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-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	24-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
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	24-May-2025   11:30:00
End date and time of board meeting	24-May-2025   16:10:00
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
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	No
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	No
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-24
Indicate Company website link for updated RPT policy of the Company	https://www.salzergroup.net/investors.html
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable

Financial Results Ind-AS
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	3655851000	13829259000
	Other income	26024000	54251000
	Total income	3681875000	13883510000
2	Expenses
(a)	Cost of materials consumed	2829110000	10826651000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-33973000	-340168000
(d)	Employee benefit expense	150032000	538938000
(e)	Finance costs	105991000	407967000
(f)	Depreciation, depletion and amortisation expense	56988000	222921000
(f)	Other Expenses
1	Other Expenses	448923000	1554489000
	Total other expenses	448923000	1554489000
	Total expenses	3557071000	13210798000
3	Total profit before exceptional items and tax	124804000	672712000
4	Exceptional items	-8300000	151831000
5	Total profit before tax	116504000	824543000
6	Tax expense
7	Current tax	24073000	176159000
8	Deferred tax	10098000	25801000
9	Total tax expenses	34171000	201960000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	82333000	622583000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	82333000	622583000
17	Other comprehensive income net of taxes	-4238000	1100000
18	Total Comprehensive Income for the period	78095000	623683000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	176827000	176827000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		5125979000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	4.66	35.3
	Diluted earnings (loss) per share from continuing operations	4.66	35.21
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	4.66	35.3
	Diluted earnings (loss) per share from continuing and discontinued operations	4.66	35.21
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Notes forming part of above STANDALONE results ni) The above Audited financial results were duly reviewed by the Audit Committee at its meeting held on May 24, 2025, and were taken on record and approved by the Board of Directors at their meeting held on May 24, 2025. nii) The Company operates in only one segment viz., Electrical installation products. niii) The Board recommended Dividend at the rate of 25% i.e Rs.2.50 per equity share of Rs.10/- each for the financial year 2024-25 and the Dividend, if approved by the shareholders, shall be payable to all eligible members whose names appearing in the Register of Members on the record date August 29, 2025. niv) During the Financial year review na) 3,00,000 equity shares were allotted upon conversion of warrants exercised by warrant subscribers and thereby the paid up share capital of the Company increased from Rs.17,38,27,370 comprising of 1,73,82,737 equity shares of Rs.10/- each to Rs. 17,68,27,370 comprising of 1,76,82,737 equity shares of Rs.10/- each; There are no share warrants outstanding after this conversion. nb) Subscribed additional 1,46,643 equity shares of Rs.10/- each for cash consideration of Rs.14.66 Lakh in Salzer EV Infra Private Limited, a wholly owned subsidiary company and nc) Sold out 1.60% equity stake in Subsidiary –Kaycee Industries Ltd in the market and generated a gain of Rs.16 Cr, and as the result of such sale, Holdings in this Subsidiary reduced to 71.91% nv)The Board of Director Approved writing off the entire equity investment of Rs. 83 lakhs, representing 67% holding in the subsidiary company, Salzer Kostad EV Chargers Private Limited, as the venture to develop EV charging stations in partnership with Kostad, an Austrian company, was found to be operationally unviable, yielded no economic value from the investment, and has been fully impaired in accordance with Ind AS 36 in the financial year 2024–25, and suitably dealt with in the standalone results nvi) Exceptional item represents net gain of Rs.15.17 crore, arising from sale of investment in Kaycee Industries Limited (Rs.16 crore), adjusted for impairment of investment in Salzer Kostad EV Chargers Private Limited (Rs.83 lakhs) under Ind AS 36 nd) Basic Earnings per share and Diluted Earnings per Share have been prepared in accordance with IND AS 33 and presented on the expanded capital prevailing on the relevant date. ne) Comparative figures have been regrouped / reclassified wherever necessary to confirm to current period's presentation. nf) The Figures for the quarter ended March 31, 2025 are the balancing figures between the audited figures in respect of the full financial years and the published year to date figures upto the third quarter of the Financial year; nFor SALZER ELECTRONICS LIMITED n nSd/- nD RAJESHKUMAR nJOINT MANAGING DIRECTOR nCHIEF FINANCIAL OFFICER n(DIN:00003126) n nCoimbatore - 641 047.t nMay 24, 2025t n

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	2900228000
	Capital work-in-progress	26204000
	Investment property	77000
	Goodwill	9342000
	Other intangible assets	39197000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	177911000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	25357000
