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Prices as of 9 Oct 2026 close · Not investment advice

Shivalik Bimetal Controls Limited

NSE: SBCLIron & Steel ProductsASM stage 1

Share price

₹1,041.60

-0.86% close of 9 Oct 2026

Market cap ₹6,250 CrP/E 58.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

57

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹6,250 Cr

P/E ratio

58.6

P/B ratio

12.5

ROCE

26.6%

ROE

21.8%

Dividend yield

0.4%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1,156.0052-week low ₹375.25

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 18.8% over the past year, and 21.8% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales held steady, near 23.0% over the last four years.

Whether it grew faster than its sector

It grew 21.8% a year against a sector median of 10.6% — 11.1 percentage points faster.

Room to re-rate, or risk of de-rating

At 58.6× earnings it costs 2.4× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 30.2×, across 5 companies. It is against its own five-year median of 40.5×, the 94th percentile of its own range.

Whether growth justifies the valuation

Priced at 8.4 times its growth rate, on earnings growth of 7%.

Profit growthPrice per ₹1 profitPer 1% growth
Shivalik Bimetal Controls Limited — this one7%/yr58.6×₹8.4
Welspun Corp Limited119%/yr30.2×—
APL Apollo Tubes Limited23%/yr48.2×₹2.1
Shyam Metalics and Energy Limited9%/yr26.2×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr40.3×—
Jindal Saw Limited14%/yr26.4×₹1.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 8 of 70 on returns, 15 of 68 on growth, 6 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 26.6% on capital, ahead of 89% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹281 crore of cash from the business, spent ₹143 crore on plant and equipment, and returned ₹50 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 81 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 104 days for its cash to waiting 128 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

9 of 10 checks clear · 90%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 33% to ₹182 crore with profit up 44% to ₹33 crore

Announced 6 Aug 2026 · Consolidated · Unaudited

Revenue

₹182 Cr

Revenue vs last year

+33.4%

Revenue vs last quarter

+12.0%

Net profit

₹33 Cr

Profit vs last year

+43.5%

Profit vs last quarter

+26.9%

Net margin

18.1%

EPS

₹5.73

Earnings call transcript · 7 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹6,250 Cr
Prev close
₹1,041.60
52w High
₹1,216
52w Low
₹369
Enterprise value
₹6,216 Cr
Beta
1.3
Price CAGR 1y
118.0%
Price CAGR 3y
29.0%
Price CAGR 5y
43.0%
Price CAGR 10y
58.0%

Ratios

Return on assets
15.1%
PEG ratio
8.0
P/E ratio
58.6
P/B ratio
12.5
EV / EBITDA
44.1
Industry P/E
24.8
ROCE
26.6%
ROCE 5y average
32.0%
ROE
21.8%
Debt / Equity
0.1
Interest coverage
26.4
Dividend yield
0.4%
ROE 3y average
23.0%
ROE last year
22.0%

Annual P&L

Annual revenue
₹571 Cr
Annual profit
₹96 Cr
Operating margin
23.0%
Net profit margin
16.8%
EBITDA margin
22.9%
Sales growth 3y
6.7%
Sales growth 5y
22.9%
Profit growth 3y
7.0%
Profit growth 5y
31.0%
EPS
₹16.6
Sales growth TTM
19.0%
Profit growth TTM
30.0%
Dividend payout
24.0%

Quarter P&L

Sales latest quarter
₹182 Cr
Profit latest quarter
₹33 Cr
YoY quarterly sales growth
33.4%
YoY quarterly profit growth
43.5%
OPM latest quarter
23.7%

Balance Sheet

Book Value
₹80.3
Face Value
₹2.0
Total debt
₹71 Cr
Total cash
₹105 Cr
Borrowings
₹71 Cr
Reserves / Equity
39.2

Cash Flow

Operating cash flow
₹55 Cr
Free cash flow
₹20 Cr
FCF yield
0.2%
Net cash flow
-₹14 Cr

Shareholding

Promoter holding
33.6%
FII holding
2.0%
DII holding
14.5%
Public holding
49.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,657.9030.470,1130.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,073.0046.857,5590.40263.110.95,606.78.431.8
Shyam Metalics1,063.3526.429,6810.42350.718.15,455.123.413.0
Ratnamani Metals2,487.9039.717,4380.40107.0-37.7971.6-15.617.9
Jindal Saw267.9526.217,1360.7290.8-75.44,452.39.010.4
Usha Martin502.1528.115,3030.73142.040.71,033.016.419.5
Godawari Power206.8517.013,9260.47222.42.71,750.532.320.5
Shivalik Bimetal1,072.3057.96,1770.3633.044.1182.233.426.6
Median169.5022.69620.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales127128126128126127123132137137134163182
Expenses979910110610210099104105106102127139
Material Cost7079737895130
Change in Inventories5.14-3.050.03-6.43-2.60-27
Purchases of Stock-in-Trade000000
Employee Cost131315151415
Other Expenses161519152021
Operating Profit30292522242725283231323543
OPM %24232017192120222323242224
Other Income22216434436246
Exceptional items (within Other Income)000-0.9200.26
Interest1111111111111
Depreciation3333333333444
Profit before tax28272333242724283032303544
Tax %24262623242525262523252525
Net Profit21201726182018212325222633
EPS in Rs3.693.532.944.463.093.463.173.653.954.313.854.525.73
Diluted EPS in Rs3.663.964.273.884.545.73

