Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Sar Televenture share price today

Sar Televenture Ltd · NSE: SARTELE · Telecom Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly

Sar Televenture share price today: ₹77.35 at the NSE close on 4 November 2026, down 54.5% in a year. Sar Televenture (NSE: SARTELE) is worth ₹388 crore, trades at a P/E of 5.4 and has closed between ₹75.15 and ₹250.95 over the past 52 weeks.

₹77.35Price −54.5% in a year
5.4×P/E lower than 99% of the last 2.9 years
₹280 CrRevenue (Mar 2026) +35.3% on a year ago
₹36.0 CrProfit (Mar 2026) +24.1% on a year ago
17.0%Operating margin +1.0 points on a year ago
9%ROCE FY26
7.0%ROIC against a 12.0% cost of capital: −5.0 points
−201%Profit that came in as cash last 3 years

Sar Televenture Ltd's earnings have grown faster than its share price. Earnings per share grew +45.6% in a year while the price moved −54.5%.

The main question: profits are rising, but only −201% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

The price has been falling for 29 weeks, and the P/E is lower than 99% of its own last 2.9 years. Over the last four quarters, results have been improving, with profit +24.1% on a year earlier, and −201% of the last 3 years' profit came in as cash. What will decide it: whether the cash starts to follow the profit.

What is the Sar Televenture share price today?

Sar Televenture Ltd's share price was ₹77.35 at the close on 4 November 2026. It has been falling for 29 weeks. That is 47.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹75 and ₹251, and at that close it sat 1% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Sar Televenture Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 42 weeks running.

1Y

Nov 2026: ₹77.3, 47.1% below its 200-day average. The price has been falling for 29 weeks.

  • Price ₹77.4
  • 50-day avg ₹100
  • 200-day avg ₹146
Nov 2026: ₹77.3, 47.1% below its 200-day average. The price has been falling for 29 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹167₹190₹223
7 Nov 2025₹170₹188₹221
14 Nov 2025₹166₹184₹218
21 Nov 2025₹205₹185₹217
28 Nov 2025₹205₹188₹216
5 Dec 2025₹246₹195₹216
12 Dec 2025₹220₹200₹217
19 Dec 2025₹225₹205₹217
26 Dec 2025₹230₹209₹218
2 Jan 2026₹251₹214₹219
9 Jan 2026₹242₹221₹221
16 Jan 2026₹243₹224₹221
23 Jan 2026₹221₹225₹222
1 Feb 2026₹198₹222₹221
6 Feb 2026₹206₹218₹220
13 Feb 2026₹225₹219₹220
20 Feb 2026₹223₹220₹220
27 Feb 2026₹212₹219₹220
6 Mar 2026₹195₹216₹219
13 Mar 2026₹181₹211₹218
20 Mar 2026₹173₹205₹216
27 Mar 2026₹158₹198₹214
2 Apr 2026₹159₹194₹212
10 Apr 2026₹169₹189₹210
17 Apr 2026₹167₹185₹208
24 Apr 2026₹155₹181₹206
30 Apr 2026₹150₹177₹204
8 May 2026₹153₹172₹201
15 May 2026₹143₹168₹198
22 May 2026₹140₹163₹196
29 May 2026₹138₹159₹193
4 Jun 2026₹130₹155₹191
5 Jun 2026₹130₹154₹190
9 Jun 2026₹119₹151₹189
10 Jun 2026₹116₹150₹188
12 Jun 2026₹111₹147₹187
17 Jun 2026₹161₹148₹186
19 Jun 2026₹150₹148₹185
24 Jun 2026₹139₹148₹184
25 Jun 2026₹136₹147₹183
1 Jul 2026₹143₹146₹182
3 Jul 2026₹140₹146₹181
10 Jul 2026₹130₹143₹179
17 Jul 2026₹124₹140₹176
24 Jul 2026₹117₹136₹173
31 Jul 2026₹121₹132₹171
7 Aug 2026₹112₹130₹168
14 Aug 2026₹108₹127₹165
21 Aug 2026₹106₹122₹162
28 Aug 2026₹97₹118₹159
4 Sep 2026₹89₹113₹156
11 Sep 2026₹80₹108₹152
18 Sep 2026₹75₹103₹149
25 Sep 2026₹92₹100₹146
1 Oct 2026₹97₹100₹146
9 Oct 2026₹89₹100₹146
16 Oct 2026₹88₹100₹146
23 Oct 2026₹79₹100₹146
30 Oct 2026₹78₹100₹146
4 Nov 2026₹77₹100₹146
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹77.3, 47.1% below its 200-day average. The price has been falling for 29 weeks.

