Salzer Electronics Limited

Capital Goods · Electrical Equipment

NSE: SALZERELEC BSE: 517059

₹536.40

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Electrical Equipment

The largest companies in the same industry by market cap. This company ranks #52 of 95. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Bharat Heavy Electricals Limited	144,680	59.9	6.1%	73.0%	—	54	36	32
ABB India Limited	143,589	92.3	13.6%	30.3%	1.76%	73	0	28
Hitachi Energy India Limited	136,525	118.7	19.1%	68.9%	0.03%	81	33	31
CG Power and Industrial Solutions Limited	134,535	96.5	14.5%	15.5%	0.15%	81	0	30
Siemens Limited	132,676	107.1	11.2%	19.4%	0.48%	72	0	29
Siemens Energy India Limited	113,959	76.6	—	-5.9%	0.13%	94	0	66
GE Vernova T&D India Limited	107,565	82.4	45.8%	36.7%	0.24%	94	31	31
Apar Industries Limited	72,791	59.7	18.1%	111.6%	0.35%	62	25	50
Salzer Electronics Limited (this stock)	949	21.2	8.9%	-30.6%	0.47%	39	72	47

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹1,478 Cr

EV / EBITDA

11.2x

EV / Sales

0.84x

Market cap / Sales

0.54x

Earnings yield

4.71%

Quarterly Financials

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Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 486 Cr, up 12.3% YoY.

↓ Negative

Quarterly Net Profit

Jun 2026 quarterly net profit is Rs 8 Cr, down 51.9% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	486	11	8	₹4.7900
March 31, 2026	462	11	10	₹5.6700
Dec. 31, 2025	412	17	13	₹7.2100
Sept. 30, 2025	409	18	13	₹7.6200
June 30, 2025	432	24	18	₹9.9500
March 31, 2025	366	12	8	₹4.6600
Dec. 31, 2024	334	20	15	₹8.2200
Sept. 30, 2024	336	34	26	₹14.8300
June 30, 2024	347	17	13	₹7.5700
March 31, 2024	318	17	12	₹6.9500
Dec. 31, 2023	262	17	12	₹7.3900
Sept. 30, 2023	274	13	9	₹5.6700
June 30, 2023	282	13	9	₹5.7110

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	486	462	412	409	433	368	336	352	348	318	263	274	282
Operating revenue	486	462	412	409	432	366	334	336	347	318	262	274	282
Other income	0	0	0	1	1	3	2	16	1	0	1	0	1
Operating expenses	456	432	376	374	391	339	299	303	316	287	233	248	257
Operating profit	30	30	36	35	41	26	34	33	31	31	29	25	25
Operating profit margin	6.1%	6.4%	8.7%	8.5%	9.6%	7.2%	10.3%	9.9%	9.0%	9.7%	11.2%	9.2%	8.7%
Depreciation	7	6	7	7	6	6	6	5	5	5	5	5	4
Interest	12	12	12	11	12	11	10	10	10	9	9	8	8
Exceptional items, gain / (loss)	—	—	—	1	—	-1	—	—	—	—	—	—	—
Profit before tax	11	11	17	18	24	12	20	34	17	17	17	13	13
Tax	3	1	4	4	6	3	5	7	4	5	4	3	4
Net profit	8	10	—	13	18	8	15	26	13	12	12	9	9
EPS	4.79	5.67	7.21	7.62	9.95	4.66	8.22	14.83	7.57	6.95	7.39	5.67	5.71
Net profit (TTM)	—	—	—	54	67	62	66	64	47	43	40	37	37
EPS (TTM)	25.29	30.45	29.44	30.45	37.66	35.28	37.57	36.74	27.58	25.72	24.37	23.03	22.96

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	1,715	70	54
March 31, 2025	1,383	82	62
March 31, 2024	1,136	59	43
March 31, 2023	1,013	50	36

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 17
Total income (before exceptional items)	19.2%	23.1%	1,717^†	1,404^†	1,138^†	1,014^†	786^†	608^†	568^†	560^†	391^†
Operating revenue	19.2%	23.1%	1,715	1,383	1,136	1,013	784^†	606^†	567^†	560^†	384^†
Other income	—	—	2^†	21^†	2^†	1^†	2^†	2^†	1^†	1^†	7^†
Operating expenses	—	—	1,574^†	1,258^†	1,025^†	922^†	720^†	544^†	502^†	496^†	331^†
Operating profit	15.8%	18.0%	141^†	125^†	110^†	91^†	64^†	62^†	65^†	64^†	53^†
Operating profit margin	—	—	8.2%^†	9.0%^†	9.7%^†	9.0%^†	8.1%^†	10.2%^†	11.5%^†	11.4%^†	13.8%^†
Depreciation	—	—	26^†	22^†	19^†	16^†	16^†	16^†	14^†	12^†	10^†
Interest	—	—	47^†	41^†	34^†	26^†	20^†	21^†	21^†	20^†	15^†
Exceptional items, gain / (loss)	—	—	1^†	-1^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†
Profit before tax	11.8%	21.2%	70	82	59	50	30^†	27^†	30^†	32^†	25^†
Tax	—	—	17^†	20^†	16^†	14^†	8^†	6^†	4^†	8^†	8^†
Net profit	14.0%	21.1%	54	62	43	36	22^†	21^†	26^†	24^†	17^†
EPS	10.2%	18.7%	30.45^†	35.28^†	25.72^†	22.74^†	14.06^†	12.93^†	16.51^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 17
Operating margin	8.2%^†	9.0%^†	9.7%^†	9.0%^†	8.1%^†	10.2%^†	11.5%^†	11.4%^†	13.8%^†
EBIT margin	6.9%^†	8.9%^†	8.2%^†	7.5%^†	6.4%^†	8.0%^†	9.1%^†	9.3%^†	10.4%^†
PBT margin	4.1%	6.0%	5.2%	5.0%	3.8%^†	4.4%^†	5.4%^†	5.8%^†	6.6%^†
Net margin	3.1%	4.5%	3.8%	3.6%	2.9%^†	3.4%^†	4.7%^†	4.3%^†	4.5%^†
Interest coverage	2.49x^†	3.02x^†	2.76x^†	2.93x^†	2.52x^†	2.26x^†	2.44x^†	2.62x^†	2.73x^†
Dividend payout	8.2%^†	7.1%^†	8.6%^†	7.9%^†	11.4%^†	0.0%^†	9.7%^†	—	—
Earnings retention	91.8%^†	92.9%^†	91.4%^†	92.1%^†	88.6%^†	100.0%^†	90.3%^†	—	—
Current ratio	1.39x	1.43x	—	—	—	—	—	—	—
Quick ratio	0.73x	0.81x	—	—	—	—	—	—	—
Debt to equity	0.92x	0.79x	—	—	—	—	—	—	—
Return on equity	9.3%	11.7%	—	—	—	—	—	—	—
Return on assets	4.0%	5.3%	—	—	—	—	—	—	—
Return on capital employed	18.4%^†	21.3%^†	—	—	—	—	—	—	—
Asset turnover	1.28x	1.19x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	41	-61	22	54	-13
March 31, 2025	-20	-50	72	67	-86
March 31, 2024	19	-44	16	43	-24
March 31, 2023	23	-32	14	32	-9
March 31, 2022	-14	-18	29	20	-34

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	1,338	579	561	503	28	974	699	2	319	462
March 31, 2025	1,165	530	513	396	22	839	585	2	290	364
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.