In this article, we will explore the future share price targets of Salasar Techno for the years 2025, 2026, 2028, 2030, 2040, and 2050. Additionally, we will discuss Salasar Techno’s fundamentals, market sentiment, financial performance, and quarterly reports to assist investors in making informed decisions.
About Salasar Techno
Salasar Techno Engineering Limited is a leading infrastructure company in India. It was founded in 2001. The company provides solutions for telecom, power transmission and infrastructure sectors. Its services include designing, engineering, manufacturing and construction.
The company is known for its high quality telecom towers, power transmission towers and solar mounting structures. Salasar Techno also handles rural electrification and railway electrification projects. It has advanced manufacturing units equipped with modern technology.
Salasar Techno Fundamentals
Salasar Techno Engineering Ltd., established in 2001, operates in the capital goods sector. It is listed on both BSE and NSE with a market capitalization of ₹2039 crore. The company has shown consistent revenue growth, with a 20.36% increase in total revenue this year, reaching ₹1212 crore.
The Return on Equity (ROE) is 12.4%, and Return on Capital Employed (ROCE) stands at 15.7%, which indicates efficient use of shareholder funds and capital. However, the net profit margin is modest at 4.38%, suggesting limited profitability. The P/E ratio of 38.10 is higher than the industry average of 24.41, indicating a relatively overvalued stock.
The company has a manageable debt-to-equity ratio of 0.53, showcasing financial stability. Yet, the dividend yield remains nil, reflecting a focus on reinvestment over rewarding shareholders.
| Description | Value |
|---|---|
| Company Name | Salasar Techno Engineering Ltd. |
| Sector | Capital Goods |
| Established | 2001 |
| Website | salasartechno.com |
| Listing At | BSE, NSE |
| BSE Code | 540642 |
| NSE Code | SALASAR |
| Mkt Cap | ₹2039Cr |
| Reserves and Surplus | ₹290.21Cr |
| ROE | 12.4% |
| ROCE | 15.7% |
| 52 Week High | ₹33.95 |
| 52 Week Low | ₹11.40 |
| P/E Ratio (TTM) | 38.10 |
| Industry P/E | 24.41 |
| P/B Ratio | 2.90 |
| Face Value | 1 |
| Book Value Per Share | ₹4.07 |
| EPS (TTM) | ₹0.31 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.53 |
| Total Revenue | ₹1212Cr |
| Revenue Growth | 20.36% |
| Net Profit (Anual) | ₹52.93Cr |
| Profit Growth | 31.50% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2024 | 7.83% |
| 2023 | 27.18% |
| 2022 | 115.87% |
| 2021 | 1.48% |
| 2020 | 112.61% |
| 2019 | -62.75% |
| 2018 | -1.32% |
Salasar Techno Share Price Target 2025
Current market sentiment around Salasar Techno is highly bearish. The expected share price target for 2025 is estimated to be between ₹8.5 to ₹15.3.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹8.5 | ₹15.3 |
Salasar Techno Share Price Target 2026
According to market analysts, Salasar Techno’s share price in 2026 is projected to range between ₹12.2 to ₹21.5.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹12.2 | ₹21.5 |
Salasar Techno Share Price Target 2028
By 2028, the share price target for Salasar Techno is anticipated to be between ₹17.6 to ₹29.8, considering the company’s steady growth and expansion in defense contracts.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹17.6 | ₹29.8 |
Salasar Techno Share Price Target 2030
Based on the company’s historical performance and ongoing projects, Salasar Techno’s share price in 2030 is expected to be between ₹21.4 to ₹39.8.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹21.4 | ₹39.8 |
Salasar Techno Share Price Target 2040
Following the long-term trend, Salasar Techno’s share price in 2040 is likely to fall between ₹76 to ₹115.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹76 | ₹115 |
Salasar Techno Share Price Target 2050
Considering the consistent growth trajectory and the company’s prominent role in defense manufacturing, Salasar Techno’s share price target for 2050 is expected to range from ₹96 to ₹170.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹96 | ₹170 |
Salasar Techno Share Price Target: Export Opinion
Strengths
- The company has achieved strong YoY growth of 20.36% in revenue and 31.5% in net profit.
- ROCE of 15.7% is better than the industry average, indicating efficient operations.
- The company’s net cash flow and caseload grew from operating activity.
- Promoters hold 53.4% of the company, indicating strong confidence in the business.
- Operating profit margin improved to 10.42% in FY 2024 compared to 9.31% in FY 2023, indicating operational improvement.
Risks
- The company’s quarterly net profit margin declined from 5.52% in Dec’23 to 3.23% in Sep’24, reflecting weak profitability.
- Cash flows from operating activities have been inconsistent with negative flows in FY’23 and FY’21, raising liquidity management concerns.
- The P/E ratio of 38.10 is significantly higher than the industry average, indicating that the stock may be overvalued.
- The company has not paid dividends consistently, which may discourage income-focused investors.
- Promoter stake has been declining steadily.
- Institutional shareholding is minimal, with only 5.62% held by foreign institutions.