  • Price ₹77.4
  • 50-day avg ₹100
  • 200-day avg ₹146
Nov 2026: ₹77.3, 47.1% below its 200-day average. The price has been falling for 29 weeks.
WeekPrice50-day avg200-day avg
12 Nov 2023₹82₹94₹95
17 Nov 2023₹89₹94₹95
24 Nov 2023₹114₹94₹95
1 Dec 2023₹157₹100₹96
8 Dec 2023₹161₹112₹100
15 Dec 2023₹156₹121₹103
22 Dec 2023₹148₹125₹105
29 Dec 2023₹138₹128₹106
5 Jan 2024₹178₹133₹109
12 Jan 2024₹227₹146₹113
20 Jan 2024₹250₹164₹120
25 Jan 2024₹244₹172₹124
2 Feb 2024₹248₹184₹129
9 Feb 2024₹258₹198₹136
16 Feb 2024₹256₹208₹141
23 Feb 2024₹263₹216₹147
2 Mar 2024₹238₹222₹152
7 Mar 2024₹207₹220₹155
15 Mar 2024₹178₹214₹156
22 Mar 2024₹191₹208₹157
28 Mar 2024₹186₹206₹158
5 Apr 2024₹200₹205₹161
12 Apr 2024₹183₹203₹162
19 Apr 2024₹179₹199₹162
26 Apr 2024₹196₹198₹164
3 May 2024₹183₹196₹165
10 May 2024₹185₹194₹166
18 May 2024₹232₹198₹168
24 May 2024₹222₹204₹171
31 May 2024₹205₹205₹173
7 Jun 2024₹217₹205₹174
14 Jun 2024₹217₹208₹177
21 Jun 2024₹206₹208₹178
28 Jun 2024₹199₹208₹179
5 Jul 2024₹243₹211₹182
12 Jul 2024₹244₹217₹185
19 Jul 2024₹243₹220₹187
26 Jul 2024₹231₹223₹189
2 Aug 2024₹260₹228₹192
9 Aug 2024₹264₹233₹195
16 Aug 2024₹253₹236₹197
23 Aug 2024₹293₹241₹201
30 Aug 2024₹341₹257₹207
6 Sep 2024₹394₹277₹215
13 Sep 2024₹371₹295₹223
20 Sep 2024₹345₹305₹229
27 Sep 2024₹339₹311₹234
4 Oct 2024₹329₹316₹239
11 Oct 2024₹344₹319₹243
18 Oct 2024₹332₹321₹247
25 Oct 2024₹311₹318₹250
1 Nov 2024₹360₹324₹255
8 Nov 2024₹357₹331₹260
14 Nov 2024₹318₹331₹263
22 Nov 2024₹327₹330₹265
29 Nov 2024₹311₹327₹268
6 Dec 2024₹315₹325₹270
13 Dec 2024₹290₹322₹272
20 Dec 2024₹270₹314₹272
27 Dec 2024₹260₹306₹272
3 Jan 2025₹279₹299₹272
10 Jan 2025₹242₹292₹271
17 Jan 2025₹247₹282₹269
24 Jan 2025₹229₹274₹268
1 Feb 2025₹224₹261₹265
7 Feb 2025₹285₹259₹264
14 Feb 2025₹257₹260₹264
21 Feb 2025₹227₹255₹262
28 Feb 2025₹214₹249₹261
7 Mar 2025₹209₹242₹258
13 Mar 2025₹210₹237₹256
21 Mar 2025₹248₹235₹255
28 Mar 2025₹280₹240₹255
4 Apr 2025₹277₹247₹256
11 Apr 2025₹260₹249₹256
17 Apr 2025₹292₹253₹257
25 Apr 2025₹273₹257₹258
2 May 2025₹256₹258₹258
9 May 2025₹217₹253₹257
16 May 2025₹241₹251₹256
23 May 2025₹246₹249₹255
30 May 2025₹260₹251₹256
6 Jun 2025₹251₹251₹255
13 Jun 2025₹243₹251₹255
20 Jun 2025₹243₹249₹255
27 Jun 2025₹266₹249₹254
4 Jul 2025₹258₹252₹255
11 Jul 2025₹251₹252₹255
18 Jul 2025₹227₹249₹254
25 Jul 2025₹220₹244₹252
1 Aug 2025₹214₹240₹251
8 Aug 2025₹199₹233₹248
14 Aug 2025₹195₹228₹246
22 Aug 2025₹199₹223₹244
29 Aug 2025₹194₹219₹242
5 Sep 2025₹181₹214₹240
12 Sep 2025₹207₹213₹238
19 Sep 2025₹191₹209₹236
26 Sep 2025₹186₹206₹234
3 Oct 2025₹174₹202₹232
10 Oct 2025₹203₹198₹229
17 Oct 2025₹187₹197₹227
24 Oct 2025₹174₹194₹225
31 Oct 2025₹167₹190₹223
7 Nov 2025₹170₹188₹221
14 Nov 2025₹166₹184₹218
21 Nov 2025₹205₹185₹217
28 Nov 2025₹205₹188₹216
5 Dec 2025₹246₹195₹216
12 Dec 2025₹220₹200₹217
19 Dec 2025₹225₹205₹217
26 Dec 2025₹230₹209₹218
2 Jan 2026₹251₹214₹219
9 Jan 2026₹242₹221₹221
16 Jan 2026₹243₹224₹221
23 Jan 2026₹221₹225₹222
1 Feb 2026₹198₹222₹221
6 Feb 2026₹206₹218₹220
13 Feb 2026₹225₹219₹220
20 Feb 2026₹223₹220₹220
27 Feb 2026₹212₹219₹220
6 Mar 2026₹195₹216₹219
13 Mar 2026₹181₹211₹218
20 Mar 2026₹173₹205₹216
27 Mar 2026₹158₹198₹214
2 Apr 2026₹159₹194₹212
10 Apr 2026₹169₹189₹210
17 Apr 2026₹167₹185₹208
24 Apr 2026₹155₹181₹206
30 Apr 2026₹150₹177₹204
8 May 2026₹153₹172₹201
15 May 2026₹143₹168₹198
22 May 2026₹140₹163₹196
29 May 2026₹138₹159₹193
4 Jun 2026₹130₹155₹191
5 Jun 2026₹130₹154₹190
9 Jun 2026₹119₹151₹189
10 Jun 2026₹116₹150₹188
12 Jun 2026₹111₹147₹187
17 Jun 2026₹161₹148₹186
19 Jun 2026₹150₹148₹185
24 Jun 2026₹139₹148₹184
25 Jun 2026₹136₹147₹183
1 Jul 2026₹143₹146₹182
3 Jul 2026₹140₹146₹181
10 Jul 2026₹130₹143₹179
17 Jul 2026₹124₹140₹176
24 Jul 2026₹117₹136₹173
31 Jul 2026₹121₹132₹171
7 Aug 2026₹112₹130₹168
14 Aug 2026₹108₹127₹165
21 Aug 2026₹106₹122₹162
28 Aug 2026₹97₹118₹159
4 Sep 2026₹89₹113₹156
11 Sep 2026₹80₹108₹152
18 Sep 2026₹75₹103₹149
25 Sep 2026₹92₹100₹146
1 Oct 2026₹97₹100₹146
9 Oct 2026₹89₹100₹146
16 Oct 2026₹88₹100₹146
23 Oct 2026₹79₹100₹146
30 Oct 2026₹78₹100₹146
4 Nov 2026₹77₹100₹146
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

Price stage: Falling from Oct 2025 to Jan 2026; Sideways from Feb 2026 to Mar 2026; Falling from Mar 2026 to Sep 2026.

Price stage: Falling from Nov 2023 to Dec 2023; Rising from Dec 2023 to Feb 2025; Falling from Feb 2025 to Jan 2026; Sideways from Feb 2026 to Mar 2026; Falling from Mar 2026 to Sep 2026.

Week by week since 2023: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 53 of 150 weeks

