SEL Manufacturing Company Ltd (SELMC) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532886 | NSE: SELMC | Textile | Small Cap

SEL Manufacturing Share Price

30.50 1.42 4.88%
as on 05-Dec'25 15:36

SEL Manufacturing Company Ltd (SELMC) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 532886 | NSE: SELMC | Textile | Small Cap

DeciZen - make an informed investing decision on SEL Manufacturing

Based on:

M-Cap below 100cr DeciZen not available

SEL Manufacturing Company stock performance -

Key Ratios
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P/E Ratio (SA):
0.00
Market Cap:
96.4 Cr.
52-wk low:
25
52-wk high:
52.5

Is SEL Manufacturing Company Ltd an attractive stock to invest in?


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10 Year X-Ray of SEL Manufacturing: Login to view analysis.

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.
SEL Manufacturing Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -4.3%-15.7%-39.2%-5.8%-98%378.7%-7.7%-12.1%-13.6%-7.5%-
Value Creation
Index
-1.3-2.1NANANA26.1-1.6-1.9NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9481,71398945929119042055437432.918
Sales YoY Gr.--12.1%-42.2%-53.6%-36.6%-34.6%120.7%32%-32.5%-91.2%-
Adj EPS -6.6-11.6-39.2-4.6-78648.2-40.7-61.5-62.1-48.1-42.7
YoY Gr.-NANANANANA-106.3%NANANA-
BVPS (₹) 21.86.1-61.4-68.5-145.4125.679.644.8-17-63.1-88.8
Adj Net
Profit
-217-385-1,297-154-2,5842,148-135-204-206-159-141
Cash Flow from Ops. 105344253363-9.989135.244.237.267-
Debt/CF from Ops. 40.312.124.316.9-621.31.128.821.125.314.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -36.5%-35.4%-57.2%-91.2%
Adj EPS NANANANA
BVPS-212.6%NA-192.6%NA
Share Price 21.8% 71.1% -62.2% -39.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-23.1-83.3141.67.272.9-97.6-39.7-99-447.3120.156.1
Op. Profit
Mgn %
13.6-26.9-26.6-6.4-21-10.5-1.4-12.9-14.7-29.7-35.9
Net Profit
Mgn %
-11.2-22.5-131.1-33.5-8881128.2-32.1-36.8-55-485.2-766.7
Debt to
Equity
5.920.5-3-2.7-1.32.33.96.3-16.7-4.6-
Working Cap
Days
5005435283933602921318063281213
Cash Conv.
Cycle
36040934679701296523-27-49-6,521

Recent Performance Summary

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Latest Financials - SEL Manufacturing Company Ltd.

Standalone Consolidated
TTM EPS (₹) -42.7 -58.2
TTM Sales (₹ Cr.) 18.4 374
BVPS (₹.) -88.8 0
Reserves (₹ Cr.) -328 -90
P/BV -0.33 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 25.01 / 52.48
All Time Low / High (₹) 0.39 / 1237.85
Market Cap (₹ Cr.) 96.4
Equity (₹ Cr.) 33.1
Face Value (₹) 10
Industry PE 34.7

Management X-Ray of SEL Manufacturing:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *36.0036.0036.0036.0036.0036.0036.0036.0036.0036.00
* Pledged shares as % of Promoter's holding (%)

Valuation of SEL Manufacturing - Standalone Basis

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

mw4me loader

Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of SEL Manufacturing

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,947.731,712.87989.28459.11291.04190.38420.13554.37374.2732.87
Operating Expenses 1,688.662,193.861,261.05488.91352.12332.14426.05625.61429.3942.64
Manufacturing Costs316.61261.40228.51254.92201.38136.60241.56132.6369.7610.60
Material Costs1,189.571,724.44849.25124.7364.4311.8690.16436.21328.1320.95
Employee Cost 108.64107.4699.4880.3767.9250.2681.6745.3225.748.38
Other Costs 73.83100.5683.8128.8918.39133.4312.6611.455.762.71
Operating Profit 259.08-480.99-271.78-29.80-61.08-141.76-5.92-71.24-55.12-9.77
Operating Profit Margin (%) 13.3%-28.1%-27.5%-6.5%-21.0%-74.5%-1.4%-12.9%-14.7%-29.7%
Other Income 110.4489.7649.0175.3976.602.336.5719.861.710.28
Interest 342.40122.567.843.381.211.7729.5443.1659.6169.74
Depreciation 284.50114.09111.64108.83107.83107.23105.65101.5995.1693.74
Exceptional Items -300.61-226.51-1,324.96-169.36-2,447.495,352.373.2410.2115.2342.25
Profit Before Tax -558-854.38-1,667.20-235.97-2,541.015,103.94-131.31-185.91-192.95-130.72
Tax -156.04-296.83554.600000000
Profit After Tax -401.95-557.55-2,221.80-235.97-2,541.015,103.94-131.31-185.91-192.95-130.72
PAT Margin (%) -20.6%-32.6%-224.0%-51.4%-873.0%2,680.9%-31.3%-33.5%-51.6%-397.0%
Adjusted EPS (₹)-12.1-16.8-67.1-7.1-76.71,540.4-39.6-56.1-58.2-39.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 721.77202.15-2,034.07-2,269.54-4,817.73416.16263.65148.42-56.39-209.11
Share Capital 331.35331.35331.35331.35331.3533.1333.1333.1333.1333.13
Reserves 390.42-129.20-2,365.42-2,600.89-5,149.08383.03230.52115.28-89.52-242.24
Minority Interest0000000000
Debt3,938.213,648.685,349.205,007.604,608.11957.71994.63895.50818.64652.62
Long Term Debt2,553.692,221.861,916.841,584.981,180.92957.71991.63895.50818.64652.62
Short Term Debt1,384.521,426.823,432.363,422.613,427.1903000
Trade Payables170.27147.9365.7868.4467.6712.8523.9584.0195.3551.44
Others Liabilities 263.31234.33993.101,320.321,737.33105.56102.7696.79197.82453.50
Total Liabilities 5,093.564,233.094,374.014,126.811,595.371,492.291,384.991,224.721,055.42948.46

