ALFA Finder| Management target | Revenue 100.0% |
|---|
| Revenue growth | Q2 +38.40% YoY; H1 +25.32% YoY |
|---|---|
| Margins | Q2 EBITDA 6.89% vs 8.73% LY; H1 6.61% vs 9.11% |
| Demand visibility | Power, renewables, data centres demand; PM-DHARA ₹1.86 lakh Cr approved |
| Management confidence | Confident on margin recovery; Saudi timing conditional |
Growth
Consolidated Q2 revenue +38.40% YoY, H1 +25.32%. Q2 EBITDA +9.25%, H1 EBITDA -9.03%. H1 PAT -24.21%.
Outlook
Margins to normalise from Q3/Q4 FY27 if raw materials stable. FY27 EBITDA target inconsistent: ~10% (summary) vs 7.5–8% (segment slide).
Risks
Copper, silver, aluminium and plastics inflation compressing margins. Saudi plant delayed by Middle East conflict. Smart-meter tender delays.
Last quarter's promises, checked
Delivered
- Guided Q2 margin better than Q1 (~6%) → Q2 EBITDA 6.89% (= BEAT)
Partly delivered
- Guided Q3–Q4 EBITDA 9–9.5% → not yet reported, normalisation reiterated (= PARTIAL)
- Guided FY27 revenue growth 23–25% → H1 +25.32%, full year unreported (= PARTIAL)
- Guided export share 19% → 25% medium term → target still >25%, no Q2 share disclosed (= PARTIAL)
Missed
- Guided FY27 EBITDA 8–8.5% → current deck shows 7.5–8% (= MISS)
- Guided Saudi plant start Sep–Oct 2026 → operations April 2027 (= MISS)
- Guided new Smart-meter tenders in 'next few months' → tender delays cited (= MISS)
Investor Presentation filed with BSE, NSE: SALZERELEC. Summary written with AI assistance from the document.
Salzer Electronics Ltd: key numbers
- Share price
- ₹543.80
- Market cap
- ₹961.6 Cr
- Revenue (annual)
- ₹1,758 Cr
- Net profit (annual)
- ₹52.94 Cr
- P/E (TTM)
- 21.3×Sector 42.6×
- Promoter holding
- 37.48%+0.00% QoQ
- FII holding
- 5.91%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Salzer Electronics Ltd
All →Salzer Electronics Earnings Call Transcript: Key Takeaways
Revenue surged 38.4% YoY, but margins faced severe compression from volatile raw material costs (copper/silver).
- Call
- Guides 30% growth
Salzer Electronics Results Update
Salzer Electronics reported Q2 FY27 revenue of ₹579.77 Crore, up 38.40% YoY, and PAT of ₹14.87 Crore. Saudi Arabia facility operations now expected from April 2027.
Salzer Electronics Q2 FY27 Results: Net Profit ₹14.9 Cr, Up 11.2% YoY
Salzer Electronics Ltd reported revenue from operations of ₹579.8 Cr (+38.4% YoY) and net profit of ₹14.9 Cr (+11.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹14.9 Cr · +11.2% YoY
Salzer Electronics Board Meeting Date
Salzer Electronics Limited intimated a board meeting on 12 November 2026 to consider unaudited standalone and consolidated half-yearly results for September 2026. The trading window closes from 1 October to 14 November 2026.
Salzer Electronics Other Announcement
Salzer Electronics Limited submitted the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. This is routine compliance.
Salzer Electronics Annual General Meeting
Salzer Electronics held its 41st Annual General Meeting on September 12, 2026, where shareholders approved financial statements and the declaration of a dividend.