Geekay Wires Ltd

Geekay Wires Ltd

₹ 24.3 0.16%
21 May - close price
About

Incorporated in 1989, Geekay Wires Ltd manufactures Galvanized Steel Wires and Nails[1]

Key Points

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.

  • Market Cap 254 Cr.
  • Current Price 24.3
  • High / Low 40.6 / 18.5
  • Stock P/E 8.44
  • Book Value 16.4
  • Dividend Yield 1.34 %
  • ROCE 16.8 %
  • ROE 19.0 %
  • Face Value 1.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.8%
  • Promoter holding has increased by 1.06% over last quarter.

Cons

  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.17.4 Cr.
  • Working capital days have increased from 49.5 days to 79.4 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.

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
103.58 97.80 109.09 105.95 98.71 97.16 123.83 113.30 124.03 91.74 124.21 115.46 109.41
88.09 86.98 100.33 96.36 91.45 88.63 122.20 108.38 117.28 85.54 109.39 105.51 100.52
Operating Profit 15.49 10.82 8.76 9.59 7.26 8.53 1.63 4.92 6.75 6.20 14.82 9.95 8.89
OPM % 14.95% 11.06% 8.03% 9.05% 7.35% 8.78% 1.32% 4.34% 5.44% 6.76% 11.93% 8.62% 8.13%
5.28 3.50 7.49 8.22 9.91 8.52 14.10 12.08 6.48 7.33 0.36 5.12 4.64
Interest 1.93 1.27 1.06 1.65 1.37 1.95 1.64 2.13 2.20 1.72 1.64 2.00 1.84
Depreciation 1.12 1.24 1.25 1.40 1.51 1.61 1.75 1.95 2.07 2.20 2.39 2.31 2.43
Profit before tax 17.72 11.81 13.94 14.76 14.29 13.49 12.34 12.92 8.96 9.61 11.15 10.76 9.26
Tax % 29.74% 29.55% 29.20% 29.20% 31.00% 25.72% 25.45% 25.54% 17.75% 25.08% 25.11% 27.42% 27.21%
12.45 8.32 9.87 10.46 9.86 10.03 9.20 9.62 7.37 7.19 8.35 7.82 6.75
EPS in Rs 1.19 0.80 0.94 1.00 0.94 0.96 0.88 0.92 0.71 0.69 0.80 0.75 0.65
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
61 80 64 124 218 190 170 258 399 411 458 441
58 77 62 118 210 179 158 248 372 375 436 401
Operating Profit 3 3 2 6 8 11 12 10 27 37 22 40
OPM % 4% 4% 4% 5% 4% 6% 7% 4% 7% 9% 5% 9%
0 1 3 3 7 7 6 14 18 29 41 17
Interest 2 2 4 5 8 7 6 8 7 5 8 7
Depreciation 0 1 1 1 2 3 3 4 4 5 7 9
Profit before tax 0 1 1 2 5 9 9 13 35 55 48 41
Tax % 21% 33% 32% 53% 42% 27% 29% 30% 30% 30% 24% 26%
0 1 1 1 3 6 6 9 24 39 36 30
EPS in Rs 0.05 0.13 0.13 0.10 0.27 0.62 0.60 0.86 2.34 3.69 3.47 2.88
Dividend Payout % 0% 0% 0% 0% 0% 0% 68% 29% 12% 2% 9% 0%
Compounded Sales Growth
10 Years: 19%
5 Years: 21%
3 Years: 3%
TTM: -4%
Compounded Profit Growth
10 Years: 47%
5 Years: 37%
3 Years: 4%
TTM: -17%
Stock Price CAGR
10 Years: %
5 Years: 21%
3 Years: 13%
1 Year: -31%
Return on Equity
10 Years: 25%
5 Years: 29%
3 Years: 28%
Last Year: 19%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 5 5 8 10 10 10 10 10 10 10 10
Reserves 0 1 6 15 23 30 35 42 63 99 134 161
20 26 53 71 70 55 87 109 92 73 111 144
15 11 5 25 23 13 9 40 53 50 32 34
Total Liabilities 40 43 69 119 126 108 141 200 219 232 288 350
7 9 18 33 38 38 45 46 60 73 110 118
CWIP 0 1 9 0 0 2 0 0 1 4 12 42
Investments 0 0 0 0 0 0 0 0 3 3 3 3
33 33 43 86 89 69 97 155 156 153 163 186
Total Assets 40 43 69 119 126 108 141 200 219 232 288 350

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
5 1 -12 -14 17 13 -16 -8 53 62 31 21
-1 -2 -13 -8 -5 -2 -7 1 -21 -19 -49 -48
-2 2 24 26 -12 -13 22 12 -34 -41 18 15
Net Cash Flow 2 1 -1 4 0 -2 -1 5 -3 1 -0 -12
Free Cash Flow 4 -2 -25 -22 10 8 -24 -13 34 40 -22 -27
CFO/OP 197% 26% -493% -235% 203% 112% -129% -81% 193% 168% 143% 52%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 114 77 115 114 89 78 69 87 68 56 62 57
Inventory Days 50 43 60 88 36 38 128 111 57 41 39 77
Days Payable 99 53 25 45 39 12 12 13 5 10 10 11
Cash Conversion Cycle 66 66 150 157 87 103 184 184 120 87 91 122
Working Capital Days 34 8 -2 27 14 19 78 35 44 34 35 79
ROCE % 10% 12% 9% 9% 13% 16% 13% 14% 27% 35% 25% 17%

Insights

In beta
Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Installed Capacity - Wires
Metric Tonnes

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Total Installed Capacity
Metric Tonnes
Installed Capacity - Nails
Metric Tonnes
Total Production Volume
Metric Tonnes
Number of Employees
Count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
59.27% 59.27% 59.27% 59.27% 59.27% 58.44% 58.44% 58.42% 58.49% 58.69% 58.71% 59.77%
0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.00% 0.00% 0.04% 0.01% 0.03% 0.14%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.03% 0.03% 0.03% 0.03%
40.73% 40.73% 40.73% 40.73% 40.73% 41.47% 41.56% 41.57% 41.44% 41.27% 41.24% 40.06%
No. of Shareholders 11,20511,95916,62423,33327,51335,83535,31235,31034,32733,66033,59932,104

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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