SEL Manufacturing Company Ltd.
•₹ 28.010.04%
2026-08-21
PROS
- Company is almost debt free
- Company generates healthy free cash flow
CONS
- Net worth is negative - accumulated losses have eroded equity
- Company is loss-making at the operating / net level
- Company has a low return on equity of -169.9% over last 3 years
- Receivables are growing faster than sales - a possible quality concern
- Company has a low return on capital employed of -11.0%
- Interest coverage is weak at -0.9x - earnings barely cover interest
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PAGEIND | 35400.00 | 0.00 | 39484.71 | 1.55 | 192.81 | -3.98 | 1420.45 | 7.89 | 73.60 | 20.35 |
| 2. | KPRMILL | 1122.45 | 42.05 | 38366.91 | 0.45 | 258.54 | 21.55 | 1935.52 | 14.77 | 20.16 | 19.37 |
| 3. | VTL | 594.75 | 20.30 | 17216.57 | 0.84 | 314.56 | 51.46 | 2703.08 | 13.31 | 11.31 | 18.11 |
| 4. | WELSPUNLIV | 181.25 | 61.68 | 17123.64 | 0.06 | 162.61 | 82.09 | 2795.45 | 23.66 | 15.04 | 11.53 |
| 5. | ARVIND | 518.15 | 34.04 | 14095.79 | 0.87 | 57.77 | 5.61 | 2500.96 | 24.65 | 13.98 | 9.64 |
| 6. | MANYAVAR | 542.75 | 32.73 | 13187.64 | 1.43 | 66.90 | 37.31 | 267.95 | 22.74 | 33.92 | 45.53 |
| 7. | PGIL | 2410.95 | 35.88 | 11136.31 | 0.60 | 99.23 | 51.37 | 1528.26 | 24.46 | 22.42 | 10.72 |
| 8. | SWANCORP | 302.25 | 42.38 | 9474.23 | 0.05 | -35.99 | -233.33 | 1013.75 | -16.44 | 4.50 | -0.38 |
| 9. | ICIL | 444.15 | 58.30 | 8796.58 | 0.34 | 63.22 | 67.28 | 1206.96 | 25.89 | 8.73 | 11.88 |
| 10. | GARFIBRES | 759.85 | 35.32 | 7419.81 | 1.18 | 64.60 | 21.56 | 482.37 | 31.35 | 20.98 | 18.70 |
| 11. | KUSUMGAR | 565.70 | 60.48 | 5939.36 | 0.00 | 426.47 | — | 2472.47 | — | 26.15 | 30.50 |
| 12. | SELMC | 27.75 | 0.00 | 91.95 | 0.00 | -41.53 | 33.06 | 28.01 | -87.73 | -7.46 | 11.39 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 238 | 96 | 12 | 28 | 21 | 5 | 5 | 3 | 6 | 5 | 2 | 2 | 3 | |
| 262 | 117 | 18 | 32 | 24 | 7 | 7 | 5 | 7 | 7 | 4 | 4 | 45 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 0 | 7 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 15 | 15 | 15 | 15 | 16 | 17 | 18 | 18 | 18 | 21 | 19 | 22 | 19 |
| Depreciation | 24 | 24 | 24 | 23 | 24 | 23 | 23 | 23 | 23 | 23 | 21 | 21 | 21 |
| -62 | -62 | -28 | -42 | -32 | -43 | -16 | -40 | -41 | -44 | -41 | -42 | -42 | |
| Tax % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| Net Profit | -62 | -62 | -28 | -42 | -32 | -43 | -16 | -40 | -41 | -44 | -41 | -42 | -42 |
| -19 | -19 | -8 | -13 | -10 | -13 | -5 | -12 | -12 | -13 | -12 | -13 | -1 | |
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 | 33 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 238
- 262
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 15
- Depreciation
- 24
- -62
- Tax %
- -0.00%
- Net Profit
- -62
- -19
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 96
- 117
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 15
- Depreciation
- 24
- -62
- Tax %
- -0.00%
- Net Profit
- -62
- -19
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 12
- 18
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 15
- Depreciation
- 24
- -28
- Tax %
- -0.00%
- Net Profit
- -28
- -8
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 28
- 32
