BSECompany Update9 Aug 2026 · 9 Aug 2026, 02:44 pm
Filing of Media Release on the Results of Q1FY27
Salzer Electronics Ltd-$ · 517059
✦ AI Summary▲ PositiveResults
Salzer Electronics Ltd reported a 12.9% YoY growth in Q1 FY27 consolidated revenues to ₹498.02 crore, driven by 10.3% YoY growth in Industrial Switchgear, 11.1% YoY growth in Wires & Cables and 48.0% YoY growth in Building products division. EBITDA margin moderated to 6.3% due to elevated raw material costs.
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Governance Concern1/10
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Full Announcement
Salzer Electronics Ltd-$ - 517059 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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F:\My Documents\S E L\EXCH\SEBI(sLODR) 9th August, 2026
THE CORPORATE RELATIONSHIP DEPT
M/s. NATIONAL STOCK EXCHANGE OF INDIA LTD.,
M/s. BSE Limited
Exchange Plaza, C-1, Block G,
I Floor, New Trading Ring,
Bandra Kurla Complex,
Rotunda Building,
Bandra (E), Mumbai – 400 051
P. J. Towers, Dalal Street,
Tel: +91 22 26598235/36, 26598346
Fort, Mumbai - 400 001.
Fax: +91 22 26598237/38
SCRIP CODE: 517059
Symbol: SALZERELEC
Dear Sir,
Sub: Intimation under Regulation 30 SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI
Listing Regulations”)
Pursuant to Regulation 30 of the SEBI Listing Regulations, please find attached a press release on the unaudited
Financial Results of the Company for the quarter ended 30th June 2026.
The above is for your information, records and dissemination please.
Thanking you
Yours Faithfully
For SALZER ELECTRONICS LTD
K M MURUGESAN
COMPANY SECRETARY
(M No. A25953)
Salzer Electronics Q1 FY27 Revenue Grows 12.9% YoY to ₹498 Crore; Core Businesses Maintain
Strong Growth Momentum
▪ Over 12.9% YoY growth in Q1 FY27 Consolidated revenues - mainly driven by in 10.3% YoY growth in
Industrial Switchgear, 11.1% YoY growth in Wires & Cables and 48.0% YoY growth Building products
division
▪ Q1 FY27 EBITDA (excluding other income) at Rs. 31.32 crore
▪ Q1 FY27 EBITDA Margin at 6.29%
▪ Q1 FY27 PAT at Rs. 8.33 crore
▪ PAT Margin at 1.67%
Coimbatore, 9th August 2026: Salzer Electronics Limited (BSE: 517059, NSE: SALZERELEC), a capital goods engineering Company offering
total and customised electrical solutions, announced its unaudited financial results for the First quarter ended 30th June 2026.
Management Comment:
Commenting on this, Mr. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics Ltd said:
“During the first quarter of the financial year, we delivered a resilient performance, reporting consolidated revenue of ₹498.02 crore,
representing a growth of 12.90% year-on-year. This performance reflects continued demand across our core business divisions,
particularly Industrial, Copper and Building Products.
While the quarter witnessed margin moderation to 6.3%, largely due to elevated raw material costs, particularly copper, Silver, and
aluminium, amid continued volatility in global commodity markets. As these materials are key inputs across our switchgears business,
including transformers and contactors, the sharp increase in input costs impacted margins across the industry. We are actively
addressing these pressures through sourcing efficiencies, product mix optimisation, operational improvements and calibrated pricing
measures. Importantly, the underlying demand environment remains very encouraging, supported by investments in power
infrastructure, renewable energy, industrial automation, data centres and electrification, providing a strong foundation for sustainable
growth. The steady performance of our switchgear and wire & cable divisions, continues to be a strong backbone of our business.
During the quarter, we continued to strengthen our strategic investments in emerging businesses and technologies. We made an
additional investment of ₹13.25 lakh in our wholly owned subsidiary, Salzer EV Infra Private Limited, taking our total investment to
₹93.21 lakh. We also invested an additional ₹168.64 lakh in Effilume Private Limited, our Associate Company, increasing our total
investment to ₹423.97 lakh and our equity stake to 46.85%. These investments reflect our continued focus on building capabilities in
emerging areas and creating new growth opportunities that complement our core electrical solutions business.
Going ahead, we remain optimistic on the long-term opportunities emerging from industrial automation, energy efficiency, smart
infrastructure, renewable energy integration, railways, data centres, and smart electrical ecosystems. With our diversified product
portfolio, strong manufacturing base, growing export presence, and continuous focus on innovation, we believe Salzer Electronics is well
positioned for sustainable long-term growth.
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.”
Consolidated
Particulars (Rs. Cr)
Q1 FY27 Q1 FY26 YoY% Q4 FY26 QoQ%
Net Revenue 498.02 441.12 12.90% 474.14 5.03%
EBITDA (excluding other income) 31.32 41.76 (25.01%) 31.26 0.17%
EBITDA Margin 6.29% 9.47% (318 bps) 6.59% (31 bps)
PAT 8.33 17.22 (51.60%) 10.47 (20.42%)
PAT Margin 1.67% 3.90% (223 bps) 2.21% (54 bps)
Basic EPS (Rs.) 4.55 9.74 (53.29%) 5.81 (21.69%)
Consolidated Financial Performance Highlights
For the Quarter ended June 30th, 2026:
▪ Net Revenue in Q1 FY27 was Rs. 498.02 crore as against Rs. 441.12 crore in Q1 FY26, YoY growth of 12.90%. 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 18.60%
▪ EBITDA (excluding other income) was Rs. 31.32 crore in Q1 FY27 as against Rs. 41.76 crore in Q1s FY26
▪ EBITDA Margin for the quarter stood at 6.29%. Largely due to elevated raw material costs, particularly copper and aluminium, amid
continued volatility in global commodity markets exerted pressure on margins.
▪ Profit After Tax at Rs. 8.33 crore in Q1 FY27 as against Rs. 17.22 crore in Q1 FY26
▪ PAT Margin for the quarter stood at 1.67%
Q1 FY27 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 10.33% YoY and contributed 53.58% to the total revenues in this quarter
The EBITDA Margin in this business was 7.50% in Q1 FY27
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 40.30% to the total revenues this quarter. This division grew 11.07% YoY in Q1 FY27.
This Division’s EBIDTA Margin stood at 5.18% in Q1 FY27.
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 6.12% to the total revenue in this quarter. This division grew 48.03% YoY in Q1 FY27.
Recent Developments during the Quarter
▪ Company made an additional investment in its Wholly Owned Subsidiary, Salzer EV Infra Private Limited, by acquiring 1,32,525
equity shares of Rs.10/- each for an aggregate consideration of Rs. 13.25 Lakhs. Consequently, the Company's total investment in
the equity share capital of the said subsidiary increased to Rs. 93.21 Lakhs.
▪ Company made an additional investment of Rs. 168.64 Lakhs in Effilume Private Limited, an Associate Company, by subscribing to
16,86,399 Equity Shares of Rs. 10/- each. Consequently, the Company’s total investment in the equity share capital of the said
Associate Company increased to Rs. 423.97 Lakhs, representing a 46.85% equity stake in the said entity.
About Salzer Electronics Limited
Salzer is a Leading player offering Total and Customized Electrical Solutions in Switchgears, Wires & Cables, and Energy Management
business. It is the largest manufacturer of CAM Operated Rotary switches & Wire Ducts in India. The Company caters to a wide range
of products with four in-house manufacturing facilities, located in Coimbatore.
The Company has a wide distribution network locally and globally, exporting to many cou
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