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Shalimar Wires

  • Market Cap: Micro Cap
  • Industry: Metal - Non Ferrous
  • ISIN: INE655D01025
  • NSEID:
  • BSEID: 532455
INR
21.75
1.25 (6.1%)
BSENSE

Apr 11, 12:36 PM

BSE+NSE Vol: 678

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

20.5721.95

52 Week

18.4338.88
Valuation
Technical
Day's Volume

CASH

678 (15.42%) Volume

Shareholding (Mar 2025)

FII

0.00%

Held by 0 FIIs

DII

27.60%

Held by 3 DIIs

Promoter

65.64%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Debt company with Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of 1.65% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
  • The company has been able to generate a Return on Equity (avg) of 1.09% signifying low profitability per unit of shareholders funds
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

45.08% of Promoter Shares are Pledged

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Metal - Non Ferrous

stock-summary
Market cap

INR 94 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

16

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

2.33

stock-summary
Return on Equity

-1.74%

stock-summary
Price to Book

2.46

Revenue and Profits (1 Year):
Net Sales:
31 Cr
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-19.44%
0%
-19.44%
1 Year
-12.33%
0%
-12.33%
2 Years
61.83%
0%
61.83%
3 Years
103.65%
0%
103.65%
4 Years
363.75%
0%
363.75%
5 Years
420.33%
0%
420.33%

Shalimar Wires for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
1.65%
EBIT Growth (5y)
48.70%
EBIT to Interest (avg)
0.36
Debt to EBITDA (avg)
8.43
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.92
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
45.08%
Institutional Holding
27.61%
ROCE (avg)
2.81%
ROE (avg)
1.09%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
16
Price to Book Value
2.46
EV to EBIT
26.56
EV to EBITDA
8.21
EV to Capital Employed
1.44
EV to Sales
1.32
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
4.74%
ROE (Latest)
-1.74%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Sideways
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

45.0767

Mutual Funds

Held by 8 Schemes (0.0%)

FIIs

Held by 0 FIIs

Promoter with highest holding

Sunita Khaitan (23.67%)

Highest Public shareholder

Asset Reconstruction Company (india) Ltd. (25.95%)

Individual Investors Holdings

5.82%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 0.36% vs -9.32% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 60.00% vs -69.14% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "30.86",
          "val2": "30.75",
          "chgp": "0.36%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "6.24",
          "val2": "6.34",
          "chgp": "-1.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.05",
          "val2": "3.05",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.40",
          "val2": "0.25",
          "chgp": "60.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.22%",
          "val2": "20.62%",
          "chgp": "-0.40%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -0.32% vs 9.36% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -60.30% vs 110.24% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "64.66",
          "val2": "64.87",
          "chgp": "-0.32%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "13.26",
          "val2": "14.30",
          "chgp": "-7.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.09",
          "val2": "6.90",
          "chgp": "-11.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.06",
          "val2": "2.67",
          "chgp": "-60.30%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.51%",
          "val2": "22.04%",
          "chgp": "-1.53%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 1.39% vs 5.12% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -7.01% vs -32.91% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "95.52",
          "val2": "94.21",
          "chgp": "1.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "19.50",
          "val2": "19.26",
          "chgp": "1.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.14",
          "val2": "10.35",
          "chgp": "-11.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.46",
          "val2": "1.57",
          "chgp": "-7.01%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "20.40%",
          "val2": "20.43%",
          "chgp": "-0.03%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 6.33% vs 24.83% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -77.49% vs 8,262.50% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "128.33",
          "val2": "120.69",
          "chgp": "6.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "20.19",
          "val2": "22.48",
          "chgp": "-10.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "12.58",
          "val2": "14.97",
          "chgp": "-15.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "1.98",
          "val2": "6.01",
          "chgp": "-67.05%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.47",
          "val2": "6.53",
          "chgp": "-77.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "15.73%",
          "val2": "18.63%",
          "chgp": "-2.90%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
30.86
30.75
0.36%
Operating Profit (PBDIT) excl Other Income
6.24
6.34
-1.58%
Interest
3.05
3.05
Exceptional Items
0.00
0.00
Standalone Net Profit
0.40
0.25
60.00%
Operating Profit Margin (Excl OI)
20.22%
20.62%
-0.40%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 0.36% vs -9.32% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 60.00% vs -69.14% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
64.66
64.87
-0.32%
Operating Profit (PBDIT) excl Other Income
13.26
14.30
-7.27%
Interest
6.09
6.90
-11.74%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.06
2.67
-60.30%
Operating Profit Margin (Excl OI)
20.51%
22.04%
-1.53%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -0.32% vs 9.36% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -60.30% vs 110.24% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
95.52
94.21
1.39%
Operating Profit (PBDIT) excl Other Income
19.50
19.26
1.25%
Interest
9.14
10.35
-11.69%
Exceptional Items
0.00
0.00
Standalone Net Profit
1.46
1.57
-7.01%
Operating Profit Margin (Excl OI)
20.40%
20.43%
-0.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 1.39% vs 5.12% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -7.01% vs -32.91% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
128.33
120.69
6.33%
Operating Profit (PBDIT) excl Other Income
20.19
22.48
-10.19%
Interest
12.58
14.97
-15.97%
Exceptional Items
1.98
6.01
-67.05%
Standalone Net Profit
1.47
6.53
-77.49%
Operating Profit Margin (Excl OI)
15.73%
18.63%
-2.90%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 6.33% vs 24.83% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -77.49% vs 8,262.50% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Shalimar Wires Industries Ltd stock-summary
stock-summary
Shalimar Wires Industries Ltd
Micro Cap
Metal - Non Ferrous
Shalimar Wires Industries Ltd, a member of Shalimar(Satya) Group was established in September, 1996. The Company is manufacturer of Metal Wire Cloths, Synthetic Woven Fabrics, Dandy Roll and Accessories, EDM Wires and Strips used in Paper, Pulp & Board Industry and tool room industry etc. Its plants are located in Uttarpara(WB) and Nashik(Maharashtra). The Company replaced Heater, Tenter and some other equipment and also added one Loom in its Uttarpara factory in 2006.
Company Coordinates stock-summary
Company Details
25 Ganesh Chandra Avenue, 2nd Floor Kolkata West Bengal : 700013
stock-summary
Tel: 91-033-22349308/09/10
stock-summary
http://www.shalimarwires.com
stock-summary
swilho@shalimarwires,com
Registrar Details
Maheshwari Datamatics Pvt Ltd , 6 Mangoe Lane , 2nd Floor, Calcutta
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