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 15
- Depreciation
- 23
- -42
- Tax %
- -0.00%
- Net Profit
- -42
- -13
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 21
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 16
- Depreciation
- 24
- -32
- Tax %
- -0.00%
- Net Profit
- -32
- -10
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 5
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 17
- Depreciation
- 23
- -43
- Tax %
- -0.00%
- Net Profit
- -43
- -13
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 5
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 18
- Depreciation
- 23
- -16
- Tax %
- -0.00%
- Net Profit
- -16
- -5
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 3
- 5
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 18
- Depreciation
- 23
- -40
- Tax %
- -0.00%
- Net Profit
- -40
- -12
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 6
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 18
- Depreciation
- 23
- -41
- Tax %
- -0.00%
- Net Profit
- -41
- -12
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 5
- 7
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 21
- Depreciation
- 23
- -44
- Tax %
- -0.00%
- Net Profit
- -44
- -13
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 19
- Depreciation
- 21
- -41
- Tax %
- -0.00%
- Net Profit
- -41
- -12
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 22
- Depreciation
- 21
- -42
- Tax %
- -0.00%
- Net Profit
- -42
- -13
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 3
- 45
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 19
- Depreciation
- 21
- -42
- Tax %
- -0.00%
- Net Profit
- -42
- -1
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 33
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,948 | 1,713 | 989 | 459 | 291 | 190 | 420 | 554 | 374 | 33 | 13 | |
| 1,689 | 2,194 | 1,261 | 489 | 352 | 332 | 426 | 626 | 429 | 43 | 59 | |
| Operating Profit | 370 | -391 | -223 | 46 | 16 | -139 | 1 | -51 | -53 | -9 | — |
| OPM % | 19 | -23 | -23 | 10 | 5 | -73 | 0 | -9 | -14 | -29 | — |
| Other Income | 110 | 90 | 49 | 75 | 77 | 2 | 7 | 20 | 2 | 0 | 0 |
| Interest | 342 | 123 | 8 | 3 | 1 | 2 | 30 | 43 | 60 | 70 | 82 |
| Depreciation | 285 | 114 | 112 | 109 | 108 | 107 | 106 | 102 | 95 | 94 | 85 |
| -558 | -854 | -1,667 | -236 | -2,541 | 5,104 | -131 | -186 | -193 | -131 | -169 | |
| Tax % | 28 | 35 | -33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -402 | -558 | -2,222 | -236 | -2,541 | 5,104 | -131 | -186 | -193 | -131 | -169 |
| EPS | 0 | -17 | -67 | -7 | -77 | 1,540 | -40 | -56 | -58 | -39 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -12 | -17 | -67 | -7 | -77 | 1,540 | -40 | -56 | -58 | -39 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -12 | -17 | -67 | -7 | -77 | 1,540 | -40 | -56 | -58 | -39 | — |
Mar 2016
- 1,948
- 1,689
- Operating Profit
- 370
- OPM %
- 19
- Other Income
- 110
- Interest
- 342
- Depreciation
- 285
- -558
- Tax %
- 28
- Net Profit
- -402
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
Mar 2017
- 1,713
- 2,194
- Operating Profit
- -391
- OPM %
- -23
- Other Income
- 90
- Interest
- 123
- Depreciation
- 114
- -854
- Tax %
- 35
- Net Profit
- -558
- EPS
- -17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -17
Mar 2018
