Results: Shivalik Bimetal Controls Limited Exceeded Expectations And The Consensus Has Updated Its Estimates

Shareholders might have noticed that Shivalik Bimetal Controls Limited (NSE:SBCL) filed its second-quarter result this time last week. The early response was not positive, with shares down 5.0% to ₹474 in the past week. Shivalik Bimetal Controls reported ₹1.4b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of ₹4.27 beat expectations, being 9.5% higher than what the analyst expected. The analyst typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we collected the latest post-earnings statutory consensus estimate to see what could be in store for next year.

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Following the latest results, Shivalik Bimetal Controls' lone analyst are now forecasting revenues of ₹5.66b in 2026. This would be a satisfactory 6.9% improvement in revenue compared to the last 12 months. Per-share earnings are expected to climb 13% to ₹17.10. In the lead-up to this report, the analyst had been modelling revenues of ₹5.99b and earnings per share (EPS) of ₹17.30 in 2026. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.

View our latest analysis for Shivalik Bimetal Controls

The average price target was steady at ₹734even though revenue estimates declined; likely suggesting the analyst place a higher value on earnings.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We would highlight that Shivalik Bimetal Controls' revenue growth is expected to slow, with the forecast 14% annualised growth rate until the end of 2026 being well below the historical 19% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 11% per year. Even after the forecast slowdown in growth, it seems obvious that Shivalik Bimetal Controls is also expected to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analyst reconfirming that the business is performing in line with their previous earnings per share estimates. They also downgraded Shivalik Bimetal Controls' revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. With that said, earnings are more important to the long-term value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Shivalik Bimetal Controls going out as far as 2028, and you can see them free on our platform here.

Even so, be aware that Shivalik Bimetal Controls is showing 1 warning sign in our investment analysis , you should know about...

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.