Quick Take
- • Trading at 11.1× trailing earnings
- • Strong ROE at 26.5%
- • Leveraged balance sheet (D/E 1.64)
- • No dividend data
- • Operating margin -11.8% · Net margin 12.7%
- • Profit growth — YoY · Beta —
Shareholding Pattern
About the company
From latest AR & concallSeemax Resources Limited rents and trades in material handling equipment (MHE) in India. The company offers customized MHE, manual hand pallet trucks, manual hand stackers, and semi electric stackers; diesel forklifts, LPG forklifts, electric forklifts, and warehousing equipment; and selective pallet racking systems, RF shuttle racking systems, cantilever racking systems, heavy duty shelving systems, mezzanine floor systems, carton or bin floq racking systems, double deep pallet racking systems, multi-tier shelving systems, shuttle systems, drive-in pallet racking systems, and metal pallets. It also provides annual and comprehensive maintenance contract, preventive servicing, and on-call technical support services. The company serves automotive, steel, glass, cement, textiles, engineering goods, warehousing and logistics, retail and e-commerce, ports and shipping, and construction and infrastructure industries, as well as aviation and railways. Seemax Resources Limited was incorporated in 2015 and is based in Vadodara, India.
