Saturday 2 August 2014

Salzer Electronics: High Potential Multibagger

Saturday 2 August 2014


1. 40% market share for rotary switches in India.
2. L&T holding 26% stake in the company. Proxy to Infra play.
3. Sales consistently increasing from Rs 176 Crs in FY 10 to Rs 244 Crs in FY 14.
4. June 14 sales and PAT at Rs 68.70 Crs and 3.16 Crs respectively compared to Sale and PAT of Rs 53.14 Crs and Rs 2.27 Crs in June 13.
5. Consistently dividend paying.
6. Rated 'A-' by crisil.
7. Largest Supplier to Indian Railways.
8. Sales of Rs 244 Crs but avaiable at a market cap of only Rs 134 Crs.

good buy at cmp of Rs 108 for Medium term to long term.

Screener listings: or "Seth-Klarmans" Company search mechanisms. 
( will post an article later once i get time )

Those who want to know more can watch the video below.



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