BSECompany Update6d ago · 4 Nov 2026, 02:52 pm
Press Release dated 04th November, 2026
Shivalik Bimetal Controls Ltd · 513097
✦ AI Summary▲ PositiveResults
Shivalik Bimetal Controls Ltd reported a 48.5% rise in consolidated EBITDA and 40.4% increase in PAT for H1 FY27, driven by higher core profitability and broader consolidated growth.
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Shivalik Bimetal Controls Ltd - 513097 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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SBCL/BSE & NSE/2026-27/58 04th November, 2026
To, To,
BSE Limited National Stock Exchange of India Ltd.
Corporate Relationship Deptt. Exchange Plaza, Plot No. C/1, G-Block
PJ Towers, 25th Floor, Dalal Bandra Kurla Complex, Bandra (East),
Street, Mumbai – 400 001 Mumbai – 400 051
Code No. 513097 Code No. SBCL
Sub: Regulation 30: Press Release
Dear Sir/Madam,
Please find attached herewith a copy of the Press Release to be issued by the
Company.
The same is also being uploaded on website of the Company at
www.shivalikbimetals.com.
You are requested to take the above on record and acknowledge receipt.
Thanking you,
For Shivalik Bimetal Controls Limited
Aarti Sahni
Company Secretary
M. No: A25690
Encl: As above
Shivalik Bimetal Controls delivers robust earnings
growth; consolidated EBITDA rises 62% in Q2 FY27
and 48% in H1 FY27
Consolidated PAT rises 36% in Q2 FY27 and 40% in H1 FY27;
New Delhi, India, 4 November 2026: The Board of Directors of Shivalik Bimetal Controls
Limited (“SBCL” or “the Company”) today announced its financial results for the quarter and
half year ended 30 September 2026.
SBCL delivered stronger first-half earnings, combining higher core profitability with broader
consolidated growth. H1 FY27 consolidated revenue increased 38.7% to ₹380.0 crore,
EBITDA grew 48.5% to ₹93.6 crore and PAT increased 40.4% to ₹66.5 crore.
Q2 and H1 FY27 Financial Highlights (consolidated)
₹ crore unless stated
Metric Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY
Revenue from operations 197.8 137.4 +43.9% 380.0 274.0 +38.7%
Gross profit 90.0 64.7 +39.1% 169.1 125.6 +34.6%
Gross margin 45.5% 47.1% -157 bps 44.5% 45.8% -134 bps
EBITDA 50.2 31.1 +61.6% 93.6 63.0 +48.5%
EBITDA margin 25.4% 22.6% +277 bps 24.6% 23.0% +162 bps
PBT 45.6 32.2 +41.7% 89.5 62.6 +43.0%
PAT* 33.5 24.6 +36.3% 66.5 47.4 +40.4%
PAT margin* 17.0% 17.9% -95 bps 17.5% 17.3% +22 bps
Management Commentary
Mr. Kabir Ghumman, Managing Director, said:
“Our first-half performance provides a stronger foundation for Shivalik’s next stage of growth.
Our strategy is to build on proprietary materials and process expertise to supply more integrated
components and assemblies, increasing the value we deliver within customer programmes and
deepening our role in their development and production requirements.
India provides a growing domestic base, complemented by our established customer
relationships across international markets. Our focus is to develop these relationships around a
broader range of applications in current sensing, thermal control and switching, while managing
the different demand cycles across regions.
For the remainder of FY27, execution will centre on sustaining core profitability, improving cash
conversion following the inventory build, and directing capital towards programmes with
credible customer adoption and good returns. Our objective is to continue building a platform
that earns a larger role within customer programmes while generating stronger returns on the
capabilities and capital we deploy. The 100% interim dividend and proposed 2:1 bonus issue
recognise our shareholders’ continued trust and support as we build the foundations for
Shivalik’s next phase of growth.”
Shivalik Bimetal Controls Limited.
Founded in 1984 and headquartered in New Delhi, Shivalik Bimetal Controls Limited is a specialised engineering and advanced
manufacturing company with capabilities across precision materials, current-sensing components, switching solutions and value-
added assemblies.
The Company manufactures thermostatic bimetal and trimetal strips, low-ohmic shunt resistors and electrical contacts, and is
developing integrated components and assemblies, including PCBA and busbar assemblies. Its products serve electrical,
electronics, automotive, industrial, switchgear, smart-metering, battery-management and energy-management applications.
Proprietary process capabilities span Electron Beam Welding, Diffusion Bonding, Cold Bonding and precision strip processing,
supporting a wider range of OEM and Tier-1 customer requirements.
With manufacturing facilities in Chambhaghat and Kather, Solan, and Pune, approximately 1,000 employees and more than
300 customers globally, Shivalik’s established materials and components business provides the technical foundation for its
progression into integrated assemblies.
Investor Relations: Dickenson World
Shankhini Saha
shivalik@dickensonworld.com