Nifty

:

16945.05

Sensex

:

57527.10

-131.85 (-0.77%)
-398.18 (-0.69%)

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Nifty
Sensex

:
:

16945.05
57527.10

-131.85 (-0.77%)
-398.18 (-0.69%)

Salzer Electronics Ltd.

Cable

Rating :

57/99

BSE: 517059 | NSE: SALZERELEC

Watchlist

NSE BSE

246.35

24-Mar-2023

Day's Open
Day's High
Day's Low
Previous Close

252.00
254.00
243.55
249.70

Volume
Traded Value (lacs)
52 Week High
52 Week Low

100695
249.82
332.00
160.00

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

398.10
12.82
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

638.79
0.73%
1.03

Chart

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

Revenue CAGR (%)

10 Years
5 Years
3 Years

13.10
12.10
11.20

EBITDA CAGR (%)

10 Years
5 Years
3 Years

8.40
3.66
-0.12

PAT CAGR (%)

10 Years
5 Years
3 Years

12.28
2.34
-5.90

P:E (Median)

8 Years
5 Years
3 Years

14.29
14.60
12.04

P:BV (Average)

8 Years
5 Years
3 Years

0.28
0.44
0.72

EV:EBITDA (Average)

8 Years
5 Years
3 Years

18.75
17.67
7.44

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Dec 22 Dec 21 Var% Sep 22 Sep 21 Var% Jun 22 Jun 21 Var% Mar 22 Mar 21 Var%
Net Sales 239.95 211.83 13.27% 244.96 194.81 25.74% 233.06 148.98 56.44% 228.02 189.69 20.21%
Expenses 216.20 194.15 11.36% 220.47 176.39 24.99% 213.44 134.18 59.07% 215.13 173.53 23.97%
EBITDA 23.74 17.68 34.28% 24.48 18.41 32.97% 19.62 14.80 32.57% 12.89 16.16 -20.24%
EBIDTM 9.89% 8.35% 10.00% 9.45% 8.42% 9.94% 5.65% 8.52%
Other Income 0.48 0.88 -45.45% -0.37 0.81 - 1.07 0.14 664.29% 0.35 1.44 -75.69%
Interest 6.66 4.97 34.00% 6.13 4.69 30.70% 5.61 5.12 9.57% 5.02 5.26 -4.56%
Depreciation 4.07 3.93 3.56% 4.01 4.08 -1.72% 3.95 3.94 0.25% 4.05 4.09 -0.98%
PBT 13.48 9.66 39.54% 13.97 10.45 33.68% 11.13 5.88 89.29% 4.16 8.25 -49.58%
Tax 3.81 2.42 57.44% 5.02 2.98 68.46% 2.35 1.93 21.76% 0.34 1.26 -73.02%
PAT 9.67 7.25 33.38% 8.96 7.46 20.11% 8.78 3.95 122.28% 3.83 6.99 -45.21%
PATM 4.03% 3.42% 3.66% 3.83% 3.77% 2.65% 1.68% 3.68%
EPS 6.04 4.53 33.33% 5.60 4.66 20.17% 5.49 2.47 122.27% 2.39 4.37 -45.31%

