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Sanathnagar Enterprises Ltd.

BSE: 509423 Sector: Infrastructure
NSE: BAKELHYLAM ISIN Code: INE367E01033
BSE 10:01 | 13 Apr 12.69 0.60
(4.96%)
OPEN

12.69

HIGH

12.69

LOW

12.69

NSE 05:30 | 01 Jan Sanathnagar Enterprises Ltd
OPEN 12.69
PREVIOUS CLOSE 12.09
VOLUME 740
52-Week high 12.69
52-Week low 6.45
P/E 5.14
Mkt Cap.(Rs cr) 4
Buy Price 11.50
Buy Qty 2000.00
Sell Price 0.00
Sell Qty 0.00
OPEN 12.69
CLOSE 12.09
VOLUME 740
52-Week high 12.69
52-Week low 6.45
P/E 5.14
Mkt Cap.(Rs cr) 4
Buy Price 11.50
Buy Qty 2000.00
Sell Price 0.00
Sell Qty 0.00

Sanathnagar Enterprises Ltd. (BAKELHYLAM) - Company History

Bakelite Hylam whose brands Decolam and Decolite have become generic names is a pioneer in laminates and also resins. Set up by a trust and named Hyderabad Laminates it was one of the few private sector units to exist and flourish at that time. Down the years the original name got shortened to Hylam India and later by merger with Bakelite India (then agents for Bakelite UK) and the company became Bakelite Hylam in 1969.After introducing industrial laminates the company started manufacturing decorative laminates simultaneously putting up capacities for plain and copper-clad industrial laminates in 1974. Industrial laminates are used in consumer electronics -- covering TVs VCRs and audio systems. Later glass epoxy was introduced in 1987 to be used in professional electronics telecommunication computers etc. The company also manufactures resins. In 1983 as a backward integration BHL took over a sick unit near Hyderabad manufacturing formaldehyde a vital raw material for resins. In the recent past it has added phenolic foam called phenotherm electrical insulating varnishes (in collaboration with Sterling Varnishes UK) surface textures and integrated forward into resins like polyester. The company undertook expansion plan for particle boards at a cost of Rs.90 crores. The company has co-promoted along with the West Bengal government a unit at Haldia to manufacture 12000 tpa of acrylic fibre.A precipitator was installed at Balarshah plant to control the wastage generated from the production and the same is being as fuel.As the networth of the company has been fully eroded the company has been referred to BIFR as per the provision of SICA1985.

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