Salzer Electronics
- Market cap
- ₹ 848 Cr.
- P/E
- 19.3x
- P/B
- 1.46x
- 52-week range
- 459.8 – 889.7
- ROE
- 10%
- ROCE
- 11%
- Dividend yield
- 0.5%
- Debt / equity
- 0.9
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE, BSE
About
Salzer Electronics Limited is an India-based company, which is engaged in the manufacture of electrical installation products and components. The Company’s products include cam-operated rotary switches, load break switches (Disconnects), toroidal transformers, general-purpose relays, wire harnesses, three-phase dry-type transformers, contactors, overload relays, motor protection circuit breakers (MPCB), miniature circuit breaker (MCBs), terminal connectors, wiring ducts, and control panels. The Company manufactures a range of industrial wires and cables from 0.5 square millimeters (sq mm) to 300 sq mm - building wires, flexible wires, multicore cables, flat cables, traveling cables, shielded and braided wires, halogen-free wires and others. It has a distribution network locally and globally, exporting to many countries. The Company exports its products to America, including South American countries like Brazil, Argentina and Chile.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Salzer Electronics against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)19.3 against a typical 25.2: cheaper than most peers (1st = cheapest).33rd of 80
- Sales growth+12.4% against a typical +32% from a year earlier.46th of 69
- Profit growth−51.9% against a typical +15.9% from a year earlier.48th of 64
- Share price, 3 months−16.5% against a typical −10.4%.48th of 74
- Size₹ 848.4 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).28th of 77
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A | Stable | 4 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 4 Aug 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 600.84 Cr. | |
| 10 Feb 2026 | Reaffirmed | Crisil A | — | CRISIL | ₹ 524.62 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 8 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 23 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 11 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 alongwith limited review report. |
| 1 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 8 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 24 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and recommendation of dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 274 | 262 | 318 | 347 | 336 | 334 | 366 | 432 | 409 | 412 | 462 | 486 |
| Expenses | 248 | 233 | 287 | 316 | 303 | 299 | 339 | 391 | 374 | 376 | 432 | 456 |
| Operating Profit | 25 | 29 | 31 | 31 | 33 | 34 | 26 | 41 | 35 | 36 | 30 | 30 |
| OPM % | 9.2% | 11.2% | 9.7% | 9% | 9.9% | 10.3% | 7.2% | 9.6% | 8.5% | 8.7% | 6.4% | 6.1% |
| Other Income | 0 | 1 | 0 | 1 | 16 | 2 | 2 | 1 | 1 | 0 | 0 | 0 |
| Interest | 8 | 9 | 9 | 10 | 10 | 10 | 11 | 12 | 11 | 12 | 12 | 12 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 6 | 7 |
| Profit before tax | 13 | 17 | 17 | 17 | 34 | 20 | 12 | 24 | 18 | 17 | 11 | 11 |
| Tax % | 25.4% | 25.7% | 29.8% | 23.7% | 21.9% | 26.8% | 29.4% | 26.7% | 24.8% | 25.8% | 11.6% | 24.5% |
| Net Profit | 9 | 12 | 12 | 13 | 26 | 15 | 8 | 18 | 13 | 13 | 10 | 8 |
| EPS in Rs | 5.62 | 7.15 | 6.95 | 7.49 | 14.82 | 8.24 | 4.65 | 9.95 | 7.62 | 7.2 | 5.67 | 4.79 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 17%
- 5 Years
- 23%
- 3 Years
- 19%
- TTM
- 20%
- 10 Years
- 13%
- 5 Years
- 21%
- 3 Years
- 14%
- TTM
- −34%
- 10 Years
- 10%
- 5 Years
- 31%
- 3 Years
- 12%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 9%
- 3 Years
- 10%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Salzer Electronics | ₹ 481.00 | ₹ 848 Cr. | 19.3x | 1.5x | 10% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Raman Krishnamoorthy
- Chief Financial Officer
- K. M. Murugesan
- Compliance Officer, Company Secretary
- Doraiswamy Rajesh Kumar
- Joint Managing Director, Whole-time Director
- R. Doraiswamy ..
- Managing Director, Director
Prices are delayed and for information only. Nothing on this page is investment advice.