Valuation Update With 7 Day Price Move • 22h
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹4,177, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 34x in the Electronic industry in India. Total returns to shareholders of 523% over the past three years. Announcement • Apr 29
Shilchar Technologies Limited to Report Q4, 2026 Results on May 05, 2026 Shilchar Technologies Limited announced that they will report Q4, 2026 results at 9:15 AM, Indian Standard Time on May 05, 2026 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹4,095, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 25x in the Electronic industry in India. Total returns to shareholders of 615% over the past three years. Reported Earnings • Feb 01
Third quarter 2026 earnings released: EPS: ₹37.01 (vs ₹30.39 in 3Q 2025) Third quarter 2026 results: EPS: ₹37.01 (up from ₹30.39 in 3Q 2025). Revenue: ₹1.70b (up 11% from 3Q 2025). Net income: ₹423.4m (up 22% from 3Q 2025). Profit margin: 25% (up from 23% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹3,593, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 27x in the Electronic industry in India. Total returns to shareholders of 783% over the past three years. New Risk • Jan 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Announcement • Jan 23
Shilchar Technologies Limited to Report Q3, 2026 Results on Jan 31, 2026 Shilchar Technologies Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 31, 2026 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹3,154, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 37x in the Electronic industry in India. Total returns to shareholders of 748% over the past three years. Recent Insider Transactions • Oct 24
CEO, MD & Chairman of the Board recently sold ₹508m worth of stock On the 21st of October, Alay Shah sold around 117k shares on-market at roughly ₹4,342 per share. This transaction amounted to 3.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alay's only on-market trade for the last 12 months. Reported Earnings • Oct 19
Second quarter 2026 earnings released: EPS: ₹40.15 (vs ₹28.61 in 2Q 2025) Second quarter 2026 results: EPS: ₹40.15 (up from ₹28.61 in 2Q 2025). Revenue: ₹1.71b (up 28% from 2Q 2025). Net income: ₹459.4m (up 40% from 2Q 2025). Profit margin: 27% (up from 24% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 155% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 01
Upcoming dividend of ₹12.50 per share Eligible shareholders must have bought the stock before 08 August 2025. Payment date: 11 September 2025. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%). Reported Earnings • Jul 18
Full year 2025 earnings released: EPS: ₹128 (vs ₹80.32 in FY 2024) Full year 2025 results: EPS: ₹128 (up from ₹80.32 in FY 2024). Revenue: ₹6.28b (up 56% from FY 2024). Net income: ₹1.47b (up 60% from FY 2024). Profit margin: 23% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 202% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 16
Dividend of ₹12.50 announced Shareholders will receive a dividend of ₹12.50. Ex-date: 8th August 2025 Payment date: 11th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 0.9%. Sustainability & Growth Dividend is well covered by both earnings (6% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 38% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 150% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jul 14
Shilchar Technologies Limited, Annual General Meeting, Aug 12, 2025 Shilchar Technologies Limited, Annual General Meeting, Aug 12, 2025, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹6,008, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 36x in the Electronic industry in India. Total returns to shareholders of 3,103% over the past three years. Reported Earnings • Apr 22
Full year 2025 earnings released: EPS: ₹193 (vs ₹120 in FY 2024) Full year 2025 results: EPS: ₹193 (up from ₹120 in FY 2024). Revenue: ₹6.40b (up 59% from FY 2024). Net income: ₹1.47b (up 60% from FY 2024). Profit margin: 23% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 216% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
Shilchar Technologies Limited Recommends Final Dividend Shilchar Technologies Limited recommended a final dividend @ 125 % INR 12.50/- per equity share of INR 10/- each, subject to approval of Shareholders at the upcoming Annual General Meeting for Financial Year 2024-2025. New Risk • Apr 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Apr 15
Shilchar Technologies Limited to Report Fiscal Year 2025 Results on Apr 21, 2025 Shilchar Technologies Limited announced that they will report fiscal year 2025 results at 12:15 PM, Indian Standard Time on Apr 21, 2025 Announcement • Apr 08
Shilchar Technologies Limited Approves Appointment of Nandini Ashish Tandon as Independent Director Shilchar Technologies Limited announced that the Appointment of Mrs. Nandini Ashish Tandon [DIN: 01657786] as an Independent Director of the Company have been approved by the Shareholders of the Company through Postal Ballot Notice dated 04th February, 2025 by passing special resolution on 15th March, 2025. Mrs. Nandini Ashish Tandon is a Gold Medallist from M.S. University with a Post Graduate degree in Science and she has deep knowledge and expertise and first-generation entrepreneur with a deep understanding of techno commercial and organizational dynamics. She has been instrumental in building and scaling innovative ventures to successful exits. Her efforts in organizational
