---
title: "Sungarner Energies Ltd (SEL) — Share Price, Financials & Analysis"
symbol: "SEL"
company: "Sungarner Energies Ltd"
canonical: "https://tapetide.com/stocks/SEL"
isin: "INE0O3O01017"
nse_symbol: "SEL"
sector: "Industrials"
industry: "Electrical Equipment"
market_cap_cr: 78.61
generated_at: "2026-09-13T18:26:26.005Z"
---

# Sungarner Energies Ltd (SEL)

Canonical page: https://tapetide.com/stocks/SEL

## Company

- **NSE Symbol:** SEL
- **ISIN:** INE0O3O01017
- **Sector:** Industrials
- **Industry:** Electrical Equipment
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2023-08-31
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sungarner.com

## About

Incorporated in 2015, SEL as Design Engineering Company. It has Interest in Power, Energy and Electrical Industry and has diversified into Power Electronics and BESS Manufacturing. Through its Subsidiaries, SEL has forayed into Energy by Developing Solar Assets as an IPP having MW Portfolio. The company has diversified into retail as well through its Brand Seltrik, through channel partners and Market Place[1]

## Latest Price

- **Price:** ₹354.2
- **Change:** +15.7 (+4.64%)
- **Open:** ₹338
- **Day High:** ₹355
- **Day Low:** ₹338
- **Previous Close:** ₹338.5
- **Volume:** 9800
- **As Of:** 2026-09-11T09:56:18+00:00

## Key Fundamentals

Observed at 2026-09-11T04:51:10.788476Z.

- **Market Cap:** ₹78.61 Cr
- **Classification:** SME
- **P/E (reported):** 20.5
- **Book Value:** ₹64.97
- **Price to Book:** 5.21
- **Dividend Yield:** 0%
- **ROE:** 25.41%
- **ROCE:** 25.84%
- **Debt to Equity:** 1.81
- **Revenue (yearly):** ₹74.3 Cr
- **Net Income:** ₹3.8 Cr
- **EBITDA:** ₹8.3 Cr
- **52-Week High:** ₹339
- **52-Week Low:** ₹294.85
- **RSI (14):** 70.24

## Tapetide Score

- **Score:** 47 / 100
- **Score date:** 2026-09-04
- **Archetype:** Trend Ahead of Fundamentals
- **What it means:** The price trend is running ahead of what the financials currently support. Moves like this depend on the fundamentals catching up; check what would have to be true for that.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Rising
- **Percentile:** 35.6 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 26.24 | 9% |
| growth | 98.9 | 9% |
| momentum | 98.9 | 12% |
| ownership | 52.15 | 24% |
| quality | 34.99 | 22% |
| valuation | 16.39 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Debtor days have improved from 138 to 47.7 days.
- Company's working capital requirements have reduced from 117 days to 61.4 days

