Kovilpatti Lakshmi Roller Flour Mills Ltd
NSE: KLRF BSE: 507598
₹78.15
(1.11%)
Sat, 17 Oct 2026, 11:52 am
Market Cap (in Cr)69.88
PE Ratio12.74
Dividend1.29
Process Industries
Agricultural Commodities/Milling
24.5KCompany History
1961
- The company was incorporated on 16th December as a private limited company at Ganaikondan in Tirunelveli district of Tamil Nadu.
1978
- The then board of directors floated one more unit in the name and style of `KLRF Sheet Metal Industries' at Gudalore in Coimbatore district.
1981
- 8,000 shares of Rs. 100 each were issued as Rights in proportion 1:1 on 20th October.
1982
- The company was converted into a public limited company on 8th May.
- 16,000 shares issued in proportion 1:1 on 12.4.1982.
- Shares were then sub-divided.
1983
- 3,07,500 number of equity shares of Rs. 10 each issued to the public at a premium of Re. 1 per share.
- Allotment made in January.
1987
- Quantity of wheat milled was marginally lower at 32,840 tonnes mainly due to non-availability of wheat crop by virtue of drought situation.
- A new open end spinning mill was established at Sattur, a notified backward area in the Kamarajnagar district of Tamil Nadu.
1988
- The flour mill division incurred a loss due to higher interest and transportation costs caused by purchase of wheat in open markets from North India.
- The company undertook to establish an Open End Spinning Unit at Sattur, an industrially notified backward area.
1989
- Constraints in the availability of raw material, price fluctuation, movement restriction and credit restrictions resulted in uneconomical working of the flour mills division.
- Performance of the sheet metal division improved and the modernisation programme of the unit was expected to be completed during the year.
- The company allotted 14% secured non-convertible debentures aggregating to Rs. 80 lakhs on private placement basis to LIC, GIC, United India Insurance Co. Ltd. and Oriental Insurance Company, Ltd.
- The company relinquished partnership in M/s. Eltex Computer Services with effect from 1st April.
1990
- The working results of the flour mill division improved considerably despite unfavourable conditions like partial credit restrictions and periodic changes in the wheat distribution policy.
- Turnover of the sheet metal division and textile division respectively increased with compared to the previous period.
- The company undertook the modernisation of the textile division at Gangaikondan
1991
- The order book position of the sheet metal division was not satisfactory due to inventory adjustment by the customers.
- Turnover of the textile division dropped due to high cotton prices and consequent increase in stock value and interest thereon.
- The company proposed to issue non-convertible debentures aggregating to Rs. 90 lakhs on private placement basis to Canbank Mutual Fund.
1993
- The sheet metal division was able to substantially reduce the losses despite continued recession for major part of the year.
1994
- The flour mill division and sheet metal division registered profitable operations.
- The sheet metal division despatched the first batch of coffee roasting machines.
- One wind electric generator was commissioned and the second one was under erection.
- 12,55,000 Bonus Equity shares issued in proportion 1:1.
1995
- Expansion was reported to be in progress at the open end spinning unit.
- One more open end unit was proposed to be installed to augment the production of coarse count yarns for handloom and power loom section.
2005
- Kovilpatti Lakshmi has recommended 15% dividend
2006
- KLRF enters into metal manufacturing
2007
- The company has designated E-mail ID for Investor Complaints: [email protected]
2008
- Kovilpatti Lakshmi Roller Flour Mills Ltd has informed that the name of the Company has been changed from 'Kovilpatti Lakshmi Roller Flour Mills Ltd' to 'KLRF Ltd'.
2018
- Company name has changed to Kovilpatti Lakshmi Roller Flour Mills Ltd. from KLRF Ltd.
2024
- The NCLT approved Scheme of Amalgamation of Raya Foods Private Limited with Kovilpatti Lakshmi Roller Flour Mills Limited.
