Sanathnagar Enterprises Ltd
BBSE:SEL34.28
INR
-1.70
(-4.72%)
ISIN
INE367E01033
Return %
Stock
S&P 500
1Y
-27.37
14.20
3Y
85.40
81.12
5Y
-3.44
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Vikas Jain
- Full Time Employees
- 54
- Sector
- Finance
- Industry
- Real estate development
- Address
- One Lodha Place Mumbai MA India 400013
- IPO Date
- Jan 1, 1990
- Website
- sanathnagar.in
- Similar Companies
- Business
- Sanathnagar Enterprises Limited, incorporated in 1947 and headquartered in Mumbai, India, operates primarily in the real estate development sector. The company was formerly known as Bakelite Hylam Limited and today is a subsidiary of Macrotech Developers Limited, itself part of the larger Sambhavnath Infrabuild and Farms Private Limited group. Sanathnagar Enterprises focuses on real estate development projects targeting middle and upper-middle income segments, with notable projects such as those in Hyderabad, designed by reputed architectural firms. Historically, the company evolved from industrial and decorative laminates manufacturing, including products such as industrial laminates, glass epoxy, resins, phenolic foam, electrical insulating varnishes, surface textures, and particle boards, but its current operations are concentrated on real estate development. In terms of recent significant changes, Sanathnagar Enterprises has transitioned fully into the real estate sector after demerging its foams, resins, and particle board businesses around 2008-2009. Since then, it has been involved chiefly in property development activities on its land assets, with the Sanathnagar project in Hyderabad being one of its key ventures, which has been fully sold out. The company reported a net loss for the fiscal year ended March 2025, with no new construction projects currently underway or planned in the near future, indicating a pause in expansion activities. Despite challenges in profitability, the company continues to focus on leveraging its real estate assets and development opportunities in India. Sanathnagar Enterprises' core business now revolves around real estate development in India, serving residential market segments, with a focus on quality and strategic location development. The company is listed on the BSE Limited and remains active in corporate governance with regular board meetings and annual general meetings. Its historical product offerings spanned laminates, resins, and related chemical manufacturing until a strategic shift led to a full business focus on real estate development under the leadership and ownership of Macrotech Developers Limited since 2010. Overall, Sanathnagar Enterprises Limited is positioned as a real estate developer with deep historical industrial roots that have since been fully divested, currently operating under the Lodha group umbrella with a concentrated geographic focus in India, primarily Hyderabad, and targeting middle to upper-middle income residential markets. Recent years have seen strategic demergers, business realignments, and financial challenges, with the company stabilizing its operations around its core development projects and land asset utilization.