Shalimar Wires

Which are the latest news on Shalimar Wires?

Why is Shalimar Wires Industries Ltd falling/rising?

As of 05-Sep, Shalimar Wires Industries Ltd's stock price has risen to 19.20, reflecting a 4.63% increase, driven by strong performance relative to its sector and positive moving averages. However, a decline in investor participation may raise concerns about sustaining this momentum.

As of 05-Sep, Shalimar Wires Industries Ltd is experiencing a rise in its stock price, currently at 19.20, which reflects an increase of 0.85 or 4.63%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 2.95% today and has shown consecutive gains over the last two days, accumulating a total return of 4.92% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price performance.<BR><BR>Moreover, over the past week, Shalimar Wires has increased by 5.38%, contrasting sharply with the Sensex, which has declined by 0.97%. This relative strength suggests that investor sentiment towards Shalimar Wires is improving compared to the broader market. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 31.03% against the 5-day average, which could indicate a potential concern for sustained momentum. Nonetheless, the current liquidity of the stock remains adequate for trading. Overall, the combination of recent gains, positive performance relative to the sector, and favorable moving averages contribute to the rise in Shalimar Wires Industries Ltd's stock price.

Should I buy, sell or hold Shalimar Wires Industries Ltd?

Who are in the management team of Shalimar Wires?

The management team of Shalimar Wires includes Sunil Khaitan (Chairman & Managing Director), S K Kejriwal (Vice President & Company Secretary), Trishna Guha (Independent Director), Parmanand Tiwari (Director), RAJIVA (Director), and Vedant Khaitan (Joint Managing Director).

The management team of Shalimar Wires includes the following individuals:<BR><BR>1. **Sunil Khaitan** - Chairman & Managing Director<BR>2. **S K Kejriwal** - Vice President & Company Secretary<BR>3. **Trishna Guha** - Independent Director<BR>4. **Parmanand Tiwari** - Director<BR>5. **RAJIVA** - Director<BR>6. **Vedant Khaitan** - Joint Managing Director<BR><BR>If you need more specific information about any of these members or their roles, feel free to ask!

What does Shalimar Wires do?

Shalimar Wires Industries Ltd is a micro-cap manufacturer of metal wire cloths, synthetic woven fabrics, and EDM wires, established in 1996. As of June 2026, it reported net sales of 37 Cr and a net profit of 2 Cr, with a market cap of INR 75 Cr.

Overview: <BR>Shalimar Wires Industries Ltd is a manufacturer of metal wire cloths, synthetic woven fabrics, and EDM wires, operating in the Garments & Apparels industry within the micro-cap market.<BR><BR>History: <BR>Shalimar Wires Industries Ltd was established in September 1996. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 37 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 75 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 9.00 <BR>Industry P/E: 14 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 1.90 <BR>Return on Equity: 20.58% <BR>Price to Book: 1.80<BR><BR>Contact Details: <BR>Address: 25 Ganesh Chandra Avenue, 2nd Floor Kolkata West Bengal : 700013 <BR>Tel: 91-033-22349308/09/10 <BR>Email: swilho@shalimarwires.com <BR>Website: http://www.shalimarwires.com

Who are the peers of the Shalimar Wires?

Shalimar Wires' peers include Rel. Chemotex, KG Petrochem, Sanrhea Tech., and others, with varying management risks and growth rates. Shalimar Wires has a 1-year return of -5.35%, better than KG Petrochem's -35.13% but lower than Sanrhea Tech.'s 22.71%.

Peers: The peers of Shalimar Wires are Rel. Chemotex, KG Petrochem, Sanrhea Tech., Sky Industries, Fiberweb (India), Betex India, Ashnoor Textile, Kaytex Fabrics, and Signoria Creatio.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kaytex Fabrics, Sanrhea Tech., and Signoria Creatio, while Good management risk is found at Sky Industries. Average management risk is present at Ashnoor Textile, while Below Average management risk is noted at Rel. Chemotex, KG Petrochem, Shalimar Wires, Betex India, and Fiberweb (India). Growth is Excellent at Signoria Creatio, Good at Shalimar Wires, Kaytex Fabrics, and Sanrhea Tech., while Average growth is seen at Sky Industries and Ashnoor Textile. Below Average growth is reported for Rel. Chemotex, KG Petrochem, Fiberweb (India), Betex India, and the rest. Capital Structure is Excellent at Fiberweb (India), Good at Sanrhea Tech., Kaytex Fabrics, and Betex India, while Average is noted at Ashnoor Textile and Signoria Creatio, and Below Average at Rel. Chemotex, KG Petrochem, Shalimar Wires.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sanrhea Tech. at 22.71%, while the lowest is KG Petrochem at -35.13%. Shalimar Wires has a 1-year return of -5.35%, which is higher than KG Petrochem but lower than Sanrhea Tech. Additionally, Fiberweb (India) has a negative six-month return of -36.67%.

How big is Shalimar Wires?

As of 31st August, Shalimar Wires Industries Ltd has a market capitalization of 75.00 Cr, with recent net sales of 146.69 Cr and a net profit of 7.01 Cr.

As of 31st August, Shalimar Wires Industries Ltd has a market capitalization of 75.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shalimar Wires reported Net Sales of 146.69 Cr and a Net Profit of 7.01 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2026, showing Shareholder's Funds of 43.20 Cr and Total Assets of 209.84 Cr.

When is the next results date for Shalimar Wires Industries Ltd?

The next results date for Shalimar Wires Industries Ltd is 11 August 2026.

The next results date for Shalimar Wires Industries Ltd is scheduled for 11 August 2026.

