Salasar Techno Engineering Limited has informed the Exchange regarding 'Investor Presentation with regard to Financial results of the Company for Q3 FY 2025'.
Salasar Techno Engineering Limited
Date: 15.02.2025
To,
The Manager – Listing National Stock Exchange of India Ltd. Exchange Plaza, Bandra Kurla Complex Bandra East Mumbai – 400051 Symbol - SALASAR
The Secretary Corporate Relationship Dept. BSE Limited P. J. Tower, Dalal Street, Mumbai – 400001 Scrip Code: 540642
SUB: Investor Presentation on Financial Results for Q3 FY25
Dear Sir/ Madam,
With reference to the captioned subject and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Please find enclosed herewith copy of Investor Presentation issued by the Company with regard to Financial Results of the Company for Q3 FY 2025.
You are requested to kindly take the same on record.
Yours faithfully, For Salasar Techno Engineering Limited
Mohit Kumar Goel Company Secretary & Compliance Officer
CIN No. - L23201UP2001PLC209751
Regd. Off. & Unit 1- Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur- 201015
+91 8938802180, 7351991000
Unit 2- Khasra 1184, 1185, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304
+91 120 6546670 Fax: +91 11 45823834
Unit 3- Khasra 686/6, Khera, Pilkhuwa, Tehsil Dhaulana, Distt. Hapur-245304
www.salasartechno.com
towers@salasartechno.com marketing@salasartechno.com
MOHIT KUMAR GOELDigitally signed by MOHIT KUMAR GOEL Date: 2025.02.15 17:45:43 +05'30' SHAPING THE FUTURE OF INFRASTRUCTURE WITH DEPENDABLE SOLUTIONS THAT ARE BUILT TO LAST
BSE: 540642 | NSE: SALASAR
SALASAR TECHNO ENGINEERING LIMITED
Investor Presentation, February 2025
SAFE HARBOUR
This presentation and the following discussion may cont ain “forward looking statements” by Salasar Techno Engineering Limited (“STEL” or “the Company”) that are not historical in nature. These forward lookin g stat emen ts, inclu de statemen ts relating to future results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections 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 STEL’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 STEL. It should be noted that the actu al perf orman ce or achievements of STEL may vary significantly from such statements.
Investor Presentation Feb 2025
01
TABLE OF CONTENTS
VISION & MISSION OUR JOURNEY WHO WE ARE ? DISTINCTIVE MANUFACTURING STRENGTHS OUR BUSINESS AT GLANCE CLIENTS CATERED BUSINESS MODEL CANVAS FORGING THE PILLARS OF TRANSFORMATIONS COLLABORATION-RAMBOLL INDIA TOWARDS A GREENER TOMORROW KEY INDICATORS WE OCCUPY A DISTINCTIVE POSITION ORDER BOOK HIGHLIGHTS SEGMENTAL REVENUE BREAKUP KEY FINANCIAL HIGHLIGHTS INDUSTRY OVERVIEW & GROWTH OPPORTUNITIES OUR MANAGEMENT
VISSION
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 Feb 2025
01
OUR JOURNEY
Bagged project worth Rs. 2,280Mn. for rural electrification from PVVNL, UP.
Introduced – Telecom Monopoles
Got listed on NSE and BSE Platform
Introduced new products like high mast, stadium lights & flag poles, and smart city poles
Increased
its galvanizing capacity
to
50,000 MTPA 2016-2017
Received status of “Approved Vendor” from PGCIL.
operations
Commenced for transmission lines with first order ‘Central from coming Organization of Railways’ for track electrification worth Rs. 395 Mn.
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
2018
2019
Incorporated in the year 2006 and established itself as the industry leader in manufacturing and supply of Telecom Towers.
2006-2015
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
Investor Presentation Feb 2025
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 operational infrastructure 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.
2023 Secured a Letter of Intent from Nepal Electricity Authority (NEA) worth Rs. 1,430 Mn.
2024 Acquired M/s EMC Limited for Rs. 1,780 Mn
Bagged an EPC order worth Rs. 752.38 Mn Development Energy for designing, Corporation Limited 110kv supplying,
installing
from
and
transmission line in Africa.
