Shalimar Wires Industries (BSE 532455)₹18.73+2.63%Other Textile Products
In the Mar 2026 quarter (standalone), Shalimar Wires Industries reported sales of ₹38.20 Cr, up 5.6% from Mar 2025, and net profit of ₹2.31 Cr, up 165.5% year on year. For the year to Mar 2026, sales were ₹142 Cr and net profit ₹5.99 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31.51 | 33.19 | 29.24 | 34.09 | 33.79 | 30.66 | 30.77 | 36.18 | 32.69 | 35.86 | 34.88 | 38.20 |
| Expenses | 24.71 | 25.87 | 24.36 | 33.20 | 26.65 | 24.39 | 24.63 | 30.71 | 25.46 | 28.01 | 27.41 | 30.26 |
| Operating Profit | 6.87 | 7.41 | 4.95 | 0.93 | 7.25 | 6.33 | 6.23 | 5.57 | 7.35 | 7.91 | 7.59 | 8.03 |
| OPM % | 21.8% | 22.2% | 16.9% | 2.7% | 21.5% | 20.6% | 20.2% | 15.4% | 22.4% | 22.0% | 21.7% | 21.0% |
| Other Income | 0.52 | 0.77 | 0.40 | 5.13 | 0.42 | 0.45 | 0.70 | 1.53 | 0.53 | 0.54 | 0.54 | −1.04 |
| Interest | 3.44 | 3.44 | 3.44 | 2.22 | 3.38 | 3.04 | 3.04 | 4.05 | 3.38 | 3.48 | 3.63 | 3.62 |
| Depreciation | 2.99 | 2.99 | 2.99 | 3.91 | 3.47 | 3.49 | 3.47 | 2.15 | 3.49 | 3.47 | 3.47 | 1.06 |
| Profit before tax | 0.95 | 1.74 | −1.11 | −0.11 | 0.82 | 0.26 | 0.41 | 0.89 | 1.02 | 1.49 | 1.02 | 2.32 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 2.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −2.01 |
| Net Profit | 0.93 | 1.72 | −1.09 | −0.09 | 0.80 | 0.24 | 0.39 | 0.87 | 1.00 | 1.47 | 1.00 | 2.31 |
| EPS (Rs) | 0.23 | 0.41 | −0.27 | −0.03 | 0.20 | 0.07 | 0.10 | 0.22 | 0.25 | 0.36 | 0.25 | 0.55 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 95.61 | 101 | 105 | 114 | 111 | 87.64 | 96.68 | 121 | 128 | 131 | 142 | 142 |
| Expenses | 82.93 | 88.89 | 106 | 110 | 101 | 81.94 | 89.83 | 97.81 | 108 | 107 | 111 | 111 |
| Operating Profit | 12.99 | 10.98 | −0.99 | 4.99 | 9.99 | 5.99 | 6.99 | 21.99 | 19.99 | 24.95 | 30.96 | 30.88 |
| OPM % | 13.0% | 11.0% | −0.9% | 4.7% | 9.0% | 7.0% | 7.0% | 19.0% | 16.0% | 19.0% | 22.0% | 21.8% |
| Other Income | 1.01 | 24.08 | 219 | 3.01 | 7.02 | 2.01 | 14.04 | 9.03 | 7.02 | 3.01 | 1.01 | 0.57 |
| Interest | 7.98 | 7.98 | 7.98 | 8.98 | 11.98 | 15.97 | 12.98 | 14.96 | 12.97 | 12.97 | 13.98 | 14.11 |
| Depreciation | 5.99 | 5.99 | 4.99 | 4.99 | 9.01 | 9.01 | 8.99 | 9.99 | 12.99 | 12.99 | 11.99 | 11.49 |
| Profit before tax | 0.00 | 22.06 | 204 | −5.01 | −3.01 | −17.03 | 0.00 | 7.02 | 1.01 | 2.01 | 6.02 | 5.85 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Exceptional items | 0.00 | 20.04 | 215 | 0.00 | 0.00 | 0.00 | 10.01 | 6.01 | 2.01 | 0.00 | −2.01 | −2.01 |
| Net Profit | 0.00 | 21.99 | 203 | −4.99 | −2.99 | −16.97 | 0.00 | 6.99 | 0.99 | 1.99 | 5.99 | 5.78 |
| EPS (Rs) | −0.07 | 5.80 | 54.18 | −1.21 | −0.79 | −3.91 | −0.03 | 1.54 | 0.35 | 0.56 | 1.37 | 1.41 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| 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 | 8.02 | 8.02 | 8.03 | 9.03 | 9.03 | 9.03 | 9.02 | 9.03 | 9.03 | 9.03 | 9.03 | 9.03 |
| Reserves | −183 | −183 | −161 | 43.11 | 37.11 | 34.10 | 18.03 | 18.06 | 24.08 | 26.08 | 29.08 | 35.09 |
