According to the half-yearly results, the net sales increased by 51.25 per cent to Rs 62.01 crore and net profit increased by 51 per cent to Rs 2.88 crore in H2FY23 compared to H2FY22. In FY23, the net sales increased by 14.50 per cent to Rs 95.13 crore and net profit increased by 18.73 per cent to Rs 4.50 crore compared to FY22.

Earlier, the company announced its stellar quarterly results wherein net sales increased by 44.58 per cent to Rs 187.68 crore and net profit increased by 60.26 per cent to Rs 2.90 crore in Q1FY24 compared to Q1FY23.

According to the half-yearly results, the net sales increased by 154 per cent to Rs 46.54 crore and net profit increased by 63 per cent to Rs 1.53 crore in H2FY23 compared to H2FY22. In FY23, the net sales increased by 128 per cent to Rs 70.23 crore and net profit increased by 475 per cent to Rs 3.91 crore compared to FY22.

As of June 2023, the promoters of the company own a majority stake of 53.31 per cent, followed by DIIs with a 0.05 per cent stake. The remaining 46.64 per cent of the shares are held by the general public.

Additionally, the company reported excellent numbers in its half-yearly and annual results. The net sales increased by 27.50 per cent to Rs 9.85 crore and net profit skyrocketed 325 per cent to Rs 0.34 crore in H2FY23 compared to H2FY22.

SEML has a market cap of Rs 109.30 crore. The net sales increased by 77.34 per cent to Rs 60.81 crore and net profit increased by 280.92 per cent to Rs 6.59 crore in H2FY23 over H2FY22. The net sales increased by 50.66 per cent to Rs 96.83 crore and net profit increased by 63.60 per cent to Rs 8 crore in FY23 over FY22.

According to the quarterly results, the net sales decreased by 2.75 per cent to Rs 8.13 crore while the net profit increased by 91.67 per cent to Rs 0.23 crore in Q1FY24 compared to Q1FY23. In FY23, the net sales increased by 24.13 per cent to Rs 35.34 crore and net profit skyrocketed by 246.15 per cent to Rs 0.45 crore compared to FY22.

According to the quarterly results, the net sales increased by 189 per cent to Rs 8.46 crore, and the net profit increased by 113 per cent to Rs 0.49 crore in Q4FY23 compared to Q3FY23. In FY23, the net sales increased by 46.65 per cent to Rs 11.38 crore, and the net profit increased by 84.61 per cent to Rs 0.72 crore compared to FY22.

The company has a market cap of over Rs 2,700 crore with a 5-year stock price CAGR of 95 per cent. The company reported positive numbers in its quarterly results and annual results.

The company reported net sales of Rs 374.02 crore in Q1FY24 compared to net sales of Rs 375.17 crore in Q1FY23. The operating profit increased by 16 per cent to Rs 59 crore and the net profit increased by 23 per cent to Rs 33 crore in Q1FY24 compared to Q1FY23.