SEL Manufacturing Company Ltd
Incorporated in 1969, Sel Manufacturing Ltd. is in the business of manufacturing, processing and trading of yarn, fabric, ready-made garments and towels.
- Market Cap ₹ 579 Cr.
- Current Price ₹ 175
- High / Low ₹ 1,976 / 175
- Stock P/E
- Book Value ₹ 50.7
- Dividend Yield 0.00 %
- ROCE -8.02 %
- ROE -40.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Debtor days have improved from 82.6 to 49.2 days.
Cons
- Stock is trading at 3.45 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -27.4% over past five years.
- Company might be capitalizing the interest cost
- Promoters have pledged 36.1% of their holding.
* 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
Sector: Textiles Industry: Textiles - Cotton/Blended
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,701 | 2,218 | 3,774 | 3,628 | 2,860 | 2,462 | 2,081 | 1,261 | 603 | 347 | 189 | 420 | 442 | |
1,408 | 1,934 | 3,253 | 3,268 | 2,532 | 2,194 | 2,741 | 1,550 | 665 | 423 | 331 | 426 | 486 | |
Operating Profit | 292 | 283 | 521 | 360 | 328 | 268 | -660 | -289 | -62 | -76 | -142 | -6 | -44 |
OPM % | 17% | 13% | 14% | 10% | 11% | 11% | -32% | -23% | -10% | -22% | -75% | -1% | -10% |
23 | 109 | 199 | -125 | 154 | 132 | 99 | -1,565 | -157 | -363 | 2,758 | 10 | 39 | |
Interest | 88 | 185 | 346 | 432 | 342 | 496 | 147 | 11 | 7 | 3 | 2 | 30 | 40 |
Depreciation | 61 | 82 | 163 | 267 | 367 | 374 | 158 | 149 | 146 | 145 | 107 | 106 | 102 |
Profit before tax | 166 | 126 | 210 | -464 | -227 | -471 | -865 | -2,013 | -372 | -587 | 2,507 | -131 | -148 |
Tax % | 32% | 35% | 35% | 37% | 34% | 21% | 34% | -26% | 0% | 0% | 0% | 0% | |
Net Profit | 113 | 82 | 137 | -294 | -149 | -370 | -573 | -2,528 | -372 | -587 | 2,507 | -131 | -148 |
EPS in Rs | 11.32 | 7.44 | 4.16 | -8.88 | -4.51 | -11.17 | -17.28 | -76.28 | -11.24 | -17.73 | 756.69 | -39.62 | -44.69 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -15% |
5 Years: | -27% |
3 Years: | -11% |
TTM: | 32% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | -2% |
TTM: | 16% |
Stock Price CAGR | |
---|---|
10 Years: | 51% |
5 Years: | 144% |
3 Years: | 659% |
1 Year: | -72% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | -40% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
99 | 111 | 331 | 331 | 401 | 331 | 331 | 370 | 373 | 377 | 33 | 33 | 33 | |
Reserves | 915 | 983 | 1,135 | 871 | 691 | 315 | -212 | -2,718 | -3,094 | -3,692 | 383 | 231 | 135 |
1,798 | 3,189 | 4,255 | 4,793 | 5,502 | 5,828 | 5,658 | 5,650 | 5,623 | 5,600 | 959 | 1,017 | 1,029 | |
321 | 417 | 410 | 592 | 532 | 575 | 628 | 471 | 469 | 528 | 117 | 105 | 91 | |
Total Liabilities | 3,133 | 4,700 | 6,132 | 6,587 | 7,057 | 7,049 | 6,405 | 3,734 | 3,330 | 2,768 | 1,492 | 1,385 | 1,288 |
970 | 1,520 | 3,091 | 3,066 | 2,925 | 2,573 | 2,487 | 2,309 | 2,155 | 2,010 | 1,281 | 1,176 | 1,124 | |
CWIP | 291 | 771 | 232 | 481 | 574 | 595 | 553 | 559 | 559 | 432 | 42 | 42 | 42 |
Investments | 55 | 72 | 71 | 97 | 43 | 42 | 42 | 42 | 43 | 42 | 2 | 1 | 1 |
1,817 | 2,336 | 2,738 | 2,944 | 3,515 | 3,839 | 3,323 | 823 | 573 | 284 | 167 | 165 | 120 | |
Total Assets | 3,133 | 4,700 | 6,132 | 6,587 | 7,057 | 7,049 | 6,405 | 3,734 | 3,330 | 2,768 | 1,492 | 1,385 | 1,288 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-97 | -26 | 206 | 706 | -492 | 240 | 517 | 385 | 534 | 600 | -1,226 | 36 | |
-960 | -1,237 | -970 | -629 | -63 | -19 | -12 | 62 | -9 | 6 | 994 | 3 | |
1,104 | 1,243 | 810 | -192 | 633 | -264 | -547 | -456 | -523 | -609 | 237 | -43 | |
Net Cash Flow | 47 | -20 | 46 | -114 | 77 | -44 | -41 | -8 | 1 | -3 | 4 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 98 | 119 | 71 | 109 | 134 | 170 | 202 | 61 | 36 | 78 | 121 | 49 |
Inventory Days | 204 | 173 | 157 | 127 | 275 | 385 | 174 | 40 | 152 | 193 | 738 | 145 |
Days Payable | 57 | 49 | 7 | 34 | 51 | 51 | 32 | 40 | 251 | 551 | 420 | 97 |
Cash Conversion Cycle | 245 | 243 | 222 | 202 | 358 | 504 | 343 | 62 | -64 | -280 | 439 | 97 |
Working Capital Days | 192 | 202 | 167 | 121 | 278 | 348 | 220 | -251 | -967 | -2,649 | 37 | 30 |
ROCE % | 12% | 9% | 11% | 4% | 2% | 1% | -12% | -8% | -4% | -5% | -13% | -8% |
Documents
Announcements
- Intimation Under Regulation 31A Of The SEBI (LODR) Regulations, 2015 14 Mar
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Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Feb - Newspaper Publication regarding publication of financial results for the Quarter and Nine Months Ended 31st December 2022.
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Appointment Of Internal Auditor
13 Feb - Regarding appointment of internal Auditor of the Company along with disclosure as required under Regulation 30 of the SEBI (LODR) Regulations, read with SEBI Circular …
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
13 Feb - Regarding Resignation of Company Secretary/Key Managerial Personnel of the Company along with disclosure as required under Regulation 30 of the SEBI (LODR) Regulations, read with …
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Appointment Of Internal Auditors Of The Company
13 Feb - Company has appointed Mr. Ashish Aggarwal as internal Auditor of the Company in its meeting held on 13 February 2023.
Annual reports
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Financial Year 2022
from bse
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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 2013
from nse
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Product Portfolio:[1]
Company is vertically integrated multi-product textile company which manufactures:
a) Knitted Garments
b) Terry Towels
c) Knitted & Processed Fabric
d) various kind of Yarns