Commenced
96,000
MTPA
Galvanisation plant in Uttar Pradesh.
Bagged an EPC order worth Rs. 3,640 Mn from Tamil Nadu Generation and Limited Distribution
Corporation
(TANGEDCO)
Bagged orders worth Rs. 10,337.8 Mn from Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO)
02
WHO WE ARE ?
Salasar Techno Engineering Limited was incorporated in 2001, and in 2006, Mr. Alok Kumar and Mr Shashank Agarwal started the company's Telecom Tower business. Since then, the company has emerged as a prominent player in the Industry.
o
o
In the Manufacturing segment, we manufacture and supply galvanized and non galvanized steel structures (Towers) for critical applications, including power transmission, telecom towers, and railway electrification. We also manufacture and supply heavy steal structure such as bridge etc.
In the EPC sector, We delve into the business of Power Distribution, EHV Power Transmission Lines & Substations, Railway Overhead Electrification and Railway Track Laying.
EPC services are provided in the states Delhi, Haryana, Uttar Pradesh, Jharkhand, Himachal Pradesh, Assam, Gujarat, Rajasthan, Bihar, Orissa, Uttarakhand, Arunachal Pradesh and Tamil Nadu etc.
We boast of a dedicated team that covers the entire lifecycle right from Design, Manufacture, Installation & Commissioning of projects. We also offer customized solutions as per customer needs.
We successfully completed approximately 921.77 kilometers of power transmission lines and 743 kilometers of railway track.
Telecom
Power
Renewable
Poles
Heavy Structural Divisions
Smart City Solutions
Business Verticals
Specializing in both galvanized and non-galvanized steel structures, the company delivers a diverse array of infrastructure solutions.
We also provide services of contractual galvanising for various leading companies like Immadi E- commerce, Zetwerk etc
Investor Presentation Feb 2025
03
DISTINCTIVE MANUFACTURING STRENGTHS
Manufacturing Facilities: Operates three state-of-the-art manufac- turing plants in Uttar Pradesh with a total capacity of 211,000 MTPA, including 196,000 MTPA for tower manufac- turing and galvanization, and 15,000 MTPA for the Heavy Steel Structural Division.
In-House Capabilities: Features full in-house fabrication and hot-dip galvanizing facilities, enhancing the manufacturing of galvanized towers according to customer specifications.
New Galvanization Plant: o Recently commissioned a new galvanization plant with a capacity of 96,000 MT per annum—one of the largest globally—designed to meet the growing demand for high-quality galvanized products across various industries, including monopoles, large structures, infrastructure, construction, and automotive. o Galvanizing Plant Specifications: One of Asia’s largest galvanizing plants with dimensions of 13m in length, 3m in width, and 3.6m in depth.
Advanced Equipment : Utilizes high-tech inter- national machinery for production, including state-of-the-art bending machines capable of bending mild steel plates up to 30mm thick with precision, enabling tailored customer solu- tions.
Strategic Location : The facilities are strategically located to facilitate the procurement of quality raw materials at competitive prices. Company has three manufacturing units at Jindal Nagar, Hapur District (UP) and Khera Dehat, Hapur District (UP)
Investor Presentation Feb 2025
04
OUR BUSINESS AT GLANCE
SALASAR
MANUFACTURING
ENGINEERING PROCUREMENT & CONSTRUCTION (EPC)
Telecom • Telecom Towers & Poles • Cell on Wheels • Accessories
Wind • Windmill Towers
Heavy Steel Structures • Over Bridges • Heavy & Complex Structures • Light Building Structures • Pre Engineered Buildings
Power • Transmission Line Towers • Substation Structures • Transmission Line Monopoles
Railway Overhead Electrification Structures
• Portals Masts • Special Fabricated Masts • Bridge Masts • DFCC Structures • Small Parts Steel
Solar • Module Mounting Structures • Solar Trees • Solar Water Pumps • Solar Street Light Poles
POWER DISTRIBUTION LINES
Design, Supply, Erection, Testing, & Commissioning of Distribution Lines of 11kV and 33kV, LT Lines, and Trans- formers including transformer augmentation, feeder segregation, and RDSS works as per government schemes
POWER TRANSMISSION
RAILWAY ELECTRIFICATION
SUBSTATIONS
Design, Supply, Erection, Testing & Commissioning of Power Transmis- sion Lines of 66kV, 132kV, 220 kV, 400kV, and 765kV.
