Plaza Wires

Who are in the management team of Plaza Wires?

As of March 2023, the management team of Plaza Wires includes Sanjay Gupta (Chairman & Managing Director), Sonia Gupta, Aditya Gupta, Abhishek Gupta (all Whole-time Directors), and several Independent Directors: Monam Kapoor, Chetna, Swati Jain, and Ish Sadana, along with Bhavika Kapil as Company Secretary & Compliance Officer.

As of March 2023, the management team of Plaza Wires includes:<BR><BR>1. Sanjay Gupta - Chairman & Managing Director<BR>2. Sonia Gupta - Whole-time Director<BR>3. Aditya Gupta - Whole-time Director<BR>4. Abhishek Gupta - Whole-time Director<BR>5. Monam Kapoor - Independent Director<BR>6. Chetna - Independent Director<BR>7. Swati Jain - Independent Director<BR>8. Ish Sadana - Independent Director<BR>9. Bhavika Kapil - Company Secretary & Compliance Officer<BR><BR>These individuals play key roles in the governance and operational management of the company.

Has Plaza Wires declared dividend?

No Dividend History Available

Who are the peers of the Plaza Wires?

Plaza Wires' peers include Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Cords Cable, Ultracab India, DCG Cables, and Rex Pipes&Cables. Key insights show varying management risks and growth rates, with Dynamic Cables achieving the highest 1-year return at 54.02%, while Plaza Wires has a return of -24.70%.

Peers: The peers of Plaza Wires are Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Cords Cable, Ultracab India, DCG Cables, and Rex Pipes&Cables.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India, KEI Industries, and R R Kabel, while Good management risk is found at Finolex Cables. Average management risk is present at Dynamic Cables, Cords Cable, Ultracab India, DCG Cables, Rex Pipes&Cables, and Marco Cables. Growth is Excellent for Polycab India and DCG Cables, Good for KEI Industries, R R Kabel, and Rex Pipes&Cables, Average for Dynamic Cables and Ultracab India, and Below Average for Finolex Cables, Plaza Wires, Cords Cable. Capital Structure is Excellent for Polycab India, KEI Industries, R R Kabel, and Good for Dynamic Cables, while Average is seen at Plaza Wires and Below Average at Finolex Cables, Cords Cable, Ultracab India, DCG Cables, and Rex Pipes&Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 54.02%, while the lowest is Finolex Cables at -33.64%. Plaza Wires has a 1-year return of -24.70%, which is higher than Finolex Cables but lower than Dynamic Cables. Additionally, the peers with negative six-month returns include Polycab India, KEI Industries, Finolex Cables, Ultracab India, and Plaza Wires.

What is the technical trend for Plaza Wires?

As of June 5, 2025, Plaza Wires shows a neutral trend with mixed signals: mildly bullish weekly indicators contrast with mildly bearish daily moving averages, reflecting underlying strength but short-term weakness.

As of 5 June 2025, the technical trend for Plaza Wires has changed from mildly bullish to sideways. The weekly MACD remains mildly bullish, supported by a mildly bullish KST and OBV, indicating some underlying strength. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish stance on the weekly chart but are mildly bearish on the monthly chart, reflecting mixed signals. Overall, the current stance is neutral with a moderate strength, influenced by the conflicting indicators across different time frames.

What does Plaza Wires do?

Plaza Wires Ltd is a micro-cap company in the electrical cables industry, reporting net sales of ₹735 Cr and a net profit of ₹18 Cr for March 2025. It has a market cap of ₹265 Cr and key metrics include a P/E ratio of 93.00 and a debt-equity ratio of 0.21.

Overview:<BR>Plaza Wires Ltd operates in the electrical cables industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Plaza Wires Ltd was originally incorporated as Navratna Wires Private Limited in 2006. It underwent several name changes, becoming Plaza General Cable Wire Private Limited in 2007 and later Plaza Wires Private Limited in 2009. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 735 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 18 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 265 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 93.00<BR>- Industry P/E: 50<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.21<BR>- Return on Equity: 2.36%<BR>- Price to Book: 2.18<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

Who are the top shareholders of the Plaza Wires?

