Geekay Wires Ltd
₹ 72.2
-0.67%
21 May
12:04 p.m.
About
Incorporated in 1989, Geekay Wires Ltd manufactures Galvanized Steel Wires and Nails[1]
Key Points
- Market Cap ₹ 377 Cr.
- Current Price ₹ 72.2
- High / Low ₹ 148 / 64.0
- Stock P/E 10.4
- Book Value ₹ 27.7
- Dividend Yield 0.85 %
- ROCE 25.4 %
- ROE 28.5 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 40.8% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.0%
Cons
- Earnings include an other income of Rs.41.2 Cr.
* 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: Steel Industry: Steel - Medium / Small
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
40 | 61 | 80 | 64 | 124 | 218 | 190 | 170 | 258 | 399 | 412 | 458 | |
38 | 58 | 77 | 62 | 118 | 210 | 179 | 158 | 248 | 372 | 375 | 436 | |
Operating Profit | 2 | 3 | 3 | 2 | 6 | 8 | 11 | 12 | 10 | 27 | 36 | 22 |
OPM % | 6% | 4% | 4% | 4% | 5% | 4% | 6% | 7% | 4% | 7% | 9% | 5% |
0 | 0 | 1 | 3 | 3 | 7 | 7 | 6 | 14 | 18 | 29 | 41 | |
Interest | 2 | 2 | 2 | 4 | 5 | 8 | 7 | 6 | 8 | 7 | 5 | 8 |
Depreciation | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 4 | 5 | 7 |
Profit before tax | 0 | 0 | 1 | 1 | 2 | 5 | 9 | 9 | 13 | 35 | 55 | 48 |
Tax % | 32% | 21% | 33% | 32% | 53% | 42% | 27% | 29% | 30% | 30% | 30% | 24% |
0 | 0 | 1 | 1 | 1 | 3 | 6 | 6 | 9 | 24 | 39 | 36 | |
EPS in Rs | 0.07 | 0.09 | 0.26 | 0.26 | 0.20 | 0.55 | 1.24 | 1.20 | 1.72 | 4.67 | 7.37 | 6.93 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 68% | 29% | 12% | 2% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 22% |
5 Years: | 19% |
3 Years: | 21% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 66% |
5 Years: | 41% |
3 Years: | 58% |
TTM: | -6% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 74% |
1 Year: | -28% |
Return on Equity | |
---|---|
10 Years: | 27% |
5 Years: | 31% |
3 Years: | 36% |
Last Year: | 29% |
Balance Sheet
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 8 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 0 | 0 | 1 | 6 | 15 | 23 | 30 | 35 | 42 | 63 | 99 | 134 |
19 | 20 | 26 | 53 | 71 | 70 | 55 | 87 | 109 | 92 | 73 | 111 | |
5 | 15 | 11 | 5 | 25 | 23 | 13 | 9 | 40 | 53 | 50 | 32 | |
Total Liabilities | 29 | 40 | 43 | 69 | 119 | 126 | 108 | 141 | 200 | 219 | 232 | 288 |
6 | 7 | 9 | 18 | 33 | 38 | 38 | 45 | 46 | 60 | 73 | 110 | |
CWIP | 0 | 0 | 1 | 9 | 0 | 0 | 2 | 0 | 0 | 1 | 4 | 12 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 | 3 |
23 | 33 | 33 | 43 | 86 | 89 | 69 | 97 | 155 | 156 | 153 | 163 | |
Total Assets | 29 | 40 | 43 | 69 | 119 | 126 | 108 | 141 | 200 | 219 | 232 | 288 |
Cash Flows
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1 | 5 | 1 | -12 | -14 | 17 | 13 | -16 | -8 | 53 | 62 | 31 | |
-0 | -1 | -2 | -13 | -8 | -5 | -2 | -7 | 1 | -21 | -19 | -53 | |
1 | -2 | 2 | 24 | 26 | -12 | -13 | 22 | 12 | -34 | -41 | 18 | |
Net Cash Flow | 2 | 2 | 1 | -1 | 4 | 0 | -2 | -1 | 5 | -3 | 1 | -4 |
Ratios
Figures in Rs. Crores
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 89 | 114 | 77 | 115 | 114 | 89 | 78 | 69 | 87 | 68 | 56 | 62 |
Inventory Days | 88 | 50 | 43 | 60 | 88 | 36 | 38 | 128 | 111 | 57 | 41 | 39 |
Days Payable | 50 | 99 | 53 | 25 | 45 | 39 | 12 | 12 | 13 | 5 | 10 | 10 |
Cash Conversion Cycle | 127 | 66 | 66 | 150 | 157 | 87 | 103 | 184 | 184 | 120 | 87 | 91 |
Working Capital Days | 132 | 70 | 64 | 175 | 155 | 80 | 98 | 180 | 151 | 87 | 85 | 97 |
ROCE % | 10% | 10% | 12% | 9% | 9% | 13% | 16% | 13% | 14% | 27% | 35% | 25% |
Documents
Announcements
-
Copy of Newspaper Publication
20 May 2025 - Geekay Wires approved and disclosed FY2025 annual financial results on May 20, 2025.
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Outcome of Board Meeting
19 May 2025 - Geekay Wires approved audited FY25 financial results with unmodified auditor opinion on May 19, 2025.
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Board Meeting Intimation
5 May 2025 - GEEKAY WIRES LIMITED has informed about Board Meeting to be held on 19-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
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Disclosure under SEBI Takeover Regulations
15 April 2025 - Promoters disclose 30.53m shares, no encumbrance as of March 31, 2025
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 April 2025 - Certificate under SEBI Reg 74(5) confirming all shares in demat form, no remat requests for quarter ended March 31, 2025
Business Overview:[1]
GWL, part of the Kandoi Group, is an ISO 9001:2008 certified and BIS-licensed manufacturer of Galvanized Steel Wires. It is a preferred vendor for PGCIL, state transmission companies, electrical contractors, and corporates involved in power transmission, engineering, and construction projects. In FY24, the company expanded into Transportation Logistics Services through a Memorandum Amendment.