Interim report
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SHIVALIK SHIVALIK BIMETAL CONTROLS LIMITED Registered Office : 16-18 New Electronics Complex , Chambaghat , Solan , HP - 173212 , India Ph : + 91-1792-230578 Email : shivalik@shivalikbimetals.com Web : www.shivalikbimetals.com Investor Relations : Investor@shivalikbimetals.com CIN : L27101HP1984PLC005862 SBCL / BSE & NSE / 2026-27 / 28 To , BSE Limited Corporate Relationship Deptt . PJ Towers , 25th Floor , Dalal Street , Mumbai 400 001 - Code No. 513097 06th August , 2026 To , National Stock Exchange of India Ltd. Exchange Plaza , Plot No. C / 1 , G - Block Bandra Kurla Complex , Bandra ( East ) , Mumbai - 400 051 Code No. SBCL Sub : Outcome of Board Meeting of Shivalik Bimetal Controls Limited ( ' the Company " ) held today i.e 06th day of August , 2026 Dear Sir / Madam , In compliance with Regulation 30 of SEBI ( Listing Obligations and Disclosure Requirements ) Regulations , 2015 ( LODR ) , we wish to inform you that the Board of Directors of the Company in its meeting held today i.e. 06th day of August , 2026 , has inter alia considered and approved the following ( s ) ; 1 . 2 . 3 . 4 . 5 . 6 . 7 . The un - audited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 , 2026. Copy of the aforesaid results along with the Limited Review Report is enclosed herewith ; The Board has noted and accepted the resignation of M / s . Arora Gupta & Co. Chartered Accountants , ( FR No. 021313C ) , from the position of Statutory Auditors of the Company as well as the subsidiary Companies i.e Shivalik Engineered Products Private Limited and Shivalik Bimetal Engineers Private Limited ; Mr. Kabir Ghumman , Managing Director ( DIN : 0129480 ) , who is eligible and offer himself for re- appointment in the forthcoming 42nd Annual General Meeting under retire by rotation ; Cost Audit Report for the financial year ended March 31 , 2026 ; Re - appointment of Mr. Ramawatar Sunar , Cost Accountant , as a Cost Auditor of the Company for the Financial Year 2026-27 and fix remuneration , subject to ratification of shareholders in the 42nd Annual General Meeting ; Alteration of the Articles of Association of the Company , subject to the approval of the shareholders in the 42nd Annual General Meeting ; Based on the recommendation of the Audit Committee and subject to the approval of shareholders of the Company , the Board of Directors of the Company has approved the appointment of M / s . Walker Chandiok & Co LLP , Chartered Accountants ( Firm Registration No. 001076N / N500013 ) as the Statutory Auditor of the Company to fill the casual vacancy caused by the resignation of M / s . Arora Gupta & Co. , Chartered Accountants , from 06 August , 2026 upto the ensuing AGM of the Company ; and to recommend the appointment of M / s . Walker Chandiok & Co LLP , Chartered Accountants ( Firm Registration No. 001076N / N500013 ) to the shareholders of the Company for a term of five ( 5 ) consecutive years effective from the date of the ensuing AGM of the Company upto 47th AGM of the Company . 8. Appointment of M / s . Malik S. & Co. , Chartered Accountants , Chartered Accountants as Tax Auditors of the Company for the Financial Year 2026-27 ; 9 . Director ( s ) Report along with annexures includes Corporate Governance Report , Business Responsibility and Sustainability Report , Management Discussion and Analysis Report for the financial year 2025-26 ; Corporate Office : 4th Floor , Space No. 408 , Eros Corporate Tower , Nehru Place , New Delhi - 110019 , India Ph : + 91-11-43071031 Email : shivalik@shivalikbimetals.com Web : www.shivalikbimetals.com
