About
Shivalik Bimetal Controls Limited operates as a process and product engineering company in India, the United States, Europe, and internationally. The company manufactures thermostatic bimetals, parts/strips, SMDS/shunt resistors, reflow solder/pre solder products, strips, precision stainless steel products, thermostatic bimetals, coils and springs, and snap action discs. Its products are primarily used in switchgears, circuit breakers, protective relays, metering, automotive devices, energy and battery management devices, and various other electrical and electronic devices. The company serves electronics, automotive, domestic appliances, industrial, medical, and agriculture and animal husbandry appliances sectors. The company was incorporated in 1984 and is headquartered in New Delhi, India.
Key Metrics
as of Sep 2026Market Cap6,461 Cr
P/E60.60
Div Yield0.36 %
Book Value₹83.60
52w High₹1,216.00
52w Low₹369.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 182.00 | 163.00 | 134.00 | 137.00 | 137.00 | 132.00 | 123.00 | 127.00 | 126.00 | 128.00 | 126.00 | 128.00 | 127.00 |
| Expenses | 139.00 | 127.00 | 102.00 | 106.00 | 105.00 | 104.00 | 99.00 | 100.00 | 102.00 | 106.00 | 101.00 | 99.00 | 97.00 |
| Operating Profit | 43.00 | 35.00 | 32.00 | 31.00 | 32.00 | 28.00 | 25.00 | 27.00 | 24.00 | 22.00 | 25.00 | 29.00 | 30.00 |
| OPM % | 24.00 | 22.00 | 24.00 | 23.00 | 23.00 | 22.00 | 20.00 | 21.00 | 19.00 | 17.00 | 20.00 | 23.00 | 24.00 |
| Other Income | 6.00 | 4.00 | 2.00 | 6.00 | 3.00 | 4.00 | 4.00 | 3.00 | 4.00 | 16.00 | 2.00 | 2.00 | 2.00 |
| Depreciation | 4.00 | 4.00 | 4.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Interest | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Profit before tax | 44.00 | 35.00 | 30.00 | 32.00 | 30.00 | 28.00 | 24.00 | 27.00 | 24.00 | 33.00 | 23.00 | 27.00 | 28.00 |
| Tax % | 25.00 | 25.00 | 25.00 | 23.00 | 25.00 | 26.00 | 25.00 | 25.00 | 24.00 | 23.00 | 26.00 | 26.00 | 24.00 |
| Net Profit | 33.00 | 26.00 | 22.00 | 25.00 | 23.00 | 21.00 | 18.00 | 20.00 | 18.00 | 26.00 | 17.00 | 20.00 | 21.00 |
| EPS in Rs | 5.73 | 4.52 | 3.85 | 4.31 | 3.95 | 3.65 | 3.17 | 3.46 | 3.09 | 4.46 | 2.94 | 3.53 | 3.69 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 571.00 | 508.00 | 509.00 | 470.00 | 324.00 | 204.00 | 187.00 | 193.00 | 158.00 | 119.00 | 109.00 | 95.00 |
| Expenses | 440.00 | 405.00 | 403.00 | 361.00 | 251.00 | 168.00 | 166.00 | 158.00 | 132.00 | 100.00 | 95.00 | 85.00 |
| Operating Profit | 131.00 | 104.00 | 106.00 | 109.00 | 73.00 | 36.00 | 21.00 | 36.00 | 26.00 | 19.00 | 14.00 | 10.00 |
| OPM % | 23.00 | 20.00 | 21.00 | 23.00 | 23.00 | 18.00 | 11.00 | 18.00 | 16.00 | 16.00 | 13.00 | 11.00 |
| Other Income | 14.00 | 14.00 | 22.00 | 11.00 | 9.00 | 6.00 | 5.00 | 7.00 | 5.00 | 2.00 | 0.00 | 2.00 |
