Shivalik Bimetal Controls Ltd.

BSE: SBCL513097ISIN INE386D01027

Industrials
Iron & Steel Products
BSE 1000

Share price

₹1,072.50+14.55 (+1.38%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,214.95
52W low: ₹369.45
Off 52W high: -11.72%
1M return: -0.34%
3M return: +38.66%
6M return: +77.51%
1Y return: +130.55%
20D avg volume: 22,687
50 DMA: ₹1,064.02
200 DMA: ₹727.75

Key ratios Consolidated

Market cap: ₹6,178 Cr
Current price: ₹1,072.50
52W high / low: ₹1,214.95 / ₹369.45
Face value: ₹2.00
P/E: 58.24
P/B: 11.52
EPS (TTM): ₹18.42
Book value / share: ₹93.11
ROE: —
ROCE: 25.00%
Operating margin: —
Net margin: —
Debt / equity: 0.12
Net debt: ₹52.41 Cr
Interest cover: 27.35
Dividend yield: 0.37%
Dividend / share (TTM): ₹4.00
Payout: 21.72%
Cash conversion cycle: 161.6 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	197.79	182.20	162.63	134.23	137.40	136.60	132.44	123.28	126.65	125.98	127.76	126.21
	2.97	3.34	3.41	3.10	3.60	2.17	3.39	3.50	3.10	2.86	13.98	1.37
	200.76	185.54	166.04	137.33	141.00	138.76	135.82	126.78	129.75	128.84	141.74	127.58
	155.10	144.24	132.02	106.86	110.83	108.93	108.08	102.59	103.37	106.11	110.22	105.40
	131.78	129.71	95.46	77.95	72.69	78.73	70.30	72.32	71.74	75.21	81.45	76.67
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	16.32	15.22	14.36	15.35	14.63	13.48	12.87	12.76	12.10	11.94	11.86	10.50
	2.11	1.30	1.20	1.33	1.14	1.02	1.07	0.86	0.82	0.99	1.14	1.27
	5.41	3.96	3.65	3.53	3.36	3.27	3.07	3.00	2.87	2.84	3.10	3.10
	23.47	20.64	19.95	15.13	18.98	15.48	15.63	16.40	16.33	17.29	20.62	18.68
	45.66	41.30	34.02	30.47	30.17	29.83	27.74	24.19	26.38	22.73	31.52	22.18
	0.00	0.26	0.00	-0.92	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	45.66	41.56	34.02	29.55	30.17	29.83	27.74	24.19	26.38	22.73	31.52	22.18
	12.05	10.83	8.53	7.34	7.58	7.61	7.23	6.10	6.63	5.70	7.71	6.03
	34.75	33.01	26.05	22.18	24.85	22.78	21.05	18.24	19.94	17.82	25.68	16.96
	5.82	5.73	4.54	3.88	4.27	3.96	3.66	3.17	3.41	3.09	4.46	2.94
Key metrics
	53.18	46.82	38.87	34.41	34.67	34.12	31.88	28.05	30.07	26.56	35.76	26.55
	26.90%	25.70%	23.90%	25.60%	25.20%	25.00%	24.10%	22.80%	23.70%	21.10%	28.00%	21.00%
	17.60%	18.10%	16.00%	16.50%	18.10%	16.70%	15.90%	14.80%	15.70%	14.10%	20.10%	13.40%
	8.30%	—	6.90%	—	6.80%	—	6.80%	—	—	—	—	—
	44.00%	33.40%	22.80%	8.90%	8.50%	8.40%	3.70%	-2.30%	—	—	—	—
	39.80%	44.90%	23.80%	21.60%	24.60%	27.80%	-18.00%	7.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	676.85	570.86	508.35	508.93	470.37	323.99
	12.82	12.27	12.84	19.12	9.92	5.45
	689.67	583.13	521.19	528.05	480.30	329.43
	538.22	458.65	420.16	419.62	379.01	259.65
	434.90	324.83	289.58	297.24	262.62	172.06
	0.00	0.00	0.00	—	—	—
	61.25	54.16	49.67	42.74	38.10	27.11
	5.94	4.69	3.75	4.93	7.04	2.76
	16.55	13.82	11.78	12.05	10.55	6.38
	79.19	73.20	65.66	77.09	78.16	62.33
	151.45	124.49	101.04	108.43	101.28	69.79
	-0.66	-0.92	0.00	0.00	0.00	0.00
	150.79	123.56	101.04	108.43	101.28	69.79
	38.75	31.06	25.66	27.49	23.20	18.19
	115.99	95.86	77.06	84.27	79.10	55.11
	19.97	16.64	13.34	14.59	13.66	14.37
Key metrics
	173.28	142.07	116.57	125.41	118.87	78.93
	25.60%	24.90%	22.90%	24.60%	25.30%	24.40%
	17.14%	16.80%	15.20%	16.60%	16.80%	17.00%
	—	25.00%	24.60%	—	—	—
	27.78%	12.30%	-0.10%	8.20%	45.20%	—
	33.44%	24.40%	-8.60%	6.50%	43.50%	—
	—	20.31	63.45	—	—	—
	—	0.57	1.21	—	—	—
	—	0.12	0.08	—	—	—
	—	52.41	11.67	—	—	—
	—	161.6	146.6	—	—	—
Balance sheet
	—	635.98	507.92	—	—	—
	—	428.88	329.39	—	—	—
