Salasar Techno Engineering Ltd
Incorporated in 2006, Salasar Techno
Engineering Ltd manufactures and sells Galvanized Steel Structure, and executes
EPC projects.[1]
- Market Cap ₹ 1,042 Cr.
- Current Price ₹ 5.96
- High / Low ₹ 11.5 / 5.59
- Stock P/E 60.5
- 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.
- Promoter holding has decreased over last quarter: -2.74%
- Company has a low return on equity of 5.15% over last 3 years.
- Contingent liabilities of Rs.331 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
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: | -2% |
| 3 Years: | -17% |
| 1 Year: | -20% |
| 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 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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| Installed Manufacturing Capacity MTPA |
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| Manufacturing Share of Revenue % |
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| Sales / Dispatch Volumes MT |
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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
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Jul
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Jul - Copy of newspaper publication regarding the notice of convening of Fresh (de novo) meeting of Equity shareholders of the Company under the NCLT supervision.
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Notice For Convening The Fresh (De Novo) Meeting Of The Equity Shareholders Of The Company In The Matter Of The Scheme Of Amalgamation Under The NCLT Supervision On August 08, 2026, Cut-Off Date & E-Voting Facility
4 Jul - Fresh shareholder meeting on August 8, 2026 for Hill View Infrabuild amalgamation; remote e-voting August 4-7.
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Closure of Trading Window
30 Jun - Trading window closed from July 1, 2026 until 48 hours after Q1 FY26 results.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 9 Jun
Annual reports
Concalls
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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.