---
title: "Salasar Exteriors & Contour (13032) — Share Price, Financials & Analysis"
symbol: "13032"
company: "Salasar Exteriors & Contour"
canonical: "https://tapetide.com/stocks/13032"
isin: "INE00Y701026"
nse_symbol: "SECL"
sector: "Construction"
industry: "Civil Construction"
market_cap_cr: 27.28
generated_at: "2026-09-13T18:58:55.231Z"
---

# Salasar Exteriors & Contour (13032)

Canonical page: https://tapetide.com/stocks/13032

## Company

- **NSE Symbol:** SECL
- **ISIN:** INE00Y701026
- **Sector:** Construction
- **Industry:** Civil Construction
- **Stock Type:** EQUITY
- **Listed Since:** 2019-09-12
- **F&O Eligible:** No

## Latest Price

- **Price:** ₹2.65
- **Change:** -0.35 (-11.67%)
- **Open:** ₹2.65
- **Day High:** ₹2.65
- **Day Low:** ₹2.65
- **Previous Close:** ₹3
- **Volume:** 0
- **As Of:** 2026-09-07T10:01:17+00:00

## Key Fundamentals

Observed at 2026-09-07T04:33:48.023451Z.

- **Market Cap:** ₹27.28 Cr
- **Classification:** SME
- **P/E (reported):** -16.6
- **Book Value:** ₹1.09
- **Price to Book:** 2.43
- **Dividend Yield:** 0%
- **ROE:** 5.77%
- **ROCE:** 4.44%
- **Debt to Equity:** 0.84
- **Revenue (yearly):** ₹3.05 Cr
- **Net Income:** ₹-1.67 Cr
- **EBITDA:** ₹-1.35 Cr
- **52-Week High:** ₹5.9
- **52-Week Low:** ₹2.65

