Geekay Wires Ltd
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.
- Market Cap ₹ 202 Cr.
- Current Price ₹ 193
- High / Low ₹ 193 / 54.7
- Stock P/E 7.62
- Book Value ₹ 70.4
- Dividend Yield 1.29 %
- ROCE 27.0 %
- ROE 42.2 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- 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's median sales growth is 51.5% of last 10 years
- Company's working capital requirements have reduced from 140 days to 87.4 days
Cons
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.18.0 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: Cables Industry: Cables - Power
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
30 | 26 | 40 | 61 | 80 | 64 | 124 | 218 | 190 | 170 | 258 | 399 | |
28 | 26 | 38 | 58 | 77 | 62 | 118 | 210 | 179 | 158 | 248 | 372 | |
Operating Profit | 1 | -0 | 2 | 3 | 3 | 2 | 6 | 8 | 11 | 12 | 10 | 27 |
OPM % | 5% | -1% | 6% | 4% | 4% | 4% | 5% | 4% | 6% | 7% | 4% | 7% |
0 | 1 | 0 | 0 | 1 | 3 | 3 | 7 | 7 | 6 | 14 | 18 | |
Interest | 1 | 0 | 2 | 2 | 2 | 4 | 5 | 8 | 7 | 6 | 8 | 6 |
Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 4 |
Profit before tax | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 5 | 9 | 9 | 13 | 35 |
Tax % | -500% | 10% | 32% | 21% | 33% | 32% | 53% | 42% | 27% | 29% | 30% | 30% |
Net Profit | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 | 6 | 9 | 24 |
EPS in Rs | 0.12 | 0.36 | 0.34 | 0.46 | 1.30 | 1.30 | 0.98 | 2.74 | 6.21 | 6.02 | 8.61 | 23.37 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 68% | 29% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 32% |
5 Years: | 26% |
3 Years: | 28% |
TTM: | 55% |
Compounded Profit Growth | |
---|---|
10 Years: | 65% |
5 Years: | 100% |
3 Years: | 59% |
TTM: | 191% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 40% |
3 Years: | 45% |
1 Year: | 138% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5 | 5 | 5 | 5 | 5 | 5 | 8 | 10 | 10 | 10 | 10 | 10 | |
Reserves | -0 | 0 | 0 | 0 | 1 | 6 | 15 | 23 | 30 | 35 | 42 | 63 |
9 | 16 | 19 | 20 | 26 | 53 | 71 | 70 | 55 | 87 | 109 | 92 | |
4 | 3 | 5 | 15 | 11 | 5 | 25 | 23 | 13 | 9 | 40 | 238 | |
Total Liabilities | 18 | 23 | 29 | 40 | 43 | 69 | 119 | 126 | 108 | 141 | 200 | 404 |
5 | 6 | 6 | 7 | 9 | 18 | 33 | 38 | 38 | 45 | 46 | 60 | |
CWIP | 0 | 0 | 0 | 0 | 1 | 9 | 0 | 0 | 2 | 0 | 0 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
12 | 17 | 23 | 33 | 33 | 43 | 86 | 89 | 69 | 97 | 155 | 340 | |
Total Assets | 18 | 23 | 29 | 40 | 43 | 69 | 119 | 126 | 108 | 141 | 200 | 404 |
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 | -8 | ||
-6 | -0 | -0 | -1 | -2 | -13 | -8 | -5 | -2 | -7 | 1 | ||
0 | 6 | 1 | -2 | 2 | 24 | 26 | -12 | -13 | 22 | 12 | ||
Net Cash Flow | -0 | -0 | 2 | 2 | 1 | -1 | 4 | 0 | -2 | -1 | 5 |
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 | 220 |
Cash Conversion Cycle | 94 | 130 | 127 | 66 | 66 | 150 | 157 | 87 | 103 | 184 | 184 | -94 |
Working Capital Days | 96 | 192 | 132 | 70 | 64 | 175 | 155 | 80 | 98 | 180 | 151 | 87 |
ROCE % | 7% | 4% | 10% | 10% | 12% | 9% | 9% | 13% | 16% | 13% | 14% | 27% |
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.