Shilchar Technologies Limited

Shilchar Technologies Limited

SHILCTECH.BO
Shilchar Technologies LimitedIN flagBombay Stock Exchange
4,304.10
INR
-92.50
- -
49.24BMarket Cap
Shilchar Technologies Limited
SHILCTECH.BO
(Bombay Stock Exchange)

Recent

price

4,304.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
81.7
72.5
63.59
87.79
92.54
88.85
95.44
76.51
103.48
62.3
102.98
157.51
489.92
346.92
544.72
569.87
589.93
Revenue per Share
1.02
0.37
1.13
3.66
5.08
7.95
10.74
5.13
6.77
1.31
4.83
12.27
75.39
80.32
128.37
138.25
143.67
Basic EPS, GAAP
-11.73
17.31
2.68
0.38
16.24
5.58
4.86
-11.31
-3.52
4.76
8.64
-7.72
58.91
57.94
18.51
147.66
- -
Free Cash Flow per Basic Share
0.39
0.19
0.19
0.39
0.6
0.8
0.2
1.2
0.8
0.8
0.33
0.5
2.67
3.33
8.33
12.5
- -
Dividend per Share
11.75
11.92
12.86
16.13
20.61
27.74
38.28
42.19
48.18
48.4
52.93
64.68
202.2
181.48
301.46
10
- -
Book Value per Share
17.18
17.31
18.21
21.42
25.86
32.97
43.42
47.06
53.05
53.28
57.88
69.64
212.17
183.14
303.07
428.93
- -
Tangible Book Value per Share
11
11
11
11
11
11
11
11
11
11
11
11
6
11
11
11
11
Basic Weighted Avg Shares
935
829
727
1,004
1,059
1,016
1,092
875
1,184
713
1,178
1,802
2,802
3,969
6,231
6,519
6,749
Sales/Revenue/Turnover
6.28
6.09
5.27
8.13
7.69
17.98
15.68
9.74
11.18
2.79
6.34
9.34
19.27
29.15
29.1
28.59
30.22
Operating Margin (%)
10
11
10
11
15
14
14
12
24
26
25
26
24
26
34
40
37
Depreciation Expense
12
4
13
42
58
91
123
59
77
15
55
140
431
919
1,469
1,582
1,644
Net Income, GAAP
35.11
33.15
32.53
39.45
35.21
35.44
35.38
28.12
27.43
24.71
23.64
26.55
25.86
25.49
25.6
25.38
25.57
Effective Tax Rate (%)
1.24
0.5
1.78
4.17
5.49
8.95
11.25
6.7
6.54
2.1
4.69
7.79
15.39
23.15
23.57
24.26
24.35
Profit Margin (%)
52
16
34
78
129
211
281
259
319
306
347
459
826
1,644
2,827
4,079
- -
Working Capital
10
- -
- -
1
- -
- -
- -
104
105
86
53
25
- -
- -
- -
- -
- -
LT Debt
196
198
208
245
296
378
498
540
609
611
663
798
1,214
2,096
3,468
4,908
- -
Total Equity
8.33
7.33
6.61
11.67
13.19
32.11
23.58
9.99
13.3
1.96
7.61
14.4
36.59
51.93
47.74
32.89
- -
Return on Invested Capital (%)
2.94
1.05
3.92
14.61
18.35
31.1
31.46
11.93
14.04
3.38
9.74
18.57
41.87
56.85
53.28
88.98
1,252.03
Return on Capital (%)
8.96
3.09
9.11
25.23
27.64
32.87
32.53
12.74
14.98
2.71
9.53
20.87
45.48
56.85
53.16
88.78
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
11
- -
Market Capitalization
58,591
40,196
60,390

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
4,218
- -
Cash, Cash Equivalents & STI
- -
856
- -
Accounts Receivable, Net
- -
2,287
- -
Inventories
- -
931
- -
Total Current Liabilities
- -
1,391
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
31.4%
50.41%
41.52%
Free Cash Flow
-51.25%
11.09%
697.77%
Net Income, GAAP
74.5%
108.4%
7.7%
Sales/Revenue/Turnover
26.01%
42.34%
4.62%
Total Cash Common Dividend
- -
113.34%
49.98%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
672
1,063
1,180
1,054
3,969
2025
1,070
1,306
1,537
2,319
6,231
2026
1,587
1,703
1,516
- -
6,519

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.32
21.33
22.81
- -
80.32
2025
20.96
28.61
30.4
48.39
128.37
2026
36.27
37.01
24.82
- -
138.25

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.33
2025
- -
- -
- -
- -
8.33
2026
- -
- -
- -
- -
12.5
Business
Shilchar Technologies Limited manufactures a comprehensive range of transformers and related products, including power and distribution transformers up to 50 MVA, 132 kV class; furnace transformers; linear transformers such as R-core, EI, toroidal, and current transformers; telecom and data transformers; standard line transformers in R-core and toroidal models with outputs including 9/18V, 12/24V, and 115/230V; high frequency transformers; control transformers; HV chokes; inductors and chokes for solar and wind energy applications; as well as inverter duty transformers and reactors. The company, founded in 1990 and headquartered in Vadodara, Gujarat, India, serves diverse industrial segments from utilities and renewable energy to electronics and telecom sectors, with operations spanning domestic markets and exports to over 20 countries including the United States (12-15% of exports), Middle East, Africa, Europe, and Far East, generating approximately 50% of revenue from international sales. In recent developments, Shilchar announces its largest capacity expansion at Gavasad, adding 6,500 MVA to reach a total of 14,000 MVA by April 2027 with INR 90 crore investment funded through internal accruals, enabling production of up to 100 MVA, 220 kV class transformers primarily targeting solar parks via bundled offerings with inverter duty transformers; maintains an order book of INR 300 crore (INR 175 crore domestic, INR 125 crore export) as of October 2025, targeting FY26 revenue of INR 750 crore amid 90-95% capacity utilization; reports robust Q2 FY26 results with INR 171 crore revenue (31% YoY growth), 31% EBITDA margin, and INR 46 crore net profit (40% YoY growth); and plans NSE listing before year-end while navigating US tariffs of 50% without order disruptions due to strong demand from data centers and renewables.