Shivalik Bimetal Controls Ltd - Stock Valuation and Financial Performance

BSE: 513097 | NSE: SBCL | Metal - Non Ferrous | Small Cap

Shivalik Bimetal Share Price

602 -15.65 -2.53%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on Shivalik Bimetal

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

Shivalik Bimetal Controls stock performance -

mw4me loader
P/E Ratio (SA):
45.17
Market Cap:
3,467.8 Cr.
52-wk low:
460.9
52-wk high:
728.9

Is Shivalik Bimetal Controls Ltd an attractive stock to invest in?

1. Is Shivalik Bimetal Controls Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Shivalik Bimetal Controls Ltd is a average quality company.

2. Is Shivalik Bimetal Controls Ltd undervalued or overvalued?

The key valuation ratios of Shivalik Bimetal Controls Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Shivalik Bimetal Controls Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Shivalik Bimetal Controls Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Shivalik Bimetal:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shivalik Bimetal Controls Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 11.6%9.8%15.9%22.8%26.6%13.4%22.3%35.3%37.8%33.8%-
Value Creation
Index
-0.2-0.30.10.60.9-0.10.61.51.71.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 95.298.9119158193187204324420449441
Sales YoY Gr.-3.8%20.2%32.9%22.5%-3.2%8.8%59%29.7%6.9%-
Adj EPS 0.80.71.32.63.61.93.98.51213.413.3
YoY Gr.--20.2%89.6%101.6%40.2%-48.5%108.7%120%40.9%12.4%-
BVPS (₹) 10.611.312.414.818.3202432.544.356.962.1
Adj Net
Profit
4.83.97.314.720.710.722.248.968.977.477
Cash Flow from Ops. 2.715.511.75.63.841.229.5-3.561.267.9-
Debt/CF from Ops. 16.12.72.46.411.90.61-16.60.90.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.8%18.4%30.2%6.9%
Adj EPS 36.1%30.2%51.6%12.4%
BVPS20.6%25.5%33.4%28.6%
Share Price 49.9% 85.4% 33% 12.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
8.36.110.718.821.79.717.530.131.226.622.4
Op. Profit
Mgn %
16.113.71616.218.411.117.722.724.922.821.2
Net Profit
Mgn %
5.13.96.29.310.75.710.915.116.417.217.4
Debt to
Equity
0.70.70.40.40.40.20.20.30.20.10
Working Cap
Days
231231177165188195188177178183111
Cash Conv.
Cycle
12013211910913114912410311913486

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 30.18%

Net Profit is growing at healthy rate in last 3 years 51.57%

Return on Equity has declined versus last 3 years average to 22.40%

Sales growth is not so good in last 4 quarters at -0.47%

Latest Financials - Shivalik Bimetal Controls Ltd.

Standalone Consolidated
TTM EPS (₹) 13.3 14
TTM Sales (₹ Cr.) 441 507
BVPS (₹.) 62.1 64.8
Reserves (₹ Cr.) 352 362
P/BV 9.70 9.29
PE 45.17 43.13
From the Market
52 Week Low / High (₹) 460.90 / 728.90
All Time Low / High (₹) 0.30 / 730.00
Market Cap (₹ Cr.) 3,468
Equity (₹ Cr.) 11.5
Face Value (₹) 2
Industry PE 17.5

Management X-Ray of Shivalik Bimetal:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Shivalik Bimetal

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales9599119158193187204324420449
Operating Expenses 8085100132158166168251315347
Manufacturing Costs56910111016192930
Material Costs5658628196107101161206235
Employee Cost 10121214172022273438
Other Costs 891626342928444644
Operating Profit 1514192636213673105102
Operating Profit Margin (%) 16.1%13.7%16.0%16.2%18.4%11.1%17.7%22.7%24.9%22.8%
Other Income 01245445820
Interest 3433432374
Depreciation 34555666810
Exceptional Items -1000000000
Profit Before Tax 8614223216337098108
Tax 3256949182527
Profit After Tax 54916231324527381
PAT Margin (%) 5.2%4.2%7.3%10.1%11.9%6.8%11.9%16.0%17.4%18.1%
Adjusted EPS (₹)0.90.71.52.84.02.24.29.012.714.1
Dividend Payout Ratio (%)0%0%11%14%10%9%10%7%9%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 61657185106115138187255328
Share Capital 444888881212
Reserves 5761677898108131180243316
Minority Interest0000000000
Debt39372530402023504124
Long Term Debt9557710815218
Short Term Debt30322023331014352016
Trade Payables136817151235423532
Others Liabilities 15181315161422223124
Total Liabilities 127127118148176162218302362408

