NSE ScannerElectrical Equipment & Cables · Electrical Products · NSE: SALZERELEC · data 2026-10-31
Salzer Electronics Limited
In plain words
Price: 43.1% below its 52-week high of ₹820.
Delivery: 45.9% of traded shares were kept for delivery over the last 10 sessions, against 51.1% over the last 60.
Latest results: a net profit of ₹8 cr for the quarter ended Jun 2026 (-53.5% on the same quarter a year earlier).
A description of the data, not a recommendation.
Key figures
Growth
| Revenue (last 12 months) | ₹1,815 cr |
| Net profit (last 12 months) | ₹44 cr |
| Sales growth, 3 years (yearly) | 19.1% |
| Profit growth, 3 years (yearly) | 11.0% |
At a glance
Promoters 37.5% (unchanged in a year), pledged 17.2%, institutions 5.9%.
P/E 18.9, dividend yield 0.5%. Price relative to earnings and book value (low is cheaper, not better).
ROE 9.3%, ROCE 19.6%, operating margin 6.0%: how much profit it earns on the money it uses.
Debt/equity 0.90, Profit growth 11.0% and sales growth 19.1% a year over 3 years.
Ratings use fixed thresholds on the latest reported figures. They describe the numbers and are not a recommendation.
Strengths and limitations
None flagged by these rules.
- Promoters have pledged 17.2% of their shares.
Picked automatically from the latest reported figures with fixed rules; check the company's filings before relying on them.
Latest results in brief (Q1 FY27)
SALZERELEC Q1 FY27 results (consolidated figures, as filed on NSE).
Revenue was ₹498.02 crore, up 12.9% YoY and up 5% QoQ.
Net profit was ₹8.04 crore, down 53.5% YoY and down 21.7% QoQ.
Operating margin was 6.3% (9.5% a year ago).
EPS was ₹4.55, down 53.3% YoY and down 21.7% QoQ.
SALZERELEC के Q1 FY27 नतीजे (कंसोलिडेटेड आंकड़े, NSE पर दाखिल)।
राजस्व: ₹498.02 करोड़; पिछले साल की तुलना में 12.9% की बढ़त, पिछली तिमाही की तुलना में 5% की बढ़त।
शुद्ध मुनाफ़ा: ₹8.04 करोड़; पिछले साल की तुलना में 53.5% की गिरावट, पिछली तिमाही की तुलना में 21.7% की गिरावट।
ऑपरेटिंग मार्जिन: 6.3% (एक साल पहले 9.5%)।
EPS: ₹4.55; पिछले साल की तुलना में 53.3% की गिरावट, पिछली तिमाही की तुलना में 21.7% की गिरावट।
SALZERELECના Q1 FY27 પરિણામો (કન્સોલિડેટેડ આંકડા, NSE પર ફાઇલ કરેલા).
આવક (રેવન્યુ): ₹498.02 કરોડ; ગયા વર્ષની સરખામણીએ 12.9% વધારો, ગયા ક્વાર્ટરની સરખામણીએ 5% વધારો.
ચોખ્ખો નફો: ₹8.04 કરોડ; ગયા વર્ષની સરખામણીએ 53.5% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 21.7% ઘટાડો.
ઓપરેટિંગ માર્જિન: 6.3% (એક વર્ષ પહેલાં 9.5%).
EPS: ₹4.55; ગયા વર્ષની સરખામણીએ 53.3% ઘટાડો, ગયા ક્વાર્ટરની સરખામણીએ 21.7% ઘટાડો.
Written from the filed numbers. Not a recommendation.
Earnings call in brief (13 Aug 2026)
- Management said revenues increased by 13% year-on-year growth to INR498 crores from INR441 crores in the previous corresponding period, driven by higher demand for industrial switchgear, wires and cables, and Building Products division business.
- Management said the contribution from exports was approximately 18.6%, and the export share of revenue was nearly 19% in Q1 FY27, with a medium-term target to increase it back to 25%.
- Management said EBITDA excluding other income was INR31 crores in Q1 2027 with a 6% margin, while profit after tax was INR8 crores with a 2% margin, primarily impacted by a sharp increase in key raw material costs like copper, silver, and aluminium and a lag in full pass-through.
- Management said they made an additional investment of INR13 lakhs in Salzer EV Infra Private Limited taking total investment to INR93 lakhs, and an additional INR1.68 crores in Effilume Private Limited taking total investment to INR4.2 crores and equity stake to 47%.
- Management said the full year EBITDA target is toned down to around 8% to 8.5% due to continuing margin pressure in Q2, while expecting normalization from Q3 and Q4 onwards subject to stable raw material prices.
