Shilchar Tech News and Updates

Electrical Equipment company Shilchar Technologies announced Q3FY26 results Revenue: Rs 17,025.94 lakh against Rs 15,373.61 lakh during Q3FY25, change 11%. PBT: Rs 5,736.34 lakh against Rs 4,676.95 lakh during Q3FY25, change 23%. PAT: Rs 4,233.77 lakh against Rs 3,477.29 lakh during Q3FY25, change 22%. EPS: 37.01 for Q3FY26. Alay J. Shah, Chairman & Managing Director, said: “We continue to see sustained momentum in domestic renewables business, as well as opportunities from emerging exports markets” Shilchar continues with its healthy financial trajectory through Q3 and 9MFY26, delivering a robust all-around performance. The Company reported revenue of Rs 170 crore in Q3 & Rs 500 crore in 9M, reflecting YOY growth of 11% and 28% respectively, while maintaining robust profitability margins and operational efficiency. The domestic renewable energy industry continues to exhibit strong momentum, with capacity additions of ~34.7GW in 9MFY26, already surpassing the ~28.7GW added in the whole of FY25, as per data released by the Ministry of New and Renewable Energy (MNRE). This sustained growth in the renewable energy segment augurs well for Shilchar’s core domestic business in renewable transformers, underpinning strong demand visibility in the years ahead. On the export front, a prolonged resolution to the India-US trade agreement and interim tariffs has led to a temporary moderation in order inflows during Q3. The Company remains closely engaged with its customers to mitigate potential impacts. Simultaneously, we are expanding our presence in existing markets like Middle East & newer emerging export geographies, as well as strengthening our domestic order book to offset near-term headwinds in the US. Overall, our business outlook remains positive. The focus continues on optimal utilization of existing capacities in Q4 and the forthcoming financial year, while progressing on our Gavasad Expansion #3 project, scheduled for commissioning in April 2027, which reinforces our confidence in growth for the coming years." Result PDF

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