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Salzer Electronics Ltd

SALZERELEC

Salzer Electronics Ltd

SALZERELEC
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹2,665 cr, stock is ranked 1,013
High RiskStock is 4.08x as volatile as Nifty
1,501.500.29% (-4.35)
1,501.500.29% (-4.35)

Price Chart

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Low
Returns
1D
1W
1M
1Y
5Y
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SIP
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1D
1W
1M
1Y
5Y
Max
SIP
IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹2,665 cr, stock is ranked 1,013
High RiskStock is 4.08x as volatile as Nifty
Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

IndustrialsElectrical Components & Equipments
SmallcapWith a market cap of ₹2,665 cr, stock is ranked 1,013
High RiskStock is 4.08x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
39.635.550.16%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
48.906.910.56%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Salzer Electronics Limited is engaged in the business of computer-aided manufacturing operated rotary switches, and wires and cables.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue585.64628.13806.021,038.891,168.261,315.88
Raw Materialssubtract412.36471.50605.52775.60809.991,165.20
Power & Fuel Costsubtract8.058.178.8711.2013.58
Employee Costsubtract29.8528.1233.6039.3746.64
Selling & Administrative Expensessubtract20.7718.0927.4636.7844.52
Operating & Other expensessubtract46.7436.8961.8578.32134.60
Depreciation/Amortizationsubtract14.7616.0116.3316.6020.1121.57
Interest & Other Itemssubtract21.2221.3419.8826.1234.0937.66
Taxes & Other Itemssubtract4.787.499.9116.1918.8524.20
EPS16.9612.8414.1424.0727.3438.69
DPS0.001.601.802.202.502.50
Payout ratio0.000.120.130.090.090.06

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 22PDF
Feb 7PDF
Nov 1PDF
+2 more
FY 2023

Annual report

PDF

Investor Presentation

May 24PDF
Feb 10PDF
Nov 10PDF
Aug 9PDF
FY 2024

Annual report

PDF

Investor Presentation

Aug 7PDF
 

Peers & Comparison

Comparing 3 stocks from 
IndustrialsElectrical Components & Equipments

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Salzer Electronics Ltd58.095.550.16%
Polycab India Ltd59.8512.950.42%
Havells India Ltd82.6714.110.54%
Kaynes Technology India Ltd253.0218.64

Price Comparison

Compare SALZERELEC with any stock or ETF
Compare SALZERELEC with any stock or ETF
SALZERELEC
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding37.53%0.00%0.11%2.65%59.71%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep5.78%6.06%3.70%3.20%2.81%2.65%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateAug 30, 2024

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Aug 30, 2024

Cash Dividend

Ex DateEx DateAug 25, 2023

Final
Final | Div/Share: ₹2.20

Dividend/Share

2.20

Ex DateEx Date

Aug 25, 2023

Cash Dividend

Ex DateEx DateAug 25, 2022

Final
Final | Div/Share: ₹1.80

Dividend/Share

1.80

Ex DateEx Date

Aug 25, 2022

Cash Dividend

Ex DateEx DateAug 26, 2021

Final
Final | Div/Share: ₹1.60

Dividend/Share

1.60

Ex DateEx Date

Aug 26, 2021

Cash Dividend

Ex DateEx DateAug 7, 2019

Final
Final | Div/Share: ₹1.60

Dividend/Share

1.60

Ex DateEx Date

Aug 7, 2019

News & Opinions
Earnings
Salzer Electronics consolidated net profit rises 172.56% in the September 2024 quarter

Net profit of Salzer Electronics rose 172.56% to Rs 26.82 crore in the quarter ended September 2024 as against Rs 9.84 crore during the previous quarter ended September 2023. Sales rose 22.62% to Rs 344.23 crore in the quarter ended September 2024 as against Rs 280.72 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales344.23280.72 23 OPM %10.269.54 - PBDT40.7818.76 117 PBT35.1113.60 158 NP26.829.84 173 Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Salzer Electronics declare Quarterly Result

Salzer Electronics will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Salzer Electronics announces resignation of directors

Salzer Electronics announced the resignation of P.Ramachandran (Whole Time Director) and Thilagam Rajeshkumar (Non-Executive & Non-Independent Director) with effect from 08 August 2024. Powered by Capital Market - Live

4 months agoCapital Market - Live
Earnings
Salzer Electronics consolidated net profit rises 44.37% in the June 2024 quarter

Net profit of Salzer Electronics rose 44.37% to Rs 14.35 crore in the quarter ended June 2024 as against Rs 9.94 crore during the previous quarter ended June 2023. Sales rose 23.64% to Rs 356.90 crore in the quarter ended June 2024 as against Rs 288.67 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales356.90288.67 24 OPM %9.379.03 - PBDT24.9918.82 33 PBT19.3814.16 37 NP14.359.94 44 Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Salzer Electronics schedules board meeting

Salzer Electronics will hold a meeting of the Board of Directors of the Company on 6 August 2024.Powered by Capital Market - Live

5 months agoCapital Market - Live

Broker’s call: Salzer Electronics (Buy)

5 months agoThe Hindu Businessline

Sarda Energy & Minerals Ltd leads losers in ‘B’ group

2 years agoBusiness Standard

Salzer Electronics nosedives ~11% on logging sharp decline in Q4FY22 numbers

2 years agoIndia Infoline

Salzer Electronics gets patent for ‘Motor Protection Circuit Breaker with increased air gap’

2 years agoIndia Infoline

Salzer Electronics gains on receiving 20-yr patent for its rotary switches

2 years agoBusiness Standard