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Resistance/Support
Delivery and Volume
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Salzer Electronics Ltd Performance

Today's Low
781.50
arrowIcon
Today's High
813.90
52 Wk Low
265.75
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52 Wk High
890.00


Open

788.95

Traded Value (Cr)

1.66

Prev. Close

797.7

Face Value

10

Volume

20748

Salzer Electronics Ltd Fundamentals

Market Cap
₹ 1389.84 Cr
P/E Ratio (TTM)
32.63
P/B Ratio
3.08
Debt to Equity
0.70
ROE
9.64
EPS (TTM)
24.50
Dividend Yield
0.26 %
Book Value
259.90

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Salzer Electronics Ltd Financials

Salzer Electronics Ltd Financials

Salzer Electronics Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Dec 2023 Sep 2023
Retail 48.18 % 47.69 % 48.05 % 47.59 %
Promoters 37.32 % 37.21 % 37.21 % 35.13 %
Others 11.30 % 11.17 % 11.04 % 11.22 %
FII 3.20 % 3.93 % 3.70 % 6.06 %
Mutual Funds 0.00 % 0.00 % 0.00 % 0.00 %

Retail

48.18%

Promoters

37.32%

Others

11.30%

FII

3.20%

Mutual Funds

0.00%

Retail

47.69%

Promoters

37.21%

Others

11.17%

FII

3.93%

Mutual Funds

0.00%

Retail

48.05%

Promoters

37.21%

Others

11.04%

FII

3.70%

Mutual Funds

0.00%

Retail

47.59%

Promoters

35.13%

Others

11.22%

FII

6.06%

Mutual Funds

0.00%

Resistance and Support

₹797.70

PIVOT

resistance-arrow
Resistance
First Resistance₹813.900
Second Resistance₹830.100
Third Resistance₹846.300
support-arrow
Support
First Support₹781.500
Second Support₹765.300
Third Support₹749.100

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day41,75313,51065.11
Week20,74832,212-48.07
1 Month20,74850,536-48.07
6 Months22,288,7979,492,82550.80

About Salzer Electronics Ltd

Salzer Electronics Limited was incorporated on January 08, 1985. The Company is among leading players offering Total and Customized Electrical Solutions in Switchgears, Wires & Cables and Energy Management business in India. It caters to a wide range of products with five In-house manufacturing facilities located in Coimbatore. The Company has a wide distribution network locally and globally, exporting to more than 40 countries. In India, Salzer markets its products through own distributors and more than 350 local distributors of L&T. Promoted by Salzer Group, the Company was established for manufacture of electrical installation products such as CAM operated rotary switches, switch gear products and allied products and is an ongoing concern since then. Prior to this, it was engaged in manufacture of Cam Operated Rotary Switches, Terminal Connectors & On Load Isolators. The company introduced new products such as 'S' Line series,Phase changing control panels and Switch fuse units in the year 1990. The company has made an entry in Australian Market in 1991 through the dealer VGL IMPEX PTY LTD,Australia and the quality of the products are been well accepted in Singapore,Malaysia,Australia,Greek,USA and Middle East. The company has commissioned a Wind Mill of 225 KW capacity in the year 1995 at Kathenur in Coimbatore to generate power from the wind for captive consumption. In 1996, M/s Salzer Exports Pvt Ltd became the subsidiary of Salzer Electronics Limited.Later M/s Salzer Spinners Limited became subsidiary of Salzer Electronics Limited. In the same year,the company had issued Bonus Shares at the ratio of 1:1. Further the company has also issued Right Shares at the ratio of 1:1 immediately after the Bonus Issue. Consequently,the paid up share capital of the company has been increased from Rs.0.72 crores to Rs.2.41 crores after Bonus and followed by the Rights Issue. The present Issued & Paid up Share Capital of the company is Rs.2.75 crores. The company had amalgamated M/s Salzer Controls Limited(SCL) with the due approval from High Court of Chennai in 2001-02. The present installed capacity of Cam Operated Rotary Switches,Terminal Connectors and On Load Isolators are 10,00,000 nos, 5,00,000 nos, 1,00,000 nos respectively. The Company is also contemplating to develop new products of electro mechanical switches to meet the requirements of the automobile industry. It is also roping with L & T Ltd and Crompton Greaves Ltd for marketing its products both in domestic and international markets. In 2006-07, the Company established a joint venture company, Salzer Global Services, LLC, which acquired 50% control of M/s. Global Technicaltalent Inc. In 2007, the Company accordingly disinvested its holdings of 2,40,000 equity shares of Rs. 10/- each in M/s.Salzer Exports Ltd for a value of Rs.52.80 lakhs and similarly disinvested 5,36,000 equity shares in Salzer Spinners Limited for a value of Rs. 16.08 lakhs. It established a unit at UNA, Jalgran Tabba, for manufacture of modular switches. It implemented an Energy Saver project in the North Zone of Madurai Municipal Corporation by installing around 375 Energy Saving equipments at a project cost of Rs. 190 lakhs to save the electricity consumption. During the year 2007, a separate company was incorporated by name M/s.Salzer Cables Limited, to implement this project at a project cost of Rs. 1550 lakhs. It invested USD 300,000 in Salzer Global Services LLC, a limited liability company in the State of New Hampshire, USA to further the presence of Salzer in the international market consistently. With the approval of the shareholders of both Transferor (Salzer Gables Ltd) and Transferee Company (Salzer Electronics Ltd) and also with the sanction of the Hon'ble High Court of Judicature at Madras, the Salzer Cables Ltd was merged with Salzer Electronics Ltd with effect from 01 April, 2008 and consequent upon the Merger, the paid-up capital of the Transferee Company (SEL) increased from Rs. 662.50 lakhs to Rs. 1028.37 lakhs. In 2014, the Company formed a joint venture, M/s.Salzer Global Services, LLC, USA (SGS) with 40% controlling interest in United States. As part of diversification, M/s. Salzer Global Services, LLC acquired 100% controlling interest in a IT and ITES Corporation viz., M/s.Global Technical Talent, Inc, USA, a leading outsourcing firm providing services for the IT and ITES companies in USA and Canada. The Company in 2015 entered into a strategic alliance with C3 Controls, and started manufacturing contactors. It innovated and designed two new products, fuse change over system' for railway signalling and track feed battery system' for changing over the battery chargers in the railway track feeding system for the Indian Railways. In FY 2015-16, the Company sold out around 13% stake in Salzer Global Services LLC, USA which is having complete controlling interest in Global Technical Talent, INC, USA. During the year 2016, Larsen & Toubro Limited, which held 26,79,808 equity shares constituting 26.06% of equity stake in the Company, sold off its entire holdings as a part of its treasury transactions. During Financial year 2016-17, the Company disinvested balance 27% stake in Salzer Global Services LLC, USA taking into account the business exigencies. In 2018-19, Company acquired the whole of business undertaking of Wire and Cable Segment from Salzer Magnet Wires Limited (SMWL) on slump- sale basis as a going concern in pursuance of Business Transfer Agreement effective March 08, 2019, and resultant, SMWL transferred all its Assets and Liabilities for a total value of Rs 2,029.10 Lakhs for consideration other than cash. M/s. Kaycee Industries Ltd, became a Subsidiary of the Company effective from July 11, 2019. In 2022, the Company formed a joint venture company named Salzer Kostad EV Chargers Pvt Ltd, with an Austria-based company. The company, through its wholly owned subsidiary, Salzer EV Infra Pvt. Ltd., formed a JV named Salzer EMarch Electromobility Pvt. Ltd., in association with EMarch LLP (IndoAustrian technology firm with abundant resource and knowledge in Electric Conversion Kits & power electronics).