Week by week since 2023: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
12 Nov 2023no NIFTY 500 reading
17 Nov 2023no NIFTY 500 reading
24 Nov 2023no NIFTY 500 reading
1 Dec 2023no NIFTY 500 reading
8 Dec 2023no NIFTY 500 reading
15 Dec 2023no NIFTY 500 reading
22 Dec 2023no NIFTY 500 reading
29 Dec 2023no NIFTY 500 reading
5 Jan 2024no NIFTY 500 reading
12 Jan 2024no NIFTY 500 reading
20 Jan 2024no NIFTY 500 reading
25 Jan 2024no NIFTY 500 reading
2 Feb 2024no NIFTY 500 reading
9 Feb 2024+202.4%
16 Feb 2024+173.5%
23 Feb 2024+118.5%
2 Mar 2024+46.0%
7 Mar 2024+23.7%
15 Mar 2024+9.9%
22 Mar 2024+24.6%
28 Mar 2024+27.7%
5 Apr 2024+5.1%
12 Apr 2024−24.3%
19 Apr 2024−34.8%
26 Apr 2024−25.5%
3 May 2024−29.2%
10 May 2024−32.4%
18 May 2024−14.8%
24 May 2024−21.8%
31 May 2024−20.8%
7 Jun 2024−7.1%
14 Jun 2024+8.3%
21 Jun 2024−3.6%
28 Jun 2024−3.8%
5 Jul 2024+11.9%
12 Jul 2024+19.7%
19 Jul 2024+25.0%
26 Jul 2024+5.4%
2 Aug 2024+31.5%
9 Aug 2024+32.9%
16 Aug 2024−1.0%
23 Aug 2024+20.7%
30 Aug 2024+53.4%
6 Sep 2024+74.8%
13 Sep 2024+63.6%
20 Sep 2024+58.6%
27 Sep 2024+64.3%
4 Oct 2024+32.5%
11 Oct 2024+39.1%
18 Oct 2024+37.1%
25 Oct 2024+38.2%
1 Nov 2024+37.7%
8 Nov 2024+39.0%
14 Nov 2024+31.7%
22 Nov 2024+15.8%
29 Nov 2024−6.0%
6 Dec 2024−19.4%
13 Dec 2024−17.7%
20 Dec 2024−13.6%
27 Dec 2024−15.5%
3 Jan 2025−9.5%
10 Jan 2025−20.7%
17 Jan 2025−19.2%
24 Jan 2025−20.0%
1 Feb 2025−32.2%
7 Feb 2025−15.6%
14 Feb 2025−13.6%
21 Feb 2025−20.8%
28 Feb 2025−19.1%
7 Mar 2025−20.3%
13 Mar 2025−18.5%
21 Mar 2025−3.4%
28 Mar 2025+12.7%
4 Apr 2025+7.9%
11 Apr 2025+8.2%
17 Apr 2025+14.3%
25 Apr 2025+15.6%
2 May 2025+12.8%
9 May 2025−31.4%
16 May 2025−15.8%
23 May 2025−2.9%
30 May 2025+8.9%
6 Jun 2025+4.9%
13 Jun 2025+5.8%
20 Jun 2025−11.2%
27 Jun 2025−15.8%
4 Jul 2025−22.7%
11 Jul 2025−12.9%
18 Jul 2025−27.5%
25 Jul 2025−24.0%
1 Aug 2025−19.2%
8 Aug 2025−9.3%
14 Aug 2025−21.0%
22 Aug 2025−19.2%
29 Aug 2025−25.5%
5 Sep 2025−26.6%
12 Sep 2025−17.0%
19 Sep 2025−21.1%
26 Sep 2025−27.3%
3 Oct 2025−30.4%
10 Oct 2025−19.0%
17 Oct 2025−19.2%
24 Oct 2025−24.7%
31 Oct 2025−26.1%
7 Nov 2025−19.6%
14 Nov 2025−17.8%
21 Nov 2025−2.0%
28 Nov 2025+2.0%
5 Dec 2025+33.9%
12 Dec 2025+6.1%
19 Dec 2025+14.8%
26 Dec 2025+19.4%
2 Jan 2026+40.1%
9 Jan 2026+19.3%
16 Jan 2026+34.0%
23 Jan 2026+30.7%
1 Feb 2026+19.1%
6 Feb 2026+21.4%
13 Feb 2026+36.1%
20 Feb 2026+10.9%
27 Feb 2026+8.8%
6 Mar 2026−16.7%
13 Mar 2026−11.2%
20 Mar 2026−12.9%
27 Mar 2026−19.0%
2 Apr 2026−28.6%
10 Apr 2026−26.4%
17 Apr 2026−32.0%
24 Apr 2026−29.0%
30 Apr 2026−22.6%
8 May 2026−20.6%
15 May 2026−31.8%
22 May 2026−33.7%
29 May 2026−36.0%
4 Jun 2026−33.0%
5 Jun 2026−30.5%
9 Jun 2026−36.5%
10 Jun 2026−34.7%
12 Jun 2026−32.3%
17 Jun 2026−7.5%
19 Jun 2026−10.7%
24 Jun 2026−11.6%
25 Jun 2026−9.5%
1 Jul 2026−10.0%
3 Jul 2026−5.6%
10 Jul 2026−10.4%
17 Jul 2026−13.4%
24 Jul 2026−12.2%
31 Jul 2026−11.5%
7 Aug 2026−10.6%
14 Aug 2026−11.0%
21 Aug 2026−9.0%
28 Aug 2026−41.2%
4 Sep 2026−41.0%
11 Sep 2026−41.3%
18 Sep 2026−43.6%
25 Sep 2026−32.8%
1 Oct 2026−24.5%
9 Oct 2026−25.0%
16 Oct 2026−24.4%
23 Oct 2026−25.9%
30 Oct 2026−28.9%
4 Nov 2026−23.5%
Each bar is one week, from 2023 to now (150 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 3 years the share price moved −6% while the NIFTY 500 moved +24%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 27 February 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What are Sar Televenture's latest quarterly results?

For January to March 2026 (the quarter ended 31 March 2026), Sar Televenture reported revenue of ₹280 crore, up 35.3% from ₹207 crore a year earlier, and a profit of ₹36.0 crore, up 24.1% from ₹29.0 crore.

Sar Televenture results: January to March 2026 against a year earlier

Sar Televenture results: January to March 2026 against a year earlier
MeasureJanuary to March 2026January to March 2025Change
Revenue₹280 crore₹207 crore+35.3%
Profit₹36.0 crore₹29.0 crore+24.1%
Earnings per share₹7.22₹6.05+19.3%
Operating margin17.0%16.0%+1.0 points

The next results, for April to June 2026, were due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). This page shows them once our weekly data update has read them.

From the company's reported quarterly results (quarter ended 31 March 2026). Revenue and profit in ₹ crore.

What is the Sar Televenture share price history?

Sar Televenture closed at ₹77.35 on 4 November 2026, down 54.5% from ₹170.15 a year earlier (7 November 2025) and down 5.6% over three years. Its highest weekly close since November 2023 was ₹394.00 on 6 September 2024.

Sar Televenture share price: then and now

Sar Televenture share price: then and now
WhenCloseChange to 4 Nov 2026
1 week ago · 30 Oct 2026₹78.05−0.9%
1 month ago · 1 Oct 2026₹96.85−20.1%
6 months ago · 8 May 2026₹152.85−49.4%
1 year ago · 7 Nov 2025₹170.15−54.5%
3 years ago · 12 Nov 2023₹81.92−5.6%
Earliest weekly close in our records · 12 Nov 2023₹81.92−5.6%
Highest weekly close since November 2023 · 6 Sep 2024₹394.00−80.4%
Lowest weekly close since November 2023, also the 52-week low · 18 Sep 2026₹75.15+2.9%
52-week high (weekly close) · 2 Jan 2026₹250.95−69.2%

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

163 weekly closes from 12 November 2023 to 4 November 2026.

What is the latest news on Sar Televenture?

4 Nov 2026: Sar Televenture closed at ₹77.35, down 0.9% on the week and down 20.1% on the month. Results for January to March 2026: Revenue up 35.3% and profit up 24.1% on a year earlier.

What dividend does Sar Televenture pay?

Sar Televenture has paid no dividend on the NSE since its first NSE close in our records (12 November 2023), the start of the period we checked.

No. Sar Televenture Ltd paid out 0% of its profit as dividends in each of its last 7 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 6 November 2026.

Which stock lists is Sar Televenture on?

Sar Televenture is not on any of our India lists this week.

Is Sar Televenture profitable?

Sar Televenture Ltd earned ₹36.0 Cr of net profit in the Mar 2026 quarter, +24.1% on the same quarter a year earlier. That is the 5th quarter in a row of profit growth. Full-year FY26 profit was ₹72.0 Cr. That is 12.9% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹72.0 Cr (+53.2% on the year before).

FY26 profit ₹72.0 Cr (+53.2% on the year before)

  • Net profit ₹72.0
FY26 profit ₹72.0 Cr (+53.2% on the year before)
QuarterNet profit
FY20₹0
FY21₹0
FY22₹0
FY23₹1
FY24₹16
FY25₹47
FY26₹72

Growth on a year earlier

  • Growth on a year earlier 53.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY20–
FY21–
FY22–
FY23–
FY241,500%
FY25193.8%
FY2653.2%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 7-year window. A grey bar is lower than the year before.

