Interim report
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SBCL/BSE & NSE/2026-27/57 04th November, 2026 To, BSE Limited Corporate Relationship Deptt. PJ Towers, 25th Floor, Dalal Street, Mumbai – 400 001 Code No. 513097 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 04th day of November, 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. 04th day of November, 2026, has inter alia considered and approved the following(s); 1. the Un-Audited Standalone and Consolidated Financial Results of the Company for the quarter and half year ended September 30, 2026. Copy of the aforesaid results along with the Limited Review Report is enclosed herewith; 2. Declaration of Interim dividend @100% i.e. Rs. 2/ - per equity share on 57604200 equity shares of Rs. 2/ - (Rupees Two) each; 3. Pursuant to Regulation 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board has fixed Friday, November 13, 2026, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for the payment of interim dividend for the F.Y. 202 6-27 and dividend shall be paid/ dispatched on or before 03rd December, 2026; 4. Issue of bonus equity shares in the ratio of 2:1, i.e., Two (2) bonus equity share of face value of Rs. 2/- each for every one (1) fully paid -up equity share of face value of Rs. 2/- each, held by the members of the Company as on the record date, by capitalising a sum not exceeding Rs. 23,04,16,800/- (Rupees Twenty Three crore Four Lakhs Sixteen Thousand Eight Hundred only) out of the retained earnings of the Company, subject to the approval of the members of the Company. The record date for determining the entitlement of the members of the Company to receive bonus equity shares will be announced in due course. The details as required in accordance with SEBI Master Circular No. SEBl/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, are enclosed as ‘Annexure – A’. 5. Alteration to the Capital Clause (Clause 5) of the Memorandum of Association of the Company to increase the authorised share capital from Rs. 15,00,00,000/- (Rupees Fifteen crore only) to 40,00,00,000/- (Rupees Forty crore only), subject to the approval of the members of the Company. 6. Convening of an extraordinary general meeting (“EGM”) of the Company on Wednesday, the 16 th Day of December 2026 at 10.30 AM through video conferencing/ other audio -visual means (VC/ OAVM) for the purpose of issuing bonus equity shares and making alteration to the existing Capital Clause of Memorandum of Association. A soft copy of the EGM Notice shall be sent in due course.
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7. The Board was informed that the Company has completed the process of identifying and selecting a suitable candidate for the position of Chief Financial Officer (CFO), who is expected to assume office from January 2027. Pending the joining of the selected candidate, the Board considered and approved the entrustment of additional responsibilities of the Chief Financial Officer (CFO) to Mr. Sumer Ghumman, Whole-time Director of the Company, on an interim basis, with immedia te effect, to ensure continuity of financial operations, effective discharge of CFO -related responsibilities and a smooth transition until the selected candidate assumes office. 8. The Board took note of the resignation of Mrs. Aarti Sahni Company Secretary of the Company w.e.f. 07 th December 2026; 9. The Board has decided that the cut-off date for determining the voting rights for E-voting on the resolutions listed in the Notice of Extra Ordinary General Meeting will be Wednesday, December 09, 2026. 10. The Board has appointed NSDL for availing E-Voting facility. 11. The Board has approved the e -voting period commences from Sunday, December 13, 2026, at 9.00 A.M. (IST) and will end on Tuesday, December 15, 2026, at 5.00 P.M. (IST). 12. The Board has appointed M/s Amit Saxena and Associates, Company Secretaries as a scrutinizer for the purpose of e -voting for the 01st Extra Ordinary General Meeting for the FY 2026 -27, subject to the provisions of Companies Act, 2013. 