Shalimar Wires Industries Ltd.
Snapshot View

10.05 +0.86 ▲9.4%

18 May 2022, 04:01:00 PM
Volume: 13,364

Overview View Details

Sector Non - Ferrous Metals Compare with Sector peers
Industry Metal - Non Ferrous Compare with Industry peers
Website http://www.shalimarwires.com
Market Cap 42.93 Cr.
Enterprise Value(EV) 118.08 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -3.79 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 8.73 Trailing Twelve Months Ending 2021-12
Book Value / Share 3.87 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.59 Calculated using Price: 10.04
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 4.28 Cr. 42,755,123 Shares
FaceValue 2
Company Profile

Shalimar Wires Industries started with a mission in 1962 to update technology in the Paper Industry and progressively reduce dependence on imports. The first step in the realisation of that mission was the manufacture of Fourdrinier Wire Cloth, which was a pioneering success in the area of import substitution, and the development of indigenous capability.

The company also set up facilities at its unit for the manufacture / reconditioning of Dandy Rolls (an import substitute item used in paper machines for improving the quality of paper and for water marking). In the early 70's it was found that their installed capacity of wire cloth was not adequate to cater to the requirements of the Paper Industry of India and some exports to South East Asian countries. For this purpose additional looms were installed in the years 1971-73.  Meanwhile, it was felt that this unit should produce some other products for paper industry that can be sold with value offering. With this idea,Dandy Roll production started in the year 1972. From the early 1970 the paper industry started using synthetic fabrics in place of metal wire cloth.Their division sensed the change and started working for the synthetic fabrics in-house.

In the initial stage certain fabrics were produced and tried in paper mills with encouraging results in the period 1975-78. By acquiring the required technical know-how for the production of Synthetic forming fabrics in India this unit started producing single layer synthetic forming fabric. In 1987 they added Multi layer forming fabric into their production range.

Products backed by a trained team of Technical Service Personnel having wide spread practical knowledge of papermills. n house R&D wing developing designs suitable for ever changing trends of the paper industry. Shalimar Wires is an ISO 9001-2000 certified Company.

The company is a pioneer and leader in EDM Industry in India and has a well-established and reputed global network in place.

The company is a pioneer and leader in EDM Industry in India and has a well-established and reputed global network in place. Their range of EDM Wires covers almost all applications and can be used on all types of machines. The company has installed state of the art manufacturing and processing equipment to produce uniform and consistent quality, supported by vast network managed by highly professional and experienced engineers.

EDM Wire Manufacturing process includes Special Casting, Annealing,Cleaning & Spooling. Independent Testing and R&D facilities dedicated for EDM Wires ensure superior product quality. Their R&D engineers are continuously upgrading existing product range as well as developing new products for various new application areas.

Different divisions of the company:

  • Paper Mills Products ( PMP ) Division is a pioneer in India in providing products and services to the paper mills spread all across the country and abroad. Situated in the state of West Bengal in India; it has an offering that encompasses the complete gamut of Paper Industry requirements. 
  • Non Ferrous Wires ( NF ) Division of the company is a pioneer and leader in theEDM Industry in India and in addition to EDM wires it also offers a wide range of other non-ferrous wires like Copper Alloy / Phosphor Bronze Wires, Zipper Flat Wires, Tooth Brush Anchor Wires, etc.

Product range of the company includes:

  • Paper Mills Products- Synthetic Wire Cloth , Single Layer Forming Fabric, Double Layer Forming Fabric, 2.5 Layer Forming Fabric,   Three Layer Forming Fabric
  • Metallic Wire Cloth- Phosphor Bronze Wire Cloth, Stainless Steel Wire Cloth
  • Pulp Mill Wire Cloth
  • Endless Diagonal Seam Covers
  • Dryer Screen
  • Dandy Rolls
  • Accessories
  • Auto Guides
  • Cleaning System
  • Watermarks
  • Water Filters   

Non Ferrous Wires:

  • Coated EDM Wires
  • Plain EDM Wires
  • Copper Alloy Wires
  • Phosphor Bronze Wires
  • Zipper Flat Wires
  • Tooth Brush Anchor Wires
  • Nickel Silver Wires
  • Brass Wires  

