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Company Announced Smart Meter Manufacturing Hub; Know The Target Price

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Multibagger Stock: Share of Salzer Electronics Ltd (NSE: SALZERELEC) has seen a rise of up to 9.80 percent on Friday. This jump in the shares of the company was seen after the arrival of the news. 

The company has announced in its announcement to stock exchanges that it is planning to construct an advanced manufacturing facility for smart meters in Coimbatore.

 After This News, Company’s Share Price Reached Rs 620 On BSE

Significant growth is anticipated in the business of smart meters in India. It is predicted that over 3 years it will require crore to become smart meter. In this scenario, Salzer Electronics Ltd has its sights fixed on this market’s growth.

How Does The Performance Of The Company Compared To The Performance Of The Market?

In the past month, shares of the company’s prices has increased by 45 percent or more. At the same time, investors who hold shares for six months have risen over 66.86 percent so far.

 This year the company has increased by more than doubling the amount of money invested by positional investors. In this time the cost of shares issued by the company has risen by 133.

 The 52-week high of BSE has been Rs.675 and its 52-week low is at 236 per share. The market cap of the company is Rs 1051.66 crore.

Veteran Investors Also Have Shares

According to the shareholding of December 2023, the company has also invested in veteran investor Dolly Khanna who bought 1,74,500 shares. The total holding in the firm is one percent.

About Salzer Electronics Ltd 

Salzer Electronics Limited is engaged in the manufacture of electrical installation equipment and components.

The company designs, develops, and produces computer-aided design (CAD) operated switch rotary and switch selectors, wire conduits voltmeter switch cables and copper wires, and allied products.

It provides various customers in electrical equipment such as power, medical equipment automobile, and continuous and renewable power system areas.

The company’s product categories are motor control, industrial components, products, as well as transformers.

Industrial components: cable ducts, sensors, changeover switches and solar isolators, general-purpose-relays, and terminal connectors.

The products for motor control they offer comprise overload relays and contactors along with motor Protection Circuit Breakers (MPCB).

The transformers it sells include three-phase lamination transformers as well as the chokes and inductors. The company also offers coated copper wire as well as flexible.

Fundamental Analysis of Salzer Electronics Ltd

Market Cap₹ 1,112 Cr.
Current Price₹ 669
52-wk High₹ 657 
52-wk Low₹ 236
Stock P/E27.8
Book Value₹ 245
Dividend₹ 245
ROCE12.0 %
ROE9.70 %
Face Value₹ 10.0
P/B Value2.54
OPM9.22 %
EPS₹ 24.0
Debt₹ 292 Cr.
Debt to Equity0.68

Salzer Electronics Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹670₹723
2025₹734₹787
2026₹800₹900
2027₹923₹1000
2028₹1231₹1567
2029₹1675₹1987
2030₹2132₹2532
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Salzer Electronics Ltd Shareholding Pattern

Promoters Holding
Dec 202232.34%
Mar 202333.18%
June 202333.94%
Sept 202335.13%
Dec 202337.21%
FII Holding
Dec 20225.77%
Mar 20235.38%
June 20235.78%
Sept 20236.06%
Dec 20233.93%
DII Holding
Dec 20220.00%
Mar 20230.00%
June 20230.18%
Sept 20230.14%
Dec 20230.14%
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Public Holding
Dec 202261.87%
Mar 202361.46%
June 202360.11%
Sept 202358.59%
Dec 202358.73%

Salzer Electronics Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 560 Cr
2020₹ 567 Cr
2021₹ 606 Cr
2022₹ 784 Cr
2023₹ 1,113 Cr

Last 5 Years’ Net Profit:

2019₹ 24 Cr
2020₹ 26 Cr
2021₹ 21 Cr
2022₹ 22 Cr
2023₹ 40 Cr
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Last 5 Years’ Debt-To-Equity Ratio:

2019
20200.56
20210.6
20220.7
20230.67

Last 10 Years’ Profit Growth:

10 Years:18%
5 Years:12%
3 Years:11%
Current Year:28%

Last 10 years’ Return on Equity (ROE):

10 Years:8%
5 Years:8%
3 Years:8%
Last Year:10%

Sales Growth Over 10 Years:

10 Years:16%
5 Years:18%
3 Years:21%
Current Year:18%

Conclusion

This article is a complete guide about Salzer Electronics Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

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