Plaza Wires

Why is Plaza Wires Ltd falling/rising?

As of 10-Jun, Plaza Wires Ltd's stock price is at 46.18, reflecting a 3.55% decline. The stock has underperformed significantly over the last month, dropping 23.82%, and shows a longer-term negative trend with a 26.87% decline over the past year.

As of 10-Jun, Plaza Wires Ltd's stock price is falling, currently at 46.18, which reflects a decrease of 1.7 or 3.55%. This decline is evident in the stock's performance over various periods, particularly over the last month where it has dropped by 23.82%, significantly underperforming the benchmark Sensex, which fell only 4.33% during the same timeframe. Additionally, the stock has seen a year-to-date increase of 10.32%, but this is overshadowed by a 26.87% decline over the past year, indicating a longer-term negative trend.<BR><BR>Today's trading activity shows that the stock's performance is inline with its sector; however, there is a notable decrease in investor participation, with delivery volume dropping by 81.48% compared to the 5-day average. This lack of engagement may contribute to the downward pressure on the stock price. Furthermore, while the stock is trading above its 50-day, 100-day, and 200-day moving averages, it is below its 5-day and 20-day moving averages, suggesting a short-term weakness in momentum. Overall, these factors collectively indicate why Plaza Wires Ltd's stock is currently experiencing a decline.

What does Plaza Wires do?

Plaza Wires Ltd is a micro-cap company in the electrical cables industry, incorporated in 2006 and publicly listed since March 2022. As of March 2026, it reported net sales of 112 Cr and a net profit of 4 Cr, with a market cap of INR 207 Cr.

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. The company underwent several name changes, becoming Plaza General Cable Wire Private Limited in 2007, then Plaza Wires Private Limited in 2009, and finally converting to a Public Limited company with its current name on March 10, 2022. The latest reported quarterly results indicate net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 112 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 207 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00 <BR>Industry P/E: 48 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.25 <BR>Return on Equity: 5.64% <BR>Price to Book: 1.62 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Which are the latest news on Plaza Wires?

How big is Plaza Wires?

As of 10th June, Plaza Wires Ltd has a market capitalization of 207.00 Cr, with recent net sales of 318.06 Cr and a net profit of 7.31 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Plaza Wires Ltd has a market capitalization of 207.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 318.06 Cr, while the sum of Net Profit for the same period is 7.31 Cr.<BR><BR>Balance Sheet Snapshot: The latest reporting period is March 2025, with Shareholder's Funds valued at 122.21 Cr and Total Assets amounting to 163.66 Cr.

Who are in the management team of Plaza Wires?

The management team of Plaza Wires includes Sanjay Gupta (Chairman & Managing Director), Sonia Gupta, Aditya Gupta, and Abhishek Gupta (Whole-time Directors), along with independent directors Monam Kapoor, Chetna, Swati Jain, and Ish Sadana, and Bhavika Kapil as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

The management team of Plaza Wires includes the following key members:<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>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Plaza Wires?

Plaza Wires' peers include Dynamic Cables, Quadrant Future, Cords Cable, Jainik Power, Rex Pipes & Cables, Bhadora Industries, and DCG Cables. Jainik Power shows the best management risk and growth, while Plaza Wires has average management risk and growth, with a 1-year return of -27.88%.

Peers: The peers of Plaza Wires are Dynamic Cables, Quadrant Future, Cords Cable, Jainik Power, Rex Pipes&Cables, Bhadora Indust., and DCG Cables.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jainik Power and Bhadora Indust., while Good management risk is found at Cords Cable and Dynamic Cables, and Average management risk is present at Rex Pipes&Cables and DCG Cables. Below Average management risk is noted for Quadrant Future and Plaza Wires. In terms of Growth, Excellent growth is seen at Jainik Power, while Good growth is observed at Cords Cable. Average growth is found at Plaza Wires and Dynamic Cables, and Below Average growth is noted for Quadrant Future and Rex Pipes&Cables. Finally, Excellent capital structure is attributed to Jainik Power, while Good capital structure is seen at Bhadora Indust. Average capital structure is noted for Cords Cable and Plaza Wires, and Below Average capital structure is present at Quadrant Future, Rex Pipes&Cables, and DCG Cables.<BR><BR>Return Snapshot: Jainik Power has the highest 1-year return at 0.00%, while Dynamic Cables has the lowest at -31.15%. Plaza Wires' 1-year return is -27.88%, which is better than Dynamic Cables but worse than Jainik Power. Additionally, the six-month returns for Dynamic Cables, Quadrant Future, Rex Pipes&Cables, and Bhadora Indust. are all negative.

Should I buy, sell or hold Plaza Wires Ltd?

Are Plaza Wires Ltd latest results good or bad?

Plaza Wires Ltd's latest Q4 FY26 results are strong, with a 113.66% year-on-year net profit increase and significant revenue growth. However, the overall annual performance shows a decline in profitability, raising concerns about sustainability despite recent improvements.

Plaza Wires Ltd's latest results for Q4 FY26 show a significant improvement compared to previous quarters, indicating a strong performance. The company reported a net profit of ₹3.91 crore, which is a remarkable 113.66% increase year-on-year. Revenue also surged to ₹111.53 crore, reflecting a 51.80% year-on-year growth and a substantial 67.82% increase from the previous quarter. Additionally, the operating margin reached 6.29%, the highest in seven quarters, suggesting improved operational efficiency.<BR><BR>However, while these quarterly results are impressive, they stand in contrast to the company's overall annual performance. For FY25, Plaza Wires recorded a net profit of only ₹2.00 crore, down from ₹3.00 crore in FY24, indicating a decline in profitability over the year. The full-year revenue growth was modest at 10.10%, and the annual operating margin decreased to 3.20%.<BR><BR>Moreover, despite the recent positive momentum, Plaza Wires has faced challenges over the past year, with its stock declining by 22.18%, underperforming both the Sensex and its sector peers. The company's valuation at 39.69 times trailing earnings appears stretched given its inconsistent profitability and below-average return metrics.<BR><BR>In summary, while Plaza Wires' latest quarterly results are strong and suggest a potential turnaround, the broader context of its annual performance and historical volatility raises questions about sustainability. Investors should approach with caution, monitoring future quarters to see if this performance can be maintained.

When is the next results date for Plaza Wires Ltd?

The next results date for Plaza Wires Ltd is 29 May 2026.

The next results date for Plaza Wires Ltd is scheduled for 29 May 2026.

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.

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.

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.

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.

Has Plaza Wires declared dividend?

No Dividend History Available