Description Dec 22 Dec 21 Var% Sep 22 Sep 21 Var% Jun 22 Jun 21 Var% Mar 22 Mar 21 Var%
Net Sales 245.60 218.82 12.24% 245.62 200.02 22.80% 237.90 152.63 55.87% 238.87 195.69 22.07%
Expenses 220.70 200.43 10.11% 219.99 180.93 21.59% 217.21 137.78 57.65% 224.96 178.99 25.68%
EBITDA 24.90 18.40 35.33% 25.63 19.09 34.26% 20.69 14.85 39.33% 13.91 16.70 -16.71%
EBIDTM 10.14% 8.41% 10.44% 9.54% 8.70% 9.73% 5.82% 8.53%
Other Income 0.62 0.83 -25.30% -0.48 0.89 - 1.23 0.23 434.78% 0.53 1.42 -62.68%
Interest 6.67 5.00 33.40% 6.14 4.70 30.64% 5.62 5.14 9.34% 5.04 5.29 -4.73%
Depreciation 4.16 4.00 4.00% 4.09 4.16 -1.68% 4.03 4.05 -0.49% 4.13 4.20 -1.67%
PBT 14.71 10.22 43.93% 14.93 11.12 34.26% 12.27 5.89 108.32% 5.27 8.82 -40.25%
Tax 4.19 2.57 63.04% 5.32 3.09 72.17% 2.63 1.94 35.57% 0.70 1.47 -52.38%
PAT 10.52 7.65 37.52% 9.61 8.03 19.68% 9.64 3.96 143.43% 4.57 7.35 -37.82%
PATM 4.28% 3.49% 3.91% 4.01% 4.05% 2.59% 1.91% 3.76%
EPS 6.45 5.23 23.33% 5.87 4.93 19.07% 5.07 2.47 105.26% 2.03 4.11 -50.61%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Net Sales 945.99 783.63 605.62 566.95 559.77 442.77 384.98 361.13 283.30 244.53 228.73 Net Sales Growth 26.93% 29.39% 6.82% 1.28% 26.42% 15.01% 6.60% 27.47% 15.85% 6.91% Cost Of Goods Sold 747.27 608.79 461.41 410.14 408.18 314.34 271.99 250.05 190.23 163.81 153.00 Gross Profit 198.72 174.84 144.22 156.80 151.59 128.44 112.99 111.09 93.07 80.72 75.74 GP Margin 21.01% 22.31% 23.81% 27.66% 27.08% 29.01% 29.35% 30.76% 32.85% 33.01% 33.11% Total Expenditure 865.24 719.85 543.83 501.91 496.12 389.49 340.83 318.24 247.85 214.31 200.27 Power & Fuel Cost - 8.79 8.10 7.99 8.42 6.08 5.92 5.70 5.16 4.77 5.29 % Of Sales - 1.12% 1.34% 1.41% 1.50% 1.37% 1.54% 1.58% 1.82% 1.95% 2.31% Employee Cost - 29.40 24.34 26.40 24.89 19.86 18.75 16.74 14.64 12.33 11.52 % Of Sales - 3.75% 4.02% 4.66% 4.45% 4.49% 4.87% 4.64% 5.17% 5.04% 5.04% Manufacturing Exp. - 48.02 33.01 38.06 35.54 32.24 28.12 26.12 20.18 16.35 14.11 % Of Sales - 6.13% 5.45% 6.71% 6.35% 7.28% 7.30% 7.23% 7.12% 6.69% 6.17% General & Admin Exp. - 5.51 4.11 6.13 5.92 5.19 5.36 6.92 8.19 6.81 7.18 % Of Sales - 0.70% 0.68% 1.08% 1.06% 1.17% 1.39% 1.92% 2.89% 2.78% 3.14% Selling & Distn. Exp. - 18.25 10.66 11.64 11.76 11.10 10.17 11.12 9.01 10.17 9.08 % Of Sales - 2.33% 1.76% 2.05% 2.10% 2.51% 2.64% 3.08% 3.18% 4.16% 3.97% Miscellaneous Exp. - 1.08 2.20 1.55 1.42 0.69 0.53 1.58 0.44 0.07 9.08 % Of Sales - 0.14% 0.36% 0.27% 0.25% 0.16% 0.14% 0.44% 0.16% 0.03% 0.03% EBITDA 80.73 63.78 61.79 65.04 63.65 53.28 44.15 42.89 35.45 30.22 28.46 EBITDA Margin 8.53% 8.14% 10.20% 11.47% 11.37% 12.03% 11.47% 11.88% 12.51% 12.36% 12.44% Other Income 1.53 2.18 1.99 1.04 0.71 3.10 5.44 2.80 1.00 0.93 1.39 Interest 23.42 19.81 21.27 21.17 19.88 14.91 14.59 13.14 12.34 11.94 11.77 Depreciation 16.08 16.01 15.61 14.44 12.16 10.54 8.90 8.32 7.14 7.52 8.67 PBT 42.74 30.15 26.90 30.47 32.31 30.94 26.10 24.24 16.97 11.69 9.42 Tax 11.52 7.67 6.23 4.08 8.35 10.92 8.76 7.19 4.99 3.25 2.36 Tax Rate 26.95% 25.44% 23.16% 13.39% 25.84% 35.29% 33.56% 29.66% 29.40% 27.80% 25.05% PAT 31.24 22.48 20.67 26.39 23.96 20.02 17.34 17.05 11.98 8.44 7.06 PAT before Minority Interest 31.24 22.48 20.67 26.39 23.96 20.02 17.34 17.05 11.98 8.44 7.06 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 3.30% 2.87% 3.41% 4.65% 4.28% 4.52% 4.50% 4.72% 4.23% 3.45% 3.09% PAT Growth 21.79% 8.76% -21.67% 10.14% 19.68% 15.46% 1.70% 42.32% 41.94% 19.55% EPS 19.53 14.05 12.92 16.49 14.98 12.51 10.84 10.66 7.49 5.28 4.41