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -98.91% | 125% | -97.83% |
| ebitda margin growth | -273.7% | — | -175.08% |
| net income growth | -338.57% | — | -4% |
| revenue growth | -25.61% | 69% | -18% |
| roce | — | -12.43% | 8.72% |
| roe | — | 4.35% | -134.53% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 2 | 2.12 | 2.12 | 5.08 | 1 | 0.63 | 0 | 0.28 | 0.78 | 3.27 | 3.05 | 0 |
| Expenses | 2.07 | 1.35 | 1.35 | 1.62 | 0 | 0.85 | 0.07 | 4.33 | 0.01 | 3 | 2.35 | 2.53 |
| Operating Profit | -0.07 | 0.77 | 0.77 | 3.46 | 1 | -0.22 | -0.07 | -4.05 | 0.77 | 0.27 | 0.7 | -2.53 |
| OPM % | -3.5 | 36.32 | 36.32 | 68.11 | 100 | -34.92 | — | -1446.43 | 98.72 | 8.26 | 22.95 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0.09 | 0 | 4.22 | 0 | 0 | 0.48 | 0 |
| Interest | 0.01 | 0.69 | 0.69 | 0.69 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0 | 0.05 | 0.01 | 0 |
| Profit before tax | -0.11 | 0.06 | 0.06 | 2.75 | 0.98 | -0.15 | -0.09 | 0.14 | 0.77 | 0.22 | 1.17 | -2.53 |
| Tax % | 0 | 33.33 | 33.33 | -0.73 | 0 | 0 | 0 | 0 | 0 | 113.64 | 0 | 0 |
| Net Profit | -0.11 | 0.05 | 0.05 | 2.77 | 0.97 | -0.16 | -0.09 | 0.14 | 0.77 | -0.03 | 1.17 | -2.53 |
| EPS in Rs | -0.01 | 0 | 0 | 0.27 | 0.09 | -0.02 | -0.01 | 0.01 | 0.07 | 0 | 0.11 | -0.25 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 55.82 | 73.64 | 8.27 | 2.28 | 0.63 | 0.28 | 4.06 | 3.05 |
| Expenses | 56.84 | 81.97 | 11.8 | 2.95 | 0.86 | 4.4 | 3.03 | 4.4 |
| Operating Profit | -1.02 | -8.33 | -3.53 | -0.67 | -0.23 | -4.12 | 1.03 | -1.35 |
| OPM % | -1.83 | -11.31 | -42.68 | -29.39 | -36.51 | -1471.43 | 25.37 | -44.26 |
| Other Income | 3.55 | 0.25 | 3.85 | 4.91 | 1.09 | 4.22 | 0 | 0 |
| Interest | 1.39 | 1.61 | 1.67 | 1.38 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.02 |
| Profit before tax | 1.11 | -9.74 | -1.4 | 2.81 | 0.81 | 0.05 | 0.98 | -1.37 |
| Tax % | 27.93 | 0 | 0 | 0 | 0 | 0 | 25.51 | 21.9 |
| Net Profit | 0.8 | -9.74 | -1.39 | 2.81 | 0.81 | 0.06 | 0.74 | -1.67 |
| EPS in Rs | 0.11 | -0.95 | -0.13 | 0.27 | 0.08 | 0.01 | 0.07 | -0.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5.87 | 8.24 | 8.24 | 8.24 | 10.29 | 10.29 | 10.29 | 10.29 |
| Reserves | 5.09 | 1.49 | 0.1 | 2.91 | 1.66 | 1.72 | 2.46 | 0.92 |
| Borrowings | 13.97 | 15.35 | 14.18 | 13.95 | 13.9 | 9.43 | 9.45 | 9.45 |
| Other Liabilities | 23.54 | 59.72 | 11.32 | 7.85 | 10.88 | 11.04 | 12.99 | 12.2 |
| Total Liabilities | 48.47 | 84.8 | 33.84 | 32.95 | 36.73 | 32.48 | 35.19 | 32.86 |
| Fixed Assets | 0.44 | 0.4 | 0.35 | 0.31 | 0.26 | 0.23 | 0.18 | 0.16 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 48.03 | 84.4 | 33.49 | 32.64 | 36.47 | 32.25 | 35.01 | 32.7 |
| Total Assets | 48.47 | 84.8 | 33.84 | 32.95 | 36.73 | 32.48 | 35.19 | 32.86 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -21.02 | -8.36 | 2.3 | 1.38 | -0.2 | 4.6 | 0.05 | -0.25 |
| Cash from Investing Activity | -0.64 | -0.18 | 0.22 | 0 | 0 | 0.11 | 0 | 0 |
| Cash from Financing Activity | 22.21 | 8.53 | -2.76 | -1.43 | -0.05 | -4.47 | -0.23 | 0 |
| Net Cash Flow | 0.56 | -0.02 | -0.24 | -0.05 | -0.25 | 0.24 | -0.18 | -0.25 |
| Free Cash Flow | -21.49 | -8.36 | 2.3 | 1.38 | -0.2 | 4.59 | 0.05 | -0.25 |
| CFO/OP | 2061 | 100 | -65 | -206 | 87 | -112 | 5 | 19 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 183.61 | 285.74 | 722.94 | 2780.72 | 10445.95 | 20048.93 | 1651.49 | 1950.66 |
| Inventory Days | 339.03 | 246.62 | 3666.29 | 3716.97 | — | 684.37 | 952.99 | 1193.27 |
| Days Payable | 568.48 | 1408.21 | 3588.08 | 2370.83 | — | 840.04 | 1431.35 | 1622.22 |
| Cash Conversion Cycle | -45.83 | -875.84 | 801.15 | 4126.87 | 10445.95 | 19893.27 | 1173.13 | 1521.7 |
| Working Capital Days | 85.4 | 55.41 | 437.82 | 2042.72 | 9072.86 | 27218.57 | 1966.15 | 2510.72 |
| ROCE % | — | -32.51 | 1.13 | 17.6 | 3.18 | 0.21 | 4.49 | -6.39 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.33% | 70.81% | 70.75% | 70.56% | 70.39% | 69.95% | 69.4% | 69.4% | 69.4% | 69.4% | 69.4% | 69.4% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 17.06% | 13.95% | 14.16% | 14.14% | 14.32% | 14.87% | 15.8% | 14.37% | 13.42% | 12.6% | 11.79% | 11.65% |
| Others | 11.6% | 15.24% | 15.09% | 15.3% | 15.28% | 15.18% | 14.81% | 16.23% | 17.18% | 18.01% | 18.81% | 18.95% |
| No. of Shareholders | 208 | 174 | 185 | 215 | 213 | 276 | 406 | 403 | 427 | 387 | 389 | 388 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3.21 | Sell |
| EMA (10) | 10.71 | Sell |
| SMA (20) | 29 | Sell |
| EMA (20) | 26.13 | Sell |
| SMA (50) | 56.57 | Sell |
| EMA (50) | 47.28 | Sell |
| SMA (100) | 64.53 | Sell |
| EMA (100) | 56 | Sell |
| SMA (200) | 56.87 | Sell |
