SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Earnings Call -- Audio Recording
Earnings call-- Audio Recording of Q4FY24 & FY 2431-05-2024
31-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation on Earnings call for the Q4FY24 & FY2430-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Results-Newspaper Publication30-05-2024
Q4FY24 Quarterly & FY24 Annual Result Announced for Shivalik Bimetal Controls Ltd.
Industrial Goods company Shivalik Bimetal Controls announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: PAT surged by 34.07% to Rs 25.33 crore, with PAT margin up by 551 basis points to 22.66%, reflecting enhanced profitability and better operational efficiency. FY24 Financial Highlights: Total income rose by 6.94% to Rs 449.40 crore, showcasing resilient revenue generation despite moderated North Atlantic demand. Recommended a final dividend of 50% (Rs 1.00 per equity share) for FY24, in addition to the interim dividend of Rs 0.70 per share already paid, aggregating Rs 1.70 per share for the year. Asia (excluding India): Achieved a notable increase of 32.84% YoY in Shunt Resistor sales. India: Growth rose to 31.69% YoY in Thermostatic Bimetal/Trimetal sales, effectively offsetting the sluggish demand from the Americas. S.S. Sandhu, Chairman, commented, "Over the past five years, we have built a solid foundation for growth and profitability, and I am confident that our strategic initiatives will continue to drive success in the years to come. Our focus on expanding domestic demand, coupled with the pursuit of global partnerships, particularly in the silver contacts segment, positions us favourably for future success. We expect robust growth in the domestic market to continue, and we are prepared to take advantage of the anticipated rebound in the USA. Strategically, we remain focused on expanding our product lines and leveraging our research and development capabilities to drive forward integration. Our financial strength ensures that we remain a debt-free company and are ready for any inorganic expansion should a strong opportunity present itself." CFO Rajeev Ranjan added, "Shivalik is well-positioned for long-term growth, underpinned by strong market tailwinds, a robust balance sheet, and solid financial performance. The Company also benefitted from a Production Linked Incentive (PLI) scheme, adding ~Rs 8 crore in cash and ~Rs 12 crore as other income for a significantly raised PAT. Our consistent earnings growth, highlighted by the 43.98% CAGR in EPS, demonstrates our commitment to delivering substantial shareholder value. Looking ahead, we anticipate steady growth recovery in the Atlantic region and continued robust demand from Asia. During FY2024, we formalized major contracts, foreshadowing a promising business pipeline. Additionally, the recent addition of a property provides sufficient headroom for our forward integration and expansion of assembly lines." Result PDF30-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release dt 29.05.202429-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Corporate Action-Board approves Dividend
Final Dividend of Rs 1.00/- per equity share recommended by the board of directors in their meeting held today May 29, 2024, subject to approval of shareholders in the forthcoming annual general meeting of the Company29-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Results - Audited Financial Results For Quarter And Year Ended March 31, 2024
Annual Audited Financial Results for quarter and year ended March 31, 202429-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Board Meeting Outcome for Outcome Of Board Meeting Dated 29 May 2024 Of Shivalik Bimetal Controls Ltd
1. The Audited Financial Results of the Company (Standalone and Consolidated) for the Financial Year ended March 31, 2024; 2. Recommended a final dividend @50% i.e. Rs. 1.00/- per equity share of Rs. 2/- each for the financial year ended March 31, 2024, subject to the approval of the shareholders at the forthcoming Annual General Meeting of the Company. The final dividend is in addition to interim dividend of Rs. 0.70/- per equity share already declared during the financial year 2023-24 3. Proposal to incorporate Wholly Owned Subsidiary in Italy, Europe29-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the year ended March 31, 2024.28-05-2024
SHIVALIK BIMETAL CONTROLS LTD. - 513097 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Earnings call Q4 FY 202427-05-2024