| Name of Company | Saraswati Industrial Syndicate Ltd. |
| BSE Code | 533033 |
| NSE Code | SARASWATI |
| ICICI Code | |
| Established | |
| My Take | So-So |
| Headquarters | Yamuna Nagar (Haryana), Noida |
| Promoters | |
| Story | This company manufactures boilers and sugar machinery. Order book is from domestic front and from China, South east asia, Central America, etc. This company also has machine building division, process equipment, steel castings, etc. |
| Sector | Sugar |
| Sub-sector | Sugar machinery manufacturing and sugar subsidiary |
| Website | http://www.isgec.com/index.html |
| Positives | This is a cyclical industry and orders go good when the economy is good. Has been positive NPMs (though 2-3% only). |
| Negatives | I feel it is difficult to manage all these diverse manufacturing – so, need to drill more into the working of order management and managing slowdowns. Has been listed for 3-4 years, so cannot comment on dividend or how interested the promoters are. |
| Peers | |
| News | |
| Price @ blogged | 870 (07-Jul-11) |
| Cost of company | 643.8 Cr market cap for a 82.03 Cr NP in FY ending Sep ' 10 makes it 7.85 times. This is for a company with 179.42 Cr debt and 407.7 Cr reserves |
| Group | |
| Growth |
Jul 17, 2011
Saraswati Industrial Syndicate Ltd - 533033
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