SEL Manufacturing Company Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2016 • Textiles: 100.0%
AI Sector View
AI GENERATEDTextiles
This sector relies on indirect export proxies rather than direct textile production data. Exports of goods rose 15.0% YoY (2026-06), the currency is weak at 95.23 (Sep/26), and export prices are 163.50, all of which can help exporters, though terms of trade at 102.30 are below the prior 114 in the snapshot context. FPI flows are modestly positive at INR 256 crore over 3 months to 2026-08-31, so the stance is mildly constructive but confidence is capped due to proxy reliance.
PROS
- Company is almost debt free
- Operating margins have improved to -14.7% from -73.2%
- Working capital cycle has improved - days down from -56 to -257
- Company generates healthy free cash flow
CONS
- Company is loss-making at the operating / net level
- Net worth is negative - accumulated losses have eroded equity
- Company has a low return on equity of -182.5% over last 3 years
- Company has a low return on capital employed of -11.1%
- Interest coverage is weak at -2.2x - earnings barely cover interest
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.23x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILL | 1176.80 | 44.09 | 40224.67 | 0.42 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| PAGEIND | 35912.65 | 53.00 | 40056.52 | 1.53 | 192.81 | -3.98 | 1420.45 | 7.89 | 73.60 | 20.35 |
| WELSPUNLIV | 200.65 | 68.28 | 18956.46 | 0.05 | 162.61 | 82.09 | 2795.45 | 23.66 | 6.41 | 11.53 |
| VTL | 588.30 | 20.09 | 17035.80 | 0.85 | 314.56 | 51.46 | 2703.08 | 13.31 | 8.91 | 18.11 |
| ARVIND | 566.60 | 37.22 | 15413.82 | 0.79 | 57.77 | 5.61 | 2500.96 | 24.65 | 15.30 | 9.64 |
| MANYAVAR | 569.45 | 34.34 | 13836.40 | 1.36 | 66.90 | 37.31 | 267.95 | 22.74 | 33.92 | 45.53 |
| PGIL | 2328.85 | 34.66 | 10757.08 | 0.62 | 99.23 | 51.37 | 1528.26 | 24.46 | 22.42 | 10.72 |
| SWANCORP | 284.70 | 39.91 | 8924.12 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| ICIL | 437.65 | 57.45 | 8667.85 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| GARFIBRES | 800.40 | 37.21 | 7815.77 | 1.12 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| KUSUMGAR | 581.05 | 62.12 | 6100.52 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| SELMC | 28.00 | 0.00 | 92.78 | 0.00 | -41.53 | 33.06 | 28.01 | -87.73 | -7.46 | 11.39 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 116 | 118 | 66 | 143 | 228 | 238 | 96 | 12 | 28 | |
| 112 | 138 | 82 | 154 | 252 | 262 | 117 | 18 | 32 | |
| Operating Profit | 3 | -20 | -17 | -11 | -23 | -24 | -21 | -6 | -4 |
| OPM % | 3.00% | -17.06% | -25.50% | -7.69% | -10.27% | -10.08% | -22.03% | -51.91% | -13.53% |
| 6 | 7 | 24 | 2 | -2 | 1 | -2 | 17 | 1 | |
| Interest | 8 | 11 | 10 | 11 | 12 | 15 | 15 | 15 | 15 |
| Depreciation | 25 | 27 | 25 | 25 | 25 | 24 | 24 | 24 | 23 |
| Profit before Tax | -24 | -51 | -28 | -45 | -62 | -62 | -62 | -28 | -42 |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Net Profit | 0 | -51 | -28 | -45 | -62 | -62 | -62 | -28 | -42 |