	Total non-current financial assets	203268000
	Deferred tax assets (net)
	Other non-current assets	81523000
	Total non-current assets	3259839000
2	Current assets
	Inventories	3639986000
	Current financial asset
	Current investments	85569000
	Trade receivables, current	4085005000
	Cash and cash equivalents	16494000
	Bank balance other than cash and cash equivalents	36582000
	Loans, current	14191000
	Other current financial assets	23192000
	Total current financial assets	4261033000
	Current tax assets (net)
	Other current assets	489956000
	Total current assets	8390975000
3	Non-current assets classified as held for sale
4	Regulatory deferral account debit balances and related deferred tax Assets
	Total assets	11650814000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	176827000
	Other equity	5125979000
	Total equity attributable to owners of parent	5302806000
	Non controlling interest
	Total equity	5302806000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	223151000
	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	2824000
	Total non-current financial liabilities	225975000
	Provisions, non-current	177000
	Deferred tax liabilities (net)	269949000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	496101000
	Current liabilities
	Current financial liabilities
	Borrowings, current	3956164000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	189562000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1455911000
	Total Trade payable	1645473000
	Other current financial liabilities	9271000
	Total current financial liabilities	5610908000
	Other current liabilities	126721000
	Provisions, current	97365000
	Current tax liabilities (Net)	16913000
	Deferred government grants, Current
	Total current liabilities	5851907000
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	6348008000
	Total equity and liabilites	11650814000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
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
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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement of postnemployment benefit obligations	130000	-5270000
2	Change in fair value of FVOCI equityninstruments	-5060000	4709000
	Total Amount of items that will not be reclassified to profit and loss	-4930000	-561000
2	Income tax relating to items that will not be reclassified to profit or loss	-692000	-1661000
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	0
5	Total Other comprehensive income	-4238000	1100000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			824543000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			407967000
	Adjustments for decrease (increase) in inventories			-743777000
	Adjustments for decrease (increase) in trade receivables, current			-769805000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			34155000
	Adjustments for decrease (increase) in other non-current assets			-28500000
	Adjustments for other financial assets, non-current			-6220000
	Adjustments for other financial assets, current			6576000
	Adjustments for other bank balances			-8906000
	Adjustments for increase (decrease) in trade payables, current			193313000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			10158000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			222921000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			12480000
	Adjustments for provisions, current			-8227000
	Adjustments for provisions, non-current			-8409000
	Adjustments for other financial liabilities, current			-3138000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-28777000
	Adjustments for dividend income			-5338000
	Adjustments for interest income			-2945000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			561000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-130770000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-840115000
	Net cash flows from (used in) operations			-15572000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			179892000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			-195464000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			177953000
	Other cash payments to acquire equity or debt instruments of other entities			44424000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			25619000
	Purchase of property, plant and equipment			668681000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			20021000
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			411000
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			5338000
	Interest received			2945000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			17192000
	Net cash flows from (used in) investing activities	-504490000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			83550000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			-20889000
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1758615000
	Repayments of borrowings			658560000
	Payments of lease liabilities			-3391000
	Dividends paid			44207000
	Interest paid			407967000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			7030000
	Net cash flows from (used in) financing activities			720963000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			21009000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			21009000
	Cash and cash equivalents cash flow statement at beginning of period			13203000
	Cash and cash equivalents cash flow statement at end of period			34212000