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 ₹ 594 Cr.
- Current Price ₹ 118
- High / Low ₹ 265 / 107
- Stock P/E 50.5
- Book Value ₹ 165
- Dividend Yield 0.00 %
- ROCE 1.98 %
- ROE 1.46 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is trading at 0.72 times its book value
- Company has delivered good profit growth of 230% 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 1.42% over last 3 years.
- Company has high debtors of 216 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
Part of Nifty SME Emerge
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 0 | 1 | 5 | 6 | 6 | 36 | 116 | |
| 0 | 1 | 4 | 4 | 4 | 28 | 96 | |
| Operating Profit | -0 | 0 | 1 | 2 | 3 | 8 | 21 |
| OPM % | -600% | 12% | 14% | 39% | 45% | 23% | 18% |
| 0 | 0 | 0 | 0 | 0 | 2 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 2 | 9 |
| Profit before tax | -0 | -0 | 0 | 1 | 1 | 8 | 16 |
| Tax % | 0% | 0% | -33% | 33% | 28% | 28% | 26% |
| -0 | -0 | 0 | 1 | 1 | 6 | 12 | |
| EPS in Rs | -3.00 | 4.00 | 6.08 | 0.36 | 1.23 | 2.37 | |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 164% |
| 3 Years: | 162% |
| TTM: | 226% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 230% |
| 3 Years: | 146% |
| TTM: | 132% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -42% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.04 | 0.04 | 0.65 | 3 | 9 | 10 |
| Reserves | -0 | -0 | -0 | 8 | 51 | 785 | 806 |
| 0 | 1 | 3 | 4 | 178 | 0 | 0 | |
| 0 | 0 | 1 | 6 | 2 | 30 | 43 | |
| Total Liabilities | 0 | 1 | 4 | 19 | 234 | 824 | 859 |
| 0 | 1 | 3 | 8 | 10 | 109 | 244 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 17 | 0 |
| Investments | 0 | 0 | 0 | 1 | 1 | 242 | 257 |
| 0 | 1 | 1 | 10 | 224 | 457 | 358 | |
| Total Assets | 0 | 1 | 4 | 19 | 234 | 824 | 859 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -0 | 1 | -5 | -213 | -185 | 123 | ||
| -1 | -2 | -7 | -3 | -359 | -143 | ||
| 1 | 2 | 13 | 215 | 555 | 10 | ||
| Net Cash Flow | 0 | -0 | 1 | 0 | 10 | -10 | |
| Free Cash Flow | -1 | -2 | -11 | -215 | -303 | -4 | |
| CFO/OP | -200% | 81% | -189% | -7,393% | -2,276% | 611% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 365 | 156 | 65 | 77 | 61 | 303 | 216 |
| Inventory Days | 10 | ||||||
| Days Payable | 149 | ||||||
| Cash Conversion Cycle | 365 | 156 | 65 | 77 | 61 | 303 | 77 |
| Working Capital Days | 730 | 132 | -19 | 430 | 233 | 294 | 287 |
| ROCE % | 1% | 11% | 20% | 1% | 1% | 2% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cumulative Telecom Towers Installed sites |
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| FTTH HomePass (Cumulative) home passes |
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| Number of Employees employees |
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| Number of Ongoing Projects projects |
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| Number of Projects (Cumulative) projects |
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| Number of Telecom Operator Clients (MSAs) telcos |
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| Total Customer Base (Post-Acquisition) customers |
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Extracted by Screener AI
Documents
Announcements
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Acquisition
31 July 2026 - Board approved acquiring 100% of Goodwell Technology Sdn. Bhd., Malaysia for MYR 27,000 by September 30, 2026.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 July 2026 - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; shares remain entirely in demat form.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
15 July 2026 - Company states corporate governance report not applicable for quarter ended June 30, 2026.
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Acquisition
9 July 2026 - SAR Televenture acquires 100% of PARA; Rs 27.04 crore loan converts into equity, making it a WOS.
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Updates
18 June 2026 - Company clarifies recent share price movement is market-driven, with no undisclosed material event.
Annual reports
Concalls
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May 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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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