Salzer Electronics Limited has informed the Exchange regarding Board meeting held on November 01, 2025.
SALZERELEC · price
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Awaiting price reaction for this filing.
Salzer Electronics reported Q2 FY26 standalone revenue of Rs. 40,873.96 lakhs, up ~21.5% YoY from Rs. 33,639.50 lakhs; H1 revenue rose ~23% YoY to Rs. 84,115.36 lakhs. However, standalone Q2 PAT fell sharply to Rs. 1,347.31 lakhs (from Rs. 2,620.48 lakhs YoY) and H1 PAT dropped ~21% to Rs. 3,106.77 lakhs, dragged by higher finance costs and margin pressure. Consolidated results were healthier, with H1 revenue of Rs. 86,003.43 lakhs (+22.7% YoY) and H1 PAT of Rs. 3,060.68 lakhs (+16.5% YoY), aided by subsidiary contributions. The quarter had a small exceptional gain of Rs. 65.11 lakhs (vs a Rs. 1,576.21 lakhs exceptional loss in Q2 FY25). The statutory auditor (M/s Swamy & Ravi) issued an unmodified limited review report. Operating cash flow improved to Rs. 900 lakhs (standalone) from a negative base. The company also acquired a 49% stake in Effilume Private Limited via its EV subsidiary.
Strong top-line growth is positive, but the sharp standalone PAT decline and EBITDA margin compression (Q2 margin fell to ~8.6% from ~9.9% YoY) signal cost-side pressure, likely from higher finance costs and input expenses. Short-term sentiment may be cautious despite revenue traction, while long-term EV/subsidiary investments are worth monitoring.