13. The Board noted the restructuring of the existing bank borrowing and credit facilities, including limits, for its Wholly Owned Subsidiary, Shivalik Engineered Products Private Limited. Further information/disclosure will me made in due course. In terms of Regulation 30 of the SEBI (LODR), 2015, it may further be noted that Board meeting commenced at 11.30 AM and concluded at 14.00 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- A Details under Regulation 30(6) read with Para A(4)(e) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) and the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026 S.No. Particulars Disclosure 1. Type of securities proposed to be issued (viz. equity shares, convertibles etc.) Equity Shares 2. Type of issuance (further public offering, rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) Bonus Issue 3. Total number of securities proposed to be issued or the total amount for which the securities will be issued (approximately) Rs. 23,04,16,800/- divided into 115208400 Equity Shares of Rs. 2/- each 4. Whether bonus is out of free reserves created out of profits or share premium account The bonus equity shares will be issued out of the retained earnings (free reserves) as per the audited financial statements of the Company for the year ended 31st March 2026. 5. Bonus ratio 2 (Two) equity share of Rs 2/- each for every 1 (one) existing equity shares of Rs.2/ - each held as on a record date 6. Details of share capital - pre and post bonus issue Pre-Bonus paid -up share capital is Rs. 11,52,08,400/- divided into 5,76,04,200 equity shares of Rs. 2/- each Post-Bonus paid -up share capital will be Rs. 34,56,25,200/- divided into 17,28,12,600 equity shares of Rs. 2/- each. 7. Free reserves and/ or share premium required for implementing the bonus issue Free reserves and/ or share premium of Rs. 23,04,16,800/- is required for implementing the Bonus Issue 8. Free reserves and/ or share premium available for capitalization and the date as on which such balance is available As on March 31, 202 6, aggregate amount of free reserves, and securities premium account is Rs. 23,04,16,800/- 9. Whether the aforesaid figures are audited Yes, the aforesaid figure is as per the audited standalone financial statements. 10. Estimated date by which such bonus shares would be credited/dispatched Within two (2) months from the date of approval by the Board of Directors i.e., on or before 0 2nd January, 2027.
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(, SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Complex Chambaghat , District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Statement of Standalone Unaudited Financial Results for the quarter and six month period ended 30 September 2026 (Rs. in lakhs, except per equity share data) Sr. No. 1 Revenue from operations 2 Other income 3 Total income (1+2) 4 Expenses Particulars a) Cost of materials consumed b) Changes in inventories of finished goods and work in progress c) Employee benefits expense d) Finance costs 1 e) Depreciation and amortisation expenses f) Other expenses Total expenses (4a to 4f) 5 Profit before exceptional items and tax (3-4) 6 Exceptional items 7 Profit before tax (5-6) 8 Tax expense - Current tax - Deferred tax Total tax expense 9 _Net profit for the period/year (7-8) 10 Other comprehensive income (OCI) (i) Items that will not be reclassified to profit and loss (ii) Income tax relating to items that will not be reclassified to profit and loss 11 Total comprehensive income for the period/year (9+10) 12 Paid-up equity share capital (face value of Rs. 2 per share) 13 Other equity 14 Earnings per share of Rs. 2 each (not annualised for the quarters/six months) Basic and diluted 30 September 2026 (Unaudited) 14,491.43 314.55 14,805.98 8,694.02 (2,056.89) 1,377.51 152.62 434.93 2,150.61 10,752.80 4,053.18 4,053.18 1,075.49 (2.98) 1,072.51 2,980.67 (148.95) 37.49 2,869.21 1,152.08 4.98 Quarter ended 30 June 2026 (Unaudited) 13,180.81 344.63 13,525.44 8,519.86 (2,124.28) 1,264.34 91.69 335.80 1,878.74 9,966.15 3,559.29 3,559.29 895.77 12.30 908.07 2,651.22 (15.00) 3.77 2,639.99 1,152.08 4.58 Six month ended 30 September 2025 30 September 2026 30 September 2025 (Unaudited) (Unaudited) (Unaudited) 11,842.09 371 .89 12,213.98 5,930.03 12.71 1,156.90 75.63 -284.78 1,923.28 9,383.33 2,830.65 2,830.65 704. 16 9.44 713.60 2,117.05 (38.40) 9.66 2,088.31 1,152.08 27,672.24 659.18 28,331.42 17,213.88 (4,181.17) 2,641 .85 244.31 770.73 4,029.35 20,718.95 7,612.47 7,612.47 1,971.26 9.32 1,980.58 5,631.89 (163.95) 41.26 5,509.20 1,152.08 3.63 -~ -- 9.56 23,511 .62 585.17 24,096.79 12,376.88 (357.71) 2,167.95 151 .39 559.85 3,557.44 18,455.80 5,640.99 5,640.99 1,407. 68 18.95 1,426.61 4,214.38 (38.40) 9.66 4,185.64 1,152.08 7.27 Year ended 31 March 2026 (Audited) 46,195.39 1,301 .32 47,496.71 24,391.93 (1 ,011.47) 4,590.32 339.59 1,159.92 6,987.65 36,457.94 11,038.77 (79.06) 10,959.71 2,668.03 105.63 2,773.66 8,186.05 (7.66) 1.93 8,180.32 1,152.08 43,779.17 14.20 "'
