Inve India ▾

Vilas Transcore share price & results

Vilas Transcore· Capital Goods· Industrials

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Vadodara-based manufacturer of CRGO transformer laminations, cores, radiators and copper conductors for the power transmission & distribution industry

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue232 ₹ crore+21.5% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin9.0 %−5.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit15.0 ₹ crore−28.6% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−1.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-8.93 %+13.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable+16.7 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

1 of 6 judged targets kept · 11 open · verdicts reflect calls analysed to Q4 FY26.

Vilas Transcore management guidance track record on Inve: 17 targets tracked across analysed earnings calls (1 achieved, 5 missed, 11 open).

TargetOriginal wordingSaidLatest callVerdict
Commercial Operation of New PlantFull-scale commercial operation by July 2025
Call transcript, Q4 FY25 · 22 May 2025
Q4 FY25Q4 FY26:Achieved. The new Unit 3 facility is operational and ramping up, having expanded CRGO lamination capacity to 36,000 MTPA.
Call transcript, Q4 FY26 · 19 May 2026
Achieved
FY26 Total TurnoverINR 600 crores
Call transcript, Q4 FY25 · 22 May 2025
Q4 FY25Q4 FY26:Missed. Final FY26 revenue growth was 30% YoY. While the absolute number was not disclosed, this is presumed to be below the revised target of INR 510-540 cr, as management commentary focused on price corrections impacting revenue.
Call transcript, Q4 FY26 · 19 May 2026
Missed
Export Percentage of Sales5-10% in the next 2 years
Call transcript, Q4 FY25 · 22 May 2025
Q4 FY25Q4 FY26:Exports remain at 1-2% of revenue. Management now cites high shipment costs and orders from the Gulf being on hold, reinforcing the diluted stance.
Call transcript, Q4 FY26 · 19 May 2026
Diluted

Source: Inve Guidance Tracker for Vilas Transcore · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Vilas Transcore's 17 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 14 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹360.5 +3.97% · +₹13.75

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance −18.1% 1Y

₹350₹400₹450Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 14 Nov 2025Q4 FY26 — 19 May 2026

1Y: ₹440.15 on 24 Oct 2025 → ₹360.5. High ₹478.2 (22 Apr 2026), low ₹316.25 (16 Sept 2026).

Previous close
₹346.75
Market cap
₹849 Cr
52-week range
₹316.25 – ₹478.2
One year
−20.59%
Price to earnings (FY ending Mar 2026)
21.74×
Return on equity (FY ending Mar 2026)
12.66%

Overview

Symbol
NSE:VILAS
Industry
Industrials
Exchange
NSE
Currency
INR

What Vilas Transcore does

Based on the company's own presentations, annual report and earnings calls.

Vilas Transcore processes Cold Rolled Grain-Oriented (CRGO) steel into laminations, slit coils, wound/toroidal cores and stacked core-coil assemblies used inside power and distribution transformers. It has since forward-integrated into transformer radiators and nanocrystalline cores, and is now setting up a copper conductors line (PICC, CTC and paper-insulated aluminium conductors) to move from a component supplier to a fuller transformer value-chain partner. It sells to transformer OEMs and EPC contractors domestically and exports to the Gulf, Europe and Canada.

Segments

  • CRGO Processing & Lamination
  • Transformer Core Solutions
  • Magnetic Shielding Solutions
  • Radiators
  • Nanocrystalline Cores
  • Copper Conductors
CRGO Lamination installed capacity
36,000 MTPA (up from 12,000 MTPA after Unit 3)
Manufacturing facilities
3 units across ~500,000 sq ft in Vadodara
CRGO Lamination production volume (FY26)
19,856 MT
Radiator installed capacity
7,200 MTPA
Copper Conductors Phase 1 capacity
1,500–1,800 MTPA (expected completion Sep 2026)
Nanocrystalline Core installed capacity
240 MTPA
Founded 2006Headquarters Vadodara, Gujarat, IndiaEmployees 290 (FY26) Company website

How the price took the results

close before → close after

Q4 FY26
+7.5%
19 May
Q2 FY26
+6.4%
14 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Vilas Transcore

Free account: one company. Everything above stays public.

Write why you follow Vilas Transcore and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds