Salasar Exteriors & Contour Ltd
Incorporated in 1988, Salasar Exteriors and Contour Ltd is in the business of large-scale civil constructions[1]
- Market Cap ₹ 213 Cr.
- Current Price ₹ 20.6
- High / Low ₹ 36.8 / 15.8
- Stock P/E
- Book Value ₹ 1.15
- Dividend Yield 0.00 %
- ROCE 3.18 %
- ROE 7.01 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 17.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.44%
- Company has a low return on equity of 7.35% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 94.4% of their holding.
- Company has high debtors of 10,446 days.
- Working capital days have increased from 6,541 days to 14,762 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: Infrastructure Developers & Operators Industry: Construction
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|
55.82 | 73.64 | 8.27 | 2.28 | 0.63 | 0.72 | |
56.84 | 81.97 | 11.80 | 2.95 | 0.86 | 0.92 | |
Operating Profit | -1.02 | -8.33 | -3.53 | -0.67 | -0.23 | -0.20 |
OPM % | -1.83% | -11.31% | -42.68% | -29.39% | -36.51% | -27.78% |
3.55 | 0.25 | 3.85 | 4.91 | 1.09 | 0.00 | |
Interest | 1.39 | 1.61 | 1.67 | 1.38 | 0.00 | 0.00 |
Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 |
Profit before tax | 1.11 | -9.74 | -1.40 | 2.81 | 0.81 | -0.24 |
Tax % | 27.93% | 0.00% | 0.00% | 0.00% | 0.00% | |
0.80 | -9.74 | -1.39 | 2.81 | 0.81 | -0.25 | |
EPS in Rs | 0.11 | -0.95 | -0.13 | 0.27 | 0.08 | -0.03 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -80% |
TTM: | -88% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 28% |
TTM: | -107% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 197% |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|
Equity Capital | 5.87 | 8.24 | 8.24 | 8.24 | 10.29 | 10.29 |
Reserves | 5.09 | 1.49 | 0.10 | 2.91 | 1.66 | 1.58 |
13.97 | 15.35 | 14.18 | 13.95 | 13.90 | 11.81 | |
23.54 | 59.72 | 11.32 | 7.85 | 10.88 | 8.14 | |
Total Liabilities | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 31.82 |
0.44 | 0.40 | 0.35 | 0.31 | 0.26 | 0.24 | |
CWIP | 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 |
48.03 | 84.40 | 33.49 | 32.64 | 36.47 | 31.58 | |
Total Assets | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 31.82 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
-21.02 | -8.36 | 2.30 | 1.38 | -0.20 | |
-0.64 | -0.18 | 0.22 | 0.00 | 0.00 | |
22.21 | 8.53 | -2.76 | -1.43 | -0.05 | |
Net Cash Flow | 0.56 | -0.02 | -0.24 | -0.05 | -0.25 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|
Debtor Days | 183.61 | 285.74 | 722.94 | 2,780.72 | 10,445.95 |
Inventory Days | 339.03 | 246.62 | 3,666.29 | 3,716.97 | |
Days Payable | 568.48 | 1,408.21 | 3,588.08 | 2,370.83 | |
Cash Conversion Cycle | -45.83 | -875.84 | 801.15 | 4,126.87 | 10,445.95 |
Working Capital Days | 151.96 | 116.68 | 951.56 | 3,909.34 | 14,762.22 |
ROCE % | -32.51% | 1.13% | 17.60% | 3.18% |
Documents
Announcements
- Updates 25 April 2024
- Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent 24 April 2024
- Change in Company Secretary/Compliance Officer 24 April 2024
- Resignation 24 April 2024
- Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 20 April 2024
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