PRITI

Miscellaneous

₹226.7

0.00 (0.00%)

Market Cap	273 Cr		EPS	8.2		High	238
Stock P/E	28.6		Net Profit Margin	15.9		Low	225.1

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Performance

Today’s Low

Today’s High

225.1

238

52W Low

52W High

137.15

244.85

Open Price	235.2	Volume	750
Prev. Close	235.2

Fundamentals

Market Cap	273 Cr	ROE	22.5%
P/E Ratio(TTM)	28.6	EPS(TTM)	0.0
P/B Ratio	5.9	Dividend Yield	0.0%
Industry P/E	49.9	Book Value	39.9
		Face Value	10.0

About the Company

The company was originally incorporated as ‘Priti International Limited’ at Jodhpur, Rajasthan as a Public Limited Company under the provision of Companies Act, 2013 vide Certificate of Incorporation dated June 30, 2017 issued by the Registrar of Companies, Rajasthan. The company acquired the business of Proprietorship Concern of their Promoter Priti Lohiya viz. Priti International through Business Succession Agreement dated November 11, 2017. Consequently, Business of this proprietorship firm was merged into Priti International Limited.

The company is promoted by Goverdhan Das Lohiya, Priti Lohiya, Ritesh Lohiya, Goverdhan Das Lohiya HUF and Ritesh Lohiya HUF. Their promoter, Priti Lohiya commenced the business of handicraft products in the name and style Priti International, a proprietary concern in year 2002 at facilities located at Basni and Boranada in Jodhpur, Rajasthan. Their promoters play an active role in the day to day affairs of the company.

Business area of the company:

They are primarily engaged in manufacturing and exporting of Handicraft Products. They also deal in manufacturing of wooden, metal and textile based furniture and handicrafts products, upcycling and recycling of various kinds of raw, unusable and waste metal and wooden articles. Their products range from solid wooden and metal furniture articles, home furnishing items, creative wooden and metal articles for various uses, textile based products like cushions, pillow covers, rugs and carpets, handbags, travel bags and backpacks, pet products, etc. Priti International majorly caters to international markets. They export products to wholesalers and retailers from countries such as Spain, Belgium, Holland, Netherlands, Turkey, England, China, Greece, Germany etc. The company also exports their products to customers working on some specific projects e.g. newly constructed hotels, restaurants, bars & pubs, etc.

Major Events & milestones:

2002: Commencement of Business by Priti International. (the Erstwhile Proprietorship)
2010: Commencement of manufacturing of textile based handicrafts at Boranada.
2012: Shifting of Textile handicrafts business to Basni facility and Wooden and Metal Furniture and Handicrafts business to Boranada facility.
2017: Incorporation of Priti International Limited on June 30, 2017.
2017: Acquisition of undertaking of Priti International by the company.