Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 275.35 | 303.88 | 367.33 | 294.00 | 281.49 | 375.18 | 483.31 | 300.17 | 427.17 | 330.78 | 444.65 | 295.54 |
| Expenses | 250.43 | 266.41 | 330.87 | 265.79 | 255.84 | 343.46 | 455.86 | 270.23 | 385.28 | 304.28 | 430.65 | 273.60 |
| Operating Profit | 24.92 | 37.47 | 36.46 | 28.21 | 25.65 | 31.72 | 27.45 | 29.94 | 41.89 | 26.50 | 14.00 | 21.94 |
| OPM % | 9.05% | 12.33% | 9.93% | 9.60% | 9.11% | 8.45% | 5.68% | 9.97% | 9.81% | 8.01% | 3.15% | 7.42% |
| Other Income | 0.31 | 0.46 | 2.21 | 0.90 | 1.74 | 0.71 | -3.91 | 1.64 | 1.61 | 2.30 | 3.57 | 3.50 |
| Interest | 10.60 | 12.00 | 12.87 | 12.01 | 11.88 | 13.08 | 13.86 | 13.76 | 13.16 | 14.37 | 14.30 | 15.24 |
| Depreciation | 2.29 | 2.80 | 2.90 | 3.00 | 3.06 | 3.09 | 4.74 | 6.05 | 6.81 | 6.50 | 6.21 | 6.55 |
| Profit before tax | 12.34 | 23.13 | 22.90 | 14.10 | 12.45 | 16.26 | 4.94 | 11.77 | 23.53 | 7.93 | -2.94 | 3.65 |
| Tax % | 26.58% | 27.54% | 25.90% | 25.53% | 22.25% | 26.51% | 206.07% | 25.23% | 32.04% | 17.91% | 364.97% | -41.10% |
| Net Profit | 9.05 | 16.76 | 16.97 | 10.49 | 9.68 | 11.94 | -5.23 | 8.79 | 15.99 | 6.52 | -13.67 | 5.14 |
| EPS in Rs | 0.06 | 0.11 | 0.11 | 0.06 | 0.06 | 0.07 | -0.03 | 0.05 | 0.09 | 0.03 | -0.07 | 0.03 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 310 | 384 | 495 | 655 | 526 | 597 | 719 | 1,005 | 1,208 | 1,447 | 1,503 | 1,498 |
| Expenses | 281 | 346 | 441 | 582 | 474 | 540 | 650 | 913 | 1,086 | 1,330 | 1,390 | 1,394 |
| Operating Profit | 29 | 39 | 54 | 73 | 52 | 57 | 69 | 92 | 122 | 117 | 112 | 104 |
| OPM % | 9% | 10% | 11% | 11% | 10% | 10% | 10% | 9% | 10% | 8% | 7% | 7% |
| Other Income | 0 | 1 | 1 | 1 | 2 | 10 | 2 | 2 | 3 | -6 | 9 | 11 |
| Interest | 9 | 7 | 8 | 16 | 21 | 18 | 22 | 32 | 44 | 52 | 56 | 57 |
| Depreciation | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 8 | 10 | 19 | 26 | 26 |
| Profit before tax | 17 | 29 | 43 | 53 | 28 | 44 | 42 | 54 | 72 | 40 | 40 | 32 |
| Tax % | 36% | 35% | 31% | 38% | 20% | 32% | 26% | 26% | 26% | 52% | 56% | |
| Net Profit | 11 | 19 | 30 | 33 | 22 | 30 | 31 | 40 | 53 | 19 | 18 | 14 |
| EPS in Rs | 0.22 | 0.19 | 0.22 | 0.25 | 0.17 | 0.21 | 0.22 | 0.25 | 0.34 | 0.11 | 0.10 | 0.08 |
| Dividend Payout % | 0% | 0% | 4% | 10% | 12% | 5% | 9% | 8% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 17% | 20% | 14% | 4% | ||
| Compounded Profit Growth | 5% | -10% | -25% | -36% | ||
| Stock Price CAGR | % | -6% | -26% | -53% | ||
| Return on Equity | 9% | 7% | 5% | 2% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 10 | 13 | 13 | 13 | 14 | 29 | 32 | 158 | 173 | 175 |
