Salzer Electronics Ltd. — Interim / Quarterly Report 2025

Feb 12, 2025

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Q3 & 9MFY25

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Disclaimer

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This presentation has been prepared by Salzer Electronics Limited (the “Company”) solely for information purposes and does not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment what so ever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company.

This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded.

Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections.

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TABLE OF CONTENTS Table of Contents

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FINANCIAL HIGHLIGHTS COMPANY OVERVIEW BUSINESS OVERVIEW WAY AHEAD

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FINANCIAL HIGHLIGHTS

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Joint Managing Director’s Message

“

During the third quarter of the financial year, we registered a strong growth in consolidated revenues of Rs. 341.46 crores with EBITDA (excluding other income) and PAT of Rs. 35.99 crore and Rs. 15.50 crore, respectively. This growth was mainly driven by switchgear & building products businesses. This growth has been achieved despite the slight slowdown setting in amidst macro-economic uncertainties and continued geo-political tensions in parts of world.

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Coming to our new product of smart meters, I am very happy to share that our first order of Rs. 5 Cr for smart meters has been dispatched, marking a significant milestone in our commitment to advancing smart grid technology. This achievement reflects our strong execution capabilities and reinforces customer confidence in our solutions. With this successful delivery, we are optimistic about securing the next order from the same customer, further strengthening our partnership and driving sustained growth in the smart metering segment.

We remain dedicated to maintaining this growth momentum as we strive for greater achievements. At Salzer, innovation is at the core of our strategy, and our diverse product portfolio, along with a strong market presence, positions us to set new industry benchmarks. With a promising outlook for both domestic and export markets, we remain confident in our overall business performance.

Commenting on the Company’s performance,

Mr. Rajesh Doraiswamy

Joint Managing Director, Salzer Electronics Ltd said:

I thank the entire team at Salzer Electronics for their untiring efforts and all our stakeholders for their continued support and faith in our Company. ”

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Key Consolidated Financial Highlights – Quarterly

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Revenue, EBITDA (excluding other income), PAT (Rs. Crore)

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Revenue EBITDA PAT
400 40.0
341.5
356.9
35.3
350 35.0
326.6
31.0 344.2
302.7
33.1 33.5 36.0
288.7
300 280.7 30.0
270.4 27.3
245.6 245.6
250 26.8 25.0
26.1
25.6
24.9 24.7
200 20.0
15.5
14.8
150 13.5 13.3 15.0
9.6 10.5 9.9 10.2 10.1
100 10.0
50 5.0
0 0.0
Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25
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Q3 FY25 Revenue Breakup – Business Verticals

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Q3 FY24 Q3 FY25
54.8%
60.8%
Industrial Switchgear
Industrial Switchgear
6.2% 39.0% 6.8% 32.4%
Building Segment Wire & Cable Building Segment Wire & Cable
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• Industrial Switchgear – 60.8% of net revenues

• Wires & Cables – 32.4 % of net revenues

• Building Electrical Products – 6.8% of net revenues

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Q3 FY25 Revenue Breakup – Geographical

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Q3 FY24 Q3 FY25
8.6% 1.1%
2.3%
Middle East 13.5%
Asia (Exclu. India) Middle East
8.4% Asia (Exclu. India)
North & South
America
8.2%
North & South
6.4% America
Europe
6.8%
Europe
69.3%
75.5% India
India
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 Contribution from Exports at 30.68%

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Q3 FY25 Consolidated Financial Highlights

