Salem Erode Investments Ltd

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Salem Erode Inv. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
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Salem Erode Investments Ltd

₹ 24.8 -0.08%
30 Sep - close price
salemerode.com BSE: 540181
About

Incorporated in 1931, Salem Erode Investments Ltd is an NBFC specializing in gold loan
financing.[1]

Key Points

Business Overview:[1][2]
SEIL is registered as a non-banking financial company, which is primarily engaged in gold
loan financing and lending to ICL Fincorp Limited, through Intercorporate Deposits (ICD). It is operating out of 38 branches, in Tamil Nadu and Odisha with 1681 active customer base

Website BSE
  • Market Cap ₹ 56.8 Cr.
  • Current Price ₹ 24.8
  • High / Low ₹ 36.3 / 22.6
  • Stock P/E
  • Book Value ₹ 6.35
  • Dividend Yield 0.00 %
  • ROCE -10.3 %
  • ROE -28.6 %
  • Face Value ₹ 1.00
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Pros

Cons

  • Stock is trading at 3.90 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 7.24% over past five years.
  • Company has a low return on equity of -17.9% 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.

Peer comparison

Financial Services Financial Services Finance Non Banking Financial Company (NBFC)

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
1.16 1.02 0.98 0.94 0.95 1.20 0.81 0.89 1.09 0.89 0.82 0.71 0.89
Interest 0.34 0.34 0.25 0.67 0.66 0.55 0.72 0.42 0.43 0.43 0.44 0.45 0.44
0.63 0.60 0.81 1.42 1.25 1.11 1.20 1.37 1.35 1.40 1.35 1.44 1.47
Financing Profit 0.19 0.08 -0.08 -1.15 -0.96 -0.46 -1.11 -0.90 -0.69 -0.94 -0.97 -1.18 -1.02
Financing Margin % 16.38% 7.84% -8.16% -122.34% -101.05% -38.33% -137.04% -101.12% -63.30% -105.62% -118.29% -166.20% -114.61%
0.01 0.01 0.02 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02
Depreciation 0.13 0.16 0.19 0.38 0.40 0.42 0.39 0.38 0.31 0.31 0.31 0.30 0.26
Profit before tax 0.07 -0.07 -0.25 -1.51 -1.34 -0.87 -1.49 -1.27 -0.99 -1.24 -1.27 -1.46 -1.26
Tax % 57.14% 14.29% -4.00% 1.32% -2.24% -2.30% -8.05% -4.72% 0.00% -2.42% -1.57% -4.79% 3.97%
0.02 -0.08 -0.24 -1.53 -1.30 -0.85 -1.36 -1.21 -0.99 -1.20 -1.26 -1.40 -1.31
EPS in Rs 0.01 -0.03 -0.10 -0.67 -0.57 -0.37 -0.59 -0.53 -0.43 -0.52 -0.55 -0.61 -0.57
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
0.94 11.33 1.35 1.42 1.34 1.21 2.51 2.79 4.03 4.14 3.90 3.56 3.31
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.23 1.59 1.61 2.37 1.78 1.76
0.15 0.18 0.78 0.30 0.72 1.26 0.53 1.17 2.11 3.44 4.90 5.52 5.66
Financing Profit 0.79 11.15 0.57 1.12 0.62 -0.05 1.97 1.39 0.33 -0.91 -3.37 -3.74 -4.11
Financing Margin % 84.04% 98.41% 42.22% 78.87% 46.27% -4.13% 78.49% 49.82% 8.19% -21.98% -86.41% -105.06% -124.17%
0.03 0.01 0.04 0.00 0.02 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.06
Depreciation 0.01 0.01 0.08 0.06 0.02 0.00 0.06 0.31 0.41 0.87 1.58 1.23 1.18
Profit before tax 0.81 11.15 0.53 1.06 0.62 -0.05 1.91 1.09 -0.08 -1.78 -4.95 -4.97 -5.23
Tax % 29.63% 13.00% 20.75% 21.70% 111.29% 140.00% 28.27% 34.86% 12.50% 3.37% -4.65% -2.41%
0.57 9.69 0.41 0.83 -0.07 -0.12 1.37 0.71 -0.10 -1.82 -4.72 -4.85 -5.17
EPS in Rs 0.25 4.23 0.18 0.36 -0.03 -0.05 0.60 0.31 -0.04 -0.79 -2.06 -2.12 -2.25
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: -11%
5 Years: 7%
3 Years: -4%
TTM: -17%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -17%
Stock Price CAGR
10 Years: %
5 Years: 43%
3 Years: -8%
1 Year: -16%
Return on Equity
10 Years: -4%
5 Years: -9%
3 Years: -18%
Last Year: -29%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 1.15 1.15 1.15 1.15 1.15 1.15 1.15 1.15 1.15 1.15 1.15 1.15
Reserves 5.45 15.13 15.27 16.10 22.35 22.76 24.13 24.85 24.75 22.93 18.23 13.39
Borrowing 0.00 0.00 0.00 0.00 0.00 0.00 0.23 11.41 11.67 20.02 13.89 13.88
1.16 3.49 0.70 0.71 0.28 1.30 1.79 1.62 1.97 3.43 3.16 3.95
Total Liabilities 7.76 19.77 17.12 17.96 23.78 25.21 27.30 39.03 39.54 47.53 36.43 32.37
0.02 0.26 0.18 0.12 0.00 0.00 0.67 0.92 1.54 10.52 9.71 8.54
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 1.31 5.20 4.66 7.95 0.71 0.52 0.80 0.85 0.73 0.93 0.95 0.82
6.43 14.31 12.28 9.89 23.07 24.69 25.83 37.26 37.27 36.08 25.77 23.01
Total Assets 7.76 19.77 17.12 17.96 23.78 25.21 27.30 39.03 39.54 47.53 36.43 32.37

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.30 -0.86 0.81 -9.12 -0.30 0.75 -5.84 2.22 15.47 2.56 -4.99
1.55 -1.70 -1.01 8.36 0.01 -0.37 -0.11 -0.22 -8.38 -2.62 2.02
0.00 0.00 0.00 0.00 0.00 -0.36 10.20 -2.81 3.85 -8.81 -1.89
Net Cash Flow 1.25 -2.56 -0.21 -0.76 -0.29 0.02 4.25 -0.81 10.95 -8.86 -4.86
Free Cash Flow -0.30 -0.86 0.81 -9.01 -0.30 0.32 -6.03 1.93 7.05 1.86 -5.05
CFO/OP -15% -93% 91% -1,229% 600% 40% -332% 120% 2,216% -256% 255%

Ratios

Standalone / View Consolidated

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 % 9.25% 84.70% 2.51% 4.93% -0.25% -0.51% 5.57% 2.77% -0.39% -7.28% -21.72% -28.60%

Insights

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Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Capital Adequacy Ratio (CRAR)
%

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Gross NPA Ratio
%
Total Loan AUM
Rs crore
Number of Branches
count
Active Customers
count
Average Loan Ticket Size
Rs

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73%
24.27% 24.26% 24.26% 24.27% 24.27% 24.27% 24.27% 24.27% 24.27% 24.27% 24.27% 24.27%
No. of Shareholders 1,1451,1921,2621,6241,5591,6691,6751,6901,8101,8311,8281,851

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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