Shalimar Wires Industries Ltd
The short version
A steadily growing, profitable business — priced in line with what it earns.
Everything below is worked out from Shalimar Wires's own filed results and the exchange's data, and written so you do not need to know any finance terms. Where a term matters, we say what it means.
01What does it do?
Shalimar Wires is a micro-sized company in textile products.
Incorporated in 1996, Shalimar Wires Industries Limited manufactures Paper Mill Product and EDM Wires.
- Whole company is worth
- ₹84 crore
- Run by
- Sunil Khaitan
- Shareholders
- 18,149 people
- Listed since
- 2002
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 10% a year for 5 years.
At that pace a business doubles in size roughly every 7 years.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹4.1 as profit.
Here is where the money from Shalimar Wires's sales went in FY26, the latest full year it has reported.
- ₹29Making or buying what it sellsraw materials, stock, goods bought for resale
- ₹49Running the businessstaff, rent, marketing, power and everything else
- ₹10.0Interest on its loansthe cost of borrowed money
- ₹8.1Wear and tearmachines, stores and buildings losing value over time
- ₹4.1Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹13 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Between ₹12 and ₹20 is a respectable return. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹1054 actually came in as cash.
Over the last 3 years: ₹9.6 crore of profit and ₹102 crore of cash from its day-to-day business. Profit that shows up as cash is the most believable kind.
04Is the price high or low?
You pay ₹14 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 14 means buyers are paying for about 14 years of today's profit up front.
The share price over the past year
It is 22% below its highest price of the past year and 30% above its lowest.
05Who owns it?
Its founders and parent group own 66 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 18,149 people and institutions hold its shares.
As filed for the quarter ending 30 Sept 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
The figures raise more questions than they answer.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
Nothing stands out in its favour in the figures we have.
Worth watching
- Owes ₹2.1 of debt for every ₹1 its owners have in the business.
- Founders have pledged 45% of their shares as loan collateral — a forced sale is possible if the price falls.
- Thinly traded — only about ₹2 lakh of shares change hands a day, so buying or selling can move the price.
07What happened lately?
Latest quarter: sales up 14%, profit up 118%.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹37 Cr
▲ 13.9% on a year earlier
Profit
₹2.2 Cr
▲ 117.8% on a year earlier
No notable developments in the last few weeks.
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This page describes Shalimar Wires using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Shalimar Wires Industries Ltd (SHALIWIR): company summary
The company's business improved significantly, with annual net profit rising 148.7% to ₹6 crore, driven by a 2.3 percentage point increase in the net profit margin to 4.1%.
Shalimar Wires Industries Ltd (SHALIWIR) is a micro-cap Textiles company valued at ₹84 crore operating in Textile Products on the NSE and BSE.
- Recent price move
- Shalimar Wires Industries Ltd last traded at ₹19.55, modestly up 0.62% on the day.
- Recent developments
- On 2026-09-30, promoter shares pledged reached 45.03% of promoter holding, indicating potential liquidity pressures. The company's debt to equity ratio remains at 2.12, highlighting its highly leveraged position.
- Financial performance
- The company's business improved significantly, with annual net profit rising 148.7% to ₹6 crore, driven by a 2.3 percentage point increase in the net profit margin to 4.1%. However, the latest quarter showed a strong rebound, with net profit jumping 117.8% to ₹2 crore, outpacing the year-ago quarter's ₹1 crore, while revenue grew 13.9% to ₹37 crore.
- Valuation multiples
- The stock trades at 14.4 times earnings, 1.84 times book value.
- Things to watch
- The company's debt to equity ratio of 2.12 indicates a highly leveraged position, increasing financial risk. The stock is 22.2% below its 52-week high, reflecting a significant drop from recent peak levels.
- Where it stands
- Shalimar Wires Industries Ltd reported a strong rebound in the latest quarter, with net profit rising 117.8% to ₹2 crore. The company's net profit margin improved to 4.1%, but its debt to equity ratio remains at 2.12, indicating high leverage. The stock is 22.2% below its 52-week high.
Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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