Shalimar Wires Industries Limited
BBSE:SHALIWIR18.42
INR
+0.48
(+2.68%)
Shalimar Wires Industries Limited
BSE:SHALIWIR
(Bombay Stock Exchange)
Recent
price
18.42
P/E
ratio
10.77
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Shalimar Wires Industries Limited manufactures and sells a comprehensive range of products primarily serving the paper manufacturing industry. Its core offerings include paper machine clothing such as forming fabric products—involving single-layer, multi-layer, and shute support binder fabrics; various types of woven dryer screens including twin plane-H and mono dryer screens; spiral screens with round yarn for drying and conveyor applications; and stainless steel wire mesh. Additionally, the company produces plain woven and chain laid dandy rolls, modern bracket systems, dandy covers, and customized watermarks, complemented by paper machine accessories and technical services. Shalimar Wires also manufactures and supplies EDM wires and non-ferrous wires including coated and plain EDM wires, phosphor bronze wires, and copper alloy wires. The company further engages in the production of cleaning systems and water filters used in industrial applications. Founded in 1962 and headquartered in Kolkata, India, Shalimar Wires operates mainly within India, servicing domestic paper mills and allied industries. It holds ISO certification for its manufacturing processes and emphasizes innovative solutions and quality in paper machine clothing. In recent developments, Shalimar Wires has reported improved financial performance with revenue growth in the fiscal year 2024-2025 and a significant increase in net profit margins, reflecting strengthened operational efficiency. The company continues to focus on expanding its product portfolio and technical service offerings in paper machine clothings and related industrial wire products. There is no public record of major acquisitions, partnerships, or rebranding within the last 1-2 years, but financial disclosures indicate a strategic emphasis on profitability improvement and operational consolidation. Shalimar Wires Industries Limited serves industries involving paper manufacturing and non-ferrous wire products across India, maintaining a strong presence in sectors requiring specialized industrial wire cloths and accessories used in paper production and metal wire applications. This description encompasses the company's product scope, its industry focus, key recent financial improvements, and operational geography, with its founding year as 1962 and headquarters based in Kolkata, India. The company’s product range includes forming fabrics, paper machine accessories, EDM and non-ferrous wires, dandy rolls, and industrial cleaning systems. Recent focus remains on enhancing profitability and operational efficiency with no noted major strategic shifts publicly disclosed in the last two years.