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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Salzer Electronics Limited is an India-based company, which is engaged in the manufacture of electrical installation products and components. The Company’s products include cam-operated rotary switches, load break switches (Disconnects), toroidal transformers, general-purpose…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, trading cheap versus its own history.
Salzer Electronics is scored on the commodity / cyclical framework. It keeps a thin 3.1% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.84×). Free cash flow is worth about -2.4% of its market value.
Over the last 3 years revenue compounded at 19%/yr and profit at 12%/yr. Book value has grown 13%/yr. Return on equity is a modest 8.9%. In the latest quarter profit fell 12% versus the prior quarter.
At 16× earnings, the stock sits at the 15th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~8%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 18.81 | 28.09 | better |
| P/B | 1.42 | 6.18 | better |
| EV/EBITDA | 10.06 | 18.03 | better |
| ROE | 8.93 | 6.94 | better |
| ROCE | 10.75 | 11.6 | worse |
| ROA | 3.43 | — | — |
| Quick Ratio | 0.75 | 1.61 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| BHEL | 50.7 | 5.5 | 10.8% |
| ABB India | 70.7 | 47.9 | 22.4% |
| CG Power | 89.3 | 13.9 | 15.7% |
Revenue has grown every year across all 4 financial years shown. 19% CAGR over 3 years — steady double-digit compounder.
Net profit has risen every year — the hallmark of a compounder. Revenue is outpacing profit (19% vs 12%) — costs are rising faster than the top line.
Operating margins have been stable around 4% — no major structural shift.
ROE at 9% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (12% vs 7%) — share dilution is eroding per-share value. 7% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 5% sequentially — momentum is building. Run-rate stepping up — recent quarters average 15% above earlier ones.
Profit fell 12% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 37.5% — dispersed ownership; institutional flows drive the stock. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.