| Reserves | 59 | 70 | 87 | 146 | 176 | 194 | 238 | 253 | 369 | 292 | 613 | 659 |
| Borrowings | 75 | 59 | 69 | 109 | 151 | 165 | 198 | 249 | 273 | 350 | 317 | 422 |
| Other Liabilities | 48 | 42 | 90 | 100 | 132 | 82 | 102 | 152 | 240 | 351 | 622 | 898 |
| Total Liabilities | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 | 2,154 |
| Fixed Assets | 54 | 55 | 62 | 72 | 77 | 91 | 113 | 126 | 172 | 239 | 394 | 437 |
| CWIP | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 6 | 21 | 0 | 2 | 8 |
| Investments | 0 | 2 | 1 | 0 | 2 | 1 | 10 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 133 | 119 | 193 | 295 | 393 | 361 | 430 | 551 | 721 | 912 | 1,330 | 1,709 |
| Total Assets | 187 | 176 | 255 | 368 | 472 | 454 | 553 | 683 | 914 | 1,151 | 1,725 | 2,154 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 22 | 30 | 12 | -43 | -12 | 31 | -7 | 1 | -0 | 52 | -5 | 73 |
| Cash from Investing Activity | -7 | -6 | -18 | -16 | -14 | -22 | -24 | -27 | -70 | -80 | 12 | -140 |
| Cash from Financing Activity | -16 | -24 | 5 | 65 | 22 | -11 | 30 | 26 | 70 | 30 | -3 | 66 |
| Net Cash Flow | -1 | -0 | -0 | 6 | -4 | -1 | -0 | -0 | 0 | 2 | 3 | -2 |
| Free Cash Flow | 17 | 25 | 2 | -58 | -21 | 12 | -34 | -24 | -69 | -4 | 3 | -3 |
| CFO/OP | 94% | 123% | 58% | -52% | 9% | 74% | 9% | 18% | 15% | 57% | 11% | 79% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 71 | 76 | 112 | 121 | 148 | 147 | 149 | 120 | 98 | 117 | 157 |
| Inventory Days | 88 | 78 | 104 | 97 | 95 | 100 | 123 | 122 | 186 | 163 | 129 | 193 |
| Days Payable | 33 | 27 | 52 | 35 | 47 | 23 | 32 | 41 | 51 | 49 | 49 | 75 |
| Cash Conversion Cycle | 118 | 122 | 128 | 174 | 169 | 226 | 238 | 230 | 254 | 211 | 198 | 275 |
| Working Capital Days | 94 | 37 | 40 | 61 | 62 | 71 | 90 | 80 | 79 | 60 | 59 | 39 |
| ROCE % | 16% | 19% | 24% | 24% | 23% | 14% | 15% | 13% | 14% | 16% | 11% | 8% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 63.07% | 63.07% | 63.07% | 55.97% | 54.95% | 53.41% | 50.95% | 48.91% | 48.03% | 46.59% | 47.23% | 44.50% |
| FIIs | 9.00% | 8.85% | 3.00% | 8.42% | 6.49% | 5.62% | 5.21% | 4.00% | 3.55% | 4.97% | 4.97% | 5.90% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 27.92% | 28.07% | 33.92% | 35.60% | 38.56% | 40.88% | 43.83% | 47.08% | 48.41% | 48.43% | 47.79% | 49.60% |
| No. of Shareholders | 41,046 | 76,802 | 4,50,279 | 4,41,998 | 4,66,241 | 4,93,713 | 5,11,551 | 5,17,647 | 5,13,972 | 4,93,128 | 4,79,968 | 4,71,081 |
Fundamentals
Market Cap₹ 727 Cr.
Current Price₹ 4.16
Stock P/E53.1
Book Value₹ 4.77
ROCE8.13 %
ROE2.13 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)-36%
Consolidated figures.
