Plaza Wires

Who are in the management team of Plaza Wires?

As of March 2023, the management team of Plaza Wires includes Sanjay Gupta (Chairman & Managing Director), Sonia Gupta, Aditya Gupta, Abhishek Gupta (all Whole-time Directors), and several Independent Directors: Monam Kapoor, Chetna, Swati Jain, and Ish Sadana, along with Bhavika Kapil as Company Secretary & Compliance Officer.

As of March 2023, the management team of Plaza Wires includes:<BR><BR>1. Sanjay Gupta - Chairman & Managing Director<BR>2. Sonia Gupta - Whole-time Director<BR>3. Aditya Gupta - Whole-time Director<BR>4. Abhishek Gupta - Whole-time Director<BR>5. Monam Kapoor - Independent Director<BR>6. Chetna - Independent Director<BR>7. Swati Jain - Independent Director<BR>8. Ish Sadana - Independent Director<BR>9. Bhavika Kapil - Company Secretary & Compliance Officer<BR><BR>These individuals play key roles in the governance and operational management of the company.

Has Plaza Wires declared dividend?

No Dividend History Available

Who are the peers of the Plaza Wires?

Plaza Wires' peers include Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Cords Cable, Ultracab India, DCG Cables, and Rex Pipes&Cables. Key insights show varying management risks and growth rates, with Dynamic Cables achieving the highest 1-year return at 54.02%, while Plaza Wires has a return of -24.70%.

Peers: The peers of Plaza Wires are Polycab India, KEI Industries, R R Kabel, Finolex Cables, Dynamic Cables, Cords Cable, Ultracab India, DCG Cables, and Rex Pipes&Cables.<BR><BR>Quality Snapshot: Excellent management risk is observed at Polycab India, KEI Industries, and R R Kabel, while Good management risk is found at Finolex Cables. Average management risk is present at Dynamic Cables, Cords Cable, Ultracab India, DCG Cables, Rex Pipes&Cables, and Marco Cables. Growth is Excellent for Polycab India and DCG Cables, Good for KEI Industries, R R Kabel, and Rex Pipes&Cables, Average for Dynamic Cables and Ultracab India, and Below Average for Finolex Cables, Plaza Wires, Cords Cable. Capital Structure is Excellent for Polycab India, KEI Industries, R R Kabel, and Good for Dynamic Cables, while Average is seen at Plaza Wires and Below Average at Finolex Cables, Cords Cable, Ultracab India, DCG Cables, and Rex Pipes&Cables.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Dynamic Cables at 54.02%, while the lowest is Finolex Cables at -33.64%. Plaza Wires has a 1-year return of -24.70%, which is higher than Finolex Cables but lower than Dynamic Cables. Additionally, the peers with negative six-month returns include Polycab India, KEI Industries, Finolex Cables, Ultracab India, and Plaza Wires.

What is the technical trend for Plaza Wires?

As of June 5, 2025, Plaza Wires shows a neutral trend with mixed signals: mildly bullish weekly indicators contrast with mildly bearish daily moving averages, reflecting underlying strength but short-term weakness.

As of 5 June 2025, the technical trend for Plaza Wires has changed from mildly bullish to sideways. The weekly MACD remains mildly bullish, supported by a mildly bullish KST and OBV, indicating some underlying strength. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands show a bullish stance on the weekly chart but are mildly bearish on the monthly chart, reflecting mixed signals. Overall, the current stance is neutral with a moderate strength, influenced by the conflicting indicators across different time frames.

What does Plaza Wires do?

Plaza Wires Ltd is a micro-cap company in the electrical cables industry, reporting net sales of ₹735 Cr and a net profit of ₹18 Cr for March 2025. It has a market cap of ₹265 Cr and key metrics include a P/E ratio of 93.00 and a debt-equity ratio of 0.21.

