Coimbatore: Salzer Electronics Limited, a capital goods engineering Company offering total and customised electrical solutions, announced its unaudited financial results for the First quarter ended 30th June 2026.
Consolidated Financial Performance Highlights
For the Quarter ended June 30th, 2026:
▪ Net Revenue in Q1 FY27 was Rs. 498.02 crore as against Rs. 441.12 crore in Q1 FY26, YoY growth of 12.90%. This growth was mainly driven by higher demand for Industrial switchgear, wires and Cable and Building products division businesses mainly due to high demand products like three phase transformers, wire harness, relays and new product like contactors etc.
✓ Contribution from Exports at 18.60%
▪ EBITDA (excluding other income) was Rs. 31.32 crore in Q1 FY27 as against Rs. 41.76 crore in Q1s FY26
▪ EBITDA Margin for the quarter stood at 6.29%. Largely due to elevated raw material costs, particularly copper and aluminium, amid continued volatility in global commodity markets exerted pressure on margins.
▪ Profit After Tax at Rs. 8.33 crore in Q1 FY27 as against Rs. 17.22 crore in Q1 FY26
▪ PAT Margin for the quarter stood at 1.67%
Q1 FY27 performance highlights of the key businesses of Salzer Electronics Limited:
Industrial Switch Gear Division:
▪ Industrial Switchgear business division comprises of LOW voltage products such as Toroidal Transformers, Three phase transformers, Rotary Switches, Isolators, General Purpose relays, Wire Harness, Wiring Ducts, MPCB’s, Contactors & OLR’s, Control Panels, Terminal Blocks, and Sensors. This division offers around 15 products that are all internationally certified
▪ This business grew 10.33% YoY and contributed 53.58% to the total revenues in this quarter
▪ The EBITDA Margin in this business was 7.50% in Q1 FY27
Wire & Cables Division:
▪ Wires & Cables business division comprises of LOW-voltage products such as Wires & Cables, Flexible Bus Bars, Enamelled Wires, Bunched Conductors and Tinned Copper Wires
▪ This business division contributed 40.30% to the total revenues this quarter. This division grew 11.07% YoY in Q1 FY27.
▪ This Division’s EBIDTA Margin stood at 5.18% in Q1 FY27.
Building Products Division:
▪ Building Electrical Products division comprises of products such as Modular Switches, Wires & Cables, MCB’s Distribution Boards and Changeovers.
▪ This division contributed 6.12% to the total revenue in this quarter. This division grew 48.03% YoY in Q1 FY27.
Recent Developments during the Quarter
▪ Company made an additional investment in its Wholly Owned Subsidiary, Salzer EV Infra Private Limited, by acquiring 1,32,525 equity shares of Rs.10/- each for an aggregate consideration of Rs. 13.25 Lakhs. Consequently, the Company’s total investment in the equity share capital of the said subsidiary increased to Rs. 93.21 Lakhs.
▪ Company made an additional investment of Rs. 168.64 Lakhs in Effilume Private Limited, an Associate Company, by subscribing to 16,86,399 Equity Shares of Rs. 10/- each. Consequently, the Company’s total investment in the equity share capital of the said Associate Company increased to Rs. 423.97 Lakhs, representing a 46.85% equity stake in the said entity.
