Salzer Electronics earnings calls.
Other · 2 quarters tracked · source-linked performance, management guidance and promise context.
Latest revenue
₹474.14 Cr
verified financial record
Quarters tracked
2
source records in the directory
Delivery assessment
0
Across 1 tracked commitments: 0 delivered, 1 missed.
Call date
Pending
latest available source date
Signal trajectory
2 actual quartersCurrent read
0/100
Across 1 tracked commitments: 0 delivered, 1 missed.
Latest source read
What changed this quarter?
Salzer Electronics reported Q3 FY26 revenue of ₹424 crore, up 24% YoY, driven by strong wires & cables (+49% YoY) and industrial switchgear (+12% YoY). However, EBITDA grew only 4% YoY to ₹37 crore, with margins contracting 180bps to 9%, as unprecedented increases in copper (from ₹800 to ₹1,300/kg) and silver (3x increase) compressed profitability. The smart meter business remains deeply disappointing at ₹1.25 crore revenue in Q3 versus management's earlier ₹300-400 crore annual guidance—a gap investors forcefully challenged. For FY27, management targets 20% revenue growth excluding smart meters with blended EBITDA margins of 9.5-10%. Key positives include the US-India tariff reduction (50% to 18%) improving export competitiveness and the upcoming Saudi Arabia facility (commercial production from June 2026). Risk: persistent smart meter execution challenges may continue weighing on investor sentiment and ROE improvement.
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Signal
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Revenue
₹474.14 Cr
Source date
Pending
Across the record
Quarter history.
History modules