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10. To schedule 42nd (Forty-second) Annual General Meeting (“AGM”) of the Shareholders of Shivalik Bimetal Controls Limited will be held through video conferencing or other audio visual means on Wednesday, the 02nd day of September 2026 at 10.30 AM; 11. Fixing Wednesday, August 26, 2026, as the Record Date for the purpose of payment of Final Dividend for the Financial Year 2025-26. 12. The Board has re-appointed M/s Amit Saxena and Associates, Company Secretaries as a scrutinizer for the purpose of e-voting for the forthcoming 42nd Annual General Meeting, subject to the provisions of Companies Act, 2013; 13. Reconstitution of the following committees of the Board: Name of Committee Composition Category Designation Audit Committee Mr. N. P. Sahni Non-Executive Independent Chairman Mr. Sudhir Mehra Non-Executive Independent Member Mr. Sumer Ghumman Whole Time Director Member Mr. Shrikant Baldi Non-Executive Independent Member Stakeholder Relationship and Share Transfer Committee Mrs. Sudhir Mehra Non-Executive Independent Chairman Mr. N. S. Ghumman Chairman & Whole Time Director Member Mr. Sumer Ghumman Whole Time Director Member Corporate Social Responsibility Committee Mr. N. S. Ghumman Chairman & Whole Time Director Chairman Mr. Sumer Ghumman Whole Time Director Member Mr. Shrikant Baldi Non-Executive Independent Member Nomination and Remuneration Committee Mr. Sudhir Mehra Non-Executive Independent Chairman Mr. N.P. Sahni Non-Executive Director Member Mr. Shrikant Baldi Non-Executive Independent Member Risk Management Committee Mr. N.S. Ghumman Chairman & Whole Time Director Chairman Mr. Kabir Ghumman Managing Director Member Mr. Shrikant Baldi Non-Executive Independent Member 14. Resignation of Mr. Rajeev Ranjan, Chief Financial Officer w.e.f. Close of business hours of October 31, 2026. The details as required to be disclosed in terms of SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is given in Annexure-I and II as enclosed to this letter. In terms of Regulation 30 of the SEBI (LODR), 2015, it may further be noted that Board meeting commenced at 12.00 Noon and concluded at 04.00 PM (IST). Kindly take the above on record and acknowledge receipt. Thanking you. For Shivalik Bimetal Controls Limited Aarti Sahni Company Secretary & Compliance Officer M. No: A25690 Encl: As above
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Annexure-I In terms of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirement) Regulation, 2015 read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: Mr. Kabir Ghumman 1. Reasons for change viz. appointment, re - appointment, resignation, removal, death or otherwise; Retire by Rotation 2. Date of Appointment/re -appointment & term of appointment/ re-appointment Original Date: 29.08.2024 Date of Re-appointment: (Subject to approval of Shareholders in the upcoming Annual General Meeting) 3. Brief Profile Mr. Kabir Ghumman (DIN: 01294801) Managing Director of the Company. Mr. Kabir is a qualified Engineer holding Bachelors-Mech. Engineering. He is responsible for the supervision of all technical and process engineering aspects of the Company at the manufacturing unit. With his exposure and experience in the designing and optimization of use of machinery has developed good understanding of manufacturing processing. His scope of work covers his full involvement in the mechanical engineering aspects of the company at plant. Mr. Kabir Ghumman has been associated with the Company from last 16 years and meanwhile gave his best for its immense growth. 4. Disclosure of relationships between directors (in case of appointment of director) (if any) Son of Mr. N.S. Ghumman, Chairman and Whole Time Director and Brother of Mr. Sumer Ghumman, Whole Time Director Further, in terms of NSE Circular No. NSE/CML/2018/24 dated June 20, 2018, it is confirmed that the persons appointed as Director above are not in the list of restrained persons as a Director and are not debarred from holding the office by virtue of any SEBI Order or any other authority.
