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.

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.

When is the next results date for Plaza Wires Ltd?

The next results date for Plaza Wires Ltd is 13 February 2026.

The next results date for Plaza Wires Ltd is scheduled for 13 February 2026.

Are Plaza Wires Ltd latest results good or bad?

Plaza Wires Ltd's latest results show strong net profit growth of 246.15% quarter-on-quarter and a 33.91% year-on-year revenue increase, but concerns arise from an 11.04% sequential revenue decline and a low return on equity of 2.94%. Overall, the results are mixed, suggesting caution for investors.

Plaza Wires Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q3 FY26, which surged by 246.15% quarter-on-quarter to ₹1.80 crores. This is a positive indicator, especially when viewed in the context of a year-on-year growth of 757.14% from a low base. Additionally, the revenue showed a robust year-on-year growth of 33.91%, reaching ₹66.46 crores.<BR><BR>However, there are notable concerns. The revenue experienced a sequential decline of 11.04% compared to the previous quarter, which raises questions about demand consistency. Furthermore, the company's return on equity remains weak at just 2.94%, and its price-to-earnings ratio is elevated at 48.57x, suggesting that the stock may be overvalued relative to its performance.<BR><BR>Overall, while there are positive signs in terms of profit growth and revenue increase, the underlying issues of revenue volatility and weak capital efficiency indicate that the results are not entirely favorable. Investors may want to approach with caution, considering the mixed signals from the latest financial performance.

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 05-Mar, Plaza Wires Ltd's stock price is at Rs 37.52, up 3.88%, driven by strong financial results and increased investor interest, despite a 33.71% decline over the past year. The stock has shown significant short-term gains and heightened trading activity.

As of 05-Mar, Plaza Wires Ltd's stock price is rising, currently at Rs 37.52, reflecting an increase of Rs 1.4 or 3.88%. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 2.32% today and has experienced consecutive gains over the last two days, accumulating a total return of 4.31% during this period. Additionally, the stock reached an intraday high of Rs 39.98, marking a significant increase of 10.69%.<BR><BR>Investor participation has also seen a notable rise, with delivery volume increasing by 106.87% compared to the five-day average, indicating heightened interest in the stock. Despite high volatility today, with an intraday volatility of 9.5%, the trading activity suggests that investors are actively engaging with the stock.<BR><BR>Furthermore, the company has reported very positive financial results, including a 246.15% growth in net profit and a 42.71% increase in net sales over the last nine months. These strong financial indicators, combined with consistent positive results over the last four quarters, contribute to the stock's rising price. However, it is important to note that the stock has underperformed over the longer term, with a decline of 33.71% over the past year, which may temper some investor enthusiasm. Nonetheless, the current positive momentum is evident in the stock's recent performance.

Why is Plaza Wires Ltd falling/rising?

As of 06-Mar, Plaza Wires Ltd's stock price is at 36.20, down 1.52%, reflecting significant underperformance with a 37.32% loss over the past year. Despite some positive financial indicators, the stock's long-term fundamentals are weak, contributing to its current decline.

As of 06-Mar, Plaza Wires Ltd's stock price is falling, currently at 36.20, reflecting a decrease of 0.56 or 1.52%. This decline follows a trend where the stock has underperformed significantly over various periods, including a 5.85% drop over the past week and a 9.25% decline over the past month. Year-to-date, the stock has decreased by 13.52%, and it has experienced a substantial 37.32% loss over the past year, contrasting sharply with the Sensex, which has gained 6.16% during the same timeframe.<BR><BR>Today's performance indicates that Plaza Wires has underperformed its sector by 2%, and it has seen a trend reversal after two consecutive days of gains. The stock is trading below its moving averages across multiple timeframes, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend.<BR><BR>Despite some positive financial indicators, such as a 246.15% growth in net profit and consistent positive results over the last four quarters, the stock's long-term fundamentals appear weak. The company has reported a -20.36% compound annual growth rate (CAGR) in operating profits over the last five years and a low return on equity of 2.29%, indicating low profitability relative to shareholders' funds. This combination of poor long-term performance, significant recent losses, and underperformance against benchmarks contributes to the stock's current decline.