Shivalik Bimetal Controls Limited has informed the Exchange about Transcript
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Shivalik Bimetal Controls reported 9% YoY revenue growth for Q3 and 9M FY26, with EBITDA margin expanding over 400 basis points YoY to above 24%. Management announced a board-approved new facility in Pune for automotive bus bars, connectors, and assembly business, with a ₹20 crore capex funded internally and phased capacity addition starting Q1 FY27. They disclosed a multi-year revenue pipeline of ₹250-300 crore over 3 years from this new business, starting with ₹70-75 crore in FY27. The board declared an interim dividend of ₹2 per share. Management guided that overall EBITDA margins will sustain in the 23-25% range going forward. They noted that US tariff disruptions actually accelerated a favorable shift from strip exports to higher-value component supplies, and expect Vishay business to recover to peak levels in FY27.
Positive for shareholders — strong margin expansion (400 bps YoY), a new high-growth assembly vertical targeting India's EV two-wheeler market, and a clear multi-year revenue runway of ₹250-300 crore. The interim dividend and confirmation of margin sustainability at 23-25% provide earnings visibility, though the new assembly business carries lower percentage margins that could moderate the mix.