Is Shilchar Technologies the Best Stock in Its Sector? A Look at the Numbers
- October 7, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Shilchar Technologies CMP Rs 4,063 (07 Oct 2026). Market cap Rs 4,678 Cr. ROE 32.22%. P/E 34.01x versus Industry P/E 55.83x.
Quick Answer
Shilchar Technologies is one of the names investors compare when screening the Electricals sector, built on a 32.22% return on equity and a P/E of 34.01x against an Industry P/E of 55.83x. Whether Shilchar Technologies is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Electricals sector peers, so you can judge that for yourself.
Is Shilchar Technologies the best stock in its sector? The stock trades on the NSE at Rs 4,063 as of 07 October 2026, within its 52-week range of Rs 2,852.50 to Rs 5,399.00. Shilchar Technologies Ltd, based in Vadodara, makes transformers and related electrical equipment.
Shilchar Technologies sits in the Electricals sector, and its 32.22% ROE and 34.01x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Shilchar Technologies
Shilchar Technologies Ltd, based in Vadodara, makes transformers and related electrical equipment. The stock is trading about 25 percent below its 52-week high, and it trades at a high absolute share price. At a market capitalisation of Rs 4,678 Cr, it is tracked as part of the Electricals sector on Univest.
Is Shilchar Technologies the Best Stock in Its Sector?
Shilchar Technologies makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 32.22% ROE with a 34.01x P/E against the sector’s 55.83x Industry P/E. Shilchar Technologies’ 34.01x P/E is below the 55.83x Industry P/E and its 32.22% ROE is exceptional with no debt, but a 9.53x price to book is demanding and the stock is about 25 percent below its 52-week high.
| Metric | Shilchar Technologies |
|---|---|
| CMP (NSE) | Rs 4,063.30 |
| 52-Week High / Low | Rs 5,399.00 / Rs 2,852.50 |
| Market Cap | Rs 4,678 Cr |
| P/E (TTM) vs Industry P/E | 34.01x vs 55.83x |
| P/B | 9.53 |
| ROE | 32.22% |
| EPS (TTM) | Rs 120.22 |
| Dividend Yield | 0.31% |
| Debt to Equity | 0.00 |
Compare Shilchar Technologies Against Other Electricals Sector Stocks
How Shilchar Technologies Compares Against Its Electricals Sector Peers
The table below sets Shilchar Technologies against 2 other Electricals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Shilchar Technologies | 4,678 | 34.01 | 32.22% | 0.00 |
| Voltamp Transformers | 10,664 | 33.63 | 17.04% | 0.00 |
| Salzer Electronics | 927 | 20.66 | 8.93% | 0.90 |
| Peer average (2 companies) | – | 27.15 | 12.98% | 0.45 |
Against this peer set, Shilchar Technologies’s 32.22% ROE is above the 12.98% peer average, and its P/E of 34.01x runs above the peer average of 27.15x. Shilchar Technologies’ 34.01x P/E is below the 55.83x Industry P/E and its 32.22% ROE is exceptional with no debt, but a 9.53x price to book is demanding and the stock is about 25 percent below its 52-week high.
What Makes Shilchar Technologies Worth Watching in Electricals
- Exceptional ROE, debt free: A 32.22% ROE alongside a debt to equity ratio of 0.00 reflects very high returns from a self-funded business.
- Below Industry P/E: A 34.01x P/E against a 55.83x Industry P/E is a discount, though a 9.53x price to book is still demanding.
- Concentrated product niche: Making transformers and related electrical equipment ties results to utility and power equipment orders.
Shilchar Technologies Valuation: Is It Justified?
Shilchar Technologies’ 34.01x P/E is below the 55.83x Industry P/E and its 32.22% ROE is exceptional with no debt, but a 9.53x price to book is demanding and the stock is about 25 percent below its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Sarveshwar Foods the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Shilchar Technologies and other Electricals sector stocks.
How to Track Shilchar Technologies Before You Invest
Before deciding whether Shilchar Technologies deserves its label as the best stock in its sector for your own portfolio, compare it directly against Electricals sector peers using the steps below.
- Open the Univest Screener and search for Shilchar Technologies to view live price, valuation ratios, and peer comparisons within the Electricals sector.
- Compare its P/E, P/B, and ROE against other Electricals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Shilchar Technologies earns a place in the best stock in its sector conversation on the strength of a 32.22% ROE and a P/E of 34.01x against a 55.83x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Shilchar Technologies the best stock in its sector?
Ans. Shilchar Technologies has a 32.22% ROE and trades at 34.01x P/E against a 55.83x Industry P/E, and compares above the peer average ROE of 12.98% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Shilchar Technologies?
Ans. Shilchar Technologies was trading at Rs 4,063.30 on the NSE as of 07 October 2026, within its 52-week range of Rs 2,852.50 to Rs 5,399.00.
What sector does Shilchar Technologies belong to?
Ans. Shilchar Technologies is classified under the Electricals sector on Univest.
How does Shilchar Technologies compare to its sector peers on P/E?
Ans. Shilchar Technologies’s P/E of 34.01x is above the 27.15x average of the 2 named peers compared in this article.
What is Shilchar Technologies’s return on equity?
Ans. Shilchar Technologies reported a return on equity of 32.22%, which is above the 12.98% average of its named peers in this comparison.
Should I invest in Shilchar Technologies based on its sector position?
Ans. Shilchar Technologies’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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