---
title: "Satellite Engineering Ltd (522279) — Share Price, Financials & Analysis"
symbol: "522279"
company: "Satellite Engineering Ltd"
canonical: "https://tapetide.com/stocks/522279"
isin: "INE087C01015"
bse_code: "522279"
generated_at: "2026-10-13T11:01:18.809Z"
---

# Satellite Engineering Ltd (522279)

Canonical page: https://tapetide.com/stocks/522279

## Company

- **BSE Code:** 522279
- **ISIN:** INE087C01015
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-02
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** satelliteeng.com

## About

Satellite Engineering Limited, incorporated in India, Listed on the Bombay Stock exchange Limited, the company is engaged in a leading Exporter, Manufacturer & Supplier of Gs lamps , starters of tubes ballast, cfl fittings

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 1.11 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -53.9% over past five years.
- Company has a low return on equity of -12.6% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 20,440 days.
- Working capital days have increased from 8,458 days to 22,630 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -203% | 11% | 11% |
| revenue growth | -62% | -61% | -54% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.05 | 0.02 | 0.01 | 0.01 | 0.02 | 0.01 |
| Expenses | 3.74 | 1.04 | 0.16 | 0.22 | 0.12 | 0.12 | 0.1 | 0.06 | 0.09 | 0.29 | 0.41 | 0.18 |
| Operating Profit | -3.73 | -1.03 | -0.15 | -0.21 | -0.1 | -0.08 | -0.05 | -0.04 | -0.08 | -0.28 | -0.39 | -0.17 |
| OPM % | -37300 | -10300 | -1500 | -2100 | -500 | -200 | -100 | -200 | -800 | -2800 | -1950 | -1700 |
| Other Income | 7.18 | 0.04 | 0.05 | 0.02 | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Depreciation | 0.02 | 0.02 | 0.03 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.01 | 0 |
| Profit before tax | 3.43 | -1.01 | -0.13 | -0.23 | -0.1 | -0.1 | -0.07 | -0.06 | -0.09 | -0.29 | -0.4 | -0.17 |
| Tax % | 5.83 | 1.98 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -10.34 | 0 | 0 |
| Net Profit | 3.23 | -1.03 | -0.13 | -0.22 | -0.09 | -0.1 | -0.07 | -0.05 | -0.09 | -0.27 | -0.4 | -0.18 |
| EPS in Rs | 9.44 | -3.01 | -0.38 | -0.64 | -0.26 | -0.29 | -0.2 | -0.15 | -0.26 | -0.79 | -1.17 | -0.53 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3.48 | 0.48 | 0.17 | 0.17 | 0.57 | 0.22 | 0.01 | 0.05 |
| Expenses | 4.71 | 1.01 | 0.61 | 0.43 | 0.52 | 0.36 | 0.14 | 0.97 |
| Operating Profit | -1.23 | -0.53 | -0.44 | -0.26 | 0.05 | -0.14 | -0.13 | -0.92 |
| OPM % | -35.34 | -110.42 | -258.82 | -152.94 | 8.77 | -63.64 | -1300 | -1840 |
| Other Income | 0.15 | 0.24 | 0.07 | 0.12 | 0.1 | 0 | 0.01 | 0.06 |
| Interest | 0.07 | 0.04 | 0.04 | 0.05 | 0 | 0 | 0.03 | 0.04 |
| Depreciation | 0.33 | 0.26 | 0.22 | 0.15 | 0.14 | 0.12 | 0.1 | 0.05 |
| Profit before tax | -1.48 | -0.59 | -0.63 | -0.34 | 0.01 | -0.26 | -0.25 | -0.95 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -1.48 | -0.59 | -0.63 | -0.34 | 0.01 | -0.26 | -0.25 | -0.94 |
| EPS in Rs | -4.33 | -1.73 | -1.84 | -0.99 | 0.03 | -0.76 | -0.73 | -2.75 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 | 3.42 |
| Reserves | 1.44 | -0.95 | -1.58 | -1.92 | -1.92 | -2.18 | -2.44 |
| Borrowings | 0.33 | 0.56 | 0.49 | 0.49 | 0.85 | 0.83 | 0.82 |
| Other Liabilities | 0.42 | 0.34 | 0.43 | 0.34 | 0.56 | 0.47 | 1.13 |
| Total Liabilities | 5.61 | 3.37 | 2.76 | 2.33 | 2.91 | 2.54 | 2.93 |
| Fixed Assets | 2.25 | 1.8 | 1.52 | 1.13 | 1.01 | 0.88 | 0.78 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.36 | 1.57 | 1.24 | 1.2 | 1.9 | 1.66 | 2.15 |
| Total Assets | 5.61 | 3.37 | 2.76 | 2.33 | 2.91 | 2.54 | 2.93 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.37 | -0.04 | 0.02 | -0.26 | -0.31 | -0.01 | -0.59 |
| Cash from Investing Activity | -0.28 | 0.01 | 0.05 | 0.24 | 0.02 | 0 | 0 |
| Cash from Financing Activity | -0.13 | 0.06 | -0.07 | 0.01 | 0.3 | -0.02 | 0.57 |
| Net Cash Flow | -0.04 | 0.03 | 0 | -0.01 | 0.01 | -0.03 | -0.02 |
| Free Cash Flow | 0.09 | -0.03 | 0.07 | -0.02 | -0.29 | -0.01 | -0.59 |
| CFO/OP | -30 | 2 | -14 | 100 | -620 | 7 | 454 |