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Annexure- II In terms of Regulation 30 of SEBI (Listing Obligations & Disclosure Requirement) Regulation, 2015 read with Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023: Cost Auditor Statutory Auditor Tax Auditors 1. Reasons for change viz. appointment, re - appointment, resignation, removal, death or otherwise; Re-appointment for the FY 2026-27 Resignation w.e.f August 6, 2026 Appointment w.e.f. August 7, 2026, upto the date of annual general meeting to fill the casual vacancy on resignation of existing auditor. Further, the board has proposed to appoint for a term of 5 years in the upcoming annual general meeting. Appointment for the FY 2026-27 2. Date of Appointment/re- appointment & term of appointment/ re - appointment Date of appointment: August 6, 2026 for the FY 2026-27, subject to ratification of remuneration in the upcoming annual general meeting Date of resignation: August 6, 2026 Date of appointment: August 7, 2026, subject to approval of shareholder in 42nd Annual General Meeting (i.e. within three months of recommendation of the board. Date of appointment (For a term of 5 years: September 2, 2026, valid from 42nd AGM to 47 th AGM, subject to approval of shareholder. Date of appointment: August 6, 2026, for the FY 2026-27 3. Brief Profile Name of Auditor : Mr. Ramawatar Sunar, Cost Accountant (M. No. 10567) Office Address: A-2/252-253 Ground Floor, Rohini, New Delhi-110085 Email Id: ramsoni50@gmail.com Field of Experience : Mr. Ramawatar Sunar, Cost Accountant h aving experience Name of Auditor : M/s Arora Gupta & Co., Chartered Accountants Office Address: 1035, Deva Ram Park, Tri Nagar, New Delhi-110035 Email Id: aroragupta2018@gmail.com Name of Auditor : M/s Walker Chandiok & Co LLP (FRN: 001076N/N500013) Office Address: 21st Floor, DLF Square, Jacaranda Marg, DLF Phase II, Gurugram 122-002 Email Id : madhu.sudan@walkerchandiok.in Name of Auditor: M/s. Malik S. & Co., Chartered Accountants Office Address: 1/101, LGF, Old Rajinder Nagar, Sir Ganga Ram Hospital Marg, New Delhi-110060 Email Id: Email Id: sm@mscompany.in Field of Experience: M/s Malik S. & Co, Chartered Accountants who have
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of more than 43+ years and is specialized in providing services in Cost Accounting, Cost Audit, Indirect Taxes and other related services Field of Experience M/s. Walker Chandiok & Co LLP (Firm Registration no. 001076N/N500013) is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI), Public Company Accounting Oversight Board (PCAOB) and empaneled with Comptrolle r and Auditor General of India (CAG). The firm was established in the year 1935 and its registered office is situated at New Delhi with Nineteen other offices across major cities in India. It has ninety -eight partners. It has a valid pe er review certificate and is one of India’s leading audit firms providing audit and assurance services to several large companies including some of the top one hundred listed entities in India. more than 42+ years of experience in the field of audit, taxation, corporate and project financing, due diligence and Internal Financial Control. 4. Disclosure of relationships between directors (in case of appointment of director) (if any) - - - -
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ARORA GUPTA & Co. CHARTERED ACCOUNTANTS Office at : 1035, Deva Ram Park, Tri Na gar, New Delhi 110035 M: +91 9012474456 aroraqupta.ca@qmail.com w: www.aroragupta.in INDEPENDENT AUDITORS' REVIEW REPORT ON UNAUDITED STANDALONE INTERIM FINANCIAL RESULTS To, The Board of Directors of SHIV ALIK BIMETAL CONTROLS LIMITED 1. We have reviewed the accompanying Statement of Unaudited Standalone Financial results of SHIV ALIK BIMETAL CONTROLS LIMITED ('the Company') for the quarter ended June 30, 2026 ("the Statement"), being submitted by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligation s and Disclosure Requirements) Regulations , 2015 ("the regulations"), as amended. 2. This statement, which is the responsibility of the Company's Managem ent and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ('Ind AS 34') prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing regulation s. Our responsibility is to issue a report on the statement based on our review. 3. We conducted our review of 'the statement ' in accordance with the standard on Review Engagement (SRE) 2410 'Review of Interim Financial Information performed by the Independent Auditor of the Entity', issued by the Institute of Chartered Accountants of India (!CAI). This Standard require s that we plan and perform the review to obtain