	—	6.98	20.93	—	—	—
	—	155.55	111.49	—	—	—
	—	153.03	131.23	—	—	—
	—	14.92	3.71	—	—	—
	—	143.07	129.46	—	—	—
	—	55.88	38.51	—	—	—
	—	123.72	82.13	—	—	—
	—	59.39	32.60	—	—	—
	—	47.57	28.59	—	—	—
	—	11.82	4.01	—	—	—
	—	481.35	405.66	—	—	—
Cash flow
	—	54.89	93.59	—	—	—
	—	-68.41	-57.53	—	—	—
	—	-0.42	-26.34	—	—	—
	—	34.58	30.14	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	144.91	131.81	116.71	110.13	118.42	116.70	114.22	106.22	109.56	107.22	111.77	112.17
	3.15	3.19	4.18	2.98	3.72	2.13	3.27	3.36	3.10	2.65	15.36	1.38
	148.06	135.00	120.89	113.11	122.14	118.83	117.50	109.57	112.65	109.86	127.13	113.55
	107.53	99.81	93.46	86.56	93.83	90.72	91.11	86.13	86.88	88.11	94.03	91.69
	86.94	85.20	59.48	60.67	59.30	64.47	57.82	59.55	55.45	59.79	68.23	64.72
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	13.78	12.79	12.14	12.97	12.29	11.23	10.87	10.84	10.62	10.47	10.94	9.39
	1.53	0.92	0.94	0.94	0.76	0.76	0.79	0.66	0.68	0.78	1.00	1.12
	4.35	3.36	3.09	2.91	2.85	2.75	2.56	2.51	2.38	2.35	2.61	2.62
	21.51	18.79	18.31	15.12	18.51	15.22	15.40	15.83	15.50	16.37	19.79	17.94
	40.53	35.19	27.43	26.55	28.31	28.10	26.39	23.45	25.77	21.75	33.10	21.85
	0.00	0.26	0.00	-0.79	0.00	0.00	0.00	—	—	—	—	—
	40.53	35.44	27.43	25.76	28.31	28.10	26.39	23.45	25.77	21.75	33.10	21.85
	10.73	9.04	7.05	6.42	7.14	7.13	6.88	5.92	6.52	5.45	7.80	5.93
	29.81	26.40	20.38	19.34	21.17	20.97	19.52	17.52	19.25	16.30	25.30	15.92
	4.98	4.58	3.55	3.38	3.63	3.64	3.41	3.04	3.29	2.83	4.40	2.76
Key metrics
	46.41	39.72	31.46	29.61	31.92	31.61	29.74	26.62	28.83	24.88	36.71	25.59
	32.00%	30.10%	27.00%	26.90%	27.00%	27.10%	26.00%	25.10%	26.30%	23.20%	32.80%	22.80%
	20.60%	20.00%	17.50%	17.60%	17.90%	18.00%	17.10%	16.50%	17.60%	15.20%	22.60%	14.20%
	8.10%	—	6.10%	—	6.70%	—	6.80%	—	—	—	—	—
	22.40%	12.90%	2.20%	3.70%	8.10%	8.80%	2.20%	-5.30%	—	—	—	—
	40.80%	25.90%	4.40%	10.40%	10.00%	28.70%	-22.80%	10.10%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	503.56	461.95	437.21	449.40	420.23	323.99
	13.50	13.01	12.38	20.39	7.93	5.45
	517.06	474.97	449.59	469.80	428.16	329.43
	387.36	364.58	352.23	361.51	330.57	259.65
	292.29	243.92	232.60	247.58	224.06	172.06
	0.00	0.00	0.00	—	—	—
	51.68	45.90	42.81	38.41	33.95	27.11
	4.33	3.40	2.91	4.37	6.64	2.76
	13.71	11.60	9.81	10.11	8.47	6.38
	73.73	69.88	63.11	73.97	75.52	62.33
	129.70	110.39	97.36	108.29	97.59	69.79
	-0.53	-0.79	0.00	—	—	—
	129.16	109.60	97.36	108.29	97.59	69.79
	33.24	27.74	24.76	27.15	24.56	17.81
	95.93	81.86	72.60	81.13	73.03	51.98
	16.49	14.20	12.57	14.06	12.61	13.55
Key metrics
	147.20	124.60	110.08	122.77	112.70	78.93
	29.23%	27.00%	25.20%	27.30%	26.80%	24.40%
	19.05%	17.70%	16.60%	18.10%	17.40%	16.00%
	—	24.20%	25.00%	—	—	—
	10.54%	5.70%	-2.70%	6.90%	29.70%	—
	21.15%	12.80%	-10.50%	11.10%	40.50%	—
	—	34.23	67.15	—	—	—
	—	0.63	1.28	—	—	—
	—	0.07	0.04	—	—	—
	—	22.85	-4.22	—	—	—
	—	173.5	152.1	—	—	—
Balance sheet
	—	538.30	461.47	—	—	—
	—	365.69	299.05	—	—	—
	—	6.50	19.37	—	—	—
	—	116.06	96.91	—	—	—
	—	130.44	117.86	—	—	—
	—	14.72	3.61	—	—	—
	—	132.47	120.02	—	—	—
	—	26.91	32.55	—	—	—
	—	72.04	59.99	—	—	—
	—	29.35	15.15	—	—	—
	—	29.35	15.15	—	—	—
	—	0.00	0.00	—	—	—
	—	449.31	387.67	—	—	—
Cash flow
	—	51.70	92.60	—	—	—
	—	-54.02	-51.81	—	—	—
	—	-10.55	-31.84	—	—	—
	—	17.47	25.45	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.21%
Sales CAGR 5Y: —
Profit CAGR 3Y: +3.88%
Profit CAGR 5Y: —
Sales YoY (TTM): +10.54%
Profit YoY (TTM): +21.15%

