Shivalik Bimetal Controls Ltd

Shivalik Bimetal Controls Ltd

933.70
INR
+0.30
(+0.03%)
18.42EPS
41.28P/E
43.81BMarket Cap
Nov 18Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
14.01
16.53
18.87
20.6
27.45
33.57
32.5
35.37
56.24
81.66
88.35
88.25
99.1
107.05
Basic EPS, GAAP
0.61
0.86
0.58
1.43
2.87
4.27
2.34
4.42
9.57
13.73
14.63
13.38
16.64
18.42
Free Cash Flow per Basic Share
0.85
-2.81
2.35
1.46
-0.34
-0.43
4.69
2.56
-4.64
5.87
8.11
10.81
3.44
- -
Dividend per Share
- -
0.01
- -
0.1
0.34
0.48
0.4
0.2
0.53
0.82
1.39
2.18
3.48
- -
Book Value per Share
9.76
10.57
10.57
11.88
14.41
18.19
20.01
24.22
33.26
46.09
59.28
70.42
83.56
- -
Tangible Book Value per Share
9.73
10.49
10.47
11.76
14.28
18.07
19.87
24.09
33.06
44.89
58.21
69.4
82.59
- -
Basic Weighted Avg Shares
58
58
58
58
58
58
58
58
58
58
58
58
58
58
Sales/Revenue/Turnover
807
952
1,087
1,187
1,581
1,934
1,872
2,037
3,240
4,704
5,089
5,083
5,709
6,165
Operating Margin (%)
10.87
12.8
8.88
12.18
14.45
16.78
8.61
15.28
20.76
20.94
20.79
18.8
20.55
32.8
Depreciation Expense
23
32
43
45
46
48
60
59
64
105
121
118
138
145
Net Income, GAAP
35
49
33
82
165
246
135
255
551
791
843
771
959
1,061
Effective Tax Rate (%)
14.63
41.38
42.25
40.02
27.87
28.52
21.6
25.74
24.81
22.68
24.6
24.98
24.47
24.42
Profit Margin (%)
4.37
5.19
3.06
6.92
10.45
12.73
7.19
12.51
17.01
16.82
16.56
15.16
16.79
17.21
Working Capital
57
75
128
232
375
540
558
671
1,043
1,583
2,125
2,520
3,052
- -
LT Debt
116
90
54
54
74
79
107
89
155
226
124
175
224
- -
Total Equity
562
609
609
684
830
1,048
1,152
1,395
1,916
2,655
3,415
4,057
4,813
- -
Return on Invested Capital (%)
3.94
5.17
3.32
8.64
15.56
17.06
8.79
14.84
23.87
26.71
22.63
17.26
17.51
- -
Return on Capital (%)
5.42
6.28
4.76
9.21
16.49
19.55
10.13
16.8
26.78
28.56
24.46
18.94
19.61
- -
Return on Common Equity (%)
6.48
8.44
5.46
12.71
21.83
26.23
12.23
20.01
33.29
34.61
27.76
20.63
21.61
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
487
- -
LT Borrowings
- -
118
- -
LT Finance Leases
- -
106
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
58
58
58
Market Capitalization
24,753
22,342
43,805

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
4,289
- -
Cash, Cash Equivalents & STI
- -
974
- -
Accounts Receivable, Net
- -
1,555
- -
Inventories
- -
1,530
- -
Total Current Liabilities
- -
1,237
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
487
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.3%
28.4%
18.66%
Free Cash Flow
-186.12%
-100.77%
-68.15%
Net Income, GAAP
52.35%
36.42%
24.4%
Sales/Revenue/Turnover
19.5%
24.92%
12.3%
Total Cash Common Dividend
253.33%
81.76%
59.31%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,260
1,267
1,233
1,324
5,083
2026
1,366
1,374
1,342
1,626
5,709
2027
1,822
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.09
3.41
3.17
3.66
13.38
2026
3.96
4.27
3.88
4.54
16.64
2027
5.73
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2.18
2026
- -
- -
- -
- -
3.48
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kabir Ghumman
Full Time Employees
1,029
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Eros Corporate Tower New Delhi DE India 110019
IPO Date
Jun 18, 1984
Business
Shivalik Bimetal Controls Limited manufactures thermostatic bimetal and trimetal strips, components, shunt resistors, precision stainless steel parts, snap action discs, reflow solder and presoldered strips, electron beam welded materials with multi-gauge and multi-metal strips, spring rolled stainless steels, cold bonded bimetal strips and parts, and electrical contacts; the company specializes in advanced joining methods including diffusion bonding, cladding, electron beam welding, solder reflow, and resistance welding to produce precision components for switchgears, circuit breakers, protective relays, metering devices, automotive applications including electric vehicles and battery management systems, energy storage, power modules, consumer electronics, telecommunications, renewable energy systems, industrial equipment, defense, and domestic appliances. Founded in 1984 and headquartered in New Delhi, India, with its registered office and manufacturing plant in Chambaghat, District Solan, Himachal Pradesh, Shivalik Bimetal Controls operates globally, serving over 275 customers across more than 37 countries, with key markets in India, Europe, the Americas, and Asia; its diversified revenue streams include strong domestic growth from India's smart meter transition and exports supported by relationships with original equipment manufacturers. Recent developments include the Ghumman family increasing its promoter stake from 25.5% to 33.15% in September 2024 alongside the entry of prominent institutional investors such as SBI Mutual Fund, Franklin Templeton Mutual Fund, DSP Mutual Fund, White Oak Capital Mutual Fund, HSBC Mutual Fund, Aditya Birla Mutual Fund, and UTI Mutual Fund through bulk deals totaling over 10 million shares; a Memorandum of Understanding signed with Metalor Technologies International SA, a leading Swiss electrical contacts manufacturer, to enhance the electrical contacts segment as a third growth pillar leveraging expertise in precious metals and advanced materials; approval for acquisition of industrial land and building in Solan, Himachal Pradesh from Kulja in November 2025 to support expansion; and sustained investments in a planned Centre of Excellence for R&D, precision tooling, and pilot prototyping amid record program wins in automotive and industrial segments, with H1 FY26 revenue reaching Rs 274 crore and PAT up 26% year-over-year.