| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 136.60 | 3.1% |
| Total Income | 138.76 | 2.2% |
| Expenditure | 108.93 | 0.8% |
| PBT | 29.83 | 7.5% |
| Net Profit | 22.78 | 8.2% |
| OPM | 23.39% | 1.87pp |
| NPM | 16.42% | 0.92pp |
| EPS | 3.96 | 8.2% |
Shivalik Bimetal Reports 452 bps EBITDA Margin Expansion in Q1FY26; EBITDA Up 32.5%, PBT Up ~30% YoY
13 Aug 2025 · 13 Aug 2025, 06:23 pm
Summary
Shivalik Bimetal Controls Ltd. (SBCL) announced its unaudited financial results for the quarter ended June 30, 2025. The Company delivered strong profitability growth in Q1FY26, underpinned by improved product mix, disciplined cost management, and resilient demand across both domestic and export markets.
Key Highlights
- 1
Standalone EBITDA increased by 32.54% to ₹29.48 Crore from ₹22.24 Crore in Q1 FY25.
- 2
EBITDA margin expanded by 452 basis points to 25.26%.
- 3
Profit Before Tax (PBT) also saw a 29.20% YoY increase to ₹28.10 Crore in Q1 FY26.
- 4
PBT margin expanded by 379 basis points to 24.08%.
- 5
Standalone revenue from operations grew by 8.84% YoY to ₹116.70 Crore in Q1 FY26.
- 6
Shunt Segment's revenue increased by 9.56% YoY to ₹57.48 Crore, and the Bimetal segment grew by 8.17% YoY to ₹59.22 Crore.
- 7
Shunt Resistors now contribute approximately 49% of the total standalone revenue.
- 8
For FY25, Shivalik Bimetal Controls Ltd.'s standalone Return on Capital Employed (ROCE) was 24.65%.
- 9
The Company's operations generated cash flow exceeding capital expenditure in FY25, contributing to a net-cash position of ₹77 Cr and a zero-debt position.
- 10
Working capital efficiency also improved in Q1 FY26, with inventory days declining by 20 days to 177 and net working capital days by 29 days to 212.
Management Comments
Mr. Kabir Ghumman
Managing Director
Our focus for Q1FY26 has been on translating capability into tangible outcomes, advancing assembly-level solutions backed by in-house R&D, precision tooling, and pilot prototyping, while sharpening cost discipline & working capital efficiency. Recovery in thermostatic bimetals, strong domestic shunt growth from smart metering and EV demand, and record program wins across automotive and industrial customers, underscore our execution momentum as we move ahead into FY26. With a net cash position of 77 crore, a RoCE of 24.65%, and an asset-light model capable of supporting over ₹1,300 crore in revenue, we are well placed to monetise latent EBW capacity, deepen forward integration, and accelerate product innovation through our planned ‘Centre of Excellence’, building Shivalik into a trusted global solutions partner for the electrical and electronics industry.
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