---
title: "Vilas Transcore Ltd (VILAS) — Share Price, Financials & Analysis"
symbol: "VILAS"
company: "Vilas Transcore Ltd"
canonical: "https://tapetide.com/stocks/VILAS"
isin: "INE0AZY01017"
nse_symbol: "VILAS"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 844.8
generated_at: "2026-09-13T18:32:32.791Z"
---

# Vilas Transcore Ltd (VILAS)

Canonical page: https://tapetide.com/stocks/VILAS

## Company

- **NSE Symbol:** VILAS
- **ISIN:** INE0AZY01017
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-06-03
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vilastranscore.com

## About

Incorporated in 2006, Vilas Transcore Ltd specializes in manufacturing and supplying components for the power distribution and transmission sector[1]

## Latest Price

- **Price:** ₹346
- **Change:** -3.95 (-1.13%)
- **Open:** ₹349.95
- **Day High:** ₹349.95
- **Day Low:** ₹340.4
- **Previous Close:** ₹349.95
- **Volume:** 21750
- **As Of:** 2026-09-11T10:01:43+00:00

## Key Fundamentals

Observed at 2026-09-11T04:37:52.838588Z.

- **Market Cap:** ₹844.8 Cr
- **Classification:** SME
- **P/E (reported):** 21.7
- **Book Value:** ₹128
- **Price to Book:** 2.73
- **Dividend Yield:** 0%
- **ROE:** 11.86%
- **ROCE:** 17.43%
- **Debt to Equity:** 0.12
- **Revenue (yearly):** ₹460.67 Cr
- **Net Income:** ₹39.46 Cr
- **EBITDA:** ₹51.47 Cr
- **52-Week High:** ₹604
- **52-Week Low:** ₹320
- **RSI (14):** 45.34

## Tapetide Score

- **Score:** 42 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Falling
- **Percentile:** 19.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 83.65 | 9% |
| growth | 71.9 | 9% |
| momentum | 32.54 | 12% |
| ownership | 49.22 | 24% |
| quality | 32.99 | 22% |
| valuation | 22.75 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 48.8% CAGR over last 5 years

