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Skyline Millars Ltd

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NSEBSE
Stock not tradded

10.45-0.25 (-2.34%)

12:00 AM,22nd Sep 2023

BSE : 505650

NSE :

Sector : Infrastructure

ISIN Code : INE178E01026

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Last Updated: Sep 22 2023 | 12:00 AM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

1

52-WK High

0.00

52-WK High Date

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52-WK Low

0.00

52-WK Low Date

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All Time High

0.00

All Time High Date

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All Time Low

0.00

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Skyline Millars Ltd

Skyline Millars Ltd (SML) is engaged in the manufacturing of construction equipment and electric overhead traveling (EOT) cranes. It has also entered into property development business. It operates in two segments: construction equipment and real estate development. The Company's manufacturing activities are carried out at Karamsad Gujarat. The Company's real estate project is a Ghatkopar Property buliding. Skyline Millars Ltd (SML) (formerly Known as Millars India Ltd) was incorporated as The ACME Manufacturing Company Ltd on November 28 1919 under the Indian Companies Act 1913. Its name was changed to Millars India Ltd on January 4 2002 and later on changed to Skyline Millars Ltd on October 23 2007. The company has its registered office at Ghatkopar (West) Mumbai.The Company was promoted by the Walchand Group. Ashok Patel son of J.V.Patel acquired the shares from Walchand Group and took over the management in 1972. Khandelwal Udyog Ltd a manufacturer of EOT Cranes & Millars Timber and Trading Company were acquired by Mr. J.V. Patel in 1969 and 1970 respectively. Khandelwal Udyog Ltd was merged with The ACME Manufacturing Company Ltd with effect from October 1 1974 as per the order of the Bombay High Court dated August 13 1976. The running business of construction machinery of Millars Machinery Company Pvt Ltd was taken over by the Company in 1984. The main activities of the Company are manufacturing of construction equipment and EOT cranes. It has recently entered into property development business. The Company's manufacturing activities which were being carried out at its unit at Ghatkopar Mumbai have been fully shifted since October 2003 from Ghatkopar Mumbai to its works at Karamsad Gujarat.The company continued to make operating profits and net profits up to 1994-95. It's started incurring operating losses from 1995-96. Due to recession in the capital goods industry and high labour cost at Ghatkopar Mumbai the crane manufacturing activity at Ghatkopar started incurring losses from 1996 and thereafter due to continuous losses in the Company for four years it was declared as a Sick Industrial Undertaking by the Board for Industrial and Financial Reconstruction (BIFR). BIFR sanctioned a scheme of Rehabilitation in 2001 appointing Bank of India as a monitoring agency. As a rehabilitation measure the company shifted its manufacturing activities from Ghatkopar Mumbai to Karamsad Gujarat in October 2003 and entered into joint development agreement for its Ghatkopar property with M/s Skyline Residency Private Limited. The Company adopted various other rehabilitation measures which has resulted in its net worth becoming positive from 2003-04. Consequently as per the summary record of the proceedings of the review hearing held on 17th October 2006 the BIFR has discharged the Company from the purview of the Sick Industrial Companies (Special Provisions) Act 1985 / BIFR. Accordingly SML is no longer a 'Sick' Company.

Skyline Millars Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

42

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

1.63

Face Value (₹) 1
Latest Dividend (%)20.00
Latest Dividend Date 12 Sep 2013
Dividend Yield (%) -
Book Value Share (₹) [S]6.41
P/B Ratio (₹) [S]1.63
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

10.00

11.07

Week Low/High

10.00

11.00

Month Low/High

9.90

12.00

Year Low/High

8.55

14.00

All time Low/High

0.15

27.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-4.74%%-2.70-2.57%
1 Month-0.38%%1.211.43%
3 Month-11.37%%4.384.81%
6 Month-0.57%%13.6615.00%
1 Year-9.29%%11.6511.60%
3 Year120.93%%74.9376.39%

Financials

Graph
Table

Bulk/ Block

ALL
NSE
BSE
ALL
BUY
SELL
DateClient NameExchangeTransactionQuantityPrice
12-03-2019GMM PFAUDLER LIMITEDBSESELL14060001.82
12-03-2019URMI ASHOK PATELBSEBUY13913001.82
17-07-2012JETHABHAI V PATEL & CO FINANCEBSESELL7710004.91
17-07-2012MILLARS MACHINERY COMPANY PVT. LTD.BSEBUY7710004.91
28-03-2007NEELIMA UPENDRA MEHTABSESELL20000119.50
28-03-2007NEELIMA UPENDRA MEHTABSEBUY200001919.25

Peer Group Comparison

NamePrice(In Rs)Chg(%)Mkt Cap(Rs Cr)Sales(Rs Cr)Profit(Rs Cr)EPS(Rs)P/E(x)

Shareholding Pattern

Jun 2023
Archive
CategoryShare(%)
Promoter71.67
Financial Institutions Banks0.00
Foreign Institutional Investors0.00
Insurance Companies0.00
Mutual Funds Uti0.00
Other Institutional Investors0.00
Indian Public20.62
Others Non Institutional Investors7.71
Custodians0.00

Corporate Action

Announcement DatePurposeFromToRemarks
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Price History

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Company Info

Company Information

Director : Ashok J Patel

Chairman & Independent Directo : Vinod N Joshi

Director : Jatin V Daisaria

Independent Director : Upen M Doshi

Director : Shilipin K Tater

Whole-time Director : Maulik H Dave

Company Sec. & Compli. Officer : Neelam Shah

Independent Director : Diana K. Dias

Registered Office: Churchgate House 4th Floor, 32-34 Veer Nariman Road Fort,Mumbai,Maharashtra-400001 Ph: 91-022-22047471

Email:shares@skylinemillarsltd.com

URL:http://www.skylinemillarsltd.com