Salasar Techno Engineering Ltd

Salasar Techno Engineering Ltd

₹ 15.6 -3.47%
21 Nov 4:00 p.m.
About

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]

Key Points

Business Segments

  • 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
200.19 173.61 212.28 210.67 258.73 240.80 294.70 261.86 275.35 303.88 367.33 294.00 281.49
178.69 156.98 196.23 193.77 237.72 216.74 264.85 238.27 250.43 266.41 330.87 265.79 255.84
Operating Profit 21.50 16.63 16.05 16.90 21.01 24.06 29.85 23.59 24.92 37.47 36.46 28.21 25.65
OPM % 10.74% 9.58% 7.56% 8.02% 8.12% 9.99% 10.13% 9.01% 9.05% 12.33% 9.93% 9.60% 9.11%
-0.62 0.35 0.44 0.58 0.05 0.14 0.99 0.49 0.31 0.46 2.21 0.90 1.74
Interest 5.41 5.56 6.09 5.77 8.53 7.82 9.45 8.19 10.60 12.00 12.87 12.01 11.88
Depreciation 1.77 1.85 1.71 1.87 1.92 1.99 2.17 2.23 2.29 2.80 2.90 3.00 3.06
Profit before tax 13.70 9.57 8.69 9.84 10.61 14.39 19.22 13.66 12.34 23.13 22.90 14.10 12.45
Tax % 26.86% 27.27% 17.84% 25.61% 29.12% 25.71% 23.31% 25.77% 26.58% 27.54% 25.90% 25.53% 22.25%
10.02 6.96 7.14 7.31 7.51 10.69 14.73 10.15 9.05 16.76 16.97 10.49 9.68
EPS in Rs 0.07 0.05 0.05 0.05 0.05 0.07 0.09 0.06 0.06 0.11 0.11 0.06 0.06
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

18 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
69.70% 69.70% 69.70% 63.07% 63.07% 63.07% 63.07% 63.07% 63.07% 63.07% 55.97% 54.95%
0.00% 0.55% 0.93% 12.18% 9.40% 9.03% 9.04% 9.00% 8.85% 3.00% 8.42% 6.49%
0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
30.30% 29.75% 29.38% 24.74% 27.51% 27.86% 27.87% 27.92% 28.07% 33.92% 35.60% 38.56%
No. of Shareholders 18,95722,36524,68228,57530,97231,95132,78941,04676,8024,50,2794,41,9984,66,241

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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