Excellent Wires

Why is Excellent Wires and Packaging Ltd falling/rising?

As of 18-Jul, Excellent Wires and Packaging Ltd's stock price is at 205.60, down 0.68%. Despite a strong year-to-date increase of 387.78%, recent declines are linked to reduced investor participation and underperformance against its sector.

As of 18-Jul, Excellent Wires and Packaging Ltd's stock price is currently at 205.60, reflecting a decrease of 1.4 points or 0.68%. Despite this decline, the stock has shown strong performance over various periods, with a year-to-date increase of 387.78% compared to a decline of 6.87% in the benchmark Sensex. Over the past week, the stock has risen by 4.45%, significantly outperforming the Sensex's 0.53% increase.<BR><BR>However, today's performance indicates that the stock has underperformed its sector by 0.74%. Additionally, there is a notable decline in investor participation, with the delivery volume on July 16 falling by 30.56% compared to the 5-day average. This drop in trading activity may contribute to the current price decline.<BR><BR>The stock is also trading above its moving averages, which suggests a generally positive trend, yet the proximity to the 52-week high of Rs 209.5, being only 1.9% away, indicates that the stock may be facing resistance at higher levels. Overall, while Excellent Wires and Packaging Ltd has shown remarkable growth over the longer term, the recent decline in price can be attributed to reduced investor participation and underperformance relative to its sector on this particular day.

Which are the latest news on Excellent Wires?

What does Excellent Wires do?

Excellent Wires and Packaging Ltd is a manufacturer and exporter of various wires in the Iron & Steel Products industry, with a market cap of INR 61 Cr. The company has not reported recent revenue or profit data, and key financial metrics include a P/E ratio of 53.00 and a return on equity of 5.83%.

Overview: <BR>Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, operating in the Iron & Steel Products industry within the Micro Cap market segment.<BR><BR>History: <BR>The company was incorporated in April 2012 under the name Perfect Wire Industries, Partnership Firm. There are no reported status changes, and revenue and profit data are not available for the latest quarter.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: N/A <BR>Market-cap value: INR 61 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 53.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.29 <BR>Return on Equity: 5.83% <BR>Price-to-Book: 2.97<BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: Not available. <BR>Email: Not available. <BR>Website: Not available.

How big is Excellent Wires?

As of 10th June, Excellent Wires and Packaging Ltd has a market capitalization of 61.00 Cr, classifying it as a Micro Cap company, with Shareholder's Funds of 19.12 Cr and Total Assets of 20.05 Cr reported as of March 2025. There is no valid financial data available for the latest four quarters.

As of 10th June, <BR><BR>Market Cap: Excellent Wires and Packaging Ltd has a market capitalization of 61.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for the latest four quarters, including Net Sales and Net Profit.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds amounting to 19.12 Cr and Total Assets valued at 20.05 Cr.

Who are the peers of the Excellent Wires?

Peers of Excellent Wires include Pattech Fitwell, Sarthak Metals, and others, with varying management risks and growth rates. Excellent Wires boasts a 1-year return of 254.65%, significantly outperforming its peers.

Peers: The peers of Excellent Wires are Pattech Fitwell, Sarthak Metals, Zenith Steel, Hisar Met.Inds., Prakash Steelage, Mangalam Alloys, Shri Hare-Krish., Garg Furnace, Sharda Ispat.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sarthak Metals and Garg Furnace, while Good management risk is found at Prakash Steelage and the rest. Below Average management risk is noted at Pattech Fitwell, Shri Hare-Krish., and Excellent Wires, while Average management risk is present at Hisar Met.Inds. and Mangalam Alloys, and the rest. Growth is Excellent at Pattech Fitwell, Good at Excellent Wires, and Average at Hisar Met.Inds., Mangalam Alloys, and the rest, while Below Average growth is seen at Sarthak Metals, Prakash Steelage, Shri Hare-Krish., and the rest. Capital Structure is Excellent at Sarthak Metals and Shri Hare-Krish., Good at Garg Furnace and Excellent Wires, and Below Average at Pattech Fitwell, Hisar Met.Inds., Prakash Steelage, Mangalam Alloys, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pattech Fitwell at 53.95%, while Sarthak Metals has the lowest at -44.54%. Excellent Wires has a 1-year return of 254.65%, which is significantly higher than both extremes. Additionally, the six-month return is negative for Sarthak Metals, Zenith Steel, Hisar Met.Inds., Mangalam Alloys, Shri Hare-Krish., and the rest.

