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May 9, 2011

Skyline Millars Ltd - 505650

Name of CompanySkyline Millars Ltd.
BSE Code
505650
NSE CodeSKYLMILAR
ICICI Code
Established
My TakeSo-So
HeadquartersMumbai
PromotersAshok J Patel is the Chairman
StoryWas a sick company, as ordered by BIFR,  from 2001 to 2006. In 2007, the name of the company was changed from Millars India ltd to Skyline Millars Ltd.
SectorEngineering
Sub-sectorHeavy engineering equipment – construction equipment, EOT cranes.
Website http://www.skylinemillarsltd.com/
Positives13 to 27% NPMs in the last 5 years, from FY06 to FY10.
Negatives Revenue has been around constant from FY07 to FY10 (4 years).
Peers
News
Price @ blogged6 (04-May-11)
Cost of company24.12 Cr market cap for a 3.21 Cr NP in FY ending Mar ' 11 makes it 7.51 times. This is for a company with 0 Cr debt and 30.65 Cr reserves
Group
GrowthAlmost constant revenues, 

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