MarketFriction

Geekay Wires Ltd

NSE GEEKAYWIRE · Iron & Steel Products
₹29.21 -6.35%
NSE close2026-10-01
52 week range18.51 - 36.80
Market cap₹319 Cr.
P/E11.1
ASM short-term Price band 20% Delivery 50.3%

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
Sales109.09105.9598.7197.16123.83113.30124.0391.74124.21115.46109.4194.94
Expenses100.3396.3691.4588.63122.20108.38117.2885.54109.39105.51100.5289.35
Operating Profit8.769.597.268.531.634.926.756.2014.829.958.895.59
OPM %8.03%9.05%7.35%8.78%1.32%4.34%5.44%6.76%11.93%8.62%8.13%5.89%
Other Income7.498.229.918.5214.1012.086.487.330.365.124.645.96
Interest1.061.651.371.951.642.132.201.721.642.001.841.37
Depreciation1.251.401.511.611.751.952.072.202.392.312.432.47
Profit before tax13.9414.7614.2913.4912.3412.928.969.6111.1510.769.267.71
Tax %29.20%29.20%31.00%25.72%25.45%25.54%17.75%25.08%25.11%27.42%27.21%25.16%
Net Profit9.8710.469.8610.039.209.627.377.198.357.826.755.77
EPS in Rs0.941.000.940.960.880.920.710.690.800.750.650.55
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8064124218190170258399411458441444
Expenses7762118210179158248372375437401405
Operating Profit32681112102737214039
OPM %4.3%3.8%4.8%3.8%6%7%3.9%7%9%4.6%9%9%
Other Income133776141829411716
Interest245876875777
Depreciation1112334457910
Profit before tax112599133555484139
Tax %33%32%53%42%27%29%30%30%30%24%26%
Net Profit11136692439363029
EPS in Rs0.130.130.100.270.620.600.862.343.693.472.882.75
Dividend Payout %0%0%0%0%0%68%29%12%2%19%23%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth19%21%3%-2%
Compounded Profit Growth47%37%4%-14%
Stock Price CAGR%30%0%-11%
Return on Equity25%29%28%19%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital55581010101010101010
Reserves01615233035426399134161
Borrowings202653717055871099273111144
Other Liabilities1511525231394053503234
Total Liabilities404369119126108141200219232288350
Fixed Assets791833383845466073110118
CWIP01900200141242
Investments000000003333
Other Assets33334386896997155156153163186
Total Assets404369119126108141200219232288350
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity51-12-141713-16-853623121
Cash from Investing Activity-1-2-13-8-5-2-71-21-19-49-42
Cash from Financing Activity-222426-12-132212-34-411815
Net Cash Flow21-140-2-15-31-0-6
Free Cash Flow4-2-25-22108-24-133440-22-27
CFO/OP197%26%-493%-235%203%112%-129%-81%193%168%149%52%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days114771151148978698768566257
Inventory Days50436088363812811157413977
Days Payable99532545391212135101011
Cash Conversion Cycle6666150157871031841841208791122
Working Capital Days348-2271419783544343579
ROCE %10%12%9%9%13%16%13%14%27%35%25%17%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters59.27%59.27%59.27%59.27%58.44%58.44%58.42%58.49%58.69%58.71%59.77%60.47%
FIIs0.00%0.00%0.00%0.00%0.09%0.00%0.00%0.04%0.01%0.03%0.14%0.02%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.03%0.03%0.03%0.03%0.04%
Public40.73%40.73%40.73%40.73%41.47%41.56%41.57%41.44%41.27%41.24%40.06%39.47%
No. of Shareholders11,95916,62423,33327,51335,83535,31235,31034,32733,66033,59932,10431,643

