Excellent Wires and Packaging Ltd
Incorporated in March 2021, Excellent Wires and Packaging Limited manufactures a wide range of wires and wire ropes under the brand name "Excellent".[1]
- Market Cap ₹ 22.0 Cr.
- Current Price ₹ 49.3
- High / Low ₹ 89.2 / 44.5
- Stock P/E 19.3
- Book Value ₹ 42.8
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 9.87 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 1.15 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 91.4 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 | |
|---|---|---|---|---|
| 7.29 | 14.48 | 15.41 | 22.19 | |
| 7.12 | 14.06 | 13.95 | 20.42 | |
| Operating Profit | 0.17 | 0.42 | 1.46 | 1.77 |
| OPM % | 2.33% | 2.90% | 9.47% | 7.98% |
| 0.00 | 0.00 | 0.00 | 0.24 | |
| Interest | 0.09 | 0.25 | 0.27 | 0.09 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.46 |
| Profit before tax | 0.07 | 0.14 | 1.13 | 1.46 |
| Tax % | 28.57% | 28.57% | 26.55% | 21.92% |
| 0.05 | 0.10 | 0.83 | 1.14 | |
| EPS in Rs | 25.00 | 50.00 | 23.71 | 2.55 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 184% |
| TTM: | 37% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| 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 | |
|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.35 | 4.47 |
| Reserves | 0.05 | 0.15 | 3.62 | 14.65 |
| 1.09 | 2.25 | 2.24 | 0.00 | |
| 1.27 | 0.83 | 0.84 | 0.93 | |
| Total Liabilities | 2.43 | 3.25 | 7.05 | 20.05 |
| 0.13 | 0.14 | 1.99 | 4.15 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.15 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 2.30 | 3.11 | 5.06 | 15.75 | |
| Total Assets | 2.43 | 3.25 | 7.05 | 20.05 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0.21 | 0.34 | 0.01 | -5.79 | |
| -0.14 | -0.06 | -2.02 | -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 | 51.07 | 53.19 | 79.82 | 141.13 |
| ROCE % | 21.79% | 32.44% | 12.24% |
Documents
Announcements
-
Shareholders meeting
26 July 2025 - 4th Annual Report FY 2024-25 and AGM notice for August 19, 2025 filed by Excellent Wires and Packaging.
-
Appointment
26 July 2025 - Board approved director's report, re-appointed auditor for 5 years, and scheduled 4th AGM on August 19, 2025.
-
Outcome of Board Meeting
26 July 2025 - Board approved director's report, re-appointed auditors for 5 years, scheduled 4th AGM on Aug 19, 2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
18 July 2025 - Certificate confirming all shares in demat form; no rematerialisation requests for Q1 FY2025-26.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
18 July 2025 - Company exempt from Corporate Governance Report under SEBI SME listing regulations.
Peroduct Portfolio[1] Company produces various types of wires, including Spring Steel Wire, High Carbon Wire, Galvanized (GI) Wire, Round and Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires, and all types and sizes of Wire Ropes made from high carbon.