Integrated Filing — IndAS



General information about company

Scrip Code 517059
NSE Symbol SALZERELEC
MSEI Symbol NOTLISTED
ISIN INE457F01013
Name of company SALZER ELECTRONICS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 23-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Manufacturing of Electrical Installation products
Start date and time of board meeting 23-05-2026   12:00:00
End date and time of board meeting 23-05-2026   12:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 47,414.31 1,75,837.96
Other income 17.27 149.42
Total income 47,431.58 1,75,987.38
2 Expenses
(a) Cost of materials consumed 37,911.04 1,36,626.48
(b) Purchases of stock-in-trade 411.92 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (1,068.95) (1,550.40)
(d) Employee benefit expense 2,001.36 7,174.90
(e) Finance costs 1,238.86 4,775.97
(f) Depreciation, depletion and amortisation expense 674.44 2,732.22
(f) Other Expenses
1 Other Expenses 5,032.76 18,881.43
Total other expenses 5,032.76 18,881.43
Total expenses 46,201.43 1,68,640.60
3 Total profit before exceptional items and tax 1,230.15 7,346.78
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,230.15 7,346.78
6 Tax expense
7 Current tax 92.72 1,607.35
8 Deferred tax 70.77 237.95
9 Total tax expenses 163.49 1,845.30
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,066.66 5,501.48
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (19.70) (124.17)
16 Total profit (loss) for period 1,046.96 5,377.31
17 Other comprehensive income net of taxes (74.76) (62.31)
18 Total Comprehensive Income for the period 972.20 5,315.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 1,026.76 5,294.16
Total profit or loss, attributable to non-controlling interests 20.20 83.15
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 951.65 5,231.50
Total comprehensive income for the period attributable to owners of parent non-controlling interests 20.55 83.50
21 Details of equity share capital
Paid-up equity share capital 1,768.27 1,768.27
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 57,497.39
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 5.81 29.94
Diluted earnings (loss) per share from continuing operations 5.81 29.94
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 5.81 29.94
Diluted earnings (loss) per share from continuing and discontinued operations 5.81 29.94
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes forming part of above CONSOLIDATED results i) Holding Company and Subsidiary company are primarily engaged in manufacturing only one segment (single segment) viz., Electrical installation products; ii) The above audited financial results were duly reviewed by the Audit Committee at its meeting held on May 23, 2026 and were taken on record and approved by the Board of Directors at their meeting held on May 23, 2026 along with the Audit report issued by the Statutory Auditor on Financial Results; iii) The Consolidated Financial Statements have been prepared on a going concern basis, except for one subsidiary, Salzer Kostad EV Chargers Private Limited and one step-down subsidiary, Salzer Emarch Electro-mobility Private Limited, which management has decided to strike off. The Board of Directors of the specific subsidiaries have decided to apply for voluntary strike-off and have therefore prepared their individual financial statements on a non-going concern (liquidation) basis. This decision is isolated to these specific components and does not impact the operational viability or the going concern assumption of the Group as a whole; therefore, the financial statements of all other group entities and these Consolidated Financial Statements continue to be prepared under the going concern assumption. iv) The Consolidated Financial Statements include the financial results of Salzer Electronics (Arabia) Limited, a wholly-owned overseas subsidiary, whose functional currency is the Saudi Riyal (SAR). For consolidation purposes, its financial statements have been translated into Indian Rupees (INR) in compliance with Ind AS 21 (The Effects of Changes in Foreign Exchange Rates). The financial results of this subsidiary have been audited by their independent auditors up to December 31, 2025, while the financial results for the subsequent quarter ended March 31, 2026, have been subjected to a limited review. Management has ensured that appropriate adjustments have been made for any significant transactions or events occurring between December 31, 2025, and March 31, 2026, to align with the Group's reporting period, and that uniform accounting policies have been applied under Ind AS 110 (Consolidated Financial Statements). v) The figures of the last quarter are the balancing figures between the audited figures in respect of the full financial year and the published year to date figures upto the third quarter of the respective financial years, which were subjected to limited review by the Statutory Auditors. Figures for the previous periods have been regrouped, wherever necessary, to conform to the current period's classification. For SALZER ELECTRONICS LIMITED Sd/- D RAJESHKUMAR JOINT MANAGING DIRECTOR (DIN:00003126) Coimbatore - 641 047. May 23, 2026



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 32,961.94
Capital work-in-progress 731.06
Investment property 0.77
Goodwill 708.34
Other intangible assets 320.96
Intangible assets under development 0.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 881.31
Non-current financial assets
Non-current investments 383.55
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 245.57
Total of other non-current financial assets 245.57
Total non-current financial assets 629.12
Deferred tax assets (net) 14.56
Other non-current assets
1 Other non-current assets 1,042.78
Total of other non-current assets 1,042.78
Total non-current assets 37,290.84
2 Current assets
Inventories 46,835.32
Current financial asset
Current investments 1,003.16
Trade receivables, current 44,552.53
Cash and cash equivalents 428.54
Bank balance other than cash and cash equivalents 615.46
Loans, current 116.84
Other current financial assets
Total of other current financial assets 221.81
Total current financial assets 46,938.34
Current tax assets (net) 161.25
Other current assets
1 Other current assets 5,956.64
Total of other current assets 5,956.64
Total current assets 99,891.55
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 1,37,182.39
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,768.27
Other equity 57,497.39
Total equity attributable to owners of parent 59,265.66
Non controlling interest 970.84
Total equity 60,236.50
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,808.38
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Net liability in leased assets 256.91
2 Other Non-Current Financial Liabilities 8.49
Total of other non-current financial liabilities 265.40
Total non-current financial liabilities 3,073.78
Provisions, non-current 287.81
Deferred tax liabilities (net) 2,926.55
Deferred government grants, Non-current
Other non-current liabilities
1 Other non-current liabilities 26.70
Total of other non-current liabilities 26.70
Total non-current liabilities 6,314.84
Current liabilities
Current financial liabilities
Borrowings, current 50,335.97
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 4,713.99
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 13,157.30
Total Trade payable 17,871.29
Other current financial liabilities
1 current maturity of leased liability 74.03
2 other financial liabilities 56.35
Total of other current financial liabilities 130.38
Total current financial liabilities 68,337.64
Other current liabilities 1,098.34
1 Other current liabilities 1,098.34
Total of other current liabilities 1,098.34
Provisions, current 1,181.84
Current tax liabilities (Net) 13.23
Deferred government grants, Current
Total current liabilities 70,631.05
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 76,945.89
Total equity and liabilites 1,37,182.39
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement of post employment benefit obligations 53.58 (54.36)
2 Change in fair value of FVOCI equity instruments (137.29) (24.17)
3 Foreign Currency Translation Reserve 2.81 (0.91)
Total Amount of items that will not be reclassified to profit and loss (80.90) (79.44)
2 Income tax relating to items that will not be reclassified to profit or loss (6.14) (17.13)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (74.76) (62.31)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 7,346.78
Adjustments for reconcile profit (loss)
Adjustments for finance costs 4,775.97
Adjustments for decrease (increase) in inventories (10,061.96)
Adjustments for decrease (increase) in trade receivables, current (4,004.91)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (1,008.70)
Adjustments for decrease (increase) in other non-current assets (198.97)
Adjustments for other financial assets, non-current 186.10
Adjustments for other financial assets, current 39.40
Adjustments for other bank balances (43.63)
Adjustments for increase (decrease) in trade payables, current 6,716.28
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (287.12)
Adjustments for increase (decrease) in other non-current liabilities 0.25
Adjustments for depreciation and amortisation expense 2,732.22
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 23.25
Adjustments for provisions, current 390.03
Adjustments for provisions, non-current 62.58
Adjustments for other financial liabilities, current (42.00)
Adjustments for other financial liabilities, non-current 0.74
Adjustments for unrealised foreign exchange losses gains 158.27
Adjustments for dividend income 4.16
Adjustments for interest income 73.03
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (87.34)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (64.43)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (791.16)
Net cash flows from (used in) operations 6,555.62
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,958.72
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 4,596.90
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 2.98
Other cash payments to acquire equity or debt instruments of other entities 376.37
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 18.35
Purchase of property, plant and equipment 5,848.66
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 51.15
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 469.02
Cash advances and loans made to other parties 4.22
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 4.16
Interest received 73.03
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 59.81
Net cash flows from (used in) investing activities (6,591.09)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 87.79
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 7,409.29
Repayments of borrowings 0.00
Payments of lease liabilities 31.76
Dividends paid 459.90
Interest paid 4,775.97
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (158.27)
Net cash flows from (used in) financing activities 2,071.18
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 76.99
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 76.99
Cash and cash equivalents cash flow statement at beginning of period 351.55
Cash and cash equivalents cash flow statement at end of period 428.54





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s.Swamy & Ravi Yes 31-07-2026