Board of Directors at its meeting held today i.e 18th May, 2026, recommended a final dividend of Rs. 2/- per equity shares.
SBCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shivalik Bimetal Controls Limited's Board has recommended a final dividend of Rs. 2 per equity share (100% on face value), subject to shareholder approval at the AGM. Combined with an interim dividend of Rs. 2 per share already paid during FY25-26, the total annual dividend for the year stands at Rs. 4 per share. For FY26, the company reported standalone revenue of Rs. 46,195 lakhs (up 5.7% YoY) with net profit of Rs. 8,186 lakhs (up 12.8% YoY). On a consolidated basis, revenue grew 12.3% to Rs. 57,086 lakhs and net profit rose 24.4% to Rs. 9,586 lakhs. The Board also noted that the Pune plant launch has been deferred due to pending government approvals for commencement of operations.
The dividend payout demonstrates healthy cash generation and financial stability. The company has delivered strong double-digit profit growth, which is positive for shareholders. The Pune plant delay may have a minor near-term operational impact but should not materially affect current order execution from the Solan facility.