SEL Manufacturing Share Price Target 2025,2026,2027,2028,2029,2030

SEL Manufacturing Share Price Target 2025:SEL Manufacturing Company Ltd, incorporated in 1969, is a diversified textile company involved in the manufacturing, processing, and trading of yarns, fabrics, ready-made garments, and towels. This article provides an overview of SEL Manufacturing, its product portfolio, revenue breakup, major issues, and future prospects, including a share price target for 2025.

Company Overview

SEL Manufacturing is a vertically integrated multi-product textile company. It manufactures knitted garments, terry towels, knitted and processed fabric, and various kinds of yarns. The company has a long-standing presence in the textile industry, with a focus on quality and innovation.

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Revenue Breakup and Product-wise Revenue Split

In FY21, SEL Manufacturing generated revenue primarily from the sale of finished goods (88%), sale of services (5%), and other income sources. The revenue split by product category includes sale of terry towel (16%), yarn (74%), knitted cloth (2%), and others (4%).

Corporate Insolvency Resolution Process (CIRP)

SEL Manufacturing faced challenges in the past, including being under the Corporate Insolvency Resolution Process. However, the company has since been taken over by new management, indicating a potential turnaround.

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Major Issues Faced by the Company

SEL Manufacturing has encountered various challenges, including being declared a wilful defaulter by certain banks due to outstanding charges, difficulty in raising finances and obtaining business, financial risks such as working capital shortage, and non-availability of credit ratings.

Criminal Proceedings

In FY20, the Central Bureau of Investigation conducted search and seizure actions at SEL Manufacturing’s registered office and the residence of an erstwhile director. The case is currently in progress.

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Dissolution of Subsidiary

On 23rd November 2023, SEL Manufacturing’s subsidiary, SEL Aviation Private Limited, was struck off from the Register of Companies and dissolved, indicating a strategic shift in the company’s operations.

Change of Auditors

SEL Manufacturing experienced a change in auditors, with Mr. Ashish Kumar Aggarwal resigning as Internal Auditor and M/s Lal Ghai & Associates resigning as Secretarial Auditors. They were replaced by M/s Harshit Arora & Associates, indicating a change in the company’s audit practices.

SEL Manufacturing Share Price Target 2025,2026,2027,2028,2029,2030

Conclusion

SEL Manufacturing has faced significant challenges in recent years but has shown resilience and adaptability in overcoming them. The company’s focus on innovation and product quality, coupled with strategic changes in management and operations, could position it for future growth. However, investors should carefully consider these factors when evaluating the company’s share price target for 2025.

FAQs

1. What is SEL Manufacturing Company Ltd?

2. What is the history of SEL Manufacturing?

3. What is the product portfolio of SEL Manufacturing?

4. What are the major issues faced by SEL Manufacturing?

5. What is the share price target for SEL Manufacturing in 2025?

Note-All posts are for Educational purposes.This is not any Investment Advisory.