Name of Unit: Sintex Industry Limited Sintex was incorporated in 1931 and commenced its operation with its textile mill at Kalol in Gujarat . Company diversified into manufacturing of water storage tanks in 1975 and has over the years moved up the plastic value chain by offering several technology intensive products and complete solutions including prefabricated structures, custom molded composites and monolithic construction etc. Plastic segment is now the Company’s flagship business which accounts for more than 90%of top line of the company with remaining 10% coming from textiles. Textile segment mainly caters to high-end and design intensive segment of the market, giving it better operating margins .the Company is implementing a diversification …show more content…
During CY12, SIL acquired two units of the German group Poschmann - one in Germany, now renamed as NP Poschmann and the other in Poland, named NP Polska which would enable SIL with geographic diversity and access to German origin global brands both in the automotive (Bosch, Porsche, Pier burg, etc.) and non-automotive (Siemens, Grohe, Wilo, Vorwerk, etc.) spaces. The cost of acquisition was Euro 2.90 million which was funded entirely through internal accruals. Further, during CY12, Wausaukee Composites Inc. (WCI) renamed to Sintex Wausaukee Composite Inc. (SWCI) to strengthen the ‘Sintex’ brand visibility in the American markets. All these acquisitions have augmented the technical capabilities of SIL and have provided SIL with reputed clientele in their respective industries, thereby providing SIL the opportunity to cross-sell its products across customer segments. Over the last three years, SIL’s domestic as well as overseas subsidiaries have contributed almost 40% of its consolidated sales. With large contribution from its overseas subsidiaries (USA and Europe) and due to concerns of a slowdown in the Eurozone countries, SIL’s consolidated performance would largely depend on performance of its overseas subsidiaries going forward. Strong financial risk profile with sustained income growth and healthy profitability In recent years, SIL’s total operating income has grown at a healthy rate due to strong growth in the plastics division on the back of continuous introduction of new products and also due to healthy inorganic growth. At a consolidated level, SIL’s total operating income, which registered a CAGR of nearly 13% over the last four years ended FY13, grew by nearly 15% during the year over FY12 primarily due to healthy growth in the prefab business which
1. Antibody immunity uses B cells to secrete antibodies. The antibodies are circulated through the plasma cells in the body and bind to the transplant. They then attack the transplant because they see it as a foreign body. Cell-mediated immunity also works to attack the "foreign body" but is uses T cells that are directly attached to the transplant.
The diversification lowered the overall risk of the firm and created an information network among the divisions, which was critical for the company to gain competitive advantage. The loyal customer base was another strength. The $60 billion assets that under the company’s management provided the company a positive brand image and made it easier for the company to attract new customers. Weakness:
Management has shown their abilities over the years to weather the recent EPA changes and declining wood stove market. While their profit margin for return on assets decreased, they managed to still increase sales enough in their niche market to increase their asset turnover and in the end, increase their return on assets. Even with major deficits in their retained earnings, the company worked through the tough regulations and low cash flow to not only continually grow their business, but turn
S.W.O.T. Analysis Strengths • Stryker’s growth has been continuous over many years. • Market trends
It is widely recognized by the customers for introducing a variety of innovative and high-quality products to the market while the competitors could not do the same. “During this period of time, the company grew at a very fast rate and expanded its market to Europe, Asia, and Latin America” (dynacorp case study). However, Dynacorp’s glory did not last long. The company started to face many problems while its competitors began to close the technology gap and gained back the
Strengths: - Foreshadow the 3 day rescission to the client. - Great utilization of hold time to check into the clients disbursement. - Advised the client that disburse was already process and provided the client with information when the check would be received. - Provided the client with the UPS tracking number and had the client repeat it back.
1. The operating system I am using is windows 7 and it allows me access Word, Excel, Access and PowerPoint. 2. A user interface is the way in which the user will interact with the computer system and all the apps that are available on the computers software. The components of a user interface is navigation mechanism, input mechanism, and output mechanism.
Janet: You asked me to conduct some legal research on the questions posed by Brian Malechuk from Katy ISD regarding IEE cost and protocols. My findings and recommendations are below. Can Katy ISD mandate that their IEE providers provide Katy ISD with the protocols utilized during the IEE process? Short Answer: For the most part, yes.
Sales projections are incredibly difficult to predict for a new company but, considering the above analysis of the financial statements, we can tell that Mdelic Wasatch Outerwear should improve their current financial position but it is still in a favorable position and we can expect positive results. I also think that we need to keep improvinging and I have a few suggestions: 1) Explore new markets We should start exploring new markets for our business and take the time to plan how we can expand our existing market. We can look for ways to improve our marketing, whether by winning easy publicity or preparing direct mails. 2) Have a Limited-Time Sale or Promotion
Protiviti is a global consulting firm that helps companies solve problems in finance, technology, operations, governance, risk and internal audit. Through their network of more than 70 offices in over 20 countries, they have served more than 40 percent of FORTUNE 1000® and FORTUNE Global 500® companies. They also work with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half. Founded in 1948, Robert Half is a member of the S&P 500 index.
And achieve as a result, the growth for its brand, market share, and sales
Q 1. With respect to lean manufacturing, what do you see as “next steps” for Daktronics? Should Daktronics extend lean techniques to non-manufacturing areas? What are the pros and cons? Answer:
Competitive strategy is a suit of methods and action sequence deliberately planned and put into place by companies in the face of market competition. This seems to be a clear way of keeping their market shares, expanding sales and managing the product lines to deliver desired results. The corporate world often needs some sorts of solid strategies considering the trends of the market competition. Beyond the issues of quality and distribution, companies often need to plan ahead and protect their market share in the sale.
The spread is organized according to per capita basis in these countries. Besides, the mission of the company is to provide a complete range of products to the consumer in relax and pleasant environment. Other than that, the workforce also play a big role. The company has employed around 45,000 workers in its retail store shop where each of them is well
More often than not, Malaysians tend to confuse between two similar-sounding electrical appliance brands, namely Panasonic and Pensonic. Both belong to the same industry but differ in its ownership, origin and entity. To distinguish between the two brands, Pensonic is an electrical houseware organization that was founded in Penang in 1965. It was previously known as Keat Radio and Electrical Co. founded by Datuk Seri Chew Weng Khak.