Shivalik Bimetal Controls Limited has informed the Exchange about Investor Presentation
SBCL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shivalik Bimetal Controls reported strong FY26 results with consolidated revenue of ₹570.86 crore (up 12.3% YoY) and PAT of ₹95.84 crore (up 24.8% YoY). Standalone revenue grew 5.7% to ₹461.95 crore with EBITDA margin expanding 198 basis points to 24.32%. Gross margin improved significantly by 281 basis points to 49.39% on the standalone basis, driven by better cost control and product mix. The company remains net cash positive with ₹105 crore cash against ₹59 crore debt. Revenue split shows 57% exports and 43% domestic. Segmentally, shunt resistors and thermostatic bimetals each contribute around 40% of revenue, with electrical contacts at 19.4%. The company is setting up a Pune R&D facility for higher-value PCBA and busbar assemblies, targeting forward integration. Working capital days increased to 258 due to higher inventory buildup.
The margin expansion and PAT growth of ~25% demonstrate strong operational efficiency and cost management. The net cash position and improving ROCE of 25.7% indicate a healthy balance sheet. The forward integration strategy through the Pune facility could drive higher value capture going forward. However, the increase in working capital days warrants monitoring.