This electrical equipment powerhouse is ready to LIGHT UP revenue growth through smart switches and #EV infrastructure! Salzer Electronics, empowering India’s infra buildout through rotary switches, transformers & wire harnesses. ⚡️👷🏽♂️(A thread 🧵)
1. Strong Q2 results reflect robust B2B demand - Revenues ₹280.7 cr (+40% YoY). PAT at ₹10.2 cr (+6%). Clientele includes Schneider, Indian Railways. Exports rising with new #HVAC products. 📈
2. Leader in cam-operated rotary switches with 25%+ market share and integrated manufacturing ensuring quality. Exporting to 50+ countries. 🌍
4. Tie-up with L&T combined with global network spanning 40+ distributors powers expansion. Strong export growth at 46% YoY in H1 with share reaching 29% of sales. 📈🚛
5. Expanding presence in North America #HVAC market with new contactors and controllers. Targeting 3x growth in segment revenues by FY25. 💡🌡️
6. Guiding for sustaining 20%+ growth ahead, leveraging share gains in agriculture, infra segments. Confident on 100 cr+ revenue from wire harnesses. 📈👷🏽♂️
7. Launching fast DC #EV chargers in Q4 FY24 to capitalize on electrification wave. Ramping up production capacity. ⚡️🚘
8. Working to add 25+ new OEM customers across segments like #Auto, #Defence, #oilandgas . Expect to sustain industry-leading growth rates leveraging demand in #energy and #EV sectors. 🤝
A niche engineering champion delivering steady growth across segments. Future upside hinges on new smart products gaining traction. 📡🚨
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