Shivalik Bimetal Controls Q1 Results, Revenue at ₹12,598.06 lakhs, Net Profit Up to ₹1,782.12 lakhs

Shivalik Bimetal Controls Q1 Results 2024

Shivalik Bimetal Controls Q1 Results: Shivalik Bimetal Controls has announced its financial results for the first quarter of 2024-2025, showing a stable performance compared to the previous quarter. For the period ending June 30, 2024, the company's revenue from operations was ₹12,598.06 lakhs, a slight decrease of 1.4% from ₹12,776.29 lakhs in the previous quarter.

Despite this small drop, the company's total income increased by 1.5% to ₹12,883.88 lakhs, driven by other income. The company reported a net profit of ₹1,782.12 lakhs for Q1 2024-2025, which is a significant improvement of 134.4% compared to ₹663.65 lakhs in the same quarter last year.

The increase in profit is attributed to better management of expenses and a lower tax expense. Overall, Shivalik Bimetal Controls demonstrated solid growth in profitability while maintaining stable revenue levels.

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Quarterly - Shivalik Bimetal Controls Q1 Results 2024 - 2025

Here is a summary of Shivalik Bimetal Controls's financial results for Q1 of 2024-2025:

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Shivalik Bimetal Controls Current Market Overview

Shivalik Bimetal Controls is currently trading at ₹592 per share, with a small drop of 1.87% recently. The company has a market value of ₹3,412 crore and its stock has ranged between ₹694 and ₹460 in the past. It has a price-to-earnings ratio of 42.2 and a book value of ₹59.3 per share.

Shivalik offers a low dividend yield of 0.12% but has strong financial performance, with high returns on capital and equity at 33.0% and 27.8%, respectively.

Quarterly Results

Here is the quarterly financial performance of Shivalik Bimetal Controls for the end of 2023 and the first quarter of 2024:

About Shivalik Bimetal Controls

Shivalik Bimetal Controls is a company specializing in advanced material joining techniques. Founded in 1986, it provides solutions using methods like Diffusion Bonding, Electron Beam Welding, and Resistance Welding.

The company offers a range of products including thermostatic bimetals, clad metals, and multi-material strips used in various industries. Known for its precision and quality, Shivalik has been a trusted partner for many major original equipment manufacturers (OEMs) globally.

Their expertise in creating reliable and high-quality components has established them as a key player in their field.

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