| Interest | 5.00 | 4.00 | 5.00 | 7.00 | 3.00 | 2.00 | 3.00 | 4.00 | 3.00 | 3.00 | 4.00 | 4.00 |
| Depreciation | 14.00 | 12.00 | 12.00 | 11.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 | 3.00 |
| Profit before tax | 127.00 | 103.00 | 112.00 | 102.00 | 73.00 | 34.00 | 17.00 | 34.00 | 23.00 | 14.00 | 6.00 | 5.00 |
| Tax % | 24.00 | 25.00 | 25.00 | 23.00 | 25.00 | 26.00 | 22.00 | 29.00 | 27.00 | 40.00 | 42.00 | 50.00 |
| Net Profit | 96.00 | 77.00 | 84.00 | 79.00 | 55.00 | 25.00 | 13.00 | 25.00 | 17.00 | 8.00 | 3.00 | 3.00 |
| EPS in Rs | 16.64 | 13.38 | 14.63 | 13.73 | 9.57 | 4.43 | 2.34 | 4.28 | 2.87 | 1.43 | 0.58 | 0.47 |
| Dividend Payout % | 24.00 | 20.00 | 12.00 | 9.00 | 7.00 | 9.00 | 9.00 | 9.00 | 14.00 | 12.00 | 0.00 | 42.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.00 | 12.00 | 12.00 | 12.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 4.00 | 4.00 | 4.00 |
| Reserves | 470.00 | 394.00 | 330.00 | 254.00 | 184.00 | 132.00 | 108.00 | 97.00 | 75.00 | 65.00 | 51.00 | 42.00 |
| Borrowings | 71.00 | 42.00 | 42.00 | 59.00 | 58.00 | 29.00 | 25.00 | 45.00 | 36.00 | 29.00 | 47.00 | 41.00 |
| Other Liabilities | 83.00 | 60.00 | 59.00 | 66.00 | 58.00 | 52.00 | 23.00 | 27.00 | 28.00 | 18.00 | 23.00 | 30.00 |
| Total Liabilities | 636.00 | 508.00 | 443.00 | 390.00 | 308.00 | 221.00 | 163.00 | 176.00 | 147.00 | 116.00 | 125.00 | 116.00 |
| Fixed Assets | 150.00 | 137.00 | 120.00 | 118.00 | 79.00 | 46.00 | 45.00 | 45.00 | 45.00 | 43.00 | 41.00 | 37.00 |
| CWIP | 35.00 | 24.00 | 14.00 | 7.00 | 8.00 | 25.00 | 18.00 | 6.00 | 5.00 | 4.00 | 4.00 | 3.00 |
| Investments | 16.00 | 13.00 | 11.00 | 8.00 | 17.00 | 13.00 | 11.00 | 11.00 | 8.00 | 7.00 | 1.00 | 0.00 |
| Other Assets | 435.00 | 334.00 | 298.00 | 258.00 | 205.00 | 137.00 | 88.00 | 115.00 | 89.00 | 61.00 | 78.00 | 76.00 |
| Total Assets | 636.00 | 508.00 | 443.00 | 390.00 | 308.00 | 221.00 | 163.00 | 176.00 | 147.00 | 116.00 | 125.00 | 116.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 55.00 | 94.00 | 69.00 | 66.00 | -3.00 | 30.00 | 41.00 | 4.00 | 6.00 | 12.00 | 16.00 | 2.00 |
| Cash from Investing Activity | -68.00 | -58.00 | -41.00 | -41.00 | -24.00 | -15.00 | -14.00 | -7.00 | -7.00 | -3.00 | -2.00 | -7.00 |
| Cash from Financing Activity | 0.00 | -26.00 | -29.00 | -18.00 | 23.00 | 0.00 | -27.00 | 3.00 | 1.00 | -17.00 | -6.00 | 4.00 |
| Net Cash Flow | -14.00 | 10.00 | -2.00 | 7.00 | -5.00 | 15.00 | 0.00 | 0.00 | 0.00 | -8.00 | 8.00 | -1.00 |
| Free Cash Flow | 20.00 | 63.00 | 47.00 | 35.00 | -28.00 | 15.00 | 27.00 | -2.00 | -2.00 | 9.00 | 14.00 | -5.00 |
| CFO/OP % | 65.00 | 114.00 | 90.00 | 85.00 | 19.00 | 103.00 | 228.00 | 35.00 | 40.00 | 88.00 | 125.00 | 37.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99.00 | 80.00 | 82.00 | 72.00 | 67.00 | 77.00 | 60.00 | 65.00 | 78.00 | 81.00 | 88.00 | 106.00 |
