MarketFriction

D P Wires Ltd

NSE DPWIRES · BSE 543962 · Iron & Steel Products
₹163.99 +0.06%
NSE close2026-10-01
52 week range125.02 - 251.90
Market cap₹242 Cr.
P/E12.9
IPO 2017 · +150% since Price band 20%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales273.14253.79208.67183.46145.09154.56137.82126.14130.0595.28129.26130.82
Expenses262.69244.61195.05173.30139.13149.37132.84122.31129.9291.75119.49126.73
Operating Profit10.459.1813.6210.165.965.194.983.830.133.539.774.09
OPM %3.83%3.62%6.53%5.54%4.11%3.36%3.61%3.04%0.10%3.70%7.56%3.13%
Other Income3.351.100.910.642.863.072.332.202.661.853.782.94
Interest0.630.700.280.300.150.470.520.350.260.210.230.25
Depreciation1.011.001.080.930.940.960.950.800.830.840.310.42
Profit before tax12.168.5813.179.577.736.835.844.881.704.3313.016.36
Tax %25.49%26.34%25.36%24.87%22.12%27.53%30.82%26.23%29.41%21.71%27.82%25.47%
Net Profit9.066.329.827.196.024.964.043.601.203.399.394.74
EPS in Rs5.854.086.344.643.883.202.612.320.772.196.063.06
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1591952073322844676131,2161,003621481485
Expenses1541861913062614345731,161953595463468
Operating Profit6916262333415550261718
OPM %3.7%4.8%8%8%8%7%7%4.6%5%4.2%3.6%3.6%
Other Income12122335591011
Interest231211223111
Depreciation111222234432
Profit before tax3715242232395549302425
Tax %24%29%34%28%25%26%25%26%26%26%26%
Net Profit2510171724294136221819
EPS in Rs7.5517.316.3411.2410.7715.5418.7426.4623.4314.3211.3412.08
Dividend Payout %0%0%0%0%0%0%5%4%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth12%1%-27%-14%
Compounded Profit Growth23%-6%-25%1%
Stock Price CAGR%-4%-36%-32%
Return on Equity16%14%11%7%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222141414141414161616
Reserves182025516885109138178211233251
Borrowings82430623381321282
Other Liabilities222223261724233158352220
Total Liabilities50688196122125154196251262299289
Fixed Assets68881623232831323222
CWIP000030000000
Investments000000000020
Other Assets45607388103102131168220230264267
Total Assets50688196122125154196251262299289
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1-22-12-538-12446245228
Cash from Investing Activity-1-30-3-9-1712-5-6-4-12027
Cash from Financing Activity16-21514-2143-15-625-26
Net Cash Flow21-0-0-00332513-4328
Free Cash Flow-1-50-13-1238-3-338195135
CFO/OP23%-21%41%-43%19%183%-10%34%104%76%226%197%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days646158465060495226363739
Inventory Days33476158434225351712199
Days Payable574936151317477952
Cash Conversion Cycle405984908184708035395047
Working Capital Days525458987080746938525072
ROCE %15%14%19%25%30%23%29%28%32%25%12%9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.75%74.78%74.78%74.78%74.78%74.78%74.78%74.78%74.78%74.78%74.78%74.78%
FIIs0.00%0.00%0.01%0.00%0.00%0.00%0.09%0.00%0.05%0.00%0.01%0.00%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.03%0.03%0.03%0.03%0.04%
Public25.25%25.20%25.21%25.22%25.22%25.21%25.11%25.18%25.14%25.18%25.19%25.17%
No. of Shareholders12,42816,81120,47121,73823,74723,25022,90422,86823,53622,63521,63922,031

