Salzer Electronics Ltd.
•₹ 569.550.18%
2026-08-21
PROS
- Company has consistently been profitable over the last 5 years
- Company has delivered good sales growth of 19.4% CAGR over last 5 years
- Company has a consistent dividend-paying track record
- Institutional investors have been accumulating - FII+DII up 2.2pp
- Attractively priced for its growth - PEG of 0.8
CONS
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 20.3% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.23x)
- Free cash flow has been persistently negative
- Total debt has risen sharply - up 35.9% year on year
- Equity base is being diluted - shares outstanding up 10.6%
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ABB | 7400.00 | 52.48 | 156812.20 | 0.53 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| 2. | POWERINDIA | 33550.00 | 0.00 | 149540.28 | 0.02 | 294.15 | 123.52 | 2493.69 | 74.46 | 28.73 | 14.58 |
| 3. | SIEMENS | 3880.10 | 42.19 | 138178.32 | 0.46 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| 4. | CGPOWER | 862.90 | 108.75 | 135945.59 | 0.15 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| 5. | ENRIN | 3483.60 | 0.00 | 124058.14 | 0.11 | 4409.00 | 1578.34 | 24856.00 | 1292.81 | 40.19 | 23.56 |
| 6. | GVT&D | 4119.00 | 564.77 | 105465.57 | 0.24 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| 7. | HAVELLS | 1278.00 | 49.11 | 80202.38 | 0.78 | 2897.10 | 733.63 | 65181.90 | 1094.83 | 25.74 | 7.15 |
| 8. | WAAREEENER | 2688.00 | 20.26 | 77320.68 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 34.71 | 18.15 |
| 9. | APARINDS | 16607.65 | 58.86 | 69540.11 | 0.36 | 467.45 | 77.80 | 6591.06 | 29.64 | 33.47 | 11.50 |
| 10. | SUZLON | 46.78 | 20.45 | 64302.09 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| 11. | SCHNEIDER | 1254.75 | 0.00 | 30001.58 | 0.00 | 124.40 | 201.65 | 6513.60 | 947.83 | 31.01 | 5.23 |
| 12. | SALZERELEC | 572.30 | 23.16 | 1011.98 | 0.44 | 8.33 | -51.65 | 498.02 | 12.90 | 13.28 | 6.07 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 289 | 281 | 270 | 327 | 357 | 344 | 341 | 376 | 441 | 419 | 424 | 474 | 498 | |
| 263 | 254 | 239 | 293 | 323 | 309 | 305 | 347 | 399 | 382 | 387 | 443 | 486 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 0 | 1 | 0 | 1 | -0 | 2 | 2 | 1 | 0 | 0 | 0 | 0 |
| Interest | 8 | 8 | 9 | 9 | 10 | 10 | 11 | 11 | 12 | 11 | 12 | 12 | 12 |
| Depreciation | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 7 | 7 | 7 | 7 |
| 14 | 14 | 18 | 19 | 19 | 19 | 21 | 15 | 24 | 19 | 18 | 12 | 12 | |
| Tax % | 28.18% | 25.74% | 25.57% | 29.37% | 23.89% | 40.47% | 27.10% | 27.02% | 28.44% | 26.67% | 27.08% | 13.33% | 28.31% |
| Net Profit | 0 | 0 | 0 | 0 | 15 | 273 | 16 | 11 | 17 | 13 | 13 | 10 | 8 |
| 6 | 6 | 8 | 7 | 8 | 6 | 8 | 6 | 10 | 7 | 7 | 6 | 0 | |
| Equity Capital | 16 | 17 | 17 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 16 | 17 | 17 | 17 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 289
- 263
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 5
- 14
- Tax %
- 28.18%
- Net Profit
- 0
- 6
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 16
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 281
- 254
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 8
- Depreciation
- 5
- 14
- Tax %
- 25.74%
- Net Profit
- 0
- 6
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 270
- 239
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 9
- Depreciation
- 5
- 18
- Tax %
- 25.57%
- Net Profit
- 0
- 8
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 327
- 293
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 9
- Depreciation
- 5
- 19
- Tax %
- 29.37%
- Net Profit
- 0
- 7
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 17
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 357
- 323
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 10
- Depreciation
- 6
- 19
