Salzer Electronics Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 12, 2026
SALZERELEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Salzer Electronics reported standalone revenue of Rs 17,152 Lakhs for FY2026, up 24% from Rs 13,829 Lakhs in FY2025. However, profit after tax declined 13.5% to Rs 5,383 Lakhs from Rs 6,226 Lakhs, impacted by higher finance costs (Rs 4,740 Lakhs vs Rs 4,080 Lakhs) and increased raw material costs. The board recommended a dividend of Rs 2.50 per share (25%). The AGM is scheduled for September 12, 2026 with record date August 28, 2026. Statutory auditors issued an unmodified (clean) opinion. Two subsidiaries - Salzer Kostad EV Chargers and Salzer Emarch Electromobility - are going for voluntary strike-off and prepared financials on non-going concern basis. The company invested in new subsidiaries including Salzer EV Infra, Salzer Electronics Arabia, Effilume Private Limited, and Aurawin Solutions during the year.
Revenue growth of 24% is positive but the 13.5% decline in net profit and high leverage (debt/equity ~1.35x) may concern investors focused on profitability. The auditor's emphasis on subsidiary strike-offs is a watch item.