Salasar Techno Engineering Limited has informed the Exchange about Investor Presentation
Salasar Techno Engineering Limited
Date: August 14th 2023
Listing Department, The National Stock Exchange of India, Exchange Plaza, C-1 Bandra Krla Complex, Bandra (E), Mumbai- 400051, NSE Symbol: SALASAR
Department of Corporate Services, The BSE Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001, BSE Scrip Code: 540642
Sub: - Investor Presentation
Dear Sir/Madam
Please find attached herewith Investor Presentation of the Company w.r.t. Financial Results of the Company for Q1 FY24, for your record and further dissemination.
Kindly take the same on record. Thanking You,
Thanking you,
Yours faithfully For Salasar Techno Engineering limited,
Alok Kumar Managing Director DIN:01474484
CIN No. - L23201DL2001PLC174076
Unit 1- Khasra 265, 281-283, Parsaun-Dasna, Jindal Nagar, Distt. Hapur-201313 Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304 Office- KL-46, Kavi Nagar, Ghaziabad-201002 Regd. Office- E-20, South Extension 1, New Delhi-110049
+91 8938802180, 7351991000 +91 120 6546670 Fax: +91 11 45823834
towers@salasartechno.com marketing@salasartechno.com
www.salasartechno.com
A SEASONED INFRASTRUCTURE ENABLER WITH KNOWLEDGE, DEPENDABILITY, AND AGILITY
SALASAR TECHNO ENGINEERING LIMITED Investor Presentation, August 2023
SAFE HARBOUR
This presentation and the following discussion may contain “forward looking statements” by Salasar Techno Engineering Limited (“STEL” or “the Company”) that are not historical in nature. These forward looking statements, which Aug include statements relating to future results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of Salasar about the business, industry and markets in which Salasar operates.
These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond Salasar’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of Salasar.
In particular, such statements should not be regarded as a projection of future performance of Salasar. It should be noted that the actual performance or achievements of Salasar may vary significantly from such statements.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
01
VISION
To make substantial contribution towards the development of National Infrastructure by providing technologically advanced solutions, and to play a critical role in making India the most preferred destination for the fulfilment of local and global infrastructural needs.
MISSION
To be at the forefront of developing technologically advanced infrastructural solutions for our customers around the world.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
02
SALASAR AT A GLANCE
1
AREAS OF OPERATIONS
Designing
Manufacturing
Contractual Galvanization
Strengthening
EPC Projects
Fabrication
2
INFRA STRUCTURE CAPACITY 3 State-of-the-art Manufacturing facilities
Installed capacity of 1,15,000 MTPA
Equipped with CNC Machines, Industrial Machinery, Hydra & Cranes, Plasma Cutting Machine,Press Break Machine, Beam Welding & Straightening, Three Axis Drilling Machine, & Automatic Shot Blasting Machine
3
GEOGRAPHICAL PRESENCE AND PENETRATION Pan-India presence
600+ Clients and customers served
Supplied 50,000+Telecom Towers
Laid ~702 KMs of Power Transmission Line
Laid ~588 Railway track km
Global Footprint: serves 25+ countries
4
FINANCIAL PROWESS Revenue grew by 14.86% CAGR from FY18 - FY23
EBITDA grew by 11.20% CAGR from FY18 - FY23
PAT grew by 6.32% CAGR from FY18 - FY23
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
03
COMPETITIVE ADVANTAGE
DIVERSIFIED BUSINESS MODEL Designing and manufacturing products like:
Telecom Towers EPC Projects for Transmission Lines Buildings and Bridges
Pre-Fabricated Buildings EPC Projects for Railway electrification
RECOGNISED AND APPROVED VENDOR
Approved vendor of PowerGrid Corporation Limited
Approved by CORE (Central Organization for Railway Electrification).
Qualified to bid for rural electrification projects
CUSTOMER CENTRIC APPROACH
STEL’s specialised goods and services offer unique value to our substantial and diverse client base, which in turn leads to high levels of customer satisfaction and retention, solidifying our position as one of the leading industry players
POWERFUL BRAND RECALLABILITY REINFORCED BY EFFECTIVE MANUFACTURING
Salasar has a long-standing technical tie-up with Ramboll (Denmark) to manufacture lighter and lower- costing tower structures and high mast poles. With the experience of designing towers for more than sixty years, their designs are time tested and proven for performance.
