Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.63 | 4.11 | 8.58 | 19.38 | 5.28 | 4.41 | 14.84 | 18.03 | 7.04 | 5.65 | 9.71 | 19.63 |
| Expenses | 8.33 | 4.13 | 8.95 | 17.66 | 5.13 | 4.45 | 13.88 | 16.40 | 6.98 | 5.40 | 8.68 | 18.36 |
| Operating Profit | 1.30 | -0.02 | -0.37 | 1.72 | 0.15 | -0.04 | 0.96 | 1.63 | 0.06 | 0.25 | 1.03 | 1.27 |
| OPM % | 13.50% | -0.49% | -4.31% | 8.88% | 2.84% | -0.91% | 6.47% | 9.04% | 0.85% | 4.42% | 10.61% | 6.47% |
| Other Income | 0.75 | 2.58 | 1.53 | 0.19 | 0.55 | 0.49 | 5.55 | 0.15 | 0.12 | 0.16 | 0.15 | 0.17 |
| Interest | 0.13 | 0.02 | 0.47 | 0.13 | 0.07 | 0.03 | 0.47 | 0.11 | -0.05 | 0.15 | 0.54 | 0.14 |
| Depreciation | 0.14 | 0.15 | 0.12 | 0.14 | 0.14 | 0.15 | 0.12 | 0.14 | 0.15 | 0.14 | 0.22 | 0.16 |
| Profit before tax | 1.78 | 2.39 | 0.57 | 1.64 | 0.49 | 0.27 | 5.92 | 1.53 | 0.08 | 0.12 | 0.42 | 1.14 |
| Tax % | 0.56% | -0.00% | 61.40% | -0.00% | -0.00% | -0.00% | 3.38% | -0.00% | -0.00% | -0.00% | 92.86% | -0.00% |
| Net Profit | 1.77 | 2.39 | 0.22 | 1.64 | 0.49 | 0.27 | 5.73 | 1.53 | 0.08 | 0.12 | 0.03 | 1.14 |
| EPS in Rs | 1.31 | 1.97 | -0.32 | 0.91 | 0.32 | 0.28 | 4.01 | 0.76 | 0.13 | 0.18 | -0.09 | 0.66 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.53 | 7.67 | 12.76 | 18.52 | 23.88 | 16.03 | 37.35 | 46.52 | 42.43 | 43.91 | 40.56 | 42.03 |
| Expenses | 5.25 | 8.72 | 13.31 | 18.02 | 22.66 | 15.04 | 35.14 | 42.87 | 39.76 | 41.13 | 37.13 | 39.42 |
| Operating Profit | 0.28 | -1.05 | -0.55 | 0.50 | 1.22 | 0.99 | 2.21 | 3.65 | 2.67 | 2.78 | 3.43 | 2.61 |
| OPM % | 5.06% | -13.69% | -4.31% | 2.70% | 5.11% | 6.18% | 5.92% | 7.85% | 6.29% | 6.33% | 8.46% | 6.21% |
| Other Income | 0.33 | 0.68 | 1.16 | 0.13 | 7.23 | 3.30 | 2.73 | 1.54 | 4.87 | 6.78 | 0.13 | 0.60 |
| Interest | 0.06 | 0.80 | 0.69 | 0.84 | 0.89 | 0.79 | 0.95 | 0.93 | 0.80 | 0.70 | 0.75 | 0.78 |
| Depreciation | 0.32 | 0.91 | 0.80 | 0.71 | 0.82 | 0.65 | 0.62 | 0.58 | 0.56 | 0.54 | 0.65 | 0.67 |
| Profit before tax | 0.23 | -2.08 | -0.88 | -0.92 | 6.74 | 2.85 | 3.37 | 3.68 | 6.18 | 8.32 | 2.16 | 1.76 |
| Tax % | 21.74% | -1.44% | -0.00% | -0.00% | -0.00% | -4.21% | 1.19% | 11.68% | 5.50% | 2.40% | 18.06% | |
| Net Profit | 0.18 | -2.05 | -0.88 | -0.91 | 6.75 | 2.97 | 3.33 | 3.26 | 5.85 | 8.13 | 1.77 | 1.37 |
| EPS in Rs | 0.13 | -0.91 | -0.36 | -0.50 | 4.81 | 2.33 | 1.45 | 1.60 | 3.73 | 5.52 | 0.98 | 0.88 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 22% | 20% | -4% | -1% | ||
| Compounded Profit Growth | % | -13% | -10% | -84% | ||
| Stock Price CAGR | % | 5% | -14% | -38% | ||
| Return on Equity | 4% | 4% | 5% | 2% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 | 13.85 |
| Reserves | 19.46 | 25.11 | 26.14 | 27.56 | 37.94 | 45.97 | 52.28 | 55.41 | 61.21 | 91.48 | 129.20 | 53.24 |
| Borrowings | 0.86 | 5.01 | 10.48 | 8.74 | 9.69 | 11.29 | 10.48 | 11.55 | 13.55 | 11.62 | 9.18 | 12.69 |
