Salasar Techno Engineering Ltd.
Snapshot View

247.00 -0.05 ▼0.0%

18 May 2022, 04:01:00 PM
Volume: 2,213

Overview View Details

Sector Capital Goods Compare with Sector peers
Industry Engineering - Industrial Equipments Compare with Industry peers
Website http://www.salasartechno.com
Market Cap 695.98 Cr.
Enterprise Value(EV) 919.32 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 11.88 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 20.79 Trailing Twelve Months Ending 2021-12
Industry PE 41.71 Trailing Twelve Months Ending 2021-12
Book Value / Share 95.93 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.57 Calculated using Price: 247.00
Dividend Yield 0.21 Period Ending 2021-03
No. of Shares Subscribed 2.86 Cr. 28,570,528 Shares
FaceValue 10
Company Profile

The company was originally incorporated as ‘Salasar Petrochemicals Private Limited’ under the provisions of the Companies Act, 1956 vide certificate of Incorporation dated October 24, 2001. The company was renamed as Salasar Techno Engineering Private Limited and fresh certificate of incorporation consequent upon change of name was issued by the RoC on June 13, 2006. Subsequently, the Company was converted into a public limited company pursuant to a resolution of their Shareholders at an extraordinary general meeting held on August 02, 2016, and, the name of Company was changed to Salasar Techno Engineering Limited and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Mumbai (‘RoC’) on August 16, 2016. 

Salasar Techno Engineering is an ISO 9001: 2008, 14001: 2004 and 18001: 2007 certified company managed by experienced and dedicated promoters to address the changing needs of the customers in Infrastructure space. The company commenced its manufacturing/fabrication activities in the Financial Year 2006-07 when first unit became operational. With the addition of a second unit in 2008-09, it now provides all kinds of steel fabrication and infrastructure solutions in addition to Telecom Towers and its projects have been executed in all kinds of geographical locations nationally. In addition, the company undertake civil foundation work, erection of towers both telecom & transmission at site including painting. Also, it has undertaken EPC Turnkey projects for solar mounting structures for its clients.
Business area of the company.

The company is a provider of customised steel fabrication and infrastructure solutions in India for Telecommunication Towers, Transmission Towers & Substation Structures and Solar Module Mounting Structures. It provides 360 degree solutions by carrying out engineering, designing, fabrication, galvanization and deployment. The company’s products include Telecommunication Towers, Power Transmission Line Towers, Smart Lighting Poles, Monopoles, Guard Rails, Substation Structures, Solar Module Mounting Structures and Customized Galvanized & Non-galvanized steel structures.

Major events and milestones:

  • 2005: The company ‘Salasar Petrochemicals Private Limited’ was taken over by Promoters which was having factory land at Uttar Pradesh.
  • 2007: The name of the company changed from Salasar Petrochemicals Private Limited to Salasar Techno Engineering Private Limited vide fresh certificate of incorporation dated June 13, 2006.
  • 2007: Started its production at Unit 1, Khasra, Distt Hapur in Uttar Pradesh.
  • 2008: Setup of Second unit situated at Khasra, Ghaziabad in Uttar Pradesh, India.
  • 2010: Expansion of Unit II by acquiring land & building situated at Khasra, Ghaziabad in Uttar Pradesh, India.
  • 2011: Incorporation of Salasar Stainless Limited as a Wholly Owned Subsidiary of company.
  • 2012: New plant started in subsidiary Company at Khasra (U.P.) to manufacture stainless steel pipes.
  • 2014: Takeover of Ganges Concast Industries by Salasar Stainless (Wholly Owned Subsidiary of company).
  • 2014: Acquisition of land situated at Khasra in Uttar Pradesh to consolidate with unit I.
  • 2017: Conversion of company into a public limited Company and change of name to Salasar Techno Engineering Limited vide fresh certificate of incorporation dated August 16, 2016.
  • 2017: Amalgamation of Ganges Concast Industries Limited with Salasar Stainless Limited.
  • 2017: Installation of the Galvanizing Plant at its wholly-owned subsidiary Company ‘Salasar Stainless Limited’ for further expansion in capacity.
  • 2017: Entered into a Joint Venture in the form of Association of Person (AOP) with Sikka Engineering Limited, namely Sikka Salasar JV.
  • 2018: Land purchased for expansion of Business.
  • 2018: Approval for technical qualification received from Power Grid Corporation for supply of towers/tower parts for Transmission Lines for Unit 1.

