July 23, 2016 12:46 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Sanrhea Technical Textiles Ltd.

Company Overview

Sanrhea Technical Textiles Limited manufactures and sells industrial fabrics in India. It offers conveyor belting fabrics; dipped nylon chafer fabrics for tires; and woven polypropylene multi/mono fabrics for line applications in the rubber vulcanizing industry, as well as polyester leader liners for RFL dipping plants. The company also provides diaphragm, impression, and float fabrics for auto industries. Sanrhea Technical Textiles Limited also exports its products. The company was incorporated in 1983 and is based in Ahmedabad, India.

Dr. Ambedkar Road,

Near G.E.B.

Kalol,  382721

India

Founded in 1983

Phone:

91 27 6422 7831

Fax:

91 27 6422 7696

Key Executives for Sanrhea Technical Textiles Ltd.

Chief Executive Officer, Managing Director, Executive Director and Member of Share Transfer and Shareholder/Investor Grievances Committee
Age: 50
Chief Financial Officer
Director of Technical, Executive Director, Chairman of Remuneration Committee, Member of Share Transfer & Shareholder/Investor Grievances Committee and Member of Audit Committee
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.

Sanrhea Technical Textiles Ltd. Key Developments

Sanrhea Technical Textiles Ltd. Reports Unaudited Standalone Earnings Results for the Fourth Quarter and Year Ended March 31, 2016

Sanrhea Technical Textiles Ltd. reported unaudited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company's net sales/income from operations was INR 47.637 million compared to INR 92.514 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.972 million compared to profit from operations before other income, finance costs and exceptional items of INR 6.097 million a year ago. Loss from ordinary activities before tax was INR 3.976 million compared to profit from ordinary activities before tax of INR 1.892 million a year ago. Net loss was INR 4.321 million compared to net profit of INR 1.668 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.44 compared to earnings per share of INR 0.56 a year ago. For the year, the company's net sales/income from operations was INR 198.917 million compared to INR 326.796 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.903 million compared to profit from operations before other income, finance costs and exceptional items of INR 16.352 million a year ago. Loss from ordinary activities before tax was INR 13.344 million compared to profit from ordinary activities before tax of INR 3.389 million a year ago. Net loss was INR 13.225 million compared to net profit of INR 2.888 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 4.41 compared to earnings per share of INR 0.96 a year ago.

Sanrhea Technical Textiles Ltd. to Report Q4, 2016 Results on May 30, 2016

Sanrhea Technical Textiles Ltd. announced that they will report Q4, 2016 results on May 30, 2016

Sanrhea Technical Textiles Ltd., Board Meeting, May 30, 2016

Sanrhea Technical Textiles Ltd., Board Meeting, May 30, 2016. Agenda: To consider and approve audited financial results of the company for the quarter / year ended on March 31, 2016.

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