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AR.ORA GUPTA & Co. CHARTERED ACCOUNTANTS Office at :1035, Deva Ram Park, Tri Nagar, New Delhi 110035 M: +91 9012474456 aroragupta.ca@qmail.com w: www.aroragupta .in moderate assurance as to whether 'the statement' is free of material misstatement. The review is limited primarily to inquiries of Company personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and, accordingly, we do not express an audit opinion. 4. Based on our review conducted as stated above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited financial results, prepared in accordance with the aforesaid Indian Accounting standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (List ing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. Place: New Delhi Date: 06/08/2026 For and On Behalf O.f, ARORA GUPTA & Co. Chartered Accountants Firm Registration No.: 021313C AMIT ARORA Partner Membership No.: 514828 UDIN: 26514828SFWIBN67 15
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SHIV AUK BIMET AL CONTROLS LIMITED Regd. Office: 16-18, New Electronics Complex Chambaghat, District Solan (Himachal Pradesh)-173213 CIN: L27101HP1984PLC005862 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED 30TH JUNE, 2026 (INR in lakhs, except per eq trily share dat a) Quarter ended Year ended S No. Particulars 30.06.2026 31.03.2026 30.06.25 31.03.2026 Unaudited Audited Unaudited Audited 1. Revenue from o~rnlions 13,180.81 11,670.94 11,669.53 -!6,195.39 2. otl,er iru:ome- 318.88 -!18.17 213.28 1,301.32 3. Total income (1 +2) 13,499.69 12,089.11 11,882.81 47,496.71 4. Expenses a) Cost of materials consumed 8,519.86 5,947.81 6,446.85 2-!,391.93 b) Changes in inventories of finished goods and work in progress (2,124.28) (-!8.53) (370.-!2) (1,01U7) c) Employees benefit expense 1,279.34 1,213.57 1,011.05 -!,590.32 d) Finance cos ts 91.69 94.13 75.76 339.59 e) Depreciation and amortisation expense 335.80 308.62 275.07 1,159.92 f) Other expenses 1,878.74 1,830.78 1,634.16 6,987.65 Total expenses (4 a to 4 f) 9,981.15 9,346.38 9,072.47 36,457.94 5. Profit before exceptional items and lax (3-4) 3,518.54 2,742.73 2,810.34 11,038.77 6. Exceptional items (25.75) . . 79.06 7. Profit before tax ( 5-6) 3,544.29 2,742.73 2,810.34 10,959.71 8. Tax expense a) Current tax 892.00 660.37 703.50 2,668.03 b) Deferred tax 12.30 44.41 9.51 105.63 Total lax expenses (8a + 8b) 904.30 704.78 713.01 2,773.66 9. Net profit for the period/year (7-8) 2,639.99 2,037.95 2,097.33 8,186.05 10. Other comprehensive income a) i) Items that will not be reclassified to Profit & loss . 12.85 . (7.66) ii ) Income Tax related to the above . (3.23) . 1.93 b) i) Items that will be reclassified to Profit & loss . . . ii) Income Tax related to the above . . . Total Other Comprehensive Income for the period/year [a(i+ii)+b(i+ii)] . 9.62 . (5.73) Total Comprehensive Income for the period/year 11. (9+10) 2,639.99 2,047.57 2,097.33 8,180.32 12. Paid-up equity share capital (Face Value of the Share INR 2/. Each) 1,152.08 1,152.08 1,152.08 1,152.08 13. Other equity . . - -!3,779.17 14. Earnings Per Share ( Face Value of the share INR 2/- each) Basic & Diluted ( in INR) -!.58 3,55 3.64 1-!.20 Earning pa share 1101 anmialiscd except {or the :1em ended 31st ,\,fa1cf1 20.:!6 NOTES: 1. The above standalone financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meeting(s) held on 06th August, 2026. The Statutory Auditors of the Company have carried out the limited review of the Standalone financial results and have expressed an unmodified report thereon. 2. These standalone financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ("Ind AS") notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including relevant circulars issued by SEBI from time to time. 3. The figures fur rite quarrer entletl 31st Marth, 2026 are the balancing rigures betwee11 aucllted rigures In respect of the lull lina11ttal year dllll published year-to-date figures up to the end of 3rd quarter of the relevant financial year. -l. The exceptional items for the quarter ended 30th June, 2026 represents an amount of Rs. 25.75 lakhs recieved by the company under "The Pradhan Mantri Viksit Bharat Rozgar Yojna (PM-VBRY) for the period 1st August, 2025 to 31st March, 2026. :,, As the Company's activities involve predominantly one business segment i.e.,Process and Product Engineering, which are considered to be a single primary business segment, therefore the disclosure requirement of Ind AS-108, operating segments is not applicable. 