- 989
- 1,261
- Operating Profit
- -223
- OPM %
- -23
- Other Income
- 49
- Interest
- 8
- Depreciation
- 112
- -1,667
- Tax %
- -33
- Net Profit
- -2,222
- EPS
- -67
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -67
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -67
Mar 2019
- 459
- 489
- Operating Profit
- 46
- OPM %
- 10
- Other Income
- 75
- Interest
- 3
- Depreciation
- 109
- -236
- Tax %
- 0
- Net Profit
- -236
- EPS
- -7
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -7
Mar 2020
- 291
- 352
- Operating Profit
- 16
- OPM %
- 5
- Other Income
- 77
- Interest
- 1
- Depreciation
- 108
- -2,541
- Tax %
- 0
- Net Profit
- -2,541
- EPS
- -77
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -77
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -77
Mar 2021
- 190
- 332
- Operating Profit
- -139
- OPM %
- -73
- Other Income
- 2
- Interest
- 2
- Depreciation
- 107
- 5,104
- Tax %
- 0
- Net Profit
- 5,104
- EPS
- 1,540
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1,540
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1,540
Mar 2022
- 420
- 426
- Operating Profit
- 1
- OPM %
- 0
- Other Income
- 7
- Interest
- 30
- Depreciation
- 106
- -131
- Tax %
- 0
- Net Profit
- -131
- EPS
- -40
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -40
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -40
Mar 2023
- 554
- 626
- Operating Profit
- -51
- OPM %
- -9
- Other Income
- 20
- Interest
- 43
- Depreciation
- 102
- -186
- Tax %
- 0
- Net Profit
- -186
- EPS
- -56
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -56
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -56
Mar 2024
- 374
- 429
- Operating Profit
- -53
- OPM %
- -14
- Other Income
- 2
- Interest
- 60
- Depreciation
- 95
- -193
- Tax %
- 0
- Net Profit
- -193
- EPS
- -58
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -58
Mar 2025
- 33
- 43
- Operating Profit
- -9
- OPM %
- -29
- Other Income
- 0
- Interest
- 70
- Depreciation
- 94
- -131
- Tax %
- 0
- Net Profit
- -131
- EPS
- -39
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -39
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -39
TTM
- 13
- 59
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 82
- Depreciation
- 85
- -169
- Tax %
- 0
- Net Profit
- -169
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -35%
- 5 Years:
- -35%
- 3 Years:
- -57%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 83%
- 3 Years:
- -38%
- 1 Year:
- -9%
RETURN ON EQUITY
- 10 Years:
- -71%
- 5 Years:
- -110%
- 3 Years:
- -170%
- Last Year:
- 0%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 331 | 331 | 331 | 331 | 331 | 33 | 33 | 33 | 33 | 33 |
| 390 | -129 | -2,365 | -2,601 | -5,149 | 383 | 231 | 115 | -90 | -242 | |
| 1,385 | 1,427 | 3,432 | 3,423 | 3,427 | 0 | 3 | 0 | 0 | 0 | |
| Trade Payables | 170 | 148 | 66 | 68 | 68 | 13 | 24 | 84 | 95 | 51 |
| 2,817 | 2,456 | 2,910 | 2,905 | 2,918 | 1,063 | 1,094 | 992 | 1,016 | 1,106 | |
| Total Liabilities | 5,094 | 4,233 | 4,374 | 4,127 | 1,595 | 1,492 | 1,385 | 1,225 | 1,055 | 948 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,838 | 1,756 | 1,615 | 1,506 | 1,399 | 1,281 | 1,174 | 1,073 | 977 | 883 | |
| Capital Work in Progress | 185 | 163 | 170 | 169 | 42 | 42 | 42 | 42 | 42 | 42 |
| 235 | 9 | 2,021 | 2,022 | 1 | 2 | 1 | 1 | 1 | 0 | |
| 1,391 | 844 | 68 | 59 | 27 | 23 | 36 | 53 | 17 | 9 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Cash & Bank | 37 | 9 | 3 | 5 | 2 | 12 | 7 | 3 | 3 | 3 |
| 1,408 | 1,452 | 496 | 365 | 123 | 132 | 124 | 53 | 13 | 10 | |
| Total Assets | 5,094 | 4,233 | 4,374 | 4,127 | 1,595 | 1,492 | 1,385 | 1,225 | 1,055 | 948 |
| Total Debt | 4,241 | 4,152 | 6,139 | 6,129 | 6,141 | 958 | 1,016 | 932 | 940 | 961 |
| Net Working Capital | 689 | -107 | -3,935 | -4,391 | -5,089 | 32 | 34 | -85 | -263 | -486 |
| Contingent Liabilities | 2,036 | 2,322 | 328 | 78 | 62 | 0 | 0 | 0 | 2 | 2 |
| Book Value per Share | 21.78 | 6.10 | -61.39 | -68.49 | -145.40 | 125.60 | 79.57 | 44.79 | -17.02 | -63.11 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 4,241 | 4,152 | 6,139 | 6,129 | 6,141 | 958 | 1,016 | 932 | 940 | 961 |
| Net Working Capital | 689 | -107 | -3,935 | -4,391 | -5,089 | 32 | 34 | -85 | -263 | -486 |
| Contingent Liabilities | 2,036 | 2,322 | 328 | 78 | 62 | 0 | 0 | 0 | 2 | 2 |
| Book Value per Share | 21.78 | 6.10 | -61.39 | -68.49 | -145.40 | 125.60 | 79.57 | 44.79 | -17.02 | -63.11 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 331
- 390
- 1,385
- Trade Payables
- 170
- 2,817
- Total Liabilities
- 5,094
- 1,838
- Capital Work in Progress
- 185
- 235
- 1,391
- 0
- Cash & Bank
- 37
- 1,408
- Total Assets
- 5,094
- Total Debt
- 4,241
- Net Working Capital
- 689
- Contingent Liabilities
- 2,036
- Book Value per Share
- 21.78
- Face Value
- 10.00
- Total Debt
- 4,241
- Net Working Capital
- 689
- Contingent Liabilities
- 2,036
- Book Value per Share
- 21.78
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 331
- -129
- 1,427
- Trade Payables
- 148
- 2,456
- Total Liabilities
- 4,233
- 1,756
- Capital Work in Progress
- 163
- 9
- 844
- 0
- Cash & Bank
- 9
- 1,452
- Total Assets
- 4,233
- Total Debt
- 4,152
- Net Working Capital
- -107
- Contingent Liabilities
- 2,322
- Book Value per Share
- 6.10
- Face Value
- 10.00
- Total Debt
- 4,152
- Net Working Capital
- -107
- Contingent Liabilities
- 2,322
- Book Value per Share
- 6.10
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 331
- -2,365
- 3,432
- Trade Payables
- 66
- 2,910
- Total Liabilities
- 4,374
- 1,615
- Capital Work in Progress
- 170
- 2,021
- 68
- 0
- Cash & Bank
- 3
- 496
- Total Assets
- 4,374
- Total Debt
- 6,139
- Net Working Capital
- -3,935
- Contingent Liabilities
- 328
- Book Value per Share
- -61.39
- Face Value
- 10.00
- Total Debt
- 6,139
- Net Working Capital
- -3,935
- Contingent Liabilities
- 328
- Book Value per Share
- -61.39
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 331
- -2,601
- 3,423
- Trade Payables
- 68
- 2,905
- Total Liabilities
- 4,127
- 1,506
- Capital Work in Progress
- 169
- 2,022
- 59
- 0
- Cash & Bank
- 5
- 365
- Total Assets
- 4,127
- Total Debt
- 6,129
- Net Working Capital
- -4,391
- Contingent Liabilities
- 78
- Book Value per Share
- -68.49
- Face Value
- 10.00
- Total Debt
- 6,129
- Net Working Capital
- -4,391
- Contingent Liabilities
- 78
- Book Value per Share
- -68.49
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 331
- -5,149
- 3,427
- Trade Payables
- 68
- 2,918
- Total Liabilities
- 1,595
