Shilchar Technologies Reports Strong Q3 FY26 Results with 21.76% Profit Growth
Shilchar Technologies Limited reported strong Q3 FY26 results with net profit growing 21.76% to ₹4,233.77 lakhs compared to ₹3,477.29 lakhs in Q3 FY25. Nine-month net profit surged 41.85% to ₹12,976.95 lakhs from ₹9,148.74 lakhs in the previous year. Revenue from operations increased 10.74% to ₹17,025.94 lakhs in Q3 FY26, while nine-month revenue grew 27.85% to ₹50,029.02 lakhs. The company's equity shares were successfully listed on NSE in November 2025, marking a significant corporate milestone.
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Shilchar Technologies Limited has announced strong financial performance for the quarter and nine months ended 31st December 2025, demonstrating robust growth across key financial metrics. The company's Board of Directors approved the unaudited financial results at a meeting held on 31st January 2026.
Financial Performance Overview
The company delivered impressive results for Q3 FY26, with significant improvements in both revenue and profitability metrics compared to the corresponding period in the previous year.
| Financial Metric | Q3 FY26 | Q3 FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹17,025.94 lakhs | ₹15,373.61 lakhs | +10.74% |
| Total Income | ₹17,633.65 lakhs | ₹15,845.10 lakhs | +11.29% |
| Net Profit | ₹4,233.77 lakhs | ₹3,477.29 lakhs | +21.76% |
| Basic EPS | ₹37.01 | ₹30.40 | +21.74% |
Nine-Month Performance Analysis
The nine-month period ending 31st December 2025 showed even stronger growth momentum, with the company significantly outperforming the previous year's results.
| Nine-Month Metrics | FY26 (9M) | FY25 (9M) | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹50,029.02 lakhs | ₹39,128.49 lakhs | +27.85% |
| Total Income | ₹51,966.97 lakhs | ₹40,316.98 lakhs | +28.90% |
| Net Profit | ₹12,976.95 lakhs | ₹9,148.74 lakhs | +41.85% |
| Basic EPS | ₹113.43 | ₹79.97 | +41.84% |
Operational Efficiency and Cost Management
The company demonstrated effective cost management during the quarter. Total expenses for Q3 FY26 were ₹11,897.31 lakhs compared to ₹11,168.15 lakhs in Q3 FY25. Key expense components included:
- Cost of materials consumed: ₹10,331.65 lakhs
- Employee benefits expense: ₹639.34 lakhs
- Other expenses: ₹936.12 lakhs
- Depreciation and amortisation: ₹102.16 lakhs
Recent Corporate Developments
The company achieved a significant milestone with the listing of its equity shares on the National Stock Exchange of India Limited. The Board had approved the NSE listing proposal on 12th August 2025, and trading commenced on 24th November 2025. The paid-up equity share capital increased to ₹1,144.02 lakhs from ₹762.68 lakhs in the previous year, reflecting the bonus share allotment during the quarter ended 30th June 2025.
Regulatory and Compliance Updates
Shilchar Technologies has made provisions for the new Labour Codes notified by the Government of India on 21st November 2025. The company provisionally estimated the financial implications and made an additional provision of ₹42.24 lakhs under employee benefit expenses for the quarter and nine months ended 31st December 2025. The company operates in a single business segment focused on transformers and parts manufacturing.
The financial results were reviewed by statutory auditors CNK & Associates LLP and recommended by the Audit Committee before Board approval. The company maintains its registered office at Gavasad, Vadodara, Gujarat, and continues to focus on its core transformer manufacturing business.
Historical Stock Returns for Shilchar Technologies
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -6.11% | +11.00% | -11.94% | -19.27% | -19.27% | -19.27% |
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