Finance - Investment · Founded 1980 · www.sajaydevelopers.com · BSE 503635 · · ISIN INE315N01017
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Business
Shree Salasar Investments Ltd. operates as an investment company in India. Its core business model involves making investments in various asset classes, which typically include equities, debt instruments, and potentially other financial assets. The company primarily generates revenue through capital appreciation on its investments, dividend income from equity holdings, and interest income from debt investments. As an "Investments Ltd.", it's likely involved in proprietary trading and holding, managing its own capital rather than external client funds.
Revenue Mix
Without specific financial disclosures, the exact key segments or revenue mix for Shree Salasar Investments Ltd. cannot be determined. Generally, an investment company's revenue mix depends on its asset allocation strategy. Potential revenue sources include:
Capital Gains: From selling investments at a higher price.
Dividend Income: From equity holdings.
Interest Income: From debt instruments and fixed deposits.
Other Income: Potentially from rental income (if it holds real estate assets) or other financial activities.
The primary segments would broadly be categorized by the asset classes it invests in (e.g., listed equities, unlisted equities, fixed income).
Industry
Shree Salasar Investments Ltd. operates within the Finance - Investment industry in India. This is a broad and competitive sector encompassing a range of entities from large diversified financial services groups, non-banking financial companies (NBFCs) with investment arms, asset management companies, to smaller proprietary investment firms and holding companies. The industry is characterized by market volatility, regulatory oversight, and intense competition for capital and investment opportunities. Without specific financial scale or portfolio details, its precise positioning relative to peers (e.g., as a niche investor, a diversified holding company, or a small-cap investment vehicle) is not discernible. It likely competes with other smaller-to-mid-sized investment companies and high-net-worth individuals for investment opportunities.
MOAT
For a standalone investment company, establishing a strong, durable competitive advantage (moat) is challenging. Potential sources of moat, if any, could include:
Proprietary Deal Flow: Access to unique, undervalued investment opportunities not available to others.
Exceptional Investment Acumen: A consistent track record of superior returns due to unique analytical capabilities or market timing.
Strong Balance Sheet/Long-Term Capital: The ability to withstand market downturns and invest counter-cyclically.
Diversified Portfolio: A well-diversified portfolio reducing dependence on any single asset class or investment.
However, without specific information about its investment philosophy, team, or track record, it is difficult to identify any specific, demonstrable competitive advantages for Shree Salasar Investments Ltd. It likely operates in a highly efficient market where persistent moats are rare.
Growth Drivers
Key factors that could drive growth for Shree Salasar Investments Ltd. over the next 3-5 years include:
Overall Economic Growth in India: A robust economy generally leads to higher corporate earnings and improved capital market performance.
Favorable Capital Market Conditions: Bull markets in equities and stable debt markets would enhance portfolio returns and capital appreciation.
Strategic Investment Decisions: Successful identification and execution of high-growth investment opportunities.
Capital Allocation Efficiency: Prudent management of its capital to maximize returns across different asset classes.
Diversification: Expanding into new, promising asset classes or geographies within India.
Risks
Key business risks for Shree Salasar Investments Ltd. include:
Market Volatility: Fluctuations in equity and debt markets can significantly impact the value of its investment portfolio.
Credit Risk: If the company invests in debt instruments, there's a risk of default by the issuer.
Interest Rate Risk: Changes in interest rates can affect the value of fixed-income investments and borrowing costs.
Liquidity Risk: Difficulty in selling certain illiquid investments quickly without significant price concessions.
Regulatory Changes: Evolving regulations in the financial sector, especially concerning investment companies, could impact operations and compliance costs.
Concentration Risk: If its portfolio is heavily concentrated in a few investments or sectors, it faces higher specific risk.
Investment Performance Risk: The risk that its investment decisions may not generate desired returns, leading to capital erosion.
Management & Ownership
As a company listed in India, it would be governed by a Board of Directors and managed by key managerial personnel. Many Indian companies have a significant promoter (founder) group ownership. Without specific details on the current leadership team or ownership structure, it's not possible to comment on the management quality or specific ownership patterns. However, promoter ownership often implies a strong alignment of interests between management and shareholders, but can also lead to corporate governance concerns if not properly balanced.
