WEBSITE BSE:517059 NSE: SALZERELEC Inc. Year: 1985 Industry: Electric Equipment
Last updated: 15:59
Salzer Electronics Ltd is an totally India-based organization, that is engaged in the enterprise of computer-aided production of operated rotary switches, and wires and cables. The Company operates thru 4 segments: Industrial Switchgear, which incorporates transformers, terminal blocks, rotary switches, isolators, general purpose relays, wiring ducts, contactors, control panels, and overload relays; Copper Business, which includes wires and cables, flexible bus bars, enameled wires, bunched conductors and tinned wires; Building Segment, which i...Read More
Salzer Electronics Ltd is an totally India-based organization, that is engaged in the enterprise of computer-aided production of operated rotary switches, and wires and cables. The Company operates thru 4 segments: Industrial Switchgear, which incorporates transformers, terminal blocks, rotary switches, isolators, general purpose relays, wiring ducts, contactors, control panels, and overload relays; Copper Business, which includes wires and cables, flexible bus bars, enameled wires, bunched conductors and tinned wires; Building Segment, which includes merchandise, such as modular switches, wires and cables, and changeovers, and Energy Savers, which specializes in the producing and installation of energy saving merchandise, inclusive of street light controllers and energy saving panels. The Company operates a plant in Himachal Pradesh and about four plant in Coimbatore. The Company exports its products to over 45 nations, which includes the US, Europe and Gulf international locations. ...Read Less
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Market Cap ₹1178 Cr.
Stock P/E 22.4
P/B 2.1
Current Price ₹666.3
Book Value ₹ 322.7
Face Value 10
52W High ₹1167.5
Dividend Yield 0.38%
52W Low ₹ 527
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 289 | 281 | 270 | 327 | 357 | 344 | 341 | 376 | 441 | 419 |
| Other Income | 1 | 0 | 1 | 0 | 1 | -0 | 2 | 2 | 1 | 0 |
| Total Income | 289 | 281 | 271 | 327 | 358 | 344 | 343 | 378 | 442 | 419 |
| Total Expenditure | 263 | 254 | 239 | 293 | 323 | 309 | 305 | 347 | 399 | 382 |
| Operating Profit | 27 | 27 | 32 | 33 | 35 | 35 | 38 | 32 | 43 | 37 |
| Interest | 8 | 8 | 9 | 9 | 10 | 10 | 11 | 11 | 12 | 11 |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 7 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 14 | 14 | 18 | 19 | 19 | 19 | 21 | 15 | 24 | 19 |
| Provision for Tax | 4 | 4 | 5 | 6 | 5 | 8 | 6 | 4 | 7 | 5 |
| Profit After Tax | 10 | 10 | 13 | 13 | 15 | 12 | 16 | 11 | 17 | 14 |
| Adjustments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -1 | -0 | -1 |
| Profit After Adjustments | 10 | 10 | 13 | 13 | 14 | 11 | 15 | 10 | 17 | 13 |
| Adjusted Earnings Per Share | 6.1 | 5.9 | 7.6 | 7.4 | 8.1 | 6.3 | 8.6 | 5.8 | 9.8 | 7.4 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|
| Net Sales | 584 | 626 | 804 | 1037 | 1166 | 1418 | 1577 |
| Other Income | 1 | 2 | 3 | 2 | 3 | 5 | 5 |
| Total Income | 586 | 628 | 806 | 1039 | 1170 | 1424 | 1582 |
| Total Expenditure | 518 | 563 | 738 | 942 | 1051 | 1284 | 1433 |
| Operating Profit | 68 | 65 | 69 | 98 | 119 | 139 | 150 |
| Interest | 21 | 21 | 20 | 26 | 34 | 41 | 45 |
| Depreciation | 15 | 16 | 16 | 17 | 20 | 23 | 25 |
| Exceptional Income / Expenses | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 32 | 28 | 33 | 55 | 65 | 75 | 79 |
| Provision for Tax | 4 | 7 | 8 | 15 | 18 | 22 | 22 |
| Profit After Tax | 27 | 21 | 24 | 40 | 47 | 52 | 58 |
| Adjustments | -0 | -1 | -2 | -1 | -1 | -2 | -2 |
| Profit After Adjustments | 27 | 21 | 23 | 39 | 46 | 51 | 55 |
| Adjusted Earnings Per Share | 17 | 12.8 | 14.1 | 23.9 | 26.4 | 28.8 | 31.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 22% | 21% | 19% | 0% |
| Operating Profit CAGR | 17% | 26% | 15% | 0% |
| PAT CAGR | 11% | 29% | 14% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -35% | 31% | 41% | 12% |
