SEL Manufacturing Company Limited (SELMC) - Net Assets
Based on the latest financial reports, SEL Manufacturing Company Limited (SELMC) has net assets worth Rs-4.00 Billion INR (≈ $-43.21 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs8.59 Billion ≈ $92.94 Million USD) and total liabilities (Rs12.59 Billion ≈ $136.16 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SEL Manufacturing Company Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs-4.00 Billion |
| % of Total Assets | -46.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | -251.5% |
| 10-Year Change | -646.29% |
| Growth Volatility | 867.25 |
SEL Manufacturing Company Limited - Net Assets Trend (2007–2026)
This chart illustrates how SEL Manufacturing Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SELMC stock market capitalisation.
Annual Net Assets for SEL Manufacturing Company Limited (2007–2026)
The table below shows the annual net assets of SEL Manufacturing Company Limited from 2007 to 2026. Also explore SEL Manufacturing Company Limited equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs-4.00 Billion ≈ $-43.21 Million |
-91.09% |
| 2025-03-31 | Rs-2.09 Billion ≈ $-22.61 Million |
-270.83% |
| 2024-03-31 | Rs-563.89 Million ≈ $-6.10 Million |
-137.99% |
| 2023-03-31 | Rs1.48 Billion ≈ $16.05 Million |
-43.73% |
| 2022-03-31 | Rs2.64 Billion ≈ $28.52 Million |
-36.63% |
| 2021-03-31 | Rs4.16 Billion ≈ $45.01 Million |
+112.39% |
| 2020-03-31 | Rs-33.60 Billion ≈ $-363.37 Million |
-21.65% |
| 2019-03-31 | Rs-27.62 Billion ≈ $-298.72 Million |
-15.73% |
| 2018-03-31 | Rs-23.87 Billion ≈ $-258.11 Million |
-3362.91% |
| 2017-03-31 | Rs731.44 Million ≈ $7.91 Million |
-90.21% |
| 2016-03-31 | Rs7.47 Billion ≈ $80.82 Million |
-31.58% |
| 2015-03-31 | Rs10.92 Billion ≈ $118.13 Million |
-9.16% |
| 2014-03-31 | Rs12.02 Billion ≈ $130.04 Million |
-19.26% |
| 2013-03-31 | Rs14.89 Billion ≈ $161.05 Million |
+35.85% |
| 2012-03-31 | Rs10.96 Billion ≈ $118.55 Million |
+8.12% |
| 2011-03-31 | Rs10.14 Billion ≈ $109.64 Million |
+101.13% |
| 2010-03-31 | Rs5.04 Billion ≈ $54.51 Million |
+54.64% |
| 2009-03-31 | Rs3.26 Billion ≈ $35.25 Million |
+47.68% |
| 2008-03-31 | Rs2.21 Billion ≈ $23.87 Million |
+68.99% |
| 2007-03-31 | Rs1.31 Billion ≈ $14.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SEL Manufacturing Company Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs331.35 Million | % |
| Other Comprehensive Income | Rs-4.33 Billion | % |
| Total Equity | Rs-4.00 Billion | 100.00% |
SEL Manufacturing Company Limited Competitors by Market Cap
The table below lists competitors of SEL Manufacturing Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BTM Resources Bhd
KLSE:7188
|
$9.46 Million |
|
Curvebeam Ai Ltd
AU:CVB
|
$9.46 Million |
|
Koszalinskie Przedsiebiorstwo Przemyslu Drzewnego SA
WAR:KPD
|
$9.47 Million |
|
Excite Technology Services Ltd
AU:EXT
|
$9.47 Million |
|
European Electric Metals Inc
V:EVX
|
$9.46 Million |
|
Cellectar Biosciences Inc
NASDAQ:CLRB
|
$9.46 Million |
|
Pilot Energy Ltd
AU:PGY
|
$9.44 Million |
|
Fortune Rise Acquisition Corp
NASDAQ:FRLA
|
$9.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SEL Manufacturing Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from -2,091,062,000 to -3,995,798,000, a change of -1,904,736,000.
- Net loss of 1,678,723,000 reduced equity.
- Other comprehensive income decreased equity by 5,574,261,000.
