Shivalik Bimetal Controls Ltd. Share Price

Shivalik Bimetal: a shunt story at 75 times earnings

Shivalik Bimetal Controls Limited (NSE: SBCL) grew Q1 FY27 consolidated revenue 33.4% to ₹182.2 crore and profit 44.9% to ₹33 crore. The stock is near ₹1,146, up 107% in a year. What happened EBITDA rose 35.2% to ₹43.2 crore, a 23.7% margin. Standalone revenue grew far slower, at 12.95% to ₹131.8 crore. Shunt resistors, at 37% of revenue, grew 18.7% to ₹68.2 crore. Thermostatic bimetals, 35% of revenue, grew only 7.4%. Electrical contacts made up the rest. Exports were 54% of revenue, across 38 countries. The Pune plant reaches full capacity in October. Why it matters Shunts are small precision parts that measure the current in a circuit. Every battery pack, meter and power system needs them, including the gear feeding data centres. That is the link to the AI power story. My view Read one line in the deck carefully. Shunt volumes fell year on year, while shunt revenue rose 18.7%. The gain came from a richer mix and better pricing, not more pieces. Electrical contacts revenue moves with silver and copper prices, so part of the 33% is metal, not demand. Bimetals, still 35% of sales, grew 7.4%. So the fast growing part is barely a third of the business. Management guides 20% to 30% revenue growth for FY27, well below this quarter's 33%. Against that, the stock trades at about 75 times earnings and 14 times book, after gaining 189% in six months. Even on this quarter's run rate it is 50 times. What I am watching Q2 FY27 results in November, shunt volumes rather than shunt revenue, and the Pune ramp up. On the chart, ₹1,215 is the high and ₹900 is the first support. My stance: Do not chase. Fine business, extreme price. Revisit near ₹900. Disclosure: I do not hold a position in Shivalik Bimetal Controls Limited at the time of writing. This is not investment advice.

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🚨 : A High-Moat EV + Smart Metering Play?

🚨 Shivalik Bimetal Controls: A High-Moat EV + Smart Metering Play? Shivalik Bimetal Controls is quietly moving up the value curve — from strip-led products toward higher-value components, assemblies and technology-driven solutions. 📊 FY26 HIGHLIGHTS • Consolidated Revenue: ₹570.9 Cr | +12.3% YoY • EBITDA Margin: 22.9% • EBITDA Growth: +26% YoY • Consolidated PAT: +24.4% YoY • Consolidated ROCE: 25.7% • Cash: ₹105 Cr vs Debt of ~₹59 Cr 🔥 WHAT MAKES THE STORY INTERESTING? The EV transition is a major structural trigger. EVs require roughly 3× the current-sensing shunt content of traditional ICE vehicles, creating a significant opportunity for specialised shunt and bimetal products. India’s ambitious 250 million smart-meter rollout adds another multi-year demand driver. 🌍 CHINA+1 OPPORTUNITY Global OEMs are diversifying supply chains toward India. SBCL’s long customer-qualification cycles — around 24 months — create a meaningful entry barrier and can support customer stickiness and pricing power. 🚀 MOVING UP THE VALUE CURVE Management is increasingly targeting higher-value products such as: → PCB assemblies → Busbar assemblies → Integrated platforms → Advanced shunts & bimetals The Pune assembly platform is targeted at an annual revenue opportunity of around ₹70–80 Cr by FY27.

Neha Gupta SEBI Registered Research Analyst For educational purposes only. Not investment advice. Investors should conduct their own research. #ShivalikBimetal #SBCL #EV #SmartMeters #Electrification #SpecialtyEngineering #IndianStocks #Investing

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🚨 Shivalik Bimetal Controls: Smart Metering Play?

Shivalik Bimetal Controls is quietly moving up the value curve — from strip-led products toward higher-value components, assemblies and technology-driven solutions. 📊 FY26 HIGHLIGHTS • Consolidated Revenue: ₹570.9 Cr | +12.3% YoY • EBITDA Margin: 22.9% • EBITDA Growth: +26% YoY • Consolidated PAT: +24.4% YoY • Consolidated ROCE: 25.7% • Cash: ₹105 Cr vs Debt of ~₹59 Cr 🌍 CHINA+1 OPPORTUNITY Global OEMs are diversifying supply chains toward India. 🚀 MOVING UP THE VALUE CURVE Management is increasingly targeting higher-value products such as:

