Coimbatore: Salzer Electronics Limited (BSE: 517059, NSE: SALZERELEC), a capital goods engineering Company offering total and customised electrical solutions, announced its audited financial results for the Fourth quarter and year ended 31st March 2026.
Consolidated Financial Performance Highlights
For the Quarter ended March 31st, 2026:
▪ Net Revenue in Q4 FY26 was Rs. 474.14 crore as against Rs. 375.73 crore in Q4 FY25, YoY growth of 26.19%. 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 15.60%
▪ EBITDA (excluding other income) was Rs. 31.26 crore in Q4 FY26 as against Rs. 29.15 crore in Q4 FY25, YoY growth of 7.25%
▪ EBITDA Margin for the quarter stood at 6.59%. Higher input costs and initial scaling up expenses exerted pressure on margins.
▪ Profit After Tax at Rs. 10.47 crore in Q4 FY26 as against Rs. 10.92 crore in Q4 FY25
▪ PAT Margin for the quarter stood at 2.21%
For the Year ended March 31st, 2026:
▪ Net Revenue in FY26 was Rs. 1,758.38 crore as against Rs. 1,418.33 crore in FY25, YoY growth of 23.98%. This growth was mainly driven by higher demand for Industrial switchgear, Wires & Cable and Building product 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 21.06%, driven by higher sales from Europe
▪ EBITDA (excluding other income) was Rs. 147.06 crore in FY26 as against Rs. 133.90 crore in FY25, YoY growth of 9.83%
▪ EBITDA Margin for the quarter stood at 8.36%
▪ Profit After Tax at Rs. 53.77 crore in FY26 as against Rs. 52.46 crore in FY25, YoY growth of 2.49%.
▪ PAT Margin for the quarter stood at 3.06%
Q4 & FY26 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 14.91% YoY and contributed 51.26% to the total revenues in this quarter and grew 20.43% YoY in FY26, contributed 56.00% to the total revenues in the nine months ended.
▪ The EBITDA Margin in this business was 8.30% in Q4 FY26 and 11.36% in FY26
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 42.80% to the total revenues this quarter and 38.87% in FY26. This division grew 42.03% YoY in Q4 FY26 and 30.39% YoY in FY26.
▪ This Division’s EBIDTA Margin stood at 4.37% in Q4 FY26 and 4.95% in FY26.
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 5.94% to the total revenue in this quarter and 5.13% in FY26. This division grew 36.04% YoY in Q4 FY26 and 15.53% in FY26.
Recent Developments during the Quarter
▪ Salzer Electronics has signed a Memorandum of Understanding (MoU) with Wirepas, a Finland-based global leader in wireless mesh technology integration. Through this partnership, Salzer will integrate the Wirepas Certified platform into its smart electricity meters to offer advanced and efficient smart metering solutions. The collaboration reflects the Company’s continued focus on innovation and strengthening smart energy infrastructure solutions in India.
