Salzer Electronics, 517059, SALZERELEC Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

243.74
10.31
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

433.98
1.05%
0.73

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

10.51
9.48
2.66

EBITDA CAGR (%)

10 Years
5 Years
3 Years

7.95
6.95
-0.59

PAT CAGR (%)

10 Years
5 Years
3 Years

9.70
3.58
-4.80

P:E (Median)

8 Years
5 Years
3 Years

10.64
84.76
45.77

P:BV (Average)

8 Years
5 Years
3 Years

0.10
0.17
0.27

EV:EBITDA (Average)

8 Years
5 Years
3 Years

17.51
27.76
17.72

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 21 Jun 20 Var% Mar 21 Mar 20 Var% Dec 20 Dec 19 Var% Sep 20 Sep 19 Var%
Net Sales 148.98 95.68 55.71% 189.69 132.30 43.38% 170.44 134.71 26.52% 149.81 137.79 8.72%
Expenses 134.18 86.09 55.86% 173.53 118.00 47.06% 153.16 118.00 29.80% 131.04 120.28 8.95%
EBITDA 14.80 9.59 54.33% 16.16 14.30 13.01% 17.28 16.71 3.41% 18.76 17.51 7.14%
EBIDTM 9.94% 10.02% 8.52% 10.81% 10.14% 12.40% 12.52% 12.70%
Other Income 0.14 0.27 -48.15% 1.44 -0.14 - 0.24 0.10 140.00% 0.04 0.26 -84.62%
Interest 5.12 4.82 6.22% 5.26 5.44 -3.31% 5.42 5.00 8.40% 5.78 5.40 7.04%
Depreciation 3.94 3.94 0.00% 4.09 3.68 11.14% 3.75 3.69 1.63% 3.82 3.60 6.11%
PBT 5.88 1.10 434.55% 8.25 5.04 63.69% 8.35 8.12 2.83% 9.20 8.76 5.02%
Tax 1.93 0.41 370.73% 1.26 -4.10 - 1.94 2.61 -25.67% 2.61 2.82 -7.45%
PAT 3.95 0.69 472.46% 6.99 9.14 -23.52% 6.41 5.51 16.33% 6.59 5.94 10.94%
PATM 2.65% 0.72% 3.68% 6.91% 3.76% 4.09% 4.40% 4.31%
EPS 2.47 0.43 474.42% 4.37 5.71 -23.47% 4.00 3.44 16.28% 4.12 3.71 11.05%

Description Jun 21 Jun 20 Var% Mar 21 Mar 20 Var% Dec 20 Dec 19 Var% Sep 20 Sep 19 Var%
Net Sales 152.63 98.24 55.36% 195.69 137.95 41.86% 176.86 140.37 26.00% 155.25 143.89 7.89%
Expenses 137.78 88.75 55.25% 178.99 123.39 45.06% 159.32 123.24 29.28% 135.95 125.48 8.34%
EBITDA 14.85 9.48 56.65% 16.70 14.56 14.70% 17.54 17.13 2.39% 19.30 18.41 4.83%
EBIDTM 9.73% 9.65% 8.53% 10.55% 9.92% 12.21% 12.43% 12.79%
Other Income 0.23 0.32 -28.12% 1.42 0.18 688.89% 0.32 0.13 146.15% 0.14 0.31 -54.84%
Interest 5.14 4.82 6.64% 5.29 5.44 -2.76% 5.44 5.02 8.37% 5.79 5.44 6.43%
Depreciation 4.05 4.04 0.25% 4.20 3.78 11.11% 3.85 3.79 1.58% 3.92 3.71 5.66%
PBT 5.89 0.89 561.80% 8.82 5.32 65.79% 8.57 8.45 1.42% 9.73 9.57 1.67%
Tax 1.94 0.41 373.17% 1.47 -4.04 - 2.05 2.64 -22.35% 2.70 3.13 -13.74%
PAT 3.96 0.49 708.16% 7.35 9.36 -21.47% 6.52 5.81 12.22% 7.03 6.44 9.16%
PATM 2.59% 0.49% 3.76% 6.78% 3.68% 4.14% 4.53% 4.47%
EPS 2.47 0.31 696.77% 4.11 5.79 -29.02% 3.96 3.59 10.31% 4.39 4.03 8.93%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Net Sales 658.92 605.62 566.95 559.77 442.77 384.98 361.13 283.30 244.53 228.73 222.88 Net Sales Growth 31.66% 6.82% 1.28% 26.42% 15.01% 6.60% 27.47% 15.85% 6.91% 2.62% Cost Of Goods Sold 510.65 461.41 410.14 408.18 314.34 271.99 250.05 190.23 163.81 153.00 150.95 Gross Profit 148.27 144.22 156.80 151.59 128.44 112.99 111.09 93.07 80.72 75.74 71.93 GP Margin 22.50% 23.81% 27.66% 27.08% 29.01% 29.35% 30.76% 32.85% 33.01% 33.11% 32.27% Total Expenditure 591.91 543.83 501.91 496.12 389.49 340.83 318.24 247.85 214.31 200.27 194.12 Power & Fuel Cost - 8.10 7.99 8.42 6.08 5.92 5.70 5.16 4.77 5.29 4.58 % Of Sales - 1.34% 1.41% 1.50% 1.37% 1.54% 1.58% 1.82% 1.95% 2.31% 2.05% Employee Cost - 24.34 26.40 24.89 19.86 18.75 16.74 14.64 12.33 11.52 9.29 % Of Sales - 4.02% 4.66% 4.45% 4.49% 4.87% 4.64% 5.17% 5.04% 5.04% 4.17% Manufacturing Exp. - 33.01 38.06 35.54 32.24 28.12 26.12 20.18 16.35 14.11 13.57 % Of Sales - 5.45% 6.71% 6.35% 7.28% 7.30% 7.23% 7.12% 6.69% 6.17% 6.09% General & Admin Exp. - 4.11 6.13 5.92 5.19 5.36 6.92 8.19 6.81 7.18 8.02 % Of Sales - 0.68% 1.08% 1.06% 1.17% 1.39% 1.92% 2.89% 2.78% 3.14% 3.60% Selling & Distn. Exp. - 10.66 11.64 11.76 11.10 10.17 11.12 9.01 10.17 9.08 7.50 % Of Sales - 1.76% 2.05% 2.10% 2.51% 2.64% 3.08% 3.18% 4.16% 3.97% 3.37% Miscellaneous Exp. - 2.20 1.55 1.42 0.69 0.53 1.58 0.44 0.07 0.08 7.50 % Of Sales - 0.36% 0.27% 0.25% 0.16% 0.14% 0.44% 0.16% 0.03% 0.03% 0.10% EBITDA 67.00 61.79 65.04 63.65 53.28 44.15 42.89 35.45 30.22 28.46 28.76 EBITDA Margin 10.17% 10.20% 11.47% 11.37% 12.03% 11.47% 11.88% 12.51% 12.36% 12.44% 12.90% Other Income 1.86 1.99 1.04 0.71 3.10 5.44 2.80 1.00 0.93 1.39 0.91 Interest 21.58 21.27 21.17 19.88 14.91 14.59 13.14 12.34 11.94 11.77 11.59 Depreciation 15.60 15.61 14.44 12.16 10.54 8.90 8.32 7.14 7.52 8.67 7.96 PBT 31.68 26.90 30.47 32.31 30.94 26.10 24.24 16.97 11.69 9.42 10.12 Tax 7.74 6.23 4.08 8.35 10.92 8.76 7.19 4.99 3.25 2.36 1.92 Tax Rate 24.43% 23.16% 13.39% 25.84% 35.29% 33.56% 29.66% 29.40% 27.80% 25.05% 18.97% PAT 23.94 20.67 26.39 23.96 20.02 17.34 17.05 11.98 8.44 7.06 8.19 PAT before Minority Interest 23.94 20.67 26.39 23.96 20.02 17.34 17.05 11.98 8.44 7.06 8.19 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 3.63% 3.41% 4.65% 4.28% 4.52% 4.50% 4.72% 4.23% 3.45% 3.09% 3.67% PAT Growth 12.50% -21.67% 10.14% 19.68% 15.46% 1.70% 42.32% 41.94% 19.55% -13.80% EPS 14.96 12.92 16.49 14.98 12.51 10.84 10.66 7.49 5.28 4.41 5.12

