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Shivalik Bimetal Controls share price & results

Shivalik Bimetal Controls Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's only fully integrated maker of thermostatic bimetals, shunt resistors and electrical contacts.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue182 ₹ crore+32.8% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin24.0 %+1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit33.0 ₹ crore+43.5% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity23.99 %+1.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin3.53 %−9.0 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)18.69 %+12.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

1 of 6 judged targets kept · 9 open · verdicts reflect calls analysed to Q1 FY27.

Shivalik Bimetal Controls Limited management guidance track record on Inve: 15 targets tracked across analysed earnings calls (1 achieved, 5 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
Working Capital Daysget this working capital in the range of the previous year's numbers by March 26
Call transcript, Q3 FY26 · 6 Feb 2026		Q3 FY26Q1 FY27:No update provided on working capital days.
Call transcript, Q1 FY27 · 7 Aug 2026		Ghosted
Revenue from Forward Integration (PCBA/Busbars)opportunity of 150 crores year on year by FY27
Call transcript, Q4 FY25 · 30 May 2025		Q4 FY25Q1 FY27:FY27 revenue now guided at ₹30-60 crores (10-15% of total potential), a significant cut from the original ₹150 crore target for the year.
Call transcript, Q1 FY27 · 7 Aug 2026		Revised Down
EBITDA Margin22% or 23% EBITDA, we have been maintaining year on year
Call transcript, Q4 FY25 · 30 May 2025		Q4 FY25Q4 FY26:Achieved 22.9% for FY26
Call transcript, Q4 FY26 · 20 May 2026		Achieved

Source: Inve Guidance Tracker for Shivalik Bimetal Controls Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

5 of Shivalik Bimetal Controls Limited's 15 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 12 more targets are in the full ledger.

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Price

₹1,007.2 +9.99% · +₹91.5

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +110.6% 1Y

₹0.4k₹0.6k₹0.8k₹1.0k₹1.2kOct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 13 Nov 2025Q3 FY26 — 6 Feb 2026Q4 FY26 — 20 May 2026Q1 FY27 — 7 Aug 2026

1Y: ₹478.35 on 24 Oct 2025 → ₹1,007.2. High ₹1,156 (23 Sept 2026), low ₹375.25 (24 Mar 2026).

Previous close
₹915.7
Market cap
₹5.3k Cr
52-week range
₹375.25 – ₹1,156
One year
+110.67%
Price to earnings (TTM to Jun 2026)
49.53×
Return on equity (TTM to Jun 2026)
23.99%

Overview

Symbol
NSE:SBCL
Industry
Industrials
Exchange
NSE
Currency
INR

What Shivalik Bimetal Controls Limited does

Based on the company's own presentations, annual report and earnings calls.

Shivalik Bimetal Controls Limited manufactures precision engineered-materials components — thermostatic bimetals, low-ohmic shunt resistors, silver/Ag-alloy electrical contacts, and newly, bus bar connectors and PCBA assemblies — used for current sensing, thermal protection and electrical switching in electric vehicles, smart meters, switchgear, energy-storage systems and industrial equipment. It is India's only fully integrated manufacturer across this product set, building its own Electron Beam Welding machines in-house and using proprietary diffusion-bonding processes across three manufacturing campuses in Solan, Himachal Pradesh, a joint-venture plant in Indore, Madhya Pradesh, and a newer Pune facility for value-added assemblies. It earns by supplying these components directly to OEMs and Tier-1 suppliers in the automotive, electrical-appliance, switchgear and energy sectors, with roughly half of revenue coming from exports to 38 countries via sales nodes/subsidiaries in the US, EU and Asia.

Segments

  • Shunt Resistors
  • Thermostatic Bimetals
  • Electrical Contacts
  • Bus Bar Connectors & PCBA Assembly
OEM/Tier-1 customer relationships
300+
Export countries served
38
Proprietary bimetal grades
77
Employees
1,000+
Manufacturing plants/campuses
3 plants in Solan, Himachal Pradesh (Plant 1, Plant 2, SEPPL Plant 3), plus a joint-venture plant in Indore, Madhya Pradesh (Innovative Clad Solutions) and a new Pune R&D/assembly facility (est. 2026)
International presence
Wholly-owned subsidiary Shivalik Bimetals Europe SRL in Italy, plus sales nodes in the US, EU and Asia
Founded 1984Headquarters New Delhi, India Company website

How the price took the results

close before → close after

Q1 FY27
+20.0%
7 Aug
Q4 FY26
+5.0%
20 May
Q3 FY26
+7.0%
6 Feb
Q2 FY26
−1.8%
13 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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