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Salzer Electronics share price

Salzer Electronics Ltd.

NSE: SALZERELEC BSE: 517059 SECTOR: Electric Equipment  39k   74   6

797.40
-9.65 (-1.20%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 819.85

Today's Low

₹ 776.25

52 Week High

₹ 888

52 Week Low

₹ 267

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

1386.1 Cr.

Enterprise Value

1650.63 Cr.

No. of Shares

1.74 Cr.

P/E

34.6

P/B

3.02

Face Value

₹ 10

Div. Yield

0.28 %

Book Value (TTM)

₹  263.64

CASH

12.65 Cr.

DEBT

277.18 Cr.

Promoter Holding

37.32 %

EPS (TTM)

₹  23.05

Sales Growth

29.29%

ROE

9.8 %

ROCE

11.9%

Profit Growth

61.74 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year29.29%
3 Year21.35%
5 Year18%

Profit Growth

1 Year61.74%
3 Year11.28%
5 Year12.68%

ROE%

1 Year9.8%
3 Year7.61%
5 Year8.06%

ROCE %

1 Year11.9%
3 Year10.03%
5 Year10.71%

Debt/Equity

0.7101

Price to Cash Flow

60.11

Interest Cover Ratio

2.93202568225691

CFO/PAT (5 Yr. Avg.)

0.848879723519337

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 37.32 22.92
Dec 2023 37.21 22.99
Sep 2023 35.13 0
Jun 2023 33.94 0
Mar 2023 33.18 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 21.3516483599194% for the Past 3 years.
  • Company’s PEG ratio is 0.579142327855152.

 Limitations

  • Company has a poor ROE of 7.6142099542601% over the past 3 years.
  • Promoter pledging is high as 22.92%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 239.95 295.12 281.86 273.69 262.46
Total Expenditure 216.2 271.82 257.25 248.41 233.06
Operating Profit 23.74 23.3 24.61 25.27 29.4
Other Income 0.48 0.19 0.58 0.4 0.53
Interest 6.66 7.65 7.89 8.21 8.61
Depreciation 4.07 4.08 4.4 4.9 4.61
Exceptional Items 0 0 0 0 0
Profit Before Tax 13.48 11.75 12.9 12.57 16.72
Tax 3.81 2.8 3.6 3.19 4.29
Profit After Tax 9.67 8.96 9.3 9.38 12.43
Adjusted EPS (Rs) 6.05 5.53 5.67 5.62 7.15

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 559.77 566.95 605.62 783.63 1013.17
Total Expenditure 496.12 501.91 543.83 719.85 922.03
Operating Profit 63.65 65.04 61.79 63.78 91.14
Other Income 0.71 1.04 1.99 2.18 1.37
Interest 19.88 21.17 21.27 19.81 26.06
Depreciation 12.16 14.44 15.61 16.01 16.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 32.31 30.47 26.9 30.15 50.34
Tax 8.35 4.08 6.23 7.67 13.98
Net Profit 23.96 26.39 20.67 22.48 36.36
Adjusted EPS (Rs.) 14.99 16.51 12.93 14.07 22.47

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 15.98 15.98 15.98 15.98 16.18
Total Reserves 271.01 293.4 315.3 335.48 386.71
Borrowings 4.21 17.78 16.27 12.41 7.78
Other N/C liabilities 20.37 19.08 18.77 19.61 22.4
Current liabilities 253.99 260.52 307.91 358.31 443.26
Total Liabilities 565.56 606.76 674.23 741.79 876.33
Assets
Net Block 182.97 206.65 210.77 214.44 230.52
Capital WIP 6.06 2.72 1.35 0.78 0.63
Intangible WIP 0 0 0 0 0
Investments 0.68 17.48 17.26 17.45 17.63
Loans & Advances 18.48 11.73 30.76 28.48 20.21
Other N/C Assets 7.68 15.95 0 0.01 0.01
Current Assets 349.69 352.23 414.09 480.64 607.35
Total Assets 565.56 606.76 674.23 741.79 876.33
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 32.12 29.24 28.82 30.15 50.34
Adjustment 32.07 35.95 33.28 33.89 41.48
Changes in Assets & Liabilities -6.55 -23.8 -43.27 -69.01 -57.41
Tax Paid -5.98 -5.84 -4.87 -9.03 -11.35
Operating Cash Flow 51.66 35.55 13.96 -14.01 23.06
Investing Cash Flow -28.29 -50.24 -16.61 -17.75 -32.44
Financing Cash Flow -19.25 9.43 4.28 29.3 13.99
Net Cash Flow 4.12 -5.25 1.63 -2.46 4.61

