Salasar Exteriors & Contour Ltd
Incorporated in 1988, Salasar Exteriors and Contour Ltd is in the business of large-scale civil constructions[1]
- Market Cap ₹ 151 Cr.
- Current Price ₹ 14.6
- High / Low ₹ 36.8 / 14.6
- Stock P/E 166
- 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 11.6 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: | 32% |
3 Years: | 16% |
1 Year: | -58% |
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
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Reply to Clarification- Financial results
3 February 2025 - Exchange had sought clarification from Salasar Exteriors And Contour Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
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Structural Digital Database
20 January 2025 - Submission of SDD Compliance certificate under Regulation 3(5) and 3(6) of Securitiesand Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 for the quarterended …
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
15 January 2025 - Non-applicability of Corporate Governance Report as per Regulation 27(2) ofSEBI (LODR) Regulations, 2015 for Quarter ended 31st December, 2024
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Updates
13 January 2025 - Salasar Exteriors And Contour Limited has informed regarding 'Clarification Regarding Non-Submission of Disclosure under Regulation 30 ofSEBI (LODR) Regulations, 2015.'.
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Updates
13 January 2025 - Salasar Exteriors And Contour Limited has informed regarding 'Clarification Regarding the Unaudited Financial Results Submitted as on November 14,2024'.
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