Valuation
Market capRs 722 Cr
Enterprise valueRs 1,100 Cr
P/E (TTM)52.69x
Price to book0.87x
Price to sales0.48x
EV / EBITDA9.54x
EV / EBIT12.33x
EV / sales0.73x
Price to cash flow9.94x
Earnings yield1.90%
P/E, 3-year average63.56x
P/B, 3-year average3.33x
P/E, 5-year average39.46x
P/B, 5-year average2.13x
Profitability
Operating margin (excl. other income)7.48%
Operating margin (incl. other income)8.08%
EBITDA margin7.70%
Pre-tax margin2.15%
Net profit margin0.91%
Net margin, latest quarter1.69%
ROE2.13%
ROCE8.13%
ROA0.89%
ROE, 3-year average5.89%
ROCE, 3-year average11.14%
ROA, 3-year average2.45%
ROE, 5-year average8.24%
ROCE, 5-year average12.14%
ROA, 5-year average3.49%
ROIC (approx.)3.22%
Tax rate56.23%
Other income / net worth1.09%
Growth
Sales growth (latest year)3.82%
Profit growth (latest year)-9.84%
Sales CAGR, 3 years14.36%
Sales CAGR, 5 years20.29%
Profit CAGR, 3 years-24.60%
Profit CAGR, 5 years-10.30%
Sales growth QoQ-33.53%
Sales growth YoY (latest quarter)-1.54%
Profit growth YoY (latest quarter)-41.36%
Per share
EPS (TTM)Rs 0.08
EPS (latest year)Rs 0.10
EPS (latest quarter)Rs 0.03
EPS, 3-year averageRs 0.18
EPS, 5-year averageRs 2.56
Book value per shareRs 4.77
Sales per shareRs 8.57
Cash flow per shareRs 0.42
Free cash flow per shareRs -0.02
Dividend per share, 5-year averageRs 0.55
Dividends
Dividend payout, 5-year average8.48%
Efficiency
Asset turnover0.70x
Fixed asset turnover3.44x
Inventory turnover2.45x
Inventory days149 days
Debtor days157 days
Debtors turnover2.33x
Creditor days75 days
Cash conversion cycle275 days
Working capital days39 days
Leverage
Total debtRs 422 Cr
Cash and bankRs 44 Cr
Net debtRs 378 Cr
Debt to equity0.51x
Net debt / EBITDA3.28x
Interest coverage1.56x
Current ratio (filing 2026-03-31)1.16x
Quick ratio (filing 2026-03-31)0.77x
Trade payables (filing 2026-03-31)Rs 194 Cr
Owners' fund to total sources38.71%
Debt to assets19.61%
Cash flow
Cash from Operating Activity (latest year)Rs 73 Cr
Cash from Investing Activity (latest year)Rs -140 Cr
Cash from Financing Activity (latest year)Rs 66 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs 102 Cr
Cash from ops / profit, 5 years0.75x
Sales to cash flow20.69x
Statement figures
Net sales (TTM)Rs 1,498 Cr
Net sales (latest year)Rs 1,503 Cr
Sales (latest quarter)Rs 296 Cr
Operating profit excl. other income (latest year)Rs 112 Cr
Operating profit (latest quarter)Rs 22 Cr
Other income (TTM)Rs 11 Cr
EBITDA (TTM)Rs 115 Cr
PBDT (TTM)Rs 58 Cr
Profit before tax (TTM)Rs 32 Cr
Tax (latest year)Rs 23 Cr
Net profit (TTM)Rs 14 Cr
Net profit (latest year)Rs 17 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 26 Cr
Depreciation (latest quarter)Rs 7 Cr
Interest (TTM)Rs 57 Cr
Cost of goods sold (latest year)Rs 1,231 Cr
Total expenditure (latest year)Rs 1,390 Cr
Total income (latest year)Rs 1,512 Cr
Share capitalRs 175 Cr
ReservesRs 659 Cr
Shareholders' fundsRs 834 Cr
Total assetsRs 2,154 Cr
Net blockRs 437 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 0 Cr
ReceivablesRs 644 Cr
InventoryRs 502 Cr
Other liabilitiesRs 898 Cr
Shares outstanding (crore)174.79
Ownership
Promoter holding44.50% (-4.41 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 52.7 is at the 77th percentile of its own 9.3-year range
(median 32.2, low 3.8, high 112.5).
P/B 0.87 is at the 3th percentile (median 3.39).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | SALASAR | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -15.9% | -2.8% | -13.1 pts |
| 1 month | -29.3% | -6.8% | -22.5 pts |
| 3 months | -32.4% | -7.6% | -24.8 pts |
| 6 months | -26.8% | +0.4% | -27.2 pts |
| 1 year | -53.9% | -9.9% | -44.0 pts |
| 2 years | -80.5% | -13.6% | -67.0 pts |
| 3 years | -60.1% | +14.2% | -74.3 pts |
| 5 years | -26.2% | +27.9% | -54.1 pts |
Red flags
F-score 3 of 8| explain | Receivables outrunning sales Receivables grew 39% vs sales +4% in 2026 |
| explain | Debt up, profit down Borrowings up 33% while net profit fell in 2026 |
| look | Inventory outrunning sales Inventory grew 48% vs sales +4% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Insider trades
NSE insider and takeover-code disclosures| Date | Who | Role | Side | Shares | Value | How |
|---|---|---|---|---|---|---|
| 2026-09-16 | Shashank Agarwal On behalf of Prom | Promoter group | sell | 49,781,600 | SAST Inter-se transfer |
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.
