SHIVALIK BIMETAL CONTROLS LTD.

Shivalik Bimetal Controls Limited (SBCL) announced robust financial results for Q2 and H1 FY27. Consolidated revenue increased by 43.9% to ₹197.8 crore in Q2 FY27 and by 38.7% to ₹380.0 crore in H1 FY27. EBITDA saw a significant jump of 61.6% to ₹50.2 crore in Q2 FY27 and 48.5% to ₹93.6 crore in H1 FY27. Consolidated Profit After Tax (PAT) rose by 36.3% to ₹33.5 crore in Q2 FY27 and by 40.4% to ₹66.5 crore in H1 FY27. The company highlighted its strategy to build on proprietary materials and process expertise for integrated components and assemblies, leveraging both domestic and international markets. Management plans to focus on sustaining core profitability, improving cash conversion, and directing capital towards credible customer adoption programs. The company also announced a 100% interim dividend and a proposed 2:1 bonus issue.

Shivalik Bimetal Controls Ltd's Board of Directors has approved a significant bonus issue of equity shares in a 2:1 ratio, meaning two bonus shares for every one held. Additionally, the company declared an interim dividend of 100% (₹2 per equity share) for FY 2026-27, with November 13, 2026, set as the record date. The Board also approved increasing the authorized share capital from ₹15 crore to ₹40 crore and will convene an EGM on December 16, 2026, to seek member approval for the bonus issue and capital alteration. The company also announced the interim appointment of Mr. Sumer Ghumman as CFO and noted the resignation of the Company Secretary. The Board meeting also reviewed the unaudited financial results for Q2 FY27 and noted the restructuring of bank borrowings for its subsidiary.

Shivalik Bimetal Controls Ltd announced a board meeting where they approved an interim dividend of 100% (₹2 per equity share) and a 2:1 bonus share issue. The record date for the dividend is November 13, 2026. The company also approved the Un-Audited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. Additionally, the authorized share capital will be increased, and an EGM is scheduled for December 16, 2026, to approve the bonus issue and capital alteration. The company also addressed interim CFO responsibilities and noted the resignation of the Company Secretary.

Shivalik Bimetal Controls Ltd announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The Board of Directors approved an interim dividend of 100% (₹2 per equity share) and a 2:1 bonus share issue, subject to shareholder approval. The company also plans to increase its authorized share capital and will convene an EGM on December 16, 2026, for these proposals. Additionally, the Board appointed an interim CFO and noted the resignation of the Company Secretary.

Shivalik Bimetal Controls Ltd announced a significant corporate action following its Board of Directors meeting on November 4, 2026. The company declared an interim dividend of 100%, amounting to ₹2 per equity share, with November 13, 2026, set as the record date. Additionally, the Board approved a bonus issue of equity shares in a 2:1 ratio (two bonus shares for every one held), subject to shareholder approval. The company also plans to increase its authorized share capital and convene an EGM on December 16, 2026, to approve these changes. The Board also addressed interim CFO responsibilities and noted the resignation of the Company Secretary. Restructuring of bank borrowing for its subsidiary was also noted.

On a consolidated basis — the primary read — Shivalik Bimetal posted Q2 FY27 revenue of ₹197.79 Cr, up 43.95% YoY and 8.56% QoQ, with net profit of ₹34.75 Cr, up 39.82% YoY and 5.29% QoQ. Both figures run well ahead of management's own FY27 guidance of 20–30% organic revenue growth (ex-commodities) issued last quarter — H1 FY27 consolidated revenue is already up 38.68% YoY. No Q2-specific brokerage estimate could be located; against Trendlyne's FY27 consensus of +21.4% revenue and +22.8% profit growth, the quarter's pace is running materially hotter, which points to likely upward estimate revisions rather than a miss. The margin picture is two-sided. Core operating margin expanded to 25.38% from 22.62% a year ago and 23.86% last quarter, reflecting better absorption of material and employee costs as volumes scaled. But net margin slipped to roughly 17.6% from about 18.1% a year ago, because finance costs jumped 84% YoY to ₹2.11 Cr and depreciation rose 61% YoY to ₹5.41 Cr — both consistent with the ongoing Pune capex (₹28.70 Cr spent on PP&E/CWIP in H1 FY27 consolidated) — while the effective tax rate also ticked up to roughly 25.8% from 24.7%. In other words, the business itself is getting more profitable before financing and depreciation; it is the cost of funding the expansion that is compressing the bottom line. Standalone revenue grew a slower 22.37% YoY to ₹144.91 Cr (PAT +40.80% to ₹29.81 Cr) versus the consolidated 43.95% — a gap of roughly ₹52.9 Cr in revenue that did not show up at the standalone level, pointing to the wholly owned subsidiary (likely housing the bus bar/CCS assembly ramp management guided at ₹30–60 Cr in year one of a ₹300–400 Cr three-year opportunity) as the quarter's real growth engine; the board separately noted restructuring of that subsidiary's bank borrowing facilities, consistent with it needing working-capital headroom for the ramp. Alongside the result, the board declared a 100% (₹2/share) interim dividend and a 2:1 bonus issue, and flagged a leadership transition — a new CFO joins in January 2027 (interim charge with Whole-time Director Sumer Ghumman until then), the Company Secretary resigns effective December 7, 2026, and director Swarnjit Singh passed away on September 1, 2026. Pune Phase 2 is guided to turn operational in October 2026, which should shape the depreciation and finance-cost trajectory into Q3.

Shivalik Bimetal Controls Ltd has announced a board meeting scheduled for November 4, 2026. The primary agenda includes considering a proposal for the declaration and issuance of Bonus Equity Shares, subject to shareholder approval. Additionally, the board will evaluate the declaration of an interim dividend for the Financial Year 2026-27. In light of these potential corporate actions, the trading window for the company's securities will be closed from October 1, 2026, to November 6, 2026, inclusive, in compliance with SEBI regulations.

Shivalik Bimetal Controls Ltd has announced that its Board of Directors will convene on November 4, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter and half-year ended September 30, 2026. The company also confirmed that the trading window, which was closed on September 25, 2026, will remain shut until November 6, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Shivalik Bimetal Controls Ltd has announced the closure of its trading window for dealing in the company's securities. This closure will be effective from Thursday, October 01, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ending September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Shivalik Bimetal Controls Ltd announced that its shareholders, through a special resolution at the Annual General Meeting held on September 02, 2026, have approved amendments to the Articles of Association. This amendment aims to provide greater flexibility for future capital raising initiatives and other corporate actions, including the issuance of various securities like equity shares, convertible securities, and warrants, in compliance with applicable laws. The company facilitated remote e-voting and e-voting at the AGM. The amendments are enabling in nature and do not authorize immediate issuance of securities, which will remain subject to statutory and regulatory approvals.