SULABEN
Sulabh Engineers & Services financials
- Market cap
- ₹32 Cr
Quarterly results
Q1 FY27: revenue up 85.7%, net profit up 56.5% 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 | 2 | 1 | 1 | 1 | 1 −36% | 1 −13% | 1 +42% | 2 +86% |
| Net profit | 1 | 1 | 1 | 1 | 1 −28% | 1 +8% | -1 −159% | 1 +56% |
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 −26.5% 1Y
1Y: ₹3.4 on 9 Sept 2025 → ₹2.5. High ₹3.45 (18 Sept 2025), low ₹2.2 (2 Mar 2026).
Financials, as filed
Revenue grew 10.9% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹3 Cr | ₹5 Cr | ₹4 Cr |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹2 Cr | ₹3 Cr | ₹2 Cr |
| Net margin | 55.5% | 65.9% | 43.3% |
| Cash from operations | ₹-2 Cr | ₹-1 Cr | ₹2 Cr |
| Free cash flow | ₹-2 Cr | ₹-0 Cr | ₹2 Cr |
| ROE | 4.4% | 6.8% | 2.4% |
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 | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹19 Cr | ₹20 Cr | ₹22 Cr | ₹23 Cr | ₹27 Cr | ₹26 Cr |
| Borrowings | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹1 Cr | — | ₹0 Cr |
| Other liabilities | ₹9 Cr | ₹8 Cr | ₹8 Cr | ₹8 Cr | ₹10 Cr | ₹11 Cr |
| Total liabilities | ₹41 Cr | ₹42 Cr | ₹43 Cr | ₹43 Cr | ₹48 Cr | ₹47 Cr |
| Fixed assets | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr | ₹23 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹1 Cr | ₹3 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Other assets | ₹15 Cr | ₹17 Cr | ₹17 Cr | ₹11 Cr | ₹17 Cr | ₹15 Cr |
| Total assets | ₹41 Cr | ₹42 Cr | ₹43 Cr | ₹43 Cr | ₹48 Cr | ₹47 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 2% to 19,325.
- Promoters
- 25.6%
- Public
- 74.4%
Since Jun 2025
- Public +0.06 pp
- Government −0.05 pp
- DIIs −0.02 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 25.6%, Government 0.1%, Public 74.4%.Dec '23: Promoters 25.6%, Government 0.1%, Public 74.4%.Mar '24: Promoters 25.6%, Government 0.1%, Public 74.4%.Jun '24: Promoters 25.6%, Government 0.1%, Public 74.4%.Sep '24: Promoters 25.6%, Government 0.1%, Public 74.4%.Dec '24: Promoters 25.6%, DIIs 0.0%, Government 0.1%, Public 74.4%.Mar '25: Promoters 25.6%, DIIs 0.0%, Government 0.1%, Public 74.4%.Jun '25: Promoters 25.6%, DIIs 0.0%, Government 0.1%, Public 74.4%.Sep '25: Promoters 25.6%, Government 0.1%, Public 74.4%.Dec '25: Promoters 25.6%, Government 0.1%, Public 74.4%.Mar '26: Promoters 25.6%, Public 74.4%.Jun '26: Promoters 25.6%, Public 74.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Sulabh Engineers & Services Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Ruchi Agarwal | 5.79% | unchanged |
| Sandhya Agarwal | 5.35% | unchanged |
| Santosh Kumar Agarwal | 4.62% | unchanged |
| Som Prakash Goenka | 3.87% | unchanged |
| Surendra Kumar Gupta | 3.22% | unchanged |
| Krishana Agarwal | 3.16% | unchanged |
| Govind Mercantile Pvt.Ltd | 2.99% | unchanged |
| Rajni Gupta | 2.74% | unchanged |
| Madhu Rani Goenka | 2.74% | unchanged |
| Raj Kumar | 1.75% | unchanged |
| Manish Agarwal | 1.67% | unchanged |
| Spice Merchants Pvt. Ltd. | 1.44% | 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.
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