SEMACIndustrials

Semac Construction Limited

Civil Construction · ISIN INE617A01013 · BSE 505368 · NSE EQ · FV ₹10
Last price
₹226
-1.38%today
What this company does

Semac Construction Limited operates in Civil Construction, part of the Industrials sector. It booked ₹30 cr of revenue in its latest quarter (Q1 FY27) and kept 1.7% of sales as profit.

In the report:
45out of 100
Equitytale Health Score
Mixed

Healthier than 45% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 125–284 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
46

At close. Not part of the score.

Profitability & returns24

How much profit it earns on the money it employs

Balance sheet39

How much it owes, and whether earnings cover the interest

Cash quality76

Whether reported profit actually arrives as cash

Growth & consistency23

Whether sales and profit have grown, and how steadily

Valuation45

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Promoters hold 63%
✓ No promoter shares pledged
Watch-outs
! Thin 1.7% net margin
! Sales down 41% vs last year
! Profit down 52% vs last year
! Low 2.5% return on equity
! Operating cash flow is negative

What if I invest in SEMAC?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 1% a year, it would become
₹12.62 lakh

The slider starts at 1%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹226▼ -1.38%
latest close · 2026-11-03
1-year return
-62.0%
52-wk low ₹20352-wk high ₹959
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio43.8High
LowAverageHigh
P/B ratio0.86Below book
Below bookModerateHigh
EV / EBITDA9.6Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.5%Weak
WeakFairStrong ▸15%
Return on capital8.7%Fair
WeakFairStrong
Net margin1.7%Thin
ThinDecentStrong
EBITDA margin7.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.30Comfortable
LowModerateHigh ▸1
Interest cover2.1×Okay
RiskyOkayStrong ▸5×
Current ratio1.44Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹70 cr
Book value
₹262
EPS
₹1.29
latest quarter
Net debt
₹15 cr
owes more than its cash
Enterprise value
₹86 cr
EBITDA
₹9 cr
annualised
EBIT
₹8 cr
annualised
Operating margin
6.4%
Return on assets
1.0%
Earnings yield
2.28%
P/S
0.58
Sales / share
₹390.3
Tax rate
60.3%
Face value
₹10
Shares
0.3 cr
Working capital
₹50 cr
Current assets
₹165 cr
Current liabilities
₹115 cr
Delivery %
70.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-03.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
It earns about -2% on its capital — below the ~14% return we'd require to fund it — so a low price is likely justified, not a bargain.
Models span ₹214–₹518, midpoint ₹421