Design, Supply, Erection, Testing & Commissioning of 25 kV, 50 Hz, Single Phase, AC, Electrification including normal Height OHE, High Rise OHE and TSS works
Design, Supply, Erection, Testing & Commissioning of EHV and Grid Substa- tions of 66kV, 132kV, 220kV, 400kV, and 765kV
Investor Presentation Feb 2025
05
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
Power Sector
Others / EPC
Overseas Clients
Investor Presentation Feb 2025
and many more...
06
BUSINESS MODEL CANVAS EVOLVING BUSINESS
REVENUE STREAM We have two revenue streams: the first is manufacturing, where we provide structures without participating in tenders, and the second is EPC, where we actively participate in the tendering
COST STRUCTURE The facilities are strategically located to facilitate the procurement of quality raw materials at competitive prices.
CUSTOMER SEGMENT In tower, heavy steel structures and EPC business, we deal with government and private clients. We serve both domestic and international customers. We have pan India presence and in overseas we are present in West Africa, East Africa, Central Africa, the Philippines, Saudi Arabia, Nepal, Myanmar, and many more. Global Footprint: serves 25+ countries.
KEY ACTIVITIES The Company is primarily engaged in the business of manufacturing and sale of galvanized, non galvanized and heavy steel structures including telecom towers, transmission line towers including Railway Electrification (OHE) and solar panels. It is also engaged in EPC solutions by carrying out engineering, designing, fabrication, galvanization and deployment of towers, transmission lines and railway electrification
KEY PARTNERS World's largest multinational corporations as trusted partners. Strong relationship with suppliers to assure reliable supplies.
KEY RESOURCE The principal raw material is Steel shapes & sections which includes MS Plates, MS Angles, MS Pipes and Zinc. We source raw material from Tata Steel Ltd, Jindal Pipes
OUR VALUE CHAIN MOVING UP THE VALUE CHAIN- FORWARD INTEGERATED
Steels as Input
Manufacture MS and HT Angles
Fabricate and Galvanise Complete Tower
EPC Line
Investor Presentation Feb2025
07
FORGING THE PILLARS OF TRANSFORMATIONS EMC ACQUISITION
Salasar Techno has strategically acquired EMC Limited, a key player in the engineering, procurement, and construction (EPC) sector specializing in power transmission and distribu- tion projects, for a cash consideration of ₹178 crore. The company conducted a preferential issue of ₹290.77 crores, with the majority of the funds allocated for acquisitions
With a history of exporting galvanized steel towers and hardware since the early 1970s, Salasar Techno is now pursuing turnkey EPC projects in power transmission and substations. The integration of EMC’s capabilities positions the company as a qualified bidder for 765 kV transmission line and substation projects, a lucrative segment with limited competition.
This acquisition enhances Salasar Techno’s operations by leveraging EMC’s expertise in executing complex EPC orders and adding valuable immovable properties in prime locations as strategic assets.
EMC’s ownership of a solar power plant, supported by a Power Purchase Agreement (PPA) with NTPC, introduces a sustainable energy dimension to Salasar Techno’s portfolio, diversifying operations and providing a reliable income stream from renewable energy.
Additionally, the company has undertaken transmission line projects abroad and is currently executing a project in Tanzania with a local joint venture partner.
Investor Presentation Feb 2025
08
COLLABORATION-RAMBOLL INDIA
Salasar has formed a technical collaboration with M/S Ramboll Telecom of Denmark, a recognized leader in innovative tower design with over 60 years of experience.
Ramboll's designs are time-tested, lighter in weight, and cost 20% less than conventional angular towers.
As Ramboll's largest partner, Salasar benefits from their expertise across diverse industries, including telecommunications, environment and health, buildings, transport, water, management consulting, and energy.
Ramboll has a significant presence in the Nordics, UK, North America, Continental Europe, the Middle East, and Asia-Pacific.
