Q1 2027 Shilchar Technologies Ltd Earnings Call Transcript
Key Points
- Strong order book of nearly INR500 crores, providing good revenue visibility for upcoming quarters.
- Management maintains FY27 revenue guidance of INR800 crores, expecting improved momentum in Q2.
- Phase 3 expansion (adding 6,500 MVA capacity) is on track for commissioning in April 2027, with potential for early completion.
- Underlying demand in both domestic and export markets remains firm, with no order cancellations, only deferrals.
- New orders are being booked at current raw material prices, which should support margin recovery in Q2 and beyond.
- Q1 FY27 revenue and profitability were negatively impacted by the West Asia crisis, leading to lower export dispatches and a softer start to the year.
- Shipping costs have risen 3-5 times for certain geographies, increasing landed costs for customers and causing them to defer orders.
- Raw material price increases were only partially passed on (50-60%) for existing orders, pressuring margins in Q1.
- Capacity utilization was only 60-65% in Q1, below the target of near-full utilization for the year.
- The geographic mix is shifting toward domestic sales (70% of order book), which typically carry lower margins compared to exports.
Ladies and gentlemen, good day and welcome to Shilchar Technologies Limited Q1 FY 2027 earnings conference call hosted by TIL Advisors. (Operator Instructions) Please note that this conference is being recorded. I now in the conference over to Mr. Sayam Pokharna from TIL Advisors.
Thank you and over to you, sir.
Thank you, Nirav. Welcome, everyone. Good afternoon, and thanks for taking out the time to join us today in the Q1 FY27 earnings conference call of Shilchar Technologies Limited. The investor updates, including the investor presentation, has already been uploaded on the stock exchange and on the company website. To take us through today's results, we have with us from the management team Mr. Alay Shah, Managing Director; and Mr. Prajesh Purohit, Chief Financial Officer.
We will start with a brief opening remarks on the quarterly performance by Mr. Alay Shah, followed by a Q&A session. I would like to remind you that anything and everything that is said on this call
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