Overview:<BR>Plaza Wires Ltd operates in the electrical cables industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Plaza Wires Ltd was originally incorporated as Navratna Wires Private Limited in 2006. It underwent several name changes, becoming Plaza General Cable Wire Private Limited in 2007 and later Plaza Wires Private Limited in 2009. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 735 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 18 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 265 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 93.00<BR>- Industry P/E: 50<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.21<BR>- Return on Equity: 2.36%<BR>- Price to Book: 2.18<BR><BR>Contact Details:<BR>Details: No Company Details Available<BR>Registrar Address: Not available.

Who are the top shareholders of the Plaza Wires?

The top shareholder of Plaza Wires is Sanjay Gupta, who holds 36.28% of the shares. Individual investors own 27.43%, while two foreign institutional investors hold 0.02%, and there are no mutual funds invested in the company.

The top shareholders of Plaza Wires include the promoters, with Sanjay Gupta holding the highest stake at 36.28%. There are no pledged promoter holdings, and individual investors collectively hold 27.43% of the shares. Additionally, two foreign institutional investors (FIIs) hold a small portion of 0.02%. There are currently no mutual funds invested in the company.

How big is Plaza Wires?

As of 24th July, Plaza Wires Ltd has a market capitalization of 258.00 Cr, with net sales of 218.19 Cr and a net profit of 2.89 Cr over the latest four quarters. The company reported shareholder's funds of 119.52 Cr and total assets of 172.77 Cr for the annual period ending March 2024.

As of 24th July, Plaza Wires Ltd has a market capitalization of 258.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Plaza Wires reported Net Sales of 218.19 Cr and a Net Profit of 2.89 Cr.<BR><BR>For the latest annual period ending March 2024, the company had Shareholder's Funds amounting to 119.52 Cr and Total Assets of 172.77 Cr.

Is Plaza Wires overvalued or undervalued?

As of November 17, 2025, Plaza Wires is considered undervalued with an attractive valuation grade, featuring a PE Ratio of 52.71, an EV to EBITDA of 22.94, and a ROCE of 4.63%, despite a year-to-date return of -42.75% compared to the Sensex's 8.72%.

As of 17 November 2025, Plaza Wires has moved from a fair to an attractive valuation grade. The company appears to be undervalued given its current financial metrics. Key ratios include a PE Ratio of 52.71, an EV to EBITDA of 22.94, and a ROCE of 4.63%. <BR><BR>In comparison to its peers, Plaza Wires has a higher PE Ratio than Polycab India (46.98) and a lower EV to EBITDA than Havells India (42.79), indicating that while it is priced higher relative to earnings, it is more favorably valued in terms of operational efficiency compared to some competitors. Despite recent underperformance with a year-to-date return of -42.75% against a Sensex return of 8.72%, the current valuation suggests potential for recovery and growth in the future.

How has been the historical performance of Plaza Wires?

Plaza Wires has shown increasing net sales from 176.77 Cr in Mar'22 to 218.18 Cr in Mar'25, but rising expenditures led to a decline in operating profit and net income, with profit after tax dropping from 7.51 Cr in Mar'23 to 2.88 Cr in Mar'25. Additionally, the company faced a net cash outflow of 29.00 Cr in Mar'25, contrasting with a net inflow of 29.00 Cr in Mar'24.

