MarketFriction

SEL Manufacturing Company Ltd

NSE SELMC · BSE 532886 · Other Textile Products
₹25.09 -5.00%
NSE close2026-09-28
52 week range25.09 - 43.36
Market cap₹83.1 Cr.
Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9612282155365223
Expenses11718322477577445
Operating Profit-21-6-4-3-2-2-2-1-1-2-2-2
OPM %-22%-52%-14%-16%-42%-53%-79%-13%-23%-83%-70%-62%
Other Income-217111-028411220
Interest151515161718181821192219
Depreciation242423242323232323212121
Profit before tax-62-28-42-32-43-16-40-41-44-41-42-42
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-62-28-42-32-43-16-40-41-44-41-42-42
EPS in Rs-18.58-8.43-12.53-9.54-13.00-4.83-12.09-12.39-13.35-12.30-12.63-12.68
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,9451,711988458285189420554374331513
Expenses1,6802,1921,251488346331426626429432119
Operating Profit266-481-263-30-61-142-6-71-55-10-5-6
OPM %14%-28%-27%-6%-21%-75%-1.4%-13%-15%-30%-34%-51%
Other Income-197-137-1,285-94-2,3715,3551030174365
Interest3421238312304360708082
Depreciation28411411210910810710610295948885
Profit before tax-558-854-1,667-236-2,5415,104-131-186-193-131-168-169
Tax %-28%-35%33%0%0%0%0%0%0%0%0%
Net Profit-402-558-2,222-236-2,5415,104-131-186-193-131-168-169
EPS in Rs-12.13-16.83-67.05-7.12-76.691,540.36-39.63-56.11-58.23-39.45-50.66-50.96
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-38%-39%-70%-30%
Compounded Profit Growth-16%5%6%-1%
Stock Price CAGR23%%-40%-14%
Return on Equity%%%%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital331331331331331331333333333333
Reserves757390-129-2,365-2,601-5,149383231115-90-242-433
Borrowings4,0414,2414,1526,1396,1296,1419591,017932940962985
Other Liabilities361369391269267272117105144172196274
Total Liabilities5,4895,3324,7454,3744,1271,5951,4921,3851,2251,055948859
Fixed Assets2,1231,8381,7561,6151,5061,3991,2811,1741,073977883795
CWIP17918516317016942424242424242
Investments56023592,0212,0221211100
Other Assets2,6273,0732,817568429153167168109342322
Total Assets5,4895,3324,7454,3744,1271,5951,4921,3851,2251,055948859
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-415105344253366-108913544376778
Cash from Investing Activity-1121-8-1,95414-8316152-0
Cash from Financing Activity460-137-3471,695-3663-878-43-60-52-70-78
Net Cash Flow34-10-11-62-35-400-0-0
Free Cash Flow-52693334267368-98903559416878
CFO/OP-145%40%-71%-117%-1,230%16%-628%-595%-62%-67%-686%-1,464%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days11716921350349112149411013
Inventory Days287413179291731556961454419163557
Days Payable5551312820038339697701069293,272
Cash Conversion Cycle349531361516-13742197-22-86-757-2,702
Working Capital Days111122-25-1,454-3,502-6,5143615-60-260-5,436-18,394
ROCE %2%2%-11%-8%-2%-4%-18%-8%-14%-15%-13%-14%
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.08%0.08%
DIIs21.73%21.32%19.55%19.21%18.36%13.91%12.78%11.80%11.72%11.54%11.19%10.81%
Public3.15%3.55%5.31%5.66%6.51%10.97%12.09%13.07%13.15%13.32%13.74%14.11%
No. of Shareholders22,69122,50923,53223,04423,07224,69125,19825,32025,24625,02324,83924,432

