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1D
1W
1M
1Y
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5Y
Max
Open553.9
High553.95
Low538
Prev. Close543.05
Avg. Traded Price544.15
Volume53,468

MARKET DEPTH

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Total bid0.00
Total ask200.00
OrdersQtyBid
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AskQtyOrders
543.051200
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HIGH/LOW

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1d
1w
1m
3m
52w

LOW/HIGH

538.0013 hours ago
553.9518 hours ago
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LOWER/UPPER CIRCUITS

492.25
601.55
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Sanathan Textiles Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 1.22%, in the last year to ₹3,016.1 Cr. Its sector's average revenue growth for the last fiscal year was -2.39%.
noteAnnual Net Profit,rose 19.87% in the last year to ₹160.45 Cr. Its sector's average net profit growth for the last fiscal year was -24.1%.
notePrice to Earning Ratio,is 28.77, lower than its sector PE ratio of 65.87.
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Sanathan Textiles Limited was originally incorporated as ‘Sanathan Textiles Private Limited’, at Kolkata, West Bengal as a private limited company under the Companies Act, 1956 and received a certificate of incorporation issued by the Registrar of Companies, West Bengal at Kolkata on October 10, 2005. Thereafter, the company was converted into a public limited company pursuant to a special resolution passed by the Shareholders of the company on November 12, 2021, and the name of the company was changed to its present name ‘Sanathan Textiles Limited’, pursuant to a fresh certificate of incorporation issued by the RoC on November 18, 2021.The company is one of the few companies (amongst its peer group) in India with presence across the polyester, cotton and technical textile (which find application in multiple end-use segments including automotive, healthcare, construction, sports and outdoor, and protective clothing) sectors and based on its operating income. This has facilitated its diversification into new segments which in turn has helped it in serving a large number of customers across various sectors. It also has a high share of value-added products such as dope dyed, superfine / micro, functional, industrial and technical yarn, cationic dyeable and specialty yarn which are produced after extensive in-house research. These value-added products are tailor-made to customer requirements and have properties and characteristics which are distinctive from its other products.Its business is divided into three separate yarn business verticals, consisting of: (a) Polyester yarn products; (b) Cotton yarn products; and (c) Yarns for technical textiles and industrial uses. It manufactures products across all verticals, polyester yarn products continue to be its largest item of production. It manufactures polyester chips using purified terephthalic acid (PTA) and mono ethylene glycol (MEG) and convert the chips into polyester yarn through various intermediate processing to impart specific properties to the yarn.Business area of the companyThe company is engaged in the manufacture of polyester, texturized and cotton yarn (POY - Partially Oriented Yarn, FDY - Fully Drawn Yarn, DTY - Draw Textured Yarn, ATY - Air Textured Yarn, twisted yarn and polyester chips).Products of the companyPolyesterCotton yarnTechnical textilesAwards and accreditations2011: Received Certificate of Merit issued by the Synthetic Rayon Textiles Export Promotion Council for achieving 100% growth in Export Performance during the year 2010-2011.2023: Received the Registration cum Membership Certificate issued by Synthetic Rayon Textiles Promotion Council.2023: Received the Certificate of Recognition as a Three Star Export House by the Ministry of Commerce and Industry.2023: Received the Registration cum Membership Certificate issued by the Federation of Indian Export Organisations.2024: Received the authorization to use the STANDARD 100 by, OEKO - TEX mark.History and milestones2006: Company took over the business of manufacturing polyester yarn from Sanathan Texturisers with capacity of 4,500 MTPA.2007: The Company commenced cotton yarn manufacturing at its facility located at Silvassa with a capacity of 1,500 MTPA.2008: Achieved installed manufacturing capacity of polyester yarn at 13,550 MTPA, tripled from 4,500 MTPA in the year 2004 by gradual expansion.2011: Undertook expansion for doubling the manufacturing capacities of cotton yarn from 1,500 MTPA to 3,500 MTPA.2013: Setting up of a fully integrated plant for polyester yarn and achieved the installed manufacturing capacity of 46,500 MTPA tripled from 13,550 MTPA in the year 2008 by gradual expansion.2014: Undertook expansion for almost doubling the manufacturing capacity of polyester yarn from 46,500 MTPA to 92,950 MTPA.2015: Undertook expansion for increasing the manufacturing capacities of cotton yarn from 3,500 MTPA to 6,200 MTPA.2017: Undertook an expansion of value-added product basket and installation of upgraded machinery for polyester and cotton yarn of partially oriented yarn and fully oriented yarn.2018: Setting-up of plant for manufacturing of yarns for industrial and technical textile with a capacity of 5,475 MTPA.2019: Installed manufacturing capacity of polyester yarn reached capacity of 200,750 MTPA, almost doubled from 92,950 MTPA in the year 2014 by gradual expansion.2020: More than doubled the capacity of cotton yarn manufacturing from 6,200 MTPA in the year 2019 to 14,000 MTPA.2021: IDY capacity expansion up to 9000 MTPA.2024: Subsidiary commences production of Double Twisted Cotton Yarn at Silvassa Unit 3 with production capacity of 540 MTPA.
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