Industrial Goods company Shivalik Bimetal Controls announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Standalone EBITDA for Q4FY25 increased by 24.87% to Rs 26.47 crore from Rs 21.20 crore in Q4FY24. The standalone EBITDA margin also saw an expansion of 422 basis points, reaching 23.17% in Q4FY25 compared to 18.96% in the same period last year. Profit before tax (excluding other income) grew 31.48% YoY to Rs 23.12 crore in Q4FY25, compared to Rs 17.58 crore in Q4FY24. PBT margin expanded by 451 basis points to 20.24% from 15.73% last year. Total Income stood at Rs 114 crore for Q4FY25 compared to Rs 111 crore for Q4FY24 FY25 Financial Highlights: For the full year FY25, PBT stood at Rs 84.70 crore versus Rs 87.74 crore in FY24, with PBT margin steady at 19.37%, reflecting sustained operating leverage despite a modest decline in topline Total Income stood at Rs 437 crore for FY25 compared to Rs 449 crore for FY24 Kabir Ghumman, Managing Director, said: “FY2025 unfolded within a complex macro environment, shaped by asynchronous global recoveries and ongoing inventory adjustments across end-use sectors. Against this backdrop, we maintained a measured execution approach, allowing us to sustain a full-year standalone EBITDA margin of 22.28% and expand our Q4 margin by over 400 basis points year-on-year to 23.17%. Our fourth quarter also saw a 31.5% increase in profit before tax, reflecting steady improvement in operating efficiency and cost management. Shunt Resistors continued to perform well, with double-digit growth in India, Asia, and Europe. These outcomes are aligned with a broader sectoral shift towards smart metering, industrial controls, and electric mobility, segments which provide greater visibility and long-term traction. At the same time, demand moderation in select geographies, particularly the Americas, reinforced the importance of maintaining a balanced portfolio. We are actively enhancing localisation and forward integration efforts, with a view to creating a more resilient and regionally attuned operating model. These efforts are expected to support the next phase of our evolution as we navigate FY2026.” Sumer Ghumman, Whole-Time Director, added: “During FY2025, we focused on strengthening our business fundamentals while adapting to regional shifts in demand. Growth momentum in India, Southeast Asia, and Europe remained encouraging, particularly within the Shunt Resistor product line, while we saw a more subdued environment in traditional bimetal applications, particularly in the Americas. This divergence validates our long-standing diversification strategy. With Shunt Resistors now contributing nearly half of our revenue and new markets expanding our global reach, our revenue profile is more balanced across both product and geography. As we move forward, we remain focused on enhancing our execution capabilities, deepening value addition through select vertical integration, and aligning more closely with evolving global trends and supply chain de-risking. Our core focus also remains on enhancing customer engagement, deepening product customisation, and driving manufacturing agility to support changing application needs across electrification and energy infrastructure. Rajeev Ranjan, Chief Financial Officer, said: “FY2025 was a year of maintaining balance, between protecting margins and adapting to a softer topline environment. Despite a modest 2.72% decline in revenue, we upheld a full-year EBITDA margin of 22.28%, with the fourth quarter showing encouraging traction as margin expanded by over 400 basis points year-on-year to 23.17%. This outcome was supported by consistent gross profitability and prudent cost oversight. Working capital remained well-contained. Despite elevated inventory to support export fulfilment, net working capital days moved only marginally, reflecting the discipline we apply across our operations. Profit After Tax stood at Rs 72.43 crore, translating to a PAT margin of 16.57%, and Return on Capital Employed was a healthy 24.65%, through our continued focus on efficient capital deployment. As we step into FY2026, our approach will remain measured. The broader tailwinds in smart metering, mobility, and digital infrastructure (such as grid modernisation and intelligent energy systems) give us reason to be constructive, while remaining disciplined in execution.” Result PDF