---
title: "Sathlokhar Synergys E&C Global Ltd (SSEGL) — Share Price, Financials & Analysis"
symbol: "SSEGL"
company: "Sathlokhar Synergys E&C Global Ltd"
canonical: "https://tapetide.com/stocks/SSEGL"
isin: "INE0RFP01011"
nse_symbol: "SSEGL"
sector: "Industrials"
industry: "Construction"
market_cap_cr: 1104.09
generated_at: "2026-09-13T21:37:11.384Z"
---

# Sathlokhar Synergys E&C Global Ltd (SSEGL)

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

## Company

- **NSE Symbol:** SSEGL
- **ISIN:** INE0RFP01011
- **Sector:** Industrials
- **Industry:** Construction
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-08-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** sathlokhar.com

## About

Founded in 2013, Sathlokhar Synergys E&C Global Limited provides specialized engineering, procurement, and construction (EPC) services for the construction of buildings and infrastructure facilities.[1]

## Latest Price

- **Price:** ₹428.35
- **Change:** -9.2 (-2.1%)
- **Open:** ₹438.95
- **Day High:** ₹438.95
- **Day Low:** ₹422
- **Previous Close:** ₹437.55
- **Volume:** 56000
- **As Of:** 2026-09-11T10:01:37+00:00

## Key Fundamentals

Observed at 2026-09-11T04:53:21.794820Z.

- **Market Cap:** ₹1104.09 Cr
- **Classification:** SME
- **P/E (reported):** 11.1
- **P/E (TTM):** 10.67
- **EPS (TTM):** ₹40.16
- **Book Value:** ₹136.42
- **Price to Book:** 3.21
- **Dividend Yield:** 0%
- **ROE:** 22.93%
- **ROCE:** 32.35%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹823.6 Cr
- **Net Income:** ₹82.3 Cr
- **EBITDA:** ₹117.9 Cr
- **52-Week High:** ₹580
- **52-Week Low:** ₹283
- **RSI (14):** 68.33

## Tapetide Score

- **Score:** 60 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Falling
- **Percentile:** 87.9 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 66.5 | 9% |
| growth | 98.9 | 9% |
| momentum | 47.73 | 12% |
| ownership | 66.15 | 24% |
| quality | 49.37 | 22% |
| valuation | 56.85 | 24% |

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

## Key Insights

### Strengths

- Company has delivered good profit growth of 171% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.5%
- Debtor days have improved from 57.0 to 34.2 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 | — | -69.05% | — | — |
| ebitda margin growth | -28.64% | -4.09% | -1.51% | 363.11% |
| net income growth | -29.37% | 92.29% | 147% | 171% |
| revenue growth | -26.01% | 104.98% | 111% | 91% |
| roce | — | -5.44% | -62.78% | 45.78% |
| roe | — | -7.54% | 37.47% | 131.15% |

## Financial Statements

### Quarterly Results

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

| Item | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 38 | 186 | 123 | 195 | 272 | 277 | 205 |
| Expenses | 32 | 166 | 109 | 165 | 232 | 235 | 175 |
| Operating Profit | 6 | 20 | 13 | 30 | 40 | 43 | 30 |
| OPM % | 15 | 11 | 11 | 15 | 15 | 15 | 15 |
| Other Income | 0 | 2 | 0 | 1 | 1 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 2 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 5 | 21 | 12 | 29 | 39 | 41 | 29 |
| Tax % | 15 | 11 | 26 | 25 | 25 | 25 | 25 |
| Net Profit | 4 | 18 | 9 | 22 | 29 | 30 | 21 |
| EPS in Rs | 1.86 | 7.61 | 3.81 | 9.11 | 11.16 | 11.65 | 8.24 |

