Salzer Electronics Ltd.

About

Salzer Electronics Limited manufactures and supplies CAM operated rotary switches, selector switches, wiring ducts, voltmeter switches, copper wires and cables, and allied products in India and internationally. The company offers industrial components, including cable ducts, operated rotary switches, sensors, limit and foot switches, terminal connectors, load break and photo voltaic switches, changeover switches, and solar isolators; customized control panels, plugs, and sockets; and general purpose relays. It also offers motor control products comprising of contactors, motor protection circuit breakers (MPCB), and UL approved miniature circuit breakers; CT's and Rogowski coils, inductors, chokes and filters, and single phase toroidal and three phase dry type transformers; and EV chargers. In addition, the company provides miniature circuit breakers, automatic source changeover with current limiter, distribution boards, modular switches and specialty, wifi smart and remote switches, movement sensors, single phase motor starts, and house wires. Further, it offers copper products, including industrial wires and cables, flexible busbars and wire harness, enamelled copper wire, bunched copper conductors, tined copper wires, and LAN/CCTV cables; and energy savers and panels and street light controllers. Additionally, the company operates an online store for its products. The company also exports its products. Salzer Electronics Limited was incorporated in 1985 and is based in Coimbatore, India.

Key Metrics

as of Sep 2026

Market Cap972 Cr

P/E22.20

Div Yield0.45 %

Book Value₹335.00

52w High₹953.00

52w Low₹489.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	498.02	474.14	424.20	418.92	441.12	375.73	341.46	344.23	356.90	326.57	270.35	280.72	288.67
Expenses	466.71	442.87	386.74	382.36	399.36	346.58	305.48	308.92	323.45	293.49	239.32	253.93	262.59
Operating Profit	31.31	31.27	37.46	36.56	41.76	29.15	35.98	35.31	33.45	33.08	31.03	26.79	26.08
OPM %	6.29	6.60	8.83	8.73	9.47	7.76	10.54	10.26	9.37	10.13	11.48	9.54	9.03
Other Income	0.41	0.17	0.22	0.34	0.76	2.48	1.72	15.63	1.27	0.25	0.67	0.29	0.74
Depreciation	6.98	6.74	7.26	7.15	6.16	5.97	6.18	5.66	5.61	5.42	4.88	5.16	4.66
Interest	12.05	12.39	12.03	11.23	12.10	10.68	10.56	10.16	9.73	9.06	8.71	8.32	8.00
Profit before tax	12.69	12.31	18.39	18.52	24.26	14.98	20.96	35.12	19.38	18.85	18.11	13.60	14.16
Tax %	25.93	13.32	27.03	26.62	28.44	27.04	27.10	22.32	23.89	29.39	25.57	25.74	28.18
Net Profit	8.33	10.47	12.70	13.38	17.22	10.93	15.25	27.28	14.75	13.32	13.48	10.10	10.17
EPS in Rs	4.55	5.81	7.01	7.35	9.77	5.75	8.48	15.17	8.12	7.42	7.59	5.90	6.07

