Salasar Techno Engineering Ltd
Incorporated in 2006, Salasar Techno
Engineering Ltd manufactures and sells Galvanized Steel Structure, and executes
EPC projects.[1]
- Market Cap ₹ 1,302 Cr.
- Current Price ₹ 7.45
- High / Low ₹ 11.5 / 5.59
- Stock P/E 62.6
- Book Value ₹ 4.65
- Dividend Yield 0.00 %
- ROCE 11.0 %
- ROE 4.10 %
- 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.
- Company has a low return on equity of 8.59% over last 3 years.
- Dividend payout has been low at 2.62% of profits over last 3 years
- 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 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 292 | 330 | 310 | 384 | 495 | 655 | 526 | 597 | 719 | 1,005 | 1,208 | 1,447 | 1,541 | |
| 269 | 302 | 281 | 346 | 441 | 582 | 474 | 540 | 650 | 913 | 1,086 | 1,330 | 1,416 | |
| Operating Profit | 23 | 28 | 29 | 39 | 54 | 73 | 52 | 57 | 69 | 92 | 122 | 117 | 126 |
| OPM % | 8% | 8% | 9% | 10% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 8% | 8% |
| 0 | -2 | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | -6 | 2 | |
| Interest | 11 | 10 | 9 | 7 | 8 | 16 | 21 | 18 | 22 | 32 | 44 | 52 | 55 |
| Depreciation | 2 | 6 | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 19 | 24 |
| Profit before tax | 10 | 10 | 17 | 29 | 43 | 53 | 28 | 44 | 42 | 54 | 72 | 40 | 48 |
| 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 | 26 | |
| 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 | 0.14 |
| 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: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 3% |
| 3 Years: | -6% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -5% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 10% |
| 3 Years: | 9% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 10 | 13 | 13 | 13 | 14 | 29 | 32 | 158 | 173 | 173 |
| Reserves | 52 | 59 | 70 | 87 | 146 | 176 | 194 | 238 | 253 | 369 | 292 | 613 | 640 |
| 84 | 75 | 59 | 69 | 109 | 151 | 165 | 198 | 249 | 273 | 350 | 317 | 350 | |
| 66 | 48 | 42 | 90 | 100 | 132 | 82 | 102 | 152 | 240 | 351 | 622 | 686 | |
| Total Liabilities | 206 | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 | 1,848 |
| 54 | 54 | 55 | 62 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 394 | 397 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 2 | 5 |
| Investments | 0 | 0 | 2 | 1 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 0 | 0 |
| 152 | 133 | 119 | 193 | 295 | 393 | 361 | 430 | 551 | 721 | 912 | 1,330 | 1,446 | |
| Total Assets | 206 | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 | 1,848 |
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 |
| Free Cash Flow | -4 | 17 | 25 | 2 | -58 | -21 | 12 | -34 | -24 | -69 | -4 | 3 |
| CFO/OP | 77% | 94% | 123% | 58% | -52% | 9% | 74% | 9% | 18% | 15% | 57% | 11% |
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 | 129 |
| Days Payable | 66 | 33 | 27 | 52 | 35 | 47 | 23 | 32 | 41 | 51 | 49 | 49 |
| Cash Conversion Cycle | 125 | 118 | 122 | 128 | 174 | 169 | 226 | 238 | 230 | 254 | 211 | 198 |
| Working Capital Days | 106 | 94 | 37 | 40 | 61 | 62 | 71 | 90 | 80 | 79 | 60 | 81 |
| ROCE % | 16% | 16% | 19% | 24% | 24% | 23% | 14% | 15% | 13% | 14% | 16% | 11% |
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
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Copy of Newspaper publication regarding the Notice of convening the meeting of Equity Shareholders, Secured Creditors and Unsecured Creditors of the Company under the NCLT …
- Notice For Convening The Meetings Of The Equity Shareholders, Secured Creditors And Unsecured Creditors Of The Company In The Matter Of The Scheme Of Amalgamation Under The NCLT Supervision On June 05, 2026, Cut-Off Date & E-Voting Facility 2d
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Apr
-
Closure of Trading Window
30 Mar - Trading window closed from April 1, 2026 until 48 hours after declaration of Q4/FY results for March 31, 2026.
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Impact On Operations Due To Disruption In LPG Supply (Force Majeure Situation)
13 Mar - LPG supply disruption (force majeure) impacting production, deliveries, EPC operations and Gulf exports; company evaluating impact (Mar 13, 2026).
Annual reports
Concalls
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Feb 2025TranscriptAI SummaryPPT
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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.