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 ₹ 2,687 Cr.
- Current Price ₹ 15.6
- High / Low ₹ 34.1 / 9.88
- Stock P/E 49.9
- Book Value ₹ 4.07
- Dividend Yield 0.00 %
- ROCE 15.7 %
- ROE 12.4 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 3.83 times its book value
- Promoter holding has decreased over last quarter: -1.02%
- Company has a low return on equity of 12.0% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
213 | 292 | 330 | 310 | 384 | 495 | 655 | 526 | 597 | 719 | 1,005 | 1,208 | 1,247 | |
196 | 269 | 302 | 281 | 346 | 441 | 582 | 474 | 540 | 650 | 913 | 1,086 | 1,119 | |
Operating Profit | 17 | 23 | 28 | 29 | 39 | 54 | 73 | 52 | 57 | 69 | 92 | 122 | 128 |
OPM % | 8% | 8% | 8% | 9% | 10% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 10% |
0 | 0 | -2 | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | 5 | |
Interest | 8 | 11 | 10 | 9 | 7 | 8 | 16 | 21 | 18 | 22 | 32 | 44 | 49 |
Depreciation | 2 | 2 | 6 | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 12 |
Profit before tax | 7 | 10 | 10 | 17 | 29 | 43 | 53 | 28 | 44 | 42 | 54 | 72 | 73 |
Tax % | 31% | 41% | 38% | 36% | 35% | 31% | 38% | 20% | 32% | 26% | 26% | 26% | |
5 | 6 | 6 | 11 | 19 | 30 | 33 | 22 | 30 | 31 | 40 | 53 | 54 | |
EPS in Rs | 0.10 | 0.12 | 0.13 | 0.22 | 0.19 | 0.22 | 0.25 | 0.17 | 0.21 | 0.22 | 0.25 | 0.34 | 0.34 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 10% | 12% | 5% | 9% | 8% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 15% |
5 Years: | 13% |
3 Years: | 27% |
TTM: | 16% |
Compounded Profit Growth | |
---|---|
10 Years: | 25% |
5 Years: | 10% |
3 Years: | 21% |
TTM: | 20% |
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
Consolidated Figures in Rs. Crores / View Standalone
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 | 59 | 70 | 87 | 146 | 176 | 194 | 238 | 253 | 369 | 292 | 531 |
65 | 84 | 75 | 59 | 69 | 109 | 151 | 165 | 198 | 249 | 273 | 350 | 371 | |
43 | 66 | 48 | 42 | 90 | 100 | 132 | 82 | 102 | 152 | 240 | 351 | 363 | |
Total Liabilities | 159 | 206 | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,437 |
37 | 54 | 54 | 55 | 62 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 218 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 0 |
Investments | 0 | 0 | 0 | 2 | 1 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 180 |
120 | 152 | 133 | 119 | 193 | 295 | 393 | 361 | 430 | 551 | 721 | 912 | 1,039 | |
Total Assets | 159 | 206 | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,437 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 14 | 22 | 30 | 12 | -43 | -12 | 31 | -7 | 1 | -0 | 52 | |
-4 | -18 | -7 | -6 | -18 | -16 | -14 | -22 | -24 | -27 | -70 | -80 | |
1 | 5 | -16 | -24 | 5 | 65 | 22 | -11 | 30 | 26 | 70 | 30 | |
Net Cash Flow | 0 | 2 | -1 | -0 | -0 | 6 | -4 | -1 | -0 | -0 | 0 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 89 | 88 | 63 | 71 | 76 | 112 | 121 | 148 | 147 | 149 | 120 | 98 |
Inventory Days | 119 | 103 | 88 | 78 | 104 | 97 | 95 | 100 | 123 | 122 | 186 | 163 |
Days Payable | 51 | 66 | 33 | 27 | 52 | 35 | 47 | 23 | 32 | 41 | 51 | 49 |
Cash Conversion Cycle | 158 | 125 | 118 | 122 | 128 | 174 | 169 | 226 | 238 | 230 | 254 | 211 |
Working Capital Days | 133 | 106 | 94 | 89 | 98 | 138 | 143 | 181 | 191 | 185 | 163 | 153 |
ROCE % | 14% | 16% | 16% | 19% | 24% | 24% | 23% | 14% | 15% | 13% | 14% | 16% |
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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Nov 2019TranscriptNotesPPT
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Nov 2018Transcript PPT
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May 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Sep 2017Transcript PPT
Business Segments