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Sai Service Station Limited
Sector:Others Others - Miscella - Others
BSE:26681NSE:SAISERVICEBloomberg:SAISS@INReuters:SAI.BO
Market Lot: 1Face Value: 10ISIN Demat: INE622A01013
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20-Feb-2008
Business Profile
Sai Service Station (SAISERVQ) is a multi-product, multi-locational automobile sales, service, and spares dealer. It was incorporated as a private limited company on Aug. 09, 1985 and converted into a public limited company on Sep. 08, 1994.

The ISO 9002 certified company has service stations with modern computerized equipment located in Mumbai, Pune, Kolhapur, Goa and Cochin catering to two, three and four-wheelers. It has diversified into related activities like used cars, has true-value outlets in Mumbai and Pune, and conducts tourist operations using buses made by its AutoRola division and Rent-A-Car business.

With dealerships of Maruti Udyog, Bajaj Auto and Mahindra & Mahindra Jeeps, the sale of 4 wheelers witnessed a growth of 14.34% and 2 wheelers, a growth of 4.58% in FY07 over the previous year. Dealerships, service stations and satellite workshops located in high-growth areas have increased sales volume to 13,000 vehicles per year with a total customer base of over 158,140 customers. Sai Service Spares & Accessories is a subsidiary of the company.

The registered office is located at Mumbai-Pune Road, Phugewadi, Pune-411012, Maharashtra.


Financials
Sai Service Station registered a 23.24% growth in net profit to Rs 47.36 million for the quarter ended December 2007 from a profit of Rs 38.43 million for the quarter ended December 2006.
Net sales rose 14.23% to Rs 2,746.22 million for the quarter ended December 2007 from Rs 2,404.04 million for the quarter ended December 2006.
Total income rose 14.31% to Rs 2,749.86 million for the quarter ended December 2007 from Rs 2,405.59 million for the quarter ended December 2006.
The earnings per share (EPS) of the company stood at Rs 11.63 for the quarter ended December 2007.

In Brief

 
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