The top shareholder of Plaza Wires is Sanjay Gupta, who holds 36.28% of the shares. Individual investors own 27.43%, while two foreign institutional investors hold 0.02%, and there are no mutual funds invested in the company.

The top shareholders of Plaza Wires include the promoters, with Sanjay Gupta holding the highest stake at 36.28%. There are no pledged promoter holdings, and individual investors collectively hold 27.43% of the shares. Additionally, two foreign institutional investors (FIIs) hold a small portion of 0.02%. There are currently no mutual funds invested in the company.

How big is Plaza Wires?

As of 24th July, Plaza Wires Ltd has a market capitalization of 258.00 Cr, with net sales of 218.19 Cr and a net profit of 2.89 Cr over the latest four quarters. The company reported shareholder's funds of 119.52 Cr and total assets of 172.77 Cr for the annual period ending March 2024.

As of 24th July, Plaza Wires Ltd has a market capitalization of 258.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Plaza Wires reported Net Sales of 218.19 Cr and a Net Profit of 2.89 Cr.<BR><BR>For the latest annual period ending March 2024, the company had Shareholder's Funds amounting to 119.52 Cr and Total Assets of 172.77 Cr.

When is the next results date for Plaza Wires?

The next results date for Plaza Wires is 14 November 2025.

The next results date for Plaza Wires is scheduled for 14 November 2025.

Are Plaza Wires latest results good or bad?

Plaza Wires' latest results show strong year-on-year growth, with a 120.45% increase in Profit After Tax and a 39.16% rise in net sales. However, the most recent quarter saw a decline in net sales by 11.04% and a 40.98% drop in net profit, indicating short-term challenges despite overall annual success.

Plaza Wires' latest results present a mixed picture. On one hand, the company has shown impressive year-on-year growth, achieving a Profit After Tax (PAT) of Rs 2.91 crore for the six-month period, which is a remarkable increase of 120.45% compared to the previous year. Additionally, net sales reached Rs 138.83 crore, reflecting a solid year-on-year growth of 39.16%. This indicates that Plaza Wires is successfully expanding its profitability and sales.<BR><BR>However, when looking at the most recent quarter ending June 2025, there are signs of decline. The quarter experienced a significant drop in net sales by 11.04% compared to the previous quarter, and the standalone net profit fell by 40.98%. This decline in quarterly performance, alongside the recent 'Sell' call from MarketsMOJO, suggests that while the overall annual growth is strong, the company is facing challenges in the short term.<BR><BR>In summary, while Plaza Wires has achieved substantial growth over the past year, the latest quarterly results indicate some difficulties that may raise concerns among investors.

Is Plaza Wires overvalued or undervalued?

As of November 17, 2025, Plaza Wires is considered undervalued with an attractive valuation grade, featuring a PE Ratio of 52.71, an EV to EBITDA of 22.94, and a ROCE of 4.63%, despite a year-to-date return of -42.75% compared to the Sensex's 8.72%.

As of 17 November 2025, Plaza Wires has moved from a fair to an attractive valuation grade. The company appears to be undervalued given its current financial metrics. Key ratios include a PE Ratio of 52.71, an EV to EBITDA of 22.94, and a ROCE of 4.63%. <BR><BR>In comparison to its peers, Plaza Wires has a higher PE Ratio than Polycab India (46.98) and a lower EV to EBITDA than Havells India (42.79), indicating that while it is priced higher relative to earnings, it is more favorably valued in terms of operational efficiency compared to some competitors. Despite recent underperformance with a year-to-date return of -42.75% against a Sensex return of 8.72%, the current valuation suggests potential for recovery and growth in the future.

How has been the historical performance of Plaza Wires?

