Salasar Exteriors & Contour Ltd
Incorporated in 1988, Salasar Exteriors and Contour Ltd is in the business of large-scale civil constructions[1]
- Market Cap ₹ 79.3 Cr.
- Current Price ₹ 7.70
- High / Low ₹ 31.0 / 7.70
- Stock P/E 87.1
- Book Value ₹ 1.26
- Dividend Yield 0.00 %
- ROCE 0.21 %
- ROE 0.50 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
Cons
- Stock is trading at 6.12 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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 20,049 days.
- Working capital days have increased from 15,297 days to 27,219 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 | TTM | |
---|---|---|---|---|---|---|---|
55.82 | 73.64 | 8.27 | 2.28 | 0.63 | 0.28 | 1.06 | |
56.84 | 81.97 | 11.80 | 2.95 | 0.86 | 4.40 | 4.34 | |
Operating Profit | -1.02 | -8.33 | -3.53 | -0.67 | -0.23 | -4.12 | -3.28 |
OPM % | -1.83% | -11.31% | -42.68% | -29.39% | -36.51% | -1,471.43% | -309.43% |
3.55 | 0.25 | 3.85 | 4.91 | 1.09 | 4.22 | 4.22 | |
Interest | 1.39 | 1.61 | 1.67 | 1.38 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.03 |
Profit before tax | 1.11 | -9.74 | -1.40 | 2.81 | 0.81 | 0.05 | 0.91 |
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 | 0.91 | |
EPS in Rs | 0.11 | -0.95 | -0.13 | 0.27 | 0.08 | 0.01 | 0.08 |
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: | 68% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -40% |
3 Years: | 27% |
TTM: | 464% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 21% |
3 Years: | -5% |
1 Year: | -63% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 5.87 | 8.24 | 8.24 | 8.24 | 10.29 | 10.29 | 10.29 |
Reserves | 5.09 | 1.49 | 0.10 | 2.91 | 1.66 | 1.72 | 2.67 |
13.97 | 15.35 | 14.18 | 13.95 | 13.90 | 9.43 | 9.45 | |
23.54 | 59.72 | 11.32 | 7.85 | 10.88 | 11.04 | 10.52 | |
Total Liabilities | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 32.48 | 32.93 |
0.44 | 0.40 | 0.35 | 0.31 | 0.26 | 0.23 | 0.23 | |
CWIP | 0.00 | 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 | 0.00 |
48.03 | 84.40 | 33.49 | 32.64 | 36.47 | 32.25 | 32.70 | |
Total Assets | 48.47 | 84.80 | 33.84 | 32.95 | 36.73 | 32.48 | 32.93 |
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 | 20,048.93 |
Inventory Days | 339.03 | 246.62 | 3,666.29 | 3,716.97 | 684.37 | |
Days Payable | 568.48 | 1,408.21 | 3,588.08 | 2,370.83 | 840.04 | |
Cash Conversion Cycle | -45.83 | -875.84 | 801.15 | 4,126.87 | 10,445.95 | 19,893.27 |
Working Capital Days | 151.96 | 116.68 | 951.56 | 3,909.34 | 14,762.22 | 27,218.57 |
ROCE % | -32.51% | 1.13% | 17.60% | 3.18% | 0.21% |
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
16 April 2025 - Exemption from filing corporate governance report due to SME listing.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 April 2025 - Certificate under SEBI 74(5) confirming no demat/remat requests.
-
Updates
7 April 2025 - Promoters confirm no encumbrance or pledge on shares for FY25
-
Trading Window
27 March 2025 - Trading window closure from April 1 until 48 hours after Q4 FY25 results
-
Trading Window-XBRL
27 March 2025 - Salasar Exteriors and Contour Limited has informed about Closure of Trading Window
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