| ROE Average | 10% | 11% | 9% | 10% |
| ROCE Average | 13% | 13% | 12% | 13% |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Shareholder's Funds | 310 | 332 | 354 | 408 | 473 | 544 |
| Minority's Interest | 4 | 4 | 4 | 6 | 7 | 9 |
| Borrowings | 18 | 16 | 12 | 8 | 13 | 22 |
| Other Non-Current Liabilities | 19 | 19 | 20 | 27 | 30 | 31 |
| Total Current Liabilities | 266 | 313 | 362 | 447 | 470 | 574 |
| Total Liabilities | 617 | 685 | 752 | 895 | 993 | 1180 |
| Fixed Assets | 217 | 220 | 224 | 245 | 269 | 309 |
| Other Non-Current Assets | 32 | 33 | 30 | 21 | 11 | 27 |
| Total Current Assets | 369 | 431 | 498 | 629 | 713 | 844 |
| Total Assets | 617 | 685 | 752 | 895 | 993 | 1180 |
| #(Fig in Cr.) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 17 | 12 | 14 | 12 | 7 | 3 |
| Cash Flow from Operating Activities | 32 | 14 | -12 | 23 | 21 | -11 |
| Cash Flow from Investing Activities | -49 | -16 | -16 | -35 | -42 | -79 |
| Cash Flow from Financing Activities | 12 | 4 | 26 | 18 | 17 | 91 |
| Net Cash Inflow / Outflow | -5 | 2 | -2 | 6 | -4 | 0 |
| Closing Cash & Cash Equivalent | 12 | 14 | 12 | 17 | 3 | 4 |
| # | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 16.96 | 12.84 | 14.14 | 23.92 | 26.39 | 28.75 |
| CEPS(Rs) | 26.38 | 23.39 | 25.36 | 34.74 | 38.65 | 42.93 |
| DPS(Rs) | 0 | 1.6 | 1.8 | 2.2 | 2.5 | 2.5 |
| Book NAV/Share(Rs) | 193.98 | 207.99 | 221.42 | 244.04 | 271.17 | 307.62 |
| Core EBITDA Margin(%) | 11.4 | 10.06 | 8.21 | 9.22 | 9.92 | 9.44 |
| EBIT Margin(%) | 9.09 | 7.89 | 6.52 | 7.81 | 8.47 | 8.17 |
| Pre Tax Margin(%) | 5.46 | 4.48 | 4.05 | 5.29 | 5.55 | 5.27 |
| PAT Margin (%) | 4.69 | 3.42 | 3.01 | 3.82 | 4.04 | 3.7 |
| Cash Profit Margin (%) | 7.22 | 5.98 | 5.05 | 5.42 | 5.76 | 5.35 |
| ROA(%) | 8.22 | 3.29 | 3.37 | 4.81 | 4.98 | 4.83 |
| ROE(%) | 16.3 | 6.66 | 7.05 | 10.58 | 10.87 | 10.34 |
| ROCE(%) | 19.93 | 9.63 | 9.17 | 12.55 | 13.48 | 13.28 |
| Receivable days | 50.16 | 99.32 | 92.4 | 88.97 | 98.65 | 96.33 |
| Inventory Days | 52.51 | 99.63 | 92.66 | 88.12 | 88.77 | 85.08 |
| Payable days | 24.77 | 45.32 | 41.22 | 43.57 | 45.75 | 44.77 |
| PER(x) | 3.59 | 9.51 | 13.01 | 10.59 | 31.76 | 37.41 |
| Price/Book(x) | 0.31 | 0.59 | 0.83 | 1.04 | 3.09 | 3.5 |
| Dividend Yield(%) | 0 | 1.31 | 0.98 | 0.87 | 0.3 | 0.23 |
| EV/Net Sales(x) | 0.45 | 0.62 | 0.67 | 0.65 | 1.5 | 1.63 |
| EV/Core EBITDA(x) | 3.88 | 5.91 | 7.78 | 6.86 | 14.74 | 16.6 |
| Net Sales Growth(%) | 1326.11 | 7.08 | 28.42 | 29.08 | 12.45 | 21.61 |
| EBIT Growth(%) | 1067.31 | -7.09 | 6.14 | 54.65 | 21.97 | 17.21 |
| PAT Growth(%) | 1080.57 | -22.01 | 13.22 | 63.68 | 18.8 | 11.52 |
| EPS Growth(%) | 265.43 | -24.33 | 10.12 | 69.2 | 10.34 | 8.95 |
| Debt/Equity(x) | 0.58 | 0.61 | 0.71 | 0.7 | 0.65 | 0.77 |
| Current Ratio(x) | 1.39 | 1.38 | 1.38 | 1.41 | 1.52 | 1.47 |
| Quick Ratio(x) | 0.78 | 0.8 | 0.75 | 0.79 | 0.89 | 0.83 |
| Interest Cover(x) | 2.5 | 2.31 | 2.64 | 3.1 | 2.9 | 2.82 |
| Total Debt/Mcap(x) | 1.83 | 1.05 | 0.86 | 0.68 | 0.21 | 0.22 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 35.13 | 37.21 | 37.32 | 37.53 | 37.53 | 37.54 | 37.54 | 37.54 | 37.47 | 37.48 |
| FII | 6.06 | 3.7 | 3.2 | 2.81 | 2.65 | 3.97 | 2.58 | 2.35 | 2.39 | 2.56 |
| DII | 0.14 | 0.14 | 0.12 | 0.11 | 0.11 | 0.39 | 0.1 | 0.01 | 0.02 | 0.02 |
| Public | 58.68 | 58.95 | 59.36 | 59.55 | 59.71 | 58.1 | 59.78 | 60.1 | 60.13 | 59.95 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.59 | 0.65 | 0.65 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 |
| FII | 0.1 | 0.06 | 0.06 | 0.05 | 0.05 | 0.07 | 0.05 | 0.04 | 0.04 | 0.05 |
| DII | 0 | 0 | 0 | 0 | 0 | 0.01 | 0 | 0 | 0 | 0 |
| Public | 0.98 | 1.02 | 1.03 | 1.05 | 1.06 | 1.03 | 1.06 | 1.06 | 1.06 | 1.06 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.67 | 1.74 | 1.74 | 1.77 | 1.77 | 1.77 | 1.77 | 1.77 | 1.77 | 1.77 |
* The pros and cons are machine generated.
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