Strategic presence with technology driven manufacturing facilities allows it to carry out production at scale and offer quality products to its customers
Strategic locational advantage allows it to procure best quality raw material in line with stringent Industry standards
Boast of having zero defect production, shortest delivery window, and the ability to ramp up operations in minimum time anywhere
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
04
OUR JOURNEY
Incorporated in the year 2006 and established itself as the industry leader in manufacturing and supply of Telecom Towers.
2006-2015
Bagged project worth Rs. 2,280Mn. for rural from electrification
PVVNL, UP.
Introduced – Telecom Monopoles
2016
Got
listed on NSE and BSE Platform
Received status of “Approved Vendor” from PGCIL.
Introduced new products like high mast, stadium lights & flag poles, and smart city poles
Increased
its capacity to 50,000 MTPA
galvanizing
operations
Commenced for transmission lines with first order ‘Central from coming Organization of Railways’ for track electrification worth Rs. 395 Mn.
2017
2018
2019 Won an order worth Rs. 1,476 state of Mn. the and Jharkhand, Haryana,
from
Orissa
Won EPC order worth Rs. 559 Mn. from Haryana Vidyut Prasaran Nigam Limited and Transmission UP
Power
Corporation Limited
2020 STEL received 2nd order under 2 year supply agreement with American Tower Corp worth Rs.73 Mn. for supply of towers in 5 African countries
Secured a cumulative order worth Rs. 546.5 Mn. from and Western Northern Railways, clean AVAADA project, and electrification of railways in Lucknow
2021
2022
Embarked its journey into heavy steel and structure division by building roads and railway over bridges
Ramped up production to meet increasing demand while aligning with Atmanirbhar Bharat values
Setting up foundational and infrastructure operational underway for seamless 5G connections in tier 1 and tier 2 stabilize cities which will
revenue growth trajectory.
two orders
from Received PVVNL for Development of Distribution Infrastructure for Loss Reduction, worth ~Rs. 7,500 Mn.
of
2023 Secured a Letter of Intent worth Rs. 1,430 Mn. From Nepal Electricity Authority (NEA) for Material Procurement associated equipment, necessary accessories, installation services including design, erection, testing, and commissioning of 33/11 KV substations and 33 KV, 11 KV, 400 V Lines and Distribution system Networks in Dang, Rukum East, and Baitadi Districts of Nepal.
and
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
05
OUR MANAGEMENT
Mr. Alok Kumar Chairman & Managing Director
Mr. Shashank Agarwal Joint Managing Director
Mr. Shalabh Agarwal Whole Time Director
Ms. Tripti Gupta Whole Time Director
B.Sc. from Punjab University.
B.E. (Mech) from MIT, Manipal.
B.E. (Mech) from MIT, Manipal.
With an experience spanning over 4 decades in trading, manufacturing and fabrication of iron & steel, he started his journey as a Managing Partner in Gupta 1959 Traders and operated two foundry units of C.I. casting namely Capital Founders and Capital Udyog.
thereafter
from
With an experience spanning 25+ years, Mr. Shashank has built the company from scratch with the help of other directors and was the driving force behind the company’s IPO in 2017.
With a professional experience of 20+ Years, Mr. Shalabh is at the forefront of all the innovation that takes place at the company to looks after Salasar’s procedural and
technological
from
power vertical.
B.Com from SRCC, Delhi and MBA in Finance from IMT, Nagpur.
With a decades experience in strategic management, policy-making, business development, and various other corporate matters; Tripti Gupta has been the pillar of strength for Salasar since 2014.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
06
Mr. Sanjay Chandak Independent & Non-Executive Director
Mr. Vijay Kumar Jain Independent & Non-Executive Director
Mr. Mukesh Kumar Garg Independent & Non-Executive Director
Mrs. Garima Dhamija Independent & Non-Executive Director
Chartered Accountant.
B.E. (hons) and MBA.
