Salasar Techno Share Price Target 2024-2030 Fundamentals & Quarterly Results

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.Salasar Techno Share Price Target

Salasar Techno Overview

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 NameSalasar Techno Engineering Ltd
Listed atNSE & BSE
Head OfficeE-20, South Extension I, New Delhi – 110049 Delhi
Board Of Directors
  • Mr.Alok Kumar Chairman & Managing Director
  • Mrs.Garim Dhamija Ind. Non-Executive Director
  • Mr.Sanjay Chandak Ind.& Non Exe.Director
  • Mr.Vijay Kumar Jain Ind.& Non Exe.Director
  • Mr.Mukesh Kumar Garg Ind.& Non Exe.Director
  • Mr.Shashank Agarwal Joint Managing Director
  • Ms.Tripti Gupta Whole Time Director
  • Mr.Shalabh Agarwal Whole Time Director
Official Websitesalasartechno.com

Also Check Muthoot Microfin Share Price Target

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.

Also Check Engineers India Share Price Target

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

Also Check Sail Share Price Target

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.

Also Check Karur Vysya Bank Share Price Target

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

Also Check Sigachi Share Price Target

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.

Also Check Campus Share Price Target

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.

Also Check Canara Bank Share Price Target

Salasar Techno Fundamentals & Quarterly Results

MetricValue
Market Cap₹ 3,377 Cr.
Current Price₹ 19.9
High / Low₹ 34.1 / 8.71
Stock P/E63.8
Book Value₹ 2.85
Dividend Yield0.10 %
ROCE15.7 %
ROE12.4 %
Face Value₹ 1.00
Debt to equity0.78
Debt Capacity-0.08
Debt preceding year₹ 273 Cr.
Debt₹ 350 Cr.
Reserves₹ 292 Cr.
EPS₹ 0.34
EPS last year₹ 0.34
Pledged percentage4.02 %
FCF Prev Ann₹ -69.5 Cr.
EV/EBITDA29.4
Industry PE26.1
PEG Ratio6.56
Piotroski score4.00
Earnings yield3.12 %
Sales growth 5Years13.0 %

Also Check Samvardhana Motherson Share Price Target

Salasar Techno Quarterly Results

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Sales174212211259241295262275304367
Expenses157196194238217265238250266331
Operating Profit17161721243024253736
OPM %10%8%8%8%10%10%9%9%12%10%
Other Income0010010002
Interest6669898111213
Depreciation2222222233
Profit before tax1091011141914122323
Tax %27%18%26%29%26%23%26%27%28%26%
Net Profit777811151091717
EPS in Rs0.050.050.050.050.070.090.060.060.110.11

Also Check Wipro Share Price Target

CAGR Report

Metric10 Years5 Years3 YearsTTM / 1 Year
Compounded Sales Growth15%13%27%20%
Compounded Profit Growth25%10%21%30%
Stock Price CAGR62%43%117%
Return on Equity14%12%12%12%

Also Check Wockhardt Share Price Target

Salasar Techno Shareholding Pattern

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Apr 2024
Promoters74.94%74.94%74.94%74.94%69.70%63.07%63.07%58.76%
FIIs0.75%0.19%0.16%0.00%0.55%9.03%3.00%6.27%
DIIs0.40%0.05%0.07%0.00%0.00%0.03%0.00%0.00%
Public23.91%24.82%24.83%25.06%29.75%27.86%33.92%34.95%
No. of Shareholders8,5498,4378,4925,68822,36531,9514,50,2794,50,357

Salasar Techno Share Price Target 2024-2030 Forecast

YearInitial TargetMid-Year TargetYear-End Target
2024₹50₹85₹102
2025₹104₹98₹116
2026₹118₹110₹132
2027₹135₹127₹151
2028₹154₹145₹172
2029₹175₹165₹198
2030₹202₹189₹225

SALASAR Techno Share Price Target 2025

MonthTarget
January₹104
February₹106
March₹108
April₹104
May₹101
June₹98
July₹102
August₹106
September₹110
October₹112
November₹114
December₹116

SALASAR Techno Share Price Target 2026

MonthTarget
January₹118
February₹120
March₹122
April₹118
May₹114
June₹110
July₹114
August₹119
September₹124
October₹126
November₹129
December₹132

SALASAR Techno Share Price Target 2027

MonthTarget
January₹135
February₹138
March₹141
April₹136
May₹131
June₹127
July₹132
August₹137
September₹142
October₹145
November₹148
December₹151

SALASAR Techno Share Price Target 2028

MonthTarget
January₹154
February₹157
March₹160
April₹155
May₹150
June₹145
July₹151
August₹157
September₹163
October₹166
November₹169
December₹172

SALASAR Techno Share Price Target 2029

MonthTarget
January₹175
February₹179
March₹183
April₹177
May₹171
June₹165
July₹172
August₹179
September₹186
October₹190
November₹194
December₹198

SALASAR Techno Share Price Target 2030

MonthTarget
January₹202
February₹206
March₹210
April₹203
May₹196
June₹189
July₹197
August₹205
September₹213
October₹217
November₹221
December₹225

Official Website – salasartechno.com

Leave a Comment