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(, I Sr. No. A 1 2 B 1 2 ASSETS Non current assets Property , plant and equipment Capital work-in-progress Investment property Right of use assets Intangible assets Intangible assets under development Financial assets Investments in subsid iaries and associate Other financ ial assets Other non-current assets Total non-current assets Current assets Inventories Financial assets Investments Trade receivables Cash and cash equivalents SHIVALIK BIMETAL CONTROLS LIMITED Registered Office : 16-18, New Electronics Complex Chambaghat . District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Statement of Standalone Unaudited Assets and Liabilities as at Particulars • Other bank balances other than cash and cash equivalents Loans Other financial assets Other current assets Total current assets Total assets (1+2) EQUITY AND LIABILITIES Equity Equity share capital Other equity Total equity Liabilities Non-current liabilities Financial liabilities Lease liabilities Provisions Deferred tax liabilities (net) Total non-current liabilities Current liabilities Financial liabilities Borrowings Lease liabilities Trade payables Total outstanding dues of micro enterprises and small enterprises Total outstanding dues of creditors other than micro enterprises and small enterprises Other financ ial liabilities Other current liabilities Provisions Current tax liabilitie·s (net) Total current liabilities Total equity and liabilities (1+2) (Rs. in Lakhs) 30 Seotember 2026 31 March 2026 !Unaudited) !Audited) 12,381 .63 11 ,429.00 1,053.19 678.26 191.86 191.86 2,661.44 1,818.30 228.60 165.85 - 89.73 2,390.93 2,390.93 1,711 .39 139.26 554.46 357.90 21,173.50 17,261.09 19,753.11 13,043.50 1,822.36 - 12,074.48 11 ,606.41 866.99 649.71 5,039.08 9,771 .14 1,100.00 - 8.88 26.96 1,484.86 1,471.60 42,149.76 36,569.32 63,323.26 53,830.41 1,152.08 1,152.08 48,136.30 43,779.17 49,288.38 44,931.25 1,632.56 948.34 233.14 158.19 598.07 588.76 2,463.77 1,695.29 5,071.49 2,934.70 257.57 1113 3.44 400.68 346.49 3,843.51 2,502.44 851.30 615.66 449.40 586.44 276.45 120.87 420.71 13.83 11,571.11 7,203.87 63,323.26 53,830.41 •••••••a•••••• eta/ l : *
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{ I SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Complex Chambaghat , District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Standalone Unaudited Statement of Cash Flow for the six month period ended Particulars A Cash flows from operating activities Profit before tax Adjustments for: Depreciation and amortisation expenses Finance costs Interest income Unwinding income of security deposits Gain on fair value of current investments Unrealised foreign exchange (gain) Loss on sale, disposal, discard of property, plant and equipment (net) Dividend income Operating cash flows before working capital changes Adjustment for : Trade receivables Inventories Other financial and non-financial assets Other current and non-current assets Trade payables Other current financial liabilities Other current and non-current liabilities Provisions Cash flows from operations Income tax paid Net cash flows from operating activities (A) B Net cash flows from investing activities Purchase of property, plant and equipment , intangible assets, capital work-in progress and intangible assets under development(including capital creditors and capital advances) Proceeds from sale of property, plant and equipment Investment in subsidiary Loans given Investments in mutual funds Movement in bank deposits (net) Interest received Dividend received Net cash used in investing activities (8) C Cash flows from financing activities Proceeds from current borrowings (net) Principal payment of lease liabilities Interest paid (including of interest on lease liabilities) Dividend paid Net cash flows from financing activities (C ) Net increase/{decrease) in cash and cash equivalents {A+B+C) Cash and cash equivalents at the beginning of the period Unrealised exchange (loss)/gain Cash and cash equivalents at the end of the period 30 September 2026 (Unaudited) 7,612.47 770.73 244.31 (296.25) (3.92) (14.45) (135.48) 20.46 (0.44) 8,197.43 (375.47) (6,709.61) (10.13) (15.52) 1,401.26 178.02 (96.12) 66.56 2,636.42 (1 ,523.12) 1,113.30 (2,209.41) 71 .15 - (1 ,100.00) (1 ,807.91) 3,269.94 214.46 0.44 {1 ,561.33) 2,173.94 (194.93) (180.24) (1 ,133.19) 665.58 217.55 649.71 (0.27) 866.99 (Rs. in Lakhs) 30 September 2025 · (Unaudited) 5,640.99 559.85 151 .39 (309.59) (1 .20) - (141.83) 20.26 (0.40) 5,919.47 (1 ,093.23) (1 ,326.07) (781.23) (282.83) (164.40) 41.46 412.94 11 .30 2,737.41 (1 ,215.31) 1,522.10 (1 ,086.38) 18.31 ~ 0.95) - - (3,220.41) \ 194.45 0.40 (4,114.58) 1,122.99 (26.89) (~ 11 .70) (59.46) 924.94 (1 ,667.54) 1,93,(3.60 0.19 269.25
