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Shivalik Bimetal Controls Ltd (SBCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513097 NSE: SBCL Steel & Iron Products | Small Cap | Shivalik Bimetal Share Price

₹1,040.20 31.70 (3.14%)

As on 14-Aug'26 16:59

Shivalik Bimetal Controls Ltd (SBCL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 513097 NSE: SBCL Steel & Iron Products | Small Cap | Shivalik Bimetal Share Price

₹1,040.20 31.70 (3.14%)

As on 14-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,809 Cr.
Current Price
₹1,040.2
52-Week Low / High
₹369 / 1,104
TTM EPS
₹15.2
TTM Sales
₹477 Cr.
Book Value per Share
₹82.6
P/E Ratio
66.56
Higher than its 5-year historical median
Industry PE
23.7
Price to Book (P/B)
12.21
Higher than its 5-year historical median
Price to Sales (P/S)
12.18
Higher than its 5-year historical median
EV/EBITDA
43.04
Higher than its 5-year historical median
Dividend Yield
0.38%
Profitability Efficiency
Return on Equity (ROE)
19.56%
Outperforms industry median
Return on Capital Employed (ROCE)
25.64%
Outperforms industry median
Return on Assets (ROA)
16.38%
Operating Profit Margin
24.4%
Net Profit Margin
17.72%
Gross Profit Margin
26.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
5.66%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
15%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
12.75%
Asset Quality
Promoter Holding
33.61%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹464 Cr.
Equity
₹11.5 Cr.
Face Value
₹2
All Time Low / High
₹0.30 / 1104.30

Shivalik Bimetal Controls stock performance

Key Ratios
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Check Before You Invest

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Shivalik Bimetal Controls Ltd a good quality company?
Shivalik Bimetal Controls Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Shivalik Bimetal Controls Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shivalik Bimetal Controls Ltd vs industry peers?
Shivalik Bimetal Controls Ltd revenue CAGR is 17.79%, compared to the industry median CAGR of 8.54%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Shivalik Bimetal Controls Ltd?
Promoters hold 33.61% of the Shivalik Bimetal Controls Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shivalik Bimetal Controls Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 59.9% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shivalik Bimetal Controls Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 15.9%22.8%26.6%13.4%22.3%35.3%37.8%33.8%26.3%25.6%-
Value Creation
Index
0.10.60.9-0.10.61.51.71.40.90.8-

Growth Parameters

Sales 119158193187204324420449437462477
Sales YoY Gr.-32.9%22.5%-3.2%8.8%59%29.7%6.9%-2.7%5.7%-
Adj EPS 1.32.63.61.93.98.51213.41213.515.2
YoY Gr.-101.6%40.2%-48.5%108.7%120%40.9%12.4%-11.1%13.2%-
BVPS (₹) 12.414.818.3202432.544.356.967.37882.6
Adj Net
Profit
7.314.720.710.722.248.968.977.468.97887
Cash Flow from Ops. 11.75.63.841.229.5-3.561.267.992.651.7-
Debt/CF from Ops. 2.46.411.90.61-16.60.90.50.20.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 16.3%17.8%3.2%5.7%
Adj EPS 30.1%28.5%4.2%13.2%
BVPS22.7%26.6%20.8%15.9%
Share Price 60.3% 55.4% 25.1% 98.2%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
10.718.821.79.717.530.131.226.619.218.618.9
Op. Profit
Mgn %
1616.218.411.117.722.724.922.822.424.425
Net Profit
Mgn %
6.29.310.75.710.915.116.417.215.816.918.3
Debt to
Equity
0.40.40.40.20.20.30.20.100.1-
Working Cap
Days
177165188195188177178183191194137
Cash Conv.
Cycle
119109131149124103119134144151107

Valuation of Shivalik Bimetal - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales119158193187204324420449437462
Operating Expenses + 100132158166168251315347340350
Manufacturing Costs9101110161929303131
Material Costs628196107101161206235234234
Employee Cost 12141720222734383746
Other Costs 16263429284446443839
Operating Profit 19263621367310510298112
Operating Profit Margin (%) 16.0%16.2%18.4%11.1%17.7%22.7%24.9%22.8%22.3%24.3%
Other Income + 2454458201213
Exceptional Items -000000000-1
Interest 3343237433
Depreciation 5556668101012
Profit Before Tax 1422321633709810897110
Tax 569491825272528
Profit After Tax 9162313245273817382
PAT Margin (%) 7.3%10.1%11.9%6.8%11.9%16.0%17.4%18.1%16.6%17.7%
Adjusted EPS (₹)1.52.84.02.24.29.012.714.112.614.2
Dividend Payout Ratio (%)11.10%14.40%10%9%9.50%7.40%9.50%12.10%21.40%28.20%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7185106115138187255328388449
Share Capital 48888812121212
Reserves 677898108131180243316376438
Debt +25304020235041241529
Long Term Debt5771081521800
Short Term Debt20233310143520161529
Minority Interest0000000000
Trade Payables8171512354235323327
Others Liabilities 13151614222231242633
Total Liabilities 118148176162218302362408461538