Awards and accreditations

  • 2014: Robust and long standing business collaboration with Ramboll’s Telecom Consulting arm by maintaining the No. 1 position as their Indian Partner for tower supply.
  • 2014: Winner of the prestigious 'Gold Award' for support in Infra- Towers from Indus Towers in 2014 as an acknowledgement of focus in delivering excellence to customers.
  • 2014: Winner of 'Hero Award' from Indus Towers commending zero fatalities and upholding high Environment, Health and Safety standards at site in its UP(East) Circle for March 2014.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.02%
1 Week
+4.84%
1 Month
-4.85%
3 Month
+13.67%
6 Month
-5.44%
1 Year
-6.83%
2 Year
+371.55%
5 Year
10 Year
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 10.24 11.64 10.33 15.78 21.73 23.18 19.10 11.28 13.00
Return on Capital Employed (%) 14.02 16.66 14.38 18.99 24.16 23.82 22.89 13.63 14.95
Return on Assets (%) 3.49 3.42 3.18 6.07 8.66 9.50 7.92 4.83 5.94

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 51 57 64 76 97 159 189 207 253 267
Non Curr. Liab. 21 23 17 16 20 18 21 11 42 47
Curr. Liab. 88 127 106 85 139 192 262 236 258 291
Minority Int. 0 0
Equity & Liab. 159 207 188 176 255 368 472 454 553 605
Non Curr. Assets 39 55 55 56 67 79 86 106 128 145
Curr. Assets 120 152 133 120 188 289 387 348 425 460
Misc. Exp. not W/O 0 0 0
Total Assets 159 207 188 176 255 368 472 454 553 605

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 213 292 330 310 384 495 655 526 597 718
Other Income 0 0 0 0 0 1 1 2 10 7
Total Income 213 293 330 310 385 496 656 528 607 725
Total Expenditure -196 -269 -302 -281 -346 -441 -582 -474 -540 -646
PBIDT 17 23 28 29 39 55 74 54 67 79
Interest -8 -11 -10 -9 -7 -8 -16 -21 -18 -21
Depreciation -2 -2 -6 -3 -3 -4 -5 -5 -6 -7
Taxation -2 -4 -4 -6 -10 -14 -20 -6 -14 -17
Exceptional Items -2 1 0
PAT 5 6 6 11 19 30 33 22 30 34
Minority Interest 0 0
Share Associate
Other Related Items
Consolidated Net Profit 5 6 6 11 19 30 33 22 30 34
Adjusted EPS 5 6 6 11 11 13 8 10 12

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. -5 4 14 22 30 12 -43 -12 31 -7
Cash Fr. Inv. -9 -4 -18 -7 -6 -18 -16 -14 -22 -24
Cash Fr. Finan. 13 1 5 -16 -24 5 65 22 -11 30
Net Change -1 0 2 -1 0 0 6 -4 -1 0
Cash & Cash Eqvt 2 2 4 3 2 0 6 2 1 0

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 74.94 74.94 74.94 74.94 71.99 69.70 69.70 69.70 69.70
Public 25.06 25.06 25.06 25.06 28.01 30.30 30.30 30.30 30.30
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Sat, 07 May 2022
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Pursuant to Sections 110 and 108 of the Companies Act 2013 read with Rules 20 and 22 of the Companies (Management and Administration) Rules 2014 as amended from time to time and the Regulation 30 of SEBI Listing Regulations this is to inform that the Postal Ballot Notice copy enclosed for reference are being sent through e-mail to the Shareholders of the Company whose e-mail ids are registered with Depository and/ or Companys Registrar and Share Transfer Agent as on cut-off date i.e. 29th April 2022 for seeking their approval by way of postal ballot in the following matters:Item No. Description1. Ordinary Resolution: Approval for Sub-division of Equity Shares of the Company2. Ordinary Resolution: Approval for Alteration of the Capital Clause of the Memorandum of Association of the Company
Sat, 07 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 please find enclosed herewith copies of newspaper advertisements published today i.e. May 07 2022 in Business Standard (English) & Business Standard (Hindi) regarding completion of dispatch of Postal Ballot Notice through email and information for remote e-Voting.
Sat, 30 Apr 2022
Corporate Action-Outcome of Sub division / Stock Split
This is in furtherance to our letter dated April 18 2022 we wish to inform that the Board of Directors of the Company at its meeting held today i.e. April 30 2022 at 11:30 a.m. and concluded at 12:15 p.m. has inter alia considered and approved the following matters:-a) Alteration in the capital of the Company by sub-division/split of existing equity share of the Company from one equity share having face value of Rs. 10/- (Rupees Ten only) each fully paid-up into Ten (10) equity shares having face value of Rs. 1/- (Rupees One only) each fully paid-up subject to the approval of shareholders of the Company. The Record Date will be intimated in due course. b) Alteration of the Capital Clause (Clause V) of the Memorandum of Association of the Company (MoA) on account of sub-division of equity shares subject to approval of shareholders of the Company.

