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 ₹ 5,773 Cr.
- Current Price ₹ 7,570
- High / Low ₹ 8,348 / 2,211
- Stock P/E 53.6
- Book Value ₹ 337
- Dividend Yield 0.17 %
- 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 22.5 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.
Peer comparison
Sector: Capital Goods - Electrical Equipment Industry: Electric Equipment
Part of BSE Industrials BSE Allcap BSE SmallCap
Quarterly Results
Figures in Rs. Crores
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: | 55% |
5 Years: | 152% |
3 Years: | 317% |
1 Year: | 197% |
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% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
8 Nov - Meet with Institutional Investors/Fund Managers scheduled on 14th November, 2024
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
28 Oct - Transcript of the conference call with the investor/analyst held on 25th October 2024 on the Q2 HFY of the Company
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 Oct - Audio/Video recording of investor meet available.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
26 Oct - Audio/Video recording of Q2 earnings conference call.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Oct - Newspaper Publication of Unaudited financial results for quarter ended on 30th September 2024.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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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
from bse
Concalls
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Oct 2024Transcript PPT
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Aug 2024TranscriptNotesPPT
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Feb 2024Transcript PPT REC
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]