| Inventory Days | 179.00 | 166.00 | 165.00 | 196.00 | 260.00 | 253.00 | 172.00 | 264.00 | 182.00 | 153.00 | 150.00 | 221.00 |
| Days Payable | 65.00 | 49.00 | 50.00 | 63.00 | 95.00 | 127.00 | 41.00 | 56.00 | 78.00 | 48.00 | 46.00 | 115.00 |
| Cash Conversion Cycle | 213.00 | 197.00 | 197.00 | 206.00 | 232.00 | 202.00 | 192.00 | 273.00 | 181.00 | 187.00 | 192.00 | 212.00 |
| Working Capital Days | 128.00 | 124.00 | 125.00 | 109.00 | 104.00 | 92.00 | 108.00 | 105.00 | 86.00 | 68.00 | -1.00 | 181.00 |
| ROCE % | 27.00 | 26.00 | 33.00 | 38.00 | 36.00 | 23.00 | 14.00 | 28.00 | 24.00 | 16.00 | — | 12.00 |
Corporate Actions
34 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 25 Aug 2026 | 26 Aug 2026 | — | 2.00 | |
| Dividend | 13 Feb 2026 | 13 Feb 2026 | — | 2.00 | |
| Dividend | 08 Sep 2025 | 09 Sep 2025 | — | 1.50 | |
| Dividend | 20 Feb 2025 | 20 Feb 2025 | — | 1.20 | |
| Dividend | 19 Sep 2024 | — | — | 1.00 | |
| Dividend | 16 Feb 2024 | 16 Feb 2024 | — | 0.70 | |
| Dividend | 18 Sep 2023 | — | — | 0.70 | |
| Dividend | 20 Feb 2023 | 20 Feb 2023 | — | 0.50 | |
| Bonus | 12 Oct 2022 | 13 Oct 2022 | 1:2 | — | |
| Dividend | 19 Sep 2022 | — | — | 0.50 | |
| Dividend | 10 Feb 2022 | 12 Feb 2022 | — | 0.50 | |
| Dividend | 07 Sep 2021 | — | — | 0.30 | |
| Dividend | 17 Feb 2021 | 19 Feb 2021 | — | 0.30 | |
| Dividend | 18 Feb 2020 | 21 Feb 2020 | — | 0.30 | |
| Dividend | 03 Sep 2019 | — | — | 0.30 | |
| Dividend | 21 Feb 2019 | 22 Feb 2019 | — | 0.30 | |
| Dividend | 18 Sep 2018 | — | — | 0.30 | |
| Dividend | 20 Feb 2018 | 21 Feb 2018 | — | 0.30 | |
| Bonus | 05 Oct 2017 | 06 Oct 2017 | 1:1 | — | |
| Dividend | 19 Sep 2017 | — | — | 0.25 | |
| Dividend | 16 Feb 2017 | 18 Feb 2017 | — | 0.25 | |
| Dividend | 22 Sep 2011 | — | — | 0.20 | |
| Dividend | 26 May 2011 | 28 May 2011 | — | 0.20 | |
| Dividend | 14 Feb 2011 | 16 Feb 2011 | — | 0.20 | |
| Dividend | 16 Sep 2010 | — | — | 0.25 | |
| Dividend | 20 May 2010 | 21 May 2010 | — | 0.20 | |
| Dividend | 24 Sep 2009 | — | — | 0.25 | |
| Dividend | 14 May 2009 | 15 May 2009 | — | 0.20 | |
| Dividend | 24 Sep 2008 | — | — | 0.25 | |
| Dividend | 26 Jun 2008 | 27 Jun 2008 | — | 0.25 | |
| Dividend | 20 Feb 2008 | 21 Feb 2008 | — | 0.30 | |
| Dividend | 13 Aug 2007 | — | — | 0.25 | |
| Bonus | 15 Mar 2005 | 22 Mar 2005 | 1:1 | — | |
| Dividend | 24 Jul 2001 | — | — | 2.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update12 Mar from crisil
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Rating update12 Dec 2024 from crisil
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Rating update6 Oct 2023 from crisil
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Rating update3 Aug 2023 from crisil
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Rating update31 May 2022 from crisil
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Rating update25 Apr 2022 from crisil