Shivalik Bimetal Controls Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Shivalik Bimetal Controls reported consolidated Q1FY27 revenue growth of 33.4% year-on-year to Rs 182.2 crore, with EBITDA up 35.2% to Rs 43.2 crore and PAT up 44.9% to Rs 33 crore. Management attributed part of the growth to a shift from strip sales to higher value-added components in the shunts business, alongside a contribution from higher copper and silver commodity prices. The company also discussed receiving consent to operate for Phase 1 of its Pune facility for cell connecting systems and bus bar assemblies, and outlined expectations for revenue mix across its bimetal, shunts, contacts and new assembly businesses.
Shivalik Bimetal Controls reported FY26 consolidated revenue growth of 12.3% to Rs 570.9 crore, with EBITDA up 26.0% to Rs 130.7 crore and PAT up 24.8% to Rs 95.8 crore, alongside EBITDA margin expansion of around 250 basis points to 22.9%. Management attributed growth to a shift from strip to component sales in shunts, higher silver commodity pricing contributing to contacts division revenue, and recovery from a major US shunt customer. Management also discussed the Pune facility for PCBA and busbar assemblies, smart metering revenue trends, and working capital changes tied to export mix and inventory build-up.