Press Release dated May 18, 2026
SBCL · price
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Shivalik Bimetal Controls delivered a strong FY26 with consolidated revenue of ₹570.9 crore (up 12.3% YoY), EBITDA of ₹130.7 crore (up 26% YoY), and PAT of ₹95.8 crore (up 24.8% YoY). The company achieved 250 bps EBITDA margin expansion to 22.9%, driven by improved product mix towards higher-value components, better realisations, and operating leverage. Q4 revenue grew 22.8% YoY to ₹162.7 crore. Geographically, Europe showed strong traction with combined Shunt and Bimetal revenue growing 33.3% YoY, while India contributed approximately ₹200.2 crore. The Americas remained soft but management expects improvement in FY27 as strip business converts to component-led supply.
Strong margin-led growth with profitability expanding faster than revenue signals operational efficiency gains and favourable product mix shift. The focus on PCBA and busbar assemblies at the Pune facility positions the company for deeper OEM/Tier-1 engagement, potentially supporting sustained margin quality into FY27.