Flash Finance

SEL Manufacturing Company LimitedSELMCCorporate

Textiles - Cotton/Blended Latest results: Mar 2024 13 quarters of data
Consolidated Standalone
₹22.65
MCap ₹75 Cr
SEL Manufacturing Company Limited — Stock analysis & AI research SEL Manufacturing Company Limited — Seasonality — best & worst months SEL Manufacturing Company Limited — Live exchange announcements
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹28 Cr
Sales · Mar 2024
-87.7% YoY
₹-4 Cr
Operating Profit · Mar 2024
+82.6% YoY
-14.3%
OPM % · Mar 2024
-41.6% YoY
₹-42 Cr
Net Profit · Mar 2024
+32.3% YoY
₹-12.53
EPS · Mar 2024
+33.1% YoY

📝 SEL Manufacturing Company Limited — results explained

Quarter ended March 2024 (Q4 FY24)

SEL Manufacturing Company Limited reported revenue of ₹28 crore for the quarter ended March 2024 (Q4 FY24), down 87.7% from ₹228 crore in the same quarter last year, and up 133.3% sequentially over the December 2023 quarter.

The company reported a net loss of ₹42 crore, against a net loss of ₹62 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-12.53.

Operating profit stood at ₹-4 crore — an operating margin (OPM) of -14.3%, compared with -10.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, SEL Manufacturing Company Limited posted revenue of ₹374 crore, a decline of 32.6% over FY23, with a net loss of ₹194 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹374 crore with a net loss of ₹194 crore.

Valuation snapshot

At the current price of ₹22.65, SELMC has a market capitalisation of ₹75 crore.

Within the Textiles - Cotton/Blended industry, it is the 23rd-largest of the 29 companies we track by market value.

Shareholding pattern

As of Mar 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.08%, domestic institutional investors (DIIs) 10.81%, public shareholders 14.11% of SEL Manufacturing Company Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹75 Cr
Current Price ?
₹22.6
P/E ?
N/A
Industry P/E ?
17.40
P/B ?
-0.19
P/S ?
0.20
P/FCF ?
0.96
Enterprise Value ?
₹1,060 Cr
EV/EBITDA ?
-19.28
PEG ?
N/A
Earnings Yield ?
-14.1%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹374 Cr
OPM ?
-14.7%
Profit after tax (TTM) ?
₹-194 Cr
EPS (TTM) ?
₹-58.47
ROCE ?
-14.0%
ROE ?
48.5%
ROA ?
-22.6%
Growth
Sales — latest qtr ?
₹28 Cr
PAT — latest qtr ?
₹-42 Cr
YoY qtr sales growth ?
-87.7%
YoY qtr profit growth ?
32.3%
Sales growth (3y) ?
25%
Sales growth (5y) ?
-9%
Profit growth (3y) ?
5%
Profit growth (5y) ?
-18%
Financial Health
Debt ?
₹985 Cr
Debt to Equity ?
-2.46
Interest Coverage ?
-2.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
75.00%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-21.5%
Return 6 months ?
-30.5%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024 YoY % QoQ %
Sales 328010711711611866143228238961228 -87.7% +133.3%
Operating Profit -89-7-633-20-17-11-23-24-21-6-4 +82.6% +33.3%
Other Income 2,71112167242-21-2171 +150.0% -94.1%
Interest 177781110111215151515 +25.0% +0.0%
Depreciation -1282626252725252524242423 -8.0% -4.2%
Profit Before Tax 2,622-42-37-28-24-51-28-45-62-62-62-28-42 +32.3% -50.0%
Net Profit 2,622-42-37-28-24-51-28-45-62-62-62-28-42 +32.3% -50.0%
EPS 791.38-12.54-11.24-8.54-7.30-15.35-8.40-13.64-18.72-18.68-18.58-8.43-12.53 +33.1% -48.6%
OPM % -278.1% -8.8% -5.6% 2.6% 2.6% -16.9% -25.8% -7.7% -10.1% -10.1% -21.9% -50.0% -14.3% -41.6% +71.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY23 FY24 TTM YoY %
Sales ₹555 Cr ₹374 Cr ₹374 Cr -32.6%
Operating Profit ₹-71 Cr ₹-55 Cr ₹-55 Cr +22.5%
OPM % -12.79% -14.71% -14.71% -15.0%
NPM % -33.51% -51.87% -51.87% -54.8%
Other Income ₹31 Cr ₹17 Cr ₹17 Cr -45.2%
Depreciation ₹102 Cr ₹95 Cr ₹95 Cr -6.9%
Interest ₹44 Cr ₹60 Cr ₹60 Cr +36.4%
EBIT ₹-173 Cr ₹-150 Cr ₹-150 Cr +13.3%
PBT ₹-186 Cr ₹-194 Cr ₹-194 Cr -4.3%
Tax — — — —
Net Profit ₹-186 Cr ₹-194 Cr ₹-194 Cr -4.3%
EPS ₹-56.11 ₹-58.22 ₹-58.22 -3.8%
Material Cost — — — —
Employee Cost — — — —
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 33333333 +0.0%
Reserves 115-90-242-433 -78.9%
Borrowings 932940962985 +2.4%
Other Liabilities 144172196274 +39.8%
Total Liabilities 1,2251,055948859 -9.4%
Fixed Assets 1,073977883795 -10.0%
CWIP 42424242 +0.0%
Investments 1100 —
Other Assets 109342322 -4.3%
Total Assets 1,2251,055948859 -9.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 44376778 +16.4%
Cash from Investing Activity 16152-0 -100.0%
Cash from Financing Activity -60-52-70-78 -11.4%
Net Cash Flow 00-0-0 —
Free Cash Flow 59416878 +14.7%
CFO/OP -62%-67%-686%-1,464% -113.4%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 411013 +30.0%
Inventory Days 4419163557 +241.7%
Days Payable 701069293,272 +252.2%
Cash Conversion Cycle -22-86-757-2,702 -256.9%
Working Capital Days -60-260-5,436-18,394 -238.4%
ROCE % -14%-15%-13%-14% -7.7%

