Skip to main content
Swing Capital

Plaza Wires Ltd

NSE: PLAZACABLE BSE: 544003

Incorporated in 2006, Plaza Wires Ltd manufactures and trades electrical wire and allied product[1]

₹44.6
52W: ₹27 — ₹69.8
PE 37.3 · Book ₹28.3 · +58% vs book
Market Cap₹195 Cr
Stock P/E37.3Price to Earnings
ROCE4.41%Return on Capital
ROE2.36%Return on Equity
Div. Yield0%Face Value ₹10

Strengths

  • +Company is expected to give good quarter

Weaknesses

  • −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

Shareholding Pattern

Promoters69.83%
FIIs0.03%
DIIs0%
Public30.15%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters69.83%69.83%69.83%69.83%69.83%69.83%69.83%69.83%
FIIs0.22%0.07%▼0.10.01%▼0.10.02%▲0.00.04%▲0.00%▼0.00.06%▲0.10.03%▼0.0
DIIs0.06%0.06%0.17%▲0.10.17%0%▼0.20%0%0%
Public29.9%30.04%▲0.129.98%▼0.129.99%▲0.030.13%▲0.130.16%▲0.030.11%▼0.130.15%▲0.0

Financial Statements

MetricSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales47.9950.152.5147.2547.8449.6373.4765.3674.7166.46
Expenses44.0548.6350.8245.3446.7848.0670.1262.6472.5162.72
Operating Profit3.941.471.691.911.061.573.352.722.23.74
OPM %8.21%2.93%3.22%4.04%2.22%3.16%4.56%4.16%2.94%5.63%
Net Profit1.550.50.630.690.160.211.831.080.521.8
EPS ₹0.510.110.140.160.040.050.420.250.120.41

AI Insights

Revenue Trend

TTM revenue at ₹280Cr, up 28.4% YoY. OPM at 4%.

Debt Position

Borrowings at ₹34Cr. Debt-to-equity ratio: 0.42x. Healthy balance sheet.

Capex Cycle

CWIP at ₹3Cr (6% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 0% (-2.12pp change). FIIs: 0.03% (-2.17pp change). Promoters hold 69.83%.

Margin & Efficiency

ROCE improving from 0% (Mar 2019) to 4% (Mar 2025). Working capital days: 127.

Valuation

PE 37.3x with 4.41% ROCE. Price is 58% above book value of ₹28.3. Dividend yield: 0%.

Recent Announcements