Answer:<BR>The historical performance of Plaza Wires shows a trend of increasing net sales over the years, with figures rising from 176.77 Cr in Mar'22 to 218.18 Cr in Mar'25. However, the total operating income has also seen a similar increase, reflecting consistent revenue growth. Despite this, the total expenditure has escalated significantly, leading to a decline in operating profit (PBDIT), which decreased from 15.79 Cr in Mar'23 to 8.73 Cr in Mar'25. Profit before tax has also dropped from 10.33 Cr in Mar'23 to 3.91 Cr in Mar'25, resulting in a profit after tax of 2.88 Cr in Mar'25, down from 7.51 Cr in Mar'23. The earnings per share (EPS) have followed this downward trend, falling from 2.46 in Mar'23 to 0.66 in Mar'25. On the balance sheet, total assets increased from 104.17 Cr in Mar'22 to 163.66 Cr in Mar'25, while total liabilities peaked at 172.77 Cr in Mar'24 before decreasing to 163.66 Cr in Mar'25. The company has also experienced a significant cash outflow in Mar'25, with a net cash outflow of 29.00 Cr, contrasting with a net inflow of 29.00 Cr in Mar'24.<BR><BR>Breakdown:<BR>Plaza Wires has demonstrated a consistent increase in net sales, climbing from 176.77 Cr in Mar'22 to 218.18 Cr in Mar'25, while total operating income mirrored this growth. However, the rise in total expenditure has negatively impacted operating profit, which fell from 15.79 Cr in Mar'23 to 8.73 Cr in Mar'25. Consequently, profit before tax decreased from 10.33 Cr in Mar'23 to 3.91 Cr in Mar'25, leading to a profit after tax of 2.88 Cr in Mar'25, a significant drop from 7.51 Cr in Mar'23. The EPS also declined from 2.46 to 0.66 over the same period. On the balance sheet, total assets grew from 104.17 Cr in Mar'22 to 163.66 Cr in Mar'25, while total liabilities peaked at 172.77 Cr in Mar'24 before reducing to 163.66 Cr in Mar'25. The cash flow statement indicates a challenging year in Mar'25, with a net cash outflow of 29.00 Cr, contrasting sharply with the previous year's net inflow of 29.00 Cr.

When is the next results date for Plaza Wires Ltd?

The next results date for Plaza Wires Ltd is 13 February 2026.

The next results date for Plaza Wires Ltd is scheduled for 13 February 2026.

Are Plaza Wires Ltd latest results good or bad?

Plaza Wires Ltd's latest results show strong net profit growth of 246.15% quarter-on-quarter and a 33.91% year-on-year revenue increase, but concerns arise from an 11.04% sequential revenue decline and a low return on equity of 2.94%. Overall, the results are mixed, suggesting caution for investors.

Plaza Wires Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q3 FY26, which surged by 246.15% quarter-on-quarter to ₹1.80 crores. This is a positive indicator, especially when viewed in the context of a year-on-year growth of 757.14% from a low base. Additionally, the revenue showed a robust year-on-year growth of 33.91%, reaching ₹66.46 crores.<BR><BR>However, there are notable concerns. The revenue experienced a sequential decline of 11.04% compared to the previous quarter, which raises questions about demand consistency. Furthermore, the company's return on equity remains weak at just 2.94%, and its price-to-earnings ratio is elevated at 48.57x, suggesting that the stock may be overvalued relative to its performance.<BR><BR>Overall, while there are positive signs in terms of profit growth and revenue increase, the underlying issues of revenue volatility and weak capital efficiency indicate that the results are not entirely favorable. Investors may want to approach with caution, considering the mixed signals from the latest financial performance.

Should I buy, sell or hold Plaza Wires Ltd?

Which are the latest news on Plaza Wires?

Why is Plaza Wires Ltd falling/rising?

As of 17-Mar, Plaza Wires Ltd's stock price is Rs 33.29, down 3.65% and has declined 8.54% over the past five days. The stock shows high volatility and is trading below all major moving averages, with reduced investor participation contributing to its bearish trend.

As of 17-Mar, Plaza Wires Ltd is experiencing a decline in its stock price, currently at Rs 33.29, which reflects a change of -1.26 (-3.65%). The stock has been underperforming significantly, with a consecutive fall over the last five days, resulting in a total decline of -8.54% during this period. <BR><BR>Despite opening with a gain of 3.88% today and reaching an intraday high of Rs 40.45, the stock quickly fell, touching a low of Rs 33.26. This indicates high volatility, with an intraday volatility of 16.91%. The stock is also trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend. <BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by -24.64% compared to the 5-day average. This lack of interest from investors further contributes to the downward pressure on the stock price. Overall, the combination of recent performance trends, high volatility, and declining investor participation are key factors driving the stock price of Plaza Wires Ltd lower.

