Excellent Wires

Why is Excellent Wires and Packaging Ltd falling/rising?

As of 01-Sep, Excellent Wires and Packaging Ltd's stock price is stable at 204.00, but it has underperformed its sector by 0.3% today and decreased by 0.97% over the past week. Despite a remarkable year-to-date growth of 383.99%, recent trends indicate declining investor participation and challenges that may affect future performance.

As of 01-Sep, Excellent Wires and Packaging Ltd's stock price is currently stable at 204.00, showing no change (0.00%). However, the stock has underperformed its sector by 0.3% today, indicating some weakness in its performance relative to peers. Over the past week, the stock has decreased by 0.97%, while the benchmark Sensex has fallen by 1.15%, suggesting that the stock is relatively resilient in comparison to the broader market. <BR><BR>In terms of longer-term performance, the stock has shown remarkable growth year-to-date, with a staggering increase of 383.99%, while the Sensex has declined by 7.94% during the same period. Despite this impressive year-to-date performance, the stock has seen a decline of 2.51% over the past month, which is worse than the Sensex's decline of 1.34%. <BR><BR>Additionally, there are signs of falling investor participation, as evidenced by a significant drop in delivery volume, which fell by 76.19% against the 5-day average. This decline in trading activity may indicate a lack of investor confidence or interest in the stock at its current price level. <BR><BR>Overall, while the stock has shown strong performance year-to-date, recent trends in underperformance against the sector, declining delivery volumes, and a slight decrease in price over the past month suggest that the stock may be facing challenges that could impact its future performance.

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 types of wires in the Iron & Steel Products industry, with a market cap of INR 91 Cr. The company has a P/E ratio of 60.00 and a debt-equity ratio of 0.08, but lacks recent revenue and profit data.

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 as a 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 91 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 60.00 <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.08 <BR>Return on Equity: 7.32% <BR>Price-to-Book: 4.55 <BR><BR>Contact Details: <BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the Excellent Wires?

Peers of Excellent Wires include Kritika Wires, Pattech Fitwell, Sarthak Metals, Hisar Met.Inds., Zenith Steel, Alliance Integ., Garg Furnace, Kanishk Steel, and Sharda Ispat. Management risks vary from below average to good, with growth ratings ranging from excellent to below average, and capital structures showing a similar range.

Peers: The peers of Excellent Wires are Kritika Wires, Pattech Fitwell, Sarthak Metals, Hisar Met.Inds., Zenith Steel, Alliance Integ., Garg Furnace, Kanishk Steel, and Sharda Ispat.<BR><BR>Quality Snapshot: Below Average management risk is observed at Kritika Wires, Pattech Fitwell, Alliance Integ., Kanishk Steel, and the rest. Average management risk is found at Sarthak Metals and Hisar Met.Inds., while Good management risk is noted at Garg Furnace. Growth ratings show Excellent growth at Pattech Fitwell, Good growth at Excellent Wires and Garg Furnace, Average growth at Sarthak Metals and Hisar Met.Inds., and Below Average growth at Kritika Wires, Alliance Integ., Kanishk Steel, and the rest. Capital Structure ratings reveal Excellent capital structure at Sarthak Metals, Good capital structure at Excellent Wires and Garg Furnace, and Below Average capital structure at Kritika Wires, Pattech Fitwell, Alliance Integ., Kanishk Steel, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hisar Met.Inds. at -16.20%, while Kritika Wires has the lowest at -41.84%. Excellent Wires' 1-year return is not available for comparison. Additionally, peers with negative six-month returns include Sarthak Metals, Hisar Met.Inds., Zenith Steel, and Alliance Integ.

How big is Excellent Wires?

As of 13th August, Excellent Wires and Packaging Ltd has a market capitalization of 96.00 Cr, categorized as a Micro Cap. There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.

As of 13th August, <BR><BR>Market Cap: Excellent Wires and Packaging Ltd has a market capitalization of 96.00 Cr, categorized as a Micro Cap.<BR><BR>Recent Quarterly Performance: There is no valid financial data available for Net Sales and Net Profit for the latest four quarters.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2025, with Shareholder's Funds amounting to 19.12 Cr and Total Assets totaling 20.05 Cr.

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