Vilas Transcore: The Rising Star in Power Transformer Components

The power sector has become a favorite in the stock market, driven by a growing population, industrial expansion, and increasingly intense summers. As a result, the demand for electricity has soared. Homes and businesses are using more air conditioning to combat the heat, pushing the national grid to its limits.

Amid this surge in power consumption, a particular niche within the broader sector has begun to attract significant attention: the power transformer industry. These unsung heroes, often hidden away in substations and distribution centers, play a crucial role in ensuring a smooth flow of electricity. They silently transform raw voltage from power plants into levels usable by homes, factories, and everything in between, making them the invisible conductors of our modern world.

As the power transformer industry gains prominence, Vilas Transcore, a recent entrant to the stock market, stands poised to be a key player in India’s power transformation journey.

About Vilas Transcore

Vilas Transcore specializes in manufacturing and supplying power distribution and transmission components, primarily to transformer and other power equipment manufacturers in India and abroad. Their manufacturing process adheres to industry standards and customer specifications, utilizing the latest technology to ensure quality and precision for application in the power equipment industry.

The company operates two manufacturing units: one in Ramangamdi, Baroda, covering 2,200 sq. m., and the second in Vadodara, Gujarat, spanning 11,000 sq. m. Vilas Transcore has also been approved for sourcing toroidal cores for current transformers (CT) up to 400 KV class for power grid projects.

Vilas Transcore’s Product Portfolio

CRGO Transformer Lamination

• Essential for power and distribution transformers.

• Made from grain-oriented electrical steel (CRGO), crucial for energy-saving electrical equipment.

• Available types include CRGO Transformer Lamination and Step Lap CRGO Lamination.

CRGO Stacked Assembled Core/Coil-Core Assembly

• Complete CRGO assembled cores for distribution and power transformers up to 10 MVA (10,000 KVA).

• Designed for minimal load losses and ready for LV and HV coil insertion.

Wound Core/Toroidal Core

• Manufactures single-phase and three-phase wound cores for transformers.

• Utilizes high-grade CRGO steel with low core loss for circular cores.

• Produces toroidal cores in CRGO material for low, medium, and high-frequency transformers, CTs, PTs, and various other types.

Yoke Shunt/Tank Shield

• Strips of CRGO coils slit and cut to different widths and lengths per customer specifications.

CRGO Slit Coils

• Produced according to customer specifications from the required grade of materials.

• Carbide slitting lines ensure minimal burr formation on coil edges.

The Role of Vilas Transcore in India’s Power Transformation

Vilas Transcore is a significant player in India’s power transformation sector, known for its expertise in manufacturing essential electrical components. The company specializes in cold rolled grain-oriented (CRGO) laminations, CRGO slit coils, CRGO stacked cores, CRGO wound cores, and CRGO toroidal cores. These components are critical for power transformers, distribution transformers, and dry-type transformers, as well as for high, medium, and low-voltage current transformers.

Using high-grade CRGO steel is vital for minimizing core losses and ensuring high permeability, thus enhancing the efficiency and economy of electrical transformers. This specialized steel plays a key role in energy-saving and efficient power transmission and distribution.

Vilas Transcore’s manufacturing processes are designed to reduce imperfections and irregularities in the laminations, contributing to lower eddy current losses and improved energy efficiency. The company also emphasizes the importance of core design, employing laminated sheets to minimize current losses and using CRGO steel to reduce hysteresis losses. This approach ensures a low reluctance path for electromagnetic flux and supports the primary and secondary windings of transformers, optimizing the energy transfer process.

Furthermore, innovative solutions like yoke shields and tank shields distinguish Vilas Transcore, giving it a competitive edge.

Financial Performance

Vilas Transcore has demonstrated robust financial performance from 2021 to 2023, achieving a compounded annual growth rate (CAGR) of 45.9% in revenue, driven by continuous demand growth. Moreover, its net profit has shown remarkable expansion, growing at a CAGR of 96.3% during this period. This growth has been accompanied by an increase in net profit margins, which rose from 3.9% to 7.2%.

Future Prospects

Moving forward, Vilas Transcore is focusing on high-growth verticals and sectors in India and abroad. With a strong emphasis on quality and customer satisfaction, the company has built enduring relationships by consistently delivering products that meet stringent standards and specifications.

Looking ahead, Vilas Transcore aims to expand its customer base and advance its capabilities in process innovation, product development, and value engineering solutions. This strategic direction is designed to cater to a wider range of customer requirements, thereby diversifying its customer and product portfolio.

To achieve these objectives, Vilas Transcore is enhancing its in-house capabilities in value engineering, testing, and design through ongoing investments in human resources and technical development. The company is collaborating with key customers to enhance and customize its offerings. This approach will not only sustain but also strengthen Vilas Transcore’s market share in the transformer component market.

In Conclusion, The Indian government has rolled out several initiatives to bolster the growth of the domestic electronics manufacturing sector. Factors such as government efforts to upgrade grid infrastructure, integrate advanced technologies, and facilitate new inter-state transmission system (ISTS) and HDVC projects are driving this surge in demand.

Moreover, international orders, increased global infrastructure spending, the adoption of renewable energy, and strategies like the "China plus one" approach and supplier consolidation are further contributing to the sector’s promising outlook. These dynamics collectively present a fertile landscape for Vilas Transcore to capitalize on burgeoning opportunities within the power transformer industry.