Investor Presentation Feb 2025
09
TOWARDS A GREENER TOMORROW SALASAR TECHNO ENGINEERING’S STRATEGIC ESG INITIATIVES FOR SUSTAINABLE GROWTH
•
•
•
•
EMBRACING SUSTAINABILITY o o
At a critical phase of integrating Environmental, Social, and Governance (ESG) principles into our core operations. ESG focus is vital for achieving sustainable growth and long-term value creation.
AMBITIOUS SUSTAINABILITY TARGETS o o o
Reduce Scope 1 and 2 GHG emissions by 10% by 2030 (compared to 2023 baseline). Achieve Zero Liquid Discharge (ZLD) certification for all plants by 2029. Implement sustainable sourcing practices by 2028.
KEY PROGRESS AND ACHIEVEMENTS o o o o
GHG emissions reduction efforts already in progress. Stakeholder engagement exercise conducted for the 2023-2025 period. ISO 20400 for sustainable procurement in planning stages. Zero Liquid Discharge (ZLD) achieved in one plant.
CONTINUOUS IMPROVEMENT AND FUTURE FOCUS o o o
Committed to ongoing reviews and refinements in sustainability practices. Focus on innovation, collaboration, and proactive engagement to meet targets. Aims to create a sustainable and inclusive future for Salasar Techno Engineering and its stakeholders.
Investor Presentation Feb 2025
10
KEY INDICATORS
600+ Clients and customers served
Supplied 50,000+ Telecom Towers
Laid ~921.77 of Power Transmission Line Kms
Laid ~743 Railway track km
Zero Defect Production
Capacity Utilisation stood at 55%
Serves 25+ countries
Investor Presentation Feb 2025
11
WE OCCUPY A DISTINCTIVE POSITION
•
•
•
•
•
•
•
•
•
•
•
•
Forward Integrated
Hold Sizeable Position in Monopoles- o Monopoles, previously popular only in the US and Europe, are gaining traction in India due to their advantages over lattice towers, including reduced
space requirements, faster erection, and shorter delivery times.
o Their smaller base installation makes them an eco-friendly option, even for high-rise poles of 40 to 50 meters. o The Company is well-positioned to become the preferred partner for both national and international clients.
Largest Galvanised Plant in Asia
Strategic collaboration with Romboll
Robust Order Book Size as on 31st Dec 2024 stood at 21,979.7 Mn
Significant Success Rate in Tender Participation
Upgradation in Credit Rating- o "IVR A/Stable" to "IVR A/Positive.
Infomerics Valuation and Ratings Pvt. Ltd. has upgraded the rating of the Company’s Long-Term Bank Facilities from
Inhouse Design capabilities
Diversification in geography, clients and sectors
The shortest delivery windows in the industry
STEL’s dedication to excellence in its framework and implementation has garnered several international accolades and certifications, including ISO 45001:2018 for Occupational Health and Safety Management Systems, ISO 14001:2015 for Environmental Management Systems, and ISO 9001:2015 for Quality Management Systems.
Certified by CORE and is an approved vendor of PowerGrid Corporation Limited
Investor Presentation Feb 2025
12
ORDER BOOK HIGHLIGHTS
• Share of non-T&D products, including Railways and Telecom, in the overall order book stood at 20%.
• The company's strategic move to broaden its portfolio by increasing the proportion of non T&D products, such as Railway and Telecom, has been yielding favorable results, helping to de-risk its exposure in T&D.
Investor Presentation Feb 2025
13
ORDER BOOK POSITION & COMPOSITION AS ON 31ST DEC 2024, STEL HAS A STRONG DIVERSIFIED ORDER BOOK WORTH RS. 21,979.7 MN. PROVIDING STRONG REVENUE VISIBILITY
Particulars
Domestic Epc Orders
International Epc Orders
Manufacturing Orders Outstanding Under New Heavy Steel Structure Plant
Monopoles Orders In Hand
Exports Order In Hand (Telecom Towers And Poles Etc)
Total Orders As On 31st Dec 2024
Over & above the current order book, STEL has regular monthly orders of telecom towers worth ~Rs. 300 to 350 Mn.
