SBCL
Shivalik Bimetal Controls Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
SBCL
FY26 → FY28 · 2 years of guidance · ~1.7 years from today₹749 today
BEAR
₹758
+1%+1% a yr
28.9% a year · 27.4x exit
BASE
₹1,326
+77%+41% a yr
50% a year · 35.4x exit
BULL
₹1,738
+132%+66% a yr
68% a year · 37x exit
Where the market has priced it
25x45x today — outside the range37x
- the guided figure reached earnings through a low-confidence bridge
- at 45x its FY26 earnings the stock already trades above the top of its own ten-year range (37x)
- this company's own median multiple sits 111% above its filed-industry peers; the scenario uses its own
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹16.64 (screener) |
|---|---|
| Guided growth | 50% a year, said on the call of 26-May-2026 · transcript |
| Read across as | operating: unlabelled growth figure, read as revenue — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 27.43x / 35.41x / 37x, this company’s own p20 / median / p80 across 5 filed years |
| Filed-industry peers | median 16.78x across 11 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)2 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
generic growth 50%
So, we feel very confident that even if those volumes that the customer is indicating are for some reason not met, let's say we go by our not-sooptimistic scenario, or we go by a more on the pessimistic side, even with 50% growth in terms o
Call 26-May-2026 · bridge confidence low · transcript PDF