Shilchar Technologies Ltd

The Emerging Companies 2025
OVERVIEW
FINANCIALS

About

Shilchar Technologies Ltd. is a well-established manufacturer of Power and Distribution Transformers, as well as Electronics and Telecom Transformers, serving a broad range of industrial and infrastructure sectors. Founded in 1986, the company has built a strong reputation for engineering excellence, reliability, and high-quality manufacturing standards. Shilchar provides customised transformer solutions that cater to the specific needs of power utilities, renewable energy projects, telecom networks, and electronic equipment manufacturers. With state-of-the-art production facilities and a skilled workforce, the company ensures strict adherence to international quality and safety standards. Shilchar Technologies is listed on the Bombay Stock Exchange (BSE) and continues to expand its market presence both in India and internationally, playing a key role in supporting the country's energy and telecommunications infrastructure.

Incorporation Year: 1986
Headquarters: Gujarat
Top Management: ALAY JITENDRA SHAH - Chairman & Managing Director
Industry: Capital Goods - Electrical Equipment

Featured In Fortune India Ranking

#93(2025)

Financial Data 2024

Revenue
416
(INR Cr)
Net Operating Income
397
(INR Cr)
Assets
210
(INR Cr)
Profit
92
(INR Cr)
Net Worth
210
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
416
49.26%
279
47.82%
189
50.92%
125
70.23%
73
-40.03%
122
35.63%
90
-20.24%
113
8.58%
104
-4.49%
109
8.22%
101
36.54%
74
-9.66%
82
-14.37%
95
30.08%
73
54.62%
47
-
Net Operating Income
(INR Cr)
397
41.62%
280
55.53%
180
52.94%
118
65.28%
71
-39.79%
118
35.24%
88
-19.83%
109
7.42%
102
-3.99%
106
5.41%
100
38.08%
73
-12.30%
83
-11.27%
93
31.48%
71
50.87%
47
-
Profit
(INR Cr)
92
113.10%
43
207.12%
14
154.35%
6
268.00%
2
-80.65%
8
32.03%
6
-52.24%
12
35.20%
9
56.45%
6
39.00%
4
224.03%
1
207.14%
0
-63.79%
1
-24.68%
2
7,600.00%
0
-
Assets
(INR Cr)
210
71.99%
122
25.03%
98
30.06%
75
-2.07%
77
-1.32%
78
14.51%
68
24.95%
54
43.14%
38
6.83%
36
-21.52%
45
13.15%
40
3.01%
39
-27.82%
54
42.77%
38
14.70%
33
-
Net Worth
(INR Cr)
210
72.59%
121
52.24%
80
20.26%
66
8.49%
61
0.39%
61
12.69%
54
9.00%
50
32.85%
37
27.11%
29
21.17%
24
18.25%
20
5.51%
19
0.99%
19
5.14%
18
6.40%
17
-1.77%
Employee Cost
(INR Cr)
14
21.60%
12
50.91%
8
15.44%
7
-1.77%
7
17.68%
6
27.37%
5
2.26%
4
80.08%
2
1.23%
2
6.11%
2
6.51%
2
-8.12%
2
-7.51%
3
25.25%
2
5.21%
2
-
Interest Cost
(INR Cr)
0012121000224321
Cash & Bank Balance
(INR Cr)
60901122235344321
Total Debt
(INR Cr)
00178141613405201918341815

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 22.08%15.47%7.44%4.42%2.04%6.33%6.50%10.86%8.72%5.32%4.14%1.75%0.51%1.21%2.10%0.04%
Profit As % Of Assets 43.66%35.24%14.35%7.34%1.95%9.95%8.63%22.58%23.91%16.32%9.22%3.22%1.08%2.15%4.08%0.06%
Profit As % Of Networth 43.84%35.51%17.60%8.32%2.45%12.73%10.86%24.79%24.36%19.79%17.25%6.30%2.16%6.03%8.42%0.12%
Interest Cost to EBITDA % 0.19%1.13%5.51%22.71%47.87%19.66%13.36%3.74%5.67%8.21%30.39%66.10%78.36%66.18%44.40%73.44%
Debt to Equity Ratio 0.000.080.170.180.250.250.170.050.080.490.880.951.371.410.960.87
RONW 55.52%42.86%19.22%8.66%2.46%13.49%11.33%28.29%27.26%21.68%18.69%6.46%2.17%6.18%7.33%0.12%
ROCE 74.23%53.36%23.33%12.35%4.46%18.48%15.42%42.82%40.61%24.02%21.82%11.81%10.11%12.02%12.33%5.67%