Vilas Transcore Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Vilas Transcore reported strong H1 FY26 results: Revenue reached INR 229 Cr (+41% YoY), EBITDA INR 31 Cr (+74% YoY) with 13.6% margin, and PAT INR 24 Cr (+74% YoY) at 10.7% margin, maintaining a net-debt-free balance sheet. Management anticipates 35-40% revenue growth in H2, leveraging new capacities for CRGO Laminations, Nanocrystalline Cores (commercial production began July 2025), and Radiators (trial production underway). The company is strategically diversifying into high-value Copper Conductors (PICC/CTC) with a planned INR 25-30 Cr CAPEX, aiming for INR 150-200 Cr revenue from May 2026. Despite CRGO price volatility, effective inventory management is expected to maintain margins. The outlook emphasizes profitable expansion and becoming a comprehensive transformer component supplier.