Salzer Electronics Share Price Target 2025, 2026, 2030, 2040, 2050
Salzer Electronics is an Indian company that makes electrical products like switches, and wires, and provides other services for industries, buildings, and energy. The company is well-known for making switchgear, wires, cables, and energy products. It is the largest maker of rotary switches in India and a leading producer of wire. Its products are sold in India and many other countries. Recently, It has started working on smart meters and electric vehicle chargers. The company aims to provide customers with high-quality and reliable electrical products.
- 1 What is Salzer Electronics Ltd NSE: SALZERELEC?
- 2 Share price Target Tomorrow
- 3 Salzer Electronics share price Target 2025
- 4 Salzer Electronics share price Target 2026
- 5 Share price Target 2027
- 6 Share price Target 2028
- 7 Share price Target 2029
- 8 Salzer Electronics share price Target 2030
- 9 Share price Target 2040
- 10 Share price Target 2050
- 11 Should I buy Salzer Electronics stock?
- 12 Salzer Electronics Ltd earning results
- 13 Is Salzer Electronics stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Salzer Electronics Ltd NSE: SALZERELEC?
Salzer Electronics was founded in 1985 in Coimbatore, India, by Mr. V. A. Salzer. It makes and sells electrical products. They offer products like control systems, power equipment, protection devices, automation tools, and renewable energy services. The company serves industries like power, energy, and manufacturing, providing reliable and creative electrical solutions. It focuses on using new technology and being environmentally friendly. It is known for its quality,it is trusted for creating safe and efficient electrical systems used in many industries worldwide.
From the start of the year, the stock has fallen much and after a long time the stock is finally showing a bullish move. The stock broke some of its swings low which were made during its bearish trend. If you are interested in buying this stock you can go for it but you should consider some more confirmation as short-term trading is risky, so at your risk.
| Day | Minimum Price (Rs) | Maximum Price (Rs) |
| Tomorrow | -40 | +73 |
The company is very popular in making Switchgear products and has been creating high-quality Electrical Relays, Energy Saving Devices, and Basic Cable Channels. It has built a strong reputation for its electrical and electronic products around the world. It has partnered with companies like M/s Larsen & Toubro Limited to sell their products in India. They also work with M/s Crompton Greaves Limited to handle sales abroad. In 2025, its share price target would be ₹1710, as per our analysis.
By our prediction, its share price would be between ₹754 to ₹1710 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 754 | 1710 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1136 | 1585 |
| February | 863 | 1276 |
| March | 830 | 1285 |
| April | 781 | 1300 |
| May | 754 | 1321 |
| June | 887 | 1382 |
| July | 990 | 1450 |
| August | 1074 | 1521 |
| September | 1264 | 1580 |
| October | 1390 | 1600 |
| November | 1454 | 1641 |
| December | 1600 | 1710 |
It has a lab, research and development (R&D) centre. The team works regularly to develop new products and keep up with the latest market trends. The company’s modern setup uses methods like Total Quality Management (TQM), Total Productive Maintenance (TPM), Six Sigma, Lean Manufacturing, and 5-S to ensure the best results. In 2026, its share price target would be ₹2380, as per our prediction.
Its share price would be between ₹1600 to ₹2380 in 2026, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 1600 | 2380 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1600 | 1741 |
| February | 1644 | 1800 |
| March | 1689 | 1810 |
| April | 1725 | 1845 |
| May | 1754 | 1887 |
| June | 1760 | 1921 |
| July | 1787 | 1954 |
| August | 1810 | 1978 |
| September | 1841 | 2054 |
| October | 1925 | 2174 |
| November | 2088 | 2274 |
| December | 2187 | 2380 |
The company is one of the leading providers of complete and customized electrical services in India, it offers products in areas like switchgear, wires and cables, and energy management. It provides a wide variety of products and has five manufacturing facilities in Coimbatore. The company was founded by the Salzer Group to produce electrical products such as CAM-operated rotary switches, switchgear products, and related items. Since its establishment, it has been continuously growing. In 2027, its share price target would be ₹2874, as per our analysis.
