Semac Construction Ltd
Incorporated in 1969, Semac Consultants Ltd
is in the business of engineering & consultancy for commercial and industrial projects[1]
- Market Cap ₹ 72.0 Cr.
- Current Price ₹ 231
- High / Low ₹ 424 / 202
- Stock P/E 8.31
- Book Value ₹ 271
- Dividend Yield 0.00 %
- ROCE 10.3 %
- ROE 9.19 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.85 times its book value
- Debtor days have improved from 85.2 to 55.3 days.
Cons
- Company has a low return on equity of -12.6% over last 3 years.
- Contingent liabilities of Rs.32.6 Cr.
- Earnings include an other income of Rs.5.15 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -9.76%
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 163 | 245 | 208 | 162 | 211 | 159 | 132 | 80 | 325 | 127 | 172 | 243 | 212 | |
| Sales growth | -7% | +50% | -15% | -22% | +30% | -25% | -17% | -40% | +308% | -61% | +35% | +41% | -7% |
| 142 | 210 | 193 | 169 | 195 | 140 | 125 | 80 | 299 | 162 | 176 | 234 | 205 | |
| Operating Profit | 21 | 36 | 15 | -7 | 15 | 19 | 7 | -0 | 26 | -35 | -4 | 8 | 7 |
| OPM % | 13% | 15% | 7% | -4.4% | 7% | 12% | 5% | -0.2% | 8% | -27% | -2.4% | 3.5% | 3.5% |
| 3 | 13 | 5 | 4 | 4 | 6 | 6 | 4 | 5 | 5 | 4 | 5 | 5 | |
| Interest | 11 | 10 | 8 | 4 | 3 | 2 | 4 | 1 | 1 | 2 | 6 | 5 | 4 |
| Depreciation | 3 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Profit before tax | 10 | 36 | 10 | -9 | 15 | 21 | 7 | 2 | 27 | -33 | -7 | 7 | 7 |
| Tax % | 34% | 18% | -1% | -2% | 13% | 25% | 63% | -44% | 29% | -3% | -21% | -9% | |
| 7 | 30 | 10 | -9 | 13 | 16 | 3 | 3 | 19 | -32 | -6 | 7 | 8 | |
| EPS in Rs | 12.65 | 87.90 | 32.74 | -28.45 | 37.19 | 48.42 | 16.84 | 7.16 | 59.19 | -104.29 | -19.05 | 23.00 | 27.78 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 8% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 13% |
| 3 Years: | -9% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | 7% |
| 3 Years: | -26% |
| TTM: | 1212% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -14% |
| 3 Years: | -45% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | -2% |
| 3 Years: | -13% |
| Last Year: | 9% |
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 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 119 | 147 | 156 | 148 | 158 | 172 | 180 | 92 | 110 | 76 | 71 | 79 | 81 |
| 65 | 80 | 27 | 26 | 0 | 19 | 35 | 1 | 6 | 19 | 41 | 28 | 20 | |
| 79 | 67 | 69 | 62 | 78 | 70 | 93 | 52 | 94 | 99 | 105 | 95 | 90 | |
| Total Liabilities | 266 | 298 | 256 | 239 | 240 | 263 | 310 | 147 | 213 | 197 | 221 | 205 | 194 |
| 80 | 65 | 68 | 67 | 68 | 70 | 70 | 19 | 23 | 22 | 21 | 20 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
| Investments | 2 | 19 | 3 | 0 | 0 | 29 | 10 | 16 | 11 | 1 | 0 | 0 | 0 |
| 184 | 214 | 185 | 173 | 172 | 164 | 230 | 112 | 179 | 173 | 200 | 185 | 176 | |
| Total Assets | 266 | 298 | 256 | 239 | 240 | 263 | 310 | 147 | 213 | 197 | 221 | 205 | 194 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -14 | 68 | -0 | 20 | 13 | -6 | 19 | -0 | -19 | -3 | 24 | |
| 19 | 13 | -2 | 10 | 3 | -29 | -9 | -7 | -4 | 8 | -13 | -3 | |
| -17 | 11 | -62 | -4 | -30 | 11 | 11 | -7 | -2 | 10 | 17 | -18 | |
| Net Cash Flow | 3 | 10 | 4 | 5 | -7 | -5 | -4 | 6 | -6 | 0 | 1 | 3 |
| Free Cash Flow | -1 | -15 | 66 | -1 | 21 | 11 | -4 | 18 | -0 | -20 | -3 | 24 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 17% | -13% | 491% | -11% | 181% | 50% | -133% | -15,454% | 22% | 48% | -7% | 334% |
Ratios
Consolidated / 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 157 | 193 | 148 | 133 | 144 | 151 | 200 | 75 | 62 | 98 | 102 | 55 |
| Inventory Days | 521 | 100 | 63 | 136 | 46 | 138 | 348 | |||||
| Days Payable | 156 | 103 | 112 | 105 | 84 | 122 | 308 | |||||
| Cash Conversion Cycle | 522 | 190 | 99 | 164 | 107 | 167 | 240 | 75 | 62 | 98 | 102 | 55 |
| Working Capital Days | 85 | 66 | 87 | 114 | 132 | 135 | 221 | 104 | 49 | 26 | -34 | -13 |
| ROCE % | 11% | 16% | 8% | -3% | 9% | 11% | 5% | 1% | 25% | -28% | -2% | 10% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Contracting Revenue (Work Contract Services) INR Crore ・Standalone data |
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| Customer Concentration (Top 4 Customers as % of Revenue) % ・Standalone data |
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| Design Revenue (Engineering Consultancy) INR Crore ・Standalone data |
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| Order Book (Closing/Unexecuted) INR Crore |
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| Permanent Employees Count ・Standalone data |
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| Order Inflow (New Orders Booked) INR Crore ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
- Results Financials Results For The Period Ended 30Th September 2026
-
Board Meeting Outcome for Approval Of Financial Results For The Quarter Ended 30Th September 2026
- Board approved Q2 FY2027 standalone and consolidated unaudited results with unmodified auditor review.
-
Board Meeting Intimation for Board Meeting Intimation For Consideration And Approval Of Financial Results For The Quarter And Period Ended 30Th September 2026
- Board meets on 13 November 2026 to approve Q2 and half-year FY27 results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Regulation 74(5) certificate received for quarter ended 30 September 2026.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 49th AGM held 25 Sep 2026; shareholders passed six resolutions, including director reappointment and related-party transactions.
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from bse
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Annual Report 2012
from nse
** Business Model and Operating Structure:**[1]
SMCL is a design and engineering company
providing integrated EPC solutions through
a single-window model covering Architectural,
Structural, Mechanical, Electrical, Plumbing,
and Firefighting (ASMEPF) disciplines.
It operates under one reportable segment—
Design and Build Services for industrial clients.
The company is increasingly executing projects
directly rather than relying on subcontractors.
This shift changes the business economics by
increasing execution control and value capture,
but also raises operational complexity and execution responsibilities.[2]