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Sanathnagar Enterprises Share Price

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NSEBSE
Stock not traded

28.931.37 (4.97%)

04:01 PM,12th Apr 2024

BSE : 509423

NSE : BAKELHYLAM

Sector : Infrastructure

ISIN Code : INE367E01033

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Last Updated: Apr 12 2024 | 04:01 PM IST

Market Cap (₹ Cr)

0

Turnover (₹ Cr)

0.00

Volume (Shares)

Face Value

10

52-WK High

0.00

52-WK High Date

Invalid date

52-WK Low

0.00

52-WK Low Date

Invalid date

All Time High

55.86

All Time High Date

25 Sep 1995

All Time Low

4.52

All Time Low Date

18 Feb 1999

Sanathnagar Enterprises Ltd

Sanathnagar Enterprises Limited (Formerly known Bakelrte Hylam Limited) was established in June 1947. The Company 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.The Company's Casa Paradiso project is a large mid income residential project with supersized 3 room residences in at Sanathnagar in Central Hyderabad. The target profile of this project is the middle / upper middle income segment of the market. The project was designed by Hafeez Contractor one of the India's largest and most reputed architectural firms. The Company is a subsidiary of Macrotech Developers Limited. The ultimate holding company is Sambhavnath Infrabuild and Farms Private Limited. The Company is primarily engaged in the business of real estate development. Prior to this 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.The Sanathnagar Plant resumed operations in November 2003 and was stabilized by December 2003.The Demerger of the Foams & Resins business as well as the de-merger of the Particle Board business was taken up during the year 2008 which got implemented subject to Rehabilitation Scheme effective from April 132009. Consequently all the transactions were on behalf of the resulting companies as follows: Particle Board business including the Balarshah factory and Foams and Resins business including the Nacharam factory and various assets/liabilities demerged into the Company through the Scheme of Arrangement. In view of the demerger the only operating business in the Company was surface textures which divested on March 31 2009.Siddhnath Residential Paradise Private Limited (SRPPL) (Formerly known as Paraswanath Residential Paradise Private Limited) co-promoter of the Company and New Management on 25th May 2010 acquired majority stake in the Company. Accordingly the Company became a subsidiary of SRPPL. Further since SRPPL is wholly owned subsidiary of Lodha Developers Limited the Company also became a subsidiary of Lodha Developers Limited during 2010. Pursuant to the BIFR/ AAIFR Scheme/ Order the Company ventured into real estate activity on its land at Sanathnagar Hyderabad and started developing Sanathnagar land after getting all assets lying at Sanathnagar dismantled/sole/discarded and consequently land owned by the Company was transferred. The Company's real estate residential project at Hyderabad was completed in 2018.

Sanathnagar Enterprises Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

9

EPS - TTM (₹) [S]

6.63

P/E Ratio (X) [S]

-0.76

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]-38.17
P/B Ratio (₹) [S]-0.76
[*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

26.20

28.93

Week Low/High

22.86

28.93

Month Low/High

18.51

28.93

Year Low/High

14.94

32.00

All time Low/High

0.95

250.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week20.24%%0.000.03%
1 Month19.00%%0.780.82%
3 Month26.22%%2.312.85%
6 Month51.62%%11.8013.77%
1 Year76.94%%22.9426.43%
3 Year139.29%%55.0557.36%

Company Info

Company Information

Director : Sanjyot Rangnekar

Independent Director : Jinesh Shah

Independent Director : Ritika Bhalla

Company Sec. & Compli. Officer : Shashank Nagar

Non Executive Director : Govind Jaju

Additional Director : RAMESHCHANDRA CHECHANI

Registered Office: 412 4th Flr 17G Vardhaman Cham, Cawasji Patel Road Fort,Mumbai,Maharashtra-400001 Ph: +91-22-61334400

Email:investors.sel@lodhagroup.com

URL:http://www.sanathnagar.in