Vilas Transcore Limited
NNSE:VILAS353.95
INR
-6.40
(-1.78%)
ISIN
INE0AZY01017
Return %
Stock
S&P 500
1Y
-22.74
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Nilesh Jitubhai Patel
- Full Time Employees
- 132
- Sector
- Electronic technology
- Industry
- Electronic components
- Address
- Savorite Complex, No 201-202 Vadodara GU India 390020
- IPO Date
- Jun 3, 2024
- Website
- vilastranscore.com
- Similar Companies
- Business
- Vilas Transcore Ltd. (VILAS.NS) manufactures and supplies mission-critical cold-rolled grain-oriented (CRGO) electrical steel components for the power distribution and transmission sector, serving transformer manufacturers of small transformers, distribution transformers, large power transformers, dry-type transformers, current transformers (CT/PT), and generators. Core products and services include CRGO laminated cores, CRGO slit coils, CRGO stacked and assembled cores with core-coil assemblies, CRGO wound cores, CRGO toroidal cores, and UniCores or rectangular cores; these components emphasize energy efficiency, precision engineering, and customization to industry standards for reducing core losses in high-, medium-, and low-voltage applications. The company operates two manufacturing facilities in Gujarat, India, with a current production capacity of 12,000 metric tons per annum (MTPA), primarily targeting domestic customers such as Voltamp Transformers, Electrotherm, and Shilchar Technologies while expanding international exports, which account for 3-4% of revenue. Originally established in 1996 under the leadership of Chairman and Managing Director Nilesh Patel as part of the NJ Group and formally incorporated as a public limited company in 2011 (with roots tracing to Bravil Powercore Private Limited in 2006), Vilas Transcore Ltd. is headquartered at Survey No. 435-437, near Galaxy Hotel, National Highway No. 8, Village Por, Vadodara, Gujarat 391243, India. Recent developments include the successful Initial Public Offering (IPO) in May-June 2024, which raised funds for capacity expansion, strategic investments, acquisitions, and construction of a new factory building in Vadodara costing approximately INR 168 crore; production commenced at this new Gujarat plant in July 2025, supporting a planned tripling of CRGO capacity to 36,000 MTPA by fiscal year 2027. The company continues diversification into high-margin products such as radiators (targeting 7,200 MTPA and INR 100-120 crore revenue), nanocrystalline cores for electric vehicles (EVs) and defense applications, and amorphous cores for solar and low-capacity transformers, alongside entry into the 400-765kV transformer segment; it maintains related-party transactions with promoter-linked Atlas Transformers and reported strong financial growth with revenue reaching INR 353 crore and profit of INR 34 crore in fiscal year 2025. In September-October 2025, the 19th Annual General Meeting approved financials for FY2024-25, reappointed Whole-Time Director Vipulkumar Patel and Independent Director Hemang Shah, ratified cost auditors, and set related-party transaction limits with Atlas.