Salasar Techno Engineering Ltd

Salasar Techno Engineering's consolidated Q1 FY27 (quarter ended June 30, 2026) revenue came in at ₹295.54 Cr, down 1.5% YoY from ₹300.17 Cr and down 33.5% QoQ from ₹444.65 Cr — the QoQ drop reflects Q4 being the seasonally heaviest execution quarter for EPC/steel-structure orders. Consolidated PAT (total, including non-controlling interest) fell 41.5% YoY to ₹5.14 Cr (₹4.99 Cr attributable to owners) from ₹8.80 Cr a year ago, though it marks a turnaround from the ₹13.67 Cr net loss booked in Q4 FY26. On a standalone basis the company posted PAT of ₹4.78 Cr on revenue of ₹290.77 Cr, broadly tracking the consolidated trend — no material standalone-consolidated divergence this quarter. Margins compressed YoY: operating margin (EBITDA/revenue) came in at 7.42%, versus 9.98% in Q1 FY26, though sharply better than the 3.15% seen in the loss-making Q4 FY26; net margin was 1.72% versus 2.91% a year ago. The squeeze traces to finance costs, which rose 10.7% YoY to ₹15.24 Cr, and segment mix — the EPC segment result flipped to a ₹1.97 Cr profit (from a ₹16.85 Cr loss in Q4 FY26) but is down from ₹9.56 Cr a year ago, while Steel Structures held up better, up 5.1% YoY to ₹21.43 Cr. Management's outlook, per recent press reports (not in the filing itself), targets ~20% FY27 revenue growth to ₹1,800 Cr on the back of a reported ~₹2,500 Cr order book; Q1's run-rate of ₹295.5 Cr is well behind the pace needed to hit that number, making the guidance a 'missed' read one quarter in — though a single quarter isn't necessarily representative given execution seasonality visible in the Q4-vs-Q1 swing. No Q1-specific street PAT/revenue estimates were found; the only available analyst reference points to 15-20% PAT growth expected for FY27 as a whole. The filing itself carries no separate management commentary or press release beyond the standard board-outcome letter and the merger-completion note.

Salasar Techno Engineering Ltd has announced that its Board of Directors meeting is scheduled for August 13, 2026. The meeting will be held at their corporate office in Noida and will commence at 04:30 PM. The primary agenda is to consider and approve the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026. Additionally, the 'Trading Window' for company shares will be closed for designated personnel and their relatives until 48 hours after the financial results are declared, in compliance with SEBI regulations.

Salasar Techno Engineering Ltd. has announced a fresh (de novo) meeting of its Equity Shareholders, supervised by the Hon'ble NCLT, Allahabad Bench. This meeting, scheduled for August 8, 2026, is to consider and approve the Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. The meeting will be conducted via Video Conferencing/Other Audio-Visual Means. This supersedes an earlier meeting held on June 5, 2026. The notice, along with an explanatory statement and annexures, is available on the company's website and via a provided link. The cut-off date for determining voting eligibility is August 1, 2026.

Salasar Techno Engineering Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Wednesday, July 01, 2026, and will remain in effect for 48 hours after the declaration of the financial results for the quarter ended June 30, 2026. The specific date for the Board Meeting to approve these unaudited financial results will be communicated separately. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Salasar Techno Engineering Ltd has appointed M/s Alok Mittal & Associates as the Internal Auditor of the Company for the financial year 2026-27, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment was made by the Board of Directors at its meeting held on May 29, 2026, following Section 138 of the Companies Act, 2013.

Salasar Techno Engineering Ltd's Board of Directors approved the standalone and consolidated audited financial results for the quarter and financial year ended March 31, 2026, during its meeting on May 29, 2026. The audit report, issued by M/s VAPS & Co., contained an unmodified opinion. The board meeting commenced at 01:00 P.M. and concluded at 03:40 P.M. Trading window will open on May 31, 2026.

The National Company Law Tribunal (NCLT), Kolkata Bench-II, has sanctioned the Scheme of Amalgamation of EMC Limited with Salasar Techno Engineering Limited. The appointed date for the scheme is October 23, 2024. Salasar Techno is obtaining the certified copy of the NCLT Order for filing with the Registrar of Companies, Kolkata. The NCLT Allahabad Bench, Prayagraj, had already approved the scheme. Upon filing the certified copy, EMC Limited will be dissolved without winding up.

Salasar Techno Engineering Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the Standalone & Consolidated Audited Financial Results for the quarter and year ended March 31, 2026. The meeting will be held at the company's corporate office in Noida. The trading window for the company's shares is closed for directors, officers, designated employees, and their immediate relatives until 48 hours after the declaration of financial results.

Salasar Techno Engineering Ltd announced that the National Company Law Tribunal (NCLT) has directed meetings of its Equity Shareholders, Secured Creditors, and Unsecured Creditors. These meetings are scheduled for Friday, June 5, 2026, to consider and approve the Scheme of Amalgamation of Hill View Infrabuild Limited with Salasar Techno Engineering Limited. The meetings will be held through Video Conferencing/Other Audio Visual Means. Equity shareholders registered as of May 29, 2026, and secured/unsecured creditors as of December 31, 2025, are eligible to exercise voting rights. Remote e-voting and e-voting during the meetings will be available.

Salasar Techno Engineering Ltd has announced the closure of the trading window for dealing in securities of the company. This decision is in accordance with the SEBI (Prohibition of Insider trading) Regulations, 2015, and the company's code of conduct. The closure will be effective from Wednesday, April 01, 2026, and will continue till 48 hours after the declaration of Financial Results for the quarter and year ended March 31, 2026. The date of the Board Meeting to approve the audited financial results will be intimated in due course.