SEL MANUFACTURING CO LTD

Operates in India's textiles and apparels sector, classified under Other Textile Products. The plants remained largely non-operational during FY26, with total income of Rs. 15.431 crore, a 53% drop from FY25. The business carries a large asset base on its books — Property, Plant and Equipment of Rs. 79,537.54 lakhs and Capital Work in Progress of Rs. 4,246 lakhs — though the auditor flagged the absence of an impairment assessment under Ind AS 36. Materials make up the largest disclosed operating cost at 40.2% of revenue, followed by employee costs at 36.9%. The auditor raised a Material Uncertainty Related to Going Concern flag, citing severe liquidity stress. Cumulative losses over five years stand at Rs. 80,878 lakhs, with negative net worth of Rs. 39,957.98 lakhs and loan installment defaults of Rs. 30,872 lakhs.