Shilchar Technologies Ltd
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]
- Market Cap ₹ 691 Cr.
- Current Price ₹ 1,813
- High / Low ₹ 2,250 / 470
- Stock P/E 16.0
- Book Value ₹ 318
- Dividend Yield 0.22 %
- ROCE 53.8 %
- ROE 42.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 49.0% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.4%
Cons
* 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.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
83 | 73 | 100 | 106 | 102 | 109 | 88 | 118 | 71 | 118 | 180 | 280 | |
78 | 69 | 93 | 98 | 88 | 92 | 78 | 104 | 68 | 108 | 161 | 227 | |
Operating Profit | 5 | 4 | 8 | 8 | 13 | 18 | 9 | 14 | 3 | 10 | 19 | 53 |
OPM % | 6% | 6% | 8% | 8% | 13% | 16% | 11% | 12% | 4% | 8% | 11% | 19% |
1 | 2 | 3 | 3 | 3 | 3 | 1 | 2 | 3 | 2 | 3 | 8 | |
Interest | 4 | 3 | 2 | 1 | 1 | 1 | 1 | 3 | 1 | 2 | 1 | 1 |
Depreciation | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 2 |
Profit before tax | 1 | 2 | 7 | 9 | 14 | 19 | 8 | 11 | 2 | 7 | 19 | 58 |
Tax % | 33% | 33% | 40% | 35% | 35% | 35% | 28% | 27% | 25% | 24% | 27% | 26% |
Net Profit | 0 | 1 | 4 | 6 | 9 | 12 | 6 | 8 | 2 | 6 | 14 | 43 |
EPS in Rs | 1.10 | 3.38 | 10.96 | 15.24 | 23.84 | 32.23 | 15.39 | 20.32 | 3.93 | 14.48 | 36.82 | 113.07 |
Dividend Payout % | 45% | 15% | 14% | 10% | 10% | 9% | 13% | 10% | 25% | 10% | 11% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 26% |
3 Years: | 58% |
TTM: | 56% |
Compounded Profit Growth | |
---|---|
10 Years: | 43% |
5 Years: | 49% |
3 Years: | 208% |
TTM: | 207% |
Stock Price CAGR | |
---|---|
10 Years: | 46% |
5 Years: | 36% |
3 Years: | 164% |
1 Year: | 204% |
Return on Equity | |
---|---|
10 Years: | 20% |
5 Years: | 20% |
3 Years: | 26% |
Last Year: | 43% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | |
Reserves | 16 | 17 | 21 | 26 | 34 | 46 | 50 | 57 | 57 | 63 | 76 | 118 |
19 | 19 | 21 | 6 | 0 | 4 | 13 | 16 | 15 | 8 | 17 | 0 | |
34 | 35 | 32 | 37 | 32 | 30 | 28 | 22 | 27 | 33 | 49 | 56 | |
Total Liabilities | 72 | 75 | 77 | 72 | 69 | 84 | 96 | 99 | 103 | 107 | 146 | 178 |
19 | 18 | 18 | 18 | 18 | 17 | 16 | 41 | 39 | 37 | 36 | 39 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 6 | 22 | 0 | 0 | 0 | 0 | 0 |
Investments | 1 | 1 | 1 | 1 | 3 | 12 | 6 | 0 | 0 | 1 | 0 | 7 |
53 | 56 | 59 | 53 | 49 | 49 | 52 | 57 | 64 | 69 | 110 | 132 | |
Total Assets | 72 | 75 | 77 | 72 | 69 | 84 | 96 | 99 | 103 | 107 | 146 | 178 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 3 | 1 | 20 | 8 | 12 | 5 | 1 | 6 | 10 | -6 | 39 | |
-4 | -0 | -1 | -2 | -3 | -16 | -11 | 1 | -0 | -1 | -1 | -12 | |
-15 | -3 | -1 | -16 | -7 | 3 | 7 | -2 | -4 | -10 | 6 | -19 | |
Net Cash Flow | 0 | 1 | -1 | 2 | -3 | -1 | 0 | -0 | 1 | -1 | -1 | 9 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 150 | 174 | 139 | 103 | 104 | 107 | 115 | 98 | 167 | 96 | 140 | 120 |
Inventory Days | 70 | 84 | 44 | 38 | 44 | 37 | 66 | 72 | 151 | 109 | 82 | 42 |
Days Payable | 159 | 192 | 111 | 122 | 112 | 107 | 133 | 73 | 161 | 113 | 93 | 66 |
Cash Conversion Cycle | 61 | 66 | 73 | 20 | 36 | 38 | 48 | 97 | 157 | 93 | 129 | 96 |
Working Capital Days | 71 | 89 | 89 | 43 | 56 | 59 | 82 | 98 | 164 | 107 | 121 | 96 |
ROCE % | 10% | 11% | 22% | 24% | 41% | 43% | 16% | 19% | 4% | 13% | 24% | 54% |
Documents
Announcements
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Submission Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
1d - Letter dated 29th May, 2023 sent to all Security Holders holding shares in Physical form pursuant to above referred SEBI Circular dated 16th March, 2023.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
23 May - Secretarial Compliance Report pursuant to Regulation 24(A) of SEBI (Listing obligation & Disclosure Requirements) Regulations, 2015 for the year ended 31st March 2023
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 11 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 May - The Extract of audited Financial Results for the Fourth Quarter and year ended on 31st March, 2023 has been published in The Business Standard Newspaper …
- Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations, 2015, Please Find Enclosed Herewith Disclosure Of Related Party Transactions For The Half Year Ended March 31, 2023. 29 Apr
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Product Portfolio
The Company produces R-core transformers (20,000 pcs. P.m), EI transformers (75,000 pcs. p.m), Ferrite core transformers (500,000 pcs. p.m), Metering CTs (150,000 pcs. p.m), Torraidal transformers (10,000 pcs p.m), Toroid Cores (20,000 Kgs. p.m), Bobbins (75,000 sets p.m). [1]