Sanathnagar Enterprises Ltd

Sanathnagar Enterprises Ltd (BAKELHYLAM)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-17.64 %
3 Month Return-7.44 %
1 Year Return-47.08 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 75
Rank 75
Rank 76
Dividend Yield
Rank 16
Rank 33
Price To Book Ratio
Rank 49
Debt To Asset
Rank 1

Company Information

Bakelite Hylam 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.After introducing industrial laminates the company started manufacturing decorative laminates simultaneously putting up capacities for plain and copperclad 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 copromoted 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.
OrganisationSanathnagar Enterprises Ltd