Managing Director

1985

Founded

D Rajeshkumar

NSE Symbol

SALZERELEC

Salzer Electronics Ltd Management

NameDesignation
N RangacharyChairman & Independent Directo
D RajeshkumarManaging Director
R DoraiswamyJoint Managing Director & CFO
Rajeshkumar ThilagamNon Executive Women Director
N JayabalIndependent Non Exe. Director
P RamachandranWhole-time Director
Nirmal Kumar M ChandriaIndependent Non Exe. Director
P K ShahIndependent Non Exe. Director
V SankaranIndependent Non Exe. Director
Vishnu RangaswamyIndependent Non Exe. Director

Events

Dividend Announcement for Salzer Electronics Ltd - May 24, 2023

On May 24, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 22.0%. This dividend percentage reflec...

Read More

Salzer Electronics Ltd News

Salzer Electronics to hold board meeting
On 28 May 2024
Salzer Electronics consolidated net profit rises 28.03% in the December 2023 quarter
Sales rise 10.08% to Rs 270.35 crore
Salzer Electronics schedules board meeting
On 8 February 2024
Salzer Electronics allots 7 lakh equity shares on conversion of warrants
Salzer Electronics secures 20-year patent for ACCL technology
In a strategic move to further expand the reach of this product, Salzer Electronics has established partnerships with major players in the electrical industry in India.
Salzer Electronics consolidated net profit rises 4.79% in the September 2023 quarter
Sales rise 14.29% to Rs 280.72 crore
Salzer Electronics announces board meeting date
On 4 November 2023
Salzer Electronics
Sales up 21%, net up 23%
Salzer Electronics consolidated net profit rises 22.56% in the June 2023 quarter
Sales rise 21.34% to Rs 288.67 crore
Salzer Electronics to declare Quarterly Result
On 7 August 2023

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Salzer Electronics Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Salzer Electronics Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Salzer Electronics Ltd's share price is ₹797.70 as of May 18, 2024 at 01:44 PM

Salzer Electronics Ltd's P/E ratio is 32.63 times as of May 18, 2024 at 01:44 PM.

Salzer Electronics Ltd's most recent financial reports indicate a price-to-book ratio of 3.08, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Salzer Electronics Ltd's market is 1,390 Cr as on May 18, 2024 at 01:44 PM.

The current financial records of Salzer Electronics Ltd show a 9.64% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Salzer Electronics Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Salzer Electronics Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Salzer Electronics Ltd's 52-week high and low as of May 18, 2024 at 01:44 PM are ₹890 and ₹890 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Salzer Electronics Ltd stands at 37.32%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 3.93% to 3.20%.