Shivalik Bimetal Controls Ltd (SBCL) — shareholding pattern, promoter holding, financials and share price
About Shivalik Bimetal Controls Ltd (SBCL)
Shivalik Bimetal Controls Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as SBCL and on the BSE under scrip code 513097. Its ISIN is INE386D01027.
Incorporated in 1984, Shivalik Bimetal Control Ltd. manufactures thermostatic bimetal/trimetal strips, components, shunt resistors and clad metals. [1]
Shivalik Bimetal Controls Limited manufactures precision thermostatic bimetals, EB‑welded ultra low‑ohmic shunt resistors and silver electrical contacts, operating three Indian manufacturing campuses and global sales nodes; it supplies over 300 OEMs/Tier‑1s across 38 countries and is the only large EBW shunt house in India with verticalized processes and in‑house machine‑build capability.
Shunt resistors have rapidly scaled to roughly half of company revenue and remain the fastest‑growing vertical; management reports conversion of strip exports into higher‑value component supplies, margin expansion driven by mix and cost discipline, and expectation of meaningful US export recovery following tariff clarity, making shunts a critical earnings driver.
Listed peers in Iron & Steel Products: Electrosteel Castings Ltd, Man Industries (India) Ltd, Kalyani Steels Ltd, Venus Pipes & Tubes Ltd, Sambhv Steel Tubes Ltd, Welspun Specialty Solutions Ltd.
Valuation & Returns
10 Jul 2026At ₹745.2 a share on 10 Jul 2026, Shivalik Bimetal Controls Ltd (SBCL) was valued at a price-to-earnings ratio of 44.78x against an industry P/E of 37x and a price-to-book of 10.58x on a book value of ₹70.42 per share as of Mar 2025. Solomo computes return on equity of 23.63% and return on capital employed of 29.41% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 44.78x
- Industry P/E
- 37x
- P/B
- 10.58x
- EPS (TTM)
- ₹16.64
- Book value / share
- ₹70.42
- ROE
- 23.63%
- ROCE
- 29.41%
- ROA
- 18.87%
- Debt / equity
- 0.1x
- Dividend yield
- 0.47%
- EBITDA margin
- 25.48%
- 52-week range
- ₹368.6 – ₹814
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Shivalik Bimetal Controls Ltd (SBCL) reported revenue of ₹571 crore, net profit of ₹96 crore and earnings per share of ₹16.64. That compares with revenue of ₹508 crore and net profit of ₹77 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹163 crore and net profit ₹26 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 324 | 470 | 509 | 508 | 571 |
| Net profit (₹ cr) | 55 | 79 | 84 | 77 | 96 |
| EPS (₹) | 9.57 | 13.73 | 14.63 | 13.38 | 16.64 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 17.08% | 18.49% | 10.51% | -0.11% |
| Profit growth | 37.57% | 41.58% | 11.78% | -8.56% |
| Stock price CAGR | 56% | 53% | 1% | 25% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 33.61% of Shivalik Bimetal Controls Ltd (SBCL) (up 0.24 pp QoQ), foreign institutional investors (FII) hold 2.04% and domestic institutional investors (DII) hold 14.55%. Market capitalisation was ₹4,293 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Aditya Birla Sun Life Trustee Private Limite A/c Aditya Birla Sun Life Business Cycle Fund 3.76%, SBI Energy Opportunities Fund 2.45%, MAHENDRABHAI CHANDULAL DHARU HUF 1.36%, Investor Education and Protection Fund Authority Ministry of Corporate Affairs 1.24%, PREMILABEN MAHENDRAKUMAR DHARU 1.21%, Persistence Capital Fund I 1.11%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 33.61% | - | 2.04% | 14.55% | 66.39% |
| Mar 2026 | 33.37% | - | 1.74% | 20% | 66.63% |
| Dec 2025 | 33.17% | - | 2.59% | 19.72% | 66.83% |
| Sep 2025 | 33.17% | - | 3.03% | 20.2% | 66.83% |
| Jun 2025 | 33.17% | - | 3.14% | 21% | 66.83% |
| Mar 2025 | 33.17% | - | 3.63% | 21.07% | 66.83% |
| Dec 2024 | 33.17% | - | 3.93% | 21.1% | 66.83% |
| Sep 2024 | 33.17% | - | 3.96% | 20.02% | 66.83% |