Salasar Techno Share Price Target 2025 – 2030 Detailed Analysis and Predictions: Salasar Techno Engineering Ltd. is an Indian company specializing in manufacturing galvanized steel structures, including telecom towers, power transmission line towers, and infrastructure components. This article explores the long-term share price targets for Salasar Techno from 2025 to 2030 and provides a detailed analysis of factors influencing its stock performance. Salasar Techno shares are trading at ₹17.50 on the National Stock Exchange (NSE). According to expert forecasts, the share price target for 2025 is ₹23.75, reflecting a 35.71% increase from the current price. By 2030, analysts predict the share price could reach ₹61.75.
Salasar Techno Share Details
Parameter | Value |
Open | ₹8.16 |
High | ₹8.24 |
Low | ₹8.11 |
Market Cap | ₹1.41K Cr |
P/E Ratio | 26.59 |
Dividend Yield | – |
52-Week High | ₹24.15 |
52-Week Low | ₹7.80 |
Salasar Techno Engineering Ltd. Overview
Salasar Techno Engineering Ltd. was established on October 24, 2001, in Jaipur, Rajasthan, originally as Salasar Petrochemicals Private Limited. In 2006, it rebranded as Salasar Techno Engineering. The company manufactures galvanized steel structures and focuses on telecom towers, power transmission line towers, and other infrastructure products. With manufacturing units in Uttar Pradesh, Salasar Techno also ventured into renewable energy and heavy steel structures, positioning itself to meet the demands of 5G and smart city projects.
Company Details
Parameter | Details |
Company Type | Public |
Industry | Engineering – Industrial Equipment |
Founded | 2001 |
Headquarters | New Delhi, India |
Chairman & MD | Alok Kumar |
Revenue (FY 2024) | ₹1,211.9 crore |
Net Income (FY 2024) | ₹52.93 crore |
Products | Telecom Towers, Power Transmission Line Towers, Solar Module Mounting Structures, Smart Lighting Poles, and more |
Category | SHARE PRICE |
Financial Health and Performance of Salasar Techno
Risks Associated with Salasar Techno
- High Price-to-Earnings (PE) Ratio: The PE ratio stands at 56.36, significantly higher than the sector average of 39.75, indicating the stock may be overvalued.
- Decreasing Promoter Holding: Promoter holding has dropped by 2.09%, suggesting reduced confidence from key stakeholders.
- Increased Promoter Pledges: The promoter pledges increased to 4.22%, signaling possible financial stress.
- Declining Cash from Financing: Financing cash flow fell by 57.2% YoY, limiting growth potential.
- Moderate Return on Equity (ROE): With an ROE of 11.75%, which is lower than the industry average, Salasar may face challenges in delivering higher returns.
Rewards and Positive Indicators
- Stable Revenue Growth: Revenue grew 20.31% YoY to ₹1,212 crore, surpassing the sector’s average of 11.39%.
- Healthy Profit Growth: Net profit surged by 31.77%, reaching ₹53 crore, well above the sector’s average profit growth.
- Improved Quarterly Performance: In Q2 FY 2024, revenue grew by 2.7%, and net profit increased by 6.0%, indicating good operational performance.
- Solid Debt Management: With a debt-to-equity ratio of 0.77, Salasar is not heavily reliant on debt for its operations.
- Robust Cash Flow: Operating cash flow saw an impressive 31,444.4% YoY increase, amounting to ₹52 crore in FY 2024.
Overall, Salasar Techno’s financial health remains strong, characterized by consistent revenue growth, manageable debt, and improved cash flow, which bodes well for its future performance.
Salasar Techno Share Price Target 2025, 2026, 2027, 2028, 2029 To 2030
Salasar Techno Share Price Target 2025 ₹23.75, 2026 ₹29.40, 2027 ₹38.60, 2028 ₹45.80, 2029 ₹52.30 To 2030 ₹61.75.
