Shivalik Bimetal Controls Limited share price

NSE: SBCL · ISIN INE386D01027

Key numbers

Market cap
₹ 6,650 Cr
Current price
₹ 1,154.50
52-week high / low
₹ 1,216 / 369
Stock P/E
63.5
Book value
₹ 83.9
Dividend yield
0.35%
ROCE
26.0%
ROE
21.6%
Debt to equity
0.15
Sales growth (3 yrs)
6.7%
Profit growth (3 yrs)
6.6%
1-year return
104.5%

About Shivalik Bimetal Controls Limited

Shivalik Bimetal Controls Limited operates as a process and product engineering company in India, the United States, Europe, and internationally. The company manufactures thermostatic bimetals, parts/strips, SMDS/shunt resistors, reflow solder/pre solder products, strips, precision stainless steel products, thermostatic bimetals, coils and springs, and snap action discs. Its products are primarily used in switchgears, circuit breakers, protective relays, metering, automotive devices, energy and battery management devices, and various other electrical and electronic devices. The company serves electronics, automotive, domestic appliances, industrial, medical, and agriculture and animal husbandry appliances sectors. The company was incorporated in 1984 and is headquartered in New Delhi, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales137137134163182
Operating profit4950475564
Net profit2325222633
EPS (₹)3.964.273.884.545.73

Concall summary (2026-08-13)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • Sequentially, revenue increased 13%, EBITDA 23%, and PAT 26%, giving us a strong operating start to FY27.
  • Europe grew strongly, led by shunts, with the Americas also showing early improvement in shunts with a 30% growth year -on-year this quarter, after a softer FY26.

Growth & demand

  • Consolidated revenue grew 33.4% year -on-year to 182.2 crores, EBITDA increased 35.2 to 43.2 crores, and PAT grew 44.9% to 33 crores.
  • From the quarter, Shunts remained the stronger growth engine, with revenue increasing 18.7%, but bimetals grew 7.4%.

Margins & costs

  • Importantly, this margin improvement was achieved while employee costs increased as we invested in capacity, people, and capability, giving us confidence that the underlying operating model is strengthening as we scale.
  • Produced & transcribed by - 2 - As electrical contact scale, precious metal content can affect reported revenue and gross margin, so we remain focused on EBITDA and cash generation.

Capex & expansion

  • Our plant needs to be 100% ready to be able to get more of that business.
  • So, if we look at purely our welding capacity, right now we are at about 65%-70% of our welding capacity.

Risks & challenges

  • Asia was weaker during the quarter, and remains an area where we are focused on building rebuild… on reb uilding momentum.
  • So, we have a lot of pressure on these opportunities. shunts to be used for that, and then as we produce these cell connecting sy stems, and as we scale in that, that demand will continue.

Peers in Metal Fabrication

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