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AlphaStreet Analysis

Shivalik Bimetals Controls Ltd Q4FY23 results out, revenue grows by 11%

earnings preview

Shivalik Bimetal Controls Ltd. is a company specialized in the joining of material through various methods such as Diffusion Bonding / Cladding, Electron Beam Welding, Solder Reflow and Resistance Welding. Our present program includes Thermostatic Bimetal, Clad Metal, Spring Rolled stainless Steels, Electron Beam Welded Material with multi- Gauge and Multi- Materials strips and Thermostatic Edge- Welded Strips for a board spectrum of industries. 

  • Shivalik Bimetals Controls Ltd reported Total revenue for Q4 FY23 of ₹124 Crore, up from ₹89 Crore year on year depicting a growth of 39%.
  • Total Expenses for Q4 FY23 of ₹100 Crore up, from ₹73 Crore year on year, a growth of 37%. 
  • Consolidated Net Profit of ₹21 Crore, up 50% from ₹14 Crore in the same quarter of the previous year. 
  • The Earnings per Share is ₹3.73, up 47% from ₹2.54 in the same quarter of the previous year.
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