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Shilchar Technologies

BSE:531201
Snowflake Description

Adequate balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
531201
BSE
₹1B
Market Cap
  1. Home
  2. IN
  3. Tech
Company description

Shilchar Technologies Limited manufactures and sells transformers and parts in India. The last earnings update was 103 days ago. More info.


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531201 Share Price and Events
7 Day Returns
-5.4%
BSE:531201
1.8%
IN Electronic
4.1%
IN Market
1 Year Returns
-24.2%
BSE:531201
-2.4%
IN Electronic
-0%
IN Market
531201 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shilchar Technologies (531201) -5.4% -13.7% -12.1% -24.2% 7.2% 270.2%
IN Electronic 1.8% 0.3% 9.6% -2.4% 61.3% 94.8%
IN Market 4.1% -0.4% 7% -0% 35.1% 47.5%
1 Year Return vs Industry and Market
  • 531201 underperformed the Electronic industry which returned -2.4% over the past year.
  • 531201 underperformed the Market in India which returned -0% over the past year.
Price Volatility
531201
Industry
5yr Volatility vs Market

531201 Value

 Is Shilchar Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Shilchar Technologies. This is due to cash flow or dividend data being unavailable. The share price is ₹284.7.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Shilchar Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shilchar Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:531201 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹21.72
BSE:531201 Share Price ** BSE (2019-05-27) in INR ₹284.7
India Electronic Industry PE Ratio Median Figure of 23 Publicly-Listed Electronic Companies 24.85x
India Market PE Ratio Median Figure of 2,791 Publicly-Listed Companies 15.64x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Shilchar Technologies.

BSE:531201 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:531201 Share Price ÷ EPS (both in INR)

= 284.7 ÷ 21.72

13.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shilchar Technologies is good value based on earnings compared to the IN Electronic industry average.
  • Shilchar Technologies is good value based on earnings compared to the India market.
Price based on expected Growth
Does Shilchar Technologies's expected growth come at a high price?
Raw Data
BSE:531201 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
2.2%per year
Asia Electronic Industry PEG Ratio Median Figure of 21 Publicly-Listed Electronic Companies 0.77x
India Market PEG Ratio Median Figure of 551 Publicly-Listed Companies 1.35x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Shilchar Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shilchar Technologies's assets?
Raw Data
BSE:531201 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹147.16
BSE:531201 Share Price * BSE (2019-05-27) in INR ₹284.7
India Electronic Industry PB Ratio Median Figure of 42 Publicly-Listed Electronic Companies 0.91x
India Market PB Ratio Median Figure of 3,645 Publicly-Listed Companies 1.06x
BSE:531201 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:531201 Share Price ÷ Book Value per Share (both in INR)

= 284.7 ÷ 147.16

1.93x

* Primary Listing of Shilchar Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Shilchar Technologies is overvalued based on assets compared to the IN Electronic industry average.
X
Value checks
We assess Shilchar Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Shilchar Technologies has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

531201 Future Performance

 How is Shilchar Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Shilchar Technologies, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
2.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shilchar Technologies expected to grow at an attractive rate?
  • Shilchar Technologies's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Shilchar Technologies's earnings growth is positive but not above the India market average.
  • Unable to compare Shilchar Technologies's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:531201 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:531201 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 2.2%
India Electronic Industry Earnings Growth Rate Market Cap Weighted Average 1%
Asia Electronic Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
India Market Earnings Growth Rate Market Cap Weighted Average 17%
India Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:531201 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:531201 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BSE:531201 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 1,147 83
2018-09-30 1,011 58
2018-06-30 799 44
2018-03-31 880 51 59
2017-12-31 952 71
2017-09-30 981 84
2017-06-30 1,116 115
2017-03-31 1,104 123 123
2016-12-31 1,051 120
2016-09-30 1,021 116
2016-06-30 987 103
2016-03-31 1,019 78 91

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Shilchar Technologies's earnings are expected to grow by 2.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Shilchar Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:531201 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Shilchar Technologies Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:531201 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BSE:531201 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 21.72
2018-09-30 15.13
2018-06-30 11.53
2018-03-31 15.38
2017-12-31 18.68
2017-09-30 21.98
2017-06-30 30.09
2017-03-31 32.22
2016-12-31 31.41
2016-09-30 30.47
2016-06-30 26.96
2016-03-31 23.84

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Shilchar Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Shilchar Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Shilchar Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

531201 Past Performance

  How has Shilchar Technologies performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Shilchar Technologies's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Shilchar Technologies's year on year earnings growth rate has been positive over the past 5 years.
  • Shilchar Technologies's 1-year earnings growth exceeds its 5-year average (16.3% vs 8.4%)
  • Shilchar Technologies's earnings growth has exceeded the IN Electronic industry average in the past year (16.3% vs 5.4%).
Earnings and Revenue History
Shilchar Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Shilchar Technologies Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:531201 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,147.15 82.83 67.22
2018-09-30 1,010.65 57.69 64.18
2018-06-30 799.27 43.96 60.24
2018-03-31 879.93 58.66 57.86
2017-12-31 952.15 71.22 48.59
2017-09-30 980.59 83.82 49.02
2017-06-30 1,115.86 114.73 43.33
2017-03-31 1,103.70 122.86 51.48
2016-12-31 1,050.54 119.77 49.46
2016-09-30 1,021.15 116.19 45.39
2016-06-30 987.28 102.79 35.72
2016-03-31 1,019.07 90.92 37.18
2015-12-31 1,087.74 77.08 71.33 2.75
2015-09-30 1,083.06 64.25 70.77 2.75
2015-06-30 1,082.46 58.69 75.76 2.75
2015-03-31 1,061.49 58.10 33.01
2014-12-31 1,080.14 55.24 55.65 2.73
2014-09-30 1,148.20 63.09 54.14 2.73
2014-06-30 1,108.99 52.71 54.17 2.73
2014-03-31 1,007.53 41.84 53.39 2.73
2013-12-31 957.68 39.81 49.91 2.84
2013-09-30 821.79 29.43 49.88 2.84
2013-06-30 767.61 23.94 49.81 2.84
2013-03-31 727.43 12.92 49.40 2.84
2012-12-31 658.64 8.34 49.40 2.77
2012-09-30 736.44 6.41 48.22 2.77
2012-06-30 780.79 4.96 48.62 2.77

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Shilchar Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Shilchar Technologies used its assets more efficiently than the IN Electronic industry average last year based on Return on Assets.
  • Shilchar Technologies's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Shilchar Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Shilchar Technologies has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

531201 Health

 How is Shilchar Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Shilchar Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shilchar Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shilchar Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shilchar Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Shilchar Technologies Company Filings, last reported 4 months ago.

BSE:531201 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 561.44 275.00 28.69
2018-09-30 561.44 275.00 28.69
2018-06-30 540.45 132.68 60.97
2018-03-31 540.45 132.68 60.97
2017-12-31 513.53 61.71 29.86
2017-09-30 513.53 61.71 29.86
2017-06-30 484.72 40.80 143.40
2017-03-31 498.23 40.80 117.95
2016-12-31 444.93 7.19 115.83
2016-09-30 444.93 7.19 115.83
2016-06-30 375.85 0.00 52.64
2016-03-31 375.85 0.10 52.64
2015-12-31 340.22 0.00 38.57
2015-09-30 340.22 0.00 38.57
2015-06-30 296.41 55.13 58.30
2015-03-31 296.41 55.13 58.30
2014-12-31 282.67 98.04 38.01
2014-09-30 282.67 98.04 38.01
2014-06-30 245.23 205.36 36.68
2014-03-31 245.23 205.36 36.68
2013-12-31 224.48 177.10 27.80
2013-09-30 224.48 177.10 27.80
2013-06-30 208.30 190.41 45.78
2013-03-31 208.30 190.41 45.78
2012-12-31
2012-09-30
2012-06-30 198.03 189.43 40.27
  • Shilchar Technologies's level of debt (49%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (79% vs 49% today).
  • Debt is not well covered by operating cash flow (18.5%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 8.4x coverage).
X
Financial health checks
We assess Shilchar Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Shilchar Technologies has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

531201 Dividends

 What is Shilchar Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.7%
Current annual income from Shilchar Technologies dividends.
If you bought ₹2,000 of Shilchar Technologies shares you are expected to receive ₹14 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Shilchar Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.53%).
  • Shilchar Technologies's dividend is below the markets top 25% of dividend payers in India (1.98%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:531201 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Electronic Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1407 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:531201 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
BSE:531201 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-28 2.000 0.602
2017-08-18 3.000 0.734
2017-05-08 3.000 0.662
2016-08-16 2.500 0.659
2016-04-25 2.500 0.887
2016-02-01 4.000 1.926
2015-08-17 1.500 0.851
2014-07-25 1.000 0.723
2014-05-26 1.000 1.234
2013-08-01 0.500 1.088
2012-07-24 0.500 1.135
2011-05-30 0.500 0.794
2010-05-03 1.000 1.132
2010-04-29 1.000 1.319
2009-06-01 0.500 0.729

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Shilchar Technologies's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (10.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Shilchar Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Shilchar Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Shilchar Technologies has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

531201 Management

 What is the CEO of Shilchar Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alay Shah
COMPENSATION ₹13,590,864
AGE 52
CEO Bio

Alay Shah was the Chief Financial Officer of InStorage REIT until June 4, 2008. Mr. Shah was formerly Vice President of Finance for the REIT and he has over 20 years of experience in corporate financial management with large public corporations. From June 2004 to November 2006, Mr. Shah served as the Vice President and Corporate Controller with Vincor International Inc., a TSX listed company, where he was responsible for public company reporting and disclosures, integration of financial systems of significant acquisitions and oversight of financial systems and controls in the operations of the corporation in several countries. Prior to that time, he was Controller with MI Developments Inc. since June 2003, a large real estate business, and a TSX and NYSE listed company, with responsibility for financial reporting and treasury. From July 2000 to January 2003, Mr. Shah served as the Vice-President and Corporate Controller with Mosaic Group Inc., a TSX listed company in the sales and marketing services business.

CEO Compensation
  • Alay's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.
  • Alay's remuneration is lower than average for companies of similar size in India.
Management Team Tenure

Average tenure of the Shilchar Technologies management team in years:

1.6
Average Tenure
  • The average tenure for the Shilchar Technologies management team is less than 2 years, this suggests a new team.
Management Team

Prajesh Purohit

TITLE
CFO and Senior Manager of Finance & Accounts
COMPENSATION
₹899K
TENURE
4.2 yrs

Niki Tiwari

TITLE
Company Secretary & Compliance Officer
COMPENSATION
₹193K
TENURE
1.4 yrs

Aashay Shah

TITLE
Manager of Operations
COMPENSATION
₹12M

Alay Shah

TITLE
CEO, MD & Director
COMPENSATION
₹14M
AGE
52

Nirav Pandya

TITLE
General Manager of Operation
TENURE
1.6 yrs

Vishwas Desai

TITLE
Manager of Human Resources & Administration
TENURE
2.9 yrs

T. Shah

TITLE
General Manager of Marketing

T. Mohan

TITLE
Head of Business Development
TENURE
1.6 yrs

Varsha Pathak

TITLE
Deputy GM-Operations and Deputy GM- Electronics & Telecom
Board of Directors Tenure

Average tenure and age of the Shilchar Technologies board of directors in years:

15.8
Average Tenure
63
Average Age
  • The average tenure for the Shilchar Technologies board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Jitendra Shah

TITLE
Chairman
AGE
81

Alay Shah

TITLE
CEO, MD & Director
COMPENSATION
₹14M
AGE
52
TENURE
15.8 yrs

Mukesh Patel

TITLE
Independent Director
COMPENSATION
₹105K
AGE
69
TENURE
24.3 yrs

Reshma Patel

TITLE
Independent Director
COMPENSATION
₹105K
AGE
57
TENURE
4.2 yrs

Omprakash Khanna

TITLE
Non Executive Director
COMPENSATION
₹20K
AGE
80
TENURE
24.3 yrs

Zarksis Parabia

TITLE
Independent Director
COMPENSATION
₹75K
AGE
44
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Shilchar Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Shilchar Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

531201 News

Simply Wall St News

531201 Company Info

Description

Shilchar Technologies Limited manufactures and sells transformers and parts in India. The company 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. 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.

Details
Name: Shilchar Technologies Limited
531201
Exchange: BSE
Founded: 1986
₹1,110,271,410
3,813,400
Website: http://www.shilchar.com
Address: Shilchar Technologies Limited
Bil Road,
Bil,
Vadodara,
Gujarat, 391410,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 531201 Equity Shares Mumbai Stock Exchange IN INR 17. Jun 2002
Number of employees
Current staff
Staff numbers
105
Shilchar Technologies employees.
Industry
Electronic Components
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/27 12:40
End of day share price update: 2019/05/27 00:00
Last estimates confirmation: 2017/05/06
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.