6. The results for the quarter ended 30th June 2026 are available on the Bombay Stock Exchange website (URL: www.bseindia.com), the National Stock Exchange website (URL: www.nseindia .com) and on the Company's website (URL: https:/ /www.shivalikbimetals .com/) 7 The figures for the previous periods have been regrouped/ rearranged, wherever necessary to conform to the current period's classification. Place: New Delhi Date: 6th August,2026 ~ ard of Directors (N. S. Ghununan) Chairman DIN : 00002052
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ARORA GUPTA & Co. CHARTERED ACCOUNTANTS Office at :1035, Deva Ram Park, Tri Nagar, New Delhi 110035 M: +91 9012474456 aroragupta.ca@gmail.com w: www.a roragupta.in INDEPENDENT AUDITORS' REVIEW REPORT ON REVIEW OF UNAUDITED CONSOLIDATED INTERIM FINANCIAL RESULTS To, The Board of Directors of SHIV ALU( BIMET AL CONTROLS LIMITED 1. We have reviewed the accompanying Statement of Unaudited Consolidated Financial Results of SHIV ALIK BIMETAL CONTROLS LIMITED ("the Parent") and its Joint Venture and Subsidiaries stated in paragraph no 4 (Parent company with its Joint Venture and Subsidiaries together referred to as "the "Group") for the quarter ended June 30, 2026 ("the Statement"), attached herewith , being submitted by the Parent pursuant to the requirement of Regulation 33 of the SEBJ (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("the Listing Regulations"). 2. This Statement, which is the responsibility of the Parent's Management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" as prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued there under and other accounting principles generally accepted in India and in compliance with Regulation 33 of the Listing Regulations .. Our responsibility is to issue a report on 'the Statement' based on our review. 3. We conducted our review of 'the Statement' in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India (ICAI). This standard requires that we plan and perform the review to obtain moderate assurance as to whether 'the Statement' is free of material misstatement. A review is limited primarily to inquiries of the personnel and analytical procedures applied to financial data and thus provide less assurance than an audit. We have not performed an audit and accordingly, we do not express an audit opinion. -We also performed procedures in accordance with the Circular issued by the SEBI under Regulation 33 (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.
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'ARORA GUPTA & Co. Office at : 1035, Deva Ram Park, Tri Nagar, New Delhi 110035 M: +91 9012474456 aroragupta.ca@gmail.com w: www.aroragupta.in CHARTERED ACCOUNTANTS 4. The statement includes the result of following entities; S.No Name of Entity Relationship 1 Shivalik Bimetal Controls Limited Parent Company 2 Shivalik Engineered Products Private Limited Wholly Owned Subsidiary 3 Shivalik Bimetal Engineers Private Limited Wholly Owned Subsidiary 4 Shivalik Bimetals Europe SRL, Italy Wholly Owned Subsidiary [Limited Liability Company, (LLC)] 5 Innovative Clad Solutions Private Limited Joint Venture 5. Based on our review conducted and procedures performed as stated in paragraph 3 above, nothing has come to our attention that causes us to believe that the accompanying Statement , prepared in accordance with the recognition and measurement principle s laid down in the aforesaid Indian Accounting Standard (' Ind AS') specified under Section 133 of the Companies Act, 2013 as amended , read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclo sed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclo sure Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, or that it contains any materi al misstatement. 