Sulabh Engineers & Services Ltd
Incorporated in 1983, Sulabh
Engineers and Services Ltd is
in the business of lending and
agricultural activities[1]
- Market Cap ₹ 25.3 Cr.
- Current Price ₹ 2.52
- High / Low ₹ 3.70 / 2.03
- Stock P/E 15.0
- Book Value ₹ 3.62
- Dividend Yield 0.00 %
- ROCE 4.69 %
- ROE 2.42 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.70 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 25.6%
- Company has a low return on equity of 4.50% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.85 | 2.07 | 5.23 | 4.84 | 8.01 | 3.82 | 2.47 | 3.74 | 3.63 | 3.69 | 5.46 | 4.42 | 4.74 | |
| Interest | 0.64 | 0.73 | 0.69 | 0.26 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.42 | 0.36 | 0.31 |
| 0.32 | 0.53 | 1.57 | 1.35 | 5.45 | 1.62 | 0.85 | 2.36 | 1.70 | 1.47 | 1.89 | 2.20 | 2.68 | |
| Financing Profit | 0.89 | 0.81 | 2.97 | 3.23 | 2.55 | 2.20 | 1.62 | 1.38 | 1.93 | 2.04 | 3.15 | 1.86 | 1.75 |
| Financing Margin % | 48.11% | 39.13% | 56.79% | 66.74% | 31.84% | 57.59% | 65.59% | 36.90% | 53.17% | 55.28% | 57.69% | 42.08% | 36.92% |
| 0.05 | 0.03 | 0.08 | 0.00 | 0.04 | 0.00 | 0.01 | 0.00 | 0.01 | 0.28 | 0.64 | 0.02 | 0.48 | |
| Depreciation | 0.12 | 0.08 | 0.09 | 0.06 | 0.06 | 0.11 | 0.19 | 0.15 | 0.16 | 0.13 | 0.11 | 0.08 | 0.08 |
| Profit before tax | 0.82 | 0.76 | 2.96 | 3.17 | 2.53 | 2.09 | 1.44 | 1.23 | 1.78 | 2.19 | 3.68 | 1.80 | 2.15 |
| Tax % | 34.15% | 26.32% | 7.43% | 4.73% | 0.00% | -0.96% | 25.69% | 10.57% | 17.42% | 20.09% | 11.68% | 5.00% | |
| 0.55 | 0.55 | 2.75 | 3.02 | 2.53 | 2.12 | 1.07 | 1.11 | 1.47 | 1.74 | 3.25 | 1.70 | 2.04 | |
| EPS in Rs | 0.05 | 0.05 | 0.27 | 0.30 | 0.15 | 0.12 | 0.08 | 0.11 | 0.11 | 0.14 | 0.24 | 0.09 | 0.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | 7% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 0% |
| 3 Years: | -9% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | -25% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 4% |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 | 10.05 |
| Reserves | 11.92 | 12.45 | 14.05 | 15.81 | 16.19 | 17.44 | 18.50 | 20.39 | 21.53 | 22.96 | 25.42 | 26.28 |
| Borrowing | 9.88 | 9.75 | 8.71 | 3.31 | 3.38 | 3.38 | 3.38 | 3.38 | 3.38 | 1.27 | 1.65 | 0.00 |
| 3.05 | 3.24 | 4.28 | 5.41 | 7.52 | 9.51 | 8.65 | 7.84 | 8.05 | 8.23 | 9.79 | 10.51 | |
| Total Liabilities | 34.90 | 35.49 | 37.09 | 34.58 | 37.14 | 40.38 | 40.58 | 41.66 | 43.01 | 42.51 | 46.91 | 46.84 |
| 19.81 | 19.73 | 19.77 | 22.92 | 22.90 | 23.54 | 23.35 | 23.34 | 23.19 | 23.12 | 22.74 | 22.66 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.21 | 1.44 | 3.19 | 2.59 | 3.32 | 3.00 | 2.60 | 1.46 | 2.89 | 8.55 | 6.32 | 8.87 |
| 13.88 | 14.32 | 14.13 | 9.07 | 10.92 | 13.84 | 14.63 | 16.86 | 16.93 | 10.84 | 17.85 | 15.31 | |
| Total Assets | 34.90 | 35.49 | 37.09 | 34.58 | 37.14 | 40.38 | 40.58 | 41.66 | 43.01 | 42.51 | 46.91 | 46.84 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.56 | 0.54 | 1.99 | 8.32 | 4.27 | 1.87 | 1.11 | 0.24 | 1.46 | -1.53 | -0.65 | 1.77 | |
| -0.56 | -0.23 | -1.75 | -2.61 | -0.03 | -0.75 | 0.00 | -0.14 | -0.01 | -0.06 | 0.27 | -0.01 | |
| 0.50 | -0.12 | -1.04 | -5.40 | -4.30 | -1.70 | -0.30 | 0.00 | 0.00 | -0.79 | 0.37 | -1.65 | |
| Net Cash Flow | -0.62 | 0.19 | -0.80 | 0.31 | -0.07 | -0.58 | 0.81 | 0.10 | 1.45 | -2.38 | 0.00 | 0.12 |