- प्रबंधन ने कहा कि पिछले वर्ष की समान अवधि के 441 करोड़ रुपये से राजस्व 13% बढ़कर 498 करोड़ रुपये हो गया, जिसका मुख्य कारण औद्योगिक स्विचगियर, तार और केबल, और बिल्डिंग प्रोडक्ट्स डिवीजन के व्यवसाय की उच्च मांग था।
- प्रबंधन ने कहा कि Q1 FY27 में निर्यात का योगदान लगभग 18.6% था और राजस्व में निर्यात की हिस्सेदारी लगभग 19% थी, जिसे मध्यम अवधि में वापस 25% तक बढ़ाने का लक्ष्य है।
- प्रबंधन ने कहा कि Q1 2027 में अन्य आय को छोड़कर EBITDA 31 करोड़ रुपये (6% मार्जिन के साथ) था, जबकि कर पश्चात लाभ (PAT) 8 करोड़ रुपये (2% मार्जिन के साथ) था, जो मुख्य रूप से तांबा, चांदी और एल्यूमीनियम जैसी प्रमुख कच्चा माल लागत में तेज वृद्धि और लागत को ग्राहकों तक पूरी तरह से स्थानांतरित करने में देरी के कारण प्रभावित हुआ।
- प्रबंधन ने कहा कि उन्होंने Salzer EV Infra Private Limited में 13 लाख रुपये का अतिरिक्त निवेश किया जिससे कुल निवेश 93 लाख रुपये हो गया, और Effilume Private Limited में 1.68 करोड़ रुपये का अतिरिक्त निवेश किया जिससे कुल निवेश 4.2 करोड़ रुपये और इक्विटी हिस्सेदारी 47% हो गई।
- प्रबंधन ने कहा कि Q2 में जारी मार्जिन दबाव के कारण पूरे वर्ष के EBITDA लक्ष्य को घटाकर लगभग 8% से 8.5% कर दिया गया है, जबकि कच्चे माल की कीमतें स्थिर रहने पर Q3 और Q4 से सामान्यीकरण की उम्मीद है।
- મેનેજમેન્ટે જણાવ્યું કે ઔદ્યોગિક શિવગિયર, વાયર્સ અને કેબલ્સ તથા બિલ્ડિંગ પ્રોડક્ટ્સ ડિવિઝનની ઊંચી માંગને કારણે અગાઉના સમાન સમયગાળાના 441 કરોડ રૂપિયાથી આવક 13% વધીને 498 કરોડ રૂપિયા થઈ છે.
- મેનેજમેન્ટે જણાવ્યું કે Q1 FY27 માં નિકાસનું યોગદાન લગભગ 18.6% હતું અને આવકમાં નિકાસનો હિસ્સો લગભગ 19% હતો, જેને મધ્યમ ગાળામાં પાછો 25% સુધી લઈ જવાનું લક્ષ્ય છે.
- મેનેજમેન્ટે જણાવ્યું કે Q1 2027 માં અન્ય આવક સિવાયનો EBITDA 31 કરોડ રૂપિયા (6% માર્જિન સાથે) હતો, જ્યારે કર પછીનો નફો (PAT) 8 કરોડ રૂપિયા (2% માર્જિન સાથે) હતો, જે મુખ્યત્વે તાંબા, ચાંદી અને એલ્યુમિનિયમ જેવા મુખ્ય કાચા માલના ખર્ચમાં તીવ્ર વધારો અને ગ્રાહકો સુધી ખર્ચ સંપૂર્ણપણે પાસ-થ્રુ કરવામાં વિલંબને કારણે પ્રભાવિત થયો હતો.
- મેનેજમેન્ટે જણાવ્યું કે તેમણે Salzer EV Infra Private Limited માં 13 લાખ રૂપિયાનું વધારાનું રોકાણ કરીને કુલ રોકાણ 93 લાખ રૂપિયા કર્યું છે, અને Effilume Private Limited માં 1.68 કરોડ રૂપિયાનું વધારાનું રોકાણ કરીને કુલ રોકાણ 4.2 કરોડ રૂપિયા અને ઇક્વિટી હિસ્સો 47% કર્યો છે.
- મેનેજમેન્ટે જણાવ્યું કે Q2 માં સતત માર્જિન દબાણને કારણે આખા વર્ષના EBITDA લક્ષ્યને ઘટાડીને આશરે 8% થી 8.5% કરવામાં આવ્યું છે, જ્યારે કાચા માલના ભાવ સ્થિર રહે તો Q3 અને Q4 થી માર્જિન સામાન્ય થવાની અપેક્ષા છે.
What management said on the call, summarised by AI from the official transcript and checked against it. Read the transcript. Not a recommendation.
Smart-money activity
5/100 · Weak over the last ~60 sessions, data 2026-10-30
- Delivery vs usual 0/30: Delivery 48.2% over the last 20 sessions vs 48.9% in the 40 before (0.99x); shares delivered per day 0.67x usual; 0 delivery-spike days (3x usual shares delivered, 40%+ delivery) in the last 20 sessions.
- Bulk/block deals 0/20: No bulk or block deals in the last 90 days.
- Insider / SAST buys 0/15: No insider buy or SAST acquisition filings in the last 90 days. Insider sells are not collected by the site, so only buy filings count.
