Shivalik Bimetal Controls (513097) Q2 24/25 earnings summary

Executive summary

• Achieved consistent financial and operational performance, leveraging intellectual capital and advanced manufacturing to drive growth in niche markets such as EVs, smart metering, and energy management.

• Maintains a strong balance sheet with zero debt, significant R&D investments, and a global presence across 38+ countries.

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY25.

• Major board and management changes, including new appointments and resignations, were implemented as part of succession planning.

• Incorporation of a wholly owned subsidiary in Italy, Shivalik Bimetals Europe SRL, to expand European presence.

Financial highlights

• Q2FY25 consolidated revenue from operations was ₹126.65 crore, down 0.87% YoY; H1FY25 revenue was ₹252.63 crore, down 0.91% YoY.

• Q2FY25 PAT was ₹19.65 crore, down 2.47% YoY; H1FY25 PAT was ₹37.47 crore, down 9.54% YoY.

• Earnings per share (EPS) for Q2FY25 stood at ₹3.29 standalone and ₹3.41 consolidated.

• Total comprehensive income for H1FY25 was ₹3,527.82 lakhs standalone and ₹4,143.68 lakhs consolidated.

• 5-year CAGR (FY20–FY24): Revenue 24.48%, PBT 61.19%, PAT 58.00%, EPS 43.98%.

Outlook and guidance

• Focus on building strength in new niche applications and markets, expanding geographical reach, and maintaining R&D leadership.

• Expansion into Europe via new subsidiary aims to strengthen customer relations and market research in the region.

• Committed to margin improvements, cash flow positivity, and remaining debt-free.

• Positioned to benefit from global electrification trends, especially in EVs and smart metering.