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NSE:SHILCTECH

SHILCHAR TECHNOLOGIES LTD

Capital Goods › Electrical Equipment·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹3,792.80
at close · 28 Oct 2026
▼ 109.20 (-2.80%)

Latest filings

  1. Q2 FY27 revenue rebounds; management guides for further margin improvement · Investor Communications
  2. Quarter and half-year net profit falls sharply as revenue dips · Results
  3. September 2026 results: six-month net profit falls 38.4 percent to Rs 53.84 crore · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures power and distribution transformers at its Gavasad facility, scaling capacity from 7,500 MVA to 14,000 MVA by April 2027 through a 6,500 MVA expansion (Gavasad Expansion 3). FY26 revenue was ₹652 crore, with operations spanning domestic grid and renewable projects and export markets — exports made up 48% of revenue, with the US alone contributing 18-19%. Q4 FY26 was hit by US tariff uncertainty and Middle East logistics disruption that deferred ₹35-40 crore of shipments, compressing Q4 EBITDA margin to 21% versus the full-year 29%. The company is debt-free with ₹246 crore cash and ₹192 crore operating cash flow, and is funding the ₹120 crore capex for the expansion entirely from internal accruals. The order book stood at ₹452 crore at year-end, with FY27 revenue targeted at ₹800 crore and FY27 dispatch volume guided at 7,000 MVA. Raw materials are the dominant cost at 61.9% of revenue, with transformer oil prices having doubled since February and other inputs up 10-25%, prompting price revision discussions with customers.

Operating scale
Current transformer capacity
7,500 MVAFY26
Target transformer capacity
14,000 MVAApril 2027 (commissioning)
Order book
₹452 crFY26 year-end
FY27 MVA dispatch target
7,000 MVAFY27
FY27 revenue target
₹800 crFY27
Cash on balance sheet
₹246 crFY26
Who pays it
Domestic grid, T&D and renewable-energy customers; export customers in the US (~18-19% of revenue) and Middle East.
Biggest cost
Raw materials at 61.9% of revenue, with transformer oil having doubled since February and other inputs up 10-25%.
Kind of business
Single-site, export-oriented transformer manufacturer in a capacity-expansion phase.
Where it sits
Operates one transformer plant at Gavasad; debt-free, building capacity from 7,500 MVA to 14,000 MVA by April 2027.
Market Cap
₹4,339 Cr
P / E (TTM)
31.6×
EV / EBITDA
22.8×
Div Yield
0.33%
Growth
40.8%▲
Revenue 5y CAGR
PAT +95.6% · EBITDA +78.6%
Quality
47.1%▲
ROCE (5y median)
ROE 35.5% (5y median) · margin 33.2%
Leverage
0.00·
Debt / Equity · low
Net cash ₹21 Cr
Revenue FY21→FY26
5.5×▲
Margin +19.6 pts
₹118 Cr → ₹652 Cr
Cash conversion
0.75×·
Operating cash ÷ profit · 5 yrs
₹341 Cr on ₹454 Cr
Moves on a normal day
1.76%·
Median daily move
Last 228 sessions · the yardstick for filing-day moves
Where it sits among 35 Heavy Electrical Equipment peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#15/34
P/B#23/33
ROCE#4/36
ROE#5/34
Debt / Equity#1/34
EBITDA margin#12/35
Revenue growth#30/33
Profit growth#26/32

Scorecard

Measured from the filed financials, judged against its Heavy Electrical Equipment peers · as of FY26 — not investment advice

Strengths
Revenue compounding 41% a year over 5 years
Profit compounding 96% a year over 5 years
Profit grew in every one of the last 5 years
Returns on capital 47.1% (5-year median)
#4 of 36 in Heavy Electrical Equipment on the latest reported figures · up from 12.6% in FY21
No borrowings on the balance sheet
lower than 67% of its 34 Heavy Electrical Equipment peers
Concerns
EPS grew slower than profit — the share count rose (bonus or dilution)

Charts

How has the market priced it — with filings on the timeline?

SHILCTECH · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from SHILCHAR TECHNOLOGIES LTD's filed financials and exchange disclosures

What does SHILCHAR TECHNOLOGIES LTD do?

SHILCHAR TECHNOLOGIES LTD is a Electrical Equipment company listed on NSE and BSE, trading under the symbol SHILCTECH.

Is SHILCHAR TECHNOLOGIES LTD profitable?

Yes. Over the trailing twelve months SHILCHAR TECHNOLOGIES LTD reported a net profit of ₹138 Cr on revenue of ₹628 Cr.

Does SHILCHAR TECHNOLOGIES LTD pay a dividend?

Yes. The dividend yield is 0.33% at the current price. It paid out 9% of its profit as dividend in FY26.

Is SHILCHAR TECHNOLOGIES LTD debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹21 Cr of cash.

Is SHILCHAR TECHNOLOGIES LTD expensive compared with its peers?

On trailing P/E, SHILCHAR TECHNOLOGIES LTD ranks 15 of 34 in Heavy Electrical Equipment — cheaper than 58% of them, against an industry median of 36.5×. This is a position, not a valuation judgement.

How much does the SHILCHAR TECHNOLOGIES LTD share price move in a day?

On a typical session SHILCHAR TECHNOLOGIES LTD moves 1.76% — that is the median absolute close-to-close move across its last 228 trading days. MarketPing measures each filing's price reaction against it.

Where can I track SHILCHAR TECHNOLOGIES LTD's announcements?

Every NSE and BSE filing by SHILCHAR TECHNOLOGIES LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.