TRF Ltd

TRF Ltd, established in 1962, is a pioneer in India for solutions in bulk material handling/processing systems and equipment, port & yard equipments and trailer undergears. It has over a period of 45 years been able to create a high demand for its products in the infrastructure sector in India such as power, steel, mining, cement, port, etc. TRF Ltd through its manufacturing base at Jamshedpur offers engineered products to meet specific requirements of its customers. The company undertakes turnkey projects for power and steel plants, ports and mining sectors.

The company also owns a subsidiary, York Transport Equipment (Asia) Pte Limited, Singapore,(http://www.yorktransport.com and http://www.yorktransport.com.au) which is engaged in the business of production and distribution of trailer undergears, with a market presence in 27 countries.

TRF envisages to flourish further in the days ahead through new investments in adjacent business areas and by expanding the current business.


CURRENT YEAR IT HAS POSTED 75 E.P.S(20RS . OTHER INCOMIN THIS ) AND 2009 IT WILL POST 85 AND 2010 E.P.S WILL BE125RS.
YEAR HIGH WAS 2100RS YEAR LOW 545 CURRENT PRICE 585 IS A OPPORTUNITY TO BUY

SEE THIS REPORT




NEWS CLIP MARCH 9, 2008
BUSINESS LINE SUNDAY MARCH 9, 2008
TRF ARM YORK TRANSPORT’S FACILITY TO COME UP BY YEAR‐END
Ambar Singh Roy
Kolkata, March 8
The second global production facility of York Transport Equipment (Asia) Pte Ltd
of Singapore – a subsidiary of the Jamshedpur‐headquartered TRF Ltd — is going
to be set up in India by the end of 2008‐09.
York Transport Equipment is engaged in the business of manufacturing and
distributing trailer undergears and trailer components and has a presence in 27
countries. The proposed manufacturing facility would be set up under the York
India umbrella, according to Mr Sudhir Deoras, Managing Director, TRF Ltd.
Possible location
The Tata Strategic Management Group has undertaken a study to determine the
size of the market for York products in India, its growth potential, and so on. The
location of York’s manufacturing facility in India, however, is yet to be decided.
“We need to be where the trailer manufacturers are located. One possible
location could be the Mumbai‐Delhi corridor,” Mr Deoras told Business Line.
According to him, with growth in the economy and expansion of the road
infrastructure in the country, movement of trailers was bound to go up. As such,
this offered great scope for business growth of companies such as York Transport
Equipment.
Mr Deoras said TRF Ltd — which is in the business of engineered equipment,
systems and services for bulk material handling systems, steel plant systems, coal
beneficiation systems, and so on — has acquired 51 per cent of the equity stake in
York Transport Equipment with a call and put option in place for acquiring the
balance 49 per cent by April 2010. Consequent to the acquisition of the 51 per
cent equity stake in York Transport, TRF has also taken over the management of
the company.
At present, around Rs 15 crore worth of York products are sold in India annually
under the York brand. It is hoped that, within the next three years, sales of York
products would generate a revenue of “at least Rs 200 crore” for York India, Mr
Deoras said.


JUST BUY AND HOLD LIKE A ASSET