Is Shivalik Bimetal Controls 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 .

Is Shivalik Bimetal Controls 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 .

What is Shivalik Bimetal Controls share price return in the past 10 years?

Shivalik Bimetal Controls Ltd share price has appreciated 48.1% annually (CAGR) over the past ten years.

Is Shivalik Bimetal Controls a good buy now?

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

What is the P/E ratio of Shivalik Bimetal Controls?

The latest standalone P/E ratio of Shivalik Bimetal Controls as of 21-Nov-2024 is 43.66.

What is the P/B ratio of Shivalik Bimetal Controls?

The latest standalone P/B ratio of Shivalik Bimetal Controls as of 21-Nov-2024 is 9.38.

What is the 52-week high and low of Shivalik Bimetal Controls?

The 52-week high of Shivalik Bimetal Controls is Rs. 728.90 and the 52-week low is Rs. 460.90.

Shivalik Bimetal Controls Ltd - Stock Valuation and Financial Performance

Name: Shivalik Bimetal Controls
Brand: Shivalik Bimetal Controls

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

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Shivalik Bimetal Share Price

₹561.75 -20.10 -3.45%
as on 21-Nov'24 16:59

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
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	-0.3	0.1	0.6	0.9	-0.1	0.6	1.5	1.7	1.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	95.2	98.9	119	158	193	187	204	324	420	449	441
Sales YoY Gr.	-	3.8%	20.2%	32.9%	22.5%	-3.2%	8.8%	59%	29.7%	6.9%	-
Adj EPS ⓘ	0.8	0.7	1.3	2.6	3.6	1.9	3.9	8.5	12	13.4	13.3
YoY Gr.	-	-20.2%	89.6%	101.6%	40.2%	-48.5%	108.7%	120%	40.9%	12.4%	-
BVPS (₹) ⓘ	10.6	11.3	12.4	14.8	18.3	20	24	32.5	44.3	56.9	62.1
Adj Net Profit ⓘ	4.8	3.9	7.3	14.7	20.7	10.7	22.2	48.9	68.9	77.4	77
Cash Flow from Ops. ⓘ	2.7	15.5	11.7	5.6	3.8	41.2	29.5	-3.5	61.2	67.9	-
Debt/CF from Ops. ⓘ	16.1	2.7	2.4	6.4	11.9	0.6	1	-16.6	0.9	0.5	-

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%
BVPSⓘ	20.6%	25.5%	33.4%	28.6%
Share Price	48.1%	83.1%	30.3%	3.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	8.3	6.1	10.7	18.8	21.7	9.7	17.5	30.1	31.2	26.6	22.4
Op. Profit Mgn % ⓘ	16.1	13.7	16	16.2	18.4	11.1	17.7	22.7	24.9	22.8	21.2
Net Profit Mgn % ⓘ	5.1	3.9	6.2	9.3	10.7	5.7	10.9	15.1	16.4	17.2	17.4
Debt to Equity ⓘ	0.7	0.7	0.4	0.4	0.4	0.2	0.2	0.3	0.2	0.1	0
Working Cap Days ⓘ	231	231	177	165	188	195	188	177	178	183	111
Cash Conv. Cycle ⓘ	120	132	119	109	131	149	124	103	119	134	86

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.) ⓘ	346	362
P/BV ⓘ	9.38	8.98
PE ⓘ	43.66	41.68

From the Market
52 Week Low / High (₹)	460.90 / 728.90
All Time Low / High (₹)	0.30 / 730.00
Market Cap (₹ Cr.)	3,352
Equity (₹ Cr.)	11.5
Face Value (₹)	2
Industry PE ⓘ	17.4

Management X-Ray of Shivalik Bimetal:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Shivalik Bimetal