Fixed Assets

Gross Block57586167707379119148158
Accumulated Depreciation22251822253035424854
Net Fixed Assets3533434545434477100104
CWIP 444561825837
Investments 181899101010102424
Inventories29232641695170115122116
Trade Receivables242426343531435980101
Cash Equivalents 08100016121738
Others Assets171671510810211619
Total Assets 127127118148176162218302362408

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 31512644129-36168
PBT 8614223216337098108
Adjustment 687989781511
Changes in Working Capital -103-5-20-2721-3-64-25-25
Tax Paid -2-2-5-5-9-6-8-17-26-26
Cash Flow From Investing Activity -5-2-3-7-7-14-15-24-37-14
Capex -18-2-3-7-6-14-13-22-27-17
Net Investments 0000-100000
Others 1400000-2-2-104
Cash Flow From Financing Activity 2-6-1713-27123-18-34
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0-4-24-13-1910-17
Interest Paid -3-4-3-3-4-3-2-3-7-4
Dividend Paid 00-1-2-3-2-1-3-5-8
Others 63-12311-24420-16-4
Net Cash Flow 08-800015-5620
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)8.446.5412.6620.4324.1911.5619.0531.9433.0327.84
ROCE (%)11.649.7915.9122.7726.5713.3622.3435.2737.7533.8
Asset Turnover Ratio0.840.831.031.21.191.111.071.251.271.17
PAT to CFO Conversion(x)0.63.751.330.380.173.151.21-0.060.840.84
Working Capital Days
Receivable Days83837369646466586073
Inventory Days8690727610411710810410397
Payable Days68594257614585876852

Shivalik Bimetal Controls Ltd Stock News

Shivalik Bimetal Controls Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Shivalik Bimetal on 20-Dec-2024 16:59 is ₹602.0.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 20-Dec-2024 16:59 the market cap of Shivalik Bimetal stood at ₹3,467.8.
The latest P/E ratio of Shivalik Bimetal as of 20-Dec-2024 16:59 is 45.17.
The latest P/B ratio of Shivalik Bimetal as of 20-Dec-2024 16:59 is 9.70.
The 52-week high of Shivalik Bimetal is ₹728.9 and the 52-week low is ₹460.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shivalik Bimetal is ₹440.7 ( Cr.) .

About Shivalik Bimetal Controls Ltd

Shivalik Bimetal Controls Ltd. (SBCL) was incorporated on June 18, 1984 and was converted into a public limited company on February 14, 1985 with the purpose of setting up manufacturing facilities for thermostatic bimetal strips.

Shivalik is a company specialized in the joining of materials through various methods such as diffusion bonding / cladding, electron beam welding, solder reflow and resistance welding. Their present program includes thermostatic bimetal, clad metal, spring rolled stainless steels, electron beam welded material with multi - gauge and multi - material strips and thermostatic edge - welded strip for a broad spectrum of industries.

The company has established itself as the largest manufacturer of thermostatic bimetal strips in India. The company's market share in the production of thermostatic bimetal strips is above 65%. The company also manufactures components which use thermostatic bimetal strips.

Shivalik has been a single vendor to many prestigious OEMs since 1986. They have met the most stringent of demands from many large global companies. The company invites to use their specialized knowledge and experience to add more reliability and quality to your products.   

Product range of the company includes:

  • Thermostatic Bimetal
  • CRT Component
  • Shunts
  • Solder Reflow Material
  • Precision Stainless Steel
  • Snap Action Disc

Achievements/ recognition:

  • ISO 9001: 2000 standards.
  • Shivalik Bimetal Controls Ltd. has a recognized in house R&D unit. The recognition has been awarded by Department of Scientific and Industrial Research, Ministry of Science and Technology, Government of India.
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