Outlook
The outlook for Shree Salasar Investments Ltd. presents a balanced view, typical for an investment firm. On the bullish side, India's long-term economic growth trajectory and increasing capital market participation offer a supportive environment for investment companies to generate capital appreciation and income. A skilled investment team with a robust strategy could leverage market opportunities and compound capital effectively over time. On the bearish side, the company is inherently exposed to the volatility and cyclical nature of financial markets. Any significant downturns in the Indian economy or capital markets could directly impact its portfolio value and profitability. The lack of a clear, disclosed competitive moat means its performance is highly reliant on market trends and the acumen of its investment decisions, making it susceptible to underperformance during challenging periods or against better-resourced competitors.
| #(Fig in Cr.) | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 3 | 7 | 9 | 12 | 16 | 20 | 32 | 31 | 30 | 28 |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 4 | 7 | 9 | 12 | 16 | 20 | 32 | 31 | 30 | 28 |
| Total Expenditure | 3 | 6 | 9 | 10 | 16 | 15 | 23 | 22 | 22 | 18 |
| Operating Profit | 1 | 1 | 0 | 2 | 1 | 5 | 9 | 9 | 8 | 10 |
| Interest | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | 1 | 0 | 2 | 1 | 3 | 8 | 7 | 7 | 8 |
| Provision for Tax | -0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 |
| Profit After Tax | 1 | 0 | 0 | 1 | 0 | 2 | 6 | 5 | 5 | 6 |
| Adjustments | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | -0 | -0 |
| Profit After Adjustments | 1 | 0 | 0 | 1 | 0 | 2 | 6 | 5 | 5 | 6 |
| Adjusted Earnings Per Share | 1.1 | 0.7 | 0.3 | 1.9 | 0.6 | 3.5 | 7.9 | 7.7 | 7 | 8.1 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2 | 1 | 1 | 1 | 1 | 6 | 21 | 4 | 14 | 44 | 121 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 2 | 1 | 1 | 1 | 1 | 6 | 21 | 4 | 15 | 45 | 121 |
| Total Expenditure | 1 | 1 | 1 | 1 | 1 | 4 | 20 | 3 | 13 | 41 | 85 |
| Operating Profit | 0 | 1 | 0 | 0 | 0 | 2 | 1 | 0 | 2 | 4 | 36 |
| Interest | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | 0 | 0 | -0 | 0 | 2 | 1 | 0 | 1 | 3 | 30 |
| Provision for Tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 8 |
| Profit After Tax | -0 | 0 | 0 | -0 | 0 | 1 | 1 | 0 | 1 | 2 | 22 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | 0 |
| Profit After Adjustments | -0 | 0 | 0 | -0 | 0 | 1 | 1 | 0 | 1 | 2 | 22 |
| Adjusted Earnings Per Share | -0.5 | 0.4 | 0 | -0 | 0.7 | 4.3 | 1.4 | 0.3 | 1.3 | 3.3 | 30.7 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 214% | 28% | 113% | 0% |
| Operating Profit CAGR | 100% | 59% | 0% | 0% |
| PAT CAGR | 100% | 26% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 1610% | 198% | 96% | NA% |
| ROE Average | 6% | 3% | 5% | 3% |
| ROCE Average | 3% | 2% | 3% | 3% |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 10 | 10 | 10 | 10 | 10 | 11 | 27 | 32 | 33 | 51 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 2 |
| Borrowings | 3 | 2 | 2 | 3 | 5 | 6 | 4 | 36 | 77 | 85 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 |
| Total Current Liabilities | 11 | 21 | 22 | 22 | 20 | 30 | 26 | 56 | 81 | 117 |
| Total Liabilities | 24 | 33 | 34 | 34 | 35 | 48 | 58 | 125 | 190 | 255 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 20 | 32 | 34 | 33 | 28 | 14 | 19 | 13 | 169 | 223 |
| Total Current Assets | 4 | 1 | 0 | 1 | 7 | 34 | 38 | 112 | 21 | 32 |
| Total Assets | 24 | 33 | 34 | 34 | 35 | 48 | 58 | 125 | 190 | 255 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 6 | 4 |
| Cash Flow from Operating Activities | 0 | 0 | 2 | -1 | -8 | -14 | -11 | -35 | -41 | -27 |
| Cash Flow from Investing Activities | 0 | 0 | -2 | 0 | 5 | 15 | -2 | 4 | -1 | -0 |
| Cash Flow from Financing Activities | 0 | 0 | -0 | 0 | 3 | 1 | 13 | 37 | 39 | 26 |