- 1,399
- Capital Work in Progress
- 42
- 1
- 27
- 0
- Cash & Bank
- 2
- 123
- Total Assets
- 1,595
- Total Debt
- 6,141
- Net Working Capital
- -5,089
- Contingent Liabilities
- 62
- Book Value per Share
- -145.40
- Face Value
- 10.00
- Total Debt
- 6,141
- Net Working Capital
- -5,089
- Contingent Liabilities
- 62
- Book Value per Share
- -145.40
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 33
- 383
- 0
- Trade Payables
- 13
- 1,063
- Total Liabilities
- 1,492
- 1,281
- Capital Work in Progress
- 42
- 2
- 23
- 0
- Cash & Bank
- 12
- 132
- Total Assets
- 1,492
- Total Debt
- 958
- Net Working Capital
- 32
- Contingent Liabilities
- 0
- Book Value per Share
- 125.60
- Face Value
- 10.00
- Total Debt
- 958
- Net Working Capital
- 32
- Contingent Liabilities
- 0
- Book Value per Share
- 125.60
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 33
- 231
- 3
- Trade Payables
- 24
- 1,094
- Total Liabilities
- 1,385
- 1,174
- Capital Work in Progress
- 42
- 1
- 36
- 0
- Cash & Bank
- 7
- 124
- Total Assets
- 1,385
- Total Debt
- 1,016
- Net Working Capital
- 34
- Contingent Liabilities
- 0
- Book Value per Share
- 79.57
- Face Value
- 10.00
- Total Debt
- 1,016
- Net Working Capital
- 34
- Contingent Liabilities
- 0
- Book Value per Share
- 79.57
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 33
- 115
- 0
- Trade Payables
- 84
- 992
- Total Liabilities
- 1,225
- 1,073
- Capital Work in Progress
- 42
- 1
- 53
- 0
- Cash & Bank
- 3
- 53
- Total Assets
- 1,225
- Total Debt
- 932
- Net Working Capital
- -85
- Contingent Liabilities
- 0
- Book Value per Share
- 44.79
- Face Value
- 10.00
- Total Debt
- 932
- Net Working Capital
- -85
- Contingent Liabilities
- 0
- Book Value per Share
- 44.79
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 33
- -90
- 0
- Trade Payables
- 95
- 1,016
- Total Liabilities
- 1,055
- 977
- Capital Work in Progress
- 42
- 1
- 17
- 1
- Cash & Bank
- 3
- 13
- Total Assets
- 1,055
- Total Debt
- 940
- Net Working Capital
- -263
- Contingent Liabilities
- 2
- Book Value per Share
- -17.02
- Face Value
- 10.00
- Total Debt
- 940
- Net Working Capital
- -263
- Contingent Liabilities
- 2
- Book Value per Share
- -17.02
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 33
- -242
- 0
- Trade Payables
- 51
- 1,106
- Total Liabilities
- 948
- 883
- Capital Work in Progress
- 42
- 0
- 9
- 1
- Cash & Bank
- 3
- 10
- Total Assets
- 948
- Total Debt
- 961
- Net Working Capital
- -486
- Contingent Liabilities
- 2
- Book Value per Share
- -63.11
- Face Value
- 10.00
- Total Debt
- 961
- Net Working Capital
- -486
- Contingent Liabilities
- 2
- Book Value per Share
- -63.11
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 105 | 344 | 253 | 363 | -10 | 891 | 35 | 44 | 37 | 67 | |
| Cash from Investing | 21 | -8 | -1,954 | -17 | 4 | -8 | 3 | 16 | 15 | 2 |
| Cash from Financing | -137 | -347 | 1,695 | -343 | 3 | -878 | -43 | -60 | -52 | -70 |
| -10 | -11 | -6 | 2 | -3 | 5 | -4 | 0 | 0 | -0 | |
| Free Cash Flow | 101 | 334 | 253 | 363 | -10 | 891 | 35 | 44 | 37 | 67 |
| OCF / Net Profit | -0.26 | -0.62 | -0.11 | -1.54 | 0.00 | 0.17 | -0.27 | -0.24 | -0.19 | -0.51 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,041 | 1,831 | 1,532 | 1,323 | 998 | 1,075 |
