Selan Explorations Technology Ltd
₹ 552
-1.43%
12 Sep
- close price
About
Incorporated in 1985, Selan Exploration Technology Ltd is in the business of oil & gas exploration and production[1]
Key Points
- Market Cap ₹ 837 Cr.
- Current Price ₹ 552
- High / Low ₹ 969 / 475
- Stock P/E 12.7
- Book Value ₹ 309
- Dividend Yield 0.00 %
- ROCE 22.8 %
- ROE 17.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 26.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 30.5%
- Company has a low return on equity of 12.0% over last 3 years.
- Promoter holding has decreased over last 3 years: -9.10%
* 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
Energy Oil, Gas & Consumable Fuels Oil Oil Exploration & Production
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 101 | 79 | 62 | 56 | 77 | 93 | 90 | 49 | 77 | 118 | 166 | 258 | 245 | |
| 20 | 22 | 24 | 21 | 30 | 29 | 34 | 37 | 50 | 67 | 93 | 122 | 139 | |
| Operating Profit | 82 | 57 | 38 | 35 | 47 | 64 | 55 | 12 | 27 | 51 | 72 | 136 | 107 |
| OPM % | 81% | 72% | 61% | 63% | 61% | 69% | 62% | 24% | 35% | 43% | 44% | 53% | 43% |
| 13 | 12 | 10 | 8 | 8 | 11 | -1 | 10 | 8 | 12 | 11 | 15 | 13 | |
| Interest | 0 | 0 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Depreciation | 26 | 24 | 26 | 28 | 21 | 21 | 22 | 22 | 22 | 22 | 37 | 51 | 31 |
| Profit before tax | 68 | 44 | 20 | 15 | 34 | 54 | 32 | -1 | 13 | 40 | 46 | 98 | 87 |
| Tax % | 35% | 36% | 35% | 40% | 34% | 4% | 30% | -611% | 21% | 23% | 29% | 24% | |
| 45 | 28 | 13 | 9 | 22 | 52 | 22 | 6 | 10 | 31 | 33 | 74 | 66 | |
| EPS in Rs | 27.16 | 17.26 | 7.87 | 5.38 | 13.45 | 31.41 | 14.76 | 4.11 | 6.53 | 20.30 | 21.54 | 48.67 | 43.32 |
| Dividend Payout % | 18% | 29% | 64% | 93% | 37% | 15% | 34% | 122% | 77% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 24% |
| 3 Years: | 50% |
| TTM: | 22% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 26% |
| 3 Years: | 96% |
| TTM: | 45% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 38% |
| 3 Years: | 20% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 12% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 245 | 264 | 267 | 266 | 278 | 310 | 313 | 311 | 314 | 345 | 379 | 455 |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 4 | 4 | 4 | |
| 77 | 102 | 85 | 67 | 73 | 62 | 64 | 49 | 47 | 63 | 87 | 102 | |
| Total Liabilities | 339 | 382 | 368 | 349 | 368 | 388 | 393 | 376 | 376 | 427 | 485 | 576 |
| 8 | 11 | 10 | 9 | 12 | 11 | 9 | 8 | 7 | 13 | 21 | 23 | |
| CWIP | 159 | 207 | 208 | 199 | 203 | 197 | 180 | 164 | 149 | 166 | 279 | 312 |
| Investments | 0 | 0 | 0 | 0 | 35 | 133 | 127 | 129 | 135 | 176 | 64 | 113 |
| 172 | 164 | 150 | 140 | 119 | 48 | 76 | 74 | 85 | 73 | 120 | 127 | |
| Total Assets | 339 | 382 | 368 | 349 | 368 | 388 | 393 | 376 | 376 | 427 | 485 | 576 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 75 | 62 | 17 | 37 | 67 | 100 | 41 | 36 | -18 | 43 | 72 | 126 | |
| -58 | -63 | -16 | -11 | -54 | -100 | -12 | -2 | -6 | -46 | -69 | -125 | |
| -21 | -10 | -12 | -10 | -9 | -20 | -21 | -8 | -8 | -0 | -1 | -1 | |
| Net Cash Flow | -4 | -12 | -11 | 17 | 3 | -20 | 8 | 26 | -32 | -3 | 2 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 87 | 69 | 65 | 87 | 89 | 72 | 71 | 94 | 89 | 58 | 76 | 50 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 87 | 69 | 65 | 87 | 89 | 72 | 71 | 94 | 89 | 58 | 76 | 50 |
| Working Capital Days | 55 | -29 | 68 | 128 | 106 | 95 | 77 | 142 | 107 | 84 | 64 | 67 |
| ROCE % | 27% | 16% | 8% | 5% | 11% | 15% | 10% | -2% | 4% | 12% | 12% | 23% |
Documents
Announcements
- In Compliance With Regulation 47 Of The SEBI (LODR) Regulations, 2015, Please Find Enclosed Copies Of Each Of The Notice For Annual General Meeting As Published In The English And Hindi Newspaper On Friday, September 05, 2025. 5 Sep
- Reg. 34 (1) Annual Report. 4 Sep
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The Annual General Meeting Of The Company Is Scheduled To Be Held On Tuesday, September 30, 2025 Through Video Conferencing ("VC") / Other Audio Visual Means ("OA VM").
4 Sep - AGM on Sep 30, 2025; e-voting Sep 27-29; book closure Sep 24-30; cut-off Sep 23.
-
Form C Under SEBI (Prohibition Of Insider Trading Regulations), 2015.
14 Aug - Promoter Blackbuck Energy allotted 1.99 crore shares, raising holding to 69.93% post scheme approval.
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Disclosure Under Regulation 10(6) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 ("SAST Regulations")
13 Aug - Allotment of 1.99 crore shares post NCLT-approved amalgamation on August 12, 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
Concalls
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Aug 2025TranscriptNotesPPT
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Aug 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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May 2025TranscriptNotesPPT
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Feb 2025TranscriptNotesPPT
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Oct 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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Jul 2024TranscriptNotesPPT
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Jun 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Aug 2023TranscriptNotesPPT
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May 2023TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Jan 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
Busienss Overview:[1][2]
SETL is in the business of exploration & production of Oil and Gas in India. It was amongst the first companies to secure development rights for three dicovered oilfields in Gujarat: Bakrol, Lohar, and Karjisan, all with proven oil and gas reserves. SETL operates in the segment of Crude Oil and Natural Gas. Its crude oil is sold to refineries and its natural gas is consumed by local industry located around the vicinity of its fields. The crude oil prices are benchmarked to global markets and the gas prices are benchmarked to the Government of India notified domestic gas price