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 164.98% | 132.15% | 3.34% |
| ebitda margin growth | -57.14% | -3.88% | -5.59% | — |
| net income growth | -62.5% | 123.53% | 245.45% | — |
| revenue growth | -14.61% | 121.13% | 61.01% | — |
| roce | — | 16.4% | 34.3% | — |
| roe | — | 72.39% | 17.11% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 10.19 | 11.72 | 21.77 | 25.27 | 48.95 |
| Expenses | 8.75 | 10.17 | 19.57 | 22.66 | 43.37 |
| Operating Profit | 1.44 | 1.55 | 2.2 | 2.61 | 5.58 |
| OPM % | 14.13 | 13.23 | 10.11 | 10.33 | 11.4 |
| Other Income | 0.02 | 0.04 | 0.11 | 0.02 | 0.09 |
| Interest | 0.16 | 0.35 | 0.99 | 1.02 | 1.35 |
| Depreciation | 0.07 | 0.1 | 0.14 | 0.12 | 0.2 |
| Profit before tax | 1.23 | 1.14 | 1.18 | 1.49 | 4.12 |
| Tax % | 33.33 | 22.81 | 28.81 | 32.21 | 31.8 |
| Net Profit | 0.83 | 0.88 | 0.84 | 1.02 | 2.81 |
| EPS in Rs | 3.58 | 3.8 | 3.62 | 4.4 | 12.12 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Sales | 17.21 | 33.37 | 74.19 |
| Expenses | 15.24 | 29.6 | 65.98 |
| Operating Profit | 1.97 | 3.77 | 8.21 |
| OPM % | 11.45 | 11.3 | 11.07 |
| Other Income | 0.16 | 0.15 | 0.11 |
| Interest | 0.42 | 1.36 | 2.4 |
| Depreciation | 0.14 | 0.24 | 0.31 |
| Profit before tax | 1.57 | 2.32 | 5.61 |
| Tax % | 31.85 | 28.45 | 31.73 |
| Net Profit | 1.07 | 1.66 | 3.83 |
| EPS in Rs | 4.61 | 7.16 | 16.52 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Equity Capital | 2.32 | 2.32 | 2.32 |
| Reserves | 7.26 | 8.92 | 12.75 |
| Borrowings | 5.7 | 14.39 | 27.25 |
| Other Liabilities | 3.23 | 14.53 | 29.05 |
| Total Liabilities | 18.51 | 40.16 | 71.37 |
| Fixed Assets | 2.36 | 4.19 | 12.57 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 3.14 |
| Other Assets | 16.15 | 35.97 | 55.66 |
| Total Assets | 18.51 | 40.16 | 71.37 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Cash from Operating Activity | -10.39 | -5.14 | 3.34 |
| Cash from Investing Activity | -0.59 | -2.05 | -13.49 |
| Cash from Financing Activity | 11.29 | 7.35 | 10.56 |
| Net Cash Flow | 0.3 | 0.16 | 0.42 |
| Free Cash Flow | -10.98 | -7.19 | -5.36 |
| CFO/OP | -527 | -122 | 57 |

### Ratios

| Item | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- |
| Debtor Days | 157.37 | 209.46 | 47.67 |
| Inventory Days | 228.97 | 203.12 | 110.5 |
| Days Payable | 59.84 | 197.89 | 83.93 |
| Cash Conversion Cycle | 326.5 | 214.7 | 74.24 |
| Working Capital Days | 160.34 | 128.19 | 61.45 |
| ROCE % | — | 17.99 | 23.58 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 84.94% | 61.49% | 61.49% | 61.49% | 61.49% | 61.67% | 62% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 15.06% | 33.61% | 34.92% | 36.66% | 35.19% | 35.56% | 35.25% |
| Others | 0% | 4.9% | 3.59% | 1.85% | 3.32% | 2.77% | 2.75% |
| No. of Shareholders | 12 | 241 | 477 | 713 | 792 | 860 | 814 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 13 / 2 / 4

