Sharescart Research Club logo

Shalimar Wires Inds Overview

Shalimar Wires Industries Limited has almost six decades of company tradition. It was founded by renowned industrialist and visionary Mr. S.N. Khaitan. Established in 1962 in Uttarpara which is situated in the eastern part of West Bengal. Shalimar Wires aimed to provide import substitution to the Indian paper industry by manufacturing vital paper and paper machine clothings. They collaborate with international partners like United Wires (UK), Tammet OY (Finland), Sinclairs (USA) and Ri-Tilliers (France) to produce forming fabrics, SS Dandy ...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Shalimar Wires Inds Key Financials

Market Cap ₹80 Cr.

Stock P/E 34.2

P/B 2

Current Price ₹18.8

Book Value ₹ 9.5

Face Value 2

52W High ₹25.8

Dividend Yield 0%

52W Low ₹ 15

Shalimar Wires Inds Share Price

₹ | |

Volume
Price

Shalimar Wires Inds Quarterly Price

Show Value Show %

Shalimar Wires Inds Peer Comparison

Shalimar Wires Inds Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 33 29 34 34 31 31 36 33 36 35
Other Income 1 0 3 0 0 1 1 1 1 1
Total Income 34 30 37 34 31 32 38 33 37 36
Total Expenditure 26 24 33 27 24 25 31 25 28 28
Operating Profit 8 5 4 8 7 7 7 8 8 8
Interest 3 3 2 3 3 3 4 3 3 4
Depreciation 3 3 4 3 3 3 2 3 3 3
Exceptional Income / Expenses 0 0 2 0 0 0 0 0 0 0
Profit Before Tax 2 -1 -0 1 0 0 1 1 1 1
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax 2 -1 -0 1 0 0 1 1 1 1
Adjustments 0 0 0 -0 -0 0 0 0 0 0
Profit After Adjustments 2 -1 -0 1 0 0 1 1 1 1
Adjusted Earnings Per Share 0.4 -0.3 -0 0.2 0.1 0.1 0.2 0.2 0.3 0.2

Shalimar Wires Inds Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 94 96 102 105 115 111 88 97 121 129 132 140
Other Income 1 2 4 3 3 7 2 4 3 5 3 4
Total Income 96 98 107 109 119 118 91 101 124 133 135 144
Total Expenditure 80 83 91 106 110 101 83 90 98 108 107 112
Operating Profit 16 14 16 2 9 17 8 11 25 25 28 31
Interest 9 8 7 8 9 12 16 13 15 13 13 14
Depreciation 6 6 6 5 5 9 9 9 10 13 13 11
Exceptional Income / Expenses -1 0 20 215 0 0 0 10 6 2 0 0
Profit Before Tax 1 0 22 203 -5 -3 -17 -0 7 1 2 4
Provision for Tax 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax 1 0 22 203 -5 -3 -17 -0 7 1 2 4
Adjustments -1 -0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 -0 22 203 -5 -3 -17 -0 7 1 2 4
Adjusted Earnings Per Share 0.2 0 5.8 47.6 -1.2 -0.8 -3.9 -0 1.5 0.3 0.5 0.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 11% 4% 3%
Operating Profit CAGR 12% 37% 10% 6%
PAT CAGR 100% 0% 0% 7%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -7% 14% 30% 17%
ROE Average 7% 11% -3% -3%
ROCE Average 12% 14% 11% 77%

Shalimar Wires Inds Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -146 -146 -124 51 46 43 26 26 33 35 37
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 37 56 52 65 78 78 74 75 82 76 72
Other Non-Current Liabilities 10 10 9 9 8 8 9 6 6 6 6
Total Current Liabilities 242 228 230 33 45 69 79 64 48 59 82
Total Liabilities 143 149 166 159 177 198 187 171 168 175 198
Fixed Assets 41 49 48 46 73 68 77 71 94 89 79
Other Non-Current Assets 30 21 17 19 28 47 34 35 6 12 38
Total Current Assets 72 78 101 94 76 83 76 65 69 75 80
Total Assets 143 149 166 159 177 198 187 171 168 175 198

Shalimar Wires Inds Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 4 28 33 9 9 6 2 4 4
Cash Flow from Operating Activities 35 -3 14 241 16 31 20 23 18 25 47
Cash Flow from Investing Activities -13 -7 1 -2 -46 -20 -5 -4 -3 -9 -31
Cash Flow from Financing Activities -23 13 9 -235 6 -11 -18 -24 -13 -16 -14
Net Cash Inflow / Outflow -1 3 24 4 -24 -0 -2 -5 2 0 3
Closing Cash & Cash Equivalent 2 4 28 33 9 9 6 2 4 4 7

