Announced Mon, 18 May · 18:26 IST

Shivalik Bimetal Controls Limited has informed the Exchange regarding a press release dated May 18, 2026

SBCL · price

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Price reaction · full curve 14 horizons · vs prior close
+10.2%1-day move
₹601.75
prior close
₹619.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.3+2.0+2.8+2.1+10.2+14.0+12.4+16.7+24.8+22.3+18.7+25.3+24.3
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AI summary

Shivalik Bimetal Controls reported strong FY26 results with consolidated revenue up 12.3% to ₹570.9 crore. EBITDA grew 26% to ₹130.7 crore with margin expanding 250 bps to 22.9%, while PAT rose 24.8% to ₹95.8 crore. Q4 FY26 was particularly strong with revenue up 22.8% YoY to ₹162.7 crore. The company saw margin-led growth driven by improved product mix toward higher-value components, better realisations, and operating leverage. India contributed approximately ₹200.2 crore, Europe grew 33.3% to ₹79.4 crore, while Americas declined 16%. Shunt Resistors revenue grew 8.6% to ₹230.7 crore and Thermostatic Bimetals grew 2.9% to ₹231.3 crore. The Electrical Contacts subsidiary grew over 54%. The company is transitioning from strip-led supply to component and assembly-led business, supported by the Pune facility focused on PCBA and busbar assemblies for automotive and electrification applications.

Likely market impact

Strong margin expansion and profitability growth well ahead of revenue indicates improving earnings quality and operational efficiency. The component-led strategy and Pune assembly platform should support continued margin improvement and deeper OEM/Tier-1 customer relationships going into FY27.