The history of Indo Rama Synthetics (India) Ltd. dates back to 1989, when it first forayed into the business of polyesters. Believing that polyester was going to be the fibre of the future, the commitment and perseverance over the years by the company has today resulted in an undisputed leadership position for it in the Indian polyester arena. A leading manufacturer and supplier in the country's fast growing polyester sector since the last two decades, Indo Rama has emerged as India's second largest dedicated polyester manufacturer having carved a niche in the market place for its unmatched quality offerings.

Equipped with a state-of-art integrated manufacturing complex at Butibori near Nagpur in Maharashtra, Indo Rama also has several technical collaborations with various technology leaders in Japan, Germany and USA. A customer focused organization, Indo Rama stands for high quality standards and innovative business practices.

Driven by the passion to seek new challenges, Indo Rama has recently forayed into the power sector. Indo Rama's 82.5 MW installed capacity comprises 52.5 MW (3x13.5 MW + 3x4 MW) of diesel generating (DG) sets and 40 MW of co-gen captive facility based on coal, giving 30 MW electricity. The company's combined power generation capabilities are integrated into a common power supply pool, from which required amount of power is fed for internal use and the surplus is sold to external agencies.

The Indo Rama Group has a strong presence in Indonesia, Thailand, USA, Nepal and Sri Lanka, besides India. It has focussed business activities in the field of Textiles, Polyesters and Industrial Chemicals. Forbes magazine has recognized the Group - Indo Rama Synthetics (India) and associate companies based in South-East Asia - as one of the '100 Best Small Companies in the Emerging Markets'.

Product range of the company includes:

Polyester Staple Fibre (PSF)
Partially Oriented Yarn (POY)
Draw Texturised Yarn (DTY)
Fully Drawn Yarn (FDY)
Polyester Chips

Awards and achievement:

2008-09- First prize in National energy conservation award -2008 by Ministry of Power, Government of India
Second prize in over all export performance award by SRTEPC
2007-08 -National Award for Excellence in water management 2007 by CII
Second prize in National energy conservation award in the petrochemicals sector by Ministry of Power, Govt. of India
2006-07-“Best export performance” for exports to focus African countries in Gold category by SRTEPC
National Award in Excellence in water management 2006 by CII
Leadership & excellence award in safety, health & environment by CII
2005-06- “Best export performance” for exports to ‘Focus Lac’ countries in Gold category by SRTEPC
Man-made fibre yarn blended with natural fibre, State level energy conservation by SRTEPC
Leadership & excellence award in safety, health & environment by CII 2004-05
State level energy conservation award by MEDA, Pune
National Award in Excellence in water management 2004-05 by CII
Corporate excellence award in Sourcing excellence by IIMM-Ariba Inc
Udyog Ratna Award - O.P. Lohia, CMD in Outstanding contribution to the State of Madhya Pradesh by Govt. of Madhya Pradesh 2003-04
Special award in silver category by SRTEPC
National award for Excellence in water management 2003-05 by CII
Man-made fibre yarn blended with natural fibre in gold category by SRTEPC
Viscose spun yarn in gold category by SRTEPC 2002-03
Special award in silver category by SRTEPC
National award in Excellence in water management 2003-05 by CII
Man-made fibre yarn blended with natural fibre in gold category by SRTEPC 2001-02
Special award in silver category by SRTEPC
Man-made fibre yarn blended with natural fibre in gold category by SRTEPC
Non-traditional markets in gold category by SRTEPC 1999-2000
Special award in silver category by SRTEPC
Polyester spun yarn in gold category by SRTEPC
Man-made fibre yarn blended with natural yarn in gold category by SRTEPC
Man-made fibre yarn blended with natural fibre in gold category by SRTEPC
Non-traditional markets in gold category by SRTEPC1998-99
Man-made fibre yarn blended with natural yarn in gold category by SRTEPC
Non-traditional markets in gold category by SRTEPC 1997-98
Special award in gold category by SRTEPC
Man-made staple fibre in gold category by SRTEPC
Polyester filament yarn in gold category by SRTEPC
Man-made blended fibre yarn in gold category by SRTEPC 1996-97
Special award in gold category by SRTEPC
Man-made staple fibre in gold category by SRTEPC 1995-96
Polyester-cotton blended yarn in gold category by SRTEPC 1994-95
Special award in gold category by SRTEPC
Viscose spun yarn in Gold category by SRTEPC
Polyester-cotton blended yarn in gold category by SRTEPC1993-94
Polyester-cotton blended yarn in gold category by SRTEPC 1990-91
Viscose spun yarn in Gold category by SRTEPC 1989-90
Viscose spun yarn in Gold category by SRTEPC

Certifications:

ISO 9001:2000,
ISO 14001:2004
OSHAS 18001

Market Cap	1,360 Cr	ROE	-4.2%
P/E Ratio(TTM)	0.0	EPS(TTM)	0.0
P/B Ratio	2.6	Dividend Yield	0.0%
Industry P/E	13.5	Book Value	19.8
		Face Value	10.0

Fundamentals