Mar 2026: ₹36.0 Cr (+24.1% on a year earlier), the 5th quarter in a row of growth

  • Net profit (quarterly) ₹36.0
Mar 2026: ₹36.0 Cr (+24.1% on a year earlier), the 5th quarter in a row of growth
QuarterNet profit (quarterly)
Sep 2022₹0
Mar 2023₹3
Sep 2023₹4
Mar 2024₹12
Sep 2024₹16
Mar 2025₹29
Sep 2025₹36
Mar 2026₹36

Growth on a year earlier

  • Growth on a year earlier 24.1%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2022–
Mar 2023–
Sep 2023–
Mar 2024300%
Sep 2024300%
Mar 2025141.7%
Sep 2025125%
Mar 202624.1%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +35.3% on a year earlier and the margin moved +1.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +147.7% and revenue +125.6%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

How much revenue does Sar Televenture make, and is it growing?

Sar Televenture Ltd reported ₹280 Cr of revenue in the Mar 2026 quarter, +35.3% on the same quarter a year earlier. That is the 6th quarter in a row with growth on the year before. Over 6 years it has grown 444.6% a year on average. The last full year, FY26, came in at ₹522 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹522 Cr, +49.1% on the year before.

FY26 revenue ₹522 Cr (+49.1% on the year before), 444.6% a year over 6 years

  • Revenue ₹522
FY26 revenue ₹522 Cr (+49.1% on the year before), 444.6% a year over 6 years
QuarterRevenue
FY20₹0
FY21₹1
FY22₹5
FY23₹32
FY24₹124
FY25₹350
FY26₹522

Growth on a year earlier

  • Growth on a year earlier 49.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY20–
FY214,900%
FY22400%
FY23540%
FY24287.5%
FY25182.3%
FY2649.1%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 7-year window. A grey bar is lower than the year before.

Mar 2026: ₹280 Cr (+35.3% on a year earlier), the 6th quarter in a row of growth

  • Revenue (quarterly) ₹280
Mar 2026: ₹280 Cr (+35.3% on a year earlier), the 6th quarter in a row of growth
QuarterRevenue (quarterly)
Sep 2022₹3
Mar 2023₹26
Sep 2023₹36
Mar 2024₹88
Sep 2024₹117
Mar 2025₹207
Sep 2025₹242
Mar 2026₹280

Growth on a year earlier

  • Growth on a year earlier 35.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2022–
Mar 2023–
Sep 20231,100%
Mar 2024238.5%
Sep 2024225%
Mar 2025135.2%
Sep 2025106.8%
Mar 202635.3%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +125.6% on average, against 444.6% a year over the longer run, so this year is growing slower than its own long-run rate.

How much of every ₹100 of sales does Sar Televenture keep?

Sar Televenture Ltd's operating margin was 17.0% in the Mar 2026 quarter, 1.0 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Over the last four quarters it has moved +3.0 percentage points. Across 7 years it has been between −600.0% and 18.0%.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

The latest quarter is within that range.

Why the margin moved: operating margin changed −0.6 percentage points on the year while gross margin changed +6.6 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY26: 18.0%, the highest in a range of −600.0% to 18.0% over 7 years

  • Operating margin 18.0%
FY26: 18.0%, the highest in a range of −600.0% to 18.0% over 7 years
QuarterOperating margin
FY20−600%
FY2112%
FY2214%
FY2318%
FY2414%
FY2516%
FY2618%

Change on the year before (points)

  • Change on the year before (points) +2.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY20–
FY21+612.0 pts
FY22+2.0 pts
FY23+4.0 pts
FY24−4.0 pts
FY25+2.0 pts
FY26+2.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 7-year window.

Mar 2026: operating margin 17.0% (+1.0 points on a year earlier)

  • Operating margin 17.0%
Mar 2026: operating margin 17.0% (+1.0 points on a year earlier)
QuarterOperating margin
Sep 202223%
Mar 202318%
Sep 202315%
Mar 202414%
Sep 202414%
Mar 202516%
Sep 202519%
Mar 202617%

Change on a year earlier (points)

  • Change on a year earlier (points) +1.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2022–
Mar 2023–
Sep 2023−8.0 pts
Mar 2024−4.0 pts
Sep 2024−1.0 pts
Mar 2025+2.0 pts
Sep 2025+5.0 pts
Mar 2026+1.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Sar Televenture's profit turning into cash?

Over the last 3 years Sar Televenture Ltd's operations used more cash than they brought in, so cash conversion was −201%, a gap worth watching. In FY26 it brought in ₹121 Cr of operating cash against ₹72.0 Cr of profit. After ₹171 Cr of spending on assets, free cash was −₹50.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash ₹121 Cr against profit ₹72.0 Cr; −201% of 3 years' profit came in as cash

  • Operating cash ₹121
  • Net profit ₹72.0
  • Free cash −₹50
FY26: operating cash ₹121 Cr against profit ₹72.0 Cr; −201% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21₹0₹0−₹1
FY22₹1₹0−₹1
FY23−₹5₹1−₹11
FY24−₹209₹16−₹212
FY25−₹184₹47−₹550
FY26₹121₹72−₹50
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 6-year window, yearly figures.

FY26: operating cash was 168% of profit (−201% over three years)

  • Operating cash as % of profit 168%
  • Break-even line 100%
FY26: operating cash was 168% of profit (−201% over three years)
QuarterOperating cash as % of profitBreak-even line
FY21–100%
FY22–100%
FY23−500%100%
FY24−1,306%100%
FY25−391%100%
FY26168%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why −201% of profit came in as cash: the cash cycle got 93 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 18.6× depreciation over three years. The next section checks what that spending is building.

Where does Sar Televenture's cash go?

Sar Televenture Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 63 days in FY26, down from 156 days in FY21. It spent ₹540 Cr on assets over the last 3 years. Customers take 115 days to pay, and stock sits for 29 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹522 Cr, each day of that cycle ties up about ₹1.4 Cr, so roughly ₹90.0 Cr is tied up in the business at any time.

FY26: customers took 115 days to pay and stock sat for 29 days, about 1.0 months of sales sitting as stock, for a full cycle of 63 days, shorter than FY21's 156.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 29 days. Customers pay about 115 days after that. Suppliers are paid at 81 days. Together that makes the 63-day cycle.

FY26: a 63-day cash cycle, −93 days compared with FY21

  • Cash cycle 63d
  • Inventory days 29d
  • Debtor days 115d
  • Payable days 81d
FY26: a 63-day cash cycle, −93 days compared with FY21
QuarterCash cycleInventory daysDebtor daysPayable days
FY20365d–365d–
FY21156d–156d–
FY2265d–65d–
FY2373d–73d–
FY2463d–63d–
FY2579d–79d–
FY2663d29d115d81d
Debtor days, inventory days, payable days and the full cash cycle, each year. 7-year window.

