| Management target | Revenue 20.0% FY26 |
|---|
| Margins | Moderation to 6.3% due to high input costs; targeting 10% FY27. |
|---|---|
| Order book | ₹200 Cr BBMP project; ₹50 Cr smart meter order. |
| Demand visibility | Encouraging demand in power infra, renewables, and data centers. |
Growth
Revenue grew 12.9% YoY; however, EBITDA margins moderated to 6.3% and PAT fell 51.6% YoY to ₹8.33 Cr.
Outlook
Targeting 10% EBITDA margin by FY27 and >20% revenue growth in FY26. Planning ₹50 Cr FY25 Capex.
Risks
Margins impacted by raw material volatility (Copper, Silver, Aluminum) and smart meter execution delays due to tender conditions.
Last quarter's promises, checked
Delivered
- Guided FY26 Revenue ₹1,758 Cr → delivered ₹1,758 Cr (= BEAT)
- Guided FY26 EBITDA Margin 8% → delivered 8% (= BEAT)
- Guided FY26 PAT ₹54 Cr → delivered ₹54 Cr (= BEAT)
Partly delivered
- Guided 25% Debt-to-Revenue → delivered 30% (= PARTIAL)
- Guided Smart Meter Revenue ₹45 Cr → delivered ₹45 Cr (= PARTIAL)
Missed
- Guided 25% Export Revenue Mix → delivered 21% (= MISS)
- Guided 13-14% Switchgear EBITDA Margin → delivered 11% (= MISS)
- Guided 10% EBITDA Margin for Q4 FY26 → delivered 7% (= MISS)
Investor Presentation filed with BSE, NSE: SALZERELEC. Summary written with AI assistance from the document.
Salzer Electronics Ltd: key numbers
- Share price
- ₹518.50
- Market cap
- ₹916.9 Cr
- Revenue (annual)
- ₹1,758 Cr
- Net profit (annual)
- ₹52.94 Cr
- P/E (TTM)
- 21.0×Sector 45.6×
- Promoter holding
- 37.48%+0.00% QoQ
- FII holding
- 4.51%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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