- Tax %
- 23.89%
- Net Profit
- 15
- 8
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 344
- 309
- Operating Profit
- —
- OPM %
- —
- Other Income
- -0
- Interest
- 10
- Depreciation
- 6
- 19
- Tax %
- 40.47%
- Net Profit
- 273
- 6
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 341
- 305
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 11
- Depreciation
- 6
- 21
- Tax %
- 27.10%
- Net Profit
- 16
- 8
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 376
- 347
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 11
- Depreciation
- 6
- 15
- Tax %
- 27.02%
- Net Profit
- 11
- 6
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 441
- 399
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 12
- Depreciation
- 6
- 24
- Tax %
- 28.44%
- Net Profit
- 17
- 10
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 419
- 382
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 11
- Depreciation
- 7
- 19
- Tax %
- 26.67%
- Net Profit
- 13
- 7
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 424
- 387
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 12
- Depreciation
- 7
- 18
- Tax %
- 27.08%
- Net Profit
- 13
- 7
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 474
- 443
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 12
- Depreciation
- 7
- 12
- Tax %
- 13.33%
- Net Profit
- 10
- 6
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 498
- 486
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 12
- Depreciation
- 7
- 12
- Tax %
- 28.31%
- Net Profit
- 8
- 0
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 18
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 584 | 626 | 804 | 1,037 | 1,166 | 1,418 | 1,815 | |
| 518 | 563 | 738 | 942 | 1,051 | 1,284 | 1,698 | |
| Operating Profit | 68 | 65 | 69 | 98 | 119 | 139 | — |
| OPM % | 12 | 10 | 9 | 9 | 10 | 10 | — |
| Other Income | 1 | 2 | 3 | 2 | 3 | 5 | 1 |
| Interest | 21 | 21 | 20 | 26 | 34 | 41 | 48 |
| Depreciation | 15 | 16 | 16 | 17 | 20 | 23 | 28 |
| 32 | 28 | 33 | 55 | 65 | 75 | 61 | |
| Tax % | 14 | 24 | 26 | 28 | 27 | 30 | 24 |
| Net Profit | 27 | 21 | 24 | 40 | 47 | 52 | 46 |
| EPS | 17 | 13 | 14 | 22 | 26 | 29 | — |
| Dividend Payout % | 0 | 12 | 13 | 9 | 9 | 9 | — |
| Minority Interest | -0 | -1 | -2 | -1 | -1 | -2 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | -0 | -2 |
| Adjusted EPS | 17 | 13 | 14 | 24 | 26 | 29 | — |
| Minority Interest | -0 | -1 | -2 | -1 | -1 | -2 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | -0 | -2 |
| Adjusted EPS | 17 | 13 | 14 | 24 | 26 | 29 | — |
Mar 2020
- 584
- 518
- Operating Profit
- 68
- OPM %
- 12
- Other Income
- 1
- Interest
- 21
- Depreciation
- 15
- 32
- Tax %
- 14
- Net Profit
- 27
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2021
- 626
- 563
- Operating Profit
- 65
- OPM %
- 10
- Other Income
- 2
- Interest
- 21
- Depreciation
- 16
- 28
- Tax %
- 24
- Net Profit
- 21
- EPS
- 13
- Dividend Payout %
- 12
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2022
- 804
- 738
- Operating Profit
- 69
- OPM %
- 9
- Other Income
- 3
- Interest
- 20
- Depreciation
- 16
- 33
- Tax %
- 26
- Net Profit
- 24
- EPS
- 14
- Dividend Payout %
- 13
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- -2
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2023
- 1,037
- 942
- Operating Profit
- 98
- OPM %
- 9
- Other Income
- 2
- Interest
- 26
- Depreciation
- 17
- 55
- Tax %
- 28
- Net Profit
- 40
- EPS
- 22
- Dividend Payout %
- 9
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 24
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 24
Mar 2024
- 1,166
- 1,051
- Operating Profit
- 119
- OPM %
- 10
- Other Income
- 3
- Interest
- 34
- Depreciation
- 20
- 65
- Tax %
- 27
- Net Profit
- 47
- EPS
- 26
- Dividend Payout %
- 9
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 26
