Baroda Rayon Corpn.
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The Baroda Rayon Corporation’s board noted a loan agreement executed between the company and Aditya Birla Capital Limited for a ₹80 crore secured term loan facility. The arrangement includes a takeover and refinancing of the company’s existing consortium debt of ₹32.06 crore, as well as a fresh term loan of ₹47.94 crore. The company had previously highlighted stretched liquidity and expected leverage increases to fund its Surat Textile Bourse projects, and the new facility moves borrowing to a single lender.
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The Baroda Rayon Corporation’s board noted a loan agreement executed between the company and Aditya Birla Capital Limited for a ₹80 crore secured term loan facility. The arrangement includes a takeover and refinancing of the company’s existing consortium debt of ₹32.06 crore, as well as a fresh term loan of ₹47.94 crore. The company had previously highlighted stretched liquidity and expected leverage increases to fund its Surat Textile Bourse projects, and the new facility moves borrowing to a single lender.
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Aug 14 (Reuters) - Baroda Rayon Corporation Ltd BRRY.BO:
INDIA'S BARODA RAYON CORPORATION LTD JUNE-QUARTER NET PROFIT 81.7 MILLION RUPEES VERSUS PROFIT 65.8 MILLION RUPEES
BARODA RAYON CORPORATION LTD JUNE-QUARTER REVENUE FROM OPERATIONS 542.6 MILLION RUPEES VERSUS 138 MILLION RUPEES
Source text for Eikon: ID:nBSE3BMVKX
Further company coverage: BRRY.BO
(([email protected];))
Aug 14 (Reuters) - Baroda Rayon Corporation Ltd BRRY.BO:
INDIA'S BARODA RAYON CORPORATION LTD JUNE-QUARTER NET PROFIT 81.7 MILLION RUPEES VERSUS PROFIT 65.8 MILLION RUPEES
BARODA RAYON CORPORATION LTD JUNE-QUARTER REVENUE FROM OPERATIONS 542.6 MILLION RUPEES VERSUS 138 MILLION RUPEES
Source text for Eikon: ID:nBSE3BMVKX
Further company coverage: BRRY.BO
(([email protected];))
Aug 10 (Reuters) - Baroda Rayon Corporation Ltd BRRY.BO:
BARODA RAYON CORPORATION LTD - COMPANY HAS ENTERED INTO LOAN AGREEMENT TO AVAIL FINANCIAL ASSISTANCE/LOAN FROM NANAVATI VENTURES
BARODA RAYON CORPORATION LTD - LOAN AGREEMENT UPTO 45 MILLION RUPEES FOR BUSINESS PURPOSE
Source text for Eikon: ID:nBSE8PcbPK
Further company coverage: BRRY.BO
(([email protected];))
Aug 10 (Reuters) - Baroda Rayon Corporation Ltd BRRY.BO:
BARODA RAYON CORPORATION LTD - COMPANY HAS ENTERED INTO LOAN AGREEMENT TO AVAIL FINANCIAL ASSISTANCE/LOAN FROM NANAVATI VENTURES
BARODA RAYON CORPORATION LTD - LOAN AGREEMENT UPTO 45 MILLION RUPEES FOR BUSINESS PURPOSE
Source text for Eikon: ID:nBSE8PcbPK
Further company coverage: BRRY.BO
(([email protected];))
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What does Baroda Rayon Corpn. do?
Baroda Rayon Corporation Limited, previously focused on manufacturing Viscose Filament yarn and Nylon yarn, has shifted its operations to Real Estate activities since August 2008.
Who are the competitors of Baroda Rayon Corpn.?
Baroda Rayon Corpn. major competitors are Shree Karni Fabcom, Axita Cotton, Le Merite Exports, Ashima, DCM Nouvelle, Binny, Nutricircle. Market Cap of Baroda Rayon Corpn. is ₹298 Crs. While the median market cap of its peers are ₹287 Crs.
Is Baroda Rayon Corpn. financially stable compared to its competitors?
Baroda Rayon Corpn. seems to be less financially stable compared to its competitors. Altman Z score of Baroda Rayon Corpn. is 2.21 and is ranked 7 out of its 8 competitors.
Does Baroda Rayon Corpn. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Baroda Rayon Corpn. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Baroda Rayon Corpn. allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Baroda Rayon Corpn. balance sheet?
Balance sheet of Baroda Rayon Corpn. is moderately strong, But short term working capital might become an issue for this company.
Is the profitablity of Baroda Rayon Corpn. improving?
The profit is oscillating. The profit of Baroda Rayon Corpn. is ₹22.21 Crs for TTM, ₹40.35 Crs for Mar 2025 and ₹34.22 Crs for Mar 2024.
Is the debt of Baroda Rayon Corpn. increasing or decreasing?
Yes, The net debt of Baroda Rayon Corpn. is increasing. Latest net debt of Baroda Rayon Corpn. is ₹176 Crs as of Mar-26. This is greater than Mar-25 when it was ₹173 Crs.
Is Baroda Rayon Corpn. stock expensive?
Baroda Rayon Corpn. is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Baroda Rayon Corpn. is 13.4, while 3 year average PE is 6.6. Also latest EV/EBITDA of Baroda Rayon Corpn. is 24.52 while 3yr average is 25.43.
Has the share price of Baroda Rayon Corpn. grown faster than its competition?
Baroda Rayon Corpn. has given better returns compared to its competitors. Baroda Rayon Corpn. has grown at ~-11.8% over the last 2yrs while peers have grown at a median rate of -25.57%
Is the promoter bullish about Baroda Rayon Corpn.?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Baroda Rayon Corpn. is 67.53% and last quarter promoter holding is 67.53%.
Are mutual funds buying/selling Baroda Rayon Corpn.?
The mutual fund holding of Baroda Rayon Corpn. is stable. The current mutual fund holding in Baroda Rayon Corpn. is 0.02% while previous quarter holding is 0.02%.