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You are here : IndiaNotes >> Research & Analysis >> Companies >> Salasar Techno Engineering Ltd. >> Research

Salasar Techno Engineering: Spreading its wings

Prabhudas Lilladher | 07 Dec, 2017  | Follow Author | Add to my Favourites 
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Salasar Techno Engineering (Salasar) provides customised steel fabrication and infrastructure solutions in India for Telecommunication Towers, Transmission Towers & Substation Structures and Solar Module and Mounting Structures.


Salasar is a dominant player in the telecom tower space. Over the years, it has successfully diversified into Transmission, Rural electrification, Solar and Railways to ensure diversification and support growth.


The company has delivered Sales/EBITDA/PAT CAGR of 10/21/51% over FY14-17.  It expects to grow sales at a CAGR of 20-25% over the next 3-5 years led by steady growth in telecom and entry into high growth areas like Railways. Salasar expects to focus on profitable growth

and prudent working capital management.


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About Prabhudas Lilladher

Prabhudas Lilladher has a nationwide distribution network, consisting of branches, franchisees and associates, providing a comprehensive gamut of financial services in the Institutional and Retail domain. Their services includes Equity, derivatives; margin funding, mutual funds, PMS, IPOs and online trading.

 

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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.




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