---
title: "Sar Televenture Ltd (SARTELE) — Share Price, Financials & Analysis"
symbol: "SARTELE"
company: "Sar Televenture Ltd"
canonical: "https://tapetide.com/stocks/SARTELE"
isin: "INE0PUC01020"
nse_symbol: "SARTELE"
sector: "Telecommunication"
industry: "Telecom - Services"
market_cap_cr: 413.72
generated_at: "2026-09-13T20:14:44.654Z"
---

# Sar Televenture Ltd (SARTELE)

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

## Company

- **NSE Symbol:** SARTELE
- **ISIN:** INE0PUC01020
- **Sector:** Telecommunication
- **Industry:** Telecom - Services
- **Macro Sector:** Telecommunication
- **Stock Type:** EQUITY
- **Listed Since:** 2023-11-08
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** sarteleventure.com

## About

Incorporated in 2019, SAR Televenture 
Ltd does General construction (including alteration, addition, repair and maintenance) 
 of 4G & 5G Networks Towers, carried out on own-account basis or on a fee or contract basis[1]

## Latest Price

- **Price:** ₹79.9
- **Change:** -3.6 (-4.31%)
- **Open:** ₹85.5
- **Day High:** ₹85.5
- **Day Low:** ₹79.05
- **Previous Close:** ₹83.5
- **Volume:** 236000
- **As Of:** 2026-09-11T10:01:40+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:11.334150Z.

- **Market Cap:** ₹413.72 Cr
- **Classification:** SME
- **P/E (reported):** 5.8
- **EPS (reported):** ₹4.22
- **Book Value:** ₹193.13
- **Price to Book:** 0.43
- **Dividend Yield:** 0%
- **ROE:** 5.49%
- **ROCE:** 6.02%
- **Debt to Equity:** 0
- **Revenue (yearly):** ₹522.11 Cr
- **Net Income:** ₹75.5 Cr
- **EBITDA:** ₹92.82 Cr
- **52-Week High:** ₹264.85
- **52-Week Low:** ₹83.1
- **RSI (14):** 22.03