### Ratios

| Item | Mar 2006 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 72.37 | 235.73 | 214.71 | 214.71 | 403.42 | 1128.18 | 20440 |
| Inventory Days | 382.61 | 879.32 | 2450.71 | 4015 | 1708.86 | 2611.15 | 33945 |
| Days Payable | 43.22 | 116.14 | 495.36 | 775.62 | 99.55 | 168.46 | 1095 |
| Cash Conversion Cycle | 411.76 | 998.91 | 2170.06 | 3454.08 | 2012.74 | 3570.87 | 53290 |
| Working Capital Days | 301.02 | 882.08 | 1588.82 | 1739.12 | 851.67 | 1891.36 | 22630 |
| ROCE % | — | — | -22.76 | -15.74 | 0.46 | -11.76 | -11.37 |

## Shareholding Pattern

### annual

| Category | Dec 2017 |
| --- | --- |
| Promoters | 47.46% |
| DIIs | 0.03% |
| Public | 52.52% |
| No. of Shareholders | 4641 |

### Quarterly

| Category | Sep 2017 | Dec 2017 |
| --- | --- | --- |
| Promoters | 47.46% | 47.46% |
| DIIs | 0.03% | 0.03% |
| Public | 52.52% | 52.52% |
| No. of Shareholders | 4638 | 4641 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 7 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 446.14 | Sell |
| EMA (10) | 445.8 | Sell |
| SMA (20) | 462.15 | Sell |
| EMA (20) | 457.15 | Sell |
| SMA (50) | 503.63 | Sell |
| EMA (50) | 497.64 | Sell |
| SMA (100) | 570.29 | Sell |
| EMA (100) | 541.83 | Sell |
| SMA (200) | 588.45 | Sell |
| EMA (200) | 549.41 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.17 | Neutral |
| MACD (12,26,9) | -16.84 | Buy |
| Stochastic (14,3,3) | 24.13 | Neutral |
| ADX (14) | 18.39 | Neutral |
| Williams %R (14) | -61.53 | Neutral |
| ATR (14) | 20.8 | High Volatility |
| ROC (12) | -6.32 | Sell |
| Stoch RSI (14) | 56.22 | Neutral |
| UO (7,14,28) | 51.46 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-02-13 | [Announcement under Regulation 30 (LODR)-Earnings Call Transcript](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f734ccc-21b3-4b25-80b1-1cec307ef53c.pdf) |
| 2026-02-11 | [Announcement Under Regulation 30](https://www.bseindia.com/xml-data/corpfiling/AttachHis/74fa4c73-6b28-4dbc-a9d2-4d58af93496c.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f1e85842-ab00-4326-b1d6-233d0a32c13d.pdf) |
| 2026-02-09 | [Reclassification From Promoter And Promoter Group Category To Public Category](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a47eecef-c182-4b2c-b54c-b2cb42027f49.pdf) |
| 2026-02-09 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df8e575b-4885-45c6-85af-a1dcedbf7679.pdf) |
| 2018-01-11 | [Statement Of Investors Grievance For The Quarter Ended On 31St December, 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c35ef401-ea98-424a-bf37-4a36cff0e39d.pdf) |
| 2018-01-11 | [Statement Of Investors Grievance For The Quarter Ended On 31St December, 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/1/c35ef401-ea98-424a-bf37-4a36cff0e39d.pdf) |
