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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Valuation
Financials (FY2024)
Investment Thesis
Sangrahalaya Timber and Crafts Limited (Bloomberg: STIMC:IN) is a listed 1985-era sawmill and timber processing company based in Dimapur, Nagaland. Despite a large paid-up capital base of ₹20.01 Cr, FY2024 revenue was only ₹1.71 Cr with net worth of ₹12.52 Cr, indicating severely underutilised capacity and near-dormant operations. Forest-based raw material regulations in North-East India constrain scale-up prospects for this micro-cap wood products company.
Pros
Cons
Business Segments
Sawmilling and planing of wood — manufacture of wood and wood products (NIC 2010), Dimapur, Nagaland
Revenue Model
Originally derived from timber products trading and handicrafts. Post-pivot, the company appears to generate minimal income from financial services or investment activities typical of a shell or near-dormant NBFC entity.
Detailed Analysis
Growth Plans
Potential business revival or reverse merger if promoters bring in a new line of business.
Northeast India infrastructure push could theoretically revive timber or construction material demand.
Industry Tailwinds
Potential business revival or reverse merger if promoters bring in a new line of business.
Northeast India infrastructure push could theoretically revive timber or construction material demand.
Recent Developments
Comparable Companies
Similar listed micro-cap entities pivoting business models
Frequently Asked Questions
About Sangrahalaya Timber and Crafts Limited
Sangrahalaya Timber and Crafts Limited is a BSE-listed micro-cap company originally incorporated in Nagaland for timber products and crafts trading. Over the years, the company pivoted away from timber operations as regulatory changes tightened logging activities in northeast India. The company has shifted towards financial services and NBFC activities. Current operations are minimal and the balance sheet is small.
Key Milestones
1985 — Incorporated as Sangrahalaya Timber and Crafts Limited, ROC Shillong, Dimapur, Nagaland
Registered address currently at B-2, Nymolotha Road, Dimapur
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You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
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Industry Headwinds
Continued operational dormancy with no clear path to revenue generation.
Possible de-listing or regulatory non-compliance risk given very small scale.
Key Strengths
Listed entity with compliance infrastructure
BSE listing provides capital raising platform
Low-cost northeast India base
Key Weaknesses
No meaningful competitive position in financial services
Tiny scale with negligible market presence
Business model transition incomplete
Company appears to have effectively ceased its original timber business with no clear replacement revenue stream, raising concerns about business continuity.
Source: Company Financial Filings
Market cap of ~₹3 Cr with minimal trading volumes creates extreme illiquidity; investors may find it very difficult to exit positions.
Source: Company Financial Filings
Operating as an NBFC requires RBI registration and compliance; non-compliance or lapsed registration could result in regulatory action.
Source: Media Reports / Public Records
No meaningful competitive position in financial services
Source: AlphaHub Research
Tiny scale with negligible market presence
Source: AlphaHub Research
Business model transition incomplete
Source: AlphaHub Research
Company appears to have effectively ceased its original timber business with no clear replacement revenue stream, raising concerns about business continuity.
Market cap of ~₹3 Cr with minimal trading volumes creates extreme illiquidity; investors may find it very difficult to exit positions.
Operating as an NBFC requires RBI registration and compliance; non-compliance or lapsed registration could result in regulatory action.