SEL Mfg. Co

Why is SEL Manufacturing Company Ltd falling/rising?

As of 07-Aug, SEL Manufacturing Company Ltd's stock price is declining at 27.29, down -2.19%, underperforming against the Sensex. Key factors include poor relative performance, declining moving averages, and reduced investor participation.

As of 07-Aug, SEL Manufacturing Company Ltd is experiencing a decline in its stock price, currently at 27.29, which reflects a change of -0.61 or -2.19%. The stock has underperformed compared to the benchmark Sensex, which has shown a positive return of +0.52% over the past week, while SEL Manufacturing's stock has decreased by -2.12%. <BR><BR>Over the last month, the stock has also fallen by -6.03%, contrasting with the Sensex's modest gain of +0.41%. Year-to-date, SEL Manufacturing's stock is down -11.17%, while the Sensex has only declined by -7.89%. This trend continues over a one-year period, where SEL Manufacturing has decreased by -9.93% compared to the Sensex's -2.63%. The three-year performance is particularly stark, with SEL Manufacturing down -76.87% against a +19.02% increase in the Sensex.<BR><BR>Today's performance indicates that the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend. Additionally, there has been a significant drop in investor participation, with delivery volume on 06 August falling by -74.59% compared to the 5-day average. This lack of interest from investors further contributes to the stock's downward movement. <BR><BR>Overall, the combination of poor performance relative to the benchmark, declining moving averages, and reduced investor participation are key factors contributing to the falling stock price of SEL Manufacturing Company Ltd.

Which are the latest news on SEL Mfg. Co?

Should I buy, sell or hold SEL Manufacturing Company Ltd?

When is the next results date for SEL Manufacturing Company Ltd?

The next results date for SEL Manufacturing Company Ltd is 06 August 2026.

The next results date for SEL Manufacturing Company Ltd is scheduled for 06 August 2026.

How big is SEL Mfg. Co?

As of 10th June, SEL Manufacturing Company Ltd has a market capitalization of 97.00 Cr, classifying it as a Micro Cap, with recent net sales of 374.27 Cr and a net loss of 192.95 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: SEL Manufacturing Company Ltd has a market capitalization of 97.00 Cr, which classifies it as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 374.27 Cr, while the sum of Net Profit for the same period shows a loss of 192.95 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024. Shareholder's Funds are recorded at a loss of 56.39 Cr, and Total Assets amount to 1,055.05 Cr.

Who are in the management team of SEL Mfg. Co?

The management team of SEL Mfg. Co includes Rajeev Bhalla (Managing Director), Naveen Arora (Whole-time Director), Rajiv Kumar Maheshwary (Chairman & Independent Director), Anukool Bhatnagar (Nominee), Aarti Sharma (Company Secretary), Dinesh Kumar Mehtani (Non-Executive Director), Shashank Rai (Non-Executive Director), and Ashwani Kumar (Independent Director). They are responsible for guiding the company's strategic direction and operations.

The management team of SEL Mfg. Co includes the following individuals:<BR><BR>1. **Rajeev Bhalla** - Managing Director<BR>2. **Naveen Arora** - Whole-time Director<BR>3. **Rajiv Kumar Maheshwary** - Chairman & Independent Director<BR>4. **Anukool Bhatnagar** - Nominee<BR>5. **Aarti Sharma** - Company Secretary<BR>6. **Dinesh Kumar Mehtani** - Non-Executive Director<BR>7. **Shashank Rai** - Non-Executive Director<BR>8. **Ashwani Kumar** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the SEL Mfg. Co?

SEL Mfg. Co's peers include Globe Enterprise, Rachit Prints, Surat Trade, APM Industries, Addi Industries, Gravity (India), Loyal Textile, Anand Rayons, Vippy Spinpro, and KG Petrochem. Rachit Prints shows the best performance with a 1-year return of 0.00%, while SEL Mfg. Co has a return of -18.10%.