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹30 cr
Other Income₹2 cr
Total Income₹32 cr
Cost of Materials₹21 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹6 cr
Finance Costs₹94.5 L
Depreciation & Amortisation₹27 L
Other Expenses₹3 cr
Total Expenses₹31 cr
Profit before Tax₹1 cr
Tax Expense₹61.3 L
Net Profit₹40.3 L
Net margin on total income1.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹21 cr65.6%
Employee benefit expense₹6 cr19.3%
Finance costs₹94.5 L3.0%
Depreciation & amortisation₹27 L0.8%
Other expenses₹3 cr8.1%
Tax expense₹61.3 L1.9%
Profit for the period₹40.3 L1.3%
Total income ₹32 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue59 cr75 cr30 cr
Total income61 cr76 cr32 cr
Expenses59 cr72 cr31 cr
Profit before tax1 cr4 cr1 cr
Tax-8.9 L-1 cr61.3 L
Net profit (owners' share)1 cr5 cr51.3 L
Net margin (owners' share, on revenue)2.4%6.3%1.7%
EPS (₹)5.0414.551.29
YoY (latest quarter): total income -40.0% · net profit -52.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹205 cr
Shareholder equity
₹82 cr
parent shareholders
Total debt
₹26 cr
Cash
₹10 cr
Cash flow · H1 FY26
Operating
₹-2 cr
Investing
₹-5 cr
Financing
₹5 cr
Peer comparison
Civil Construction · by market value
CompanyPriceMarket capP/E
Larsen & Toubro Limited₹3,948₹5.43 L cr26.1
Rail Vikas Nigam Limited₹184₹38,414 cr60.6
Kalpataru Projects International Limited₹1,321₹22,570 cr18.2
Cemindia Projects Limited₹1,271₹21,829 cr38.7
NBCC (India) Limited₹75₹20,320 cr33.0
IRB Infrastructure Developers Limited₹16₹19,687 cr16.3
Engineers India Limited₹289₹16,257 cr20.7
Techno Electric & Engineering Company Limited₹850₹9,887 cr26.5
Ircon International Limited₹100₹9,390 cr25.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
—
trailing 12 months
Dividend / share (TTM)
—
Last dividend
₹5
ex 19 Oct 2023
ActionDetailEx-date
Dividend₹5 / share19 Oct 2023
Dividend₹5 / share27 Sep 2023
Who owns it · 2026-09-30
No pledge
Promoter
62.9%
FII / Foreign
0.0%
DII / Domestic
0.0%
Retail / others
37.1%
Promoter stake down 9.8% over the last 12 quarters.
Smart-money activity
Insider trades
SoldKishore Sidhwani · Director1,519 · ₹10.4 L21 Jun 21
SoldSHOBHA KATYAL · Immediate relative200 · ₹218 May 17
SoldS C KATYAL · Director202 · ₹218 May 17
Bulk / block deals
SoldMULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED · NSE15,424 @ ₹621.526 Jun 24
BoughtMULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED · NSE46,705 @ ₹1,073.821 May 24
SoldMULTIPLIER SHARE & STOCK ADVISORS PRIVATE LIMITED · NSE5,170 @ ₹1,075.2421 May 24
Stake changes
SoldRenaissance Advanced Consultancy Limited alongwith PAC · promoter→ 0.00% · 22.26 L13 Feb 24
BoughtAjai Hari Dalmia Trust (through its trustee Ajai Hari Dalmia) alongwith PAC · promoter→ 63.86% · 19.58 L13 Feb 24
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
Adoption of Standalone and Consolidated Financial Statements for the financial year ended March 31, 2026 along with the Reports of the Board of Directors and of the Auditors thereon.
Backed by 82% of shareholders other than promotersneeded 50%
33,632 votes for, 7,449 against · 0% of mutual funds and other big investors said no
2
Re-appointment of Mr. Harivansh Dalmia (DIN: 08750555), as a Director, on retirement by rotation.
Promoters had a personal stake in this
Backed by 79% of shareholders other than promotersneeded 50%
32,337 votes for, 8,744 against · 100% of mutual funds and other big investors said no
3
Approval of the re-appointment and payment of remuneration of Mr. Harivansh Dalmia (DIN: 08750555) as a Whole Time Director of the Company
Promoters had a personal stake in this
Backed by 78% of shareholders other than promotersneeded 75%
32,137 votes for, 8,944 against · 100% of mutual funds and other big investors said no
4
Approval for waiver of recovery of excess sum refundable under Section 197 of the Companies Act, 2016 paid to Mr. Harivansh Dalmia (DIN: 08750555), Whole-time Director, for the financial year ended 31st March 2026
Promoters had a personal stake in this
Backed by 82% of shareholders other than promotersneeded 75%
33,632 votes for, 7,449 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 22 named members
owning 62.9% between them · as of 2026-09-30
Ajai Hari Dalmia Trust (Through Ajai Hari Dalmia)45.68%
Radha Madhav Trust (Through Abhishek Dalmia)13.47%
Hilltop Metals Ltd3.66%
Mr. Harivansh Dalmia0.04%
ASRA Plantations LLPno shares
Avalokiteshwar Valinv Limitedno shares
Hari Investments Private Limitedno shares
Mr. Abhishek Dalmiano shares
Business done with them
FY2026 · 5 of the group
The company paid ₹39 cr to companies in the promoter group last year — about 15.9% of its ₹243 cr revenue and received ₹5.6 L back from them.
SEMAC CONSTRUCTION TECHNOLOGIES INDIA PRIVATE LIMITED
Contribution made to them · Financial Asset
₹16 cr
company paid
RENAISSANCE CONSULTANCY SERVICES LIMITED
Contribution made to them · Inter Corporate Deposits Interest on Inter corporate Deposits
₹14 cr
company paid
REVATHI EQUIPMENT INDIA LIMITED
Contribution made to them · Sales of Goods and Services, Intercorporate Deposit given
₹8 cr
company paid
SWBI DESIGN INFORMATICS PRIVATE LIMITED
Other payments to them · Office Rent, Maintenance, Power & Utility Payable, Security Deposit for rent & maintenance recoverable
₹30.2 L
company paid
Radha Madhav Trust
Other payments to them · Security Deposit for rent & maintenance recoverable
₹21.9 L
company paid
REVATHI EQUIPMENT INDIA LIMITED
Contribution received from them · Sales of Goods and Services, Intercorporate Deposit given
₹5.6 L
company received

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.