SEL Manufacturing Company Ltd

NSE: SELMCBSE: 532886
Compare with peers
P/E
1.9x
ROCE
−14%
Sector
Textiles & Apparels
Industry
Other Textile Products
Listed on
NSE, BSE

About

SEL Manufacturing Company Limited is an India-based vertically integrated multi-product textile company. The Company is engaged in manufacturing various kinds of knitted garments, terry towels, knitted and processed fabric and various kinds of yarn with production facilities located in different parts of India. Its manufacturing plants are located in Lal Kalan village, near Neelon Canal Bridge, Ludhiana; Shekhan Majara village, Nawanshehar, and Mehatwara village, Sehore district, Madhya Pradesh. The Company’s subsidiary is SEL Aviation Private Limited.

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SEL Manufacturing Company Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)1.9 against a typical 16.7: cheaper than most peers (1st = cheapest).4th of 268
  • Sales growth−50% against a typical +6.7% from a year earlier.206th of 234
  • Share price, 3 months−8.2% against a typical −4%.144th of 240

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated D by ICRA
D
DefaultRiskyModerateSafeVery safe
  • No warnings from the agency.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]D—24 Mar 2026
Credit rating actions
RatingDetails
24 Mar 2026
New rating
[ICRA]D—ICRA₹ 700 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
6 Aug 2026Financial ResultsTo consider and approve the financial results for the period ended Jun 30, 2026
28 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
7 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
10 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters
30 May 2025Financial ResultsTo consider and approve the financial results for the period ended March 31, 2025
30 Jul 2024Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2024 and other business matters

Share price

1Y change −35.88%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9612282155365223
Expenses11718322477577445
Operating Profit−21−6−4−3−2−2−2−1−1−2−2−2
OPM %−22%−52%−14%−16%−42%−53%−79%−13%−23%−83%−70%−62%
Other Income−217111028411220
Interest151515161718181821192219
Depreciation242423242323232323212121
Profit before tax−62−28−42−32−43−16−40−41−44−41−42−42
Tax %0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit−62−28−42−32−43−16−40−41−44−41−42−42
EPS in Rs−18.58−8.43−12.53−9.54−13−4.83−12.09−12.39−13.35−12.3−12.63−12.68

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
−38%
5 Years
−39%
3 Years
−70%
TTM
−30%
Compounded Profit Growth
10 Years
−16%
5 Years
5%
3 Years
6%
TTM
−1%
Stock Price CAGR
10 Years
24%
5 Years
—
3 Years
−38%
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
—
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
75%
0 pts in a year
FIIs
0.08%
−0.05 pts in a year
DIIs
10.81%
−0.99 pts in a year
Public
14.11%
+1.04 pts in a year

Peers

Listed companies in the same business.

Peer comparison
SEL Manufacturing Company Ltd——1.9x———
Arvind₹ 482.00₹ 13,095 Cr.38x3.7x0%0%
Trident₹ 20.48₹ 10,437 Cr.31.9x2.5x0%0%
Garware Technical Fibres₹ 740.25₹ 7,202 Cr.37.8x5.8x0%0%
Kusumgar Ltd₹ 543.70₹ 5,725 Cr.61.9x11.9x0%0%
Filatex India₹ 91.60₹ 4,068 Cr.21.2x2.6x0%0%

Management

Rajeev Bhalla
Chief Executive Officer, Managing Director, Executive Director
Naveen Arora
Chief Financial Officer, Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.