Salasar Techno Engineering Limited (SALASAR) - Net Assets
Based on the latest financial reports, Salasar Techno Engineering Limited (SALASAR) has net assets worth Rs8.13 Billion INR (≈ $87.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs18.48 Billion ≈ $199.83 Million USD) and total liabilities (Rs10.35 Billion ≈ $111.89 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check SALASAR cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs8.13 Billion |
| % of Total Assets | 44.01% |
| Annual Growth Rate | 25.67% |
| 5-Year Change | 210.67% |
| 10-Year Change | 909.08% |
| Growth Volatility | 21.02 |
Salasar Techno Engineering Limited - Net Assets Trend (2013–2025)
This chart illustrates how Salasar Techno Engineering Limited's net assets have evolved over time, based on quarterly financial data. Also explore SALASAR total asset value for the complete picture of this company's asset base.
Annual Net Assets for Salasar Techno Engineering Limited (2013–2025)
The table below shows the annual net assets of Salasar Techno Engineering Limited from 2013 to 2025. For live valuation and market cap data, see how much is Salasar Techno Engineering Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs7.86 Billion ≈ $85.00 Million |
+74.39% |
| 2024-03-31 | Rs4.51 Billion ≈ $48.74 Million |
+12.42% |
| 2023-03-31 | Rs4.01 Billion ≈ $43.36 Million |
+42.01% |
| 2022-03-31 | Rs2.82 Billion ≈ $30.53 Million |
+11.59% |
| 2021-03-31 | Rs2.53 Billion ≈ $27.36 Million |
+22.13% |
| 2020-03-31 | Rs2.07 Billion ≈ $22.40 Million |
+9.35% |
| 2019-03-31 | Rs1.89 Billion ≈ $20.49 Million |
+19.15% |
| 2018-03-31 | Rs1.59 Billion ≈ $17.19 Million |
+65.91% |
| 2017-03-31 | Rs958.33 Million ≈ $10.36 Million |
+23.03% |
| 2016-03-31 | Rs778.92 Million ≈ $8.42 Million |
+21.57% |
| 2015-03-31 | Rs640.74 Million ≈ $6.93 Million |
+13.35% |
| 2014-03-31 | Rs565.27 Million ≈ $6.11 Million |
+11.57% |
| 2013-03-31 | Rs506.65 Million ≈ $5.48 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Salasar Techno Engineering Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 35526.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs1.73 Billion | 21.98% |
| Other Comprehensive Income | Rs68.27 Billion | 869.01% |
| Other Components | Rs2.08 Billion | 26.43% |
| Total Equity | Rs7.86 Billion | 100.00% |
Salasar Techno Engineering Limited Competitors by Market Cap
The table below lists competitors of Salasar Techno Engineering Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S&P Syndicate Public Company Limited
BK:SNP
|
$140.86 Million |
|
Fu Yu Property Co Ltd
TWO:4907
|
$140.89 Million |
|
Count Ltd
AU:CUP
|
$140.89 Million |
|
Sunko Ink Co Ltd
TW:1721
|
$140.96 Million |
|
mPLUS Corp
KQ:259630
|
$140.70 Million |
|
HIM International Music
TWO:8446
|
$140.70 Million |
|
Otello Corporation ASA
OL:OTEC
|
$140.50 Million |
|
Beijing Tongtech Co Ltd
SHE:300379
|
$140.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Salasar Techno Engineering Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,503,057,000 to 7,855,530,000, a change of 3,352,473,000 (74.4%).
- Net income of 191,046,000 contributed positively to equity growth.
- Share repurchases of 2,327,960,000 reduced equity.
- New share issuances of 2,327,960,000 increased equity.
- Other comprehensive income increased equity by 65,341,072,999.
- Other factors decreased equity by 62,179,645,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs191.05 Million | +2.43% |
| Share Repurchases | Rs2.33 Billion | -29.63% |
| Share Issuances | Rs2.33 Billion | +29.63% |
| Other Comprehensive Income | Rs65.34 Billion | +831.78% |
| Other Changes | Rs-62.18 Billion | -791.54% |
| Total Change | Rs- | 74.45% |
Book Value vs Market Value Analysis
This analysis compares Salasar Techno Engineering Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.63x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 23.21x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rs0.32 | Rs7.45 | x |
| 2014-03-31 | Rs0.36 | Rs7.45 | x |
| 2015-03-31 | Rs0.41 | Rs7.45 | x |
| 2016-03-31 | Rs0.49 | Rs7.45 | x |
| 2017-03-31 | Rs3.61 | Rs7.45 | x |
| 2018-03-31 | Rs1.01 | Rs7.45 | x |
| 2019-03-31 | Rs1.20 | Rs7.45 | x |
| 2020-03-31 | Rs1.31 | Rs7.45 | x |
| 2021-03-31 | Rs1.60 | Rs7.45 | x |
| 2022-03-31 | Rs1.79 | Rs7.45 | x |
| 2023-03-31 | Rs2.54 | Rs7.45 | x |
| 2024-03-31 | Rs2.85 | Rs7.45 | x |
| 2025-03-31 | Rs4.56 | Rs7.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Salasar Techno Engineering Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.32%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 2.20x
- Recent ROE (2.43%) is below the historical average (12.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.74% | 2.32% | 1.34x | 3.14x | Rs-1.33 Million |
| 2014 | 10.39% | 2.01% | 1.42x | 3.65x | Rs2.20 Million |
| 2015 | 9.78% | 1.90% | 1.76x | 2.92x | Rs-1.39 Million |
| 2016 | 14.17% | 3.56% | 1.75x | 2.27x | Rs32.50 Million |
| 2017 | 21.65% | 5.40% | 1.49x | 2.68x | Rs111.61 Million |
| 2018 | 18.63% | 5.99% | 1.34x | 2.32x | Rs137.22 Million |
| 2019 | 17.56% | 5.21% | 1.35x | 2.49x | Rs143.28 Million |
| 2020 | 10.80% | 4.35% | 1.13x | 2.19x | Rs16.62 Million |
| 2021 | 11.73% | 4.97% | 1.08x | 2.19x | Rs43.78 Million |
| 2022 | 11.15% | 4.37% | 1.05x | 2.42x | Rs32.44 Million |
| 2023 | 10.03% | 4.00% | 1.10x | 2.28x | Rs1.19 Million |
| 2024 | 11.75% | 4.38% | 1.05x | 2.56x | Rs79.02 Million |
| 2025 | 2.43% | 1.32% | 0.84x | 2.20x | Rs-594.51 Million |
Industry Comparison
This section compares Salasar Techno Engineering Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $56,981,137
- Average return on equity (ROE) among peers: 11.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Salasar Techno Engineering Limited (SALASAR) | Rs8.13 Billion | 9.74% | 1.27x | $140.83 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Bharat Wire Ropes Limited (BHARATWIRE) | $222.58 Million | 9.47% | 2.22x | $164.68 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Salasar Techno Engineering Limited
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 li… Read more