SALZER ELECTRONICS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 502.90
Dividend & Yield1.80₹ (1.09%)
Beta 0.67
Market capitalization 2.75B
Operating cash flow -122.37M
ESG Scores unknown

Company description

Salzer Electronics Limited manufactures and supplies CAM operated rotary switches, selector switches, wiring ducts, voltmeter switches, and allied products primarily in India. The company offers industrial components, including cable ducts; cam operated rotary switches; changeover switches and solar isolators; general purpose relays; load break and photovoltaic isolators; and changeovers; relays; sensors; limit and foot switches; terminal connectors; customized control panels; and industrial plug and sockets. It also provides toroidal transformers, CT's and rogowski coils, inductors, chokes, filters, and three phase dry type transformers; business segment products, including automatic source changeover with current limiter, distribution boards, miniature circuit breakers, modular switches and speciality, movement sensors, remote switches, single phase motor starters, and house wires; copper segments, such as industrial wires and cables, busbars and wire harness, enamelled copper wire, bunched copper conductors, tinned copper wires, and lan cables; motor control products, which include contractors and overload relays, motor protection circuit breaker, and miniature circuit breakers; and energy savers and panels, and street light controllers, as well as angle and batten holders, and wire duct cutters. Salzer Electronics Limited also exports its products. The company was founded in 1985 and is headquartered in Coimbatore, India.

Sector: Industrials - Industry: Electrical Equipment & Parts

Financial Ratios
Quick Ratio0.75
Working Capital0.17
Return On Equity0.06
Debt To Equity0.04
Fixed Asset Ratio0.03
Fixed Interest Cover2.51

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 95.78M -16.8M 189.96M 93.66M
Total Cashflows From Investing Activities -282.9M -493.73M -160.45M -160.82M
Net Borrowings 43.81M 344.61M 255.12M 482.64M
Total Cash From Financing Activities -192.52M 123.68M 44.1M 261.31M
Change To Operating Activities -8.64M -8.64M -8.64M -143.37M
Issuance Of Stock 638k
Net Income 239.57M 271.13M 205.17M 225.93M
Change In Cash 41.21M -54.6M 21.41M -21.87M
Effect Of Exchange Rate
Total Cash From Operating Activities 516.63M 315.45M 137.76M -122.37M
Depreciation 118.46M 141.72M 153.14M 163.35M
Change To Account Receivables -120.08M -82.42M -425.07M -181.82M
Other Cashflows From Financing Activities -211.45M -186.22M -209.11M -219.43M
Change To Netincome 221M 175.4M 220.05M 179.8M
Capital Expenditures -288.04M -353.02M -185.61M -195.55M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 323.08M 318.98M 280.09M 325.07M
Net Income 239.57M 271.13M 205.17M 225.93M
Selling General Administrative 291.89M 340.87M 309.73M 335.96M
Gross Profit 1.38B 1.52B 1.41B 1.73B
Ebit 522.34M 520.94M 474.74M 499.08M
Operating Income 522.34M 520.94M 474.74M 499.08M
Interest Expense -159.93M -173.47M -126.62M -198.76M
Income Tax Expense 83.51M 44.85M 66.3M 83.03M
Total Revenue 5.6B 5.84B 6.26B 8.04B
Cost Of Revenue 4.22B 4.32B 4.85B 6.3B
Total Other Income ExpenseNet -199.26M -201.96M -194.64M -174M
Net Income From Continuing Ops 239.57M 274.13M 213.79M 242.04M
Net Income Applicable To Common Shares 239.57M 271.13M 205.17M 225.93M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 2.79B 3.03B 3.48B 3.94B
Total Stockholder Equity 2.87B 3.1B 3.32B 3.54B
Other Current Liabilities 64.05M 54.26M 69.22M 450.06M
Total Assets 5.66B 6.17B 6.85B 7.52B
Common Stock 159.83M 159.83M 159.83M 159.83M
Other Current Assets 191.92M 162.49M 232.76M 270.38M
Retained Earnings 1.43B 1.67B 1.88B
Treasury Stock 16.79M 7.61M 21.94M 3.38B
Cash 71.29M 23.49M 52.98M 117.46M
Total Current Liabilities 2.54B 2.66B 3.13B 3.62B
Other Stockholder Equity 16.79M 7.61M 21.94M 3.38B
Property, Plant, and Equipment 1.84B 2.08B 2.11B 2.14B
Total Current Assets 3.5B 3.69B 4.31B 4.98B
Net Tangible Assets 2.82B 2.99B 3.21B 3.43B
Net Receivables 1.74B 1.8B 2.13B 2.29B
Accounts Payable 538.29M 540.91M 631.64M 762.24M


Insider Transactions

Here are the insider transactions of stock shares related to SALZER ELECTRONICS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Salzer Magnet Wires, Ltd.Sale at price 2.31 per share.D2021-10-05Promoter6.92k
SRVE Industries Ltd.Acquisition at price 2.02 per share.D2021-08-26Promoter5k
Salzer Magnet Wires, Ltd.Sale at price 1.72 per share.D2021-07-30Promoter272.59k
Rajesh (Samhita)Acquisition at price 2.15 per share.D2021-06-28UNREPORTED7k
SRVE Industries Ltd.Acquisition at price 2.15 per share.D2021-06-25Promoter72.97k
Doraiswamy (R)Other at price 1.71 per share.D2021-04-10Promoter18.21k
K R Health Care P LtdAcquisition at price 1.71 per share.D2021-04-10Promoter52.4k
Quebec Information Services India Pvt. Ltd.Acquisition at price 1.71 per share.D2021-04-10Promoter54.01k
Rajesh (Thilagam)Acquisition at price 1.71 per share.D2021-04-10Promoter66.29k
Rangaswamy (Vishnu D)Acquisition at price 1.71 per share.D2021-04-10Promoter28.79k
Salzer Magnet Wires, Ltd.Acquisition at price 1.71 per share.D2021-04-10Promoter227.25k
Salzer Magnet Wires, Ltd.Acquisition at price 1.71 per share.D2021-04-10UNREPORTED872.49k
Saradha Investment LtdAcquisition at price 1.71 per share.D2021-04-10Promoter52.5k
SRVE Industries Ltd.Acquisition at price 1.71 per share.D2021-04-10Promoter74.97k
SRVE Industries Ltd.Acquisition at price 1.75 per share.D2021-03-31Promoter1.8k
Rajesh (Samhita)Acquisition at price 1.74 per share.D2021-03-30UNREPORTED5.5k
SRVE Industries Ltd.Acquisition at price 1.73 per share.D2021-03-23Promoter5.9k
SRVE Industries Ltd.Acquisition at price 1.77 per share.D2020-12-31Promoter4k
Baskarasubramanian (Sankaran)D2020-03-12Director600
Baskarasubramanian (Sankaran)D2020-03-06Director500
Baskarasubramanian (Sankaran)D2020-03-06Director500
SamhitaD2019-03-14UNREPORTED13k
SRVE Industries Ltd.D2019-03-12Promoter2.5k
SRVE Industries Ltd.D2019-03-12Promoter2k
SRVE Industries Ltd.D2019-02-22Promoter141
SRVE Industries Ltd.D2019-02-21Promoter11.82k
K R Health Care P LtdD2018-09-08Promoter82.9k
SRVE Industries Ltd.D2018-09-08Promoter81.75k
Quebec Information Services India Pvt. Ltd.D2018-09-05Promoter77.7k
Saradha Investment LtdD2018-09-05Promoter81k
Salzer Magnet Wires, Ltd.D2018-05-24Promoter530k
Rangaswamy (Vishnu D)D2018-05-11Promoter99.21k
Salzer Magnet Wires, Ltd.D2018-03-16Promoter530k
Salzer Magnet Wires, Ltd.D2018-03-16Promoter30k
Saradha Investment LtdD2017-07-18Promoter128k
SRVE Industries Ltd.D2017-07-18Promoter179.25k
K R Health Care P LtdD2017-05-29Promoter131k
Quebec Information Services India Pvt. Ltd.D2017-05-29Promoter177.75k
Salzer Exports Ltd.Exercise at price 743.35 per share.D2016-05-25Promoter82.5k
K R Health Care P LtdD2016-04-18Promoter25k
Quebec Information Services India Pvt. Ltd.D2015-08-20Promoter69.2k
Quebec Information Services India Pvt. Ltd.D2015-08-17Promoter13.5k
Quebec Information Services India Pvt. Ltd.D2015-08-13Promoter25.5k
Doraiswamy (R)D2015-07-23Promoter12.5k
K R Health Care P LtdD2015-07-23Promoter40k
Kumar (Rajesh D)D2015-07-23Promoter12.5k
Quebec Information Services India Pvt. Ltd.D2015-07-23Promoter67.5k
Rajesh (Thilagam)D2015-07-23Promoter12.5k
Rangaswamy (Vishnu D)D2015-07-23Promoter12.5k
Salzer Exports Ltd.D2015-07-23Promoter82.5k
Saradha Investment LtdD2015-07-23Promoter67.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to SALZER ELECTRONICS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on SALZER ELECTRONICS

Here is the result of two systematic investment strategies applied to SALZER ELECTRONICS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on SALZER ELECTRONICS

The following chart shows the equity curve of the two systematic investment strategies applied to SALZER ELECTRONICS:

SALZER ELECTRONICS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 57.3% on the backtest period.

Performance at glance

Performance

57.3 %

Latent gain

1410.1 ₹

Invested capital

2460.9 ₹

Annualized return

13.58 %
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Momentum strategy results on SALZER ELECTRONICS

This is the result of two momentum investment strategies applied to SALZER ELECTRONICS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on SALZER ELECTRONICS

The following chart shows all the entries opened by the momentum investment system on SALZER ELECTRONICS:

SALZER ELECTRONICS momentum entries
  • The first momentum investment strategy would give 60.06% of return on SALZER ELECTRONICS. That represents 3050.4₹ of latent gain with 5078.7₹ of employed capital.
  • The second momentum investment strategy would give 62.34% of return on SALZER ELECTRONICS. That represents 3865.0₹ of latent gain with 6199.6₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

60.06 %

Latent gain

3050.4 ₹

Invested capital

5078.7 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

62.34 %

Latent gain

3865.0 ₹

Invested capital

6199.6 ₹

Annualized return

16.67 %

Momentum equity curve on SALZER ELECTRONICS

The following chart shows the equity curve of the two momentum strategies applied to SALZER ELECTRONICS:

SALZER ELECTRONICS momentum equity

Note: the dividends potentially given by SALZER ELECTRONICS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SALZER ELECTRONICS

The following chart shows the employed capital evolution of the two momentum strategies on SALZER ELECTRONICS since the beginning:

SALZER ELECTRONICS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on SALZER ELECTRONICS

Buy the dip entry openings on SALZER ELECTRONICS

SALZER ELECTRONICS

The performance achieved by the robo-advisor on SALZER ELECTRONICS is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows SALZER ELECTRONICS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SALZER ELECTRONICS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to SALZER ELECTRONICS

The following chart shows the result of the investment strategy applied to SALZER ELECTRONICS:

SALZER ELECTRONICS

Note: the dividends potentially given by SALZER ELECTRONICS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SALZER ELECTRONICS

The following chart shows the employed capital evolution since the beginning of the investment strategy on SALZER ELECTRONICS:

SALZER ELECTRONICS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on SALZER ELECTRONICS

In this section, I will compare the three previous investment strategies applied to SALZER ELECTRONICS.

Equity curve comparison on SALZER ELECTRONICS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

SALZER ELECTRONICS investment strategy comparison

Employed capital comparison on SALZER ELECTRONICS

SALZER ELECTRONICS investment comparison

Performance comparison on SALZER ELECTRONICS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 57.3% 1410.1₹ 2460.9₹ 13.58%
Momentum 1 quarter 60.06% 3050.4₹ 5078.7₹ 15.09%
Momentum 2 quarters 62.34% 3865.0₹ 6199.6₹ 16.67%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

13.58 %

Momentum 1Q

16.67 %

Momentum 2Q

16.67 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SALZER ELECTRONICS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between SALZER ELECTRONICS and the other stocks. There may be false positives or some missing correlated stocks. If the price of SALZER ELECTRONICS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name SALZER ELECTRONICS
Country India
City Coimbatore
Address Samichettipalayam
Phone 91 42 2423 3600
Website www.salzergroup.net
FullTime employees
Industry Electrical Equipment & Parts
Sector Industrials
Exchange XNSE
Ticker SALZERELEC.XNSE
Market

SALZER ELECTRONICS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown