Excellent Wires and Packaging Ltd
Incorporated in March 2021, Excellent Wires and Packaging Ltd manufactures a diverse range of high-quality wires and offers packaging solutions.[1]
- Market Cap ₹ 18.2 Cr.
- Current Price ₹ 40.8
- High / Low ₹ 65.0 / 36.9
- Stock P/E 14.9
- Book Value ₹ 43.8
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 9.70 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.93 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 55.2 to 69.6 days.
- Working capital days have increased from 55.9 days to 141 days
* 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
Industrials Capital Goods Industrial Products Other Industrial Products
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 7.29 | 14.48 | 15.41 | 22.19 | 21.63 | |
| 7.12 | 14.06 | 13.96 | 20.42 | 19.96 | |
| Operating Profit | 0.17 | 0.42 | 1.45 | 1.77 | 1.67 |
| OPM % | 2.33% | 2.90% | 9.41% | 7.98% | 7.72% |
| 0.00 | 0.00 | 0.00 | 0.24 | 0.40 | |
| Interest | 0.09 | 0.25 | 0.27 | 0.09 | 0.02 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.46 | 0.44 |
| Profit before tax | 0.07 | 0.14 | 1.12 | 1.46 | 1.61 |
| Tax % | 28.57% | 28.57% | 26.79% | 23.29% | |
| 0.05 | 0.10 | 0.82 | 1.12 | 1.22 | |
| EPS in Rs | 25.00 | 50.00 | 23.43 | 2.51 | 2.73 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 182% |
| TTM: | 56% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -40% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.35 | 4.47 | 4.47 |
| Reserves | 0.05 | 0.15 | 3.62 | 14.65 | 15.10 |
| 1.09 | 2.25 | 2.24 | 0.00 | 0.00 | |
| 1.27 | 0.83 | 0.84 | 0.93 | 1.17 | |
| Total Liabilities | 2.43 | 3.25 | 7.05 | 20.05 | 20.74 |
| 0.13 | 0.14 | 1.99 | 4.15 | 3.95 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.15 | 0.55 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 2.30 | 3.11 | 5.06 | 15.75 | 16.24 | |
| Total Assets | 2.43 | 3.25 | 7.05 | 20.05 | 20.74 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.21 | 0.34 | 0.00 | -5.79 | |
| -0.14 | -0.06 | -2.01 | -8.16 | |
| -0.09 | -0.14 | 2.61 | 13.93 | |
| Net Cash Flow | -0.01 | 0.14 | 0.60 | -0.01 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 67.09 | 40.84 | 55.19 | 69.58 |
| Inventory Days | 47.41 | 37.79 | 47.43 | 66.97 |
| Days Payable | 70.26 | 22.49 | 17.09 | 12.53 |
| Cash Conversion Cycle | 44.24 | 56.13 | 85.53 | 124.02 |
| Working Capital Days | -3.50 | -0.76 | 27.24 | 141.13 |
| ROCE % | 21.79% | 32.21% | 12.24% |
Documents
Announcements
-
Integrated Filing- Financial
12 November 2025 - Approved unaudited H1 (30 Sep 2025) results: revenue Rs1,009.39L, net profit Rs44.96L; auditor review unmodified.
-
Statement of deviation(s) or variation(s) under Reg. 32
12 November 2025 - Reallocation of Rs145.69 lakh IPO proceeds to land acquisition/building; shareholder approval Aug 19, 2025; deployment by Mar 2026.
-
Outcome of Board Meeting
12 November 2025 - Unaudited H1 (30 Sep 2025) results: Revenue Rs1009.39L, PAT Rs44.96L; IPO utilization update.
-
Outcome of Board Meeting
12 November 2025 - Unaudited half-year ended 30 Sep 2025: Revenue Rs1009.39L, PAT Rs44.96L; IPO unutilised Rs503.99L; WOS formed.
-
General Updates
24 October 2025 - Wholly-owned subsidiary KINSH IMPEX LIMITED incorporated 23 Oct 2025; Rs.1,00,000 paid-up capital.
Business Overview:[1][2]
EWPL is in the business of trading, importing, exporting, and acts as a manufacturer in dealing with all types of metal articles, alloy and non-alloy wires, and other allied items, their parts, fittings, accessories & components. It also offers packaging solutions such as PP Strapping Rolls and BOPP Self-Adhesive Tapes to meet a wide range of industrial needs.