Discover and get complete analysis on Elofic upcoming IPO unlisted shares - Management, Business Model, Financials, Growth, Valuations, Funding Rounds, News and latest updates on Elofic Industries Share Price
Elofic industries limited was incorporated on 2nd June 1973. The company is engaged in manufacturing and supplying of automobile filters and lubes.
Elofic has a range of oil filter, air filter, fuel filter and hydraulic filter, and lubricants. The company has six manufacturing units located in Faridabad, Noida, Hosur and Nalagarh with a production capacity of 110 million pcs per annum.
Mr. Mohan Bir Sahni is the chairman cum managing director and Mr. Kanwal Deep Sahani is the vice chairman cum joint managing director.
It has a distribution network of 1,400 Distributors, and 55,000 Dealers who are backed by 6 regional warehouses.
Elofic Industries Strengths
Operating Profits of the company has been increasing with a CAGR of 27.5% from 2016 to 2020. Profit after tax of the company has been increasing with a CAGR of 36.3% from 2016 to 2020.
It has a strong distribution network of 1,400 Distributors, and 55,000 Dealers who are backed by 6 regional warehouses.
Elofic has a huge customer base such as TATA Motors, Volvo Eicher, Maruti Suzuki, Mahindra and Mahindra, Renault Nissan, Kawasaki Motors, Wabco, Kohler and many more which allows to avoid any dependency.
Comments