Incorporated in 2006, Vilas Transcore Ltd specializes in manufacturing and supplying components for the power distribution and transmission sector. The company operates as a key player in India's power infrastructure ecosystem, focusing on mission-critical components that support the country's electrical grid and distribution networks.
Prior to the incorporation of the Company, the Promoter Nilesh Jitubhai Patel was carrying on the business as a proprietorship concern under the name of "M/s Vilas Transcore" since year 1996. Vilas Transcore Limited was originally incorporated as "Bravil Powercore Private Limited" on November 28, 2006, with the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. The name of the Company was subsequently changed to "Vilas Transcore Private Limited" on March 15, 2007, and later converted into a Public Limited Company under the name "Vilas Transcore Limited" on April 09, 2011.
Vilas Transcore primarily caters to the power distribution and power engineering industry. The Company is presently engaged in the manufacturing and supply of components used in the power distribution and transmission sector, primarily to transformer and other power equipment manufacturers in India and abroad. The company's product portfolio includes a comprehensive range of specialized electrical components essential for power infrastructure.
The company manufactures and supplies a diverse range of electrical lamination cold rolled grain oriented (C.R.G.O.) lamination cores, CRGO slit coils, CRGO stacked (assembled cores), CRGO wound cores, and CRGO Toroidal cores. These components are mainly used in power transformers, distribution transformers, dry-type transformers, and high voltage/medium voltage & low voltage current transformers. The company serves both domestic and international markets, with a strong focus on quality and precision engineering.
Currently, the Company operates from two manufacturing facilities located at Por near Vadodara, Gujarat. Manufacturing Unit 1 is situated in Dist. Baroda, and Unit 2 in Vadodara, both in Gujarat. These strategically located facilities enable efficient production and distribution to customers across India and international markets.
The company has delivered good profit growth of 57.0% CAGR over the last 5 years. Vilas Transcore Limited's revenue and net profit have grown at a CAGR of 16.86 percent and 53.42 percent, respectively, over the last five years.
For the most recent periods, Vilas Transcore Limited's revenue has increased from Rs. 150 crore in H2 FY24 to Rs. 191 crore in H2 FY25, growing by 27.33 percent. The net profit has also grown by 66.67 percent, from Rs. 12 crore in H2 FY24 to Rs. 20 crore in H2 FY25. The company is almost debt-free, which provides financial flexibility for future growth and expansion initiatives.
• Market Capitalization: ₹1,422.29 Crore (as of 30th June 2025)
• Revenue (Latest FY): ₹353 Crore
• Profit (Latest FY): ₹34.2 Crore
• H2 FY25 Performance: Revenue Rs. 191 Cr, Net Profit Rs. 20 Cr
• 5-Year Profit Growth (CAGR): 57.0%
• ROCE: 22.2%
• ROE: 15.4%
• EPS: ₹14
• Debt-to-Equity Ratio: 0.04x
• P/B Ratio: 5.96 times (as on 27-Jun-2025)
• P/E Ratio: 41.62 times (as on 27-Jun-2025)
• Promoter Holding: 73.05% (Nilesh Jitubhai Patel)
Vilas Transcore Limited has outlined ambitious growth plans, focusing on revenue expansion, capacity enhancement, and market share increase.
The company expects to generate Rs. 600 crore in revenue in FY26 and Rs. 1,000 crore in FY27. This marks strong growth compared to FY25 revenue of Rs. 353 crore, showing a projected growth rate of around 183.29 percent over two years.
Vilas Transcore Limited expects its old plant (12,000 MT capacity) to run at full utilization in FY26. The new plant (24,000 MT capacity) is expected to operate at 50 percent utilization, producing around 12,000 MT. The radiator segment is projected to operate at 50 percent utilization, with production between 3,000 to 3,600 MT.
Exports revenue contributed around 2 percent of the company's revenue in FY25, primarily from Europe and the Gulf region. The company aims to increase export contribution to 5–10 percent by FY27, supported by its entry into the U.S. and Canadian markets following the commissioning of its new plant.
Vilas Transcore Limited currently holds approximately a 3 percent share of the Indian CRGO market. With its expanded production capacity, the company aims to increase its market share to 5–6 percent in the coming years as operations scale up.
The promoter of Vilas Transcore Ltd is Nilesh Jitubhai Patel, who owns 73.05 percent of the total equity. Nilesh Jitubhai Patel serves as both the Chairman and Managing Director of the company. There is no promoter pledging in Vilas Transcore Ltd, indicating strong confidence and financial health.
Vilas Transcore Ltd (VILAS) is listed and trades on the NSE stock exchange.
• 52-week High: ₹673.70
• 52-week Low: ₹291
Vilas Transcore Ltd (VILAS) belongs to the Industrials sector and Heavy Electrical Equipments sub-sector. The company's strong fundamentals, coupled with ambitious growth targets and expanding market presence, position it well for the evolving power infrastructure landscape in India.