Salasar Techno Quarterly Income Report
| Description | Sep 24 | Jun 24 | Mar 24 | Dec23 |
| Revenue + | ₹277.90Cr. | ₹292.42Cr. | ₹358.42Cr. | ₹304.15Cr. |
| Expenses + | ₹266.60Cr | ₹279.35Cr. | ₹338.19Cr. | ₹281.04Cr. |
| EBITDA | ₹26.21Cr | ₹28.06Cr. | ₹35.97Cr. | ₹37.92Cr. |
| EBIT | ₹23.15Cr | ₹25.06Cr. | ₹33.07Cr. | ₹35.12Cr. |
| Net Profit | ₹8.92Cr | ₹9.83Cr. | ₹15.22Cr. | ₹16.75Cr. |
| Operating Profit Margin | 9.48% | 9.62% | 10.10% | 12.48% |
| Net Profit Margin | 3.23% | 3.37% | 4.27% | 5.52% |
| Earning Per Share | ₹0.05 | ₹0.06 | ₹0.10 | ₹0.53 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Salasar Techno Annual Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹1212Cr | ₹1007Cr | ₹721.09Cr | ₹606.74Cr |
| Total Expenses | ₹1140Cr | ₹952.59Cr | ₹678.84Cr | ₹562.88Cr |
| Profit/Loss | ₹52.93Cr | ₹40.25Cr | ₹31.46Cr | ₹29.90Cr |
| Net Profit Margin | 4.38% | 4.01% | 4.38% | 5.01% |
| Earning Per Share | ₹0.34 | ₹0.26 | ₹1.10 | ₹10.71 |
| EBITDA | ₹125.90 | ₹93.57 | ₹71.16 | ₹67.13 |
| EBIT | ₹115.68 | ₹85.62 | ₹64.06 | ₹61.51 |
| Operating Profit Margin | 10.42% | 9.31% | 9.90% | 11.25% |
| Dividends Per share | 0.00 | 0.10 | 1 | 1 |
Salasar Techno Cash Flow
| Particulars | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Opening Cash Balance | ₹0.28Cr. | ₹0.42Cr. | ₹0.65Cr. | ₹1.83Cr. |
| Cash Flow From Operating Activities | ₹-0.16Cr | ₹1.49Cr. | ₹-7.13Cr. | ₹31.07Cr. |
| Cash Flow From Investing Activities | ₹-69.95Cr | ₹-27.29Cr. | ₹-23.54Cr. | ₹-21.66Cr. |
| Cash Flow From Financing Activities | ₹70.26Cr | ₹25.65Cr. | ₹30.44Cr. | ₹-10.58Cr. |
| Closing Cash Balance | ₹0.43Cr | ₹0.28Cr. | ₹0.42Cr. | ₹0.65Cr. |
| Net Change In Cash | ₹0.15Cr | ₹-0.15Cr | ₹-0.23Cr | ₹-1.17Cr |
Salasar Techno Share Price History Chart
Salasar Techno Share Price Target 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹8.5 | ₹15..3 |
| 2026 | ₹12.2 | ₹21.5 |
| 2028 | ₹17.6 | ₹29.8 |
| 2030 | ₹21.4 | ₹39.8 |
| 2040 | ₹76 | ₹115 |
| 2050 | ₹96 | ₹170 |
Salasar Techno Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 53.40% |
| Other Domestic Institution | 0.09% |
| Retail and Others | 40.89% |
| Foreign Institution | 5.62% |
| Mutual Funds | |
| Total | 100.00% |
How to Buy Salasar Techno Shares?
Buying and selling of Salasar Techno can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Salasar Techno Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| SJVN power | ₹38.56KCr. | -5.35% | ₹95.34 | ₹98.75 |
| Reliance Power | ₹15.92KCr. | 39.12% | ₹39.31 | ₹40.54 |
| Transrail lighting | ₹7.47 KCr. | 0.21% | ₹552.90 | ₹576.70 |
| Tata Power | ₹1.16 LCr. | 4.71% | ₹355.10 | ₹365.90 |
| JP Power | ₹11.09KCr | 1.82% | ₹16.08 | ₹16.41 |
| Waaree Renewables | ₹10.59 KCr | 60.90% | ₹960 | ₹1034.95 |
| Rattan Power | ₹6.79 KCr. | 27.04% | ₹12.45 | ₹13.04 |
| Urja Global | ₹846.82 Cr | -11.10% | ₹14.53 | ₹41.65 |
| Adani Power | ₹2.01LCr. | 0.90% | ₹518.70 | ₹537.95 |
| SW Solar | ₹8.31KCr. | -31.86% | ₹354.30 | ₹372.45 |
Conclusion
Salasar Techno Engineering Limited exhibits strong revenue and profit growth, efficient use of capital and promoter confidence, which are promising for long-term investors. However, declining profitability, inconsistent cash flows and high valuation pose risks.
For long-term investing, this stock is suitable for investors who are willing to take moderate risk while focusing on growth. The company has potential, but needs to address profitability and cash flow challenges. Investors should continue to monitor quarterly performance and valuation metrics before making an investment decision.
Disclaimer: The information provided here is for general informational purposes only and should not be considered as financial advice. Before making any investment, it is advisable to consult with a certified financial advisor. The author is not responsible for any investment decisions made based on this article.
FAQs
Q1. What is the Salasar Techno share price target for 2025?
Ans: The expected share price target for Salasar Techno in 2025 is between ₹8.5 to ₹15.3.
Q2. What is the Salasar Techno share price target for 2030?
Ans: Salasar Techno’s share price target for 2030 is projected to be between ₹21.4 to ₹39.8.
Q3. What is the Salasar Techno share price target for 2040?
Ans: The share price target for Salasar Techno in 2040 is expected to be between ₹76 to ₹115.
Q4. What is the Salasar Techno share price target for 2050?
Ans: Salasar Techno’s share price target for 2050 is likely to range between ₹96 to ₹170.