SBCLIndustrials

Shivalik Bimetal Controls Limited

Iron & Steel Products · ISIN INE386D01027 · BSE 513097 · NSE EQ · FV ₹2
Last price
₹1,092
+3.29%today
What this company does

Shivalik Bimetal Controls Limited operates in Iron & Steel Products, part of the Industrials sector. It booked ₹182 cr of revenue in its latest quarter (Q1 FY27) and kept 18.1% of sales as profit.

In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
58

At close. Not part of the score.

Profitability & returns91

How much profit it earns on the money it employs

Balance sheet80

How much it owes, and whether earnings cover the interest

Cash quality61

Whether reported profit actually arrives as cash

Growth & consistency59

Whether sales and profit have grown, and how steadily

Valuation15

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 18% net margin
Sales up 33% vs last year
Profit up 45% vs last year
No promoter shares pledged
Strong 27% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in SBCL?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,092 +3.29%
latest close · 2026-09-17
1-year return
+833.7%
52-wk low ₹11152-wk high ₹1,216
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio47.6High
LowAverageHigh
P/B ratio13.07High
Below bookModerateHigh
EV / EBITDA33.9High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity27.4%Strong
WeakFairStrong ▸15%
Return on capital33.5%Strong
WeakFairStrong
Net margin18.1%Strong
ThinDecentStrong
EBITDA margin25.7%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.12Comfortable
LowModerateHigh ▸1
Interest cover33.1×Strong
RiskyOkayStrong ▸5×
Current ratio3.47Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹6,289 cr
Book value
₹84
EPS
₹5.73
latest quarter
Net debt
₹52 cr
owes more than its cash
Enterprise value
₹6,342 cr
EBITDA
₹187 cr
annualised
EBIT
₹171 cr
annualised
Operating margin
23.5%
Return on assets
20.8%
Earnings yield
2.10%
P/S
8.63
Sales / share
₹126.5
Tax rate
26.1%
Face value
₹2
Shares
5.8 cr
Working capital
₹305 cr
Current assets
₹429 cr
Current liabilities
₹124 cr
Delivery %
46.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹97₹160, midpoint ₹144

