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Safety Controls & Devices Ltd (544746)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544746 NSE: Engineering - Construction | Small Cap | Safety Contr. & Dev. Share Price

₹78.38 -7.87 (-9.12%)

As on 04-Jun'26 16:59

Safety Controls & Devices Ltd (544746)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544746 NSE: Engineering - Construction | Small Cap | Safety Contr. & Dev. Share Price

₹78.38 -7.87 (-9.12%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹155 Cr.
Current Price
₹78.4
52-Week Low / High
₹74 / 108
TTM EPS
₹7.3
TTM Sales
₹117 Cr.
Book Value per Share
₹47.4
P/E Ratio
10.77
Lower than its 5-year historical median
Industry PE
29.9
Price to Book (P/B)
1.65
Lower than its 5-year historical median
Price to Sales (P/S)
1.33
Lower than its 5-year historical median
EV/EBITDA
6.89
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
30.14%
Outperforms industry median
Return on Capital Employed (ROCE)
29.04%
Outperforms industry median
Return on Assets (ROA)
9.21%
Operating Profit Margin
16.8%
Net Profit Margin
8.77%
Gross Profit Margin
11.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
129.39%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
108.83%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
124.19%
Asset Quality
Promoter Holding
%
Pledged shares (%) of Promoter's holding (%)
%
Reserves
₹74 Cr.
Equity
₹19.8 Cr.
Face Value
₹10
All Time Low / High
₹74.00 / 107.98

Safety Controls & Devices stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Weak
Q.1 Is Safety Controls & Devices Ltd a good quality company?
Safety Controls & Devices Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Safety Controls & Devices Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Safety Controls & Devices Ltd vs industry peers?
Safety Controls & Devices Ltd revenue CAGR is 30.56%, compared to the industry median CAGR of 15.97%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Safety Controls & Devices Ltd?
Promoters hold % of the Safety Controls & Devices Ltd, with % of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Safety Controls & Devices Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Safety Controls & Devices Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'19Mar'20Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%0%11.8%12.8%23.3%29%-
Value Creation
Index
NANA-0.2-0.10.71.1-

Growth Parameters

Sales 0046.147.944.7103117
Sales YoY Gr.-NANA3.9%-6.6%129.4%-
Adj EPS 001.30.53.86.87.3
YoY Gr.-NANA-64.3%748.9%77%-
BVPS (₹) 0015.413.116.731.747.4
Adj Net
Profit
001.20.44914
Cash Flow from Ops. 00-5.3-13.3-10.5-7.4-
Debt/CF from Ops. 00-2.8-1.4-2.8-4.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA30.6%129.4%
Adj EPS NANA75.1%77%
BVPSNANA27.2%90.4%
Share Price - - - -

Key Financial Parameters

Mar'19Mar'20Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
008.23.226.830.118.4
Op. Profit
Mgn %
0035.518.516.8NAN
Net Profit
Mgn %
002.60.998.812.3
Debt to
Equity
0011.51.70.8-
Working Cap
Days
0004305733380
Cash Conv.
Cycle
000901942010

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Sales464845103
Operating Expenses + 45453685
Manufacturing Costs0000
Material Costs38393177
Employee Cost 2222
Other Costs 5546
Operating Profit 13817
Operating Profit Margin (%) 3.0%5.5%18.5%16.8%
Other Income + 2111
Exceptional Items 0000
Interest 2346
Depreciation 0000
Profit Before Tax 21512
Tax 0013
Profit After Tax 1049
PAT Margin (%) 2.6%0.9%9.0%8.8%
Adjusted EPS (₹)1.30.53.86.8
Dividend Payout Ratio (%)0%0%0%0%

Valuation of Safety Contr. & Dev. - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 15121742
Share Capital 10101113
Reserves 53729
Debt +10142726
Long Term Debt4286
Short Term Debt6111920
Minority Interest0000
Trade Payables9251619
Others Liabilities 14151533
Total Liabilities 486675120

Fixed Assets

Net Fixed Assets +0005
Gross Block1116
Accumulated Depreciation1111
CWIP 0000
Investments 0000
Inventories151012
Trade Receivables18394787
Cash Equivalents 0000
Others Assets 28221716
Total Assets 486675120

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -5-13-11-7
PBT 21512
Adjustment 1335
Changes in Working Capital -7-16-17-23
Tax Paid -1-0-2-2
Cash Flow From Investing Activity + -8132-6
Capex -0-0-0-5
Net Investments -9121-3
Others 1111
Cash Flow From Financing Activity + 131914
Net Proceeds from Shares 00116
Net Proceeds from Borrowing 4-15-2
Interest Paid -2-3-4-6
Dividend Paid 0000
Others 11566
Net Cash Flow -0-00-0

Financial Ratio

PARTICULARSMar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)8.163.1826.7630.14
ROCE (%)11.7512.7523.2829.04
Asset Turnover Ratio0.970.840.631.05
PAT to CFO Conversion(x)-5N/A-2.75-0.78
Working Capital Days
Receivable Days142.70218352.90239.60
Inventory Days620.6061.3039.80
Payable Days90.50164.40245.9082.40

Management X-Ray

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Safety Controls & Devices Ltd FAQs

The current trading price of Safety Contr. & Dev. on 04-Jun-2026 16:59 is ₹78.38.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Safety Contr. & Dev. stood at ₹155.4 Cr

The latest P/E ratio of Safety Contr. & Dev. as of 03-Jun-2026 is 10.77.

