Shalimar Wires doubles annual profit to ₹5.82 crore
The nano-cap firm grew total income by 7.4% for FY26. The fourth quarter alone contributed nearly 40% of the annual bottom line.
— 2 earlier stories on Shalimar Wires Industries Ltd. →What's new
- Annual income rose 7.4% to ₹144.62 crore.
- Net profit reached ₹5.82 crore, more than double the prior year's ₹2.34 crore.
- The fourth quarter accounted for ₹2.32 crore of the total annual profit.
Why this matters
For a company with a market valuation of ₹74 crore, this earnings jump is a material change. The concentration of profit in the final quarter suggests a late-year acceleration that resets the baseline for the current fiscal.
What we're watching
- Whether the Q4 earnings momentum sustains into the new fiscal year.
- Management commentary on the drivers behind the profit spike.
- Any further disclosure on the sustainability of the Q4 performance.
The full read
Shalimar Wires Industries delivered a sharp improvement in profitability for FY26. Total income climbed 7.4% to ₹144.62 crore.
Net profit reached ₹5.82 crore, more than double the ₹2.34 crore reported in the previous fiscal year. The performance was back-loaded. The fourth quarter alone contributed ₹2.32 crore to the annual profit, signaling a clear acceleration in earnings as the year closed. For a company with a market valuation of ₹74 crore, this shift in earnings power is the primary takeaway. The audit report carries an unmodified opinion, providing a clean bill of health for the numbers.
The open question is whether this late-year momentum is a structural change or a one-off event.
Questions answered
- How did Shalimar Wires perform in FY26 compared to FY25?
- The company grew its total income by 7.4% to ₹144.62 crore. Net profit rose to ₹5.82 crore from ₹2.34 crore.
- What was the contribution of the fourth quarter to the annual profit?
- The fourth quarter generated ₹2.32 crore in net profit. This represents a large portion of the total annual earnings.
- Did the auditors raise any concerns in the annual report?
- No. The statutory auditors issued an unmodified opinion on the financial results for the year ended March 31, 2026.
- What is the current market scale of the company?
- Shalimar Wires is a nano-cap company with a market valuation of approximately ₹74 crore.
Story so far
All notes on SHALIWIR →- 29 May 2026 · 3:57 PM IST Shalimar Wires doubles annual profit to ₹5.82 crore
- 1d ago Shalimar Wires confirms FY26 profit jump to ₹5.82 crore
- 1d ago Shalimar Wires board confirms routine annual governance items