Description TTM Mar 22 Mar 21 Mar 20 Mar 06 Mar 05
Net Sales 967.99 803.54 625.74 584.35 40.98 25.60 Net Sales Growth 26.18% 28.41% 7.08% 1325.94% 60.08% Cost Of Goods Sold 754.38 617.18 472.14 418.02 19.87 12.03 Gross Profit 213.61 186.37 153.60 166.33 21.10 13.57 GP Margin 22.07% 23.19% 24.55% 28.46% 51.49% 53.01% Total Expenditure 882.86 737.30 562.76 517.72 35.22 22.96 Power & Fuel Cost - 8.87 8.17 8.05 0.84 0.70 % Of Sales - 1.10% 1.31% 1.38% 2.05% 2.73% Employee Cost - 33.60 28.11 29.85 2.65 2.09 % Of Sales - 4.18% 4.49% 5.11% 6.47% 8.16% Manufacturing Exp. - 49.97 32.86 39.85 5.36 3.92 % Of Sales - 6.22% 5.25% 6.82% 13.08% 15.31% General & Admin Exp. - 7.95 6.02 7.96 4.51 3.26 % Of Sales - 0.99% 0.96% 1.36% 11.01% 12.73% Selling & Distn. Exp. - 18.42 10.96 12.03 1.97 0.93 % Of Sales - 2.29% 1.75% 2.06% 4.81% 3.63% Miscellaneous Exp. - 1.32 4.50 1.96 0.01 0.03 % Of Sales - 0.16% 0.72% 0.34% 0.02% 0.12% EBITDA 85.13 66.24 62.98 66.63 5.76 2.64 EBITDA Margin 8.79% 8.24% 10.06% 11.40% 14.06% 10.31% Other Income 1.90 2.48 2.20 1.44 0.97 1.17 Interest 23.47 19.88 21.34 21.22 1.66 0.96 Depreciation 16.41 16.33 16.01 14.76 2.17 1.73 PBT 47.18 32.51 27.82 32.09 2.89 1.12 Tax 12.84 8.30 6.63 4.48 0.56 0.23 Tax Rate 27.21% 25.53% 23.67% 14.04% 19.38% 20.54% PAT 34.34 22.59 20.52 27.11 2.32 0.88 PAT before Minority Interest 31.05 24.20 21.38 27.41 2.32 0.88 Minority Interest -3.29 -1.61 -0.86 -0.30 0.00 0.00 PAT Margin 3.55% 2.81% 3.28% 4.64% 5.66% 3.44% PAT Growth 27.23% 10.09% -24.31% 1,068.53% 163.64% EPS 21.46 14.12 12.83 16.94 1.45 0.55

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Shareholder's Funds 351.47 331.29 309.38 286.99 270.60 232.55 195.48 107.95 96.70 90.07 Share Capital 15.98 15.98 15.98 15.98 15.53 14.35 13.64 10.28 10.28 10.28 Total Reserves 335.48 315.30 293.40 271.01 254.29 217.69 176.99 95.90 86.42 79.78 Non-Current Liabilities 32.01 35.03 36.85 24.58 30.07 30.17 22.33 22.85 10.74 9.61 Secured Loans 12.41 16.27 17.78 4.21 7.65 11.82 17.68 17.33 3.87 2.01 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.88 0.45 Long Term Provisions 0.00 0.03 0.59 0.63 0.66 0.24 0.73 0.83 0.57 0.84 Current Liabilities 358.31 307.91 260.52 253.99 236.56 191.19 157.61 144.34 124.66 121.32 Trade Payables 73.77 58.81 50.40 53.83 36.31 28.42 32.91 27.12 23.08 23.46 Other Current Liabilities 47.45 63.16 53.21 62.19 71.05 57.73 35.51 36.71 21.96 25.98 Short Term Borrowings 235.40 183.28 155.91 135.60 127.78 103.05 81.33 75.00 74.80 68.04 Short Term Provisions 1.70 2.66 1.01 2.37 1.42 2.00 7.86 5.50 4.82 3.84 Total Liabilities 741.79 674.23 606.75 565.56 537.23 453.91 375.42 275.14 232.10 221.00 Net Block 214.44 210.77 206.65 182.97 166.32 138.90 102.25 77.82 68.37 65.94 Gross Block 289.97 270.31 251.31 213.67 185.19 147.63 172.82 144.19 126.66 118.85 Accumulated Depreciation 75.53 59.54 44.66 30.70 18.87 8.73 70.58 66.37 58.29 52.92 Non Current Assets 261.15 260.13 254.53 215.87 209.31 182.68 136.04 89.16 75.50 72.50 Capital Work in Progress 0.78 1.35 2.72 6.06 6.43 9.07 8.11 5.55 0.01 0.29 Non Current Investment 17.45 17.26 17.48 0.68 0.87 0.80 5.48 4.86 4.86 4.90 Long Term Loans & Adv. 28.48 30.76 11.73 18.48 25.34 33.91 20.20 0.92 2.26 1.37 Other Non Current Assets 0.00 0.00 15.95 7.68 10.35 0.00 0.00 0.00 0.00 0.00 Current Assets 480.64 414.09 352.23 349.69 327.92 271.24 239.39 185.98 156.60 148.50 Current Investments 3.10 3.90 2.25 3.00 2.22 3.87 12.04 0.80 1.24 0.93 Inventories 223.70 177.38 157.15 142.67 138.54 93.38 66.73 66.08 57.81 53.05 Sundry Debtors 208.52 178.46 142.57 146.25 117.63 117.02 99.76 77.90 57.65 61.08 Cash & Bank 8.04 10.50 8.87 14.12 10.00 12.39 12.53 9.04 11.39 10.46 Other Current Assets 37.28 6.59 4.56 2.93 59.52 44.58 48.33 32.16 28.52 22.98 Short Term Loans & Adv. 29.51 37.27 36.82 40.73 55.86 43.42 39.15 22.65 20.79 14.62 Net Current Assets 122.33 106.18 91.70 95.70 91.36 80.05 81.78 41.64 31.94 27.18 Total Assets 741.79 674.22 606.76 565.56 537.23 453.92 375.43 275.14 232.10 221.00