- Mutual fund holding 0/15: No mutual fund scheme lists this stock. Latest monthly portfolios only (top 60 holdings per scheme); month-on-month change is not stored.
- Accumulation evidence 0/15: No accumulation evidence row (only saved-scan stocks have one; 0 points).
- Promoter pledges 5/5: No promoter pledge filings in 90 days.
A description of recorded activity (delivery, deals, insider buys, fund holding, pledges), not a recommendation. Today's most active stocks.
Story so far
● Dividend ● Results
- 28 Aug 26Dividend Dividend ₹2.5 (ex-date) -0.2% next session
- 8 Aug 26Results Q1 FY27 results: profit −53.5% YoY -6.2% next session
- 24 May 26Results Q4 FY26 results: profit +0.8% YoY -7.7% next session
- 11 Feb 26Results Q3 FY26 results: profit −18.7% YoY -0.4% next session
- 1 Nov 25Results Q2 FY26 results: profit −51.5% YoY -7.7% next session
- 29 Aug 25Dividend Dividend ₹2.5 (ex-date) +0.1% next session
- 8 Aug 25Results Q1 FY26 results: profit +20.4% YoY +4.4% next session
- 28 May 25Results Q4 FY25 results: profit −21.0% YoY -5.9% next session
- 17 Mar 25Results Q3 FY25 results: profit +15.5% YoY +8.3% next session
- 11 Nov 24Results Q2 FY25 results: profit +172.6% YoY +0.4% next session
From official exchange filings and NSE data. How the price moved after an event describes the past, not what comes next.
Quarterly results (consolidated)
| Quarter | Revenue | Net profit | Profit YoY | Op. margin | EPS ₹ |
|---|---|---|---|---|---|
| Jun 2026 | ₹498 cr | ₹8 cr | -53.5% | 6.3% | 4.55 |
| Mar 2026 | ₹474 cr | ₹10 cr | +0.8% | 6.6% | 5.81 |
| Dec 2025 | ₹424 cr | ₹12 cr | -18.7% | 8.8% | 7.01 |
| Sept 2025 | ₹419 cr | ₹13 cr | -51.5% | 8.7% | 7.35 |
Shareholding trend
| Holder | Sept 2026 | Jun 2026 | Mar 2026 | Dec 2025 |
|---|---|---|---|---|
| Promoters | 37.48% | 37.48% | 37.48% | 37.48% |
| Foreign institutions (FII) | 5.92% | 4.51% | 4.45% | 2.56% |
| Domestic institutions (DII) | — | 0.10% | 0.01% | 0.02% |
| Mutual funds | — | 0.01% | 0.01% | 0.02% |
| Retail investors | 37.10% | 37.25% | 37.13% | 39.38% |
| Number of shareholders | 47,612 | 48,818 | 48,817 | 51,709 |
Common questions
What was Salzer Electronics Limited's latest quarterly profit?
Salzer Electronics Limited reported a net profit of ₹8 cr for the quarter ended Jun 2026 (-53.5% on the same quarter a year earlier), on revenue of ₹498 cr.
How much do promoters hold in Salzer Electronics Limited?
Promoters held 37.48% of Salzer Electronics Limited at the end of Sept 2026, with 17.20% of promoter shares pledged.
Is Salzer Electronics Limited debt-free?
Its latest reported debt-to-equity ratio is 0.9.
What is Salzer Electronics Limited's P/E ratio?
About 18.9, based on the last 12 months' earnings and a price of ₹466.25 (data 2026-10-31).
What is the 52-week high and low of Salzer Electronics Limited?
The 52-week high is ₹820 and the 52-week low is ₹459.8.
Compared with similar companies
| Company | Price | Market cap | P/E | P/B | ROE | ROCE | Debt/eq. | 1-yr return |
|---|---|---|---|---|---|---|---|---|
| Salzer Electronics Limited | ₹466.25 | ₹825 cr | 18.9 | — | 9.3% | 19.6% | 0.9 | -47.6% |
| Birla Cable Limited | ₹315.75 | ₹948 cr | 20.5 | — | 6.3% | 10.1% | 0.47 | +87.7% |
| Swelect Energy Systems Limited | ₹584.1 | ₹885 cr | 21.2 | — | 6.2% | 8.3% | 0.86 | -27.9% |
| Prostarm Info Systems Limited | ₹124.86 | ₹730 cr | 20.7 | — | 16.9% | 22% | 0.32 | -29.4% |
| Saakshi Medtech and Panels Limited | ₹363 | ₹714 cr | 52.2 | 5.8 | 11.8% | 14.9% | 0.23 | +106.8% |
| Kirloskar Electric Co. Ltd. | ₹103.54 | ₹688 cr | 92.2 | — | 6.8% | 16.5% | 0.76 | -13.7% |
Compare SALZERELEC with BIRLACABLE in detail →
The full analysis has the price chart, every quarterly result with YoY/QoQ growth, the balance sheet and cash flow with an accounting red-flag check, shareholding quarter by quarter with big investors, news, filings and bulk/block deals.
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