Spending on assets: ₹540 Cr over the last 3 years, against ₹29.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

FY26: capex ₹171 Cr, work in progress ₹0.0 Cr, a build-out

  • Capex ₹171
  • Work-in-progress ₹0.0
FY26: capex ₹171 Cr, work in progress ₹0.0 Cr, a build-out
QuarterCapexWork-in-progress
FY21₹1₹0
FY22₹2₹0
FY23₹6₹0
FY24₹3₹0
FY25₹366₹17
FY26₹171₹0
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Sar Televenture's P/E ratio, and how does it compare with its own history?

Sar Televenture Ltd's P/E is 5.4×, about the lowest it has ever been. Its usual P/E (the middle reading) is 26.1×, over 2.9 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

P/E 5.4× against a usual 26.1×: about the lowest it has ever been

  • P/E 6.30×
  • Median 26.1×
P/E 5.4× against a usual 26.1×: about the lowest it has ever been
WeekP/EMedian
12 Nov 202312.7×26.1×
17 Nov 202313.8×26.1×
24 Nov 202317.7×26.1×
1 Dec 202324.3×26.1×
8 Dec 202324.9×26.1×
15 Dec 202324.1×26.1×
22 Dec 202323.0×26.1×
29 Dec 202321.4×26.1×
5 Jan 202427.6×26.1×
12 Jan 202435.1×26.1×
20 Jan 202438.6×26.1×
25 Jan 202437.8×26.1×
2 Feb 202438.5×26.1×
9 Feb 202440.0×26.1×
16 Feb 202439.6×26.1×
23 Feb 202440.7×26.1×
2 Mar 202436.8×26.1×
7 Mar 202432.0×26.1×
15 Mar 202427.6×26.1×
22 Mar 202429.6×26.1×
28 Mar 202428.7×26.1×
5 Apr 202430.9×26.1×
12 Apr 202428.3×26.1×
19 Apr 202427.7×26.1×
26 Apr 202430.4×26.1×
3 May 202428.4×26.1×
10 May 202428.7×26.1×
18 May 202435.9×26.1×
24 May 202438.3×26.1×
31 May 202435.4×26.1×
7 Jun 202437.3×26.1×
14 Jun 202437.4×26.1×
21 Jun 202435.6×26.1×
28 Jun 202434.3×26.1×
5 Jul 202442.0×26.1×
12 Jul 202446.7×26.1×
19 Jul 202446.5×26.1×
26 Jul 202444.2×26.1×
2 Aug 202449.8×26.1×
9 Aug 202450.5×26.1×
16 Aug 202448.5×26.1×
23 Aug 202456.1×26.1×
30 Aug 202465.4×26.1×
6 Sep 202471.1×26.1×
13 Sep 202471.1×26.1×
20 Sep 202466.2×26.1×
27 Sep 202464.9×26.1×
4 Oct 202463.0×26.1×
11 Oct 202465.9×26.1×
18 Oct 202463.6×26.1×
25 Oct 202459.6×26.1×
1 Nov 202469.0×26.1×
8 Nov 202468.5×26.1×
14 Nov 202439.0×26.1×
22 Nov 202440.1×26.1×
29 Nov 202438.1×26.1×
6 Dec 202438.5×26.1×
13 Dec 202435.5×26.1×
20 Dec 202433.1×26.1×
27 Dec 202431.8×26.1×
3 Jan 202534.1×26.1×
10 Jan 202529.6×26.1×
17 Jan 202530.3×26.1×
24 Jan 202528.0×26.1×
1 Feb 202527.5×26.1×
7 Feb 202534.9×26.1×
14 Feb 202531.4×26.1×
21 Feb 202527.7×26.1×
28 Feb 202526.1×26.1×
7 Mar 202525.6×26.1×
13 Mar 202525.7×26.1×
21 Mar 202530.3×26.1×
28 Mar 202534.3×26.1×
4 Apr 202533.9×26.1×
11 Apr 202531.8×26.1×
17 Apr 202535.8×26.1×
25 Apr 202533.4×26.1×
2 May 202531.3×26.1×
9 May 202526.6×26.1×
16 May 202529.5×26.1×
23 May 202530.1×26.1×
26 Sep 202518.8×26.1×
3 Oct 202517.6×26.1×
10 Oct 202520.4×26.1×
17 Oct 202518.9×26.1×
24 Oct 202517.6×26.1×
31 Oct 202516.9×26.1×
7 Nov 202517.1×26.1×
14 Nov 202516.8×26.1×
21 Nov 202520.7×26.1×
28 Nov 202520.7×26.1×
5 Dec 202524.8×26.1×
12 Dec 202522.2×26.1×
19 Dec 202522.6×26.1×
26 Dec 202523.2×26.1×
2 Jan 202625.3×26.1×
9 Jan 202624.4×26.1×
16 Jan 202624.5×26.1×
23 Jan 202622.3×26.1×
1 Feb 202619.9×26.1×
6 Feb 202620.8×26.1×
9 Feb 202671.1×26.1×
12 Feb 202622.9×26.1×
13 Feb 202622.6×26.1×
20 Feb 202622.4×26.1×
27 Feb 202621.4×26.1×
6 Mar 202619.6×26.1×
13 Mar 202618.2×26.1×
20 Mar 202617.5×26.1×
27 Mar 202616.0×26.1×
2 Apr 202616.1×26.1×
10 Apr 202617.1×26.1×
17 Apr 202616.8×26.1×
24 Apr 202615.6×26.1×
29 Apr 202615.5×26.1×
30 Apr 202615.2×26.1×
8 May 202615.4×26.1×
15 May 202614.4×26.1×
22 May 202614.2×26.1×
29 May 20269.50×26.1×
4 Jun 20269.00×26.1×
5 Jun 20269.00×26.1×
9 Jun 20268.20×26.1×
10 Jun 20268.00×26.1×
12 Jun 20267.70×26.1×
17 Jun 202611.1×26.1×
19 Jun 202610.4×26.1×
24 Jun 20269.60×26.1×
25 Jun 20269.40×26.1×
1 Jul 20269.80×26.1×
3 Jul 20269.60×26.1×
10 Jul 20269.00×26.1×
17 Jul 20268.50×26.1×
24 Jul 20268.10×26.1×
31 Jul 20268.30×26.1×
7 Aug 20267.80×26.1×
14 Aug 20267.50×26.1×
21 Aug 20267.30×26.1×
28 Aug 20266.70×26.1×
4 Sep 20266.20×26.1×
11 Sep 20265.50×26.1×
18 Sep 20265.20×26.1×
25 Sep 20266.30×26.1×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹15
Earnings per share, 12 months
WeekEarnings per share, 12 months
12 Nov 2023–
17 Nov 2023–
24 Nov 2023–
1 Dec 2023–
8 Dec 2023–
15 Dec 2023–
22 Dec 2023–
29 Dec 2023₹7
5 Jan 2024₹7
12 Jan 2024₹7
20 Jan 2024₹7
25 Jan 2024₹7
2 Feb 2024₹7
9 Feb 2024₹7
16 Feb 2024₹7
23 Feb 2024₹7
2 Mar 2024₹7
7 Mar 2024₹7
15 Mar 2024₹7
22 Mar 2024₹7
28 Mar 2024₹7
5 Apr 2024₹7
12 Apr 2024₹7
19 Apr 2024₹7
26 Apr 2024₹7
3 May 2024₹7
10 May 2024₹7
18 May 2024₹7
24 May 2024₹7
31 May 2024₹7
7 Jun 2024₹7
14 Jun 2024₹7
21 Jun 2024₹7
28 Jun 2024₹6
5 Jul 2024₹6
12 Jul 2024₹6
19 Jul 2024₹6
26 Jul 2024₹6
2 Aug 2024₹6
9 Aug 2024₹6
16 Aug 2024₹6
23 Aug 2024₹6
30 Aug 2024₹6
6 Sep 2024₹6
13 Sep 2024₹6
20 Sep 2024₹6
27 Sep 2024₹5
4 Oct 2024₹5
11 Oct 2024₹5
18 Oct 2024₹5
25 Oct 2024₹5
1 Nov 2024₹5
8 Nov 2024₹5
14 Nov 2024₹5
22 Nov 2024₹5
29 Nov 2024₹5
6 Dec 2024₹5
13 Dec 2024₹5
20 Dec 2024₹5
27 Dec 2024₹8
3 Jan 2025₹8
10 Jan 2025₹8
17 Jan 2025₹8
24 Jan 2025₹8
1 Feb 2025₹8
7 Feb 2025₹8
14 Feb 2025₹8
21 Feb 2025₹8
28 Feb 2025₹8
7 Mar 2025₹8
13 Mar 2025₹8
21 Mar 2025₹8
28 Mar 2025₹8
4 Apr 2025₹8
11 Apr 2025₹8
17 Apr 2025₹8
25 Apr 2025₹8
2 May 2025₹8
9 May 2025₹8
16 May 2025₹8
23 May 2025₹8
26 Sep 2025₹10
3 Oct 2025₹10
10 Oct 2025₹10
17 Oct 2025₹10
24 Oct 2025₹10
31 Oct 2025₹10
7 Nov 2025₹10
14 Nov 2025₹10
21 Nov 2025₹10
28 Nov 2025₹10
5 Dec 2025₹10
12 Dec 2025₹10
19 Dec 2025₹10
26 Dec 2025₹10
2 Jan 2026₹10
9 Jan 2026₹10
16 Jan 2026₹10
23 Jan 2026₹10
1 Feb 2026₹10
6 Feb 2026₹10
9 Feb 2026₹10
12 Feb 2026₹10
13 Feb 2026₹10
20 Feb 2026₹10
27 Feb 2026₹10
6 Mar 2026₹10
13 Mar 2026₹10
20 Mar 2026₹10
27 Mar 2026₹10
2 Apr 2026₹10
10 Apr 2026₹10
17 Apr 2026₹10
24 Apr 2026₹10
29 Apr 2026₹10
30 Apr 2026₹10
8 May 2026₹10
15 May 2026₹10
22 May 2026₹10
29 May 2026₹10
4 Jun 2026₹10
5 Jun 2026₹10
9 Jun 2026₹10
10 Jun 2026₹10
12 Jun 2026₹10
17 Jun 2026₹10
19 Jun 2026₹10
24 Jun 2026₹10
25 Jun 2026₹15
1 Jul 2026₹15
3 Jul 2026₹15
10 Jul 2026₹15
17 Jul 2026₹15
24 Jul 2026₹15
31 Jul 2026₹15
7 Aug 2026₹15
14 Aug 2026₹15
21 Aug 2026₹15
28 Aug 2026₹15
4 Sep 2026₹15
11 Sep 2026₹15
18 Sep 2026₹15
25 Sep 2026₹15
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 2.9 years of history; short peaks above 71× are drawn at the top edge.
5.4×P/E · lower than 99% of its last 2.9 years
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Why the multiple is where it is: over the past year earnings per share moved +45.6% while the price moved −54.5%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 3 years the price moved −1.9% a year; about +31.1% a year came from earnings growth and about −33.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Sar Televenture business getting better or worse?