👥 Shareholding (latest 4 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026 % Chg
Promoters 75.00%75.00%75.00%75.00% +0.0%
FIIs 0.13%0.13%0.08%0.08% +0.0%
DIIs 11.72%11.54%11.19%10.81% -3.4%
Public 13.15%13.32%13.74%14.11% +2.7%
No. of Shareholders 25,24625,02324,83924,432 -1.6%

⚖️ Peer comparison

Industry: Textiles - Cotton/Blended · top 25 of 29 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ARVIND Arvind ₹585.40 15,925 37.1 9,303 428 10.8% 4.6% 11.7% 16.2% 14.9% 6.5%
2 ICIL Indo Count ₹440.00 8,714 50.9 3,184 171 10.2% 5.4% -17.5% -39.0% 10.0% 65.8%
3 SANATHAN Sanathan Textiles ₹520.70 4,395 72.4 4,401 61 7.3% 1.4% — — 79.2% -40.4%
4 NITINSPIN Nitin Spinners ₹608.95 3,424 16.2 3,296 212 15.1% 6.4% -2.8% 1.2% 10.3% 83.6%
5 PASHUPATI Pashupati Cotspin ₹78.69 1,242 78.4 699 16 4.8% 2.3% -13.3% -33.8% 9.7% 276.1%
6 NAHARSPING Nahar Spinning ₹269.00 970 44.8 3,218 21 4.9% 0.7% -2.0% 69.9% 4.7% 2.6%
7 RSWM RSWM ₹202.30 953 15.1 4,545 63 6.6% 1.4% -5.6% 230.4% -0.8% 134.8%
8 AMBIKCO Ambika Cotton ₹1,596.90 914 11.2 847 82 15.0% 9.6% 11.4% 9.1% 34.3% 60.6%
9 PRECOT Precot ₹626.00 751 14.7 925 51 14.5% 5.5% -4.6% 8.9% 19.1% 135.4%
10 SUTLEJTEX Sutlej Textiles ₹35.22 585 — 2,668 -55 3.6% -2.1% -3.8% -26.2% 15.4% 102.8%
11 NAHARINDUS Nahar Industrial ₹129.37 559 7.7 1,336 72 5.5% 5.4% -8.0% 179.7% -18.5% 510.6%
12 ABCOTS A B ₹202.35 444 31.4 333 14 12.6% 4.2% -19.4% 8.2% 51.4% 20.9%
13 GINNIFILA Ginni Filaments ₹41.06 352 9.9 370 35 16.0% 9.6% 14.8% 780.5% 1.3% -14.7%
14 DCMNVL DCM Nouvelle ₹174.05 325 11.5 1,062 28 8.3% 2.6% -4.5% -72.7% 13.8% 1620.6%
15 VARDMNPOLY Vardhman Polytex ₹5.95 287 — — — — — — — — —
16 ASHIMASYN Ashima ₹13.94 267 — 14 -20 -46.8% -140.7% -83.2% -6.7% 746.9% -313.5%
17 MARALOVER Maral Overseas ₹57.80 240 11.0 1,018 21 6.2% 2.1% -6.3% 108.3% 16.5% 146.0%
18 SHIVATEX Shiva Texyarn ₹165.00 227 22.2 338 10 9.5% 2.8% 5.5% -15.3% -3.1% -24.4%
19 BASML Bannari Amman ₹24.75 198 8.7 869 23 9.4% 2.6% -26.4% 24.3% 47234.8% 5610.7%
20 SALONA Salona Cotspin ₹273.90 144 63.0 633 2 5.6% 0.4% -31.9% 73.3% 1303.8% -58.1%
21 LAMBODHARA Lambodhara Textiles ₹122.81 127 10.3 233 12 11.4% 5.3% 2.7% 61.2% -8.8% 65.3%
22 SURYALAXMI Suryalakshmi Cotton ₹58.50 110 27.5 799 4 5.7% 0.5% 0.4% -14.3% 2.2% 61.2%
23 SELMC SEL Manufacturing ₹22.65 75 — 374 -194 -14.7% -51.9% -32.6% -4.3% -87.7% 32.3%
24 NAGREEKEXP Nagreeka Exports ₹22.89 72 22.4 595 3 3.2% 0.5% -3.3% -3.5% 92.5% 12.7%
25 AKSHAR Akshar Spintex ₹0.42 33 — 121 -6 -1.6% -4.6% 0.4% -66.7% 14.3% 148.4%
❓ Frequently asked questions
What was SEL Manufacturing Company Limited's revenue in Q4 FY24?
SEL Manufacturing Company Limited reported revenue of ₹28 crore for the quarter ended March 2024 (Q4 FY24), down 87.7% from ₹228 crore in the same quarter last year, and up 133.3% sequentially over the December 2023 quarter.
What was SEL Manufacturing Company Limited's net profit in Q4 FY24?
The company reported a net loss of ₹42 crore, against a net loss of ₹62 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-12.53.
What is SELMC's market capitalisation and P/E ratio?
At the current price of ₹22.65, SELMC has a market capitalisation of ₹75 crore.
Who owns SEL Manufacturing Company Limited? (shareholding pattern)
As of Mar 2026, promoters held 75.00%, foreign institutional investors (FIIs) 0.08%, domestic institutional investors (DIIs) 10.81%, public shareholders 14.11% of SEL Manufacturing Company Limited.
TTM ends 2024-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI