What we do Vilas Transcore Ltd manufactures and supplies electrical CRGO core components for power transformers used in power distribution and transmission in India and international markets. |
Founded in 2,006 |
Market share A leading manufacturer in India's CRGO transformer core segment with growing international presence. |
Problem solved Provides high-quality, efficient transformer cores to reduce energy losses in power distribution and transmission systems. |
Top clients or who we serve Transformer and power equipment manufacturers in India and abroad (B2B). |
Key management Nilesh Jitubhai Patel (Managing Director) with over 27 years' experience, diploma in Electrical Engineering. |
Our journey and innovations Founded from a 1996 proprietorship, IPO in 2024, expanded capacity in 2025 to 36,000 MTPA including new nanocrystalline cores and radiator products. |
Where we operate India with exports globally; manufacturing in Vadodara, Gujarat. |
Top products or what we offer CRGO laminations, slit coils, wound and stacked cores for transformers, plus transformer radiators and nanocrystalline cores launched in 2025. |
Top brands - |
Raw materials needed Cold rolled grain oriented electrical steel for transformer cores. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue mainly recurring from supply contracts with transformer manufacturers. |
Our industry position Reaffirmed credit rating ICRA A-, stable outlook; growing production capacity gives competitive advantage. |
Financial highlights FY25 revenue of Rs 353.05 Cr, PAT Rs 34.17 Cr, strong growth from Rs 309.74 Cr revenue in previous year. |
Geographical revenue split - |
Order book - |
Whats driving growth Capacity expansion, new product launches, growing transformer industry demand, and successful IPO funding. |
Our future plans Further capacity utilization, product innovation, and continued focus on export markets. |
Our green promise Installed energy-efficient equipment, exploring renewable energy sources like solar power. |
Our people and values 74 employees, emphasis on quality, safety, gender inclusion with maternity benefits and anti-harassment policies. |
Key challenges ahead Managing forex fluctuations, compliance with evolving regulations, and competition in transformer components sector. |
Interesting facts Scaled production capacity threefold in 2025; launched new product categories with high growth potential. |
Risks and strategy Industry and forex risks mitigated via strong governance, diversified customers, and ongoing investments in technology. |
