Salasar Techno Engineering Ltd
Established in 2006 as a tower manufacturer, Salasar Engineering Limited, has emerged as a fast-growing Steel structure manufacturer & EPC infrastructure company, providing services across telecom, energy and railways sector. [1]
- Market Cap ₹ 1,533 Cr.
- Current Price ₹ 8.88
- High / Low ₹ 23.3 / 7.55
- Stock P/E 65.5
- Book Value ₹ 4.55
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 3.79 %
- Face Value ₹ 1.00
Pros
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: -2.45%
- Company has a low return on equity of 8.45% over last 3 years.
- Dividend payout has been low at 2.62% of profits over last 3 years
* 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 SmallCap BSE Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
292 | 330 | 310 | 384 | 495 | 655 | 526 | 597 | 719 | 1,005 | 1,208 | 1,447 | |
269 | 302 | 281 | 346 | 441 | 582 | 474 | 540 | 650 | 913 | 1,086 | 1,335 | |
Operating Profit | 23 | 28 | 29 | 39 | 54 | 73 | 52 | 57 | 69 | 92 | 122 | 113 |
OPM % | 8% | 8% | 9% | 10% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 8% |
0 | -2 | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | -2 | |
Interest | 11 | 10 | 9 | 7 | 8 | 16 | 21 | 18 | 22 | 32 | 44 | 52 |
Depreciation | 2 | 6 | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 19 |
Profit before tax | 10 | 10 | 17 | 29 | 43 | 53 | 28 | 44 | 42 | 54 | 72 | 40 |
Tax % | 41% | 38% | 36% | 35% | 31% | 38% | 20% | 32% | 26% | 26% | 26% | 52% |
6 | 6 | 11 | 19 | 30 | 33 | 22 | 30 | 31 | 40 | 53 | 19 | |
EPS in Rs | 0.12 | 0.13 | 0.22 | 0.19 | 0.22 | 0.25 | 0.17 | 0.21 | 0.22 | 0.25 | 0.34 | 0.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 4% | 10% | 12% | 5% | 9% | 8% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 22% |
3 Years: | 26% |
TTM: | 20% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 1% |
3 Years: | -9% |
TTM: | -56% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 52% |
3 Years: | 20% |
1 Year: | -56% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 9% |
3 Years: | 8% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 10 | 13 | 13 | 13 | 14 | 29 | 32 | 158 | 173 |
Reserves | 52 | 59 | 70 | 87 | 146 | 176 | 194 | 238 | 253 | 369 | 292 | 613 |
84 | 75 | 59 | 69 | 109 | 151 | 165 | 198 | 249 | 273 | 350 | 317 | |
66 | 48 | 42 | 90 | 100 | 132 | 82 | 102 | 152 | 240 | 351 | 622 | |
Total Liabilities | 206 | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 |
54 | 54 | 55 | 62 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 394 | |
CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 2 |
Investments | 0 | 0 | 2 | 1 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 0 |
152 | 133 | 119 | 193 | 295 | 393 | 361 | 430 | 551 | 721 | 912 | 1,330 | |
Total Assets | 206 | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
14 | 22 | 30 | 12 | -43 | -12 | 31 | -7 | 1 | -0 | 52 | -5 | |
-18 | -7 | -6 | -18 | -16 | -14 | -22 | -24 | -27 | -70 | -80 | 10 | |
5 | -16 | -24 | 5 | 65 | 22 | -11 | 30 | 26 | 70 | 30 | -3 | |
Net Cash Flow | 2 | -1 | -0 | -0 | 6 | -4 | -1 | -0 | -0 | 0 | 2 | 1 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 88 | 63 | 71 | 76 | 112 | 121 | 148 | 147 | 149 | 120 | 98 | 117 |
Inventory Days | 103 | 88 | 78 | 104 | 97 | 95 | 100 | 123 | 122 | 186 | 163 | |
Days Payable | 66 | 33 | 27 | 52 | 35 | 47 | 23 | 32 | 41 | 51 | 49 | |
Cash Conversion Cycle | 125 | 118 | 122 | 128 | 174 | 169 | 226 | 238 | 230 | 254 | 211 | 117 |
Working Capital Days | 106 | 94 | 89 | 98 | 138 | 143 | 181 | 191 | 185 | 163 | 153 | 155 |
ROCE % | 16% | 16% | 19% | 24% | 24% | 23% | 14% | 15% | 13% | 14% | 16% | 11% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
2m - Revised Annual Secretarial Compliance Report for the FY ended 31.03.2025.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY 2024-25 with minor filing delays and fines paid.
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Announcement under Regulation 30 (LODR)-Change in Management
30 May - Appointed M/s Alok Mittal & Associates as internal auditor for FY 2025-26.
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Board Meeting Outcome for Outcome Of Board Meeting Held On May 30, 2025- Standalone & Consolidated Audited Financial Results For Quarter & Year Ended 31.03.2025
30 May - Salasar Techno Engineering reports audited FY25 standalone and consolidated results; acquisition of EMC Ltd included.
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Board Meeting Intimation for For Consideration & Approval Of Standalone & Consolidated Audited Financial Results For The Quarter And Year Ended March 31, 2025.
23 May - Board meeting on May 30 to approve FY25 audited financial results; trading window closed till 48 hours post results.
Annual reports
Concalls
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Feb 2025TranscriptNotesPPT
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Nov 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Jun 2019Transcript PPT
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Nov 2018Transcript PPT
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Nov 2018TranscriptNotesPPT
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Aug 2018Transcript PPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Sep 2017Transcript PPT
Business Segments