San Engineering and Locomotive Company unlisted share price

Price history

About

San Engineering and Locomotive Company Limited (SEL) was incorporated in 1973 and has its registered office and factory at Whitefield Road, Bengaluru. The company manufactures diesel hydraulic and diesel electric locomotives, gear boxes, gears, cardan shafts, power packs and fibre glass parts. All of this is meant for railway applications. In FY26 the company reported standalone revenue from operations of ₹2,929.08 million, up from ₹2,626.41 million in FY25. Profit for the year was ₹189.35 million. The year before it was ₹483.87 million, but that figure included a ₹250.50 million exceptional gain on the sale of property, plant and equipment. The company reports a single segment, and almost all revenue comes from India, with a small export amount in FY26. The annual report lists new products such as a Track Recording Car and an OHE Recording Car for Indian Railways, which were awaiting trials, and several developments under way, including a locomotive modernisation design and a twin power pack diesel electric locomotive. The figures here are standalone, since the company also holds subsidiaries, SAN Rolling Stock Services and SAN Motors, at cost. The company is closely held by its promoters. Milind S Thakker holds 45.02% and Anjana M Thakker 6.71%. Sonmil Engineering Pvt Ltd holds 34.43% and Importex International Pvt Ltd 9.33%. Together they hold 95.49% of the 4,450,000 equity shares. The board recommended a final dividend of ₹10 per share for FY26. The company has not filed for an IPO as per our records. Its shares trade off-market through unlisted share dealers. The indicative price on IPO Guru is ₹850 per share with a lot size of 50 shares, which implies a market cap of about ₹378.25 crore. Such prices are indicative only, as there is no exchange to set them.