Description
In 1969, Taparia Tools Ltd. (TTL) began producing hand tools in India under technical cooperation with a reputable Swedish company. For almost a year, the senior management of Taparia Tools underwent practical training in their plant in Sweden. The Swedish corporation also sent a Senior Technical Manager to India, where he spent almost two years setting up the technology with the necessary support. Since then, Taparia Tools has reliably produced all hand tools in India using the exact same technology as its partners. The company operates two factories: one upgraded plant in Goa and one well-planned, fully equipped facility in Nashik, Western India. The company has placed a strong focus on the quality of its goods since its founding. Its well-established quality control department keeps an eye on the product’s quality throughout the production process. The company has advanced facilities for heat treatment, polishing, nickel chrome plating, forging, and machine work. Aside from this, it has completely assimilated its Swedish collaborator’s production technique. The plant not only houses a manufacturing facility but also a fully furnished laboratory and Quality Assurance Department for quick and ongoing testing of raw materials and final products.
Compared to FY 2021, Taparia Tools Ltd. saw a notable CAGR of roughly 17.8% in operating revenue and approximately 33.22% in profit after taxes in FY 2023. From Rs. 214.41 in FY 2022 and Rs. 159.22 in FY 2021, earnings per share increased steadily to Rs. 238.23, showing an ongoing increase in financial performance over time.
Interested investors can purchase shares in Taparia Tools through Bharat Invest, and can have a chance to take part in the company’s potential for growth. Taparia Tools Share Price starts from ₹2,100.00, Tapariaa Tools is engaged in manufacturing of various tools such as screw drivers, too sets ad kits and much more
