Shalimar Wires Industries Ltd () Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

MarketsMojo — Loved in India, Now Global

The power of Mojo is now in 29 countries. Explore global equities with the same cutting-edge features you love.Unlock 29 Markets

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Riba Textiles

Shalimar Wires

APM Industries

Tuni Text. Mills

Vippy Spinpro

Nagreeka Exports

Acknit Indus.

Bhandari Hosiery

Digjam

Deepak Spinners

Shine Fashions

Why is Shalimar Wires Industries Ltd ?

High Debt company with Weak Long Term Fundamental Strength

Poor long term growth as Net Sales has grown by an annual rate of 9.81% over the last 5 years
High Debt Company with a Debt to Equity ratio (avg) at 2.87 times
The company has been able to generate a Return on Equity (avg) of 2.81% signifying low profitability per unit of shareholders funds

45.03% of Promoter Shares are Pledged

In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices

Underperformed the market in the last 1 year

Even though the market (BSE500) has generated returns of 1.87% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -14.58% returns

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Shalimar Wires for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Shalimar Wires

-18.67%

-0.29

50.50%

Sensex

4.67%

0.39

11.83%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

9.81%

EBIT Growth (5y)

40.47%

EBIT to Interest (avg)

0.55

Debt to EBITDA (avg)

6.75

Net Debt to Equity (avg)

2.01

Sales to Capital Employed (avg)

0.97

Tax Ratio

Dividend Payout Ratio

Pledged Shares

45.03%

Institutional Holding

27.60%

ROCE (avg)

5.33%

ROE (avg)

2.81%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

2.07

EV to EBIT

11.17

EV to EBITDA

5.97

EV to Capital Employed

1.36

EV to Sales

1.19

PEG Ratio

0.09

Dividend Yield

ROCE (Latest)

12.14%

ROE (Latest)

8.58%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bullish

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Mildly Bullish

Bearish

Dow Theory

Mildly Bearish

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

21What is working for the Company

DEBT-EQUITY RATIO(HY)

Lowest at 2.31 times

OPERATING PROFIT TO INTEREST(Q)

Highest at 2.27 times

PAT(Q)

Highest at Rs 1.48 cr.

CASH AND CASH EQUIVALENTS(HY)

Highest at Rs 12.16 cr

PBDIT(Q)

Highest at Rs 7.92 cr.

PBT LESS OI(Q)

Highest at Rs 0.95 cr.

EPS(Q)

Highest at Rs 0.35

0What is not working for the Company

NO KEY NEGATIVE TRIGGERS

Loading Valuation Snapshot...

Here's what is working for Shalimar Wires

Operating Profit to Interest - Quarterly

Highest at 2.27 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit After Tax (PAT) - Quarterly

Highest at Rs 1.48 cr. and Grown

each quarter in the last five quarters

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Debt-Equity Ratio - Half Yearly

Lowest at 2.31 times and Fallen

each half year in the last five half yearly periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Operating Profit (PBDIT) - Quarterly

Highest at Rs 7.92 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is positive

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

Highest at Rs 0.95 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is positive

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly

Highest at Rs 0.35

in the last five quarters

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Cash and Cash Equivalents - Half Yearly

Highest at Rs 12.16 cr

in the last six half yearly periods

MOJO Watch

Short Term liquidity is improving

Cash and Cash Equivalents