Shilchar Technologies Limited manufactures and sells transformers and parts in India.
Excellent balance sheet second-rate dividend payer.
Share Price & News
How has Shilchar Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 531201 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 531201 underperformed the Indian Electronic industry which returned 49.5% over the past year.
Return vs Market: 531201 underperformed the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Shilchar Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Shilchar Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 531201 (₹145) is trading above our estimate of fair value (₹19.17)
Significantly Below Fair Value: 531201 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 531201 is poor value based on its PE Ratio (26.7x) compared to the Electronic industry average (14x).
PE vs Market: 531201 is poor value based on its PE Ratio (26.7x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 531201's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 531201 is overvalued based on its PB Ratio (0.9x) compared to the IN Electronic industry average (0.8x).
How is Shilchar Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Shilchar Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Shilchar Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Shilchar Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Shilchar Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 531201 has high quality earnings.
Growing Profit Margin: 531201's current net profit margins (2.4%) are lower than last year (7.2%).
Past Earnings Growth Analysis
Earnings Trend: 531201's earnings have declined by -5.8% per year over the past 5 years.
Accelerating Growth: 531201's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 531201 had negative earnings growth (-75%) over the past year, making it difficult to compare to the Electronic industry average (10.6%).
Return on Equity
High ROE: 531201's Return on Equity (3.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Shilchar Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: 531201's short term assets (₹505.1M) exceed its short term liabilities (₹189.0M).
Long Term Liabilities: 531201's short term assets (₹505.1M) exceed its long term liabilities (₹118.8M).
Debt to Equity History and Analysis
Debt Level: 531201's debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: 531201's debt to equity ratio has reduced from 34.5% to 28.5% over the past 5 years.
Debt Coverage: 531201's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 531201's interest payments on its debt are well covered by EBIT (5.8x coverage).
Inventory Level: 531201 has a high level of physical assets or inventory.
Debt Coverage by Assets: 531201's debt is covered by short term assets (assets are 2.9x debt).
What is Shilchar Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 531201's dividend (1.38%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 531201's dividend (1.38%) is low compared to the top 25% of dividend payers in the Indian market (2.55%).
Stability and Growth of Payments
Stable Dividend: 531201's dividend payments have been volatile in the past 10 years.
Growing Dividend: 531201's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (36.8%), 531201's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alay Shah (53yo)
Mr. Alay Jitendra Shah has been Chairman of the Board of Shilchar Technologies Limited since August 2019 and serves as it’s Chief Executive Officer and Managing Director. Mr. Shah was the Chief Financial O ...
CEO Compensation Analysis
Compensation vs Market: Alay's total compensation ($USD144.39K) is above average for companies of similar size in the Indian market ($USD50.25K).
Compensation vs Earnings: Alay's compensation has been consistent with company performance over the past year.
|CEO, MD & Chairman of the Board||0yrs||₹10.30m||34.62% ₹188.9m|
|CFO and Senior Manager of Finance & Accounts||4.9yrs||₹971.19k||no data|
|Company Secretary & Compliance Officer||2.2yrs||₹228.04k||no data|
|General Manager of Operation||2.3yrs||no data||no data|
|Manager of Human Resources & Administration||3.7yrs||no data||no data|
|General Manager of Marketing||0yrs||no data||no data|
|Head Business Development||0yrs||no data||no data|
|Head of Business Development - Northen Region||0yrs||no data||no data|
|Deputy GM-Operations and Deputy GM- Electronics & Telecom||0yrs||no data||no data|
|Manager of Operations||0yrs||₹12.32m||10.34% ₹56.4m|
Experienced Management: 531201's management team is considered experienced (3 years average tenure).
|CEO, MD & Chairman of the Board||0yrs||₹10.30m||34.62% ₹188.9m|
|Independent Director||25.1yrs||₹105.00k||no data|
|Non-Executive Director||25.1yrs||₹20.00k||no data|
|Independent Director||0yrs||no data||no data|
|Independent Director||4.9yrs||₹105.00k||no data|
|Independent Director||3.9yrs||₹75.00k||no data|
Experienced Board: 531201's board of directors are seasoned and experienced ( 15 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Shilchar Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Shilchar Technologies Limited
- Ticker: 531201
- Exchange: BSE
- Founded: 1986
- Industry: Electronic Components
- Sector: Tech
- Market Cap: ₹545.507m
- Shares outstanding: 3.81m
- Website: https://www.shilchar.com
Number of Employees
- Shilchar Technologies Limited
- Bil Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|531201||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Jun 2002|
Shilchar Technologies Limited manufactures and sells transformers and parts in India. It provides power and distribution transformers; linear transformers, including R core transformers, EI transformers, toroidal transformers, and energy meter CT’s; telecom and data transformers; and standard line transformers. The company also provides solar and windmill transformers for the renewable energy sector. It serves government utilities, private utilities, EPC contractors, and power plant developers and contractors; and pharmaceutical and chemical, oil and gas, engineering, cement, healthcare, food and beverage, glass and automotive, textile and ceramic, and hospitality industries, as well as renewable energy plant manufacturers, contractors, and developers. The company also exports its products. The company was formerly known as Shilchar Electronics Limited. Shilchar Technologies Limited was incorporated in 1986 and is based in Vadodara, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:43|
|End of Day Share Price||2020/02/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.