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Rs. in Crore	Q3 FY25	Q3 FY24	Y-o-Y %	Q2 FY25
Net Revenue	341.46	270.35	26.30%	344.23
Raw Materials	247.92	198.28		252.77
Employee Cost	15.53	11.74		14.35
Other Expenses	42.02	29.31		41.81
Total Expenditure	305.47	239.33		308.93
EBITDA(Excluding other Income)	35.99	31.02	16.01%	35.31
EBIDTA Margin(%)	10.54%	11.48%	(94 bps)	10.26%
Other Income	1.97	0.67		15.63
Depreciation	6.18	4.88		5.66
Interest / Finance Cost	10.56	8.71		10.16
Exceptional Item (Gain) / Loss	0.00	0.00		0.00
Profit Before Tax	21.22	18.11		35.11
Share of profit from Associate	(0.03)	0.00		0.00
Tax	5.68	4.63		7.83
Profit After Tax	15.50	13.48	14.98%	27.28
Profit After Tax Margin(%)	4.54%	4.99%	(45 bps)	7.92%
Basic EPS(Rs.)	8.77	7.98	9.90%	15.43

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9M FY25 Consolidated Financial Highlights

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Rs. in Crore	9M FY25	9M FY24	Y-o-Y %
Net Revenue	1,042.60	839.74	24.16%
Raw Material Expenses	778.64	637.93
Employee Expenses	42.62	33.37
Other Expenses	116.58	84.55
Total Expenditure	937.85	755.85
EBITDA(Excluding other Income)	104.75	83.90	24.86%
EBITDA Margin(%)	10.05%	9.99%	6 bps
Other Income	18.87	1.70
Depreciation	17.45	14.70
Interest/Finance Cost	30.46	25.03
Exceptional Item(Gain) /Loss	0.00	0.00
PBT	75.71	45.87
Share ofprofit from Associate	(0.03)	0.00
Tax	18.14	12.12
PAT	57.53	33.75	70.47%
PAT Margin(%)	5.52%	4.02%	150 bps
Basic EPS(Rs.)	32.65	19.22	69.88%

 Increase in Revenue – driven by business of Industrial switchgear and Building product division

 Contribution from exports was 28.70% in 9MFY25

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9M FY25 Revenue Breakup – Business Verticals

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9M FY24 9M FY25
55.0%
58.0%
Industrial Switchgear
Industrial Switchgear
5.9% 39.1% 5.5% 36.5%
Building Segment Wire & Cable Building Segment Wire & Cable
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• Industrial Switchgear – 58.0% of net revenues

• Wires & Cables – 36.5% of net revenues

• Building Electrical Products – 5.5% of net revenues

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9M FY25 Revenue Breakup – Geographical

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9M FY24 9M FY25
9.6% 1.3% 2.1%
Asia (Exclu. India) Middle East 11.4% Middle East
Asia (Exclu. India)
8.9%
North & South
8.9%
America
North & South
America
8.0%
Europe 6.3%
Europe
72.3%
71.3%
India
India
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 Contribution from exports was 28.70% in 9M FY25

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Key Consolidated Financial Highlights – Annual

Revenue (Rs. Crore) EBITDA (Rs. Crore) / Margins (%)

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1166.3
1037.2
783.6
605.6
566.9
FY20 FY21 FY22 FY23 FY24
Net Profit (Rs. Crore)
4.7% 3.8% 5%
4.0%
3.4%
4%
2.9%
3%
47.1
39.6 2%
20.7 22.5 1%
26.4
0%
FY20 FY21 FY22 FY23 FY24
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140 11.5% 10.2%
9.3%
120
10.0%
100 8.1%
80
60 117.0
95.9
40
65.2 61.8 63.8
20
0
FY20 FY21 FY22 FY23 FY24
Earning per Share(Rs.)
27.38
24.21
16.5
14.07
12.9
FY20 FY21 FY22 FY23 FY24
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Return on Capital Employed ( %)
12.7%
11.6%
11.0%
9.4%
8.6%
FY20 FY21 FY22 FY23 FY24
Debt to Equity(X)
0.71
0.68
0.65
0.60
0.56
FY20 FY21 FY22 FY23 FY24
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Key Consolidated Balance Sheet Highlights – Annual

Return on Equity (%)

