SBCL

Track this name

Shivalik Bimetal Controls Limited

Capital GoodsIndustrial ProductsSmall capModerate edge

Track this name

The storyHigher-value components

The Pune ramp-up and smart-meter surge are the story, but with capacity at ~60% and inventory days stretched, the rich price already banks the operating leverage.

Overall read

6.2/10

Priced for it

The three reads · this quarter

The standing reads · change less often

Moat

Moderate edge

Dual-process technology fortress (EBW + diffusion bonding) creates a narrow but defensible moat.

Key variables

3 tracked

lead: Capacity utilization (overall)

Utilisation has been range-bound as new capacity added ahead of demand; management expects to reach 75-80% as growth initiatives materialise, providing significant operating leverage without major capex.

Walk the talk

Weak

as of Q1 FY27

SBCL

Track this name

Shivalik Bimetal Controls Limited

Capital GoodsIndustrial ProductsSmall cap

Track this name

The storyHigher-value components

The Pune ramp-up and smart-meter surge are the story, but with capacity at ~60% and inventory days stretched, the rich price already banks the operating leverage.

Overall read

6.2/10

Priced for it

The three reads · this quarter

SBCL

Track this name

Shivalik Bimetal Controls Limited

Capital GoodsIndustrial ProductsSmall capModerate edge

Track this name

The storyHigher-value components

The Pune ramp-up and smart-meter surge are the story, but with capacity at ~60% and inventory days stretched, the rich price already banks the operating leverage.

Overall read

6.2/10

Priced for it

Where it sits

#63/146TOP 43%

Where it sits

The three reads · this quarter

Moat

Moderate edge

Dual-process technology fortress (EBW + diffusion bonding) creates a narrow but defensible moat.

Key variables

3 tracked

lead: Capacity utilization (overall)

Walk the talk

Weak

as of Q1 FY27

Growth readSolidbase 20-25% · Rank 45/100

Pune facility ramp-up is the key growth catalyst, targeting ₹300-400 crore revenue in 3 years.

bear 12-15%base 20-25%bull >30%

0.6RICH

Valuation readRichly pricedpriced 2 days ago

Expensive on its own multiples, and the price banks on growth above anything it has delivered.

EV/EBITDA vs own history · stretchedP/B vs own history · expensive