Shivalik Bimetal Q1 FY27: Revenue up 33%, PAT 45%

Performance snapshot for the June quarter

Shivalik Bimetal Controls Limited reported strong consolidated results for Q1 FY27 (quarter ended June 30, 2026), with double-digit year-on-year growth in both revenue and net profit. Consolidated revenue from operations rose to ₹182.20 crore, while consolidated net profit increased to ₹33.01 crore. The company’s update also highlighted steady demand in its key bimetal and shunt resistor segments.

Alongside the financial numbers, investors are also tracking two non-financial developments. The company received the long-awaited regulatory clearance for its Pune facility in the form of a CTO (consent to operate), which it flagged as an operational milestone. At the same time, it disclosed a senior management change, with its CFO set to step down later in FY27.

Q1 FY27 consolidated results: revenue and profit jump

For Q1 FY27, consolidated revenue from operations stood at ₹182.20 crore. In the year-ago period (Q1 FY26), consolidated revenue was ₹137 crore. That implies a year-on-year increase of about ₹45 crore, translating to roughly 32.85% growth.

On the bottom line, consolidated net profit for Q1 FY27 came in at ₹33.01 crore compared with ₹22.8 crore in Q1 FY26. This is an increase of about ₹10.2 crore year-on-year, or roughly 44.74%. The larger rise in profit relative to revenue indicates improved earnings momentum during the quarter, as reflected in the company’s reported performance.

Demand across bimetal and shunt resistor segments

The company’s quarterly commentary pointed to steady demand across key bimetal and shunt resistor segments. These segments are closely tracked because they are core to Shivalik Bimetal’s operating profile and typically influence the pace of revenue growth.

While the disclosure did not break down segment-wise revenues in detail, it linked the quarter’s growth to demand strength and execution. The update positioned the quarter as a robust start to FY27, with the company highlighting the scale of year-on-year expansion in both top line and bottom line.

Pune facility: regulatory clearance as an operational milestone

A major operational update in the quarter was the receipt of the Pune facility CTO. The company described this as a long-awaited regulatory clearance and an important milestone.

For investors, such clearances matter because they reduce operational uncertainty around new capacity or new facilities. The company also noted the CTO as a near-term positive catalyst alongside the strong Q1 FY27 financial performance.

Standalone performance: a look at the base business

In addition to consolidated numbers, Shivalik Bimetal also disclosed standalone results for Q1 FY27. Standalone revenue for the quarter was ₹131.81 crore, and standalone net profit was ₹26.40 crore.

The standalone figures are useful for separating the performance of the core entity from consolidated reporting. In this quarter, both standalone revenue and profit remained materially lower than consolidated numbers, consistent with the presence of consolidation-level contributions.

EPS update: consolidated stays ahead of standalone

Earnings per share (EPS) for Q1 FY27 was reported at ₹4.58 on a standalone basis and ₹5.73 on a consolidated basis. The difference indicates that consolidated profitability per share was higher than standalone in this period.

These per-share figures, combined with the year-on-year increase in consolidated profit, are likely to be watched closely in management commentary, especially around how the company plans to sustain earnings momentum through FY27.

Key numbers at a glance

Corporate actions and management changes in focus

The company disclosed that its Chief Financial Officer, Mr. Rajeev Ranjan, has resigned, with his last working day set as October 31, 2026. Management changes at the finance leadership level are typically tracked for continuity in reporting, controls, and capital allocation.

Separately, Shivalik Bimetal fixed August 26, 2026 as the record date for the final dividend for FY 2025-26. Investors holding shares on the record date are generally eligible for the announced dividend, subject to the company’s stated terms.

The company is also scheduled to hold an earnings call on August 7, 2026 to review Q1 FY27 results. Such calls are closely watched for business updates that are not fully captured in the headline financials.

Key upcoming dates

Valuation snapshot and external estimates mentioned

The stock was cited as trading at a P/E of 37.5 with a market capitalisation of ₹3,430 crore. These valuation markers offer context on how the market is pricing growth and profitability.

The article also referenced external estimates and forecasts. It cited a Q1 FY27 estimate range of ₹158-182 crore for revenue and ₹25-32 crore for PAT, placing the reported consolidated performance near the upper end of that range. Separately, it referenced a 12-month target range of ₹867-963 from Uniresearch estimates, and noted that an analyst forecast projected revenues of ₹693 crore in 2027 along with expected EPS of ₹21.00.

What investors may track from here

After a quarter where consolidated revenue rose about 32.85% and net profit increased about 44.74% year-on-year, the next set of investor questions will likely centre on operational execution. The Pune facility CTO is a key milestone, and investors may look for clarity on its role in future operations.

At the same time, the CFO transition and any related finance leadership updates will stay on the watchlist, given the importance of stability in reporting and governance. Immediate attention is likely to shift to the August 7, 2026 earnings call for management’s commentary on demand conditions and priorities for FY27.