How has been the historical performance of Excellent Wires?

Excellent Wires has shown consistent growth in net sales and profitability over the past three years, with net sales increasing to 22.19 Cr in March 2025 from 14.48 Cr in March 2023. However, the company faced cash flow challenges, reporting a cash outflow of 5.00 Cr in March 2025.

Answer:<BR>The historical performance of Excellent Wires shows a consistent growth trajectory in net sales and profitability over the last three fiscal years.<BR><BR>Breakdown:<BR>Excellent Wires reported net sales of 22.19 Cr in March 2025, a significant increase from 15.41 Cr in March 2024 and 14.48 Cr in March 2023. The total operating income mirrored this growth, reaching 22.19 Cr in March 2025, up from 15.41 Cr in the previous year. The raw material cost also rose to 19.46 Cr in March 2025, compared to 12.53 Cr in March 2024, indicating increased production costs. Operating profit (PBDIT) improved to 2.00 Cr in March 2025 from 1.45 Cr in March 2024 and 0.41 Cr in March 2023, while profit before tax reached 1.46 Cr in March 2025, up from 1.12 Cr in March 2024. Profit after tax also increased to 1.14 Cr in March 2025, compared to 0.82 Cr in March 2024. The company's total assets grew to 20.05 Cr in March 2025, up from 7.05 Cr in March 2024, reflecting a strong balance sheet. However, cash flow from operating activities showed a negative trend, with a cash outflow of 5.00 Cr in March 2025. Overall, Excellent Wires demonstrated robust growth in sales and profitability, although it faced challenges in cash flow management.

Is Excellent Wires overvalued or undervalued?

As of August 28, 2025, Excellent Wires is considered undervalued with a PE ratio of 18.17 and a PEG ratio of 0.00, indicating strong growth potential compared to its peers, despite a year-to-date decline of 23.13% against the Sensex's gain of 3.62%.

As of 28 August 2025, Excellent Wires has moved from a fair to very attractive valuation grade, indicating a significant positive shift in its market standing. The company is currently undervalued, with a PE ratio of 18.17, an EV to EBITDA of 8.24, and a Price to Book Value of 1.08. These ratios suggest that Excellent Wires is trading at a lower multiple compared to its peers, which include JSW Steel with a PE of 49.49 and Tata Steel at 39.5, highlighting its relative attractiveness in the market.<BR><BR>In comparison to its industry peers, Excellent Wires stands out with a PEG ratio of 0.00, indicating potential for growth without the inflated valuations seen in companies like Lloyds Metals, which is very expensive with a PE of 44.63. The recent performance of Excellent Wires shows a decline of 23.13% year-to-date, contrasting sharply with the Sensex's gain of 3.62%, further reinforcing the notion that the stock may be undervalued in the current market environment.

What is the technical trend for Excellent Wires?

As of June 2, 2025, Excellent Wires shows a neutral technical stance with mixed indicators, transitioning from mildly bearish to sideways, as the weekly MACD is mildly bullish, Bollinger Bands suggest bearishness, and Dow Theory indicates no trend.

As of 2 June 2025, the technical trend for Excellent Wires has changed from mildly bearish to sideways. The weekly MACD indicates a mildly bullish stance, while the Bollinger Bands on the weekly chart suggest a bearish outlook. The Dow Theory shows no trend in both weekly and monthly time frames, and the RSI is currently providing no signal. Overall, the current technical stance is neutral, with mixed indicators reflecting a lack of clear direction.

Who are the top shareholders of the Excellent Wires?

The top shareholder of Excellent Wires is Rachit Paresh Masalia, holding 25.15%, with no pledged promoter holdings. Individual investors own 31.03%, and the highest public shareholder is Harsh Prashant Vora at 1.68%.

The top shareholders of Excellent Wires primarily consist of promoters, with Rachit Paresh Masalia holding the largest share at 25.15%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) involved. The highest public shareholder is Harsh Prashant Vora, who holds 1.68%. Additionally, individual investors collectively own 31.03% of the company.

When is the next results date for Excellent Wires?

No Upcoming Board Meetings

Has Excellent Wires declared dividend?

No Dividend History Available