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Last Updated on: 30 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

SEL Manufacturing Company Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 29, 2024, 9:08 pm

Market Cap 149 Cr.
Current Price 44.9
High / Low 97.4/40.0
Stock P/E
Book Value 17.0
Dividend Yield0.00 %
ROCE15.1 %
ROE452 %
Face Value 10.0
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for SEL Manufacturing Company Ltd

Competitors of SEL Manufacturing Company Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IGC Industries Ltd 37.9 Cr. 10.9 24.8/10.3 0.260.00 %1.19 %16.6 % 10.0
Hindoostan Mills Ltd 36.2 Cr. 218 411/195 2610.00 %4.73 %5.74 % 10.0
Gokak Textiles Ltd 105 Cr. 162 276/88.4 44.50.00 %1.31 %% 10.0
Globus Power Generation Ltd 181 Cr. 18.3 43.0/13.8 0.480.00 %25.8 %25.8 % 10.0
Gaekwar Mills Ltd 2.63 Cr. 13.1 13.1/13.1 3620.00 %66.6 %% 10.0
Industry Average1,986.42 Cr288.2342.4393.280.06%12.12%34.68%8.35

All Competitor Stocks of SEL Manufacturing Company Ltd

Quarterly Result

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales328010711711611866143228238961228
Expenses12087113114112138821542522621171832
Operating Profit-89-7-633-20-17-11-23-24-21-6-4
OPM %-280%-9%-5%3%3%-17%-26%-8%-10%-10%-22%-52%-14%
Other Income2,71112167242-21-2171
Interest177781110111215151515
Depreciation-1282626252725252524242423
Profit before tax2,622-42-37-28-24-51-28-45-62-62-62-28-42
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit2,622-42-37-28-24-51-28-45-62-62-62-28-42
EPS in Rs791.38-12.54-11.24-8.54-7.30-15.35-8.40-13.64-18.72-18.68-18.58-8.43-12.53

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Sales3,7743,6282,8602,4622,0811,261603347189420554374
Expenses3,2533,2682,5322,1942,7411,550665423331426626429
Operating Profit521360328268-660-289-62-76-142-6-71-55
OPM %14%10%11%11%-32%-23%-10%-22%-75%-1%-13%-15%
Other Income199-12515413299-1,565-157-3632,758103017
Interest34643234249614711732304360
Depreciation16326736737415814914614510710610295
Profit before tax210-464-227-471-865-2,013-372-5872,507-131-186-193
Tax %35%-37%-34%-21%-34%26%0%0%0%0%0%0%
Net Profit137-294-149-370-573-2,528-372-5872,507-131-186-193
EPS in Rs4.16-8.88-4.51-11.17-17.28-76.28-11.24-17.73756.69-39.64-56.11-58.23
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)-314.60%49.32%-148.32%-54.86%-341.19%85.28%-57.80%527.09%-105.23%-41.98%-3.76%
Change in YoY Net Profit Growth (%)0.00%363.92%-197.64%93.46%-286.32%426.47%-143.08%584.88%-632.31%63.24%38.22%

SEL Manufacturing Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:-20%
5 Years:-9%
3 Years:25%
TTM:-32%
Compounded Profit Growth
10 Years:%
5 Years:-18%
3 Years:5%
TTM:1%
Stock Price CAGR
10 Years:27%
5 Years:124%
3 Years:2%
1 Year:-44%
Return on Equity
10 Years:%
5 Years:%
3 Years:-94%
Last Year:-452%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:48 pm

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Equity Capital33133133133133133133133133333333
Reserves1,157871691315-212-2,718-3,094-3,692383231115-90
Borrowings4,2554,7935,5725,8285,6585,6895,6665,6469591,017932940
Other Liabilities388592463575628432427482117105144172
Total Liabilities6,1326,5877,0577,0496,4053,7343,3302,7681,4921,3851,2251,055
Fixed Assets3,0913,0662,9252,5732,4872,3092,1552,0101,2811,1741,073977
CWIP23248157459555355955943242424242
Investments71974342424243422111
Other Assets2,7382,9443,5153,8393,32382357328416716810934
Total Assets6,1326,5877,0577,0496,4053,7343,3302,7681,4921,3851,2251,055

