Shivalik Bimetal Controls Limited – Q4 FY26 Results

key financial highlights

• Revenue from Operations:
  • Revenue (Q4 FY26): ₹16,263.01 Lakhs
    • QoQ Change: +21.16%
    • YoY Change: +22.80%
  • Previous Quarter (Q3 FY26): ₹13,423.13 Lakhs
  • Previous Year (Q4 FY25): ₹13,243.80 Lakhs
• Profit After Tax (PAT):
  • PAT (Q4 FY26): ₹2,604.73 Lakhs
    • QoQ Change: +17.45%
    • YoY Change: +23.73%
  • Previous Quarter (Q3 FY26): ₹2,217.68 Lakhs
  • Previous Year (Q4 FY25): ₹2,105.16 Lakhs
• QoQ Performance:
  • Revenue Trend: Revenue improved strongly on sequential basis due to sustained business demand and operational execution.
    
  • Profit Trend: Profitability continued to improve sequentially aided by higher operating profit and stable expense growth.

Margin Analysis

Drivers:

• Operating leverage improved during the quarter.
• Raw material costs remained controlled relative to revenue growth.
• Joint venture contribution supported profitability.
• Other expenses increased moderately in line with business expansion.

Insight:

• The company demonstrated strong margin resilience with profit growth outpacing overall expense growth.

Earning quality check

Key Drivers:

• Net cash generated from operating activities stood at ₹5,488.62 Lakhs.
• Strong operating profit before working capital changes at ₹13,522.80 Lakhs.
• Positive cash generation despite working capital adjustments.

Interpretations:

• The company maintained healthy earnings quality with strong operating cash flow backing reported profits.

balance sheet Analysis

• Total Assets: ₹63,597.70 Lakhs
• Total Liabilities: ₹15,462.98 Lakhs

Insight:

• The balance sheet remains strong with improving equity base, rising current assets, and manageable leverage profile.

key risks

• Commodity and raw material price fluctuations.
• Export market volatility and currency movement risks.
• Industrial demand slowdown may impact growth momentum.
• Working capital intensity remains elevated.

management strategy signals

Focus Area:

• Capacity expansion and operational efficiency.
• Strengthening export presence.
• Enhancing product portfolio and industrial applications.
• Maintaining profitability and cash flow discipline.

Financial metrics table

Quarterly Performance Context