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Salem Erode Inv.

  • Market Cap: Micro Cap
  • Industry: Finance/NBFC
  • ISIN: INE894E01028
  • NSEID:
  • BSEID: 540181
INR
44.00
-0.7 (-1.57%)
BSENSE

Apr 11, 12:40 PM

BSE+NSE Vol: 2

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

44.0044.00

52 Week

36.5682.78
Valuation
Technical
Day's Volume

CASH

2 (-99.82%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.73%

Held by 0 DIIs

Promoter

75.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Operating profit has grown by an annual rate of -222.63%
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Finance/NBFC

stock-summary
Market cap

INR 51 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

20

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.76

stock-summary
Return on Equity

-20.93%

stock-summary
Price to Book

2.13

Revenue and Profits (1 Year):
Net Sales:
1 Cr
(Quarterly Results - Dec 2024)
Net Profit:
-1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-15.48%
0%
-15.48%
1 Year
-7.91%
0%
-7.91%
2 Years
11.45%
0%
11.45%
3 Years
-39.97%
0%
-39.97%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Salem Erode Inv. for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.32%
EBIT Growth (5y)
-222.63%
Net Debt to Equity (avg)
0
Institutional Holding
0.73%
ROE (avg)
2.03%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
20
Price to Book Value
2.13
EV to EBIT
-20.35
EV to EBITDA
-50.60
EV to Capital Employed
2.01
EV to Sales
13.88
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
3.56%
ROE (Latest)
-20.93%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Icl Fincorp Limited (75.0%)

Highest Public shareholder

None

Individual Investors Holdings

14.27%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -17.35% vs -9.26% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -466.67% vs -300.00% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.81",
          "val2": "0.98",
          "chgp": "-17.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.39",
          "val2": "0.18",
          "chgp": "-316.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.72",
          "val2": "0.25",
          "chgp": "188.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.36",
          "val2": "-0.24",
          "chgp": "-466.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-48.15%",
          "val2": "18.37%",
          "chgp": "-66.52%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -1.38% vs 9.00% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -3,483.33% vs -200.00% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.15",
          "val2": "2.18",
          "chgp": "-1.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.43",
          "val2": "0.27",
          "chgp": "-629.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.22",
          "val2": "0.68",
          "chgp": "79.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-2.15",
          "val2": "-0.06",
          "chgp": "-3,483.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-66.51%",
          "val2": "12.39%",
          "chgp": "-78.90%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -6.33% vs 2.60% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -1,070.00% vs 0.00% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.96",
          "val2": "3.16",
          "chgp": "-6.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-1.82",
          "val2": "0.45",
          "chgp": "-504.44%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.94",
          "val2": "0.93",
          "chgp": "108.60%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-3.51",
          "val2": "-0.30",
          "chgp": "-1,070.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-61.49%",
          "val2": "14.24%",
          "chgp": "-75.73%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 2.25% vs 43.88% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -1,720.00% vs -114.08% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4.09",
          "val2": "4.00",
          "chgp": "2.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.95",
          "val2": "0.30",
          "chgp": "-416.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "1.60",
          "val2": "1.58",
          "chgp": "1.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-1.82",
          "val2": "-0.10",
          "chgp": "-1,720.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-23.23%",
          "val2": "7.50%",
          "chgp": "-30.73%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
0.81
0.98
-17.35%
Operating Profit (PBDIT) excl Other Income
-0.39
0.18
-316.67%
Interest
0.72
0.25
188.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.36
-0.24
-466.67%
Operating Profit Margin (Excl OI)
-48.15%
18.37%
-66.52%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -17.35% vs -9.26% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is -466.67% vs -300.00% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2.15
2.18
-1.38%
Operating Profit (PBDIT) excl Other Income
-1.43
0.27
-629.63%
Interest
1.22
0.68
79.41%
Exceptional Items
0.00
0.00
Standalone Net Profit
-2.15
-0.06
-3,483.33%
Operating Profit Margin (Excl OI)
-66.51%
12.39%
-78.90%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -1.38% vs 9.00% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -3,483.33% vs -200.00% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2.96
3.16
-6.33%
Operating Profit (PBDIT) excl Other Income
-1.82
0.45
-504.44%
Interest
1.94
0.93
108.60%
Exceptional Items
0.00
0.00
Standalone Net Profit
-3.51
-0.30
-1,070.00%
Operating Profit Margin (Excl OI)
-61.49%
14.24%
-75.73%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -6.33% vs 2.60% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -1,070.00% vs 0.00% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
4.09
4.00
2.25%
Operating Profit (PBDIT) excl Other Income
-0.95
0.30
-416.67%
Interest
1.60
1.58
1.27%
Exceptional Items
0.00
0.00
Standalone Net Profit
-1.82
-0.10
-1,720.00%
Operating Profit Margin (Excl OI)
-23.23%
7.50%
-30.73%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 2.25% vs 43.88% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -1,720.00% vs -114.08% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Salem Erode Investments Ltd stock-summary
stock-summary
Salem Erode Investments Ltd
Micro Cap
Finance/NBFC
Salem Erode Investments Limited was originally incorporated as Salem Erode Electricity Distribution Limited on May 16, 1931 as a Public Limited Company in Kolkata under the Registrar of Companies, West Bengal. Subsequently, the name of the Company was changed to Salem Erode Tea & Investment Co. Limited in 1975 and to "Salem Erode Investment Limited" in 1992. The fresh Certificate of Incorporation was issued dated 28 November, 1975 and 24 July 1992 respectively.
Company Coordinates stock-summary
Company Details
Do No 61/A8(38/A8) VJP Parijat, Apart 1 st Aven Ashok Nagar Chennai Tamil Nadu : 600083
stock-summary
Tel: 91-33-9497801053
stock-summary
http://www.salemerode.com
stock-summary
salemerodeinvestmentsltd@gmail.com
Registrar Details
Niche Technologies Pvt Ltd , D-511, Bagree Market 5th Floor, 71 B R B B Road , Kolkata
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