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2011Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales95109119158193187204324470509508571616
Expenses8595100132158166168251361403405440475
Material Cost290325
Change in Inventories-0.27-12
Purchases of Stock-in-Trade00
Employee Cost5054
Other Expenses6673
Operating Profit1014192636213673109106104131142
OPM %11131616181118232321202323
Other Income202575691122141418
Exceptional items (within Other Income)0-0.92
Interest44334323753.754.695
Depreciation345556661112121414
Profit before tax56142334173473102112103127140
Tax %504240272922262523252524
Net Profit338172513255579847796106
EPS in Rs0.470.581.432.874.282.344.439.571415131718
Diluted EPS in Rs1317
Dividend Payout %420121499979122024

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
18%
5 years
23%
3 years
7%
TTM
19%

Compounded profit growth

10 years
40%
5 years
31%
3 years
7%
TTM
30%

Stock price CAGR

10 years
58%
5 years
43%
3 years
29%
1 year
118%

Return on equity

10 years
24%
5 years
26%
3 years
23%
Last year
22%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2011Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital4448888812121212
Reserves4251657597108132184254330394470
Borrowings414729364525295859424271
Other Liabilities302318282723525866596083
Total Liabilities116125116147176163221308390443508636
Fixed Assets3741434545454679118120137150
CWIP34456182587142435
Investments0178111113178111316
Other Assets7678618911588137205258298334435
Total Assets116125116147176163221308390443508636

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2011Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity21612644130-366699455
Cash from Investing Activity-7-2-3-7-7-14-15-24-41-41-58-68
Cash from Financing Activity4-6-1713-27023-18-29-26-0
Net Cash Flow-18-800-015-57-210-14
Free Cash Flow-5149-2-22715-2835476420

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2011Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1068881786560776772828099
Inventory Days221150153182264172253260196165166179
Days Payable11546487856411279563504965
Cash Conversion Cycle212192187181273192202232206197197213
Working Capital Days181-1688610510892104109125124128
ROCE %1216242814233638332627

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters515151513333333333333334
FIIs4.183.613.262.733.963.933.633.143.032.591.732.04
DIIs1.451.821.902.332021212120202015
Public434344444342424344454550
No. of Shareholders53,11156,26661,15565,47367,84870,61269,68967,48466,29364,01060,95665,391

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +106.8% (₹503.75 → ₹1,041.60)Brick size ₹55.17 (fixed)Bricks 14
₹400₹600₹800₹1,042Mar '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹1,041.60 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

54.00

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-34.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

59,22,486inr

2026-03-31

News

News and filings about Shivalik Bimetal Controls Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • copper / copper alloy strips and substrates
  • nickel / nickel-bearing alloys
  • resistance alloy strips (manganin / low-ohmic)
  • silver / precious metal alloys for electrical contacts
  • spring rolled stainless steel / thermostatic bimetal alloy strips

Depends on the price of

  • copper
  • silver

Sells to

  • ABB India · thermostatic bimetals / switchgear components
  • Continental · low-ohmic shunt resistors for automotive applications
  • Havells India · electrical contacts / switchgear components
  • Hella · shunt resistors for automotive applications
  • Panasonic Life Solutions India Private Limited · electrical contacts / electrical components
  • Robertshaw Controls Company · thermostatic bimetal/trimetal strip
  • Siemens India · thermostatic bimetals / electrical contacts / switchgear components (incl. erstwhile C&S E…
  • Vishay · shunt resistors / EB-welded resistor components

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE386D01027

Plants

  • Chambaghat plant / registered manufacturing location · Solan, Himachal Pradesh
  • Pune automotive busbar/connectors facility · Pune, Maharashtra
  • Unit-IV Kather/Basal, Chambaghat · Solan, Himachal Pradesh

News impact

Big market events that reach Shivalik Bimetal Controls Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

25 Aug 2026unspecified₹2
13 Feb 2026interim₹2
8 Sep 2025unspecified₹1.5
20 Feb 2025interim₹1.2
19 Sep 2024unspecified₹1
16 Feb 2024interim₹0.7
18 Sep 2023unspecified₹0.7
20 Feb 2023interim₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 7 rows from NSE's archive (replace 2, delete 0, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
10 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY5,80,772₹1,034.22
10 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL5,80,707₹1,034.47
10 Aug 2026QE SECURITIES LLPSELL4,09,444₹1,032.97
10 Aug 2026BOFA SECURITIES EUROPE SABUY3,96,348₹1,035.70
10 Aug 2026QE SECURITIES LLPBUY3,92,006₹1,034.91
10 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDSELL3,88,010₹1,030.36
10 Aug 2026JUNOMONETA FINSOL PRIVATE LIMITEDBUY3,86,849₹1,029.84
10 Aug 2026GRAVITON RESEARCH CAPITAL LLPSELL3,02,278₹1,002.73
10 Aug 2026GRAVITON RESEARCH CAPITAL LLPBUY3,02,278₹1,005.40
24 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY3,52,842₹581.15

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.