Plaza Wires Ltd

Plaza Wires Ltd

₹ 93.9 0.59%
29 Apr 1:17 p.m.
About

Incorporated in 2006, Plaza Wires Limited is engaged in the business of manufacturing and selling wires, and selling and marketing LT aluminum cables and fast-moving electrical goods under its flagship brand "PLAZA CABLES" and home brands such as "Action Wires" and "PCG".[1]

Key Points

Business Profile[1] PWL is one of the leading manufacturers in wires and cables industry in North India and provides an extensive range of wires and cables.

  • Market Cap 411 Cr.
  • Current Price 93.9
  • High / Low 174 / 75.0
  • Stock P/E 54.7
  • Book Value 12.7
  • Dividend Yield 0.00 %
  • ROCE 16.3 %
  • ROE 15.2 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 7.36 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.8% over last 3 years.

* 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

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Quarterly Results

Figures in Rs. Crores

Jun 2023 Sep 2023 Dec 2023
48.21 47.99 50.10
45.41 44.05 48.63
Operating Profit 2.80 3.94 1.47
OPM % 5.81% 8.21% 2.93%
0.09 0.03 0.33
Interest 1.20 1.20 0.94
Depreciation 0.33 0.37 0.38
Profit before tax 1.36 2.40 0.48
Tax % 26.47% 35.42% -4.17%
1.00 1.55 0.50
EPS in Rs 0.33 0.51 0.11
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
158 159 145 177 182
145 148 134 164 167
Operating Profit 13 11 11 13 16
OPM % 8% 7% 7% 7% 9%
0 0 0 0 0
Interest 4 4 4 3 4
Depreciation 1 1 1 1 1
Profit before tax 8 5 6 9 10
Tax % 16% 27% 28% 31% 27%
7 4 4 6 8
EPS in Rs 183.87 10.47 11.44 1.95 2.46
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 5%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 23%
TTM: 26%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 14%
Last Year: 15%

Balance Sheet

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4 4 4 31 31 31
Reserves 27 31 36 15 23 25
33 37 44 40 40 47
26 17 16 18 19 17
Total Liabilities 89 89 99 104 112 119
20 20 20 23 23 26
CWIP 0 0 0 0 3 0
Investments 0 0 0 0 0 0
70 68 79 81 86 93
Total Assets 89 89 99 104 112 119

Cash Flows

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
8 2 -2 11 9
-2 -1 -1 -4 -4
-6 -0 3 -7 -5
Net Cash Flow 0 0 0 0 0

Ratios

Figures in Rs. Crores

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 98 69 117 92 104
Inventory Days 65 88 93 82 78
Days Payable 57 28 33 29 27
Cash Conversion Cycle 106 129 176 144 155
Working Capital Days 100 117 158 130 135
ROCE % 14% 13% 14% 16%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024
69.83% 69.83%
2.20% 0.00%
2.12% 0.00%
25.84% 30.17%
No. of Shareholders 48,13757,605

* 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.

Documents