Peers: The peers of SEL Mfg. Co are Globe Enterprise, Rachit Prints, Surat Trade, APM Industries, Addi Industries, Gravity (India), Loyal Textile, Anand Rayons, Vippy Spinpro, and KG Petrochem.<BR><BR>Quality Snapshot: Excellent management risk is observed at Rachit Prints, while Average management risk is found at Surat Trade and Addi Industries, and the rest have Below Average management risk. Good growth is seen at Rachit Prints and Gravity (India), while Below Average growth is present at SEL Mfg. Co, Surat Trade, APM Industries, Addi Industries, Loyal Textile, Anand Rayons, and the rest. Below Average capital structure is noted at Globe Enterprise, SEL Mfg. Co, Gravity (India), Loyal Textile, and the rest, while Good capital structure is found at APM Industries and Average capital structure at Anand Rayons.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Rachit Prints at 0.00%, while the peer with the lowest is Loyal Textile at -30.89%. SEL Mfg. Co's 1-year return is -18.10%, which is higher than Loyal Textile's but lower than Rachit Prints'. Additionally, Loyal Textile has a negative six-month return of -3.76%.

What does SEL Mfg. Co do?

SEL Manufacturing Company Ltd operates in the Garments & Apparels industry and reported net sales of 2 Cr and a net loss of 42 Cr for March 2026, with a market cap of INR 97 Cr. The company has a negative debt-equity ratio and no dividend yield.

Overview:<BR>SEL Manufacturing Company Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated as Saluja Exim Limited in 2000, underwent several name changes, and reverted to SEL Manufacturing Company Limited in 2004. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: -42 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 97 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -2.46<BR>- Return on Equity: 43.41%<BR>- Price to Book: -0.25<BR><BR>Contact Details:<BR>- Address: 274 Dhandari Khurd, G T Road Ludhiana Punjab : 141014<BR>- Tel: 91-0161-6611111<BR>- Email: ipo@selindia.in<BR>- Website: http://www.selindia.in

Are SEL Manufacturing Company Ltd latest results good or bad?

SEL Manufacturing Company Ltd's latest results are concerning, showing a net loss of ₹61.58 crores in Q3 FY26, marking seven consecutive quarters of losses. The company's negative book value and declining sales raise significant solvency and operational stability issues, indicating a high-risk investment.

SEL Manufacturing Company Ltd's latest results indicate a troubling financial situation. In Q3 FY26, the company reported a net loss of ₹61.58 crores, which worsened from a loss of ₹27.93 crores in the previous quarter. This marks a concerning trend of persistent losses, as the company has now faced seven consecutive quarters of negative net profit.<BR><BR>While net sales for Q3 FY26 were ₹96.12 crores, this reflects a dramatic 87.71% decline quarter-on-quarter, although there was a year-on-year growth of 46.41%. However, the volatility in revenue raises questions about the company's operational stability. The operating margin was reported at -22.03%, highlighting ongoing operational inefficiencies.<BR><BR>Moreover, the company has a negative book value of ₹-17.02 per share, indicating that its liabilities exceed its assets, which raises serious solvency concerns. The overall financial performance suggests that SEL Manufacturing is struggling with fundamental viability issues, making it a high-risk investment.<BR><BR>In summary, the latest results are indicative of a company in distress, with significant challenges that warrant caution from both existing shareholders and potential investors.

How has been the historical performance of SEL Mfg. Co?

SEL Mfg. Co has experienced significant financial decline, with net sales dropping from 1,262.54 Cr in Mar'18 to 374.27 Cr in Mar'24, and negative operating profit margins worsening to -14.73% in Mar'24. The company continues to report substantial losses, with a profit before tax of -192.95 Cr in Mar'24.

Answer:<BR>The historical performance of SEL Mfg. Co shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>SEL Mfg. Co's net sales have seen a decline from 1,262.54 Cr in Mar'18 to 374.27 Cr in Mar'24, with a notable drop from 554.37 Cr in Mar'23. The total operating income followed a similar trend, decreasing from 1,262.54 Cr in Mar'18 to 374.27 Cr in Mar'24. The raw material costs peaked at 773.42 Cr in Mar'18 but fell to 298.83 Cr in Mar'24. Operating profit margins have been negative, with -14.73% in Mar'24 compared to -12.85% in Mar'23 and -1.4% in Mar'22. The company reported a profit before tax of -192.95 Cr in Mar'24, slightly worse than -185.91 Cr in Mar'23, and a profit after tax of -192.95 Cr in Mar'24, reflecting ongoing losses. Total liabilities decreased from 3,330.48 Cr in Mar'19 to 1,055.05 Cr in Mar'24, while total assets also declined from 3,330.48 Cr in Mar'19 to 1,055.05 Cr in Mar'24. The cash flow from operating activities showed a slight improvement, with 37.00 Cr in Mar'24 compared to 44.00 Cr in Mar'23. Overall, SEL Mfg. Co has faced significant challenges, leading to a deteriorating financial position over the years.

