MarketFriction

Salasar Exteriors & Contour Ltd

NSE SECL · Civil Construction
₹2.75 +3.77%
NSE close2026-09-15
52 week range2.65 - 6.00
Market cap₹28.3 Cr.
Price band 5% Delivery 100.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales2.002.122.125.081.000.630.000.280.783.273.050.00
Expenses2.071.351.351.620.000.850.074.330.013.002.352.53
Operating Profit-0.070.770.773.461.00-0.22-0.07-4.050.770.270.70-2.53
OPM %-3.50%36.32%36.32%68.11%100.00%-34.92%-1,446.43%98.72%8.26%22.95%
Other Income0.000.000.000.000.000.090.004.220.000.000.480.00
Interest0.010.690.690.690.000.000.000.000.000.000.000.00
Depreciation0.030.020.020.020.020.020.020.030.000.050.010.00
Profit before tax-0.110.060.062.750.98-0.15-0.090.140.770.221.17-2.53
Tax %0.00%33.33%33.33%-0.73%0.00%0.00%0.00%0.00%0.00%113.64%0.00%0.00%
Net Profit-0.110.050.052.770.97-0.16-0.090.140.77-0.031.17-2.53
EPS in Rs-0.010.000.000.270.09-0.02-0.010.010.07-0.000.11-0.25
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales55.8273.648.272.280.630.284.063.05
Expenses56.8481.9711.802.950.864.403.004.40
Operating Profit-1.02-8.33-3.53-0.67-0.23-4.121.06-1.35
OPM %-1.83%-11.31%-42.68%-29.39%-36.51%-1,471.43%26.11%-44.26%
Other Income3.550.253.854.911.094.220.000.00
Interest1.391.611.671.380.000.000.030.00
Depreciation0.030.050.050.050.050.050.050.02
Profit before tax1.11-9.74-1.402.810.810.050.98-1.37
Tax %27.93%0.00%0.00%0.00%0.00%0.00%0.00%21.90%
Net Profit0.80-9.74-1.392.810.810.060.99-1.67
EPS in Rs0.11-0.95-0.130.270.080.010.10-0.16
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%-18%69%-25%
Compounded Profit Growth%-4%%-269%
Stock Price CAGR%11%-52%-51%
Return on Equity%5%-2%-14%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital5.878.248.248.2410.2910.2910.2910.29
Reserves5.091.490.102.911.661.722.710.92
Borrowings13.9715.3514.1813.9513.909.439.459.45
Other Liabilities23.5459.7211.327.8510.8811.0412.7412.20
Total Liabilities48.4784.8033.8432.9536.7332.4835.1932.86
Fixed Assets0.440.400.350.310.260.230.180.16
CWIP0.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.00
Other Assets48.0384.4033.4932.6436.4732.2535.0132.70
Total Assets48.4784.8033.8432.9536.7332.4835.1932.86
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-21.02-8.362.301.38-0.204.60-0.20-0.25
Cash from Investing Activity-0.64-0.180.220.000.000.110.000.00
Cash from Financing Activity22.218.53-2.76-1.43-0.05-4.470.020.00
Net Cash Flow0.56-0.02-0.24-0.05-0.250.24-0.18-0.25
Free Cash Flow-21.49-8.362.301.38-0.204.59-0.20-0.25
CFO/OP2,061%100%-65%-206%87%-112%-19%19%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days183.61285.74722.942,780.7210,445.9520,048.931,651.491,950.66
Inventory Days339.03246.623,666.293,716.97684.37952.991,193.27
Days Payable568.481,408.213,588.082,370.83840.041,431.351,622.22
Cash Conversion Cycle-45.83-875.84801.154,126.8710,445.9519,893.271,173.131,521.70
Working Capital Days85.4055.41437.822,042.729,072.8627,218.571,988.622,510.72
ROCE %-32.51%1.13%17.60%3.18%0.21%4.60%-6.36%
Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters71.33%70.81%70.75%70.56%70.39%69.95%69.40%69.40%69.40%69.40%69.40%69.40%
Public28.67%29.19%29.25%29.44%29.61%30.05%30.60%30.60%30.60%30.60%30.60%30.60%
No. of Shareholders208174185215213276406403427387389388