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 321.59 | Buy |
| EMA (10) | 325.99 | Buy |
| SMA (20) | 314.48 | Buy |
| EMA (20) | 310.19 | Buy |
| SMA (50) | 265.1 | Buy |
| EMA (50) | 274.91 | Buy |
| SMA (100) | 227.22 | Buy |
| EMA (100) | 246.6 | Buy |
| SMA (200) | 216.06 | Buy |
| EMA (200) | 240.34 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 73.76 | Sell |
| MACD (12,26,9) | 20.86 | Buy |
| Stochastic (14,3,3) | 92.11 | Sell |
| ADX (14) | 32.35 | Buy |
| Williams %R (14) | -1.23 | Sell |
| ATR (14) | 14.14 | High Volatility |
| ROC (12) | 17.87 | Buy |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 64.1 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 January 2026 - Certificate under SEBI Reg 74(5) for quarter ended 31 Dec 2025 furnished to exchanges. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 January 2026 - Certificate under SEBI Reg 74(5) for quarter ended 31 Dec 2025 furnished to exchanges.](https://nsearchives.nseindia.com/corporate/SUNGARNER_09012026164528_Reg_74_5__Dematerialisation_Certificate.pdf) |
| 6 April 2026 - Promoters filed annual Regulation 31(4) disclosure for FY ended 31 March 2026. | [Updates 6 April 2026 - Promoters filed annual Regulation 31(4) disclosure for FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/SUNGARNER_06042026144136_Regulation_31_4__Sungarner.pdf) |
| 5 May 2026 - Submitted SDD compliance certificate for FY ended 31 March 2026; no non-compliances reported. | [Structural Digital Database 5 May 2026 - Submitted SDD compliance certificate for FY ended 31 March 2026; no non-compliances reported.](https://nsearchives.nseindia.com/corporate/SUNGARNER_05052026173619_Regulation_3_5__and_3_6__PIT.pdf) |
| 31 March 2026 - Filed SEBI Reg 6(2)/7(2) insider disclosures with NSE on 31-03-2026. | [Updates 31 March 2026 - Filed SEBI Reg 6(2)/7(2) insider disclosures with NSE on 31-03-2026.](https://nsearchives.nseindia.com/corporate/SUNGARNER_31032026135254_Sumit_Tiwari_Regulation_7_2_PIT.pdf) |
| 31 March 2026 - Disclosure under SEBI PIT Regulations 6(2)/7(2) dated 31-03-2026 by Sungarner Energies (signed by MD Sumit Tiwari). | [Updates 31 March 2026 - Disclosure under SEBI PIT Regulations 6(2)/7(2) dated 31-03-2026 by Sungarner Energies (signed by MD Sumit Tiwari).](https://nsearchives.nseindia.com/corporate/SUNGARNER_31032026135721_Snigdha_Tiwari_regulation7_2__PIT.pdf) |
| 31 Aug - Book closure from 16-23 September 2026 for 11th AGM; remote e-voting from 20-22 September 2026. | [Updates 31 Aug - Book closure from 16-23 September 2026 for 11th AGM; remote e-voting from 20-22 September 2026.](https://nsearchives.nseindia.com/corporate/SUNGARNER_31082026163946_Intimation_of_Book_Closure_.pdf) |
| 31 Aug - Board approved higher borrowing and investment limits, remuneration cap, AGM on 23 September 2026, and internal auditor appointment. | [Change in Auditors 31 Aug - Board approved higher borrowing and investment limits, remuneration cap, AGM on 23 September 2026, and internal auditor appointment.](https://nsearchives.nseindia.com/corporate/SUNGARNER_31082026125716_outcome_of_board_meeting.pdf) |
| 31 Aug - Board approved higher borrowing and investment limits, remuneration cap, AGM on 23 Sept 2026, and internal auditor appointment. | [Outcome of Board Meeting 31 Aug - Board approved higher borrowing and investment limits, remuneration cap, AGM on 23 Sept 2026, and internal auditor appointment.](https://nsearchives.nseindia.com/corporate/SUNGARNER_31082026125025_outcome_of_board_meeting.pdf) |
| 31 Aug - 11th AGM on 23 Sep 2026; shareholders to approve borrowing, investments and remuneration limits. | [Shareholders meeting 31 Aug - 11th AGM on 23 Sep 2026; shareholders to approve borrowing, investments and remuneration limits.](https://nsearchives.nseindia.com/corporate/SUNGARNER_31082026163315_Final_Annual_Report_2025-26.pdf) |
| 30 Jun - Sungarner Energies Limited has informed regarding a press release dated Jun 30, 2026, titled "Sungarner Energies Limited ("Sungarner" or "the Company"), along with its subsidiary, … | [Press Release 30 Jun - Sungarner Energies Limited has informed regarding a press release dated Jun 30, 2026, titled "Sungarner Energies Limited ("Sungarner" or "the Company"), along with its subsidiary, …](https://nsearchives.nseindia.com/corporate/SUNGARNER_30062026184705_Press_Release_30_june_2026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30887_SEL_2025_2026_A_7416018_31082026163640.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28443_SEL_2024_2025_A_3703612_04092025175638.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26384_SEL_2023_2024_U_27122024110003.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:26.005Z.