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 ₹ 501 Cr.
- Current Price ₹ 100.0
- High / Low ₹ 265 / 94.0
- Stock P/E 6.98
- Book Value ₹ 193
- Dividend Yield 0.00 %
- ROCE 8.84 %
- ROE 7.95 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.52 times its book value
- Company has delivered good profit growth of 374% CAGR over last 5 years
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 9.53% over last 3 years.
- Debtor days have increased from 85.7 to 115 days.
- Working capital days have increased from 95.0 days to 159 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
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 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1 | 5 | 32 | 124 | 350 | 522 | |
| 1 | 4 | 27 | 107 | 294 | 429 | |
| Operating Profit | 0 | 1 | 6 | 18 | 56 | 93 |
| OPM % | 12% | 14% | 18% | 14% | 16% | 18% |
| 0 | 0 | 0 | 0 | 5 | 7 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 10 | 18 |
| Profit before tax | -0 | 0 | 4 | 16 | 52 | 81 |
| Tax % | 0% | -33% | 8% | 3% | 9% | 11% |
| -0 | 0 | 1 | 16 | 47 | 72 | |
| EPS in Rs | -3.00 | 4.00 | 6.46 | 5.22 | 9.96 | 14.50 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 256% |
| 3 Years: | 152% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 374% |
| 3 Years: | 341% |
| TTM: | 54% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -50% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.04 | 0.04 | 0.65 | 3 | 9 | 10 |
| Reserves | -0 | -0 | 11 | 69 | 844 | 944 |
| 1 | 3 | 4 | 178 | 8 | 2 | |
| 0 | 1 | 8 | 17 | 85 | 151 | |
| Total Liabilities | 1 | 4 | 24 | 266 | 947 | 1,107 |
| 1 | 3 | 8 | 10 | 349 | 519 | |
| CWIP | 0 | 0 | 0 | 0 | 17 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 1 | 16 | 257 | 582 | 588 | |
| Total Assets | 1 | 4 | 24 | 266 | 947 | 1,107 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0 | 1 | -5 | -209 | -184 | 121 | |
| -1 | -2 | -7 | -3 | -367 | -168 | |
| 1 | 2 | 13 | 215 | 568 | 24 | |
| Net Cash Flow | 0 | -0 | 1 | 4 | 18 | -22 |
| Free Cash Flow | -1 | -2 | -12 | -211 | -343 | -40 |
| CFO/OP | -164% | 81% | -86% | -1,182% | -320% | 134% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 156 | 65 | 73 | 63 | 79 | 115 |
| Inventory Days | 29 | |||||
| Days Payable | 81 | |||||
| Cash Conversion Cycle | 156 | 65 | 73 | 63 | 79 | 63 |
| Working Capital Days | 132 | -19 | 124 | 54 | 72 | 159 |
| ROCE % | 11% | 48% | 12% | 9% | 9% |
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 ・Standalone data |
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| Number of Employees employees ・Standalone data |
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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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Updates
- On Aug 20, 2026, SAR Televenture withdrew proposed acquisitions of BLSS and WCPL.
-
Monitoring Agency Report
- Monitoring report for June 2026 notes lapsed warrants, Rs.172.79 crore issue shortfall, and final report issued.
-
Resignation of Director/KMP/SMP
- Sar Televenture Limited has informed about Resignation of Director/KMP/SMP
-
Cessation
- Vikas Tandon resigns as Whole-time Director; Paramjit Singh appointed Non-Executive Director from August 10, 2026.
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Outcome of Board Meeting
- Vikas Tandon resigns as Whole-time Director on Aug 10, 2026; Paramjit Singh appointed non-executive director.
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