| Other Liabilities | 2.90 | 2.15 | 3.41 | 1.27 | 1.73 | 2.97 | 3.94 | 4.27 | 5.65 | 6.05 | 8.28 | 7.85 |
| Total Liabilities | 37.07 | 46.12 | 53.88 | 51.42 | 63.21 | 74.08 | 80.55 | 85.08 | 94.26 | 123.00 | 160.51 | 87.63 |
| Fixed Assets | 2.44 | 3.25 | 11.45 | 6.48 | 6.09 | 6.59 | 6.79 | 6.47 | 6.21 | 5.88 | 5.86 | 7.03 |
| CWIP | 0.02 | 5.27 | -0.00 | -0.00 | 1.18 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| Investments | 29.45 | 34.11 | 36.39 | 37.42 | 48.48 | 56.98 | 63.25 | 66.99 | 71.96 | 100.43 | 136.80 | 61.07 |
| Other Assets | 5.16 | 3.49 | 6.04 | 7.52 | 7.46 | 10.51 | 10.51 | 11.62 | 16.09 | 16.69 | 17.85 | 19.53 |
| Total Assets | 37.07 | 46.12 | 53.88 | 51.42 | 63.21 | 74.08 | 80.55 | 85.08 | 94.26 | 123.00 | 160.51 | 87.63 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.45 | 1.04 | -1.25 | -3.40 | 0.88 | -2.74 | 2.53 | 0.34 | 0.93 | 3.41 | 3.64 | -0.93 |
| Cash from Investing Activity | 0.01 | -6.05 | 3.41 | 1.81 | -1.40 | -0.14 | -0.85 | -0.47 | -1.90 | -0.71 | -0.46 | -2.22 |
| Cash from Financing Activity | 0.22 | 4.46 | 5.02 | 2.15 | -0.05 | 1.91 | -1.89 | 0.11 | 1.07 | -2.73 | -3.13 | 3.15 |
| Net Cash Flow | -0.22 | -0.55 | 7.17 | 0.55 | -0.57 | -0.97 | -0.20 | -0.02 | 0.09 | -0.03 | 0.05 | -0.01 |
| Free Cash Flow | -0.52 | -0.09 | 2.07 | -3.36 | -0.63 | -2.87 | 1.69 | 0.04 | 0.61 | 3.18 | 3.12 | -2.75 |
| CFO/OP | -105% | 389% | 119% | 618% | 176% | -225% | 256% | 16% | 28% | 142% | 157% | -21% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 43.71 | 23.76 | 80.90 | 100.40 | 38.04 | 66.18 | 88.57 | 44.86 | 22.52 | 49.12 | 59.02 | 27.99 |
| Inventory Days | 124.48 | 118.17 | 134.74 | 46.33 | 42.38 | 71.33 | 120.81 | 51.48 | 84.47 | 58.37 | 51.05 | 48.86 |
| Days Payable | 128.37 | 49.56 | 72.11 | 27.73 | 30.53 | 45.87 | 106.27 | 32.01 | 24.08 | 22.10 | 44.68 | 37.87 |
| Cash Conversion Cycle | 39.82 | 92.38 | 143.53 | 119.00 | 49.88 | 91.64 | 103.11 | 64.33 | 82.91 | 85.38 | 65.39 | 38.98 |
| Working Capital Days | 11.62 | 53.46 | 55.20 | 43.77 | 1.77 | 0.92 | -2.05 | 9.38 | 6.12 | 22.62 | 32.00 | -31.68 |
| ROCE % | 0.23% | -2.66% | -1.34% | -0.14% | 11.53% | 4.94% | 5.47% | 5.35% | 6.64% | 6.56% | 2.81% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% | 47.15% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.19% | 0.19% | 0.19% | 0.19% | 0.00% | 0.19% | 0.19% | 0.19% |
| Public | 52.85% | 52.84% | 52.86% | 52.86% | 52.66% | 52.66% | 52.65% | 52.67% | 52.85% | 52.66% | 52.66% | 52.66% |
| No. of Shareholders | 3,776 | 3,817 | 3,981 | 3,981 | 4,525 | 4,412 | 4,408 | 4,476 | 4,525 | 4,574 | 4,581 | 4,601 |
Fundamentals
Market Cap₹ 42.2 Cr.
Current Price₹ 30.5
Stock P/E34.6
Book Value₹ 48.4
ROCE2.81 %
ROE1.54 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-1%
Compounded Profit Growth (TTM)-84%
Consolidated figures.
