BSECompany Update4d ago · 6 Aug 2026, 07:13 pm

Press Release dated 06th August, 2026

Shivalik Bimetal Controls Ltd · 513097

✦ AI Summary▲ PositiveResults

Shivalik Bimetal Controls Ltd reports strong Q1 FY27 performance; consolidated revenue up 33%, EBITDA up 35% and PAT up 45%. Standalone EBITDA margin expands 225 bps; Pune Phase-I receives Consent to Operate post quarter-end.

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Earnings Impact9/10
Growth Catalyst8/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10

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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/2026-27/31 06th August, 2026 To, To, BSE Limited National Stock Exchange of India Ltd. Corporate Relationship Deptt. PJ Exchange Plaza, Plot No. C/1, G- Towers, 25th Floor, Dalal Street, Block Bandra Kurla Complex, Bandra Mumbai – 400 001 (East), 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. Thanking you, For Shivalik Bimetal Controls Limited Aarti Sahni Company Secretary M. No: A25690 Encl: As above Shivalik Bimetal Controls reports strong Q1 FY27 performance; consolidated revenue up 33%, EBITDA up 35% and PAT up 45% Standalone EBITDA margin expands 225 bps; Pune Phase-I receives Consent to Operate post quarter-end New Delhi, India, 6th August 2026: The Board of Directors of Shivalik Bimetal Controls Limited (“SBCL” or “the Company”) today announced its financial results for the quarter ended June 30, 2026. SBCL delivered a strong start to FY27, marked by healthy growth, improved profitability and broader consolidated contribution. Consolidated revenue from operations increased 33.4% year-on-year to ₹182.2 crore, while EBITDA grew 35.2% to ₹43.2 crore and PAT increased 44.9% to ₹33.0 crore. Q1 FY27 Financial Highlights (consolidated) ₹ crore unless stated Metric Q1 FY27 Q1 FY26 YoY Q4 FY26 QoQ Revenue from operations 182.2 136.6 +33.4% 162.6 +12.0% Gross profit 79.1 60.9 +29.8% 69.8 +13.3% Gross margin 43.4% 44.6% -119 bps 42.9% +49 bps EBITDA 43.2 32.0 +35.2% 35.5 +21.8% EBITDA margin 23.7% 23.4% +33 bps 21.8% +191 bps PBT 43.8 30.4 +44.2% 34.7 +26.4% PAT 33.0 22.8 +44.9% 26.1 +26.3% PAT margin 18.1% 16.7% +144 bps 16.1% +205 bps • Revenue from operations increased 33.4% year-on-year to ₹182.2 crore, reflecting core standalone growth and higher contribution from subsidiary platforms. • EBITDA increased 35.2% to ₹43.2 crore, with EBITDA margin expanding by approximately 33 basis points to 23.7%. • PBT increased 44.2% to ₹43.8 crore, with PBT margin expanding by approximately 181 basis points to 24.1%. • PAT increased 44.9% to ₹33.0 crore, with PAT margin improving to 18.1%, compared with 16.7% in Q1 FY26. • On a sequential basis, consolidated revenue, EBITDA and PAT increased 12.0%, 21.8% and 26.3%, respectively. Operating & Regional Updates Margin-led core performance and broader consolidated contribution Standalone revenue increased 13.0% to ₹131.8 crore, while EBITDA grew 23.0% to ₹36.3 crore and PAT rose 25.8% to ₹26.4 crore. Gross margin expanded 355 basis points to 51.5%, and EBITDA margin improved 225 basis points to 27.5%. Revenue growth despite a 2.5% decline in volumes, including wastage, reflects stronger realisations and a richer product and customer mix, consistent with SBCL’s shift towards higher-value components and applications. Consolidated growth outpaced standalone performance, supported by stronger subsidiary contribution. As Electrical Contacts carries higher silver-linked content, EBITDA growth and margin resilience remain more meaningful measures of operating quality than reported revenue alone. Key Operational Update: Pune Phase-I receives Consent to Operate Subsequent to the quarter-end, SBCL received Consent to Operate from the Maharashtra Pollution Control Board for Phase I of its Pune manufacturing facility. The approval is valid until June 30, 2032. The facility expands SBCL’s capabilities in value-added components and assemblies for automotive electrification and battery-related applications, including Cell Connecting Systems, busbar connectors and