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Salasar Techno Engineering Limited (SALASAR) Fair Value & Analysis

Basic Materials · IN · Market cap ₹10.8B

ST Salasar Techno Engineering Limited SALASAR · NSE
Price₹6.11
Fair Value₹3.36
Upside-45.0%
Quality37/100
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Evidence: High Range ₹1.58 – ₹3.36

Fair value as of: Jul 3, 2026

From 23 valuation models · updated today

Share price −12.0% over the past month.

Price vs Fair Value (12 months)

₹10.79 ₹5.64 Fair Value ₹3.36 Jul 2025 Jul 2026

12‑month range ₹5.64 – ₹10.79 · fair‑value band ₹1.58 – ₹3.36 · the ₹6.11 price screens above the ₹3.36 fair value. As of Jul 3, 2026.

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Analysis

Salasar Techno Engineering Limited (SALASAR) currently trades at ₹6.11, while our model-based Fair Value estimate is ₹3.36 — implying the stock looks roughly 45.0% overvalued today. We read business quality at 37/100 (below-average quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Salasar Techno Engineering Limited generated revenue of ₹15.0B at a net margin of 1.2%. Revenue declined 10.5% year over year. It earns a return on equity of 2.2%. Net debt stands at ₹3.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹15.0B
Revenue growth (YoY) -10.5%
Net margin 1.2%
Return on equity 2.2%
Free cash flow ₹365M FY2026
P/E ratio 62.0
More key figures
Operating margin 1.8%
EPS (TTM) ₹0.1000
EPS growth (YoY) -42.9%
Net debt ₹3.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Salasar Techno Engineering Limited engages in the manufacture and sale of galvanized and non-galvanized steel structures in India and internationally. It operates in two segments, Steel Structure, and Engineering Procurement and Construction. The company's products include telecommunication towers, solar towers, heavy steel structure, smart city solutions, power transmission line towers, smart lighting poles, utility poles, high mast poles, stadium lighting poles, monopoles, substation structures, solar module mounting structures, railway electrification, road and railway over-bridges, and both galvanized and nongalvanized custom steel structures. It also offers engineering, procurement, and control services for rural electrification, power transmission lines, and solar power plant projects. In addition, the company undertakes engineering, procurement, and construction projects for survey, supply of materials, design, erection, and testing and commissioning on a turnkey basis. …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Salasar Techno Engineering Limited reported revenue of ₹15.0B in FY2026 versus ₹7.2B in FY2022, a compound +20.2%/yr. Reported net income was ₹172M in FY2026, compounding −14.0%/yr from FY2022.

Revenue +20.2%/yr
FY22 ₹7.2B
FY23 ₹10.0B
FY24 ₹12.1B
FY25 ₹14.5B
FY26 ₹15.0B
Net income −14.0%/yr
FY22 ₹314M
FY23 ₹402M
FY24 ₹529M
FY25 ₹191M
FY26 ₹172M

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Similar stocks

6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Tata Steel Limited TTST $22.20 $11.06 -50%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$172.80 R$119.18 -31%
JSW Steel Limited JSWSTEEL ₹1,242 ₹1,140 -8%
Baoshan Iron & Steel Co 600019 ¥5.75 ¥8.07 +40%
China Steel Corporation 2002A 38.25 TWD 9.37 TWD -76%

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Frequently asked questions

Is Salasar Techno Engineering Limited (SALASAR) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹3.36 versus a price of ₹6.11 — about −45% (overvalued). Model-based estimate, not financial advice.
What is the fair value of SALASAR?
Our model-based fair value for Salasar Techno Engineering Limited is ₹3.36 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹6.11.
What is the quality score of SALASAR?
Salasar Techno Engineering Limited has a Quality Score of 37/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Salasar Techno Engineering Limited (SALASAR)?
Salasar Techno Engineering Limited reported trailing-twelve-month revenue of about ₹15.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of SALASAR?
The net profit margin of Salasar Techno Engineering Limited is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.