Plaza Wires Ltd

Plaza Wires Ltd

₹ 87.3 -0.65%
28 Jun - close price
About

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]

Key Points

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.

  • 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

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023 Mar 2024
48.21 47.99 50.10 52.51
45.41 44.05 48.63 50.82
Operating Profit 2.80 3.94 1.47 1.69
OPM % 5.81% 8.21% 2.93% 3.22%
0.09 0.03 0.33 0.66
Interest 1.20 1.20 0.94 0.99
Depreciation 0.33 0.37 0.38 0.38
Profit before tax 1.36 2.40 0.48 0.98
Tax % 26.47% 35.42% -4.17% 35.71%
1.00 1.55 0.50 0.63
EPS in Rs 0.33 0.51 0.11 0.14
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
69.83% 69.83%
2.20% 0.00%
2.12% 0.00%
25.84% 30.17%
No. of Shareholders 48,13757,605

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents