Salasar Techno Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – Salasar Techno Engineering Co. has been listed in the stock market lately; hence, the performance has not been good with a low demand from traders who perceive them as fallback options. Meanwhile, although there is little uptrend of company’s stocks at present rates according to some forecasts but there will not actually be any significant growth unless an abrupt upward leap in share prices becomes a reality.
Latest Update -MRF Ltd declared that its net profits on consolidated basis quarter ending June 2024 was at Rs 571 crore which is 3% lower than what it made last year during the same period which was Rs 589 Crores. Salasar Techno Engineering Ltd’s net profit recorded in Q1 of FY 2024-2025 exhibited a 3.45% increase compared to last year same period with value of ₹10.49Cr.
Salasar Techno Overview
Contents
Founded in 2006 by a tower manufacturer, Salasar Engineering Limited has grown rapidly into a constructor of steel structures and an EPCI infrastructure company providing services in the telecom, power, and railway industries.
Company Name | Salasar Techno Engineering Ltd |
Listed at | NSE & BSE |
Head Office | E-20, South Extension I, New Delhi – 110049 Delhi |
Board Of Directors |
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Official Website | salasartechno.com |
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Salasar Business Profile
The company offers a range of services to telecom and solar sector by using engineering, design, production, hot-dip galvanizing as well as erection activities including; tower supply and installation of transmission line towers in the EPC area.
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Product List
a) Telecom Towers
b) Pre-Fabricated Buildings
c) EPC Projects for Railway electrification
d) EPC Projects for Transmission Lines
e) Buildings and Bridges
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Geographical Presence
STEL has its presence Pan-India and has been exporting to over 25 nations including nations such as West Africa, East Africa, Central Africa, Philippines, Saudi Arabia, Nepal, Myanmar etc.
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Manufacturing Facility
The company also has a total of three manufacturing units in Uttar Pradesh where they make steel structures while using various tools including CNC Machines as well as others that help in moving products from one point within it to another such as hydra and cranes.
A) Tower/Structure manufacturing and Galvanization – 1,96,000 MTPA
B) Heavy Steel Structural Division – 15,000 MTPA
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Collaboration
To enable Technical Design and Quality Control of their Telecommunication Towers, Monopoles, Poles, and Smart Poles Co has joined hands with the top consulting firm in the world, which is Ramboll.
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Joint Venture
Salasar Adrous LLP was co-founded as a joint venture between Co. and Adrous Advisors Pvt. Ltd. to focus on infrastructure projects related to railway tracks and other transport systems.Coincidentally, Bangalore Metro Corporation Ltd awarded its first contract worth Rs. 252 crore to this joint venture company for constructing ballast-less tracks of meter-gauge rail line in collaboration with Texmaco Rail and Engineering Ltd. for design, supply, installation, testing and commissioning process.
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Salasar Techno Fundamentals & Quarterly Results
Metric | Value |
---|---|
Market Cap | ₹ 3,377 Cr. |
Current Price | ₹ 19.9 |
High / Low | ₹ 34.1 / 8.71 |
Stock P/E | 63.8 |
Book Value | ₹ 2.85 |
Dividend Yield | 0.10 % |
ROCE | 15.7 % |
ROE | 12.4 % |
Face Value | ₹ 1.00 |
Debt to equity | 0.78 |
Debt Capacity | -0.08 |
Debt preceding year | ₹ 273 Cr. |
Debt | ₹ 350 Cr. |
Reserves | ₹ 292 Cr. |
EPS | ₹ 0.34 |
EPS last year | ₹ 0.34 |
Pledged percentage | 4.02 % |
FCF Prev Ann | ₹ -69.5 Cr. |
EV/EBITDA | 29.4 |
Industry PE | 26.1 |
PEG Ratio | 6.56 |
Piotroski score | 4.00 |
Earnings yield | 3.12 % |
Sales growth 5Years | 13.0 % |
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