## Tapetide Score

- **Score:** 47 / 100
- **Score date:** 2026-09-04
- **Archetype:** No Dominant Pattern
- **What it means:** The three pillars do not combine into a recognisable pattern. Read them individually rather than looking for one story — the lack of a pattern is itself the finding.
- **Pillar profile:** Quality: Average · Valuation: Fair · Momentum: Falling
- **Percentile:** 35.6 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 80.23 | 9% |
| growth | 91.06 | 9% |
| momentum | 5.84 | 12% |
| ownership | 24.22 | 24% |
| quality | 52.76 | 22% |
| valuation | 56.04 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.41 times its book value
- Company has delivered good profit growth of 374% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 9.53% over last 3 years.
- Debtor days have increased from 85.7 to 115 days.
- Working capital days have increased from 95.0 days to 159 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 12% | — | — |
| ebitda margin growth | 30.06% | 1.39% | 23.42% | 27.73% |
| net income growth | 21.71% | 60.98% | 341% | 374% |
| revenue growth | 49.47% | 46.58% | 152% | 256% |
| roce | 21.77% | -7.1% | -74.19% | 9.21% |
| roe | 21.95% | -74.83% | 20.17% | -76.56% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 3 | 26 | 36 | 88 | 117 | 207 | 242 | 280 |
| Expenses | 2 | 22 | 31 | 76 | 101 | 175 | 196 | 233 |
| Operating Profit | 1 | 5 | 5 | 12 | 16 | 32 | 45 | 47 |
| OPM % | 23 | 18 | 15 | 14 | 14 | 16 | 19 | 17 |
| Other Income | 0 | 0 | 0 | 0 | 1 | 5 | 4 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 0 | 1 | 5 | 8 | 10 |
| Profit before tax | 0 | 4 | 4 | 12 | 16 | 32 | 41 | 40 |
| Tax % | 30 | 9 | 3 | 2 | 2 | 11 | 11 | 10 |
| Net Profit | 0 | 3 | 4 | 12 | 16 | 29 | 36 | 36 |
| EPS in Rs | 14 | 26.38 | 1.93 | 3.87 | 4.31 | 6.05 | 7.7 | 7.22 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 1 | 5 | 32 | 124 | 350 | 522 |
| Expenses | 1 | 4 | 27 | 107 | 294 | 429 |
| Operating Profit | 0 | 1 | 6 | 18 | 56 | 93 |
| OPM % | 12 | 14 | 18 | 14 | 16 | 18 |
| Other Income | 0 | 0 | 0 | 0 | 5 | 7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 10 | 18 |
| Profit before tax | 0 | 0 | 4 | 16 | 52 | 81 |
| Tax % | 0 | -33 | 8 | 3 | 9 | 11 |
| Net Profit | 0 | 0 | 1 | 16 | 47 | 72 |
| EPS in Rs | -3 | 4 | 6.46 | 5.22 | 9.96 | 14.5 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.04 | 0.04 | 0.65 | 3 | 9 | 10 |
| Reserves | 0 | 0 | 11 | 69 | 844 | 944 |
| Borrowings | 1 | 3 | 4 | 178 | 8 | 2 |
| Other Liabilities | 0 | 1 | 8 | 17 | 85 | 151 |
| Total Liabilities | 1 | 4 | 24 | 266 | 947 | 1107 |
| Fixed Assets | 1 | 3 | 8 | 10 | 349 | 519 |
| CWIP | 0 | 0 | 0 | 0 | 17 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 1 | 1 | 16 | 257 | 582 | 588 |
| Total Assets | 1 | 4 | 24 | 266 | 947 | 1107 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 1 | -5 | -209 | -184 | 121 |
| Cash from Investing Activity | -1 | -2 | -7 | -3 | -367 | -168 |
| Cash from Financing Activity | 1 | 2 | 13 | 215 | 568 | 24 |
| Net Cash Flow | 0 | 0 | 1 | 4 | 18 | -22 |
| Free Cash Flow | -1 | -2 | -12 | -211 | -343 | -40 |
| CFO/OP | -164 | 81 | -86 | -1182 | -320 | 134 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 156 | 65 | 73 | 63 | 79 | 115 |
| Inventory Days | — | — | — | — | — | 29 |
| Days Payable | — | — | — | — | — | 81 |
| Cash Conversion Cycle | 156 | 65 | 73 | 63 | 79 | 63 |
| Working Capital Days | 132 | -19 | 124 | 54 | 72 | 159 |
| ROCE % | — | 11 | 48 | 12 | 9 | 9 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 66.26% | 57.17% | 45.07% | 45.07% | 45.07% | 45.3% |
| FIIs | 0% | 5.86% | 2.96% | 3.81% | 3.81% | 2.85% |
| DIIs | 0% | 0% | 0% | 6.95% | 6.95% | 6.45% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 25.9% | 27.36% | 20.15% | 21.14% | 21.14% | 26.09% |
| Others | 7.84% | 9.61% | 31.81% | 23.02% | 23.02% | 19.32% |
| No. of Shareholders | 1136 | 4679 | 4408 | 4415 | 4415 | 4159 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 88.03 | Sell |
| EMA (10) | 88.05 | Sell |
| SMA (20) | 94.29 | Sell |
| EMA (20) | 94.12 | Sell |
| SMA (50) | 109.93 | Sell |
| EMA (50) | 107.94 | Sell |
| SMA (100) | 125.91 | Sell |
| EMA (100) | 126.03 | Sell |
| SMA (200) | 166.89 | Sell |
| EMA (200) | 153.28 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 19.52 | Buy |
| MACD (12,26,9) | -7.95 | Sell |
| Stochastic (14,3,3) | 2.4 | Buy |
| ADX (14) | 20.01 | Neutral |
| Williams %R (14) | -96.3 | Buy |
