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 ₹ 1,234 Cr.
- Current Price ₹ 262
- High / Low ₹ 414 / 179
- Stock P/E
- Book Value ₹ 114
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 37.4 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -21.2%
- Working capital days have increased from 285 days to 696 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
Sector: Telecomm Equipment & Infra Services Industry: Transmisson Line Towers / Equipment
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 1 | 5 | 32 | 124 | |
| 1 | 4 | 27 | 107 | |
| Operating Profit | 0 | 1 | 6 | 18 |
| OPM % | 12% | 14% | 18% | 14% |
| 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 |
| Profit before tax | -0 | 0 | 4 | 16 |
| Tax % | 0% | -33% | 8% | 3% |
| -0 | 0 | 4 | 16 | |
| EPS in Rs | -3.00 | 4.00 | 30.31 | 5.22 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 415% |
| TTM: | 282% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 706% |
| TTM: | 297% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 44% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 37% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.04 | 0.04 | 0.65 | 3 | 7 |
| Reserves | -0 | -0 | 11 | 69 | 531 |
| 1 | 3 | 4 | 178 | 9 | |
| 0 | 1 | 8 | 17 | 28 | |
| Total Liabilities | 1 | 4 | 24 | 266 | 575 |
| 1 | 3 | 8 | 10 | 10 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 76 |
| 1 | 1 | 16 | 257 | 489 | |
| Total Assets | 1 | 4 | 24 | 266 | 575 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| -0 | 1 | -5 | -209 | |
| -1 | -2 | -7 | -3 | |
| 1 | 2 | 13 | 215 | |
| Net Cash Flow | 0 | -0 | 1 | 4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 156 | 65 | 73 | 63 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 156 | 65 | 73 | 63 |
| Working Capital Days | 132 | 34 | 124 | 696 |
| ROCE % | 11% | 48% | 12% |
Documents
Announcements
-
Shareholders meeting
26 April 2025 - Voting results disclosed for April 26 EGM approving preferential equity share issuance of 33.3 million shares.
-
Shareholders meeting
26 April 2025 - EGM approved preferential issuance of equity shares; voting conducted via e-voting on April 26, 2025.
-
Structural Digital Database
24 April 2025 - SDD compliance certificate confirming no non-compliance for quarter/year ended March 31, 2025.
-
Updates
24 April 2025 - SAR Televenture confirms non-applicability of SEBI Large Corporate disclosure for FY 2025-26.
-
Corrigendum
22 April 2025 - SAR Televenture to acquire 78.57% of Tikona Infinet via Rs.578 Cr preferential allotment shares.
Annual reports
Concalls
-
Feb 2025TranscriptPPT
-
Jul 2024TranscriptNotesPPT
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