Consolidated

Sales CAGR 3Y: +6.67%
Sales CAGR 5Y: —
Profit CAGR 3Y: +6.62%
Profit CAGR 5Y: —
Sales YoY (TTM): +27.78%
Profit YoY (TTM): +33.44%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 33.61%

Quarter	September 2026	June 2026
Promoter %	33.61%	33.61%

Holder	Type	Holding	Previous	Change
O D FINANCE AND INVESTMENT PRIVATE LIMITED	Promoter	15.73%	15.73%	0.00%
NARINDER SINGH GHUMMAN	Promoter	7.80%	7.80%	0.00%
KABIR GHUMMAN	Promoter	3.79%	3.79%	0.00%
SUMER GHUMMAN	Promoter	3.78%	3.78%	0.00%
ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA BIRLA SUN LIFE SMALL CAP FUND	Public	3.75%	—	—
TEJINDERJEET KAUR GHUMMAN	Promoter	1.60%	1.60%	0.00%
MAHENDRABHAI CHANDULAL DHARU HUF	Public	1.28%	1.36%	-0.08%
PERSISTENCE CAPITAL FUND I	Public	1.27%	1.11%	+0.16%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	1.22%	1.24%	-0.02%
PREMILABEN MAHENDRAKUMAR DHARU	Public	1.16%	1.21%	-0.05%
NIVESHAAY HEDGEHOGS FUND	Public	1.07%	—	—
LINCOLN P COELHO	Public	1.04%	1.04%	0.00%
DHEERAJ KUMAR LOHIA	Public	1.01%	1.01%	0.00%
HSBC MUTUAL FUND - HSBC AGGRESSIVE HYBRID FUND	Public	1.00%	1.00%	0.00%
AJAY KUMAR AGGARWAL	Public	1.00%	—	—

