Share price
₹1,526.6 latest close · +6.6% over the last 90 sessions
₹1,526.6 month-end · +58.9% over 12 months
₹1,526.6 month-end · +67.9% over 3 years
₹1,526.6 month-end · +426.2% since Jan '19
52-week range ₹771.75 to ₹1849.00 · 1-year volatility 37.5%
Was the rally earned?
Mostly yes, with a catch.
- Per-share earnings added 102 points, but investors now pay less per rupee of profit (P/E 21.2x to 15.1x), which took 43 points back.
- The share count barely moved.
Mostly yes, with a catch.
- Per-share earnings added 269 points, but investors now pay less per rupee of profit (P/E 70.0x to 15.1x), which took 201 points back.
- The share count fell 3%.
Mostly yes, with a catch.
- Per-share earnings added 118 points, but investors now pay less per rupee of profit (P/E 26.2x to 15.1x), which took 68 points back.
- The share count barely moved.
What do "pts" mean?
"pts" are percentage points of the share price return. The parts add up to the total shown for each period. Because price = P/E × net profit ÷ share count, higher profit pushes the price up, a higher P/E pushes it up, and more shares push it down.
Example: if the price rose 34% and profit growth accounts for +58 pts while a lower P/E accounts for -24 pts, then 58 - 24 = 34. The +58 is not the profit growth rate itself: it is the part of the price move that profit growth explains.
Net profit is trailing twelve months as reported with a 60-day lag.
How rough has the ride been?
Drawdown from peak
Largest drawdowns
-62.2% (2019-12 peak to 2020-03 low, recovered 2021-07)
-58.5% (2022-04 peak to 2023-02 low, recovered 2024-07)
-51.4% (2024-08 peak to 2025-08 low, recovered 2026-05)
Most recent volume spikes
2026-08-20: 12.9x the 50-day median, price +3.9% that day
2026-08-13: 6x the 50-day median, price +0.7% that day
2026-08-12: 14.2x the 50-day median, price -1.6% that day
Beta is the slope of daily returns against a market-cap-weighted index of the sector's other listed companies, built from today's constituents (so it excludes companies no longer listed).
Is it expensive against its own past and its peers?
Usual range 8.6x to 79.5x since 2019-01.
8% above the Industrial Services median.
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How to read this
Shaded band: 10th to 90th percentile of the company's own P/E history; dotted line: its median; orange line: sector median (companies with a positive multiple, at least 5 in the sector).
Sector figures are built from today's listed companies, so they exclude companies that are no longer listed.
Where does it rank among Industrial Services peers?
Each cell is the company's percentile rank among its Industrial Services peers (non-financial companies) that month.
Darker is better-ranked.
Rows marked ↓ are inverted (lower debt, shorter cash cycle and a lower P/E rank higher).
Where it ranks today
- ROCE67th▲ 46 pts vs a year ago
- Op. margin91stflat vs a year ago
- Revenue growth87th▲ 74 pts vs a year ago
- EPS growth93rd▲ 61 pts vs a year ago
- Debt/equity ↓62ndflat vs a year ago
- Cash cycle ↓43rd▼ 8 pts vs a year ago
- P/E ↓43rd▲ 6 pts vs a year ago
- 12M momentum94th▲ 44 pts vs a year ago
Rank history
Percentiles use today's listed companies in the sector and need at least 5 peers with a value; grey cells have too few.
ROE is computed from net profit and book value where the source does not report it.
The Industrial Services sector page Watch it move against Industrial Services in the Observatory
What is the price implying?
At a P/E of 33.7x, the price would imply about 21.4%/yr earnings growth for 10 years under the same assumptions, but it is not ranked.
Fewer than six years of annual earnings are available, which is too little to measure delivered growth.
“Implied growth” is what the current price would require under our stated assumptions, not what we expect.
What prices imply across Industrial Services The market-wide Expectations lists
Key figures
- Share Priceclose 9 Nov
- ₹1526.60
- P/E
- 15.1x
- ROCE
- 20.0%
- Market Cap
- ₹3881 cr
- Revenue (TTM)
- ₹1038 cr
- P/S
- 3.7x
- P/B
- 3.0x
- ROE
- 19.7%
- Operating Margin
- 42.0%
- Debt / Equity
- 0.3x
- Promoter Holding
- 72.7%
- 12M Momentum
- 58.9%
52-week range
Price risk
Balance sheet & cash
Are profits backed by cash?