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9.7% 9.9%
6.2% 6.4% 6.4%
FY20 FY21 FY22 FY23 FY24
Networth as on 31st March (Rs. Crore)
473.46
407.71
351.47
331.3
309.4
FY20 FY21 FY22 FY23 FY24
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Return on Capital Employed – EBIT/Total Capital Employed (Total Shareholders equity+LT Debt+ST Debt+Current Maturity of LT Debt-Non Current Investment), RoE – Net Profit/Networth , Debt to Equity* = Total Debt/ Networth

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Working Capital & Borrowings

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Working Capital (Cr.) – Bar Chart Working Capital (Days) – Line Chart

Borrowing (Cr.)

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179
165
157
154
147
233.2
181.6
122.3
106.2
91.9
FY20 FY21 FY22 FY23 FY24
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294.88
264.77
235.4
183.28
155.91
17.78 16.27 12.41 7.78 12.99
FY20 FY21 FY22 FY23 FY24
Long Term Borrowing Short Term Borrowing
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COMPANY OVERVIEW

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About Us

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• Leading player offering total and customized electrical solutions  Incorporated in 1985

  • State-of- art manufacturing facilities  Seven manufacturing units located in Tamil Nadu

  • State-of- art manufacturing facilities Quality Standards, Assurance &  Seven manufacturing units located in Certifications Tamil Nadu  ISO 9001; ISO 14001; ISO 45001;

  • More than 15 products catering to UKAS Management; IATF 16949 Industrial / Building Electrical /  International Approvals Automobile verticals

• Experienced Management Team  Significant experience in Engineering Industry

• Headquartered in Coimbatore, Tamil Nadu

• Caters to sectors such as Engineering, Automotive, Tractor, Bearing and Allied Industries

• Long term vision and proven ability to achieve long term goals for Company

• Technical collaboration with Plitron for Toroidal transformers – 1st Company to bring technology to India, Joint Venture with C3Controls for contactors and relays

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Strong Domestic & International Customer Base for forging applications

Extensive Product offerings –

200+ Reputed and long-term customers

• Preferred supplier to GE, Schneider and only approved supplier of Nuclear Power Corporation

• Presence in Industrial Switchgears, Wires & Cables, Energy management and Smart Metering business

• Own distribution network – local and global – export to 50 countries with 40 International distributors

• Largest manufacturer of Cam Operated Rotary Switches – Market leader with 25% share

• Largest supplier of rotary and load break switches to Indian Railways

• Access to L&T’s local network through more than 350 distributors

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From a Single Product Company…

