Shivalik Bimetal Controls Limited (513097) Earnings Call Transcripts

Shivalik Bimetal Controls Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Shivalik Bimetal Controls Limited reported a consolidated revenue of INR 570.9 crores, reflecting a growth of 12.3% year-over-year, while EBITDA increased by 26% to INR 130.7 crores. The company's PAT rose by 24.8% to INR 95.8 crores, with an EBITDA margin expansion of approximately 250 bps. Management signaled a strong outlook for FY '27, emphasizing margin quality and deeper customer partnerships, while indicating that revenue growth could continue at a rate of 20-30%.

Reported metrics

Guidance from management

Management indicated a target revenue growth of 20-30% for FY '27, focusing on margin quality and deeper customer partnerships. They emphasized that the strategic direction is right and that they have built a stronger platform.

What management said

Of course. So Nikhil, the first part, what I understood from the question is regarding the shunt realization in context of converting from a strip to component. So the realization is improving. I can only share here is that earlier we used to supply regarding 55% in component, which goes up to 65% in year-on-year. And that is yielding almost 10% to 12% improved realization as per the previous per kg shunt realization...

Is it -- sorry to cut in, but is it just my line or Nikhil is your -- I think -- is everybody not hearing this properly because I'm actually having a very difficult time trying to understand.

What analysts pressed on

Analysts expressed concerns about the elevated working capital cycle and dependency on imported materials. There were also questions regarding the sustainability of recent revenue growth and the impact of U.S. market normalization.

Main topics on the call

• Revenue Growth — Shivalik achieved a consolidated revenue growth of 12.3% to INR 570.9 crores, driven by better product mix and operating leverage. Management stated, "FY '26 has been an important year in Shivalik's evolution."
• Earnings Quality Improvement — The company reported an EBITDA growth of 26% to INR 130.7 crores, with PAT increasing by 24.8% to INR 95.8 crores. The management noted that "this strategy translated into stronger earnings quality."
• Smart Metering Business Growth — Shivalik's revenue from smart meter applications nearly doubled to over INR 75-80 crores, reflecting strong demand. Management stated, "We expect a similar level of growth this year as well."
• Geographic Diversification — The company noted a more balanced geographic presence, with Europe emerging as a strong growth engine. Management highlighted, "India remains our largest market across shunts and bimetals."

Read the full Shivalik Bimetal Controls Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 5 Shivalik Bimetal Controls Limited earnings call transcripts on record, spanning February 9, 2024 to August 7, 2026. Based on this history, Shivalik Bimetal Controls Limited reports semi-annually. The most recent call on file is dated August 7, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

513097

Exchange

BSE

Country

IN

Sector

Materials

Industry

Metals and Mining

Calls on record

5

First call

February 9, 2024

Most recent

August 7, 2026

Reporting cadence

semi-annually