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Prices as of 9 Oct 2026 close · Not investment advice

Salasar Techno Engineering Limited

NSE: SALASARIndustrial Products

Share price

₹4.08

-0.24% close of 9 Oct 2026

Market cap ₹714 CrP/E 52.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

46

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹714 Cr

P/E ratio

52.1

P/B ratio

0.9

ROCE

8.1%

ROE

2.1%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹10.7952-week low ₹4.04

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 4.0% over the past year, and 16.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 9.0% to 7.1% over the last four years.

Whether it grew faster than its sector

It grew 16.0% a year against a sector median of 10.6% — 5.4 percentage points faster.

Room to re-rate, or risk of de-rating

At 52.1× earnings it costs 2.2× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 89.5×, across 5 companies. It is against its own five-year median of 50.7×, the 52nd percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Salasar Techno Engineering Limited — this one-25%/yr52.1×—
INDOMIM8%/yr107.0×₹13.4
Aditya Infotech Limited48%/yr105.3×₹2.2
Syrma SGS Technology Limited39%/yr89.5×₹2.3
Honeywell Automation India Limited7%/yr53.0×₹7.6
Jyoti CNC Automation Limited157%/yr69.6×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Industrial Products), it ranks 63 of 75 on returns, 28 of 75 on growth, 63 of 75 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 8.1% on capital, ahead of 16% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years it made ₹121 crore of cash from the business but spent ₹216 crore on plant and equipment, ₹95 crore more than it made; the gap was mostly borrowed — borrowings rose from ₹249 crore to ₹422 crore. But only about 49 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up. Its cash comes back faster than it used to: it went from being waiting 80 days for its cash to waiting 39 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹296 Cr

Revenue vs last year

-1.5%

Revenue vs last quarter

-33.5%

Net profit

₹5 Cr

Profit vs last year

-41.5%

Net margin

1.7%

EPS

₹0.03

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹714 Cr
Prev close
₹4.08
52w High
₹11.0
52w Low
₹3.8
Enterprise value
₹1,092 Cr
Beta
1.5
Price CAGR 1y
-52.0%
Price CAGR 3y
-25.0%
Price CAGR 5y
-5.0%
Price CAGR 10y
—

Ratios

Return on assets
0.8%
PEG ratio
-2.1
P/E ratio
52.1
P/B ratio
0.9
EV / EBITDA
10.5
Industry P/E
36.1
ROCE
8.1%
ROCE 5y average
12.4%
ROE
2.1%
Debt / Equity
0.5
Interest coverage
1.7
Dividend yield
0.0%
ROE 3y average
5.0%
ROE last year
2.0%

Annual P&L

Annual revenue
₹1,503 Cr
Annual profit
₹18 Cr
Operating margin
7.0%
Net profit margin
1.2%
EBITDA margin
7.5%
Sales growth 3y
14.4%
Sales growth 5y
20.3%
Profit growth 3y
-25.0%
Profit growth 5y
-10.0%
EPS
₹0.1
Sales growth TTM
4.0%
Profit growth TTM
-36.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹296 Cr
Profit latest quarter
₹5 Cr
YoY quarterly sales growth
-1.5%
YoY quarterly profit growth
-41.5%
OPM latest quarter
7.4%

Balance Sheet

Book Value
₹4.8
Face Value
₹1.0
Total debt
₹422 Cr
Total cash
₹44 Cr
Borrowings
₹422 Cr
Reserves / Equity
3.8

Cash Flow

Operating cash flow
₹73 Cr
Free cash flow
-₹3 Cr
FCF yield
-8.3%
Net cash flow
-₹2 Cr

Shareholding

Promoter holding
44.5%
FII holding
5.9%
DII holding
0.0%
Public holding
49.6%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Indo-MIM1,258.2596.462,2180.00240.131.61,218.79.425.0
Aditya Infotech3,923.25100.848,1100.04142.2332.51,402.489.528.6
Syrma SGS Tech.1,707.5588.732,9270.09105.7101.21,588.668.316.8
Honeywell Auto32,357.6051.128,6040.33150.720.91,204.41.816.9
Jyoti CNC Auto.1,001.0070.822,7650.0057.1-20.0508.524.021.3
Kaynes Tech3,257.3063.021,8960.0056.4-24.4946.040.512.7
LMW16,330.0095.517,4450.2155.5369.2860.724.05.6
Salasar Techno4.0852.17130.005.1-41.4295.5-1.58.1
Median341.1535.16790.005.733.175.423.716.2

