Shalimar Wires Industries Ltd
Incorporated in 1996, Shalimar Wires Industries Limited manufactures Paper Mill Product and EDM Wires.
- Market Cap ₹ 96.1 Cr.
- Current Price ₹ 22.5
- High / Low ₹ 30.3 / 11.3
- Stock P/E
- Book Value ₹ 8.24
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 1.77 %
- Face Value ₹ 2.00
Pros
- Debtor days have improved from 103 to 76.8 days.
Cons
- Stock is trading at 2.73 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 2.77% over past five years.
- Company has a low return on equity of -29.4% over last 3 years.
- Promoters have pledged 45.1% of their holding.
- Earnings include an other income of Rs.8.74 Cr.
- Working capital days have increased from 36.4 days to 77.9 days
* 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
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
86 | 92 | 91 | 94 | 96 | 101 | 105 | 115 | 111 | 88 | 97 | 121 | 125 | |
67 | 74 | 86 | 80 | 83 | 89 | 106 | 110 | 101 | 82 | 90 | 98 | 100 | |
Operating Profit | 20 | 18 | 5 | 15 | 13 | 11 | -1 | 5 | 10 | 6 | 7 | 22 | 25 |
OPM % | 23% | 20% | 5% | 16% | 13% | 11% | -1% | 5% | 9% | 7% | 7% | 19% | 20% |
0 | 0 | 10 | -1 | 1 | 24 | 218 | 3 | 7 | 2 | 14 | 9 | 9 | |
Interest | 3 | 3 | 7 | 9 | 8 | 8 | 8 | 9 | 12 | 16 | 13 | 15 | 16 |
Depreciation | 5 | 7 | 7 | 6 | 6 | 6 | 5 | 5 | 9 | 9 | 9 | 10 | 12 |
Profit before tax | 11 | 9 | 1 | -0 | -0 | 22 | 203 | -5 | -3 | -17 | -0 | 7 | 6 |
Tax % | -9% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
12 | 9 | 1 | -0 | -0 | 22 | 203 | -5 | -3 | -17 | -0 | 7 | 6 | |
EPS in Rs | 3.78 | 2.87 | 0.39 | -0.10 | -0.06 | 5.79 | 54.11 | -1.20 | -0.78 | -3.90 | -0.02 | 1.53 | 1.34 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 3% |
5 Years: | 3% |
3 Years: | 3% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | -26% |
5 Years: | 15% |
3 Years: | 30% |
TTM: | -116% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 10% |
3 Years: | 72% |
1 Year: | 76% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | -19% |
3 Years: | -29% |
Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 6 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
Reserves | -193 | -184 | -182 | -183 | -183 | -161 | 43 | 37 | 34 | 18 | 18 | 24 | 27 |
Preference Capital | 29 | 29 | 29 | 29 | 29 | 29 | 0 | 0 | 0 | 0 | 0 | 0 | |
66 | 82 | 80 | 54 | 88 | 57 | 73 | 92 | 93 | 85 | 85 | 91 | 92 | |
237 | 220 | 223 | 264 | 236 | 263 | 34 | 40 | 62 | 76 | 60 | 45 | 46 | |
Total Liabilities | 114 | 124 | 128 | 143 | 149 | 166 | 159 | 177 | 198 | 187 | 171 | 168 | 174 |
41 | 46 | 43 | 41 | 49 | 48 | 46 | 73 | 68 | 77 | 71 | 94 | 89 | |
CWIP | 0 | 4 | 10 | 17 | 10 | 6 | 7 | 21 | 41 | 28 | 30 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
72 | 74 | 76 | 85 | 89 | 111 | 106 | 83 | 89 | 83 | 70 | 74 | 84 | |
Total Assets | 114 | 124 | 128 | 143 | 149 | 166 | 159 | 177 | 198 | 187 | 171 | 168 | 174 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
17 | 14 | 13 | 35 | -3 | 15 | 241 | 16 | 31 | 20 | 23 | 18 | |
-6 | -15 | -9 | -13 | -7 | 1 | -2 | -46 | -20 | -5 | -4 | -3 | |
-16 | -1 | -3 | -23 | 13 | 8 | -235 | 6 | -11 | -18 | -24 | -13 | |
Net Cash Flow | -5 | -2 | 0 | -1 | 3 | 24 | 4 | -24 | -0 | -2 | -5 | 2 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 118 | 121 | 117 | 136 | 149 | 146 | 114 | 95 | 95 | 134 | 99 | 77 |
Inventory Days | 342 | 334 | 325 | 390 | 404 | 327 | 258 | 282 | 385 | 424 | 377 | 355 |
Days Payable | 88 | 87 | 92 | 139 | 142 | 142 | 160 | 229 | 448 | 508 | 427 | 266 |
Cash Conversion Cycle | 372 | 368 | 350 | 387 | 411 | 331 | 212 | 149 | 31 | 50 | 49 | 167 |
Working Capital Days | -646 | -580 | -611 | -665 | -582 | -566 | 101 | 79 | 31 | 4 | 27 | 78 |
ROCE % | -11% | 3% | 6% | -1% | 2% | 13% |
Documents
Announcements
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Confirmation Regarding Not Falling Under Large Corporate
15 Apr - The company does not fulfill the criteria specified in Para 2.2 of the abovementioned SEBI Circular and hence does not fall in the category of …
- Compliance-57 (5) : intimation after the end of quarter 15 Apr
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Compliances Under Regulation 40(9)
15 Apr - In terms of Reg. 40(9) of the SEBI (LODR) Regulations, 2015, we are submitting herewith the certificate for the year ended 31st March, 2024.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - In terms of section 74(5) of (Depositories and Participants) Regulations, 2018, we are submitting herewith the certificate regarding confirmation of dematerialization for the period from …
- Compliance Certificate For The Period Ended 31St March, 2024 10 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Registration:[1]
Company was granted registration under Micro, Small & Medium Enterprises (MSME) on 6th July, 2020.