Spray Engineering Devices Limited

Spray Engineering Devices Limited (SEDL) is a renowned engineering firm that specializes in designing and manufacturing cutting-edge equipment and systems for the sugar and process industries. Headquartered in India, SEDL has established itself as a leader in providing sustainable solutions that enhance efficiency and productivity. 

  • Book Value

    ₹ 31.39

  • EPS

    ₹ 23.19

  • ISIN

    INE528I01015

  • Face Value

    ₹ 10

(in Rs. Crore)FY24FY23
I Revenue from operations 5468.423919.45
II Other income 9.2621.13
III Total Income (I+II) 5477.683940.58
IV Expenses
Cost of Material Consumed 3405.822545.61
Purchase of stock in trade --
(Increase)/Decrease in inventories of finished goods, stock-in-trade and WIP 62-75.79
Employee benefit expense 464.32389.66
Finance Costs 98.8980.68
Depreciation and amortization expense 49.338.52
Other expenses 655.76496.85
Total Expenses (IV) 4736.093475.53
V Profit/(Loss) before exceptional items (III-IV) 741.59465.05
VI Exceptional items --
VII Profit/(Loss) before tax (V-VI) 741.59465.05
VIII Tax Expense
(1) Current Tax 150.9253.15
(2) Deferred Tax 60.6168.42
Taxation of earlier years --
Total Tax Expense 211.53121.57
IX Profit/(Loss) for the year from continuing operations (VII-VIII) 530.06343.48
X Other Comprehensive Income
A (i) Items that will not be reclassified to profit or loss -6.08-2.88
(ii) Income tax relating to items that will not be reclassified to profit or loss -1.77-0.84
B (i) Items that will be reclassified to profit or loss --
(ii) Income tax relating to items that will be reclassified to profit or loss --
Total Other comprehensive income(Loss) -7.85-3.72
XI Total comprehensive income (IX+X) (Comprising Profit/(Loss) and other comprehensive income for the year) 522.21339.76
XII Earnings per equity share of Rs. 10/- each
Basic (in Rs.) 23.1215.04
Diluted (in Rs.) 23.1215.04
(in Rs. Crore)

Shareholding Pattern

Vivek Verma

48.53%

Prateek Verma

21.68%

Klondike Investments Ltd.

11.25%

Mukul Mahavir Agrawal

3.19%

Resonance Opportunities Fund

1.38%

Minerva Ventures

1.11%

Others

12.86%

Total

100.00%

Spray Engineering Devices Limited

Spray Engineering Devices Limited (SEDL) is a renowned engineering firm that specializes in designing and manufacturing cutting-edge equipment and systems for the sugar and process industries. Headquartered in India, SEDL has established itself as a leader in providing sustainable solutions that enhance efficiency and productivity.

 

From manufacturing spray nozzles, the company has expanded its offerings to include modern designed equipment, project management consultancy, complete plant automation, EPC solutions, and turnkey projects. Their product portfolio includes energy-efficient evaporators, condensers, heat exchangers, and crystallizers, tailored to meet the unique needs of its clients. With three modern fabrication and automation units in Baddi, Himachal Pradesh, India, SEDL's products have been successfully commissioned in over 500 sugar factories in India and around 40 countries globally.

 

With a strong focus on research and development, SEDL continuously evolves its technologies to stay ahead in the industry. The company is committed to delivering high-quality, customized engineering solutions that minimize environmental impact and reduce operational costs. With over 90 innovative and design patents granted globally, SEDL's innovation index is a testament to its commitment to research and development. This dedication to excellence and customer satisfaction has earned SEDL a reputable position in the global market, serving clients across various sectors with reliable and cutting-edge engineering solutions

Board of Directors & Management

  • Mr. Vivek Verma

    Managing Director

  • Mr. Prateek Verma

    Whole-time Director

  • Mr. Shridhar Venkatesh

    Nominee Director

  • Mr. Tara Chand Meenia

    Independent Director

  • Ms. Arshdeep Kaur

    Independent Director

  • Ms. Niveta Sharma

    Independent Director

  • Mr. Jitendar Kumar

    Chief Financial Officer

Source: Company Annual Reports

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