'
Salzer Electronics hosted a
conference call on May 27, 2025. In the conference call the company was
represented by Rajesh Doraiswamy, Joint Managing Director.
Key takeaways of the call
Expect 18-20% growth in revenue
for existing business excluding smart meters in FY26. The company expects a
revenue of Rs 400-500 crore in smart meter business in FY26.
Q4FY25 is a one off quarter and expect
margins to revert to 10.5% as smart meter business sees its strong revenue
traction in the coming quarters.
EBITDA margin in Q4FY25 was
impacted by higher expenses from the new smart meter. It has incurred a
expenses of Rs 8-10 crore for full year towards Smart Mete business. Loading of expenses of Smart Meter has hit
the margin in Q4FY25. The revenue of Rs
5 crore revenues could not fully recover the cost on the smart meter plant.
In Q4FY25, received a second
order valued at Rs 50 crore fo...
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