development, scalable operations, and best practices have driven efficiency and excellence across the associated organization. Date of Appointment is 26th March, 2025. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹4,504, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 36x in the Electronic industry in India. Total returns to shareholders of 2,433% over the past three years. Announcement • Apr 01
Shilchar Technologies Limited Announces Executives Changes Shilchar Technologies Limited announced that the company appointed CS Vishnupriya Civichan as a Company Secretary & Compliance officer of the Company with effect from April 1, 2025. CS Vishnupriya Civichan is a qualified Associate member of The Institute of Company Secretaries of India. She is having 2+ years of Experience in Listed Companies, has expertise in monitoring and ensuring effectiveness of compliance under various corporate laws and SEBI Regulations together with accomplishment of best corporate governance practices. CS Vishnupriya Civichan is not related to any other Director of the company. Also, the company announced the cessation of Ms. Reshma Suresh Patel as an Independent Director of the Company with effect from March 27, 2025, due to the completion of tenure. New Risk • Mar 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Feb 26
Shilchar Technologies Limited Announces Resignation of Mauli Mehta as Company Secretary & Compliance Officer, Effective March 1, 2025 Shilchar Technologies Limited announced that Mrs. Mauli Mehta (ACS 39773) has conveyed her decision to resign from the post of Company Secretary & Compliance Officer of the Company with effect from closure of business hours on March 01, 2025, due to her personal reasons. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to ₹6,115, the stock trades at a trailing P/E ratio of 40x. Average trailing P/E is 43x in the Electronic industry in India. Total returns to shareholders of 3,621% over the past three years. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: ₹45.59 (vs ₹34.21 in 3Q 2024) Third quarter 2025 results: EPS: ₹45.59 (up from ₹34.21 in 3Q 2024). Revenue: ₹1.58b (up 31% from 3Q 2024). Net income: ₹347.7m (up 33% from 3Q 2024). Profit margin: 22% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has increased by 239% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 28
Shilchar Technologies Limited to Report Q3, 2025 Results on Jan 30, 2025 Shilchar Technologies Limited announced that they will report Q3, 2025 results on Jan 30, 2025 Valuation Update With 7 Day Price Move • Jan 27
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹6,802, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 53x in the Electronic industry in India. Total returns to shareholders of 4,296% over the past three years. Reported Earnings • Oct 25
Second quarter 2025 earnings released: EPS: ₹42.92 (vs ₹31.99 in 2Q 2024) Second quarter 2025 results: EPS: ₹42.92 (up from ₹31.99 in 2Q 2024). Revenue: ₹1.34b (up 22% from 2Q 2024). Net income: ₹327.3m (up 34% from 2Q 2024). Profit margin: 24% (up from 22% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has increased by 304% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 17
Shilchar Technologies Limited to Report Q2, 2025 Results on Oct 24, 2024 Shilchar Technologies Limited announced that they will report Q2, 2025 results on Oct 24, 2024 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹6,390, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 49x in the Electronic industry in India. Total returns to shareholders of 5,308% over the past three years. Announcement • Jul 29
Shilchar Technologies Limited to Report Q1, 2025 Results on Aug 12, 2024 Shilchar Technologies Limited announced that they will report Q1, 2025 results on Aug 12, 2024 Upcoming Dividend • Jul 26
Upcoming dividend of ₹12.50 per share Eligible shareholders must have bought the stock before 02 August 2024. Payment date: 11 September 2024. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.2%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (0.6%). Reported Earnings • Jul 21
Full year 2024 earnings released: EPS: ₹120 (vs ₹56.54 in FY 2023) Full year 2024 results: EPS: ₹120 (up from ₹56.54 in FY 2023). Revenue: ₹4.02b (up 42% from FY 2023). Net income: ₹918.9m (up 113% from FY 2023). Profit margin: 23% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has increased by 282% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 16
Shilchar Technologies Limited, Annual General Meeting, Aug 12, 2024 Shilchar Technologies Limited, Annual General Meeting, Aug 12, 2024, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹6,391, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 46x in the Electronic industry in India. Total returns to shareholders of 6,049% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹5,265, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 57x in the Electronic industry in India. Total returns to shareholders of 4,637% over the past three years. Announcement • Apr 23
Shilchar Technologies Limited to Report Q4, 2024 Results on Apr 30, 2024 Shilchar Technologies Limited announced that they will report Q4, 2024 results on Apr 30, 2024 New Risk • Apr 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹5,569, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 52x in the Electronic industry in India. Total returns to shareholders of 5,732% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹4,470, the stock trades at a trailing P/E ratio of 41x. Average trailing P/E is 52x in the Electronic industry in India. Total returns to shareholders of 3,975% over the past three years. Announcement • Mar 06
Shilchar Technologies Limited Appoints CS Mauli Rushil Mehta as Company Secretary and Compliance Officer Shilchar Technologies Limited announced that the Board of Directors of the Company has made appointment of CS Mauli Rushil Mehta as a Company Secretary & Compliance officer of the company. Date of Appointment is March 6, 2024. CS Mauli Mehta is a qualified Associate member of The Institute of Company Secretaries of India. Law Graduate from Gujarat University, having 5+ years of Experience in Listed Companies, has remarkable exposure and having experience in corporate law advisory to Corporate and corporate governance issues, and advising on various corporate and legal matters relating to Company Law, Securities Laws, Corporate Governance matters, Mergers and Acquisitions, Listings and Capital Market Transactions. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: ₹34.21 (vs ₹15.60 in 3Q 2023) Third quarter 2024 results: EPS: ₹34.21 (up from ₹15.60 in 3Q 2023). Revenue: ₹1.21b (up 72% from 3Q 2023). Net income: ₹260.9m (up 119% from 3Q 2023). Profit margin: 22% (up from 17% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has increased by 246% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 24
Shilchar Technologies Limited to Report Q3, 2024 Results on Feb 05, 2024 Shilchar Technologies Limited announced that they will report Q3, 2024 results on Feb 05, 2024 Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹3,029, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 56x in the Electronic industry in India. Total returns to shareholders of 2,984% over the past three years. Buy Or Sell Opportunity • Jan 23
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to ₹2,754. The fair value is estimated to be ₹2,274, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has grown by 91%. Announcement • Dec 29
Shilchar Technologies Limited Announces Resignation of Niki Tiwari as Company Secretary & Compliance Officer Shilchar Technologies Limited announced that Mrs. Niki Tiwari (ACS 45550) has conveyed his decision to resign from the post of Company Secretary & Compliance Officer of the Company with effect from closure of business hours on Saturday, December 30, 2023, due to her personal reasons. Recent Insider Transactions • Nov 03
CEO, MD & Chairman of the Board recently sold ₹196m worth of stock On the 31st of October, Alay Shah sold around 70k shares on-market at roughly ₹2,800 per share. This transaction amounted to 3.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Alay's only on-market trade for the last 12 months. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to ₹2,707, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 53x in the Electronic industry in India. Total returns to shareholders of 2,822% over the past three years. Reported Earnings • Oct 24
Second quarter 2024 earnings released: EPS: ₹31.99 (vs ₹11.98 in 2Q 2023) Second quarter 2024 results: EPS: ₹31.99 (up from ₹11.98 in 2Q 2023). Revenue: ₹1.10b (up 76% from 2Q 2023). Net income: ₹244.0m (up 167% from 2Q 2023). Profit margin: 22% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has increased by 198% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 13
Shilchar Technologies Limited to Report Q2, 2024 Results on Oct 21, 2023 Shilchar Technologies Limited announced that they will report Q2, 2024 results on Oct 21, 2023 Valuation Update With 7 Day Price Move • Oct 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,925, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 51x in the Electronic industry in India. Total returns to shareholders of 2,156% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to ₹2,955, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 51x in the Electronic industry in India. Total returns to shareholders of 2,017% over the past three years. Upcoming Dividend • Aug 11
Upcoming dividend of ₹10.00 per share at 0.4% yield Eligible shareholders must have bought the stock before 18 August 2023. Payment date: 24 September 2023. Payout ratio is a comfortable 8.8% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.9%). Reported Earnings • Jul 30
First quarter 2024 earnings released: EPS: ₹42.96 (vs ₹15.25 in 1Q 2023) First quarter 2024 results: EPS: ₹42.96 (up from ₹15.25 in 1Q 2023). Revenue: ₹697.9m (up 18% from 1Q 2023). Net income: ₹163.8m (up 182% from 1Q 2023). Profit margin: 24% (up from 9.8% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 180% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 30
Shilchar Technologies Limited, Annual General Meeting, Aug 25, 2023 Shilchar Technologies Limited, Annual General Meeting, Aug 25, 2023, at 11:00 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹2,119, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 46x in the Electronic industry in India. Total returns to shareholders of 2,037% over the past three years. Reported Earnings • May 05
Full year 2023 earnings released: EPS: ₹113 (vs ₹36.82 in FY 2022) Full year 2023 results: EPS: ₹113 (up from ₹36.82 in FY 2022). Revenue: ₹2.88b (up 58% from FY 2022). Net income: ₹431.2m (up 207% from FY 2022). Profit margin: 15% (up from 7.7% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has increased by 188% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 02
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹2,104, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 28x in the Electronic industry in India. Total returns to shareholders of 2,686% over the past three years. Valuation Update With 7 Day Price Move • Mar 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹1,490, the stock trades at a trailing P/E ratio of 16.5x. Average trailing P/E is 25x in the Electronic industry in India. Total returns to shareholders of 1,141% over the past three years. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹1,471, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 25x in the Electronic industry in India. Total returns to shareholders of 974% over the past three years. Reported Earnings • Jan 31
Third quarter 2023 earnings released: EPS: ₹31.19 (vs ₹11.95 in 3Q 2022) Third quarter 2023 results: EPS: ₹31.19 (up from ₹11.95 in 3Q 2022). Revenue: ₹703.9m (up 54% from 3Q 2022). Net income: ₹118.9m (up 161% from 3Q 2022). Profit margin: 17% (up from 10.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 21
Shilchar Technologies Limited to Report Q3, 2023 Results on Jan 31, 2023 Shilchar Technologies Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 18% share price gain to ₹962, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 31x in the Electronic industry in India. Total returns to shareholders of 597% over the past three years. Valuation Update With 7 Day Price Move • Dec 14
Investor sentiment improved over the past week After last week's 21% share price gain to ₹953, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 31x in the Electronic industry in India. Total returns to shareholders of 649% over the past three years. Reported Earnings • Oct 24
Second quarter 2023 earnings released: EPS: ₹23.96 (vs ₹3.67 in 2Q 2022) Second quarter 2023 results: EPS: ₹23.96 (up from ₹3.67 in 2Q 2022). Revenue: ₹624.3m (up 88% from 2Q 2022). Net income: ₹91.4m (up ₹77.4m from 2Q 2022). Profit margin: 15% (up from 4.2% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 78% per year whereas the company’s share price has increased by 74% per year. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improved over the past week After last week's 16% share price gain to ₹751, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 28x in the Electronic industry in India. Total returns to shareholders of 347% over the past three years. Announcement • Oct 13
Shilchar Technologies Limited to Report Q2, 2023 Results on Oct 20, 2022 Shilchar Technologies Limited announced that they will report Q2, 2023 results on Oct 20, 2022 Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 19% share price gain to ₹698, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 26x in the Electronic industry in India. Total returns to shareholders of 307% over the past three years. Announcement • Aug 09
Shilchar Technologies Limited Approves the Appointment of Aashay Alay Shah as a Whole Time Director of the Company Shilchar Technologies Limited at its AGM held on August 8, 2022, approved the appointment of Mr. Aashay Alay Shah as a Whole Time Director of the Company for a further period of 5 years, effective 1 November 2021 to 31 October 2026. Mr. Aashay Alay Shah aged 30 years, is Bachelor of Science in Electrical Engineering and completed his Master's in Business Administration from Cass Business School, London, UK. He has been looking after the marketing, Procurement, Production and Design function of Shilchar Technologies Limited and has acquired rich experience in various field it will be benefited to company in future. Announcement • Jul 30
Shilchar Technologies Limited to Report Q1, 2023 Results on Aug 08, 2022 Shilchar Technologies Limited announced that they will report Q1, 2023 results on Aug 08, 2022 Upcoming Dividend • Jul 21
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (1.3%). Reported Earnings • Jul 14
Full year 2022 earnings released: EPS: ₹36.82 (vs ₹14.48 in FY 2021) Full year 2022 results: EPS: ₹36.82 (up from ₹14.48 in FY 2021). Revenue: ₹1.80b (up 52% from FY 2021). Net income: ₹140.4m (up 154% from FY 2021). Profit margin: 7.8% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 12
Shilchar Technologies Limited, Annual General Meeting, Aug 08, 2022 Shilchar Technologies Limited, Annual General Meeting, Aug 08, 2022, at 11:00 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended on 31, March, 2022 including the Balance Sheet as at March 31, 2022 and the Statement of Profit and Loss and Cash Flow for the year ended on that date together with the reports of the Board of Directors and Auditors thereon; to declare a Dividend on equity shares of the Company for the financial year ended 31, March, 2022; To appoint Director in place of Mr. Alay J. Shah (DIN 00263538), who retires by rotation and being eligible, offers himself for re-appointment; and to transact other matters. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 20% share price gain to ₹569, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 25x in the Electronic industry in India. Total returns to shareholders of 128% over the past three years. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improved over the past week After last week's 45% share price gain to ₹676, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 35x in the Electronic industry in India. Total returns to shareholders of 135% over the past three years. Reported Earnings • May 02
Full year 2022 earnings released: EPS: ₹36.82 (vs ₹14.48 in FY 2021) Full year 2022 results: EPS: ₹36.82 (up from ₹14.48 in FY 2021). Revenue: ₹1.84b (up 55% from FY 2021). Net income: ₹140.4m (up 154% from FY 2021). Profit margin: 7.6% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₹417, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 38x in the Electronic industry in India. Total returns to shareholders of 31% over the past three years. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 33% share price gain to ₹347, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 39x in the Electronic industry in India. Total returns to shareholders of 17% over the past three years. Buying Opportunity • Feb 04
Now 24% undervalued Over the last 90 days, the stock is up 56%. The fair value is estimated to be ₹456, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.6% per annum over the last 3 years. Earnings per share has declined by 9.4% per annum over the last 3 years. Reported Earnings • Jan 30
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹11.95 (up from ₹3.52 in 3Q 2021). Revenue: ₹465.4m (up 37% from 3Q 2021). Net income: ₹45.6m (up 239% from 3Q 2021). Profit margin: 9.8% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 03
Second quarter 2022 earnings released: EPS ₹3.67 (vs ₹5.65 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹331.8m (down 10% from 2Q 2021). Net income: ₹14.0m (down 35% from 2Q 2021). Profit margin: 4.2% (down from 5.8% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year whereas the company’s share price has fallen by 13% per year. Upcoming Dividend • Jul 29
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 05 August 2021. Payment date: 13 September 2021. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.4%). In line with average of industry peers (0.7%). Reported Earnings • Jul 16
Full year 2021 earnings released: EPS ₹14.48 (vs ₹3.93 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.19b (up 63% from FY 2020). Net income: ₹55.2m (up 269% from FY 2020). Profit margin: 4.7% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year whereas the company’s share price has fallen by 16% per year. Executive Departure • Jun 11
Independent Non-Executive Director Om Khanna has left the company On the 4th of June, Om Khanna's tenure as Independent Non-Executive Director ended after 26.4 years in the role. We don't have any record of a personal shareholding under Om's name. Om is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.00 years. Reported Earnings • Jun 06
Full year 2021 earnings released: EPS ₹14.48 (vs ₹3.93 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹1.20b (up 65% from FY 2020). Net income: ₹55.2m (up 269% from FY 2020). Profit margin: 4.6% (up from 2.1% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improved over the past week After last week's 29% share price gain to ₹258, the stock is trading at a trailing P/E ratio of 27.4x, up from the previous P/E ratio of 21.2x. This compares to an average P/E of 20x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 35%. Is New 90 Day High Low • Feb 01
New 90-day high: ₹219 The company is up 21% from its price of ₹182 on 03 November 2020. The Indian market is up 18% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 33% over the same period. Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improved over the past week After last week's 17% share price gain to ₹210, the stock is trading at a trailing P/E ratio of 22.3x, up from the previous P/E ratio of 19.1x. This compares to an average P/E of 22x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 50%. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improved over the past week After last week's 20% share price gain to ₹213, the stock is trading at a trailing P/E ratio of 22.7x, up from the previous P/E ratio of 18.8x. This compares to an average P/E of 22x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 49%. Is New 90 Day High Low • Dec 30
New 90-day high: ₹213 The company is up 28% from its price of ₹166 on 01 October 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 15% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 18% share price gain to ₹205, the stock is trading at a trailing P/E ratio of 21.8x, up from the previous P/E ratio of 18.4x. This compares to an average P/E of 21x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 48%. Is New 90 Day High Low • Dec 01
New 90-day high: ₹205 The company is up 30% from its price of ₹158 on 02 September 2020. The Indian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is flat over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: ₹201 The company is up 69% from its price of ₹119 on 30 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 13% over the same period. Valuation Update With 7 Day Price Move • Oct 28
Market bids up stock over the past week After last week's 16% share price gain to ₹201, the stock is trading at a trailing P/E ratio of 41.4x, up from the previous P/E ratio of 35.6x. This compares to an average P/E of 19x in the Electronic industry in India. Total return to shareholders over the past three years is a loss of 52%. Is New 90 Day High Low • Oct 07
New 90-day high: ₹189 The company is up 83% from its price of ₹103 on 09 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 14% over the same period. Announcement • Sep 13
Shilchar Technologies Limited to Report Q1, 2021 Results on Aug 14, 2020 Shilchar Technologies Limited announced that they will report Q1, 2021 results on Aug 14, 2020