About
Salasar Techno Engineering Limited engages in the manufacture and sale of galvanized and non-galvanized steel structures in India and internationally. It operates in two segments, Steel Structure, and Engineering Procurement and Construction. The company's products include telecommunication towers, solar towers, heavy steel structure, smart city solutions, power transmission line towers, smart lighting poles, utility poles, high mast poles, stadium lighting poles, monopoles, substation structures, solar module mounting structures, railway electrification, road and railway over-bridges, and both galvanized and nongalvanized custom steel structures. It also offers engineering, procurement, and control services for rural electrification, power transmission lines, and solar power plant projects. In addition, the company undertakes engineering, procurement, and construction projects for survey, supply of materials, design, erection, and testing and commissioning on a turnkey basis. Salasar Techno Engineering Limited was incorporated in 2001 and is based in Noida, India.
Key Metrics
as of Sep 2026Market Cap904 Cr
P/E66.00
Div Yield0.00 %
Book Value₹4.77
52w High₹11.50
52w Low₹4.73
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 290.77 | 437.92 | 310.69 | 417.32 | 293.24 | 470.75 | 373.91 | 276.38 | 291.57 | 356.23 | 303.69 | 275.26 | 261.74 |
| Expenses | 269.85 | 402.79 | 289.25 | 378.07 | 266.55 | 428.55 | 341.46 | 251.68 | 264.36 | 322.46 | 266.23 | 250.27 | 238.16 |
| Operating Profit | 20.92 | 35.13 | 21.44 | 39.25 | 26.69 | 42.20 | 32.45 | 24.70 | 27.21 | 33.77 | 37.46 | 24.99 | 23.58 |
| OPM % | 7.19 | 8.02 | 6.90 | 9.41 | 9.10 | 8.96 | 8.68 | 8.94 | 9.33 | 9.48 | 12.33 | 9.08 | 9.01 |
| Other Income | 3.50 | 1.31 | 1.78 | 1.50 | 1.33 | 1.93 | 0.71 | 1.52 | 0.85 | 2.19 | 0.46 | 0.30 | 0.46 |
| Depreciation | 6.55 | 3.57 | 3.66 | 3.96 | 3.17 | 3.06 | 3.09 | 3.06 | 3.00 | 2.90 | 2.80 | 2.29 | 2.23 |
| Interest | 14.68 | 13.97 | 13.93 | 12.86 | 13.17 | 13.26 | 13.06 | 11.84 | 11.99 | 12.84 | 12.00 | 10.60 | 8.18 |
| Profit before tax | 3.19 | 18.90 | 5.63 | 23.93 | 11.68 | 27.81 | 17.01 | 11.32 | 13.07 | 20.22 | 23.12 | 12.40 | 13.63 |
| Tax % | -49.84 | 27.94 | 22.20 | 26.03 | 23.97 | 30.56 | 25.63 | 21.11 | 24.79 | 24.78 | 27.55 | 25.81 | 25.75 |
| Net Profit | 4.78 | 13.62 | 4.38 | 17.71 | 8.87 | 19.31 | 12.65 | 8.92 | 9.83 | 15.22 | 16.75 | 9.20 | 10.13 |
| EPS in Rs | 0.03 | 0.08 | 0.03 | 0.10 | 0.05 | 0.11 | 0.07 | 0.05 | 0.06 | 0.10 | 0.11 | 0.06 | 0.06 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,459.00 | 1,413.00 | 1,197.00 | 1,000.00 | 691.00 | 583.00 | 526.00 | 654.00 | 495.00 | 373.00 | 276.00 | 276.00 |
| Expenses | 1,337.00 | 1,286.00 | 1,077.00 | 909.00 | 623.00 | 527.00 | 474.00 | 581.00 | 441.00 | 341.00 | 253.00 | 257.00 |
| Operating Profit | 122.00 | 127.00 | 120.00 | 91.00 | 68.00 | 56.00 | 51.00 | 73.00 | 54.00 | 32.00 | 23.00 | 19.00 |
| OPM % | 8.00 | 9.00 | 10.00 | 9.00 | 10.00 | 10.00 | 10.00 | 11.00 | 11.00 | 9.00 | 8.00 | 7.00 |
| Other Income | 6.00 | 5.00 | 3.00 | 2.00 | 2.00 | 10.00 | 2.00 | 1.00 | 1.00 | 1.00 | 0.00 | -2.00 |
| Interest | 54.00 | 50.00 | 44.00 | 31.00 | 21.00 | 18.00 | 21.00 | 16.00 | 8.00 | 6.00 | 6.00 | 6.00 |
| Depreciation | 14.00 | 12.00 | 10.00 | 8.00 | 7.00 | 6.00 | 5.00 | 5.00 | 4.00 | 1.00 | 1.00 | 2.00 |
| Profit before tax | 60.00 | 69.00 | 69.00 | 54.00 | 43.00 | 43.00 | 28.00 | 53.00 | 43.00 | 26.00 | 16.00 | 9.00 |
| Tax % | 26.00 | 27.00 | 26.00 | 25.00 | 25.00 | 32.00 | 20.00 | 38.00 | 31.00 | 36.00 | 37.00 | 47.00 |
| Net Profit | 45.00 | 51.00 | 51.00 | 40.00 | 32.00 | 29.00 | 22.00 | 33.00 | 30.00 | 17.00 | 10.00 | 5.00 |
