Financials Salasar Techno Engineering Limited Bombay S.E.

Equities

SALASAR

INE170V01027

Iron & Steel

Delayed Bombay S.E. 02:17:10 2024-04-30 am EDT 5-day change 1st Jan Change
20.62 INR -1.10% Intraday chart for Salasar Techno Engineering Limited -2.04% +56.85%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 4,415 3,009 974.5 5,202 6,067 12,581
Enterprise Value (EV) 1 5,441 4,476 2,600 7,079 8,551 15,308
P/E ratio 14.9 x 9.05 x 4.36 x 16.4 x 19.3 x 30 x
Yield 0.6% 1.1% 2.73% 0.27% 0.47% 0.25%
Capitalization / Revenue 0.89 x 0.46 x 0.19 x 0.87 x 0.84 x 1.25 x
EV / Revenue 1.1 x 0.68 x 0.49 x 1.19 x 1.19 x 1.52 x
EV / EBITDA 10.1 x 6.06 x 4.97 x 12.4 x 12.4 x 16.7 x
EV / FCF -7.68 x -11.1 x 162 x -14.4 x -17.6 x -13.7 x
FCF Yield -13% -8.98% 0.62% -6.96% -5.69% -7.3%
Price to Book 2.78 x 1.59 x 0.47 x 2.06 x 2.15 x 3.14 x
Nbr of stocks (in thousands) 1,328,526 1,328,526 1,328,526 1,428,526 1,428,526 1,578,526
Reference price 2 3.323 2.265 0.7335 3.642 4.247 7.970
Announcement Date 8/14/18 9/5/19 9/4/20 8/26/21 8/17/22 8/31/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 4,947 6,549 5,263 5,966 7,189 10,049
EBITDA 1 540.2 738 523.7 569.8 689.4 915.4
EBIT 1 501.7 691.9 473.8 513.6 619 838.7
Operating Margin 10.14% 10.57% 9% 8.61% 8.61% 8.35%
Earnings before Tax (EBT) 1 432.3 533 279.5 438.6 422.5 540.6
Net income 1 296.2 332.7 223.8 296.5 314.4 401.7
Net margin 5.99% 5.08% 4.25% 4.97% 4.37% 4%
EPS 2 0.2230 0.2504 0.1684 0.2215 0.2201 0.2654
Free Cash Flow 1 -708.4 -402 16.08 -493 -486.8 -1,118
FCF margin -14.32% -6.14% 0.31% -8.26% -6.77% -11.12%
FCF Conversion (EBITDA) - - 3.07% - - -
FCF Conversion (Net income) - - 7.19% - - -
Dividend per Share 2 0.0200 0.0250 0.0200 0.0100 0.0200 0.0200
Announcement Date 8/14/18 9/5/19 9/4/20 8/26/21 8/17/22 8/31/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,027 1,467 1,626 1,877 2,484 2,727
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.9 x 1.987 x 3.105 x 3.293 x 3.603 x 2.979 x
Free Cash Flow 1 -708 -402 16.1 -493 -487 -1,118
ROE (net income / shareholders' equity) 23.2% 19.1% 11.3% 13% 11.8% 11.8%
ROA (Net income/ Total Assets) 10.1% 10.3% 6.4% 6.38% 6.26% 6.57%
Assets 1 2,946 3,233 3,498 4,650 5,023 6,119
Book Value Per Share 2 1.200 1.430 1.560 1.770 1.970 2.540
Cash Flow per Share 2 0.0500 0.0100 0 0 0 0
Capex 1 151 91.1 193 269 260 588
Capex / Sales 3.06% 1.39% 3.66% 4.52% 3.61% 5.85%
Announcement Date 8/14/18 9/5/19 9/4/20 8/26/21 8/17/22 8/31/23
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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