Description Mar 22 Mar 21 Mar 20 Mar 06 Mar 05
Shareholder's Funds 353.89 332.42 310.04 26.84 15.34 Share Capital 15.98 15.98 15.98 5.00 3.78 Total Reserves 337.91 316.44 294.05 21.56 11.56 Non-Current Liabilities 32.42 35.35 37.19 18.22 14.41 Secured Loans 12.41 16.27 17.78 13.95 11.01 Unsecured Loans 0.00 0.00 0.00 3.76 3.18 Long Term Provisions 0.15 0.19 0.83 0.00 0.00 Current Liabilities 361.54 313.09 265.56 5.56 3.94 Trade Payables 76.22 63.16 54.09 2.65 1.58 Other Current Liabilities 48.08 63.68 53.66 2.34 1.73 Short Term Borrowings 235.40 183.28 156.26 0.00 0.00 Short Term Provisions 1.83 2.96 1.55 0.58 0.63 Total Liabilities 752.34 684.91 616.69 50.62 33.69 Net Block 224.19 220.47 216.61 17.74 15.70 Gross Block 379.20 359.25 234.79 33.04 28.83 Accumulated Depreciation 155.02 138.78 18.17 15.30 13.12 Non Current Assets 254.49 253.66 248.17 21.03 18.97 Capital Work in Progress 0.78 1.35 2.72 0.02 0.00 Non Current Investment 0.85 0.67 0.86 3.27 3.27 Long Term Loans & Adv. 28.65 31.04 27.94 0.00 0.00 Other Non Current Assets 0.03 0.14 0.03 0.00 0.00 Current Assets 497.83 431.25 368.52 29.34 14.43 Current Investments 3.10 3.90 2.25 0.00 0.00 Inventories 226.98 180.99 160.61 7.51 5.09 Sundry Debtors 218.39 188.44 152.10 8.51 5.41 Cash & Bank 11.75 13.93 11.79 6.63 0.39 Other Current Assets 37.62 6.68 4.92 0.37 3.55 Short Term Loans & Adv. 29.68 37.30 36.85 6.32 3.43 Net Current Assets 136.30 118.16 102.96 23.78 10.50 Total Assets 752.33 684.91 616.69 50.61 33.68

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Cash From Operating Activity -14.01 13.96 35.55 51.66 4.15 0.90 -14.52 26.23 14.46 10.42 PBT 30.32 28.82 29.24 32.12 19.57 18.83 24.24 16.97 11.69 9.42 Adjustment 33.72 33.28 35.95 32.07 33.29 25.62 19.47 19.38 18.56 19.06 Changes in Working Capital -69.01 -43.27 -23.80 -6.55 -40.63 -37.98 -54.65 -7.10 -13.45 -15.50 Cash after chg. in Working capital -4.98 18.83 41.39 57.64 12.22 6.47 -10.94 29.24 16.80 12.99 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -9.03 -4.87 -5.84 -5.98 -8.07 -5.57 -3.59 -3.01 -2.34 -2.57 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 -17.75 -16.61 -50.24 -28.29 -32.62 -13.47 -44.69 -21.93 -9.03 -12.24 Net Fixed Assets -19.09 -17.63 -34.30 -28.11 -34.92 24.23 -31.19 -23.07 -7.53 -12.80 Net Investments 0.61 -1.43 -16.05 -0.59 1.58 12.85 -11.86 0.44 -0.27 -0.13 Others 0.73 2.45 0.11 0.41 0.72 -50.55 -1.64 0.70 -1.23 0.69 Cash from Financing Activity 29.30 4.28 9.43 -19.25 26.07 12.43 64.03 0.01 -4.30 0.01 Net Cash Inflow / Outflow -2.46 1.63 -5.25 4.12 -2.40 -0.14 4.81 4.31 1.12 -1.81 Opening Cash & Equivalents 10.50 8.87 14.12 10.00 12.39 12.53 7.17 2.86 1.74 3.55 Closing Cash & Equivalent 8.04 10.50 8.87 14.12 1.99 5.67 11.98 7.17 2.86 1.74

