Salzer Electronics Limited has informed the Exchange that Board of Directors at its meeting held on May 23, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
SALZERELEC · price
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Salzer Electronics Limited reported FY2026 standalone revenue of Rs. 1,71,519 Lakhs, up 24% from Rs. 1,38,293 Lakhs in FY2025. However, standalone profit after tax declined 13.5% to Rs. 5,383 Lakhs from Rs. 6,226 Lakhs. The board recommended a final dividend of Rs. 2.50 per equity share (25% on face value of Rs. 10), subject to shareholder approval at the AGM on September 12, 2026. The record date for dividend eligibility is August 28, 2026. Consolidated revenue stood at Rs. 1,75,838 Lakhs with PAT of Rs. 5,377 Lakhs, showing slight growth over the prior year. The company also re-appointed two independent directors.
The 25% dividend payout signals confidence in future cash flows despite a decline in standalone profitability. The dividend represents approximately 8% yield based on current market prices, which is attractive for income-focused investors. However, the profit decline may cause short-term concern for growth-oriented shareholders.