SANATHAN
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Revenue Mix
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Recent events
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News
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Corporate Actions
India's Quality Power, DAM Capital fall as lock-in periods expire
** India's Quality Power Electrical Equipment QUAY.NS and DAM Capital Advisors DAMC.NS slide as much as 6.7% and 4.2%, respectively
** Lock-in period on 6% outstanding QUAY and DAMC shares expire, as per Nuvama
** QUAY down 23% vs 425 rupees IPO price (lists on Feb 24); DAMS down 22% vs 283 rupees after IPO price (lists on Dec 27)
** DAM Capital gets SEBI administrative warning on certain broking operations matters
** Lock-ins on 6 others expire, including Sanathan Textiles SNAT.NS, Northern ARC Capital NORR.NS, Samhi Hotels SAMH.NS
** SNAT down 3.2%, while NORR flat; other stocks up
** 72 lock-ins to expire from March 17 to May 30 but not all shares will be for sale as promoters hold sizeable stakes, Nuvama says
(Reporting by Vivek Kumar M)
(([email protected];))
** India's Quality Power Electrical Equipment QUAY.NS and DAM Capital Advisors DAMC.NS slide as much as 6.7% and 4.2%, respectively
** Lock-in period on 6% outstanding QUAY and DAMC shares expire, as per Nuvama
** QUAY down 23% vs 425 rupees IPO price (lists on Feb 24); DAMS down 22% vs 283 rupees after IPO price (lists on Dec 27)
** DAM Capital gets SEBI administrative warning on certain broking operations matters
** Lock-ins on 6 others expire, including Sanathan Textiles SNAT.NS, Northern ARC Capital NORR.NS, Samhi Hotels SAMH.NS
** SNAT down 3.2%, while NORR flat; other stocks up
** 72 lock-ins to expire from March 17 to May 30 but not all shares will be for sale as promoters hold sizeable stakes, Nuvama says
(Reporting by Vivek Kumar M)
(([email protected];))
Sanathan Textiles Sept-Quarter Consol Net Profit 325.6 Mln Rupees
Jan 17 (Reuters) - Sanathan Textiles Ltd SNAT.NS:
SEPT-QUARTER CONSOL NET PROFIT 325.6 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.42 BILLION RUPEES
Source text: ID:nNSE120XrX
Further company coverage: SNAT.NS
(([email protected];;))
Jan 17 (Reuters) - Sanathan Textiles Ltd SNAT.NS:
SEPT-QUARTER CONSOL NET PROFIT 325.6 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 7.42 BILLION RUPEES
Source text: ID:nNSE120XrX
Further company coverage: SNAT.NS
(([email protected];;))
India's Sanathan Textiles surges 32% in debut trade
** Sanathan Textiles SNAT.NS soars as much as 31.8% to 423 rupees on its first day of trading
** The technical textiles firm's stock opened at 422.3 rupees, about 32% higher than its IPO price of 321 rupees
** Stock has not fallen below IPO price and was last up ~22%
** Sanathan sold shares worth 4 bln rupees, while investors sold the rest in the 5.5 bln rupees ($64.3 mln) IPO
** IPO was oversubscribed by 35.12 times
** Co to use proceeds to re-pay debt and for investments
($1 = 85.5300 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Sanathan Textiles SNAT.NS soars as much as 31.8% to 423 rupees on its first day of trading
** The technical textiles firm's stock opened at 422.3 rupees, about 32% higher than its IPO price of 321 rupees
** Stock has not fallen below IPO price and was last up ~22%
** Sanathan sold shares worth 4 bln rupees, while investors sold the rest in the 5.5 bln rupees ($64.3 mln) IPO
** IPO was oversubscribed by 35.12 times
** Co to use proceeds to re-pay debt and for investments
($1 = 85.5300 Indian rupees)
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
Events:
Lockin Period Expiry (Non-Promoter)
Lockin Period Expiry (Anchor)
Lockin Period Expiry (Anchor)
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Popular questions
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What does Sanathan Textiles do?
Sanathan Textiles is engaged in the business of manufacturing textile yarn, which is divided into three separate business verticals, consisting of: (a) Polyester yarn products; (b) Cotton yarn products; and (c) Yarns for technical textiles and industrial uses.
Who are the competitors of Sanathan Textiles?
Sanathan Textiles major competitors are K.P.R. Mill, Vardhman Textiles, Indo Count Inds, Filatex India, Garware Tech. Fibres. Market Cap of Sanathan Textiles is ₹3,466 Crs. While the median market cap of its peers are ₹6,534 Crs.
Is Sanathan Textiles financially stable compared to its competitors?
Sanathan Textiles seems to be less financially stable compared to its competitors. Altman Z score of Sanathan Textiles is 3.0 and is ranked 6 out of its 6 competitors.
Does Sanathan Textiles pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Sanathan Textiles latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Sanathan Textiles allocated its funds?
Companies resources are allocated to majorly unproductive assets like Capital Work in Progress
How strong is Sanathan Textiles balance sheet?
Balance sheet of Sanathan Textiles is strong. But short term working capital might become an issue for this company.
Is the profitablity of Sanathan Textiles improving?
The profit is oscillating. The profit of Sanathan Textiles is ₹99.43 Crs for TTM, ₹160 Crs for Mar 2025 and ₹134 Crs for Mar 2024.
Is the debt of Sanathan Textiles increasing or decreasing?
Yes, The net debt of Sanathan Textiles is increasing. Latest net debt of Sanathan Textiles is ₹1,279 Crs as of Sep-25. This is greater than Mar-25 when it was ₹807 Crs.
Is Sanathan Textiles stock expensive?
Sanathan Textiles is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Sanathan Textiles is 34.86, while 3 year average PE is 26.1. Also latest EV/EBITDA of Sanathan Textiles is 18.42 while 3yr average is 20.22.
Has the share price of Sanathan Textiles grown faster than its competition?
Sanathan Textiles has given better returns compared to its competitors. Sanathan Textiles has grown at ~29.11% over the last 1yrs while peers have grown at a median rate of 4.5%
Is the promoter bullish about Sanathan Textiles?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Sanathan Textiles is 78.58% and last quarter promoter holding is 78.58%.
Are mutual funds buying/selling Sanathan Textiles?
The mutual fund holding of Sanathan Textiles is increasing. The current mutual fund holding in Sanathan Textiles is 11.57% while previous quarter holding is 11.24%.
