Salzer Electronics Limited

Manufacturer and supplier of electrical products and services, with a focus on rotary switches and switchgear.

1985 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Salzer Electronics Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 17.68 Cr
  • Company Age 40 Year, 22 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 451.02 Cr
  • Satisfied Charges ₹ 219.40 Cr
  • Revenue Growth 29.11%
  • Profit Growth 61.74%
  • Ebitda 42.89%
  • Net Worth 14.63%
  • Total Assets 18.14%

About Salzer Electronics

Salzer Electronics Limited (SEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 January 1985 and has a history of 40 years. Its registered office is in Coimbatore, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517059 and on the National Stock Exchange(NSE) under SALZERELEC.

The Corporate was formerly known as Salzer Electronics Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 17.68 Cr.

The company currently has active open charges totaling ₹451.02 Cr. The company has closed loans amounting to ₹219.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Salzer Electronics Limited India are Rajeshkumar Doraiswamy as CFO and Murugesan M as Company Secretary. Rajeshkumar Doraiswamy, Doraiswamy Rangaswamy, Veeraraghavan Sankaran, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L03210TZ1985PLC001535

  • Company No.

    001535

  • Stock Symbol

    BSE : 517059 NSE : SALZERELEC

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 1985

  • Date of AGM

    14 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Coimbatore

Industry

Energy and Power

What products or services does Salzer Electronics Limited offer?

Salzer Electronics Limited offers a wide range of products and services, including Mobile Phone & Accessories, Cordless Phones, Electrical & Electronic Connectors, Strip Connectors, Fuses, Circuit Breakers & Components, High Voltage Circuit Breakers, Relays and Contactors, High Voltage Relay, Current Limiting and Changeover Devices, Electromechanical Relay.

Who are the key members and board of directors at Salzer Electronics?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajeshkumar Doraiswamy Country flag representing In CFO09-Aug-2014Current
Doraiswamy Rangaswamy Country flag representing In Managing Director08-Jan-1985Current
Murugesan M Country flag representing In Company Secretary08-Aug-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Sunder Raman Country flag representing In Director 15-Jun-2024Current
Rajeshkumar Doraiswamy Country flag representing In Whole-Time Director and Cfo 22-Dec-2001Current
Priya Bhansali Country flag representing In Director 07-Aug-2023Current
Veeraraghavan Sankaran Country flag representing In Director 28-Aug-2002Current
Nambi Rangachary Country flag representing In Director 01-Mar-2014Current
Doraiswamy Vishnurangaswamy Country flag representing In Director 06-Feb-2020Current

Financial Performance of Salzer Electronics.

Salzer Electronics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.11% increase. The company also saw a substantial improvement in profitability, with a 61.74% increase in profit. The company's net worth Soared by an impressive increase of 14.63%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
29.11%
Revenue from Operations
29.29%
Total Assets
18.14%
Profit or Loss
61.74%
Net Worth
14.63%
EBITDA
42.89%

What is the Ownership and Shareholding Structure of Salzer Electronics?

In 2022, Salzer Electronics had a promoter holding of 32.34% and a public holding of 67.66%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹451.02 Cr

Satisfied Charges

₹219.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 229.00 Cr
  • Others : 162.37 Cr
  • Canara Bank : 59.40 Cr
  • Anz Grindlays Bank Plc : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
12 Dec 2023Hdfc Bank Limited₹25.00 CrOpen
17 Jun 2023Hdfc Bank Limited₹10.00 CrOpen
22 Jul 2020Hdfc Bank Limited₹175.00 CrOpen
06 Feb 2020Others₹75.00 CrOpen
12 Jul 2019Hdfc Bank Limited₹9.00 CrOpen

How Many Employees Work at Salzer Electronics?

Salzer Electronics has a workforce of 637 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Salzer Electronics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Salzer Electronics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Salzer Electronics

Recent activity within the organization

  • Annual General Meeting

    Salzer Electronics Limited last Annual general meeting of members was held on 14 Sep 2024 as per latest MCA records.

    14 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 175.00 Cr registered on 22 Jul 2020 with Charge ID 100362193 was modified on 04 Jul 2024.

    04 Jul 2024

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 06 Feb 2020 with Charge ID 100326100 was modified on 01 Jul 2024.

    01 Jul 2024

  • Director Appointment

    Sunder Rajan Raman was appointed as a Director was appointed as a Director on 15 Jun 2024 & has been associated with this company since 7 months 17 days .

    15 Jun 2024

  • Balance Sheet

    Salzer Electronics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 25.00 Cr registered on 12 Dec 2023 with Charge ID 100829694 was modified on 02 Jan 2024.

    02 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Salzer Electronics Limited was incorporated on 08 Jan 1985.

  • The authorized share capital of Salzer Electronics Limited is ₹ 20.00 Cr and paid-up capital is ₹ 17.68 Cr.

  • Currently 10 directors are associated with Salzer Electronics Limited.

    • Rajeshkumar Doraiswamy
    • Doraiswamy Rangaswamy
    • Veeraraghavan Sankaran
    • Nambi Iyengar Rangachary
    • Priya Bhansali
    • Doraiswamy Vishnurangaswamy
    • Sunder Rajan Raman
    • Rajeshkumar Doraiswamy
    • Murugesan K M
    • Sharat Chandra Bhargava
  • As per Ministry of Corporate Affairs (Mca), the registered address of Salzer Electronics Limited is Samichetti Palayamjothipuram Post Coimbatore India, Tamilnadu, Tamil Nadu, 641047.

  • The corporate identification number (CIN) of Salzer Electronics Limited is L03210TZ1985PLC001535 and the company number is 001535 as per Ministry of Corporate Affairs (MCA).

  • Yes, Salzer Electronics Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SALZERELEC.

  • The Official website of Salzer Electronics Limited is https://www.salzerelectonics.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Salzer Electronics Limited has risen by 29.11%.

  • As Per 2023 financial reports, 637 employees are currently employed by Salzer Electronics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Salzer Electronics Limited has experienced an upsurge of 14.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Salzer Electronics Limited amount to ₹ 451.02 Cr.

  • The most recent Balance Sheet for Salzer Electronics Limited was filed with the ROC on 31 Mar 2024.

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