SHILCTECH

Shilchar Technologies Limited

Power and distribution transformers for transmission, distribution and renewable energy

Industrials›Capital Goods›Electrical Equipment›Heavy Electrical Equipment

shilchar.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹3769.80
Market cap
4,312 Cr
Stock P/E
31.4
P/B
8.79
Dividend yield
0.3%
ROE (FY26)
32.2%
ROCE (FY26)
43.3%
Operating margin (FY26)
28.6%
OCF / EBITDA (FY26)
100.8%
OCF / EBITDA (3Y)
63.1%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Shilchar Technologies makes transformers for renewable-energy projects, utilities and industrial customers in India, and exports them to North America, the Middle East and Africa.

Company snapshot

25thBy market cap

Ranked among 38 companies in Heavy Electrical Equipment.

What we see

Positives
  • ✓Net margin of 24.3% — the business keeps a healthy share of every rupee it earns.
2 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales106 Cr118 Cr105 Cr107 Cr131 Cr154 Cr232 Cr159 Cr171 Cr170 Cr152 Cr135 Cr
Operating expenses (approx.)77 Cr86 Cr74 Cr77 Cr90 Cr111 Cr161 Cr106 Cr118 Cr118 Cr120 Cr113 Cr
EBITDA30 Cr32 Cr31 Cr29 Cr41 Cr43 Cr71 Cr52 Cr54 Cr52 Cr32 Cr22 Cr
OPM %27.9%27.4%29.7%27.6%31.3%28.0%30.7%33.0%31.3%30.8%21.0%16.4%
Other income4 Cr3 Cr3 Cr3 Cr4 Cr5 Cr5 Cr4 Cr9 Cr6 Cr7 Cr7 Cr
Interest0.07 Cr0.03 Cr0.06 Cr0.08 Cr0.11 Cr0.08 Cr0.16 Cr0.10 Cr0.09 Cr0.18 Cr0.10 Cr0.10 Cr
Depreciation0.64 Cr0.64 Cr0.66 Cr0.69 Cr0.79 Cr0.95 Cr0.98 Cr0.99 Cr1 Cr1 Cr1 Cr1 Cr
Profit before tax33 Cr35 Cr34 Cr32 Cr44 Cr47 Cr75 Cr56 Cr62 Cr57 Cr37 Cr28 Cr
Tax %25.2%25.1%26.6%25.3%25.3%25.7%25.9%25.3%25.4%26.2%24.2%25.7%
Net profit24 Cr26 Cr25 Cr24 Cr33 Cr35 Cr55 Cr41 Cr46 Cr42 Cr28 Cr21 Cr
EPS (₹)₹31.99₹34.21₹32.80₹31.44₹42.92₹45.59₹72.59₹36.27₹40.15₹37.01₹24.82₹18.24

