---
title: "Salora International Ltd (SALORAINTL) — Share Price, Financials & Analysis"
symbol: "SALORAINTL"
company: "Salora International Ltd"
canonical: "https://tapetide.com/stocks/SALORAINTL"
bse_code: "500370"
sector: "Services"
industry: "Commercial Services & Supplies"
generated_at: "2026-10-13T10:59:46.371Z"
---

# Salora International Ltd (SALORAINTL)

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

## Company

- **BSE Code:** 500370
- **Sector:** Services
- **Industry:** Commercial Services & Supplies
- **Macro Sector:** Services
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** salora.com

## About

Incorporated in 1986, Salora International Ltd manufactures hand deals in consumer electronics.[1]

## Latest Price

- **Price:** ₹25.49
- **Change:** +0.2 (+0.79%)
- **Open:** ₹25.9
- **Day High:** ₹25.9
- **Day Low:** ₹25
- **Previous Close:** ₹25.29
- **Volume:** 408
- **As Of:** 2026-10-13T10:02:24+00:00

## Key Insights

### Strengths

- Stock is trading at 0.44 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.93% over past five years.
- Company has a low return on equity of -3.04% over last 3 years.
- Contingent liabilities of Rs.66.1 Cr.
- Company might be capitalizing the interest cost
- Debtor days have increased from 26.8 to 38.0 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -200% | -9% | 12% |
| revenue growth | -75% | -19% | -7% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 43.09 | 46.91 | 33.38 | 32.14 | 24.99 | 41.81 | 52.72 | 27.47 | 6.1 | 16.44 | 11.12 | 3.38 |
| Expenses | 43.43 | 46.66 | 33.95 | 32.49 | 25.34 | 42.07 | 53.06 | 28.58 | 6.76 | 16.71 | 11.87 | 4.09 |
| Operating Profit | -0.34 | 0.25 | -0.57 | -0.35 | -0.35 | -0.26 | -0.34 | -1.11 | -0.66 | -0.27 | -0.75 | -0.71 |
| OPM % | -0.79 | 0.53 | -1.71 | -1.09 | -1.4 | -0.62 | -0.64 | -4.04 | -10.82 | -1.64 | -6.74 | -21.01 |
| Other Income | 0.1 | 0.28 | 0.17 | 0.16 | 0.12 | 0.33 | 0.49 | 1.6 | 0.02 | 0.05 | -1.9 | 0.01 |
| Interest | 0.28 | 0.45 | 0.49 | 0.27 | 0.3 | 0.36 | 0.37 | 0.38 | 0.34 | 0.37 | 0.37 | 0.25 |
| Depreciation | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 |
| Profit before tax | -0.57 | 0.03 | -0.94 | -0.51 | -0.59 | -0.35 | -0.28 | 0.05 | -1.04 | -0.64 | -3.07 | -1 |
| Tax % | -22.81 | 0 | -24.47 | -25.49 | -30.51 | -2.86 | -25 | 20 | -26.92 | -21.88 | -6.51 | 0 |
| Net Profit | -0.44 | 0.02 | -0.71 | -0.38 | -0.41 | -0.33 | -0.21 | 0.04 | -0.76 | -0.49 | -2.87 | -0.99 |
| EPS in Rs | -0.5 | 0.02 | -0.81 | -0.43 | -0.47 | -0.37 | -0.24 | 0.05 | -0.86 | -0.56 | -3.26 | -1.12 |