Other income reliance17%Near threshold
Other income as a share of pre-tax profit (trailing twelve months): 16.9%. Bands: below 15%, 15% to 35%, above 35%.
Tax rate7%Near threshold
Median quarterly effective tax rate over about 2.5 years: 7.0%. Bands: 15% to 35%, 5% to 15% or 35% to 50%, outside 5% to 50%.
Cash conversion1.66xWithin range
Operating cash flow divided by net profit over the last three fiscal years: 1.66x (cash from operations ₹770 cr, net profit ₹463 cr). Bands: 0.8x and above, 0.5x to 0.8x, below 0.5x.
Free cash flow1 of 5 yrsBeyond threshold
Fiscal years with positive free cash flow in the last 5: 1. Bands: at least 80% of years, 40% to 80%, below 40%.
Receivable days vs history+31 daysNear threshold
Debtor days are above the median of the previous three fiscal years by 31 days (120 vs 89). Bands: under 15 days, 15 to 45, over 45.
Capital work in progress0% of fixed assetsWithin range
Capital work-in-progress is 0% of fixed assets. Bands: not rising or up to 30%; rising for three years and above 30%; rising and above 60%.
Payable days—Not enough data
Not enough reported data to compute this.
Tap a check to see how it is measured
How to read this
Each check is a named rule with fixed thresholds, not a score. Annual statements are the latest restated figures, so a past year may differ from what was originally reported.
Who has been buying and selling?
- Over 3 years, DIIs added 4.4 pts; FIIs added 3.3 pts; promoters added 0.7 pts.
- The number of shareholders rose from 14,112 to 18,049 (+28%) between Sep 2023 and Jun 2026.
Holdings, Jun '26
How each group changed
Number of shareholders
Quarterly shareholding as reported, labelled by the quarter it covers (it becomes visible about two months later).
Shareholder counts are only available for recent quarters.
What happened next to similar setups
- We found 50 past situations where a non-financial company looked like SEAMEC LIMITED today on valuation, return on capital, margins, debt, growth, price momentum, size and volatility.
- Over the following 12 months the middle half of them returned −21% to +35% vs the market, against −1% for all non-financial companies in the same months.
- The gap against the base rate (−3.0%, 80% range −8.2% to +5.7%) is within what chance and overlapping periods produce.
Where the 50 outcomes landed
Each dot is one past situation (hover or tap for details) · Solid dots are the closest matches, listed below · Shaded is the middle half of all companies in the same months · 3 beyond the range shown, drawn at the edge
50 past situations · 50 companies · 31 months · 2020–2025
The closest matches
| Company | When | P/E | ROCE | 12M mom. | Drawdown | Next 12 months |
|---|---|---|---|---|---|---|
| TAJGVK Consumer Services |
Jun 2023 | 16x | 22% | +76% | −3% | −2% |
| SJS Producer Manufacturing |
Jan 2025 | 29x | 22% | +64% | −24% | +59% |
| GRANULES Health Technology |
Jan 2020 | 16x | 15% | +60% | −9% | +94% |
| INFOBEAN Technology Services |
Aug 2020 | 14x | 18% | +102% | −15% | +96% |
| GREENPANEL Non-Energy Minerals |
Jun 2022 | 22x | 30% | +86% | −28% | −36% |
Show the other 3 matches
How reliable is this?
Matched on P/E, P/S, ROCE, operating margin, debt/equity, interest cover, revenue growth, 12-month momentum, drawdown from 12-month high, size and volatility. Closest on: interest cover, drawdown from 12-month high and ROCE. One match per company and at most 7 from any one month.
Independent periods: the matches fall in 6 distinct 12-month windows. Matches from nearby months share the same market conditions, so fewer windows means less evidence.
What else looks like this?
Companies with the most similar financial profile today, regardless of industry.
Similarity is statistical, based on reported metrics; it does not imply similar business quality or future returns.
What changed?
30 events since Jul '23
- AugPriceVolume reached 14.2x its 50-day median on 2026-08-12; price -1.6% that day.
- JunPeer rankMoved into the 2nd quartile of Industrial Services on ROCE (from the bottom quartile).
- JunDividendStarted paying a dividend (payout 2% of profit).
