Shilchar Technologies Limited

Manufactures electronics, telecom, and power transformers for various clients including ABB, BHEL, and Wipro GE.

1986 | Vadodara, Gujarat (India) | Active
Last Updated:

Shilchar Technologies Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 7.63 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 84.00 Cr
  • Satisfied Charges ₹ 164.25 Cr
  • Revenue Growth 57.09%
  • Profit Growth 207.13%
  • Ebitda 173.40%
  • Net Worth 52.24%
  • Total Assets 21.78%

About Shilchar Technologies

Shilchar Technologies Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 January 1986 and has a history of 39 years and three months. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 531201.

The Corporate was formerly known as Shilchar Electronics Private Ltd. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.63 Cr.

The company currently has active open charges totaling ₹84.00 Cr. The company has closed loans amounting to ₹164.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Shilchar Technologies Limited India are Mauli Mehta as COMPANY SECRETARY and Mr Purohit as Cfo. Rakesh Bansal, Reshma Patel, Aashay Shah, and Three other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L29308GJ1986PLC008387

  • Company No.

    008387

  • Stock Symbol

    BSE : 531201

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Jan 1986

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

What products or services does Shilchar Technologies Limited offer?

Shilchar Technologies Limited offers a wide range of products and services, including Transformers & Transformer Parts, Power Transformers, Sewing,Knitting & Embroidery Machine, Sewing Machine Parts, Electronic Transformers, Electric Fittings & Components, Magnetic Cores, Transformers.

Company report

Shilchar Technologies Limited

Explore comprehensive data for Shilchar Technologies Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Shilchar Technologies?

Executive Team (3)

NameDesignationAppointment DateStatus
Mauli Mehta Company Secretary06-Mar-2024Current
Mr Purohit Country flag representing In CFO27-Mar-2015Current
Alay Shah Country flag representing In Managing Director01-Oct-2007Current

Board Members (5)

NameDesignationAppointment DateStatus
Rakesh Bansal Country flag representing In Director 23-Feb-2024Current
Rajesh Varma Country flag representing In Director 27-Oct-2008Current
Reshma Patel Country flag representing In Director 27-Mar-2015Current
Aashay Shah Country flag representing In Whole-Time Director 01-Nov-2021Current
Zarksis Parabia Country flag representing In Director 14-Mar-2016Current

Financial Performance of Shilchar Technologies.

Shilchar Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.09% increase. The company also saw a substantial improvement in profitability, with a 207.13% increase in profit. The company's net worth Soared by an impressive increase of 52.24%.

Shilchar Technologies revenue growth over time
Shilchar Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
57.09%
Revenue from Operations
55.53%
Total Assets
21.78%
Profit or Loss
207.13%
Net Worth
52.24%
EBITDA
173.40%

What is the Ownership and Shareholding Structure of Shilchar Technologies?

In 2023, Shilchar Technologies had a promoter holding of 65.85% and a public holding of 34.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹84.00 Cr

Satisfied Charges

₹164.25 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 34.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Nov 2020The Hongkong And Shanghai Banking Corporation Limited₹14.00 CrOpen
09 Oct 2020The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrOpen
21 Dec 2019Hdfc Bank Limited₹50.00 CrOpen
25 Jun 2018The Hongkong And Shanghai Banking Corporation Limited₹10.00 CrOpen
27 Dec 2017Standard Chartered Bank₹20.00 CrSatisfied

How Many Employees Work at Shilchar Technologies?

Shilchar Technologies has a workforce of 118 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Shilchar Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shilchar Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Shilchar Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Shilchar Technologies

Recent activity within the organization

  • Annual General Meeting

    Shilchar Technologies Limited last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Shilchar Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Mauli Rushil Mehta was appointed as a Company Secretary was appointed as a Company Secretary on 06 Mar 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Rakesh Dhanraj Bansal was appointed as a Director was appointed as a Director on 23 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 14.00 Cr registered on 25 Nov 2020 with Charge ID 100395581 was modified on 22 Feb 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 21 Dec 2019 with Charge ID 100315554 was modified on 01 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Shilchar Technologies Limited?

    Shilchar Technologies Limited was incorporated on 13 Jan 1986.

  • What is authorized share capital and paid-up capital of Shilchar Technologies Limited?

    The authorized share capital of Shilchar Technologies Limited is ₹ 10.00 Cr and paid-up capital is ₹ 7.63 Cr.

  • Who are the current board members & directors of Shilchar Technologies Limited?

    Currently 8 directors are associated with Shilchar Technologies Limited.

    • Mauli Rushil Mehta
    • Rakesh Dhanraj Bansal
    • Reshma Suresh Patel
    • Mr Prajeshkumar Purohit
    • Aashay Alay Shah
    • Zarksis Jahangir Parabia
    • Rajesh Rama Varma
    • Alay Jitendra Shah

  • What is the registered address of Shilchar Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Shilchar Technologies Limited is Block No. 460, Near Muval Sub-Station -Jambusar Highway India, Padra, Gujarat, 391430.

  • What is the corporate identification number (CIN) and company number of Shilchar Technologies Limited?

    The corporate identification number (CIN) of Shilchar Technologies Limited is L29308GJ1986PLC008387 and the company number is 008387 as per Ministry of Corporate Affairs (MCA).

  • Is Shilchar Technologies Limited registered with any stock exchange in India?

    Yes, Shilchar Technologies Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Shilchar Technologies Limited?

    The Official website of Shilchar Technologies Limited is https://www.shilchar.com

  • What has been the recent revenue trend for Shilchar Technologies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Shilchar Technologies Limited has risen by 57.09%.

  • How many employees does Shilchar Technologies Limited currently have?

    As Per 2023 financial reports, 118 employees are currently employed by Shilchar Technologies Limited.

  • What change has been observed in the net worth of Shilchar Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Shilchar Technologies Limited has experienced an upsurge of 52.24%.

  • What are the total open charges for Shilchar Technologies Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Shilchar Technologies Limited amount to ₹ 84.00 Cr.

  • When was the last Balance Sheet of Shilchar Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Shilchar Technologies Limited was filed with the ROC on 31 Mar 2024.

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