Sar Televenture Ltd
Incorporated in 2019, SAR Televenture
Ltd does General construction (including alteration, addition, repair and maintenance)
of 4G & 5G Networks Towers, carried out on own-account basis or on a fee or contract basis[1]
- Market Cap ₹ 1,013 Cr.
- Current Price ₹ 215
- High / Low ₹ 303 / 162
- Stock P/E 108
- Book Value ₹ 170
- Dividend Yield 0.00 %
- ROCE 1.38 %
- ROE 1.19 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 110% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.51% over last 3 years.
- Company has high debtors of 303 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
Telecommunication Telecommunication Telecom - Services Telecom - Infrastructure
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.02 | 0.91 | 4.72 | 6.43 | 6.41 | 35.62 | |
| 0.14 | 0.80 | 4.08 | 3.94 | 3.54 | 27.50 | |
| Operating Profit | -0.12 | 0.11 | 0.64 | 2.49 | 2.87 | 8.12 |
| OPM % | -600.00% | 12.09% | 13.56% | 38.72% | 44.77% | 22.80% |
| 0.00 | 0.00 | 0.02 | 0.03 | 0.04 | 2.35 | |
| Interest | 0.00 | 0.04 | 0.22 | 0.45 | 0.22 | 0.03 |
| Depreciation | 0.00 | 0.10 | 0.41 | 0.89 | 1.22 | 2.38 |
| Profit before tax | -0.12 | -0.03 | 0.03 | 1.18 | 1.47 | 8.06 |
| Tax % | 0.00% | 0.00% | -33.33% | 33.05% | 27.89% | 27.92% |
| -0.13 | -0.03 | 0.04 | 0.79 | 1.07 | 5.81 | |
| EPS in Rs | -3.00 | 4.00 | 6.08 | 0.36 | 1.23 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 347% |
| 3 Years: | 96% |
| TTM: | 456% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 110% |
| 3 Years: | 402% |
| TTM: | 374% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.04 | 0.04 | 0.65 | 3.00 | 9.42 | 9.42 |
| Reserves | -0.13 | -0.16 | -0.12 | 8.23 | 51.29 | 785.02 | 790.76 |
| 0.24 | 1.37 | 3.37 | 4.42 | 177.87 | 0.00 | 0.00 | |
| 0.04 | 0.20 | 0.81 | 6.17 | 2.16 | 29.53 | 66.28 | |
| Total Liabilities | 0.16 | 1.45 | 4.10 | 19.47 | 234.32 | 823.97 | 866.46 |
| 0.06 | 0.90 | 2.82 | 8.26 | 9.55 | 108.75 | 126.68 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.61 | 18.25 |
| Investments | 0.00 | 0.00 | 0.00 | 0.83 | 0.83 | 242.04 | 257.09 |
| 0.10 | 0.55 | 1.28 | 10.38 | 223.94 | 456.57 | 464.44 | |
| Total Assets | 0.16 | 1.45 | 4.10 | 19.47 | 234.32 | 823.97 | 866.46 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -0.22 | 0.52 | -5.06 | -212.51 | -185.20 | ||
| -0.90 | -2.33 | -7.15 | -2.51 | -359.30 | ||
| 1.12 | 1.79 | 12.78 | 215.06 | 555.00 | ||
| Net Cash Flow | 0.00 | -0.03 | 0.57 | 0.03 | 10.50 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 365.00 | 156.43 | 64.96 | 76.63 | 60.93 | 303.01 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 365.00 | 156.43 | 64.96 | 76.63 | 60.93 | 303.01 |
| Working Capital Days | 730.00 | 132.36 | -19.33 | 430.28 | 233.46 | 294.50 |
| ROCE % | 1.46% | 11.01% | 19.65% | 1.38% | 1.38% |
Documents
Announcements
-
Appointment
23 February 2026 - Mayank Jain appointed Company Secretary, Compliance Officer and KMP effective February 23, 2026.
-
Resignation
18 February 2026 - Ms. Vandana Kaushik resigned as Company Secretary & Compliance Officer effective 17 February 2026.
-
Monitoring Agency Report
14 February 2026 - Monitoring report for Rs.172.79 crore preferential convertible warrants; Rs.8.99cr received; Rs.3.50cr utilized; no deviations.
-
Outcome of Board Meeting
22 January 2026 - Allotment of 469,500 shares on 22-Jan-2026 to non-promoter Ms. Anoushka Anand.
-
Outcome of Board Meeting
9 January 2026 - Allotment of 475,000 shares on conversion of warrants to Ms. Anoushka Anand on Jan 9, 2026.
Annual reports
Concalls
-
Nov 2025TranscriptAI SummaryPPT
-
Feb 2025TranscriptPPT
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Jul 2024TranscriptAI SummaryPPT
Business Overview:[1]
SARTL is an ISO - 9001:2015, ISO 140001: 2015 and ISO 45001:2018 certified telecommunication infrastructure provider. It installs and commissions telecom towers in India. As on May 31, 2024, they have installed 413 towers on lease in West Bengal, Bihar, Uttar Pradesh, Chandigarh, Odisha, Jharkhand, Himachal Pradesh, Punjab, and Andaman & Nicobar Islands