*(Rs In Mn)
*Value
18,229.2
2,406.0
399.7
393.2
551.6
21,979.7
Investor Presentation Feb 2025
14
ORDER BOOK PIE
TOTAL ORDERS (MILLIONS)
2X GROWTH
23,259
24,600
24,019
23,880
21,979
17,150
15,220
14,350
14,400
11,930
9,820
Investor Presentation Feb 2025
Q3FY25
15
SEGMENTAL REVENUE BREAKUP
FY22
FY23
FY24
9MFY24
9MFY25
7%
22%
4%
35%
71%
61%
Investor Presentation Feb 2025
16
KEY FINANCIAL METRICS - QUARTERLY
REVENUE FROM OPERATIONS
EBITDA
3,751.8
374.6
3,038.8
2,814.9
23.5% YoY
33.3% QoQ
317.2
256.6
(Rs In Mn)
PAT
167.6
PAT
96.8
119.4
Q3 FY24
Q2 FY25
Q3 FY25
Q3 FY24
Q2 FY25
Q3 FY25
Q3 FY24
Q2 FY25
Q3 FY25
REVENUE FROM OPERATIONS
EBITDA
PAT
9,506.7
8,411.0
13.0% YoY
859.6
855.7
359.6
321.1
9M FY24
9M FY25
9M FY24
9M FY25
9M FY24
9M FY25
Investor Presentation Feb 2025
17
CONSOLIDATED INCOME STATEMENT - QUARTERLY
Particulars (Rs. In Mn)
Revenue From Operations
Other Income
Total Revenue
Total Expenses Excluding Depreciation, Amortization, And Finance Cost
*EBITDA
Depreciation & Amortization
Finance Cost
PBT
Tax Expense
PAT
Diluted EPS
*EBITDA (Excluding Other Income)
Q3FY25
3,751.8
7.1
3,758.9
Q3FY24
YoY (%)
Q2FY25
9MFY25
9MFY24
YoY (%)
3,038.8
23.5%
2,814.9
9,506.7
4.6
3043.5
17.4
33.5
2,832.3
9,540.2
8,423.7
8,411.0
12.7
13.0%
3,434.7
2,664.2
2,558.3
8,651.0
7,551.4
317.2
30.9
130.8
162.5
43.1
119.4
0.07
374.6
28.0
120.0
231.3
63.7
167.6
0.07
256.6
30.6
118.8
124.5
27.7
96.8
0.06
855.7
91.6
369.7
420.9
106.8
321.1
0.19
859.6
73.2
307.9
491.2
131.6
359.6
0.23
Investor Presentation Feb 2025
18
KEY FINANCIAL METRICS - YEARLY
REVENUE
NET PROFIT
EBITDA
(Rs In Cr)
1,208.4
1,004.9
654.9
596.6
526.3
718.9
52.9
40.3
29.9
31.5
22.4
122.4
91.8
69.0
51.8
57.0
ROCE
WORKING CAPITAL DAYS
DEBT/EQUITY
Investor Presentation Feb 2025
19
CONSOLIDATED INCOME STATEMENT - YEARLY
INR Crore
Revenue
Revenue % Growth
EBITDA (Ex OI)
EBITDA Margin%
EBIT
EBIT Margin%
PAT
PAT Margin%
FY20
526.3
51.8
9.8%
48.5
9.2%
22.4
4.3%
FY21
596.6
13.4%
57.0
9.6%
61.6
10.3%
29.9
5.0%
FY22
FY23
FY24
718.9
1,004.9
1,208.4
20.5%
39.8%
20.3%
69.0
9.6%
64.1
8.9%
31.5
4.4%
91.8
9.1%
85.7
8.5%
40.3
4.0%
122.4
10.1%
115.7
9.6%
52.9
4.4%
Investor Presentation Feb 2025
20
CONSOLIDATED BALANCE SHEET - YEARLY
BALANCE SHEET
Assets
PP&E
FY22
FY23
FY24
Equity & Liabilities
FY22
FY23
FY24
12,491.5
15,921.6
22,634.2
Equity share capital
2,857.1
3,157.1
15,785.3
EQUITY & LIABILITIES
(Rs In Lakhs)
Capital work in progress
551.9
2,140.9
-
Other equity
25,343.1
36,894.3
29,245.3
Other intangible assets
35.6
29.1 27.7
Non-Controlling Interest
31.9
40.2 40.3
Right of use assets
88.3
1,260.1
1,239.4
Total Equity
28,232.0
40,091.5 45,070.9
Other financial assets
2,320.7
1,478.3
3,405.3
Borrowings
4,334.3
4,024.1
3,941.1
Other non-current assets
1,045.1
376.3
102.6
Provisions
324.3
367.9
445.9
Total Non-Current Assets
16,533.1
21,206.2
27,409.1
Deferred tax liability (Net)
498.3
510.1
627.5
Inventories
Investments
15,236.4
26,274.4
33,911.4
Lease liabilities
13.5
132.5
132.4
5.4
5.2
7.1
Other non-current Liabilities
9.2
8.5
7.7
Trade receivables
29,270.1
