Sacheta Metals Ltd - 531869

Name of Company	Sacheta Metals Ltd.
BSE Code	531869
NSE Code	SACHEMT
ICICI Code
Established
My Take	So-So
Headquarters	Talod, Gujarat & Mumbai
Promoters	CMD is Satish K Shah
Story
Sector	Aluminium
Sub-sector	Aluminuim and Steel Kitchenware
Website	http://www.sacheta.com/
Positives	Regular dividend payer from 2007 – yield at current prices is 1.2%. 53% promoter holding, but holding has been volatile recently.
Negatives	Very low NPM’s at 0.5-2%.
Peers
News
Price @ blogged	21.6 (04-May-11)
Cost of company	17.06 Cr market cap for a 0.86 Cr NP in FY ending Mar ' 10 makes it 19.84 times. This is for a company with 6.75 Cr debt and 1.15 Cr reserves. 20 times seems high for such a small name.
Group	Dull
Growth	Revenue has grown from 23.22 to 44.86 in 5 years from FY06 to FY10. Net profit as well has grown from 22 lakhs to 86 lakhs.