SBCLShivalik Bimetal Controls Ltd.
Shivalik Bimetal Controls Q2 FY27 Results: Consolidated Net Profit ₹34.75 Crore on Total Income of ₹201 Crore
- Earnings
- engineering components
Reviewed byRachit TripathiBlacklitt Research
Shivalik Bimetal Controls (NSE: SBCL) reported consolidated total income of ₹200.76 crore and net profit of ₹34.75 crore for the quarter ended 30 Sep 2026, it said in a filing on 04 Nov 2026. Standalone total income was ₹148.06 crore and net profit ₹29.81 crore for the same quarter.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹200.76 crore, up 42.4% YoY and 8.1% QoQ
- Net profit and EPS: ₹34.75 crore, up 39.8% YoY; basic EPS ₹5.82
- Finance costs: ₹2.11 crore, up 84.3% YoY and 62.4% QoQ
- Interim dividend: ₹2 per share, 100% of face value, payout ₹11.52 crore
Standalone
The company on its own, without its subsidiaries
- Total income: ₹148.06 crore, up 21.2% YoY and 9.5% QoQ
- Net profit and EPS: ₹29.81 crore, up 40.8% YoY; basic EPS ₹4.98
- Finance costs: ₹1.53 crore, up 101.8% YoY and 66.5% QoQ
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 200.76 | 141.00 | +42.4% | 185.80 | +8.1% | |
| Revenue from operations | 197.79 | 137.40 | +43.9% | 182.20 | +8.6% |
| Other income | 2.97 | 3.60 | -17.4% | 3.60 | -17.5% |
| 34.75 | 24.85 | +39.8% | 33.12 | +4.9% | |
| Profit before tax | 46.80 | 32.44 | +44.3% | 43.99 | +6.4% |
| Finance costs | 2.11 | 1.14 | +84.3% | 1.30 | +62.4% |
| Depreciation | 5.41 | 3.36 | +60.9% | 3.96 | +36.8% |
| Tax expense | 12.05 | 7.58 | +58.9% | 10.87 | +10.9% |
| Net profit margin | 17.31% | 17.63% | -0.32 pp | 17.83% | -0.52 pp |
| EPS, basic (₹) | 5.82 | 4.27 | +36.3% | 5.73 | +1.6% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
The company operates in one reportable segment, process and product engineering, so the results carry no segment split.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 148.06 | 122.14 | +21.2% | 135.25 | +9.5% | |
| Revenue from operations | 144.91 | 118.42 | +22.4% | 131.81 | +9.9% |
| Other income | 3.15 | 3.72 | -15.4% | 3.45 | -8.7% |
| 29.81 | 21.17 | +40.8% | 26.51 | +12.4% | |
| Profit before tax | 40.53 | 28.31 | +43.2% | 35.59 | +13.9% |
| Finance costs | 1.53 | 0.76 | +101.8% | 0.92 | +66.5% |
| Depreciation | 4.35 | -2.85 | n/a | 3.36 | +29.5% |
| Tax expense | 10.73 | 7.14 | +50.3% | 9.08 | +18.1% |
| Net profit margin | 20.13% | 17.33% | +2.80 pp | 19.60% | +0.53 pp |
| EPS, basic (₹) | 4.98 | 3.63 | +37.2% | 4.58 | +8.7% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 40.8% to ₹29.81 crore, faster than total income, which rose 21.2%. Profit before tax rose 43.2% to ₹40.53 crore, and tax expense rose 50.3% to ₹10.73 crore.
The standalone depreciation line for the year-earlier quarter is printed as a negative figure of ₹-2.85 crore, which makes the year-on-year change in that line not meaningful. Against the June 2026 quarter, depreciation rose 29.5% to ₹4.35 crore.
The filing does not say whether the negative year-earlier depreciation figure is a printing error, and the standalone statement shows no exceptional item for the quarter.
Inference
The Board declared an interim dividend of ₹2 per share, with a total payout of ₹11.52 crore and a record date of 13 Nov 2026, to be paid or dispatched on or before 03 Dec 2026.
The Board also proposed a 2:1 bonus issue, capitalising up to ₹23.04 crore from retained earnings, and an increase in authorised share capital from ₹15 crore to ₹40 crore, both subject to shareholder approval at an extraordinary general meeting on 16 Dec 2026. The bonus record date will be announced in due course.
The filing does not say who will replace the Company Secretary, whose resignation takes effect on 07 Dec 2026, or the name and reason for the incoming CFO, who is expected to join in January 2027. The restructuring of the subsidiary's bank borrowings is also not detailed.
Filed with BSE on . Reference: Original filing (PDF)
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