By our prediction, its share price would be between ₹2187 to ₹2874 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 2187 | 2874 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2187 | 2397 |
| February | 2245 | 2454 |
| March | 2287 | 2490 |
| April | 2336 | 2541 |
| May | 2366 | 2568 |
| June | 2384 | 2580 |
| July | 2425 | 2630 |
| August | 2458 | 2654 |
| September | 2474 | 2680 |
| October | 2490 | 2710 |
| November | 2533 | 2745 |
| December | 2684 | 2874 |
It also introduced new products like the ‘S’ Line series Phase Changing Control Panels and Switch Fuse Units to offer more options to its customers. The company started selling in the Australian market through a partnership. Over time, the company’s products have become well-known and are liked in countries such as Singapore, Malaysia, Australia, Greece, the USA, and the Middle East. People in these countries appreciate the high quality and reliability of the company’s products. In 2028, its share price target would be ₹3324, as per our prediction.
Its share price would be between ₹2684 to ₹3324 in 2028, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 2684 | 3324 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2684 | 2890 |
| February | 2744 | 2900 |
| March | 2822 | 2933 |
| April | 2850 | 2968 |
| May | 2878 | 2990 |
| June | 2887 | 3028 |
| July | 2907 | 3065 |
| August | 2930 | 3089 |
| September | 2956 | 3125 |
| October | 2977 | 3150 |
| November | 3058 | 3241 |
| December | 3187 | 3324 |
The company is also thinking about creating new electro-mechanical switches to meet the increasing demands of the automobile industry. To help with this, it is teaming up with L&T Ltd and Crompton Greaves Ltd to sell and promote its products in both local and international markets. The company started a joint venture called Salzer Global Services LLC, which took control of 50% of M/s. Global Technical Talent Inc. This partnership is meant to help the company grow and strengthen its presence in the global market. In 2029, its share price target would be ₹3929, as per our analysis.
By our prediction, its share price would be between ₹3187 to ₹3929 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 3187 | 3929 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3187 | 3350 |
| February | 3206 | 3378 |
| March | 3245 | 3421 |
| April | 3274 | 3488 |
| May | 3290 | 3521 |
| June | 3322 | 3565 |
| July | 3360 | 3590 |
| August | 3381 | 3658 |
| September | 3450 | 3722 |
| October | 3511 | 3790 |
| November | 3568 | 3846 |
| December | 3711 | 3929 |
The company bought the entire business operations of the Wire and Cable Segment from Salzer Magnet Wires Limited (SMWL) through a process known as a slump sale, which means the business was bought as a whole and continued to operate normally. This was done under a Business Transfer Agreement. Because of this agreement. In addition, the company created a joint venture by teaming up with an Austria-based company to form a new company called Salzer Kostad EV Chargers Pvt Ltd, which focuses on electric vehicle chargers.” In 2030, its share price target would be ₹4572, as per our prediction.
Its share price would be between ₹3711 to ₹4572 in 2030, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 3711 | 4572 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 3711 | 3958 |
| February | 3787 | 3980 |
| March | 3825 | 4022 |
| April | 3890 | 4068 |
| May | 3922 | 4088 |
| June | 3968 | 4154 |
| July | 3978 | 4200 |
| August | 4021 | 4233 |
| September | 4058 | 4270 |
| October | 4080 | 4336 |
| November | 4154 | 4452 |
| December | 4258 | 4572 |
The switchgear market is expected to grow a lot because of more investment in infrastructure and industries across the country. Some of the main trends include using digital technology, creating new products to help with power generation, and focusing on eco-friendly solutions. There is also a move towards using smart switchgear that can be controlled automatically and connected to the internet. Special switch gears are being made for industries that have important needs. In 2040, its share price target would be ₹8324, as per our prediction.
Its share price would be between ₹7231 to ₹8324 in 2040, as per our analysis.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 7231 | 8324 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7231 | 7387 |
| February | 7258 | 7422 |
| March | 7287 | 7468 |
| April | 7339 | 7511 |
| May | 7368 | 7565 |
| June | 7388 | 7590 |
| July | 7411 | 7674 |
| August | 7490 | 7710 |
| September | 7542 | 7864 |
| October | 7641 | 7987 |
| November | 7787 | 8057 |
| December | 7854 | 8224 |
It had a strong revenue, due to more demand for industrial switchgear and wire and cable products. This was because of the higher need for items like 3-phase dry-type transformers, wire harnesses, and relays. Their profits also grew a lot, mainly because of better sales in the more profitable switchgear business. The company’s profit after tax also went up during the second quarter. The industrial switchgear business brought in the most revenue, showing good growth and strong profits. In 2050, its share price target would be ₹12514, as per our analysis.
