SALASAR

Salasar Techno Engineering Limited

Salasar Techno Engineering Limited (SALASAR) financial statements and selected valuation metrics through 30 June 2026.

Industrials›Capital Goods›Industrial Manufacturing›Industrial Products

salasartechno.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹4.19
Market cap
732 Cr
Stock P/E
53.5
P/B
0.88
Dividend yield
0.4%
ROE (FY26)
2.1%
ROCE (FY26)
7.7%
Operating margin (FY26)
5.8%
Debt / equity (FY26)
0.50
OCF / EBITDA (FY26)
143.3%
OCF / EBITDA (3Y)
59.7%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Salasar Techno Engineering manufactures galvanised and non-galvanised steel structures and also executes engineering, procurement and construction (EPC) contracts.

Company snapshot

52ndBy market cap

Ranked among 69 companies in Industrial Products.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 59.6% of revenue

SegmentRevenue shareRevenuePBTAssets
EPC Projects
42.7%
406 Cr34 Cr—
Steel Structures
59.6%
566 Cr56 Cr—

Shares add up to 102% because segment revenues are before inter-segment eliminations.

What we see

Concerns
  • ✗Net margin is very thin at 1.2% — little room for error if costs rise.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales275 Cr304 Cr367 Cr294 Cr281 Cr375 Cr483 Cr300 Cr427 Cr331 Cr445 Cr296 Cr
Operating expenses (approx.)250 Cr266 Cr331 Cr266 Cr256 Cr343 Cr456 Cr270 Cr385 Cr304 Cr431 Cr274 Cr
EBITDA25 Cr37 Cr36 Cr28 Cr26 Cr32 Cr27 Cr30 Cr42 Cr26 Cr14 Cr22 Cr
OPM %9.0%12.3%9.9%9.6%9.1%8.5%5.7%10.0%9.8%8.0%3.1%7.4%
Other income0.31 Cr0.46 Cr2 Cr0.90 Cr2 Cr0.71 Cr3 Cr2 Cr2 Cr2 Cr4 Cr4 Cr
Interest11 Cr12 Cr13 Cr12 Cr12 Cr13 Cr14 Cr14 Cr13 Cr14 Cr14 Cr15 Cr
Depreciation2 Cr3 Cr3 Cr3 Cr3 Cr3 Cr5 Cr6 Cr7 Cr6 Cr6 Cr7 Cr
Profit before tax12 Cr23 Cr23 Cr14 Cr12 Cr16 Cr5 Cr12 Cr24 Cr8 Cr-3 Cr4 Cr
Tax %26.6%27.5%25.9%25.5%22.3%26.5%205.8%25.2%32.0%17.9%-364.5%-41.0%
Net profit9 Cr17 Cr17 Cr10 Cr10 Cr12 Cr-5 Cr9 Cr16 Cr7 Cr-14 Cr5 Cr
EPS (₹)₹0.29₹0.53₹0.11₹0.07₹0.06₹0.07₹-0.03₹0.05₹0.09₹0.04₹-0.08₹0.03