| ATR (14) | 4.95 | High Volatility |
| ROC (12) | -19.98 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 23.83 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - SAR Televenture acquires 100% of PARA; Rs 27.04 crore loan converts into equity, making it a WOS. | [Acquisition 9 Jul - SAR Televenture acquires 100% of PARA; Rs 27.04 crore loan converts into equity, making it a WOS.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_09072026141112_NSE_Intimation_SAR09072026.pdf) |
| 8 April 2026 - SAR Televenture states corporate governance report is not applicable for quarter ended March 31, 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 8 April 2026 - SAR Televenture states corporate governance report is not applicable for quarter ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_08042026140050_Non-Applicability_of_Corporate_Governance_Report.pdf) |
| 7 Sep - On Sept 7, 2026, SAR Televenture withdrew Tikona acquisition application and cancelled the Oct 29, 2024 SPA. | [General Updates 7 Sep - On Sept 7, 2026, SAR Televenture withdrew Tikona acquisition application and cancelled the Oct 29, 2024 SPA.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_07092026184235_Regulation_30_NSE.pdf) |
| 7 May 2026 - Board approved allotment of 1,00,000 shares to promoter group on warrant conversion; capital rises to ₹10.03 crore. | [Outcome of Board Meeting 7 May 2026 - Board approved allotment of 1,00,000 shares to promoter group on warrant conversion; capital rises to ₹10.03 crore.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_07052026113259_outcomeofboardmeeting07052026.pdf) |
| 6 May 2026 - Board approved allotment of 2,50,000 shares on warrant conversion to promoter group; paid-up capital rises to Rs. 10.01 crore. | [Outcome of Board Meeting 6 May 2026 - Board approved allotment of 2,50,000 shares on warrant conversion to promoter group; paid-up capital rises to Rs. 10.01 crore.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_06052026141652_outcomeofboardmeeting06052026.pdf) |
| 6 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; shares remain fully in demat form. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 April 2026 - Regulation 74(5) certificate filed for quarter ended March 31, 2026; shares remain fully in demat form.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_06042026144429_covering_letter.pdf) |
| 5 Sep - 7th AGM scheduled for September 29, 2026; annual report 2025-26 shared with shareholders. | [Updates 5 Sep - 7th AGM scheduled for September 29, 2026; annual report 2025-26 shared with shareholders.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_05092026161751_SAR_36__1__b__disclosure.pdf) |
| 5 Sep - 7th AGM on September 29, 2026 at 1:00 P.M. via VC/OAVM; annual report and e-voting details sent. | [Copy of Newspaper Publication 5 Sep - 7th AGM on September 29, 2026 at 1:00 P.M. via VC/OAVM; annual report and e-voting details sent.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_05092026165842_SAR_Newspaper.pdf) |
| 5 May 2026 - Board approved allotment of 2.5 lakh shares to promoter group on 5 May 2026. | [Outcome of Board Meeting 5 May 2026 - Board approved allotment of 2.5 lakh shares to promoter group on 5 May 2026.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_05052026192217_Outcomeofboardmeeting.pdf) |
| 4 Sep - Annual report FY2025-26 and 7th AGM on September 29, 2026, with borrowing and related-party approvals. | [Shareholders meeting 4 Sep - Annual report FY2025-26 and 7th AGM on September 29, 2026, with borrowing and related-party approvals.](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_04092026144135_Annual_Report_2025-26_SAR_Televenture_Limited.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31364_SARTELE_2025_2026_A_5076222_04092026144527.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28675_SARTELE_2024_2025_A_3842651_05092025200911.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24899_SARTELE_2023_2024_10082024155651.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_15112025213231_NSE_Investor_Presentation_15112025.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://nsearchives.nseindia.com/corporate/SARTELE_15072024152158_Presentation.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/SARTELEVENTURE2023_21022025222527_TranscriptNSE21022025.pdf) |

---

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 2026-09-13T20:14:44.654Z.