Shalimar Wires Industries Ltd

Shalimar Wires Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Shalimar Wires Industries Ltd

₹ 23.0 2.18%
11 Jun 1:57 p.m.
shalimarwires.com BSE: 532455
About

Incorporated in 1996, Shalimar Wires Industries Limited manufactures Paper Mill Product and EDM Wires.

Key Points

Registration:[1]
Company was granted registration under Micro, Small & Medium Enterprises (MSME) on 6th July, 2020.

Website BSE
  • Market Cap ₹ 98.3 Cr.
  • Current Price ₹ 23.0
  • High / Low ₹ 38.9 / 18.4
  • Stock P/E 49.7
  • Book Value ₹ 8.71
  • Dividend Yield 0.00 %
  • ROCE 12.1 %
  • ROE 5.51 %
  • Face Value ₹ 2.00
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Pros

  • Company's working capital requirements have reduced from 57.5 days to 22.3 days

Cons

  • Stock is trading at 2.58 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 3.52% over past five years.
  • Company has a low return on equity of 2.01% over last 3 years.
  • Contingent liabilities of Rs.37.0 Cr.
  • Promoters have pledged 45.1% of their holding.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Consumer Discretionary Textiles Textiles & Apparels Other Textile Products

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
26.32 28.50 30.90 30.32 31.07 31.61 33.34 29.35 34.21 33.94 30.77 30.89 36.35
24.11 23.66 24.47 24.78 25.40 24.73 25.92 24.39 33.27 26.67 24.43 24.65 30.77
Operating Profit 2.21 4.84 6.43 5.54 5.67 6.88 7.42 4.96 0.94 7.27 6.34 6.24 5.58
OPM % 8.40% 16.98% 20.81% 18.27% 18.25% 21.77% 22.26% 16.90% 2.75% 21.42% 20.60% 20.20% 15.35%
10.64 0.61 0.19 0.93 7.08 0.51 0.76 0.39 5.11 0.41 0.44 0.69 1.52
Interest 1.89 3.00 3.00 3.00 5.97 3.45 3.45 3.45 2.23 3.39 3.05 3.05 4.06
Depreciation 1.32 2.40 2.40 2.40 2.59 3.00 3.00 3.00 3.92 3.48 3.48 3.48 2.16
Profit before tax 9.64 0.05 1.22 1.07 4.19 0.94 1.73 -1.10 -0.10 0.81 0.25 0.40 0.88
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
9.64 0.05 1.22 1.07 4.19 0.94 1.73 -1.10 -0.10 0.81 0.25 0.40 0.88
EPS in Rs 2.25 0.01 0.29 0.25 0.98 0.22 0.40 -0.26 -0.02 0.19 0.06 0.09 0.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
91 94 96 101 105 115 111 88 97 121 128 132
86 80 83 89 106 110 101 82 90 98 108 107
Operating Profit 5 15 13 11 -1 5 10 6 7 22 20 25
OPM % 5% 16% 13% 11% -1% 5% 9% 7% 7% 19% 16% 19%
10 -1 1 24 218 3 7 2 14 9 7 3
Interest 7 9 8 8 8 9 12 16 13 15 13 13
Depreciation 7 6 6 6 5 5 9 9 9 10 13 13
Profit before tax 1 -0 -0 22 203 -5 -3 -17 -0 7 1 2
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
1 -0 -0 22 203 -5 -3 -17 -0 7 1 2
EPS in Rs 0.39 -0.10 -0.06 5.79 54.11 -1.20 -0.78 -3.90 -0.02 1.53 0.34 0.55
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: 4%
3 Years: 11%
TTM: 3%
Compounded Profit Growth
10 Years: 4%
5 Years: 22%
3 Years: 30%
TTM: 488%
Stock Price CAGR
10 Years: 19%
5 Years: 36%
3 Years: 36%
1 Year: -1%
Return on Equity
10 Years: %
5 Years: -16%
3 Years: 2%
Last Year: 6%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 8 8 8 8 9 9 9 9 9 9 9 9
Reserves -182 -183 -183 -161 43 37 34 18 18 24 26 29
109 83 118 86 73 92 93 85 85 91 90 89
194 235 206 233 34 40 62 76 60 45 51 71
Total Liabilities 128 143 149 166 159 177 198 187 171 168 175 198
43 41 49 48 46 73 68 77 71 94 89 79
CWIP 10 17 10 6 7 21 41 28 30 0 1 29
Investments 0 0 0 0 0 0 0 0 0 0 0 0
76 85 89 111 106 83 89 83 70 74 85 89
Total Assets 128 143 149 166 159 177 198 187 171 168 175 198

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
13 35 -3 15 241 16 31 20 23 18 25 47
-9 -13 -7 1 -2 -46 -20 -5 -4 -3 -9 -31
-3 -23 13 8 -235 6 -11 -18 -24 -13 -16 -14
Net Cash Flow 0 -1 3 24 4 -24 -0 -2 -5 2 0 3

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 117 136 149 146 114 95 95 134 99 77 73 81
Inventory Days 325 390 404 327 258 282 385 424 377 355 422 367
Days Payable 92 139 142 142 160 229 448 508 427 269 335 495
Cash Conversion Cycle 350 387 411 331 212 149 31 50 49 164 160 -48
Working Capital Days -611 -665 -582 -566 101 79 31 4 27 78 72 22
ROCE % -11% 3% 6% -1% 2% 13% 10% 12%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64%
1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65%
0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
32.71% 32.69% 32.71% 32.71% 32.71% 32.71% 32.71% 32.71% 32.72% 32.71% 32.70% 32.71%
No. of Shareholders 16,66416,59816,52716,50416,44716,39216,69217,25317,81818,33718,59818,603

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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