Loading…
Salzer Electronics (SALZERELEC)₹552.35+15.47%Other Electrical Equipment
In the Jun 2026 quarter (consolidated), Salzer Electronics reported sales of ₹499 Cr, up 12.9% from Jun 2025, and net profit of ₹8.34 Cr, down 51.7% year on year. For the year to Mar 2026, sales were ₹1,759 Cr and net profit ₹54.15 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| 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 | 281 | 271 | 327 | 357 | 345 | 342 | 376 | 442 | 419 | 425 | 474 | 499 |
| Expenses | 254 | 240 | 293 | 323 | 309 | 305 | 347 | 399 | 382 | 387 | 443 | 467 |
| Operating Profit | 26.84 | 31.09 | 33.19 | 33.51 | 35.37 | 36.07 | 29.22 | 41.88 | 36.64 | 37.52 | 31.32 | 31.40 |
| OPM % | 9.5% | 11.5% | 10.1% | 9.4% | 10.3% | 10.5% | 7.7% | 9.5% | 8.7% | 8.8% | 6.6% | 6.3% |
| Other Income | 0.28 | 0.66 | 0.24 | 1.26 | 15.58 | 1.71 | 2.47 | 0.75 | 0.33 | 0.21 | 0.16 | 0.40 |
| Interest | 8.35 | 8.74 | 9.10 | 9.77 | 10.20 | 10.61 | 10.72 | 12.15 | 11.26 | 12.07 | 12.43 | 12.10 |
| Depreciation | 5.14 | 4.86 | 5.40 | 5.59 | 5.64 | 6.15 | 5.95 | 6.14 | 7.13 | 7.23 | 6.72 | 6.95 |
| Profit before tax | 13.62 | 18.13 | 18.89 | 19.43 | 35.17 | 20.98 | 15.00 | 24.30 | 18.55 | 18.42 | 12.33 | 12.71 |
| Tax % | 25.7% | 25.5% | 29.4% | 23.8% | 22.3% | 27.0% | 27.0% | 28.4% | 26.6% | 27.0% | 13.3% | 25.9% |
| Net Profit | 10.13 | 13.52 | 13.35 | 14.79 | 27.34 | 15.30 | 10.95 | 17.25 | 13.41 | 12.73 | 10.50 | 8.34 |
| EPS (Rs) | 5.91 | 7.60 | 7.43 | 8.11 | 15.16 | 8.49 | 5.76 | 9.78 | 7.36 | 7.02 | 5.82 | 4.56 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 584 | 626 | 803 | 1,037 | 1,167 | 1,419 | 1,759 | 1,817 |
| Expenses | 518 | 563 | 738 | 941 | 1,049 | 1,282 | 1,612 | 1,679 |
| Operating Profit | 67.21 | 63.20 | 66.19 | 96.18 | 117 | 136 | 147 | 137 |
| OPM % | 11.0% | 10.0% | 8.0% | 9.0% | 10.0% | 10.0% | 8.0% | 7.5% |
| Other Income | 0.99 | 1.99 | 1.99 | 1.99 | 1.99 | 2.99 | 0.99 | 1.10 |
| Interest | 21.09 | 21.07 | 20.07 | 26.09 | 34.14 | 41.15 | 48.17 | 47.86 |
| Depreciation | 14.95 | 15.95 | 15.93 | 16.93 | 19.92 | 22.93 | 26.91 | 28.03 |
| Profit before tax | 32.07 | 28.03 | 33.06 | 55.09 | 65.12 | 75.10 | 73.09 | 62.01 |
| Tax % | 14.0% | 24.0% | 26.0% | 27.9% | 27.0% | 29.9% | 24.9% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 | 0.00 | — |
| Net Profit | 27.06 | 21.06 | 24.05 | 40.10 | 47.10 | 52.11 | 54.15 | 44.98 |
| EPS (Rs) | 16.97 | 12.85 | 14.14 | 23.93 | 26.42 | 28.77 | 29.96 | 24.76 |
| Dividend payout % | 0.0% | 12.0% | 13.0% | 9.0% | 9.0% | 9.0% | 8.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 16.04 | 16.04 | 16.04 | 16.05 | 17.04 | 18.05 | 18.06 |
| Reserves | 295 | 317 | 339 | 394 | 458 | 528 | 577 |
| Borrowings | 179 | 204 | 252 | 281 | 312 | 422 | 536 |
| Other Liabilities | 129 | 149 | 147 | 207 | 209 | 215 | 245 |
| Total Liabilities | 619 | 687 | 754 | 898 | 996 | 1,183 | 1,376 |
| Fixed Assets | 218 | 221 | 225 | 246 | 270 | 310 | 341 |
| CWIP | 2.99 | 0.99 | 0.99 | 0.99 | 1.99 | 2.99 | 6.99 |
| Investments | 2.99 | 4.98 | 3.99 | 4.98 | 6.98 | 19.93 | 22.93 |
| Other Assets | 395 | 460 | 524 | 646 | 717 | 850 | 1,005 |
| Inventories | 161 | 181 | 227 | 273 | 292 | 367 | 467 |
| Trade receivables | 152 | 188 | 218 | 287 | 343 | 406 | 446 |
| Cash & equivalents | 11.98 | 13.98 | 11.98 | 16.98 | 11.98 | 8.99 | 9.99 |
| Total Assets | 619 | 687 | 754 | 898 | 996 | 1,183 | 1,376 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 31.91 | 13.96 | −11.97 | 22.91 | 20.93 | −10.96 | 45.84 |
| Cash from investing activity | −48.84 | −15.95 | −15.94 | −34.90 | −41.88 | −78.78 | −65.81 |
| Cash from financing activity | 12.03 | 4.01 | 26.03 | 18.04 | 17.04 | 91.20 | 21.03 |
| Net cash flow | −5.01 | 2.01 | −2.01 | 6.01 | −4.01 | 0.00 | 1.01 |
| Capex | 35.04 | 19.01 | 20.03 | 37.03 | 42.03 | 69.06 | 59.05 |
| Free cash flow | −3.01 | −4.01 | −31.01 | −15.02 | −23.02 | −77.05 | −17.01 |
| CFO / OP % | 57.0% | 30.0% | −4.0% | 37.0% | 29.0% | 6.0% | 45.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 94 | 109 | 98 | 100 | 106 | 103 | 91 |
| Inventory days | 145 | 144 | 140 | 132 | 133 | 139 | 127 |
| Days payable | 50 | 51 | 48 | 55 | 48 | 58 | 49 |
| Cash conversion cycle | 190 | 203 | 191 | 178 | 193 | 185 | 170 |
| Working capital days | 57 | 60 | 56 | 57 | 71 | 66 | 60 |
| ROCE % | — | 10.0% | 9.0% | 11.9% | 12.9% | 12.9% | 10.9% |
For the Jun 2026 quarter, Salzer Electronics reported sales of ₹499 Cr, up 12.9% year on year and net profit of ₹8.34 Cr, down 51.7% year on year. The operating margin was 6.3%.
Salzer Electronics' sales for the year to Mar 2026 were ₹1,759 Cr; over the last twelve months they were ₹1,817 Cr.
Net profit for the year to Mar 2026 was ₹54.15 Cr, and ₹44.98 Cr over the last twelve months. Earnings per share over the same trailing period were ₹24.76.
Salzer Electronics reported borrowings of ₹536 Cr at Mar 2026, against cash and equivalents of ₹9.99 Cr.
Cash from operations was ₹45.84 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹17.01 Cr.