- Other factors increased equity by 5,348,248,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-1.68 Billion | -42.01% |
| Other Comprehensive Income | Rs-5.57 Billion | -139.5% |
| Other Changes | Rs5.35 Billion | +133.85% |
| Total Change | Rs- | % |
Book Value vs Market Value Analysis
This analysis compares SEL Manufacturing Company Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-03-31 | Rs132762.90 | Rs26.41 | x |
| 2008-03-31 | Rs104270.55 | Rs26.41 | x |
| 2009-03-31 | Rs188122.63 | Rs26.41 | x |
| 2010-03-31 | Rs240233.67 | Rs26.41 | x |
| 2011-03-31 | Rs102019.93 | Rs26.41 | x |
| 2012-03-31 | Rs129063.25 | Rs26.41 | x |
| 2013-03-31 | Rs49753.06 | Rs26.41 | x |
| 2014-03-31 | Rs36281.29 | Rs26.41 | x |
| 2015-03-31 | Rs32951.56 | Rs26.41 | x |
| 2016-03-31 | Rs22546.11 | Rs26.41 | x |
| 2017-03-31 | Rs2207.49 | Rs26.41 | x |
| 2018-03-31 | Rs-72032.88 | Rs26.41 | x |
| 2019-03-31 | Rs-83366.63 | Rs26.41 | x |
| 2020-03-31 | Rs-101410.32 | Rs26.41 | x |
| 2021-03-31 | Rs13148.39 | Rs26.41 | x |
| 2022-03-31 | Rs79.63 | Rs26.41 | x |
| 2023-03-31 | Rs44.83 | Rs26.41 | x |
| 2024-03-31 | Rs-17.02 | Rs26.41 | x |
| 2025-03-31 | Rs-63.11 | Rs26.41 | x |
| 2026-03-31 | Rs-120.58 | Rs26.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SEL Manufacturing Company Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1087.89%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-17.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 17.39% | 11.15% | 0.65x | 2.38x | Rs96.33 Million |
| 2008 | 19.90% | 10.97% | 0.61x | 2.96x | Rs218.46 Million |
| 2009 | 17.63% | 9.50% | 0.56x | 3.34x | Rs248.46 Million |
| 2010 | 14.27% | 7.67% | 0.57x | 3.24x | Rs215.29 Million |
| 2011 | 11.10% | 6.61% | 0.54x | 3.09x | Rs111.99 Million |
| 2012 | 7.57% | 3.73% | 0.47x | 4.29x | Rs-266.23 Million |
| 2013 | 9.27% | 3.65% | 0.62x | 4.12x | Rs-109.14 Million |
| 2014 | -24.49% | -8.10% | 0.55x | 5.48x | Rs-4.15 Billion |
| 2015 | -13.70% | -5.22% | 0.41x | 6.46x | Rs-2.59 Billion |
| 2016 | -49.52% | -15.01% | 0.35x | 9.48x | Rs-4.45 Billion |
| 2017 | -782.94% | -27.51% | 0.32x | 87.95x | Rs-5.80 Billion |
| 2018 | 0.00% | -200.19% | 0.34x | 0.00x | Rs-22.89 Billion |
| 2019 | 0.00% | -61.39% | 0.18x | 0.00x | Rs-962.62 Million |
| 2020 | 0.00% | -166.57% | 0.13x | 0.00x | Rs-2.51 Billion |
| 2021 | 602.23% | 1323.83% | 0.13x | 3.58x | Rs24.66 Billion |
| 2022 | -49.75% | -31.24% | 0.30x | 5.25x | Rs-1.58 Billion |
| 2023 | -125.17% | -33.54% | 0.45x | 8.25x | Rs-2.01 Billion |
| 2024 | 0.00% | -54.88% | 0.33x | 0.00x | Rs-1.87 Billion |
| 2025 | 0.00% | -397.70% | 0.03x | 0.00x | Rs-1.10 Billion |
| 2026 | 0.00% | -1087.89% | 0.02x | 0.00x | Rs-1.28 Billion |
Industry Comparison
This section compares SEL Manufacturing Company Limited's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $5,259,975,500
- Average return on equity (ROE) among peers: -14.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SEL Manufacturing Company Limited (SELMC) | Rs-4.00 Billion | 17.39% | N/A | $9.46 Million |
| Aarvee Denims & Exports Limited (AARVEEDEN) | $2.72 Billion | 2.06% | 2.38x | $38.07 Million |
| Akshar Spintex Limited (AKSHAR) | $406.42 Million | -6.80% | 0.88x | $3.49 Million |
| Alok Industries Limited (ALOKINDS) | $16.89 Billion | -182.50% | 18.36x | $394.14 Million |
| Alps Industries Limited (ALPSINDUS) | $2.75 Billion | 11.03% | 1.56x | $14.51 Million |
| Axita Cotton Limited (AXITA) | $624.92 Million | 1.26% | 0.23x | $33.07 Million |
| AYM Syntex Limited (AYMSYNTEX) | $3.03 Billion | 1.94% | 1.66x | $187.25 Million |
| Banswara Syntex Limited (BANSWRAS) | $2.16 Billion | 12.00% | 4.16x | $41.96 Million |
| Bannari Amman Spinning Mills Limited (BASML) | $3.47 Billion | 0.70% | 2.59x | $21.37 Million |
| Bombay Dyeing & Mfg Company Limited (BOMDYEING) | $15.55 Billion | 1.31% | 1.63x | $244.76 Million |
| Cheviot Company Limited (CHEVIOT) | $5.00 Billion | 10.81% | 0.09x | $73.94 Million |
About SEL Manufacturing Company Limited
SEL Manufacturing Company Limited operates as a textile company primarily in India. Its products portfolio includes knitted garments, terry towels, knitted and processed fabrics, and various yarns. SEL Manufacturing Company Limited was founded in 1969 and is based in Ludhiana, India.