Latest quarter
Jun 2026Sales ₹296 Cr -1.5% vs Jun 2025.
Net profit ₹5 Cr -41.5%.
Against our estimate for Jun 2026: sales +9.3%, profit -22.4% in line. Our estimate for Sep 2026: sales Rs 407 Cr, profit Rs 8 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Indo-MIM Ltd | 61,719 | 95.6 | 25.0 % |
| Aditya Infotech Ltd | 46,814 | 98.1 | 28.6 % |
| Syrma SGS Technology Ltd | 32,638 | 87.9 | 16.8 % |
| Honeywell Automation India Ltd | 30,038 | 53.7 | 17.0 % |
| Jyoti CNC Automation Ltd | 24,091 | 74.9 | 21.3 % |
| Kaynes Technology India Ltd | 23,605 | 68.0 | 12.7 % |
| LMW Ltd | 18,115 | 99.2 | 5.58 % |
| Lloyds Engineering Works Ltd | 15,850 | 70.9 | 16.1 % |
| Tega Industries Ltd | 15,481 | 8.14 % | |
| Kennametal India Ltd | 8,878 | 45.3 | 33.2 % |
| Dynamatic Technologies Ltd | 8,873 | 151 | 10.2 % |
| Standard Engineering Technology Ltd | 8,557 | 100 | 14.7 % |
| Raymond Ltd | 7,894 | 46.9 | 3.14 % |
| Omnitech Engineering Ltd | 6,939 | 66.8 | 17.6 % |
| GMM Pfaudler Ltd | 6,641 | 52.7 | 13.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-09-23 | Annual General Meeting | |
| 2024-02-01 | Bonus 4:1 | 0.2000 |
| 2023-09-15 | Annual General Meeting/Dividend - Re 0.10 Per Share | |
| 2022-09-15 | Annual General Meeting/Dividend - Re 0.10 Per Share | |
| 2022-06-27 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 1/- Per Share | 0.1000 |
| 2021-09-08 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2021-07-13 | Bonus 1:1 | 0.5000 |
| 2020-09-17 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2019-11-21 | Interim Dividend - Re 1 Per Share | |
| 2019-09-19 | Dividend - Rs 1.50 Per Share | |
| 2018-11-15 | Interim Dividend - Re 1 Per Share | |
| 2018-09-19 | Annual General Meeting/Dividend Re 1 Per Share | |
| 2017-11-23 | Interim Dividend - Re 1/- Per Share (Purpose Revised) |
| Date | Type | What it says |
|---|---|---|
| 2026-10-01 | Shareholder meeting | Voting results. |
| 2026-09-30 | Shareholder meeting | Proceedings of 25th Annual General Meeting held on September 30, 2026 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
| Order date | Forum | Case |
|---|---|---|
| 2020-12-08 | NCLT | Salasar Techno Engineering Ltd Vs Prima Telecom Ltd |
| 2020-03-11 | NCLT | Mr. Salasar Techno Engineering Ltd. Vs M/s. Net Soft Consulting |
| 2020-01-30 | NCLAT | Sameer Gulati VS Salasar Techno Engineering Ltd. |
| 2020-01-24 | NCLAT | Sameer Gulati VS Salasar Techno Engineering Ltd. |
| 2020-01-08 | NCLAT | Sameer Gulati VS Salasar Techno Engineering Ltd. |
| 2020-01-02 | NCLAT | Sameer Gulati VS Salasar Techno Engineering Ltd. |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
High low price variation greater than 100perc in previous 6 monthsHigh low price variation greater than 150perc in previous 12 monthsScrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Salasar Techno Engineering Ltd?
Salasar Techno Engineering Ltd (SALASAR) has a market capitalisation of Rs 727 Cr. at the 2026-10-01 close.
What is the P/E ratio of Salasar Techno Engineering Ltd?
Salasar Techno Engineering Ltd trades at a P/E of 53.1 on trailing twelve-month profit, at the 2026-10-01 close.
What were Salasar Techno Engineering Ltd's latest quarterly results?
In the Jun 2026 quarter, Salasar Techno Engineering Ltd sales was Rs 296 Cr (-1.5% vs Jun 2025) and net profit was Rs 5 Cr.
What is the 52-week high and low of Salasar Techno Engineering Ltd?
The 52-week high is Rs 10.99 and the 52-week low is Rs 3.80.