Salzer Electronics Limited (SALZERELEC) AI Stock Analysis

• Market Cap: ₹15.53B
• Dividend Yield: 0.28%
• Average Volume (3M): 10.16K
• Price to Earnings (P/E): 24.9
• Beta (1Y): 1.20
• Revenue Growth: 21.61%
• EPS Growth: 40.53%
• Country: IN
• Employees: 749
• Sector: Industrials
• Sector Strength: 84
• Industry: Electrical Equipment & Parts
• EPS (TTM): N/A
• Shares Outstanding: 17,682,737
• 10 Day Avg. Volume: 17,001
• 30 Day Avg. Volume: 10,161
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹901.00
• Price Target Upside: 4.70% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 61 Neutral
• Price Target: ₹901.00 ▲(4.70% Upside)

Salzer Electronics Limited demonstrates strong revenue growth and profitability improvements, but faces challenges in cash flow management and technical indicators suggest a bearish trend. The stock's valuation is moderate, with a low dividend yield. Overall, while the company is on a positive growth trajectory, it must address cash flow issues and improve market momentum for a stronger outlook.

Salzer Electronics Limited Business Overview & Revenue Model

Company Description

Salzer Electronics Limited is a prominent player in the electrical and electronics manufacturing sector, primarily based in India. The company specializes in producing a wide range of electrical solutions including industrial switches, wires and cables, and energy-saving devices. Salzer Electronics is known for its innovative and high-quality products that serve various industries such as engineering, construction, and energy, both domestically and internationally.

How the Company Makes Money

Salzer Electronics Limited generates revenue through the manufacturing and sale of its electrical products. The company's key revenue streams include industrial switches, wires and cables, and energy-saving devices, which are supplied to a diverse clientele across multiple industries. By leveraging its strong distribution network and technological expertise, Salzer ensures a steady demand for its products. Additionally, strategic partnerships and collaborations with global companies enhance its market reach and contribute to its financial growth. Export sales also play a significant role in the company's earnings, as Salzer continues to expand its presence in international markets.

Salzer Electronics Limited Financial Statement Overview

Summary

Salzer Electronics Limited shows strong revenue growth and improving profitability margins, particularly in gross profit margin. However, the company faces significant challenges in cash flow management with negative free cash flow, which poses risks to its financial stability. The balance sheet is stable with manageable debt levels, but leverage has increased and requires monitoring.

Income Statement

Salzer Electronics Limited shows strong revenue growth and improving profitability. The gross profit margin increased to 25.4% in 2025 from 12.6% in 2024, indicating enhanced cost management. The net profit margin remained stable at 3.2% despite a significant rise in total revenue, reflecting consistent profitability. However, the decline in EBITDA margin from 10.2% in 2024 to 9.8% in 2025 suggests some operational efficiency challenges.

Balance Sheet

The company's balance sheet exhibits moderate leverage with a debt-to-equity ratio of 0.77, indicating manageable debt levels. The equity ratio of 46.2% reflects a stable capital structure. Return on Equity (ROE) improved to 8.5% in 2025 from 9.7% in 2024, suggesting efficient use of equity. However, the increase in total debt raises potential risk if revenue growth does not continue to outpace debt growth.

Cash Flow

Cash flow management remains a challenge for Salzer Electronics Limited. The free cash flow has been negative, with a decline from -231.8 million in 2024 to -809.6 million in 2025, indicating potential liquidity constraints. The operating cash flow to net income ratio turned negative in 2025, which could impact future investments and debt servicing capabilities. The company needs to improve cash flow efficiency to support its growth trajectory.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.24B	11.64B	10.37B	8.01B	6.21B
Gross Profit	3.62B	1.47B	2.23B	1.66B	1.36B
EBITDA	1.39B	1.19B	976.18M	615.49M	566.82M
Net Income	460.31M	458.75M	387.05M	225.93M	205.17M
Balance Sheet
Total Assets	11.80B	9.93B	8.95B	7.52B	6.85B
Cash, Cash Equivalents and Short-Term Investments	180.58M	182.78M	220.43M	103.34M	134.48M
Total Debt	4.22B	3.12B	2.82B	2.52B	2.04B
Total Liabilities	6.27B	5.13B	4.82B	3.94B	3.48B
Stockholders Equity	5.45B	4.73B	4.08B	3.54B	3.32B
Cash Flow
Free Cash Flow	-809.62M	-231.82M	-151.33M	-317.92M	-47.84M
Operating Cash Flow	-112.86M	237.69M	226.73M	-122.37M	137.76M
Investing Cash Flow	-789.56M	-458.92M	-348.52M	-160.82M	-160.45M
Financing Cash Flow	905.09M	161.51M	178.22M	261.31M	44.10M

Salzer Electronics Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 860.55
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SALZERELEC, the sentiment is Neutral. The current price of 860.55 is above the 20-day moving average (MA) of 846.75, below the 50-day MA of 881.70, and below the 200-day MA of 1056.82, indicating a neutral trend. The MACD of -1.34 indicates Negative momentum. The RSI at 53.47 is Neutral, neither overbought nor oversold. The STOCH value of 54.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:SALZERELEC.

Salzer Electronics Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WHEELS	69 Neutral	₹17.75B	15.15		1.59%	-4.60%	76.04%
INDNIPPON	68 Neutral	₹18.32B	22.26		1.55%	17.61%	28.10%
Sector *	66 Neutral	€10.82B	25.68	6.80%	2.53%	4.18%	-30.62%
SALZERELEC	61 Neutral	₹15.53B	24.87		0.28%	21.61%	40.53%
INDOTECH	60 Neutral	₹18.34B	28.72		―	21.48%	36.32%
HIRECT	60 Neutral	₹32.77B	76.28		0.11%	32.24%	144.50%