Salem Erode Investments Ltd
SALEMSalem Erode Investments Ltd
SALEM
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| -14.65 | 2.38 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.58 | 2.45 | 0.98% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Salem Erode Investments Limited is engaged in lending and investment activities. The Company deals in shares, stocks, debentures and securities issued by government of India and companies incorporated in India.
Peers
Compare with peers360 One Wam Ltd
ICICI Securities Ltd
Angel One Ltd
IIFL Finance Ltd
JM Financial Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 11.34 | 1.39 | 1.42 | 1.36 | 1.21 | 2.51 | 2.80 | 4.03 | 4.14 | 4.14 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 6.71 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 0.08 | 0.12 | 0.15 | 0.17 | 0.23 | 0.13 | 0.57 | 0.92 | 2.00 | |||||||||||
| Selling & Administrative Expenses | — | — | — | — | — | — | — | — | — | |||||||||||
| Operating & Other expenses | 0.10 | 0.65 | 0.14 | 0.56 | 1.03 | 0.41 | 0.83 | 2.78 | 3.04 | |||||||||||
EBITDA | 11.16 | 0.62 | 1.13 | 0.63 | -0.05 | 1.97 | 1.40 | 0.33 | -0.90 | -2.57 | ||||||||||
| Depreciation/Amortization | 0.01 | 0.08 | 0.06 | 0.02 | 0.00 | 0.06 | 0.31 | 0.41 | 0.87 | 1.39 | ||||||||||
| PBIT | 11.15 | 0.54 | 1.07 | 0.61 | -0.05 | 1.91 | 1.09 | -0.08 | -1.77 | -3.96 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 11.15 | 0.54 | 1.07 | 0.61 | -0.05 | 1.91 | 1.09 | -0.08 | -1.77 | -3.96 | ||||||||||
| Taxes & Other Items | 1.45 | 0.11 | 0.23 | 0.69 | 0.07 | 0.54 | 0.38 | 0.01 | 0.06 | -0.04 | ||||||||||
| Net Income | 9.70 | 0.43 | 0.84 | -0.08 | -0.12 | 1.37 | 0.71 | -0.09 | -1.83 | -3.92 | ||||||||||
| EPS | 8.46 | 0.38 | 0.73 | -0.07 | -0.10 | 1.19 | 0.62 | -0.08 | -1.60 | -3.42 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
FinancialsInvestment Banking & Brokerage
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Salem Erode Investments Ltd | -31.38 | 2.38 | — |
| 360 One Wam Ltd | 60.65 | 14.14 | 1.21% |
| ICICI Securities Ltd | 16.28 | 7.09 | 3.40% |
| Angel One Ltd | 23.28 | 8.62 | 1.11% |
Price Comparison
Compare SALEM with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
SALEM has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeSalem Erode Investments has postponed the meeting of the Board of Directors which was scheduled to be held on 24 December 2024. The meeting will now be held on 27 December 2024.Powered by Capital Market - Live
Salem Erode Investments will hold a meeting of the Board of Directors of the Company on 24 December 2024.Powered by Capital Market - Live
Net Loss of Salem Erode Investments reported to Rs 0.85 crore in the quarter ended September 2024 as against net loss of Rs 0.08 crore during the previous quarter ended September 2023. Sales rose 17.65% to Rs 1.20 crore in the quarter ended September 2024 as against Rs 1.02 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1.201.02 18 OPM %7.5041.18 - PBDT-0.450.09 PL PBT-0.87-0.07 -1143 NP-0.85-0.08 -963 Powered by Capital Market - Live
Salem Erode Investments will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Salem Erode Investments will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live
Salem Erode Investments announced that the 93th Annual General Meeting (AGM) of the company will be held on 28 September 2024.Powered by Capital Market - Live
Salem Erode Investments will hold a meeting of the Board of Directors of the Company on 27 August 2024.Powered by Capital Market - Live
Net loss of Salem Erode Investments reported to Rs 1.30 crore in the quarter ended June 2024 as against net profit of Rs 0.02 crore during the previous quarter ended June 2023. Sales declined 18.10% to Rs 0.95 crore in the quarter ended June 2024 as against Rs 1.16 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales0.951.16 -18 OPM %-30.5344.83 - PBDT-0.930.19 PL PBT-1.330.06 PL NP-1.300.02 PL Powered by Capital Market - Live
Salem Erode Investments will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Salem Erode Investments standalone net profit declines 17.95% in the September 2021 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 24.94%, vs industry avg of 11.5%
Increasing Market Share
Over the last 5 years, market share increased from 0% to 0.01%