Salasar Techno Share Price Target 2024-2030 Today Update, Business Profile, Fundamentals & Quarterly Results

Salasar Techno Engineering Co. has been recorded in the securities exchange recently; consequently, the exhibition has not been great with a low interest from brokers who see them as backup choices. In the interim, in spite of the fact that there is little upturn of organization’s stocks at present rates as per a few figures. Established in 2006 by a pinnacle producer, Salasar Engineering Limited has developed quickly into a constructor of steel structures and an EPCI foundation organization offering types of assistance in the telecom, power, and rail line enterprises.

Salasar Techno Share Price Target 2024-2030

Salasar Techno Engineering ltd is a company that was just recently listed on stock exchanges. Because of its poor performance and low demand for its shares, traders are treating them as a backup option. The company’s shares are growing, but at a slower rate than expected in the future, according to predictions. The company’s performance in its core field and the level of customer satisfaction it provides while carrying out its functions are the two factors that have contributed to the rise in share prices.

Salasar Techno Share Price Target Today Update

Salasar Techno Engineering Ltd.’s Share Price Target Due to the company’s recent launch on stock exchanges, Salasar Techno Engineering Ltd. has not performed well. As a result, there is typically little demand for the company’s shares, which traders view as a backup option. Share prices are expected to rise quickly in the future, despite the fact that the company’s shares are rising modestly. The organization’s presentation in its essential industry and the degree of client joy it gives while doing its obligations have prompted the ascent in share costs.

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Salasar Business Profile

The organization offers a scope of administrations to telecom and sun based area by utilizing engineering, design, creation, sweltering plunge stirring as well as erection exercises including; tower supply and establishment of transmission line towers in the EPC region.

  • Geographical Presence: STEL is present all over India and has exported to over 25 countries, including the Philippines, Saudi Arabia, Nepal, Myanmar, West Africa, East Africa, Central Africa, and more.
  • Manufacturing Facility: The company likewise has a sum of three assembling units in Uttar Pradesh where they make steel structures while utilizing different devices including CNC Machines along with others that assistance in moving items starting with one point inside it then onto the next like hydra and cranes.
  • Collaboration: To empower Technical Design and Quality Control of their Media transmission Pinnacles, Monopoles, Posts, and Savvy Shafts Co has held hands with the top counseling firm on the planet, which is Ramboll.
  • Joint Venture: Salasar Adrous LLP was helped to establish as a joint endeavor between Co. furthermore, Adrous Consultants Pvt. Ltd. to zero in on foundation projects connected with railroad tracks and other vehicle systems.Coincidentally, Bangalore Metro Enterprise Ltd granted its most memorable agreement worth Rs. 252 crore to this joint endeavor organization for developing balance less tracks of meter-check rail line as a team with Texmaco Rail and Engineering Ltd. for configuration, supply, establishment, testing and dispatching process.

Salasar Techno Fundamentals & Quarterly Results

Metric Value
Market Cap ₹ 3,377 Cr.
Current Price ₹ 19.9
High / Low ₹ 34.1 / 8.71
Stock P/E 63.8
Book Value ₹ 2.85
Dividend Yield 0.10 %
ROCE 15.7 %
ROE 12.4 %
Face Value ₹ 1.00
Debt to equity 0.78
Debt Capacity -0.08
Debt preceding year ₹ 273 Cr.
Debt ₹ 350 Cr.
Reserves ₹ 292 Cr.
EPS ₹ 0.34
EPS last year ₹ 0.34
Pledged percentage 4.02 %
FCF Prev Ann ₹ -69.5 Cr.
EV/EBITDA 29.4
Industry PE 26.1
PEG Ratio 6.56
Piotroski score 4.00
Earnings yield 3.12 %
Sales growth 5Years 13.0 %

Salasar Techno Quarterly Results

Metric Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Sales 174 212 211 259 241 295 262 275 304 367
Expenses 157 196 194 238 217 265 238 250 266 331
Operating Profit 17 16 17 21 24 30 24 25 37 36
OPM % 10% 8% 8% 8% 10% 10% 9% 9% 12% 10%
Other Income 0 0 1 0 0 1 0 0 0 2
Interest 6 6 6 9 8 9 8 11 12 13
Depreciation 2 2 2 2 2 2 2 2 3 3
Profit before tax 10 9 10 11 14 19 14 12 23 23
Tax % 27% 18% 26% 29% 26% 23% 26% 27% 28% 26%
Net Profit 7 7 7 8 11 15 10 9 17 17
EPS in Rs 0.05 0.05 0.05 0.05 0.07 0.09 0.06 0.06 0.11 0.11