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	2018 – Till Date Established to manufacturer of CAM operated Rotary Switches Unit I (Coimbatore) – manufacture contactors, relays, panels, energy savers Starting of long term association with L&T Technical collaboration with Plitron for manufacture of Toroidal Transformers 1st Indian company to bring technology to India Unit III - manufacture modular switches Started manufacturing of Wire & Cable for L&T Leading player offering total and customized electrical solutions More than 15 different products 2,000 employees 5 manufacturing units Foray into tailor made products and branding for large customers Specialized panels for OEMs 2015 - 2020 2001 - 2014 20 1 – Till Date 1985 - 1995 Started commercial production of Three Phase Dry Type Transformers Acquired Salzer Magnet Wires Upgrade in Credit Rating for long-term borrowing to ‘CRISIL A/Stable’ Acquired Kaycee Industries Ltd. Forays into EV Business through JVs with Kostad Steuerungsbau GmbH and EMarch LLP Set up new manufacturing rented facility strategically located in Hosur, Tamil Nadu – production to commence in March 2023 Kostad Steuerungsbau GmbH - JV Company has become a Subsidiary Company with shareholding of 60% Building “one-of-its-kind Fully Integrated” Smart Meter manufacturing facility in India Planning a total CAPEX of ₹50 crore for FY25, with ₹25 crore allocated to the Smart Meter factory and another ₹20 crore for additional CAPEX. Investment of ₹8 crore for a 30% stake in	2018 – Till Date Established to manufacturer of CAM operated Rotary Switches Unit I (Coimbatore) – manufacture contactors, relays, panels, energy savers Starting of long term association with L&T Technical collaboration with Plitron for manufacture of Toroidal Transformers 1st Indian company to bring technology to India Unit III - manufacture modular switches Started manufacturing of Wire & Cable for L&T Leading player offering total and customized electrical solutions More than 15 different products 2,000 employees 5 manufacturing units Foray into tailor made products and branding for large customers Specialized panels for OEMs 2015 - 2020 2001 - 2014 20 1 – Till Date 1985 - 1995 Started commercial production of Three Phase Dry Type Transformers Acquired Salzer Magnet Wires Upgrade in Credit Rating for long-term borrowing to ‘CRISIL A/Stable’ Acquired Kaycee Industries Ltd. Forays into EV Business through JVs with Kostad Steuerungsbau GmbH and EMarch LLP Set up new manufacturing rented facility strategically located in Hosur, Tamil Nadu – production to commence in March 2023 Kostad Steuerungsbau GmbH - JV Company has become a Subsidiary Company with shareholding of 60% Building “one-of-its-kind Fully Integrated” Smart Meter manufacturing facility in India Planning a total CAPEX of ₹50 crore for FY25, with ₹25 crore allocated to the Smart Meter factory and another ₹20 crore for additional CAPEX. Investment of ₹8 crore for a 30% stake in	2018 – Till Date Established to manufacturer of CAM operated Rotary Switches Unit I (Coimbatore) – manufacture contactors, relays, panels, energy savers Starting of long term association with L&T Technical collaboration with Plitron for manufacture of Toroidal Transformers 1st Indian company to bring technology to India Unit III - manufacture modular switches Started manufacturing of Wire & Cable for L&T Leading player offering total and customized electrical solutions More than 15 different products 2,000 employees 5 manufacturing units Foray into tailor made products and branding for large customers Specialized panels for OEMs 2015 - 2020 2001 - 2014 20 1 – Till Date 1985 - 1995 Started commercial production of Three Phase Dry Type Transformers Acquired Salzer Magnet Wires Upgrade in Credit Rating for long-term borrowing to ‘CRISIL A/Stable’ Acquired Kaycee Industries Ltd. Forays into EV Business through JVs with Kostad Steuerungsbau GmbH and EMarch LLP Set up new manufacturing rented facility strategically located in Hosur, Tamil Nadu – production to commence in March 2023 Kostad Steuerungsbau GmbH - JV Company has become a Subsidiary Company with shareholding of 60% Building “one-of-its-kind Fully Integrated” Smart Meter manufacturing facility in India Planning a total CAPEX of ₹50 crore for FY25, with ₹25 crore allocated to the Smart Meter factory and another ₹20 crore for additional CAPEX. Investment of ₹8 crore for a 30% stake in	2018 – Till Date Established to manufacturer of CAM operated Rotary Switches Unit I (Coimbatore) – manufacture contactors, relays, panels, energy savers Starting of long term association with L&T Technical collaboration with Plitron for manufacture of Toroidal Transformers 1st Indian company to bring technology to India Unit III - manufacture modular switches Started manufacturing of Wire & Cable for L&T Leading player offering total and customized electrical solutions More than 15 different products 2,000 employees 5 manufacturing units Foray into tailor made products and branding for large customers Specialized panels for OEMs 2015 - 2020 2001 - 2014 20 1 – Till Date 1985 - 1995 Started commercial production of Three Phase Dry Type Transformers Acquired Salzer Magnet Wires Upgrade in Credit Rating for long-term borrowing to ‘CRISIL A/Stable’ Acquired Kaycee Industries Ltd. Forays into EV Business through JVs with Kostad Steuerungsbau GmbH and EMarch LLP Set up new manufacturing rented facility strategically located in Hosur, Tamil Nadu – production to commence in March 2023 Kostad Steuerungsbau GmbH - JV Company has become a Subsidiary Company with shareholding of 60% Building “one-of-its-kind Fully Integrated” Smart Meter manufacturing facility in India Planning a total CAPEX of ₹50 crore for FY25, with ₹25 crore allocated to the Smart Meter factory and another ₹20 crore for additional CAPEX. Investment of ₹8 crore for a 30% stake in
		Established to manufacturer of CAM operated Rotary Switches Unit I (Coimbatore) – manufacture contactors, relays, panels, energy savers Starting of long term association with L&T Technical collaboration with Plitron for manufacture of Toroidal Transformers 1st Indian company to bring technology to India	Unit III - manufacture modular switches Started manufacturing of Wire & Cable for L&T Leading player offering total and customized electrical solutions More than 15 different products 2,000 employees 5 manufacturing units Foray into tailor made products and branding for large customers Specialized panels for OEMs	Started commercial production of Three Phase Dry Type Transformers Acquired Salzer Magnet Wires Upgrade in Credit Rating for long-term borrowing to ‘CRISIL A/Stable’ Acquired Kaycee Industries Ltd.

