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 ₹ 558 Cr.
- Current Price ₹ 111
- High / Low ₹ 276 / 107
- Stock P/E 7.77
- 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 0.58 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: | -54% |
| 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| May 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Telecom Towers Completed Number ・Standalone data |
|
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| Completed HomePass Number |
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| Employee Strength Number ・Standalone data |
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| Enterprise Leased Lines Number |
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| Ongoing Projects Number |
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| Orders - Smart Meters and ITMS INR Crores ・Standalone data |
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| Tower Installation Target Number ・Standalone data |
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| Wired Broadband Customers Number |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
29 May 2026 - Newspaper ads published for audited half-year and FY2026 results on May 29, 2026.
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General Updates
29 May 2026 - Investor presentation for audited H2 and FY26 results; revenue ₹522.11 Cr, PAT ₹72.49 Cr, 1,800 towers.
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Press Release
28 May 2026 - SAR Televenture FY26 revenue rose 49% to ₹522.11 crore; net profit increased 55% to ₹72.49 crore.
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Change in Management
28 May 2026 - Board approved FY26 audited standalone and consolidated results; appointed Goyal Mittal & Associates LLP as internal auditor.
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Outcome of Board Meeting
28 May 2026 - Board approved audited FY26 standalone and consolidated results; appointed Goyal Mittal & Associates LLP as internal auditor.
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