SEMAC
Semac Construction financials
- Market cap
- ₹87 Cr
- Sector
- Construction
Quarterly results
Q1 FY27: revenue down 41.0%, net profit down 63.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 33 | 46 | 73 | 52 | 57 +76% | 59 +28% | 75 +2% | 30 −41% |
| EBITDA | -1 | -1 | -1 | 1 | 1 +270% | 2 +231% | 4 +539% | 1 −43% |
| Net profit | -3 | -1 | 1 | 1 | 0 +103% | 2 +227% | 5 +512% | 0 −63% |
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 −48.6% 1Y
1Y: ₹530.75 on 10 Sept 2025 → ₹273.05. High ₹536 (17 Sept 2025), low ₹209.77 (12 Mar 2026).
Financials, as filed
Revenue grew 38.0% a year over 2 years, FY24 to FY26. Operating margin widened to 3.3%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹127 Cr | ₹173 Cr | ₹243 Cr |
| Operating profit | ₹-35 Cr | ₹-4 Cr | ₹8 Cr |
| Operating margin | -27.2% | -2.5% | 3.3% |
| Interest | ₹2 Cr | ₹6 Cr | ₹5 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹-32 Cr | ₹-6 Cr | ₹7 Cr |
| Net margin | -25.0% | -3.4% | 3.0% |
| Cash from operations | ₹-19 Cr | ₹-3 Cr | ₹24 Cr |
| Free cash flow | ₹-20 Cr | ₹-3 Cr | ₹24 Cr |
| ROCE | -28.0% | -2.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Reserves | ₹180 Cr | ₹92 Cr | ₹110 Cr | ₹76 Cr | ₹72 Cr | ₹79 Cr |
| Borrowings | ₹35 Cr | ₹1 Cr | ₹6 Cr | ₹19 Cr | ₹49 Cr | ₹28 Cr |
| Other liabilities | ₹93 Cr | ₹52 Cr | ₹94 Cr | ₹99 Cr | ₹97 Cr | ₹95 Cr |
| Total liabilities | ₹310 Cr | ₹147 Cr | ₹213 Cr | ₹197 Cr | ₹221 Cr | ₹205 Cr |
| Fixed assets | ₹70 Cr | ₹19 Cr | ₹23 Cr | ₹22 Cr | ₹20 Cr | ₹20 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹10 Cr | ₹16 Cr | ₹11 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹230 Cr | ₹112 Cr | ₹179 Cr | ₹173 Cr | ₹201 Cr | ₹185 Cr |
| Total assets | ₹310 Cr | ₹147 Cr | ₹213 Cr | ₹197 Cr | ₹221 Cr | ₹205 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 Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 5,454.
- Promoters
- 62.9%
- FIIs
- 0.0%
- Public
- 37.1%
Since Jun 2025
- Public +0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters fell from 72.6% to 62.9% — −9.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 72.6%, FIIs 0.0%, Public 27.3%.Dec '23: Promoters 72.6%, FIIs 0.0%, Public 27.3%.Mar '24: Promoters 72.6%, FIIs 0.0%, Public 27.3%.Jun '24: Promoters 63.9%, FIIs 0.0%, Government 0.0%, Public 36.1%.Sep '24: Promoters 62.8%, FIIs 0.0%, Public 37.1%.Dec '24: Promoters 62.8%, FIIs 0.0%, Public 37.1%.Mar '25: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Jun '25: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Sep '25: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Dec '25: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Mar '26: Promoters 62.9%, FIIs 0.0%, Public 37.1%.Jun '26: Promoters 62.9%, FIIs 0.0%, Public 37.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Semac Construction Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ajai Hari Dalmia Trust | 45.68% | unchanged |
| Radha Madhav Trust | 13.47% | unchanged |
| Hilltop Metals Ltd | 3.66% | unchanged |
| Rhea Dipak Shah | 1.23% | unchanged |
| Neka Dipak Shah | 1.22% | unchanged |
| Dipak Kanayalal Shah | 1.03% | unchanged |
| Harivansh Dalmia | 0.04% | unchanged |
| Priyamvada Dalmia | 0.00% | unchanged |
| Semac Construction Technologies India Private Limited | 0.00% | unchanged |
| Avalokiteshwar Valinv Limited | 0.00% | unchanged |
| Deepali Dalmia | 0.00% | unchanged |
| Yashohari Dalmia | 0.00% | unchanged |
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.
Learn to analyse Semac Construction Limited
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