| Scrip Code | 540642 |
|---|---|
| NSE Symbol | SALASAR |
| MSEI Symbol | NOTLISTED |
| ISIN | INE170V01027 |
| Name of company | SALASAR TECHNO ENGINEERING LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 14-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 07-02-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 14-02-2026 11:30:00 |
| End date and time of board meeting | 14-02-2026 13:00:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There is no default on loans of the Company. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 31,068.90 | 1,02,124.67 | |
| Other income | 178.37 | 461.40 | |
| Total income | 31,247.27 | 1,02,586.07 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 28,927.06 | 90,915.56 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (3,855.41) | (7,841.08) |
| (d) | Employee benefit expense | 1,594.51 | 4,685.67 |
| (e) | Finance costs | 1,393.29 | 3,996.58 |
| (f) | Depreciation, depletion and amortisation expense | 365.87 | 1,079.13 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 2,258.97 | 5,626.64 |
| Total other expenses | 2,258.97 | 5,626.64 | |
| Total expenses | 30,684.29 | 98,462.50 | |
| 3 | Total profit before exceptional items and tax | 562.98 | 4,123.57 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 562.98 | 4,123.57 |
| 6 | Tax expense | ||
| 7 | Current tax | 134.75 | 1,082.80 |
| 8 | Deferred tax | (9.85) | (55.21) |
| 9 | Total tax expenses | 124.90 | 1,027.59 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 438.08 | 3,095.98 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 438.08 | 3,095.98 |
| 17 | Other comprehensive income net of taxes | 21.70 | 18.80 |
| 18 | Total Comprehensive Income for the period | 459.78 | 3,114.78 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 17,479.50 | 17,479.50 | |
| Face value of equity share capital | 1 | 1 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 0.03 | 0.18 | |
| Diluted earnings (loss) per share from continuing operations | 0.03 | 0.18 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.03 | 0.18 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.03 | 0.18 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | Notes: 1.The above unaudited standalone financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 14-February-2026. The statutory auditors of the Company have conducted limited review of these financial results, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015. 2. These unaudited standalone financial results are prepared in accordance with the Indian Accounting Standards (IND AS) as prescribed under Section 133 of the Companies Act read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 and Companies (Indian Accounting Standards) Amendment Rules , 2016. 3. The Company is engaged in the business of two segments i.e. 1) Manufacturing of Galvanized and Non-galvanized Steel Structures i.e. Steel Structure and 2) Engineering, Procurement and Construction (EPC). 4. On November 21, 2025, the Government of India notified the four Labour Codes - the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 - consolidating 29 existing labour laws. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The Company has assessed and disclosed the incremental impact of these changes on the basis of legal opinion obtained and the best information available, consistent with the guidance provided by the Institute of Chartered Accountants of India. The incremental impact consisting of gratuity of Rs. 2.64 lakhs and long-term compensated absences of Rs. 0.25 lakhs primarily arises due to change in wage definition in Profit & Loss a/c. The Company continues to monitor the finalisation of Central / State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 5. The Company allotted 8,61,80,000 warrants on April 30, 2024 on a preferential basis. The 18-month exercise period expired on October 29, 2025. All warrants held by Promoters were exercised and converted into equity shares. In respect of 3,25,00,000 warrants held by Non-Promoters that remained unexercised, 25% of the issue price aggregating to Rs. 1,170 lakhs has been forfeited in accordance with the terms of issue. 6. Figures for the previous periods / year have been regrouped, wherever necessary, to confirm to the current period's classification. 7. The unaudited standalone financial results for the quarter and nine month ended 31 Dec, 2025 are available on the website of the Company (www.salasartechno.com) and on Stock Exchanges website (www.bseindia.com and www.nseindia.com). |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Steel Structures | 21,117.72 | 64,605.08 | ||||
| 2 | EPC Projects | 10,041.97 | 39,109.05 | ||||
| Total Segment Revenue | 31,159.69 | 1,03,714.13 | |||||
| Less: Inter segment revenue | 90.79 | 1,589.46 | |||||
| Revenue from operations | 31,068.90 | 1,02,124.67 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Steel Structures | 2,065.44 | 7,083.24 | ||||
| 2 | EPC Projects | 399.93 | 2,627.21 | ||||
| Total Profit before tax | 2,465.37 | 9,710.45 | |||||
| i. Finance cost | 1,393.29 | 3,996.58 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 509.10 | 1,590.30 | |||||
| Profit before tax | 562.98 | 4,123.57 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Steel Structures | 88,256.63 | 88,256.63 | ||||
| 2 | EPC Projects | 67,510.37 | 67,510.37 | ||||
| Total Segment Asset | 1,55,767.00 | 1,55,767.00 | |||||
| Un-allocable Assets | 31,757.47 | 31,757.47 | |||||
| Net Segment Asset | 1,87,524.47 | 1,87,524.47 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Steel Structures | 29,422.71 | 29,422.71 | ||||
| 2 | EPC Projects | 41,231.86 | 41,231.86 | ||||
| Total Segment Liabilities | 70,654.57 | 70,654.57 | |||||
| Un-allocable Liabilities | 38,332.72 | 38,332.72 | |||||
| Net Segment Liabilities | 1,08,987.29 | 1,08,987.29 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurements of the defined benefit plans | 28.99 | 25.12 |
| Total Amount of items that will not be reclassified to profit and loss | 28.99 | 25.12 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 7.29 | 6.32 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | 21.70 | 18.80 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 30-04-2024 |
| Amount Raised | 255.67 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | CARE Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | NA |
| Comments of the Audit Committee after review | No Comments |
| Comments of the auditors, if any | No Comments |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Issue Related Expenses | N/A | 7.77 | 0.00 | 0.21 | 0.00 | Notes: 1. Initially company obtained shareholders approval for preferential issue of Rs. 806.04 Crore through EGM dated February 19, 2024. However, subsequently the company made preferential issue of Rs. 290.77 crores only and objects of the issue were revised accordingly through board resolution dated April 30, 2024. 2. The fund utilised of Rs. 179.27 Crores under the object Financing of Acquisition, includes EMD of Rs. 10 crores paid by the STEL on March 11, 2024 (which was subsequently reimbursed from the monitoring account to the company on May 07, 2024) and interest amounting to Rs. 1.27 crore (including TDS of Rs. 12.70 lacs) paid for acquisition of M/s EMC Limited, under liquidation. Further, utilization of the proceeds was within the approved deviation limit of +/-10% of the permitted limit and the same was also the part of board resolution. 3. Vide Board resolution dated October 22, 2024; the Company has extended the tentative timeline for the utilization of funds under the 'Issue Related Expenses' category from September 2024 to December 2025. 4. The Issue Period, which spanned 18 months from the date of allotment, concluded on October 29, 2025. During this period, warrants from part of the non-promoter group were not converted into equity shares, as the shares consistently traded below the exercise price. Consequently, subscribers chose not to exercise the warrants. 5. The company received Rs. 232.80 crores in Q1FY25 and Rs. 22.87 Crores in Q3FY26 agreegating to Rs. 255.67 Crore, which has been unutilized fully for the objects of the Issue. |
| 2 | Financing of Acquisition | N/A | 178.00 | 0.00 | 179.27 | 0.00 | |
| 3 | Working Capital Requirements | N/A | 95.00 | 0.00 | 76.19 | 0.00 | |
| 4 | Capital Expenditure including towards development, refurbishment and renovation of Assets | N/A | 10.00 | 0.00 | 0.00 | 0.00 |
| Name of signatory | Pramod Kumar Kala |
| Designation of person | Chief Financial Officer |
| Place | Noida |
| Date | 14-02-2026 |