April 26, 2017 11:25 PM ET

Machinery

Company Overview of Rolcon Engineering Company Limited

Company Overview

Rolcon Engineering Company Limited manufactures and sells industrial chains and sprocket wheels. It offers precision industrial transmission chains; and conveyor, elevator, and special purpose chains, as well as related sprockets. The company provides its products for steel, fertilizer, and cement plants; chemical, mining, and sugar industries; and OEMs. It sells its products under the ROL-KOBO brand name through a network of distributors, as well as sales outlets in India. The company also exports its products to Germany, Canada, Thailand, the United Arab Emirates, Bangladesh, Kenya, and Indonesia. Rolcon Engineering Company Limited was incorporated in 1961 and is based in Vithal Udyognagar...

Anand - Sojitra Road

Ta. and Dist. Anand

PB No. 20

Vithal Udyognagar,  388121

India

Founded in 1961

Phone:

91 26 9223 0766

Fax:

91 26 9223 6480

Key Executives for Rolcon Engineering Company Limited

Managing Director and Director
Age: 39
Chairman
Age: 74
Chief Financial Officer
Compliance Officer and Company Secretary
Compensation as of Fiscal Year 2016.

Rolcon Engineering Company Limited Key Developments

Rolcon Engineering Company Limited Reports Standalone Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016

Rolcon Engineering Company Limited reported standalone unaudited earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 59.399 million against INR 61.041 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 17.050 million against INR 8.493 million a year ago. Loss from ordinary activities before tax was INR 15.229 million against of INR 7.897 million a year ago. Net loss for the period was INR 15.173 million or INR 20.07 per basic and diluted share before and after extra ordinary items against INR 8.034 million or INR 10.63 per basic and diluted share before and after extra ordinary items a year ago. For the nine months, the company reported net sales/income from operations of INR 186.551 million against INR 206.396 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 23.090 million against INR 9.596 million a year ago. Loss from ordinary activities before tax was INR 19.031 million against INR 7.078 million a year ago. Net loss for the period was INR 18.906 million or INR 25.01 per basic and diluted share before and after extra ordinary items against INR 7.122 million or INR 9.42 per basic and diluted share before and after extra ordinary items a year ago.

Rolcon Engineering Company Limited, Board Meeting, Jan 27, 2017

Rolcon Engineering Company Limited, Board Meeting, Jan 27, 2017. Agenda: To consider quarterly results.

Rolcon Engineering Company Limited Announces Executive Appointments

With reference to the outcomes of board meeting dated November 8, 2016, wherein the Rolcon Engineering Company Limited announced appointment of two directors Shri. Ashokbhai Parikh & Shri. Anilbhai Gandhi as an additional director. Ashokbhai is the chairman and managing director of Flexican Bellows and Hoses Pvt. Ltd. He is currently technical adviser on the board of director of prominent companies in Bombay, Baroda, Vallabh Vidyanagar and Ahmedabad. Anil was director of M/s. EMCO MEDITATE (PVT.) LTD. At present, he is director of M/s. Flexican Bellows & Hoses Pvt. Ltd.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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