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales115 Cr88 Cr118 Cr71 Cr118 Cr180 Cr280 Cr397 Cr623 Cr652 CrSign in free for the trailing twelve months
Operating expenses (approx.)97 Cr79 Cr104 Cr68 Cr108 Cr161 Cr227 Cr284 Cr438 Cr462 CrSign in free for the trailing twelve months
EBITDA18 Cr9 Cr14 Cr3 Cr10 Cr19 Cr53 Cr113 Cr185 Cr190 CrSign in free for the trailing twelve months
OPM %15.4%10.7%12.0%4.3%8.1%10.8%18.9%28.5%29.6%29.2%Sign in free for the trailing twelve months
Other income3 Cr1 Cr2 Cr3 Cr2 Cr3 Cr8 Cr13 Cr16 Cr26 CrSign in free for the trailing twelve months
Interest0.66 Cr1 Cr3 Cr1 Cr2 Cr1 Cr0.60 Cr0.21 Cr0.44 Cr0.47 CrSign in free for the trailing twelve months
Depreciation1 Cr1 Cr2 Cr3 Cr3 Cr3 Cr2 Cr3 Cr3 Cr4 CrSign in free for the trailing twelve months
Profit before tax19 Cr8 Cr11 Cr2 Cr7 Cr19 Cr58 Cr123 Cr197 Cr212 CrSign in free for the trailing twelve months
Tax %35.4%28.1%27.4%24.7%23.6%26.6%25.9%25.5%25.6%25.4%Sign in free for the trailing twelve months
Net profit12 Cr6 Cr8 Cr1 Cr6 Cr14 Cr43 Cr92 Cr147 Cr158 CrSign in free for the trailing twelve months
EPS (₹)₹32.22₹15.38₹20.31₹3.93₹14.48₹36.82₹113.08₹120.48₹192.55₹138.25Sign in free for the trailing twelve months
Dividend payout %————6.9%4.1%3.5%4.2%6.5%9.0%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital4 Cr4 Cr4 Cr4 Cr4 Cr4 Cr4 Cr8 Cr8 Cr11 Cr
Reserves46 Cr50 Cr57 Cr57 Cr63 Cr76 Cr118 Cr202 Cr339 Cr479 Cr
Borrowings4 Cr13 Cr13 Cr12 Cr5 Cr17 Cr————
Other liabilities30 Cr29 Cr25 Cr30 Cr36 Cr49 Cr56 Cr83 Cr143 Cr100 Cr
Total liabilities84 Cr96 Cr99 Cr103 Cr107 Cr146 Cr178 Cr292 Cr490 Cr591 Cr
Fixed assets (net)17 Cr16 Cr41 Cr38 Cr36 Cr35 Cr38 Cr40 Cr58 Cr68 Cr
CWIP6 Cr22 Cr0 Cr0 Cr0.34 Cr0.05 Cr0.06 Cr5 Cr0 Cr6 Cr
Investments12 Cr6 Cr0.75 Cr0.37 Cr1 Cr0.69 Cr8 Cr21 Cr54 Cr203 Cr
Loans & advances——0.06 Cr0.30 Cr0.28 Cr0 Cr0 Cr0 Cr0 Cr0 Cr
Inventories8 Cr11 Cr17 Cr21 Cr27 Cr32 Cr23 Cr60 Cr93 Cr92 Cr
Trade receivables32 Cr27 Cr32 Cr33 Cr31 Cr69 Cr92 Cr94 Cr229 Cr154 Cr
Cash & bank0.15 Cr0.72 Cr0.35 Cr2 Cr1 Cr0.06 Cr9 Cr33 Cr30 Cr21 Cr
Other assets9 Cr12 Cr8 Cr8 Cr9 Cr10 Cr8 Cr40 Cr26 Cr46 Cr
Total assets84 Cr96 Cr99 Cr103 Cr107 Cr146 Cr178 Cr292 Cr490 Cr591 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity12 Cr5 Cr0.54 Cr6 Cr10 Cr-6 Cr39 Cr76 Cr40 Cr192 Cr
Cash from investing-16 Cr-11 Cr1 Cr-0.06 Cr-1 Cr-0.87 Cr-12 Cr-23 Cr-48 Cr-169 Cr
Cash from financing3 Cr7 Cr-2 Cr-4 Cr-10 Cr6 Cr-19 Cr-29 Cr5 Cr-31 Cr
Net cash flow-0.51 Cr0.14 Cr-0.08 Cr1 Cr-0.52 Cr-1 Cr9 Cr25 Cr-4 Cr-8 Cr
Free cash flow (OCF − Capex)6 Cr-13 Cr-4 Cr5 Cr10 Cr-9 Cr34 Cr76 Cr6 Cr44 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %36.5%14.2%18.2%4.7%13.1%20.9%48.4%58.9%57.0%43.3%
ROE %24.7%10.9%12.7%2.4%8.3%17.6%35.5%43.8%42.3%32.2%
Debtor days10211498167951391208613486
Inventory days3764691521037944848483
Days payable105123701631068969789864
Cash conversion cycle345597157921299493120105
OCF / EBITDA %69.7%53.9%3.8%191.0%109.0%-33.2%73.9%67.5%21.4%100.8%
OCF / EBITDA % (3 years)——43.4%42.9%62.5%30.5%52.6%58.8%44.2%63.1%
Debt / equity0.080.230.220.190.080.21————
Current ratio——2.292.022.081.762.563.073.035.30
Net debt / EBITDA0.221.250.903.280.420.87-0.16-0.30-0.16-0.11