ICON – International Conveyors Ltd


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

International Conveyors Limited (ICL) is engaged in the manufacture and marketing of solid woven fabric reinforced polyvinyl chloride (PVC) impregnated and PVC covered fire retardant, anti-static conveyor belting. ICL’s principal business activities include trading goods and wind energy. Its segments include Conveyor Belting, Wind Energy and Trading Goods. The Conveyor Belting segment includes manufacturing and sale of PVC Conveyor Belting. The Wind Energy Segment includes generation, supply and sale of wind power (electricity). It serves as a chain right from the stage of conveying semi-finished goods till final rolling out of finished goods. It manufactures a range of products comprising type-3 to type-6 that are suitable for Indian requirements and type-3 to type-12 that are available in markets abroad. Through its PVC compounds, customizable cover thickness and its solid woven carcass, its belt is suitable for conveying coal, potash, phosphate, fertilizer, clay, gypsum and salt.

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