Are Shalimar Wires Industries Ltd latest results good or bad?

Shalimar Wires Industries Ltd's latest results show a significant net profit increase of 163.64% and revenue growth, indicating improved operational efficiency. However, high debt levels and low return on equity present serious risks, making it a high-risk investment.

Shalimar Wires Industries Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q4 FY26, which rose by 163.64% year-on-year to ₹2.32 crores. Revenue also saw a positive trend, reaching ₹38.31 crores, marking a 5.42% increase year-on-year and a 9.39% growth quarter-on-quarter. Additionally, the operating margin improved to 20.99%, up from 15.35% in the same quarter last year, indicating better operational efficiency.<BR><BR>However, despite these positive developments, the company faces serious challenges. It has a high debt-to-equity ratio of 2.01, reflecting significant financial leverage that constrains profitability and growth potential. The return on equity remains low at just 2.81%, which is well below acceptable levels for investors. Furthermore, 45.03% of promoter shares are pledged, raising governance concerns.<BR><BR>Overall, while the quarterly results show improvement in profitability and revenue, the underlying financial health of the company, characterized by high leverage and low returns, suggests that it remains a high-risk investment. Investors should weigh these factors carefully before making any decisions.

How has been the historical performance of Shalimar Wires?

Shalimar Wires has shown a mixed historical performance, with net sales increasing from INR 88.28 crore in March 2021 to INR 131.86 crore in March 2025, and operating profit rising significantly to INR 25.08 crore. Despite fluctuations in profit after tax, the company has improved cash flow and overall financial resilience.

Answer:<BR>The historical performance of Shalimar Wires shows a mixed trend over the years, with fluctuations in sales, profits, and expenses.<BR><BR>Breakdown:<BR>Shalimar Wires has experienced a steady increase in net sales from INR 88.28 crore in March 2021 to INR 131.86 crore in March 2025, with a notable rise from INR 120.69 crore in March 2023 to INR 128.33 crore in March 2024. The total operating income followed a similar pattern, reaching INR 131.94 crore in March 2025. However, the company's total expenditure, excluding depreciation, peaked at INR 108.31 crore in March 2024 before declining to INR 106.86 crore in March 2025. Operating profit, excluding other income, improved significantly from INR 5.80 crore in March 2021 to INR 25.08 crore in March 2025, reflecting a positive trend in profitability. The profit before tax also turned positive, increasing from a loss of INR 16.68 crore in March 2021 to a profit of INR 2.34 crore in March 2025. Despite these improvements, the profit after tax showed fluctuations, with a peak of INR 6.53 crore in March 2023, followed by a decrease to INR 2.34 crore in March 2025. The company's total liabilities increased from INR 168.50 crore in March 2023 to INR 197.59 crore in March 2025, while total assets rose from INR 168.50 crore to INR 197.59 crore in the same period. Cash flow from operating activities improved significantly, reaching INR 47 crore in March 2025, indicating better cash management. Overall, Shalimar Wires has shown resilience in its financial performance, with notable improvements in sales and profitability despite challenges in the previous years.

Is Shalimar Wires overvalued or undervalued?

As of September 23, 2025, Shalimar Wires is fairly valued with a PE Ratio of 40.21 and an EV to EBITDA of 6.67, despite underperforming the Sensex over the past year.

As of 23 September 2025, the valuation grade for Shalimar Wires has moved from attractive to fair. The company is currently fairly valued based on its financial metrics. Key ratios include a PE Ratio of 40.21, an EV to EBITDA of 6.67, and a ROE of 5.85%. <BR><BR>In comparison to peers, Hindustan Zinc has a PE of 18.94 and an EV to EBITDA of 11.38, while Vedanta shows a more attractive PE of 13.56 and an EV to EBITDA of 5.52. Despite the recent performance, where Shalimar Wires has underperformed the Sensex over the last year with a return of -31.64% compared to -3.33% for the index, the valuation metrics suggest that the stock is currently fairly priced within its industry context.

What is the technical trend for Shalimar Wires?

As of June 3, 2025, Shalimar Wires shows a neutral technical stance with mixed signals, as the weekly MACD is mildly bullish while the monthly MACD is mildly bearish, despite a recent 9.27% price increase compared to the Sensex's 1.33%.

As of 3 June 2025, the technical trend for Shalimar Wires has changed from mildly bearish to sideways. The weekly MACD indicates a mildly bullish stance, while the monthly MACD is mildly bearish, suggesting mixed signals. The daily moving averages are mildly bearish, which contrasts with the weekly Bollinger Bands showing a bullish trend. The KST and Dow Theory both reflect a mildly bullish outlook on the weekly timeframe. Overall, the current technical stance is neutral, with strength indicated by the recent price action, including a notable return of 9.27% over the past week compared to the Sensex's 1.33%.

Who are the top shareholders of the Shalimar Wires?

The top shareholders of Shalimar Wires include Sunita Khaitan, who holds 23.67%, and Asset Reconstruction Company (India) Ltd., with 25.95%. Individual investors own 5.82%, while there are currently no holdings from mutual funds or foreign institutional investors.

The top shareholders of Shalimar Wires include the promoters, who hold the majority of the shares. The promoter with the highest holding is Sunita Khaitan, owning 23.67% of the company. Additionally, the highest public shareholder is Asset Reconstruction Company (India) Ltd., which holds 25.95%. Individual investors collectively own 5.82% of the shares. It's also worth noting that there are no holdings from mutual funds or foreign institutional investors (FIIs) at this time.

Has Shalimar Wires declared dividend?

No Dividend History Available