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 ₹ 1,038 Cr.
- Current Price ₹ 220
- High / Low ₹ 303 / 162
- Stock P/E 15.5
- Book Value ₹ 189
- Dividend Yield 0.00 %
- ROCE 9.28 %
- ROE 10.1 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.17 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 12.4% over last 3 years.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1 | 5 | 32 | 124 | 350 | |
| 1 | 4 | 27 | 107 | 294 | |
| Operating Profit | 0 | 1 | 6 | 18 | 56 |
| OPM % | 12% | 14% | 18% | 14% | 16% |
| 0 | 0 | 0 | 0 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 10 |
| Profit before tax | -0 | 0 | 4 | 16 | 52 |
| Tax % | 0% | -33% | 8% | 3% | 9% |
| -0 | 0 | 1 | 16 | 47 | |
| EPS in Rs | -3.00 | 4.00 | 6.46 | 5.22 | 9.96 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 320% |
| TTM: | 182% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 953% |
| TTM: | 198% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.04 | 0.04 | 0.65 | 3 | 9 | 9 |
| Reserves | -0 | -0 | 11 | 69 | 844 | 880 |
| 1 | 3 | 4 | 178 | 8 | 3 | |
| 0 | 1 | 8 | 17 | 85 | 164 | |
| Total Liabilities | 1 | 4 | 24 | 266 | 947 | 1,056 |
| 1 | 3 | 8 | 10 | 349 | 386 | |
| CWIP | 0 | 0 | 0 | 0 | 17 | 18 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 1 | 16 | 257 | 582 | 653 | |
| Total Assets | 1 | 4 | 24 | 266 | 947 | 1,056 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -0 | 1 | -5 | -209 | -184 | |
| -1 | -2 | -7 | -3 | -367 | |
| 1 | 2 | 13 | 215 | 568 | |
| Net Cash Flow | 0 | -0 | 1 | 4 | 18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 156 | 65 | 73 | 63 | 79 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 156 | 65 | 73 | 63 | 79 |
| Working Capital Days | 132 | -19 | 124 | 54 | 72 |
| ROCE % | 11% | 48% | 12% | 9% |
Documents
Announcements
-
Copy of Newspaper Publication
13 December 2025 - Notice of SAR Televenture EGM on 03 Jan 2026 at 2:00 PM; remote e-voting 31 Dec–02 Jan.
-
Shareholders meeting
12 December 2025 - EGM on 03 Jan 2026 to issue 1,00,70,500 warrants @Rs.207 (proceeds >Rs.100 crore).
-
Copy of Newspaper Publication
11 December 2025 - Newspaper ad: EGM on 03 Jan 2026 at 4:00 PM IST via VC; published 11 Dec 2025.
-
Press Release
5 December 2025 - Raised ₹208.46 crore via 1,00,70,500 warrants at ₹207; investors include Founder Collective, Choice Strategic, promoters.
-
Outcome of Board Meeting
5 December 2025 - Board approved up to 10,070,500 warrants at INR207 each (aggregate INR208.46 crore); EGM on Jan 3, 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