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.

Who are in the management team of Shalimar Wires?

As of March 2022, 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).

As of March 2022, 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>Sunil Khaitan is the Chairman & Managing Director, while S K Kejriwal serves as Vice President and Company Secretary. The board also includes independent and regular directors such as Trishna Guha, Parmanand Tiwari, and RAJIVA, along with Vedant Khaitan as the Joint Managing Director.

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 March 2025, it reported net sales of 36 Cr and a net profit of 1 Cr, with a market cap of Rs 97 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>Established in September 1996, Shalimar Wires Industries Ltd has maintained its operations in the manufacturing sector. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 36 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 1 Cr (Quarterly Results - Mar 2025)<BR>- Market-cap: Rs 97 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 51.00<BR>- Industry P/E: 17<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 2.33<BR>- Return on Equity: 5.55%<BR>- Price to Book: 2.82<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

Has Shalimar Wires declared dividend?

No Dividend History Available

Who are the peers of the Shalimar Wires?

Shalimar Wires' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Ashnoor Textile, Shekhawati Inds, APM Industries, and Acknit Indus. In terms of management risk, Shalimar Wires is rated below average, with a 1-year return of -4.33%, better than Vedant Fashions but lower than K P R Mill Ltd's 41.29%.

Peers: The peers of Shalimar Wires are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Ashnoor Textile, Shekhawati Inds, APM Industries, and Acknit Indus.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is noted for Trident, Ashnoor Textile, Shekhawati Inds, APM Industries, and Acknit Indus. Below Average management risk is attributed to Shalimar Wires. In terms of growth, Excellent growth is seen at K P R Mill Ltd, while Good growth is noted for Shalimar Wires. Below Average growth is reported for Page Industries, Vedant Fashions, Trident, Ashnoor Textile, Shekhawati Inds, APM Industries, Acknit Indus, and the rest. Capital Structure ratings show Excellent at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Below Average is noted for Shalimar Wires, Ashnoor Textile, Shekhawati Inds, and Acknit Indus. Good capital structure is found at Trident and APM Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is K P R Mill Ltd at 41.29%, while the lowest is Vedant Fashions at -24.55%. Shalimar Wires has a 1-year return of -4.33%, which is higher than Vedant Fashions but lower than K P R Mill Ltd. Additionally, the peers with negative six-month returns include Trent, Vedant Fashions, Trident, APM Industries, and Acknit Indus.

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%.

How big is Shalimar Wires?

As of 24th July, Shalimar Wires Industries Ltd has a market capitalization of 98.00 Cr, with recent Net Sales of 131.86 Cr and a Net Profit of 2.34 Cr. The company has Shareholder's Funds of 37.24 Cr and Total Assets of 197.59 Cr.

As of 24th July, Shalimar Wires Industries Ltd has a market capitalization of 98.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Shalimar Wires reported Net Sales of 131.86 Cr and a Net Profit of 2.34 Cr.<BR><BR>For the reporting period of March 2025, the company has Shareholder's Funds amounting to 37.24 Cr and Total Assets of 197.59 Cr.

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.

When is the next results date for Shalimar Wires?

The next results date for Shalimar Wires is 10 November 2025.

The next results date for Shalimar Wires is scheduled for 10 November 2025.

Are Shalimar Wires latest results good or bad?

Shalimar Wires' latest results show a net profit increase of 46.53% and revenue growth, but concerns remain due to a declining operating margin, high debt-to-equity ratio of 2.22x, and low return on equity of 1.38%. Overall, while there are positive signs, the structural issues suggest a cautious outlook.

Shalimar Wires' latest results present a mixed picture. On the positive side, the company reported a net profit of ₹1.48 crores for Q2 FY26, which is a significant increase of 46.53% compared to the previous quarter. Additionally, revenue grew by 9.63% quarter-on-quarter and 16.98% year-on-year, indicating some operational momentum.<BR><BR>However, despite these improvements, there are several concerning factors. The operating margin slightly declined to 22.02%, and the company continues to struggle with a high debt-to-equity ratio of 2.22x, indicating significant financial leverage. The average return on equity remains very low at just 1.38%, which raises questions about the company's ability to generate sustainable shareholder value.<BR><BR>Moreover, Shalimar Wires has underperformed the market significantly, with a negative return of 19.67% over the past year compared to the Sensex's positive return of 5.09%. The stock is also trading at a high price-to-earnings ratio of 37.70x, which seems unjustified given its weak financial metrics.<BR><BR>In summary, while there are some positive signs in recent quarterly performance, the underlying structural issues, including high debt and low returns, overshadow these gains. Therefore, the overall assessment of Shalimar Wires' latest results leans towards caution.

Should I buy, sell or hold Shalimar Wires?

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.

Which are the latest news on Shalimar Wires?

Why is Shalimar Wires falling/rising?

As of 03-Dec, Shalimar Wires Industries Ltd's stock price is at 19.90, down 3.63%, and has underperformed the Sensex. The stock is trading below key moving averages and has seen decreased investor participation, indicating a bearish trend.

As of 03-Dec, Shalimar Wires Industries Ltd's stock price is falling, currently at 19.90, which represents a decrease of 0.75 or 3.63%. This decline is reflected in the stock's performance over various periods, particularly in the last week where it has underperformed the benchmark Sensex, showing a drop of 4.78% compared to the Sensex's decline of only 0.59%. <BR><BR>Additionally, the stock has been trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with a delivery volume of 2.06k on December 2, which is down by 23.47% from the 5-day average. This reduction in trading activity suggests a lack of confidence among investors, contributing to the stock's downward movement. <BR><BR>Overall, the combination of poor short-term performance, lower trading volumes, and trading below key moving averages are key factors driving the decline in Shalimar Wires' stock price.