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SEL Manufacturing Overview

SEL Manufacturing Company Ltd engages in the processing of yarns and fabric, spinning, knitting in India and internationally. It gives knitted clothes, terry towels, knitted and processed fabric, and diverse types of yarn. The organisation, thru its subsidiary, SEL Aviation Pvt. Ltd., gives aviation services. SEL Manufacturing Company Ltd was founded in 1969 and is based totally in Ludhiana, India.

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SEL Manufacturing Key Financials

Market Cap ₹101 Cr.

Stock P/E -0.8

P/B -0.3

Current Price ₹30.6

Book Value ₹ -101.1

Face Value 10

52W High ₹44.2

Dividend Yield 0%

52W Low ₹ 25.7

SEL Manufacturing Share Price

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Volume
Price

SEL Manufacturing Quarterly Price

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SEL Manufacturing Peer Comparison

SEL Manufacturing Quarterly Results

#(Fig in Cr.) Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 21 5 5 3 6 5 2
Other Income 0 0 0 0 0 0 0
Total Income 21 5 5 3 6 5 2
Total Expenditure 24 7 7 5 7 7 4
Operating Profit -3 -2 -2 -2 -1 -1 -2
Interest 16 17 18 18 18 21 19
Depreciation 24 23 23 23 23 23 21
Exceptional Income / Expenses 11 -0 28 4 1 1 2
Profit Before Tax -32 -43 -16 -40 -41 -44 -41
Provision for Tax 0 0 0 0 0 0 0
Profit After Tax -32 -43 -16 -40 -41 -44 -41
Adjustments -0 0 0 0 0 0 0
Profit After Adjustments -32 -43 -16 -40 -41 -44 -41
Adjusted Earnings Per Share -9.5 -13 -4.8 -12.1 -12.4 -13.3 -12.3

SEL Manufacturing Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 2326 1948 1713 989 459 291 190 420 554 374 33 16
Other Income 123 110 90 49 75 77 2 7 20 2 0 0
Total Income 2448 2058 1803 1038 535 368 193 427 574 376 33 16
Total Expenditure 2040 1689 2194 1261 489 352 332 426 626 429 43 23
Operating Profit 408 370 -391 -223 46 16 -139 1 -51 -53 -9 -6
Interest 248 342 123 8 3 1 2 30 43 60 70 76
Depreciation 293 285 114 112 109 108 107 106 102 95 94 90
Exceptional Income / Expenses 0 -301 -227 -1325 -169 -2447 5352 3 10 15 42 8
Profit Before Tax -133 -558 -854 -1667 -236 -2541 5104 -131 -186 -193 -131 -166
Provision for Tax -42 -156 -297 555 0 0 0 0 0 0 0 0
Profit After Tax -91 -402 -558 -2222 -236 -2541 5104 -131 -186 -193 -131 -166
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -91 -402 -558 -2222 -236 -2541 5104 -131 -186 -193 -131 -166
Adjusted Earnings Per Share -2.7 -12.1 -16.8 -67.1 -7.1 -76.7 1540.4 -39.6 -56.1 -58.2 -39.5 -50.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -91% -57% -35% -35%
Operating Profit CAGR 0% NAN% NAN% NAN%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -16% -42% 93% 25%
ROE Average 0% -170% -110% -66%
ROCE Average -7% -11% 68% 16%

SEL Manufacturing Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 1158 722 202 -2034 -2270 -4818 416 264 148 -56 -209
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 2598 2554 2222 1917 1585 1181 958 992 895 819 653
Other Non-Current Liabilities -46 -237 -511 3 1 1 2 6 5 1 1
Total Current Liabilities 1734 2055 2320 4488 4810 5231 116 100 165 293 504
Total Liabilities 5443 5094 4233 4374 4127 1595 1492 1385 1225 1055 948
Fixed Assets 2123 1838 1756 1615 1506 1399 1281 1174 1073 977 883
Other Non-Current Assets 834 511 264 2206 2201 54 63 63 64 49 47
Total Current Assets 2486 2744 2213 553 419 142 148 134 81 29 18
Total Assets 5443 5094 4233 4374 4127 1595 1492 1385 1225 1055 948

SEL Manufacturing Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 13 47 19 8 3 5 2 7 3 3 3
Cash Flow from Operating Activities -415 105 344 253 363 -10 891 35 44 37 67
Cash Flow from Investing Activities -11 21 -8 -1954 -17 4 -8 3 16 15 2
Cash Flow from Financing Activities 460 -137 -347 1695 -343 3 -878 -43 -60 -52 -70
Net Cash Inflow / Outflow 34 -10 -11 -6 2 -3 5 -4 0 0 -0
Closing Cash & Cash Equivalent 47 37 8 3 5 2 7 3 3 3 3