Description TTM Mar 21 Mar 20 Mar 06 Mar 05
Net Sales 680.43 625.74 584.35 40.98 25.60 Net Sales Growth 30.74% 7.08% 1325.94% 60.08% Cost Of Goods Sold 521.98 472.14 418.02 19.87 12.03 Gross Profit 158.45 153.60 166.33 21.10 13.57 GP Margin 23.29% 24.55% 28.46% 51.49% 53.01% Total Expenditure 612.04 562.76 517.72 35.22 22.96 Power & Fuel Cost - 8.17 8.05 0.84 0.70 % Of Sales - 1.31% 1.38% 2.05% 2.73% Employee Cost - 28.11 29.85 2.65 2.09 % Of Sales - 4.49% 5.11% 6.47% 8.16% Manufacturing Exp. - 32.86 39.85 5.36 3.92 % Of Sales - 5.25% 6.82% 13.08% 15.31% General & Admin Exp. - 6.02 7.96 4.51 3.26 % Of Sales - 0.96% 1.36% 11.01% 12.73% Selling & Distn. Exp. - 10.96 12.03 1.97 0.93 % Of Sales - 1.75% 2.06% 4.81% 3.63% Miscellaneous Exp. - 4.50 1.96 0.01 0.03 % Of Sales - 0.72% 0.34% 0.02% 0.12% EBITDA 68.39 62.98 66.63 5.76 2.64 EBITDA Margin 10.05% 10.06% 11.40% 14.06% 10.31% Other Income 2.11 2.20 1.44 0.97 1.17 Interest 21.66 21.34 21.22 1.66 0.96 Depreciation 16.02 16.01 14.76 2.17 1.73 PBT 33.01 27.82 32.09 2.89 1.12 Tax 8.16 6.63 4.48 0.56 0.23 Tax Rate 24.72% 23.67% 14.04% 19.38% 20.54% PAT 24.86 20.52 27.11 2.32 0.88 PAT before Minority Interest 23.75 21.38 27.41 2.32 0.88 Minority Interest -1.11 -0.86 -0.30 0.00 0.00 PAT Margin 3.65% 3.28% 4.64% 5.66% 3.44% PAT Growth 12.49% -24.31% 1,068.53% 163.64% EPS 15.54 12.83 16.94 1.45 0.55

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Shareholder's Funds 331.29 309.38 286.99 270.60 232.55 195.48 107.95 96.70 90.07 84.45 Share Capital 15.98 15.98 15.98 15.53 14.35 13.64 10.28 10.28 10.28 10.28 Total Reserves 315.30 293.40 271.01 254.29 217.69 176.99 95.90 86.42 79.78 74.16 Non-Current Liabilities 35.03 36.85 24.58 30.07 30.17 22.33 22.85 10.74 9.61 11.02 Secured Loans 16.27 17.78 4.21 7.65 11.82 17.68 17.33 3.87 2.01 4.03 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.88 0.45 0.62 Long Term Provisions 0.03 0.59 0.63 0.66 0.24 0.73 0.83 0.57 0.84 0.81 Current Liabilities 307.91 260.52 253.99 236.56 191.19 157.61 144.34 124.66 121.32 117.24 Trade Payables 58.81 50.40 53.83 36.31 28.42 32.91 27.12 23.08 23.46 27.63 Other Current Liabilities 63.16 53.21 62.19 71.05 57.73 35.51 36.71 21.96 25.98 33.25 Short Term Borrowings 183.28 155.91 135.60 127.78 103.05 81.33 75.00 74.80 68.04 52.35 Short Term Provisions 2.66 1.01 2.37 1.42 2.00 7.86 5.50 4.82 3.84 4.00 Total Liabilities 674.23 606.75 565.56 537.23 453.91 375.42 275.14 232.10 221.00 212.71 Net Block 210.76 206.65 182.97 166.32 138.90 102.25 77.82 68.37 65.94 62.09 Gross Block 270.88 251.31 213.67 185.19 147.63 172.82 144.19 126.66 118.85 106.34 Accumulated Depreciation 60.12 44.66 30.70 18.87 8.73 70.58 66.37 58.29 52.92 44.25 Non Current Assets 260.13 254.53 215.87 209.31 182.68 136.04 89.16 75.50 72.50 68.22 Capital Work in Progress 1.35 2.72 6.06 6.43 9.07 8.11 5.55 0.01 0.29 0.00 Non Current Investment 17.27 17.48 0.68 0.87 0.80 5.48 4.86 4.86 4.90 4.84 Long Term Loans & Adv. 15.26 11.73 18.48 25.34 33.91 20.20 0.92 2.26 1.37 1.29 Other Non Current Assets 15.49 15.95 7.68 10.35 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 414.09 352.23 349.69 327.92 271.24 239.39 185.98 156.60 148.50 144.48 Current Investments 3.90 2.25 3.00 2.22 3.87 12.04 0.80 1.24 0.93 0.86 Inventories 177.38 157.15 142.67 138.54 93.38 66.73 66.08 57.81 53.05 46.94 Sundry Debtors 178.46 142.57 146.25 117.63 117.02 99.76 77.90 57.65 61.08 59.34 Cash & Bank 10.50 8.87 14.12 10.00 12.39 12.53 9.04 11.39 10.46 13.70 Other Current Assets 43.86 4.56 2.93 3.66 44.58 48.33 32.16 28.52 22.98 23.63 Short Term Loans & Adv. 37.27 36.82 40.73 55.86 43.42 39.15 22.65 20.79 14.62 18.54 Net Current Assets 106.18 91.70 95.70 91.36 80.05 81.78 41.64 31.94 27.18 27.24 Total Assets 674.22 606.76 565.56 537.23 453.92 375.43 275.14 232.10 221.00 212.70