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.8% over last 3 years.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -172.13% | -368.84% | -279.45% |
| ebitda margin growth | 10.47% | -25.44% | 0% | -10.26% |
| net income growth | 12.5% | 15.38% | 25% | 49% |
| revenue growth | -2.7% | 27.26% | 18% | 28% |
| roce | — | -12.32% | -16.16% | 17.44% |
| roe | — | -18.09% | 13.7% | 127.2% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 159 | 150 | 162 | 191 | 229 | 232 |
| Expenses | 144 | 135 | 144 | 164 | 198 | 212 |
| Operating Profit | 15 | 15 | 18 | 27 | 31 | 20 |
| OPM % | 10 | 10 | 11 | 14 | 14 | 9 |
| Other Income | 1 | 3 | 5 | 4 | 4 | 3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | 15 | 16 | 21 | 29 | 32 | 19 |
| Tax % | 24 | 26 | 33 | 28 | 24 | 22 |
| Net Profit | 11 | 12 | 14 | 21 | 24 | 15 |
| EPS in Rs | 6.24 | 6.58 | 5.71 | 8.41 | 9.96 | 6.2 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 162 | 133 | 233 | 283 | 310 | 353 | 461 |
| Expenses | 155 | 124 | 206 | 253 | 279 | 308 | 409 |
| Operating Profit | 7 | 9 | 27 | 29 | 30 | 45 | 51 |
| OPM % | 4.4 | 7 | 11 | 10 | 10 | 13 | 11 |
| Other Income | 1 | 2 | 2 | 2 | 4 | 9 | 7 |
| Interest | 2 | 2 | 3 | 2 | 2 | 2 | 2 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
| Profit before tax | 4 | 7 | 24 | 27 | 31 | 50 | 52 |
| Tax % | 1 | 26 | 26 | 26 | 25 | 30 | 23 |
| Net Profit | 4 | 5 | 18 | 20 | 23 | 34 | 40 |
| EPS in Rs | 12 | 17.43 | 59.7 | 67.37 | 12.82 | 14.09 | 16.16 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 | 3 | 18 | 24 | 24 |
| Reserves | 93 | 97 | 115 | 134 | 141 | 265 | 304 |
| Borrowings | 8 | 8 | 3 | 5 | 0 | 11 | 39 |
| Other Liabilities | 19 | 35 | 52 | 47 | 42 | 50 | 39 |
| Total Liabilities | 122 | 143 | 173 | 189 | 201 | 350 | 406 |
| Fixed Assets | 0 | 38 | 37 | 34 | 33 | 32 | 81 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 38 | 24 |
| Investments | 0 | 0 | 0 | 11 | 20 | 11 | 12 |
| Other Assets | 122 | 104 | 136 | 144 | 148 | 269 | 289 |
| Total Assets | 122 | 143 | 173 | 189 | 201 | 350 | 406 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 22 | 20 | 13 | 13 | 49 | -42 | -2 |
| Cash from Investing Activity | -1 | 0 | -2 | -11 | -10 | -24 | -42 |
| Cash from Financing Activity | -13 | -1 | -7 | -1 | -6 | 106 | 26 |
| Net Cash Flow | 8 | 18 | 4 | 2 | 33 | 40 | -18 |
| Free Cash Flow | 21 | 19 | 11 | 13 | 48 | -80 | -41 |
| CFO/OP | 173 | 237 | 70 | 66 | 182 | -68 | 16 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 107 | 117 | 35 | 55 | 46 | 62 | 61 |
| Inventory Days | 40 | 67 | 104 | 82 | 36 | 91 | 70 |
| Days Payable | 35 | 91 | 82 | 53 | 42 | 50 | 27 |
| Cash Conversion Cycle | 112 | 93 | 57 | 84 | 40 | 103 | 104 |
| Working Capital Days | 116 | 108 | 78 | 70 | 42 | 96 | 84 |
| ROCE % | — | 8 | 23 | 22 | 21 | 22 | 16 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 73.21% | 73.21% | 73.21% | 73.14% |
| FIIs | 2.05% | 2.33% | 2.14% | 2.14% |
| DIIs | 0.05% | 0.03% | 0.03% | 0.03% |
| Government | 0% | 0% | 0% | 0% |
| Public | 18.27% | 17.98% | 17.88% | 18.45% |
| Others | 6.42% | 6.45% | 6.74% | 6.24% |
| No. of Shareholders | 2170 | 3377 | 4223 | 4254 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 352.14 | Sell |
| EMA (10) | 351.86 | Sell |
| SMA (20) | 354.05 | Sell |
| EMA (20) | 354.18 | Sell |
| SMA (50) | 361.19 | Sell |
| EMA (50) | 361.4 | Sell |
| SMA (100) | 379.1 | Sell |
| EMA (100) | 371.55 | Sell |
| SMA (200) | 380.39 | Sell |
| EMA (200) | 387.03 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.94 | Neutral |
| MACD (12,26,9) | -3.15 | Sell |
| Stochastic (14,3,3) | 21.5 | Neutral |
| ADX (14) | 10.52 | Neutral |
| Williams %R (14) | -83.28 | Buy |
| ATR (14) | 11.96 | High Volatility |
| ROC (12) | -4.18 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 42.41 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 June 2026 - Vilas Transcore will hold a virtual analyst meet on June 18, 2026 with Hem Securities. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Vilas Transcore will hold a virtual analyst meet on June 18, 2026 with Hem Securities.](https://nsearchives.nseindia.com/corporate/VILAS_09062026120902_NSE_analyst_investors_meeting_intimation_VILAS18626.pdf) |
