Best stocks for swing trade | Top stocks for investments
Product Portfolio & Applications
CNG Steel Cylinders, Industrial Cylinders, Medical Oxygen, and Cylinders For Hydrogen Gases. These cylinders are used for high-pressure storage of gasses such as oxygen, hydrogen, nitrogen, argon, helium, air, etc, and find applications in a wide variety of industries such as manufacturing, fire equipment /suppression systems, medical establishments, aerospace/ defence and automobiles. [2] [1]
Product Mix FY23
CNG Cylinders- 48%
Industrial Cylinders- 27%
Jumbo Cylinders- 20%
Trading Sales- 5% [3]
Revenue Mix FY23
Cylinders - 96%
Castor Oil - 2%
Others - 2% [4]
Geographical Split
The company sells its products in all states across India and also serves 25+ countries across Europe, USA, South America & South-East Asia.
India - 62% in 9M FY24 vs 66% in FY20
UAE - 18% in 9M FY24 vs 18% in FY20
USA & Hungary - 20% in 9M FY24 vs 17% in FY20 [5] [6]
Clientele
The Company has a 150-strong client base consisting of OEMs like Bajaj Auto, Tata Motors, Ashok Leyland, Ve Commercial Vehicle, M&M, etc. It also supplies CNG storage cascades to CNG stations and City Gas Distribution vendors like Torrent Gas, HPCL, IOCL, Adani Gas, etc. [7] [8]
Manufacturing Facilities
In India, the company has 2 facilities at Tarapur, Maharashtra, and Kandla SEZ, Gujarat having a total capacity of 11,00,000 units.
CNG Steel Cylinders, Industrial Cylinders, Medical Oxygen, and Cylinders For Hydrogen Gases. These cylinders are used for high-pressure storage of gasses such as oxygen, hydrogen, nitrogen, argon, helium, air, etc, and find applications in a wide variety of industries such as manufacturing, fire equipment /suppression systems, medical establishments, aerospace/ defence and automobiles. [2] [1]
Product Mix FY23
CNG Cylinders- 48%
Industrial Cylinders- 27%
Jumbo Cylinders- 20%
Trading Sales- 5% [3]
Revenue Mix FY23
Cylinders - 96%
Castor Oil - 2%
Others - 2% [4]
Geographical Split
The company sells its products in all states across India and also serves 25+ countries across Europe, USA, South America & South-East Asia.
India - 62% in 9M FY24 vs 66% in FY20
UAE - 18% in 9M FY24 vs 18% in FY20
USA & Hungary - 20% in 9M FY24 vs 17% in FY20 [5] [6]
Clientele
The Company has a 150-strong client base consisting of OEMs like Bajaj Auto, Tata Motors, Ashok Leyland, Ve Commercial Vehicle, M&M, etc. It also supplies CNG storage cascades to CNG stations and City Gas Distribution vendors like Torrent Gas, HPCL, IOCL, Adani Gas, etc. [7] [8]
Manufacturing Facilities
In India, the company has 2 facilities at Tarapur, Maharashtra, and Kandla SEZ, Gujarat having a total capacity of 11,00,000 units.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.