Shivalik Rasayan 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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Janmashtami Special 🦚 | , Stock Market Ki Strategy

Janmashtami Special! 🦚📈 Bhagwan Krishna se ek important lesson milta hai — focus, patience aur discipline. Stock market mein bhi successful investing ke liye यही तीन चीजें बेहद जरूरी हैं। Is special reel mein dekhiye Stock to Watch: BEL (Bharat Electronics Ltd.) aur samjhiye kaise disciplined approach ke saath market opportunities ko analyse kiya ja sakta hai. 🔹 Stock: BEL

🔹 Theme: Stock Market + Swing Trading 🔹 Focus: Research • Strategy • Discipline 🔹 Presented by: Neha Gupta – SEBI Registered Research Analyst 🔹 Brand: Wealth Magnet 🦚 Bhakti Mein Vishwas, Trading Mein Discipline. 📈 ⚠️ Disclaimer: This content is for educational/informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Please conduct your own research and assess your risk before 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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Sayaji Hotels Faces Partial FSSAI License Suspension

JI HOTELS: Sayaji Hotels Ltd. has disclosed that the Food Safety and Standards Authority of India (FSSAI) issued an order on August 21, 2026, directing the partial suspension of the FSSAI licence for the company’s Sayaji Hotel-Indore unit following an inspection. The regulatory action is related to the findings observed during the inspection and represents an important compliance-related development for the company. The partial suspension specifically concerns the Indore unit and could have implications for the operations or services covered under the suspended portion of the licence, depending on the scope of the order. Market participants may monitor further company disclosures for details regarding the inspection findings, the areas affected by the partial suspension, and any corrective measures or responses undertaken by the hotel. The company’s subsequent actions and communication with the food safety authorities may provide further clarity on the matter and its potential operational impact. This update is shared for informational and market-awareness purposes only and should not be considered investment advice, research analysis or a recommendation to buy or sell any security.

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