DSIJ.in JULY 10 - 23 , 2017 I DALAL STREET INVESTMENT JOURNAL (^25)
Communication Feature
N
ew Delhi-based Salasar Techno
Engineering Limited, one of the
leading players in the telecom
tower business, provides customised
steel fabrication and infrastructure
solutions. With its diversified product
portfolio, which includes telecom
tower, transmission towers,
sub-station structure and solar
mounting, among others, Salasar Techno
has earned a reputation among India's
leading private and public sector
companies.
The company commenced its
manufacturing and fabrication activities
in the financial year 2006-07 when its
first unit in Hapur, Uttar Pradesh,
became operational. With the addition of
a second unit with a technical tie-up with
Ramboll, one of the world's leading
infrastructure consulting firms, near the
same location in 2008-09, it covered the
entire range of steel fabrication and
infrastructure solutions. The capacity
addition helped Salasar venture into new
areas, such as manufacturing of module-
mounting structures for solar power
plants and transmission business.
Salasar Techno is one of India's leading
brand and manufacturing partners for
Ramboll's technical expertise in telecom
Expansion Promises
A Bright Future
Salasar Techno Engineering Limited
tower structural design. The telecom
tower company enjoys a robust and
longstanding business collaboration with
Ramboll's telecom consulting arm and
has supplied more than 20,000 towers of
various designs of angular, tubular and
hybrid ground-based towers (GBT) and
rooftop towers (RTT) since inception.
Salasar Techno has seen multi-fold
growth since 2014 after Alok Kumar, a
veteran in trading, manufacturing and
fabrication of iron and steel, took over
the reins of the company as its chairman
and managing director. For the last
financial year ended March 2017, the
company registered a net profit of 20.74 crore on a turnover of384.29 crore. On
a small equity base of 9.96 crore, it translated into earnings per share of 20.83.
Last year, it introduced utilities poles,
high-mast poles, stadium-lighting poles,
flag poles and smart city poles. The
company has also received approved
vendor status and an order from Power
Grid Corporation of India for
transmission line monopoles. It has also
received an order from Central
Organisation for Railways for track
electrification.
In a big leap forward, the company
recently increased its installed
manufacturing and fabrication capacity
from 50,000 MTPA to 1,00,000 MTPA
with setting up of state-of-the-art new
galvanising plant in Hapur at its wholly-
owned subsidiary Salasar Stainless
Limited.
Strong growth expected in telecom
infrastructure industry and the
government's initiatives to electrify rural
areas and build smart cities, among
others, bode well for galvanised steel
fabrication and infrastructure solution
providers. A strong industry outlook,
coupled with the management's strategy
of remaining ahead of the curve by
increasing installed capacity and
expanding the product portfolio to
maintain market share and engage new
customers, along with continued focus
on EPC, especially in power and railway
sectors, promises a bright future for
Salasar Techno Engineering.
Shashank Agarwal, Jt. Managing Director, Salasar Techno Engineering
The management's
strategy of remaining
ahead of the curve by
increasing installed
capacity and expanding
the product portfolio to
maintain market share
and engage new
customers, along with
continued focus on EPC,
promises a bright future
for Salasar Techno
Engineering
brent
(Brent)
#1