B.Tech Structural Engineering, PGDIM
Engineering, M.Tech and
Civil
in
the
Mr. Sanjay has an experience of over 3 decades field of Chartered Accountancy, he is an expert in Tax Planning, Income Tax, and Statutory Audits, and presently advises the board on all related matters.
With an experience of more than 5 decades, Mr. Vijay Kumar lends his expert opinions to Salasar and has demonstrated leading organizations proficiency
in toward success.
PGDM/IGNOU.
An ex-CAO of North Central Railway, Mr. Mukesh uses his experience of planning, executing, and managing costs of tenders worth several hundred crores to advise the company
MBA from IIM, Kozhikode and Masters in Economics from Punjab University.
A Hogan and OPQ Certified Assessor, Mrs. Garim is certified in coaching through Emotional Intelligence. Her one-on-one work with senior leaders in businesses has been acknowledged for creating long term impact on individuals.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
07
OUR MANAGEMENT MANUFACTURING PLANTS & GEOGRAPHICAL PRESENCE
Plant
Location
Unit 1
Unit 2
Unit 3
,ragaN ladniJ ,rupaH .ttsiD
,rupaH .ttsiD ,arehK hsedarP rattU
hsedarP rattU
Tower/Structure manufacturing and Galvanization
Heavy Steel Structural Division
Overall - 1,00,000 MTPA
NA
NA
15,000 MTPA
The plants are equipped with CNC Machines, Industrial Machinery, Hydra & Cranes, Plasma Cutting Machine, Press Break Machine, Beam Welding & Straightening, Three Axis Drilling Machine, & Automatic Shot Blasting Machine improving production efficiency and precision of its products.
STEL’s plants are located at a strategic location that allows the company to procure raw materials at competitive prices.
STEL has a Pan-India presence and has a huge geographic footprint, providing services to over 25+ Nations.
Exporting Countries : West Africa, East Africa, Central Africa, the Philippines, Saudi Arabia, Nepal, Myanmar, and many more.
Saudi Arabia
Nepal
West Africa
Myanmar
Philippines
Central Africa
East Africa
*Map not drawn to scale, only for illustration purposes
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
08
INDUSTRIES CATERED TO & PRODUCTS OFFERED
POWER
RENEWABLES
TELECOMMUNI CATIONS
POLES
HEAVY STEEL STRUCTURE
SMART CITY SOLUTIONS
Transmission Line Towers
Solar Module Mounting Structure
Towers and Monopoles
Lighting Poles
Bridges
Substation Structures
Solar Trees
Cells on Wheels
Distribution Poles
Buildings
Transmission Line Monopoles
Solar Water Pumps
Accessories
Infrastructure Poles
Heavy & Complex Structures
Smart City Poles
Camouflaging Solutions
Railway Electrification Structure
Windmill Tower
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
09
CLIENTS CATERED
STRONG AND DIVERSIFIED CLIENT BASE, CELEBRATED IN THEIR RESPECTIVE SECTORS HAS HELPED THE COMPANY TO ESTABLISH ITSELF AS A KEY INDUSTRY PLAYER
Telecom Sector Telecom Sector
Power Sector
Others/EPC
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
and many more...
10
ORDER BOOK POSITION
Particulars (Rs.Mn)
Domestic EPC Orders
International EPC Orders
Orders under Heavy Steel Structure Division
Monopoles
Exports orders (Telecom Towers and Poles)
Total Orders as on 30th June 2023
Value
₹ 11,000
₹ 1,430
₹ 1,040
₹ 640
₹ 240
₹ 14,350
The company generally receives regular monthly orders for telecom towers, with an approximate value of Rs 300 to 350 Mn.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
11
INDUSTRY OVERVIEW & GROWTH OPPORTUNITIES
TELECOM SECTOR
The growth of the country’s GDP depends heavily on iron and steel industry. STEL caters to diverse range of industries, including Construction, Infrastructure, Telecom, Power Distribution, and many more, that employ iron and steel goods.
India is the second largest Telecom market in the world with a subscriber base of 1.17 Billion.
Tower (’000s) BTS (’000s)
1,372
2,000
1,713
2,206
2,256
2,313
2,398*
775
439
440
461
501
581
638
698
740*
2015
2016
2017
2018
2019
2020
2021
2022
*information till 9th December 2022
As the rollout of 5G begins, demand for telecom towers in next 10 years is expected to be greater than in the last 25 years
There are ~6,00,000 towers in India at the moment, with about 8,00,000 points of connectivity. To have a seamless 5G experience across the country, at least 10,00,000 more towers are needed and at least 15,00,000 points of connectivity are needed in the next 10 years
In the recent budget discussion, Government of India has ballooned the compensation to service providers for creation and augmentation of Telecom Infrastructure from Rs. 8,000 Crore to Rs. 9,000 Crore
Furthermore, Modern product offerings in the segment like monopoles, Smart City Solutions, and Portable Towers can be a game changer for the Industry
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
13
POWER TRANSMISSION
Historical Generation and Transmission Investment
% Growth in Generation Capacity (MW) % Growth in Transmission Capacity (ckt km)
48%
24%
30%
22%
26%
29%
51%
31%
64%
43%
22%
24%
FY'92-97
FY'97-02
FY'02-07
FY'07-12
FY'12-17
FY'17-22
The government's ambitious plan to achieve a capacity of 500 GW in non-fossil energy by 2030 is set to significantly bolster the renewable
sector driving the demand for solar panels and windmills, creating ample opportunities for growth and expansion in the renewable energy
industry.
ICRA expects an investment of ~Rs. 1.8 Trillion over the five year period from FY21 to FY25 in the power transmission segment at an all India
level and an estimated Rs. 6-8 Trillion of market opportunity is expected in transmission till FY29.
As per the rolling plan (March’22) prepared by Central Transmission Utility of India (CTUIL) upto 2026-27 for Inter-State Transmission System
(ISTS) envisages an investment of about ₹1,24,148 crore during FY 2023-27.
Further, the Inter-Regional (IR) transmission capacity is expected to grow from present level of 1,12,250 MW to about 1,18,740 MW in next
2-3 years.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
14
RAILWAY SECTOR
Growth of Railway Electrification (Route Km, RKM)
Budget Allocation for Railway Electrification
*6,886 RKM already commissioned till21
29,201*
13,687
6,302
6,960 6,601
7,542 7,700
3,396 3,457
2,163
830 1,005 1,206
2,150
3,038
2004-09
2009-14
2014-19
2019-24 (Planned)
FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
With Rs. 2.4 Lakh Crore allocated by Government of India in its latest budget, Government plans to fully electrify the balance 42% network till 2024.
Within the allocated funds of 2.4 Lakh crore to the Ministry of Railways, a significant portion of 1.07 Lakh crore has been designated for CAPEX purposes.
Close to 30 Billion units of electricity shall be required for railway electrification on annual basis by 2024 creating a massive opportunity for overhead line equipment suppliers to supply for the equipment like conductors, transformers, and distribution utilities.
Sub-station capacity to enhance leading to opportunities for transmission and distribution utilities creating a multitude of opportunities for EPC contractors.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
15
CAPACITY EXPANSION
STEL is expanding its manufacturing capacity to keep up with the growing demand and is on the path of expanding its product portfolio with optimal utilization of capacity.
LOCATION
DIST. HAPUR, UTTAR PRADESH
BHILAI, CHHATTISGARH
Facility
New Galvanization Plant
Heavy Steel Structure Division – II (HSD - II)
Annual Capacity
Project Cost
Expected Commissioning
96,000 MTPA
Rs. 500 Mn.
Q2 FY24
25,000 MTPA
Rs. 600 Mn.
FY25
Upcoming steel galvanization plant will be the largest galvanization plant in Asia.
Post commissioning of the new GI plant, existing facility will be used as a backup in case of an emergency. The new GI facility will enable STEL to manufacture monopoles up to 3 metre diameter used in higher KVA transmission lines, acting as a value added product and fetching better margins.
The Heavy Steel Structure Division – II (HSD-II) will allow STEL to tap Southern and Eastern region of the Indian market via setting up steel fabrication unit.
By achieving full capacity utilization of the HSD plant, STEL is poised to experience a substantial boost in growth, propelling it to the next level.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
16
OUR OPERATIONAL & FINANCIAL PERFORMANCE HIGHLIGHT
Figures in Rs. Mn.
Revenue from Operations (Rs. Mn)
2,946.96
2,618.59
2,106.68
3,500.00
3,000.00
2,500.00
2,000.00
1,500.00
1,000.00
500.00
-
EBITDA (Rs. Mn) EBITDA Margins (%)
350
300
250
200
150
100
50
-
8.02%
168.99
10.13%
298.51
9.01%
235.81
12.00%
10.00%
8.00%
6.00%
4.00%
2.00%
-
Q1 FY23
Q4 FY23
Q4 FY24
Q1 FY23
Q4 FY23
Q4 FY24
PAT (Rs. Mn) PAT Margins (%)
250
200
150
100
50
-
3.47%
73.18
5.00%
147.31
3.88%
101.47
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
-
Q1 FY23
Q4 FY23
Q4 FY24
Segmental Revenue Distribution
8%
8%
17%
18%
Q1 FY23
75%
Q1 FY24
74%
Manufacturing
Power Transmission
Railway
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
17
FINANCIAL SYNOPSIS
CONSOLIDATED FINANCIAL SNAPSHOT
Income Statement
Particulars (Rs. Mn)
Q1 FY24
Q1 FY23
YoY (%)
Q4 FY23
REVENUE GROWTH :
Revenue from operations
2,618.59
2,106.68
24.30%
2,946.96
Other income
Total revenue
4.95
5.84
2,623.54
2,112.52
16.29
2,963.24
In the first quarter of FY24, revenue from operations experienced a healthy growth of 24.30% reaching to Rs. 2,618.59 Mn. in Q1 FY24 compared to Rs. 2,106.68 Mn. in Q1 FY23. This growth was primarily driven by the rising demand of customized steel structures and diversified EPC solutions, as well as efficient execution of the order book.
Total expenses excluding depreciation, ammortization, and finance cost
2,382.78
1,937.69
24.19%
2,648.45
EBITDA & EBITDA MARGINS :
EBITDA increase by 39.54% from 168.99 Mn. in Q1 FY23 to Rs. 235.81 Mn. in Q1 FY24 and EBITDA margins increased by 99 bps from 8.02% in Q1 FY23 to 9.01% in Q1 FY24 led by increasing scale of operations and efficient utilisation of resources.
PAT & PAT MARGINS
PAT was recorded at Rs. 101.47 Mn. in Q1 FY24 from Rs. 73.18 Mn. in Q1 FY23 surging by 38.67% on YoY basis and PAT Margins increased by 40 bps from 3.47% in Q1 FY23 to 3.88% in Q1 FY24.
EBITDA (Excluding Other Income)
235.81
168.99
39.54%
298.51
EBITDA Margin %
9.01%
8.02%
99 bps
10.13%
Depreciation & Amortization
Finance Cost
Exceptional Items
PBT
Tax Expense
PAT
22.28
81.90
0.00
18.69
57.73
0.00
136.59
98.42
35.11
25.24
21.75
94.46
(6.45)
192.14
44.82
101.47
73.18
38.67%
147.31
PAT Margin %
3.88%
3.47%
40 bps
5.00%
Other comprehensive income
Net PAT
Diluted EPS
0.00
101.47
0.32
0.00
73.18
0.26
(0.79)
146.52
0.48
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
19
MANAGEMENT COMMENTARY
“We are happy to share with you our robust financial and business performance for Q1 FY24. Our revenue from operations increased by 24.30% from Rs. 2,106.68 Mn in Q1 FY23 to Rs. 2,618.59 Mn in Q1 FY24. Our EBITDA margins increased by 99 bps from 8.02% in Q1 FY23 to 9.01% in Q1 FY24 and PAT margins improved by 40 bps in Q1 FY24 to 3.88% in Q1 FY24 compared to 3.47% in Q1 FY23.
