Sakthi Finance Ltd

Sakthi Finance Ltd (SAKTHIFIN)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-13.06 %
3 Month Return3.66 %
1 Year Return42.09 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 241
Rank 254
Rank 182
Dividend Yield
Rank 73
Rank 160
Price To Book Ratio
Debt To Asset
Rank 26

Company Information

Promoted by N Mahalingam in 1955 as The Pollachi Credit Society Pvt Ltd the name was changed to Sakthi Finance SFL in 1967. N Mahalingam is the chairman and M Balasubramaniam is the managing director.SFL is in the business of mobilising deposits hirepurchase financing and leasing of vehicles machinery mortgage financing renting out safe deposit lockers etc. In Apr.93 it came out with a rights issue of 32.1 lac equity shares premium : Rs 20 aggregating Rs 9.63 cr. The issue was to partly meet the Rs 66 cr required for deployment in hirepurchase and leasing.SFL has drawn out plans to increase deployment further. It will lay more emphasis on truck finance as demand for commercial vehicles is showing an upward trend.SFL is a categoryI merchant banker and has received a licence from SEBI in 1994. Hirepurchase is the companys principal line of business.The total deposits with the company as on 31.03.2001 stood at Rs.115.38 crores as against Rs.126..34 crores in the previous year.
OrganisationSakthi Finance Ltd