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Shilchar Technologies announced strong Q2 FY26 financial results, with revenue at 171 Cr, growing 31% year-on-year, and net profit up 40% to 46 Cr, maintaining 31% EBITDA margins. The company is on track to achieve 750 Cr in sales for FY26, supported by a 300 Cr order book. A significant Gavasad expansion, adding 6,500 MVA and bringing total capacity to 14,000 MVA by April 2027, is fully funded by 90 Cr in internal accruals. This expansion will allow manufacturing of 220 kV class transformers, catering to the booming domestic power and renewable energy sectors, alongside robust demand from US data centers. Despite US tariffs, customers are absorbing the costs, allowing margins to be maintained. Full capacity could generate 1,400-1,500 Cr in revenue.