|Sales Growth||Profit Growth||Expense Growth||Stock Price CAGR|
Hindustan Composites company was incorporated on July 1,1964.and obtained the certificate of commencement of business on August 19, 1964. It was jointly promoted by Turner & Newall Ltd. Manchester a wholly owned subsidiary of Turner & Newall Ltd with 74% equity participation.
Hindustan Composites is a pioneer in the development, manufacture & marketing of Asbestos Industrial Products and Friction Materials in India for over 45 years.
Composites, with its wide range of products suitable for a number of general and specialised applications, has been catering to the diversified needs of core sector industries, such as Railways, Engineering, Mining, Aerospace, Steel, Chemical, Petrochemical, Fertilizer, power generation, Ship building, Atomic Energy, Electrical, Oil exploration, Automotive, etc.
A technology driven Company, Composites is committed to continuous upgradation, development of materials and processes, to ensure the highest quality standards.
The firm belief in ‘Investment for the Future’ has led to continuous upgradation of their R & D facilities. The Company’s R & D Centre has been accorded recognition by the Department of Science and Technology, Government of India.
Their other major strengths, besides quality products and service, are multi-location production facilities and a wide network of Distributors and Wholesale Dealers.
Highlights of the company
Product range of the company includes:
Industrial Sealing & Insulation products