Salem Erode Investments Ltd

Salem Erode Inv. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Salem Erode Investments Ltd

₹ 50.0 -1.46%
03 Jul 1:45 p.m.
salemerode.com BSE: 540181
About

Incorporated in 1931, Salem Erode Investments Ltd (SEIL) is in lending business as an NBFC

Key Points

Business Overview:[1][2]
On 17th February 2020, company was acquired by ICL Fincorp Limited which is a Non Banking Financial Company providing Gold Loan, Business Loan, Hire Purchase Loan, etc. After acquisition, company expanded its business and now has 12 branches in Southern India. ICL Fincorp Ltd holds 75% stake in SEIL. Company focuses on Gold Loans.

Website BSE
  • Market Cap ₹ 57.3 Cr.
  • Current Price ₹ 50.0
  • High / Low ₹ 82.8 / 35.0
  • Stock P/E 69.1
  • Book Value ₹
  • Dividend Yield 0.00 %
  • ROCE 6.34 %
  • ROE 4.96 %
  • Face Value ₹ 1.00
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Pros

  • Company is almost debt free.

Cons

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
11.33 1.35 1.37
0.20 0.78 0.30
Operating Profit 11.13 0.57 1.07
OPM % 98.23% 42.22% 78.10%
0.01 0.04 0.05
Interest 0.00 0.00 0.00
Depreciation 0.01 0.08 0.06
Profit before tax 11.13 0.53 1.06
Tax % 13.03% 20.75% 21.70%
9.68 0.41 0.83
EPS in Rs 8.44 0.36 0.72
Dividend Payout % 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 102%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 129%
1 Year: 31%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
Equity Capital 1.15 1.15 1.15
Reserves 15.13 15.24 15.91
0.00 0.00 0.00
3.46 0.69 0.71
Total Liabilities 19.74 17.08 17.77
0.26 0.18 0.12
CWIP 0.00 0.00 0.00
Investments 5.20 4.62 7.76
14.28 12.28 9.89
Total Assets 19.74 17.08 17.77

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
-2.47 -0.86 0.81
3.96 -1.70 -1.01
0.00 0.00 0.00
Net Cash Flow 1.49 -2.56 -0.21

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018
Debtor Days 0.00 0.00 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 0.00 0.00 0.00
Working Capital Days -16.11 -35.15 -29.31
ROCE % 3.24% 6.34%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73% 0.73%
24.27% 24.27% 24.27% 24.27% 24.27% 24.26% 24.26% 24.27% 24.26% 24.27% 24.26% 24.26%
No. of Shareholders 6395275271,0089861,0841,1041,1051,1241,1451,1921,262

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

Credit ratings