Description Mar 21 Mar 20 Mar 06 Mar 05
Shareholder's Funds 332.42 310.04 26.84 15.34 Share Capital 15.98 15.98 5.00 3.78 Total Reserves 316.44 294.05 21.56 11.56 Non-Current Liabilities 35.35 37.19 18.22 14.41 Secured Loans 16.27 17.78 13.95 11.01 Unsecured Loans 0.00 0.00 3.76 3.18 Long Term Provisions 0.19 0.83 0.00 0.00 Current Liabilities 313.09 265.56 5.56 3.94 Trade Payables 63.16 54.09 2.65 1.58 Other Current Liabilities 63.68 53.66 2.34 1.73 Short Term Borrowings 183.28 156.26 0.00 0.00 Short Term Provisions 2.96 1.55 0.58 0.63 Total Liabilities 684.91 616.69 50.62 33.69 Net Block 220.46 216.61 17.74 15.70 Gross Block 254.28 234.79 33.04 28.83 Accumulated Depreciation 33.82 18.17 15.30 13.12 Non Current Assets 253.66 248.17 21.03 18.97 Capital Work in Progress 1.35 2.72 0.02 0.00 Non Current Investment 0.68 0.86 3.27 3.27 Long Term Loans & Adv. 31.04 27.94 0.00 0.00 Other Non Current Assets 0.14 0.03 0.00 0.00 Current Assets 431.25 368.52 29.34 14.43 Current Investments 3.90 2.25 0.00 0.00 Inventories 180.99 160.61 7.51 5.09 Sundry Debtors 188.44 152.10 8.51 5.41 Cash & Bank 13.93 11.79 6.63 0.39 Other Current Assets 43.98 4.92 0.37 0.12 Short Term Loans & Adv. 37.30 36.85 6.32 3.43 Net Current Assets 118.16 102.96 23.78 10.50 Total Assets 684.91 616.69 50.61 33.68

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Cash From Operating Activity 13.96 35.55 51.66 4.15 0.90 -14.52 26.23 14.46 10.42 27.28 PBT 28.82 29.24 32.12 19.57 18.83 24.24 16.97 11.69 9.42 10.12 Adjustment 33.28 35.95 32.07 33.29 25.62 19.47 19.38 18.56 19.06 18.96 Changes in Working Capital -43.27 -23.80 -6.55 -40.63 -37.98 -54.65 -7.10 -13.45 -15.50 0.43 Cash after chg. in Working capital 18.83 41.39 57.64 12.22 6.47 -10.94 29.24 16.80 12.99 29.50 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -4.87 -5.84 -5.98 -8.07 -5.57 -3.59 -3.01 -2.34 -2.57 -2.23 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -16.61 -50.24 -28.29 -32.62 -13.47 -44.69 -21.93 -9.03 -12.24 -13.92 Net Fixed Assets -18.20 -34.30 -28.11 -34.92 24.23 -31.19 -23.07 -7.53 -12.80 -13.50 Net Investments -1.44 -16.05 -0.59 1.58 12.85 -11.86 0.44 -0.27 -0.13 -0.86 Others 3.03 0.11 0.41 0.72 -50.55 -1.64 0.70 -1.23 0.69 0.44 Cash from Financing Activity 4.28 9.43 -19.25 26.07 12.43 64.03 0.01 -4.30 0.01 -9.15 Net Cash Inflow / Outflow 1.63 -5.25 4.12 -2.40 -0.14 4.81 4.31 1.12 -1.81 4.20 Opening Cash & Equivalents 8.87 14.12 10.00 12.39 12.53 7.17 2.86 1.74 3.55 9.50 Closing Cash & Equivalent 10.50 8.87 14.12 1.99 5.67 11.98 7.17 2.86 1.74 13.70