Why is Plaza Wires Ltd falling/rising?

As of 18-Mar, Plaza Wires Ltd's stock price has risen to 34.57, marking a 2.13% increase after a trend reversal. Despite this gain, the stock has underperformed its sector and has significant long-term declines, with a year-to-date drop of 17.42%.

As of 18-Mar, Plaza Wires Ltd is experiencing a rise in its stock price, currently at 34.57, with a change of 0.72, representing a 2.13% increase. This upward movement follows a trend reversal after five consecutive days of decline. Despite this recent gain, the stock has underperformed its sector by 1.26% today and is trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. <BR><BR>Additionally, there has been a notable increase in investor participation, with a delivery volume of 25.55k on March 17, which is up by 15.9% compared to the 5-day average. This suggests a growing interest among investors, which may be contributing to the stock's current rise. However, it is important to note that over the longer term, Plaza Wires Ltd has seen significant declines, with a year-to-date drop of 17.42% and a one-year decline of 35.35%.

Why is Plaza Wires Ltd falling/rising?

As of 19-Mar, Plaza Wires Ltd's stock price is at 33.45, down 3.66%, and has significantly underperformed its sector. The stock has declined 20.09% year-to-date and 40.90% over the past year, indicating a bearish trend.

As of 19-Mar, Plaza Wires Ltd's stock price is falling, currently at 33.45, which reflects a decrease of 1.27 or 3.66%. The stock has underperformed its sector by 1.22% today and opened with a significant loss of 9.13%. It reached an intraday low of Rs 31.55, indicating a sharp decline in value.<BR><BR>Over the past week, the stock has decreased by 6.46%, while the benchmark Sensex fell by only 2.40%. In the last month, Plaza Wires Ltd has seen a decline of 14.25%, compared to a 10.05% drop in the Sensex. Year-to-date, the stock is down 20.09%, significantly worse than the Sensex's 12.92% decline. Over the past year, the stock has plummeted by 40.90%, while the Sensex has only slightly decreased by 1.65%.<BR><BR>The stock is currently trading below all its moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which indicates a bearish trend. Additionally, the cable sector has also experienced a decline of 3.73%, contributing to the negative sentiment surrounding Plaza Wires Ltd. Despite a rise in investor participation, with delivery volume increasing by 43.19% against the 5-day average, the overall market conditions and the stock's performance suggest a continued downward trajectory.

Why is Plaza Wires Ltd falling/rising?

As of 20-Mar, Plaza Wires Ltd's stock price is at 33.01, down -1.32%, with significant declines over the past week (-4.87%) and month (-15.70%). Weak long-term fundamentals and declining investor interest are contributing to its persistent downward trend.

As of 20-Mar, Plaza Wires Ltd's stock price is falling, currently at 33.01, reflecting a change of -0.44 or -1.32%. The stock has been underperforming significantly, with a decline of -4.87% over the past week and a substantial -15.70% drop over the last month. Year-to-date, the stock has decreased by -21.14%, and it has generated a staggering -40.22% return over the past year.<BR><BR>Today's performance indicates that the stock has underperformed its sector by -1.2%, and it has been on a consecutive decline for the last two days, with a total fall of -4.93% in that period. Plaza Wires is also trading lower than its moving averages across various time frames, including 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a persistent downward trend.<BR><BR>Investor participation appears to be waning, as evidenced by a delivery volume of 21.68k on March 19, which has decreased by -3.24% compared to the 5-day average. Although the company has reported positive financial results, including a significant growth in net profit and net sales, these have not translated into positive stock performance. The stock's long-term fundamentals are weak, with a -20.36% CAGR growth in operating profits over the last five years and a low return on equity of 2.29%, indicating low profitability per unit of shareholders' funds.<BR><BR>Overall, the combination of poor recent performance, declining investor interest, and weak long-term fundamentals contributes to the falling stock price of Plaza Wires Ltd.