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- 26
Mar 2025
- 1,418
- 1,284
- Operating Profit
- 139
- OPM %
- 10
- Other Income
- 5
- Interest
- 41
- Depreciation
- 23
- 75
- Tax %
- 30
- Net Profit
- 52
- EPS
- 29
- Dividend Payout %
- 9
- Minority Interest
- -2
- Share of Associates
- -0
- Adjusted EPS
- 29
- Minority Interest
- -2
- Share of Associates
- -0
- Adjusted EPS
- 29
TTM
- 1,815
- 1,698
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 48
- Depreciation
- 28
- 61
- Tax %
- 24
- Net Profit
- 46
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- -2
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 19%
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 13%
- 3 Years:
- 31%
STOCK PRICE CAGR
- 10 Years:
- 10%
- 5 Years:
- 30%
- 3 Years:
- 12%
- 1 Year:
- -34%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- 9%
- 3 Years:
- 11%
- Last Year:
- 10%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - |
| Equity Capital | 16 | 16 | 16 | 16 | 17 | 18 |
| 294 | 316 | 338 | 379 | 454 | 526 | |
| 156 | 183 | 235 | 265 | 290 | 387 | |
| Trade Payables | 54 | 63 | 76 | 112 | 104 | 151 |
| 96 | 106 | 87 | 123 | 128 | 98 | |
| Total Liabilities | 617 | 685 | 752 | 895 | 993 | 1,180 |
| ASSETS | - | - | - | - | - | - |
| 217 | 220 | 224 | 245 | 269 | 309 | |
| Capital Work in Progress | 3 | 1 | 1 | 1 | 2 | 3 |
| 3 | 5 | 4 | 5 | 7 | 20 | |
| 161 | 181 | 227 | 274 | 293 | 368 | |
| 0 | 0 | 0 | 0 | 343 | 405 | |
| Cash & Bank | 12 | 14 | 12 | 17 | 12 | 9 |
| 222 | 264 | 285 | 353 | 66 | 66 | |
| Total Assets | 617 | 685 | 752 | 895 | 993 | 1,180 |
| Total Debt | 179 | 204 | 252 | 277 | 308 | 418 |
| Net Working Capital | 103 | 118 | 136 | 182 | 243 | 270 |
| Contingent Liabilities | 56 | 72 | 55 | 43 | 37 | 75 |
| Book Value per Share | 193.98 | 207.99 | 221.42 | 244.04 | 271.17 | 307.62 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 179 | 204 | 252 | 277 | 308 | 418 |
| Net Working Capital | 103 | 118 | 136 | 182 | 243 | 270 |
| Contingent Liabilities | 56 | 72 | 55 | 43 | 37 | 75 |
| Book Value per Share | 193.98 | 207.99 | 221.42 | 244.04 | 271.17 | 307.62 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2020
- Equity Capital
- 16
- 294
- 156
- Trade Payables
- 54
- 96
- Total Liabilities
- 617
- 217
- Capital Work in Progress
- 3
- 3
- 161
- 0
- Cash & Bank
- 12
- 222
- Total Assets
- 617
- Total Debt
- 179
- Net Working Capital
- 103
- Contingent Liabilities
- 56
- Book Value per Share
- 193.98
- Face Value
- 10.00
- Total Debt
- 179
- Net Working Capital
- 103
- Contingent Liabilities
- 56
- Book Value per Share
- 193.98
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 16
- 316
- 183
- Trade Payables
- 63
- 106
- Total Liabilities
- 685
- 220
- Capital Work in Progress
- 1
- 5
- 181
- 0
- Cash & Bank
- 14
- 264
- Total Assets
- 685
- Total Debt
- 204
- Net Working Capital
- 118
- Contingent Liabilities
- 72
- Book Value per Share
- 207.99
- Face Value
- 10.00
- Total Debt
- 204
- Net Working Capital
- 118
- Contingent Liabilities
- 72
- Book Value per Share
- 207.99
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 16
- 338
- 235
- Trade Payables
- 76
- 87
- Total Liabilities
- 752
- 224
- Capital Work in Progress
- 1
- 4
- 227
- 0
- Cash & Bank
- 12
- 285
- Total Assets
- 752
- Total Debt
- 252
- Net Working Capital
- 136
- Contingent Liabilities
- 55
- Book Value per Share
- 221.42
- Face Value
- 10.00
- Total Debt
- 252
- Net Working Capital
- 136
- Contingent Liabilities
- 55
- Book Value per Share
- 221.42
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 16
- 379
- 265
- Trade Payables
- 112
- 123
- Total Liabilities
- 895
- 245
- Capital Work in Progress
- 1
- 5
- 274
- 0
- Cash & Bank
- 17
- 353
- Total Assets
- 895
- Total Debt
- 277
- Net Working Capital
- 182
- Contingent Liabilities
- 43
- Book Value per Share
- 244.04
- Face Value
- 10.00
