Salzer Electronics reported strong FY26 consolidated revenue of 1,758 Cr, up ~24% YoY, fueled by Industrial Switchgear and Wire & Cable.

Net profit was 53.77 Cr, up ~2.5% YoY, though Basic EPS was 29.94, down ~15% YoY.

EBITDA margins faced pressure (~8.4%) due to raw material volatility.

The company's strategy targets doubling revenue and profit every four years.

New growth areas include Smart Meters, with a 4 million units p.a. capacity, and EV Charging, via a 30% stake in Ultrafast Chargers, aiming to double revenue.

An Energy Management project with BBMP is set to generate ~2-2.5 Cr/month recurring revenue from Q1 FY27. Recent developments include a Memorandum of Understanding with Wirepas for smart meter technology integration and a granted patent for a high-voltage disconnecting device.

Management aims for ~10% EBITDA margin by FY27 through price hikes, an improved product mix, and boosted exports, leveraging US tariff cuts and a new Saudi manufacturing plant.

The outlook is positive on industrial automation, smart infrastructure, and energy efficiency.

The board has recommended a dividend of Rs. 2.50 per equity share.