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹182 cr
Other Income₹3 cr
Total Income₹186 cr
Cost of Materials₹130 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-27 cr
Employee Benefit Expense₹15 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹21 cr
Total Expenses₹144 cr
Exceptional Items₹25.8 L
Profit before Tax₹42 cr
Tax Expense₹11 cr
Share of JV / Associates₹2 cr
Net Profit₹33 cr
Net margin on total income17.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹103 cr54.8%
Employee benefit expense₹15 cr8.1%
Finance costs₹1 cr0.7%
Depreciation & amortisation₹4 cr2.1%
Other expenses₹21 cr11.0%
Tax expense₹11 cr5.8%
Profit for the period₹33 cr17.6%
Total income ₹186 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue134 cr163 cr182 cr
Total income137 cr166 cr186 cr
Expenses107 cr132 cr144 cr
Profit before tax30 cr34 cr42 cr
Tax7 cr9 cr11 cr
Net profit (owners' share)22 cr26 cr33 cr
Net margin (owners' share, on revenue)16.5%16.0%18.1%
EPS (₹)3.884.545.73
YoY (latest quarter): total income +33.7% · net profit +44.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹636 cr
Shareholder equity
₹481 cr
parent shareholders
Total debt
₹59 cr
Cash
₹7 cr
Cash flow · H1 FY26
Operating
₹16 cr
Investing
₹-47 cr
Financing
₹10 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limited₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.37%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹2
ex 25 Aug 2026
ActionDetailEx-date
Dividend₹2 / share25 Aug 2026
Dividend₹2 / share13 Feb 2026
Dividend₹1.5 / share8 Sep 2025
Dividend₹1.2 / share20 Feb 2025
Dividend₹1 / share19 Sep 2024
Dividend₹0.7 / share16 Feb 2024
Who owns it · 2026-06-30
No pledge
Promoter
33.6%
FII / Foreign
2.0%
DII / Domestic
14.6%
Retail / others
49.8%
Promoter stake down 17.5% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtSumer Ghumman · Promoters86,750 · ₹3.4 cr30 Mar 26
BoughtKabir Ghumman · Promoters41,565 · ₹1.7 cr30 Mar 26
BoughtSirmaur Hospitality Private Limited · Promoters67,500 · ₹2.5 cr27 Mar 26
Bulk / block deals
short · NSE1,0203 Sep 26
short · NSE2,10511 Aug 26
short · NSE64,30310 Aug 26
Stake changes
BoughtSumer Ghumman · promoter→ 3.78% · 2,20011 Jun 26
SoldSBI Mutual fund under its Various Schemes→ 3.33% · 1.83 L26 May 26
BoughtSumer Ghumman · promoter→ 3.77% · 1,47022 May 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 2 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements (both Standalone and Consolidated Financial Statements) of the Company for the financial year ended March 31, 2026 together with Director’s Report and the Auditor’s Report thereon
Backed by 100% of shareholders other than promotersneeded 50%
46.04 L votes for, 63 against · 0% of mutual funds and other big investors said no
2
To confirm the payment of Interim Dividend and to declare Final Dividend on equity shares for the financial year ended March 31, 2026
Backed by 100% of shareholders other than promotersneeded 50%
46.04 L votes for, 63 against · 0% of mutual funds and other big investors said no
3
To appoint a director in place of Mr. Kabir Ghumman (DIN: 01294801), who retires by rotation and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
46.04 L votes for, 63 against · 0% of mutual funds and other big investors said no
4
Appointment of M/s Walker Chandiok & Co. LLP, as Statutory Auditor to fill the casual vacancy
Backed by 100% of shareholders other than promotersneeded 50%
46.04 L votes for, 174 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 33.6% between them · as of 2026-06-30
O D FINANCE AND INVESTMENT PRIVATE LIMITED15.73%
NARINDER SINGH GHUMMAN7.80%
KABIR GHUMMAN3.79%
SUMER GHUMMAN3.78%
TEJINDERJEET KAUR GHUMMAN1.60%
SIRMAUR HOSPITALITY PRIVATE LIMITED0.91%
MILLY GHUMMANno shares
SHANA GHUMMANno shares
Business done with them
FY2025 · 8 of the group
The company paid ₹24 cr to companies in the promoter group last year — about 4.8% of its ₹508 cr revenue and received ₹4 cr back from them.
ULTRA PORTFOLIO MANAGEMENT PRIVATE LIMITED
Other payments to them · Interest paid- Clean Loan Loan Availed Loan Repaid
₹10 cr
company paid
O D FINANCE AND INVESTMENT PRIVATE LIMITED
Other payments to them · Interest paid- Clean Loan Loan Availed Loan Repaid Shares Purchased
also owns 15.73% of the company
₹5 cr
company paid
ULTRA PORTFOLIO MANAGEMENT PRIVATE LIMITED
Other income from them · Interest paid- Clean Loan Loan Availed Loan Repaid
₹4 cr
company received
Narinder Singh Ghumman
Other payments to them · Remuneration
also owns 7.80% of the company
₹3 cr
company paid
Kabir Ghumman
Other payments to them · Remuneration
also owns 3.79% of the company
₹2 cr
company paid
Satinderjeet Singh Sandhu
Other payments to them · Remuneration
₹2 cr
company paid
Sumer Ghumman
Other payments to them · Rent Paid Acturial Benefits
also owns 3.78% of the company
₹1 cr
company paid
TSL HOLDINGS PRIVATE LIMITED
Other payments to them · Sharing of Expenses, Reimbursment of expenses and Rent
₹86 L
company paid
AMAR ENGINEERING COMPANY PRIVATE LIMITED
Other payments to them · Rent Paid Acturial Benefits
₹8.6 L
company paid

The company also transacted with 13 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.