- Total Debt
- 277
- Net Working Capital
- 182
- Contingent Liabilities
- 43
- Book Value per Share
- 244.04
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 17
- 454
- 290
- Trade Payables
- 104
- 128
- Total Liabilities
- 993
- 269
- Capital Work in Progress
- 2
- 7
- 293
- 343
- Cash & Bank
- 12
- 66
- Total Assets
- 993
- Total Debt
- 308
- Net Working Capital
- 243
- Contingent Liabilities
- 37
- Book Value per Share
- 271.17
- Face Value
- 10.00
- Total Debt
- 308
- Net Working Capital
- 243
- Contingent Liabilities
- 37
- Book Value per Share
- 271.17
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 18
- 526
- 387
- Trade Payables
- 151
- 98
- Total Liabilities
- 1,180
- 309
- Capital Work in Progress
- 3
- 20
- 368
- 405
- Cash & Bank
- 9
- 66
- Total Assets
- 1,180
- Total Debt
- 418
- Net Working Capital
- 270
- Contingent Liabilities
- 75
- Book Value per Share
- 307.62
- Face Value
- 10.00
- Total Debt
- 418
- Net Working Capital
- 270
- Contingent Liabilities
- 75
- Book Value per Share
- 307.62
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 32 | 14 | -12 | 23 | 21 | -11 | |
| Cash from Investing | -49 | -16 | -16 | -35 | -42 | -79 |
| Cash from Financing | 12 | 4 | 26 | 18 | 17 | 91 |
| -5 | 2 | -2 | 6 | -4 | 0 | |
| Free Cash Flow | 32 | -109 | -31 | -15 | -27 | -70 |
| OCF / Net Profit | 1.15 | 0.64 | -0.51 | 0.57 | 0.44 | -0.22 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -253 |
| OCF / Net Profit | 1.15 | 0.64 | -0.51 | 0.57 | 0.44 | -0.22 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -253 |
Mar 2020
- 32
- Cash from Investing
- -49
- Cash from Financing
- 12
- -5
- Free Cash Flow
- 32
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 0
Mar 2021
- 14
- Cash from Investing
- -16
- Cash from Financing
- 4
- 2
- Free Cash Flow
- -109
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.64
- Cumulative 5-Year FCF
- 0
Mar 2022
- -12
- Cash from Investing
- -16
- Cash from Financing
- 26
- -2
- Free Cash Flow
- -31
- OCF / Net Profit
- -0.51
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.51
- Cumulative 5-Year FCF
- 0
Mar 2023
- 23
- Cash from Investing
- -35
- Cash from Financing
- 18
- 6
- Free Cash Flow
- -15
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 0
Mar 2024
- 21
- Cash from Investing
- -42
- Cash from Financing
- 17
- -4
- Free Cash Flow
- -27
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.44
- Cumulative 5-Year FCF
- 0
Mar 2025
- -11
- Cash from Investing
- -79
- Cash from Financing
- 91
- 0
- Free Cash Flow
- -70
- OCF / Net Profit
- -0.22
- Cumulative 5-Year FCF
- -253
- OCF / Net Profit
- -0.22
- Cumulative 5-Year FCF
- -253
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - |
| EPS (₹) | 16.96 | 12.84 | 14.14 | 23.92 | 26.39 | 28.75 |
| Book Value (₹) | 193.98 | 207.99 | 221.42 | 244.04 | 271.17 | 307.62 |
| Dividend per Share (₹) | 0.00 | 1.60 | 1.80 | 2.20 | 2.50 | 2.50 |
| Cash EPS (₹) | 26.38 | 23.39 | 25.36 | 34.74 | 38.65 | 42.93 |
| PROFITABILITY | - | - | - | - | - | - |
| Operating Margin % | 11.65% | 10.42% | 8.55% | 9.41% | 9.92% | 9.44% |
| Net Margin % | 4.69% | 3.42% | 3.01% | 3.82% | 4.04% | 3.70% |
| ROE % | 16.30% | 6.66% | 7.05% | 10.58% | 10.87% | 10.34% |
| ROCE % | 19.93% | 9.63% | 9.17% | 12.55% | 13.48% | 13.28% |
| 8.22% | 3.29% | 3.37% | 4.81% | 4.98% | 4.83% | |
| EFFICIENCY | - | - | - | - | - | - |
| Debtor Days | 50 | 99 | 92 | 89 | 99 | 96 |
| Inventory Days | 53 | 100 | 93 | 88 | 89 | 85 |
| Payable Days | 25 | 45 | 41 | 44 | 46 | 45 |
| 78 | 154 | 144 | 134 | 142 | 137 | |
| FINANCIAL HEALTH | - | - | - | - | - | - |
| Debt to Equity (x) | 0.58x | 0.61x | 0.71x | 0.70x | 0.65x | 0.77x |
| Interest Coverage (x) | 2.50x | 2.31x | 2.64x | 3.10x | 2.90x | 2.82x |
| 1.39x | 1.38x | 1.38x | 1.41x | 1.52x | 1.47x | |
| GROWTH | - | - | - | - | - | - |
