Salem Erode Investments Ltd

Salem Erode Investments Ltd

₹ 32.2 0.00%
09 Mar - close price
About

Incorporated in 1931, Salem Erode Investments Ltd (SEIL) is in lending business as an NBFC

Key Points

Business Overview:[1][2]
On 17th February 2020, company was acquired by ICL Fincorp Limited which is a Non Banking Financial Company providing Gold Loan, Business Loan, Hire Purchase Loan, etc. After acquisition, company expanded its business and now has 12 branches in Southern India. ICL Fincorp Ltd holds 75% stake in SEIL. Company focuses on Gold Loans.

  • Market Cap 36.9 Cr.
  • Current Price 32.2
  • High / Low 66.4 / 29.0
  • Stock P/E 44.5
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 6.34 %
  • ROE 4.96 %
  • Face Value 1.00

Pros

  • Company is almost debt free.

Cons

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Interest
Financing Profit
Financing Margin %
Depreciation
Profit before tax
Tax %
EPS in Rs
Gross NPA %
Net NPA %
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
11.33 1.35 1.37
Interest 0.00 0.00 0.00
0.20 0.78 0.30
Financing Profit 11.13 0.57 1.07
Financing Margin % 98.23% 42.22% 78.10%
0.01 0.04 0.05
Depreciation 0.01 0.08 0.06
Profit before tax 11.13 0.53 1.06
Tax % 13.03% 20.75% 21.70%
9.68 0.41 0.83
EPS in Rs 8.44 0.36 0.72
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 102%
Stock Price CAGR
10 Years: %
5 Years: 67%
3 Years: -9%
1 Year: -30%
Return on Equity
10 Years: %
5 Years: %
3 Years: 22%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
Equity Capital 1.15 1.15 1.15
Reserves 15.13 15.24 15.91
Borrowing 0.00 0.00 0.00
3.46 0.69 0.71
Total Liabilities 19.74 17.08 17.77
0.26 0.18 0.12
CWIP 0.00 0.00 0.00
Investments 5.20 4.62 7.76
14.28 12.28 9.89
Total Assets 19.74 17.08 17.77

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
-2.47 -0.86 0.81
3.96 -1.70 -1.01
0.00 0.00 0.00
Net Cash Flow 1.49 -2.56 -0.21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
ROE % 59.40% 2.51% 4.96%

Insights

In beta
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Total Loan Book / AUM
INR Crores ・Standalone data

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Total Manpower / Employees
Number ・Standalone data
Gold Loan AUM
INR Crores ・Standalone data
Gross NPA (Gold Loans)
% ・Standalone data
Number of Branches
Number ・Standalone data
Active Customers
Number ・Standalone data
Average Gold Loan Ticket Size
INR ・Standalone data

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
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% 24.27% 24.26% 24.26% 24.27% 24.27% 24.27% 24.27% 24.27% 24.27% 24.27%
No. of Shareholders 1,1051,1241,1451,1921,2621,6241,5591,6691,6751,6901,8101,831

* 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.

Click on the line-items to see the names of individual entities.

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