Fundamentals

Market Cap₹ 83.1 Cr.
Current Price₹ 25.1
Book Value₹ -121
ROCE-13.9 %
ROE%
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-30%
Compounded Profit Growth (TTM)-1%
Standalone figures.
Valuation
Market capRs 83 Cr
Enterprise valueRs 1,065 Cr
Price to book-0.21x
Price to sales6.55x
EV / sales83.96x
Price to cash flow1.07x
Earnings yield-203.09%
P/B, 3-year average-2.23x
P/B, 5-year average2.33x
Profitability
Operating margin (excl. other income)-34.48%
Operating margin (incl. other income)2.92%
EBITDA margin-12.37%
Pre-tax margin-1330.34%
Net profit margin-1330.42%
Net margin, latest quarter-1395.35%
ROE55.16%
ROCE-13.07%
ROA-18.57%
ROE, 3-year average-88.58%
ROCE, 3-year average-11.37%
ROA, 3-year average-16.18%
ROE, 5-year average-78.92%
ROCE, 5-year average-10.77%
ROA, 5-year average-14.38%
ROIC (approx.)-14.94%
Other income / net worth-1.44%
Growth
Sales growth (latest year)-53.04%
Sales CAGR, 3 years-69.69%
Sales CAGR, 5 years-39.44%
Sales growth QoQ29.74%
Sales growth YoY (latest quarter)-47.65%
Per share
EPS (TTM)Rs -50.96
EPS (latest quarter)Rs -12.68
EPS, 3-year averageRs -48.84
EPS, 5-year averageRs -48.35
Book value per shareRs -120.60
Sales per shareRs 3.83
Cash flow per shareRs 23.51
Free cash flow per shareRs 23.54
Efficiency
Asset turnover0.02x
Fixed asset turnover0.02x
Inventory turnover0.66x
Inventory days557 days
Debtor days13 days
Debtors turnover28.05x
Creditor days3272 days
Cash conversion cycle-2702 days
Working capital days-18394 days
Leverage
Total debtRs 985 Cr
Cash and bankRs 2 Cr
Net debtRs 982 Cr
Debt to equity-2.46x
Interest coverage-1.06x
Owners' fund to total sources-46.49%
Debt to assets114.57%
Cash flow
Cash from Operating Activity (latest year)Rs 78 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -78 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 78 Cr
FCFE (approx.: FCF + change in debt)Rs 101 Cr
Sales to cash flow0.20x
Statement figures
Net sales (TTM)Rs 13 Cr
Net sales (latest year)Rs 15 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs -5 Cr
Operating profit (latest quarter)Rs -2 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs -2 Cr
PBDT (TTM)Rs -83 Cr
Profit before tax (TTM)Rs -169 Cr
Net profit (TTM)Rs -169 Cr
Net profit (latest year)Rs -168 Cr
Net profit (latest quarter)Rs -42 Cr
Depreciation (TTM)Rs 85 Cr
Depreciation (latest quarter)Rs 21 Cr
Interest (TTM)Rs 82 Cr
Cost of goods sold (latest year)Rs 6 Cr
Total expenditure (latest year)Rs 21 Cr
Total income (latest year)Rs 21 Cr
Share capitalRs 33 Cr
ReservesRs -433 Cr
Shareholders' fundsRs -400 Cr
Total assetsRs 859 Cr
Net blockRs 795 Cr
Capital work in progressRs 42 Cr
InvestmentsRs 0 Cr
ReceivablesRs 1 Cr
InventoryRs 9 Cr
Other liabilitiesRs 274 Cr
Shares outstanding (crore)3.31
Ownership
Promoter holding75.00% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodSELMCNifty 50Difference
1 week-6.5%-2.8% -3.7 pts
1 month-9.1%-6.8% -2.3 pts
3 months-15.9%-7.6% -8.3 pts
6 months-19.6%+0.4% -20.0 pts
1 year-15.8%-9.9% -5.9 pts
2 years-57.9%-13.6% -44.3 pts
3 years-78.8%+14.2% -93.0 pts
5 years+2100.9%+27.9% +2073.0 pts

Red flags

F-score 3 of 8
seriousNegative equity Shareholders' equity is negative
lookInventory outrunning sales Inventory grew -5% vs sales -53% in 2026
lookRepeated losses Net loss in each of the last two years
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹3 Cr -50.0% vs Jun 2025. Net loss ₹42 Cr.
Against our estimate for Jun 2026: sales -16.7%, profit +20.4% beat. Our estimate for Sep 2026: sales Rs 3 Cr, profit Rs -52 Cr (how).

Activity

Compare
CompanyMcap (Cr)P/EROCE
K P R Mill Ltd36,96740.519.6 %
Welspun Living Ltd21,27776.56.26 %
Vardhman Textiles Ltd15,33518.18.55 %
Trident Ltd11,46129.09.79 %
Indo Count Industries Ltd8,61457.18.19 %
Garware Technical Fibres Ltd7,36133.422.0 %
Kusumgar Ltd6,37850.718.8 %
Filatex India Ltd4,97325.919.1 %
Jindal Worldwide Ltd4,71955.78.63 %
Sanathan Textiles Ltd4,35271.66.89 %
Raymond Lifestyle Ltd4,02627.03.52 %
Alok Industries Ltd3,501-3.95 %
Nitin Spinners Ltd3,40316.112.2 %
Sangam (India) Ltd3,24825.810.7 %
Ganesha Ecosphere Ltd2,70347.85.58 %
No bulk or block deals on record.
Ex-dateActionFactor
2022-09-15Annual General Meeting
2022-04-20Annual General Meeting
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Company has failed to pay Annual listing feeEPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 daysLoss making

Quick answers

What is the market cap of SEL Manufacturing Company Ltd?

SEL Manufacturing Company Ltd (SELMC) has a market capitalisation of Rs 83.1 Cr. at the 2026-09-28 close.

What were SEL Manufacturing Company Ltd's latest quarterly results?

In the Jun 2026 quarter, SEL Manufacturing Company Ltd sales was Rs 3 Cr (-50.0% vs Jun 2025) with a net loss of Rs 42 Cr.

What is the 52-week high and low of SEL Manufacturing Company Ltd?

The 52-week high is Rs 43.36 and the 52-week low is Rs 25.09.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03