Fundamentals

Market Cap₹ 242 Cr.
Current Price₹ 161
Stock P/E12.9
Book Value₹ 172
ROCE9.15 %
ROE6.83 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-14%
Compounded Profit Growth (TTM)1%
Standalone figures.
Valuation
Market capRs 247 Cr
Enterprise valueRs 218 Cr
P/E (TTM)13.20x
Price to book0.93x
Price to sales0.51x
EV / EBITDA7.59x
EV / EBIT8.28x
EV / sales0.45x
Price to cash flow8.79x
Earnings yield7.58%
P/E, 3-year average15.86x
P/B, 3-year average2.06x
P/E, 5-year average13.90x
P/B, 5-year average2.23x
Profitability
Operating margin (excl. other income)3.59%
Operating margin (incl. other income)5.77%
EBITDA margin5.92%
Pre-tax margin5.23%
Net profit margin3.86%
Net margin, latest quarter3.62%
ROE6.83%
ROCE9.15%
ROA5.99%
ROE, 3-year average11.19%
ROCE, 3-year average15.40%
ROA, 3-year average9.35%
ROE, 5-year average15.73%
ROCE, 5-year average21.18%
ROA, 5-year average12.60%
ROIC (approx.)8.17%
Tax rate26.44%
Other income / net worth3.94%
Growth
Sales growth (latest year)-22.58%
Profit growth (latest year)-20.81%
Sales CAGR, 3 years-26.61%
Sales CAGR, 5 years0.59%
Profit CAGR, 3 years-24.60%
Profit CAGR, 5 years-6.10%
Sales growth QoQ1.21%
Profit growth QoQ-49.52%
Sales growth YoY (latest quarter)3.71%
Profit growth YoY (latest quarter)31.67%
Per share
EPS (TTM)Rs 12.43
EPS (latest quarter)Rs 3.15
EPS, 3-year averageRs 18.88
EPS, 5-year averageRs 22.35
Book value per shareRs 176.60
Sales per shareRs 322.24
Cash flow per shareRs 18.65
Free cash flow per shareRs 23.23
Dividend per share, 5-year averageRs 1.10
Dividends
Dividend payout, 5-year average4.33%
Efficiency
Asset turnover1.67x
Fixed asset turnover21.94x
Inventory turnover38.68x
Inventory days9 days
Debtor days39 days
Debtors turnover9.26x
Creditor days2 days
Cash conversion cycle47 days
Working capital days72 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 31 Cr
Net debtRs -29 Cr
Debt to equity0.01x
Net debt / EBITDA-1.00x
Interest coverage27.74x
Owners' fund to total sources92.19%
Debt to assets0.86%
Cash flow
Cash from Operating Activity (latest year)Rs 28 Cr
Cash from Investing Activity (latest year)Rs 27 Cr
Cash from Financing Activity (latest year)Rs -26 Cr
Net Cash Flow (latest year)Rs 28 Cr
Free cash flow (latest year)Rs 35 Cr
FCFE (approx.: FCF + change in debt)Rs 10 Cr
Cash from ops / profit, 5 years1.05x
Sales to cash flow17.11x
Statement figures
Net sales (TTM)Rs 485 Cr
Net sales (latest year)Rs 481 Cr
Sales (latest quarter)Rs 131 Cr
Operating profit excl. other income (latest year)Rs 17 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 11 Cr
EBITDA (TTM)Rs 29 Cr
PBDT (TTM)Rs 28 Cr
Profit before tax (TTM)Rs 25 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 19 Cr
Net profit (latest year)Rs 18 Cr
Net profit (latest quarter)Rs 5 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 414 Cr
Total expenditure (latest year)Rs 463 Cr
Total income (latest year)Rs 491 Cr
Share capitalRs 16 Cr
ReservesRs 251 Cr
Shareholders' fundsRs 266 Cr
Total assetsRs 289 Cr
Net blockRs 22 Cr
ReceivablesRs 52 Cr
InventoryRs 11 Cr
Other liabilitiesRs 20 Cr
Shares outstanding (crore)1.51
Ownership
Promoter holding74.78% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 13.6 is at the 46th percentile of its own 9.1-year range (median 14.9, low 4.0, high 23.5).
P/B 0.96 is at the 9th percentile (median 1.78).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodDPWIRESNifty 50Difference
1 week-3.5%-2.8% -0.8 pts
1 month+3.8%-6.8% +10.6 pts
3 months-10.7%-7.6% -3.1 pts
6 months+29.4%+0.4% +29.0 pts
1 year-33.2%-9.9% -23.3 pts
2 years-61.2%-13.6% -47.6 pts
3 years-73.6%+14.2% -87.8 pts
5 years-18.7%+27.9% -46.6 pts

