Infrastructure
Nile's Glass Lining and pressure vessel division is located at Nacharam Industrial estate, Hyderabad, with a covered area of 8700 sq.m. The totally integrated fabrication, machining and glass lining facilities ensure timely delivery of quality products- .Nile has two non-ferrous plants, located at Choutuppal, near Hyderabad and Tirupathi. The combined capacity of these two plants is 32000 tons per annum.
- Nile's 2 MW Wind Farm is located at Ramagiri, Ananthapur district.
STORY:The entire business encompassing the Glass Lined Equipment and Pressure Vessels Division (Business)along withallfixedassets,ovableassets,otherassets,intellectualproperty includingthetrademarks,liabilitiesincludingcontracts,licences, permits, consents and approvals, whatsoever, relating tothe Business, as a “going concern” on a slump sale basis, to DeDietrich Process Systems India Private Limited for a considerationof ` 58.50 Crores
Major turnover& profit comes from lead business last year it has posted 300cr turnover and 7cr profit on 3 cr equity
for last six months posted 176cr turnover vs 129 cr last year and posted profit of 5.45 cr vs loss of 4 cr last year second half profit is at 11cr if they post same profit also total cpmes to 16.5 cr (55 eps) expecting 65 eps full year.when company sold glass line div for 58.5 cr total market cap of the company now at 50 cr .
why no one is buying ?
people have simple and silly answers ....one its in a commodity business ..two ....differences between management team.
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