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Earnings Call

Shivalik Bimetal Controls Earnings Call: Key Takeaways

Shivalik delivered solid FY26 earnings driven by a shift toward high-margin engineered components and assemblies, particularly in smart metering and EV sectors.

Highlights
Revenue growth12.3% YoY consolidated growth driven by smart metering and components.
MarginsEBITDA margin expanded 250bps to 22.9% via higher value-add mix.
Demand visibilityStrong visibility in smart metering and EV-related busbar assemblies.
Management confidenceBalanced and strategic; focused on diversifying product verticals and geography.

Growth

Revenue grew 12.3%, EBITDA 26%, and PAT 24.8%. Growth is high quality, driven by improved realization and product mix.

Outlook

Internal targets aim for 20-30% growth in FY27. Revenue potential of ₹1,300cr from current asset base.

Risks

High customer concentration with a single US client contributing up to 18% of revenue. Reliance on volatile silver commodity prices.

Source

Earnings Call filed with BSE, NSE: SBCL. Summary written with AI assistance from the document.

Read the document ↗

Shivalik Bimetal Controls Ltd: key numbers

Share price
₹1,154.50
Market cap
₹6,650 Cr
Revenue (annual)
₹570.9 Cr
Net profit (annual)
₹95.86 Cr
P/E (TTM)
62.7×Sector 53.6×
Promoter holding
33.61%+0.24% QoQ
FII holding
2.04%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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