Salasar Exteriors & Contour Ltd
₹ 4.10
-4.65%
29 Dec 2025
About
Incorporated in 1988, Salasar Exteriors and Contour Ltd is in the business of large-scale civil constructions[1]
Key Points
- Market Cap ₹ 42.2 Cr.
- Current Price ₹ 4.10
- High / Low ₹ 16.2 / 4.10
- Stock P/E 37.0
- Book Value ₹ 1.35
- Dividend Yield 0.00 %
- ROCE 4.49 %
- ROE 5.98 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 3.03 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.48% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.0.48 Cr.
- Company has high debtors of 1,651 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
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 55.82 | 73.64 | 8.27 | 2.28 | 0.63 | 0.28 | 4.06 | 6.32 | |
| 56.84 | 81.97 | 11.80 | 2.95 | 0.86 | 4.40 | 3.03 | 5.35 | |
| Operating Profit | -1.02 | -8.33 | -3.53 | -0.67 | -0.23 | -4.12 | 1.03 | 0.97 |
| OPM % | -1.83% | -11.31% | -42.68% | -29.39% | -36.51% | -1,471.43% | 25.37% | 15.35% |
| 3.55 | 0.25 | 3.85 | 4.91 | 1.09 | 4.22 | 0.00 | 0.48 | |
| Interest | 1.39 | 1.61 | 1.67 | 1.38 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 |
| Profit before tax | 1.11 | -9.74 | -1.40 | 2.81 | 0.81 | 0.05 | 0.98 | 1.39 |
| Tax % | 27.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 25.51% | |
| 0.80 | -9.74 | -1.39 | 2.81 | 0.81 | 0.06 | 0.74 | 1.14 | |
| EPS in Rs | 0.11 | -0.95 | -0.13 | 0.27 | 0.08 | 0.01 | 0.07 | 0.11 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -44% |
| 3 Years: | 21% |
| TTM: | 496% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -36% |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | -49% |
| 1 Year: | -76% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 4% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.87 | 8.24 | 8.24 | 8.24 | 10.29 | 10.29 | 10.29 | 10.29 |
| Reserves | 5.09 | 1.49 | 0.10 | 2.91 | 1.66 | 1.72 | 2.46 | 3.63 |
| 13.97 | 15.35 | 14.18 | 13.95 | 13.90 | 9.43 | 9.45 | 9.45 | |
| 23.54 | 59.72 | 11.32 | 7.85 | 10.88 | 11.04 | 12.99 | 14.85 | |
| Total Liabilities | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 32.48 | 35.19 | 38.22 |
| 0.44 | 0.40 | 0.35 | 0.31 | 0.26 | 0.23 | 0.18 | 0.17 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 48.03 | 84.40 | 33.49 | 32.64 | 36.47 | 32.25 | 35.01 | 38.05 | |
| Total Assets | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 32.48 | 35.19 | 38.22 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -21.02 | -8.36 | 2.30 | 1.38 | -0.20 | 4.60 | -0.20 | |
| -0.64 | -0.18 | 0.22 | 0.00 | 0.00 | 0.11 | 0.00 | |
| 22.21 | 8.53 | -2.76 | -1.43 | -0.05 | -4.47 | 0.02 | |
| Net Cash Flow | 0.56 | -0.02 | -0.24 | -0.05 | -0.25 | 0.24 | -0.18 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 183.61 | 285.74 | 722.94 | 2,780.72 | 10,445.95 | 20,048.93 | 1,651.49 |
| Inventory Days | 339.03 | 246.62 | 3,666.29 | 3,716.97 | 684.37 | 952.99 | |
| Days Payable | 568.48 | 1,408.21 | 3,588.08 | 2,370.83 | 840.04 | 1,431.35 | |
| Cash Conversion Cycle | -45.83 | -875.84 | 801.15 | 4,126.87 | 10,445.95 | 19,893.27 | 1,173.13 |
| Working Capital Days | 85.40 | 55.41 | 437.82 | 2,042.72 | 9,072.86 | 14,925.89 | 1,955.36 |
| ROCE % | -32.51% | 1.13% | 17.60% | 3.18% | 0.21% | 4.49% |
Documents
Announcements
-
Structural Digital Database
13 January 2026 - SDD compliance certificate for quarter ended 31-Dec-2025; earlier SDD malfunction observed, now rectified; one event captured.
-
Clarification - Financial Results
13 January 2026 - Exchange has sought clarification from Salasar Exteriors And Contour Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
-
Outcome of Board Meeting
26 December 2025 - Board withdrew petition to shift registered office from Maharashtra to Gujarat on 26-Dec-2025.
-
Copy of Newspaper Publication
14 November 2025 - Newspaper advertisement of Salasar Exteriors' standalone unaudited financial results for half year ended 30 Sep 2025.
-
Outcome of Board Meeting
12 November 2025 - Board approved unaudited half-year results to 30 Sep 2025; auditor disclaimed opinion citing missing documents.
Business Overview:[1][2][3]
Company is specialized in large-scale civil constructions of hotel, commercial, industrial (all structural work) and residential projects. It does trading in real estate (flats and land) in Mumbai. Also, company does interior and exterior designing of commercial office and mall and factories