Salasar Techno Engineering Ltd
Established in 2006 as a tower manufacturer, Salasar Engineering Limited, has emerged as a fast-growing Steel structure manufacturer & EPC infrastructure company, providing services across telecom, energy and railways sector. [1]
- Market Cap ₹ 2,694 Cr.
- Current Price ₹ 15.6
- High / Low ₹ 34.1 / 9.88
- Stock P/E 53.1
- Book Value ₹ 4.05
- Dividend Yield 0.00 %
- ROCE 15.4 %
- ROE 12.1 %
- Face Value ₹ 1.00
Pros
- Debtor days have improved from 123 to 96.5 days.
Cons
- Stock is trading at 3.86 times its book value
- Promoter holding has decreased over last quarter: -1.02%
- Company has a low return on equity of 11.9% over last 3 years.
* 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: Steel Industry: Steel - Medium / Small
Part of BSE Allcap BSE Industrials BSE SmallCap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
167 | 245 | 276 | 276 | 373 | 495 | 654 | 526 | 583 | 691 | 1,000 | 1,197 | 1,228 | |
158 | 229 | 257 | 253 | 341 | 441 | 581 | 474 | 527 | 623 | 909 | 1,077 | 1,105 | |
Operating Profit | 9 | 16 | 19 | 23 | 32 | 54 | 73 | 51 | 56 | 68 | 91 | 120 | 123 |
OPM % | 6% | 7% | 7% | 8% | 9% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 10% |
0 | 0 | -2 | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | 5 | |
Interest | 4 | 7 | 6 | 6 | 6 | 8 | 16 | 21 | 18 | 21 | 31 | 44 | 49 |
Depreciation | 0 | 1 | 2 | 1 | 1 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 12 |
Profit before tax | 5 | 9 | 9 | 16 | 26 | 43 | 53 | 28 | 43 | 43 | 54 | 69 | 68 |
Tax % | 34% | 38% | 47% | 37% | 36% | 31% | 38% | 20% | 32% | 25% | 25% | 26% | |
3 | 6 | 5 | 10 | 17 | 30 | 33 | 22 | 29 | 32 | 40 | 51 | 51 | |
EPS in Rs | 0.06 | 0.11 | 0.09 | 0.20 | 0.17 | 0.22 | 0.25 | 0.17 | 0.21 | 0.22 | 0.25 | 0.33 | 0.32 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 10% | 12% | 5% | 9% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 17% |
5 Years: | 13% |
3 Years: | 27% |
TTM: | 15% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | 9% |
3 Years: | 21% |
TTM: | 12% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 69% |
3 Years: | 46% |
1 Year: | 51% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 12% |
3 Years: | 12% |
Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 10 | 13 | 13 | 13 | 14 | 29 | 32 | 158 | 173 |
Reserves | 46 | 52 | 57 | 68 | 82 | 146 | 176 | 193 | 237 | 253 | 368 | 290 | 527 |
30 | 54 | 47 | 44 | 54 | 109 | 151 | 165 | 195 | 243 | 272 | 350 | 370 | |
31 | 56 | 36 | 37 | 84 | 100 | 132 | 82 | 96 | 148 | 239 | 339 | 353 | |
Total Liabilities | 111 | 167 | 146 | 154 | 229 | 368 | 472 | 453 | 543 | 673 | 911 | 1,137 | 1,422 |
9 | 22 | 24 | 24 | 27 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 218 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 0 |
Investments | 18 | 18 | 18 | 20 | 19 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 180 |
84 | 126 | 104 | 110 | 183 | 295 | 392 | 360 | 420 | 541 | 717 | 897 | 1,025 | |
Total Assets | 111 | 167 | 146 | 154 | 229 | 368 | 472 | 453 | 543 | 673 | 911 | 1,137 | 1,422 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 5 | 11 | 11 | 6 | -43 | -12 | 31 | -4 | 2 | -4 | 47 | |
-1 | -19 | -0 | -3 | -12 | -16 | -14 | -22 | -23 | -27 | -71 | -78 | |
-6 | 16 | -12 | -8 | 5 | 65 | 22 | -11 | 27 | 25 | 75 | 31 | |
Net Cash Flow | 0 | 2 | -1 | -0 | -0 | 6 | -4 | -1 | -0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 81 | 52 | 75 | 76 | 112 | 121 | 150 | 147 | 153 | 119 | 96 |
Inventory Days | 95 | 81 | 84 | 82 | 95 | 97 | 95 | 100 | 124 | 125 | 186 | 165 |
Days Payable | 47 | 71 | 29 | 30 | 51 | 35 | 47 | 23 | 29 | 41 | 51 | 46 |
Cash Conversion Cycle | 130 | 91 | 106 | 127 | 120 | 174 | 169 | 227 | 242 | 237 | 255 | 215 |
Working Capital Days | 115 | 75 | 70 | 94 | 97 | 138 | 143 | 181 | 193 | 189 | 163 | 155 |
ROCE % | 11% | 17% | 16% | 19% | 24% | 25% | 23% | 14% | 15% | 13% | 14% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
18 Nov - Outcome of investor meet and presentation submission.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 13 Nov
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Statement Of Deviation Or Variation In Utilization Of Funds Raised Through Preferential Issue, For The Quarter Ended 30Th September, 2024
11 Nov - Statement of deviation in fund utilization for Q2 2024.
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
11 Nov - Monitoring Agency Report for Q2 FY25 issued.
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Announcement Under Regulation 30 (LODR) - Update On Acquisition Of EMC Limited (Under Liquidation)
30 Oct - NCLT approves acquisition of EMC Limited by Salasar.
Annual reports
Concalls
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Nov 2024TranscriptNotesPPT
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Feb 2024TranscriptNotesPPT
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Nov 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Nov 2021Transcript PPT
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Feb 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Nov 2019TranscriptNotesPPT
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Nov 2018Transcript PPT
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Nov 2018TranscriptNotesPPT
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Aug 2018Transcript PPT
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May 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Sep 2017Transcript PPT
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