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales416 Cr503 Cr655 Cr526 Cr597 Cr719 Cr1,005 Cr1,208 Cr1,447 Cr1,503 CrSign in free for the trailing twelve months
Operating expenses (approx.)378 Cr449 Cr582 Cr474 Cr540 Cr650 Cr913 Cr1,086 Cr1,335 Cr1,390 CrSign in free for the trailing twelve months
EBITDA39 Cr54 Cr73 Cr52 Cr57 Cr69 Cr92 Cr122 Cr113 Cr112 CrSign in free for the trailing twelve months
OPM %9.3%10.7%11.2%9.8%9.6%9.6%9.1%10.1%7.8%7.5%Sign in free for the trailing twelve months
Other income0.36 Cr1 Cr0.86 Cr2 Cr10 Cr2 Cr2 Cr3 Cr7 Cr9 CrSign in free for the trailing twelve months
Interest7 Cr8 Cr16 Cr21 Cr18 Cr22 Cr32 Cr44 Cr52 Cr56 CrSign in free for the trailing twelve months
Depreciation3 Cr4 Cr5 Cr5 Cr6 Cr7 Cr8 Cr10 Cr19 Cr26 CrSign in free for the trailing twelve months
Profit before tax29 Cr43 Cr53 Cr28 Cr44 Cr42 Cr54 Cr72 Cr40 Cr40 CrSign in free for the trailing twelve months
Tax %35.1%31.5%37.6%19.9%31.8%25.5%25.5%26.5%51.7%56.2%Sign in free for the trailing twelve months
Net profit19 Cr30 Cr33 Cr22 Cr30 Cr31 Cr40 Cr53 Cr19 Cr18 CrSign in free for the trailing twelve months
EPS (₹)₹18.78₹24.21₹25.04₹16.84₹22.15₹11.01₹1.33₹0.34₹0.11₹0.10Sign in free for the trailing twelve months
Dividend payout %————4.4%9.1%0.0%6.0%0.0%0.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital10 Cr13 Cr13 Cr13 Cr14 Cr29 Cr32 Cr158 Cr173 Cr175 Cr
Reserves87 Cr146 Cr176 Cr194 Cr238 Cr253 Cr369 Cr292 Cr613 Cr659 Cr
Borrowings69 Cr109 Cr150 Cr164 Cr197 Cr249 Cr272 Cr349 Cr316 Cr415 Cr
Other liabilities90 Cr100 Cr132 Cr82 Cr104 Cr152 Cr241 Cr351 Cr623 Cr905 Cr
Total liabilities255 Cr368 Cr472 Cr454 Cr553 Cr683 Cr914 Cr1,151 Cr1,725 Cr2,154 Cr
Fixed assets (net)62 Cr72 Cr77 Cr91 Cr112 Cr125 Cr159 Cr226 Cr380 Cr417 Cr
CWIP—1 Cr0 Cr0.34 Cr0.09 Cr6 Cr21 Cr0 Cr2 Cr8 Cr
Investments1 Cr0.41 Cr11 Cr1 Cr10 Cr0.05 Cr0.05 Cr0.07 Cr0.03 Cr0.04 Cr
Inventories69 Cr89 Cr118 Cr94 Cr120 Cr152 Cr263 Cr339 Cr340 Cr502 Cr
Trade receivables80 Cr152 Cr217 Cr214 Cr240 Cr293 Cr330 Cr324 Cr464 Cr644 Cr
Cash & bank0.23 Cr6 Cr2 Cr0.65 Cr0.42 Cr0.28 Cr0.43 Cr3 Cr5 Cr4 Cr
Other assets44 Cr48 Cr47 Cr52 Cr70 Cr107 Cr140 Cr259 Cr534 Cr579 Cr
Total assets255 Cr368 Cr472 Cr454 Cr553 Cr683 Cr914 Cr1,151 Cr1,725 Cr2,154 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity12 Cr-42 Cr-12 Cr31 Cr-7 Cr1 Cr-0.16 Cr52 Cr-5 Cr161 Cr
Cash from investing-18 Cr-16 Cr-14 Cr-22 Cr-24 Cr-27 Cr70 Cr-80 Cr10 Cr-228 Cr
Cash from financing5 Cr65 Cr22 Cr-11 Cr30 Cr26 Cr70 Cr30 Cr-1 Cr66 Cr
Net cash flow-0.30 Cr6 Cr-4 Cr-1 Cr-0.23 Cr-0.15 Cr140 Cr2 Cr3 Cr-2 Cr
Free cash flow (OCF − Capex)2 Cr-58 Cr-21 Cr12 Cr-34 Cr-24 Cr-0.16 Cr-4 Cr-19 Cr93 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %21.9%19.3%20.5%13.1%13.7%12.1%12.7%14.5%8.3%7.7%
ROE %19.4%18.6%17.6%10.8%11.7%11.1%10.0%11.7%2.4%2.1%
Debtor days7011012114814614811998117156
Inventory days949180869093108121105144
Days payable47334020233130374055
Cash conversion cycle117168161215213210198183182244
OCF / EBITDA %30.9%-78.7%-16.2%60.0%-12.5%2.2%-0.2%42.2%-4.9%143.3%
OCF / EBITDA % (3 years)——-25.6%-13.0%6.6%14.3%-2.7%18.7%14.1%59.7%
Debt / equity0.710.690.790.790.780.880.680.770.400.50
Current ratio——1.471.481.651.481.521.351.421.16
Net debt / EBITDA1.77—2.023.163.443.602.962.832.763.66