- Founded: 2001
- Headquarters: India
- Number of employees: 1,312 (2025)
- Subsidiaries: EMC Limited, Salasar Adorus Infra LLP
Salasar Techno Share Price Target for 2025 to 2030
Year | Share Price Target (₹) |
2025 | ₹23.75 |
2026 | ₹29.40 |
2027 | ₹38.60 |
2028 | ₹45.80 |
2029 | ₹52.30 |
2030 | ₹61.75 |
Salasar Techno Share Price Target for 2025
Estimated Share Price for 2025: ₹23.75
In 2025, the share price of Salasar Techno is project to rise to ₹23.75. This growth is attributed to the company’s strategic expansion into renewable energy, particularly in solar and wind projects. As per the Ministry of New and Renewable Energy (MNRE), India’s target of achieving 500 GW of renewable energy by 2030 opens significant opportunities for Salasar Techno. Additionally, the company’s EBITDA margin has improved to 11.12%, indicating better cost management and efficiency.
Month | Share Price Target (₹) |
January 2025 | ₹19.80 |
February 2025 | ₹20.45 |
March 2025 | ₹21.70 |
April 2025 | ₹22.15 |
May 2025 | ₹21.85 |
June 2025 | ₹22.40 |
July 2025 | ₹22.90 |
August 2025 | ₹23.15 |
September 2025 | ₹23.45 |
October 2025 | ₹23.20 |
November 2025 | ₹23.60 |
December 2025 | ₹23.75 |
Salasar Techno Share Price Target for 2026
Estimated Share Price for 2026: ₹29.40
Year | Share Price Target |
2026 | ₹29.40 |
By 2026, analysts expect the share price of Salasar Techno to reach ₹29.40. This increase is expect to be driven by continue demand in the renewable energy and infrastructure sectors. The company’s expansion in solar power projects and large-scale infrastructure development aligns with India’s sustainable energy goals, further positioning Salasar for growth.
Salasar Techno Share Price Target for 2027
Estimated Share Price for 2027: ₹38.60
Year | Share Price Target |
2027 | ₹38.60 |
In 2027, Salasar Techno’s share price is expect to rise to ₹38.60. As the company secures more major infrastructure projects, especially in the renewable energy space, its market share and profitability will continue to grow. The company’s continued focus on high-quality steel structures and its strong order book further support this price target.
Salasar Techno Share Price Target for 2028
Estimated Share Price for 2028: ₹45.80
Year | Share Price Target |
2028 | ₹45.80 |
For 2028, Salasar Techno’s share price target is project to be ₹45.80. This growth is driven by the increasing demand for smart city projects, 5G infrastructure, and renewable energy solutions. With the Indian government pushing for more sustainable energy sources, Salasar Techno is well-positioned to benefit from these trends, further bolstering its revenue streams.
Salasar Techno Share Price Target for 2029
Estimated Share Price for 2029: ₹52.30
Year | Share Price Target |
2029 | ₹52.30 |
By 2029, Salasar Techno’s share price could reach ₹52.30, reflecting the company’s strong position in both infrastructure and renewable energy projects. The company’s ability to execute large-scale projects efficiently and its expansion in new markets will drive this growth. Additionally, the increasing focus on green energy and infrastructure in India will provide further growth opportunities.
Salasar Techno Share Price Target for 2030
Estimated Share Price for 2030: ₹61.75
Year | Share Price Target |
2030 | ₹61.75 |
By 2030, the share price of Salasar Techno could reach ₹61.75, marking a significant increase. The company’s continued focus on renewable energy projects, coupled with government investments in infrastructure, will drive this growth. Salasar’s market share in steel and infrastructure sectors, along with its ability to secure large contracts, will further support its financial growth and profitability.
Is Salasar Techno a Good Long-Term Investment?
