Integrated Filing — IndAS



General information about company

Scrip Code 513097
NSE Symbol SBCL
MSEI Symbol NOTLISTED
ISIN INE386D01027
Name of company SHIVALIK BIMETAL CONTROLS LIMITED
Type of company SME
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 18-05-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 11-05-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Process and Product Engineering
Start date and time of board meeting 18-05-2026   12:00:00
End date and time of board meeting 18-05-2026   16:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 16,263.01 57,086.07
Other income 340.80 1,227.28
Total income 16,603.81 58,313.35
2 Expenses
(a) Cost of materials consumed 9,545.78 32,483.41
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (260.33) (1,205.88)
(d) Employee benefit expense 1,436.07 5,415.79
(e) Finance costs 120.38 469.20
(f) Depreciation, depletion and amortisation expense 365.40 1,382.02
(f) Other Expenses
1 Other Expenses 1,994.45 7,320.27
Total other expenses 1,994.45 7,320.27
Total expenses 13,201.75 45,864.81
3 Total profit before exceptional items and tax 3,402.06 12,448.54
4 Exceptional items 0.00 (92.06)
5 Total profit before tax 3,402.06 12,356.48
6 Tax expense
7 Current tax 848.55 3,037.25
8 Deferred tax 4.48 68.76
9 Total tax expenses 853.03 3,106.01
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 2,549.03 9,250.47
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 55.70 335.38
16 Total profit (loss) for period 2,604.73 9,585.85
17 Other comprehensive income net of taxes 9.20 (0.84)
18 Total Comprehensive Income for the period 2,613.93 9,585.01
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,152.08 1,152.08
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 46,982.64
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.54 16.64
Diluted earnings (loss) per share from continuing operations 4.54 16.64
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.54 16.64
Diluted earnings (loss) per share from continuing and discontinued operations 4.54 16.64
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meeting(s) held on 18th May, 2026. The Statutory Auditors of the Company have carried out the Audit of the above results and have expressed an unmodified report thereon. 2. These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards (Ind-AS) notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including relevant circulars issued by SEBI form time to time. 3. The Board of Directors of parent Company at their meeting held on 18th May, 2026 have recommended a final Dividend of Rs. 2/- per equity shares of the face value of Rs. 2/- each, subject to the approval of the shareholders in the ensuing Annual General Meeting. With this, the total dividend for the year (including interim dividend of Rs. 2.00/- per equity share paid during the year) is Rs. 4/- per share. 4. On November 21, 2025, the Government of India has consolidated multiple existing labour legislation into a unified framework thereby consolidating four Labour Codes - The Code on Wages, 2019, the industrail Relations Code, 2020, Social Security Code, 2020, and the Occupational, Safety, Health and working conditions code, 2020, collectively referred to as the New Labour Codes. The enactment of these codes resulted in changes to the computation of certain employee benefits. In accordance with Ind AS 19 and the guidance provided by the institute of Chartered Accountant of India, The group has accessed and disclosed the incremental impact of these changes based on the best information available. Employee benefits - the group has recognised one-time expense of Rs. 75.17 lakhs towards the increase in the gratuity liability and Rs. 16.89 Lakhs towards the increase in compensated absence. Considering the materiality, regulatory driven and non-recurring nature of the impact, the group has presented such incremental impact under Exceptional Item in the consolidated financial results for the quarter ended Decemeber 31, 2025 and year ended March 31, 2026. The Group continues to monitor finalization of related rules by the Government and other related aspects of the New labour Codes and will provide appropriate account for such changes as needed. 5. As the Group's activities involve predominantly one business segment i.e., Process and Product Engineering, which are considered to be a single primary business segment, therefore the disclosure requirement of Ind AS-108, operating segements is not applicable. 6. The results for the quarter and year ended 31st March, 2026 are available on the Bombay Stock Exchange website (URL: www.bseindia.com), the National Stock Exchange website (URL: www.nseindia.com) and on the Company's website (URL: https//www.shivalikbimetals.com/) 7. The figures for the previous periods have been regrouped/rearranged, wherever necessary to conform to the current period's classification. 8. The figures for the quarter ended 31st March, 2026, and the corresponding quarter ended in the previous year, as reported in these consolidated financial results, are the balancing figures between the audited figures in respect of the full financial year and the unaudited published year to date figures upto the end of 3rd quarter of the relevant financial year. The consolidated figures upto the end of 3rd quarter have been subjected to the limited reveiw.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 31-03-2026