6. The accompanying consolidated financi al statements include unaudited financial statements and other unaudited financial informa tion in respect of one Wholly Owned Subsidiary referred to in S. No 4 in the table given in Para No 4 above, whose financial statements and other financial information reflect total revenues of Rs 65 .14 Lakhs and share of net loss after tax (including other comprehensiv e income) of Rs 0.09 Lakhs for the quarter ended on June, 30 2025. These unaudited financial statements and other unaudited financial information have been furnished to us by the management. Our opinion, in so far as it relates amount s and disclosures included in respect of the referred subsidiary, is based solely on such unaudit ed financial statements and other unaudited financial information . In our opinion and according to the information and explanations given to us by the Management , these financial statements and other financial information are not material to the group. 7. The Statement includes financial statements of one joint venture referred to in S. No 5 in the table given in Para No 4 above, which have not been reviewed by us, whose share of net profit (including other comprehensive income) is ~ 227.31 Lakhs, for the quarter ended June 30, 2026, as considered in the statement. The financial statement s of this joint venture
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'ARORA GUPTA & Co. CHARTERED ACCOUNTANTS Office at :1035, Deva Ram Park, Tri Nagar, New Delhi 110035 M: +91 9012474456 aroragupta.ca@gmail.com w: www.aroragupta.in have been reviewed by another auditor whose report has been furnished to us by the Management, and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this joint venture, is based solely on the report of the other auditor. 8. Our opinion above on the Consolidated Financial Statements, and our report on Other Legal and Regulatory Requirements below , is not modified in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the financial statements and other financial information certified by the Management. Place: New Delhi Date: 06/08/2026 For and On Behalf Of; ARORA GUPTA & Co. Chartered Accountants Firm Registration No.: 021313C AMIT ARORA Partner Membership No.: 514828 UDIN: 26514828QXMXRO4 723
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SHIV AUK BIMET AL CONTROLS LIMITED Regd. Office: 16-18, New Electronics Complex Chambaghat, District Solan (Himachal Pradesh)-173213 CIN: L27101HP1984PLC005862 STATEMENT OF l.:NAUDITED CONSOLIDATED FINANCIAL RESlJLTS FOR THE QUARTER ENDED 30TH JUNE, 2026 (INR in lakhs, except per equity share data) Quarter ended Year ended S No. Particulars 30.06.2026 31.03.2026 30.06.2025 31.03.2026 Unaudited Audited Unaudited Audited 1. Revenue from operations 18,219.64 16,263.01 13,659.68 57,086.07 2. Other income 334.37 340 80 216.61 1,227.28 3. Total income (1+2) 18,554.01 16,603.81 13,876.29 58,313.35 4. Expenses a) Cost oi materials consumed 12,971.17 9,545.78 7,873.34 32,483.41 b) Changes in inventories oi finished goods and work in progress (2,658.74) (260.33) (305.12) (1,205.88) c) Emplovees benefit expense 1,521.81 1,436 07 1,236 .24 5,415.79 d) Finance costs 129.63 120.38 101.51 469.20 e) Depreciation and amortisation expense 395.50 365.40 327.45 1,382.02 f) Other expenses 2,064.16 1,994.45 1,660 .02 7,320.27 Total expenses (4 a to 4 f) 14,423.53 13,201.75 10,893.44 45,864.81 5. Profit before share of profit from Joint Venture, exceptional 4,130.48 3,402.06 2,982.85 12,448.54 items and tax (3-4) 6. Share of profit in joint venture 227.31 55.70 55.79 335.38 7. Profit before exceptional items and tax (5+6) 4,357.79 3,457.76 3,038.64 12,783.92 8. Exceptional Items (refer uo/e 4) (25.75) - - 92.06 9. Profit before tax (7-8) 4,383.54 3,457.76 3,038.64 12,691.86 10, Tax expense a) Current tax 1,056,96 848.55 752 ,82 3,037.25 b) Deierred tax 25.90 4.48 7,76 68.76 Total tax expenses (10a + 10b) 1,082.86 853.03 760.58 3,106.01 11. Net Profit for the Period/ Year (9-10) 3,300.68 2,604.73 2,278.06 9,585.85 12. Other Comprehensive Income a) i) Items that will not be reclassified to Profit & loss 11.02 . (2.86) ii) Income Tax related to the above . (2.73) . 