### Profit & Loss

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

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 127.54 | 175.83 | 168.83 | 87.54 | 69.99 | 115.93 | 158.98 | 151.52 | 61.12 | 37.04 |
| Expenses | 132.99 | 169.77 | 172.2 | 91.49 | 81.08 | 119.07 | 160.65 | 152.81 | 63.8 | 39.43 |
| Operating Profit | -5.45 | 6.06 | -3.37 | -3.95 | -11.09 | -3.14 | -1.67 | -1.29 | -2.68 | -2.39 |
| OPM % | -4.27 | 3.45 | -2 | -4.51 | -15.85 | -2.71 | -1.05 | -0.85 | -4.38 | -6.45 |
| Other Income | 0.15 | 0.07 | -0.09 | -4.84 | 42.4 | -7.45 | 0.6 | 1.09 | -0.32 | -1.82 |
| Interest | 6.82 | 7.43 | 7.45 | 6.13 | 3.15 | 1.06 | 1.49 | 1.3 | 1.47 | 1.33 |
| Depreciation | 2.11 | 1.95 | 2 | 0.63 | 0.44 | 0.2 | 0.21 | 0.22 | 0.21 | 0.21 |
| Profit before tax | -14.23 | -3.25 | -12.91 | -15.55 | 27.72 | -11.85 | -2.77 | -1.72 | -4.68 | -5.75 |
| Tax % | -29.37 | 50.15 | 4.88 | -26.62 | 13.28 | -24.3 | -24.55 | -22.67 | -13.03 | — |
| Net Profit | -10.05 | -4.88 | -13.54 | -11.41 | 24.05 | -8.97 | -2.09 | -1.33 | -4.07 | -5.11 |
| EPS in Rs | -11.41 | -5.54 | -15.37 | -12.96 | 27.31 | -10.18 | -2.37 | -1.51 | -4.62 | -5.8 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 8.81 | 8.81 | 8.81 | 8.81 | 8.81 | 8.81 | 8.81 | 8.81 | 8.81 | 8.81 |
| Reserves | 74.62 | 64.58 | 59.64 | 46.13 | 34.7 | 58.72 | 49.67 | 47.59 | 46.23 | 42.18 |
| Borrowings | 54.76 | 56.59 | 65.56 | 65.72 | 69.18 | 17.2 | 18.14 | 15.81 | 22.16 | 18.85 |
| Other Liabilities | 28.57 | 18.53 | 43.43 | 26.62 | 25.02 | 13.4 | 5.87 | 6.04 | 5.44 | 4.77 |
| Total Liabilities | 166.76 | 148.51 | 177.44 | 147.28 | 137.71 | 98.13 | 82.49 | 78.25 | 82.64 | 74.61 |
| Fixed Assets | 25.21 | 23.53 | 21.58 | 20.36 | 7.9 | 1.31 | 1.25 | 1.3 | 1.41 | 1.16 |
| CWIP | 0.02 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 3.46 | 3.46 | 3.46 | 0.04 | 0.04 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 138.07 | 121.49 | 152.4 | 126.88 | 129.77 | 96.82 | 81.24 | 76.95 | 81.23 | 73.45 |
| Total Assets | 166.76 | 148.51 | 177.44 | 147.28 | 137.71 | 98.13 | 82.49 | 78.25 | 82.64 | 74.61 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -11.21 | 4.43 | -2.75 | 4.15 | -3.15 | 4.39 | -10.3 | 4 | -4.71 | 4.81 |
| Cash from Investing Activity | -0.22 | -0.36 | -0.01 | 2.55 | 5.63 | 51.82 | 9 | -0.17 | -0.34 | -0.04 |
| Cash from Financing Activity | 11.29 | -4.11 | 2.63 | -6.71 | -2.46 | -54.83 | -0.12 | -3.82 | 5.05 | -4.78 |
| Net Cash Flow | -0.14 | -0.03 | -0.13 | 0 | 0.02 | 1.38 | -1.42 | 0.01 | 0 | -0.01 |
| Free Cash Flow | -11.52 | 3.98 | -2.83 | 4.17 | 2.27 | 60.38 | -1.72 | 3.76 | -5.05 | 4.77 |
| CFO/OP | -282 | -82 | -45 | -124 | 80 | -41 | 305 | -246 | 371 | -178 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 51.15 | 46.02 | 90.72 | 47.67 | 91.15 | 38.75 | 26.26 | 16.09 | 26.33 | 38.04 |
| Inventory Days | 62.54 | 183.85 | 122.54 | 110.63 | 206.72 | 169.25 | 69.65 | 41.92 | 44.52 | 115.39 |
| Days Payable | 30.18 | 45.76 | 88.04 | 46.82 | 97.27 | 54.64 | 12.86 | 6.59 | 6.79 | 22.66 |
| Cash Conversion Cycle | 83.51 | 184.11 | 125.21 | 111.48 | 200.6 | 153.35 | 83.05 | 51.42 | 64.06 | 130.78 |
| Working Capital Days | 30.45 | 39.81 | 133.06 | 114.67 | 0.75 | 120.05 | 30.82 | 15.29 | 12.31 | 16.06 |
| ROCE % | 3.19 | -5.52 | 3.25 | -4.09 | -3.37 | -9.1 | -3.87 | -1.75 | -0.56 | -1.02 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 66.72% | 66.72% | 66.72% | 66.72% | 66.72% | 66.72% | 68.88% | 73.76% | 73.76% | 73.76% | 73.76% |
| DIIs | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0% | 0% | 0% | 0% | 0% |
| Public | 33.27% | 33.27% | 33.27% | 33.27% | 33.27% | 33.27% | 31.12% | 26.25% | 26.23% | 26.24% | 26.23% |
| No. of Shareholders | 4791 | 4482 | 4384 | 3783 | 3690 | 3566 | 3642 | 3794 | 3975 | 4014 | 3991 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% | 73.76% |
| Public | 26.24% | 26.24% | 26.25% | 26.23% | 26.24% | 26.23% | 26.23% | 26.23% | 26.24% | 26.25% | 26.24% | 26.23% |
| No. of Shareholders | 3778 | 3797 | 3794 | 3818 | 3817 | 3994 | 3975 | 4115 | 4077 | 4040 | 4014 | 3991 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 5 / 6 / 8