Who are the top shareholders of the SEL Mfg. Co?

The top shareholders of SEL Mfg. Co. include Arr Ess Leading Edge Private Limited (75.0%), State Bank of India (7.51%), individual investors (11.17%), and foreign institutional investors (0.13%), with no mutual funds holding shares and promoters pledging 36% of their holdings.

The top shareholders of SEL Mfg. Co. include the following:<BR><BR>1. **Promoters**: They hold a significant majority of the shares, with Arr Ess Leading Edge Private Limited being the largest promoter, holding 75.0% of the company.<BR>2. **State Bank of India**: This is the highest public shareholder, owning 7.51% of the shares.<BR>3. **Individual Investors**: They collectively hold 11.17% of the company's shares.<BR>4. **Foreign Institutional Investors (FIIs)**: Three FIIs hold a small portion, accounting for 0.13% of the shares.<BR><BR>Additionally, it's worth noting that there are no mutual funds currently holding shares in the company, and the promoters have pledged 36% of their holdings.

Is SEL Mfg. Co overvalued or undervalued?

As of December 30, 2021, SEL Mfg. Co. is considered overvalued and risky due to negative financial ratios and poor performance compared to peers, indicating caution for potential investors.

As of 30 December 2021, the valuation grade for SEL Mfg. Co. moved from does not qualify to risky. The company is currently considered overvalued based on its financial ratios, which include a PE ratio of -0.62, an EV to EBITDA of -19.28, and a ROCE of -17.07%. In comparison to its peers, K P R Mill Ltd has a PE ratio of 47.51, while Trident shows a PE of 42.6, highlighting the significant disparity in valuation metrics.<BR><BR>The negative financial indicators and the company's recent performance, including a year-to-date return of -17.02% compared to the Sensex's 5.59%, further reinforce the overvaluation assessment. Given these factors, SEL Mfg. Co. appears to be in a precarious position within the garments and apparel industry, warranting caution for potential investors.

What is the technical trend for SEL Mfg. Co?

As of April 1, 2025, SEL Mfg. Co. shows a mildly bearish trend overall, influenced by short-term weakness in daily moving averages, despite some positive momentum indicated by weekly and monthly MACD and mixed signals from Bollinger Bands and KST.

As of 1 April 2025, the technical trend for SEL Mfg. Co has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a mildly bullish stance on the weekly but bearish on the monthly, indicating mixed signals. The KST is bullish on the weekly but bearish on the monthly, further contributing to the mixed outlook. The Dow Theory indicates a mildly bullish trend on the weekly, with no trend on the monthly. Overall, the current stance is mildly bearish, driven primarily by the daily moving averages and the mixed signals from other indicators.

Has SEL Mfg. Co declared dividend?

SEL Manufacturing Company Ltd has declared a 10% dividend, amounting to 1 per share, but the dividend yield is 0%. Despite significant price volatility, total returns over longer periods show substantial gains, while short-term returns have been negative.

SEL Manufacturing Company Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1 per share<BR>- Ex-date: 05 Feb 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -28.24%, the dividend return was 0%, resulting in a total return of -28.24%.<BR><BR>For the 1-year period, the price return was -45.13%, the dividend return was 0%, leading to a total return of -45.13%.<BR><BR>Over the 2-year period, the price return was -74.25%, with a dividend return of 0%, resulting in a total return of -74.25%.<BR><BR>In the 3-year period, the price return was -96.1%, the dividend return was 0%, culminating in a total return of -96.1%.<BR><BR>During the 4-year period, the price return was 3062.28%, with a dividend return of 0%, resulting in a total return of 3062.28%.<BR><BR>For the 5-year period, the price return was 7257.14%, the dividend return was 0%, leading to a total return of 7257.14%.<BR><BR>Overall, while SEL Manufacturing Company Ltd declared a dividend, the dividend yield remains at 0%. The total returns indicate significant volatility, with drastic declines in the short term followed by substantial gains over longer periods.