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Shalimar Wires Industries Ltd (532455)

📊 BSE: 532455 🏢 Other Textile Products 📢 Latest filing: 11 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Shalimar Wires' revenue was ₹37.4 Cr (+13.9% year on year, -2.4% on the previous quarter), and net profit ₹2.2 Cr (+117.6% year on year); the operating margin was 25.0%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹37.4	+13.9%	-2.4%
Operating profit	₹9.3	+27.0%	+16.3%
Net profit	₹2.2	+117.6%	-5.3%
EPS (₹)	0.51	+112.5%	-5.6%
Operating margin	25.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Shalimar Wires Approves Q1 FY27 (June 2026) Unaudited Financial Results

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 11 Aug 2026, 01:41 PM

Shalimar Wires Industries held its board meeting on August 11, 2026, to approve the unaudited standalone financial results for the quarter ended June 30, 2026. While the specific P&L figures for the current quarter were not detailed in the filing text, the company entered this period with a TTM revenue of ₹142 Cr and a PAT of ₹6 Cr. A key concern for investors remains the company's high leverage, with a debt-to-equity ratio of 2.07 and total debt of ₹91 Cr. The market capitalization stands at ₹81 Cr, making the debt load larger than the company's entire equity value.

Board meeting to approve Q1 results concluded at 13:21 PM on August 11, 2026.
Company reported a TTM revenue of ₹142 Cr and OPM of 21.7% leading into this quarter.
Total debt stands at ₹91 Cr, which is approximately 1.12x the current market capitalization of ₹81 Cr.
Promoter holding has remained steady at 65.71% as of the June 2026 quarter.

💡 Investors should review the detailed P&L statement to see if revenue exceeded the ₹32.84 Cr reported in the same quarter last year (June 2025) and monitor any changes in finance costs given the ₹91 Cr debt.

Shalimar Wires Approves Q1 FY27 Results; Board Meeting Concludes on Aug 11, 2026

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 11 Aug 2026, 01:30 PM

Shalimar Wires Industries has approved its unaudited standalone financial results for the quarter ended June 30, 2026. The board meeting was conducted on August 11, 2026, lasting approximately 51 minutes. While the specific Q1 figures were not detailed in the summary brief, the company enters this period with a TTM revenue of Rs 142 Cr and a net profit of Rs 6 Cr. Investors should note the company's high leverage, with a debt-to-equity ratio of 2.07 and total debt of Rs 91 Cr.

Board meeting held on August 11, 2026, to approve Q1 FY27 standalone results
Meeting duration was 51 minutes, commencing at 12:30 PM and concluding at 1:21 PM
Company reported TTM revenue of Rs 142 Cr and OPM of 21.7% as of the previous fiscal year
Debt-to-equity ratio remains elevated at 2.07 with total debt of Rs 91 Cr

💡 Investors should examine the detailed P&L statement to check if the operating margin (21.7% TTM) is sustained and if there is any progress in reducing the Rs 91 Cr debt burden.

Shalimar Wires to Hold EGM on Aug 25 for Director Appointment and ₹12 Lakh Remuneration

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 04 Aug 2026, 01:31 PM

Shalimar Wires Industries has convened an Extra-Ordinary General Meeting (EGM) on August 25, 2026, to approve the appointment of Mr. Sanjay Kumar Kaushik as a Non-Executive Director. Mr. Kaushik, who has over 27 years of experience in the manufacturing industry, was previously appointed as an Additional Director on July 4, 2026. The company is seeking approval for an annual remuneration not exceeding ₹12,00,000 for this role. This amount represents approximately 0.2% of the company's TTM PAT of ₹6 crore, making it a minor financial commitment.

Extra-Ordinary General Meeting (EGM) scheduled for August 25, 2026, at 11:30 AM via Video Conferencing.
Proposed annual remuneration for Mr. Sanjay Kumar Kaushik capped at ₹12,00,000.
Record date (cut-off) for e-voting eligibility is August 18, 2026.
Mr. Kaushik brings over 27 years of experience in manufacturing, strategic planning, and business management.
Remote e-voting period is set from August 21 to August 24, 2026.

💡 Investors should note the voting results following the August 25 EGM to confirm the board's composition and the formalization of the new director's role.

August 25, 2026: Shalimar Wires Industries Schedules EGM; Fixes August 18 as Cut-off Date

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 03 Aug 2026, 05:20 PM

Shalimar Wires Industries Ltd has issued a revised notice for an Extra-Ordinary General Meeting (EGM) scheduled for August 25, 2026. This filing corrects a typographical error in a previous notice that mistakenly referred to the meeting as an AGM. The company has established August 18, 2026, as the cut-off date for determining shareholder voting eligibility. Remote e-voting will be conducted through NSDL from August 21 to August 24, 2026.

