Shilchar Technologies share price today

Shilchar Technologies Ltd's share price was ₹3,619.40 at the close on 4 November 2026. It has been falling for 6 weeks. That is 12.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹2,962 and ₹5,161, and at that close it sat 30% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Shilchar Technologies Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 13 weeks running.

Over the last 11 years the share price moved +5,769% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue grew again in the September 2026 quarter and operating margin down 10 points on a year earlier.

1. Revenue grew again in the September 2026 quarter

   Revenue was ₹193 crore, +12.9% on a year earlier (₹171 crore), after 2 quarters of decline.

   Why: Sales rose because orders delayed from the first quarter were completed, and new orders picked up after a slow start caused by West Asia shipping problems.

   Next results: check whether the strong order book turns into sales in the second half.

   From the earnings call on 29 Oct 2026.

2. Operating margin down 10 points on a year earlier

   21% in the September 2026 quarter, from 31%.

   Why: Margins fell because raw materials took a bigger share of sales, shipping cost more, and a smaller share of sales came from exports.

   Next results: check whether a bigger share of sales comes from exports, since management ties better margins to that.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Shilchar Technologies reported revenue of ₹193 crore, up 12.9% from ₹171 crore a year earlier, and a profit of ₹33.0 crore, down 28.3% from ₹46.0 crore.

Shilchar Technologies results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Shilchar Technologies' management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Shilchar Technologies closed at ₹3,619.40 on 4 November 2026, down 17.4% from ₹4,381.75 a year earlier (7 November 2025) and up 4,768.1% over five years. Its highest weekly close since March 2016 was ₹6,007.75 on 6 June 2025.

Shilchar Technologies share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Shilchar Technologies closed at ₹3,619.40, up 1.2% on the week and down 10.1% on the month. 29 Oct 2026: Shilchar Technologies held its results call for July to September 2026. Management guided: FY27 revenue ₹750 crore on-track with deliveries scheduled in H2.

Earlier

• Results for July to September 2026: Revenue up 12.9% and profit down 28.3% on a year earlier.
• 31 Jul 2026: ex-date for a dividend of ₹12.50 a share.

Shilchar Technologies paid ₹12.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.35% at the ₹3,619.40 close on 4 November 2026. The last was a dividend of ₹12.50 a share, ex-date 31 July 2026.

Shilchar Technologies dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Shilchar Technologies Ltd paid out 9% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 29 October 2026, Shilchar Technologies' management guided: FY27 revenue ₹750 crore on-track with deliveries scheduled in H2.

“If we have done 200 crores with a 30% EBITDA margin, the EBITDA margin may come down, but our EBITDA in value terms may be 225 or 250 crores”Management, on the call for July to September 2026

What management guided

• H2 above ₹225-230 crore per quarter to exceed ₹800 crore in FY27.
• FY27 operating profit ₹225-250 crore absolute, trying 23-24% margin with percentage unassured.
• Q3 and Q4 utilisation near 100% with new capacity breakeven at 35-40%.
• FY28 revenue around ₹1000 crore; FY29 ₹1250-1500 crore with full utilisation capped at ₹1500 crore.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

When Shilchar Technologies reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: H2 quarterly revenue having at the flagged run-rate - confirms executable book converts as claimed.

Shilchar Technologies is on one of our India lists: Power & green energy stocks.

Shilchar Technologies Ltd earned ₹33.0 Cr of net profit in the Sep 2026 quarter, −28.3% on the same quarter a year earlier. Full-year FY26 profit was ₹158 Cr. Over 10 years profit has grown 33.2% a year on average. That is 17.1% of the quarter's revenue. The same quarter a year earlier earned ₹46.0 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹158 Cr (+7.5% on the year before).

Why profit moved: revenue changed +12.9% on a year earlier and the margin moved −10.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −26.6% and revenue −6.6%. Profit is growing slower than sales: rising costs are taking part of the growth.

Shilchar Technologies Ltd reported ₹193 Cr of revenue in the Sep 2026 quarter, +12.9% on the same quarter a year earlier. Over 10 years it has grown 20.4% a year on average. The last full year, FY26, came in at ₹652 Cr. The last four reported quarters add to ₹650 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹652 Cr, +4.7% on the year before.

Recent pace: the last four quarters grew −6.6% on average, against 20.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −9.2%, against +18.7% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −29.9%, against +7.2% a year (rolling over).

Shilchar Technologies Ltd's operating margin was 21.0% in the Sep 2026 quarter, 10.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 4.3% and 30.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −10.5 percentage points on the year while gross margin changed −10.0 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 78% of Shilchar Technologies Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 it brought in ₹192 Cr of operating cash against ₹158 Cr of profit. After ₹20.0 Cr of spending on assets, ₹172 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 78% of profit came in as cash: the cash cycle got 12 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: less of the profit turns into cash than it should, and the cash cycle is 12 days longer. The next section looks at where the cash is stuck.

Shilchar Technologies Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 105 days in FY26, up from 93 days in FY21. It spent ₹46.0 Cr on assets over the last 3 years. Customers take 86 days to pay, and stock sits for 83 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹652 Cr, each day of that cycle ties up about ₹1.8 Cr, so roughly ₹188 Cr is tied up in the business at any time.

FY26: customers took 86 days to pay and stock sat for 83 days, about 2.7 months of sales sitting as stock, for a full cycle of 105 days, longer than FY21's 93.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 83 days. Customers pay about 86 days after that. Suppliers are paid at 64 days. Together that makes the 105-day cycle.

Spending on assets: ₹46.0 Cr over the last 3 years, against ₹10.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹6.0 Cr (FY26): assets paid for that are not earning yet.

In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit.

Shilchar Technologies Ltd's P/E is 33.2×, near the high end of its own history: higher than 83% of past readings. Its usual P/E (the middle reading) is 19.3×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.