Sar Televenture Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 6 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +49.1% in FY26, profit +53.2%

  • Revenue growth 49.1%
Growth year by year: revenue +49.1% in FY26, profit +53.2%
QuarterRevenue growth
FY20–
FY214,900%
FY22400%
FY23540%
FY24287.5%
FY25182.3%
FY2649.1%

Profit growth, EPS growth

  • Profit growth 53.2%
  • EPS growth 45.6%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY20––
FY21––
FY22––
FY23–61.5%
FY24300%−19.2%
FY25193.8%90.8%
FY2653.2%45.6%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn. Turnaround-year jumps are drawn at the edge (▲).

Three growth lines over twelve quarters

  • Revenue 35.3%
Three growth lines over twelve quarters
QuarterRevenue
Sep 2022–
Mar 2023–
Sep 2023300%
Mar 2024238.5%
Sep 2024225%
Mar 2025135.2%
Sep 2025106.8%
Mar 202635.3%

Profit, EPS

  • Profit 24.1%
  • EPS −45.3%
Profit, EPS
QuarterProfitEPS
Sep 2022––
Mar 2023––
Sep 2023––
Mar 2024300%–
Sep 2024300%–
Mar 2025141.7%–
Sep 2025125%–
Mar 202624.1%−45.3%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 20.9%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2022–
Mar 2023–
Sep 2023–
Mar 20248%
Sep 20246.6%
Mar 202514.5%
Sep 202521%
Mar 202620.9%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingROCE · latest 20.9%, range 6.6% to 21.0%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+49.1%+153.6%+249.6%—
Profit+53.2%+316.0%——
EPS+45.6%+30.9%——
Share price−54.5%−1.9%——
+35.3%Revenue growth (Mar 2026) · latest quarter against a year ago
+24.1%Profit growth (Mar 2026) · latest quarter against a year ago
444.6%Revenue, 6 years · yearly growth over the long run

How much does Sar Televenture earn on its capital?

Sar Televenture Ltd earned a ROCE of 9% in FY26. That is up from a low of 1% in FY21. Its return on capital used (ROIC) is 5.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 13.8% net margin and 0.47× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 13.8% net margin × 0.47× asset turnover × 1.16× leverage (assets divided by equity) ≈ 7.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 7.0% − 12.0% = −5.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

FY26: ROCE 9%, the climb back from FY21's 1%

  • ROCE 9%
  • ROIC (annual) 7.5%
  • Cost of capital 12%
FY26: ROCE 9%, the climb back from FY21's 1%
QuarterROCEROIC (annual)Cost of capital
FY211.46%–12%
FY2211%11.4%12%
FY2348%47.4%12%
FY2412%12.2%12%
FY259%7.6%12%
FY269%7.5%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 6-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

H2 FY26: ROCE 7.7% (last 12 months)

  • ROCE (12 months) 7.7%
H2 FY26: ROCE 7.7% (last 12 months)
QuarterROCE (12 months)
H2 FY2323.4%
H1 FY2420.4%
H2 FY246.5%
H1 FY255%
H2 FY255.7%
H1 FY268.1%
H2 FY267.7%
ROCE over the last 12 months, each quarter, %. Last 7 quarters, lined up with the yearly figure.

Does Sar Televenture have too much debt?

Sar Televenture Ltd has total debt of ₹2.0 Cr against shareholder equity of ₹976 Cr as of Mar 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.33 in FY23 to 0.00 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt ₹2.0 Cr, 0.00× equity

  • Total debt ₹2.0
FY26: debt ₹2.0 Cr, 0.00× equity
QuarterTotal debt
FY23₹4
FY24₹178
FY25₹8
FY26₹2

Debt-to-equity

  • Debt-to-equity 0.00×
Debt-to-equity
QuarterDebt-to-equity
FY230.33×
FY242.47×
FY250.01×
FY260.00×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 4-year window.

