Vilas Transcore Limited — PPTs, 21-05-2025: Investor Presentation

**Financial Highlights:**

Vilas Transcore posted total income of Rs 3620 Mn, up 27% YoY. EBITDA grew to Rs 535 Mn with a 14.8% margin, while PAT surged 67% YoY to Rs 342 Mn, achieving a 9.4% margin. Gross margin rose to 23.3%. The company is net debt free, holding Rs 1123 Mn in cash. ROE and ROCE stood strong at 16.4% and 17.7% respectively. Capacity utilization for CRGO lamination reached nearly 100% in FY25.

**Strategic Initiatives & Growth Drivers:**

A greenfield expansion in Vadodara nearing commercial production will add 24,000 MTPA of CRGO lamination and 7,200 MTPA of radiators. Vilas Transcore is tripling capacity with new launches in radiators and nanocrystalline cores, targeting the power and energy sectors. Expansion is funded partly by IPO proceeds, with Rs 45 Cr reserved for further growth.

**Business Developments:**

Launch of high-efficiency radiators and nanocrystalline cores broadens product mix, addressing transformer cooling and energy loss reduction. Supplier network enhancements aim to ease capacity constraints and boost margins.

**Market Position & Competitive Advantage:**

With nearly 30 years of experience, Vilas Transcore commands a strong position in transformer components across domestic and international markets (Gulf, Europe, Canada). Expanded capacity and product innovation strengthen its edge in power transmission. Facilities near the Delhi-Mumbai corridor offer logistical benefits.

**Investor Implications:**

Capacity ramp-up, diversified products, and margin expansion highlight positive growth potential. Execution of the Vadodara project and consistent operational efficiency are key value drivers. Maintaining net debt free status with solid cash flows adds to the company’s investment appeal.