Plaza Wires Ltd
Incorporated in 2006, Plaza Wires Ltd manufactures and trades electrical wire
and allied product[1]
- Market Cap ₹ 177 Cr.
- Current Price ₹ 40.6
- High / Low ₹ 90.4 / 38.7
- Stock P/E 48.7
- Book Value ₹ 28.3
- Dividend Yield 0.00 %
- ROCE 4.41 %
- ROE 2.36 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 6.51% over past five years.
- Company has a low return on equity of 5.37% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Industrials Capital Goods Industrial Products Cables - Electricals
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 158 | 159 | 145 | 177 | 182 | 199 | 218 | 263 | |
| 145 | 148 | 134 | 164 | 167 | 189 | 210 | 253 | |
| Operating Profit | 13 | 11 | 11 | 13 | 16 | 10 | 8 | 10 |
| OPM % | 8% | 7% | 7% | 7% | 9% | 5% | 4% | 4% |
| 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
| Interest | 4 | 4 | 4 | 3 | 4 | 4 | 3 | 3 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 8 | 5 | 6 | 9 | 10 | 5 | 4 | 5 |
| Tax % | 16% | 27% | 28% | 31% | 29% | 30% | 26% | |
| 7 | 4 | 4 | 6 | 7 | 4 | 3 | 4 | |
| EPS in Rs | 183.87 | 10.47 | 11.44 | 1.95 | 2.39 | 0.84 | 0.66 | 0.84 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 7% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -7% |
| 3 Years: | -22% |
| TTM: | 84% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 5% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 31 | 31 | 44 | 44 | 44 |
| Reserves | 27 | 31 | 36 | 15 | 23 | 76 | 78 | 80 |
| 33 | 37 | 44 | 40 | 40 | 41 | 25 | 34 | |
| 26 | 17 | 16 | 18 | 19 | 12 | 16 | 17 | |
| Total Liabilities | 89 | 89 | 99 | 104 | 112 | 173 | 164 | 175 |
| 20 | 20 | 20 | 23 | 23 | 26 | 49 | 48 | |
| CWIP | 0 | 0 | 0 | 0 | 3 | 3 | 0 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 70 | 68 | 79 | 81 | 86 | 144 | 115 | 123 | |
| Total Assets | 89 | 89 | 99 | 104 | 112 | 173 | 164 | 175 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 8 | 2 | -2 | 11 | 9 | -27 | 11 | |
| -2 | -1 | -1 | -4 | -4 | -3 | -22 | |
| -6 | -0 | 3 | -7 | -5 | 60 | -19 | |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | 30 | -30 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 98 | 69 | 117 | 92 | 104 | 110 | 104 |
| Inventory Days | 65 | 88 | 93 | 82 | 78 | 79 | 78 |
| Days Payable | 57 | 28 | 33 | 29 | 27 | 13 | 21 |
| Cash Conversion Cycle | 106 | 129 | 176 | 144 | 155 | 176 | 161 |
| Working Capital Days | 40 | 45 | 72 | 58 | 67 | 112 | 127 |
| ROCE % | 14% | 13% | 14% | 16% | 7% | 4% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
15 Nov - 2015-Submission of Newspaper Publications of the Un-audited Financial Results for the Quarter and half year ended on 30th September, 2025.
-
Board Meeting Outcome for OUTCOME OF BOARD MEETING PURSUANT TO REGULATION 30 AND 33(3) AND OTHER APPLICABLE PROVISIONS OF SEBI (LODR), REGULATIONS, 2015 (''LISTING REGULATION'')
14 Nov - Board approved unaudited Q2 results (30 Sep 2025); auditor notes Rs.11.51 Cr GST demand, appeal filed.
-
Board Meeting Intimation for Prior Intimation Of Meeting Of The Board Under Regulation 29 Of The SEBI (LODR) Regulation, 2015.
6 Nov - Board meeting on Nov 14, 2025 to approve unaudited Q2/H1 results for quarter ended Sep 30, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Certificate under Reg 74(5) confirming demat details furnished for quarter ended Sep 30, 2025.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
3 Oct - Voting results and scrutinizer report for Plaza Wires' 19th AGM on 30 Sep 2025; resolutions approved.
Business Overview:[1]
PWL is an ISO 9001:2015 and 14001:2015 certified company in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fast moving electrical goods under its flagship brand Plaza Cables, and home brands such as Action Wires and PCG. Company's product mix comprises different type of wires and cables, and fastmoving electrical goods such as electric fans, water heaters, switches and switchgears, Poly Vinyl Chloride insulated electrical tape and Poly Vinyl Chloride conduit pipe & accessories.