The 5-year analysis of Sainik Finance & Industries Ltd's performance infers:
We analysed the performance of Sainik Finance & Industries Ltd share prices over the last 10 years. Here is what we found out:
Sainik Finance & Industries was incorporated in the year 1991. The registered office of the company is located at Punjabi Bagh, New Delhi.
The company operates a 200-tonne-per-day mini cement plant based on the vertical shaft kiln (VSK) technology in the Rewari district of Haryana.
Business area of the company:-
The company operates through its two divisions of Portland cement and finance.
The finance division has created a niche for itself in financing
The finance division has created a niche for itself in financing loaders, tippers, and other heavy earth-moving equipment in various states across India. It provides loan syndication facilities besides direct funding to maintain its lead and has an excellent track record in collections and recovery. The company in the financial year 2007 received a certificate of registration from the Department of Non Banking Supervision, Reserve Bank of India, New Delhi
Further, the company has sold 35010.350 MT of Portland cement during the year 2009. However due to the stiff competition in the market, the sales realization per bag remained low during the year 2009.