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Empire Industries Ltd. (India)

Main Activities: Glass Container Manufacturing | Real Estate
Secondary Activities: Machine Tool Manufacturing | Vending Machine Operators
Full name: Empire Industries Ltd. Profile Updated: November 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Empire Industries Ltd is a company located in Mumbai, India. It was founded by Mr. S.C. Malhotra, who acquired Empire Dyeing Co Ltd in 1963. Initially, the company focused on bleaching, dyeing, and finishing cotton products. However, it soon expanded its operations to include the processing of man-made and synthetic fibers, becoming India's largest textile processing house. In subsequent years, Empire Industries made further acquisitions, including Vitrum Pvt. Ltd, a manufacturer of bottles, jars, and mosaic tiles, and Garlick & Company Pvt. Ltd, which manufactured EOT cranes and marketed imported machine tools. Empire Industries has a clear mission to be the best in the market, rather than the biggest. The company consists of a diversified group of businesses, including manufacturing and marketing glass bottles for the pharmaceutical industry, marketing machine tools and industrial equipment, trading frozen food products, building and leasing commercial properties, providing vending services, developing real estate, and building and managing business centers. Over the years, Empire Industries has collaborated with major national and international organizations across various sectors. The repeated renewal of contracts reflects the strong faith these organizations have in the group's products and services. The company emphasizes delivering value to the customer and believes that the customer is the foundation of its existence. Empire Industries empowers its employees and emphasizes their responsibilities. The company has a commitment to not knowingly do harm. For more information, contact Empire Industries Ltd at their registered office in Mumbai.

Legal Address
Empire Complex,, , 414 Senapati Bapat Marg
Mumbai; Maharashtra; Postal Code: 400013

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Website: http://www.empiremumbai.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1970
Key Executives
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Chairman
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Independent Director
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Independent Director
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Independent Director
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Independent Director
Ownership Details
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72.55%
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16.39%
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5.96%
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5.1%
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Subsidiaries
Empire Securities & Capital Ltd.
Company Performance
Financial values in the chart are available after Empire Industries Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
-28.1%
Total operating revenue
-12.11%
Operating profit (EBIT)
-8.29%
EBITDA
-24.89%
Net Profit (Loss) for the Period
4.16%
Total assets
-1.7%
Total equity
5.93%
Operating Profit Margin (ROS)
3.07%
Net Profit Margin
2.34%
Return on Equity (ROE)
-0.2%
Debt to Equity Ratio
-31.32%
Quick Ratio
-0.27%
Cash Ratio
-0.02%

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