NSE SME Stocks Demonstrate Resilience Amidst Weak Market Sentiment

SAR Televenture Share Price Rallies 3% Despite Weak Market Trend

The share price of SAR Televenture, a provider of integrated telecom infrastructure solutions, rallied over 3% on Friday, bucking the weak trend in the Indian stock market. The SME stock gained as much as 3.77% to ₹145.90 apiece on the National Stock Exchange (NSE).

The rise in SAR Televenture's share price came after the company announced its financial results for the year ended March 31, 2026. The company's financial performance showed significant growth, with key highlights including:

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SAR Televenture's net profit in the second half of the financial year 2026 (FY26) jumped 55% to ₹36.22 crore from ₹28.52 crore in the corresponding period of the previous financial year. The company's revenue from operations in the first half of FY26 grew 35% to ₹280.35 crore from ₹207.21 crore, year-on-year (YoY).

Operational performance improved as Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) during the period under review increased 35% to ₹50.74 crore from ₹37.48 crore, while EBITDA margin grew by 1 basis point to 18.10% from 18.09%, YoY.

During the full financial year 2025-2026, the company's net profit registered a growth of 55% YoY to ₹72.49 crore, while revenue from operations increased by 49% YoY to ₹522.11 crore. At the operational front, EBITDA in FY26 grew by 62% YoY to ₹99.75 crore, with EBITDA margin improving by 148 basis points to 19.10%.

The company's Managing Director, Pankaj Nagpal, attributed the growth to strong momentum in the 4G/5G telecom infrastructure business, rapid expansion in Fiber-to-the-Home (FTTH) home passes, and increased project execution across key markets.

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SAR Televenture's share price has fallen over 7% in one month and has declined more than 45% on a year-to-date (YTD) basis. The SME stock has plunged over 48% in one year. At 1:20 PM, SAR Televenture share price was trading 1.28% lower at ₹138.80 apiece on the NSE.