Fundamentals

Market Cap₹ 319 Cr.
Current Price₹ 30.5
Stock P/E11.1
Book Value₹ 16.4
ROCE16.8 %
ROE19.0 %
Dividend Yield1.15 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-2%
Compounded Profit Growth (TTM)-14%
Standalone figures.
Valuation
Market capRs 305 Cr
Enterprise valueRs 448 Cr
P/E (TTM)10.64x
Price to book1.78x
Price to sales0.69x
EV / EBITDA8.09x
EV / EBIT9.79x
EV / sales1.01x
Price to cash flow14.74x
Earnings yield9.40%
Dividend yield2.22%
P/E, 3-year average7.92x
P/B, 3-year average2.03x
P/E, 5-year average5.04x
P/B, 5-year average1.29x
Profitability
Operating margin (excl. other income)9.05%
Operating margin (incl. other income)13.01%
EBITDA margin12.46%
Pre-tax margin8.76%
Net profit margin6.46%
Net margin, latest quarter6.08%
ROE19.03%
ROCE16.80%
ROA9.44%
ROE, 3-year average29.89%
ROCE, 3-year average25.45%
ROA, 3-year average13.47%
ROE, 5-year average29.42%
ROCE, 5-year average23.11%
ROA, 5-year average11.47%
ROIC (approx.)10.75%
Tax rate26.18%
Other income / net worth10.16%
Growth
Sales growth (latest year)-3.81%
Profit growth (latest year)-16.89%
Sales CAGR, 3 years3.36%
Sales CAGR, 5 years20.96%
Profit CAGR, 3 years7.22%
Profit CAGR, 5 years36.78%
Sales growth QoQ-13.23%
Profit growth QoQ-14.52%
Sales growth YoY (latest quarter)3.49%
Profit growth YoY (latest quarter)-19.75%
Per share
EPS (TTM)Rs 2.74
EPS (latest year)Rs 2.88
EPS (latest quarter)Rs 0.55
EPS, 3-year averageRs 4.57
EPS, 5-year averageRs 9.14
Book value per shareRs 16.43
Sales per shareRs 42.48
Cash flow per shareRs 1.98
Free cash flow per shareRs -2.58
Dividend per share (latest year)Rs 0.65
Dividend per share, 3-year averageRs 0.47
Dividend per share, 5-year averageRs 1.32
Dividends
Dividend payout22.55%
Dividend payout, 3-year average14.31%
Dividend payout, 5-year average16.69%
Efficiency
Asset turnover1.26x
Fixed asset turnover3.72x
Inventory turnover4.94x
Inventory days74 days
Debtor days57 days
Debtors turnover6.46x
Creditor days11 days
Cash conversion cycle122 days
Working capital days79 days
Leverage
Total debtRs 144 Cr
Cash and bankRs 2 Cr
Net debtRs 142 Cr
Debt to equity0.84x
Net debt / EBITDA2.57x
Interest coverage6.68x
Owners' fund to total sources49.10%
Debt to assets41.24%
Cash flow
Cash from Operating Activity (latest year)Rs 21 Cr
Cash from Investing Activity (latest year)Rs -42 Cr
Cash from Financing Activity (latest year)Rs 15 Cr
Net Cash Flow (latest year)Rs -6 Cr
Free cash flow (latest year)Rs -27 Cr
FCFE (approx.: FCF + change in debt)Rs 6 Cr
Cash from ops / profit, 5 years1.15x
Sales to cash flow21.28x
Statement figures
Net sales (TTM)Rs 444 Cr
Net sales (latest year)Rs 441 Cr
Sales (latest quarter)Rs 95 Cr
Operating profit excl. other income (latest year)Rs 40 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 16 Cr
EBITDA (TTM)Rs 55 Cr
PBDT (TTM)Rs 48 Cr
Profit before tax (TTM)Rs 39 Cr
Tax (latest year)Rs 11 Cr
Net profit (TTM)Rs 29 Cr
Net profit (latest year)Rs 30 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 10 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 351 Cr
Total expenditure (latest year)Rs 401 Cr
Total income (latest year)Rs 458 Cr
Share capitalRs 10 Cr
ReservesRs 161 Cr
Shareholders' fundsRs 172 Cr
Total assetsRs 350 Cr
Net blockRs 118 Cr
Capital work in progressRs 42 Cr
InvestmentsRs 3 Cr
ReceivablesRs 68 Cr
InventoryRs 71 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)10.45
Ownership
Promoter holding60.47% (+1.98 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 10.6 is at the 28th percentile of its own 8.8-year range (median 12.9, low 6.5, high 61.1).
P/B 1.78 is at the 35th percentile (median 2.07).
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.
PeriodGEEKAYWIRENifty 50Difference
1 week-12.6%-2.8% -9.8 pts
1 month+0.4%-6.8% +7.2 pts
3 months+15.3%-7.6% +22.9 pts
6 months+53.6%+0.4% +53.2 pts
1 year-16.3%-9.9% -6.3 pts
2 years-46.4%-13.6% -32.9 pts
3 years-3.3%+14.2% -17.5 pts
5 years+250.7%+27.9% +222.8 pts