Technical Scans View Details

Wed, 18 May 2022
High Decrease 1 Month High Decrease 1 Month
High Increase 3 Months High Increase 3 Months
High Increase 2 Years High Increase 2 Years
Closing Near 50 SMA Closing Near 50 SMA
Closing Near 100 SMA Closing Near 100 SMA

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Siemens Ltd. 83,652.65 2,349.00 +1.7%
Havells India Ltd. 77,811.89 1,242.40 -0.8%
Bharat Electronics Ltd. 56,748.25 232.90 +0.1%
ABB India Ltd. 48,266.37 2,277.70 -0.8%
Thermax Ltd. 25,795.55 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. 25,340.39 175.75 +4.5%
Bharat Heavy Electricals Ltd. 17,323.27 49.75 -0.4%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Siemens Ltd. Consolidated 2022-03 79.58 2,349.00 +1.7%
Havells India Ltd. Consolidated 2022-03 65.03 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-12 21.72 232.90 +0.1%
ABB India Ltd. Consolidated 2012-12 342.46 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-12 81.34 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2022-03 27.75 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-12 0.00 49.75 -0.4%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Siemens Ltd. Consolidated 2022-03 7.87 2,349.00 +1.7%
Havells India Ltd. Consolidated 2022-03 12.96 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-12 4.71 232.90 +0.1%
ABB India Ltd. Consolidated 2012-12 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-12 7.62 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2022-03 25.24 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-12 0.68 49.75 -0.4%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Siemens Ltd. Consolidated 2021-09 0.00 2,349.00 +1.7%
Havells India Ltd. Consolidated 2021-03 0.10 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-03 0.00 232.90 +0.1%
ABB India Ltd. Consolidated 2021-12 0.00 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-03 0.10 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2021-03 -11.98 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 0.19 49.75 -0.4%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Siemens Ltd. Consolidated 2021-09 10.99 2,349.00 +1.7%
Havells India Ltd. Consolidated 2021-03 22.02 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-03 19.59 232.90 +0.1%
ABB India Ltd. Consolidated 2021-12 13.92 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-03 6.58 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2021-03 0.00 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 -10.04 49.75 -0.4%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Siemens Ltd. Consolidated 2021-09 10.99 2,349.00 +1.7%
Havells India Ltd. Consolidated 2021-03 22.02 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-03 19.59 232.90 +0.1%
ABB India Ltd. Consolidated 2021-12 13.92 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-03 6.58 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2021-03 0.00 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 -10.04 49.75 -0.4%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Siemens Ltd. Consolidated 2021-09 13,780.60 2,349.00 +1.7%
Havells India Ltd. Consolidated 2021-03 10,457.30 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-03 14,108.69 232.90 +0.1%
ABB India Ltd. Consolidated 2021-12 6,934.00 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-03 4,791.25 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2021-03 2,963.95 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 17,308.69 49.75 -0.4%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Siemens Ltd. Consolidated 2021-09 1,090.40 2,349.00 +1.7%
Havells India Ltd. Consolidated 2021-03 1,044.31 1,242.40 -0.8%
Bharat Electronics Ltd. Consolidated 2021-03 2,069.34 232.90 +0.1%
ABB India Ltd. Consolidated 2021-12 532.49 2,277.70 -0.8%
Thermax Ltd. Consolidated 2021-03 206.58 2,164.85 +4.5%
CG Power and Industrial Solutions Ltd. Consolidated 2021-03 1,279.60 175.75 +4.5%
Bharat Heavy Electricals Ltd. Consolidated 2021-03 -2,743.84 49.75 -0.4%