Salzer Electronics share price today

Salzer Electronics Ltd's share price was ₹489.65 at the close on 4 November 2026. It has been falling for 78 weeks. That is 19.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹467 and ₹766, and at that close it sat 8% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Salzer Electronics Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 20 weeks running.

Over the last 11 years the share price moved +152% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 25 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), lowest operating margin in 15 quarters and foreign funds (FIIs) raised their stake for 5 quarters in a row.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹498 crore, +12.9% on a year earlier.

   Why: Sales rose because building products led growth, and transformers, wire harnesses, relays and contactors also did well.

   Next results: check whether customer clearance turns finished goods and pending orders into revenue.

   From the earnings call on 10 Aug 2026.

2. Lowest operating margin in 15 quarters

   Operating margin was 6.3% in the June 2026 quarter, against 9.5% a year earlier.

   Why: Margins fell because copper, silver and plastic cost more, and customer price increases came late.

   Next results: check whether August and September price increases start to cover raw-material costs and whether margins improve from the third quarter.

   From the earnings call on 10 Aug 2026.

3. Foreign funds (FIIs) raised their stake for 5 quarters in a row

   From 2.4% to 5.9% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Salzer Electronics reported revenue of ₹498 crore, up 12.9% from ₹441 crore a year earlier, and a profit of ₹8.33 crore, down 51.6% from ₹17.2 crore.

Salzer Electronics results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Salzer Electronics' management discussed these results on a call held on 10 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Salzer Electronics closed at ₹489.65 on 4 November 2026, down 32.4% from ₹724.80 a year earlier (7 November 2025) and up 171.1% over five years. Its highest weekly close since March 2016 was ₹1,596.15 on 20 December 2024.

Salzer Electronics share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Salzer Electronics closed at ₹489.65, up 4.9% on the week and down 7.7% on the month. 28 Aug 2026: ex-date for a dividend of ₹2.50 a share.

Earlier

• 10 Aug 2026: Salzer Electronics held its results call for April to June 2026. Management guided: FY27 consolidated operating margin revised to 8-8.5% from the presentation's 10% goal.
• Results for April to June 2026: Revenue up 12.9% and profit down 51.6% on a year earlier.

Salzer Electronics paid ₹2.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.51% at the ₹489.65 close on 4 November 2026. The last was a dividend of ₹2.50 a share, ex-date 28 August 2026.

Salzer Electronics dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Salzer Electronics Ltd paid out 8% of its profit as dividends in FY26, and it paid a dividend in 7 of its last 8 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 10 August 2026, Salzer Electronics' management guided: FY27 consolidated operating margin revised to 8-8.5% from the presentation's 10% goal.

“I think we expected to reach 10%, but looking at the current global scenario, the continuing West Asia conflict, and fluctuating raw material prices, I think we would tone it down to around 8-8.5% for the full year.”Rajesh Kumar Doraiswamy, Joint Managing Director, on the call for April to June 2026

What management guided

• Q2 margin pressure to continue; Q3-Q4 operating margin expected at 9-9.5% as August-September price actions take effect and pass-through goals under 2 months.
• Exports planned to return to 25% of revenue over the medium term.
• Energy-management project to begin revenue in mid-August at approximately ₹2 crore monthly with about 50% flowing to Salzer; Q2 EV supply near 60 chargers.
• no major smart-meter or EV-charging capital spending planned.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026.

When Salzer Electronics reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 operating margin and pass-through: check whether pricing actions begin offsetting raw-material pressure.

Salzer Electronics is on one of our India lists: 52 week high & low.

Salzer Electronics Ltd earned ₹8.3 Cr of net profit in the Jun 2026 quarter, −51.6% on the same quarter a year earlier. Full-year FY26 profit was ₹54.0 Cr. Over 20 years profit has grown 17.9% a year on average. That is 1.7% of the quarter's revenue. The same quarter a year earlier earned ₹17.2 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹54.0 Cr (+3.8% on the year before).

Why profit moved: revenue changed +12.9% on a year earlier and the margin moved −3.2 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −30.9% and revenue +21.3%. Profit is growing slower than sales: rising costs are taking part of the growth.

Salzer Electronics Ltd reported ₹498 Cr of revenue in the Jun 2026 quarter, +12.9% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 20 years it has grown 20.7% a year on average. The last full year, FY26, came in at ₹1,758 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,815 Cr.

FY26 revenue was ₹1,758 Cr, +24.0% on the year before.

Recent pace: the last four quarters grew +21.3% on average, against 20.7% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +20.8%, against +21.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −36.5%, against −6.8% a year (rolling over).

Salzer Electronics Ltd's operating margin was 6.3% in the Jun 2026 quarter, 3.2 percentage points lower than the same quarter a year ago. Across 8 years it has been between 8.0% and 14.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.2 percentage points on the year while gross margin changed −3.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 37% of Salzer Electronics Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹46.0 Cr of operating cash against ₹54.0 Cr of profit. After ₹62.0 Cr of spending on assets, free cash was −₹16.0 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 37% of profit came in as cash: the cash cycle got 27 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: the bigger use of cash is spending on new assets, at 2.4× depreciation over three years. The next section checks what that spending is building.

Salzer Electronics Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 177 days in FY26, down from 204 days in FY21. It spent ₹171 Cr on assets over the last 3 years. Customers take 92 days to pay, and stock sits for 137 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,758 Cr, each day of that cycle ties up about ₹4.8 Cr, so roughly ₹853 Cr is tied up in the business at any time.

FY26: customers took 92 days to pay and stock sat for 137 days, about 4.5 months of sales sitting as stock, for a full cycle of 177 days, shorter than FY21's 204.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 137 days. Customers pay about 92 days after that. Suppliers are paid at 52 days. Together that makes the 177-day cycle.

Spending on assets: ₹171 Cr over the last 3 years, against ₹70.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹7.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Salzer Electronics Ltd's P/E is 19.9×, in the middle of its own history: higher than 60% of past readings. Its usual P/E (the middle reading) is 16.4×, over 6.4 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.