Filing of record date for the purpose of dividend
SALZERELEC · price
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Salzer Electronics reported FY26 standalone revenue of Rs 1,71,519 lakh, up 24% from Rs 1,38,293 lakh in FY25. However, standalone PAT declined 13.5% to Rs 5,383 lakh from Rs 6,226 lakh in FY25. Consolidated PAT grew marginally by 2.5% to Rs 5,377 lakh. The board recommended a dividend of Rs 2.50 per share (25%) for FY26, with August 28, 2026 as the record date, subject to shareholder approval at the September 12, 2026 AGM. Statutory auditors issued an unmodified (clean) opinion on both standalone and consolidated results. Two subsidiaries (Salzer Kostad EV Chargers and Salzer Emarch Electromobility) are undergoing voluntary strike-off, but auditors confirmed this does not affect the going concern status of the group.
The 24% revenue growth was offset by profit decline, indicating margin pressure and higher input costs. Shareholders can expect dividend payout if approved at AGM. The clean audit opinion removes key concerns, but declining profitability may weigh on stock sentiment.