The latest P/B ratio of Safety Contr. & Dev. as of 03-Jun-2026 is 1.65.

The 52-week high of Safety Contr. & Dev. is ₹108.0 and the 52-week low is ₹74.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Safety Contr. & Dev. is ₹117 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Safety Controls & Devices Ltd is a below average quality company.

The key valuation ratios of Safety Controls & Devices Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Safety Controls & Devices Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Safety Controls & Devices Ltd

Safety Controls & Devices was originally incorporated as Private Limited in the name and style of ‘Safety Controls & Devices Private Limited’ on June 01, 2015. Later, company was converted into public limited company, subsequently the name of the company was changed to ‘Safety Controls & Devices Limited’ on October 10, 2023. The company is primarily engaged in the EPC (Engineering, Procurement, and Construction) business, focusing on the installation of substations, construction of solar plants, installation of firefighting equipments. Currently it is also undertaking some construction projects of hospitals for the Ministry of Ayush. Based in Lucknow, Uttar Pradesh, its operations are carried out as an engineering enterprise. It has experience in executing turnkey projects across multiple sectors like transmission and distribution, solar energy, EV charging infrastructure, fire protection systems and hospital construction. 

It has domain experience in designing, engineering, supplying, installing, erecting, testing and commissioning transmission substations while prioritizing quality, efficiency and sustainability in all its projects. It primarily caters to government entities and undertakings, which constitute a significant portion of its overall customer base. This includes various state and central government power utilities, private power entities, and renewable energy developers. By focusing on these sectors, it engages in projects that align with public interests and contribute to national development. It commenced operations as a provider of design, installation and supply services for fire equipment, firefighting systems and fire alarms. Over the time, it expanded its capabilities and diversified its portfolio to address the growing needs of other industries. While initially focused on fire protection, it’s transitioned into projects involving the design, engineering, supply, erection, testing, and commissioning of transmission substations.

In addition to its work in transmission substations, it has also expanded into renewable energy through the construction of solar power plants on a turnkey basis. Its diversified capabilities extend into the fire protection business, ensuring the safety and regulatory compliance of industrial, commercial and residential spaces. Furthermore, it has entered the healthcare sector, participating in the construction of hospitals under the Ministry of Ayush, thereby reinforcing its position as a versatile and reliable provider of engineering services provider across multiple sectors. It is an ISO 9001:2015 certified, issued by Quality Control Certification accredited by AOC Middle East LLC, in compliance with the quality management system.

Business area of the company

The company is primarily engaged in the EPC (Engineering, Procurement, and Construction) business, focusing on the installation of substations, construction of solar plants, installation of firefighting equipment.

Services of the company

Transmission and Distribution Solutions

  • Application of AIS (Air Insulated) substation
  • Application of GIS (Gas Insulated Switchgear)

Fire Protection Systems

  • Comprehensive Solutions
  • Supply of Fire Hydrant Systems 
  • Testing and Commissioning
  • Training and after sales Support
  • Commitment to Safety and Quality

Solar Energy Solutions

Awards and recognitions

  • 2018: Recipient of the Distinguished MSME Industry Award on January 28, 2018, presented by the Chief Minister Adityanath Yogi.
  • 2019: Received an award for best MSME in UP from the CM of U.P. 
  • Recognized by the PHD Chamber of Commerce and Industry at the Conference & Expo on Uttar Pradesh.
  • 2025: Jagran Achiever Award felicitated by Hiroshi Mizohata Chairman of Osaka Convention & Tourism Bureau, held in Osaka, Japan.

History and milestones

  • 2016: It bagged two prestigious contracts from UPPTCL since the company’s existence: i) 400kV AIS S/S = Rs 128 crore and ii) 220kV GIS S/S = Rs 74 crore (First ever in its voltage kind of the entire state of U.P.) 
  • 2019: After having executed Rs 128 crore worth of contract and having MAAT of Rs 100 crore, it could diversify in Green Energy: i) Bagged company’s first-ever maiden 20MW Solar PV Plant at NTPC Rihand (around Rs 128 crore). ii) Bagged company’s first Development of EV Charging Stations. 
  • 2023: Diversified into the field of construction by bagging orders under the Scheme of Ayush of Building 04 50-Bedded Hospitals in U.P.

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