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* - Tentative Dates
The objects of the Issue are:
A. Repayment of loan.
B. Working Capital Requirements.
C. General corporate purposes.
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-21 | 90.87 | 48.07 | 0.55 | 64.89 | 56.04 | 16.33 |
| 31-Mar-22 | 103.63 | 71.87 | 1.28 | 66.12 | 57.26 | 23.4 |
| Amount in ₹ Crore | ||||||
Rungta Irrigation is primarily engaged in the activity of Manufacturing, Designing, Assembling, and Marketing of Sprinkler Irrigation systems. The product range of the company includes Sprinklers, Drip Irrigation systems. The company offers the world’s best and most up-to-date technologies. It has three decades of standing in the Irrigation industry with a tremendous amount of goodwill built over these years. It has three production units at Ghaziabad, Yanam, and Jamshedpur.
The company has installed a capacity of 7,000 MTPA HDPE Pipes, 15,000 MTPA rigid PVC Pipes and Profiles, 3,000 MTPA linear low-density polyethylene tubes, and 3,50,000 aluminum pipes with couplers. It has already reached a turnover of Rs.2500 million and has established itself as a fast-growing group with a presence all over the country.
