Salasar Techno Engineering Ltd Stock Price Today (NSE: SALASAR)

Salasar Techno Engineering Ltd

6.85+0.03 (+0.44%)
Market Closed

Fundamental Score

...

Salasar Techno Engineering Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Salasar Techno Engineering Ltd share price today is 6.85, up +0.44% on NSE/BSE as of 23 June 2026. Salasar Techno Engineering Ltd (SALASAR) is a Small-cap company in the Industrial Products sector with a market capitalisation of 1.71K (Cr). The 52-week high for SALASAR share price is 10.99 and the 52-week low is 5.59. At a P/E ratio of 62.39x, SALASAR is currently trading above its industry average P/E of 33.94x. The company has a Return on Equity (ROE) of 4.10% and a debt-to-equity ratio of 0.43.

Salasar Techno Engineering Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
7.85
Low
6.83
Volume
33.4L
Change
-4.42%

Salasar Techno Engineering Ltd share price chart: -4.42% return over the past month. 52-week high ₹10.99, 52-week low ₹5.59.

Salasar Techno Engineering Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
6.726.886.676.8531.50L (Cr)
6.977.046.816.8252.52L (Cr)
7.167.217.077.1135.31L (Cr)
7.147.147.147.140.00 (Cr)
7.077.257.077.1427.04L (Cr)
7.207.317.057.0739.09L (Cr)
7.007.267.007.1638.64L (Cr)
7.007.036.936.9618.09L (Cr)
7.087.086.926.9517.06L (Cr)
6.977.056.886.9625.03L (Cr)

Salasar Techno Engineering Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
6.977.046.676.85-1.72%
7.497.856.837.11-5.07%
5.887.765.857.45+26.70%
7.617.725.595.64-25.89%
7.859.087.527.91+0.76%
8.929.457.507.93-11.10%
9.799.888.738.83-9.81%
10.3010.939.509.79-4.95%
8.9110.998.4810.29+15.49%
7.4510.987.368.87+19.06%
7.148.126.917.34+2.80%
7.668.417.037.15-6.66%

AI Research Briefing

Powered by Gemini · 2026-04-09

Infrastructure play with stretched valuation and declining profitability; avoid until execution improves.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSEConsolidation - 1M: -4.96%, 3M: 29.37%, 6M: 9.27%Expensive - P/E: 62.39x vs Industry P/E: 33.94x

WHAT'S HAPPENING NOW (last 2-4 weeks)

No major catalysts found after live search. However, Salasar Techno's stock gained 9.17% on April 8, 2026, closing at The stock has risen in 7 of the last 10 days and is up by 3.33% over the past 2 weeks.

CORE STORY (THE REAL GAME)

Salasar is an infrastructure play leveraged to Government capex on power transmission and railway electrification. The market narrative is around order book growth and execution, but recent results raise concerns.

Why Now
  • RVNL order win
  • Infrastructure spending tailwinds
  • Stock price momentum
Potential Catalysts
  • Significant new order wins
  • Improvement in quarterly earnings and margins
  • Faster project execution
Key Risks
  • Micro-cap liquidity risk
  • Declining profitability
  • High valuation
Institutional Activity

Promoter holding decreased by 0.88%, and FII holding decreased by 0.45%, indicating a potential lack of confidence.

Macro Context

Government infrastructure spending provides a tailwind, but global economic slowdown could impact demand.

Order Book / Expansion

₹695.18 crore order from Rail Vikas Nigam Limited (RVNL)

Cash Flow Quality

No - Free Cash Flow 5Y: ₹-128.62 Cr

3–6 Month Outlook

Monitor execution of existing orders and improvement in profitability over the next 2-3 quarters. Key is margin expansion.

Primary Thesis Risk

Inability to translate order book into profitable revenue growth.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

4.10%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

10.96%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

9.19%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Salasar Techno Engineering Ltd Valuation Check

Poor

Price to Earnings (P/E)

62.39x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.94x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

48.04%

% shares held by company founders/management

Poor

FII Holding

3.55%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

4.82%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

64.38%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

51.75%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

22.43%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-2.73%

Earnings per share growth over 5 years

Poor

Net Profit Growth (5-Year CAGR)

2.52%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Good

Debt to Equity Ratio

0.43x

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

2.17x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-128.62 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Salasar Techno Engineering Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SALASAR across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Robust Profit Growth (64.38%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (51.75%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (22.43% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Risk Factors

8 factors identified

Below-Average Return on Equity (4.10%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 62.39x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

Weak Earnings Growth (-2.73% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (2.52% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Weak Interest Coverage (2.17x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-128.62 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 3.55%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Salasar Techno Engineering Ltd vs Industrial Products Peers

