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 ₹ 45.2 Cr.
- Current Price ₹ 101
- High / Low ₹ 104 / 36.9
- Stock P/E 37.1
- 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.
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: | 106% |
| 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 |
| Free Cash Flow | 0.07 | 0.30 | -1.92 | -8.56 |
| CFO/OP | 135% | 90% | 19% | -306% |
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% |
Insights
In beta| Mar 2024 | Mar 2025 | |
|---|---|---|
| Capital Work in Progress (Expansion) INR Lakhs |
|
|
| Revenue from Brass Wires & Products INR Lakhs |
||
| Revenue from Gold Wires & Products INR Lakhs |
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| Revenue from Steel Wires & Products INR Lakhs |
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| Trade Receivable Turnover Ratio Times |
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| Number of Permanent Employees Number |
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Documents
Announcements
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Trading Window
27 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited results for year/qtr ended March 31, 2026.
-
Outcome of Board Meeting
21 March 2026 - Board approved rights issue up to Rs.45 crore, subject to regulatory approvals; Rights Issue Committee constituted.
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Resignation of Independent director
14 March 2026 - WIRES AND PACKAGING LIMITED has informed about Resignation of Independent director.
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Resignation
14 March 2026 - Independent director Tejas Devendra Shah resigned effective 14 March 2026; ceased Audit and Nomination & Remuneration memberships.
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Resignation
14 March 2026 - Tejas Devendra Shah resigned as Independent Director (DIN 09592879), effective 14 March 2026; ceases committee memberships.
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.