'
Shivalik Bimetal Controls hosted
a conference call on Nov 13, 2025. In the conference call the company was
represented by Kabir Ghumman, Managing Director.
Key takeaways of the call
Shunt Resistors business in
Q2FY26 contributed around 50% & 49.4% of total business in value terms in
Q2FY26 and H1FY26 respectively. Balance was accounted by Bimetals.
Shunt resistors: India posted
strong growth at +25.23% YoY (to Rs 22.35 crore vs Rs 17.85 crore) driven by
domestic demand from the smart meter and industrial sectors. Asia (Others) grew
+38.50% YoY to Rs 15.50 crore, supported by regional customer expansion.
Americas saw a about 17.29% YoY decline to Rs 14.67 crore, reflecting softer
exports. Europe saw a marginal decline of about 0.62% YoY to Rs 6.43 crore.
Bimetals: Americas grew +1.04%
YoY to Rs 11.71 crore, maintaining its recovery momentum. Europe improved
significantly +74.68% YoY...
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