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 25.36 | Sell |
| EMA (10) | 25.26 | Buy |
| SMA (20) | 25.26 | Buy |
| EMA (20) | 25.49 | Sell |
| SMA (50) | 26.59 | Sell |
| EMA (50) | 26.45 | Sell |
| SMA (100) | 28.05 | Sell |
| EMA (100) | 27.95 | Sell |
| SMA (200) | 30.45 | Sell |
| EMA (200) | 30.88 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.33 | Neutral |
| MACD (12,26,9) | -0.36 | Buy |
| Stochastic (14,3,3) | 35.15 | Neutral |
| ADX (14) | 42.93 | Buy |
| Williams %R (14) | -55.37 | Neutral |
| ATR (14) | 1.7 | High Volatility |
| ROC (12) | 1.73 | Buy |
| Stoch RSI (14) | 59.75 | Neutral |
| UO (7,14,28) | 54.55 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-10-10 | [Statement Of Investors Complaints For The Quarter Ended On 30Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9b9305b3-00b1-4f41-948d-cec8539dfd50.pdf) |
| 2026-10-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0598a1c9-8af0-4092-8288-946f992b2869.pdf) |
| 2026-09-26 | [Shareholder Meeting / Postal Ballot-Scrutinizer''s Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=557a6b28-c2ad-4f42-a6af-968c33b77afc.pdf) |
| 2026-09-25 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3761cbe-4900-4e52-a8d8-a4d256276e1f.pdf) |
| 2026-09-25 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=51e70650-05a9-4cbb-8bd9-26a018bfe63d.pdf) |
| 2026-09-25 | [PROCEEDINGS OF THE 57TH ANNUAL GENERAL MEETING OF THE COMPANY](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=979b56de-8c3a-40e6-9205-49510a56ed67.pdf) |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db981e8a-9edc-434b-a316-2668e0276ee9.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f91f2ba6-ccf1-433e-8fc3-7c8ba6a559ce.pdf) |
| 2026-09-01 | [NOTICE OF 57Th ANNUAL GENERAL MEETING SCHEDULE TO BE HELD ON 25TH SEPTEMBER 2026 AT 11:00 A.M. VIA AUDIO/VIDEO MODE](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7ac438c3-de10-41d1-b856-edcf419ffad1.pdf) |
| 2026-09-01 | [BOOK CLOSURE FOR 57TH ANNUAL GENERAL MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=41cd0323-7cb7-4f1e-af6d-31a734958123.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| 2026 | [Annual Report 2026](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f91f2ba6-ccf1-433e-8fc3-7c8ba6a559ce.pdf) |
| 2025 | [Annual Report 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a1a4c549-b69a-450e-9d90-d6bdc55a707e.pdf) |
| 2024 | [Annual Report 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/35d8d024-4935-43e5-81e2-9390fceb06fe.pdf) |
| 2023 | [Annual Report 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2f1ed4e7-36c7-4503-ad22-2325c2ccd5e4.pdf) |
| 2022 | [Annual Report 2022](https://www.bseindia.com/bseplus/AnnualReport/500370/76221500370.pdf) |
| 2021 | [Annual Report 2021](https://www.bseindia.com/bseplus/AnnualReport/500370/71526500370_11_09_21.pdf) |
| 2020 | [Annual Report 2020](https://www.bseindia.com/bseplus/AnnualReport/500370/67146500370.pdf) |
| Mar 2019 | [Annual Report 2019](https://www.bseindia.com/bseplus/AnnualReport/500370/5003700319.pdf) |
| Mar 2018 | [Annual Report 2018](https://www.bseindia.com/bseplus/AnnualReport/500370/5003700318.pdf) |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/500370/5003700317.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-03-27 | Credit rating update — CARE Ratings |
| 2026-02-17 | Credit rating update — Brickwork Ratings |
| 2025-03-10 | Credit rating update — CARE Ratings |
| 2025-02-12 | Credit rating update — Brickwork Ratings |
| 2024-01-04 | Credit rating update — CARE Ratings |
| 2023-11-22 | Credit rating update — Brickwork Ratings |

---

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 2026-10-13T10:59:46.371Z.