Mar 2026: debt ₹2.0 Cr, debt-to-equity 0.00

  • Total debt (quarterly) ₹2.0
Mar 2026: debt ₹2.0 Cr, debt-to-equity 0.00
QuarterTotal debt (quarterly)
Mar 2023₹4
Sep 2023₹8
Mar 2024₹178
Sep 2024₹9
Mar 2025₹8
Sep 2025₹3
Mar 2026₹2

Debt-to-equity

  • Debt-to-equity 0.00×
Debt-to-equity
QuarterDebt-to-equity
Mar 20230.33×
Sep 20230.22×
Mar 20242.47×
Sep 20240.02×
Mar 20250.01×
Sep 20250.00×
Mar 20260.00×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 7 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Sar Televenture shareholding pattern?

Promoters cut their stake in Sar Televenture Ltd by 21.0 percentage points over 6 quarters, the biggest change among its owners. Promoters now own 45.3% of the company. Domestic institutions moved +3.2 points over the same period, to 6.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −21.0 points over 6 quarters, to 45.3%; Domestic institutions: +3.2 points over 6 quarters, to 6.5%; Foreign institutions: +2.9 points over 6 quarters, to 2.9%.

Why the owners changed: promoters drove it (−21.0 points), with the other side taken by domestic institutions (+3.2 points). They reduced their stake.

Year ends: promoters −21.0 points from Mar 2024 to Mar 2026

  • Promoters 45.3%
  • Foreign inst. 2.85%
  • Domestic inst. 6.45%
  • Public 45.4%
Year ends: promoters −21.0 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202466.26%0%3.29%30.44%
Mar 202545.07%2.96%7.03%44.93%
Mar 202645.3%2.85%6.45%45.4%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Promoters cut their stake by 21.0 points over 6 quarters

  • Promoters 45.3%
  • Foreign inst. 2.85%
  • Domestic inst. 6.45%
  • Public 45.4%
Promoters cut their stake by 21.0 points over 6 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202466.26%0%3.29%30.44%
Sep 202457.17%5.86%3.23%33.74%
Nov 202445.07%3.92%2.66%48.34%
Mar 202545.07%2.96%7.03%44.93%
Sep 202545.07%3.81%6.95%44.16%
Jan 202645.3%1.74%6.45%46.51%
Mar 202645.3%2.85%6.45%45.4%
Shareholding by owner group, % of the company, each quarter, last 7 quarters.

How far is Sar Televenture from balance-sheet trouble?

For Sar Televenture Ltd, the Z-score is 5.36. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 5.36 is well clear of the danger zone, so the balance sheet is not the risk here.

How does Sar Televenture rank in its industry?

58.8 out of 100, rank 15 of 16 in Telecom Services, with 39% of the evidence available. It is provisional, so it is ranked below companies with full evidence.

Sar Televenture Ltd scores 58.8 out of 100 against the 16 companies it is compared with in Telecom Services, ranking 15. Some evidence is missing, so the score is pulled toward the middle on purpose.

The three scored parts add up to the total exactly: 25 + 15.7 + 18.1 = 58.8 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Sar Televenture compared with?

Sar Televenture ranks 15 of 16 Telecom Services companies on the 4-Factor Sector Score, with 58.8 out of 100.

