Analysis of Selan Exploration Technology

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Note: Mismatch in Operating Profit
While studying this particular company you are advised not to rely on the financials given in most online databases such as (Screener, Moneycontrol etc.).
Online databases are usually a great, free resource, however, their standardized template sometimes fails for certain niche industries.
For this company, viewers are requested to rely on the official numbers given in the Annual Report and the quarterly filings made with BSE and NSE.
There is a mismatch in the Operating Profit because the online databases fail to make an adjustment for “Development of Hydrocarbon properties amortised”.
Viewers are requested to read the ‘Notes to Accounts’ for a better understanding of this.

Write to me in case of any additional queries. I would love to hear from you.

[hershtolani]

Note: Mismatch in Operating Profit
While studying this particular company you are advised not to rely on the financials given in most online databases such as (Screener, Moneycontrol etc.).
Online databases are usually a great, free resource, however, their standardized template sometimes fails for certain niche industries.

There is a mismatch in the Operating Profit because the online databases fail to make an adjustment for “Development of Hydrocarbon properties amortised”.
For this company, viewers are requested to rely on the official numbers given in the Annual Report and the quarterly filings made with BSE and NSE.
Viewers are requested to read the ‘Notes to Accounts’ for a better understanding of this.

[swetshah]

Why no new video!? Waiting for your recommendation

[dhavalnakrani]

Great video sir, request you to start a series on financial statements analysis if possible.

[anandwealth]

Why promoter holding so low ? Recently insider sold the stocks in open market.

[bupual]

with e-vehicles on the big dreams track will ths be still a good option?

[pavanladdad]

Just wondering why do you need to make a video from 3-4 different angles?