CAGR Report

Metric 10 Years 5 Years 3 Years TTM / 1 Year
Compounded Sales Growth 15% 13% 27% 20%
Compounded Profit Growth 25% 10% 21% 30%
Stock Price CAGR 62% 43% 117%
Return on Equity 14% 12% 12% 12%

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Salasar Techno Shareholding Pattern

Metric Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Apr 2024
Promoters 74.94% 74.94% 74.94% 74.94% 69.70% 63.07% 63.07% 58.76%
FIIs 0.75% 0.19% 0.16% 0.00% 0.55% 9.03% 3.00% 6.27%
DIIs 0.40% 0.05% 0.07% 0.00% 0.00% 0.03% 0.00% 0.00%
Public 23.91% 24.82% 24.83% 25.06% 29.75% 27.86% 33.92% 34.95%
No. of Shareholders 8,549 8,437 8,492 5,688 22,365 31,951 4,50,279 4,50,357

Salasar Techno Share Price Target 2024-2030 Forecast

Year Initial Target Mid-Year Target Year-End Target
2024 ₹50 ₹85 ₹102
2025 ₹104 ₹98 ₹116
2026 ₹118 ₹110 ₹132
2027 ₹135 ₹127 ₹151
2028 ₹154 ₹145 ₹172
2029 ₹175 ₹165 ₹198
2030 ₹202 ₹189 ₹225

SALASAR Techno Share Price Target 2025

Month Target
January ₹104
February ₹106
March ₹108
April ₹104
May ₹101
June ₹98
July ₹102
August ₹106
September ₹110
October ₹112
November ₹114
December ₹116

SALASAR Techno Share Price Target 2026

Month Target
January ₹118
February ₹120
March ₹122
April ₹118
May ₹114
June ₹110
July ₹114
August ₹119
September ₹124
October ₹126
November ₹129
December ₹132

SALASAR Techno Share Price Target 2027

Month Target
January ₹135
February ₹138
March ₹141
April ₹136
May ₹131
June ₹127
July ₹132
August ₹137
September ₹142
October ₹145
November ₹148
December ₹151

SALASAR Techno Share Price Target 2028

Month Target
January ₹154
February ₹157
March ₹160
April ₹155
May ₹150
June ₹145
July ₹151
August ₹157
September ₹163
October ₹166
November ₹169
December ₹172

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SALASAR Techno Share Price Target 2029

Month Target
January ₹175
February ₹179
March ₹183
April ₹177
May ₹171
June ₹165
July ₹172
August ₹179
September ₹186
October ₹190
November ₹194
December ₹198

SALASAR Techno Share Price Target 2030

Month Target
January ₹202
February ₹206
March ₹210
April ₹203
May ₹196
June ₹189
July ₹197
August ₹205
September ₹213
October ₹217
November ₹221
December ₹225

Points Before Investing in Salasar Techno Engineering ltd:-

  • Actually look at the organization’s previous exhibition and benefits through the Budget summaries Monetary proportions and Cost proportions of the organization.
  • Only invest a small amount based on the bullish or bearish stock market trends on which the company is currently trading.
  • The company-related fund investigates the funds’ availability, category of returns, and types.
  • Continuously put away an amount of cash that is good for your monetary necessities on the grounds that the possibilities of misfortunes are in the end higher.
  • Before you put any money into an investment, think about the risks, and even after you make the investment, keep an eye on them.

Final Words

The Salasar techno Engineering ltd is an organization which got recorded on stock trades as of late that is close to 2017, this connotes more limited excursion of the organization on stock trades when contrasted with different organizations. Although the company’s stock exchange performance is not particularly impressive, the majority of its share prices are declining. Being a recently presented organization on stock trades the dealers don’t show trust on these offers, but generally the offers are being treated as a choice by the brokers.

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