By our prediction, its share price would be between ₹11121 to ₹12514 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 11121 | 12514 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 11121 | 11345 |
| February | 11244 | 11451 |
| March | 11278 | 11487 |
| April | 11310 | 11525 |
| May | 11374 | 11590 |
| June | 11411 | 11687 |
| July | 11456 | 11758 |
| August | 11523 | 11800 |
| September | 11574 | 11884 |
| October | 11630 | 11930 |
| November | 11745 | 12254 |
| December | 11958 | 12514 |
Should I buy Salzer Electronics stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 754 | 1710 |
| 2026 | 1600 | 2380 |
| 2027 | 2187 | 2874 |
| 2028 | 2684 | 3324 |
| 2029 | 3187 | 3929 |
| 2030 | 3711 | 4572 |
| 2040 | 7231 | 8324 |
| 2050 | 11121 | 12514 |
The company’s ability to earn good profits, it has little debt and a strong cash reserve, shows that it is financially healthy. Even though the market has been going up and down recently, it keeps performing well and giving good returns. This makes it a great choice for people who want to see steady growth and stability in their investments over time.
Salzer Electronics Ltd earning results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 567 | 606 | 784 | 1,013 | 1,136 | 1,335 |
| Expenses + | 502 | 544 | 720 | 922 | 1,025 | 1,205 |
| Operating Profit | 65 | 62 | 64 | 91 | 110 | 130 |
| OPM % | 12% | 10% | 8% | 9% | 10% | 10% |
| Other Income + | 1 | 2 | 2 | 1 | 2 | 19 |
| Interest | 21 | 21 | 20 | 26 | 34 | 39 |
| Depreciation | 14 | 16 | 16 | 16 | 19 | 22 |
| Profit before tax | 30 | 27 | 30 | 50 | 59 | 88 |
| Tax % | 13% | 23% | 25% | 28% | 27% | |
| Net Profit + | 26 | 21 | 22 | 36 | 43 | 66 |
| EPS in Rs | 16.51 | 12.93 | 14.07 | 22.47 | 24.85 | 37.50 |
| Dividend Payout % | 0% | 12% | 13% | 10% | 10% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 27.58 | 3.98 3.98 | 0.23% | 42.61 | 6.18 | 0.67% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Salzer Electronics Ltd | 41.66 | 3.98 | 0.23% |
| Havells India Ltd | 73.66 | 12.57 | 0.60% |
| Polycab India Ltd | 43.43 | 9.40 | 0.58% |
| Kaynes Technology India Ltd | 170.19 | 12.54 | — |
Is Salzer Electronics stock good to buy? (bull case & bear case)
Bull Case:
- The company’s sales grew by 26.3% in December 2024 compared to the same time last year.
- The stock has gone up by 23.63% in the past year, which shows a positive performance.
- Experts believe the stock could go up by 23% from its current price, which could mean good returns for investors.
Bear Case:
- The stock’s price-to-earnings (P/E) ratio is 34.25, which is higher than the average for similar companies. This means it could be overpriced.
- The company’s ROE is 10.11%, which is considered low by some investors.
- Some calculations show the stock might be overpriced by 53%, meaning it could be worth less than it’s currently priced.
Conclusion
The stock has been going up and down recently, the company is growing steadily and doing well in the market. It has teamed up with other companies and started working on new products like electric vehicle chargers and smart meters. The company is financially strong, with little debt and good savings, making it a good choice for long-term investors. Also, its stock might be a bit expensive, so short-term investors should be careful. Overall, It has good growth potential, especially for long-term investment.
FAQs
The company has good growth potential because it’s doing well in the market and is expanding into new areas like electric vehicle chargers and smart meters.
If you want to invest for the long term, Salzer Electronics could be a good choice. But if you’re looking for quick profits, be careful, as the stock price might be too high.
As of March 26, 2025, Salzer Electronics’ P/E ratio is around 28.36.
