Shivalik Bimetal Controls Ltd

The Emerging Companies 2025
OVERVIEW
FINANCIALS

About

Shivalik Bimetal Controls Ltd., founded in 1984, is a specialised manufacturer of advanced metallurgical products, serving a broad range of industrial applications. The company produces high-performance materials such as Thermostatic Bimetal and Trimetal Strips, Spring Rolled Stainless Steels, Cold Bonded Bimetal Strips and Parts, Snap Action Discs, and various other precision-engineered components. These products are widely used in temperature control devices, circuit breakers, automotive electronics, and other electrical and electromechanical systems. Shivalik combines metallurgical expertise with cutting-edge manufacturing technologies to deliver consistent quality and performance across its product range. Under the leadership of Chairman Mr. N.S. Ghumman, the company has built a strong global reputation, supplying both domestic and international clients. Shivalik Bimetal Controls Ltd. is listed on the National Stock Exchange (NSE) and continues to invest in innovation and capacity expansion to meet the evolving demands of the market. The company’s commitment to excellence has made it a trusted name in the bimetal industry.

Incorporation Year: 1984
Headquarters: Himachal Pradesh
Top Management: Kabir Ghumman - Managing Director & NARINDER SINGH GHUMMAN (Executive Director,Chairperson related to Promoter,MD)
Industry: Metals

Featured In Fortune India Ranking

#83(2025)

Financial Data 2024

Revenue
546
(INR Cr)
Net Operating Income
509
(INR Cr)
Assets
385
(INR Cr)
Profit
84
(INR Cr)
Net Worth
342
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
546
9.43%
499
45.02%
344
55.60%
221
20.65%
183
-14.19%
214
25.10%
171
38.05%
124
13.97%
108
10.77%
98
20.96%
81
2.98%
79
-6.15%
84
-16.45%
100
27.44%
79
5.05%
75
-
Net Operating Income
(INR Cr)
509
8.20%
470
45.18%
324
59.04%
204
8.81%
187
-3.19%
193
22.51%
158
33.04%
119
9.18%
109
14.14%
95
17.99%
81
3.12%
78
-1.52%
79
-16.18%
95
24.46%
76
1.52%
75
-
Profit
(INR Cr)
84
6.54%
79
43.53%
55
116.20%
25
89.52%
13
-45.39%
25
49.00%
17
101.09%
8
146.85%
3
-32.59%
5
39.94%
4
196.64%
1
-54.75%
3
-3.31%
3
-42.74%
5
3.94%
5
-
Assets
(INR Cr)
385
18.46%
325
30.01%
250
47.76%
169
19.89%
141
-6.11%
150
26.15%
119
22.46%
97
-4.64%
102
-2.92%
105
10.63%
95
1.29%
94
-8.76%
103
18.86%
87
13.99%
76
15.93%
65
-
Net Worth
(INR Cr)
342
28.63%
266
38.57%
192
37.35%
140
21.05%
115
9.96%
105
26.28%
83
21.29%
68
24.95%
55
0.00%
61
8.33%
56
6.70%
53
2.31%
51
5.38%
46
3.08%
45
9.58%
41
9.61%
Employee Cost
(INR Cr)
43
12.05%
38
40.76%
27
21.95%
22
11.04%
20
18.32%
17
16.85%
14
16.68%
12
-3.80%
13
25.49%
10
18.03%
9
1.63%
9
12.61%
8
27.90%
6
32.81%
4
8.74%
4
-
Interest Cost
(INR Cr)
4721233243333433
Cash & Bank Balance
(INR Cr)
38171115000180000232
Total Debt
(INR Cr)
42585729244435284744384050403124

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 15.44%15.86%16.02%11.53%7.34%11.54%9.69%6.65%3.07%5.04%4.36%1.51%3.14%2.71%6.04%6.10%
Profit As % Of Assets 21.88%24.33%22.04%15.06%9.53%16.38%13.87%8.45%3.26%4.70%3.71%1.27%2.56%3.14%6.26%6.98%
Profit As % Of Networth 24.68%29.79%28.76%18.27%11.67%23.50%19.92%12.01%6.08%8.11%6.28%2.26%5.11%5.93%10.67%11.25%
Interest Cost to EBITDA % 4.64%6.46%3.76%4.51%14.17%10.07%12.91%13.62%32.62%22.60%30.93%51.35%92.97%42.15%30.58%36.21%
Debt to Equity Ratio 0.170.260.260.210.320.430.430.610.860.710.730.880.810.800.660.55
RONW 27.77%34.61%33.29%20.01%12.23%26.23%21.83%13.35%5.93%9.53%7.29%1.73%1.93%6.02%11.16%11.77%
ROCE 32.86%38.02%36.28%23.17%13.79%28.23%23.95%16.29%9.86%12.66%8.36%5.02%4.66%12.00%13.76%13.29%