| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 137 | 200 | 226 | 266 |
| Cost of Material Consumed | 73 | 102 | 114 | 155 |
| Change in Inventory | -9 | 1 | -4 | -15 |
| Gross Margins | 46.72 | 49 | 49.56 | 47.37 |
| Employee Benefit Expenses | 31 | 34 | 39 | 40 |
| Other Expenses | 25 | 33 | 37 | 42 |
| EBITDA | 17 | 30 | 40 | 44 |
| OPM | 12.41 | 15 | 17.7 | 16.54 |
| Other Income | 1.6 | 2.5 | 5 | 29 |
| Finance Cost | 1 | 1 | 1 | 2.4 |
| D&A | 6 | 6 | 6 | 6.2 |
| EBIT | 11 | 24 | 34 | 37.8 |
| EBIT Margins | 8.03 | 12 | 15.04 | 14.21 |
| PBT | 12 | 26 | 37 | 64 |
| PBT Margins | 8.76 | 13 | 16.37 | 24.06 |
| Tax | 4 | 7 | 9 | 13 |
| PAT | 8 | 19 | 28 | 51 |
| NPM | 5.84 | 9.5 | 12.39 | 19.17 |
| EPS | 17.98 | 42.7 | 62.92 | 114.61 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 12.41 | 15 | 17.7 | 16.54 |
| Net Profit Margin | 5.84 | 9.5 | 12.39 | 19.17 |
| Earning Per Share (Diluted) | 17.98 | 42.7 | 62.92 | 114.61 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 45 | 42 | 50 | 45 |
| CWIP | 0.02 | 1.6 | 0 | 0 |
| Investments | 40 | 43 | 40 | 33 |
| Trade Receivables | 64 | 82 | 107 | 104 |
| Inventory | 62 | 72 | 79 | 94 |
| Other Assets | 48.98 | 52.4 | 57 | 98 |
| Total Assets | 260 | 293 | 333 | 374 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 4.45 | 4.45 | 4.45 | 4.45 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 197 | 215 | 242 | 288 |
| Borrowings | 0.07 | 0 | 0 | 0 |
| Trade Payables | 19 | 29 | 47 | 44 |
| Other Liabilities | 39.48 | 44.55 | 39.55 | 39.55 |
| Total Liabilities | 260 | 293 | 333 | 374 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 12 | 26 | 37 | 64 |
| OPBWC | 17 | 30 | 40 | 44 |
| Change in Receivables | 24 | -17 | -26 | -33 |
| Change in Inventories | -11 | -10 | -7 | -15 |
| Change in Payables | -8 | 10 | 18 | -5 |
| Other Changes | 6 | 10 | -8.8 | -5 |
| Working Capital Change | 11 | -7 | -23.8 | -58 |
| Cash Generated From Operations | 28 | 23 | 16.2 | -14 |
| Tax | -4 | -7 | -9.4 | -13 |
| Cash Flow From Operations | 24 | 16 | 6.8 | -27 |
| Purchase of PPE | -2 | -4.5 | -12.2 | -4 |
| Sale of PPE | 0.38 | 0 | 0.1 | 29 |
| Cash Flow From Investment | -21 | -5 | -4.3 | 35 |
| Borrowing | 0 | 0 | 0 | 0 |
| Dividend | -0.44 | -1 | -1.7 | -4.4 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -1.06 | -1 | -1.2 | -2.6 |
| Cash Flow from Financing | -1.5 | -2 | -2.9 | -7 |
| Net Cash Generated | 1.5 | 9 | -0.4 | 1 |
| Cash at the Start | 5.6 | 7 | 15.5 | 15 |
| Cash at the End | 7.1 | 16 | 15.1 | 16 |
SAN Engineering & Locomotive Company Limited is an established Indian engineering firm with a long track record of designing and manufacturing railway wagons, freight rolling stock, and other transport-related engineering solutions. The company focuses on heavy mechanical fabrication, wagon building, and allied engineering components for railways and private freight operators. Over the years, SANEL has supplied a variety of freight wagon designs and related rolling stock to customers in the rail and logistics sectors, catering to demand from both public and private players in India’s rail freight market. Its business also includes maintenance and refurbishment of rail assets — a critical service as India upgrades its freight infrastructure.
One of SANEL’s core strengths lies in its domain expertise in rail-industry engineering, regulatory approvals, and manufacturing infrastructure tailored for heavy fabrication. Given the steady long-term demand for freight transport, railway infrastructure expansion, and the government’s increasing focus on logistics efficiency, SANEL occupies a niche but important segment in India’s transport supply chain. Its ability to manufacture complex wagons and rolling stock gives it competitive advantage over generic engineering firms. For investors, the company represents exposure to a sector — rail freight and infrastructure supply — that tends to be less cyclical compared to consumer-facing industries, and is driven by long-term structural demand in India’s economy.
Though the name may arise in “unlisted share” discussions, SAN Engineering & Locomotive Company is in fact a publicly listed company — meaning its equity is traded on public stock exchanges. For investors, this means shares are (in principle) more liquid and valuations are more transparent than typical unlisted firms. That said, evaluating SANEL requires careful attention to its order book, backlog of wagon contracts, working-capital needs, raw-material cost fluctuations, and demand in the rail freight segment. As with many industrial/engineering firms, success depends on sustained demand from rail freight, timely project execution, and stable input costs. For someone evaluating SANEL (listed or otherwise), it represents a classic industrial-sector exposure: potentially stable, long-horizon, and linked to infrastructure trends — but needing diligence on demand cycles and operational execution.
Q:1 How can I confirm my booking for San Engineering and Locomotive Company Limited Unlisted Shares?Answer: You can confirm your booking by contacting us and providing the trading price for the shares you wish to purchase.
Q:2 What documents do I need to provide to buy unlisted shares?Answer: You need to provide your client master report (CMR), PAN Card, and a Cancelled Cheque if you are not transferring funds from the bank account mentioned in the CMR.These are required as per SEBI regulations.
Q:3 How will I receive the bank details for the payment?
Answer: We will provide you with the necessary bank details after you confirm your booking for the unlisted shares.
Q:4 What payment methods are accepted for purchasing the shares?
Answer: Payments must be made via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.
Q:5 Can I make a cash deposit to pay for the shares?
Answer: No, cash deposits are not accepted for purchasing shares.You must use electronic transfer methods or cheque.
Q:6 From which bank account should I make the payment?
Answer: The payment must be made from the same bank account where the shares will be credited.
Q:7 What happens if I do not have a client master report?Answer: If you do not have a client master report, you should ask your broker for a copy, as it is a necessary document for the transaction.
Q:8 Are there any restrictions on how I can transfer the funds?
Answer: Yes, you must use RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are strictly prohibited for this transaction.