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—

Filings & corporate actions

Recent announcements

Recording of earnings call of Q2 FY274 Nov 2026 · Company Update / Analyst / Investor Meet
Investor Presentation - Q2 FY20274 Nov 2026 · Company Update / Investor Presentation
Press Release dated 04th November, 20264 Nov 2026 · Company Update / Press Release / Media Release
The Board at its meeting held on November 04, 2026 have considered and approved Bonus issue at the ratio of 2:1 i.e Two equity shares for every one equity shares held.4 Nov 2026 · Corp. Action / Bonus
Record date Intimation4 Nov 2026 · Corp. Action / Record Date
Unaudited standalone and Consolidated Financial Results for the quarter and half year ended September 30, 20264 Nov 2026 · Result / Financial Results
Corporate Action - Declaration of Interim Dividend @100% i.e Rs. 2/- per equity shares4 Nov 2026 · Corp. Action / Dividend
Outcome of Board meeting dated 04th November, 20264 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Earnings Call invitation - Q2 and FY 202731 Oct 2026 · Company Update / Analyst / Investor Meet
Intimation of Earnings Call invitation - Q2 and FY 202731 Oct 2026 · Company Update / Analyst / Investor Meet
Shivalik Bimetal Controls Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Update on board meeting ....30 Oct 2026 · Board Meeting / Board Meeting
Shivalik Bimetal Controls Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve Unaudited standalone ....28 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 201815 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for Closure of Trading Window25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Resignation of Company Secretary & Compliance Officer7 Sep 2026 · Company Update / Resignation of Company Secretary / Compliance Officer
Submission of e-voting results and scrutinizer''s report for the 42nd AGM3 Sep 2026 · AGM/EGM / AGM
Reg 30: Intimation under approval of amendment in Article of Association2 Sep 2026 · Company Update / Amendments to Memorandum & Articles of Association
Announcement under Reg 30 - Appointment of Statutory Auditors and Retire by Rotation2 Sep 2026 · Company Update / Change in Management
Proceedings of 42nd Annual General Meeting dated September 2, 20262 Sep 2026 · AGM/EGM / AGM
Intimation under Regulation-30 w.r.t Demise of Non- Executive Independent Director Mr. Swarnjit Singh1 Sep 2026 · Company Update / Demise
Reporting of violation of code of conduct under SEBI (PIT), Regulation 20151 Sep 2026 · Company Update / Code of Conduct under SEBI (PIT) Regulations, 2015
Receipt of No objection Certificate from Stock Exchange''s on Promoter Reclassification Application31 Aug 2026 · Company Update / General
Announcement under Regulation 30 - Update on Pune facility (Phase -II)24 Aug 2026 · Company Update / General
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 for Granting of loan to Wholly Owned Subsidiary21 Aug 2026 · Company Update / Memorandum of Understanding /Agreements
Transcript of Earnings call Q1 FY 2026-2713 Aug 2026 · Company Update / Earnings Call Transcript
Newspaper Publication of Notice of 42nd Annual General Meeting of the Company.12 Aug 2026 · Company Update / Newspaper Publication
Dispatch of letter to Shareholders having link and QR code to access the Notice of 42nd AGM and Annual Report for the FY 2025-2612 Aug 2026 · Company Update / General
Shivalik Bimetal Controls Limited has informed the Exchange that the record date for the purpose of Final Dividend is Wednesday, August 26, 2026.11 Aug 2026 · Corp. Action / Record Date
Business Responsibility and Sustainability Reporting for the FY 2025-2611 Aug 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 42nd Annual General Meeting11 Aug 2026 · AGM/EGM / AGM
Annual Report FY 2025-2611 Aug 2026 · Others / Reg. 34 (1) Annual Report
Newspaper Publication - 42nd Annual General Meeting to be held through VC/OAVM8 Aug 2026 · Company Update / Newspaper Publication
Recording of earnings call of Q1 FY277 Aug 2026 · Company Update / Analyst / Investor Meet
Appointment of M/s Walker Chandiok & Co LLP as statutory Auditor of the Shivalik Engineered Products Pvt. Ltd. and Shivalik Bimetal Engineers Pvt. Ltd.7 Aug 2026 · Company Update / General
Investor Presentation - Q1 FY277 Aug 2026 · Company Update / Investor Presentation
Quarterly Results - Newspaper Publication7 Aug 2026 · Company Update / Newspaper Publication
Press Release dated 06th August, 20266 Aug 2026 · Company Update / Press Release / Media Release
Resignation of Chief Financial Officer6 Aug 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Intimation under Regulation 30 - Resignation of Statutory Auditors in Shivalik Engineered Products Private Limited and Shivalik Bimetal Engineers Private Limited6 Aug 2026 · Company Update / General
Approval of Board of Directors w.r.t Alteration of Articles of Association, subject to approval of the shareholders6 Aug 2026 · Company Update / Amendments to Memorandum & Articles of Association

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.0000	25 Aug 2026	26 Aug 2026	—
Interim Dividend - Rs. - 2.0000	13 Feb 2026	13 Feb 2026	—
Final Dividend - Rs. - 1.5000	8 Sep 2025	9 Sep 2025	—
Interim Dividend - Rs. - 1.2000	20 Feb 2025	20 Feb 2025	—
Final Dividend - Rs. - 1.0000	19 Sep 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
6 Aug 2026 Board Meeting - Financial Results