| OCF / Net Profit | -0.26 | -0.62 | -0.11 | -1.54 | 0.00 | 0.17 | -0.27 | -0.24 | -0.19 | -0.51 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 1,041 | 1,831 | 1,532 | 1,323 | 998 | 1,075 |
Mar 2016
- 105
- Cash from Investing
- 21
- Cash from Financing
- -137
- -10
- Free Cash Flow
- 101
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.26
- Cumulative 5-Year FCF
- 0
Mar 2017
- 344
- Cash from Investing
- -8
- Cash from Financing
- -347
- -11
- Free Cash Flow
- 334
- OCF / Net Profit
- -0.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.62
- Cumulative 5-Year FCF
- 0
Mar 2018
- 253
- Cash from Investing
- -1,954
- Cash from Financing
- 1,695
- -6
- Free Cash Flow
- 253
- OCF / Net Profit
- -0.11
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.11
- Cumulative 5-Year FCF
- 0
Mar 2019
- 363
- Cash from Investing
- -17
- Cash from Financing
- -343
- 2
- Free Cash Flow
- 363
- OCF / Net Profit
- -1.54
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.54
- Cumulative 5-Year FCF
- 0
Mar 2020
- -10
- Cash from Investing
- 4
- Cash from Financing
- 3
- -3
- Free Cash Flow
- -10
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 1,041
- OCF / Net Profit
- 0.00
- Cumulative 5-Year FCF
- 1,041
Mar 2021
- 891
- Cash from Investing
- -8
- Cash from Financing
- -878
- 5
- Free Cash Flow
- 891
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- 1,831
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- 1,831
Mar 2022
- 35
- Cash from Investing
- 3
- Cash from Financing
- -43
- -4
- Free Cash Flow
- 35
- OCF / Net Profit
- -0.27
- Cumulative 5-Year FCF
- 1,532
- OCF / Net Profit
- -0.27
- Cumulative 5-Year FCF
- 1,532
Mar 2023
- 44
- Cash from Investing
- 16
- Cash from Financing
- -60
- 0
- Free Cash Flow
- 44
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- 1,323
- OCF / Net Profit
- -0.24
- Cumulative 5-Year FCF
- 1,323
Mar 2024
- 37
- Cash from Investing
- 15
- Cash from Financing
- -52
- 0
- Free Cash Flow
- 37
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- 998
- OCF / Net Profit
- -0.19
- Cumulative 5-Year FCF
- 998
Mar 2025
- 67
- Cash from Investing
- 2
- Cash from Financing
- -70
- -0
- Free Cash Flow
- 67
- OCF / Net Profit
- -0.51
- Cumulative 5-Year FCF
- 1,075
- OCF / Net Profit
- -0.51
- Cumulative 5-Year FCF
- 1,075
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -12.13 | -16.83 | -67.05 | -7.12 | -76.69 | 1540.36 | -39.63 | -56.11 | -58.23 | -39.45 |
| Book Value (₹) | 21.78 | 6.10 | -61.39 | -68.49 | -145.40 | 125.60 | 79.57 | 44.79 | -17.02 | -63.11 |
| 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 (₹) | -3.54 | -13.38 | -63.68 | -3.84 | -73.43 | 1572.72 | -7.74 | -25.45 | -29.51 | -11.16 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 18.97% | -22.84% | -22.52% | 9.93% | 5.33% | -73.24% | 0.15% | -9.27% | -14.73% | -29.71% |
| Net Margin % | -20.64% | -32.55% | -224.59% | -51.40% | -873.07% | 2680.86% | -31.25% | -33.54% | -51.55% | -397.70% |
| ROE % | -44.42% | -120.69% | 0.00% | 0.00% | 0.00% | 0.00% | -38.63% | -90.23% | -419.33% | 0.00% |
| ROCE % | -4.27% | -15.71% | -39.23% | -5.84% | -98.01% | 378.65% | -7.67% | -12.10% | -13.58% | -7.46% |