| EPS in Rs | 0.26 | 0.29 | 0.33 | 0.25 | 0.22 | 0.21 | 0.17 | 0.25 | 0.22 | 0.17 | 0.20 | 0.09 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 8.00 | 9.00 | 5.00 | 12.00 | 10.00 | 4.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 175.00 | 173.00 | 158.00 | 32.00 | 29.00 | 14.00 | 13.00 | 13.00 | 13.00 | 10.00 | 5.00 | 5.00 |
| Reserves | 624.00 | 559.00 | 290.00 | 368.00 | 253.00 | 237.00 | 193.00 | 176.00 | 146.00 | 82.00 | 68.00 | 57.00 |
| Borrowings | 412.00 | 317.00 | 350.00 | 272.00 | 243.00 | 195.00 | 165.00 | 151.00 | 109.00 | 54.00 | 44.00 | 47.00 |
| Other Liabilities | 855.00 | 560.00 | 339.00 | 239.00 | 148.00 | 96.00 | 82.00 | 132.00 | 100.00 | 84.00 | 37.00 | 36.00 |
| Total Liabilities | 2,067.00 | 1,609.00 | 1,137.00 | 911.00 | 673.00 | 543.00 | 453.00 | 472.00 | 368.00 | 229.00 | 154.00 | 146.00 |
| Fixed Assets | 271.00 | 217.00 | 239.00 | 172.00 | 126.00 | 113.00 | 91.00 | 77.00 | 72.00 | 27.00 | 24.00 | 24.00 |
| CWIP | 8.00 | 2.00 | 0.00 | 21.00 | 6.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 |
| Investments | 179.00 | 179.00 | 0.00 | 0.00 | 0.00 | 10.00 | 1.00 | 2.00 | 0.00 | 19.00 | 20.00 | 18.00 |
| Other Assets | 1,609.00 | 1,211.00 | 897.00 | 717.00 | 541.00 | 420.00 | 360.00 | 392.00 | 295.00 | 183.00 | 110.00 | 104.00 |
| Total Assets | 2,067.00 | 1,609.00 | 1,137.00 | 911.00 | 673.00 | 543.00 | 453.00 | 472.00 | 368.00 | 229.00 | 154.00 | 146.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 12.00 | 19.00 | 47.00 | -4.00 | 2.00 | -4.00 | 31.00 | -12.00 | -43.00 | 6.00 | 11.00 | 11.00 |
| Cash from Investing Activity | -69.00 | -170.00 | -78.00 | -71.00 | -27.00 | -23.00 | -22.00 | -14.00 | -16.00 | -12.00 | -3.00 | 0.00 |
| Cash from Financing Activity | 58.00 | 150.00 | 31.00 | 75.00 | 25.00 | 27.00 | -11.00 | 22.00 | 65.00 | 5.00 | -8.00 | -12.00 |
| Net Cash Flow | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -1.00 | -4.00 | 6.00 | 0.00 | 0.00 | -1.00 |
| Free Cash Flow | -63.00 | 27.00 | -9.00 | -73.00 | -24.00 | -31.00 | 12.00 | -21.00 | -58.00 | 2.00 | 10.00 | 7.00 |
| CFO/OP % | 22.00 | 29.00 | 53.00 | 11.00 | 19.00 | 13.00 | 74.00 | 9.00 | -52.00 | 50.00 | 74.00 | 80.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 157.00 | 111.00 | 96.00 | 119.00 | 153.00 | 147.00 | 150.00 | 121.00 | 112.00 | 76.00 | 75.00 | 52.00 |
| Inventory Days | — | 132.00 | 165.00 | 186.00 | 125.00 | 124.00 | 100.00 | 95.00 | 97.00 | 95.00 | 82.00 | 84.00 |
| Days Payable | — | 43.00 | 46.00 | 51.00 | 41.00 | 29.00 | 23.00 | 47.00 | 35.00 | 51.00 | 30.00 | 29.00 |
| Cash Conversion Cycle | 157.00 | 200.00 | 215.00 | 255.00 | 237.00 | 242.00 | 227.00 | 169.00 | 174.00 | 120.00 | 127.00 | 106.00 |
| Working Capital Days | 31.00 | 75.00 | 61.00 | 79.00 | 81.00 | 90.00 | 70.00 | 62.00 | 61.00 | 47.00 | 42.00 | -6.00 |
| ROCE % | 10.00 | 13.00 | 15.00 | 14.00 | 13.00 | 15.00 | 14.00 | 23.00 | 25.00 | 24.00 | 19.00 | 16.00 |
Corporate Actions
13 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 23 Sep 2024 | — | — | — | Annual General Meeting |
| Bonus | 01 Feb 2024 | 01 Feb 2024 | 4:1 | — | |
| Dividend | 15 Sep 2023 | — | — | 0.10 | |
| Dividend | 15 Sep 2022 | — | — | 0.10 | |
| Split | 27 Jun 2022 | 28 Jun 2022 | 10:1 | — | |
| Dividend | 08 Sep 2021 | — | — | 1.00 | |
| Bonus | 13 Jul 2021 | 14 Jul 2021 | 1:1 | — | |
| Dividend | 17 Sep 2020 | — | — | 1.00 | |
| Dividend | 21 Nov 2019 | 22 Nov 2019 | — | 1.00 | |
| Dividend | 19 Sep 2019 | — | — | 1.50 | |
| Dividend | 15 Nov 2018 | 16 Nov 2018 | — | 1.00 | |
| Dividend | 19 Sep 2018 | — | — | 1.00 | |
| Dividend | 23 Nov 2017 | 24 Nov 2017 | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update7 Oct 2025 from infomerics
-
Rating update23 Apr 2025 from infomerics
-
Rating update5 Sep 2024 from infomerics
-
Rating update16 Jan 2024 from infomerics
-
Rating update22 Aug 2023 from infomerics
-
Rating update17 Oct 2022 from brickwork