Sellwin Traders Ltd (538875)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Sellwin Traders' revenue was ₹14.2 Cr (-35.0% year on year, -48.7% on the previous quarter), and net profit ₹0.4 Cr (-86.8% year on year); the operating margin was 3.6%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹14.2 | -35.0% | -48.7% |
| Operating profit | ₹0.5 | -74.6% | +2.8% |
| Net profit | ₹0.4 | -86.8% | -20.5% |
| EPS (₹) | 0.02 | -85.7% | +0.0% |
| Operating margin | 3.6% | — | — |
📢 Recent Corporate Announcements
Sellwin Traders Ltd has submitted its statement of fund utilization for the quarter ended June 30, 2026, regarding the ₹925.08 lakhs raised through a preferential issue of convertible warrants on April 4, 2025. The company reported zero deviation from the original objects of the issue. As of the reporting date, ₹472.88 lakhs has been fully utilized for working capital requirements, and ₹259.29 lakhs has been deployed for investments. This filing is a routine regulatory requirement to ensure transparency in capital usage.
- Total amount raised through preferential allotment of convertible warrants is ₹925.08 lakhs
- Funds utilized for working capital requirements reached ₹472.88 lakhs as of June 30, 2026
- Investment utilization stood at ₹259.29 lakhs against an original allocation of ₹260.00 lakhs
- The company confirmed zero deviation or variation in the use of funds for the reported quarter
- Funds were originally raised on April 4, 2025
Sellwin Traders reported a weak Q1 FY27 with consolidated revenue falling 35% YoY to ₹14.21 Cr. Net profit saw a sharp decline of 86.8% YoY, dropping from ₹3.14 Cr to ₹0.41 Cr. On a standalone basis, the performance was even more muted with a net profit of just ₹0.30 Cr compared to ₹3.07 Cr in the year-ago period. The decline is primarily driven by lower trading volumes, with consolidated purchases of stock-in-trade falling from ₹19.57 Cr to ₹13.33 Cr YoY.
- Consolidated Revenue from operations decreased 35% YoY to ₹14.21 Cr from ₹21.85 Cr.
- Consolidated Net Profit fell 86.8% YoY to ₹0.41 Cr from ₹3.14 Cr.
- Standalone Revenue dropped 27.8% YoY to ₹9.09 Cr from ₹12.59 Cr.
- Consolidated EPS declined to ₹0.02 from ₹0.14 in the year-ago quarter.
- Purchases of Stock-in-Trade (Consolidated) reduced to ₹13.33 Cr from ₹19.57 Cr YoY.
Sellwin Traders Ltd has approved its standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. The board meeting was held on August 10, 2026, lasting 30 minutes from 12:30 P.M. to 1:00 P.M. This is a routine regulatory filing following the end of the first quarter. Investors should assess these results against the company's TTM revenue of Rs 46 crore and its relatively thin operating margin of 4.55% reported in FY26.
- Board approved standalone and consolidated unaudited financial results for the quarter ended June 30, 2026.
- The board meeting concluded within 30 minutes on August 10, 2026.
- Company reported a TTM PAT of Rs 3 crore prior to this announcement.
- FY26 annual revenue stood at Rs 45.52 crore with an operating margin of 4.55%.
Sellwin Traders Ltd has filed an appeal before the Securities Appellate Tribunal (SAT), Mumbai, challenging a Show Cause-cum-Interim Order issued by BSE Limited. This regulatory order has resulted in the suspension of trading for the company's equity shares. The company is seeking an interim stay on the suspension, citing substantial prejudice to its shareholders. This legal move follows a period where the company's market cap has settled at ₹99 Cr with a 6-month price decline of 43.4%.
- Appeal filed on August 6, 2026, before the Securities Appellate Tribunal (SAT) against BSE's interim order.
- Trading in equity shares is currently suspended by BSE Limited as per the impugned order.
- Company has applied for an interim stay to restore trading liquidity for its stakeholders.
- Market capitalization stands at ₹99 Cr with TTM revenue of ₹46 Cr as of the announcement date.
Sellwin Traders Ltd has announced a board meeting on August 10, 2026, to approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company enters this quarter following a FY26 performance that saw total revenue of Rs 45.52 Cr and a net profit of Rs 2.92 Cr. Investors will be monitoring for consistency, as the company experienced significant quarterly volatility in the previous year, including a Rs 3.29 Cr loss in Dec 2025 followed by a Rs 0.61 Cr profit in Mar 2026. The company remains debt-free with a net worth of Rs 85 Cr.
- Board meeting scheduled for August 10, 2026, to approve Q1 results.
- Results pertain to the first quarter ended June 30, 2026.
- Company reported TTM revenue of Rs 46 Cr and TTM PAT of Rs 3 Cr.
- Market capitalization is currently Rs 99 Cr with a debt-to-equity ratio of 0.00.
