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 ₹ 21.0 Cr.
- Current Price ₹ 46.9
- High / Low ₹ 76.0 / 42.0
- Stock P/E 18.7
- Book Value ₹ 42.8
- 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 1.10 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 | |
|---|---|---|---|---|
| 7.29 | 14.48 | 15.41 | 22.19 | |
| 7.12 | 14.06 | 13.96 | 20.42 | |
| Operating Profit | 0.17 | 0.42 | 1.45 | 1.77 |
| OPM % | 2.33% | 2.90% | 9.41% | 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 | 1.12 | 1.46 |
| Tax % | 28.57% | 28.57% | 26.79% | 23.29% |
| 0.05 | 0.10 | 0.82 | 1.12 | |
| EPS in Rs | 25.00 | 50.00 | 23.43 | 2.51 |
| 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: | 182% |
| TTM: | 37% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -34% |
| 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 | 0.00 | -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
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
20 October 2025 - Company claiming SEBI LODR Regulation 15(2) exemption; no Corporate Governance Report for quarter ended 30 Sep 2025.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
18 October 2025 - Reg 74(5) certificate: all shares dematerialised; no rematerialisation requests for quarter ended 30 Sep 2025.
-
Outcome of Board Meeting
13 October 2025 - Board on Oct 13, 2025 approved in-principle incorporation of wholly-owned subsidiary at Palghar.
-
Trading Window
26 September 2025 - Trading window closed Oct 1, 2025 until 48 hours after H1 results for Sep 30, 2025.
-
Shareholders meeting
19 August 2025 - AGM 19 Aug 2025: all five resolutions passed unanimously; 3,377,900 votes (75.5682%) polled.
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.