| Borrowings | 82.67 | 118 | 85.77 | 73.00 | 92.02 | 92.95 | 84.89 | 85.02 | 91.09 | 89.95 | 88.91 | 90.80 |
| Other Liabilities | 236 | 207 | 234 | 34.16 | 40.20 | 62.29 | 76.37 | 60.29 | 45.21 | 51.25 | 71.34 | 75.37 |
| Total Liabilities | 143 | 149 | 166 | 159 | 177 | 198 | 187 | 171 | 168 | 175 | 198 | 210 |
| Fixed Assets | 41.16 | 49.16 | 48.20 | 46.17 | 73.23 | 68.17 | 77.21 | 71.27 | 94.33 | 89.26 | 79.27 | 110 |
| CWIP | 17.03 | 10.01 | 6.01 | 7.02 | 21.04 | 41.10 | 28.07 | 30.06 | 0.00 | 1.01 | 29.08 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 85.04 | 88.99 | 111 | 106 | 83.09 | 89.10 | 83.03 | 70.07 | 74.08 | 85.04 | 89.01 | 100 |
| Inventories | 29.47 | 30.22 | 27.17 | 24.99 | 27.39 | 35.09 | 33.06 | 33.61 | 36.82 | 42.50 | 40.19 | 48.80 |
| Trade receivables | 35.06 | 39.07 | 40.19 | 32.76 | 30.11 | 28.75 | 32.51 | 26.31 | 25.38 | 25.54 | 29.09 | 31.65 |
| Cash & equivalents | 1.59 | 4.25 | 28.42 | 32.85 | 9.15 | 8.66 | 6.49 | 1.97 | 3.57 | 4.04 | 6.69 | 9.56 |
| Total Assets | 143 | 149 | 166 | 159 | 177 | 198 | 187 | 171 | 168 | 175 | 198 | 210 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 34.90 | −2.99 | 14.95 | 240 | 15.93 | 30.88 | 19.92 | 22.94 | 17.94 | 24.91 | 46.87 | 28.88 |
| Cash from investing activity | −12.99 | −7.01 | 0.99 | −1.99 | −46.02 | −20.01 | −5.01 | −4.01 | −3.01 | −9.01 | −30.99 | −11.99 |
| Cash from financing activity | −22.94 | 12.98 | 7.99 | −234 | 5.99 | −10.98 | −17.97 | −23.95 | −12.98 | −15.96 | −12.97 | −13.98 |
| Net cash flow | −1.01 | 3.01 | 24.05 | 4.01 | −24.07 | 0.00 | −2.01 | −5.01 | 2.01 | 0.00 | 3.01 | 3.01 |
| Capex | 12.91 | 7.40 | 3.94 | 3.61 | 46.85 | 29.14 | 5.82 | 5.13 | 3.12 | 8.88 | 31.31 | 13.14 |
| Free cash flow | 22.07 | −11.03 | 13.04 | 238 | −31.10 | 10.03 | 15.04 | 19.07 | 15.05 | 16.05 | 16.04 | 16.06 |
| CFO / OP % | 236.1% | −22.9% | 132.0% | −24,129.9% | 280.0% | 299.1% | 346.0% | 348.1% | 78.1% | 125.1% | 186.0% | 94.1% |
| 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 | 137 | 150 | 147 | 115 | 96 | 96 | 135 | 100 | 78 | 74 | 82 | 82 |
| 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 | −664 | −586 | −570 | 98 | 68 | 16 | −36 | −4 | 52 | 34 | 33 | 35 |
| ROCE % | — | — | — | −10.9% | 3.0% | 6.0% | −1.0% | 2.0% | 13.1% | 10.1% | 12.1% | 17.1% |
For the Mar 2026 quarter, Shalimar Wires Industries reported sales of ₹38.20 Cr, up 5.6% year on year and net profit of ₹2.31 Cr, up 165.5% year on year. The operating margin was 21.0%.
Shalimar Wires Industries' sales for the year to Mar 2026 were ₹142 Cr; over the last twelve months they were ₹142 Cr.
Net profit for the year to Mar 2026 was ₹5.99 Cr, and ₹5.78 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.41.
Shalimar Wires Industries reported borrowings of ₹90.80 Cr at Mar 2026, against cash and equivalents of ₹9.56 Cr.
Cash from operations was ₹28.88 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹16.06 Cr.