Sedemac Mechatronics Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Sedemac Mechatronics Ltd trades at ₹3,153, in a confirmed uptrend and 19 weeks into that stage. That is +52.2% against its own 200-day average. It sits at 100% of a 52-week range of ₹1,654 to ₹3,153. On relative strength it has been ahead of the NIFTY 500 on a trailing-13-week view for 10 straight weeks.

Today the stock is in a confirmed uptrend — week 19 of stage 2, confirmed. At ₹3,153 it trades +52.2% versus its 200-day average and sits at 100% of its 52-week range (₹1,654–₹3,153).

Against the market, two honest reads. Cumulative: over the last 4 months the stock moved +91% while the NIFTY 500 moved +3% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 10 straight weeks — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Sedemac Mechatronics Ltd trades at 116.0× P/E, at the pricey end of its own range (74th percentile). Its long-run median P/E is 96.5×, measured across 0.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 116.0× is at the pricey end of its own range (74th percentile), against a long-run median of 96.5× measured over 0.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Put together: the multiple is full against its own past, so the story rests on the earnings line underneath it, not the multiple.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Sedemac Mechatronics Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 4 quarters across 1 curve, on partial evidence.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.

Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

4-Factor Sector Score

60.1/100 — rank 1 of 1 in Electronics - Power Devices/Equipment · 35% evidence confidence · provisional, ranked below fully-evidenced peers

Sedemac Mechatronics Ltd scores 60.1 out of 100 against the 1 companies it is compared with in Electronics - Power Devices/Equipment, ranking 1. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

The four contributions add to the total exactly: 19.8 + 20.3 + 10 + 10 = 60.1. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.

What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Sedemac Mechatronics Ltd reported ₹310 Cr of revenue in the Jun 26 quarter, +42.9% year on year. That is the 2nd straight quarter of year-on-year growth. Over 5 years it has compounded at 34.5% a year. The last full year, FY26, came in at ₹1,058 Cr. The last four reported quarters add to ₹1,082 Cr.

FY26 revenue came in at ₹1,058 Cr (+60.8% on the year), capping 5 years at 34.5% compound. The latest quarter (Jun 26) printed ₹310 Cr, +42.9% year on year — the 2nd consecutive quarter of year-over-year growth.

Pace check: the last four quarters averaged +51.5% growth against the decade's 34.5% — the current year is running faster than its own long-run rate.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

Sedemac Mechatronics Ltd's operating margin is 19.0% in the Jun 26 quarter, −1.0 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across the last four quarters the operating margin has moved +3.0 percentage points. Across 6 fiscal years the operating margin has ranged 10.0% to 20.0%.

The latest quarter's operating margin is 19.0%, −1.0 pp against the same quarter a year ago. Across 6 fiscal years the operating margin has ranged 10.0%–20.0%, and FY26's 20.0% is the top of that band — a record year.

Why the margin moved: operating margin went +3.4 pp year on year while gross margin went −2.2 pp — the gain came mostly from the gross line: input costs and pricing.

Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Sedemac Mechatronics Ltd earned ₹33.0 Cr of net profit in the Jun 26 quarter, +94.1% year on year. It is the 2nd consecutive quarter of growth. Full-year FY26 profit was ₹104 Cr. The 5-year compound rate is 71.5%. That is 10.6% of the quarter's revenue. The same quarter a year earlier earned ₹9.0 Cr.

Jun 26 profit was ₹33.0 Cr, +94.1% year on year — the 2nd consecutive quarter of growth. On the full year, FY26 printed ₹104 Cr (+121.3%), and the 5-year compound rate is 71.5%.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 178% of Sedemac Mechatronics Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹128 Cr of operating cash against ₹104 Cr of profit. After ₹157 Cr of capital spending, ₹−29.0 Cr was left as free cash.

FY26: operating cash of ₹128 Cr against reported profit of ₹104 Cr, leaving free cash of ₹−29.0 Cr after ₹157 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 178% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Why conversion sits at 178%: the cash cycle tightened 32 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.

Router verdict: the bigger cash user is investment — capital spending ran 2.1× depreciation over three years, so the next section's job is to check what that build-out is buying.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Sedemac Mechatronics Ltd's cash conversion cycle runs 25 days in FY26, down from 57 days in FY21. Capital spending ran ₹308 Cr over the last 3 years. At FY26 sales of ₹1,058 Cr each day of that cycle holds about ₹2.9 Cr, so roughly ₹72.0 Cr sits inside the business at any moment.

FY26: debtors at 46 days, inventory at 106 days — roughly 3.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 25 days, tighter than FY21's 57.

The full loop: cash goes out to suppliers and production on day 0; stock waits 106 days to sell; customers pay about 46 days after that; and suppliers themselves are paid at 128 days — netting out to the 25-day cycle.

In money terms: at FY26 sales of ₹1,058 Cr, each day of the cycle holds about ₹2.9 Cr — so the 25-day loop keeps roughly ₹72.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹308 Cr over the last 3 fiscal years against ₹144 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹20.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Sedemac Mechatronics Ltd earns a ROCE of 36% in FY26. That is up from a trough of 6% in FY22. Return on invested capital clears the cost of that capital by +15.0 percentage points, so growth here adds value rather than only size. The wiring behind it is 9.8% net margin on 1.30× asset turns.

FY26 ROCE is 36%, recovered from a FY22 trough of 6% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 9.8% net margin × 1.30× asset turns × 1.81× balance-sheet leverage ≈ 23.1% on equity. Margin does its share; leverage is a meaningful part of the equation.

The capstone test — ROIC − WACC: 27.0% − 12.0% = a +15.0 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Sedemac Mechatronics Ltd carries ₹72.0 Cr of borrowings against ₹449 Cr of equity in FY26, a debt-to-equity of 0.16. Operating profit covers the interest bill 24×. Over 5 years borrowings went from ₹47.0 Cr to ₹72.0 Cr. Capital spending ran ₹308 Cr across the last 3 of those years.

FY26: borrowings of ₹72.0 Cr against equity of ₹449 Cr — a debt-to-equity of 0.16. Operating profit covers the interest bill 24×. Over 5 years borrowings went from ₹47.0 Cr to ₹72.0 Cr while capital spending ran ₹308 Cr in just the last 3 — part of the build-out is riding on borrowed money.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Sedemac Mechatronics Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — .

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Sedemac Mechatronics Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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