Board of Directors at its meeting held today i.e 18th May, 2026, recommended a final dividend of Rs. 2/-per equity share.
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Shivalik Bimetal Controls Ltd's board has recommended a final dividend of Rs. 2 per equity share (100% on face value of Rs. 2) for FY26, subject to shareholder approval at the AGM. This is in addition to an interim dividend of Rs. 2 already paid during the year, making the total dividend Rs. 4 per share. For FY26, the company reported consolidated revenue of Rs. 57,086.07 lakhs (up 12.3% YoY) and net profit of Rs. 9,585.85 lakhs (up 24.4% YoY), with EPS of Rs. 16.64. The company also announced deferral of its Pune plant launch from April 2026 due to pending government approvals, appointment of a new factory manager, and filed for promoter reclassification. Cash flow from operations stood at Rs. 8,514.96 lakhs.
The company demonstrated strong profitability growth with net profit up 24% YoY, supporting an increased total dividend of Rs. 4 per share. The Pune plant delay could impact future revenue growth prospects.