Valuation
Market capRs 42 Cr
Enterprise valueRs 44 Cr
P/E (TTM)34.58x
Price to book0.63x
Price to sales1.00x
EV / EBITDA13.84x
EV / EBIT17.49x
EV / sales1.06x
Earnings yield2.89%
P/E, 3-year average18.82x
P/B, 3-year average0.63x
P/E, 5-year average20.01x
P/B, 5-year average0.63x
Profitability
Operating margin (excl. other income)8.46%
Operating margin (incl. other income)8.78%
EBITDA margin7.64%
Pre-tax margin4.19%
Net profit margin2.90%
Net margin, latest quarter4.64%
ROE1.29%
ROCE2.51%
ROA1.10%
ROE, 3-year average4.40%
ROCE, 3-year average5.33%
ROA, 3-year average3.75%
ROE, 5-year average3.85%
ROCE, 5-year average5.39%
ROA, 5-year average3.23%
ROIC (approx.)3.00%
Tax rate18.06%
Other income / net worth0.19%
Growth
Sales growth (latest year)-7.63%
Profit growth (latest year)-82.22%
Sales CAGR, 3 years-4.47%
Sales CAGR, 5 years20.40%
Profit CAGR, 3 years-15.07%
Profit CAGR, 5 years-15.89%
Sales growth QoQ102.16%
Sales growth YoY (latest quarter)8.87%
Profit growth YoY (latest quarter)-13.33%
Per share
EPS (TTM)Rs 0.88
EPS (latest year)Rs 0.98
EPS (latest quarter)Rs 0.66
EPS, 3-year averageRs 3.41
EPS, 5-year averageRs 2.66
Book value per shareRs 48.44
Sales per shareRs 30.35
Cash flow per shareRs -0.67
Free cash flow per shareRs -1.99
Efficiency
Asset turnover0.46x
Fixed asset turnover5.77x
Inventory turnover8.33x
Inventory days44 days
Debtor days28 days
Debtors turnover13.04x
Creditor days38 days
Cash conversion cycle39 days
Working capital days-32 days
Leverage
Total debtRs 13 Cr
Cash and bankRs 10 Cr
Net debtRs 2 Cr
Debt to equity0.19x
Net debt / EBITDA0.70x
Interest coverage3.26x
Owners' fund to total sources76.56%
Debt to assets14.48%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -2 Cr
Cash from Financing Activity (latest year)Rs 3 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs 1 Cr
Cash from ops / profit, 5 years0.33x
Statement figures
Net sales (TTM)Rs 42 Cr
Net sales (latest year)Rs 41 Cr
Sales (latest quarter)Rs 20 Cr
Operating profit excl. other income (latest year)Rs 3 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 33 Cr
Total expenditure (latest year)Rs 37 Cr
Total income (latest year)Rs 41 Cr
Share capitalRs 14 Cr
ReservesRs 53 Cr
Shareholders' fundsRs 67 Cr
Total assetsRs 88 Cr
Net blockRs 7 Cr
InvestmentsRs 61 Cr
ReceivablesRs 3 Cr
InventoryRs 4 Cr
Other liabilitiesRs 8 Cr
Shares outstanding (crore)1.39
Ownership
Promoter holding47.15% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 34.6 is at the 79th percentile of its own 6.4-year range
(median 16.1, low 1.2, high 53.4).
P/B 0.63 is at the 49th percentile (median 0.63).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | SIEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.1% | -2.8% | +2.7 pts |
| 1 month | -7.1% | -6.8% | -0.3 pts |
| 3 years | -36.1% | +14.2% | -50.3 pts |
| 5 years | +31.0% | +27.9% | +3.1 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was 43% of net profit over the last 3 years |
| explain | Debt up, profit down Borrowings up 38% while net profit fell in 2026 |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
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 2026Sales ₹20 Cr +8.9% vs Jun 2025.
Net profit ₹1 Cr -25.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Marico Ltd | 102,346 | 54.2 | 47.0 % |
| Patanjali Foods Ltd | 40,412 | 18.6 | 12.1 % |
| AWL Agri Business Ltd | 23,232 | 19.8 | 18.3 % |
| Gokul Agro Resources Ltd | 6,351 | 15.1 | 36.7 % |
| CIAN Agro Industries & Infrastructure Ltd | 3,115 | 9.67 | 12.3 % |
| Sundrop Brands Ltd | 2,831 | 101 | 1.93 % |
| Shri Venkatesh Refineries Ltd | 1,452 | 38.0 | 19.8 % |
| KN Agri Resources Ltd | 500 | 14.0 | 13.6 % |
| Gokul Refoils and Solvent Ltd | 386 | 18.6 | 8.25 % |
| Kriti Nutrients Ltd | 364 | 10.8 | 20.0 % |
| Integrated Proteins Ltd | 249 | 429 | 1.26 % |
| Vijay Solvex Ltd | 207 | 8.69 | 9.00 % |
| Ramdevbaba Solvent Ltd | 204 | 17.8 | 5.39 % |
| Ajanta Soya Ltd | 183 | 12.7 | 8.87 % |
| Prime Industries Ltd | 177 | 19.8 | 26.9 % |
No bulk or block deals on record.
No corporate actions on record.
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.
Less than 100 unique PAN traded in previous 30 daysLong Term Additional Surveillance Measure (Long Term ASM): stage 1