| 2017-11-02 | [Compliance Certificate For The Half Year Ended On 30Th September, 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=afbc704f-d721-427f-83d5-4bb5bda42e83.pdf) |
| 2017-11-02 | [Compliance Certificate Under Regulation 40 (9) Of The SEBI (LODR) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=83ab2fd1-de94-4888-8ee9-c5e597864e7a.pdf) |
| 2017-11-02 | [Compliance Certificate For The Half Year Ended On 30Th September, 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/afbc704f-d721-427f-83d5-4bb5bda42e83.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2025 | [Financial Year 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9f71a68b-bee5-464a-b885-8670b5f2a8ff.pdf) |
| 2024 | [Financial Year 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b0f7bbf8-f0d4-4adb-872f-38106901a914.pdf) |
| 2023 | [Financial Year 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5996a2cf-8227-4126-b34f-f92d64312ae5.pdf) |
| 2022 | [Financial Year 2022](https://www.bseindia.com/bseplus/AnnualReport/504973/73812504973.pdf) |
| 2021 | [Financial Year 2021](https://www.bseindia.com/bseplus/AnnualReport/504973/68899504973.pdf) |
| Mar 2020 | [Financial Year 2020](https://www.bseindia.com/bseplus/AnnualReport/504973/5049730320.pdf) |
| Mar 2019 | [Financial Year 2019](https://www.bseindia.com/bseplus/AnnualReport/504973/5049730319.pdf) |
| Mar 2018 | [Financial Year 2018](https://www.bseindia.com/bseplus/AnnualReport/504973/5049730318.pdf) |
| Mar 2017 | [Financial Year 2017](https://www.bseindia.com/bseplus/AnnualReport/504973/5049730317.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/504973/5049730316.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Feb 2026 | [Concall - Feb 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8f734ccc-21b3-4b25-80b1-1cec307ef53c.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5615a435-d61b-496a-abcf-d4d838d1f0c7.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/985b2942-0534-4d8a-8b60-b5c0ecf96fdf.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6431321d-8adb-4e92-850d-b8e786220420.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/80031f24-78a1-46bd-b0bf-2ab5bbe1ab58.pdf) |
| Nov 2024 | Concall - Nov 2024 |
| Aug 2024 | Concall - Aug 2024 |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c067c728-a0ed-4f27-a2c9-82b36d747d62.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7bda77e1-3ae9-4b52-98bf-ad3d0c81a8e8.pdf) |
| Feb 2024 | Concall - Feb 2024 |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2025-03-13 | Credit rating update — India Ratings |
| 2024-03-18 | Credit rating update — India Ratings |
| 2023-03-20 | Credit rating update — India Ratings |
| 2022-03-22 | Credit rating update — India Ratings |
| 2021-03-23 | Credit rating update — India Ratings |

---

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 2026-10-13T11:01:18.809Z.