Shalimar Wires Industries Ltd

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

Shalimar Wires Industries Ltd

₹ 18.7 1.69%
21 Jul - close price
shalimarwires.com BSE: 532455
About

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

Key Points

Business Overview:[1][2]
SWIL manufactures synthetic and metallic fourdrinier Wire Cloths, Synthetic Woven Fabrics, Dandy Roll and Accessories etc, which are critical components in the paper, pulp, and board industries.

Website BSE
  • Market Cap ₹ 79.9 Cr.
  • Current Price ₹ 18.7
  • High / Low ₹ 25.0 / 15.0
  • Stock P/E 10.4
  • Book Value ₹ 10.1
  • Dividend Yield 0.00 %
  • ROCE 16.7 %
  • ROE 19.1 %
  • Face Value ₹ 2.00
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Pros

  • Company has delivered good profit growth of 19.8% CAGR over last 5 years

Cons

  • 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 9.96% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 8.36% over last 3 years.
  • Promoters have pledged 45.0% 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 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
31.07 31.61 33.34 29.35 34.21 33.94 30.77 30.89 36.35 32.84 35.98 35.04 38.33
25.40 24.73 25.92 24.39 33.27 26.67 24.43 24.65 30.77 25.48 28.06 27.44 30.29
Operating Profit 5.67 6.88 7.42 4.96 0.94 7.27 6.34 6.24 5.58 7.36 7.92 7.60 8.04
OPM % 18.25% 21.77% 22.26% 16.90% 2.75% 21.42% 20.60% 20.20% 15.35% 22.41% 22.01% 21.69% 20.98%
7.08 0.51 0.76 0.39 5.11 0.41 0.44 0.69 1.52 0.52 0.53 0.53 -1.03
Interest 5.97 3.45 3.45 3.45 2.23 3.39 3.05 3.05 4.06 3.39 3.49 3.64 3.63
Depreciation 2.59 3.00 3.00 3.00 3.92 3.48 3.48 3.48 2.16 3.48 3.48 3.48 1.07
Profit before tax 4.19 0.94 1.73 -1.10 -0.10 0.81 0.25 0.40 0.88 1.01 1.48 1.01 2.31
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%
4.19 0.94 1.73 -1.10 -0.10 0.81 0.25 0.40 0.88 1.01 1.48 1.01 2.32
EPS in Rs 0.98 0.22 0.40 -0.26 -0.02 0.19 0.06 0.09 0.21 0.24 0.35 0.24 0.54
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
94 96 101 105 115 111 88 97 121 128 132 142
80 83 89 106 110 101 82 90 98 108 107 111
Operating Profit 15 13 11 -1 5 10 6 7 22 20 25 31
OPM % 16% 13% 11% -1% 5% 9% 7% 7% 19% 16% 19% 22%
-1 1 24 218 3 7 2 14 9 7 3 1
Interest 9 8 8 8 9 12 16 13 15 13 13 14
Depreciation 6 6 6 5 5 9 9 9 10 13 13 12
Profit before tax -0 -0 22 203 -5 -3 -17 -0 7 1 2 6
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-0 -0 22 203 -5 -3 -17 -0 7 1 2 6
EPS in Rs -0.10 -0.06 5.79 54.11 -1.20 -0.78 -3.90 -0.02 1.53 0.34 0.55 1.36
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 10%
3 Years: 6%
TTM: 8%
Compounded Profit Growth
10 Years: 50%
5 Years: 20%
3 Years: 146%
TTM: 289%
Stock Price CAGR
10 Years: 17%
5 Years: 22%
3 Years: -2%
1 Year: -13%
Return on Equity
10 Years: %
5 Years: -1%
3 Years: 8%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 8 8 8 9 9 9 9 9 9 9 9 9
Reserves -183 -183 -161 43 37 34 18 18 24 26 29 35
83 118 86 73 92 93 85 85 91 90 89 91
235 206 233 34 40 62 76 60 45 51 71 75
Total Liabilities 143 149 166 159 177 198 187 171 168 175 198 210
41 49 48 46 73 68 77 71 94 89 79 110
CWIP 17 10 6 7 21 41 28 30 0 1 29 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0
85 89 111 106 83 89 83 70 74 85 89 100
Total Assets 143 149 166 159 177 198 187 171 168 175 198 210

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
35 -3 15 241 16 31 20 23 18 25 47 29
-13 -7 1 -2 -46 -20 -5 -4 -3 -9 -31 -12
-23 13 8 -235 6 -11 -18 -24 -13 -16 -13 -14
Net Cash Flow -1 3 24 4 -24 -0 -2 -5 2 0 3 3
Free Cash Flow 22 -11 13 237 -31 10 15 19 15 16 16 16
CFO/OP 236% -23% 132% -24,130% 280% 299% 346% 348% 78% 125% 186% 94%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 136 149 146 114 95 95 134 99 77 73 81 81
Inventory Days 390 404 327 258 282 385 424 377 355 422 367 434
Days Payable 139 142 142 160 229 448 508 427 269 335 308 356
Cash Conversion Cycle 387 411 331 212 149 31 50 49 164 160 139 159
Working Capital Days -665 -587 -571 97 67 15 -37 -5 51 33 32 34
ROCE % -11% 3% 6% -1% 2% 13% 10% 12% 17%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Export Turnover
INR Lakhs

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Number of Employees
count
EDM Wire Segment Revenue (External)
INR Lakhs
Paper Mill Products Segment Revenue (External)
INR Lakhs
Metal Fourdrinier Wire Cloth Share of Total Turnover
% of total turnover
Synthetic Forming Fabric Share of Total Turnover
% of total turnover

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.64% 65.71% 65.71% 65.71% 65.71%
1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65% 1.65%
32.71% 32.71% 32.71% 32.72% 32.71% 32.70% 32.71% 32.71% 32.64% 32.63% 32.64% 32.64%
No. of Shareholders 16,39216,69217,25317,81818,33718,59818,60318,48018,35418,29618,20218,179

* 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.

Documents

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