| Net Cash Inflow / Outflow | 0 | 0 | -0 | 0 | -0 | 1 | -1 | 6 | -2 | -1 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 6 | 4 | 3 |
| # | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | -0.49 | 0.37 | 0.02 | -0.03 | 0.69 | 4.34 | 1.37 | 0.29 | 1.33 | 3.34 |
| CEPS(Rs) | -0.24 | 0.55 | 0.17 | 0.22 | 0.87 | 4.45 | 1.42 | 0.33 | 1.45 | 3.54 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 29.96 | 30.33 | 30.35 | 30.32 | 31.01 | 35.35 | 49.89 | 54.42 | 55.18 | 73.07 |
| Core EBITDA Margin(%) | 18.99 | 53.59 | 42.15 | 13.69 | 34.84 | 26.25 | 4.88 | 7.26 | 11.15 | 7.76 |
| EBIT Margin(%) | 13.73 | 49.75 | 38.09 | 2.03 | 28.28 | 29.24 | 4.8 | 8.9 | 12.14 | 7.96 |
| Pre Tax Margin(%) | -10.39 | 11.41 | 0.95 | -1.32 | 27.23 | 28.65 | 4.78 | 6.51 | 7.46 | 7.84 |
| PAT Margin (%) | -10.33 | 8.42 | 0.68 | -1.32 | 26.3 | 24.29 | 3.54 | 4.85 | 5.8 | 5.51 |
| Cash Profit Margin (%) | -5.07 | 12.29 | 5.88 | 10.35 | 32.86 | 24.94 | 3.66 | 5.53 | 5.95 | 5.55 |
| ROA(%) | -0.66 | 0.42 | 0.02 | -0.03 | 0.64 | 3.35 | 1.4 | 0.19 | 0.53 | 1.1 |
| ROE(%) | -1.64 | 1.24 | 0.06 | -0.09 | 2.26 | 13.07 | 3.86 | 0.58 | 2.59 | 5.86 |
| ROCE(%) | 1.6 | 4.49 | 2 | 0.09 | 1.37 | 8.65 | 3.76 | 0.44 | 1.59 | 2.85 |
| Receivable days | 0 | 0 | 0 | 0 | 0 | 0 | 29.06 | 216.35 | 67.23 | 14.79 |
| Inventory Days | 0 | 0 | 0 | 194.15 | 206.16 | 975.22 | 560.59 | 6664.68 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0.39 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 4.31 | 8.23 | 10.68 | 14.64 | 14.51 | 1.77 | 0.55 | 21.32 | 5.63 | 2.01 |
| EV/Core EBITDA(x) | 22.68 | 15.35 | 24.68 | 106.9 | 41.64 | 5.91 | 11.08 | 222.59 | 45.94 | 25.13 |
| Net Sales Growth(%) | 0 | -6.71 | -35.98 | -25.64 | 24.67 | 577.91 | 265.21 | -83.17 | 310.69 | 208.08 |
| EBIT Growth(%) | 0 | 238.08 | -50.99 | -96.04 | 1638.1 | 600.89 | -40.07 | -68.77 | 460.09 | 102 |
| PAT Growth(%) | 0 | 176.03 | -94.85 | -244.42 | 2591.36 | 526 | -46.75 | -76.93 | 390.73 | 192.66 |
| EPS Growth(%) | 0 | 176.04 | -94.83 | -244.04 | 2592.09 | 526.02 | -68.45 | -78.88 | 361.37 | 150.59 |
| Debt/Equity(x) | 0.37 | 0.9 | 0.67 | 0.63 | 0.91 | 0.74 | 0.25 | 2.35 | 2.44 | 1.67 |
| Current Ratio(x) | 0.37 | 0.04 | 0 | 0.03 | 0.33 | 1.13 | 1.45 | 1.99 | 0.26 | 0.27 |
| Quick Ratio(x) | 0.37 | 0.04 | 0 | 0.01 | 0.3 | 0.14 | 0.15 | 0.32 | 0.26 | 0.27 |
| Interest Cover(x) | 0.57 | 1.3 | 1.03 | 0.61 | 26.8 | 50.02 | 270.62 | 3.72 | 2.6 | 66 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 1.63 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 68.53 | 68.53 | 73.53 | 62.24 | 62.24 | 62.66 | 67.12 | 67.12 | 67.12 | 67.12 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 31.47 | 31.47 | 26.47 | 37.76 | 37.76 | 37.34 | 32.88 | 32.88 | 32.88 | 32.88 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.4 | 0.4 | 0.43 | 0.43 | 0.43 | 0.44 | 0.47 | 0.47 | 0.47 | 0.47 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.19 | 0.19 | 0.16 | 0.26 | 0.26 | 0.26 | 0.23 | 0.23 | 0.23 | 0.23 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.59 | 0.59 | 0.59 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +214% | +28% | +113% | — |
| Operating Profit CAGR | +100% | +59% | — | — |
| PAT CAGR | +100% | +26% | — | — |
| Share Price CAGR | +1610% | +198% | +96% | — |
| ROE Average | +6% | +3% | +5% | +3% |
| ROCE Average | +3% | +2% | +3% | +3% |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 68.53 | 68.53 | 73.53 | 62.24 | 62.24 | 62.66 | 67.12 | 67.12 | 67.12 | 67.12 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 31.47 | 31.47 | 26.47 | 37.76 | 37.76 | 37.34 | 32.88 | 32.88 | 32.88 | 32.88 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.4 | 0.4 | 0.43 | 0.43 | 0.43 | 0.44 | 0.47 | 0.47 | 0.47 | 0.47 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.19 | 0.19 | 0.16 | 0.26 | 0.26 | 0.26 | 0.23 | 0.23 | 0.23 | 0.23 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.59 | 0.59 | 0.59 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
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