Shilchar Technologies Limited Earnings Summary — Q4 FY2026
Shilchar Technologies Reports Solid Q4 Results with Dividend Recommendation and Capacity Expansion Progress
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue declined 11.2% sequentially in Q1 FY2027.
- Revenue of ₹135 Cr is 15.2% lower year-on-year.
- Revenue has compounded at 11.5% annualised over the last 10 quarters.
- Net profit of ₹21 Cr is 49.7% below the same quarter last year.
- Profit growth is trailing revenue growth this quarter.
- Net profit has compounded at -7.8% annualised across the period.
- Operating margin stands at 16.4% in Q1 FY2027.
- Operating margin compressed by 1664 bps year-on-year.
- Over the last two years operating margin has contracted by 1118 bps.
- PBT margin is 20.9%.
- Expenses grew 5.9% against revenue growth of -15.2%.
- Operating profit of ₹22 Cr is 57.9% lower year-on-year.
- Operating leverage has been under pressure recently.
- 4 of the last 6 measured quarters delivered year-on-year revenue growth.
- Overall quarterly business momentum scores 33/100 (Weak) on the latest 10 quarters.
- Business momentum has softened and warrants monitoring.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q4 FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Improving | 135 | 152 | 170 | 171 | 159 | 232 | 154 | 131 | 107 | 105 |
| Expenses | Improving | 113 | 120 | 118 | 118 | 106 | 161 | 111 | 90 | 78 | 74 |
| Operating Profit | Stable | 22 | 32 | 52 | 54 | 52 | 71 | 43 | 41 | 29 | 31 |
| Operating Margin | Softening | 16.4% | 21.0% | 30.8% | 31.3% | 33.0% | 30.7% | 28.0% | 31.4% | 27.6% | 29.7% |
| Other Income | Improving | 7 | 7 | 6 | 9 | 4 | 5 | 5 | 4 | 3 | 3 |
| Interest | Volatile | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | Improving | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit Before Tax | Stable | 28 | 37 | 57 | 62 | 56 | 75 | 47 | 44 | 32 | 34 |
| Tax | Stable | 7 | 9 | 15 | 16 | 14 | 19 | 12 | 11 | 8 | 9 |
| Net Profit | Stable | 21 | 28 | 42 | 46 | 41 | 55 | 35 | 33 | 24 | 25 |
| Net Margin | Softening | 15.5% | 18.7% | 24.9% | 26.8% | 26.1% | 23.9% | 22.6% | 25.1% | 22.4% | 23.7% |
Key Takeaways
- Shilchar Technologies reported a sequential and year-over-year decline in quarterly revenue and net profit for Q4 FY2026.
- The Board recommended a final dividend of 125%, amounting to ₹12.50 per equity share of ₹10 each.
- The company successfully transitioned to the National Stock Exchange (NSE) during the fiscal year, with trading commencing in November 2025.
- Implementation of new Labour Codes resulted in a specific financial charge of ₹18.29 lakhs during the quarter.
- Mr. Aashay Alay Shah was re-appointed as Whole Time Director for a five-year term starting November 2026.
- Annual performance remains robust despite the quarterly dip, with full-year PAT reaching ₹15,816.81 lakhs compared to ₹14,685.19 lakhs in FY2025.
Management Guidance
Management remains focused on the renewable energy sector and export markets, particularly North America, utilizing internal accruals to fund capacity expansions.
Sentiment Shift
Stable
While quarterly figures show a significant dip compared to the exceptionally strong Q4 of the prior year, the full-year trajectory remains positive with margin stability.
Outlook
The company expects to benefit from the global energy transition and 'China Plus One' strategy, supported by a healthy order book and niche positioning in specialty transformers.
From the Annual Report (Key Quotes)
“The activities of the Company relate to only one segment i.e. Transformers & Parts.”
“The Statutory Auditors of the Company have issued the aforesaid Audit Report with unmodified opinion.”
“The company has estimated the financial implications [of new Labour Codes] and has taken additional charge of Rs 18.29 lakhs.”
Official Quarterly Documents
Ask AI about this quarter
This summary is AI-generated from Shilchar Technologies Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.