Sachetha Metals is a small company manufacturing Kitchen utensils,Non stick cookware,Kadai..etc.
For the full year ended March 2011,Company posted a turnover of Rs.52 Cr v/s Rs.45 Cr and a net profit of Rs.92 Lac v/s Rs.62 lacs. At present most of the company's products are low margin items but there is enough scope for expansion into related products with higher margin.Now company is planning to start a manufacturing facility for Aluminium sheets and coils.This backward integration will help the company to save margins to an extent.For the last few months ,promoters are actively purchasing shares from open market .Risk takers may BUY it at CMP around Rs.22/-
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