Salasar Techno has shown a remarkable 263.53% growth in the past 3 years, significantly outperforming the Nifty Smallcap 100 index, which has grown by 66.86%. The company’s market capitalization stands at ₹3,013.21 crore. Despite some challenges, such as a high PE ratio of 56.36 and a lower-than-average ROE of 11.75%, Salasar Techno’s growth in revenue (13.07% CAGR over the last 5 years) and increasing market share make it a promising long-term investment.
While the company faces risks, including high valuations and the absence of dividends, its consistent growth, strong market presence, and expansion into renewable energy provide strong fundamentals for future growth.
Investment Considerations
Investors should weigh Salasar Techno’s strong financial performance and future growth potential against its current valuation and risks. While the stock might be slightly overvalued at present, the company’s strong market position in the infrastructure and renewable energy sectors makes it a compelling long-term investment.
What does Salasar Techno Company do?
The Company is engage in the business of manufacturing and sale of galvanized and non-galvanize steel structures including telecom towers, transmission line towers including railway electrification (OHE), solar panels, and prefabricated steel structure such as bridges.
What is the old name of Salasar Techno?
The name of the Company changed from Salasar Petrochemicals Private Limited to Salasar Techno Engineering Private Limited vide fresh certificate of incorporation dated June 13, 2006.
Is Salasar Techno a good Company?
Salasar Techno Engineering is rated 3.9 out of 5 stars on Ambition Box, bas on 135 company reviews. This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities.
Our price forecasting model for analyzing Share targets employs a detailed, data-driven approach to determine monthly price projections. This methodology integrates classic analytical tools, including long-term pivot point analysis, historical performance metrics, and volatility assessment. Below, we outline the key components and processes that constitute our forecasting framework. It is essential to recognize that these price estimates are purely mathematical and should not be considered financial advice. Stock markets are highly dynamic, influenced by multiple unpredictable factors that no single model can comprehensively capture.
Long-Term Pivot Point Analysis
At the core of our methodology lies long-term pivot point analysis, complemented by Fibonacci series calculations. These pivot points help determine critical support and resistance levels, providing a structured framework for anticipating potential price movements.
Pivot = Previous Close Resistance_n = Pivot + (Range × F_n) Support_n = Pivot - (Range × F_n)
Where:
- F_n represents Fibonacci multipliers (e.g., 0.382, 0.618, 1.000).
- Range is the difference between the highest and lowest prices over a specific period.
Historical Performance Analysis
A stock's historical performance plays a vital role in predicting its future behavior. Our model conducts an extensive analysis of past data to determine average returns over various timeframes, capturing both short-term fluctuations and long-term trends.
Average Return = (1/N) Σ R_i
Where:
- N is the number of periods (e.g., months or quarters).
- R_i represents the return in the i-th period.
Volatility Assessment
Market volatility is a crucial factor in assessing risk and uncertainty associated with stock price movements. Our methodology incorporates a comprehensive evaluation of stock volatility, measured by the standard deviation of historical returns.
σ = √[(1/(N-1)) Σ (R_i - μ)^2]
Where:
- μ is the mean return.
- R_i is the return in the i-th period.
- N is the total number of returns.
Integrated Predictive Modeling
Our forecasting model integrates pivot point analysis, historical performance, and volatility assessments through advanced predictive techniques, ensuring data-driven and adaptable price projections.
- Calibration Based on Historical Performance: Utilizing past average returns and volatility metrics to align future price targets with the stock’s established patterns.
- Mathematical Optimization: Applying techniques such as the Least Squares Method (LSM) to optimize projections, reducing errors and enhancing forecast precision.
- Dynamic Adjustment: Incorporating real-time market data to refine predictions, ensuring forecasts remain relevant and up-to-date.
Target Price Calibration
The final step in our methodology is the precise calibration of monthly price targets, ensuring they align with analytical insights and market conditions.
Target Price_next month = Current Price × (1 + Adjusted Growth Rate)
Where:
- Adjusted Growth Rate is derived from historical average returns and volatility, refined through our integrated predictive modeling approach.
This ensures that price targets account for both growth potential and associated risks, providing balanced and actionable forecasts.