A V Thomas & Co. Limited

Another pipeline the company takes includes roofing materials, with manufacturing and trading of GI sheets, pipes, profiled sheets, aluminium products, and related accessories. They also provide a small clearing-house agency service.

With a steady upward growth of revenue by 8.3%, the company made over 1000+ crores in revenue and 55+ crores in net profit. Their best-performing division remained their consumer products division. The company lists 4 associate companies, namely:

AVT Gavia Foods Private Limited(50% Holding)

AV Thomas Investments Company Limited(48.77% holding)

Grover Zampa Vineyards Limited(21.03% holding)

Bon Fresh Foods Private Limited(26.56% holding).

These companies remain associated with their primary division, which is consumer products.

As a company focused on sustained growth, it has reduced its bank borrowings by nearly ₹11.43 crores in the past year. While a majority of their funding is via operating cash generation and bank facilities, there is also a significant record of investments and capital expenditure.

Being future-oriented, there are plans focused on tea-unit expansion, specifically the development of their brand Gold Cup’s presence in Tamil Nadu, as well as improvement in their roofing sales. Preliminary results of these plans can already be seen, with a 21% volume growth in roofing material sales. Overall, the company is focused on consistent growth and expansion.