Peer Comparison - Industrial Products

Compare Salasar Techno Engineering Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
46.6/100
7
₹1711.24
62.4
Average
4.10%
Poor
10.96%
Average
0.4
Excellent
2.52%
Average
22.43%
Excellent
0.00%
67.3/100
3230
₹35916.60
94.8
Average
10.74%
Average
14.28%
Average
0.2
Excellent
95.23%
Excellent
49.23%
Excellent
0.00%
45/100
36180
₹31265.45
60.6
Average
13.70%
Average
18.40%
Good
0.0
Excellent
1.27%
Average
4.95%
Average
0.30%
63.3/100
657
₹22333.05
64.5
Average
21.16%
Excellent
24.35%
Excellent
0.4
Excellent
42.76%
Excellent
21.49%
Excellent
0.00%
48.5/100
2640
₹17963.45
91.3
Average
20.87%
Excellent
19.49%
Good
0.1
Excellent
54.52%
Excellent
20.24%
Excellent
0.00%
43.3/100
15997
₹16059.39
133.5
Average
3.04%
Poor
4.48%
Poor
0.0
Excellent
26.84%
Excellent
13.85%
Good
0.20%
54/100
1054
₹15669.49
68.2
Average
9.45%
Poor
11.67%
Average
0.1
Excellent
12.24%
Good
34.44%
Excellent
0.18%
60.90000000000001/100
1600
₹12879.94
54.5
Average
15.47%
Good
17.80%
Good
0.2
Excellent
24.79%
Excellent
19.06%
Excellent
0.10%
0/100
78
₹7137.25
52.5
Average
0.2
Excellent
0.48%
23.6/100
10668
₹6280.97
176.1
Average
6.21%
Poor
8.96%
Poor
0.8
Good
1.91%
Average
2.68%
Average
0.02%
42.7/100
384
₹5811.25
55.1
Average
14.08%
Average
17.92%
Good
0.2
Excellent
23.08%
Excellent
23.97%
Excellent
1.90%

Salasar Techno Engineering Ltd PE Ratio History

Historical price-to-earnings ratio for SALASAR — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20250.11₹8.8380.3x
FY 20240.34₹14.1841.7x
FY 20230.26₹13.1550.6x
FY 20220.22₹10.3447x
FY 20210.21₹4.7922.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Salasar Techno Engineering Ltd Dividend History

Annual cash dividends paid by SALASAR — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20243.16 Cr
FY 20233.16 Cr
FY 20222.86 Cr
FY 20211.33 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Salasar Techno Engineering Ltd Quarterly Performance

Latest quarterly metrics for SALASAR — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

51.75%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

64.38%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

22.43%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

2.52%

Compounded annual net profit growth over 5 years

Salasar Techno Engineering Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for SALASAR — calculated from daily price history

23RSI 14
Oversold — RSI 23

Selling pressure is heavy — potential reversal zone.

SMA 50
7
▼ Price below SMA 50 — Short-term bearish
SMA 200
8
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
3398K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Salasar Techno Engineering Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Salasar Techno Engineering Ltd (SALASAR) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Salasar Techno Engineering Ltd

About SALASAR (Salasar Techno Engineering Ltd)

Salasar Techno Engineering Ltd is a dynamic force in the industrial products sector, specializing in the design, fabrication, and deployment of robust steel infrastructure solution...s. They craft the skeletal framework for a modernizing world, providing the essential support systems for crucial industries. Salasar focuses on manufacturing high-quality galvanized and non-galvanized steel structures, essential for enduring performance in diverse environmental conditions. Through advanced engineering and precision manufacturing, they offer a comprehensive range of solutions, tailored to meet the evolving needs of their clients across various sectors. Their dedication to innovation and quality positions them as a key player in constructing the infrastructure that powers progress. The company operates across two strategic divisions, Steel Structure and Engineering Procurement and Construction (EPC), enabling them to provide end-to-end solutions for their clients. The Steel Structure segment focuses on the core business of manufacturing a diverse portfolio of steel products, utilizing advanced technology and stringent quality control measures. This encompasses everything from initial design and fabrication to galvanization and delivery. The EPC segment leverages the company's engineering expertise to manage complete project lifecycles, from initial planning and procurement to construction and commissioning, ensuring seamless integration and optimal performance of their steel structures in real-world applications. This vertically integrated approach ensures comprehensive project delivery. Salasar’s extensive product line encompasses a broad spectrum of essential infrastructure components. They manufacture communication towers vital for telecommunications networks, robust power transmission line towers enabling efficient electricity distribution, and innovative smart city solutions designed to enhance urban living. Their product portfolio also includes heavy steel structures for industrial applications, solar towers supporting renewable energy generation, and a variety of specialized poles, such as high mast, stadium lighting, and utility poles, serving diverse lighting and support requirements. Their commitment to providing versatile, reliable, and sustainable steel solutions underscores their position as a key enabler of infrastructure development.

Company Details

Symbol:SALASAR
Industry:Industrial Products
Sector:Industrial Products

Key Leadership

Mr. Alok Kumar B.Sc.
Chairman & MD
Mr. Shashank Agarwal B.E.
Joint MD & Executive Director
Mr. Shikhar Gupta
President

SALASAR Share Price: Frequently Asked Questions

What is the current share price of Salasar Techno Engineering Ltd?

Salasar Techno Engineering Ltd (SALASAR) trades at ₹6.85 on NSE and BSE. Market cap ₹1.71K (Cr). Educational data only.

What is the P/E ratio of Salasar Techno Engineering Ltd?

Salasar Techno Engineering Ltd has a P/E of 62.39x vs industry average 33.94x.

What is the Bull Run score for Salasar Techno Engineering Ltd?

Salasar Techno Engineering Ltd has a Bull Run score of 46.6/100 based on 25+ financial parameters.

Does Salasar Techno Engineering Ltd pay dividends?

Salasar Techno Engineering Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Salasar Techno Engineering Ltd?

Salasar Techno Engineering Ltd has ROE of 4.10%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Salasar Techno Engineering Ltd?

Salasar Techno Engineering Ltd has debt-to-equity of 0.43.

Is Salasar Techno Engineering Ltd a good investment?

Bull Run gives Salasar Techno Engineering Ltd a score of 46.6/100. This is not investment advice — consult a SEBI-registered advisor.