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Last Updated on: 04 March, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Selan Explorations Technology Ltd

About the Company - Selan Explorations Technology Ltd

Selan Exploration Technology Ltd. is a Public Limited Listed company incorporated on 05/07/1985 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L74899DL1985PLC021445 and registration number is 021445. Currently Company is involved in the business activities of Extraction of crude petroleum. Company’s Total Operating Revenue is Rs. 77.31 Cr. and Equity Capital is Rs. 15.20 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Oil Drilling And ExplorationUnit No. 455-457, 4th Floor, JMD Megapolis, Sector-48, Gurgaon Haryana 122018investors@selanoil.com
http://www.selanoil.com
Management
NamePosition Held
Mr. Suniti Kumar BhatManaging Director
Mr. Siva Kumar PothepalliWhole Time Director
Mr. Baikuntha Nath TalukdarInd. Non-Executive Director
Ms. Vishruta KaulInd. Non-Executive Director
Mr. Raman Singh SidhuInd. Non-Executive Director
Mr. Manjit SinghInd. Non-Executive Director

Selan Exploration Technology Ltd. Share Price Update

Share PriceValue
Today₹469.35
Previous Day₹494.00

Basic Stock Data of Selan Explorations Technology Ltd

Market Cap 760 Cr.
Current Price 500
High / Low592/229
Stock P/E29.4
Book Value 246
Dividend Yield0.00 %
ROCE11.7 %
ROE8.96 %
Face Value 10.0

Data Source: screener.in

Competitors of Selan Explorations Technology Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Jindal Drilling & Industries Ltd 1,957 Cr. 675915/21319.5 3850.07 %13.1 %11.0 % 5.00
Galaxy Surfactants Ltd 8,637 Cr. 2,4362,989/2,21827.4 5720.90 %23.6 %22.1 % 10.0
Oil India Ltd 64,278 Cr. 593630/2409.23 3703.37 %25.4 %25.2 % 10.0
Aban Offshore Ltd 422 Cr. 72.393.5/31.2 3,9520.00 %%% 2.00
South West Pinnacle Exploration Ltd 361 Cr. 129192/92.044.1 42.50.39 %9.96 %7.32 % 10.0
Industry Average15,131.00 Cr781.0620.051,064.300.95%14.41%13.12%7.40

Selan Explorations Technology Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales13.0912.5215.0216.2618.2419.4923.1730.1232.6328.6626.6128.1239.19
Expenses14.1113.2718.2514.7716.2616.7922.0719.4322.3022.0822.6223.1428.55
Operating Profit-1.02-0.75-3.231.491.982.701.1010.6910.336.583.994.9810.64
OPM %-7.79%-5.99%-21.50%9.16%10.86%13.85%4.75%35.49%31.66%22.96%14.99%17.71%27.15%
Other Income3.281.842.102.081.781.841.962.112.033.403.953.412.94
Interest0.030.030.030.020.030.020.020.010.120.080.220.090.11
Depreciation0.610.620.570.600.570.570.510.530.650.640.590.690.80
Profit before tax1.620.44-1.732.953.163.952.5312.2611.599.267.137.6112.67
Tax %-84.57%-400.00%163.58%43.39%32.28%21.52%-19.37%25.94%23.99%17.82%24.96%33.77%25.65%
Net Profit2.992.201.101.672.143.103.029.088.817.615.355.049.42
EPS in Rs1.971.450.721.101.412.041.995.975.805.013.523.326.20

Selan Explorations Technology Ltd Quarterly Chart

Selan Explorations Technology Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales93971017962567793904977118123
Expenses34372022242130293437506796
Operating Profit59608257383547645512275126
OPM %63%61%81%72%61%63%61%69%62%24%35%43%21%
Other Income11121312108811-11081214
Interest4100200000000
Depreciation11262426282121222222223
Profit before tax647068442015345432-1134037
Tax %31%35%35%36%35%40%34%4%30%611%21%23%
Net Profit444545281392252226103127
EPS in Rs25.8326.8527.1617.267.875.3813.4531.4114.764.116.5320.3018.05
Dividend Payout %12%19%18%29%64%93%37%15%34%122%77%-0%

Selan Explorations Technology Ltd Profit & Loss Yearly Chart

Selan Explorations Technology Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:9%
3 Years:10%
TTM:16%
Compounded Profit Growth
10 Years:-4%
5 Years:7%
3 Years:10%
TTM:14%
Stock Price CAGR
10 Years:2%
5 Years:26%
3 Years:57%
1 Year:88%
Return on Equity
10 Years:8%
5 Years:7%
3 Years:4%
Last Year:9%

Selan Explorations Technology Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171616161616161515151515
Reserves191221245264267266278310313311314345359
Borrowings12000000111044
Other Liabilities564977102856773626449476371
Total Liabilities275287339382368349368388393376376427449
Fixed Assets66811109121198713257
CWIP1211131592072081992031971801641491660
Investments00000035133127129135176114
Other Assets148167172164150140119487674857378
Total Assets275287339382368349368388393376376427449

Selan Explorations Technology Ltd Reserves and Borrowings Chart

Selan Explorations Technology Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 474875621737671004136-1869
Cash from Investing Activity -18-1-58-63-16-11-54-100-12-2-6-72
Cash from Financing Activity -35-28-21-10-12-10-9-20-21-8-8-0
Net Cash Flow-719-4-12-11173-20826-32-3

