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Salasar Techno Engineering Ltd

(SALASAR)

₹19.120.31%

as on 04:01PM, 11 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Salasar Techno Engineering Ltd Performance

  • Day's Low

    Day's High

    ₹18.94
    ₹19.36
  • 52 Week's Low

    52 Week's High

    ₹8.73
    ₹33.95
1 Month Return-13.13 %
3 Month Return+ 2.68 %
1 Year Return+ 92.57 %
Previous Close₹19.18
Open₹19.22
Volume48.60L
Upper Circuit-
Lower Circuit-
Market Cap₹3,311.95Cr

Salasar Techno Engineering Ltd Key Statistics

P/E Ratio55.75
PEG Ratio928.09
Market Cap₹3,311.95 Cr
P/B Ratio7.05
EPS0.34
Dividend Yield0
SectorSteel
ROE12.1

Salasar Techno Engineering Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹3,311.95 Cr356.08%0.72₹52 Cr₹1,208 Cr
NA₹17,557.40 Cr661.13%0.52₹508 Cr₹3,868 Cr
NA₹559.50 Cr186.56%0.50NANA
NA₹171.30 Cr646.32%1.38NANA
BUY₹6,306.52 Cr194.42%0.64₹297 Cr₹6,146 Cr

About Salasar Techno Engineering Ltd

Salasar Techno Engineering Ltd. is one of India's leading providers of customized steel fabrication and infrastructure solutions operating in India, offering 360 degree solutions in engineering, designing, fabrication, galvanization and deployment. With three production facilities in Hapur, Uttar Pradesh, they are among the top manufacturers of Telecom Towers in India with a portfolio having 25000 towers since inception. The Company has raised Rs 35.86 crore via a Fixed Priced Initial Public Offer (IPO) in 2017. With a staff of qualified personnel and state-of-the-art production facilities, they have received orders for 300 telecom towers from Reliance JIO worth Rs 35 crore and 100 telecom towers worth Rs 14 crore from Nepal. Their services include Rural Electrification, Power Transmission Lines, Solar Power Plants and customized galvanized and non-galvanized steel structures. Salasar Techno Engineering Ltd. is renowned for their engineering capabilities and commitment to quality, having merged with a wholly owned subsidiary Salasar Stainless Ltd. in 2018.

Share Price: ₹19.12 per share as on 11 Oct, 2024 04:01 PM
Market Capitalisation: ₹3,311.95Cr as of today
Revenue: ₹294.00Cr as on June 2024 (Q2 24)
Net Profit: ₹10.49Cr as on June 2024 (Q2 24)
Listing date: 25 Jul, 2017
Chairperson Name: Alok Kumar
OrganisationSalasar Techno Engineering Ltd
Headquarters
IndustrySteel
E-voting on sharesClick here to vote

Key events for Salasar Techno Engineering Ltd

  • Salasar Techno Engineering Shares Surge Amid FII Stake Increase - 09 Oct, 2024

    Salasar Techno Engineering shares rose by 5% to Rs 19.56, driven by increased stake from FIIs. The stock has gained for two consecutive sessions, trading above some moving averages.

  • Salasar Techno Engineering Shares Surge Amid FII Stake Increase - 20 Sep, 2024

    Salasar Techno Engineering shares rose approximately 5% following an increase in foreign institutional investors' (FIIs) stake from 6.27% to 8.42% in June 2024. The stock opened at Rs 21.10 and was last seen trading at Rs 21.81, reflecting positive market sentiment.

  • Salasar Techno Engineering Shares Surge and Double Returns - 16 Sep, 2024

    On September 16, 2024, Salasar Techno Engineering shares rose 9% intraday, reflecting a 120% increase over the past year and a 70% gain in 2024. The stock's strong performance highlights its appeal among investors.

  • Salasar Techno Engineering Stock Surges Post Bonus Issue - 12 Sep, 2024

    Salasar Techno Engineering's stock has rallied 23.3% over five days, driven by increased FII interest and a 4:1 bonus issue. The stock is up 121.29% year-on-year, with a market valuation of Rs 3,734.17 crore. Q1FY25 net profit grew by 3.4%, and the order book stands at Rs 2,401.9 crore.

  • Salasar Techno Shares Surge Amid Increased FII Stake - 10 Sep, 2024

    Salasar Techno Engineering shares rose 5% on heavy volumes, with FIIs increasing their stake from 6.27% to 8.42% in Q1. The stock has delivered a remarkable 108% return over the past year and 64% in 2024. It has consistently outperformed moving averages and has seen significant investor participation.

