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 ₹ 517 Cr.
- Current Price ₹ 98.8
- High / Low ₹ 148 / 73.7
- Stock P/E 13.1
- Book Value ₹ 20.9
- Dividend Yield 0.61 %
- ROCE 34.5 %
- ROE 42.1 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 68.1% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.6%
- Debtor days have improved from 70.5 to 56.2 days.
- Company's median sales growth is 32.3% of last 10 years
- Company's working capital requirements have reduced from 108 days to 84.8 days
Cons
- Promoter holding has decreased over last quarter: -0.83%
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.40.8 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
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
26 | 40 | 61 | 80 | 64 | 124 | 218 | 190 | 170 | 258 | 399 | 412 | 426 | |
26 | 38 | 58 | 77 | 62 | 118 | 210 | 179 | 158 | 248 | 372 | 375 | 399 | |
Operating Profit | -0 | 2 | 3 | 3 | 2 | 6 | 8 | 11 | 12 | 10 | 27 | 36 | 27 |
OPM % | -1% | 6% | 4% | 4% | 4% | 5% | 4% | 6% | 7% | 4% | 7% | 9% | 6% |
1 | 0 | 0 | 1 | 3 | 3 | 7 | 7 | 6 | 14 | 18 | 29 | 41 | |
Interest | 0 | 2 | 2 | 2 | 4 | 5 | 8 | 7 | 6 | 8 | 7 | 5 | 7 |
Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 2 | 3 | 3 | 4 | 4 | 5 | 6 |
Profit before tax | 0 | 0 | 0 | 1 | 1 | 2 | 5 | 9 | 9 | 13 | 35 | 55 | 55 |
Tax % | 10% | 32% | 21% | 33% | 32% | 53% | 42% | 27% | 29% | 30% | 30% | 30% | |
0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 | 6 | 9 | 24 | 39 | 40 | |
EPS in Rs | 0.07 | 0.07 | 0.09 | 0.26 | 0.26 | 0.20 | 0.55 | 1.24 | 1.20 | 1.72 | 4.67 | 7.37 | 7.57 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 68% | 29% | 12% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 26% |
5 Years: | 14% |
3 Years: | 34% |
TTM: | 3% |
Compounded Profit Growth | |
---|---|
10 Years: | 72% |
5 Years: | 68% |
3 Years: | 83% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 71% |
3 Years: | 71% |
1 Year: | 21% |
Return on Equity | |
---|---|
10 Years: | 27% |
5 Years: | 31% |
3 Years: | 37% |
Last Year: | 42% |
Balance Sheet
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 8 | 10 | 10 | 10 | 10 | 10 | 10 |
Reserves | 0 | 0 | 0 | 1 | 6 | 15 | 23 | 30 | 35 | 42 | 63 | 99 |
16 | 19 | 20 | 26 | 53 | 71 | 70 | 55 | 87 | 109 | 92 | 73 | |
3 | 5 | 15 | 11 | 5 | 25 | 23 | 13 | 9 | 40 | 53 | 50 | |
Total Liabilities | 23 | 29 | 40 | 43 | 69 | 119 | 126 | 108 | 141 | 200 | 219 | 232 |
6 | 6 | 7 | 9 | 18 | 33 | 38 | 38 | 45 | 46 | 60 | 73 | |
CWIP | 0 | 0 | 0 | 1 | 9 | 0 | 0 | 2 | 0 | 0 | 1 | 4 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 3 |
17 | 23 | 33 | 33 | 43 | 86 | 89 | 69 | 97 | 155 | 156 | 153 | |
Total Assets | 23 | 29 | 40 | 43 | 69 | 119 | 126 | 108 | 141 | 200 | 219 | 232 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-6 | 1 | 5 | 1 | -12 | -14 | 17 | 13 | -16 | -1 | 53 | 62 | |
-0 | -0 | -1 | -2 | -13 | -8 | -5 | -2 | -7 | -10 | -21 | -19 | |
6 | 1 | -2 | 2 | 24 | 26 | -12 | -13 | 22 | 16 | -34 | -41 | |
Net Cash Flow | -0 | 2 | 2 | 1 | -1 | 4 | 0 | -2 | -1 | 5 | -3 | 1 |
Ratios
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 92 | 89 | 114 | 77 | 115 | 114 | 89 | 78 | 69 | 87 | 68 | 56 |
Inventory Days | 71 | 88 | 50 | 43 | 60 | 88 | 36 | 38 | 128 | 111 | 57 | 41 |
Days Payable | 32 | 50 | 99 | 53 | 25 | 45 | 39 | 12 | 12 | 13 | 5 | 10 |
Cash Conversion Cycle | 130 | 127 | 66 | 66 | 150 | 157 | 87 | 103 | 184 | 184 | 120 | 87 |
Working Capital Days | 192 | 132 | 70 | 64 | 175 | 155 | 80 | 98 | 180 | 152 | 87 | 85 |
ROCE % | 4% | 10% | 10% | 12% | 9% | 9% | 13% | 16% | 13% | 14% | 27% | 35% |
Documents
Announcements
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Financial Result Updates
31 October 2024 - Geekay Wires Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Outcome of Board Meeting
31 October 2024 - Geekay Wires Limited has informed regarding Board meeting held on October 31, 2024.
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Board Meeting Intimation
23 October 2024 - GEEKAY WIRES LIMITED has informed about Board Meeting to be held on 31-Oct-2024 to inter-alia consider and approve the Unaudited Financial results of the Company …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 October 2024 - Geekay Wires Limited has informed about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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Reply to Clarification- Financial results
30 September 2024 - Exchange had sought clarification from Geekay Wires Limited for the quarter ended 30-Jun-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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.