| EMA (200) | 56.38 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 35.45 | Neutral |
| MACD (12,26,9) | -18.66 | Sell |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 18.76 | Neutral |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 8.69 | High Volatility |
| ROC (12) | -96.6 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 8.24 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 June 2026 - Salasar Exteriors And Contour Limited has informed about Resignation of Director/KMP/SMP | [Resignation of Director/KMP/SMP 8 June 2026 - Salasar Exteriors And Contour Limited has informed about Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/SECL_ROID_89679_KMP_Doc.zip) |
| 8 June 2026 - Salasar Exteriors And Contour Limited has informed about Resignation of Director/KMP/SMP | [Resignation of Director/KMP/SMP 8 June 2026 - Salasar Exteriors And Contour Limited has informed about Resignation of Director/KMP/SMP](https://nsearchives.nseindia.com/corporate/SECL_ROID_89681_KMP_Doc.zip) |
| 8 June 2026 - Mr. Haren Pitamber Rathod resigned as Non-Executive Independent Director effective 8 June 2026. | [Cessation 8 June 2026 - Mr. Haren Pitamber Rathod resigned as Non-Executive Independent Director effective 8 June 2026.](https://nsearchives.nseindia.com/corporate/SECL_08062026131413_Intimation_Reg_30_Resignation_ID-Final.pdf) |
| 8 June 2026 - Board accepted Independent Director Haren Rathod’s resignation effective 8 June 2026 and reconstituted committees. | [Outcome of Board Meeting 8 June 2026 - Board accepted Independent Director Haren Rathod’s resignation effective 8 June 2026 and reconstituted committees.](https://nsearchives.nseindia.com/corporate/SECL_08062026131100_Outcome_BM-Final.pdf) |
| 4 February 2026 - Clarifies typographical error: cash flow header shows 'Year ended Sep 30, 2025' instead of 'Half Year ended Sep 30, 2025'. | [Reply to Clarification- Financial results 4 February 2026 - Clarifies typographical error: cash flow header shows 'Year ended Sep 30, 2025' instead of 'Half Year ended Sep 30, 2025'.](https://nsearchives.nseindia.com/corporate/SECL_03022026165725_Reply_2.pdf) |
| 31 January 2026 - Company website changed from https://www.salasarexterior.com/ to https://salasarexteriors.com/ on 31 Jan 2026. | [General Updates 31 January 2026 - Company website changed from https://www.salasarexterior.com/ to https://salasarexteriors.com/ on 31 Jan 2026.](https://nsearchives.nseindia.com/corporate/SECL_31012026143304_Intimation.pdf) |
| 30 May 2026 - Submitted newspaper clipping of audited standalone half-year and year-end results for 31 March 2026. | [Copy of Newspaper Publication 30 May 2026 - Submitted newspaper clipping of audited standalone half-year and year-end results for 31 March 2026.](https://nsearchives.nseindia.com/corporate/SECL_30052026123452_Newspaper_Publication-Final.pdf) |
| 30 Jul - Company states Corporate Governance Report is not applicable for quarter ended 30 June 2026. | [Integrated Filing- Governance 30 Jul - Company states Corporate Governance Report is not applicable for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/SECL_30072026110429_Non_Applicability_IG-Salasar.pdf) |
| 29 May 2026 - Company says Annual Secretarial Compliance Report is not applicable for FY ending 31 March 2026. | [Updates 29 May 2026 - Company says Annual Secretarial Compliance Report is not applicable for FY ending 31 March 2026.](https://nsearchives.nseindia.com/corporate/SECL_29052026131250_Non-Applicability_Annual_Secertarial_Report-Signed.pdf) |
| 28 May 2026 - Board approved FY26 audited standalone results; revenue Rs304.50 lakh, net loss Rs166.95 lakh, auditors issued unmodified opinion. | [Outcome of Board Meeting 28 May 2026 - Board approved FY26 audited standalone results; revenue Rs304.50 lakh, net loss Rs166.95 lakh, auditors issued unmodified opinion.](https://nsearchives.nseindia.com/corporate/SECL_28052026184104_FinancialResult31032026.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28597_SECL_2024_2025_A_13850516_05092025171443.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25876_SECL_2023_2024_05092024183450.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23695_SECL_2022_2023_06092023204229_09062023210010.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_21697_SECL_2021_2022_08092022123144.zip) |
| from nse | [Financial Year 2021 from nse](https://archives.nseindia.com/annual_reports/SME_AR_19753_SECL_2020_2021_08092021203544_09082021210008.zip) |
| from nse | [Financial Year 2020 from nse](https://archives.nseindia.com/annual_reports/SME_AR_18050_SECL_2019_2020_29012021192707_29012021200006.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:58:55.231Z.