| Free Cash Flow | -0.57 | 0.54 | 1.99 | 5.11 | 4.24 | 1.12 | 1.11 | 0.10 | 1.45 | -1.59 | -0.38 | 1.76 |
| CFO/OP | -18% | 54% | 64% | 243% | 167% | 89% | 88% | 30% | 91% | -50% | -3% | 103% |
Ratios
Consolidated / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 2.53% | 2.47% | 11.80% | 12.09% | 5.87% | 4.65% | 3.03% | 3.76% | 3.68% | 4.40% | 6.76% | 2.42% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Carrying Amount of Loans (Loan Book) Rs. in Lakhs ・Standalone data |
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| Total Investments Portfolio Rs. in Lakhs ・Standalone data |
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| Trading Profit on Investments / F&O Rs. in Lakhs ・Standalone data |
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| ECL Provisions / Impairment Loss Allowance Rs. in Lakhs ・Standalone data |
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| Loans to Subsidiary (Inter-company) Rs. in Lakhs ・Standalone data |
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| Other Loans (Third Party) Rs. in Lakhs ・Standalone data |
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| New Disbursements Rs. in Lakhs ・Standalone data |
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| Stage 2 + Stage 3 (NPA) Loans Rs. in Lakhs ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Filed Regulation 74(5) certificate for quarter ended 30 September 2026; no physical share certificates received for dematerialization.
-
Board Meeting Intimation for Consideration And Approval Of Un-Audited (Standalone And Consolidated) Financial Results Of The Company For The Quarter/Half Year Ended On 30.09.2026 And Other Matters.
- Board meeting on 14 Oct 2026 to approve Q2 FY27 unaudited standalone and consolidated results.
-
Announcement Under Reg 30 Of SEBI (LODR) Regulations, 2015
- 43rd AGM approved related-party transactions up to ₹2 crore and reappointed Vimal Kumar Sharma as MD.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Shareholders approved ₹2 crore related-party transactions and reappointed Vimal Kumar Sharma as Managing Director on 28 September 2026.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from web
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
Business Overview:[1][2]
SESL is a registered non-systemically important, non-deposit taking NBFC engaged in lending to retail, SME, and commercial customers. It provides inclusive financial solutions tailored to individuals and organizations across multiple business needs including:
a) Margin Financing
SESL finances the long-term working capital requirements of businesses, helping clients manage liquidity and sustain operations efficiently.
b) Asset Financing
The company provides funding for asset acquisition, secured against the asset itself. Such financing can also be structured as bridge finance, with the exposure later transferred to another lender.
c) Promoter & Structured Financing
SESL offers promoter funding against shareholding to support capital investments and business expansion. It also provides structured debt solutions and customized financing linked to specific cash flows or asset-backed structures.
d) Stressed Asset Funding
The company supports revival of stressed assets through tailored debt or hybrid financing structures aimed at business turnaround and value recovery.