SEL Manufacturing Company Ltd
The Board of Directors in their meeting held on Thursday, 28th May, 2026 has considered and approved the Audited Standalone Financial Results of the Company for the quarter and year ended ....
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 28 May 2026, 01:26 PM IST · BSE ID: f94cad73-0700-4489-a47b-3968643b0647
View Original BSE Filing (PDF)
💡
In Simple Terms
SEL Manufacturing Company reported a full-year net loss of Rs. (16,787.23) lakhs and faces significant financial challenges.
🤖 AI Summary
- SEL Manufacturing Company Ltd approved Audited Standalone Financial Results for Q4 and year ended March 31, 2026.
- Company reported a net loss of Rs. (16,787.23) lakhs for the financial year ended March 31, 2026.
- Total income from operations for the year ended March 31, 2026, was Rs. 1,564.65 lakhs.
- Company faces severe liquidity stress; multiple manufacturing plants remained shut for most of the period.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Loss for the year (FY26)
(16,787.23) lakhs
Total Income from Operations (FY26)
1,564.65 lakhs
Net Loss for Q4 FY26
(4,186.00) lakhs
Net Revenue from operations (FY26)
1,543.10 lakhs
🏢 How This Affects the Company
The company's performance was suboptimal with significant operational deficit due to sub-optimal capacity utilization and several plant shutdowns. It initiated job work activities at one unit to sustain operations.
The company incurred a substantial net loss of Rs. (16,787.23) lakhs in FY26, indicating severe liquidity stress and an inability to meet financial obligations, including loan interest and installments.
Multiple manufacturing units remained shut for the majority of FY26, severely impacting production capacity and leading to an operational deficit.
The company faces increased financial and operational risks due to outstanding debt repayment amounting to Rs. 30,871.93 lakhs and unpaid monthly interest of Rs. 19,342.64 lakhs. There is an ongoing NCLT moratorium on payments.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this filing.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, specifically the net loss of Rs. (16,787.23) lakhs for FY26 and the inability to meet debt obligations, impacting the company's going concern status.
🔍
Management Signal
Management is signaling continued financial distress, an inability to comply with aspects of the approved resolution plan, and reliance on NCLT orders for payment moratoriums.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
NCLT hearing outcome regarding banks' declassification and company's fund infusion.
Update on payment of outstanding listing fees of Rs. 5.85 lakhs.
Any announcement regarding infusion of working capital amounting to Rs. 4,000 lakhs.
HIGH RISK
Significant net losses, non-payment of debt, operational shutdowns, and reliance on NCLT moratorium indicate severe financial distress.
💡 Investor Takeaway
SEL Manufacturing Company Ltd's Audited Standalone Financial Results for FY26 reveal a net loss of Rs. (16,787.23) lakhs and a decline in total income from operations to Rs. 1,564.65 lakhs. The company is under NCLT-granted moratorium on debt payments due to severe liquidity stress.
⚖️ Strengths & Concerns
✅ Positives
- Net Cash from Operating Activities was Rs. 7,789.12 lakhs for the year ended March 31, 2026, indicating operational cash generation.
- Other Comprehensive Income showed items that will not be reclassified to Profit or Loss of Rs. 54.69 lakhs for FY26.
⚠️ Concerns
- Company reported a significant Net Loss of Rs. (16,787.23) lakhs for the year ended March 31, 2026, compared to Rs. (13,071.99) lakhs in prior year.
- Total Income from Operations decreased to Rs. 1,564.65 lakhs for FY26 from Rs. 3,324.75 lakhs in prior year, indicating declining revenue.
- Company has not repaid quarterly installments of Rs. 30,871.93 lakhs and monthly interest of Rs. 19,342.64 lakhs from Q2 FY24 to Q4 FY26.
- Listing fees of Rs. 5.85 lakhs for FY26 to BSE and NSE remain unpaid as of the financial statement approval date.
📅 Company Track Record
The company underwent a Corporate Insolvency Resolution Process, with a Resolution Plan approved by NCLT on February 10, 2021. The company has not fully complied with the plan's working capital infusion requirements and has defaulted on subsequent debt payments since June 2023.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was SEL Manufacturing Company's net loss for the year ended March 31, 2026?
SEL Manufacturing Company reported a Net Loss of Rs. (16,787.23) lakhs for the financial year ended March 31, 2026.
What was the Total Income from Operations for SEL Manufacturing Company in FY26?
The Total Income from Operations for SEL Manufacturing Company was Rs. 1,564.65 lakhs for the year ended March 31, 2026.
Has SEL Manufacturing Company paid its outstanding debt obligations?
No, SEL Manufacturing Company has not repaid quarterly installments of Rs. 30,871.93 lakhs and monthly interest of Rs. 19,342.64 lakhs due from Q2 FY24 to Q4 FY26, currently under an NCLT moratorium.
What was the Net Loss for SEL Manufacturing Company for the quarter ended March 31, 2026?
The Net Loss for SEL Manufacturing Company for the quarter ended March 31, 2026, was Rs. (4,186.00) lakhs.
Questions based on this BSE filing only. For information purposes.