0.59 b) i) Items that will be redassiiied to Profit & loss 0 22 0,91 0.20 1.43 ii) Income Tax related to the above . . . . Total Other Comprehensive Income for the period [a(i+ii)+b(i+ii)] 0.22 9 20 0.20 (0.84) Total Comprehensive Income for the period/year 13. (11+12) 3,300.90 2,613.93 2,278.26 9,585.01 14. Paid-up equity share capital (Face Value of the Share INR 2/- Each) 1,152.08 1,152,08 1,152.08 1,152.08 15. Other Equity . . - 46,982 .64 16. Earnings Per Share ( FJn' VJ!Ul' uf Lht• shdrt• INR 2/- edrh) Basic and Diluted 5.73 -t54 3.96 16.64 £11.1111,rg pcI share 11ot mmm,liscd cxccpl (or t/zc 1/Cllr c11dcd 31st 1'vl11.1cl1 :2016 NOTES: 1. The above Consolidated financial results were reviewed by the Audit Committee and approved by the Board of Directors of the Company at their respective meeting(s) held on 06th August, 2026. The Statutory Auditors of the Company have carried out the Limited Review of above results and have expressed an unmodified report thereon. 2. These financial results have been prepared in accordance with the recognition and measurement principles of applicable Indian Accounting Standards ("Ind AS") notified under the Companies (Indian Accounting Standards) Rules, 2015 as specified in Section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, including relevant circulars issued by SEBI from time to time. 3. The figures for the quarter ended 31st March, 2026 are the balancing figures between audited figures in respect of the full financial year and published year-to-date figures up to the end of 3rd quarter of the relevant financial year . -t The exceptional items for the quarter ended 30th June, 2026 represents an amount of Rs. 25.75 Lakhs recieved by the group under "The Pradhan Mantri Viksit Bharat Rozgar Yojna (PM-VBRY) for the period 1st August, 2025 to 31st March, 2026. 5. As the Group's activities involve predominantly one business segment i.e.,Process and Product Engineering, which are considered to be a single primary business segment, therefore the disclosure requirement of [nd AS-108, operating segments is not applicable. 6. The results for the quarter ended 30th June 2026 are available on the Bombay Stock Exchange website (URL: www .bseindia .com), the National Stock Exchange website (URL: www.nseindia.com) and on the Company's website (URL: https:/ /www.shivalikbimetals.com/) 7. The figures for the previous periods have been regrouped/rearranged, wherever necessary to conform to the current period's classification . Place: New Delhi Date: 6th August,2026 Chairman DIN : 00002052
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ARORA GUPTA & Co. T-2, Gole Market, Rudrapur, Udham $in9h Na9ar, Uttarakhand +91 9012474456 aroragupta.ca@.gmail.com ~HARTEREO ACCOUNTANTS Date: 6th August 2026 To The Board of Directors Shivalik Bimetal Controls Limited New Delhi Subject: Resignation as Statutory Auditors of Shivalik Bimetal Controls limited Dear Sir(s)/Madam, We refer to our appointment as the Statutory Auditors of Shivalik Bimetal Controls Limited ("the Company") pursuant to the resolution passed by the shareholders at the Annual General Meeting held on 27 September 2022, whereby we were appointed to hold office for a term of five consecutive years until the conclusion of the Annual General Meeting to be held in respect of the financial year 2026-27. During our tenure, we have completed the statutory audits of the Company's standalone and consolidated financial statements up to and including the financial year ended 31 March 2026. We have also completed the Limited Review of the Company's unaudited standalone and consolidated financial results for the quarter ended 30 June 2026. After careful consideration and due deliberations, we hereby tender our resignation as the Statutory Auditors of the Company with immediate effect due to our inability to continue in the said capacity for the reasons set out below: "Over the recent period, the Company has witnessed significant growth in the scale and complexity of its operations. Consequently, the scope, volume and resource requirements for conducting the statutory audit have increased substantially. In view of our existing professional commitments and the practical difficulty in deploying adequate audit resources commensurate with the expanded audit requirements of the Company, we regret our inability to continue as the Statutory Auditors of the Company." We confirm that: 1. Our resignation is solely on • account of the reasons stated above and does not arise from any disagreement with the management or the Board of Directors of the Company. 