Geekay Wires Ltd

Geekay Wires Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Geekay Wires Ltd

₹ 113 5.55%
24 Apr 11:04 a.m.
geekaywires.com NSE : GEEKAYWIRE
About

Geekay Wires is engaged in manufacturing of niche quality Galvanized Steel Wires and Nails which find applications in Power Transmission, Cable & Conductor, General Engineering, Construction etc.

Key Points

Change in promoters
The Company was taken over by the Kandoi Family in 2012. The Status of the company was changed to public limited company and the name of the company was changed to Geekay Wires Limited on January 13 2017.

Website NSE
  • Market Cap ₹ 591 Cr.
  • Current Price ₹ 113
  • High / Low ₹ 126 / 31.3
  • Stock P/E 14.4
  • Book Value ₹ 19.0
  • Dividend Yield 0.48 %
  • ROCE 27.1 %
  • ROE 42.2 %
  • Face Value ₹ 2.00
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Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 100% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.2%
  • Company has been maintaining a healthy dividend payout of 36.2%
  • Company's median sales growth is 51.4% of last 10 years
  • Company's working capital requirements have reduced from 140 days to 87.4 days

Cons

  • Earnings include an other income of Rs.29.8 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

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
53 43 50 64 64 79 88 105 103 104 98 109 106
49 43 47 67 66 69 84 100 94 93 87 100 96
Operating Profit 3 0 3 -2 -2 10 3 4 9 10 11 9 10
OPM % 6% 0% 6% -3% -3% 13% 4% 4% 9% 10% 11% 8% 9%
2 4 2 7 7 -2 3 3 2 11 4 7 8
Interest 1 2 2 2 2 2 2 1 2 2 1 1 2
Depreciation 1 1 1 1 1 1 1 1 1 1 1 1 1
Profit before tax 3 1 2 3 3 5 4 5 9 18 12 14 15
Tax % 28% 35% 39% 28% 28% 28% 31% 29% 29% 30% 30% 29% 29%
2 1 1 2 2 4 3 3 6 12 8 10 10
EPS in Rs 0.42 0.12 0.28 0.35 0.36 0.73 0.49 0.62 1.18 2.38 1.59 1.89 2.00
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Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
30 26 40 61 80 64 124 218 190 170 258 399 416
28 26 38 58 77 62 118 210 179 158 248 372 377
Operating Profit 1 -0 2 3 3 2 6 8 11 12 10 27 39
OPM % 5% -1% 6% 4% 4% 4% 5% 4% 6% 7% 4% 7% 9%
0 1 0 0 1 3 3 7 7 6 14 18 30
Interest 1 0 2 2 2 4 5 8 7 6 8 7 6
Depreciation 0 0 0 0 1 1 1 2 3 3 4 4 5
Profit before tax 0 0 0 0 1 1 2 5 9 9 13 35 58
Tax % -500% 10% 32% 21% 33% 32% 53% 42% 27% 29% 30% 30%
0 0 0 0 1 1 1 3 6 6 9 24 41
EPS in Rs 0.02 0.07 0.07 0.09 0.26 0.26 0.20 0.55 1.24 1.20 1.72 4.67 7.86
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% 68% 29% 12%
Compounded Sales Growth
10 Years: 32%
5 Years: 26%
3 Years: 28%
TTM: 11%
Compounded Profit Growth
10 Years: 65%
5 Years: 100%
3 Years: 59%
TTM: 129%
Stock Price CAGR
10 Years: %
5 Years: 74%
3 Years: 90%
1 Year: 232%
Return on Equity
10 Years: 21%
5 Years: 23%
3 Years: 27%
Last Year: 42%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5 5 5 5 5 5 8 10 10 10 10 10 10
Reserves -0 0 0 0 1 6 15 23 30 35 42 63 79
9 16 19 20 26 53 71 70 55 87 109 92 84
4 3 5 15 11 5 25 23 13 9 40 53 59
Total Liabilities 18 23 29 40 43 69 119 126 108 141 200 219 231
5 6 6 7 9 18 33 38 38 45 46 60 59
CWIP 0 0 0 0 1 9 -0 0 2 -0 0 1 2
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 3 3
12 17 23 33 33 43 86 89 69 97 155 156 167
Total Assets 18 23 29 40 43 69 119 126 108 141 200 219 231

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
5 -6 1 5 1 -12 -14 17 13 -16 -1 53
-6 -0 -0 -1 -2 -13 -8 -5 -2 -7 -10 -21
0 6 1 -2 2 24 26 -12 -13 22 16 -34
Net Cash Flow -0 -0 2 2 1 -1 4 0 -2 -1 5 -3

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 99 92 89 114 77 115 114 89 78 69 87 68
Inventory Days 38 71 88 50 43 60 88 36 38 128 111 57
Days Payable 43 32 50 99 53 25 45 39 12 12 13 5
Cash Conversion Cycle 94 130 127 66 66 150 157 87 103 184 184 120
Working Capital Days 96 192 132 70 64 175 155 80 98 180 152 87
ROCE % 7% 4% 10% 10% 12% 9% 9% 13% 16% 13% 14% 27%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
58.19% 59.07% 59.07% 59.07% 59.29% 59.29% 59.34% 59.34% 59.27% 59.27% 59.27% 59.27%
41.80% 40.92% 40.93% 40.93% 40.71% 40.71% 40.66% 40.66% 40.73% 40.73% 40.73% 40.73%
No. of Shareholders 2,1583,4403,8734,7684,5395,4835,97211,56511,20511,95916,62423,333

Documents

Announcements

Annual reports

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