SELMC posts Rs 41.99 cr standalone loss as costs exceed revenue
Filed 06 Aug 2026, 12:49 IST · SELMC (SELMC)
Key takeaways
- SELMC reported a standalone Q1FY27 loss of Rs 41.99 cr, with revenue of Rs 3.01 cr below expenses of Rs 4.87 cr.
- Interest of Rs 19.41 cr and depreciation of Rs 20.77 cr widened the operating loss of Rs 1.86 cr into a pre-tax loss of Rs 41.99 cr.
- Other income was only Rs 0.04 cr, while the zero tax charge provided no offset to the reported loss.
Revenue fell short of the cost base
SELMC's standalone revenue of Rs 3.01 cr was insufficient to cover expenses of Rs 4.87 cr, resulting in an operating loss of Rs 1.86 cr. The operating margin was therefore -61.63%, reflecting negative operating leverage at the reported revenue level.
Financing and depreciation drove the deeper loss
Interest of Rs 19.41 cr and depreciation of Rs 20.77 cr added substantially to the operating deficit, taking the pre-tax loss to Rs 41.99 cr. Other income of Rs 0.04 cr was too small to offset these charges. With tax at Rs 0.00 cr, the entire pre-tax loss flowed through to net profit.
The reported loss had little non-operating support
The loss was driven mainly by the operating shortfall and fixed charges rather than by a tax impact or a large other-income contribution. Basic EPS was -Rs 12.67, consistent with the full Rs 41.99 cr pre-tax loss being reported as net loss.
Q1FY27 at a glance
Standalone figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹3 cr |
| Other income | ₹0 cr |
| Expenses | ₹5 cr |
| Operating profit | ₹-2 cr |
| Operating margin (%) | -61.63% |
| Interest | ₹19 cr |
| Depreciation | ₹21 cr |
| Profit before tax | ₹-42 cr |
| Tax | ₹0 cr |
| Net profit | ₹-42 cr |
| EPS (₹) | ₹-12.67 |
What to watch
- Whether revenue rises above the Rs 4.87 cr expense base.
- Whether operating margin improves from -61.63%.
- Whether interest of Rs 19.41 cr and depreciation of Rs 20.77 cr remain the main drag below operating profit.