SALZER ELECTRONICS LTD.-$ - 517059 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Filing of Notice of Postal Ballot11-06-2024
11-06-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
Attached Postal Ballot Notice sent to the shareholders on 11.06.202411-06-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for D Rajeshkumar & Others11-06-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation Loss of share certificate received from the shareholder05-06-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Disclosure of Transcript of Earning Call meeting held on 29.05.202403-06-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Announcement under Regulation 30 (LODR)-Newspaper Publication
forwarding of Paper clipping of Newspaper, in which the audited financial result has released30-05-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Intimation of audio record of Earning Call held on 29.05.202429-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Salzer Electronics Ltd.
Electrical Equipment Products company Salzer Electronics announced consolidated Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Net Revenue in Q4FY24 was Rs 326.57 crore as against Rs 302.73 crore in Q4FY23, YoY growth of 7.87%. This growth was driven by wires and cable and Industrial switchgear businesses combined with increase in sales prices Contribution from Exports at 24.97%. EBITDA (excluding other income) was Rs 33.08 crore in Q4FY24 as against Rs 24.67 crore in Q4FY23, YoY growth of 34.09% , mainly on account of increase in sales prices & higher contribution of the industrial switch gear business EBITDA Margin for the quarter stood at 10.13% , YoY improvement of 198 bps Profit After Tax at Rs 13.32 crore in Q4FY24 as against Rs 9.85 crore in Q4FY23, YoY growth of 35.24% PAT Margin for the quarter stood at 4.08% , YoY improvement of 83 bps FY24 Financial Highlights: Net Revenue in FY24, Rs 1,166.31 crore as against Rs 1,037.17 crore in FY23, YoY growth of 12.45%, driven by business of Industrial switchgear and wire & cable businesses Contribution from exports was 26.93% in FY24 EBITDA (excluding other income) stood at Rs 116.98 crore in FY24 as against Rs 95.90 crore in FY23, YoY growth of 21.98%, mainly on account of reduced raw material prices as well as increase in the sales price EBITDA Margin at 10.03%, YoY improvement of 78 bps Profit After Tax was at Rs 47.07 crore in FY24 as against Rs 39.62 crore in FY23, YoY growth of 18.80% PAT Margin stood at 4.04% in FY24, a YoY improvement of 22 bps Commenting on this, Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics Ltd said: “During the fourth quarter of the fiscal year, the consolidated revenue grew over 8% to Rs 326.57 crore. The EBITDA was at Rs 33.08 crore, a year on year increase of 34.1% while the PAT increased by 35.2% to Rs 13.32 crore. The consolidated revenue for the full year was Rs 1,166.31 crore, a year on year growth of over 12%. The EBITDA grew by 22.0% at Rs 116.98 crore while the PAT growth was 18.8% at Rs 47.07 crore. We have observed a positive trend in the increase of our sales prices, and we anticipate this momentum to persist, contributing to the improvement of our EBITDA Margins. Our strategic focus is on sustaining a wellbalanced business mix between industrial switchgear and wires & cables products to effectively improve the overall gross margin. We are committed to sustaining this growth trajectory as we aim for new heights of accomplishment. The company has demonstrated robust performance, with sales revenue and profitability showing growth in Q4 & full year driven by businesses of Industrial Switchgear and Wires & Cables. Export markets have also been instrumental in revenue generation, with Salzer actively pursuing expansion initiatives in regions such as Australia, New Zealand, and the Middle East, while anticipating continued growth in its switchgear business. This year, Salzer Electronics achieved noteworthy milestones in product development. Most notably, we successfully created a Smart Meter facility and received BIS certification. At Salzer, innovation is ingrained in our strategy, and our robust product offerings and strong brand position in the market position us to establish new benchmarks for the future. With a positive outlook on both domestic and export prospects, we maintain optimism regarding our overall business performance. I thank the entire team at Salzer Electronics for their untiring efforts and all our stakeholders for their continued support and faith in our Company.” Result PDF29-05-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Results of Q4FY2429-05-2024
SALZER ELECTRONICS LTD.-$ - 517059 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Media Release on the Result of Q4FY2429-05-2024