Reserves and Borrowings Chart

Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +206706-492240517385534600-1,226354437
Cash from Investing Activity +-970-629-63-19-1262-9699431615
Cash from Financing Activity +810-192633-264-547-456-523-609237-43-60-52
Net Cash Flow46-11477-44-41-81-34-400

Free Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow517.00356.00323.00263.00-665.00-294.00-67.00-81.00-1,101.00-7.00-1,003.00-995.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days711091341702026136781214941
Inventory Days157127275385174401521937381454419
Days Payable734515132402515514209770106
Cash Conversion Cycle22220235850434362-64-28043997-22-86
Working Capital Days167121278348220-251-967-2,6493736-36-142
ROCE %11%4%2%1%-12%-8%-4%-5%-13%-8%-14%-15%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters75.27%75.27%75.16%75.16%75.16%75.16%75.00%75.00%75.00%75.00%75.00%75.00%
FIIs0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%0.13%
DIIs24.03%23.56%23.53%23.53%23.53%23.53%23.18%21.73%21.32%19.55%19.21%18.36%
Public0.57%1.04%1.18%1.18%1.18%1.19%1.69%3.15%3.55%5.31%5.66%6.51%
No. of Shareholders16,75316,53017,14020,79420,36319,60719,82622,69122,50923,53223,04423,072

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-58.23-56.11-39.6279.18-17.73
Diluted EPS (Rs.)-58.23-56.11-39.6279.18-17.73
Cash EPS (Rs.)-29.51-25.45-7.73789.00-13.35
Book Value[Excl.RevalReserv]/Share (Rs.)-17.0244.7979.60125.61-101.41
Book Value[Incl.RevalReserv]/Share (Rs.)-17.0244.7979.60125.61-101.41
Revenue From Operations / Share (Rs.)112.96167.31126.8057.4610.64
PBDIT / Share (Rs.)-14.98-15.510.20-42.080.68
PBIT / Share (Rs.)-43.70-46.17-31.68-74.44-3.69
PBT / Share (Rs.)-61.69-56.11-39.62756.64-17.73
Net Profit / Share (Rs.)-58.23-56.11-39.62756.64-17.73
NP After MI And SOA / Share (Rs.)-58.23-56.11-39.62756.69-17.73
PBDIT Margin (%)-13.26-9.260.16-73.236.46
PBIT Margin (%)-38.68-27.59-24.98-129.56-34.67
PBT Margin (%)-54.61-33.53-31.241316.85-166.57
Net Profit Margin (%)-51.55-33.53-31.241316.85-166.57
NP After MI And SOA Margin (%)-51.55-33.53-31.241316.95-166.57
Return on Networth / Equity (%)0.00-125.16-49.75602.230.00
Return on Capital Employeed (%)-18.98-14.58-8.35-17.927.01
Return On Assets (%)-18.28-15.17-9.47168.00-21.21
Long Term Debt / Equity (X)-14.526.033.762.30-0.46
Total Debt / Equity (X)-16.676.273.852.30-0.98
Asset Turnover Ratio (%)0.320.420.290.080.11
Current Ratio (X)0.090.501.141.270.05
Quick Ratio (X)0.040.200.851.080.04
Inventory Turnover Ratio (X)8.5610.554.220.671.26
Interest Coverage Ratio (X)-0.83-1.190.02-78.848.67
Interest Coverage Ratio (Post Tax) (X)-2.43-3.54-3.55-139.47-46.47
Enterprise Value (Cr.)1166.361452.952493.25948.923380.83
EV / Net Operating Revenue (X)3.122.625.934.989.59
EV / EBITDA (X)-23.49-28.283656.33-6.81148.26
MarketCap / Net Operating Revenue (X)0.610.943.530.010.03
Price / BV (X)-4.083.535.630.010.00
Price / Net Operating Revenue (X)0.610.943.530.010.03
EarningsYield-0.83-0.35-0.08663.76-43.23

