Shivalik Bimetal Controls Limited has delivered impressive financial performance in the third quarter of FY26, demonstrating strong operational efficiency and growth momentum. The company's Board of Directors, in their meeting held on February 5, 2026, approved the unaudited financial results and announced significant shareholder returns through interim dividend distribution.

Financial Performance Highlights

The company showcased robust financial metrics across both standalone and consolidated operations during Q3 FY26:

For the nine-month period ended December 31, 2025, the company maintained strong performance with consolidated revenue reaching ₹40,823.06 lakhs compared to ₹37,590.98 lakhs in the previous year, while consolidated net profit stood at ₹6,981.12 lakhs versus ₹5,600.37 lakhs in the corresponding period.

Dividend Declaration and Shareholder Returns

The Board declared an attractive interim dividend for shareholders:

The earnings per share for Q3 FY26 stood at ₹3.88 on a consolidated basis and ₹3.38 on a standalone basis, reflecting the company's strong profitability.

Strategic Expansion Initiative

Shivalik Bimetal Controls announced plans for establishing a new manufacturing facility in Pune, Maharashtra, marking a significant expansion in its operational capabilities:

The proposed facility will have substantial production capacity:

• Busbar Production: 1 million units per month
• Assembly Production: 40,000 units per month
• Market Coverage: Domestic and International markets

Corporate Guarantee and Subsidiary Support

The company provided corporate guarantee support to its wholly owned subsidiary, Shivalik Engineered Products Private Limited, for credit facilities totaling ₹7.00 crore from HDFC Bank. This includes ₹5.00 crore in working capital facilities and ₹2.00 crore in term loan facilities, demonstrating the company's commitment to supporting its subsidiary operations.

Exceptional Items and Regulatory Impact

During the quarter, the company recognized exceptional items worth ₹92.06 lakhs on a consolidated basis, primarily related to the implementation of New Labour Codes effective November 21, 2025. These one-time expenses included ₹75.17 lakhs for increased gratuity liability and ₹16.89 lakhs for compensated absence adjustments.

Business Outlook and Strategic Direction

The new Pune facility represents a strategic move toward forward integration and market expansion in e-mobility, energy storage, and related applications. This initiative will establish a new product line for the company, leveraging its existing engineering capabilities while addressing growing demand in the automotive sector. The company's focus on automotive busbars and connectors aligns with the increasing electrification trends in the automotive industry, positioning it well for future growth opportunities.

Shivalik Bimetal Controls has announced a significant expansion of its production capabilities, planning to add 1 million busbars to its monthly manufacturing capacity. This strategic move represents a major step forward in the company's growth trajectory and operational scaling efforts.

Investment Details

The expansion plan requires a substantial internal investment commitment from the company:

Production Enhancement

The planned capacity addition focuses specifically on busbar manufacturing, a critical component in electrical systems:

Strategic Implications

This expansion initiative demonstrates Shivalik Bimetal Controls' commitment to scaling its operations and enhancing production capabilities. The decision to fund the expansion through internal resources indicates the company's financial strength and confidence in market demand for its products.

The addition of 1 million busbars monthly represents a significant increase in manufacturing capacity, positioning the company to better serve existing customers and potentially capture new market opportunities in the electrical components sector.

Company Focus

Shivalik Bimetal Controls specializes in manufacturing electrical components, with busbars being a key product in their portfolio. These components play crucial roles in electrical distribution systems, making the expanded production capacity strategically important for meeting industrial demand.