What we do Shalimar Wires Industries Ltd manufactures metal wire cloths, synthetic woven fabrics, EDM wires, and accessories for the paper, pulp, board, and tool room industries. |
Founded in 1,996 |
Market share Established player in niche segments serving domestic and export markets with steady revenue growth and recent capacity expansions. |
Problem solved Provides high-quality industrial wires and fabrics essential for paper manufacturing and tool room processes, enhancing production efficiency. |
Top clients or who we serve B2B customers including paper mills, pulp and board industries, and tool rooms across India and international markets. |
Key management Sunil Khaitan, Chairman & Managing Director; Vedant Khaitan, Joint Managing Director, leading modernization and expansion initiatives. |
Our journey and innovations Founded in 1996, modernized plants with imported looms and machinery in 2024-25, expanding production capacity to meet growing demand. |
Where we operate Primarily India with export markets contributing to international sales. |
Top products or what we offer Metal wire cloths, synthetic woven fabrics, EDM wires and strips, dandy rolls, industrial accessories. |
Top brands - |
Raw materials needed Metal wires, synthetic fibers, chemicals used in wire and fabric manufacturing. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenues mainly from recurring industrial orders with some cyclicality linked to paper industry demand. |
Our industry position Strong regional presence with steady export growth; continues upgrading technology to maintain competitiveness. |
Financial highlights Revenue Rs 131.94 Cr; Net profit Rs 2.34 Cr for FY 2024-25; improved profitability and margin expansion after modernization. |
Geographical revenue split Approximately 70% India, 18% exports, balance from other regions. |
Order book - |
Whats driving growth Capacity expansions, new imported machinery, and strong export demand drive revenue and profitability growth. |
Our future plans Add new looms and seaming machines to boost capacity and cater to expanding domestic and export markets. |
Our green promise Committed to environmental compliance and sustainable manufacturing practices. |
Our people and values Focus on operational excellence, employee safety, and fostering good industrial relations. |
Key challenges ahead Market cyclicality, raw material costs, and competitive pressures in industrial fabrics and wires. |
Interesting facts One of few Indian firms with imported German looms enhancing product quality and capacity. |
Risks and strategy Mitigates raw material price volatility and market risks through product diversification and modernization investments. |