Description Mar 21 Mar 20 Mar 06 Mar 05
Cash From Operating Activity 13.78 31.54 -0.96 -1.87 PBT 29.91 30.88 2.89 1.12 Adjustment 33.74 34.98 3.10 2.14 Changes in Working Capital -44.76 -27.86 -6.64 -5.00 Cash after chg. in Working capital 18.89 37.99 -0.65 -1.74 Interest Paid 0.00 0.00 0.00 0.00 Tax Paid -5.12 -6.44 -0.31 -0.13 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 Cash From Investing Activity -16.05 -49.37 -9.48 -4.95 Net Fixed Assets -18.20 -222.59 -4.23 Net Investments -1.44 -16.23 0.01 Others 3.59 189.45 -5.26 Cash from Financing Activity 4.41 12.37 10.65 6.64 Net Cash Inflow / Outflow 2.14 -5.46 0.21 -0.19 Opening Cash & Equivalents 11.79 17.25 0.39 0.57 Closing Cash & Equivalent 13.93 11.79 0.60 0.39

Financial Ratios

Standalone /

Consolidated

Description Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12
Book Value (Rs.) 207.28 193.57 179.57 179.57 161.72 139.73 103.26 94.04 87.58 82.12 ROA 3.23% 4.50% 4.34% 4.04% 4.18% 5.24% 4.72% 3.73% 3.26% 4.14% ROE 6.45% 8.85% 8.61% 7.99% 8.21% 11.49% 11.81% 9.04% 8.09% 10.08% ROCE 9.42% 11.20% 12.27% 11.84% 12.28% 14.67% 15.26% 13.83% 13.85% 15.56% Fixed Asset Turnover 2.32 2.44 2.81 2.72 2.77 2.60 2.33 2.23 2.29 2.52 Receivable days 96.74 92.97 86.03 94.47 89.17 78.79 78.48 79.11 85.36 81.56 Inventory Days 100.81 96.51 91.68 93.36 65.86 58.90 71.73 73.87 70.89 62.86 Payable days 34.97 37.43 32.63 29.15 31.77 34.26 37.13 39.20 46.95 38.83 Cash Conversion Cycle 162.57 152.05 145.09 158.68 123.26 103.43 113.08 113.77 109.30 105.58 Total Debt/Equity 0.62 0.58 0.51 0.54 0.54 0.57 0.91 0.86 0.80 0.70 Interest Cover 2.26 2.44 2.62 3.07 2.79 2.85 2.38 1.98 1.80 1.87

Description Mar 21 Mar 20 Mar 06 Mar 05
Book Value (Rs.) 207.99 193.98 52.62 39.84 ROA 3.29% 8.22% 5.51% 2.62% ROE 6.66% 16.30% 11.22% 5.86% ROCE 9.63% 19.93% 12.37% 7.11% Fixed Asset Turnover 2.56 4.36 1.32 0.89 Receivable days 99.32 50.16 61.99 77.19 Inventory Days 99.63 52.51 56.12 72.55 Payable days 36.52 19.85 22.29 25.87 Cash Conversion Cycle 162.43 82.82 95.82 123.86 Total Debt/Equity 0.61 0.58 0.67 0.94 Interest Cover 2.31 2.50 2.73 2.16

Top Investors:

hmg globetrotter

tarun kantilal vakharia

sharmin nasser

dipak kanayalal shah

iepf

Annual Reports:

News Update:

Salzer Electronics incorporates joint venture
3rd Sep 2021, 13:54 PM

The new joint venture was incorporated with an objective of making electric conversion kits for auto-rickshaws, cars and buses
Read More
Salzer Electronics incorporates wholly owned subsidiary
22nd Jul 2021, 12:17 PM

The company has incorporated wholly owned subsidiary company namely ‘Salzer Ev Infra’
Read More
Salzer Electronics inks pact to manufacture electric conversion kits
19th Jul 2021, 14:59 PM

This JV would be engaged in manufacturing electric conversion kits for auto-rickshaws, cars and buses
Read More

Salzer Electronics Ltd.

Cable

BSE: 517059 | NSE: SALZERELEC

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

Salzer Electronics Ltd.

Cable

BSE: 517059 | NSE: SALZERELEC

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Quarterly Results

Consolidated Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: