āagman

Not investment advice. Data and computed figures, for information only.

Shilchar Technologies Ltd

NSE: SHILCTECH
₹3,850.00
−₹69.00 (−1.76%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹4,491 Cr
CMP
₹3,850.00
52-wk High / Low
₹5,399 / 2,853
P/E
32.6
P/B
9.2
Book Value
₹429.0
Div Yield
0.32%
ROCE
51.0%
ROE
37.8%
Face Value
₹10
D/E
0.00

Price−7.9% over Max

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
3
/ 9
3 of 9 F-score tests passed
Graham Number
₹1,155
√(22.5 × EPS × book value per share)
ROIC
28.3%
vs 12.3% sector median
Cash flow to profit
1.22
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−1,641
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
33.9%
ROE × earnings retention ratio
ROE stability
9.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.02DII +0.04
Latest quarter vs the previous one
Cash-accrual divergence
−6.3%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 24% vs the 2022 sector median of 17%)
+FII holding rose by 0.7pp over the last year
+PE of 32.6x is below the sector median of 43.6x
Watch-outs
−Price trades below its 200-day moving average (0.9x)
−Annualised volatility of 53.3% is in the high band (≥45%)
−Promoter holding fell by 3.7pp over the last year
−Piotroski F-Score of 3/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Standalone basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales67106118105107131154232159171170152135
Expenses477786747890111161106118118120113
Operating Profit20303231294143715254523222
OPM %29.9%28.3%27.1%29.5%27.1%31.3%27.9%30.6%32.7%31.6%30.6%21.1%16.3%
Other Income3433345549677
Interest0000000000000
Depreciation1111111111111
Profit before tax22333534324447755662573728
Net Profit16242625243335554146422821
EPS (₹)14.3721.4022.8921.9521.0428.7130.5048.5636.2740.1637.0124.8218.23

Profit & Loss

As of 30 Jun 2026
Standalone · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1061021098811871118180280397623652628
Expenses9888927810468108161227284438461468
Operating Profit813189143101953113185190160
OPM %7.5%12.7%16.5%10.2%11.9%4.2%8.5%10.6%18.9%28.5%29.7%29.1%25.5%
Other Income33312323813162629
Interest1111312110000
Depreciation2111233323344
Profit before tax91419811271958123197212184
Net Profit69126826144392147158138
EPS (₹)5.107.9710.785.156.801.324.8412.3237.8280.61128.82138.25120.22

Balance Sheet

As of 30 Jun 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital4444444448811—
Reserves2634465057576376118202339479—
Borrowings6041316158170000—
Other Liabilities37323028222733495683143100—
Total Liabilities7269849699103107146178292490591—
Fixed Assets181817164139373639415969—
CWIP0062200000506—
Investments13126001072054202—
Other Assets53494952576469110132227377313—
Total Assets7269849699103107146178292490591—

Cash Flows

As of 31 Mar 2026
Standalone · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity2081251610−6397640192
Cash from Investing Activity−2−3−16−1110−1−1−12−23−48−169
Cash from Financing Activity−16−737−2−4−106−19−295−31
Net Cash Flow2−3−1001−1−1925−4−8

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %24.041.043.016.019.04.013.024.054.075.071.051.0
ROE %———————————37.8
EPS (₹)5.107.9710.785.156.801.324.8412.3237.8280.61128.82138.25
Book Value (₹)———————————429.0
Face Value (₹)———————————10
P/E———————————32.6
Div Yield %———————————0.32
NPM %5.58.610.76.76.72.75.07.714.922.423.023.3
OPM %8.013.016.011.012.04.38.011.019.029.030.029.0
D/E0.200.000.080.240.260.250.120.210.000.000.000.00
P/B———————————9.2

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+20.0%
5 years+41.0%
3 years+33.0%
TTM−7.0%
Compounded profit growth
10 years+33.0%
5 years+96.0%
3 years+54.0%
TTM−16.0%
Stock price CAGR
10 years+44.0%
5 years+120.0%
3 years+44.0%
Last year−10.0%
Return on equity
10 years37.0%
5 years44.0%
3 years46.0%
Last year38.0%

Shareholding pattern

As of 31 Mar 2026
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters65.85%65.85%65.85%65.85%65.85%65.85%65.85%64.01%64.01%62.12%62.12%
FIIs0.00%1.10%1.10%1.10%1.28%1.41%1.89%3.55%2.05%2.55%2.57%
DIIs0.00%0.00%0.56%0.56%0.57%0.56%0.00%0.00%0.11%1.91%1.95%
Government0.00%0.00%0.41%0.41%0.49%0.49%0.52%0.53%0.53%0.00%0.00%
Public34.15%33.06%32.08%32.08%31.81%31.69%31.76%31.93%33.30%33.43%33.37%
No. of shareholders1,3901,4411,2511,2081,2181,4093,43616,01136,35243,95343,353
Change since Sep 2023 (pp)
Promoters −3.73FIIs +2.57DIIs +1.95Public −0.78

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowAnnouncement under Regulation 30 (LODR)-Earnings Call TranscriptAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeAnnouncement under Regulation 30 (LODR)-Newspaper PublicationShareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingJan 2026PPTOct 2025TranscriptOct 2025PPTOct 2025RecordingAug 2025PPT

Corporate actions

As of 31 Jul 2026
31 Jul 2026DIVIDENDDividend - Rs 12.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman