Geekay Wires

Why is Geekay Wires Ltd falling/rising?

As of 10-Aug, Geekay Wires Ltd's stock price has risen to 22.96, driven by short-term outperformance and increased promoter confidence. However, it has faced significant long-term challenges, including a -32.37% return over the past year and declining profits.

As of 10-Aug, Geekay Wires Ltd is experiencing a rise in its stock price, currently at 22.96, with a change of 0.43 (1.91%) upwards. This increase can be attributed to several factors. Firstly, the stock has outperformed its sector today by 1.56%, indicating a positive short-term performance relative to its peers. Additionally, the company's promoters have shown increased confidence by raising their stake by 0.7% in the previous quarter, now holding 60.47% of the company, which typically signals a positive outlook for the business.<BR><BR>However, it is important to note that despite the current rise, the stock has faced significant challenges over the longer term. Over the past year, it has generated a return of -32.37%, and its profits have declined by 14.1%. Furthermore, the stock has underperformed the broader market indices, such as the Sensex, over various time frames, including 1 year and 3 years. The stock is also trading at a discount compared to its peers' average historical valuations, which may attract some investors looking for value.<BR><BR>In summary, while the stock is currently rising due to short-term outperformance and increased promoter confidence, it faces ongoing challenges reflected in its long-term performance metrics and declining profits.

Which are the latest news on Geekay Wires?

Are Geekay Wires Ltd latest results good or bad?

The latest results for Geekay Wires Ltd are unfavorable, showing a 14.52% decline in net profit quarter-on-quarter and a significant drop in operating margins to 5.90%, indicating serious operational challenges and reliance on non-operating income.

The latest results for Geekay Wires Ltd indicate a challenging situation for the company. In Q1 FY27, the net profit was ₹5.77 crores, which represents a decline of 14.52% quarter-on-quarter and 19.75% year-on-year. Similarly, net sales decreased by 13.23% from the previous quarter, although there was a modest year-on-year increase of 3.49%.<BR><BR>The operating margin has also come under pressure, falling to 5.90%, which is the lowest in recent quarters. This marks a significant drop from previous levels, indicating that the company is facing serious operational challenges. Additionally, a concerning aspect of the results is the heavy reliance on non-operating income, which constituted a substantial portion of the profit before tax.<BR><BR>Overall, the financial performance reflects deteriorating profitability metrics and raises questions about the company's ability to sustain its operations in a competitive market. The combination of declining margins, reduced net profit, and increasing operational challenges suggests that the latest results are not favorable for Geekay Wires Ltd.

Should I buy, sell or hold Geekay Wires Ltd?

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 2026, it reported net sales of 109 Cr and a net profit of 7 Cr, with a market cap of INR 244 Cr.

Overview: <BR>Geekay Wires Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>Geekay Wires Limited was incorporated in 1989 as "Geekay Wires Private Limited." The company 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 most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 109 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 7 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 244 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 8.00 <BR>Industry P/E: 26 <BR>Dividend Yield: 1.41% <BR>Debt Equity: 0.83 <BR>Return on Equity: 17.54% <BR>Price to Book: 1.39 <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

How big is Geekay Wires?

As of 10th June, Geekay Wires Ltd has a market capitalization of 244.00 Cr, with recent net sales of 440.82 Cr and a net profit of 30.11 Cr. The company reported shareholder's funds of 144.78 Cr and total assets of 288.42 Cr.

As of 10th June, Geekay Wires Ltd has a market capitalization of 244.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest 4 quarters, Geekay Wires reported Net Sales of 440.82 Cr and a Net Profit of 30.11 Cr.<BR><BR>For the latest annual period, the company reported Shareholder's Funds of 144.78 Cr and Total Assets of 288.42 Cr.

Who are in the management team of Geekay Wires?

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

The management team of Geekay Wires includes the following individuals:<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>If you need more information about their roles or the company, feel free to ask!

Who are the peers of the Geekay Wires?

Peers of Geekay Wires include D P Wires, Krishca Strapp., Chaman Metallics, and others, with varying management and growth risks. Geekay Wires has a below-average capital structure and a 1-year return of -39.52%, worse than most peers.

Peers: The peers of Geekay Wires are D P Wires, Krishca Strapp., Chaman Metallics, Vibhor Steel, Kataria Indust., Surani Steel Tub, Remi Edelstahl, Ahm. Steelcraft, and Suraj Products.<BR><BR>Quality Snapshot: Excellent management risk is observed at Krishca Strapp. and Ahm. Steelcraft, while Good management risk is found at Suraj Products. Average management risk is present at D P Wires and Kataria Indust., while Below Average management risk is noted at Chaman Metallics, Vibhor Steel, Surani Steel Tub, Remi Edelstahl, and the rest. In terms of Growth, Excellent growth is seen at Krishca Strapp. and Ahm. Steelcraft, while Good growth is noted at Chaman Metallics and the rest. Average growth is observed at Geekay Wires, while Below Average growth is found at D P Wires, Vibhor Steel, Kataria Indust., Surani Steel Tub, and the rest. For Capital Structure, Excellent capital structure is present at D P Wires and Ahm. Steelcraft, while Good capital structure is noted at Kataria Indust. Below Average capital structure is seen at Geekay Wires, Chaman Metallics, Vibhor Steel, Surani Steel Tub, Remi Edelstahl, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Surani Steel Tub at 1.88%, while the peer with the lowest is Krishca Strapp. at -37.54%. Geekay Wires has a 1-year return of -39.52%, which is lower than both. Additionally, peers with negative six-month returns include D P Wires, Krishca Strapp., Chaman Metallics, Geekay Wires, Vibhor Steel, and Remi Edelstahl.

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.

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.

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.

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.

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.