Red flags

F-score 5 of 8
lookProfit leans on other income Other income was 44% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹131 Cr +3.7% vs Jun 2025. Net profit ₹5 Cr +31.7%.
Against our estimate for Jun 2026: sales +33.4%, profit +50.8% in line. Our estimate for Sep 2026: sales Rs 128 Cr, profit Rs 5 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2023-11-08Bonus 1:70.8750
2023-09-22Annual General Meeting/Dividend - Rs 1.20 Per Share
2022-09-21Annual General Meeting/Dividend - Re 1 Per Share
2021-09-21 Annual General Meeting
2020-12-21 Annual General Meeting
DateTypeWhat it says
2026-10-01Shareholder meetingVoting results along with copy of minutes.
2026-10-01Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026
2026-09-05Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-09-05Board meeting outcomeOutcome of Board Meeting held on September 05, 2026.
2026-08-14Board meeting outcomeD P Wires Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-07Reply to Clarification- FinaThe Exchange had sought clarification from D P Wires Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obli...
2026-06-27Clarification - Financial ReThe Exchange has sought clarification from D P Wires Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listing Obli...
2026-06-01General UpdatesGeneral Updates
2026-05-30Board meeting outcomeD P Wires Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-05-18Disclosure under SEBI TakeovD P Wires Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial...
2026-04-15Price movementSignificant movement in price has been observed in D P Wires Limited. The Exchange, in order to ensure that investors have latest relevant information...
2026-04-13Price movementSignificant movement in price has been observed in D P Wires Limited. The Exchange, in order to ensure that investors have latest relevant information...
2026-04-01Shareholder meetingVoting results along with copy of minutes.
2026-03-31Shareholder meetingProceedings of undefined held on March 31, 2026
2026-03-24Reply to Clarification- FinaThe Exchange had sought clarification from D P Wires Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obli...
2026-03-11Clarification - Financial ReThe Exchange has sought clarification from D P Wires Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obli...
2026-03-05Shareholder meetingNotice of Extraordinary General Meeting to be held on March 31, 2026
2026-03-05Board meeting outcomeOutcome of Board Meeting held on March 05, 2026.
2026-02-14Board meeting outcomeD P Wires Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
2026-02-14Integrated Filing- FinancialUNAUDITED RESULTS QT ENDED 31 DECEMBER 2025 AND OTHER BUSINESS MATTER
2025-11-14Board meeting outcomeD P Wires Limited has submitted to the Exchange, the financial results for the period ended September 30, 2025.
2025-11-14Board meeting outcomeBoard meeting held on November 14, 2025.
2025-10-02Shareholder meetingWith copy of minutes scrutinizer report and evoting results of Annual General Meeting held on September 30, 2024
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2017-09-27CESTATD P WIRES (P) LTD ---VS.--- BHOPAL
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of D P Wires Ltd?

D P Wires Ltd (DPWIRES) has a market capitalisation of Rs 242 Cr. at the 2026-10-01 close.

What is the P/E ratio of D P Wires Ltd?

D P Wires Ltd trades at a P/E of 12.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were D P Wires Ltd's latest quarterly results?

In the Jun 2026 quarter, D P Wires Ltd sales was Rs 131 Cr (+3.7% vs Jun 2025) and net profit was Rs 5 Cr.

What is the 52-week high and low of D P Wires Ltd?

The 52-week high is Rs 251.90 and the 52-week low is Rs 125.02.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03