Shivalik Bimetal Controls Limited — Investor Meet, 05-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Shivalik Bimetal Controls saw FY25 revenue dip 2.7%, but strong cost control lifted EBITDA margin to 22.28% and PBT margin above 20%, with ₹84.7 Cr profit before tax and zero net debt. Shunt resistors led 30%+ growth in India, driven by smart meters, e-mobility, and industrial controls, while bimetal showed Q4 recovery from Asia and the US. FY26 revenue is expected up 15–18%, led by smart meters (+50%) and exports around 55–58%. Forward integration products could boost EBITDA margin toward 40–50%. Management remains confident on growth, innovation, and operational efficiency amid evolving market dynamics.