32,983.1
32,386.7
Total Non-Current Liabilities
5,179.7
5,043.0
5,154.6
Cash & cash equivalents
27.7
42.7
260.0
Borrowings
20,523.3
23,164.0
30,931.1
Other financial assets
2,531.8
5,369.7
14,885.5
Trade payables
5,085.1
7,261.8
10,244.0
Bank
1,026.2
2,078.5
2,674.0
Other financial liabilities
2.4
2.2
2.5
Other current assets
3,521.3
3,454.8
3,555.0
Provisions
29.4
47.3 43.4
Current tax assets(Net)
109.6
-
-
Other current liabilities
9,209.4
15,677.3
23,576.3
Total Current Assets
51,728.4
70,208.3
87,679.7
Current tax liabilities
-
127.4 66.3
Total Assets
68,261.5
91,414.5
1,15,088.8
Total Current Liabilities
34,849.7
46,280.0 64,863.4
Total Equity & Liabilities
68,261.5
91,414.5
1,15,088.9
Investor Presentation Feb 2025
21
INDUSTRY OVERVIEW & GROWTH OPPORTUNITIES
TELECOM SECTOR
India is the second largest Telecom market in the world with a subscriber base of 1.18 Billion.
Telecom Towers in India (in 000s)
1,672
1,508
1,345
1,185
1,028
837
914
754
1800
1600
1400
1200
1000
800
600
400
200
0
FY 2023
FY 2024F FY 2025F FY 2026F FY 2027F FY 2028F FY 2029F FY 2030F
Indian government is backing telecom infrastructure with plans to add 8 lac new mobile towers over the next 2 years
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
Total telecom tower base in India is expected to reach nearly 16.70 lakhs by FY 2030, from current base of 7.54 lakhs towers.
This would result in addition of 1.30 lakhs towers per annum, up from current yearly addition of 60 to 70 thousand telecom towers per annum.
Furthermore, the government’s commitment to strengthen the nationwide 4G infrastructure provides significant growth potential
Investor Presentation Feb 2025
22
RAILWAY SECTOR
Growth of Railway Electrification (Route Km, RKM)
Budget Allocation for Railway Electrification
*6,886 RKM already commissioned till21
2,150
3,038
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
2004-09
2009-14
2014-19
2019-24 (Planned)
FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
As of Feb 2024, 61,813 km length of Broad-Gauge network has been electrified. With this, Indian Railways is rapidly progressing towards its target of 100% electrification and becoming the largest green railway network in the world. Indian Railways (IR) is rapidly progressing to accomplish Mission.
India is making strides toward complete electrification of its rail network, with a dedicated budget of Rs 6,500 crore allocated for 2024-25
Within the allocated funds of
2.52 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 Feb 2025
23
POWER T&D
01
02
03
04
05
The Transmission Plan also covers Cross border interconnections with Nepal, Bhutan, Myanmar, Bangladesh, Sri Lanka as well as probable interconnections with Saudi Arabia, UAE etc.
The transmission plan highlights new technology options in transmission sector like Hybrid Substations, Monopole Structures, Insulated Cross Arms, Dynamic Line Rating, High Performance Conductors, Upgradation of maximum operating voltage to 1200 kV AC as well as skill development in Transmission Sector.
