P

Priti International Limited

(NSE: PRITI)

PRITI

162

1.10 (0.68%)

Price Chart

Price Chart

Price Summary

Today’s High

168.4

Today’s Low

159

52 Week's High

168.4

52 Week's Low

159

Company Essentials

Market Cap

76.8 Cr

CASA

0.0

No. Of Shares

1.0 Cr

P/E

2.0

P/B

1.4

Face Value

10.0

Dividend Yeild

0.0

Book Value

68.5

Net Interest Income

49.50 L

Cost to Income

NA

Promoter Holdings

74.6

EPS

11.9

CAR

NA

ROE

19.0

ROCE

27.0

Profit Growth

NA

Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

FELDVR

7.85

NA

NA

NA

NA

NA

NA

Jain Irrigation Systems Limited

20.35

NA

NA

NA

NA

NA

NA

Priti International Limited

160.3

76

1.4

2.0

11.9

19.0

27.0

49.50 L

Ajooni Biotech Limited

45.4

68

2.0

81.5

0.4

2.4

5.1

0.0

Touchwood Entertainment Limited

78.95

94

8.6

118.8

1.0

7.6

11.0

2.58 L

Pressman Advertising Limited

42.4

103

1.2

9.0

2.4

13.8

18.6

70.8

FAQ’s on Priti International Limited

About

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.