Geekay Wires

Why is Geekay Wires Ltd falling/rising?

As of 10-Jun, Geekay Wires Ltd's stock price is declining at 22.18, down 2.55%. This decline is due to significant underperformance against benchmarks, low investor participation, and weak financial indicators, despite a slight increase in promoter confidence.

As of 10-Jun, Geekay Wires Ltd is experiencing a decline in its stock price, currently at 22.18, reflecting a change of -0.58 (-2.55%). This downward movement can be attributed to several factors highlighted in the data. <BR><BR>Firstly, the stock has significantly underperformed against the benchmark indices, with a one-week decline of -6.02% compared to the Sensex's -0.81%, and a year-to-date drop of -35.41% against the Sensex's -11.15%. Over the past year, the stock has generated a return of -40.73%, which is substantially lower than the -7.53% return of the benchmark.<BR><BR>Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend. The performance today shows that it has underperformed its sector by -1.36%. Furthermore, there has been a noticeable decline in investor participation, with delivery volume falling by -5.1% against the five-day average, suggesting reduced interest from investors.<BR><BR>Despite some positive factors, such as rising promoter confidence with a 1.06% increase in their stake, the overall financial performance has been weak. The company's return on capital employed (ROCE) is low at 9.7%, and net sales have decreased by -11.79%. These negative financial indicators, combined with consistent underperformance against benchmarks over the last three years, contribute to the stock's current decline.

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

Which are the latest news on Geekay Wires?

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!

Are Geekay Wires Ltd latest results good or bad?

Geekay Wires Ltd's latest results are concerning, showing an 8.40% decline in net profit year-on-year and a significant drop in revenue, indicating ongoing operational challenges and raising questions about the sustainability of its earnings. The stock has underperformed compared to its sector, reflecting negative investor sentiment.

The latest results for Geekay Wires Ltd indicate a challenging performance. In Q4 FY26, the company reported a net profit of ₹6.75 crore, which represents an 8.40% decline year-on-year and a 13.68% drop from the previous quarter. Revenue also contracted significantly, falling 11.79% year-on-year to ₹109.41 crore and down 5.24% sequentially.<BR><BR>While there was a slight improvement in operating profit excluding other income, which rose to ₹8.90 crore, the operating margin decreased from the previous quarter. Additionally, a concerning aspect is the company's heavy reliance on other income, which accounted for over half of its profit before tax, raising questions about the sustainability and quality of its earnings.<BR><BR>Overall, the results reflect ongoing operational challenges, with declining revenues and profits, which could be seen as negative indicators for investors. The stock has also underperformed significantly compared to its sector, suggesting that these issues are impacting investor confidence.

Should I buy, sell or hold Geekay Wires Ltd?

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.

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.

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.