Firms buying and selling under Rs. 20 with order books exceeding market capitalisation usually signify hidden gems in infrastructure. Such a strong order-to-market cap ratio alerts robust enterprise momentum and potential undervaluation. For buyers, this presents a singular alternative the place market notion hasn’t caught up with enterprise actuality, suggesting vital upside potential.
Share Value Motion
The share value of Salasar Techno Engineering Restricted fell down by 0.92 p.c to Rs. 12.93 per share on Thursday, a lower from its earlier shut of Rs. 13.05 per share. The market capitalisation now stands at roughly Rs. 2,232 crore as of January 09, 2025.
Order E-book
The order e-book of Salasar Techno Engineering as of September thirtieth, 2024, totals Rs. 2,388 crore and exhibits a various composition spanning a number of segments. The biggest portion consists of home EPC orders at Rs. 1,969. crore, adopted by worldwide EPC orders at Rs. 244 crore.
The remaining elements embrace orders below the Heavy Metal Construction Division at Rs. 46 crore, monopoles at Rs. 74 crore, and export orders for telecom towers and poles at Rs. 55 crore. Moreover, STEL maintains a gentle stream of standard month-to-month orders for telecom towers valued between Rs. 30-35 crore, that are separate from the present order e-book place.
Monetary Highlights
In response to its latest submitting, within the quarter ending September 2024, Salasar Techno Engineering’s consolidated income from operations has elevated by 2.3 p.c YOY from Rs. 275.35 crore in Q2 FY24 to Rs. 281.49 crore in Q2 FY25 and decreased by 4.25 p.c QoQ from Rs. 294 crore in This fall FY24.
The corporate’s consolidated internet revenue has elevated by 6.96 p.c YoY, from Rs. 9.05 crore in Q2 FY24 to Rs. 9.68 crore in Q2 FY25. As in comparison with the final quarter of 2025, the corporate’s internet revenue has decreased by 7.72 p.c QoQ from Rs. 10.49 crore.
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Market Outlook
The Indian electrical tools market is projected to develop from $52.98 billion in 2022 to $125 billion by 2027, reflecting a powerful CAGR of 11.68%. The development tools market can also be increasing, with an estimated CAGR of 15% over the following 5 years. Authorities initiatives, together with a Rs. 11.11 lakh crore infrastructure outlay within the 2024-25 Union Price range, supply enticing alternatives.
The Ministry of Highway Transport & Highways goals to construct 13,814 km of highways in FY 2024, increasing to 2 lakh km by 2025. Moreover, the City Infrastructure Growth Fund will improve infrastructure growth in Tier 2 and three cities.
Shareholding Sample
As of the September 2024 shareholding sample, Salasar Techno Engineering Restricted is primarily held by the promoters at 54.95 p.c, international institutional buyers maintain 6.49 p.c, and the general public with 38.56 p.c.
About Firm
Salasar Techno Engineering Restricted, initially based as Salasar Petrochemicals in 2001, has grown right into a key participant in India’s metal fabrication and infrastructure sector. Based mostly in Delhi, it rebranded and have become a public firm in 2016. With 1,310 workers, the corporate operates in metal buildings and engineering, procurement, and development (EPC) segments.
They manufacture merchandise like telecom towers and photo voltaic panel helps and supply EPC companies for initiatives like rural electrification. With three manufacturing items in Uttar Pradesh, the corporate has a capability of over 211,000 metric tons yearly. By way of strategic partnerships and acquisitions, Salasar stays devoted to modern infrastructure options.
Written By Fazal Ul Vahab C H
Disclaimer
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