Shalimar Wires Q2 Net Profit Rises to ₹2.94 Crore

Revenue from operations: ₹43.48 crore (Q2 FY27) vs ₹35.98 crore (Q2 FY26) - 20.8% increase
Other Income: ₹0.66 crore (Q2 FY27) vs ₹0.53 crore (Q2 FY26)
Total Revenue: ₹44.14 crore (Q2 FY27) vs ₹36.51 crore (Q2 FY26)
Profit before tax: ₹2.94 crore (Q2 FY27) vs ₹1.48 crore (Q2 FY26) - 98.6% increase
Net Profit: ₹2.94 crore (Q2 FY27) vs ₹1.48 crore (Q2 FY26)
Basic & Diluted EPS: ₹0.69 (Q2 FY27) vs ₹0.35 (Q2 FY26)

Revenue from operations: ₹80.88 crore (H1 FY27) vs ₹68.82 crore (H1 FY26) - 17.5% increase
Profit before tax: ₹5.13 crore (H1 FY27) vs ₹2.50 crore (H1 FY26) - 105.2% increase
Net Profit: ₹5.13 crore (H1 FY27) vs ₹2.50 crore (H1 FY26)
Basic & Diluted EPS: ₹1.20 (H1 FY27) vs ₹0.58 (H1 FY26)

Total Assets: ₹219.78 crore (vs ₹209.84 crore as at 31st March, 2026)
Non-current assets: ₹109.68 crore (Property, Plant and Equipment: ₹103.06 crore)
Current assets: ₹110.10 crore (Inventories: ₹53.67 crore, Trade receivables: ₹33.03 crore)
Cash and cash equivalents: ₹4.61 crore
Other bank balances: ₹12.99 crore

Total Equity: ₹48.33 crore (Equity Share capital: ₹8.55 crore, Other Equity: ₹39.78 crore)
Non-current liabilities: ₹99.47 crore (Borrowings: ₹76.18 crore)
Current liabilities: ₹71.97 crore (Borrowings: ₹20.48 crore, Trade payables: ₹37.19 crore)

Paid-up Equity Share Capital: ₹8.55 crore (42,755,000 shares of ₹2 each fully paid up)
Public Shareholding: 14,661,815 shares (34.29%)
Promoter and Promoter Group Shareholding: 28,093,308 shares (65.71%)
Pledged/Encumbered Shares: 12,650,481 shares (45.03% of promoter holding, 29.59% of total capital)
Non-Encumbered Promoter Shares: 15,442,827 shares (54.97% of promoter holding, 36.12% of total capital)

Review conducted by: Khandelwal Ray & Co., Chartered Accountants (FR No. 302035E)
Review standard: SRE 2410 issued by ICAI
Key qualifications:
No provision made for contingent liabilities (quantum unascertained)
No provision for current tax and deferred tax assets/liabilities
The review is substantially less in scope than an audit

Claims against company not acknowledged as debts: ₹77.28 lakhs
Income Tax demands under appeal: ₹524.27 lakhs
Various government demands (Sales Tax, GST, Excise, etc.) under appeal: ₹811.20 lakhs
Liability likely to arise on re-opening of cases by various authorities: amount unascertained

Working Capital Term Loan under ECLG Scheme 5.0: ₹3.51 crore (availed 2026-27, repayable in 60 months with 12 months moratorium)
Term Loan: ₹4.5 crore (availed 2026-27, repayable in 36 months from August 2026)
Enhanced Cash Credit Limit: Increased from ₹15 crore to ₹20 crore (2025-26)
Foreign currency Term Loan: ₹1.45 crore (converted from LC facilities, repayable in 36 months from September 2025)
ECLG Scheme loan: ₹1.92 crore (availed 2021-22, repayable in 60 months with 24 months moratorium)
Unsecured loans from promoters: ₹13.75 lakhs (repayable after settled dues of secured creditors)
Unsecured loans from bodies corporate: ₹11.25 lakhs (repayable after settled dues of secured creditors)

The financial results prepared in accordance with Ind AS prescribed under Companies Act, 2013
Actuarial valuations under Ind AS 19 to be considered at year-end finalization
Fair valuation gain/loss on investments to be considered at year-end finalization
Depreciation considered as estimated, short/excess to be adjusted at year-end
Current and deferred tax to be considered at year-end finalization
Previous period figures regrouped/rearranged where necessary
Board meeting held on 13th November, 2026 from 12:30 PM to 1:45 PM