Dolly Khanna's small-cap stock carries the day; securing patent signals accelerated growth for the company
The prominent investor Dolly Khanna holds nearly 1.06 per cent shares in her portfolio which is trading at Rs 365.15 and exhibited a good performance in longer-term.
Salzer Electronics Limited a Capital goods engineering Company offering total and customized electrical solutions, has announced that it has received a Patent for its groundbreaking product the Heavy-Duty Energy Efficient Automatic Source Changeover (ACCL). The patent is valid for a period of 20 Years.
The patented innovation, introduced in 2016, has contributed significantly, generating revenues of approximately Rs. 10 Crores, primarily within the Building Segment business division. The ACCL, a first-of-its-kind solution globally, effectively manages generator power distribution in residential and commercial structures, boasting a unique Heavy Duty Contactor design to prevent overload during main supply failure.
This patented product has proven instrumental in addressing critical power management needs, acting as both an automatic source changeover and a current limiter. Beyond Salzer's distribution channels, strategic branding partnerships with key players in the Indian Electrical Industry are enhancing market reach. With versatile applications and significant potential in the Urban Market, the company foresees accelerated growth for this revolutionary innovation.
Salzer Electronics Limited remains optimistic about the future of the ACCL, attributing its success to unparalleled functionality and its pivotal role in meeting the evolving demands of power management on the consumer end.
Management Commentary
Commenting on this development, Mr. Rajesh Doraiswamy, Joint Managing Director, Salzer Electronics Ltd said: “I am pleased to announce that we have successfully secured a patent for our product, the Heavy-Duty Energy Efficient Automatic Source Changeover, which is listed in our Building Segment, for a period of 20 years. This patented innovation, (ACCL), made its market debut in 2016 is a precise solution crafted to effectively manage the distribution of generator power in tall residential buildings, townships, and commercial structures. Its function is to help prevent overloading on the generator. This product has benefited in revenue generator around 10 crores, and it is a high-end product that will help the company thrive in the future.
This milestone aligns with our commitment to delivering innovative electrical solutions, reinforcing our stature as a frontrunner in the capital goods engineering domain”
Stock Performance
Salzer Electronics Limited is trading at Rs 365.15 and exhibited good performance in the longer-term, investors saw a moderate decline of 3.5 per cent in the one-month period, the stock has demonstrated substantial gains over more extended intervals, boasting an impressive 46.82 per cent growth in the last year, 242.06 per cent in the past three years, and a remarkable 170.08 per cent surge over the last five years. The prominent investor Dolly Khanna holds nearly 1.06 per cent shares in her portfolio.
About Company
Salzer Electronics Ltd. engages in the manufacture of electrical installation products and components. It offers industrial switch gears, wires and cables, building products, and energy management.
Disclaimer: The article is for informational purposes only and not investment advice.
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