Shivalik Bimetal Controls Ltd (NSE:SBCL)

Q2 2026 Shivalik Bimetal Controls Ltd Earnings Call Transcript

Nov 13, 2025 / 10:30 AM GMT

Release Date Price: ₹486.7 (-1.81%)

Transcript

Key Points

Positve

Shivalik Bimetal Controls Ltd (BOM:513097) reported a strong earnings momentum with a 26.3% increase in profit after tax for the first half of FY26.
The company achieved a gross margin improvement of 296 basis points and a consolidated EBITDA margin increase of 305 basis points year-on-year.
Sales in India grew by 25.23% in Q2, driven by robust demand from the smart meter and industrial sectors.
Sales across Asia, excluding India, climbed 38.5% due to deepened customer engagement and expansion into new accounts.
The company is optimistic about future growth, focusing on high-value assemblies, improving cash conversion, and accelerating integration initiatives.

Negative

Total volumes contracted marginally by 0.9% despite a broadly stable volume environment.
Shunt volumes in the Americas and Europe were impacted by timing and channel recalibration, leading to moderated call-offs and deferred orders.
The company faces challenges due to a 50% tariff imposed in India, affecting customer order volumes and focus.
Volume growth has been muted for several quarters, with strategies being adapted to improve this in the second half of the year.
The company anticipates a lower than previously expected top-line growth for FY26 due to external market conditions and tariff impacts.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SHVB.NS - Shivalik Bimetal Controls Ltd
Q2 2026 Shivalik Bimetal Controls Ltd Earnings Call
Nov 13, 2025 / 10:30AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Okay.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Good afternoon, everyone.

Our performance in the first half of financial year '26 shows the strength of our business model and the discipline with which we are executing our long-term strategy.

Despite a broadly stable volume environment, total volumes contracted only marginally by 0.9%. We delivered strong earnings momentum with profit after tax, 26.3% in H1F 26.

This outcome reflects a healthy combination of margin expansion and operating leverage.

Gross margin improved

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.