Sellwin Traders Ltd is currently under a temporary trading suspension on the BSE following an interim order related to the non-accessibility of its former registered office. The company has since relocated its registered office to Jodhpur Gardens, Kolkata, and completed physical inspections by Exchange officials at both its registered and corporate offices. Management states that business operations have continued uninterrupted and all procedural formalities for the revocation of the suspension have been completed. The company is now awaiting the BSE's internal process to restore trading, which impacts over 20,000 public shareholders.
- Trading suspended due to an interim order regarding non-accessibility of the previous office at Old China Bazar Street
- Relocated registered office to 214, Jodhpur Gardens, Kolkata to resolve compliance issues
- Over 20,000 public shareholders are currently impacted by the lack of liquidity
- Physical inspections by BSE officials have been completed at both the Registered and Corporate offices
- Company claims business operations and statutory records remained functional throughout the period
Financial Performance
Revenue Growth by Segment
The company reported overall revenue growth for the financial year ended March 31, 2025, particularly in its core trading and investment operations; however, specific percentage growth for the real estate, infrastructure, or capital market segments was not disclosed in available documents.
Geographic Revenue Split
The company operates primarily in India with a registered office in Kolkata and a corporate office in Mumbai; while it plans to expand into newer geographies, the specific percentage split of revenue by region is not disclosed.
Profitability Margins
Management is focused on enhancing operational margins and reported that the company is generally profit-making with no cash losses in the current or previous financial year; however, specific Gross, Operating, and Net margin percentages were not disclosed.
Credit Rating & Borrowing
The company expects declining interest rates to ease liquidity concerns, suggesting sensitivity to borrowing costs; however, a specific credit rating or interest rate percentage was not disclosed.
Operational Drivers
Raw Materials
As a trading entity focused on real estate and infrastructure, the company does not consume raw materials directly but is sensitive to the pricing of construction materials such as steel and cement which impact its target sectors.
Strategic Growth
Growth Strategy
The company aims to achieve growth by exploring niche and emerging segments and expanding into newer geographies. This strategy is supported by a focus on sustainable long-term performance, cost optimization, and capitalizing on early signs of demand recovery in the real estate and capital markets as liquidity eases.
Products & Services
Trading and investment services specifically targeting the real estate, infrastructure, and capital markets sectors.
Brand Portfolio
Sellwin Traders Limited.
New Products/Services
The company intends to explore growth in newer vertical segments and geographies, though specific new product names or their expected revenue contribution percentages were not disclosed.
Market Expansion
Market expansion plans involve targeting newer geographies and emerging segments within the Indian economic landscape to diversify its core business.
Strategic Alliances
The company made investments in a subsidiary company during FY2024-25, indicating a strategic move toward a group structure, though specific partner names were not disclosed.
External Factors
Industry Trends
The real estate and infrastructure sectors saw muted absorption and market inertia in FY2024-25 due to a lack of major policy interventions; however, the industry is expected to recover as declining interest rates and renewed momentum in public capital markets ease liquidity concerns.
Competitive Landscape
The company operates in a volatile market environment, competing within the Indian real estate, infrastructure, and capital markets sectors against other trading and investment firms.
Competitive Moat
The company's moat is built on its focus on niche and emerging segments within real estate and capital markets, which allows it to capture specialized demand; however, the sustainability of this advantage depends on its ability to navigate regulatory changes and maintain operational efficiency.
Macro Economic Sensitivity
The company is highly sensitive to GDP growth and inflation; management noted that inflation remaining within the RBI's tolerance range has enhanced financial stability for its operations.
Consumer Behavior
Muted absorption rates in key regions reflect a cautious consumer sentiment in the real estate sector, which the company is monitoring to align its trading strategies with shifting demand.
Geopolitical Risks
Global headwinds, including geopolitical tensions and fluctuating commodity prices, are cited as factors that could impact growth momentum and market sentiment.
Regulatory & Governance
Industry Regulations
The company is subject to the Companies Act 2013 and SEBI regulations. It was specifically noted for non-compliance with Accounting Standard-15 (AS-15) regarding the provision for employee gratuity and for failing to maintain a continuous audit trail in its accounting software throughout the year.
Taxation Policy Impact
The company is generally regular in depositing undisputed statutory dues including GST and Income Tax; specific tax rate percentages were not disclosed.
Legal Contingencies
The company reports zero pending litigations that would impact its financial position as of March 31, 2025.
Risk Analysis
Key Uncertainties
Key business risks include regulatory changes, inflationary pressures, and internal control weaknesses such as the failure to maintain detailed fixed asset records and the inconsistent operation of the audit trail facility.
Geographic Concentration Risk
Operations are concentrated in India, with key offices in Kolkata and Mumbai, representing a significant regional concentration risk if demand in these hubs fluctuates.
Technology Obsolescence Risk
The company faces technology-related risks as its accounting software's audit trail (edit log) facility was not operated throughout the year, potentially compromising the integrity of financial transaction records.
Credit & Counterparty Risk
The auditor found no material uncertainty regarding the company's ability to meet its financial liabilities as they fall due within one year from the balance sheet date.