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(, SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Complex Chambaghat , District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Notes to standalone unaudited financial results for the quarter and six month ended 30 September 2026 These standalone unaudited financial results of Shivalik Bimetal Controls Limited ('the Company') have been prepared in accordance with recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), as prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in Ind~ and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2 The above standalone unaudited financial results for the quarter and half year ended 30 September 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 4 November 2026 and a limited review of the same has been carried out by the statutory auditors. 3 The Company operates in only one reportable business segment i.e., "process and product engineering" as determined by the chief operating decision maker in accordance with Ind-AS 108 "Operating Segments". 4 During the quarter ended 30 September 2026, the Company has paid a final dividend of Rs. 2 per equity share of (Rs. 2 each) amounting to Rs. 1,152.08 lakhs for the year ended 31 March 2026 post shareholders' approval at the Annual General Meeting held on 2 September 2026. 5 Subsequent to quarter ended 30 September 2026 , the Board of Director of the Company has declared an interim dividend of Rs. 2 per equity share (100% of the face value of Rs. 2 each) at its meeting held on 4 November 2026, with a total payout of INR 1,152.08 lakhs. 6 Subsequent to quarter ended 30 September 2026, the Board of Directors of the Company, at its meeting held on 4 November 2026, proposed the issue of two bonus equity shares of Rs. 2 each for every one fully paid-up equity share, by capitalising up to Rs. 2,304.17 lakhs from retained earnings, subject to shareholders' approval. The record date will be announced in due course. 7 The results for the quarter and period ended 30 September 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/) 8 Previous periods figures have been regrouped/reclassified , wherever necessary. The impact of such reclassification/regrouping is not material to the financial results. Place: New Delhi Date: 4 November 2026 For and on Behalf of Board of Directors (N. S. Ghumman) Chairman DIN: 00002052 ,. J,
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Walker Chandiok &_Co LLP Walker Chandiok & Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase 11, Gurugram -122 002 Haryana, India T +91 124 462 8099 F +91 124 462 8001 Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Shivalik Bimetal Controls Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of Shivalik Bi metal Controls Limited 1. We have reviewed the accompanying statement of consolidated unaudited financial results ('the Statement') of Shivalik Bimetal Controls Limited ('the Holding Company') and its subsidiaries (the Holding Company and its subsidiaries together referred to as 'the Group') and its associate (refer Annexure 1 for the list of subsidiaries and associate included in the Statement) for the quarter ended 30 September 2026 and the consolidated year to date results for the period 01 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding 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 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. 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 Listing Regulations, to the extent applicable. Chartered Accountants Walker Chandiok & Co LLP is registered with limited liability with Offices in Bengaluru, Chandigarh, Chennai, Gurugram, Hyderabad, Kochi, identification number AAC-2085 and its registered office at L-41 Kolkata, Mumbai, New Delhi, Jaipur, Naida and Pune Connaught Circus, New Delhi, 110001, India