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 33.18 33.94 35.13 37.21 37.32
d rajeshkumar . 1.62 1.60 1.57 1.51 1.51
doraiswamy vishnurangaswa... 4.84 4.78 4.70 4.53 4.66
k.r. health care (p) ltd 3.12 3.08 3.03 2.91 2.91
quebec information servic... 4.37 4.31 4.24 6.37 6.37
r doraiswamy . 1.97 1.95 1.91 1.84 1.81
r thilagam . 3.00 2.97 2.91 2.80 2.80
ramaswamy pappammal 0.37 0.37 0.36 0.34 0.34
salzer exports ltd 2.38 3.57 4.71 4.52 4.52
salzer securities holding... 0.66 0.65 0.64 0.62 0.62
salzer spinners limited - - - 1.73 1.73
samhita rajesh 0.16 0.16 0.15 0.15 0.15
saradha investments limit... 4.95 4.89 5.40 5.19 5.19
srve industries limited 5.08 5.02 4.93 4.73 4.73
salzer magnet wires ltd 0.65 0.59 0.57 - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 66.82 66.06 64.87 62.79 62.68
carnelian asset managemen... 1.08 1.07 1.05 1.01 1.01
dolly khanna - - 1.06 1.00 1.04
hmg globetrotter 4.45 4.15 4.08 3.13 2.59
investor education and pr... - - - 1.13 1.13
shalu aggarwal - - 1.20 1.15 1.50
tarun kantilal vakharia 1.53 1.51 1.48 1.42 1.41
investor education and pr... 1.16 1.15 1.13 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Salzer Electronics informs about analyst meet outcome20 Mar 2024, 1:00PM Salzer Electronics informs about disclosures 2 Mar 2024, 3:14PM Salzer Electronics establishing Smart Meter manufacturing business in Coimbatore22 Feb 2024, 3:11PM Salzer Electronics - Quaterly Results8 Feb 2024, 1:50PM Salzer Electronics - Quaterly Results8 Feb 2024, 1:50PM Salzer Electronics - Quaterly Results8 Feb 2024, 1:50PM Salzer Electronic informs about allotment of equity shares 13 Dec 2023, 2:38PM Salzer Electronics informs about disclosure 8 Dec 2023, 5:30PM Salzer Electronics informs about disclosures 5 Dec 2023, 12:44PM Salzer Electronics informs about disclosure 5 Dec 2023, 12:19PM Salzer Electronics informs about disclosure28 Nov 2023, 12:28PM Salzer Electronics informs about disclosure 22 Nov 2023, 5:21PM Salzer Electronics informs about details of loss of certificate18 Nov 2023, 3:29PM Salzer Electronics informs about loss of share certificate 15 Nov 2023, 2:13PM Salzer Electronics - Quaterly Results4 Nov 2023, 2:34PM Salzer Electronics - Quaterly Results4 Nov 2023, 2:34PM Salzer Electronics - Quaterly Results4 Nov 2023, 2:34PM Salzer Electronics informs about loss of share certificate27 Oct 2023, 2:39PM Salzer Electronics informs about clarification17 Oct 2023, 2:42PM Salzer Electronics informs about closure of trading window 30 Sep 2023, 11:38AM Salzer Electronics informs about disclosure 31 Aug 2023, 10:48AM Salzer Electronics informs about annual report18 Aug 2023, 4:35PM Salzer Electronics - Quaterly Results7 Aug 2023, 6:12AM Salzer Electronics - Quaterly Results7 Aug 2023, 6:12AM Salzer Electronics informs about disclosure 28 Jul 2023, 5:22PM Salzer Electronics informs about loss of share certificates25 Jul 2023, 2:38PM Salzer Electronics informs about loss of share certificate20 Jul 2023, 4:17PM Salzer Electronics informs about loss of share certificate 4 Jul 2023, 12:45PM Salzer Electronics informs about loss of share certificate 3 Jun 2023, 2:59PM Salzer Electronics - Quaterly Results24 May 2023, 2:18PM Salzer Electronics - Quaterly Results24 May 2023, 2:18PM Salzer Electronics - Quaterly Results24 May 2023, 2:18PM Salzer Electronics informs about trading window closure30 Mar 2023, 2:06PM Salzer Electronics informs about plant visit of analysts 27 Feb 2023, 5:03PM Salzer Electronics informs about loss of share certificate 27 Feb 2023, 3:52PM Salzer Electronics - Quaterly Results10 Feb 2023, 12:58PM Salzer Electronics - Quaterly Results10 Feb 2023, 12:58PM Salzer Electronics - Quaterly Results10 Feb 2023, 12:58PM Salzer Electronics sets up new manufacturing facility at Hosur23 Jan 2023, 1:00PM Salzer Electronics informs about loss of share certificate19 Jan 2023, 5:21PM Salzer Electronics informs about disclosure20 Dec 2022, 3:53PM Salzer Electronics informs about disclosure16 Dec 2022, 4:07PM Salzer Electronics informs about conference call with analysts15 Dec 2022, 4:18PM Salzer Electronics informs about loss of share certificate 26 Nov 2022, 2:35PM Salzer Electronics informs about newspaper advertisement18 Nov 2022, 5:09PM Salzer Electronics informs about newspaper publication16 Nov 2022, 5:06PM Salzer Electronics - Quaterly Results10 Nov 2022, 1:46PM Salzer Electronics - Quaterly Results10 Nov 2022, 1:46PM Salzer Electronics - Quaterly Results10 Nov 2022, 1:46PM Salzer Electronics - Quaterly Results8 Aug 2022, 6:08PM

Salzer Electronics Stock Price Analysis and Quick Research Report. Is Salzer Electronics an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Salzer Electronics has a PE ratio of 34.8731255206887 which is high and comparatively overvalued .

  • Share Price: - The current share price of Salzer Electronics is Rs 803.7. One can use valuation calculators of ticker to know if Salzer Electronics share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Salzer Electronics has ROA of 4.49433827633211 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Salzer Electronics has a Current ratio of 1.37017728139649 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Salzer Electronics has a ROE of 9.80335275478421 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Salzer Electronics has a D/E ratio of 0.7101 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Salzer Electronics has an Inventory turnover ratio of 4.10395514827907 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Salzer Electronics has reported revenue growth of 29.2909818754442 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Salzer Electronics for the current financial year is 8.9956263864943 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Salzer Electronics is Rs 2.2 and the yield is 0.2728 %.

 

Last Updated on:
Brief about Salzer Electronics
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