2. We have not identified or reported any fraud, suspected fraud, material irregularity, or any matter , involving management that, in our opinion, should be brought to the attention of the shareholders or regulators by reason of this resignation. 3. We have no concern relating to the financial statements, accounting policies, internal financial controls, management representations, maintenance of books of account, or any other matter which, in our opinion, requires disclosure pursuant to the applicable provisions of the Companies Act, 2013 or the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. We request the Board of Directors to take this resignation on record and complete all necessary filings and 6tatutory compliances, including the disclosures requir :..-,:::;.:;;..;.::::-... licable provisions of the Companies Act, Circula 2013, the SEBI (Listing Obligations and Disclosure ---=::::::::::•,".'"~-... ulations, 2015 and the relevant SEBI
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ARORA GUPTA & Co. CHARTERED ACCOUNTANTS T-2, Gole Market , Rudrapur , Udham Singh Nagar, l,Jttarakhand +91 9012474456 aroragupta.ca@qmail .com We place on record our appreciation for the cooperat ion and assistance extended by the Board of Directors, Audit Committee, management and employees of the Company during our tenure as the Statutory Auditors. Thanking you. Yours faithfully , For Arora Gupta & Co. Chartered Accountant s Firm Registration No. 021 CA Amit Arora Partner Membership No. 514828
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... Annexure- A FORMAT FOR INFORMATION TO BE OBTAINED FROM THE STATUTORY AUDITOR UPON RESIGNATION 1. Name of the listed entity/mateFial s1,1bsidiafY Shivalik Bimetal Controls Limited 2. Details of the statutory auditor: a. Name M/s Arora Gupta & Co., Chartered Accountants b. Address HO: T 2, Gole Market, Rudrapur, Udham Singh Nagar, Uttarakhand 263153 BO: 1035, Deva Ram Park, Tri Nagar, New Delhi-110035 c. Phone number +91-9012474456 d. Email aroragupta .ca@gmail.com 3. Details of association with the listed entity/ mateFial s1,1bsidiaPf a. Date on which the statutory auditor was appointed: Initial date of appointment- 27.09.2017 Recent appointment- 27.09.2022 b. Date on which the term of the statutory auditor Term of 5 years would have expired at the was scheduled to expire: conclusion of AGM to be held in relation to FY 2026-27. c. Prior to resignation, the latest audit report/limited Limited Review Report on Unaudited review report submitted by the auditor and Standalone and Consolidated Interim date of its submission. Financial Statements for the quarter ended June 30, 2026 submitted on August 06, 2026 4. Detailed reasons for resignation: As stated in the resignation letter s. In case of any concerns, efforts made by the auditor None, as such not Applicable prior to resignation (including approaching the Audit Committee/Board of Directors along with the date of communication made to the Audit Committee/Board of Directors) 6. In case the information requested by the auditor None, as such not Applicable was not provided, then following shall be disclosed: a. Whether the inability to obtain sufficient appropriate audit evidence was due to a management-imposed limitation or circumstances beyond the control of the management. b. Whether the lack of informatio n would have significant impact on the financial statements/results. c. Whether the auditor has performed alternative procedures to obtain appropria te evidence for the purposes of audit~limited review as laid down in SA 705 (Revised) d. Whether the lack of information was prevalent in the previous reported financial statements/results. If yes, on what basis the previous audit/limited review reports were issued. - •-, --- 7. Any other facts relevant to the resignation: #b.C, I rn~~ 1/o' ~0' I ~ PA~ _NER o 1 * M ,,,..., V ,.,; Cl ~ 't ~'lj 'fl ~~ 0red Acco - Page 112
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Declaration 1. I/ We hereby confirm that the information given in this letter and its attachments is correct and complete. 2. I/ We hereby confirm that there is no other material reason other th an those provided above for my resignation/ resignation of my firm. For M/s Arora Gupta & Co. Chartered Accountants Firm Registration No. 021313C Amit Arora Partner Membership No.: 514828 Date: August06,2026 Place: New Delhi Page 212