Shilchar Technologies Ltd

Shilchar Technologies Ltd

₹ 8,223 -1.38%
12 Dec - close price
About

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]

Key Points

Product Portfolio
STL manufactures distribution transformers ranging from 5 KVA to 3,000 KVA and power transformers ranging from 3,000 KVA to 50,000 KVA. [1] [2] [3]

  • Market Cap 6,237 Cr.
  • Current Price 8,223
  • High / Low 8,899 / 2,211
  • Stock P/E 57.8
  • Book Value 337
  • Dividend Yield 0.15 %
  • ROCE 74.6 %
  • ROE 55.5 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 64.0% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 44.0%
  • Debtor days have improved from 115 to 86.1 days.

Cons

  • Stock is trading at 24.4 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
32 46 66 57 60 68 95 67 106 118 105 107 131
30 40 56 50 49 54 74 47 77 86 74 78 90
Operating Profit 2 6 10 7 10 15 21 20 30 32 31 29 41
OPM % 6% 13% 16% 12% 17% 22% 22% 30% 28% 27% 30% 28% 31%
1 1 1 2 3 2 1 3 4 3 3 3 4
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
Profit before tax 2 6 10 8 12 16 22 22 33 35 34 32 44
Tax % 29% 22% 29% 26% 26% 26% 26% 25% 25% 25% 27% 25% 25%
1 5 7 6 9 12 16 16 24 26 25 24 33
EPS in Rs 1.84 6.00 9.84 7.64 12.03 15.64 21.42 21.55 31.99 34.21 32.81 31.44 42.91
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
73 100 106 102 109 88 118 71 118 180 280 397 461
69 93 98 88 92 78 104 68 108 161 227 284 327
Operating Profit 4 8 8 13 18 9 14 3 10 19 53 113 134
OPM % 6% 8% 8% 13% 16% 11% 12% 4% 8% 11% 19% 29% 29%
2 3 3 3 3 1 2 3 2 3 8 13 14
Interest 3 2 1 1 1 1 3 1 2 1 1 0 0
Depreciation 1 1 2 1 1 1 2 3 3 3 2 3 3
Profit before tax 2 7 9 14 19 8 11 2 7 19 58 123 145
Tax % 33% 40% 35% 35% 35% 28% 27% 25% 24% 27% 26% 25%
1 4 6 9 12 6 8 2 6 14 43 92 108
EPS in Rs 1.70 5.50 7.64 11.96 16.17 7.72 10.20 1.97 7.26 18.47 56.74 120.48 141.37
Dividend Payout % 15% 14% 10% 10% 9% 13% 10% 25% 10% 11% 9% 10%
Compounded Sales Growth
10 Years: 15%
5 Years: 27%
3 Years: 50%
TTM: 37%
Compounded Profit Growth
10 Years: 36%
5 Years: 64%
3 Years: 155%
TTM: 56%
Stock Price CAGR
10 Years: 56%
5 Years: 158%
3 Years: 321%
1 Year: 248%
Return on Equity
10 Years: 29%
5 Years: 34%
3 Years: 44%
Last Year: 56%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4 4 4 4 4 4 4 4 4 4 4 8 8
Reserves 17 21 26 34 46 50 57 57 63 76 118 202 249
19 21 6 0 4 13 16 15 8 17 0 0 0
35 32 37 32 30 28 22 27 33 49 56 83 104
Total Liabilities 75 77 72 69 84 96 99 103 107 146 178 292 360
18 18 18 18 17 16 41 39 37 36 39 41 56
CWIP 0 0 0 0 6 22 0 0 0 0 0 5 0
Investments 1 1 1 3 12 6 0 0 1 0 7 20 35
56 59 53 49 49 52 57 64 69 110 132 227 270
Total Assets 75 77 72 69 84 96 99 103 107 146 178 292 360

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 1 20 8 12 5 1 6 10 -6 39 76
-0 -1 -2 -3 -16 -11 1 -0 -1 -1 -12 -23
-3 -1 -16 -7 3 7 -2 -4 -10 6 -19 -29
Net Cash Flow 1 -1 2 -3 -1 0 -0 1 -1 -1 9 25

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 174 139 103 104 107 115 98 167 96 140 120 86
Inventory Days 84 44 38 44 37 66 72 151 109 82 42 87
Days Payable 192 111 122 112 107 133 73 161 113 93 67 80
Cash Conversion Cycle 66 73 20 36 38 48 97 157 93 129 96 93
Working Capital Days 89 89 43 56 59 82 98 164 107 121 86 77
ROCE % 11% 22% 24% 41% 43% 16% 19% 4% 13% 24% 54% 75%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
65.85% 65.85% 65.85% 65.85% 65.85% 65.85% 65.85% 65.85% 64.01% 64.01% 64.01% 64.01%
1.41% 1.41% 1.41% 1.94% 1.94% 1.89% 0.59% 1.00% 3.17% 3.55% 3.08% 3.22%
0.56% 0.56% 0.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.03%
0.49% 0.49% 0.49% 0.52% 0.52% 0.52% 0.52% 0.53% 0.53% 0.53% 0.53% 0.53%
31.69% 31.69% 31.69% 31.69% 31.70% 31.76% 33.05% 32.63% 32.29% 31.93% 32.37% 32.22%
No. of Shareholders 1,2501,4092,7662,4812,7393,4365,1169,84612,95216,01123,22027,099

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls