Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Shivalik Bimetal
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 124 | 127 | 128 | 126 | 128 | 126 | 127 | 123 | 132 | 137 | 137 | 134 | 163 |
| Expenses + | 96 | 97 | 99 | 101 | 106 | 102 | 100 | 99 | 104 | 105 | 106 | 102 | 127 |
| Operating Profit | 28 | 30 | 29 | 25 | 22 | 24 | 27 | 25 | 28 | 32 | 31 | 32 | 35 |
| OPM % | 23% | 24% | 23% | 20% | 17% | 19% | 21% | 20% | 22% | 23% | 23% | 24% | 22% |
| Other Income + | 2 | 2 | 2 | 2 | 16 | 4 | 3 | 4 | 4 | 3 | 6 | 2 | 4 |
| Interest | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 26 | 28 | 27 | 23 | 33 | 24 | 27 | 24 | 28 | 30 | 32 | 30 | 35 |
| Tax % | 16% | 24% | 26% | 26% | 23% | 24% | 25% | 25% | 26% | 25% | 23% | 25% | 25% |
| Net Profit + | 22 | 21 | 20 | 17 | 26 | 18 | 20 | 18 | 21 | 23 | 25 | 22 | 26 |
| EPS in Rs | 3.73 | 3.69 | 3.53 | 2.94 | 4.46 | 3.09 | 3.46 | 3.17 | 3.65 | 3.95 | 4.31 | 3.85 | 4.52 |
Financials of Shivalik Bimetal
Annual income statement trend
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 95 | 109 | 119 | 158 | 193 | 187 | 204 | 324 | 470 | 509 | 508 | 571 |
| Expenses + | 85 | 95 | 100 | 132 | 158 | 166 | 168 | 251 | 361 | 403 | 405 | 440 |
| Operating Profit | 10 | 14 | 19 | 26 | 36 | 21 | 36 | 73 | 109 | 106 | 104 | 131 |
| OPM % | 11% | 13% | 16% | 16% | 18% | 11% | 18% | 23% | 23% | 21% | 20% | 23% |
| Other Income + | 2 | 0 | 2 | 5 | 7 | 5 | 6 | 9 | 11 | 22 | 14 | 15 |
| Interest | 4 | 4 | 3 | 3 | 4 | 3 | 2 | 3 | 7 | 5 | 4 | 5 |
| Depreciation | 3 | 4 | 5 | 5 | 5 | 6 | 6 | 6 | 11 | 12 | 12 | 14 |
| Profit before tax | 5 | 6 | 14 | 23 | 34 | 17 | 34 | 73 | 102 | 112 | 103 | 127 |
| Tax % | 50% | 42% | 40% | 27% | 29% | 22% | 26% | 25% | 23% | 25% | 25% | 24% |
| Net Profit + | 3 | 3 | 8 | 17 | 25 | 13 | 25 | 55 | 79 | 84 | 77 | 96 |
| EPS in Rs | 0.47 | 0.58 | 1.43 | 2.87 | 4.28 | 2.34 | 4.43 | 9.57 | 13.73 | 14.63 | 13.38 | 16.64 |
| Dividend Payout % | 42% | 0% | 12% | 14% | 9% | 9% | 9% | 7% | 9% | 12% | 20% | 24% |
Financials of Shivalik Bimetal
Capital structure and asset base
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 8 | 8 | 8 | 8 | 8 | 12 | 12 | 12 | 12 |
| Reserves | 42 | 51 | 65 | 75 | 97 | 108 | 132 | 184 | 254 | 330 | 394 | 470 |
| Borrowings + | 41 | 47 | 29 | 36 | 45 | 25 | 28 | 58 | 59 | 42 | 42 | 61 |
| Other Liabilities + | 30 | 23 | 18 | 28 | 27 | 23 | 53 | 58 | 66 | 59 | 60 | 94 |
| Total Liabilities | 116 | 125 | 116 | 147 | 176 | 163 | 221 | 308 | 390 | 443 | 508 | 636 |
| Fixed Assets + | 37 | 41 | 43 | 45 | 45 | 45 | 46 | 79 | 118 | 120 | 137 | 151 |
| CWIP | 3 | 4 | 4 | 5 | 6 | 18 | 25 | 8 | 7 | 14 | 24 | 34 |
| Investments | 0 | 1 | 7 | 8 | 11 | 11 | 13 | 17 | 8 | 11 | 13 | 16 |
| Other Assets + | 76 | 78 | 61 | 89 | 115 | 88 | 137 | 205 | 258 | 298 | 334 | 435 |
| Total Assets | 116 | 125 | 116 | 147 | 176 | 163 | 221 | 308 | 390 | 443 | 508 | 636 |
Financials of Shivalik Bimetal
Operating, investing and financing cash movement
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 16 | 12 | 6 | 4 | 41 | 30 | -3 | 66 | 69 | 94 | 55 |
| Cash from Investing Activity + | -7 | -2 | -3 | -7 | -7 | -14 | -15 | -24 | -41 | -18 | -58 | -68 |
| Cash from Financing Activity + | 4 | -6 | -17 | 1 | 3 | -27 | 0 | 23 | -18 | -29 | -26 | -0 |
| Net Cash Flow | -1 | 8 | -8 | 0 | 0 | -0 | 15 | -5 | 7 | 21 | 10 | -14 |
| Free Cash Flow | -5 | 14 | 9 | -2 | -2 | 27 | 15 | -28 | 35 | 49 | 64 | 20 |
| CFO/OP | 37% | 125% | 88% | 40% | 35% | 228% | 103% | 19% | 85% | 90% | 114% | 65% |
Financials of Shivalik Bimetal
Working capital efficiency and return ratios
| Mar 2011 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 106 | 88 | 81 | 78 | 65 | 60 | 77 | 67 | 72 | 82 | 80 | 99 |
| Inventory Days | 221 | 150 | 153 | 182 | 264 | 172 | 253 | 260 | 196 | 165 | 166 | 179 |
| Days Payable | 115 | 46 | 48 | 78 | 56 | 41 | 127 | 95 | 63 | 50 | 49 | 65 |
| Cash Conversion Cycle | 212 | 192 | 187 | 181 | 273 | 192 | 202 | 232 | 206 | 196 | 197 | 213 |
| Working Capital Days | 181 | -1 | 68 | 86 | 105 | 108 | 92 | 104 | 109 | 125 | 121 | 128 |
| ROCE % | 12% | 16% | 24% | 28% | 14% | 23% | 36% | 38% | 33% | 26% | 27% |
PAT growth seen with recent quarters growing by ~85% YoY, indicating strong earnings momentum. Key concall takeaways from Rathi Steel & Power Ltd's Q1 FY27…
SKP is steadily increasing capacity from about 80-100 tons earlier to around 1,800 tons now, operating at ~80% utilization (Page 20). Key concall takeaways…
Q1 FY27 showed strong profitability with EBITDA margin improving to 16.29% and net profit margin to 9.18%. Key concall takeaways from Mitsu Chem Plast Ltd's Q1…
Current capacity expansion planned for 300-350 crores revenue, further growth through organic or inorganic expansion. Key concall takeaways from Simplex…