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Shilchar Technologies Ltd

SHILCTECH NSE

Key Fundamentals

MicrocapOther Electrical EquipmentCapital Goods
Market Cap
₹4,492 Cr
Volatility
Moderate
P/E Ratio
32.84
EBITDA
₹217 Cr
Return on Equity
32.22%
Debt to Equity
0
Book Value
₹429.05
52W High
₹5,399
52W Low
₹2,852.5

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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37 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

4
  • Company is almost debt free.
  • Company has delivered good profit growth of 95.6% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 46.1%
  • Company's median sales growth is 38.4% of last 10 years

Weaknesses

2
  • Stock is trading at 9.14 times its book value
  • Promoter holding has decreased over last 3 years: -3.73%

Growth Rate

Revenue Growth
6.00%
Net Income Growth
7.69%
Cash Flow Change
385.39%
ROE
-23.90%
ROCE
-24.01%
EBITDA Margin (Avg.)
1.49%

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 50d ago
AI opinion · based on fundamentals
Risk high

Shilchar Technologies is a nearly debt-free industrials company with a market cap of ₹5,072 Cr trading at a PE of 31.9x and PB of 10.27x. The company has delivered exceptional 5-year profit CAGR of 96% and maintains a 3-year ROE of 46%, though recent growth has decelerated sharply to 5% sales growth on a TTM basis and the stock has declined 22% over the past year.

Bull Case 8
  • Company is almost debt-free, providing financial flexibility and low interest burden in a rising rate environment
  • Exceptional 5-year compounded profit growth of 96% CAGR demonstrates strong earnings power
  • 3-year ROE of 46.1% and 5-year ROE of 44% indicate highly efficient capital deployment well above industry norms
  • Median sales growth of 38.4% over the last 10 years reflects consistent top-line expansion across cycles
  • 10-year compounded sales CAGR of 20% and profit CAGR of 33% show long-term structural growth trajectory
  • 3-year stock CAGR of 92% and 5-year CAGR of 128% reflect sustained market re-rating over medium term
  • Last year ROE remains healthy at 38%, suggesting earnings quality has not deteriorated materially despite slowdown
  • Dividend yield of 0.28% indicates the company has started returning cash to shareholders while maintaining growth reinvestment
Bear Case 8
  • Stock trades at 10.27x book value, a steep premium that leaves little margin of safety if growth disappoints
  • TTM sales growth has decelerated sharply to just 5% versus 33% 3-year CAGR, signaling potential demand slowdown
  • Stock has declined 22% over the past year, indicating market is repricing growth expectations downward
  • Working capital days have increased from 131 to 204 days, suggesting deteriorating cash conversion efficiency and potential collection issues
  • Promoter holding has decreased by 3.73% over the last 3 years, which may signal insider confidence concerns
  • PE of 31.9x is elevated for an industrials company with TTM profit growth of only 7%, implying the market is pricing in re-acceleration that may not materialize
  • TTM profit growth of just 7% versus 54% 3-year CAGR shows significant earnings momentum fade
  • Small market cap of ₹5,072 Cr may result in lower liquidity and higher volatility during market stress

This is AI-generated analysis, not financial advice. Do your own due diligence.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
67
106
118
105
107
131
154
232
159
171
170
152
135
Expenses
47
77
86
74
78
90
111
161
106
118
118
120
113
Operating Profit
20
30
32
31
29
41
43
71
52
54
52
32
22
OPM %
30%
28%
27%
30%
28%
31%
28%
31%
33%
31%
31%
21%
16%
Other Income
3
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
0
Depreciation
1
1
1
1
1
1
1
1
1
1
1
1
1
PBT
22
33
35
34
32
44
47
75
56
62
57
37
28
Tax %
25%
25%
25%
27%
25%
25%
26%
26%
25%
25%
26%
24%
26%
Net Profit
16
24
26
25
24
33
35
55
41
46
42
28
21
EPS in Rs
14.37
21.4
22.89
21.95
21.04
28.71
30.5
48.56
36.27
40.16
37.01
24.82
18.23
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
106
102
109
88
118
71
118
180
280
397
623
652
628
Expenses
98
88
92
78
104
68
108
161
227
284
438
461
468
Operating Profit
8
13
18
9
14
3
10
19
53
113
185
190
160
OPM %
8%
13%
16%
11%
12%
4.3%
8%
11%
19%
29%
30%
29%
25%
Other Income
3
3
3
1
2
3
2
3
8
13
16
26
29
Interest
1
1
1
1
3
1
2
1
1
0
0
0
0
Depreciation
2
1
1
1
2
3
3
3
2
3
3
4
4
PBT
9
14
19
8
11
2
7
19
58
123
197
212
184
Tax %
35%
35%
35%
28%
27%
25%
24%
27%
26%
25%
26%
25%
Net Profit
6
9
12
6
8
2
6
14
43
92
147
158
138
EPS in Rs
5.1
7.97
10.78
5.15
6.8
1.32
4.84
12.32
37.82
80.61
129
138
120
Div. Payout %
10%
10%
9%
13%
10%
25%
10%
11%
9%
10%
6%
9%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
4
4
4
4
4
4
4
4
4
8
8
11
Reserves
26
34
46
50
57
57
63
76
118
202
339
479
Borrowings
6
0
4
13
16
15
8
17
0
0
0
0
Other Liabilities
37
32
30
28
22
27
33
49
56
83
143
100
Total Liabilities
72
69
84
96
99
103
107
146
178
292
490
591
Fixed Assets
18
18
17
16
41
39
37
36
39
41
59
69
CWIP
0
0
6
22
0
0
0
0
0
5
0
6
Investments
1
3
12
6
0
0
1
0
7
20
54
202
Other Assets
53
49
49
52
57
64
69
110
132
227
377
313
Total Assets
72
69
84
96
99
103
107
146
178
292
490
591
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
20
8
12
5
1
6
10
-6
39
76
40
192
Investing
-2
-3
-16
-11
1
0
-1
-1
-12
-23
-48
-169
Financing
-16
-7
3
7
-2
-4
-10
6
-19
-29
5
-31
Net Cash Flow
2
-3
-1
0
0
1
-1
-1
9
25
-4
-8
Free Cash Flow
19
6
6
-13
-4
6
10
-9
34
66
21
169
CFO/OP
277
95
105
95
19
217
121
-13
102
94
45
134
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
103
104
107
115
98
167
96
140
120
86
134
86
Inventory Days
38
44
37
66
72
151
109
82
42
87
88
83
Days Payable
122
112
107
133
73
161
113
93
67
80
102
64
Cash Conversion Cycle
20
36
38
48
97
157
93
129
96
93
120
105
Working Capital Days
24
56
46
73
90
147
98
91
86
77
112
91
ROCE %
24%
41%
43%
16%
19%
4%
13%
24%
54%
75%
71%
51%

