Salzer Electronics Limited has informed the Exchange about Investor Presentation
SALZERELEC · price
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Salzer Electronics reported consolidated revenue of ₹418.9 crore in Q2 FY26, up 21.7% year-on-year, driven by strong growth in core businesses and a rapid ramp-up of the new smart meter segment (₹22 crore in Q2, ₹24 crore in H1). H1 FY26 consolidated revenue rose 22.7% to ₹860 crore, with exports contributing 24%. However, EBITDA margin contracted to 8.73% in Q2 (down 153 bps YoY) due to higher raw material costs and initial scaling expenses in smart meters. Consolidated PAT grew 16.5% YoY in H1 to ₹30.6 crore. The company also secured a patent for a high-voltage disconnecting and earthing device, and continues to focus on margin improvement, smart meter scaling, and operational efficiency.
Top-line growth is strong and the smart meter business is ramping up faster than expected, which is a positive structural story. However, near-term margin pressure from input costs and new segment costs may keep profitability subdued in the short term. Shareholders should watch for margin recovery in coming quarters as smart meter volumes scale.