Salasar Techno Engineering Ltd
Incorporated in 2006, Salasar Techno
Engineering Ltd manufactures and sells Galvanized Steel Structure, and executes
EPC projects.[1]
- Market Cap ₹ 1,122 Cr.
- Current Price ₹ 6.42
- High / Low ₹ 11.5 / 5.59
- Stock P/E 65.2
- Book Value ₹ 4.77
- Dividend Yield 0.00 %
- ROCE 8.13 %
- ROE 2.13 %
- Face Value ₹ 1.00
Pros
- Company's working capital requirements have reduced from 60.2 days to 39.4 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 5.15% over last 3 years.
- Company has high debtors of 157 days.
- Promoter holding has decreased over last 3 years: -15.8%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 330 | 310 | 384 | 495 | 655 | 526 | 597 | 719 | 1,005 | 1,208 | 1,447 | 1,503 | |
| 302 | 281 | 346 | 441 | 582 | 474 | 540 | 650 | 913 | 1,086 | 1,330 | 1,390 | |
| Operating Profit | 28 | 29 | 39 | 54 | 73 | 52 | 57 | 69 | 92 | 122 | 117 | 112 |
| OPM % | 8% | 9% | 10% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 8% | 7% |
| -2 | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | -6 | 9 | |
| Interest | 10 | 9 | 7 | 8 | 16 | 21 | 18 | 22 | 32 | 44 | 52 | 56 |
| Depreciation | 6 | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 19 | 26 |
| Profit before tax | 10 | 17 | 29 | 43 | 53 | 28 | 44 | 42 | 54 | 72 | 40 | 40 |
| Tax % | 38% | 36% | 35% | 31% | 38% | 20% | 32% | 26% | 26% | 26% | 52% | 56% |
| 6 | 11 | 19 | 30 | 33 | 22 | 30 | 31 | 40 | 53 | 19 | 18 | |
| EPS in Rs | 0.13 | 0.22 | 0.19 | 0.22 | 0.25 | 0.17 | 0.21 | 0.22 | 0.25 | 0.34 | 0.11 | 0.10 |
| Dividend Payout % | 0% | 0% | 0% | 4% | 10% | 12% | 5% | 9% | 8% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 20% |
| 3 Years: | 14% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -10% |
| 3 Years: | -25% |
| TTM: | -32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | -12% |
| 1 Year: | -26% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 59 | 70 | 87 | 146 | 176 | 194 | 238 | 253 | 369 | 292 | 613 | 659 |
| 75 | 59 | 69 | 109 | 151 | 165 | 198 | 249 | 273 | 350 | 317 | 422 | |
| 48 | 42 | 90 | 100 | 132 | 82 | 102 | 152 | 240 | 351 | 622 | 898 | |
| Total Liabilities | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 | 2,154 |
| 54 | 55 | 62 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 394 | 437 | |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 2 | 8 |
| Investments | 0 | 2 | 1 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 0 | 0 |
| 133 | 119 | 193 | 295 | 393 | 361 | 430 | 551 | 721 | 912 | 1,330 | 1,709 | |
| Total Assets | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 | 2,154 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 22 | 30 | 12 | -43 | -12 | 31 | -7 | 1 | -0 | 52 | -5 | 161 | |
| -7 | -6 | -18 | -16 | -14 | -22 | -24 | -27 | -70 | -80 | 10 | -228 | |
| -16 | -24 | 5 | 65 | 22 | -11 | 30 | 26 | 70 | 30 | -3 | 66 | |
| Net Cash Flow | -1 | -0 | -0 | 6 | -4 | -1 | -0 | -0 | 0 | 2 | 1 | -2 |
| Free Cash Flow | 17 | 25 | 2 | -58 | -21 | 12 | -34 | -24 | -69 | -4 | 3 | 85 |
| CFO/OP | 94% | 123% | 58% | -52% | 9% | 74% | 9% | 18% | 15% | 57% | 11% | 158% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 63 | 71 | 76 | 112 | 121 | 148 | 147 | 149 | 120 | 98 | 117 | 157 |
| Inventory Days | 88 | 78 | 104 | 97 | 95 | 100 | 123 | 122 | 186 | 163 | 129 | |
| Days Payable | 33 | 27 | 52 | 35 | 47 | 23 | 32 | 41 | 51 | 49 | 49 | |
| Cash Conversion Cycle | 118 | 122 | 128 | 174 | 169 | 226 | 238 | 230 | 254 | 211 | 198 | 157 |
| Working Capital Days | 94 | 37 | 40 | 61 | 62 | 71 | 90 | 80 | 79 | 60 | 81 | 39 |
| ROCE % | 16% | 19% | 24% | 24% | 23% | 14% | 15% | 13% | 14% | 16% | 11% | 8% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Actual Production Volume MT ・Standalone data |
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| Installed Capacity - Galvanization/Tower Manufacturing MTPA ・Standalone data |
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| Order Book Size Rs. Mn |
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| Working Capital Days Days |
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| Capacity Utilization (Galvanization) % ・Standalone data |
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| Telecom Towers Supplied (Cumulative) Number |
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| Power Transmission Lines Laid Kilometers |
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| Railway Track Laid Kilometers |
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Extracted by Screener AI
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 2d
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Shareholder Meeting / Postal Ballot-Outcome of Court Convened Meeting
6 Jun - NCLT-convened shareholder, secured and unsecured creditor meetings held June 5, 2026 for Hill View amalgamation.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Copy of newspaper publication for Audited Financial results for quarter & year ended 31.03.2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report filed for FY2026; minor delays attracted fines of Rs.21,240, Rs.4,720, Rs.11,800 and Rs.5,900.
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - M/s Alok Mittal & Associates appointed internal auditor for FY 2026-27 on May 29, 2026.
Annual reports
Concalls
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Feb 2025TranscriptAI SummaryPPT
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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.