 Kostad Steuerungsbau GmbH - JV Company has become a Subsidiary Company with shareholding of 60%  Building “one-of-its-kind Fully Integrated” Smart Meter manufacturing facility in India  Planning a total CAPEX of ₹50 crore for FY25, with ₹25 crore allocated to the Smart Meter factory and another ₹20 crore for additional CAPEX.  Investment of ₹8 crore for a 30% stake in Ultrafast Chargers Private Limited, a startup in EV charger manufacturing.  Incorporated a Wholly Owned Overseas Subsidiary - Salzer Electronics Arabia Limited

… to manufacturing multiple products across sectors

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Professional Management

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R. Doraiswamy - Managing Director

• Qualified Electrical Engineer and Technocrat Entrepreneur with over 4 decades of experience

• Vast Experience in Foreign Collaboration & wide global contacts

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M Laksminarayana - VP - Operations

• B.E (Electrical) with over 2 decades of experience

• Responsible for Production, Planning, Inventory Management, Maintenance & General Administration

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D. Rajeshkumar – Joint Managing Director

• Electrical Engineer, India; Postgraduate in Business Management, US

• JMD of Company - responsible for driving the vision of Company

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R. Menaka – General Manager - Accounts

• Degree in Commerce with over 3 decades of experience

• Extensive expertise in Accounts, Finance, and Taxation

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P. Sivakumar A - AVP – Marketing Corporate

• Bachelors in Engineering with over 3 decades of experience

• Responsible for Sales & Marketing division

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R Karunakaran - GM – PR & GST

• BSc, Diploma in Marketing Management with more than 3 decades of experience

• Responsible for GST and Public Relations of Company

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BUSINESS OVERVIEW

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Business Overview

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Industrial Switch Gear Products

• Transformers

• Terminal Blocks  Rotary Switches

Building Electrical Products

• Isolators

• Modular Switches

• General Purpose relays

• Wires & Cables

• Wiring Ducts

• MCB’s

• MPCB’s

• Contactors & OLR’s Changeovers

• Control Panels

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Wire & Cable

• Wires & Cables

• Flexible Bus Bars

• Enamelled Wires

• Bunched Conductors

• Tinned Copper Wires

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Smart Meters

 Single Phase Meters  Three Phase Energy Meters Management products

• Energy Savers

• Street Light Controllers

• Wire Harness

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Wide Product Suite- Customized for OEM’s

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Coils / Inductors
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Terminal Sockets
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Panels
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CT’s
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In-house manufacturing and R&D enables superior customization of products

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Key Strengths

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Complete Backward Integration

In-house manufacturing facilities with process capabilities ensures better product development and customization

01

Well developed R&D enables continual product innovation

Wide Product Suite

Amongst few players in India, to offer total & customized electrical solutions Wide product basket – 15 products developed in-house