Description Mar 22 Mar 21 Mar 20 Mar 06 Mar 05
Cash From Operating Activity -12.24 13.78 31.54 -0.96 -1.87 PBT 32.71 29.91 30.88 2.89 1.12 Adjustment 33.95 33.74 34.98 3.10 2.14 Changes in Working Capital -69.14 -44.76 -27.86 -6.64 -5.00 Cash after chg. in Working capital -2.49 18.89 37.99 -0.65 -1.74 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -9.75 -5.12 -6.44 -0.31 -0.13 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -16.08 -16.05 -49.37 -9.48 -4.95 Net Fixed Assets -19.09 -17.63 -222.59 -4.23 Net Investments 0.61 -1.43 -16.23 0.01 Others 2.40 3.01 189.45 -5.26 Cash from Financing Activity 26.13 4.41 12.37 10.65 6.64 Net Cash Inflow / Outflow -2.19 2.14 -5.46 0.21 -0.19 Opening Cash & Equivalents 13.93 11.79 17.25 0.39 0.57 Closing Cash & Equivalent 11.75 13.93 11.79 0.60 0.39

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13
Book Value (Rs.) 219.90 207.28 193.57 179.57 179.57 161.72 139.73 103.26 94.04 87.58 ROA 3.18% 3.23% 4.50% 4.34% 4.04% 4.18% 5.24% 4.72% 3.73% 3.26% ROE 6.59% 6.45% 8.85% 8.61% 7.99% 8.21% 11.49% 11.81% 9.04% 8.09% ROCE 8.77% 9.42% 11.20% 12.27% 11.84% 12.28% 14.67% 15.26% 13.83% 13.85% Fixed Asset Turnover 2.80 2.32 2.44 2.81 2.72 2.77 2.60 2.33 2.23 2.29 Receivable days 90.12 96.74 92.97 86.03 94.47 89.17 78.79 78.48 79.11 85.36 Inventory Days 93.41 100.81 96.51 91.68 93.36 65.86 58.90 71.73 73.87 70.89 Payable days 39.74 43.20 37.43 32.63 29.15 31.77 34.26 37.13 39.20 46.95 Cash Conversion Cycle 143.79 154.35 152.05 145.09 158.68 123.26 103.43 113.08 113.77 109.30 Total Debt/Equity 0.72 0.62 0.58 0.51 0.54 0.54 0.57 0.91 0.86 0.80 Interest Cover 2.52 2.26 2.44 2.62 3.07 2.79 2.85 2.38 1.98 1.80

Description Mar 22 Mar 21 Mar 20 Mar 06 Mar 05
Book Value (Rs.) 221.42 207.99 193.98 52.62 39.84 ROA 3.37% 3.29% 8.22% 5.51% 2.62% ROE 7.05% 6.66% 16.30% 11.22% 5.86% ROCE 9.17% 9.63% 19.93% 12.37% 7.11% Fixed Asset Turnover 2.18 2.11 4.36 1.32 0.89 Receivable days 92.40 99.32 50.16 61.99 77.19 Inventory Days 92.66 99.63 52.51 56.12 72.55 Payable days 41.22 45.32 19.85 22.29 25.87 Cash Conversion Cycle 143.84 153.63 82.82 95.82 123.86 Total Debt/Equity 0.71 0.61 0.58 0.67 0.94 Interest Cover 2.64 2.31 2.50 2.73 2.16

Top Investors:

hmg globetrotter

tarun kantilal vakharia

zaki abbas nasser

Annual Reports:

News Update:

Salzer Electronics - Quarterly Results
10th Feb 2023, 12:58 PM

Read More
Salzer Electronics sets up new manufacturing facility at Hosur
23rd Jan 2023, 13:00 PM

The commercial production expected to commence from March 2023
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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