Our expertise and strengths continues to be reflected in our strong orderbook which is worth Rs. 14,350 Mn. In the EPC segment, we are experiencing heavy traction and have secured orders from various sources in both domestic and international markets. The towers and poles segment is also experiencing strong demand from both domestic and international markets. This heightened demand is primarily being driven by the escalating need for telecom towers and robust advancements in establishing 5G services across India. In addition there has been a notable increase in electricity demand on year-on-year basis which has led for increased and healthy demand of our products used in the power T&D industry. Moreover, in our heavy steel structures division, the outlook is equally positive because of robust infrastructure push by government.
Further, our new state of the art galvanization plant is nearing completion and the said expansion will allow us to manufacture monopoles up to 3 meter in diameter used in higher KVA transmission lines. This segment faces less competition owing to our strong presence and will act as a value-added product offering better margins and boosting our revenue visibility. This new plant also deploys step ahead processes and cutting edge technologies which will enhance overall efficiency in the manufacturing process and enhance margins.
We believe that the above expansion will aid us in capitalizing on opportunities that emanate from India’s transformative shift towards stainless steel and galvanized steel, departing from conventional offerings. This transition is closely tied to India's dedication to sustainable infrastructure and its progression towards clean energy and achieving net-zero emissions.
Lastly, we remain focused on our core mission of delivering exceptional engineering and construction solutions to our customers while driving sustainable growth to our stakeholders. We will continue to invest in our network and technology, while also exploring new opportunities for growth and innovation. We would like to conclude by thanking our whole team who have stood tall with us in every situation”
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
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BUSINESS OUTLOOK - EXCITING TIMES AHEAD
Economic Outlook
• The government's ongoing emphasis on infra- structure development creates opportunities for the company to participate in major projects and contribute to the growth of the sector
• With steel prices stabilized, the company can offer more competitive pricing to customers, potentially leading to increased market demand and sales.
Riding On Multiple Growth Levers
• The Company's renewable business is set to benefit from the growth of renewable energy in India, creating a favorable environment that will contribute to its progress and success
• Poised to benefit from the increasing demand for electricity, presenting opportunities for revenue growth
• The introduction of 5G technology is expected to drive a surge in demand for telecom towers in India.
• The Company can capitalize on the government's objective of electrifying railways, opening avenues for business expansion.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
21
THE ESG WAY
ENVIRONMENT
SOCIAL
GOVERNANCE
STEL is committed towards a cleaner, greener, and healthier environment.
STEL
is
reducing energy carbon consumption emission by installing rooftop solar panels.
and
STEL is contributing towards skill development among the local population.
STEL is undertaking extensive initiatives within the CSR Policy.
and
STEL is creating a professional in board professional KMPs as part of compliance and professional ethics.
bringing
STEL is contributing towards increasing green cover around areas of its presence.
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
22
CAPITAL MARKET INFORMATION
Shareholding Pattern as at 30th June, 2023
Market Price Performance
Particulars
% Shareholding
Promoter and Promoter Group
Institutions
Public
LATOT
Market Indicators
Incorporated
Listed on
63.07%
9.04%
27.88%
%00.001
2006
BSE & NSE
BSE Scrip Code/ NSE Symbol
540642/ SALASAR
Issued Shares
Share Price (as at 11th Aug, 2023)
Market Capital (Rs. million)
52 Weeks High/Low
31,57,05,280
50.71
16,009 Mn.
58.30/22.40
70
60
50
40
30
20
10
0
₹ 51.75
₹ 50.94 ₹ 50.14 ₹ 50.71
₹ 47.80
₹ 43.52
₹ 42.10
₹ 42.57
₹ 33.55
₹ 35.35
₹ 39.91
₹ 30.40
₹ 28.80
₹ 24.95
JUL-22
AUG-22
SEP-22
OCT-22
NOV-22
DEC-22
JAN-23
FEB-23
MAR-23
APR-23
MAY-23
JUN-23
JULY-23
AUG-23
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
23
THANK YOU For further information on the Company, please visit - www.salasartechno.com Email: compliance@salasartechno.com Contact: +91 172 466 7111
Krunal Shah | Naman Maheshwari Captive IR Strategic Advisors Pvt. Ltd. Email: krunal@cap-ir.com / naman@cap-ir.com Contact: +91 93724 67194
Investor Presentation Aug 2023 A Seasoned, Expert, Dependable And Agile Infrastructure Enabler
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