Also trades as: SHBCLQ.BO (BSE) · $vol 0M

₹1,072.10 ($11.14)

+0.40 (+0.04%)

NSE · Industrials · Manufacturing - Metal Fabrication · Tech Score Buy · Power 60 · ₹61.8B mcap · 34M float · 1.76% daily turnover

Analysis Technicals Weather Peers

Revenue

$5.7B +12.3% ▲

5Y CAGR: +22.9%

Gross Profit

$1.9B +20.6% ▲

5Y CAGR: +13.9%

Operating Income

$1.2B +24.6% ▲

5Y CAGR: +26.4%

Net Income

$959M +24.4% ▲

5Y CAGR: +30.3%

EPS (Diluted)

$16.64 +24.3% ▲

5Y CAGR: +30.4%

EBITDA

$1.3B +12.2% ▲

5Y CAGR: +26.9%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$3.2B	$4.7B	$5.1B	$5.1B	$5.7B
YoY Growth	+59.0%	+45.2%	+8.2%	-0.1%	+12.3%
Cost of Revenue	$1.7B	$2.5B	$3.6B	$3.5B	$3.8B
Gross Profit	$1.6B	$2.3B	$1.5B	$1.6B	$1.9B
Gross Margin	48.6%	47.9%	29.0%	31.0%	33.3%
R&D Expenses	$7M	$59M	$42M	$43M	$0
SG&A Expenses	$322M	$339M	$475M	$657M	$732M
Operating Expenses	$901M	$527M	$518M	$657M	$732M
Operating Income	$678M	$988M	$1.0B	$938M	$1.2B
Operating Margin	20.9%	21.0%	20.0%	18.5%	20.5%
Interest Expense	$19M	$49M	$43M	$37M	$47M
Income Before Tax	$733M	$1.0B	$1.1B	$1.0B	$1.3B
Tax Expense	$182M	$232M	$275M	$257M	$311M
Net Income	$551M	$791M	$843M	$771M	$959M
Net Margin	17.0%	16.8%	16.6%	15.2%	16.8%
EPS (Diluted)	$9.57	$13.73	$14.63	$13.39	$16.64
EBITDA	$780M	$1.2B	$1.2B	$1.2B	$1.3B
Shares Outstanding	58M	58M	58M	58M	58M

Line Item	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4
Revenue	$1.3B	$1.3B	$1.2B	$1.3B	$1.4B	$1.4B	$1.3B	$1.6B
Cost of Revenue	$731M	$712M	$696M	$914M	$757M	$907M	$904M	$1.1B
Gross Profit	$529M	$554M	$537M	$411M	$609M	$467M	$438M	$518M
Gross Margin	42.0%	43.7%	43.6%	31.0%	44.6%	34.0%	32.7%	31.8%
R&D Expenses	$0	$0	$0	$46M	$0	$0	$0	$0
SG&A Expenses	$119M	$0	$0	$156M	$155M	$190M	$0	$199M
Operating Expenses	$119M	$121M	$322M	$156M	$168M	$190M	$151M	$199M
Operating Income	$209M	$433M	$215M	$254M	$442M	$277M	$287M	$318M
Operating Margin	16.6%	34.2%	17.5%	19.2%	32.3%	20.2%	21.4%	19.6%
Interest Expense	$10M	$8M	$9M	$11M	$10M	$11M	$13M	$12M
Income Before Tax	$235M	$266M	$243M	$283M	$304M	$324M	$295M	$346M
Tax Expense	$57M	$66M	$61M	$72M	$76M	$76M	$73M	$85M
Net Income	$178M	$199M	$182M	$211M	$228M	$249M	$222M	$260M
Net Margin	14.1%	15.7%	14.8%	15.9%	16.7%	18.1%	16.5%	16.0%
EPS (Diluted)	$3.09	$3.41	$3.17	$3.66	$3.96	$4.27	$3.88	$4.54
EBITDA	$266M	$303M	$282M	$319M	$347M	$347M	$344M	$355M
Shares Outstanding	58M	58M	58M	58M	58M	58M	57M	57M

SBCL.NS NSE