Plaza Wires Ltd
Incorporated in 2006, Plaza Wires Limited is engaged in the business of manufacturing and selling wires, and selling and marketing LT aluminum cables and fast-moving electrical goods under its flagship brand "PLAZA CABLES" and home brands such as "Action Wires" and "PCG".[1]
- Market Cap ₹ 382 Cr.
- Current Price ₹ 87.3
- High / Low ₹ 174 / 74.8
- Stock P/E 104
- Book Value ₹ 27.3
- Dividend Yield 0.00 %
- ROCE 7.54 %
- ROE 4.26 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.20 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.74% over past five years.
- Company has a low return on equity of 9.62% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Cables Industry: Cables - Power
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
158 | 159 | 145 | 177 | 182 | 199 | |
145 | 148 | 134 | 164 | 167 | 189 | |
Operating Profit | 13 | 11 | 11 | 13 | 16 | 10 |
OPM % | 8% | 7% | 7% | 7% | 9% | 5% |
0 | 0 | 0 | 0 | 0 | 1 | |
Interest | 4 | 4 | 4 | 3 | 4 | 4 |
Depreciation | 1 | 1 | 1 | 1 | 1 | 1 |
Profit before tax | 8 | 5 | 6 | 9 | 10 | 5 |
Tax % | 16% | 27% | 28% | 31% | 27% | 30% |
7 | 4 | 4 | 6 | 8 | 4 | |
EPS in Rs | 183.87 | 10.47 | 11.44 | 1.95 | 2.46 | 0.84 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 11% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -12% |
3 Years: | -6% |
TTM: | -51% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 10% |
3 Years: | 10% |
Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 4 | 31 | 31 | 44 |
Reserves | 27 | 31 | 36 | 15 | 23 | 76 |
33 | 37 | 44 | 40 | 40 | 41 | |
26 | 17 | 16 | 18 | 19 | 12 | |
Total Liabilities | 89 | 89 | 99 | 104 | 112 | 173 |
20 | 20 | 20 | 23 | 23 | 26 | |
CWIP | 0 | 0 | 0 | 0 | 3 | 3 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 |
70 | 68 | 79 | 81 | 86 | 144 | |
Total Assets | 89 | 89 | 99 | 104 | 112 | 173 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
8 | 2 | -2 | 11 | 9 | -27 | |
-2 | -1 | -1 | -4 | -4 | -3 | |
-6 | -0 | 3 | -7 | -5 | 60 | |
Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 30 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 98 | 69 | 117 | 92 | 104 | 110 |
Inventory Days | 65 | 88 | 93 | 82 | 78 | 79 |
Days Payable | 57 | 28 | 33 | 29 | 27 | 13 |
Cash Conversion Cycle | 106 | 129 | 176 | 144 | 155 | 176 |
Working Capital Days | 100 | 117 | 158 | 130 | 135 | 182 |
ROCE % | 14% | 13% | 14% | 16% |
Documents
Announcements
- Closure of Trading Window 1d
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Jun - Of Securities and Exchange of India (LODR) Regulations, 2015 - Change in Management/Appointment (General)
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jun - Enclosure of copies of the relevant pages of the advertisement published in the newspaper dated June 01, 2024, inter-alia informing about the Extract of Audited …
- Statement Of Deviation Or Variation In Utilization Of Funds, If Any, Under Regulation 32 Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations') 30 May
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Secretarial Compliance Report for the Financial Year ended 31st March, 2024.
Business Profile[1] PWL is one of the leading manufacturers in wires and cables industry in North India and provides an extensive range of wires and cables.