Salasar Exteriors & Contour Ltd
Incorporated in 1988, Salasar Exteriors and Contour Ltd is in the business of large-scale civil constructions[1]
- Market Cap ₹ 218 Cr.
- Current Price ₹ 21.2
- High / Low ₹ 36.8 / 15.2
- Stock P/E 3,629
- Book Value ₹ 1.17
- Dividend Yield 0.00 %
- ROCE 0.19 %
- ROE 0.50 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 18.1 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.56%
- The company has delivered a poor sales growth of -65.3% over past five years.
- Company has a low return on equity of 11.1% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 95.2% of their holding.
- Company has high debtors of 23,503 days.
- Working capital days have increased from 17,296 days to 33,215 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 | Mar 2024 | |
---|---|---|---|---|---|---|
55.82 | 73.64 | 8.27 | 2.28 | 0.63 | 0.28 | |
56.84 | 81.97 | 11.80 | 2.95 | 0.86 | 4.40 | |
Operating Profit | -1.02 | -8.33 | -3.53 | -0.67 | -0.23 | -4.12 |
OPM % | -1.83% | -11.31% | -42.68% | -29.39% | -36.51% | -1,471.43% |
3.55 | 0.25 | 3.85 | 4.91 | 1.09 | 4.22 | |
Interest | 1.39 | 1.61 | 1.67 | 1.38 | 0.00 | 0.00 |
Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
Profit before tax | 1.11 | -9.74 | -1.40 | 2.81 | 0.81 | 0.05 |
Tax % | 27.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
0.80 | -9.74 | -1.39 | 2.81 | 0.81 | 0.06 | |
EPS in Rs | 0.11 | -0.95 | -0.13 | 0.27 | 0.08 | 0.01 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | -65% |
3 Years: | -68% |
TTM: | -56% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -40% |
3 Years: | 27% |
TTM: | -93% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 131% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | 11% |
Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
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 | 1.72 |
13.97 | 15.35 | 14.18 | 13.95 | 13.90 | 9.43 | |
23.54 | 59.72 | 11.32 | 7.85 | 10.88 | 11.04 | |
Total Liabilities | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 32.48 |
0.44 | 0.40 | 0.35 | 0.31 | 0.26 | 0.23 | |
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 | 32.25 | |
Total Assets | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 32.48 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-21.02 | -8.36 | 2.30 | 1.38 | -0.20 | 4.60 | |
-0.64 | -0.18 | 0.22 | 0.00 | 0.00 | 0.11 | |
22.21 | 8.53 | -2.76 | -1.43 | -0.05 | -4.47 | |
Net Cash Flow | 0.56 | -0.02 | -0.24 | -0.05 | -0.25 | 0.24 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
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
-
Reply to Clarification- Financial results
18 July 2024 - Exchange had sought clarification from Salasar Exteriors And Contour Limited for the quarter ended 31-Mar-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
3 July 2024 - Salasar Exteriors And Contour Limited has informed regarding Submission of the Compliance Report on Corporate Governance for the Quarter ended June 2024 FY 2024-25
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Clarification - Financial Results
2 July 2024 - Exchange has sought clarification from Salasar Exteriors And Contour Limited for the quarter ended 31-Mar-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
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Statement on Impact of Audit Qualifications
21 June 2024 - Salasar Exteriors And Contour Limited has informed about Statement on Impact of Audit Qualifications
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Related Party Transactions
21 June 2024 - Salasar Exteriors And Contour Limited has informed about related Party Transactions
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