Seemax Resources share price, P/E, ROE & financials

As of 6 Nov 2026, Seemax Resources trades at 30.1× trailing earnings, above the industry P/E of 15.9×, and the shares are close to their 52-week high. Sales and net profit grew 6.8% and 30% a year over 3 years, with ROCE of 28% and ROE of 27%, though net profit is above operating profit, which points to a one-off gain. Debt is 1.64× equity. It is listed on an SME platform with a market cap of ₹53 Cr, ranked 8th of 8 Rental & Leasing Services companies by market cap; the shares rose 12% over the past year.

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

past year

Open: ₹114.50
Day high: ₹119.53
Day low: ₹114.50
Prev. close: ₹113.84
Volume: 51K

Health check

2 good · 1 fair · 2 to check

ReturnsAhead
+11.5% over a year, better than 7 of 7 peers.
Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
GrowthSteady
Sales +6.8%, profit +30.2% a year over 3 years.
ProfitabilityStrong
ROCE 28.1% vs peer median 15.7%.
Balance sheetStretched
Debt 1.64× equity, interest covered 2.4×, Piotroski 6 of 9.
Red flags5 to check
Debt is 1.64× equity.

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

Rental & Leasing Services

7 listed peers. Screen the industry

Small cap

₹53 Cr, #8 of 8 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Mar 2026: sales ₹14 Cr · profit ₹2 Cr

Market cap: ₹53 Cr; Small cap
P/E: 30.1; Industry 15.9
Price to book: 4.80; Peers 2.47
Dividend yield: 0.00%
ROE: 26.5%; Peers 15.5%
ROCE: 28.1%; Peers 15.7%
Debt to equity: 1.64; Debt ₹12 Cr
EPS (TTM): ₹3.97
OPM (TTM): −11.8%; Net margin 12.7%
Sales growth: −13.3%; Latest quarter vs a year ago
Profit growth: −11.5%; Latest quarter vs a year ago
Price to sales: 3.83; EV/EBITDA 13.5

Strengths

Return on equity of 26.5%.
Return on capital employed of 28.1%.
Positive operating cash flow in each of the last 4 years.

Risks to check

Debt is 1.64× equity.
Quarterly profit down 11.5% on a year ago.
Quarterly sales down 13.3% on a year ago.
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
P/E of 30.1 against an industry P/E of 15.9.

Derived automatically from reported figures. Not a recommendation.

About Seemax Resources

Seemax Resources Limited rents and trades in material handling equipment (MHE) in India. The company offers customized MHE, manual hand pallet trucks, manual hand stackers, and semi electric stackers; diesel forklifts, LPG forklifts, electric forklifts, and warehousing equipment; and selective pallet racking systems, RF shuttle racking systems, cantilever racking systems, heavy duty shelving systems, mezzanine floor systems, carton or bin floq racking…

Headquarters: Vadodara
Sector: Industrials
ISIN: INE1EVO01017
Website: seemaxresources.com

Price range

52 weeks

₹48.61₹119.53

Today

₹114.50₹119.53

Avg volume (3M): 7.8K
1-year return: plus 11.5%
From 52-week high: 0.0%

Peers · Rental & Leasing Services

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
RENTOMOJORentomojo	579.35	minus 1.20%	6,032	57.8	37.6	21.1%	22.6%	0.79	45.4%	plus 8.4%
SANGHVIMOVSanghvi Movers	373.35	minus 1.45%	3,232	15.9	–	–	36.2%	0.51	–	minus 4.2%
AWFISAwfis Space Solutions	280.95	plus 3.81%	2,011	23.8	6.1	13.4%	37.0%	2.72	39.9%	minus 54.5%
ECOSMOBLTYEcos (India) Mobility & Hospitality	115.78	minus 2.28%	695	11.8	6.0	27.7%	11.2%	0.03	24.2%	minus 42.2%
CROWNCrown Lifters	108.97	minus 0.69%	126	14.9	7.6	12.4%	53.3%	0.75	27.2%	minus 22.9%
AUTOINTAutoriders International	242.00	minus 1.93%	84	10.1	4.0	17.9%	27.3%	0.57	12.5%	minus 70.9%
STARLOGStarlog Enterprises	40.49	minus 0.98%	61	–	–	−12.9%	−57.5%	0.01	−40.5%	minus 22.5%
SEEMAXSeemax Resources	119.53	plus 5.00%	53	30.1	18.4	28.1%	−11.8%	1.64	6.8%	plus 11.5%
Median of 7 peers	–	−1.20%	695	15.4	6.1	15.7%	27.3%	0.57	25.7%	−22.9%

Quarterly results

Consolidated, ₹ crore · latest reported Mar 26

SalesSelect a row below to chart it

₹ Cr	Mar 25	Mar 26
	9.6	8.3
	5.8	5.3
	3.8	3
	39.5%	36.4%
	0	0.6
	0.6	1
	0.3	0.2
	2.9	2.5
	26.5%	24.8%
	2.1	1.9
	4.83	4.28

Jun 25, Sep 25, Dec 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +6.8%
Profit CAGR 3Y: +30.2%
ROE: 26.5%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
11.3	11.3	14.4	13.7
–	+0.5%	+27.1%	minus 4.7%
8.9	7.5	9.5	10.2
2.4	3.9	4.9	3.5
21.0%	34.2%	34.3%	25.6%
0	−0	0	1.3
0.8	1	1.2	1.7
0.6	0.8	0.6	0.7
0	−0	–	–
1	2.1	3.2	2.4
24.1%	31.4%	25.5%	27.8%
0.8	1.4	2.4	1.7
–	+79.9%	+65.2%	minus 25.8%
1.80	3.24	5.35	–

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
0	0	3	3
2	3.5	2.7	4.5
7.6	10.9	9.7	12.3
1.7	2.2	3.1	3.3
11.3	16.7	18.5	23
7.9	11.5	12.5	12.4
0.2	1.6	0.8	0.1
3.3	3.5	5.1	10.5
11.3	16.7	18.5	23

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2	3.5	3.9	2.4
−1.1	−4.4	−3.2	−4.1
−1	2.3	−2.6	0.9
−0.1	1.4	−1.8	−0.7
−1.5	−4.5	−1.6	−0.5
0.4	−1	2.3	1.9

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