Selan Explorations Technology Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days785887696587897271948958
Inventory Days
Days Payable
Cash Conversion Cycle785887696587897271948958
Working Capital Days66355-2968128106957714410885
ROCE %32%31%27%16%8%5%11%15%10%-2%4%12%

Selan Explorations Technology Ltd Financial Efficiency Indicators Chart

Selan Explorations Technology Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters30.09%30.09%30.09%30.09%30.09%39.56%39.54%30.46%30.46%30.46%30.46%30.46%
FIIs2.53%3.43%2.96%3.53%4.21%3.78%3.78%3.78%3.78%3.78%3.78%3.71%
DIIs1.91%1.90%1.91%1.91%1.25%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public65.47%64.58%65.04%64.47%64.45%56.66%56.66%65.74%65.75%65.75%65.76%65.83%
No. of Shareholders22,65822,38523,38722,83921,68720,19821,21220,07519,32118,91019,32918,703

Selan Explorations Technology Ltd Shareholding Pattern Chart

No. of Selan Explorations Technology Ltd Shareholders

This stock is not held by any mutual fund

Selan Explorations Technology Ltd ROCE Trend

Selan Explorations Technology Ltd EPS Trend

Selan Explorations Technology Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)20.296.534.1014.6431.54
Diluted EPS (Rs.)20.296.534.1014.6431.54
Cash EPS (Rs.)34.7921.085.7616.8334.40
Book Value[Excl.RevalReserv]/Share (Rs.)236.77216.27214.75215.63205.82
Book Value[Incl.RevalReserv]/Share (Rs.)236.77216.27214.75215.63205.82
Dividend / Share (Rs.)0.005.005.005.005.00
Revenue From Operations / Share (Rs.)77.5950.8632.1258.9558.95
PBDIT / Share (Rs.)41.2622.890.9329.3435.91
PBIT / Share (Rs.)26.768.34-0.7227.2634.05
PBT / Share (Rs.)26.488.28-0.8021.2334.01
Net Profit / Share (Rs.)20.296.534.1014.7632.54
PBDIT Margin (%)53.1645.002.9049.7660.90
PBIT Margin (%)34.4816.40-2.2446.2457.75
PBT Margin (%)34.1216.28-2.5036.0157.68
Net Profit Margin (%)26.1512.8312.7725.0455.19
Return on Networth / Equity (%)8.573.011.916.8415.81
Return on Capital Employeed (%)9.963.43-0.2910.8514.12
Return On Assets (%)7.222.641.665.7013.26
Asset Turnover Ratio (%)0.290.200.120.220.24
Current Ratio (X)12.6030.5131.7618.0627.15
Quick Ratio (X)11.3429.4030.7117.4025.92
Dividend Payout Ratio (NP) (%)0.0076.58121.8133.8715.91
Dividend Payout Ratio (CP) (%)0.0023.7186.8029.7015.05
Earning Retention Ratio (%)0.0023.42-21.8166.1384.09
Cash Earning Retention Ratio (%)0.0076.2913.2070.3084.95
Interest Coverage Ratio (X)147.00382.3811.07261.84874.43
Interest Coverage Ratio (Post Tax) (X)73.31110.0549.63185.59793.49
Enterprise Value (Cr.)346.23233.25156.1258.10272.84
EV / Net Operating Revenue (X)2.943.023.200.642.92
EV / EBITDA (X)5.526.70109.911.304.80
MarketCap / Net Operating Revenue (X)3.143.734.171.153.09
Retention Ratios (%)0.0023.41-21.8166.1284.08
Price / BV (X)1.030.870.620.310.88
Price / Net Operating Revenue (X)3.143.734.171.153.09
EarningsYield0.080.030.030.210.17

Selan Explorations Technology Ltd Profitability Ratios (%)

Selan Explorations Technology Ltd Liquidity Ratios

Selan Explorations Technology Ltd Liquidity Ratios (%)

Selan Explorations Technology Ltd Interest Coverage Ratios (X)

Selan Explorations Technology Ltd Valuation Ratios

Fair Value / Intrinsic Value of Selan Explorations Technology Ltd

Fair Value: ₹660.98

The stock is undervalued by 32.20% compared to the current price ₹500

*Investments are subject to market risks

Strength and Weakness of Selan Explorations Technology Ltd

StrengthWeakness
  1. The company has higher reserves (283.38 cr) compared to borrowings (1.77 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (85.77 cr) and profit (37.69 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 26.07 and average Dividend Yield of 30.53%.
  2. The stock has a low average ROCE of 14.08%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 75.50, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 76.42, which may not be favorable.

Should I Buy Selan Explorations Technology Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Selan Explorations Technology Ltd:
    1. Net Profit Margin: 26.15%
      • 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: 9.96% (Industry Average ROCE: 12.47%)
      • 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. Interest Coverage Ratio (Post Tax): 73.31
      • 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.
    4. Quick Ratio: 11.34
      • 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.
    5. ✗ Stock P/E: 29.2 (Industry average Stock P/E: 16.25)
      • 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.
    6. ✗ Total Debt / Equity: N/A
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Selan Explorations Technology 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