  1. 1Bharti Airtel LtdBHARTIARTL · turning · Most evidence points up · 93% evidence74.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.7/35 · Revenue 17.6% · Profit -13.9% · Operating margin change 0 points · 100% evidenceCapital efficiency 21.4/25 · ROCE 17.6% · Operating margin 57% · 100% evidenceValuation 15.3/20 · P/E 38.4× · PEG 0.69 · 65% evidenceRelative strength 18.0/20 · Lead over its industry 8.8% · Lead over NIFTY 500 7.5% · 1 year -3.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 19.7 + 21.4 + 15.3 + 18 = 74.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2HFCL LtdHFCL · leader · Most evidence points up · 75% evidence69.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 30.0/35 · Revenue 100% · Profit 100% · Operating margin change 7 points · 95% evidenceCapital efficiency 12.8/25 · ROCE 10.8% · Operating margin 25% · 76% evidenceValuation 9.8/20 · P/E 40.8× · PEG — · 15% evidenceRelative strength 16.9/20 · Lead over its industry 78% · Lead over NIFTY 500 70.2% · 1 year 214.7% · 100% evidence · 10 of 12 weeks aheadExact sum: 30 + 12.8 + 9.8 + 16.9 = 69.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Bharti Hexacom LtdBHARTIHEXA · breaking out · Most evidence points up · 74% evidence69.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.3/35 · Revenue 7.9% · Profit 32.8% · Operating margin change 2 points · 88% evidenceCapital efficiency 21.2/25 · ROCE 21.4% · Operating margin 53% · 100% evidenceValuation 12.0/20 · P/E 45.8× · PEG 1.18 · 65% evidenceRelative strength 12.0/20 · Lead over its industry — · Lead over NIFTY 500 7.5% · 1 year -12.1% · 25% evidence · 5 of 12 weeks aheadExact sum: 24.3 + 21.2 + 12 + 12 = 69.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  4. 4ADC India Communications LtdKRONECOMM · breaking out · Evidence leans up · 78% evidence59.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.2/35 · Revenue 19% · Profit 0.3% · Operating margin change 4 points · 83% evidenceCapital efficiency 18.1/25 · ROCE 31.4% · Operating margin 17.1% · 76% evidenceValuation 6.5/20 · P/E 45.8× · PEG — · 50% evidenceRelative strength 17.4/20 · Lead over its industry 28.7% · Lead over NIFTY 500 24.8% · 1 year 41.9% · 100% evidence · 2 of 12 weeks aheadExact sum: 17.2 + 18.1 + 6.5 + 17.4 = 59.2 · What this means: Relative strength against the index is 24.8%, and revenue and profit growth are weak.
  5. 5Indus Towers LtdINDUSTOWER · turning · Evidence leans up · 100% evidence56.1out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 8.6/35 · Revenue 5.3% · Profit -24% · Operating margin change -2 points · 100% evidenceCapital efficiency 20.1/25 · ROCE 19.5% · Operating margin 54% · 100% evidenceValuation 16.8/20 · P/E 14× · PEG 0.46 · 100% evidenceRelative strength 10.6/20 · Lead over its industry -2.5% · Lead over NIFTY 500 -3.5% · 1 year 4% · 100% evidence · 0 of 12 weeks aheadExact sum: 8.6 + 20.1 + 16.8 + 10.6 = 56.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.
  6. 6Tata Communications LtdTATACOMM · turning · Evidence leans up · 93% evidence55.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.9/35 · Revenue 9.1% · Profit -34% · Operating margin change 2 points · 100% evidenceCapital efficiency 17.0/25 · ROCE 14.6% · Operating margin 21% · 100% evidenceValuation 7.7/20 · P/E 39.4× · PEG 2.22 · 65% evidenceRelative strength 15.1/20 · Lead over its industry 4.3% · Lead over NIFTY 500 2.4% · 1 year -10.7% · 100% evidence · 0 of 12 weeks aheadExact sum: 15.9 + 17 + 7.7 + 15.1 = 55.7 · What this means: Relative strength against the index is 2.4%, and revenue and profit growth are weak.
  7. 7Tata Teleservices (Maharashtra) LtdTTML · basing · Evidence leans up · 74% evidence50.5out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.0/35 · Revenue -0.7% · Profit 100% · Operating margin change 4 points · 74% evidenceCapital efficiency 17.9/25 · ROCE 55.6% · Operating margin 53% · 100% evidenceValuation 8.7/20 · P/E 183.8× · PEG — · 15% evidenceRelative strength 6.9/20 · Lead over its industry -13.6% · Lead over NIFTY 500 -14.6% · 1 year -37.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 17 + 17.9 + 8.7 + 6.9 = 50.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Suyog Telematics LtdSUYOG · quiet · Evidence leans down · 78% evidence48.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.0/35 · Revenue 11.4% · Profit 50% · Operating margin change -1 points · 83% evidenceCapital efficiency 16.2/25 · ROCE 14.4% · Operating margin 60% · 76% evidenceValuation 12.6/20 · P/E 8.7× · PEG — · 50% evidenceRelative strength 0.0/20 · Lead over its industry -33.1% · Lead over NIFTY 500 -34.4% · 1 year -42.9% · 100% evidence · 0 of 12 weeks aheadExact sum: 20 + 16.2 + 12.6 + 0 = 48.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Vodafone Idea LtdIDEA · quiet · Evidence leans down · 71% evidence47.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.7/35 · Revenue 3.3% · Profit 100% · Operating margin change 1 points · 65% evidenceCapital efficiency 6.1/25 · ROCE -1.7% · Operating margin 43% · 100% evidenceValuation 11.3/20 · P/E 3.7× · PEG — · 15% evidenceRelative strength 11.3/20 · Lead over its industry 5.8% · Lead over NIFTY 500 3.3% · 1 year 35.5% · 100% evidence · 2 of 12 weeks aheadExact sum: 18.7 + 6.1 + 11.3 + 11.3 = 47.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10NELCO LtdNELCO · quiet · Evidence leans down · 68% evidence39.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 13.5/35 · Revenue 6.2% · Profit -7.5% · Operating margin change 1.5 points · 100% evidenceCapital efficiency 8.7/25 · ROCE 7.2% · Operating margin 11.6% · 100% evidenceValuation 8.5/20 · P/E 254× · PEG — · 15% evidenceRelative strength 9.1/20 · Lead over its industry — · Lead over NIFTY 500 -8% · 1 year -22.5% · 25% evidence · 7 of 12 weeks aheadExact sum: 13.5 + 8.7 + 8.5 + 9.1 = 39.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11GTL Infrastructure LtdGTLINFRA · basing · Too little evidence to rank firmly · 56% evidence39.3out of 100GrowthCapitalValuationRelative
  12. 12ITI LtdITI · quiet · Most evidence points down · 71% evidence34.2out of 100GrowthCapitalValuationRelative
  13. 13Tejas Networks LtdTEJASNET · basing · Most evidence points down · 71% evidence28.6out of 100GrowthCapitalValuationRelative
  14. 14OnMobile Global LtdONMOBILE · basing · Most evidence points down · 65% evidence25.3out of 100GrowthCapitalValuationRelative
  15. 15Sar Televenture Ltd this pageSARTELE · Too little evidence to rank firmly · 39% evidence58.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 25.0/43.75 · Revenue 100% · Profit 100% · Operating margin change 1 points · 28% evidenceCapital efficiency 15.7/31.25 · ROCE 8.8% · Operating margin 17% · 75% evidenceValuation 18.1/25 · P/E 6.4× · PEG — · 50% evidenceRelative strength: no reading this week · its 20 points are shared across the other threeExact sum: 25 + 15.7 + 18.1 = 58.8 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  16. 16Mahanagar Telephone Nigam LtdMTNL · basing · Too little evidence to rank firmly · 46% evidence37.9out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Telecom Services, all 16 compared on one page.

Which companies are close to Sar Televenture in size?

Sar Televenture is the 16th largest of 16 Telecom Services companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: NELCO, Mahanagar Telephone Nigam, GTL Infrastructure, ADC India Communications, Suyog Telematics and OnMobile Global. It is the smallest.

Telecom Services companies close in size

  1. NELCO Ltd ₹1,543 crore
  2. Mahanagar Telephone Nigam Ltd ₹1,400 crore
  3. GTL Infrastructure Ltd ₹1,268 crore
  4. ADC India Communications Ltd ₹1,118 crore
  5. Suyog Telematics Ltd ₹516 crore
  6. OnMobile Global Ltd ₹504 crore
  7. Sar Televenture Ltd ₹460 crore

All 16 Telecom Services companies, largest first

Companies close in size in other industries

  1. Kavveri Defence & Wireless Technologies Ltd ₹463 crore
  2. Ugar Sugar Works Ltd ₹463 crore · Sugar
  3. Sar Televenture Ltd ₹460 crore
  4. Mirza International Ltd ₹459 crore · Footwear
  5. Shree Rama Newsprint Ltd ₹459 crore · Miscellaneous

What else do people ask about Sar Televenture?

What is Sar Televenture's share price today?

Sar Televenture Ltd's share price is ₹77.35, −54.5% over the past year. The whole company is worth ₹388 Cr on the market.

In the last 52 weeks it traded between ₹75 to ₹251; today it is 1% of the way up from the low, 47.1% below its 200-day average (as of 4 November 2026).

What were Sar Televenture's latest quarterly results?

Sar Televenture Ltd reported revenue of ₹280 Cr and net profit of ₹36.0 Cr for the Mar 2026 quarter. Revenue rose 35.3% and profit rose 24.1% compared with a year earlier. Earnings per share were ₹7.22.

The operating margin was 17.0%, 1.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Sar Televenture's market cap?

Sar Televenture Ltd's market capitalisation is ₹388 Cr at a share price of ₹77.35. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Sar Televenture performing?

Sar Televenture Ltd's share price has been falling for 29 weeks. In its latest quarter, revenue rose 35.3% and profit rose 24.1% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 42 weeks running (as of 4 November 2026).

Will Sar Televenture's share price go up?

This page does not forecast Sar Televenture Ltd's share price. What it shows instead: the share price is ₹77.35, and it has been falling for 29 weeks. Its P/E of 5.4× is higher than 1% of its own last 3 years (as of 4 November 2026).

Does Sar Televenture have too much debt?

No, Sar Televenture Ltd has little debt: its debt is 0.00× its equity. FY26 borrowings were ₹2.0 Cr against equity of ₹954 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026).

Where is Sar Televenture in its business cycle?

Sar Televenture Ltd's FY26 operating margin was 18.0%, against a 7-year range of −600.0% to 18.0%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 17.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Sar Televenture story?

The main question: profits are rising, but only −201% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Sar Televenture a stock worth studying right now?

What the numbers show: Sar Televenture Ltd's earnings have grown faster than its share price. Earnings per share grew +45.6% in a year while the price moved −54.5%. The main open question: whether the cash starts to follow the profit.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.