Geekay Wires

What does Geekay Wires do?

Geekay Wires Ltd is a micro-cap company in the Iron & Steel Products industry, incorporated in 1989 and rebranded in 2017. As of March 2025, it reported net sales of 124 Cr and a net profit of 7 Cr, with a market cap of Rs 378 Cr.

Overview:<BR>Geekay Wires Ltd is a company operating in the Iron & Steel Products industry within the micro-cap market segment.<BR><BR>History:<BR>Geekay Wires Limited was incorporated as a Private Limited Company on July 25, 1989. It was taken over by the Kandoi Family in 2012, subsequently changing its status to a Public Limited Company and rebranding to Geekay Wires Limited on January 13, 2017. The latest reported quarterly results indicate net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 124 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 7 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 378 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 10.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.83% <BR>Debt-Equity: 0.71 <BR>Return on Equity: 25.02% <BR>Price to Book: 2.60 <BR><BR>Contact Details:<BR>Registrar Address: Bigshare Services Pvt Ltd, E-2, Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

When is the next results date for Geekay Wires?

No Upcoming Board Meetings

Has Geekay Wires declared dividend?

Yes, Geekay Wires Ltd has declared a 30% dividend, amounting to 0.6 per share, with an ex-date of September 5, 2024. However, the company has experienced significant negative total returns over various periods, indicating financial challenges.

Geekay Wires Ltd has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 0.6<BR>- Ex-date: 05 Sep 24<BR><BR>Dividend Yield: 0.83%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -32.06%, with a dividend return of 0%, resulting in a total return of -32.06%.<BR><BR>Over the past year, the price return was -19.44%, the dividend return was 0.66%, leading to a total return of -18.78%.<BR><BR>In the 2-year period, the price return was -70.64%, with a dividend return of 1.33%, resulting in a total return of -69.31%.<BR><BR>For the 3-year period, the price return was -12.96%, the dividend return was 7.64%, culminating in a total return of -5.32%.<BR><BR>In the last 4 years, the price return was -20.07%, with a dividend return of 8.58%, leading to a total return of -11.49%.<BR><BR>Over the past 5 years, the price return was 14.95%, the dividend return was 14.01%, resulting in a total return of 28.96%.<BR><BR>Overall, while Geekay Wires has declared a dividend, the total returns over various periods show significant volatility and negative performance, particularly in the shorter terms, indicating challenges in the company's financial health.

What is the technical trend for Geekay Wires?

As of June 5, 2025, Geekay Wires shows a mildly bearish trend overall, with mixed signals from MACD and KST, while daily moving averages indicate short-term weakness.

As of 5 June 2025, the technical trend for Geekay Wires has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD remains bearish. The Bollinger Bands are showing a mildly bearish trend on both weekly and monthly time frames. Daily moving averages are bearish, suggesting short-term weakness. The KST is mildly bullish on the weekly but bearish on the monthly, and the OBV is mildly bullish weekly with no trend monthly. Overall, the current technical stance is mildly bearish, driven primarily by the bearish moving averages and mixed signals from MACD and KST.

Who are the peers of the Geekay Wires?

Geekay Wires' peers include Manaksia, Krishca Strapp., D P Wires, and others, with varying management risks and growth rates. Chaman Metallics leads in 1-year returns at 103.93%, while Geekay Wires has a return of -24.03%.

Peers: The peers of Geekay Wires are Manaksia, Krishca Strapp., D P Wires, Vibhor Steel, Chaman Metallics, Aerpace Indus, Supershakti Met., Panchmahal Steel, Rudra Global, and Ahm. Steelcraft.<BR><BR>Quality Snapshot: Excellent management risk is observed at Krishca Strapp. and Chaman Metallics, while Average management risk is found at Manaksia, D P Wires, and Panchmahal Steel, and the rest. Below Average management risk is present at Vibhor Steel, Aerpace Indus, Supershakti Met., Rudra Global, and Ahm. Steelcraft. Growth is Excellent at Krishca Strapp., while Average growth is noted at Vibhor Steel, Chaman Metallics, and the rest. Below Average growth is seen at Manaksia, Geekay Wires, D P Wires, and the rest. Capital Structure is Excellent at Manaksia and D P Wires, Average at Chaman Metallics and Panchmahal Steel, and Below Average at Geekay Wires, Vibhor Steel, Aerpace Indus, Supershakti Met., Rudra Global, and Ahm. Steelcraft.<BR><BR>Return Snapshot: Chaman Metallics has the highest 1-year return at 103.93%, while D P Wires has the lowest at -49.30%, with Geekay Wires' own 1-year return at -24.03% being better than D P Wires but worse than Chaman Metallics. Additionally, D P Wires, Vibhor Steel, and Rudra Global all have negative six-month returns.

