BSE:540642

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Salasar Techno Engineering

Executive Summary

Salasar Techno Engineering Limited manufactures and sells galvanized and non- galvanized steel structures in India and internationally. More Details


Snowflake Analysis

Excellent balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Salasar Techno Engineering's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 540642 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 540642's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

540642

2.3%

IN Construction

3.2%

IN Market


1 Year Return

252.9%

540642

33.8%

IN Construction

40.6%

IN Market

Return vs Industry: 540642 exceeded the Indian Construction industry which returned 33.8% over the past year.

Return vs Market: 540642 exceeded the Indian Market which returned 40.6% over the past year.


Shareholder returns

540642IndustryMarket
7 Day0.3%2.3%3.2%
30 Day15.1%2.0%4.2%
90 Day75.3%25.7%14.8%
1 Year254.9%252.9%37.9%33.8%43.1%40.6%
3 Year13.0%9.2%1.1%-3.9%29.1%22.5%
5 Yearn/a73.2%60.9%93.4%78.3%

Long-Term Price Volatility Vs. Market

How volatile is Salasar Techno Engineering's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Salasar Techno Engineering undervalued compared to its fair value and its price relative to the market?

20.96x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 540642 (₹373.75) is trading above our estimate of fair value (₹242.54)

Significantly Below Fair Value: 540642 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 540642 is poor value based on its PE Ratio (21x) compared to the IN Construction industry average (17.2x).

PE vs Market: 540642 is poor value based on its PE Ratio (21x) compared to the Indian market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 540642's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 540642 is overvalued based on its PB Ratio (2.3x) compared to the IN Construction industry average (0.8x).


Next Steps

Future Growth

How is Salasar Techno Engineering forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

12.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Salasar Techno Engineering has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Salasar Techno Engineering performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 540642 has high quality earnings.

Growing Profit Margin: 540642's current net profit margins (4.8%) are higher than last year (4.8%).


Past Earnings Growth Analysis

Earnings Trend: 540642's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: 540642's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 540642 had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the Construction industry average (-28.1%).


Return on Equity

High ROE: 540642's Return on Equity (10.9%) is considered low.


Next Steps

Financial Health

How is Salasar Techno Engineering's financial position?


Financial Position Analysis

Short Term Liabilities: 540642's short term assets (₹3.6B) exceed its short term liabilities (₹2.4B).

Long Term Liabilities: 540642's short term assets (₹3.6B) exceed its long term liabilities (₹101.4M).


Debt to Equity History and Analysis

Debt Level: 540642's debt to equity ratio (73.8%) is considered high.

Reducing Debt: 540642's debt to equity ratio has reduced from 87% to 73.8% over the past 5 years.

Debt Coverage: 540642's debt is well covered by operating cash flow (21.9%).

Interest Coverage: 540642's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Salasar Techno Engineering current dividend yield, its reliability and sustainability?

0.53%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 540642's dividend (0.54%) is higher than the bottom 25% of dividend payers in the Indian market (0.42%).

High Dividend: 540642's dividend (0.54%) is low compared to the top 25% of dividend payers in the Indian market (1.77%).


Stability and Growth of Payments

Stable Dividend: 540642 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 540642 has only been paying a dividend for 3 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (5.6%), 540642's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Alok Kumar (65 yo)

6.67yrs

Tenure

₹7,986,000

Compensation

Mr. Alok Kumar has been Managing Director at Salasar Techno Engineering Limited since July 01, 2014. Mr. Kumar takes care of purchases & finance. He has 41 years of rich experience in trading, manufacturin...


CEO Compensation Analysis

Compensation vs Market: Alok's total compensation ($USD108.99K) is above average for companies of similar size in the Indian market ($USD42.06K).

Compensation vs Earnings: Alok's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Alok Kumar
Chairman & MD6.67yrs₹7.99m12.72%
₹ 631.6m
Shashank Agarwal
Joint MD & Executive Director4.58yrs₹7.26m9.7%
₹ 481.6m
Pramod Kala
Chief Financial Officer2.08yrs₹3.20mno data
Rahul Rastogi
Compliance Officer & Company Secretary3.5yrs₹695.00kno data
Shalabh Agarwal
Promoter & Director6.67yrs₹5.81m9.7%
₹ 481.6m
Tripti Gupta
Promoter & Director6.58yrs₹5.08m3.01%
₹ 149.5m
Shikhar Gupta
Vice Presidentno data₹3.60mno data
Raghav Agarwal
Vice Presidentno data₹1.92mno data
Gyanendra Agarwal
Presidentno datano data3.75%
₹ 186.1m
Kamlesh Gupta
General Manager of Adminno datano datano data

4.0yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 540642's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Alok Kumar
Chairman & MD6.67yrs₹7.99m12.72%
₹ 631.6m
Shashank Agarwal
Joint MD & Executive Director4.58yrs₹7.26m9.7%
₹ 481.6m
Shalabh Agarwal
Promoter & Director6.67yrs₹5.81m9.7%
₹ 481.6m
Tripti Gupta
Promoter & Director6.58yrs₹5.08m3.01%
₹ 149.5m
Anil Jain
Non-Executive Independent Director4.17yrs₹103.00kno data
Sanjay Chandak
Non-Executive Independent Director4.17yrs₹60.00kno data
Vijay Jain
Non-Executive Independent Director4.17yrs₹103.00kno data
Amit Jain
Non-Executive & Independent Directorno data₹23.00kno data
Mukesh Garg
Additional Independent Director0.33yrno datano data

4.4yrs

Average Tenure

53yo

Average Age

Experienced Board: 540642's board of directors are considered experienced (4.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Salasar Techno Engineering Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Salasar Techno Engineering Limited
  • Ticker: 540642
  • Exchange: BSE
  • Founded: 2001
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: ₹4.965b
  • Shares outstanding: 13.29m
  • Website: https://www.salasartechno.com

Number of Employees


Location

  • Salasar Techno Engineering Limited
  • E-20, South Extension I
  • New Delhi
  • Delhi
  • 110049
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SALASARNSEI (National Stock Exchange of India)YesEquity SharesININRJul 2017
540642BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2017

Biography

Salasar Techno Engineering Limited manufactures and sells galvanized and non- galvanized steel structures in India and internationally. The company’s products include telecommunication towers, power transm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/07 12:03
End of Day Share Price2021/03/05 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.