### Profit & Loss

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 65 | 32 | 58 | 87 | 247 | 370 | 820 | 949 |
| Expenses | 61 | 31 | 57 | 79 | 211 | 321 | 706 | 807 |
| Operating Profit | 4 | 1 | 2 | 8 | 36 | 49 | 115 | 142 |
| OPM % | 6 | 3.8 | 3 | 10 | 14 | 13 | 14 | 15 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 4 |
| Interest | 0 | 0 | 1 | 1 | 1 | 2 | 6 | 8 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 3 | 1 | 1 | 7 | 35 | 49 | 110 | 137 |
| Tax % | 29 | 26 | 26 | 25 | 25 | 30 | 25 | — |
| Net Profit | 2 | 1 | 1 | 5 | 26 | 34 | 82 | 103 |
| EPS in Rs | 11.45 | 2.8 | 4.4 | 27.3 | 130.65 | 14.15 | 31.69 | 40.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 2 | 2 | 2 | 2 | 2 | 24 | 26 |
| Reserves | 6 | 6 | 7 | 12 | 39 | 162 | 333 |
| Borrowings | 4 | 4 | 7 | 6 | 0 | 10 | 90 |
| Other Liabilities | 23 | 17 | 31 | 27 | 64 | 84 | 223 |
| Total Liabilities | 35 | 29 | 46 | 48 | 105 | 280 | 672 |
| Fixed Assets | 1 | 1 | 1 | 1 | 4 | 10 | 10 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 34 | 28 | 46 | 47 | 101 | 269 | 661 |
| Total Assets | 35 | 29 | 46 | 48 | 105 | 280 | 672 |

### Cash Flow

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

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | -6 | -1 | 3 | 12 | -96 | -163 |
| Cash from Investing Activity | -7 | 6 | 0 | 0 | -3 | -4 | 2 |
| Cash from Financing Activity | 0 | 0 | 2 | -2 | -6 | 96 | 165 |
| Net Cash Flow | -2 | 1 | 1 | 1 | 2 | -4 | 3 |
| Free Cash Flow | 5 | -6 | -1 | 3 | 9 | -103 | -164 |
| CFO/OP | 154 | -411 | -76 | 58 | 39 | -164 | -118 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 16 | 34 | 41 | 33 | 20 | 116 | 34 |
| Inventory Days | 252 | 455 | 269 | 207 | 121 | 104 | 131 |
| Days Payable | 127 | 142 | 165 | 98 | 67 | 129 | 128 |
| Cash Conversion Cycle | 142 | 347 | 145 | 142 | 74 | 91 | 37 |
| Working Capital Days | 41 | 100 | 41 | 46 | 41 | 126 | 109 |
| ROCE % | — | 10 | 13 | 47 | 117 | 43 | 36 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 62.71% | 62.71% | 62.71% | 62.71% | 58.27% | 58.27% |
| FIIs | 3.18% | 0% | 0% | 0.12% | 0.28% | 0.28% |
| DIIs | 0.62% | 0.17% | 0.06% | 1.53% | 1.65% | 2.02% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 27.95% | 31.5% | 28.97% | 28.71% | 32.03% | 31.53% |
| Others | 5.54% | 5.62% | 8.26% | 6.92% | 7.78% | 7.91% |
| No. of Shareholders | 2088 | 4644 | 5243 | 5519 | 5655 | 5583 |

