Shilchar Technologies Reports Record Q3 FY24-25 Sales Amid Strong Financial Health

Shilchar Technologies, a small-cap player in the electric equipment industry, has recently undergone an evaluation adjustment reflecting its financial standing. The company has demonstrated a strong capacity to manage its debt, evidenced by a low Debt to EBITDA ratio of 0.92 times. This positions Shilchar favorably in terms of financial health.
In the latest quarter, Q3 FY24-25, Shilchar Technologies reported significant achievements, with net sales reaching Rs 153.74 crore and PBDIT at Rs 43.09 crore, both marking the highest figures recorded. The operating profit has shown robust growth, with an annual increase of 134.72%. Notably, the company has maintained positive results for 13 consecutive quarters, underscoring its operational consistency.

Despite a recent decline in institutional investor participation, with a decrease of 0.85% in their stake, Shilchar Technologies continues to exhibit strong returns, having outperformed the BSE 500 over the past three years. The company's return on equity stands at 55.6, indicating a high valuation relative to its book value.

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