| 8 May 2026 - Vilas Transcore Limited has informed about Acquisition | [Acquisition 8 May 2026 - Vilas Transcore Limited has informed about Acquisition](https://nsearchives.nseindia.com/corporate/VILAS_08052026165026_NSE-updateoveracquistion_VILAS.pdf) |
| 7 Sep - Newspaper ads published for 20th AGM notice, FY2025-26 annual report, and remote e-voting. | [Copy of Newspaper Publication 7 Sep - Newspaper ads published for 20th AGM notice, FY2025-26 annual report, and remote e-voting.](https://nsearchives.nseindia.com/corporate/VILAS_07092026170723_Intimation_to_NSE_07092026.pdf) |
| 7 May 2026 - Vilas Transcore invites investors to H2 and FY26 earnings call on 12 May 2026 at 11:00 AM IST. | [Analysts/Institutional Investor Meet/Con. Call Updates 7 May 2026 - Vilas Transcore invites investors to H2 and FY26 earnings call on 12 May 2026 at 11:00 AM IST.](https://nsearchives.nseindia.com/corporate/VILAS_07052026155132_NSE_earningscallinvite_VILAS_H2FY26.pdf) |
| 7 Jul - Registrar confirms dematerialisation requests processed within stipulated time for April 1-June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 7 Jul - Registrar confirms dematerialisation requests processed within stipulated time for April 1-June 30, 2026.](https://nsearchives.nseindia.com/corporate/VILAS_07072026154222_NSE_74_5_VILAS7726.pdf) |
| 6 January 2026 - Analyst/investor plant visit Jan 08, 2026, 11:00–16:00; H1FY26 presentation. | [Analysts/Institutional Investor Meet/Con. Call Updates 6 January 2026 - Analyst/investor plant visit Jan 08, 2026, 11:00–16:00; H1FY26 presentation.](https://nsearchives.nseindia.com/corporate/VILAS_06012026103238_NSE_Intimation08012026_VILAS.pdf) |
| 4 Sep - AGM on 28 Sep 2026; seeks MD/WTD reappointments and Rs.100 crore Atlas RPT approval. | [Shareholders meeting 4 Sep - AGM on 28 Sep 2026; seeks MD/WTD reappointments and Rs.100 crore Atlas RPT approval.](https://nsearchives.nseindia.com/corporate/VILAS_04092026163029_NSE_NOTICE_AGM_VILAS_040926.pdf) |
| 4 Aug - Q1FY27 revenue rose 18.2% to Rs132.4 Cr; CRGO volume up 41.2%, radiators began commercial operations. | [General Updates 4 Aug - Q1FY27 revenue rose 18.2% to Rs132.4 Cr; CRGO volume up 41.2%, radiators began commercial operations.](https://nsearchives.nseindia.com/corporate/VILAS_04082026202854_NSE_Q1_FY26_27businessupdate_VILAS.pdf) |
| 30 April 2026 - Vilas Transcore says large corporate disclosure requirements are not applicable. | [Updates 30 April 2026 - Vilas Transcore says large corporate disclosure requirements are not applicable.](https://nsearchives.nseindia.com/corporate/VILAS_30042026170348_NSE_Disclosure_LargeEntities_VILAS.pdf) |
| 29 June 2026 - Vilas Transcore bought land and building for Unit-III expansion for ₹3.5 crore on June 29, 2026. | [General Updates 29 June 2026 - Vilas Transcore bought land and building for Unit-III expansion for ₹3.5 crore on June 29, 2026.](https://nsearchives.nseindia.com/corporate/VILAS_29062026212124_NSE_landacquisition_SMT_VILAS29626.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31397_VILAS_2025_2026_A_9168561_04092026171014.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28556_VILAS_2024_2025_A_4244305_05092025152635.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25667_VILAS_2023_2024_040920241599.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/VILAS_19112025165045_NSE_Analystinvestor_transcript_VILAS141125.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/VILAS_12112024131726_Vilas_Transcore_Investor_Presentation_H1FY25V5.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/VILAS_16112024164754_Transcriptearningscall121224NSEupload.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/VILAS_27052025220235_NSE_transcriptearningcall_VTL22525.pdf) |
| Jul 2024 | [Concall - Jul 2024](https://nsearchives.nseindia.com/corporate/VILAS_04072024165211_Transcriptearningscall28062024NSEUPLOAD.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:32:32.791Z.
