Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Salzer Electronics Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 295 | 282 | 274 | 262 | 318 | 347 | 336 | 334 | 366 | 432 | 409 | 412 | 462 |
| Expenses + | 272 | 257 | 248 | 233 | 287 | 316 | 303 | 299 | 339 | 391 | 374 | 376 | 432 |
| Operating Profit | 23 | 25 | 25 | 29 | 31 | 31 | 33 | 34 | 26 | 41 | 35 | 36 | 30 |
| OPM % | 8% | 9% | 9% | 11% | 10% | 9% | 10% | 10% | 7% | 10% | 8% | 9% | 6% |
| Other Income + | 0 | 1 | 0 | 1 | 0 | 1 | 16 | 2 | 2 | 1 | 1 | 0 | 0 |
| Interest | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 10 | 11 | 12 | 11 | 12 | 12 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 7 | 7 | 6 |
| Profit before tax | 12 | 13 | 13 | 17 | 17 | 17 | 34 | 20 | 12 | 24 | 18 | 17 | 11 |
| Tax % | 24% | 28% | 25% | 26% | 30% | 24% | 22% | 27% | 29% | 27% | 25% | 26% | 12% |
| Net Profit + | 9 | 9 | 9 | 12 | 12 | 13 | 26 | 15 | 8 | 18 | 13 | 13 | 10 |
| EPS in Rs | 5.54 | 5.68 | 5.62 | 7.15 | 6.95 | 7.49 | 14.82 | 8.24 | 4.65 | 9.95 | 7.62 | 7.20 | 5.67 |
Financials of Salzer Electronics Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 283 | 361 | 385 | 443 | 560 | 567 | 606 | 784 | 1,013 | 1,136 | 1,383 | 1,715 |
| Expenses + | 248 | 318 | 340 | 389 | 496 | 502 | 544 | 720 | 922 | 1,025 | 1,256 | 1,574 |
| Operating Profit | 35 | 43 | 45 | 53 | 64 | 65 | 62 | 64 | 91 | 110 | 127 | 141 |
| OPM % | 13% | 12% | 12% | 12% | 11% | 12% | 10% | 8% | 9% | 10% | 9% | 8% |
| Other Income + | 1 | 3 | 5 | 3 | 1 | 1 | 2 | 2 | 1 | 2 | 18 | 2 |
| Interest | 12 | 13 | 15 | 15 | 20 | 21 | 21 | 20 | 26 | 34 | 41 | 47 |
| Depreciation | 7 | 8 | 9 | 11 | 12 | 14 | 16 | 16 | 16 | 19 | 22 | 26 |
| Profit before tax | 17 | 24 | 26 | 31 | 32 | 30 | 27 | 30 | 50 | 59 | 82 | 70 |
| Tax % | 29% | 30% | 34% | 35% | 26% | 13% | 23% | 25% | 28% | 27% | 24% | 24% |
| Net Profit + | 12 | 17 | 17 | 20 | 24 | 26 | 21 | 22 | 36 | 43 | 62 | 54 |
| EPS in Rs | 11.65 | 12.50 | 12.09 | 13.35 | 14.99 | 16.51 | 12.93 | 14.07 | 22.47 | 24.85 | 35.21 | 30.44 |
| Dividend Payout % | 13% | 13% | 13% | 12% | 11% | 0% | 12% | 13% | 10% | 10% | 7% | 8% |
Financials of Salzer Electronics Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 14 | 14 | 15 | 16 | 16 | 16 | 16 | 16 | 17 | 18 | 18 |
| Reserves | 98 | 182 | 218 | 255 | 271 | 293 | 315 | 335 | 387 | 449 | 513 | 561 |
| Borrowings + | 97 | 109 | 126 | 146 | 148 | 178 | 204 | 252 | 277 | 308 | 418 | 532 |
| Other Liabilities + | 70 | 71 | 96 | 121 | 131 | 119 | 139 | 138 | 196 | 196 | 217 | 228 |
| Total Liabilities | 275 | 375 | 454 | 537 | 566 | 607 | 674 | 742 | 876 | 970 | 1,165 | 1,338 |
| Fixed Assets + | 78 | 102 | 139 | 166 | 183 | 207 | 211 | 214 | 231 | 254 | 295 | 323 |
| CWIP | 6 | 8 | 9 | 6 | 6 | 3 | 1 | 1 | 1 | 2 | 3 | 7 |
| Investments | 6 | 18 | 5 | 3 | 4 | 20 | 21 | 21 | 22 | 25 | 26 | 31 |
| Other Assets + | 186 | 248 | 301 | 361 | 373 | 378 | 441 | 506 | 623 | 689 | 841 | 977 |
| Total Assets | 275 | 375 | 454 | 537 | 566 | 607 | 674 | 742 | 876 | 970 | 1,165 | 1,338 |
Financials of Salzer Electronics Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 26 | -15 | 1 | 4 | 52 | 36 | 14 | -14 | 23 | 20 | -17 | 42 |
| Cash from Investing Activity + | -22 | -45 | -20 | -41 | -28 | -50 | -17 | -18 | -32 | -39 | -55 | -62 |
| Cash from Financing Activity + | 0 | 64 | 12 | 26 | -19 | 9 | 4 | 29 | 14 | 15 | 72 | 21 |
| Net Cash Flow | 4 | 5 | -7 | -10 | 4 | -5 | 2 | -2 | 5 | -5 | 0 | 0 |
| Free Cash Flow | 3 | -50 | -28 | -31 | 23 | 1 | -4 | -33 | -9 | -25 | -83 | -17 |
| CFO/OP | 82% | -25% | 15% | 23% | 91% | 63% | 30% | -8% | 38% | 29% | 1% | 42% |
Financials of Salzer Electronics Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 100 | 101 | 111 | 97 | 95 | 92 | 108 | 97 | 99 | 107 | 108 | 92 |
| Inventory Days | 123 | 95 | 125 | 161 | 132 | 145 | 145 | 141 | 135 | 132 | 138 | 127 |
| Days Payable | 49 | 47 | 38 | 42 | 50 | 47 | 48 | 47 | 55 | 66 | 62 | 48 |
| Cash Conversion Cycle | 174 | 149 | 198 | 216 | 178 | 190 | 205 | 192 | 180 | 172 | 183 | 171 |
| Working Capital Days | 41 | 58 | 60 | 65 | 51 | 52 | 55 | 52 | 53 | 68 | 63 | 57 |
| ROCE % | 15% | 14% | 12% | 12% | 12% | 11% | 9% | 9% | 12% | 13% | 13% | 11% |