Nuclear energy stock engaged in designing and manufacturing high-precision & heavy-duty mechanical seals widely employed in various nuclear & thermal projects in focus following fundraising plans of Rs. 25 Crores.
Price action
With a market capitalization of Rs. 512 Crores, the shares of Sealmatic India Limited were trading at Rs. 565 per equity share, up 0.4 percent from its previous day’s close price of Rs. 562.80.
What Happened
The board of directors of Sealmatic India Limited has considered and approved raising funds to the extent of upto Rs. 25 Crores by creating, issuing, offering, and allotting to the extent of 4.3 Lakh fully paid-up equity shares of the face value of Rs. 10 through, by way of a preferential issue on a private placement basis.
About the Company
Sealmatic India Limited is engaged in designing and manufacturing high-precision & heavy-duty mechanical seals that are widely employed in various power plant applications both nuclear & thermal.
Sealmatic’s API-compliant mechanical seals offer technically competent, practical solutions that provide significantly greater safety and process reliability in refining technology, petrochemical, oil & gas, and chemical industries.
The mechanical seals market size is forecasted to increase by USD 1.73 billion at a CAGR of 5.55 percent between 2025 and 2030.
Clientele Base
Sealmatic India Limited has a strong customer base with well-known players like Reliance Industries Limited, IOCL, BPCL, HPCL, Oil India, BHEL, NTPC, ONGC, JSPL, GAIL, GSECL and many others.
Financials & Ratios
Its revenue from operations grew by 19 percent from Rs. 37.01 Crores in H1FY24 to Rs. 43.93 Crores in H1FY25, accompanied by profits of Rs. 6.59 Crores to Rs. 6.46 Crores.
In terms of return ratios, it has reported a return on equity (ROE) of 11.8 percent and a return on capital employed (ROCE) of 16.1 percent. In terms of liquidity, it has reported a debt-to-equity ratio of 0.06.
Written by: Bharath K.S
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