543782

Sealmatic India financials

Market cap
₹402 Cr
Sector
Capital Goods
Calls analysed
3
Latest concall · Q4 FY26 · call held 10 Jun 2026

Sealmatic India Q4 FY26

EBITDA ₹18.38 cr EBITDA Margin 17.36%

What went well

  • Revenue grew 2% YoY to INR103 crores in FY26, showcasing business model resilience.
  • Secured significant orders for 916 critical API seals in the Middle East, with 686 already supplied.
  • Exports accounted for 54.36% of revenue, indicating successful global expansion and market presence.

What to watch

  • EBITDA margin compressed to 17.36% in FY26 from 24% in the previous year due to high exhibition costs and subsidized API seal sales.
  • Commissioning of Middle East projects has been deferred by 6-9 months due to geopolitical volatility.
Read the full call →

What Sealmatic India does

Sealmatic India designs and manufactures mechanical seals and associated sealing support systems used on rotating equipment such as pumps, compressors, mixers, agitators and steam turbines. Its products serve the oil & gas, refinery, petrochemical, chemical, pharmaceutical, pulp & paper, power and mining industries, and increasingly nuclear, marine and defense applications. Manufacturing is carried out at its Mira Road (Thane) facility, supplemented by a newer unit at Kaman, with in-house R&D and testing capability in Thane. The company sells domestically and exports to customers worldwide through its own sales offices and regional teams.

Segments

  • Oil & Gas, Refinery & Petrochemical
  • Power, Chemical & Pharmaceutical
  • Nuclear, Marine & Defense
  • Aftermarket / spares
Manufacturing plants
2 (Mira Road, Thane + Kaman, Maharashtra)
New Kaman unit capacity addition
25,000 sq ft facility, expected to raise manufacturing capacity by ~65%
Export markets
53+ countries incl. USA, UK, Germany, Middle East, Japan, Australia
Global customer base
1,000+ customers, 100% retention rate
Key certifications
API Q1, ISO 19443 (Nuclear), ASME U Stamp, ISO 3834-2, PED 97/23/EC, ATEX, TRCU 010/012/032, ISO 9001/14001/45001
Sales & service footprint
Regional teams in Pune, Chennai, Kolkata, Baroda, Mumbai; international sales offices in Dublin (Ireland) and Houston (USA)
Founded 2009Headquarters Mumbai, Maharashtra, India Company website

Guidance record · Q4 FY26

what the last two calls moved 9 tracked 0 delivered 3 missed 6 open
  • Year-on-year Revenue Growth missed said Q4 FY25 Promised: 15% to 20% every year year-on-year Q4 FY26: FY26 revenue grew only 2% YoY to INR 103 crores, significantly missing the 15-20% guided range.
  • Mid-term Revenue Target at risk said Q4 FY25 Promised: cross INR225 crores by 2028, 2029 Q4 FY26: FY26 revenue grew only 2% to INR 103 cr. While FY27 guidance is 15% growth, the required run-rate to hit INR 225 cr by FY29 has increased, placing the target at risk.
  • FY27 Revenue Growth open said Q4 FY26 Promised: We expect to grow by 15% this year (FY27). Q4 FY26: Guidance of 15% revenue growth issued for FY27.

All 9 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q4 FY26: revenue up 44.1%, net profit up 33.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue26 33 37 34 44 +69%57 +73%54 +46%49 +44%
EBITDA8 7 9 5 9 +13%14 +100%9 +0%6 +20%
Net profit5 6 7 3 6 +20%9 +50%6 −14%4 +33%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −23.1% 1Y

₹350₹400₹450₹500Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 18 Nov 2025Q4 FY26 — 10 Jun 2026

1Y: ₹481.65 on 10 Sept 2025 → ₹370.3. High ₹507.15 (21 Oct 2025), low ₹318 (30 Jan 2026).

How the price took the results

close before → close after

Q4 FY26
−3.2%
10 Jun
Q2 FY26
+1.0%
18 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹0 Cr₹0 Cr₹9 Cr₹9 Cr₹9 Cr₹11 Cr
Reserves₹22 Cr₹30 Cr₹70 Cr₹79 Cr₹99 Cr₹101 Cr
Borrowings₹3 Cr₹1 Cr₹5 Cr₹3 Cr₹5 Cr₹9 Cr
Other liabilities₹5 Cr₹8 Cr₹14 Cr₹19 Cr₹18 Cr₹23 Cr
Total liabilities₹30 Cr₹39 Cr₹97 Cr₹110 Cr₹131 Cr₹143 Cr
Fixed assets₹7 Cr₹9 Cr₹15 Cr₹21 Cr₹29 Cr₹30 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹3 Cr₹0 Cr₹1 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹2 Cr₹0 Cr
Other assets₹23 Cr₹31 Cr₹82 Cr₹86 Cr₹100 Cr₹112 Cr
Total assets₹30 Cr₹39 Cr₹97 Cr₹110 Cr₹131 Cr₹143 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Mar 2026

Since Mar 2025, DIIs added +0.54 pp while FIIs trimmed −0.39 pp. The shareholder count shrank 16% to 3,468.

Promoters
72.5%
DIIs
0.5%
Public
27.0%

Since Mar 2025

  • DIIs +0.54 pp
  • FIIs −0.39 pp
  • Public −0.18 pp

How it drifted, 8 quarters

Over this window the public went from 22.5% to 27.0% — +4.5 pp.

Mar '23Sep '24Mar '26

Ownership split by quarter, oldest first. Mar '23: Promoters 72.4%, FIIs 0.7%, DIIs 4.4%, Public 22.5%.Sep '23: Promoters 72.4%, DIIs 3.4%, Public 24.3%.Mar '24: Promoters 72.4%, DIIs 2.9%, Public 24.7%.Sep '24: Promoters 72.4%, DIIs 0.1%, Public 27.5%.Mar '25: Promoters 72.4%, FIIs 0.4%, Public 27.2%.Sep '25: Promoters 72.4%, Public 27.6%.Nov '25: Promoters 72.4%, Public 27.6%.Mar '26: Promoters 72.5%, DIIs 0.5%, Public 27.0%.

Who was buying across the market this quarter →

Who bought this quarter

since Nov 2025

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Mar 2026 filing

Every holder of Sealmatic India above SEBI's 1% disclosure line, and what changed since Nov 2025.

HolderStakeChange
Mohamed Hanif Sharifbhai Chaudhari 11.34%unchanged
Sadik Hussen Chaudari 11.34%unchanged
Abidali Sharif Chaudhari 11.34%unchanged
Saleha Ismail Balwa 7.03%unchanged
Hussein Abdulkarim Balwa 6.89%unchanged
Rafiq Hussein Balwa 5.89%unchanged
Ismail Abdul Karim Balwa 5.76%unchanged
Balwa Umar Abdul Karim 4.53%unchanged
Sania Umar Balwa 3.21%unchanged
Neha Umar Balwa 3.21%unchanged
Waheeda Umar Balwa 1.92%unchanged
Jahirabanu Pathan 0.00%newly disclosed

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth the price implies
10.1% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹370.3

Change the assumptions yourself →

All earnings calls (3)

Read the Q4 FY26 call →

Learn to analyse Sealmatic India

Guides on how to read this kind of business and the numbers that matter.