Red flags

F-score 4 of 8
lookInventory outrunning sales Inventory grew 75% vs sales -4% in 2026
lookProfit leans on other income Other income was 43% of pre-tax profit in 2026
lookAuditor change Auditor change 2026-08-13: Geekay Wires Limited has informed the Exchange regarding Change in Auditors of the company.
lookOn NSE surveillance On NSE surveillance: ASM short-term
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 ₹95 Cr +3.5% vs Jun 2025. Net profit ₹6 Cr -19.7%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-02Dividend - Re 0.35 Per Share
2025-10-30Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share0.5000
2025-09-19Dividend - Rs 0.65 Per Share
2024-09-05Dividend - Re 0.60 Per Share
2024-09-05Annual General Meeting
2023-10-23Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2023-09-18Dividend - Rs 2.70 Per Share
2023-09-18Annual General Meeting
2022-09-22Dividend - Rs 2.50 Per Share
2022-09-22Annual General Meeting
2022-02-24Extra Ordinary General Meeting
2021-08-26 Dividend - Rs 2.10 Per Share
2021-02-12 Extra Ordinary General Meeting
2020-09-18 Annual General Meeting
2020-09-03 Interim Dividend - Rs 2 Per Share
DateTypeWhat it says
2026-09-11General UpdatesGeneral Updates
2026-09-10Shareholder meetingVoting results.
2026-09-09Shareholder meetingProceedings of undefined held on September 09, 2026
2026-08-31Disclosure of material issueGeekay Wires Limited has informed regarding Disclosure of material issue
2026-08-29Disclosure of material issueGeekay Wires Limited has informed regarding Disclosure of material issue
2026-08-25Disclosure of material issueGeekay Wires Limited has informed regarding Disclosure of material issue
2026-08-20Disclosure of material issueGeekay Wires Limited has informed regarding Disclosure of material issue
2026-08-20Disclosure of material issueGeekay Wires Limited has informed regarding Disclosure of material issue
2026-08-18Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-08-17Shareholder meetingShareholders meeting
2026-08-17Shareholder meetingNotice of Annual General Meeting to be held on September 09, 2026
2026-08-13Record DateRecord date for the purpose of Dividend is 02-Sep-2026.
2026-08-13Change in AuditorsChange in Auditors of the company.
2026-08-13Change in ManagementChange in Management
2026-08-13Record DateRecord date for the purpose of Dividend is 02-Sep-2026.
2026-08-13DividendBoard of Directors at its meeting held on August 13, 2026, declared Select Dividend of Rs. 0.35 per equity share.
2026-08-04Board meeting outcomeGeekay Wires Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-06Shareholder meetingVoting results.
2026-07-06Change in AuditorsChange in Auditors of the company.
2026-07-06Shareholder meetingVoting results.
2026-06-17Disclosure under SEBI TakeovGeekay Wires Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) & 31(5) of the Securities and Exchange Board of India (...
2026-06-06General UpdatesGeneral Updates
2026-06-03General UpdatesGeneral Updates
2026-06-03Shareholder meetingVoting results.
2026-06-01Shareholder meetingNotice of Postal Ballot
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.
Short Term Additional Surveillance Measure (Short Term ASM): stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03