With several transmission schemes under construction, several transmission schemes under bidding and several other transmission schemes in pipeline, the transmission Plan provides visibility to the investors of the massive investment opportunity of over INR 9,15,000 Crores in Transmission Sector till the year 2032.
Global and domestic investments in T&D infrastructure for renewables will significantly increase demand for new transmission networks.
As per the National Electricity Plan, over 1,91,000 ckm of trans- mission lines and 1270 GVA of transformation capacity is planned to be added during the ten year period from 2022-23 to 2031-32 (at 220 kV and above voltage level). In addi- tion, 33 GW of HVDC bi-pole links are also planned. The inter-re- gional transmission capacity is planned to increase to 143 GW by the year 2027 and further to 168 GW by the year 2032, from the present level of 119 GW.
https://pib.gov.in/PressReleasePage.aspx?PRID=2064751
Investor Presentation Feb 2025
24
POWER T&D LINES–SEIZING THE OPPORTUNITY
GRID RELIABILITY
RENEWABLE ENERGY DEVELOPMENT
KEY GROWTH DRIVERS
AGEING INFRASTRUCTURE
GROWTH IN DEMAND FOR TRANSMISSION EQUIPMENT
GENERATION CAPACITY ADDITION
LOAD GROWTH AND INCREASED ELECTRIFICATION
Investor Presentation Feb 2025
25
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 & fabrication of iron & steel, journey as a Managing Partner
he started his Gupta
in
Traders &
thereafter
from 1959
operated two foundry units of C.I. casting Capital Udyog. Founders namely Capital
&
With an experience spanning 25+ years, Mr. Shashank has built the company from scratch with the help of force
behind the
directors
& was
other
driving
the company’s IPO in 2017.
With a professional experience of
20+ Years, Mr. Shalabh is at the forefront of all the innovation that at the takes company fromtechnological
place to procedural
&
looks
after
Salasar’s power vertical.
B.Com from SRCC, Delhi and MBA in Finance from IMT, Nagpur.
With a decades experience in management, policy-making,
strategic business
development, & various other corporate matters; Tripti Gupta has been the pillar of strength for Salasar since 2014.
Investor Presentation Feb 2025
26
OUR MANAGEMENT
Mr. Rajesh Agarwal Independent & Non-Executive Director
Mr. Jai Krishan Aggarwal Independent & Non-Executive Director
Mr. Mukesh Kumar Garg Independent & Non-Executive Director
Mrs. Garima Dhamija Independent & Non-Executive Director
Chartered Accountant
B.Tech Civil
Engineering,
Engineering, PGDIM
M.Tech
Structural
& PGDM/IGNOU.
Mr. Jai Krishan Aggarwal is a Chartered Accountant with over three decades of professional experience in accounting, taxation, & corporate law.He is the promoter partner of a well-regarded CA firm & a Fellow member of the Institute of Chartered Accountants of India (ICAI).
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
Mechanical Engineering (CEI – London), Metallurgical Engineering (IE – India), & Electrical Engineering (IE – India).
Rajesh Agrawal is a distinguished & highly accomplished professional with an extensive career spanning across government, industry, & international domains. He holds degrees in Mechanical Engineering (CEI – London), Metallurgical Engineering (IE – India), & Electrical Engineering (IE – India). Throughout his career, Mr. Agrawal has held prominent positions, including serving as the Principal Advisor for Tata Steel (NMB) & as a Member of the Railway Board (APEX Grade) in the Government of India.
Investor Presentation Feb 2025
MBA from IIM, Kozhikode & Masters in Economics from Punjab University.
A Hogan and OPQ Certified Assessor, Mrs. in Garim is certified
coaching
Emotional Intelligence. Her work with senior leaders in businesses has
through one-on-one
been acknowledged for creating
long
term impact on individuals.
27
THANK YOU
For further information on the Company, Please visit: www.salasartechno.com Email: compliance@salasartechno.com Contact: +91 172466 7111
Captive IR Strategic Advisors Pvt. Ltd. Krunal Shah/ Vinayak Shirodkar Email: krunal@cap-ir.com/ vinayak@cap-ir.com Contact: +91 8828297287