Salasar Techno Engineering Ltd
Incorporated in 2006, Salasar Techno
Engineering Ltd manufactures and sells Galvanized Steel Structure, and executes
EPC projects.[1]
- Market Cap ₹ 706 Cr.
- Current Price ₹ 4.04
- High / Low ₹ 11.5 / 3.80
- Stock P/E 17.4
- Book Value ₹ 4.57
- Dividend Yield 0.00 %
- ROCE 10.1 %
- ROE 5.82 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.88 times its book value
- Company's working capital requirements have reduced from 47.9 days to 31.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -2.73%
- Company has a low return on equity of 8.20% over last 3 years.
- Contingent liabilities of Rs.259 Cr.
- Company has high debtors of 157 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 276 | 276 | 373 | 495 | 654 | 526 | 583 | 691 | 1,000 | 1,197 | 1,413 | 1,459 | 1,457 | |
| 257 | 253 | 341 | 441 | 581 | 474 | 527 | 623 | 909 | 1,077 | 1,286 | 1,337 | 1,340 | |
| Operating Profit | 19 | 23 | 32 | 54 | 73 | 51 | 56 | 68 | 91 | 120 | 127 | 122 | 117 |
| OPM % | 7% | 8% | 9% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 9% | 8% | 8% |
| -2 | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | 5 | 6 | 8 | |
| Interest | 6 | 6 | 6 | 8 | 16 | 21 | 18 | 21 | 31 | 44 | 50 | 54 | 55 |
| Depreciation | 2 | 1 | 1 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 12 | 14 | 18 |
| Profit before tax | 9 | 16 | 26 | 43 | 53 | 28 | 43 | 43 | 54 | 69 | 69 | 60 | 52 |
| Tax % | 47% | 37% | 36% | 31% | 38% | 20% | 32% | 25% | 25% | 26% | 27% | 26% | |
| 5 | 10 | 17 | 30 | 33 | 22 | 29 | 32 | 40 | 51 | 51 | 45 | 40 | |
| EPS in Rs | 0.09 | 0.20 | 0.17 | 0.22 | 0.25 | 0.17 | 0.21 | 0.22 | 0.25 | 0.33 | 0.29 | 0.26 | 0.24 |
| Dividend Payout % | 0% | 0% | 0% | 4% | 10% | 12% | 5% | 9% | 8% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 20% |
| 3 Years: | 13% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | -19% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -26% |
| 1 Year: | -55% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 9% |
| 3 Years: | 8% |
| Last Year: | 6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 10 | 13 | 13 | 13 | 14 | 29 | 32 | 158 | 173 | 175 |
| Reserves | 57 | 68 | 82 | 146 | 176 | 193 | 237 | 253 | 368 | 290 | 559 | 624 |
| 47 | 44 | 54 | 109 | 151 | 165 | 195 | 243 | 272 | 350 | 317 | 412 | |
| 36 | 37 | 84 | 100 | 132 | 82 | 96 | 148 | 239 | 339 | 560 | 855 | |
| Total Liabilities | 146 | 154 | 229 | 368 | 472 | 453 | 543 | 673 | 911 | 1,137 | 1,609 | 2,067 |
| 24 | 24 | 27 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 217 | 271 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 2 | 8 |
| Investments | 18 | 20 | 19 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 179 | 179 |
| 104 | 110 | 183 | 295 | 392 | 360 | 420 | 541 | 717 | 897 | 1,211 | 1,609 | |
| Total Assets | 146 | 154 | 229 | 368 | 472 | 453 | 543 | 673 | 911 | 1,137 | 1,609 | 2,067 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 11 | 6 | -43 | -12 | 31 | -4 | 2 | -4 | 47 | 4 | 12 | |
| -0 | -3 | -12 | -16 | -14 | -22 | -23 | -27 | -71 | -78 | -155 | -69 | |
| -12 | -8 | 5 | 65 | 22 | -11 | 27 | 25 | 75 | 31 | 150 | 58 | |
| Net Cash Flow | -1 | -0 | -0 | 6 | -4 | -1 | -0 | -0 | 0 | 0 | -0 | 1 |
| Free Cash Flow | 7 | 10 | 2 | -58 | -21 | 12 | -31 | -24 | -73 | -9 | 12 | -63 |
| CFO/OP | 80% | 74% | 50% | -52% | 9% | 74% | 13% | 19% | 11% | 53% | 17% | 22% |
Ratios
Standalone / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 52 | 75 | 76 | 112 | 121 | 150 | 147 | 153 | 119 | 96 | 111 | 157 |
| Inventory Days | 84 | 82 | 95 | 97 | 95 | 100 | 124 | 125 | 186 | 165 | 132 | 197 |
| Days Payable | 29 | 30 | 51 | 35 | 47 | 23 | 29 | 41 | 51 | 46 | 43 | 72 |
| Cash Conversion Cycle | 106 | 127 | 120 | 174 | 169 | 227 | 242 | 237 | 255 | 215 | 200 | 281 |
| Working Capital Days | -6 | 42 | 47 | 61 | 62 | 70 | 90 | 81 | 79 | 61 | 52 | 31 |
| ROCE % | 16% | 19% | 24% | 25% | 23% | 14% | 15% | 13% | 14% | 15% | 13% | 10% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cumulative Telecom Towers Supplied towers |
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| Cumulative Power Transmission Line Laid km |
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| Cumulative Railway Track Laid TKM |
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| Order Book Position Rs crore |
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| Capacity Utilization % |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Copy of newspaper publication relating to notice of Transfer of Unclaimed dividend & corresponding shares to the IEPF pertaining to Interim dividend for FY 2019-20.
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Announcement under Regulation 30 (LODR)-Credit Rating
- Infomerics reaffirmed Salasar’s bank ratings at A/A1, placing them on negative watch for ₹831.73 crore facilities.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Annual reports
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Annual Report 2026
from bse
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
from bse
Concalls
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Feb 2025PPT
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Nov 2024PPT
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Aug 2024PPT
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May 2024PPT
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Feb 2024PPT
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Nov 2023PPT
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Aug 2023Transcript PPT
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May 2023PPT
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May 2023PPT
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Feb 2023PPT
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Nov 2022PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Jun 2021Transcript PPT
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Feb 2021PPT
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Nov 2020PPT
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Aug 2020PPT
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Jun 2020PPT
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Feb 2020PPT
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Nov 2019PPT
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Aug 2019PPT
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Jun 2019Transcript PPT
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Feb 2019Transcript PPT
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Nov 2018Transcript PPT
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Nov 2018PPT
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Aug 2018Transcript PPT
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May 2018PPT
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Feb 2018PPT
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Nov 2017Transcript PPT
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Sep 2017Transcript PPT
Business Overview:[1]
STEL is a full-spectrum EPC (Engineering, Procurement, and Construction) service provider, involved in manufacturing and selling a wide range of infrastructure products, including galvanized steel structures for telecom and transmission towers, utility poles, railway over bridges, overhead electrification structures, and stadium lighting systems.