Salasar Techno Engineering Ltd
BSE:540642
Salasar Techno Engineering Ltd
Salasar Techno Engineering Ltd is a IN-based company operating in Construction & Engineering industry. The company is headquartered in Ghaziabad, Uttar Pradesh. The company went IPO on 2017-07-25. Salasar Techno Engineering Limited is an India-based provider of steel solutions. The firm is a provider of customized steel fabrication and infrastructure solutions for telecommunication towers, transmission towers and substation structures and solar module mounting structures. Its Telecom Towers, which include Production of towers and monopoles; Transmission Line Towers include manufacturing of transmission towers for (engineering, procurement, and construction) EPC business, Railway Electrification that include design, supply, erection, testing & commissioning of railway electrification; Solar Structures include manufacturing, fabrication of solar module mounting structures; and Utility Panels include production of custom-made poles technologies like LED lights and CCTV. Its services include providing complete Engineering, Procurement and Control for projects, such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.
Salasar Techno Engineering Ltd is a IN-based company operating in Construction & Engineering industry. The company is headquartered in Ghaziabad, Uttar Pradesh. The company went IPO on 2017-07-25. Salasar Techno Engineering Limited is an India-based provider of steel solutions. The firm is a provider of customized steel fabrication and infrastructure solutions for telecommunication towers, transmission towers and substation structures and solar module mounting structures. Its Telecom Towers, which include Production of towers and monopoles; Transmission Line Towers include manufacturing of transmission towers for (engineering, procurement, and construction) EPC business, Railway Electrification that include design, supply, erection, testing & commissioning of railway electrification; Solar Structures include manufacturing, fabrication of solar module mounting structures; and Utility Panels include production of custom-made poles technologies like LED lights and CCTV. Its services include providing complete Engineering, Procurement and Control for projects, such as Rural Electrification, Power Transmission Lines, and Solar Power Plants.
Revenue Growth: Salasar Techno posted Q1 FY24 revenue of INR 261.86 crores, up 24.3% year-on-year, driven by rising demand and efficient execution.
Margin Expansion: EBITDA increased 39.54% to INR 23.58 crores, with margins up 99 bps to 9.01%, but management flagged typical quarter-to-quarter fluctuations.
Order Book Strength: The company maintains a robust order book of INR 1,435 crores, including major EPC, towers, and heavy steel structure orders.
Growth Drivers: Major growth is expected from power transmission monopoles, rural electrification (with a new INR 750 crore order), 5G telecom rollout, and railway electrification.
Capacity Expansion: A state-of-the-art galvanization plant (Asia's largest) is set to add at least INR 50 crores in revenue this year and bolster export opportunities.
Export Outlook: Healthy export order visibility, including a project in Nepal and ongoing bids in Africa and South Africa.
Debt and Equity: Working capital limits are set to rise by INR 50 crores to support growth; no current plans for equity dilution.