Plaza Wires has shown increasing net sales from 176.77 Cr in Mar'22 to 218.18 Cr in Mar'25, but rising expenditures led to a decline in operating profit and net income, with profit after tax dropping from 7.51 Cr in Mar'23 to 2.88 Cr in Mar'25. Additionally, the company faced a net cash outflow of 29.00 Cr in Mar'25, contrasting with a net inflow of 29.00 Cr in Mar'24.

Answer:<BR>The historical performance of Plaza Wires shows a trend of increasing net sales over the years, with figures rising from 176.77 Cr in Mar'22 to 218.18 Cr in Mar'25. However, the total operating income has also seen a similar increase, reflecting consistent revenue growth. Despite this, the total expenditure has escalated significantly, leading to a decline in operating profit (PBDIT), which decreased from 15.79 Cr in Mar'23 to 8.73 Cr in Mar'25. Profit before tax has also dropped from 10.33 Cr in Mar'23 to 3.91 Cr in Mar'25, resulting in a profit after tax of 2.88 Cr in Mar'25, down from 7.51 Cr in Mar'23. The earnings per share (EPS) have followed this downward trend, falling from 2.46 in Mar'23 to 0.66 in Mar'25. On the balance sheet, total assets increased from 104.17 Cr in Mar'22 to 163.66 Cr in Mar'25, while total liabilities peaked at 172.77 Cr in Mar'24 before decreasing to 163.66 Cr in Mar'25. The company has also experienced a significant cash outflow in Mar'25, with a net cash outflow of 29.00 Cr, contrasting with a net inflow of 29.00 Cr in Mar'24.<BR><BR>Breakdown:<BR>Plaza Wires has demonstrated a consistent increase in net sales, climbing from 176.77 Cr in Mar'22 to 218.18 Cr in Mar'25, while total operating income mirrored this growth. However, the rise in total expenditure has negatively impacted operating profit, which fell from 15.79 Cr in Mar'23 to 8.73 Cr in Mar'25. Consequently, profit before tax decreased from 10.33 Cr in Mar'23 to 3.91 Cr in Mar'25, leading to a profit after tax of 2.88 Cr in Mar'25, a significant drop from 7.51 Cr in Mar'23. The EPS also declined from 2.46 to 0.66 over the same period. On the balance sheet, total assets grew from 104.17 Cr in Mar'22 to 163.66 Cr in Mar'25, while total liabilities peaked at 172.77 Cr in Mar'24 before reducing to 163.66 Cr in Mar'25. The cash flow statement indicates a challenging year in Mar'25, with a net cash outflow of 29.00 Cr, contrasting sharply with the previous year's net inflow of 29.00 Cr.

Should I buy, sell or hold Plaza Wires Ltd?

Which are the latest news on Plaza Wires?

Why is Plaza Wires Ltd falling/rising?

As of 19-Jan, Plaza Wires Ltd's stock price is rising to Rs 38.99, indicating a potential trend reversal after previous declines. Despite this short-term increase, the stock has faced a significant -48.06% return over the past year, highlighting ongoing long-term challenges.

As of 19-Jan, Plaza Wires Ltd's stock price is rising, currently at Rs 38.99, reflecting an increase of Rs 0.17 or 0.44%. This upward movement follows two consecutive days of decline, indicating a potential trend reversal. The stock's performance today aligns with its sector, and there has been a notable increase in investor participation, with delivery volume rising by 19.51% against the 5-day average.<BR><BR>Despite the recent rise, the stock has experienced significant declines over the past year, with a return of -48.06%. However, the company has reported positive results in the last three consecutive quarters, with net sales growing by 44.67% and a higher profit after tax of Rs 3.43 crore. This positive financial performance may be contributing to the current rise in stock price, even as the stock trades below its moving averages and is close to its 52-week low.<BR><BR>Overall, while Plaza Wires Ltd is experiencing a short-term rise in stock price, it is important to note the long-term challenges it faces, including weak fundamental strength and a significant decline in returns over the past year.