| -7.30 | -15.35 | -8.40 | -13.64 | -18.72 | -18.69 | -18.58 | -8.43 | -12.53 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,863 | 2,465 | 2,084 | 1,263 | 607 | 353 | 190 | 420 | 554 | 374 | 374 | |
| 2,536 | 2,204 | 2,744 | 1,560 | 669 | 429 | 332 | 426 | 626 | 429 | 429 | |
| Operating Profit | 328 | 261 | -660 | -298 | -62 | -76 | -142 | -6 | -71 | -55 | -55 |
| OPM % | 11.45% | 10.59% | -31.64% | -23.58% | -10.25% | -21.62% | -74.46% | -1.42% | -12.85% | -14.73% | -14.73% |
| 154 | 138 | 99 | -1,556 | -157 | -363 | 2,758 | 10 | 30 | 17 | 17 | |
| Interest | 342 | 496 | 147 | 11 | 7 | 3 | 2 | 30 | 43 | 60 | 60 |
| Depreciation | 367 | 374 | 158 | 149 | 146 | 145 | 107 | 106 | 102 | 95 | 95 |
| Profit before Tax | -227 | -471 | -865 | -2,013 | -372 | -587 | 2,507 | -131 | -186 | -193 | -193 |
| Tax % | 34.24% | 21.40% | 33.78% | -25.54% | 0.00% | -0.00% | 0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Net Profit | -149 | -370 | -573 | -2,528 | -372 | -587 | 2,507 | -131 | -186 | -193 | -193 |
| EPS | 0.00 | 0.00 | -17.29 | -76.28 | -11.24 | -17.73 | 756.69 | -39.65 | -56.11 | -58.23 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -20%
- 5 Years:
- -9%
- 3 Years:
- 25%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 83%
- 3 Years:
- -40%
- 1 Year:
- -9%
RETURN ON EQUITY
- 10 Years:
- -76%
- 5 Years:
- -110%
- 3 Years:
- -183%
- Last Year:
- -419%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 331 | 331 | 331 | 331 | 331 | 331 | 33 | 33 | 33 | 33 | |
| 691 | 315 | -212 | -2,718 | -3,094 | -3,692 | 383 | 231 | 115 | -90 | |
| 5,053 | 5,349 | 4,869 | 4,477 | 3,966 | 3,370 | 959 | 995 | 895 | 819 | |
| Trade Payables | 266 | 226 | 193 | 113 | 120 | 120 | 13 | 24 | 84 | 95 |
| 622 | 667 | 798 | 1,531 | 2,006 | 2,639 | 105 | 102 | 97 | 197 | |
| Total Liabilities | 6,964 | 6,887 | 5,979 | 3,734 | 3,330 | 2,768 | 1,492 | 1,385 | 1,225 | 1,055 |
| 2,925 | 2,573 | 2,487 | 2,309 | 2,155 | 2,010 | 1,281 | 1,174 | 1,073 | 977 | |
| Capital Work in Progress | 574 | 595 | 553 | 559 | 559 | 432 | 42 | 42 | 42 | 42 |
| 43 | 42 | 42 | 43 | 43 | 42 | 2 | 1 | 1 | 1 | |
| 1,447 | 1,711 | 1,031 | 114 | 73 | 42 | 23 | 36 | 53 | 17 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Cash & Bank | 98 | 53 | 15 | 5 | 6 | 3 | 12 | 7 | 3 | 3 |
| 1,878 | 1,913 | 1,851 | 704 | 495 | 239 | 132 | 124 | 53 | 13 | |
| Total Assets | 6,964 | 6,887 | 5,979 | 3,734 | 3,330 | 2,768 | 1,492 | 1,385 | 1,225 | 1,055 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -490 | 240 | 517 | 450 | 526 | 600 | -1,226 | 35 | 44 | 37 | |
| Cash from Investing | -63 | -19 | -12 | 62 | -9 | 6 | 992 | 3 | 16 | 15 |
| Cash from Financing | 633 | -264 | -547 | -456 | -515 | -609 | 238 | -43 | -60 | -52 |
| 77 | -44 | -41 | -8 | 1 | -3 | 4 | -4 | 0 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | ||||||||||
| EPS (₹) | -4.51 | -11.17 | -17.28 | -76.28 | -11.24 | -17.73 | 756.69 | -39.64 | -56.11 | -58.23 |
| Book Value (₹) | 30.85 | 19.50 | 3.60 | -72.03 | -83.37 | -101.41 | 125.65 | 79.60 | 44.83 | -17.02 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 6.55 | 0.12 | -12.52 | -71.78 | -6.83 | -13.35 | 789.00 | -7.76 | -25.45 | -29.51 |
