| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 3.0 | 5.8 | −47.6% |
| EBITDA | −1.9 | −0.8 | — |
| EBITDA margin | −61.6% | −13.3% | −48.4 pts |
| Profit before tax | −42.0 | −41.0 | — |
| Net profit | −42.0 | −41.0 | — |
| EPS | −₹12.67 | −₹12.39 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 71.7 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2.2 | 2.2 | 2.6 | 3.0 | 2.9 | ||
| 985 | 985 | 962 | 940 | 932 | ||
| 1,054 | — | — | — | — | ||
| 12.7 | 15.4 | 32.9 | 374 | 554 | ||
| — | −53.1% | −91.2% | −32.5% | — | ||
| −6.4 | −5.3 | −9.8 | −55.1 | −71.2 | ||
| −50.5% | −34.5% | −29.7% | −14.7% | −12.9% | ||
| −91.9 | −93.2 | −104 | −150 | −173 | ||
| −169 | −168 | −131 | −193 | −186 | ||
| −1,330.2% | −1,087.9% | −397.7% | −51.6% | −33.5% | ||
| −₹50.95 | −₹50.66 | −₹39.45 | −₹58.23 | −₹56.11 | ||
| — | −28.4% | +32.3% | −3.8% | — | ||
| — | 77.9 | 67.1 | 37.2 | 44.2 | ||
| — | 0.0 | 0.0 | 0.0 | −0.1 | ||
| 77.9 | 77.9 | 67.1 | 37.2 | 44.1 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 71.7 | |
| - Cash, Equiv & ST Investments | 2.9 | 3.0 | 2.6 | 2.2 | 2.2 | |
| + Total Debt | 931.9 | 939.9 | 961.5 | 984.5 | 984.5 | |
| Enterprise Value | — | — | — | — | 1,054.0 | |
| Revenue | 554.4 | 374.3 | 32.9 | 15.4 | 12.7 | |
| Growth %, YoY | — | -32.5 | -91.2 | -53.1 | — | |
| EBITDA | -71.2 | -55.1 | -9.8 | -5.3 | -6.4 | |
| Margin % | -12.85 | -14.73 | -29.71 | -34.48 | -50.54 | |
| EBIT | -172.8 | -150.3 | -103.5 | -93.2 | -91.9 | |
| Net Income | -185.9 | -193.0 | -130.7 | -167.9 | -168.8 | |
| Margin % | -33.54 | -51.55 | -397.70 | -1,087.89 | -1,330.22 | |
| EPS, Adj (current shares) | -56.11 | -58.23 | -39.45 | -50.66 | -50.95 | |
| Growth %, YoY | — | -3.8 | +32.3 | -28.4 | — | |
| Cash from Operations | 44.2 | 37.2 | 67.1 | 77.9 | — | |
| Capital Expenditures | -0.1 | -0.0 | -0.0 | -0.0 | — | |
| Free Cash Flow | 44.1 | 37.2 | 67.1 | 77.9 | 77.9 | |
Prices at the previous close · figures from the company's filings with NSE
SEL Manufacturing (NSE: SELMC) had a market capitalisation of ₹71.7 crore at the previous close (₹21.63 a share). In FY26 its standalone net loss was ₹168 crore on revenue of ₹15.4 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹42 crore. Its net worth was negative (−₹400 crore) on 31 March 2026, with borrowings of ₹985 crore. Promoters held 75.00% of the shares on 31 March 2026.
SEL Manufacturing's PE ratio is not meaningful at the previous close: its standalone net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹169 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹71.7 crore at ₹21.63 a share.
SEL Manufacturing's debt-to-equity ratio is not meaningful: its total equity was negative (−₹400 crore) on 31 March 2026, against borrowings of ₹985 crore. A negative equity means accumulated losses exceed the capital shareholders put in.
SEL Manufacturing's net worth was negative on 31 March 2026: shareholders' equity of −₹400 crore in its standalone balance sheet, meaning accumulated losses exceed the capital put in. The market still values the company at ₹71.7 crore (market capitalisation at the previous close).
SEL Manufacturing's market capitalisation was ₹71.7 crore at the previous close: 3.31 crore shares at ₹21.63 each.
No. SEL Manufacturing had borrowings of ₹985 crore on 31 March 2026 (standalone balance sheet). Its cash and current investments were ₹2.4 crore, so its net debt was ₹982 crore.
SEL Manufacturing's basic earnings per share (EPS) were −₹50.66 in FY26, against −₹39.45 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹50.94.
SEL Manufacturing's return on equity is not meaningful for FY26: shareholders' equity was negative (−₹400 crore on 31 March 2026), and a return on a negative base has no sign that can be read. Its return on capital employed (ROCE) was −36.4% — operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
On 31 March 2026, SEL Manufacturing's shares were held by promoters 75.00%, foreign portfolio investors (FII/FPI) 0.08%, domestic institutions (DII) 10.81% and retail and other non-institutional investors 14.11%. Over the year, FII holding was down 0.05 percentage points from 0.13% and DII holding was down 0.99 percentage points from 11.80%.
SEL Manufacturing's latest results are for Q1 FY27 (April–June 2026), filed on 6 August 2026: standalone net loss ₹42 crore, wider than the loss of ₹41 crore in Q1 FY26; revenue from operations ₹3 crore, down 47.6% year on year.
Promoters held 75.00% of SEL Manufacturing on 31 March 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26, SEL Manufacturing generated ₹77.9 crore of cash from operations and spent ₹0 lakh on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹77.9 crore. In FY25 it was ₹67.1 crore.
In FY26 (April 2025–March 2026), SEL Manufacturing's standalone net loss was ₹168 crore, wider than the loss of ₹131 crore in FY25, on revenue from operations of ₹15.4 crore (down 53.1%).
SEL Manufacturing has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 standalone figures, against Reliance Chemotex Industries, Bhandari Hosiery Exports and Digjam: SEL Manufacturing's operating margin of −603.9% is the lowest of the four (Reliance Chemotex Industries 7.2%, Bhandari Hosiery Exports 7.4%, Digjam 9.4%; peer average 8.0%); its revenue growth over three years of −69.7% a year is the lowest of the four (Reliance Chemotex Industries −0.3% a year, Bhandari Hosiery Exports −0.3% a year, Digjam 0.1% a year; peer average −0.2% a year).
In FY26, SEL Manufacturing earned net profit of ₹168 crore on revenue of ₹15.4 crore, against ₹5.3 crore on ₹362 crore for Reliance Chemotex Industries. SEL Manufacturing's operating margin was −603.9% (Reliance Chemotex Industries 7.2%).
From SEL Manufacturing's own standalone results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Standalone figures from the company's filings with NSE; prices are NSE closing prices.