PCBA assemblies. Segment & Geographic Performance • Shunt Resistors: Revenue increased 18.7% to ₹68.2 crore, led by India, Europe and the Americas. • Thermostatic Bimetals: Revenue grew 7.4% to ₹63.6 crore, driven primarily by India. • India: Combined revenue rose 26.4% to ₹60.8 crore, increasing its share of standalone core-product revenue to approximately 46%. • Europe and Americas: Europe grew 21.5%, led by a 72.2% increase in Shunts. Americas revenue rose 4.8%, with 30.0% Shunt growth partly offset by softer Bimetals. • Asia Others: Revenue declined 12.7% to ₹21.3 crore, reflecting softer Shunt demand in select markets. Management Update The Company has received a resignation letter dated August 6, 2026, from Mr. Rajeev Ranjan, Chief Financial Officer, citing personal reasons with effect from the close of business on October 31, 2026. The Company thanks Mr. Ranjan for his contribution during his tenure and will ensure an orderly transition while maintaining continuity across finance, reporting and regulatory responsibilities. Management Commentary Mr. Kabir Ghumman, Managing Director, said: “Q1 FY27 marks a strong start to the year, with consolidated revenue growing 33%, EBITDA 35% and PAT 45%. Standalone EBITDA margin expanded to 27.5%, supported by better realisations, a stronger product mix and disciplined execution. India delivered broad-based growth across both Shunts and Bimetals. Europe and the Americas were led by stronger Shunt performance, with the improvement in the Americas indicating early signs of recovery. Asia remained softer and continues to be an area of management focus. The Consent to Operate for Pune Phase I is an important milestone as we move from project execution towards commercial readiness. Our immediate priorities are to complete customer and process qualifications, establish stable and repeatable production systems, and scale Cell Connecting Systems, busbar connectors and PCBA assemblies in line with customer programme schedules. As we grow, our focus will remain on margin quality, working-capital discipline, cash conversion and selective capital allocation. We would also like to thank Rajeev for his contribution and will ensure an orderly transition within the finance function. We remain committed to building Shivalik into a more integrated and resilient precision components and assemblies platform.” 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 integrated capabilities across precision materials, current-sensing components, switching solutions and value-added assemblies. The Company manufactures thermostatic bimetal / trimetal strips, low-ohmic shunt resistors, electrical contacts, PCBA and busbar assemblies used across electrical, electronics, automotive, industrial, switchgear, smart metering, battery management and energy management applications. Its products serve high-reliability use-cases where accuracy, consistency, thermal control, current sensing and switching performance are critical. Shivalik’s business model is built on proprietary process know-how across Electron Beam Welding, Di:usion Bonding, Cold Bonding and precision strip processing, combined with growing capabilities in integrated components and assemblies. This enables the Company to support OEM and Tier-1 customers with precision materials and components with higher-value solutions that improve customer relevance, deepen wallet share & strengthen long-term revenue visibility. With manufacturing facilities in Chambhaghat and Kather, Solan and Pune, and a skilled team of approximately 1,000 people, Shivalik serves more than 300 customers globally. The Company’s technology base, long-standing customer relationships, application-led product portfolio and disciplined balance sheet position it well to benefit from structural demand across electrification, smart metering, current sensing, switching, energy eQiciency & advanced industrial applications. Company Contact Mr. Rajeev Ranjan – Chief Financial OQicer rranjan@shivalikbimetals.com Investor Relations: Dickenson World Shankhini Saha shivalik@dickensonworld.com