Salasar Exteriors & Contour Ltd
Incorporated in 1988, Salasar Exteriors and Contour Ltd is in the business of large-scale civil constructions[1]
- Market Cap ₹ 210 Cr.
- Current Price ₹ 20.4
- High / Low ₹ 36.8 / 15.2
- Stock P/E 230
- 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 16.2 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: | 37% |
3 Years: | 86% |
1 Year: | -9% |
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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Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
22 November 2024 - SALASAR EXTERIORS AND CONTOUR LIMITED has informed about Change in Directors/ Key Managerial Personnel/ Auditor/ Compliance Officer/ Share Transfer Agent
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Resignation
22 November 2024 - Salasar Exteriors And Contour Limited has informed regarding Resignation of Videh Shree Kishan Joshi as Chief Executive Officer of the company w.e.f. November 22, 2024.
-
Resignation
22 November 2024 - Salasar Exteriors And Contour Limited has informed regarding Resignation of Videh Shree Kishan Joshi as Executive Director of the company w.e.f. November 22, 2024.
-
Outcome of Board Meeting
22 November 2024 - Salasar Exteriors And Contour Limited has informed regarding Board meeting held on November 22, 2024.
-
Copy of Newspaper Publication
16 November 2024 - Salasar Exteriors And Contour Limited has informed about Copy of Newspaper Publication
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