Salem Erode Investments Ltd
Incorporated in 1931, Salem Erode Investments Ltd (SEIL) is in lending business as an NBFC
- Market Cap ₹ 58.5 Cr.
- Current Price ₹ 51.0
- High / Low ₹ 82.8 / 37.6
- Stock P/E 70.4
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 6.34 %
- ROE 4.96 %
- Face Value ₹ 1.00
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
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: | 102% |
| 1 Year: | 35% |
| 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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
16 Nov - Read with regulation 30 of the SEBI (LODR) Regulations, 2015, the company is pleased to inform about the Public Notices by way of Newspaper Advertisement''s …
- Un-Audited Standalone Financial Results For The Quarter Ended September 30, 2024 14 Nov
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Board Meeting Outcome for Outcome Of The Board Meeting Held On November 14, 2024 Of Salem Erode Investments Limited ('The Company')
14 Nov - Approval of un-audited financial results for Q3 2024.
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Board Meeting Intimation for Intimation Of Convening Of Board Meeting Of Salem Erode Investments Limited ('The Company')
9 Nov - Board meeting to approve Q2 financial results.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On November 08, 2024 Of Salem Erode Investments Limited ('The Company')
8 Nov - Approval for issuing 12,500 secured redeemable debentures.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
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Financial Year 2003
from bse
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.