SEL Manufacturing Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -2.74 -12.13 -16.83 -67.05 -7.12 -76.69 1540.36 -39.63 -56.11 -58.23 -39.45
CEPS(Rs) 6.11 -3.54 -13.38 -63.68 -3.84 -73.43 1572.72 -7.74 -25.45 -29.51 -11.16
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 32.83 21.78 6.1 -61.39 -68.49 -145.4 125.6 79.57 44.79 -17.02 -63.11
Core EBITDA Margin(%) 12.27 13.3 -28.08 -27.47 -6.49 -20.99 -74.46 -1.41 -12.85 -14.73 -29.71
EBIT Margin(%) 4.93 -11.07 -42.72 -167.73 -50.66 -872.66 2681.79 -24.22 -25.75 -35.63 -185.52
Pre Tax Margin(%) -5.72 -28.65 -49.88 -168.53 -51.4 -873.07 2680.86 -31.25 -33.54 -51.55 -397.7
PAT Margin (%) -3.9 -20.64 -32.55 -224.59 -51.4 -873.07 2680.86 -31.25 -33.54 -51.55 -397.7
Cash Profit Margin (%) 8.71 -6.03 -25.89 -213.3 -27.69 -836.02 2737.18 -6.11 -15.21 -26.13 -112.5
ROA(%) -1.72 -7.63 -11.96 -51.63 -5.55 -88.81 330.6 -9.13 -14.25 -16.92 -13.05
ROE(%) -7.99 -44.42 -120.69 0 0 0 0 -38.63 -90.23 -419.33 0
ROCE(%) 2.35 -4.27 -15.71 -39.23 -5.84 -98.01 378.65 -7.67 -12.1 -13.58 -7.46
Receivable days 122.32 153.8 202.37 209.46 70.81 71.32 128.12 51.76 20.58 3.28 9.34
Inventory Days 150.97 244.03 238.11 168.31 50.53 54.18 47.96 25.35 29.11 34.05 145.38
Payable days 53.06 61.62 33.68 45.92 196.38 385.53 1239.24 74.5 45.17 99.76 1278.81
PER(x) 0 0 0 0 0 0 0 0 0 0 0
Price/Book(x) 0.11 0.15 0.51 -0.03 -0.02 -0 0.01 5.63 3.54 -4.08 -0.44
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.77 2.21 2.48 6.27 13.43 21.14 4.98 5.93 2.62 3.12 31.94
EV/Core EBITDA(x) 10.07 11.67 -10.85 -27.83 135.18 396.43 -6.81 3862.08 -28.28 -21.84 -110.66
Net Sales Growth(%) -21.32 -16.25 -12.06 -42.24 -53.59 -36.61 -34.59 120.68 31.95 -32.49 -91.22
EBIT Growth(%) 230.86 -288 -239.44 -126.74 85.98 -991.97 301.03 -101.99 -40.28 6.6 54.27
PAT Growth(%) 64.51 -343.39 -38.71 -298.49 89.38 -976.86 300.86 -102.57 -41.59 -3.79 32.25
EPS Growth(%) 64.51 -343.4 -38.71 -298.49 89.38 -976.86 2108.62 -102.57 -41.59 -3.79 32.25
Debt/Equity(x) 3.43 5.88 20.54 -3.02 -2.7 -1.27 2.3 3.85 6.28 -16.67 -4.6
Current Ratio(x) 1.43 1.34 0.95 0.12 0.09 0.03 1.27 1.34 0.49 0.1 0.04
Quick Ratio(x) 0.73 0.66 0.59 0.11 0.07 0.02 1.08 0.98 0.17 0.04 0.02
Interest Cover(x) 0.46 -0.63 -5.97 -211.55 -68.91 -2098.14 2887.03 -3.45 -3.31 -2.24 -0.87
Total Debt/Mcap(x) 34.44 39.75 40.29 95.5 154.15 452.01 25.35 0.68 1.77 4.09 10.49

SEL Manufacturing Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Mar 2026
Promoter 75 75 75 75 75 75 75 75 75 75
FII 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.13 0.08
DII 21.32 19.55 19.21 18.36 13.91 12.78 11.8 11.72 11.54 10.81
Public 3.55 5.33 5.66 6.51 10.97 12.09 13.07 13.15 13.33 14.11
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

SEL Manufacturing News

SEL Manufacturing Pros & Cons

Pros

  • Stock is trading at -0.3 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of -170% over the last 3 years.
  • Debtor days have increased from 99.76 to 1278.81days.
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