Fixed Assets

Net Fixed Assets +434545434477100104122134
Gross Block6167707379119148158185206
Accumulated Depreciation18222530354248546372
CWIP 4561825837128
Investments 991010101024242424
Inventories2641695170115122116118130
Trade Receivables2634353143598010197116
Cash Equivalents 10001612173877104
Others Assets 715108102116191222
Total Assets 118148176162218302362408461538
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 12644129-361689352
PBT 1422321633709810897110
Adjustment 798978151097
Changes in Working Capital -5-20-2721-3-64-25-2411-38
Tax Paid -5-5-9-6-8-17-26-26-24-27
Cash Flow From Investing Activity + -3-7-7-14-15-24-37-36-52-54
Capex -3-7-6-14-13-22-27-17-25-17
Net Investments 00-100000-30-40
Others 000-0-2-2-10-1933
Cash Flow From Financing Activity + -1713-27123-18-34-32-11
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -24-13-1910-17-150
Interest Paid -3-3-4-3-2-3-7-4-3-3
Dividend Paid -1-2-3-2-1-3-5-8-13-20
Others -12311-24420-16-4-112
Net Cash Flow -800-015-56-29-13
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)12.6620.4324.1911.5619.0531.9433.0327.8420.2919.56
ROCE (%)15.9122.7726.5713.3622.3435.2737.7533.826.3225.64
Asset Turnover Ratio1.031.21.191.111.071.251.271.171.010.92
PAT to CFO Conversion(x)1.330.380.173.151.21-0.060.840.841.270.63
Working Capital Days
Receivable Days73.4068.5064.3063.9066.1057.5060.5073.3082.4084.10
Inventory Days71.9076.10103.70116.80108.10104.20102.8096.8097.8098.10
Payable Days41.8057.406145.2085.1087.4067.6051.7050.4046.40

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Shivalik Bimetal Controls Ltd FAQs

The current trading price of Shivalik Bimetal on 14-Aug-2026 16:59 is ₹1,040.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 13-Aug-2026 the market cap of Shivalik Bimetal stood at ₹5,809.4 Cr

The latest P/E ratio of Shivalik Bimetal as of 13-Aug-2026 is 66.56.

The latest P/B ratio of Shivalik Bimetal as of 13-Aug-2026 is 12.21.

The 52-week high of Shivalik Bimetal is ₹1,104.3 and the 52-week low is ₹369.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shivalik Bimetal is ₹477 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shivalik Bimetal Controls Ltd is a good quality company.

The key valuation ratios of Shivalik Bimetal Controls Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Shivalik Bimetal Controls Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Shivalik Bimetal Controls Ltd

Shivalik Bimetal Controls Ltd. (SBCL) was incorporated on June 18, 1984 and was converted into a public limited company on February 14, 1985 with the purpose of setting up manufacturing facilities for thermostatic bimetal strips.

Shivalik is a company specialized in the joining of materials through various methods such as diffusion bonding / cladding, electron beam welding, solder reflow and resistance welding. Their present program includes thermostatic bimetal, clad metal, spring rolled stainless steels, electron beam welded material with multi - gauge and multi - material strips and thermostatic edge - welded strip for a broad spectrum of industries.

The company has established itself as the largest manufacturer of thermostatic bimetal strips in India. The company's market share in the production of thermostatic bimetal strips is above 65%. The company also manufactures components which use thermostatic bimetal strips.

Shivalik has been a single vendor to many prestigious OEMs since 1986. They have met the most stringent of demands from many large global companies. The company invites to use their specialized knowledge and experience to add more reliability and quality to your products.   

Product range of the company includes:

  • Thermostatic Bimetal
  • CRT Component
  • Shunts
  • Solder Reflow Material
  • Precision Stainless Steel
  • Snap Action Disc

Achievements/ recognition:

  • ISO 9001: 2000 standards.
  • Shivalik Bimetal Controls Ltd. has a recognized in house R&D unit. The recognition has been awarded by Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.
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