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1D
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5Y
Max
Open33.8
High33.8
Low33.8
Prev. Close33.7
Avg. Traded Price33.8
Volume2,000

MARKET DEPTH

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Total ask0.00
OrdersQtyBid
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AskQtyOrders
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HIGH/LOW

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1d
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52w

LOW/HIGH

33.803 hours ago
33.803 hours ago
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LOWER/UPPER CIRCUITS

26.96
40.44
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Sai Swami Metals And Alloys Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 59.99%, in the last year to ₹65.17 Cr. Its sector's average revenue growth for the last fiscal year was 3.13%.
noteAnnual Net Profit,rose 71.68% in the last year to ₹3.71 Cr. Its sector's average net profit growth for the last fiscal year was 19.82%.
notePrice to Earning Ratio,is 11.37, lower than its sector PE ratio of 28.99.
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Sai Swami Metals and Alloys Limited was originally incorporated as Private Limited, under the Companies Act, 2013 (Companies Act) in the name and style of ‘Sai Swami Metals and Alloys Private Limited’ on September 23, 2022 under the provisions of the Companies Act, 2013 vide Certificate of Incorporation issued by the Registrar of Companies, Ahmedabad, Gujarat with object to acquire and takeover the running business of sole proprietorship as going concern carried by the promoter in the name and style as ‘Steel Kraft Industries’. Later on, company was converted into public limited company, the name of the Company has changed to ‘Sai Swami Metals and Alloys Limited’ and for the same fresh Certificate of Incorporation dated August 10th, 2023, issued by the Registrar of Companies, Ahmedabad, Gujarat.The company is actively involved in the trading and marketing of a comprehensive array of stainless steel (S.S.) products, addressing the diverse needs of its discerning customers. Its product line is specifically designed to encompass a wide range of kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils. It is also engaged in trading of basic raw material like S.S. Patta, S.S. Sheet, S.S. Coil, S.S. Scrap, S.S. Pipe, M.S. Round (Mild Steel Round) and M.S. beam and so on for its various customers. These products showcase the Company’s commitment to providing high-quality stainless steel kitchenware that spans a wide spectrum of categories. With a focus on innovation and quality, its offerings are crafted to meet the unique preferences and requirements of its diverse customer base.The company and its two subsidiaries i.e. Bhagat Marketing and Dhruvish Metals LLP are specializes in the trading and marketing of stainless steel kitchenware products through the distinguished brand ‘DOLPHIN.’ Employing an outsourcing model, the business collaborates with Dhruvish Metals LLP, a subsidiary company of Sai Swami Metals and Alloys, to source complete kitchenware products. Dhruvish Metals manufactures all kitchenware products, including comprehensive packaging, which is then sent to Sai Swami for further sales and distribution. This end-to-end approach underscores the commitment to delivering high-quality products to customers, emphasizing a streamlined and quality-centric production process through the strategic integration of subsidiary company. The synergy between Sai Swami and Dhruvish Metals ensures efficiency and excellence, strengthening the brand's market positioning.Business area of the companyThe company is actively involved in the trading and marketing of a comprehensive array of stainless steel (S.S.) products, addressing the diverse needs of its discerning customers. Its product line is specifically designed to encompass a wide range of kitchenware, including Dinner Sets, S.S. Casseroles, S.S. Multi Kadai, S.S. Water Bottles, Stainless Steel Sheets, Stainless Steel Circles, and various types of utensils.Products of the companyMajor productsStain steel coilStain steel sheetStain steel scrapMolly metal scrapStain steel patta pattiStain steel pipeNickle metal scrapM.S. roundM.S. beamOther productsDinner setsTriply stainless steel utensils cookwareMasala dabbaStainless steel water bottlesHistory and milestones2022: Incorporation of the company viz. ‘Sai Swami Metals and Alloys Private Limited’.2022: Acquisition of business of ‘Steel Kraft Industries’ a proprietorship firm of its Promoter of the Company through the business purchase agreement dated February 28, 2023.2023: Conversion of the company’s status from Private Limited to Limited Company.2023: Purchase 100% shares of Bhagat Marketing and make its Wholly Owned Subsidiary Company.
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