Extra-Ordinary General Meeting (EGM) to be held on August 25, 2026, at 11:30 a.m.
Cut-off date for determining voting eligibility is fixed as August 18, 2026.
Remote e-voting period starts August 21, 2026 (9:00 A.M.) and ends August 24, 2026 (5:00 P.M.).
The meeting will be conducted via video conferencing (VC) or other audio-visual means (OAVM).
Correction issued for a typographical error in the previous covering letter dated July 4, 2026.

💡 Investors should monitor for the detailed EGM agenda to understand the specific corporate actions or resolutions being proposed for shareholder approval.

Shalimar Wires to Hold EGM on August 25, 2026; Voting Cut-off Set for August 18

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 03 Aug 2026, 03:08 PM

Shalimar Wires Industries Ltd has scheduled an Extra-Ordinary General Meeting (EGM) for August 25, 2026, to be conducted via video conferencing. The company has established August 18, 2026, as the cut-off date to determine shareholder eligibility for voting. The remote e-voting window will be open for four days, starting August 21 and concluding on August 24, 2026. While the specific agenda items were not detailed in this intimation, EGMs are typically convened for urgent corporate matters requiring shareholder approval.

Extra-Ordinary General Meeting (EGM) scheduled for August 25, 2026, at 11:30 A.M.
Cut-off date for determining voting eligibility is fixed as August 18, 2026.
Remote e-voting period begins on August 21, 2026, at 9:00 A.M. and ends on August 24, 2026, at 5:00 P.M.
Company currently operates with a high Debt-to-Equity ratio of 2.07 and a market cap of ₹78 Cr.
Services of National Securities Depository Limited (NSDL) will be used for electronic voting.

💡 Investors should review the detailed EGM notice (once available) to understand the specific resolutions being proposed, as EGMs often involve material corporate actions.

Shalimar Wires Board Meeting on August 11, 2026, to Approve Q1 FY27 Results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 03 Aug 2026, 02:12 PM

Shalimar Wires Industries has scheduled a board meeting for August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company enters this quarter with a TTM revenue of ₹142 Cr and a PAT of ₹6 Cr. Investors will be monitoring if the company can maintain its operating profit margin, which stood at 21.7% for the trailing twelve months. The trading window for designated persons has been closed since July 1, 2026, as per standard regulatory requirements.

Board meeting scheduled for August 11, 2026, to approve Q1 financial results.
Trading window for insiders has been closed since July 1, 2026.
Company reported a TTM revenue of ₹142 Cr and TTM PAT of ₹6 Cr.
Operating Profit Margin (OPM) remains a key metric at 21.7% TTM.
Debt-to-Equity ratio is relatively high at 2.07 as per latest context.

💡 Watch for the earnings release on August 11, 2026, specifically focusing on whether the company can sustain its quarterly revenue growth (which rose from ₹32.84 Cr in June 2025 to ₹38.33 Cr in March 2026).

Shalimar Wires Corrects Director Appointment Category to Non-Executive

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 22 Jul 2026, 05:23 PM

Shalimar Wires Industries Ltd has issued a clarification regarding the appointment of Mr. Sanjay Kumar Kaushik, which was initially approved in a board meeting on July 4, 2026. The company corrected his designation from 'Independent Director' to 'Additional Director (Non-Executive Category)'. This administrative correction follows the initial notification sent on the same day. The appointment remains subject to shareholder approval, which is standard for such board changes in a company with a market capitalization of ₹78 Cr.

Board meeting held on July 4, 2026, originally approved the appointment
Mr. Sanjay Kumar Kaushik (DIN: 00329013) appointed as Additional Director
Category corrected from Independent to Non-Executive due to an inadvertent error
Company maintains a high Debt-to-Equity ratio of 2.07 as per latest financials

💡 Investors should note the correction in board composition and watch for the upcoming shareholder approval of the appointment in the next General Meeting.

Shalimar Wires Clarifies No Undisclosed Information Behind Recent Price Movement

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 15 Jul 2026, 04:19 PM

Shalimar Wires Industries Ltd has responded to a BSE query dated July 13, 2026, regarding recent fluctuations in its stock price. The company clarified that all material information, including the FY26 annual results announced on May 29, 2026, and the Annual Report approved at the AGM on June 30, 2026, is already public. Management stated that the price movement is entirely market-driven and there are no pending announcements that could impact the stock price. This filing is a standard procedural response to exchange surveillance.

BSE requested clarification on price movement via email on July 13, 2026
Annual Financial Results for the year ended March 31, 2026, were announced on May 29, 2026
Annual General Meeting (AGM) was successfully held on June 30, 2026
Company confirms no undisclosed information/announcements are pending as of July 15, 2026

💡 Investors should focus on fundamental performance rather than speculative price movements, as the company has confirmed no new material developments.

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