- MayPriceRegained the 2024-08 peak, 9 months after the low.
- MayPriceVolume reached 45.8x its 50-day median on 2026-05-19; price +4.7% that day.
- MarResultsYear-on-year EPS growth turned positive.
- MarPeer rankMoved into the top quartile of Industrial Services on operating margin (from the 3rd quartile).
- JanPriceVolume reached 6.1x its 50-day median on 2026-01-29; price +7.0% that day.
Show 22 earlier events
- DecPeer rankSlipped to the 3rd quartile of Industrial Services on operating margin (from the top quartile).
- NovPriceVolume reached 28.9x its 50-day median on 2025-11-11; price +5.4% that day.
- SepPeer rankMoved into the 3rd quartile of Industrial Services on EPS growth (from the bottom quartile).
- AugPriceFell 51% from the Aug 2024 peak to the Aug 2025 low.
- AugPriceVolume reached 15.5x its 50-day median on 2025-08-29; price +8.2% that day.
- JunResultsYear-on-year EPS growth turned negative.
- JunPeer rankSlipped to the bottom quartile of Industrial Services on ROCE (from the 3rd quartile).
- JunDividendDividend payout cut from 2% to 0% of profit.
- MayPriceVolume reached 19.1x its 50-day median on 2025-05-23; price +11.9% that day.
- MarPeer rankMoved into the top quartile of Industrial Services on operating margin (from the 2nd quartile).
- MarPriceVolume reached 12.6x its 50-day median on 2025-03-25; price +3.9% that day.
- DecPeer rankSlipped to the 2nd quartile of Industrial Services on operating margin (from the top quartile).
- JulPriceRegained the 2022-04 peak, 17 months after the low.
- JulPriceVolume reached 12.2x its 50-day median on 2024-07-11; price +8.0% that day.
- JunResultsYear-on-year EPS growth turned positive.
- JunInstitutionsFII + DII holding rose 5.9 pts over 2 quarters to 8.5%.
- JunPeer rankMoved into the 3rd quartile of Industrial Services on ROCE (from the bottom quartile).
- JunDividendStarted paying a dividend (payout 2% of profit).
- JunPriceVolume reached 18.7x its 50-day median on 2024-06-07; price +1.8% that day.
- NovPriceVolume reached 44.8x its 50-day median on 2023-11-07; price +12.3% that day.
- OctValuationP/E crossed above the 90th percentile of its own history to date (55.0x).
- JulPriceVolume reached 15.8x its 50-day median on 2023-07-06; price +3.6% that day.
Events are generated from the data by fixed rules.
The month shown is when the change became visible in the reported figures, assuming a 60-day lag after each quarter end; it is not an announcement date.
Where price and fundamentals disagree, market-wide Rewind the whole market to any month
Monthly history95 months · 2019-01 to 2026-11
| Month | P/E | Revenue (TTM) | ROE | ROCE | Debt / Equity |
|---|---|---|---|---|---|
| 2026-11 | 15.1x | ₹1038 cr | 19.7% | 20.0% | 0.3x |
| 2026-10 | 16.1x | ₹1038 cr | 19.9% | 20.0% | 0.3x |
| 2026-09 | 16.3x | ₹1038 cr | 19.9% | 20.0% | 0.3x |
| 2026-08 | 16.9x | ₹952 cr | 19.5% | 20.0% | 0.3x |
| 2026-07 | 14.8x | ₹952 cr | 19.5% | 20.0% | 0.3x |
| 2026-06 | 14.4x | ₹952 cr | 19.5% | 20.0% | 0.3x |
| 2026-05 | 21.5x | ₹825 cr | 19.0% | 9.0% | 0.2x |
| 2026-04 | 21.2x | ₹825 cr | 19.0% | 9.0% | 0.2x |
| 2026-03 | 18.8x | ₹825 cr | 19.0% | 9.0% | 0.2x |
| 2026-02 | 38.1x | ₹657 cr | 8.7% | 9.0% | 0.2x |
| 2026-01 | 36.8x | ₹657 cr | 8.7% | 9.0% | 0.2x |
| 2025-12 | 31.8x | ₹657 cr | 8.7% | 9.0% | 0.2x |
| 2025-11 | 21.2x | ₹648 cr | 11.3% | 9.0% | 0.2x |
| 2025-10 | 19.8x | ₹648 cr | 11.3% | 9.0% | 0.2x |
| 2025-09 | 20.2x | ₹648 cr | 11.3% | 9.0% | 0.2x |
| 2025-08 | 28.0x | ₹652 cr | 8.7% | 9.0% | 0.2x |
| 2025-07 | 22.6x | ₹652 cr | 8.7% | 9.0% | 0.2x |
| 2025-06 | 24.4x | ₹652 cr | 8.7% | 9.0% | 0.2x |
| 2025-05 | 23.7x | ₹688 cr | 11.0% | 12.0% | 0.4x |
| 2025-04 | 25.0x | ₹688 cr | 11.0% | 12.0% | 0.4x |
| 2025-03 | 25.0x | ₹688 cr | 11.0% | 12.0% | 0.4x |
| 2025-02 | 15.0x | ₹752 cr | 17.5% | 12.0% | 0.4x |
| 2025-01 | 16.7x | ₹752 cr | 17.5% | 12.0% | 0.4x |
| 2024-12 | 19.2x | ₹752 cr | 17.5% | 12.0% | 0.4x |
| 2024-11 | 22.8x | ₹748 cr | 15.9% | 12.0% | 0.4x |
| 2024-10 | 24.3x | ₹748 cr | 15.9% | 12.0% | 0.4x |
| 2024-09 | 25.0x | ₹748 cr | 15.9% | 12.0% | 0.4x |
| 2024-08 | 33.7x | ₹745 cr | 13.3% | 12.0% | 0.4x |
| 2024-07 | 33.7x | ₹745 cr | 13.3% | 12.0% | 0.4x |