## Technical Indicators

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

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 12 / 5 / 2

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 409.69 | Buy |
| EMA (10) | 412.06 | Buy |
| SMA (20) | 397.91 | Buy |
| EMA (20) | 395.72 | Buy |
| SMA (50) | 350.56 | Buy |
| EMA (50) | 369.19 | Buy |
| SMA (100) | 355.67 | Buy |
| EMA (100) | 364.3 | Buy |
| SMA (200) | 379.96 | Buy |
| EMA (200) | 378.48 | Buy |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 64.34 | Neutral |
| MACD (12,26,9) | 21.12 | Buy |
| Stochastic (14,3,3) | 83.08 | Sell |
| ADX (14) | 37.95 | Buy |
| Williams %R (14) | -24.45 | Neutral |
| ATR (14) | 22.23 | High Volatility |
| ROC (12) | -1.2 | Sell |
| Stoch RSI (14) | 38.62 | Neutral |
| UO (7,14,28) | 61.52 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 July 2026 - Secured ₹75.52 crore additional orders; FY27 confirmed order book rises to ₹915.74 crore. | [Bagging/Receiving of orders/contracts 9 July 2026 - Secured ₹75.52 crore additional orders; FY27 confirmed order book rises to ₹915.74 crore.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_09072026095517_IntimationunderRegulation30.pdf) |
| 9 July 2026 - Secured ₹42.50 crore Taj Vivanta civil, MEP and electrical works order, completion by December 2027. | [Bagging/Receiving of orders/contracts 9 July 2026 - Secured ₹42.50 crore Taj Vivanta civil, MEP and electrical works order, completion by December 2027.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_09072026184820_IntimationunderRegulation30.pdf) |
| 8 May 2026 - CRISIL assigned BBB+/Positive and A2 ratings to ₹200 crore bank facilities on 8 May 2026. | [Credit Rating 8 May 2026 - CRISIL assigned BBB+/Positive and A2 ratings to ₹200 crore bank facilities on 8 May 2026.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_08052026232034_Credit_Rating_Updation_NSE.pdf) |
| 7 Sep - SSEGL won ₹44.26 crore Godrej order; confirmed FY27 orders total ₹1,139.10 crore. | [Bagging/Receiving of orders/contracts 7 Sep - SSEGL won ₹44.26 crore Godrej order; confirmed FY27 orders total ₹1,139.10 crore.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_07092026071739_IntimationunderRegulation30.pdf) |
| 6 March 2026 - Virtual analyst/investor group meeting at Arihant Bharat Connect (06-Mar-2026, 01:00-02:00 PM). | [Analysts/Institutional Investor Meet/Con. Call Updates 6 March 2026 - Virtual analyst/investor group meeting at Arihant Bharat Connect (06-Mar-2026, 01:00-02:00 PM).](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_06032026143753_Investor_Meet_Outcome.pdf) |
| 6 March 2026 - Attending Vivro Connect investor meet in Mumbai on March 11, 2026, 09:00–18:00 (physical). | [Analysts/Institutional Investor Meet/Con. Call Updates 6 March 2026 - Attending Vivro Connect investor meet in Mumbai on March 11, 2026, 09:00–18:00 (physical).](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_06032026175316_Intimation_of_Investor_Meeting.pdf) |
| 6 Aug - Company formed SATHLOKHAR CENTRAL TRUST for CSR activities and effective utilization of CSR funds. | [Updates 6 Aug - Company formed SATHLOKHAR CENTRAL TRUST for CSR activities and effective utilization of CSR funds.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_06082026120728_Updates_for_CSR_Trust_Registration.pdf) |
| 5 Aug - Submitted Q1 FY27 earnings call transcript; discussed June 30, 2026 results, order book, and PEB factory plans. | [Analysts/Institutional Investor Meet/Con. Call Updates 5 Aug - Submitted Q1 FY27 earnings call transcript; discussed June 30, 2026 results, order book, and PEB factory plans.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_05082026172149_Investor_Presentation_Letter_to_NSE.pdf) |
| 30 July 2026 - Submitted newspaper advertisements for unaudited Q1 FY2027 results on July 30, 2026. | [Copy of Newspaper Publication 30 July 2026 - Submitted newspaper advertisements for unaudited Q1 FY2027 results on July 30, 2026.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_30072026175541_NEWSPAPER_ADVERTISEMENTS_Q1_26_27_NSE.pdf) |
| 30 Jul - Q1 FY27 income rose 67.76% to ₹206.19 Cr; PAT up 132.59%; orders secured ₹272.05 Cr. | [Press Release 30 Jul - Q1 FY27 income rose 67.76% to ₹206.19 Cr; PAT up 132.59%; orders secured ₹272.05 Cr.](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_30072026181650_Press_Release_NSE.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_13112025210223_Investor_Transhipment_Presentation_Letter_to_NSE.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/SSEGL_12112024232208_Transcript.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_16052025162702_Transcript_H2_2025.pdf) |
| Feb 2026 | [Concall - Feb 2026](https://nsearchives.nseindia.com/corporate/SATHLOKHAR_12022026123351_Transcript_Q3_2026_NSE.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30589_SSEGL_2025_2026_A_4099325_25082026153058.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28351_SSEGL_2024_2025_A_4868631_03092025201312.pdf) |

---

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 2026-09-13T21:37:11.384Z.