| Revenue Growth % | 1326.11% | 7.08% | 28.42% | 29.08% | 12.45% | 21.61% |
| Operating Profit Growth % | 912.09% | -4.26% | 5.44% | 42.03% | 21.85% | 17.08% |
| Net Profit Growth % | 1080.57% | -22.01% | 13.22% | 63.68% | 18.80% | 11.52% |
| 0.00% | 0.00% | 0.00% | 0.00% | 10.34% | 8.95% | |
| VALUATION | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 31.76x | 37.41x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 3.09x | 3.50x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.30% | 0.23% |
| 0.00x | 0.00x | 0.00x | 0.00x | 14.74x | 16.60x |
Mar 2020
- EPS (₹)
- 16.96
- Book Value (₹)
- 193.98
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 26.38
- Operating Margin %
- 11.65%
- Net Margin %
- 4.69%
- ROE %
- 16.30%
- ROCE %
- 19.93%
- 8.22%
- Debtor Days
- 50
- Inventory Days
- 53
- Payable Days
- 25
- 78
- Debt to Equity (x)
- 0.58x
- Interest Coverage (x)
- 2.50x
- 1.39x
- Revenue Growth %
- 1326.11%
- Operating Profit Growth %
- 912.09%
- Net Profit Growth %
- 1080.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 12.84
- Book Value (₹)
- 207.99
- Dividend per Share (₹)
- 1.60
- Cash EPS (₹)
- 23.39
- Operating Margin %
- 10.42%
- Net Margin %
- 3.42%
- ROE %
- 6.66%
- ROCE %
- 9.63%
- 3.29%
- Debtor Days
- 99
- Inventory Days
- 100
- Payable Days
- 45
- 154
- Debt to Equity (x)
- 0.61x
- Interest Coverage (x)
- 2.31x
- 1.38x
- Revenue Growth %
- 7.08%
- Operating Profit Growth %
- -4.26%
- Net Profit Growth %
- -22.01%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 14.14
- Book Value (₹)
- 221.42
- Dividend per Share (₹)
- 1.80
- Cash EPS (₹)
- 25.36
- Operating Margin %
- 8.55%
- Net Margin %
- 3.01%
- ROE %
- 7.05%
- ROCE %
- 9.17%
- 3.37%
- Debtor Days
- 92
- Inventory Days
- 93
- Payable Days
- 41
- 144
- Debt to Equity (x)
- 0.71x
- Interest Coverage (x)
- 2.64x
- 1.38x
- Revenue Growth %
- 28.42%
- Operating Profit Growth %
- 5.44%
- Net Profit Growth %
- 13.22%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 23.92
- Book Value (₹)
- 244.04
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 34.74
- Operating Margin %
- 9.41%
- Net Margin %
- 3.82%
- ROE %
- 10.58%
- ROCE %
- 12.55%
- 4.81%
- Debtor Days
- 89
- Inventory Days
- 88
- Payable Days
- 44
- 134
- Debt to Equity (x)
- 0.70x
- Interest Coverage (x)
- 3.10x
- 1.41x
- Revenue Growth %
- 29.08%
- Operating Profit Growth %
- 42.03%
- Net Profit Growth %
- 63.68%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 26.39
- Book Value (₹)
- 271.17
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 38.65
- Operating Margin %
- 9.92%
- Net Margin %
- 4.04%
- ROE %
- 10.87%
- ROCE %
- 13.48%
- 4.98%
- Debtor Days
- 99
- Inventory Days
- 89
- Payable Days
- 46
- 142
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 2.90x
- 1.52x
- Revenue Growth %
- 12.45%
- Operating Profit Growth %
- 21.85%
- Net Profit Growth %
- 18.80%
- 10.34%
- P/E (x)
- 31.76x
- P/B (x)
- 3.09x
- Dividend Yield %
- 0.30%
- 14.74x
Mar 2025
- EPS (₹)
- 28.75
- Book Value (₹)
- 307.62
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 42.93
- Operating Margin %
- 9.44%
- Net Margin %
- 3.70%
- ROE %
- 10.34%
- ROCE %
- 13.28%
- 4.83%
- Debtor Days
- 96
- Inventory Days
- 85
- Payable Days
- 45
- 137
- Debt to Equity (x)
- 0.77x
- Interest Coverage (x)
- 2.82x
- 1.47x
- Revenue Growth %
- 21.61%
- Operating Profit Growth %
- 17.08%
- Net Profit Growth %
- 11.52%
- 8.95%
- P/E (x)
- 37.41x
- P/B (x)
- 3.50x
- Dividend Yield %
- 0.23%
- 16.60x
Documents
Announcements
- Shareholders meeting
2026-08-20 - Salzer Electronics Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2026
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Salzer Electronics Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
- Credit Rating
2026-08-05 - Salzer Electronics Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026