sector: Cyclical Consumer Goods & Services ·
industry: Apparel & Accessories ·
As of
25 Nov 2009
43.35INR
S Kumars Nationwide Limited (SKNL) is an India-based company. The Company is engaged in manufacturing fabrics, ready-to-wear garments and home textiles. The Company manufactures Reid & Taylor Worsted Suiting and natural fiber suiting. The Company also markets ready-to-wear garments under the brand Reid & Taylor and Stephen Brothers. Its brands include Reid & Taylor, Belmonte, S Kumars, Carmichael House and Stephen Brothers. Its manufacturing units based in Mysore (Karnataka) and Dewas (Madhya Pradesh) collectively produce over 2,00,000 meters of fabrics each day. The Company’s subsidiaries include Reid & Taylor (India ) Ltd., Anjaneya Foundation, SKNL Italy S.p.A., SKNL International B.V. and SKNL Europe B.V. In October 2008, the Company acquired Leggiuno S.p.A., manufacturer of HVFC fabrics in Italy.
BRIEF: For the six months ended 30 September 2009, S Kumars Nationwide Limited's revenues increased 51% to RS16.65B. Net income decreased 3% to RS1.1B. Revenues reflect an increase in income from operations. Net income was offset by an increase in consumption of raw materials, a rise in staff costs, higher selling & distribution expenditure, increased depreciation expenses and increased other operating expenditure.
S Kumars Nationwide Ltd.
'Avadh', Avadhesh Parisar,
Shree Ram Mills Premises,
G.K. Marg, Worli,
Mumbai 400 018
P: +9122.24930180
F: +9122.24931685