Who are in the management team of Geekay Wires?

As of March 2022, the management team of Geekay Wires includes Ghanshyam Dass (Chairman & Managing Director), Ashish Kandoi, Anuj Kandoi (both Whole-time Directors), and independent directors Shwetha Kabra, Tara Devi Veitla, and Bhagwan Dass Bhankhor.

As of March 2022, the management team of Geekay Wires includes:<BR><BR>1. Ghanshyam Dass - Chairman & Managing Director<BR>2. Ashish Kandoi - Whole-time Director<BR>3. Anuj Kandoi - Whole-time Director<BR>4. Shwetha Kabra - Independent Director<BR>5. Tara Devi Veitla - Independent Director<BR>6. Bhagwan Dass Bhankhor - Independent Director<BR><BR>These individuals play key roles in the company's leadership and governance.

Who are the top shareholders of the Geekay Wires?

The top shareholder of Geekay Wires is Kandoi Industries India Private Limited, with a 19.98% stake. Promoters hold the majority of shares, while individual investors, led by Nisha Jain at 2.68%, collectively own 37.22%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Geekay Wires include Kandoi Industries India Private Limited, which holds the highest stake at 19.98%. The majority of the shares are held by promoters, and there are no pledged promoter holdings. In terms of public shareholders, Nisha Jain is the highest individual shareholder with a stake of 2.68%. Additionally, individual investors collectively hold 37.22% of the company's shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

How big is Geekay Wires?

As of 24th July, Geekay Wires Ltd has a market capitalization of 370.00 Cr, with recent net sales of 458.32 Cr and a net profit of 36.22 Cr. Shareholder's funds are 109.34 Cr, and total assets amount to 232.28 Cr.

As of 24th July, Geekay Wires Ltd has a market capitalization of 370.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest 4 quarters, Geekay Wires reported Net Sales of 458.32 Cr and a Net Profit of 36.22 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 109.34 Cr and Total Assets of 232.28 Cr.

How has been the historical performance of Geekay Wires?

Geekay Wires has shown steady growth in net sales and operating income, increasing from 170.21 Cr and 190.40 Cr in Mar'21 to 458.31 Cr in Mar'25. However, operating profit margin fluctuated, with profit after tax declining from 39.38 Cr in Mar'24 to 36.23 Cr in Mar'25, while total assets grew significantly from 108.45 Cr to 288.42 Cr in the same period.

Answer:<BR>The historical performance of Geekay Wires shows a steady growth in net sales and operating income over the years, with net sales increasing from 170.21 Cr in Mar'21 to 458.31 Cr in Mar'25. The total operating income followed a similar trend, rising from 190.40 Cr in Mar'20 to 458.31 Cr in Mar'25. However, the operating profit margin has fluctuated, peaking at 8.85% in Mar'24 before dropping to 4.76% in Mar'25. Profit before tax also showed an upward trajectory, increasing from 4.97 Cr in Mar'19 to 47.71 Cr in Mar'25, although it dipped slightly from 54.80 Cr in Mar'24. Profit after tax reached 36.23 Cr in Mar'25, down from 39.38 Cr in Mar'24, reflecting a PAT margin of 7.91%. The company's total assets grew significantly from 108.45 Cr in Mar'20 to 288.42 Cr in Mar'25, while total liabilities also increased from 108.45 Cr to 288.42 Cr in the same period. Cash flow from operating activities remained positive at 31.00 Cr in Mar'25, although cash flow from investing activities was negative at -49.00 Cr.<BR><BR>Breakdown:<BR>Geekay Wires has demonstrated a robust growth trajectory in its financial performance, particularly in net sales and operating income, which surged from 170.21 Cr and 190.40 Cr in Mar'21 to 458.31 Cr in Mar'25. The operating profit margin experienced fluctuations, with a high of 8.85% in Mar'24, but fell to 4.76% in Mar'25. Profit before tax increased from 4.97 Cr in Mar'19 to 47.71 Cr in Mar'25, despite a slight decline from the previous year. Profit after tax also saw a decrease from 39.38 Cr in Mar'24 to 36.23 Cr in Mar'25, resulting in a PAT margin of 7.91%. The company's total assets expanded significantly, reflecting a growth from 108.45 Cr in Mar'20 to 288.42 Cr in Mar'25, while total liabilities mirrored this increase. Cash flow from operating activities remained positive, indicating operational efficiency, despite the negative cash flow from investing activities in Mar'25.

