Reliance Naval and Engineering Ltd operates in the Ship building and repairing sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Reliance Naval and Engineering Ltd with three other
shipbuilders in Asia:
Coastal Contracts Bhd
sales of 158.67 million Malaysian Ringgits [US$37.99 million]
of which 88%
was Vessels Chartering and equipment hire),
Nam Cheong Ltd
(541.46 million Chinese Renmimbi [US$78.26 million]
of which 59%
was Shipbuilding), and
Boustead Heavy Industries Corporation Berhad
based in Malaysia
(169.11 million Malaysian Ringgits [US$40.49 million]
of which 99%
was Defence and Security).
Reliance Naval and Engineering Ltd reported sales of 3.79 billion Indian Rupees (US$53.87 million)
March of 2018.
decrease of 32.9%
versus 2017, when the company's sales were 5.64 billion Indian Rupees.
Contributing to the drop in overall sales was the 35.5% decline
in Shipbuilding and Repairs, from 5.19 billion Indian Rupees to 3.35 billion Indian Rupees.
There were also decreases in sales in
Trading (down 2.7% to 433.90 million Indian Rupees)