Insights on Salasar Techno Engineering Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SALASAR has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 6.27% to 8.42% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, SALASAR has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.96% to 35.61% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 58.76% to 55.97% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 369.54 Cr → 294.9 Cr (in ₹), with an average decrease of 20.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, SALASAR stock has moved down by -13.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 16.97 Cr → 10.49 Cr (in ₹), with an average decrease of 38.2% per quarter

Salasar Techno Engineering Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹261.86Cr (-)₹275.35Cr (↑5.15%)₹303.88Cr (↑10.36%)₹367.33Cr (↑20.88%)₹294.00Cr (↓19.96%)
Net Income₹10.15Cr (-)₹9.05Cr (↓10.84%)₹16.76Cr (↑85.19%)₹16.97Cr (↑1.25%)₹10.49Cr (↓38.19%)
Net Profit Margin3.88% (-)3.29% (↓15.21%)5.52% (↑67.78%)4.62% (↓16.30%)3.57% (↓22.73%)
Value in ₹ crore
Details2021202220232024
Total Assets₹544.15Cr (-)₹673.85Cr (↑23.84%)₹912.06Cr (↑35.35%)₹1,138.48Cr (↑24.83%)
Total Liabilities₹292.37Cr (-)₹392.39Cr (↑34.21%)₹512.17Cr (↑30.53%)₹690.42Cr (↑34.80%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹30.98Cr (-)-₹4.45Cr (↓114.36%)₹1.79Cr (↓140.22%)-₹3.84Cr (↓314.53%)₹47.11Cr (↓1,326.82%)

Index Inclusions

S&P BSE Indus.

₹15,601.80

0.06 (8.73%)

BSE Small-Cap

₹56,600.09

0.44 (246.73%)

S&P BSE AllCap

₹10,896.94

0.07 (7.15%)

Salasar Techno Engineering Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
55.97%
-4.75
Foreign Institutions
8.42%
34.27
Mutual Funds
0%
0.00
Retail Investors
35.61%
1.84
Others
0%
-33.33

Salasar Techno Engineering Ltd Key Indicators

Details20202021202220232024
Return On Equity %11.1612.811.9311.7712.1
Details20202021202220232024
Return On Assets %4.935.454.674.44.65
Details20202021202220232024
Book Value Per Share (₹)1.561.771.982.542.85
Details20202021202220232024
Earning Per Share (₹)0.170.210.220.260.34

Salasar Techno Engineering Ltd Valuation

Salasar Techno Engineering Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.97x)

February 6, 2018

Industry (26.19x)

October 10, 2024

Today (55.75x)

October 10, 2024

Highest (104.77x)

February 7, 2024

LowHigh

Salasar Techno Engineering Ltd Earnings and Dividends

  • Salasar Techno Engineering Ltd Earnings Results

    Salasar Techno Engineering Ltd’s net profit jumped 3.45% since last year same period to ₹10.49Cr in the Q1 2024-2025. On a quarterly growth basis, Salasar Techno Engineering Ltd has generated -38.19% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Salasar Techno Engineering Ltd Dividends May,2023

    In the quarter ending March 2023, Salasar Techno Engineering Ltd has declared dividend of ₹0.10 - translating a dividend yield of 1.04%.

    Read More about Dividends

Salasar Techno Engineering Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Salasar Techno Engineering Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Salasar Techno Engineering Ltd

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Salasar Techno Engineering Ltd (SALASAR) share price today is ₹19.12

Salasar Techno Engineering Ltd is listed on NSE

Salasar Techno Engineering Ltd is listed on BSE

  • Today’s highest price of Salasar Techno Engineering Ltd is ₹19.36.
  • Today’s lowest price of Salasar Techno Engineering Ltd is ₹18.94.

PE Ratio of Salasar Techno Engineering Ltd is 55.75

PE ratio = Salasar Techno Engineering Ltd Market price per share / Salasar Techno Engineering Ltd Earnings per share

Today’s traded volume of Salasar Techno Engineering Ltd(SALASAR) is 48.60L.

Today’s market capitalisation of Salasar Techno Engineering Ltd(SALASAR) is ₹3311.95Cr.

Salasar Techno Engineering Ltd(SALASARPrice
52 Week High
₹33.95
52 Week Low
₹8.73

Salasar Techno Engineering Ltd(SALASAR) share price is ₹19.12. It is down -43.68% from its 52 Week High price of ₹33.95

Salasar Techno Engineering Ltd(SALASAR) share price is ₹19.12. It is up 119.01% from its 52 Week Low price of ₹8.73

Salasar Techno Engineering Ltd(SALASARReturns
1 Day Returns
-0.06%
1 Month Returns
-13.13%
3 Month Returns
2.68%
1 Year Returns
92.57%