SALEM share price, P/E, ROE & financials

Salem Erode Investments (BSE: SALEM) is loss-making over the last 12 months, losing ₹5.17 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹18.68, 59% below its 52-week high. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 1.47× book value. It is a small-cap company with a market cap of ₹43 Cr, ranked 115th of 193 Credit Services companies by market cap; the shares fell 54% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹19.40
Day high: ₹19.50
Day low: ₹18.06
Prev. close: ₹19.42
Volume: 489

Health check

4 to check

ReturnsBehind
−53.7% over a year, better than 0 of 7 peers.
Price tagLoss-making
Earnings were negative over the last 12 months.
Growthn/a
Not enough yearly results to measure.
ProfitabilityNegative
ROE -28.6% vs peer median 18.7%.
Balance sheetn/a
Asset quality (bad loans) isn’t in our data.
Red flags3 to check
Loss-making over the last twelve months.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Credit Services

192 listed peers. Screen the industry

Small cap

₹43 Cr, #115 of 193 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹2 Cr · profit ₹−5 Cr

Market cap: ₹43 Cr; Small cap
P/E: n/a; Industry 15.5
Price to book: 1.47; Peers 2.62
Dividend yield: 0.00%
ROE: −28.6%; Peers 18.7%
ROCE: n/m; Not meaningful for lenders
Debt to equity: n/m; Not meaningful for lenders
EPS (TTM): −₹3.52
OPM (TTM): −124.3%; Net margin 0.0%
Sales growth: n/m; Not meaningful for lenders
Profit growth: n/a; Year-ago quarter not reported
Price to sales: 26.80

Risks to check

Loss-making over the last twelve months.
Return on equity is low at −28.6%.
59% below its 52-week high.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Salem Erode Investments

Salem Erode Investments Limited was incorporated in 1931.

Headquarters: Kolkata
Employees: 127
Sector: Financial Services
ISIN: INE894E01028
Website: salemerode.com

Price range

52 weeks

₹16.00₹45.18

Today

₹18.06₹19.50

Avg volume (3M): 3.8K
1-year return: minus 53.7%
From 52-week high: minus 58.7%

Peers · Credit Services

Bank and NBFC columns

Compare with peers Screen the whole industry

Company
BAJFINANCEBajaj Finance	1,087.75	plus 1.66%	6,77,005	31.3	5.49	19.0%	3.8%	18.2%	0.50%	plus 1.2%
SHRIRAMFINShriram Finance	961.15	minus 0.30%	2,26,167	16.0	2.03	14.8%	3.9%	18.6%	1.80%	plus 21.0%
CHOLAFINCholamandalam Investment and Finance Company	1,785.00	plus 1.42%	1,53,103	24.5	4.41	20.6%	2.6%	25.2%	0.11%	plus 0.8%
TATACAPTata Capital	358.05	plus 2.93%	1,50,979	25.4	3.10	14.1%	2.2%	–	0.16%	plus 5.6%
MUTHOOTFINMuthoot Finance	2,869.00	plus 1.06%	1,15,181	9.4	2.62	31.6%	6.3%	43.1%	1.05%	minus 11.0%
PFCPower Finance Corporation	328.80	minus 0.18%	1,08,507	4.1	0.74	18.7%	2.7%	17.7%	4.99%	minus 16.9%
IRFCIndian Railway Finance Corporation	80.43	plus 0.37%	1,05,110	14.3	1.73	12.6%	1.4%	4.4%	2.74%	minus 34.4%
SALEMSalem Erode Investments	18.68	minus 3.81%	43	–	1.47	−28.6%	–	–	0.00%	minus 53.7%
Median of 7 peers	–	1.06%	1,50,979	16.0	2.62	18.7%	2.7%	18.4%	1.05%	0.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
1.1	0.9	0.8	0.7	0.9
1.8	1.8	1.8	1.9	1.9
−0.7	−0.9	−1	−1.2	−1
−63.9%	−106.2%	−119.4%	−165.4%	−113.9%
0	0	0	0	0
0.3	0.3	0.3	0.3	0.3
−1	−1.2	−1.3	−1.5	−1.3
0.0%	2.8%	1.2%	4.4%	−3.9%
−1	−1.2	−1.3	−1.4	−1.3
-0.67	-0.82	-0.86	-0.95	-0.89

Profit & loss

Yearly, ₹ crore

ROE: −28.6%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
4.1	3.9	3.8	3.5
–	minus 5.5%	minus 2.3%	minus 8.4%
3.8	4.7	7	7.3
0.4	−0.8	−3.2	−3.8
8.9%	−19.4%	−84.8%	−108.7%
0	0	0.1	0.2
0.1	0.2	0.2	0.1
0.4	0.9	1.6	1.2
0	−0	−0	0
−0.1	−1.8	−5	−5
−14.7%	−2.9%	4.7%	2.3%
−0.1	−1.8	−4.7	−4.8
-0.06	-1.24	-3.22	-3.30

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
1.1	1.1	1.1	1.1
24.8	22.9	18.2	13.4
11.7	20.1	13.9	13.9
2	3.4	3.2	3.9
39.5	47.5	36.4	32.4
1.5	10.5	9.6	8.3
1.3	1.6	1.7	–
4.2	15.4	6.5	1.5
32.5	20.1	18.7	22.6
39.5	47.5	36.4	32.4

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.2	15.5	2.6	−5
−0.2	−8.4	−2.6	2
−2.8	3.9	−8.8	−1.9
−0.8	10.9	−8.9	−4.9
−0.3	−8.4	−0.7	−0.1
1.9	7.1	1.9	−5

Shareholding pattern

This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.

Major shareholders

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you