Is Geekay Wires overvalued or undervalued?

As of November 17, 2025, Geekay Wires is considered undervalued with an attractive valuation grade, a PE ratio of 10.34, and a ROE of 20.29%, significantly lower than peers like JSW Steel and Tata Steel, indicating potential for recovery and growth despite recent stock performance lagging behind the Sensex.

As of 17 November 2025, the valuation grade for Geekay Wires has moved from fair to attractive, indicating a positive shift in its valuation outlook. The company is currently considered undervalued. Key ratios include a PE ratio of 10.34, an EV to EBITDA of 13.88, and a ROE of 20.29%. <BR><BR>In comparison to its peers, Geekay Wires stands out with a significantly lower PE ratio than JSW Steel, which has a PE of 46.87, and Tata Steel at 29.08. Additionally, while the PEG ratio for Geekay Wires is at 0.00, indicating no growth premium, Tata Steel's PEG is 0.23, suggesting a more favorable growth outlook. Despite recent stock performance lagging behind the Sensex, the attractive valuation suggests potential for recovery and growth in the future.

Are Geekay Wires Ltd latest results good or bad?

Geekay Wires Ltd's latest results show positive sequential growth with a net profit increase of 16.13% and a 35.39% rise in net sales compared to the previous quarter. However, year-on-year comparisons reveal a 9.24% decline in net profit and only marginal sales growth, indicating mixed performance and potential concerns about sustainability.

Geekay Wires Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹8.35 crore for Q2 FY26, which is a positive sequential growth of 16.13% compared to the previous quarter. Additionally, net sales saw a significant increase of 35.39% quarter-on-quarter, reaching ₹124.21 crore. This indicates a strong recovery from a subdued performance in the previous quarter.<BR><BR>However, when looking at year-on-year comparisons, the results are less favorable. The net profit decreased by 9.24% compared to the same quarter last year, and net sales showed only a marginal growth of 0.31% year-on-year. This stagnation in revenue growth raises concerns about the company's market positioning and demand sustainability.<BR><BR>Furthermore, while the operating margin improved significantly to 11.94%, reflecting better operational efficiency, the profit after tax (PAT) margin contracted slightly. The heavy reliance on non-operating income, which constituted a substantial portion of profit before tax, also raises questions about the quality and sustainability of earnings.<BR><BR>Overall, while there are some positive indicators, the year-on-year declines and concerns over revenue growth and earnings quality suggest that the results are not entirely good. Investors may need to approach the company with caution, considering the mixed signals from the latest financial performance.

Should I buy, sell or hold Geekay Wires Ltd?

Why is Geekay Wires Ltd falling/rising?

As of 16-Mar, Geekay Wires Ltd's stock price is Rs. 20.30, reflecting a decline of 1.79%. The stock has decreased 48.99% over the past year and is currently trading below all key moving averages, indicating a bearish trend and waning investor interest.

As of 16-Mar, Geekay Wires Ltd is experiencing a decline in its stock price, currently at Rs. 20.30, which reflects a change of -0.37 or -1.79%. This downward trend is supported by several factors. Over the past week, the stock has decreased by 4.06%, significantly underperforming the Sensex, which fell by only 2.58%. In the longer term, the stock has shown a staggering decline of 48.99% over the past year, while the Sensex has gained 4.52% during the same period.<BR><BR>Today's performance indicates that the stock has hit a new 52-week low of Rs. 19.75, further emphasizing its struggles. Additionally, it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also decreased, with delivery volume falling by 14.95% compared to the 5-day average, indicating waning interest among investors.<BR><BR>Financially, the company has reported a return on capital employed (ROCE) of 9.7, which, while considered attractive, is overshadowed by a significant decline in profits of 20.6% over the past year. The stock is trading at a discount compared to its peers, but this has not translated into positive performance. The company's debt-equity ratio is at its highest, and a substantial portion of its profit before tax is derived from non-operating income, raising concerns about its operational efficiency.<BR><BR>Overall, the consistent underperformance against benchmarks over the last three years, coupled with flat results and high debt levels, contributes to the stock's decline, making it a challenging investment at this time.

Which are the latest news on Geekay Wires?