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Shivalik Bi metal Controls Limited Pursuant to the Regulation 33 of the Listing Regulations (cont'd) 4. Based on our review conducted and procedures performed as stated In paragraph 3 above and upon consideration of the review report of the other auditor referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act and other accounting principles generally accepted In India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. The Statement also includes the Group's share of net profit after tax of Rs. 114.36 lakhs and Rs. 341.67 lakhs and total comprehensive income of Rs. 114.36 lakhs and Rs. 341.67 lakhs for the quarter and year-to-date period ended on 30 September 2026 respectively, as considered In the Statement, in respect of one associate, whose interim financial information have not been reviewed by us. These interim financial information have been reviewed by other auditor whose review report has been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of the said associate is based solely on the review report of such other auditor and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the report of the other auditor. 6. The review of consolidated unaudited quarterly financial results for the period ended 30 June 2026, included in the Statement was carried out and reported by ARORA GUPTA & Co. who have expressed unmodified conclusion vide their review report dated 06 August 2026, whose review report has been furnished to us by the management and which has been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter. 7. The review of consolidated unaudited consolidated quarterly and year-to-date financial results for the period ended 30 September 2025 and audit of consolidated financial results for the quarter and year ended 31 March 2026 included in the Statement was carried out and reported by ARORA GUPTA & Co. who have expressed unmodified conclusion vide their review report dated 12 November 2025 and unmodified opinion vide their audit report dated 18 May 2026, respectively, whose report has been furnished to us and which has been relied upon by us for the purpose of our review of the Statement. Our conclusion is not modified in respect of this matter. For Walker Chandlok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 \-\~o "'\) ~'-kd-~ Madhu Sudan Malpani Partner Membership No. 517440 UDIN: 26517440BFGCOE1036 Place: New Delhi Date: 04 November 2026 Chartered Accountants
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Walker Chandiok &.Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of Shivallk Bimetal Controls Limited Pursuant to the Regulation 33 of the Listing Regulations (cont'd) Annexure 1 List of entities included in the Statement (In addition to the Holding Company) 1. Shivalik Engineered Products Private Limited (Wholly Owned Subsidiary); 2. Shivalik Bimetal Engineers Private Limited (Wholly Owned Subsidiary); 3. Shivalik Bimetals Europe SRL (LLC), Italy (Wholly Owned Subsidiary); and 4. Innovative Clad Solutions Private Limited (Associate). \>-A 1 {This space has been intentionally left blank) Chartered Accountants
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- ~-. , . ; SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Complex Chambaghat, District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Statement of Consolidated Unaudited Financial Results for the quarter and six month period ended 30 September 2026 (Rs. in lakhs, except per equity share data) Sr. Quarter ended Six month ended Year ended No. Particulars 30 September 2026 30 June 2026 30 September 2025 30 September 2026 30 September 2025 31 March 2026 {Unaudited) {Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Revenue from operations 19,778.83 18,219.64 13,740.25 37,998.47 27,399.93 57,086.07 2 Other income 297.12 360.12 359.66 657.24 576.27 1,227.28 3 Total income (1+2) 20,075.95 18,579.76 14,099.91 38,655.71 27,976.20 58,313.35 4 Expenses a) Cost of materials consumed 13,177.51 12,971 .17 7,269.38 26,148.68 15,142.72 32,483.41 b) Changes in inventories of finished goods and work in progress (2,398.71) (2,658.74) 2.62 (5,057.45) (302.50) (1,205.88) c) Employee benefits expense 1,632.48 1,506.81 1,391.12 3,139.29 2,627.36 5,415.79 d) Finance costs 210.52 129.63 114.23 340.15 215.74 469.20 e) Depreciation and amortisation expenses 540.94 395.50 336.28 936.44 663.73 1,382.02 f) Other expenses I 2,347.11 2,064.16 1,969.73 4,411.27 3,629.75 7,320.27 Total expenses (4a to 4fl 15,509.85 14,408.53 11,083.36 29,918.38 21,976.80 45,864.81 5 Profit before share of profit from associate, exceptional items and tax (3-4) 4,566.10 4,171.23 3,016.55 8,737.33 5,999.40 12,448.54 6 Share of profit in associate 114.36 227.31 227.27 341 .67 283.06 335.38 7 Profit before exceptional items and tax (5+6) 4,680.46 4,398.54 3,243.82 9,079.00 6,282.46 12,783.92 8 Exceptional Items - - - - - (92.06) 9 Profit before tax (7-8) 4,680.46 4,398.54 3,243.82 9,079.00 6,282.46 12,691.86 10 Tax expense - Current tax 1,201 .31 1,060.73 744.46 2,262.04 1,497.28 3,037.25 - Deferred tax 4.00 25.90 13.98 29.90 21 .74 68.76 Total tax expense 1,205.31 1,086.63 758.44 2,291.94 1,519.02 3,106.01 11 Net profit for the period!vear (9-10) 3,475.15 3,311.91 2,485.38 6,787.06 4,763.44 9,585.85 12 Other comprehensive income (OCI) i) a) Items that will not be reclassified to profit and loss (162.16) (15.00) (34.16) (177.16) (34.16) (2.86) b) Income tax relating to items that will not be reclassified to profit and loss 41.17 3.77 8.48 44.94 8.48 0.59 ii) a) Items that will be reclassified to profit and loss (0.72) 0.22 - (0.50) 0.20 1.43 b) Income tax relating to items that will be reclassified to profit and loss - - - - - - 13 Total comprehensive income for the period/year (11+12) 3,353.44 3,300.90 2,459.70 6,654.34 4,737.96 9,585.01 14 Paid-up equity share capital (face value of Rs. 2 per share) 1,152.08 1,152.08 1,152.08 1,152.08 ~ .... 1.J.!'i2.08 1,152.08 15 Other equity 46,982.64 16 Earnings per share of Rs. 2 each (not annualised for the : Qj • ,. quarters/six months) : ?..- . :~ .... Basic and Diluted 5.82 5.73 4.27 11 .55 t ·;;:. 8.25?_ t 16.64 ~ 7 v .. , <t~ A. * -~"\ / -······· \
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Sr. No A ASSETS 1 Non current assets Property, plant and equipment Capital work-in-progress Investment property Right of use assets Goodwill Other intangible assets Intangible assets under development Financial assets Investment Other non current financial assets Other non-current assets Total non-current assets 2 Current assets Inventories Financial assets Investments Trade receivables Cash and cash equivalents SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Complex Chambaghat, District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Statement of Consolidated Unaudited Assets and Liabilities as at Particulars Other bank balances other than cash and cash equivalents Other current financial assets Other current assets Current tax assets Total current assets Total assets (1+2) B EQUITY AND LIABILITIES 1 Equity Equity share capital Other equity Total equity 2 Liabilities Non-current liabilities Financial liabilities Borrowings Lease liabilities Provisions Deferred tax liabilities (net) Total non-current liabilities Current liabilities Financial liabilities Borrowings Lease liabilities Trade payables Total outstanding dues of micro enterprises and small enterprises Total outstanding dues of creditors other than micro enterprises and small enterprises Other financial liabilities Other current liabilities Provisions Current tax liabilities (net) Total current liabilities Total equity and liabilities (1 +2) (Rs. in Lakhs) 30 Seotember 2026 31 March 2026 IUnauditedl (Audited) 16,415.43 12,231.24 1,161.43 3,382.92 191.86 191.86 2,894.76 2,076.21 203.33 203.33 284.96 252.86 - 102.88 1,962.49 1,620.82 1,785.31 212.73 567.95 435.11 25,467.52 20,709,96 23,456.37 15,302.71 1,822.36 - 16,572.28 15,554.66 890.49 698.40 5,039.08 9,771.14 27.67 68.62 1,522.63 1,492.21 1.55 - 49,332.43 42,887.74 74,799.95 63,597.70 1,152.08 1,152.08 52,484.90 46,982.64 53,636.98 48,134.72 1,169.88 1,181.98 1,729.07 1,059.23 263.41 180.78 698.40 668.50 3,860.76 3,090.49 ,. 6,395.79 4,756.62 283.82 115.77 450.80 371.58 \ 7,620.70 5,441.90 1,080.86 699.40 684.23 816.35 306.24 146.75 479.77 24.12 17,302.21 12,372.49 74,799.95 63,597.70 J,
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SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Comple x Chambaghat , District Solan (Himachal Pradesh)-173213 CIN : L27101HP1984PLC005862 Consolidated Unaudited Statement of Cash Flow for the six month period ended Sr. No. A Particulars Cash flows from operating activities Net Profit before tax Adjustments for: Depreciation and amortisation expenses Share of profit of an associate Finance costs Interest income Unwinding income of security deposits Gain on fair value of current investments Amortisat ion of government grant Unrealised foreign exchange (gain) Loss on sale, disposal, discard of property, plant and equipment (net) Dividend income Operating cash flows before working capital changes Adjustment for : Trade receivables Inventories Other financial and non-financial assets Other current and non-current