Shilchar Technologies Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Electrical Equipment | Market Cap: ₹4.4K Cr

Shilchar Technologies expects revenue growth aligned with their FY27 guidance of Rs. FY27 revenue guidance of Rs.

From Shilchar Technologies Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

3,929

Market Cap

₹4.4K Cr

P/E Ratio

32.3

Revenue Rank

Rank 3

Margin Rank

Rank 2

How does Shilchar Technologies Ltd rank in Electrical Equipment?

Compare Shilchar Technologies Ltd against every Electrical Equipment company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 2
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Shilchar Technologies Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹152 Cr, net profit ₹28 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Shilchar Technologies expects revenue growth aligned with their FY27 guidance of Rs. 800 crores despite Q1 softness.
  • They anticipate operating close to 100% capacity utilization for FY27 and better business momentum from Q2 onwards.
  • New CAPEX Phase-3 adding 6,500 MVA capacity is on track for commissioning in April 2027, expected to drive growth from FY28.
  • Growth focus includes expansion into higher KV transformer segments post-April 2027, after product prototyping and customer approvals.
  • Domestic market orders have increased due to export challenges, with a strong Rs. 500 crore order book currently (70% domestic, 30% export).
  • Export orders expected to revive if geopolitical and shipping cost situations normalize.
  • Management is working on further expansion plans on newly acquired land adjacent to the current facility for long-term growth.

📈 Profitability & Margins

Rank 2
  • FY27 revenue guidance of Rs. 800 crores remains on track despite Q1 softness.
  • Expectation of achieving near 100% capacity utilization in FY27, up from 60-65% in Q1.
  • Anticipated higher EBITDA margins in Q2 and Q3 compared to Q1, with current order book margins better aligned to current raw material prices.
  • Expansion Phase-3 (6,500 MVA capacity) commissioning scheduled for April 2027, expected to drive growth from FY28 onwards.
  • New facility to enable production of larger transformers, initially at lower margins for market penetration, improving over time.
  • Margins may be slightly impacted if exports remain low and reliance on domestic market continues, but stable if export recovery materializes.
  • Long-term confidence in export revenue recovery due to product competitiveness, service quality, and customer preference.
  • Management optimistic on overall business outlook and profit growth post-normalization of geopolitical and shipping challenges.

🏗️ Capital Expenditure Plans

Yes
  • Shilchar Technologies is executing a Phase-3 expansion project to add about 6,500 MVA capacity, on track for commissioning in April 2027.
  • Civil foundation work is completed; PEB erection and utility infrastructure are progressing well; all equipment has been ordered.
  • The new facility is expected to drive growth from FY28 onwards.
  • Initial production from new capacity will focus on existing transformer ranges, with plans to aggressively market higher-capacity transformers later.
  • Prototyping for the bigger transformers is expected around 3-4 months after starting production.
  • There is an additional land purchase (~4.5 acres) adjacent to current premises at Gavasad for future expansion, though specific product plans or timelines are yet to be finalized.
  • The company intends to maintain profitability post-expansion by focusing on export markets with higher margins.

💰 Fundraising & Capital Structure

No information
  • There is no mention of any current or planned fundraising through debt or equity in the transcript.
  • The company is focusing on capital expenditure for expansion (Phase-3) to add about 6,500 MVA capacity, expected to be commissioned in April 2027.
  • Expansion is being funded through internal accruals as indicated in discussions about future plans and internal funding.
  • No explicit reference to raising fresh capital via debt or equity was made during the Q&A or management commentary.

📋 Order Book & Pipeline

No
  • Current order book stands at approximately Rs. 500 crores (Page 6).
  • Order book split: around 70% domestic and 30% exports (Page 6).
  • Orders are for execution primarily across Q2 and Q3, with some extending into Q4 (Page 11).
  • Export orders are included within the 500 crores and will be executed as per customer delivery requirements (Page 14).
  • Additional new orders are expected, mostly for Q3 and Q4 (Page 11).
  • The company is fully booked for Q2 (Page 11).
  • Execution timelines depend on customer requirements and geographic factors, with some delay expected due to shipping issues (Page 14).
  • Pending orders are custom-made, so no cancellations, only delivery delays or rescheduling (Page 13-14).

Key Metrics

Revenue

Rank 3

Margin

Rank 2

Capex

Yes

Fundraise

No information

Order Book

No

Frequently Asked Questions

What were Shilchar Technologies Ltd Q1 FY27 results?

Shilchar Technologies expects revenue growth aligned with their FY27 guidance of Rs. FY27 revenue guidance of Rs.

What is Shilchar Technologies Ltd share price analysis?

Shilchar Technologies Ltd currently shows a below-average growth signal. The stock trades at a P/E of 32.3 with a market cap of ₹4,442 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shilchar Technologies Ltd planning capital expenditure?

Shilchar Technologies is executing a Phase-3 expansion project to add about 6,500 MVA capacity, on track for commissioning in April 2027.

Keep Shilchar Technologies Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Shilchar Technologies Ltd's management said in earlier quarters

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