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Issue Date:14 January 2019     Price in Rs. R 7000    Price in USD. $ 100
    

Mumbai based Jesons Industries Ltd. is a manufacturer of industrial adhesives and emulsion binders. The clientele of Jesons belongs to diversified end uses like packaging tapes, stickers, carpet, automobile, textile, wood, paint, footwear, construction chemicals and furniture adhesives.

 

The company has manufacturing units at three locations – Daman, Roorkee and Chennai with an aggregate installed manufacturing capacity of 122,245 MTPA for manufacture of adhesives, binders and pigments as on March 31, 2018. Further, it has plans to undertake green field expansion at Boisar at an estimated total project cost of Rs 80.00 crore. This expansion project is estimated to add capacities to the extent of 2,00,000 MTPA and is expected to take place in phases and it is spread over next three to four years.

 

Jesons markets its products under the brand name ‘Bondex’. (Source: Care Ratings)

 

The private limited company was incorporated in 1999. It has 5 directors: Dhiresh S Gosalia (managing director), Shreyas M Patel, Raju Palvia, Alyza Nihar Sanghai, Jyoti H Doshi.

 

For the year ended Mar’18, Jesons reported revenue of around Rs 7.5B (USD 109m), a growth of 25% over the previous year and net profit of Rs 240m (USD 3.6m).

 

Find more information in our detailed research report.

  • Company Background
  • Business Highlights
  • Financial Performance
  • Financial Details

 

  • Board of Directors
  • Financial Summary
  • Profit & Loss Account
  • Balance Sheet
  • Ratios

 

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