| -7.63% | -11.96% | -51.63% | -5.55% | -88.81% | 330.60% | -9.13% | -14.25% | -16.92% | -13.05% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 154 | 202 | 209 | 71 | 71 | 128 | 52 | 21 | 3 | 9 |
| Inventory Days | 244 | 238 | 168 | 51 | 54 | 48 | 25 | 29 | 34 | 145 |
| Payable Days | 62 | 34 | 46 | 196 | 386 | 1239 | 74 | 45 | 100 | 1279 |
| 336 | 407 | 332 | -75 | -260 | -1063 | 3 | 5 | -62 | -1124 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 5.88x | 20.54x | -3.02x | -2.70x | -1.27x | 2.30x | 3.85x | 6.28x | -16.67x | -4.60x |
| Interest Coverage (x) | -0.63x | -5.97x | -211.55x | -68.91x | -2098.14x | 2887.03x | -3.45x | -3.31x | -2.24x | -0.87x |
| 1.34x | 0.95x | 0.12x | 0.09x | 0.03x | 1.27x | 1.34x | 0.49x | 0.10x | 0.04x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -16.25% | -12.06% | -42.24% | -53.59% | -36.61% | -34.59% | 120.68% | 31.95% | -32.49% | -91.22% |
| Operating Profit Growth % | -9.42% | -205.88% | 43.06% | 120.47% | -65.97% | -998.44% | 100.46% | -8058.36% | -3.95% | 82.24% |
| Net Profit Growth % | -343.39% | -38.71% | -298.49% | 89.38% | -976.86% | 300.86% | -102.57% | -41.59% | -3.79% | 32.25% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -3.79% | 32.25% | |
| 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 | -4.08x | -0.44x |
| 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 | -21.84x | -110.66x |
Mar 2016
- EPS (₹)
- -12.13
- Book Value (₹)
- 21.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.54
- Operating Margin %
- 18.97%
- Net Margin %
- -20.64%
- ROE %
- -44.42%
- ROCE %
- -4.27%
- -7.63%
- Debtor Days
- 154
- Inventory Days
- 244
- Payable Days
- 62
- 336
- Debt to Equity (x)
- 5.88x
- Interest Coverage (x)
- -0.63x
- 1.34x
- Revenue Growth %
- -16.25%
- Operating Profit Growth %
- -9.42%
- Net Profit Growth %
- -343.39%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -16.83
- Book Value (₹)
- 6.10
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -13.38
- Operating Margin %
- -22.84%
- Net Margin %
- -32.55%
- ROE %
- -120.69%
- ROCE %
- -15.71%
- -11.96%
- Debtor Days
- 202
- Inventory Days
- 238
- Payable Days
- 34
- 407
- Debt to Equity (x)
- 20.54x
- Interest Coverage (x)
- -5.97x
- 0.95x
- Revenue Growth %
- -12.06%
- Operating Profit Growth %
- -205.88%
- Net Profit Growth %
- -38.71%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- -67.05
- Book Value (₹)
- -61.39
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -63.68
- Operating Margin %
- -22.52%
- Net Margin %
- -224.59%
- ROE %
- 0.00%
- ROCE %
- -39.23%
- -51.63%
- Debtor Days
- 209
- Inventory Days
- 168
- Payable Days
- 46
- 332
- Debt to Equity (x)
- -3.02x
- Interest Coverage (x)
- -211.55x
- 0.12x
- Revenue Growth %
- -42.24%
- Operating Profit Growth %
- 43.06%
- Net Profit Growth %
- -298.49%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -7.12
- Book Value (₹)
- -68.49
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -3.84
- Operating Margin %
- 9.93%
- Net Margin %
- -51.40%
- ROE %
- 0.00%
- ROCE %
- -5.84%
- -5.55%
- Debtor Days
- 71
- Inventory Days
- 51
- Payable Days
- 196
- -75
- Debt to Equity (x)
- -2.70x
- Interest Coverage (x)
- -68.91x
- 0.09x
- Revenue Growth %
- -53.59%
- Operating Profit Growth %
- 120.47%
- Net Profit Growth %
