Sulabh Engineers & Services Ltd
Incorporated in 1983, Sulabh
Engineers and Services Ltd is
in the business of lending and
agricultural activities[1]
- Market Cap ₹ 29.7 Cr.
- Current Price ₹ 2.96
- High / Low ₹ 4.22 / 2.03
- Stock P/E 17.6
- Book Value ₹ 3.62
- Dividend Yield 0.00 %
- ROCE 4.69 %
- ROE 2.41 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.82 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.57% over past five years.
- Promoter holding is low: 25.6%
- Company has a low return on equity of 4.62% 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 | 5.63 | 3.90 | 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 | 3.32 | 1.34 | 1.75 |
| Financing Margin % | 48.11% | 39.13% | 56.79% | 66.74% | 31.84% | 57.59% | 65.59% | 36.90% | 53.17% | 55.28% | 58.97% | 34.36% | 36.92% |
| 0.05 | 0.03 | 0.08 | 0.00 | 0.04 | 0.00 | 0.01 | 0.00 | 0.01 | 0.28 | 0.47 | 0.54 | 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 | 1.48 | 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 | 0.15 | 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: | 7% |
| 5 Years: | 10% |
| 3 Years: | 2% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 0% |
| 3 Years: | -16% |
| TTM: | -16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | -8% |
| 1 Year: | -16% |
| 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 | 25.88 | 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 | 9.33 | 10.54 | |
| Total Liabilities | 34.90 | 35.49 | 37.09 | 34.58 | 37.14 | 40.38 | 40.58 | 41.66 | 43.01 | 42.51 | 46.91 | 46.87 |
| 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 | 15.34 | |
| Total Assets | 34.90 | 35.49 | 37.09 | 34.58 | 37.14 | 40.38 | 40.58 | 41.66 | 43.01 | 42.51 | 46.91 | 46.87 |
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% | 135% |
Ratios
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 2.53% | 2.47% | 11.80% | 12.09% | 5.87% | 4.65% | 3.03% | 3.76% | 4.77% | 4.40% | 7.14% | 2.41% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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
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Financial Results For The Quarter Ended On 30.06.2026
3h - Board approved Q1 FY27 unaudited results on July 14, 2026; standalone profit ₹87.31 lakh, consolidated ₹96.91 lakh.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 14.07.2026
3h - Board approved Q1 FY27 standalone and consolidated results on July 14, 2026; limited review report unmodified.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
4 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026; no physical share certificates received for dematerialization.
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Board Meeting Intimation for For Consideration And Approval Of Un Audited (Standalone And Consolidated) Financial Results Of The Company For The Quarter Ended On June 30, 2026 And Other Matters.
4 Jul - Board meeting on July 14, 2026 to approve Q1 FY27 results and note secretarial audit report.
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Closure of Trading Window
22 Jun - Trading window closed from July 1, 2026; Q1 FY2027 results to follow.
Annual reports
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Financial Year 2025
from web
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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.