Shalimar Wires Inds Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.19 0.03 5.79 47.59 -1.2 -0.78 -3.9 -0.02 1.53 0.34 0.55
CEPS(Rs) 1.78 1.61 7.47 48.84 -0.02 1.24 -1.77 1.98 3.82 3.36 3.49
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) -46.57 -46.63 -40.84 12.01 10.76 10.05 6.15 6.13 7.62 8.09 8.71
Core EBITDA Margin(%) 14.21 11.84 9.84 -1.01 4.19 8.99 6.57 6.92 18.61 15.72 19.01
EBIT Margin(%) 8.98 7.66 25.89 195.65 2.86 7.56 -1.01 12.87 17.8 10.93 11.77
Pre Tax Margin(%) 0.67 0.1 19.38 188.28 -3.99 -3.01 -18.87 -0.09 5.41 1.14 1.77
PAT Margin (%) 0.67 0.1 19.38 188.28 -3.99 -3.01 -18.87 -0.09 5.41 1.14 1.77
Cash Profit Margin (%) 6.44 5.71 25.01 193.24 -0.06 4.78 -8.54 8.69 13.51 11.19 11.33
ROA(%) 0.52 0.07 13.82 125.31 -3.05 -1.78 -8.66 -0.05 3.85 0.85 1.26
ROE(%) 0 0 0 0 -10.54 -7.5 -48.17 -0.32 22.22 4.37 6.52
ROCE(%) 0 0 0 786.93 2.87 6.2 -0.73 11.4 18.46 11.34 12.39
Receivable days 113.02 127.9 128.92 123.43 89.4 96.97 126.57 110.6 78.24 72.41 75.66
Inventory Days 100.77 102.78 93.1 87.98 74.31 102.74 140.6 125.15 106.33 112.63 114.33
Payable days 121.45 141.2 135.2 141.03 193.89 345.48 516.26 435.71 318.05 305.48 401.35
PER(x) 18.53 127.56 0.73 0.34 0 0 0 0 6.98 60.95 37.56
Price/Book(x) -0.07 -0.08 -0.1 1.35 1.4 0.37 0.65 1.65 1.4 2.58 2.36
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.02 1.12 0.72 1.01 1.26 0.89 1.07 1.28 1.1 1.36 1.29
EV/Core EBITDA(x) 6.03 7.63 4.76 47.85 16.65 5.82 11.46 11.76 5.26 7 6.14
Net Sales Growth(%) 4.19 1.68 6.4 3.13 9.48 -3.77 -20.33 9.88 24.32 6.38 2.67
EBIT Growth(%) 0.93 -12.93 258.54 626.82 -98.26 127.8 -110.67 1497.13 71.93 -34.65 10.59
PAT Growth(%) -70.51 -84.78 0 834.5 -102.52 34.93 -399.83 99.49 7836.02 -77.54 59.68
EPS Growth(%) -70.51 -84.75 0 721.94 -102.52 34.93 -399.81 99.5 7851.78 -77.55 59.7
Debt/Equity(x) -0.38 -0.47 -0.46 1.36 1.96 2.14 3.18 3.18 2.79 2.59 2.4
Current Ratio(x) 0.3 0.34 0.44 2.84 1.67 1.19 0.97 1.01 1.43 1.26 0.98
Quick Ratio(x) 0.18 0.21 0.32 2.31 1.07 0.69 0.55 0.49 0.66 0.55 0.48
Interest Cover(x) 1.08 1.01 3.98 26.53 0.42 0.72 -0.06 0.99 1.44 1.12 1.18
Total Debt/Mcap(x) 4.3 5.05 3.61 1 1.39 5.77 4.88 1.93 2 1 1.01

Shalimar Wires Inds Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 65.64 65.64 65.64 65.64 65.64 65.64 65.64 65.71 65.71 65.71
FII 0 0 0 0 0 0 0 0 0 0
DII 1.65 1.65 1.65 1.65 27.61 27.6 27.6 27.6 27.6 27.6
Public 32.71 32.71 32.71 32.71 6.75 6.76 6.76 6.69 6.69 6.69
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Shalimar Wires Inds News

Shalimar Wires Inds Pros & Cons

Pros

  • Company has reduced debt.

Cons

  • Company has a low return on equity of 11% over the last 3 years.
  • Debtor days have increased from 305.48 to 401.35days.
whatsapp