Fixed Assets

Gross Block2,958.232,989.862,954.382,954.552,954.792,936.302,932.282,932.262,930.902,930.39
Accumulated Depreciation1,120.361,233.861,339.231,448.061,555.891,654.851,758.211,859.721,953.522,047.12
Net Fixed Assets 1,837.871,7561,615.151,506.491,398.901,281.441,174.081,072.54977.38883.26
CWIP 185.30163.12169.86169.4042.4642.4642.4642.4642.4642.46
Investments 235.3792,021.242,022.211.331.750.810.881.300.06
Inventories1,390.52844.2568.1358.9927.4222.6135.7452.6817.169.03
Trade Receivables899.48999.92135.5242.6371.1162.5456.625.910.810.87
Cash Equivalents 36.558.943.225.082.1612.447.413.343.393
Others Assets 508.47451.87360.8932251.9869.0367.8846.9112.929.78
Total Assets 5,093.564,233.094,374.014,126.811,595.371,492.291,384.991,224.721,055.42948.46

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 105.35343.87253.15362.66-9.88890.9235.2244.1737.1967
PBT -558-854.38-1,667.20-235.97-2,541.015,103.94-131.31-185.91-192.95-130.72
Adjustment 925.26456.071,039.34278.292,536.81-5,252.23128.73116.43124148
Changes in Working Capital -261.91742.18936.35320.34-5.681039.2137.79113.65106.1449.72
Tax Paid 00-55.340000000
Cash Flow From Investing Activity 21.03-7.57-1,954.11-17.174.39-8.083.4516.3915.132.29
Capex 0.85-31.9620.351.20-0.24-1.14-0.1215.113.770.54
Net Investments 24.530.03-2,013.160.540.140.091.50014.441.34
Others -4.3524.3638.70-18.924.49-7.032.081.28-3.070.41
Cash Flow From Financing Activity -136.67-347.191,695.11-343.322.56-877.58-42.90-60.47-52.29-69.70
Net Proceeds from Shares 0000032.800000
Net Proceeds from Borrowing -113.63-270.68-305.02-331.86-0.88-390.9833.46-28.26-8.420
Interest Paid -337.44-118.81-5.41-1.72-0.18-1.46-29.38-42.97-59.56-69.70
Dividend Paid 0000000000
Others 314.4042.302,005.54-9.753.62-517.95-46.9810.7715.680
Net Cash Flow -10.30-10.89-5.852.17-2.935.26-4.230.100.03-0.41

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-44.42-120.69N/AN/AN/A0-38.63-90.23N/AN/A
ROCE (%)-4.27-15.71N/AN/AN/A378.65-7.67-12.1N/AN/A
Asset Turnover Ratio0.370.370.230.110.10.120.290.420.330.03
PAT to CFO Conversion(x)N/AN/AN/AN/AN/A0.17N/AN/AN/AN/A
Working Capital Days
Receivable Days1542022097171128522139
Inventory Days244238168515448252934145
Payable Days6234461963861,23975451001,279

SEL Manufacturing Company Ltd Stock News

SEL Manufacturing Company Ltd FAQs

The current trading price of SEL Manufacturing on 05-Dec-2025 15:36 is ₹30.50.
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 04-Dec-2025 the market cap of SEL Manufacturing stood at ₹96.36.
The latest P/E ratio of SEL Manufacturing as of 04-Dec-2025 is 0.00.
The latest P/B ratio of SEL Manufacturing as of 04-Dec-2025 is -0.33.
The 52-week high of SEL Manufacturing is ₹52.48 and the 52-week low is ₹25.01.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of SEL Manufacturing is ₹18.43 ( Cr.) .

About SEL Manufacturing Company Ltd

SEL Manufacturing Company was incorporated as Saluja Exim Limited on May 8, 2000 under the Companies Act, 1956 and obtained certificate of commencement of business on June 2, 2000.