03

Largest manufacturer and market leader in CAM operated rotary switches

Strong Customer Relationships

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Strong customer relationships across globe

Preferred supplier to GE, Schneider and only approved supplier of Nuclear Power Corporation

Largest supplier of rotary and load break switches to Indian Railways

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Wide Distribution Network

Wide distribution network – international and domestic

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Tie up with L&T – access to over 350 dealers in India; own network for modular switches with 50 stockists in 4 southern & western states

Direct network across 50 countries with 40 international distributors

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Advanced Engineering Capabilities

Strong engineering capabilities backed by inhouse manufacturing and R&D team

Technical collaboration with Plitron for Toroidal transformers – 1st Company to bring technology to India, Joint Venture with C3Controls for contactors and relays

Resulting in all products been international certified and universal acceptance

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Seven Manufacturing facilities...

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Unit 1 Unit 3
Unit 2
Wiring Accessories
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Unit 5
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Rotary Switch Contactors & Relays Panel Assembly Toroidal Transformers Lighting Energy Savers Isolators (Dis-connectors) Automatic Meter Terminals Reading Wiring Ducts Three Phase Dry Type Transformers MPCB

Unit 4 Enamelled Copper Wires Fine Enamelled Copper Wires Polyester Coated Winding wires

Wires & Cables

Hosur Plant

Wire Harnesses Toroidal Transformers

Annur Plant

Smart Meters

Flexible Bus Bars

Wire Harness

Bunched Conductors

3 PH Transformers

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Tinned Wires

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...With In-house process capabilities...

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 Full fledged Type testing laboratory

• Loads up to 500Amps

• Environmental test chamber for humidity test

• Salt spray test & all other basic tests as per UL Standards

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• In-house tool room facility for manufacturing and servicing of Moulds and press tools

• CNC Wire Cut Machines and Spark erosion machines

• CNC Machining center, EDM Drilling

• Conventional machines

• Latest digital measuring equipment

• Inspected and certified by GE Tool Divisionca

More than 80% components made in-house

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...And a strong R&D team

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• In-house R&D Center

R&D expenses (Rs crore)

• More than 35 engineers

• Recognized by Department of Science, Govt of India

• Patented Rotary switches

• Six patents in process

• Manual Single-Phase Starter with no voltage tripping, Energy Saver System for Street Lighting, Track Feed Battery Changer Over System, Heavy duty energy efficient automatic source change over, Training warning system and Modular Housing

• Received two patents for CAM operated rotary switch & Motor Protection Circuit Breaker’ for duration of 20 years, ending 2036

• 1[st] of its kind product in India

• Designed and manufactured Load Break Switches, Single Hole Mounting Switches, Halogen Free Cable Ducts, Flat Wire Ducts, Flexible Bus Bars etc

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12.00 12.00
10.37
10.04
9.07
FY20 FY21 FY22 FY23 FY24
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Continual focus on product innovation
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Internationally certified

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ISO 9001

ISO 14001

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CB certification

RoHS

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CE Certification
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Intertek Semko approval

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ISO 18001

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CSA Certification
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UL Certification

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... Across entire product portfolio

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Blue Chip Customers

• Marketing Tie-up with L&T for Indian Market

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• Largest supplier of rotary switches to Indian Railways

• Branding partner to various large OEM’s in India

• Technical Tie-up with American Company C3Controls, to manufacture & market contactors & overload relays

• Technical Tie-up with Trafomodern for Three Phase Transformers

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• Preferred supplier to:

• Nuclear Power Corporation

• Schneider Electric

• GE Energy

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Wide Distribution Network

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International

• Direct network across 50 countries

• 27% of sales from exports (FY24)

