Salem Erode Investments logo

Salem Erode Investments share price

BSE: 540181FinanceSmall Cap

Last close ₹18.65down ₹0.63 (3.27%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹19.28.

52-week range of traded prices to 23 Oct 2026
₹16.00Low, 22 Oct 2026₹45.18High, 11 May 2026
Market cap
₹43 Cr3,604th largest listed
P/E
Lossover the last 12 months
P/B
Shares changed
Dividend yield
Nonein the last 12 months
ROE
−30.5%
NIM
10.54%
Cost of funds
13.64%
Credit cost
−0.02%
ROA
−14.09%
Leverage
2.03times net worth
Volume, BSE
2,140

Share price

Daily closes since Nov 2016, adjusted for splits and bonuses

−54.7%over a year · Nifty 500 −9.8%

Split, bonus, rights or demerger20-session average 3,878 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Income from operations
₹0.89 Crup 25.36%
Net profit
−₹1.31 CrQuarter to Mar 2026: −₹1.40 Cr

Income from operations by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 5 of the 10 years shown

The years either side of a change of basis do not compare. From the year to Mar 2018, the company's income from operations for that year, ₹0.01 Cr, differs from its quarters added, ₹1.42 Cr.

₹ croreSep 2024Filed 20 JanDec 2024Filed 3 AprMar 2025Filed 4 JulJun 2025Filed 13 AugSep 2025Filed 13 NovDec 2025Filed 12 FebMar 2026Filed 26 MayJun 2026Filed 13 Aug
Income from operations1.200.810.891.090.890.820.710.89
Net profit−0.85−1.36−1.21−0.99−1.20−1.26−1.40−1.31
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Gold Loan, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−32.4%––0.0%
3 years−9.5%––0.0%
5 years+58.8%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing of 13 Oct 2026.Shareholding pattern

Shareholding by group

  • Promoters51.45%
  • Indian institutions0.37%
  • Individuals and others48.18%
Holder
ICL FINCORP LIMITEDPromoter51.45%
K G ANILKUMARResident individuals, over ₹2 lakh at face value10.03%
UMADEVI ANILKUMARResident individuals, over ₹2 lakh at face value9.16%
IEPFInvestor education fund4.56%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Non Banking Financial Company (NBFC), 281 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Salem Erode Investments in market cap.

Salem Erode Investments is not on the chart: it has no P/E today

Return on equity across, P/E up, size is market cap
Company
Kapil Raj Finance logoKapil Raj FinanceKAPILRAJ4467.33.1122.9+500.0%–4.8%2.5%––0.00%
Mega Corporation logoMega CorporationMEGACOR4352.01.2–+15.5%+66.4%2.4%–1.15%4.80%0.00%
Glance Finance logoGlance FinanceGLANCE43–0.94.9−7.7%––8.6%––0.00%
Swati Projects logoSwati ProjectsSWATIPRO43–2.63.5+1,938.5%––62.8%4.97%9.86%0.00%
Prism Medico and Pharmacy logoPrism Medico and PharmacyPRISMMEDI43–––−60.4%−156.9%−2.6%−2.5%––0.00%
Arnold Holdings logoArnold HoldingsARNOLD43–0.76.8+7.0%––8.1%––0.00%
Kiduja India logoKiduja IndiaKIDUJA42–––––––––0.00%
Morgan Ventures logoMorgan VenturesMORGAN4255.20.453.5−31.4%–0.8%1.5%––0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Latest announcements

Routine notices left out.Share news and announcements

Salem Erode Investments share price by year

Each calendar year to 2025.Salem Erode Investments share price history

YearClose at year endChangeHighest closeLowest close
202538.25−27.8%62.7834.87
202452.98+32.5%79.9841.40
202340.00−1.8%51.4136.46
202240.75+326.7%116.6510.02
20219.55+405.3%9.551.98
20201.89+51.2%1.891.31
20161.25–1.251.25
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 16 Feb 2021. 2020 is from its first session, 17 Feb 2020. 2016 is from its first session, 17 Nov 2016. The change in 2020 is on the close at the end of 2016, the last year before it with a trade. The close is the year's last trade for 2020 (2 Jun 2020) and 2016 (17 Nov 2016).

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 202619.2719.2717.7918.6518.602,140
22 Oct 202618.7019.2816.0019.2817.789,470
21 Oct 202619.2919.8317.2518.7318.151,503
19 Oct 202617.2519.7717.2519.29–40
16 Oct 202619.9819.9818.5019.4518.732,302
15 Oct 202621.4821.4819.4919.8919.545,354
14 Oct 202619.8219.9318.7219.4819.265,380
13 Oct 202619.1520.4019.1519.7119.431,312
12 Oct 202620.7920.7919.0019.4919.671,706
9 Oct 202618.7219.8018.0719.0019.0010,571
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue, open offer and offer for sale history

Ex-dateEventPrice factorWhat happened
3 Sep 2026Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
3 Sep 2026Price move–A corporate action went ex within three days of this move (Right Issue of Equity Shares, ex-date 3 Sep 2026), and its terms do not account for the move. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Salem Erode Investments Ltd.
BSE code
540181
ISIN
INE894E01028
Industry
Finance
Listed
Nov 2016
Face value
₹1
CIN
L31200TN1931PLC145816
Corporate identity number, the registrar of companies' code for it