Achievements/ recognition:

  • Shalimar Wires is an ISO 9001-2000 certified company.
  • They are the first in India to produce Fourdrinier Wire Cloth for the Paper Industry. 
  • First in India to produce Forming Fabrics for the Paper Industry.
  • First in India to produce Dandy Rolls and its accessories.
  • First in India to produce EDM Wires through in-house Research & Development activity.
  • First in India to have their own Patented Brand of EDM Wires covering India and other parts of the world.
  • Shalimar Wires Industries Ltd. is recognized as an 'Export House' and has been awarded for 'Export Excellence' by the Government of India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+9.36%
1 Week
+11.67%
1 Month
+0.70%
3 Month
-23.28%
6 Month
+42.15%
1 Year
+45.86%
2 Year
+79.46%
5 Year
+44.60%
10 Year
+29.51%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -10.54 -7.50 -48.17
Return on Capital Employed (%) 786.93 2.87 6.20 -0.73
Return on Assets (%) 8.34 1.88 0.52 0.07 13.82 125.31 -3.05 -1.78 -8.68

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds -148 -145 -146 -146 -124 51 46 43 26 18
Non Curr. Liab. 62 60 46 66 61 74 86 86 82 84
Curr. Liab. 210 214 242 228 230 33 45 69 78 78
Minority Int.
Equity & Liab. 124 128 143 149 166 159 177 198 186 180
Non Curr. Assets 59 64 71 71 65 65 102 116 111 108
Curr. Assets 65 64 72 78 101 94 76 83 75 72
Misc. Exp. not W/O
Total Assets 124 128 143 149 166 159 177 198 186 180

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 93 91 94 96 102 105 115 111 88 99
Other Income 1 2 1 2 4 3 3 7 2 5
Total Income 94 92 96 98 107 109 119 118 91 104
Total Expenditure -74 -81 -80 -83 -91 -106 -110 -101 -83 -94
PBIDT 19 11 16 14 16 2 9 17 8 10
Interest -3 -7 -9 -8 -7 -8 -9 -12 -16 -16
Depreciation -7 -7 -6 -6 -6 -5 -5 -9 -9 -10
Taxation
Exceptional Items 5 -1 20 215
PAT 10 2 1 0 22 203 -5 -3 -17 -16
Adjusted EPS 3 1 0 0 6 48 -1 -1 -4 -4

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 17 14 13 35 -3 14 241 16 31 20
Cash Fr. Inv. -6 -15 -9 -13 -7 1 -2 -46 -20 -5
Cash Fr. Finan. -16 -1 -3 -23 13 9 -235 6 -11 -18
Net Change -5 -2 0 -1 3 24 4 -24 0 -2
Cash & Cash Eqvt 3 2 2 2 4 28 33 9 9 6

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 65.64 65.64 65.64 65.64 65.64 65.64 65.64 65.64 65.64
Public 34.36 34.36 34.36 34.36 34.36 34.36 34.36 34.36 34.36
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 54.24 54.24 54.24 54.24 54.24 54.24 54.24 54.24 54.24

Announcements View Details

Wed, 04 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we like to inform you that the Company has received information of loss of the following share certificate with a request to issue duplicate Share Certificate. Sl. No. Folio No./ Name of the Shareholder Certificate No. Dist. Nos.From - To No. of shares1. Folio No. 015146Rajni Indravadan JoshiJ/H : 1) Jaisenth Dharanoy Kapadia 2) Dharamsy Morarji 11164 579947 - 580033 87
Tue, 12 Apr 2022
Certificate Under Regulation 40(9)
In terms of regulation 40(9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are submitting herewith the certificate for the year ended 31st March 2022 duly certified by the practicing Company Secretary.
Wed, 06 Apr 2022
Compliance Certificate For The Period Ended 31St March 2022
In terms of Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we are submitting herewith the compliance certificate for the period from 01.04.2021 to 31.03.2022 received from the RTA.

Technical Scans View Details

Wed, 18 May 2022
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity

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