Salzer Electronics Ltd secures 20 - year patent for Revolutionary Heavy Duty Energy Efficient Automatic Source Changeover

Salzer Electronics Limited (BSE: 517059, NSE: SALZERELEC), a capital goods engineering Company offering total and customized electrical solutions, has received a Patent for its ground breaking product the Heavy Duty Energy Efficient Automatic Source Changeover (ACCL). The patent is valid for a period of 20 Years.

This patented innovation, introduced in 2016, has contributed significantly, generating revenues of approximately Rs. 10 Crores, primarily within the Building Segment business division.

It is a precise system designed to successfully manage generator power distribution in residential buildings, Apartment complexes, townships, and commercial structures. This is an Automatic Source changeover with current limiting feature. Its purpose is to help prevent generator overload. The Innovative feature in this product is to adapt and incorporate the Heavy Duty Contactor design into the Changeover product for the first time in the world. This product helps to load the generator supply during main supply failure and acts as a current limiter when the load on the generator exceeds the preset limit, thus preventing overload on the generator.

Beyond our own distribution channels, we've branding partnership with major players in the Electrical Industry in India. Given its versatile applications, this product exhibits significant potential in the Urban Market and is anticipated to experience accelerated growth. We foresee robust growth prospects for this patented innovation, attributing its success to the product functionality and relevance in addressing critical power management needs on the demand side.

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 cr, 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."

Shares of Salzer Electronics Limited was last trading in BSE at Rs. 364.65 as compared to the previous close of Rs. 365.65. The total number of shares traded during the day was 7527 in over 495 trades.

The stock hit an intraday high of Rs. 368.05 and intraday low of 361.20. The net turnover during the day was Rs. 2739276.00.

Source : Equity Bulls

Keywords

SalzerElectronics INE457F01013 Patent HeavyDuty EnergyEfficient AutomaticSourceChangeover