Fundamentals

Market Cap₹ 28.3 Cr.
Current Price₹ 2.75
Book Value₹ 1.09
ROCE-6.36 %
ROE-13.8 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-25%
Compounded Profit Growth (TTM)-269%
Standalone figures.
Valuation
Market capRs 28 Cr
Enterprise valueRs 37 Cr
P/E (TTM)471.83x
Price to book2.36x
Price to sales101.11x
EV / EBITDA374.90x
EV / EBIT749.80x
EV / sales133.89x
Price to cash flow6.15x
Earnings yield0.21%
P/E, 3-year average111.76x
P/B, 3-year average1.47x
P/E, 5-year average111.76x
P/B, 5-year average0.95x
Profitability
Operating margin (excl. other income)-1471.43%
Operating margin (incl. other income)35.71%
EBITDA margin35.71%
Pre-tax margin17.86%
Net profit margin21.43%
ROE0.50%
ROCE0.21%
ROA0.17%
ROE, 3-year average12.12%
ROCE, 3-year average7.00%
ROA, 3-year average3.64%
ROE, 5-year average-14.64%
ROCE, 5-year average-2.08%
ROA, 5-year average-1.21%
ROIC (approx.)0.24%
Other income / net worth35.14%
Growth
Sales growth (latest year)-55.56%
Profit growth (latest year)-92.59%
Sales CAGR, 3 years-67.65%
Sales CAGR, 5 years-65.32%
Profit CAGR, 5 years-40.43%
Per share
EPS (TTM)Rs 0.01
EPS (latest year)Rs 0.06
EPS, 3-year averageRs 1.42
EPS, 5-year averageRs -1.85
Book value per shareRs 1.17
Sales per shareRs 0.03
Cash flow per shareRs 0.45
Free cash flow per shareRs -0.02
Efficiency
Asset turnover0.01x
Fixed asset turnover1.22x
Inventory turnover0.53x
Inventory days684 days
Debtor days20049 days
Debtors turnover0.02x
Creditor days1622 days
Cash conversion cycle1522 days
Working capital days2511 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 0 Cr
Net debtRs 9 Cr
Debt to equity0.79x
Net debt / EBITDA91.80x
Owners' fund to total sources36.98%
Debt to assets29.03%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -0 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Cash from ops / profit, 5 years1.78x
Sales to cash flow0.06x
Statement figures
Net sales (TTM)Rs 0 Cr
Net sales (latest year)Rs 0 Cr
Operating profit excl. other income (latest year)Rs -4 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 0 Cr
PBDT (TTM)Rs 0 Cr
Profit before tax (TTM)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 4 Cr
Total expenditure (latest year)Rs 4 Cr
Total income (latest year)Rs 4 Cr
Share capitalRs 10 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 12 Cr
Total assetsRs 32 Cr
Net blockRs 0 Cr
ReceivablesRs 15 Cr
InventoryRs 8 Cr
Other liabilitiesRs 11 Cr
Shares outstanding (crore)10.29
Ownership
Promoter holding69.40% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 2.36 is at the 2th percentile (median 20.74).
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.
PeriodSECLNifty 50Difference
1 week-12.7%-2.8% -9.9 pts
1 month-53.4%-6.8% -46.6 pts
3 months-71.8%-7.6% -64.2 pts
6 months-86.1%+0.4% -86.6 pts
1 year-89.9%-9.9% -80.0 pts
2 years-97.6%-13.6% -84.0 pts
3 years-89.0%+14.2% -103.2 pts
5 years-86.2%+27.9% -114.1 pts

Red flags

F-score 5 of 8
explainReceivables outrunning sales Receivables grew -15% vs sales -56% in 2026
lookProfit leans on other income Other income was 8440% of pre-tax profit 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.

Latest quarter

Mar 2026
Sales ₹0 Cr -100.0% vs Mar 2024. Net loss ₹3 Cr.
Against our estimate for Mar 2026: sales -100.0%, profit -209.5% big miss.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
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.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 daysMandatory Market making period in SME scrip is overSME scrip is not regularly tradedUnder BZ/SZ Series

Quick answers

What is the market cap of Salasar Exteriors & Contour Ltd?

Salasar Exteriors & Contour Ltd (SECL) has a market capitalisation of Rs 28.3 Cr. at the 2026-09-15 close.

What were Salasar Exteriors & Contour Ltd's latest quarterly results?

In the Mar 2026 quarter, Salasar Exteriors & Contour Ltd sales was Rs 0 Cr (-100.0% vs Mar 2024) with a net loss of Rs 3 Cr.

What is the 52-week high and low of Salasar Exteriors & Contour Ltd?

The 52-week high is Rs 6.00 and the 52-week low is Rs 2.65.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03