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2006
Sales	1,758.00	1,418.00	1,166.00	1,037.00	803.00	626.00	584.00	41.00
Expenses	1,610.00	1,282.00	1,049.00	941.00	737.00	563.00	518.00	35.00
Operating Profit	148.00	136.00	117.00	96.00	66.00	63.00	67.00	6.00
OPM %	8.00	10.00	10.00	9.00	8.00	10.00	11.00	14.00
Other Income	1.00	3.00	2.00	2.00	2.00	2.00	1.00	1.00
Interest	48.00	41.00	34.00	26.00	20.00	21.00	21.00	2.00
Depreciation	27.00	23.00	20.00	17.00	16.00	16.00	15.00	2.00
Profit before tax	73.00	75.00	65.00	55.00	33.00	28.00	32.00	3.00
Tax %	25.00	30.00	27.00	28.00	26.00	24.00	14.00	19.00
Net Profit	54.00	52.00	47.00	40.00	24.00	21.00	27.00	2.00
EPS in Rs	29.94	28.75	26.39	23.92	14.13	12.84	16.96	—
Dividend Payout %	8.00	9.00	9.00	9.00	13.00	12.00	0.00	32.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2006
Equity Capital	18.00	18.00	17.00	16.00	16.00	16.00	16.00	5.00
Reserves	575.00	526.00	456.00	392.00	338.00	316.00	294.00	22.00
Borrowings	535.00	461.00	312.00	281.00	252.00	204.00	179.00	18.00
Other Liabilities	244.00	175.00	208.00	206.00	146.00	148.00	128.00	6.00
Total Liabilities	1,372.00	1,180.00	993.00	895.00	752.00	685.00	617.00	51.00
Fixed Assets	340.00	309.00	269.00	245.00	224.00	220.00	217.00	18.00
CWIP	7.00	3.00	2.00	1.00	1.00	1.00	3.00	0.00
Investments	23.00	20.00	7.00	5.00	4.00	5.00	3.00	3.00
Other Assets	1,002.00	848.00	715.00	644.00	523.00	459.00	394.00	30.00
Total Assets	1,372.00	1,180.00	993.00	895.00	752.00	685.00	617.00	51.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2006
Cash from Operating Activity	46.00	-11.00	21.00	23.00	-12.00	14.00	32.00	-1.00
Cash from Investing Activity	-66.00	-79.00	-42.00	-35.00	-16.00	-16.00	-49.00	-9.00
Cash from Financing Activity	21.00	90.00	17.00	18.00	26.00	4.00	12.00	11.00
Net Cash Flow	1.00	0.00	-4.00	6.00	-2.00	2.00	-5.00	0.00
Free Cash Flow	-17.00	-77.00	-23.00	-15.00	-31.00	-4.00	-3.00	-5.00
CFO/OP %	45.00	6.00	29.00	37.00	-4.00	30.00	57.00	-11.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2006
Debtor Days	92.00	104.00	107.00	101.00	99.00	110.00	95.00	76.00
Inventory Days	137.00	139.00	133.00	132.00	140.00	144.00	145.00	137.00
Days Payable	52.00	42.00	47.00	54.00	47.00	50.00	49.00	42.00
Cash Conversion Cycle	177.00	201.00	194.00	179.00	192.00	204.00	191.00	171.00
Working Capital Days	56.00	66.00	70.00	56.00	55.00	59.00	56.00	150.00
ROCE %	11.00	13.00	13.00	12.00	9.00	10.00	—	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	37.47	37.47	37.47	37.47	37.54	37.54	37.54	37.53	37.53	37.32	37.21	35.13
FIIs	4.51	4.45	2.56	2.39	2.35	2.58	3.97	2.65	2.81	3.20	3.70	6.06
DIIs	0.10	0.01	0.02	0.02	0.01	0.10	0.39	0.11	0.11	0.12	0.14	0.14
Public	57.90	58.06	59.95	60.13	60.10	59.78	58.10	59.71	59.56	59.37	58.95	58.69
No. of Shareholders	48,818	48,817	51,709	51,669	51,081	49,630	45,673	42,578	42,501	35,035	28,291	25,134

Corporate Actions

19 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	29 Aug 2025	29 Aug 2025	—	2.50
Dividend	30 Aug 2024	30 Aug 2024	—	2.50
Dividend	25 Aug 2023	25 Aug 2023	—	2.20
Dividend	25 Aug 2022	26 Aug 2022	—	1.80
Dividend	26 Aug 2021	27 Aug 2021	—	1.60
Other	09 Sep 2020	—	—	—	Annual General Meeting
Dividend	07 Aug 2019	—	—	1.60
Dividend	12 Sep 2018	—	—	1.60
Dividend	31 Aug 2017	—	—	1.60
Dividend	09 Jun 2016	—	—	1.60
Dividend	30 Jul 2015	—	—	1.50
Dividend	30 Jul 2014	—	—	1.50
Dividend	01 Aug 2013	—	—	1.20
Dividend	30 Jul 2012	—	—	1.20
Dividend	15 Sep 2011	—	—	1.60
Dividend	30 Aug 2010	—	—	1.60
Dividend	24 Dec 2009	—	—	1.60
Dividend	13 Aug 2008	—	—	1.80
Dividend	10 Aug 2007	—	—	1.80

Announcements

5 filings

Announcement under Regulation 30 (LODR)-Newspaper Publication
21 Aug 2026 21 Aug - Filing of newspaper clippings the Notice to shareholders convening AGM
Notice Calling AGM
20 Aug 2026 20 Aug - Salzer Electronics issues FY26 annual report, AGM notice, 25% dividend proposal, director reappointments and cost auditor ratification.
Reg. 34 (1) Annual Report.
20 Aug 2026 20 Aug - Salzer Electronics issues FY26 annual report; AGM on Sept 12, 2026, with Rs2.50 dividend proposed.
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
13 Aug 2026 13 Aug - Disclosure of Earning Call Transcript on the Results of Q1FY27
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
10 Aug 2026 10 Aug - Audio recording of Q1 earnings call for June 30 available on company website.