Why is Plaza Wires Ltd falling/rising?

As of 23-Mar, Plaza Wires Ltd's stock price is at Rs. 31.65, down 4.32%, and has declined 24.39% year-to-date, underperforming the Sensex. The stock has reached a 52-week low and shows declining investor interest amid a bearish trend.

As of 23-Mar, Plaza Wires Ltd's stock price is falling, currently at Rs. 31.65, which reflects a decrease of Rs. 1.43 or 4.32%. The stock has been on a downward trend, having lost 8.39% over the past week and 18.85% over the past month. Year-to-date, the stock has declined by 24.39%, significantly underperforming the benchmark Sensex, which has only fallen by 14.70% in the same period.<BR><BR>Today, the stock reached a new 52-week low of Rs. 31.06, indicating a significant drop in value. It has been losing for the last three days, with a total decline of 8.84% during this period. The stock's performance has been characterized by high volatility, with an intraday volatility of 5.62%. Additionally, it is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically suggests a bearish trend.<BR><BR>Investor participation appears to be declining, as evidenced by a drop in delivery volume of 15.26% compared to the 5-day average. This lack of interest from investors, combined with the overall negative performance of the cable sector, which has fallen by 5.04%, contributes to the downward pressure on Plaza Wires Ltd's stock price.

Why is Plaza Wires Ltd falling/rising?

As of 24-Mar, Plaza Wires Ltd's stock price is at Rs. 31.52, reflecting a 0.35% decrease and a 52-week low. The stock has declined 24.70% year-to-date and 43.71% over the past year, underperforming its sector and trading below key moving averages, indicating a bearish trend despite increased investor participation.

As of 24-Mar, Plaza Wires Ltd's stock price is falling, currently at Rs. 31.52, which reflects a decrease of Rs. 0.11 or 0.35%. The stock has been on a downward trend, having lost 9.22% over the last four days, and it has underperformed its sector by 1.97% today. Additionally, the stock has reached a new 52-week low of Rs. 31, indicating significant weakness in its performance.<BR><BR>In terms of broader performance, Plaza Wires has experienced substantial declines over various periods, including a 24.70% drop year-to-date and a staggering 43.71% decline over the past year. This is in contrast to the Sensex, which has only fallen by 13.09% year-to-date. The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, further indicating a bearish trend.<BR><BR>Despite a rise in investor participation, with delivery volume increasing by 94.88% against the 5-day average, the overall sentiment remains negative as the stock continues to struggle.

Why is Plaza Wires Ltd falling/rising?

As of 25-Mar, Plaza Wires Ltd's stock price is currently at Rs 32.00, reflecting a recent increase after four days of decline, but it has significantly underperformed over the year with a 40.74% drop. Despite the uptick, the stock remains below its moving averages and close to its 52-week low, indicating ongoing bearish trends.

As of 25-Mar, Plaza Wires Ltd's stock price is rising, currently at Rs 32.00, reflecting an increase of Rs 0.42 or 1.33%. This uptick comes after a trend reversal, as the stock has gained after four consecutive days of decline. Despite this recent rise, the stock has underperformed compared to its sector, lagging by 1.38%. <BR><BR>In terms of performance metrics, Plaza Wires has shown significant declines over various periods, including a year-to-date drop of 23.55% and a one-year decline of 40.74%. The stock is also trading below its moving averages across multiple time frames, indicating a generally bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 44.87% compared to the five-day average, suggesting a potential shift in market sentiment.<BR><BR>Additionally, the stock is close to its 52-week low, being only 3.13% away from Rs 31. Overall, while the stock is currently experiencing a rise, it is important to consider the broader context of its recent performance and market conditions.