Production Started General Industrials NSE: SBCL ·

Shivalik Bimetal Starts Pune Phase-I Production Following Regulatory CTO Approval

NSE Filing 3 min read 15 views
Shivalik Bimetal Starts Pune Phase-I Production Following Regulatory CTO Approval

Shivalik Bimetal Controls Ltd — Production Started · SBCL

Market Cap

₹4,199.35 Cr

General Industrials

Operating Margin

21.81%

Quarterly

TTM Revenue

₹570.86 Cr

Annual Operating

RSI

47.97

Neutral Zone

! Key Highlights

  • Consent to Operate (CTO) valid through June 30, 2032, issued by the Maharashtra Pollution Control Board
  • Facility focuses on Cell Connecting Systems and battery-related value-added components
  • Phased operationalization strategy aligned with customer qualification and program schedules
  • Expansion of manufacturing footprint beyond existing sites in Chambhaghat and Kather
  • Strategic targeting of high-growth segments in automotive electrification and energy management

Shivalik Bimetal Controls Ltd has secured the Consent to Operate for its new Pune Phase-I manufacturing plant, marking a significant step into the automotive electrification supply chain. The facility will focus on high-precision components like bus-bar connectors and PCBA assemblies for global OEM and Tier-1 customers.

Production Commenced — What It Means

The Pune Phase-I facility represents a strategic expansion into the automotive electrification sector. By securing the Consent to Operate until 2032, the company is positioned to scale the production of integrated solutions for battery-related applications. This includes specialized bus-bar connectors and PCBA assemblies.

The facility aims to provide OEM and Tier-1 customers with high-precision components, leveraging the company's existing expertise in materials science and electronics to meet the rigorous technical demands of the electric vehicle market and advanced industrial applications.

Path to This Milestone

This operational milestone follows a disciplined approach to industrialization and capacity expansion. The Pune plant marks a significant diversification of the company's manufacturing base, which previously centered on facilities in Chambhaghat and Kather. Moving into Phase-I operations involves completing rigorous customer and process qualifications to ensure repeatable production standards.

This facility is designed as a scalable manufacturing platform specifically for Cell Connecting Systems, integrating materials science, precision joining, and application engineering onto a single, cohesive operational platform to serve global markets.

Revenue Impact

The operationalization of the Pune facility is expected to deepen Shivalik Bimetal's participation in high-value automotive and electrification applications over time. While commercial production will scale in line with specific program requirements, the focus on value-added components typically supports higher wallet share with global customers. Financial data indicates a strong baseline, with quarterly operating revenue growing 22.8 percent year-on-year to 162.63 Cr.

The expansion into integrated components is part of a broader strategy to strengthen long-term revenue visibility and improve customer relevance in the electronics sector.

Business Overview

Founded in 1984, Shivalik Bimetal Controls specializes in engineering precision materials, including thermostatic bimetal strips and low-ohmic shunt resistors. The company employs approximately 1,000 people and serves over 300 global customers across the automotive, industrial, and smart metering sectors. Its proprietary processes include electron beam welding and diffusion bonding.

The new Pune facility enhances its ability to supply the battery management and energy storage industries, complementing its existing portfolio of current-sensing components, switching solutions, and high-reliability use-cases where accuracy and thermal control are critical.

Shivalik Bimetal Controls Ltd — Financial Snapshot

BSE: 513097 · NSE: SBCL · General Industrials

Current Market Price ₹729 per share
Market Capitalisation ₹4,199.35 Cr BSE Listed
Revenue (Annual) ₹570.86 Operating
Net Profit (Annual) ₹95.86 Consolidated
P/E Ratio (TTM) 43.81× Sector: 59.38×
Promoter Holding 33.37% +0.20% QoQ
FII Holding 1.73% Current Qtr

"The Consent to Operate is an important milestone in the operationalisation of our Pune facility (Phase-I). The approved capacity provides a scalable manufacturing platform for Cell Connecting Systems and supports our strategy of increasing participation in value-added components and assemblies."

— Mr. Sumer Ghumman, Whole-time Director

Source Verified

Exchange filing by Shivalik Bimetal Controls Ltd announcing the receipt of Consent to Operate for its Pune manufacturing facility. Financial metrics from Trendlyne.

View Filing