SALZERELEC
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Recent events
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News
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Corporate Actions
India's Salzer Electronics set for worst day in 15 weeks after Q4 profit falls
** India's Salzer Electronics SALZ.NS falls ~10% to 975.20 rupees after Q4 results
** Co's Q4 consolidated profit after tax falls nearly 18% on higher costs
** Stock set for worst day in 15 weeks
** Co says core profit was impacted by higher expenses in their new smart meter business
** Adds, its sees margins reverting to normal range as its smart meter business sees revenue traction in coming quarters
** With session's decline, SALZ trims 12-month gain to 35.2%
(Reporting by Ananta Agarwal in Bengaluru)
** India's Salzer Electronics SALZ.NS falls ~10% to 975.20 rupees after Q4 results
** Co's Q4 consolidated profit after tax falls nearly 18% on higher costs
** Stock set for worst day in 15 weeks
** Co says core profit was impacted by higher expenses in their new smart meter business
** Adds, its sees margins reverting to normal range as its smart meter business sees revenue traction in coming quarters
** With session's decline, SALZ trims 12-month gain to 35.2%
(Reporting by Ananta Agarwal in Bengaluru)
Salzer Electronics Receives 500 Million Rupees Order For Smart Meters
March 17 (Reuters) - Salzer Electronics Ltd SALZ.NS:
RECEIVES 500 MILLION RUPEES ORDER FOR SMART METERS
Source text: ID:nBSElcJKg
Further company coverage: SALZ.NS
(([email protected];;))
March 17 (Reuters) - Salzer Electronics Ltd SALZ.NS:
RECEIVES 500 MILLION RUPEES ORDER FOR SMART METERS
Source text: ID:nBSElcJKg
Further company coverage: SALZ.NS
(([email protected];;))
India's Salzer Electronics surges on Q2 profit jump
** Shares of Salzer Electronics SALZ.NS jump as much as 14.3% to 1,166.50 rupees
** The electrical component manufacturer reports nearly three-fold Y/Y jump in Q2 consol net profit; rev from ops rose 22.6% Y/Y
** More than 319,000 shares change hands, 2.9x the 30-day avg
** Stock up 161.1% YTD, on track for best yearly gain since listing in Dec 2015
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Salzer Electronics SALZ.NS jump as much as 14.3% to 1,166.50 rupees
** The electrical component manufacturer reports nearly three-fold Y/Y jump in Q2 consol net profit; rev from ops rose 22.6% Y/Y
** More than 319,000 shares change hands, 2.9x the 30-day avg
** Stock up 161.1% YTD, on track for best yearly gain since listing in Dec 2015
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Salzer Electronics June-Quarter Pat At 132.5 Million Rupees
Aug 6 (Reuters) - Salzer Electronics Ltd SALZ.NS:
JUNE-QUARTER PAT 132.5 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 3.47 BILLION RUPEES
Further company coverage: SALZ.NS
(([email protected];))
Aug 6 (Reuters) - Salzer Electronics Ltd SALZ.NS:
JUNE-QUARTER PAT 132.5 MILLION RUPEES
JUNE-QUARTER REVENUE FROM OPERATIONS 3.47 BILLION RUPEES
Further company coverage: SALZ.NS
(([email protected];))
Salzer Electronics Establishing Smart Meter Manufacturing Business In Coimbatore
Feb 22 (Reuters) - Salzer Electronics Ltd SALZ.NS:
ESTABLISHING SMART METER MANUFACTURING BUSINESS IN COIMBATORE
Source text for Eikon: ID:nBSE8g6CcS
Further company coverage: SALZ.NS
(([email protected];))
Feb 22 (Reuters) - Salzer Electronics Ltd SALZ.NS:
ESTABLISHING SMART METER MANUFACTURING BUSINESS IN COIMBATORE
Source text for Eikon: ID:nBSE8g6CcS
Further company coverage: SALZ.NS
(([email protected];))
India's Salzer Electronics up most in over 1 month after patent win
** Shares of Salzer Electronics SALZ.NS up 5.2%, its highest gain since Oct. 16
** Electrical installation products maker said it received patent for heavy-duty energy efficient Automatic Source Changeover - a system to manage generator power distribution
** Stock above 50-, 100-, and 200- day moving avgs on Tuesday
** Stock up ~56% YTD
(Reporting by Aleef Jahan)
** Shares of Salzer Electronics SALZ.NS up 5.2%, its highest gain since Oct. 16
** Electrical installation products maker said it received patent for heavy-duty energy efficient Automatic Source Changeover - a system to manage generator power distribution
** Stock above 50-, 100-, and 200- day moving avgs on Tuesday
** Stock up ~56% YTD
(Reporting by Aleef Jahan)
India's Salzer Electronics June-Quarter Consol Net Profit Rises
Aug 7 (Reuters) - Salzer Electronics Ltd SALZ.NS:
INDIA'S SALZER ELECTRONICS JUNE-QUARTER CONSOL NET PROFIT 99.4 MILLION RUPEES VERSUS PROFIT 81.1 MILLION RUPEES
SALZER ELECTRONICS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.89 BILLION RUPEES VERSUS 2.38 BILLION RUPEES
Source text for Eikon: ID:nNSE1rR42V
Further company coverage: SALZ.NS
(([email protected];))
Aug 7 (Reuters) - Salzer Electronics Ltd SALZ.NS:
INDIA'S SALZER ELECTRONICS JUNE-QUARTER CONSOL NET PROFIT 99.4 MILLION RUPEES VERSUS PROFIT 81.1 MILLION RUPEES
SALZER ELECTRONICS JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.89 BILLION RUPEES VERSUS 2.38 BILLION RUPEES
Source text for Eikon: ID:nNSE1rR42V
Further company coverage: SALZ.NS
(([email protected];))
India's Salzer Electronics jumps as Q4 profit more than doubles
** Shares of wires and cables maker Salzer Electronics Ltd SALZ.NS rise as much as 4.8% to 299 rupees
** Salzer says its March-qtr consolidated profit after tax more than doubled while rev from ops rose 26.7% Y/Y to 3.03 bln rupees ($37.05 mln)
** Co also declared dividend of 2.2 rupees per share
** If trend holds, stock set for a second consecutive session of gains
** About 190,016 shares change hands, vs 30-day avg of 248,088 shares - Refinitiv Data
** Stock up 16.4% YTD as of last close
($1 = 81.7800 Indian rupees)
(Reporting by Priya Sagar in Bengaluru)
** Shares of wires and cables maker Salzer Electronics Ltd SALZ.NS rise as much as 4.8% to 299 rupees
** Salzer says its March-qtr consolidated profit after tax more than doubled while rev from ops rose 26.7% Y/Y to 3.03 bln rupees ($37.05 mln)
** Co also declared dividend of 2.2 rupees per share
** If trend holds, stock set for a second consecutive session of gains
** About 190,016 shares change hands, vs 30-day avg of 248,088 shares - Refinitiv Data
** Stock up 16.4% YTD as of last close
($1 = 81.7800 Indian rupees)
(Reporting by Priya Sagar in Bengaluru)
India's Salzer Electronics March-Quarter Consol Profit After Tax Rises
May 24 (Reuters) - Salzer Electronics Ltd SALZ.NS:
MARCH-QUARTER CONSOL PAT 98.5 MILLION RUPEES VERSUS 45.7 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.03 BILLION RUPEES VERSUS 2.39 BILLION RUPEES
DIVIDEND 2.20 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: SALZ.NS
(([email protected];))
May 24 (Reuters) - Salzer Electronics Ltd SALZ.NS:
MARCH-QUARTER CONSOL PAT 98.5 MILLION RUPEES VERSUS 45.7 MILLION RUPEES
MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 3.03 BILLION RUPEES VERSUS 2.39 BILLION RUPEES
DIVIDEND 2.20 RUPEES PER SHARE
Source text for Eikon: [ID:]
Further company coverage: SALZ.NS
(([email protected];))
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Popular questions
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What does Salzer Electronics do?
Salzer Electronics Limited, based in Coimbatore, Tamil Nadu, specializes in designing and supplying CAM operated Rotary Switches, selector switches, Wiring Ducts, Voltmeter Switches, and related products in the Electrical Industry.
Who are the competitors of Salzer Electronics?
Salzer Electronics major competitors are Virtuoso Optoelectro, Igarashi Motors, Concord Control Sys., IKIO Technologies, CWD, Artemis Electricals, Modison. Market Cap of Salzer Electronics is ₹1,341 Crs. While the median market cap of its peers are ₹1,456 Crs.
Is Salzer Electronics financially stable compared to its competitors?
Salzer Electronics seems to be less financially stable compared to its competitors. Altman Z score of Salzer Electronics is 3.66 and is ranked 8 out of its 8 competitors.
Does Salzer Electronics pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Salzer Electronics latest dividend payout ratio is 8.69% and 3yr average dividend payout ratio is 9.12%
How has Salzer Electronics allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory, Accounts Receivable
How strong is Salzer Electronics balance sheet?
Balance sheet of Salzer Electronics is strong. But short term working capital might become an issue for this company.
Is the profitablity of Salzer Electronics improving?
Yes, profit is increasing. The profit of Salzer Electronics is ₹71.07 Crs for TTM, ₹50.84 Crs for Mar 2025 and ₹45.88 Crs for Mar 2024.
Is the debt of Salzer Electronics increasing or decreasing?
Yes, The net debt of Salzer Electronics is increasing. Latest net debt of Salzer Electronics is ₹400 Crs as of Mar-25. This is greater than Mar-24 when it was ₹284 Crs.
Is Salzer Electronics stock expensive?
Salzer Electronics is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Salzer Electronics is 19.29, while 3 year average PE is 19.91. Also latest EV/EBITDA of Salzer Electronics is 12.31 while 3yr average is 10.84.
Has the share price of Salzer Electronics grown faster than its competition?
Salzer Electronics has given better returns compared to its competitors. Salzer Electronics has grown at ~43.85% over the last 2yrs while peers have grown at a median rate of 41.21%
Is the promoter bullish about Salzer Electronics?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Salzer Electronics is 37.54% and last quarter promoter holding is 37.54%.
Are mutual funds buying/selling Salzer Electronics?
There is Insufficient data to gauge this.