Shivalik Bimetal Controls FY26 Earnings Update

Shivalik Bimetal Controls Ltd released its financial results for the fiscal year ending March 31, 2026. The company reported consolidated revenue of ₹570.86 crore and a consolidated net profit after tax (PAT) of ₹95.84 crore. Standalone revenue was ₹461.95 crore with a standalone PAT of ₹81.80 crore.

Key Financials and Performance

The reported figures for FY26 show a solid financial performance. The net profit after tax of ₹95.84 crore offers investors a key measure of the company's profitability. The company is strategically focusing on its Pune facility to develop PCBA and busbar connector solutions, indicating a move towards higher value-added products.

Manufacturing Expansion and Strategy

Shivalik Bimetal Controls is strengthening its Pune facility with a focus on Printed Circuit Board Assembly (PCBA) and busbar connector solutions. This expansion aims to provide integrated sub-assemblies, primarily for the automotive and electrification sectors. The goal is to increase customer relevance and market share by offering more valuable components and integrated solutions.

Operational Metrics and Risks

The company reported inventory days of 204 and net working capital days of 258 for FY26. These figures suggest potential inefficiencies in inventory management and cash conversion cycles, which could impact liquidity.

Key Metrics for FY26

• Consolidated Revenue: ₹570.86 crore
• Consolidated Net Profit After Tax: ₹95.84 crore
• Consolidated EPS: ₹16.64
• Consolidated EBITDA Margin: 22.9%
• Inventory Days: 204 days
• Net Working Capital Days: 258 days

Looking Ahead

Investors will closely watch the progress of the Pune facility expansion and how it influences the company's revenue mix toward higher value-added products. Monitoring inventory and working capital days will also be important for assessing operational efficiency going forward.