• 40 international distributors

• Plans to expand in US, Africa and Middle east

Domestic

• Tie up with L&T – access to more than 350 dealers in India

• Direct network for Modular Switches

• 50 stockists in 4 southern & western

• states

Direct network across 50 countries

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WAY AHEAD

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Way Ahead

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Operational Excellence

• › Consistently executing business strategy and continued focus on improving operating costs by sourcing quality raw materials and efficient manpower

Venture into new project

• › Seek Technical alliances to develop new and technically advanced products

• › Acquired Kaycee Industries for new product development, enter new ventures and leverage brand & distribution network

• › Ventured into EV Segment for EV Chargers manufacturing

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Focus on margin improvement

• › Increase sales of high margin products – existing and new

• › Increase exports – fast growing markets of US, Africa and Middle East

Growth and expansion of existing product verticals

• › Constantly develop new products through in-house R&D

• › Expand existing product portfolio to newer geographies

• › Ventured into Smart metering manufacturing in Coimbatore

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ESG Initiatives

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• Committed towards a cleaner, greener and healthier environment

• Optimise energy consumption

• Towards this end Company has identified installation of rooftop solar panels

• Plan to recycle water as per environmentally friendly norms

• Increasing green cover around all plants in and around the manufacturing facilities

• Partner in EV Ecosystem to manufacture parts of environmentally friendly transportation

• Continues to contribute towards skill development among the local population

• Recruitment of rural youth for local sales operations

• Environment  M/s. Swamy and Ravi, Chartered Accountants for statutory audit and M/s D A T & Associates , Chartered Accountants for internal audit

• Three independent Directors out of 8 Members on the Board

• Governance 

• Social Focus on Better compliances and best governance practices

  • M/s. Swamy and Ravi, Chartered Accountants for statutory audit and M/s D A T & Associates , Chartered Accountants for internal audit

  • Plan for gender diversification on the Board in due course

• Contribution for women empowerment. Engaged around 50% women employees hailed from local rural areas who are breadwinners of their families

• Spending under CSR Initiatives for health Care and education of rural populous particularly residing in the local regions

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ESG Initiatives - Carbon Emission by Scope

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Scope 1

• All Fossil fuels used in factories, such as diesel for backup power and fuels used in Cars, transport & fleet vehicles

Scope 2

• Electricity consumed at all factories and offices of Salzer owned facilities

• Also the avoidable emissions are calculated by the use of Renewable power by own renewable sources as well as purchased renewable sources

Details	Base Yr - 2019	2023	2024		8,480 4,408 3,511 -92% -25%
Scope 1 (Tons of Co2)	123	191	217
Scope 2 (Tons of Co2)	8357	4217	3294
Turnover INR Cr	559	1013	1135
Scope 1+2 (Tons of Co2)	8480	4408	3511
Intensity	15.17	4.31	3.09
					Base Yr.2019 2023 2024
Delta		(248%)	(40%)

• 2019 was considered the Base year for calculation. 2020 & 2021 was not considered as it was a year with partial shutdowns due to Pandemic

• The Direct Greenhouse Gas (GHG) emission from facilities we operate (scope 1) has increased from 123 tons of Co2 in 2019-20 to 217 tons of Co2 in 2023-24. The increase over the last three years is due to higher activities due to increased turnover

• The indirect GHG emissions from Energy consumption (Scope 2) was reduced by 25% in 2023-24 from 2022-23 and this was achieved by taking energy conservation measures and sourcing & generation of renewable power

• Scope 1 & 2 put together there is a Net intensity reduction of 40% in 2023-24 from 2022-23

• Salzer will continuously endeavor its best efforts in all available avenues to reduce Carbon Emission level by 25% every year and attain the Net Zero Emission level by 2030

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Thank You

For further information, please contact: Salzer Electronics Limited

Mr. Murugesh murugesan@salzergroup.com www.salzergroup.net

Adfactors PR Private Limited

Ms. Savli Mangle savli.mangle@Adfactorspr.com

Mr. Rupesh Rege Rupesh.rege@Adfactorspr.com www.adfactorspr.com

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