Shareholding Pattern

As of Jun 2026
Promoters 62.12%
Public 17.64%
Others 15.72%
FIIs 2.57%
DIIs 1.95%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Nov 2025Dec 2025Mar 2026Jun 2026
Promoters
65.85%
65.85%
65.85%
65.85%
65.85%
65.85%
65.85%
65.85%
65.85%
65.85%
65.85%
64.01%
64.01%
64.01%
64.01%
64.01%
64.01%
64.01%
64.01%
62.12%
62.12%
62.12%
62.12%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
1.00%
3.17%
3.54%
3.08%
3.22%
2.30%
2.06%
2.12%
2.73%
2.80%
2.75%
2.55%
2.57%
DIIs
0.56%
0.56%
0.56%
0.56%
0.56%
0.56%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.02%
0.03%
0.11%
0.11%
0.13%
0.34%
1.48%
1.49%
1.91%
1.95%
Government
0.49%
0.49%
0.49%
0.49%
0.49%
0.49%
0.52%
0.52%
0.52%
0.52%
0.53%
0.53%
0.53%
0.53%
0.53%
0.53%
0.53%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
9.65%
10.17%
10.64%
10.93%
11.58%
13.14%
13.59%
14.77%
15.46%
15.10%
16.00%
15.92%
16.69%
18.05%
17.82%
18.38%
18.61%
18.85%
17.82%
18.45%
18.39%
17.99%
17.64%
Others
23.45%
22.92%
22.45%
22.17%
21.52%
19.95%
20.04%
18.86%
18.17%
18.53%
16.63%
16.37%
15.22%
14.31%
14.39%
14.67%
14.69%
14.89%
15.10%
15.15%
15.26%
15.44%
15.72%
No. of Shareholders
1,218
1,393
1,343
1,250
1,409
2,766
2,481
2,739
3,436
5,116
8,254
12,952
16,011
23,220
27,099
31,367
36,352
39,084
42,641
44,079
43,687
43,953
43,353

Documents

Frequently Asked Questions about Shilchar Technologies Ltd

What does Shilchar Technologies Ltd do?
Shilchar Technologies is engaged in the business of manufacturing Electronics & Telecom and Power & Distribution transformers. The company has recently ventured into the manufacturing of Ferrite transformers. [1]
Where is Shilchar Technologies Ltd (SHILCTECH) listed?
Shilchar Technologies Ltd is listed on the Indian stock exchanges. It is listed on NSE: SHILCTECH and BSE: 531201. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Shilchar Technologies Ltd belong to?
Shilchar Technologies Ltd operates in the Capital Goods sector within the Other Electrical Equipment industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Shilchar Technologies Ltd?
Shilchar Technologies Ltd has a market capitalisation of approximately ₹4492.34 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Shilchar Technologies Ltd?
The Price-to-Earnings (PE) ratio of Shilchar Technologies Ltd is 32.84. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Shilchar Technologies Ltd?
Over the past 52 weeks, Shilchar Technologies Ltd has traded between a low of ₹2,852.5 and a high of ₹5,399. This range helps investors understand the stock's price volatility and recent trading levels.
Does Shilchar Technologies Ltd pay dividends?
Yes, Shilchar Technologies Ltd has a dividend yield of 0.32%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Shilchar Technologies Ltd?
Shilchar Technologies Ltd has a Return on Equity (ROE) of 32.22%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Shilchar Technologies Ltd on Tapetide?
On Tapetide, you can view Shilchar Technologies Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Shilchar Technologies is engaged in the business of manufacturing Electronics & Telecom and Power & Distribution transformers. The company has recently ventured into the manufacturing of Ferrite transformers. [1]

Website shilchar.com
CEO Mr. Alay Jitendra Shah
Employees 163
Listed 2025-11-24
Face Value ₹ 10
Issued Size 1,14,40,200

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