R S Saluja Group was established in the year 1969 for manufacturing ready-made garments for the domestic market. Over the years, the company grown to a pioneer position in exports, supplying yarn, fabrics and garments to major markets in Russia and Middle East. At present company has four state-of-the-art garmenting units, one knitting unit and complete state of the art processing house and 50000 spindles cotton yarn spinning.

It is a vertically integrated textile company, manufacturing and exporting cotton yarn, combed yarn, knitted fabrics and knitted garments with our production facilities located in Ludhiana in Punjab and Baddi in Himachal Pradesh. To cater to its target exports markets, it has opened representative offices in Russia and Dubai. Presently, majority of its production of garments is exported to Russia and UAE.

The company is operating with a consolidated capacity to manufacture 4.5 million garment pieces per annum. Its capacities in cotton and combed yarn and fabric knitting are at approximately 29,856 spindles (6,516 tons yarns per annum) and 1,950 tons of fabric knitting per annum respectively.

It manufactures and export all types of knitted garments and its main products include t-shirts, polo shirts, sweat shirts, boxer shorts, thermals, girls top etc. A part of yarn produced from its spinning units are captively consumed for the knitting operations and balance is sold in both domestic as well as overseas market. Similarly, the fabric that it knit is also used for both knitted garment manufacturing and is also sold in local market as knitted fabric.

Their strong competencies in product development, manufacturing and marketing, are complimented by their most significant advantage in textiles that they make their own yarns and fabrics to meet quality and shipment time of garments. Their wide initiatives to achieve manufacturing and supply chain excellence, close collaboration with their suppliers, and sales offices at the customer’s doorstep all guarantee fast and flexible solutions.

With decades of expertise and excellence of meeting the discerning needs of niche client’s world wide, SEL Manufacturing Company has laid out ambitious plans of product capacity augmentation to continue its proud contributions in the world of premium quality cotton - yarn, fabrics and garments. 

Product range of the company includes :

  • Yarns
  • Knitted Fabrics:
  • Auto stripe, Body dia, Pleated jersey, Dri fit fabric, Organic cottonfibre dyed, Mercerised fabric,Lycra fabrics, Enzyme washed, Resin finished,Easy care,Teflon finish, Vegetable dyed fabrics
  • Garments:
  • T-shirt, polo shirt, Thermal Suits, Tank top, Shorts, Track suit, Sweat shirt and Undergarments
  • Terry Towels:- Beach Towels - Bath Towels- Kitchen Towels- Christmas Towels - Embellished/Embroidery Towel- Specialty Towels- Terry Madeups

Different divisions of the company:

  • Yarns Division
  • Knitted Fabrics Division
  • Garments Division
  • Terry Towels Division

Milestones:

  • 2000 -Incorporation of the Company on May 8, 2000 under the name of ‘Saluja Exim Limited’
  • 2003- Change of name to ‘SEL Manufacturing Company Limited’ w.e.f. July 21, 2003 Change of name to ‘Saluja Exim Limited’ w.e.f. November 14, 2003
  • 2004 -Change of name to ‘SEL Manufacturing Company Limited’ w.e.f. February 9, 2004
  • 2004 -Conversion of our Company from ‘public company’ to ‘private company’ w.e.f. March 31,2004
  • 2005 -The Company became a partner in M/s S E Exports w.e.f April 1, 2005
  • 2005- Insertion of following clause to our main objects w.e.f November 12, 2005: - to carry on business of manufacturing and processing of and dealers in all kinds of yarns, hosiery goods, readymade garments, carpets, duries, mats, rugs, blankets and other similar articles.
  • 2006 -Amalgamation of SPPL & SFL with the Company w.e.f April 1, 2004 vide court order dated February 23, 2006.
  • 2006 -Conversion of our Company from ‘private company’ to ‘public company’ w.e.f March 16, 2006
  • 2006 -Acquisition of 100% EOU spinning unit of Saluja Cotex Private Limited w.e.f June 1, 2006
  • 2006 -Acquisition of assets & property of Mangla Cotex Limited through bidding process from official liquidator vide order dated March 23, 2006 passed by the Hon’ble High Court of Punjab & Haryana at Chandigarh.
  • 2009 - The Company has acquired a majority stake in SEL Textiles Pvt Ltd, thereby making it a subsidiary.
    The Company acquired two spinning units located at Neemrana, District Alwar, Rajasthan and Hansi, District Hisar, Haryana.
  • 2010 - Setting-up of first bio-mass based captive power generation plant at Rahon, District Nawanshahr, Punjab.
    Setting-up of second Terry Towel unit at Rahon, thereby increasing the capacity levels to 45 TPD.
  • 2011 - Setting-up of India’s largest spinning unit at a single location, located at Mehatwara, District Sehore, Madhya Pradesh.
    Acquired another Garment manufacturing unit in Ludhiana.
    Went live with one of the fastest ERP implementations in the industry.
  • 2012 - Setting-up of the second bio-mass based captive power generation plant at Rahon, District Nawanshahr, Punjab.
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