spray engineering devices unlisted shares

    spray engineering devices unlisted shares

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    About spray engineering devices unlisted shares
    Company overview and key information
    About Spray Engineering Devices Unlisted Shares

    1) Established in 2004, initially focused on manufacturing spray nozzles, and has since evolved into a global leader in energy-efficient solutions.

    2) Operates across diverse sectors, including sugar, bio-refinery, distillery, jaggery, biofuel, water, and bio-based green chemicals.

    3) Operates in over 40 countries, providing expertise in processes such as evaporation, crystallization, and refining.

    4) Specializes in integrated energy-saving equipment and solutions for the sugar and allied industries, recognized for enhancing operational efficiency and sustainability.

    5) Engages in manufacturing, designing, process engineering, advisory, EPC, and R&D, employing 1,200 skilled professionals. Recognized by the Department of Scientific & Industrial Research (DSIR), Government of India.

    Business Verticals:

    Spray Engineering Devices Limited (SED) is a global leader in energy-efficient solutions for sugar and allied industries. Sugar, Biofuel, Bio-Refinery, Distillery, Jaggery, Biofuel, Water and Bio Based Green Chemicals.

    Innovative Technologies

    a) Low-Temperature Evaporation System

    SED has developed an efficient, eco-friendly low-temperature evaporation system designed for recycling wastewater into clean water. This system is utilised in over 100 plants globally, achieving significant reductions in steam consumption and power usage while promoting sustainable water use.

    b) Boiler-Free Jaggery Production Unit

    SED has also established a boiler-free jaggery production unit, capable of producing solid, semi-solid, powder, and cake jaggery. This technology ensures 100% bagasse saving, presenting a profitable and sustainable business proposition.

    R&D and Production Facilities

    1. R&D Unit: Granted in-house R&D unit status by the Government of India in 2007
    2. Fabrication Units: Three modern fabrication and automation units located in Baddi, Himachal Pradesh, India.

    Enhanced Industry Efficiency

    SED's solutions have been successfully commissioned in over 500 sugar factories in India, achieving significant enhancements in industry efficiency:

    1. Steam Consumption: Reduced to 25-26% on cane
    2. Power Usage: Lowered to 22-24 kW/Ton
    3. Fresh Water Usage: Achieves zero fresh water usage in over 600 installations

    Eco-Friendly Wastewater Recycling

    In the past 5-6 years, SED has made significant strides in developing and implementing eco-friendly wastewater recycling systems. These systems are operational in over 100 plants worldwide, transforming wastewater into clean water and promoting environmental sustainability.

    Domestic Projects

    SED has been involved in various significant domestic projects in India, including:

    1. Sugar Projects: Bajaj Group, Dalmia Group, DSCL Group, Birla Group, Triveni Sugar Group, and more
    2. Water Projects: Dr. Reddy’s Lab, Sun Pharma, Cipla India, JK Cement, TATA Chemicals, Pidlite Industries, and more

    International Projects

    SED's international presence is marked by major projects with renowned companies in Dubai, South Africa, Nigeria, Kenya, Poland, Brazil, Indonesia and in the USA.


    Fundamentals
    Key financial metrics for Spray Engineering Devices Unlisted Shares
    Price Per Equity Share₹ 525
    Lot Size100 Shares
    52 Week High₹ 650
    52 Week Low₹ 525
    DepositoryNSDL & CDSL
    PAN NumberAAICS5252M
    ISIN NumberINE528I01015
    CINU00000CH2004PLC027625
    RTALink Intime
    Market Cap (in cr.)₹ 1318
    P/E Ratio24.86
    P/B Ratio9.87
    Debt to Equity0.61
    ROE (%)42.91
    Book Value53.19
    Face Value10
    Total Shares25096423

    Financials

    P&L Statement
    P&L Statement2021202220232024
    Revenue111214392547
    Cost of Material Consumed61147255341
    Gross Margins45.0531.3134.9537.66
    Change in Inventory1-6-76
    Employee Benefit Expenses21283947
    Other Expenses15245166
    EBITDA13215487
    OPM11.719.8113.7815.9
    Other Income1111
    Finance Cost65810
    D&A2235
    EBIT11195182
    EBIT Margins9.918.8813.0114.99
    PBT5154574
    PBT Margins4.57.0111.4813.53
    Tax001221
    PAT5153353
    NPM4.57.018.429.69
    EPS2.236.6914.7123.56
    Financial Ratios
    Financial Ratios2021202220232024
    Operating Profit Margin11.719.8113.7815.9
    Net Profit Margin4.57.018.429.69
    Earning Per Share (Diluted)2.236.6914.7123.56

    Shareholding Patterns

    Progress for 2021

    Vivek Verma56.7%
    Prateek Verma26.52%
    Klondike Investments Ltd.12.5%
    Others4.28%

    Promoters or Management

    NameDesignationExperienceLinkedIn
    Vivek Verma MD 30+ Profile
    Prateek Verma Director 20+ Profile
    Manoj Gupta CFO 15+ Profile