| PROFITABILITY | ||||||||||
| Operating Margin % | 16.81% | 16.53% | -26.89% | -19.24% | 4.87% | 6.47% | -73.24% | 0.14% | -9.27% | -14.73% |
| Net Margin % | -5.21% | -15.01% | -27.49% | -200.21% | -61.39% | -166.57% | 1316.86% | -31.27% | -33.54% | -51.55% |
| ROE % | -13.44% | -44.36% | -149.70% | 0.00% | 0.00% | 0.00% | 0.00% | -38.63% | -90.18% | -418.82% |
| ROCE % | 1.83% | 0.39% | -11.72% | -44.12% | -11.78% | -22.54% | 137.10% | -7.67% | -12.10% | -13.58% |
| -2.21% | -5.34% | -8.90% | -52.05% | -10.54% | -19.26% | 117.68% | -9.13% | -14.25% | -16.93% | |
| EFFICIENCY | ||||||||||
| Debtor Days | 136 | 163 | 201 | 197 | 81 | 69 | 131 | 52 | 21 | 3 |
| Inventory Days | 151 | 234 | 240 | 166 | 56 | 59 | 62 | 25 | 29 | 34 |
| Payable Days | 50 | 57 | 35 | 54 | 244 | 553 | 2161 | 74 | 45 | 100 |
| 237 | 339 | 406 | 309 | -107 | -424 | -1968 | 3 | 5 | -62 | |
| FINANCIAL HEALTH | ||||||||||
| Debt to Equity (x) | 5.04x | 9.02x | 47.48x | -2.38x | -2.05x | -1.68x | 2.30x | 3.85x | 6.27x | -16.67x |
| Interest Coverage (x) | 0.34x | 0.05x | -4.89x | -188.78x | -53.43x | -222.27x | 1418.56x | -3.45x | -3.31x | -2.24x |
| 1.43x | 1.22x | 0.83x | 0.23x | 0.14x | 0.05x | 1.27x | 1.34x | 0.49x | 0.10x | |
| GROWTH | ||||||||||
| Revenue Growth % | -21.19% | -13.91% | -15.46% | -39.42% | -51.94% | -41.88% | -46.01% | 120.68% | 31.95% | -32.49% |
| Operating Profit Growth % | -1.26% | -15.46% | -237.56% | 56.65% | 112.15% | -22.76% | -711.47% | 100.42% | -8841.03% | 3.38% |
| Net Profit Growth % | 49.22% | -147.53% | -54.82% | -341.27% | 85.26% | -57.69% | 526.84% | -105.24% | -41.52% | -3.79% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3.79% | |
| VALUATION | ||||||||||
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -4.08x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | -23.49x |
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-08-08 - SEL Manufacturing Company Limited has informed the Exchange regarding Cessation of Mr Dharminder Pal as Non- Executive Director of the company w.e.f. August 07, 2026.
2026-08-06 - SEL Manufacturing Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-03 - SEL Manufacturing Company Limited has informed the Exchange about General Updates
2026-07-16 - SEL Manufacturing Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
2026-07-16 - SEL Manufacturing Company Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
2026-07-14 - The Exchange had sought clarification from SEL Manufacturing Company Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: The response of the Company is enclosed.
2026-06-27 - SEL Manufacturing Company Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
2026-06-24 - The Exchange has sought clarification from SEL Manufacturing Company Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: The response of the Company is awaited.
2026-06-19 - ARR ESS Leading Edge Private Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
News
Recent coverage and analyst commentary for SELMC
Loading news…
AI Stock Analyst
SEL Manufacturing Company Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account