Competes with: Aditya Infotech Limited, Honeywell Automation India Limited, INDOMIM, Jyoti CNC Automation Limited, Kaynes Technology India Limited, LLOYDS ENGINEERING WORKS LIMITED, LMW Limited, Syrma SGS Technology Limited, Tega Industries Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales262275304367294281375483300427331445296
Expenses238250266331266256343456270385304431274
Material Cost381250376302344252
Change in Inventories26-11-29-3922-21
Purchases of Stock-in-Trade000000
Employee Cost161618171918
Other Expenses331620244624
Operating Profit24253736282632273042271422
OPM %9.019.05129.939.609.118.455.689.979.818.013.157.42
Other Income0.490.310.462.210.901.740.71-3.911.641.612.303.573.50
Exceptional items (within Other Income)-6.5600000
Interest8.19111213121213141413141415
Depreciation2.232.292.802.9033.063.094.746.056.816.506.216.55
Profit before tax141223231412164.9412247.93-2.943.65
Tax %26272826262227206253218365-41
Net Profit109.051717109.6812-5.238.79166.52-145.14
EPS in Rs0.060.060.110.110.060.060.07-0.030.050.090.03-0.070.03
Diluted EPS in Rs-0.030.050.090.04-0.080.03

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3303103844956555265977191,0051,2081,4471,5031,498
Expenses3022813464415824745406509131,0861,3301,3901,394
Material Cost1,1731,271
Change in Inventories14-57
Purchases of Stock-in-Trade00
Employee Cost6069
Other Expenses87106
Operating Profit282939547352576992122117112104
OPM %89101111101010910877
Other Income-20111210223-6911
Exceptional items (within Other Income)-8.950
Interest10978162118223244525657
Depreciation63345567810192626
Profit before tax10172943532844425472404032
Tax %383635313820322626265256
Net Profit6111930332230314053191814
EPS in Rs0.130.220.190.220.250.170.210.220.250.340.110.100.08
Diluted EPS in Rs0.110.10
Dividend Payout %-0-0-041012598-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
17%
5 years
20%
3 years
14%
TTM
4%

Compounded profit growth

10 years
5%
5 years
-10%
3 years
-25%
TTM
-36%

Stock price CAGR

10 years
—
5 years
-5%
3 years
-25%
1 year
-52%

Return on equity

10 years
9%
5 years
7%
3 years
5%
Last year
2%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5510131313142932158173175
Reserves597087146176194238253369292613659
Borrowings755969109151165198249273350317422
Other Liabilities48429010013282102152240351622898
Minority Interest0.440.55
Total Liabilities1871762553684724545536839141,1511,7252,154
Fixed Assets545562727791113126172239394437
CWIP-00-01-000621-028
Investments0210211000000
Other Assets1331191932953933614305517219121,3301,709
Total Assets1871762553684724545536839141,1511,7252,154

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity223012-43-1231-71-052-5.4773
Cash from Investing Activity-7-6-18-16-14-22-24-27-70-8012-140
Cash from Financing Activity-16-2456522-1130267030-366
Net Cash Flow-1-0-06-4-1-0-0023-2
Free Cash Flow17252-58-2112-34-24-69-45.05-3

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days63717611212114814714912098117157
Inventory Days88781049795100123122186163129193
Days Payable332752354723324151494975
Cash Conversion Cycle118122128174169226238230254211198275
Working Capital Days943740616271908079605939
ROCE %16192424231415131416118

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters636363565553514948474745
FIIs98.8538.426.495.625.2143.554.974.975.90
DIIs000000.09000000
Public282834363941444748484850
No. of Shareholders41,04676,8024,50,2794,41,9984,66,2414,93,7135,11,5515,17,6475,13,9724,93,1284,79,9684,71,081

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -54.5% (₹8.97 → ₹4.08)Brick size ₹0.23 (fixed)Bricks 67
₹6.00₹8.00₹10.00₹4.08Nov '25Jan '26Mar '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹4.08 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

378inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,08,16,649inr

2026-03-31

News

News and filings about Salasar Techno Engineering Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • High-tensile steel fasteners / bolts
  • Structural / mild steel sections (angles, flats, channels, plates)
  • Zinc ingots (Special High Grade, for hot-dip galvanizing)

Depends on the price of

  • steel
  • zinc

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Industrial Products
Classification
Capital Goods › Industrial Products
ISIN
INE170V01027

Business segments

  • Steel Structures · 64%
  • EPC Projects · 36%

Plants

  • Salasar Bhilai Heavy Structural Steel Unit
  • Salasar Khera Galvanizing & Fabrication Plant (Unit III)
  • Salasar Pilkhuwa Fabrication Plant (Units I & II)

News impact

Big market events that reach Salasar Techno Engineering Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

1 Feb 2024bonus₹0
15 Sep 2023unspecified₹0.1
15 Sep 2022unspecified₹0.1
27 Jun 2022split₹0
8 Sep 2021unspecified₹1
13 Jul 2021bonus₹0
17 Sep 2020unspecified₹1
21 Nov 2019interim₹1

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Bulk & block deals

DateWhoBought / soldSharesPrice
24 Jun 2026ALOK KUMARSELL1,35,06,141₹6.63

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.