
Shivalik Bimetal Controls Announces Financial Results for FY 2026 and Dividend Recommendation
Shivalik Bimetal Controls Limited released its financial results and operational updates following its Board meeting on May 18, 2026. The company reported its audited standalone and consolidated financial results for the quarter and the financial year ended March 31, 2026.Financial Performance Highlights
The company released comprehensive financial data for both standalone and consolidated entities.Consolidated Financial Highlights (₹ in lakhs)
The consolidated financial results for the year ended March 31, 2026, showed a total revenue of ₹58,313.35 lakhs and a net profit for the year of ₹9,585.85 lakhs.
| Metric | Quarter Ended March 31, 2026 | Year Ended March 31, 2026 |
|---|---|---|
| Total Revenue (1+2) | 16,603.81 | 58,313.35 |
| Total Expenses | 13,201.75 | 45,864.81 |
| Net Profit for the Year | N/A | 9,585.85 |
| Total Equity | N/A | 48,134.72 |
The standalone financial results also showed Total Income of ₹12,089.11 lakhs for the quarter ended March 31, 2026, with a net profit for the period of ₹2,037.95 lakhs.
Balance Sheet Overview (₹ in lakhs)
The company provided statements of assets and liabilities as of March 31, 2026, for both the standalone and consolidated entities.
The consolidated statement of assets and liabilities at March 31, 2026, reported total assets of ₹63,597.70 lakhs, compared to ₹40,565.86 lakhs at March 31, 2025.
| Statement | 31 March, 2026 (Audited) | 31 March, 2025 (Audited) |
|---|---|---|
| Total Assets | 20,709.96 (Non-Current) + 42,887.74 (Current) = 63,597.70 | 17,852.53 (Non-Current) + 32,939.17 (Current) = 50,791.70 |
| Total Equity | 48,134.72 | 39,413.78 |
| Total Liabilities | 15,462.98 | 11,376.92 |
Key Board Decisions and Operational Updates
During the Board meeting, the directors approved several material actions:Dividend Recommendation
The Board recommended a final dividend of ₹2.00 per equity share (with a face value of ₹2/- each) for the financial year ended March 31, 2026. This final dividend is subject to the approval of the shareholders at the upcoming Annual General Meeting. The total dividend for the year, including the interim dividend of ₹2.00 per equity share already declared and paid during the year, amounts to ₹4.00 per share.
Management and Operations
- New Factory Manager: The Board approved the appointment of Mr. Pankaj Kumar Gazta as the new Factory Manager, effective June 01, 2026, following the superannuation of the existing Factory Manager, Mr. Mukesh Kumar Verma, effective May 31, 2026.
- Pune Plant Status: The launch date of the Pune Plant/facility, previously indicated as April 2026, has been deferred. This delay is due to pending permissions and consents required from relevant government authorities. The company confirmed it is actively pursuing these approvals and is currently handling operations at its existing facilities in Solan, Himachal Pradesh.
- Investment Approval: The Board also approved the investment of surplus funds in fixed deposits, mutual funds, bonds, government securities, and other permissible financial instruments, within the limits specified under Section 186 of the Companies Act, 2013.
Audit and Compliance
The company confirmed that the audited standalone and consolidated financial results for the year ended March 31, 2026, were reviewed and approved by the Board of Directors. The statutory auditors issued an unmodified report on the audited financial statements for the year ended March 31, 2026.The audit reports confirmed that the financial statements adhere to the recognition and measurement principles laid down in the applicable Indian Accounting Standards (Ind AS).
SBCL Stock Price Movement
Today, Shivalik Bimetal Controls Limited shares edged higher, settling at ₹595.95 after gaining 0.08% in post-market trading. The stock saw a total traded volume of 155,381 shares today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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