Shalimar Wires Industries Ltd Announces Unaudited Financial Results for Quarter Ended June 30, 2026
Shalimar Wires Industries Limited released its unaudited standalone financial results for the quarter ended June 30, 2026. The results were reviewed and approved by the company's Board of Directors on August 11, 2026.The Statement of Unaudited Financial Results shows a shift in operational income and profitability metrics compared to previous periods.
Financial Performance Highlights (Q1 FY2026)
For the three months ended June 30, 2026, the company recorded Total Revenue of 3,783.34 lacs. Key components of the revenue included a net of 3,739.46 lacs from operations and 43.88 lacs in Other Income.The operational expenditure for the quarter stood at 3,563.59 lacs. This led to a Profit before tax (PBT) of 219.75 lacs. After accounting for tax expenses, the Net Profit for the period was 245.15 lacs.
The unaudited results provide context on profitability and financing:
| Metric | Q1 FY2026 (30/06/2026) | Q1 FY2025 (30/06/2025) | FY 2026 (31/03/2026 - Audited) |
|---|---|---|---|
| Total Revenue | 3,783.34 lacs | 3,336.05 lacs | 14,462.05 lacs |
| Total Expenses | 3,563.59 lacs | 3,234.70 lacs | 13,692.46 lacs |
| Profit Before Tax | 219.75 lacs | 101.35 lacs | 769.59 lacs |
| Net Profit After Tax (Qtr) | 245.15 lacs | 101.35 lacs | N/A |
Earnings and Shareholding Details
The company reported an Earnings Per Share (EPS) of 0.51 for the quarter ended June 30, 2026, covering both Basic and Diluted metrics.Shareholding patterns as per the results are detailed below:
| Stakeholder Group | Percentage of Total Shares |
|---|---|
| Public Shareholding | 34.36% |
| Promoter and Promoter Group | 36.09% |
Among the promoter group, 45.03% is held by pledged/encumbered shares, while 54.97% is non-encumbered.
Operational Notes and Financial Contingencies
The unaudited results contain specific details regarding contingent liabilities and existing financial arrangements:- Contingent Liabilities: No provision was made for contingent liabilities in respect of claims against the company not acknowledged as debts (77.28 lacs), demands of Income Tax Authority under Appeals (524.27 lakhs), or demands from various Government Authorities under Appeals (811.20 lacs).
- Banking Facilities: The financial records noted that Kotak Mahindra Bank Ltd enhanced the Cash Credit Limit from Rs. 15 Crore to Rs. 20 Crore, and LC facilities totaling Rs. 1.45 Crore were converted into a foreign currency Term Loan repayable in 36 months.
- Historical Loans: The company also recorded historical loans, including unsecured loans from promoters (13.75 lacs) and certain corporate bodies (11.25 lacs), which are due after the repayment of all secured creditors under a Rehabilitation Scheme sanctioned by its Order dated June 10, 2010.
Stock Price Movement
At 13:30, shares of Shalimar Wires Industries Ltd are holding steady at ₹19.00, registering no movement on the trading day. The stock has seen intraday fluctuations, with its price moving between a high of ₹19.56 and a low of ₹18.56.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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