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Shivalik Bimetal

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	95	99	119	158	193	187	204	324	420	449
Operating Expenses ⓘ	80	85	100	132	158	166	168	251	315	347
Manufacturing Costs	5	6	9	10	11	10	16	19	29	30
Material Costs	56	58	62	81	96	107	101	161	206	235
Employee Cost	10	12	12	14	17	20	22	27	34	38
Other Costs ⓘ	8	9	16	26	34	29	28	44	46	44
Operating Profit ⓘ	15	14	19	26	36	21	36	73	105	102
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 ⓘ	0	1	2	4	5	4	4	5	8	20
Interest ⓘ	3	4	3	3	4	3	2	3	7	4
Depreciation ⓘ	3	4	5	5	5	6	6	6	8	10
Exceptional Items ⓘ	-1	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	8	6	14	22	32	16	33	70	98	108
Tax ⓘ	3	2	5	6	9	4	9	18	25	27
Profit After Tax	5	4	9	16	23	13	24	52	73	81
PAT Margin (%)	5.2%	4.2%	7.3%	10.1%	11.9%	6.8%	11.9%	16.0%	17.4%	18.1%
Adjusted EPS (₹)	0.9	0.7	1.5	2.8	4.0	2.2	4.2	9.0	12.7	14.1
Dividend Payout Ratio (%)	0%	0%	11%	14%	10%	9%	10%	7%	9%	12%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	61	65	71	85	106	115	138	187	255	328
Share Capital ⓘ	4	4	4	8	8	8	8	8	12	12
Reserves ⓘ	57	61	67	78	98	108	131	180	243	316
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	39	37	25	30	40	20	23	50	41	24
Long Term Debt	9	5	5	7	7	10	8	15	21	8
Short Term Debt	30	32	20	23	33	10	14	35	20	16
Trade Payables	13	6	8	17	15	12	35	42	35	32
Others Liabilities ⓘ	15	18	13	15	16	14	22	22	31	24
Total Liabilities ⓘ	127	127	118	148	176	162	218	302	362	408
Fixed Assets
Gross Block	57	58	61	67	70	73	79	119	148	158
Accumulated Depreciation	22	25	18	22	25	30	35	42	48	54
Net Fixed Assetsⓘ	35	33	43	45	45	43	44	77	100	104
CWIP ⓘ	4	4	4	5	6	18	25	8	3	7
Investmentsⓘ	18	18	9	9	10	10	10	10	24	24
Inventories	29	23	26	41	69	51	70	115	122	116
Trade Receivables	24	24	26	34	35	31	43	59	80	101
Cash Equivalents	0	8	1	0	0	0	16	12	17	38
Others Assetsⓘ	17	16	7	15	10	8	10	21	16	19
Total Assets ⓘ	127	127	118	148	176	162	218	302	362	408

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	3	15	12	6	4	41	29	-3	61	68
PBT ⓘ	8	6	14	22	32	16	33	70	98	108
Adjustment ⓘ	6	8	7	9	8	9	7	8	15	11
Changes in Working Capital ⓘ	-10	3	-5	-20	-27	21	-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	0	0	0	0	-1	0	0	0	0	0
Others ⓘ	14	0	0	0	0	0	-2	-2	-10	4
Cash Flow From Financing Activityⓘ	2	-6	-17	1	3	-27	1	23	-18	-34
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-4	-2	4	-1	3	-1	9	10	-17
Interest Paid ⓘ	-3	-4	-3	-3	-4	-3	-2	-3	-7	-4
Dividend Paid ⓘ	0	0	-1	-2	-3	-2	-1	-3	-5	-8
Others ⓘ	6	3	-12	3	11	-24	4	20	-16	-4
Net Cash Flow ⓘ	0	8	-8	0	0	0	15	-5	6	20

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	8.44	6.54	12.66	20.43	24.19	11.56	19.05	31.94	33.03	27.84
ROCE (%)	11.64	9.79	15.91	22.77	26.57	13.36	22.34	35.27	37.75	33.8
Asset Turnover Ratio	0.84	0.83	1.03	1.2	1.19	1.11	1.07	1.25	1.27	1.17
PAT to CFO Conversion(x)	0.6	3.75	1.33	0.38	0.17	3.15	1.21	-0.06	0.84	0.84
Working Capital Days
Receivable Days	83	83	73	69	64	64	66	58	60	73
Inventory Days	86	90	72	76	104	117	108	104	103	97
Payable Days	68	59	42	57	61	45	85	87	68	52

Shivalik Bimetal Controls Ltd Stock News

Shivalik Bimetal Controls Ltd FAQs

What is the share price of Shivalik Bimetal?

Company share prices are keep on changing according to the market conditions. The closing price of Shivalik Bimetal on 21-Nov-2024 16:59 is ₹561.8.

What is the market cap of Shivalik Bimetal?

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 21-Nov-2024 16:59 the market cap of Shivalik Bimetal stood at ₹3,351.7.

What is the P/E ratio of Shivalik Bimetal?

The latest P/E ratio of Shivalik Bimetal as of 21-Nov-2024 16:59 is 43.66.

What is the P/B ratio of Shivalik Bimetal?

The latest P/B ratio of Shivalik Bimetal as of 21-Nov-2024 16:59 is 9.38.

What is the 52-week high and low of Shivalik Bimetal?

The 52-week high of Shivalik Bimetal is ₹728.9 and the 52-week low is ₹460.9.

What is the TTM revenue of Shivalik Bimetal?

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.