Shilchar Technologies
- Market cap
- ₹ 4,037 Cr.
- P/E
- 29.4x
- P/B
- 8.38x
- 52-week range
- 2,852.5 – 5,399
- ROE
- 38%
- ROCE
- 51%
- Dividend yield
- 0.4%
- Debt / equity
- 0
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE, BSE
About
Shilchar Technologies Limited is an India-based company, which is engaged in the business of manufacturing of distribution and power transformers as well as electronics and telecommunication transformers. The Company operates through the Transformers and Parts segment. It provides a range of linear transformers from R-core to EI and toroidal to current transformers. These transformers can be supplied according to customer specific requirements in terms of thermal insulation, cut-offs, static-magnetic shielding, special mounting, epoxy molding, vacuum impregnation, and others. The Company also manufactures standard line transformers for R-core as well as toroidal models. Its standard line transformers are available for 9/18-volt (V) output, 12/24V output and isolation transformers for 115/230V output. The Company manufactures transformers up to 50 mega-volt amp (MVA), 132 kilo-volt (KV) class.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Shilchar Technologies against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)29.4 against a typical 25.2: pricier than most peers (1st = cheapest).44th of 80
- Sales growth−15.1% against a typical +32% from a year earlier.55th of 69
- Profit growth−48.8% against a typical +15.9% from a year earlier.47th of 64
- Share price, 3 months−13.9% against a typical −9.9%.43rd of 74
- Size₹ 4,036.9 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).14th of 77
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE A / CARE A1 | Stable | 7 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Jul 2026 | Reaffirmed | CARE A / CARE A1 | — | CARE | ₹ 108 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Shilchar TechnologiesAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 5 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 31 Jan 2026 | Financial Results | To consider and approve the un-audited financial results for the period ended December 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 106 | 118 | 105 | 107 | 131 | 154 | 232 | 159 | 171 | 170 | 152 | 135 |
| Expenses | 77 | 86 | 74 | 78 | 90 | 111 | 161 | 106 | 118 | 118 | 120 | 113 |
| Operating Profit | 30 | 32 | 31 | 29 | 41 | 43 | 71 | 52 | 54 | 52 | 32 | 22 |
| OPM % | 28% | 27% | 30% | 28% | 31% | 28% | 31% | 33% | 31% | 31% | 21% | 16% |
| Other Income | 4 | 3 | 3 | 3 | 4 | 5 | 5 | 4 | 9 | 6 | 7 | 7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 33 | 35 | 34 | 32 | 44 | 47 | 75 | 56 | 62 | 57 | 37 | 28 |
| Tax % | 25% | 25% | 27% | 25% | 25% | 26% | 26% | 25% | 25% | 26% | 24% | 26% |
| Net Profit | 24 | 26 | 25 | 24 | 33 | 35 | 55 | 41 | 46 | 42 | 28 | 21 |
| EPS in Rs | 21.4 | 22.89 | 21.95 | 21.04 | 28.71 | 30.5 | 48.56 | 36.27 | 40.16 | 37.01 | 24.82 | 18.23 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 20%
- 5 Years
- 41%
- 3 Years
- 33%
- TTM
- −7%
- 10 Years
- 33%
- 5 Years
- 96%
- 3 Years
- 54%
- TTM
- −16%
- 10 Years
- 44%
- 5 Years
- 126%
- 3 Years
- 58%
- TTM
- —
- 10 Years
- 37%
- 5 Years
- 44%
- 3 Years
- 46%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Shilchar Technologies | ₹ 3,792.80 | ₹ 4,037 Cr. | 29.4x | 8.4x | 38% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Alay Jitendra Shah
- Chairman of the Board, Managing Director
- Prajesh Purohit
- Chief Financial Officer
- Vishnupriya Civichan
- Compliance Officer, Company Secretary
- Aashay Alay Shah
- Whole-time Director
- Aatman Alay Shah
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.