→ PCB assemblies → Busbar assemblies → Integrated platforms → Advanced shunts & bimetals The Pune assembly platform is targeted at an annual revenue opportunity of around ₹70–80 Cr by FY27. 💰 CAPITAL EFFICIENCY One of the strongest points is the existing asset base. 📈 SUBSIDIARY + JV MOMENTUM Shivalik Engineered Products delivered: +54.9% turnover growth +193.9% PAT growth Innovative Clad Solutions nearly doubled turnover to around ₹302 Cr, with PAT of approximately ₹21 Cr. ⚠️ KEY RISKS TO WATCH • EV demand cycles, especially North America • Related-party purchases at 9.36% of total purchases • Corporate guarantees to the JV of around ₹27.87 Cr • Execution of higher-value assembly products • Customer concentration & long qualification cycles 🧾 GOVERNANCE CHECK The company maintains a strong governance framework: ✅ 6 Independent Directors out of 10 ✅ Chairman & MD roles separated ✅ Clean statutory & secretarial audit opinions ✅ No reported frauds ✅ No major regulatory penalties reported Management remuneration also deserves attention, although the increase remained below the average employee salary increase. EV shunt content 3× higher ⚡ 250M smart meters 🇮🇳 25.7% ROCE 📈 ₹1,300 Cr+ potential revenue capacity 🚀 Strong balance sheet 💰 Neha Gupta SEBI Registered Research Analyst For educational purposes only. Not investment advice. Investors should conduct their own research.

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Shivalik Bimetal Controls: From Precision Materials to a High-Value Electrification Play? ⚡

Shivalik Bimetal Controls: From Precision Materials to a High-Value Electrification Play? ⚡ By Neha Gupta | SEBI Registered Research Analyst

FY26 was a record year for Shivalik Bimetal Controls (SBCL) — but the bigger story may be the company’s strategic shift from supplying precision materials to becoming a solutions-led component & assembly player. 📈 Record FY26 Performance • Revenue: ₹570.9 Cr | +12.3% YoY • PAT: ₹95.8 Cr | +24.8% YoY • EBITDA growth: ~26% • ROCE: 25.7% • Net-cash balance sheet 25.7% ROCE + Net Cash + Strong Cash Generation + Operating Leverage + Smart Metering + EV + Grid Electrification creates an interesting long-term structural story. The key question now is not whether the company can grow — but how efficiently it can scale its higher-value assembly businesses while protecting margins. Disclaimer: Educational & informational purposes only. Not investment advice or a recommendation to buy, sell or hold any security. Please conduct your own research or consult a SEBI-registered investment adviser. #ShivalikBimetal #SBCL #EV #SmartMeters #Electrification #Manufacturing #IndianStocks #StockMarketIndia #FundamentalAnalysis #Investing #NehaGupta

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🚀 50 Stocks With Strong Q1 FY27 Concall Commentary 📊🔥

🚀 50 Stocks With Strong Q1 FY27 Concall Commentary 📊🔥 !SGMART

🔹 #SGMART — 🚀 118% EBITDA growth outlook; ₹300 Cr EBITDA target for FY27 🔹 #SENORES — 💊 Targeting 30–40% revenue growth and 50–60% PAT growth in FY27 🔹 #SAKAR — 🧬 25% revenue CAGR with 50%+ PAT growth; oncology business ramp-up is a key catalyst 🔹 #SGFIN — 💰 Targeting 43% PAT growth and ₹225 Cr PAT in FY27 🔹 #SHADOWFAX — 🚚 FY27 revenue growth guidance upgraded sharply to 38–40% 🔹 #NEOGEN — 🔋 ~40% revenue growth expected, supported by battery-chemical expansion 🔹 #HFCL — 🌐 FY27 revenue growth guidance doubled to 40% from 20% 🔹 #SAHASRA — ⚡ Targeting 100% revenue growth and ₹275–300 Cr revenue in FY27 🔹 #SANGAMIND — 📈 Management targeting 100% PAT growth in FY27 🔹 #JSFB — 🏦 80%+ PAT growth outlook, with strong loan and deposit growth targets 🔹 #MOTILALOFS — 🏠 Housing finance AUM expected to grow 20%+ annually over the next 2–3 years 🔹 #BORORENEW — ☀️ Targeting 60% revenue & EBITDA growth; 600 TPD capacity expansion planned 🔹 #MBAPL — 🌾 >50% revenue growth expected in FY27, led by the Dhule SSP ramp-up 🔹 #ATLANTAELE — ⚡ Management sees ~40% revenue CAGR over the next 3 years 🔹 #NETWEB — 🖥️ 35–40% revenue growth outlook with healthy margin expectations 🔹 #SYRMA — 🔌 30–35%+ growth opportunity with strong FY27 targets 🔹 #JUBLINGREA — 🧪 32–40% EBITDA growth target; ₹750–800 Cr EBITDA outlook 🔹 #KRISHANA — 🌱 30–35% revenue growth guidance for FY27 🔹 #ARSSBL — 📊 30–35% PAT growth expected in FY27 🔹 #CGCL — 💰 30%+ AUM CAGR targeted through FY28 🔹 #SOBHA — 🏗️ 30%+ pre-sales growth target for FY27 🔹 #SURYODAY — 🏦 30% deposit growth with a major expansion in customer base 🔹 #HSCL — 🔥 PAT targeted to more than double from ₹555 Cr in FY25 to ₹1,100+ Cr by FY28 🔹 #TATVA — 🧪 25–30% revenue growth guidance for FY27 🔹 #SMARTWORKS — 🏢 28–30% revenue growth expected in FY27 !TATVAT 🔹 #GREENPLY — 🪵 MDF volumes expected to grow 25–30% !HSCL

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