- 89.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -76.69
- Book Value (₹)
- -145.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -73.43
- Operating Margin %
- 5.33%
- Net Margin %
- -873.07%
- ROE %
- 0.00%
- ROCE %
- -98.01%
- -88.81%
- Debtor Days
- 71
- Inventory Days
- 54
- Payable Days
- 386
- -260
- Debt to Equity (x)
- -1.27x
- Interest Coverage (x)
- -2098.14x
- 0.03x
- Revenue Growth %
- -36.61%
- Operating Profit Growth %
- -65.97%
- Net Profit Growth %
- -976.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 1540.36
- Book Value (₹)
- 125.60
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1572.72
- Operating Margin %
- -73.24%
- Net Margin %
- 2680.86%
- ROE %
- 0.00%
- ROCE %
- 378.65%
- 330.60%
- Debtor Days
- 128
- Inventory Days
- 48
- Payable Days
- 1239
- -1063
- Debt to Equity (x)
- 2.30x
- Interest Coverage (x)
- 2887.03x
- 1.27x
- Revenue Growth %
- -34.59%
- Operating Profit Growth %
- -998.44%
- Net Profit Growth %
- 300.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -39.63
- Book Value (₹)
- 79.57
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -7.74
- Operating Margin %
- 0.15%
- Net Margin %
- -31.25%
- ROE %
- -38.63%
- ROCE %
- -7.67%
- -9.13%
- Debtor Days
- 52
- Inventory Days
- 25
- Payable Days
- 74
- 3
- Debt to Equity (x)
- 3.85x
- Interest Coverage (x)
- -3.45x
- 1.34x
- Revenue Growth %
- 120.68%
- Operating Profit Growth %
- 100.46%
- Net Profit Growth %
- -102.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- -56.11
- Book Value (₹)
- 44.79
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -25.45
- Operating Margin %
- -9.27%
- Net Margin %
- -33.54%
- ROE %
- -90.23%
- ROCE %
- -12.10%
- -14.25%
- Debtor Days
- 21
- Inventory Days
- 29
- Payable Days
- 45
- 5
- Debt to Equity (x)
- 6.28x
- Interest Coverage (x)
- -3.31x
- 0.49x
- Revenue Growth %
- 31.95%
- Operating Profit Growth %
- -8058.36%
- Net Profit Growth %
- -41.59%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -58.23
- Book Value (₹)
- -17.02
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -29.51
- Operating Margin %
- -14.73%
- Net Margin %
- -51.55%
- ROE %
- -419.33%
- ROCE %
- -13.58%
- -16.92%
- Debtor Days
- 3
- Inventory Days
- 34
- Payable Days
- 100
- -62
- Debt to Equity (x)
- -16.67x
- Interest Coverage (x)
- -2.24x
- 0.10x
- Revenue Growth %
- -32.49%
- Operating Profit Growth %
- -3.95%
- Net Profit Growth %
- -3.79%
- -3.79%
- P/E (x)
- 0.00x
- P/B (x)
- -4.08x
- Dividend Yield %
- 0.00%
- -21.84x
Mar 2025
- EPS (₹)
- -39.45
- Book Value (₹)
- -63.11
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -11.16
- Operating Margin %
- -29.71%
- Net Margin %
- -397.70%
- ROE %
- 0.00%
- ROCE %
- -7.46%
- -13.05%
- Debtor Days
- 9
- Inventory Days
- 145
- Payable Days
- 1279
- -1124
- Debt to Equity (x)
- -4.60x
- Interest Coverage (x)
- -0.87x
- 0.04x
- Revenue Growth %
- -91.22%
- Operating Profit Growth %
- 82.24%
- Net Profit Growth %
- 32.25%
- 32.25%
- P/E (x)
- 0.00x
- P/B (x)
- -0.44x
- Dividend Yield %
- 0.00%
- -110.66x
Documents
Announcements
- Cessation
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.
- Outcome of Board Meeting
2026-08-06 - SEL Manufacturing Company Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.