Shivalik Bimetal Controls Ltd (SBCL) AI Stock Analysis

Shivalik Bimetal Controls Ltd

(NSE:SBCL)

Select Model

Rating:68Neutral

Price Target:INR 996.00▼(-3.21% Downside)

Action:downgraded

Date:08/11/26

The score is driven primarily by strong financial performance and a solid balance sheet, which are the biggest positives. However, the overall result is held back by expensive valuation and technically overextended momentum, while cash flow volatility prevents an even higher score.

Positive Factors

Profitable growthRevenue recovery alongside a meaningful increase in net income indicates that SBCL is expanding earnings rather than relying solely on cost reduction. Healthy net margins across prior periods provide a durable profitability base that can support reinvestment, resilience, and continued customer development.

Negative Factors

Volatile cash generationThe sharp decline in operating and free cash flow shows that reported earnings are not converting consistently into cash. Continued volatility could constrain internally funded expansion, increase reliance on financing, and make the timing and quality of future investment returns less predictable.

Shivalik Bimetal Controls Ltd (SBCL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 62.98B
Dividend Yield: 0.39%
Average Volume (3M): 38.58K
Price to Earnings (P/E): 55.0
Beta (1Y): 1.63
Revenue Growth: 18.79%
EPS Growth: 29.35%
Country: India
Employees: 514
Sector: General
Sector Strength: 55
Industry: Manufacturing - Metal Fabrication

Shivalik Bimetal Controls Ltd Business Overview & Revenue Model

Company Description

Shivalik Bimetal Controls Limited, an engineering enterprise established in New Delhi, India, in 1984, specializes in process and product innovation. The company's comprehensive product lineup includes thermostatic bimetal/trimetal strips, coils, and...

How the Company Makes Money

SBCL makes money primarily by manufacturing and selling bimetal- and metal-based engineered components to OEMs and component makers. Its revenue model is product-sales driven: (1) Sale of bimetal and clad/engineered strips and parts—SBCL supplies bim...

Shivalik Bimetal Controls Ltd Financial Statement Overview

Summary

Strong revenue growth, solid profitability, and a very healthy balance sheet support a high score. Cash flow is the main drag because free cash flow has been volatile and fell sharply in 2026 despite higher profits.

Income Statement

82Very Positive

Balance Sheet

88Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	6.16B	5.71B	5.08B	5.09B	4.70B	3.24B
Gross Profit	2.02B	1.90B	1.58B	1.47B	2.25B	1.57B
EBITDA	1.48B	1.31B	1.17B	1.25B	1.17B	780.37M
Net Income	1.06B	958.59M	770.55M	842.65M	791.03M	551.12M
Balance Sheet
Total Assets	0	6.36B	5.08B	4.43B	3.90B	3.08B
Cash, Cash Equivalents and Short-Term Investments	1.05B	970.84M	790.37M	388.23M	179.84M	112.23M
Total Debt	0	711.36M	419.51M	424.79M	586.65M	579.38M
Total Liabilities	-4.81B	1.55B	1.02B	1.01B	1.24B	1.16B
Stockholders Equity	4.81B	4.81B	4.06B	3.42B	2.65B	1.92B
Cash Flow
Free Cash Flow	-13.82M	214.36M	617.01M	467.15M	348.90M	-290.31M
Operating Cash Flow	186.02M	564.83M	929.90M	685.13M	658.24M	-34.76M
Investing Cash Flow	-470.65M	-745.91M	-607.14M	-183.88M	-431.08M	-241.78M
Financing Cash Flow	104.88M	41.59M	-225.68M	-292.08M	-184.93M	228.66M

Shivalik Bimetal Controls Ltd Technical Analysis

Technical Analysis SentimentPositive

Last Price1029.00

Price Trends

50DMA1061.60Negative

100DMA923.28Positive

200DMA717.22Positive

Market Momentum

MACD-19.88Positive

RSI48.08Neutral

STOCH74.04Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SBCL, the sentiment is Positive. The current price of 1029.00 is below the 20-day moving average (MA) of 1030.57, below the 50-day MA of 1061.60, and above the 200-day MA of 717.22, indicating a neutral trend. The MACD of -19.88 indicates Positive momentum. The RSI at 48.08 is Neutral, neither overbought nor oversold. The STOCH value of 74.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:SBCL.

Shivalik Bimetal Controls Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:SBCL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ROLEXRINGS	85Outperform	INR 42.71B	3.94	―	―	1.82%	-12.22%
IN:SANSERA	74Outperform	INR 256.80B	73.43	―	0.10%	23.49%	52.08%
IN:SBCL	68Neutral	INR 58.44B	55.02	―	0.39%	18.79%	29.35%
IN:BALUFORGE	66Neutral	INR 52.02B	18.22	―	0.03%	30.79%	22.38%
IN:MMFL	64Neutral	INR 23.18B	20.62	―	0.83%	9.58%	2.00%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SUNCLAY	43Neutral	INR 22.53B	9.00	―	0.43%	-3.88%	―

* General Sector Average

Performance Comparison

IN:SBCL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:SBCL	Shivalik Bimetal Controls Ltd	1014.45	551.96	119.34%
IN:BALUFORGE	Balu Forge Industries Ltd	442.30	-188.21	-29.85%
IN:MMFL	MM Forgings Limited	480.10	173.67	56.68%
IN:ROLEXRINGS	Rolex Rings Limited	162.80	42.25	35.05%
IN:SANSERA	Sansera Engineering Limited	4114.25	2587.24	169.43%
IN:SUNCLAY	Sundaram-Clayton Limited	1021.85	-541.15	-34.62%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 11, 2026

Shivalik Bimetal Controls Ltd AI Stock Analysis