assets Trade payables Other current and non-current liabilities Other current financial liabilities Provisions Cash flows from operations Income tax paid Net cash flows from operating activities (A) B Net cash flows from investing activities Purchase of property, plant and equipment, intangible assets , capital work-in progress and intangible assets under development (including capital creditors and capital advances) Proceeds from sale of property, plant and equipment Movement in current investments Movement in other bank deposits (net) Interest received Dividend received Net cash used in investing activities (B) C Cash flows from financing activities Proceeds from non-current borrowings Repayment of non-current borrowings Proceeds from current borrowings (net) Principal payment of lease liabilities Interest paid (including of interest of Rs. 71 .66 lakhs on lease liabilities) Dividend paid Net cash flows from financing activities (C ) Net increase/(decrease) in cash and cash equivalents (A+B+C) Cash and cash equivalents at the beginning of the period Unrealised exchange (loss)/gain Cash and cash equivalents at the end of the period 30 September 2026 (Unaudited) 9,079.00 936.44 (341.67) 340.15 (285.47) (4.30) (14.64) . (0.09) (161 .10) 20.46 (0.44) 9,568 .34 (923.29) (8,153.66) (84.72) (32.33) 2,288.65 31.10 192.76 64.96 2,951.81 (1 ,761.45) 1,190.36 (2,869.90) 71.18 (1,807.91) 3,269.94 285.47 0.44 (1,050.78) 160.83 (107.36) 1,610.01 (143.44) (334.06) (1,133.19) 52.79 192.37 698.40 (0.28) 890.49 I\ ~ (Rs. in Lakhs) 30 September 2025 (Unaudited) 6,282.46 663.73 (283.06) 258.32 (310.22) (1.20) - (0.12) (106.70) 24.36 (0.40) 6,527.37 (1 ,276.00) (1,370.03) (982.12) (309.41) 119.88 378.73 61 .79 12.99 3,163.00 (1,302.83) 1,860.17 (1,975 .80) ,, 123.56 - (3,164 .91) ·, 310.22 0.40 (4,706.53) 10.94 (105.02) 1,565.10 (150.13) (212.59) (59.46) 1,048.84 '· (1,797.52) 2,092 .92 0.19 295.59
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SHIVALIK BIMETAL CONTROLS LIMITED Registered Office: 16-18, New Electronics Complex Chambaghat, District Solan (Himachal Pradesh)-173213 GIN : L27101HP1984PLC005862 Notes to consolidated unaudited financial results for the quarter and six months ended 30 September 2026 These consolidated unaudited financial results of Shivalik Bimetal Controls Limited ('the Holding Company') and its s_ubsidiaries and associate together refered to as 'Group' have been prepared in accordance with recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), as prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2 The above consolidated unaudited financial results for the quarter and half year ended 30 September 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 4 November 2026 and a limited review of the same has been carried out by the statutory auditors. 3 The Group operates in only one reportable business segment i.e., "process and product engineering" as determined by the chief operating decision maker in accordance with Ind-AS 108 "Operating Segments". 4 During the quarter ended 30 September 2026, the Holding Company has paid a final dividend of Rs. 2 per equity share of (Rs. 2 each) amounting to Rs. 1, 152.08 lakhs for the year ended 31 Marc~ 2026 post shareholders' approval at the Annual General Meeting held on 2 September 2026. 5 Subsequent to quarter ended 30 September 2026, the Board of Director of the Holding Company has declared an interim dividend of Rs. 2 per equity share (100% of the face value of Rs. 2 each) at its meeting held on 4 November 2026, with a total payout of INR 1,152.08 lakhs. 6 Subsequent to quarter ended 30 September 2026, the Board of Directors of the Holding Company, at its meeting held on 4 November 2026, proposed the issue of two bonus equity shares of Rs. 2 each for every one fully paid-up equity share, by capitalising up to Rs. 2,304.17 lakhs from retained earnings, subject to shareholders' approval. The record date will be announced in due course. 7 The results for the quarter and period ended 30 September 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/) 8 Previous periods figures have been regrouped/reclassified, wherever necessary. The impact of such reclassification/regrouping is not material to the financial results. Place: New Delhi Date: 4 November 2026 _ .. ··:·;;eta//5·· ... _ For and on Behalf of Board of Directors ...-<o" o,:,·· •• ~ - (i~ ~·ii ~ \-~ ~) .. ,,,_ A.. .. (N. S. Ghumman) "< .. ~.$' * -~"\ __ ./ Chairman ···• ................ •··· DIN: 00002052 "