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 14,307.45
Capital work-in-progress 3,382.92
Investment property 191.86
Goodwill 203.33
Other intangible assets 252.86
Intangible assets under development 102.88
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 1,620.82
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Other non-current financial assets 187.54
Total of other non-current financial assets 187.54
Total non-current financial assets 1,808.36
Deferred tax assets (net)
Other non-current assets
1 Other non-current assets 460.30
Total of other non-current assets 460.30
Total non-current assets 20,709.96
2 Current assets
Inventories 15,302.71
Current financial asset
Current investments 0.00
Trade receivables, current 15,554.66
Cash and cash equivalents 698.40
Bank balance other than cash and cash equivalents 9,771.14
Loans, current 0.00
Other current financial assets
Total of other current financial assets 68.62
Total current financial assets 26,092.82
Current tax assets (net)
Other current assets
1 Other current assets 1,492.21
Total of other current assets 1,492.21
Total current assets 42,887.74
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 63,597.70
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,152.08
Other equity 46,982.64
Total equity attributable to owners of parent 48,134.72
Non controlling interest
Total equity 48,134.72
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 1,181.98
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
1 Lease Liabilities 1,059.23
Total of other non-current financial liabilities 1,059.23
Total non-current financial liabilities 2,241.21
Provisions, non-current 180.78
Deferred tax liabilities (net) 668.50
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 3,090.49
Current liabilities
Current financial liabilities
Borrowings, current 4,756.62
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 371.58
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 5,216.41
Total Trade payable 5,587.99
Other current financial liabilities
1 Lease Liabilities 115.77
2 Other current financial liabilities 924.89
Total of other current financial liabilities 1,040.66
Total current financial liabilities 11,385.27
Other current liabilities 816.35
1 Other current liabilities 816.35
Total of other current liabilities 816.35
Provisions, current 146.75
Current tax liabilities (Net) 24.12
Deferred government grants, Current
Total current liabilities 12,372.49
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 15,462.98
Total equity and liabilites 63,597.70
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-01-2026 01-04-2025
Date of end of reporting period 31-03-2026 31-03-2026
Whether results are audited or unaudited Audited Audited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-01-2026 01-04-2025
B Date of end of reporting period 31-03-2026 31-03-2026
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (8.29) 2.27
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (0.91) (1.43)
5 Total Other comprehensive income 9.20 (0.84)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 31-03-2026
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 12,356.48
Adjustments for reconcile profit (loss)
Adjustments for finance costs 552.46
Adjustments for decrease (increase) in inventories (2,180.10)
Adjustments for decrease (increase) in trade receivables, current (4,045.18)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (920.12)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 1,660.96
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,382.02
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 90.73
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 401.55
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (154.42)
Adjustments for dividend income 0.40
Adjustments for interest income 617.51
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (19.06)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 31.40
Other adjustments for non-cash items (8.17)
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (3,825.84)
Net cash flows from (used in) operations 8,530.64
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 3,042.02
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 5,488.62
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 19.36
Purchase of property, plant and equipment 3,458.08
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.40
Interest received 617.51
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (4,020.43)
Net cash flows from (used in) investing activities (6,841.24)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 2,767.24
Repayments of borrowings 211.25
Payments of lease liabilities 135.71
Dividends paid 2,004.41
Interest paid 458.28
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (42.41)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (1,395.03)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.51
Net increase (decrease) in cash and cash equivalents (1,394.52)
Cash and cash equivalents cash flow statement at beginning of period 2,092.92
Cash and cash equivalents cash flow statement at end of period 698.40





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Arora Gupta & Co. Yes 31-12-2028