| 2024-06 | 26.9x | ₹745 cr | 13.3% | 12.0% | 0.4x |
| 2024-05 | 78.0x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2024-04 | 83.5x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2024-03 | 83.9x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2024-02 | 85.0x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2024-01 | 88.1x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-12 | 80.6x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-11 | 70.0x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-10 | 55.0x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-09 | 48.8x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-08 | 49.1x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-07 | 56.5x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-06 | 51.3x | ₹437 cr | 4.3% | 3.0% | 0.2x |
| 2023-05 | 20.3x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2023-04 | 19.4x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2023-03 | 18.2x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2023-02 | 17.8x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2023-01 | 24.3x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-12 | 27.1x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-11 | 28.1x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-10 | 33.8x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-09 | 33.3x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-08 | 33.5x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-07 | 26.0x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-06 | 26.6x | ₹350 cr | 11.2% | 10.0% | 0.2x |
| 2022-05 | 27.2x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2022-04 | 27.9x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2022-03 | 34.5x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2022-02 | 27.0x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2022-01 | 27.5x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-12 | 29.1x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-11 | 26.2x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-10 | 30.0x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-09 | 30.4x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-08 | 19.7x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-07 | 15.6x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-06 | 12.6x | ₹257 cr | 15.0% | 7.0% | 0.1x |
| 2021-05 | 9.7x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2021-04 | 7.8x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2021-03 | 8.4x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2021-02 | 9.3x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2021-01 | 8.6x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-12 | 8.6x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-11 | 7.6x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-10 | 7.7x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-09 | 8.3x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-08 | 7.6x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-07 | 7.7x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-06 | 7.1x | ₹384 cr | 23.7% | 25.0% | 0.1x |
| 2020-05 | 9.6x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2020-04 | 10.0x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2020-03 | 8.4x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2020-02 | 11.9x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2020-01 | 13.7x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-12 | 14.5x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-11 | 16.0x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-10 | 11.7x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-09 | 12.0x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-08 | 10.1x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-07 | 12.9x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-06 | 15.0x | ₹314 cr | 19.1% | 21.0% | 0.2x |
| 2019-05 | 1171.8x | ₹194 cr | 0.3% | 1.0% | 0.0x |
| 2019-04 | 1141.2x | ₹194 cr | 0.3% | 1.0% | 0.0x |
| 2019-03 | 1097.8x | ₹194 cr | 0.3% | 1.0% | 0.0x |
| 2019-02 | 863.8x | ₹194 cr | 0.3% | 1.0% | 0.0x |
| 2019-01 | 743.8x | ₹194 cr | 0.3% | 1.0% | 0.0x |