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of SEL Manufacturing Company Ltd as of December 30, 2024 is: 1,175.65

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 30, 2024, SEL Manufacturing Company Ltd is Undervalued by 2,518.37% compared to the current share price 44.90

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of SEL Manufacturing Company Ltd as of December 30, 2024 is: 558.04

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 30, 2024, SEL Manufacturing Company Ltd is Undervalued by 1,142.85% compared to the current share price 44.90

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -52.53%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Working Capital Days of -15.92, which is a positive sign.
  1. The stock has a low average ROCE of -5.08%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 147.92, which may not be favorable.
  3. The company has higher borrowings (3,912.92) compared to reserves (-503.58), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (208.33) and profit (-273.83).

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in SEL Manufacturing Company Ltd:
    1. Net Profit Margin: -51.55%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: -18.98% (Industry Average ROCE: 12.12%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 0% (Industry Average ROE: 34.68%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): -2.43
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.04
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 42.43)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: -16.67
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

SEL Manufacturing Company Ltd. is a Public Limited Listed company incorporated on 08/05/2000 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L51909PB2000PLC023679 and registration number is 023679. Currently company belongs to the Industry of Textiles - General. Company’s Total Operating Revenue is Rs. 420.13 Cr. and Equity Capital is Rs. 33.13 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Textiles - General274, Dhandari Khurd, G. T. Road, Ludhiana Punjab 141014cs@selindia.in
http://www.selindia.in
Management
NamePosition Held
Mr. Manjit Singh KocharChairperson & Independent Director
Mr. Rajeev BhallaManaging Director & CEO
Mr. Naveen AroraWhole Time Director
Ms. Seema SinghIndependent Director
Mr. Dinesh Kumar MehtaniDirector
Mr. Shashank RaiDirector

FAQ

What is the latest intrinsic value of SEL Manufacturing Company Ltd?

The latest intrinsic value of SEL Manufacturing Company Ltd as on 30 December 2024 is ₹1175.65, which is 2518.37% higher than the current market price of ₹44.90. The stock has a market capitalization of 149 Cr. and recorded a high/low of 97.4/40.0 during the current fiscal year 2024-2025. As of Mar 2024, the company has reserves of ₹-90 Cr and total liabilities of ₹1,055 Cr.

What is the Market Cap of SEL Manufacturing Company Ltd?

The Market Cap of SEL Manufacturing Company Ltd is 149 Cr..

What is the current Stock Price of SEL Manufacturing Company Ltd as on 30 December 2024?

The current stock price of SEL Manufacturing Company Ltd as on 30 December 2024 is 44.9.

What is the High / Low of SEL Manufacturing Company Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of SEL Manufacturing Company Ltd stocks is 97.4/40.0.

What is the Stock P/E of SEL Manufacturing Company Ltd?

The Stock P/E of SEL Manufacturing Company Ltd is .

What is the Book Value of SEL Manufacturing Company Ltd?

The Book Value of SEL Manufacturing Company Ltd is 17.0.

What is the Dividend Yield of SEL Manufacturing Company Ltd?

The Dividend Yield of SEL Manufacturing Company Ltd is 0.00 %.

What is the ROCE of SEL Manufacturing Company Ltd?

The ROCE of SEL Manufacturing Company Ltd is 15.1 %.

What is the ROE of SEL Manufacturing Company Ltd?

The ROE of SEL Manufacturing Company Ltd is 452 %.

What is the Face Value of SEL Manufacturing Company Ltd?

The Face Value of SEL Manufacturing Company Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in SEL Manufacturing Company Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE