Wires & Fabriks

Why is Wires & Fabriks (S.A) Ltd falling/rising?

As of 31-Aug, Wires & Fabriks (S.A) Ltd's stock price has declined to Rs 151.75, down 4.98%, following a trend reversal after three days of gains. Despite a recent weekly gain of 4.66%, the stock has a year-to-date decline of 12.41%, indicating a negative long-term trend.

As of 31-Aug, Wires & Fabriks (S.A) Ltd is experiencing a decline in its stock price, currently at Rs 151.75, which represents a decrease of Rs 7.95 or 4.98%. This drop follows a trend reversal after three consecutive days of gains, indicating a shift in market sentiment. The stock has underperformed its sector by 4.5% today, contributing to the negative price movement.<BR><BR>Additionally, the stock's performance over the past week shows a gain of 4.66%, contrasting with the Sensex, which fell by 0.53%. However, over the longer term, the stock has faced significant challenges, with a year-to-date decline of 12.41% and a one-year drop of 36.51%. This suggests that while there have been short-term gains, the overall trend remains negative.<BR><BR>Today's trading activity indicates that the stock touched an intraday low of Rs 151.75, and the weighted average price suggests that more volume was traded closer to this low price. Despite a rise in investor participation, with delivery volume increasing by 47.22% against the five-day average, the stock's liquidity remains adequate for trading, but the overall market conditions and recent performance indicate a bearish sentiment leading to the current decline.

Who are in the management team of Wires & Fabriks?

The management team of Wires & Fabriks includes M K Khaitan (Managing Director), K K Khaitan (Executive Chairman), Devesh Khaitan (Joint Managing Director), and several non-executive directors, ensuring a blend of executive leadership and independent oversight.

The management team of Wires & Fabriks includes the following members:<BR><BR>1. **M K Khaitan** - Managing Director<BR>2. **K K Khaitan** - Executive Chairman<BR>3. **Devesh Khaitan** - Joint Managing Director<BR>4. **S Ajmera** - Non-Executive & Independent Director<BR>5. **Pranika Khaitan** - Non-Executive & Non-Independent Director<BR>6. **Saroj Khemka** - Non-Executive & Independent Director<BR>7. **Rishi Bajoria** - Non-Executive & Independent Director<BR>8. **Sudhir Bhandari** - Non-Executive & Independent Director<BR>9. **Jaspreet Singh Dhir** - Company Secretary & Compliance Officer<BR>10. **Sanjay Kumar Singh** - Independent Director<BR><BR>This team brings a mix of executive and independent oversight to the company.

What does Wires & Fabriks do?

Wires & Fabriks (S.A) Ltd primarily produces paper mill products and operates in the Garments & Apparels industry as a Micro Cap company. As of June 2026, it reported net sales of 29 Cr and a market cap of INR 49 Cr.

Overview:<BR>Wires & Fabriks (S.A) Ltd is engaged mainly in the production of paper mill products and operates within the Garments & Apparels industry, classified as a Micro Cap company.<BR><BR>History:<BR>The company was originally incorporated as Spinning Accessories Private Limited in March 1957, later converting to a Public Limited and changing its name to Wires & Fabriks (S.A) Limited in 1985. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 29 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 49 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 155.00<BR>- Industry P/E: 21<BR>- Dividend Yield: 0.06%<BR>- Debt Equity: 2.08<BR>- Return on Equity: 0.59%<BR>- Price to Book: 0.96<BR><BR>Contact Details:<BR>Address: 7 Chittaranjan Avenue, Kolkata West Bengal: 700072 <BR>Tel: 91-33-40124012 <BR>Email: cs@wirefabrik.com <BR>Website: http://www.wirefabrik.com

Who are the peers of the Wires & Fabriks?

Peers of Wires & Fabriks include MKP Mobility, SVP Global, and several others, with varying management risks and growth ratings. MKP Mobility leads in 1-year returns at 20.33%, while Wires & Fabriks has a return of -36.51%.

Peers: The peers of Wires & Fabriks are MKP Mobility, SVP Global, Vivaa Tradecom, Vinny Overseas, GTN Industries, Arex Industries, Bang Overseas, Dhanlaxmi Fabric, Celebrity Fash, and Silky Overseas.<BR><BR>Quality Snapshot: Excellent management risk is observed at MKP Mobility, while Average management risk is found at Wires & Fabriks, GTN Industries, Arex Industries, and Silky Overseas. Below Average management risk is present at SVP Global, Vivaa Tradecom, Vinny Overseas, Bang Overseas, Dhanlaxmi Fabric, and Celebrity Fash. Growth is rated as Excellent for Bang Overseas, Good for MKP Mobility and Silky Overseas, Average for Wires & Fabriks, GTN Industries, Arex Industries, and Below Average for SVP Global, Vivaa Tradecom, Vinny Overseas, Dhanlaxmi Fabric, and Celebrity Fash. Capital Structure is rated as Good for MKP Mobility and Silky Overseas, Average for Arex Industries, and Below Average for Wires & Fabriks, GTN Industries, SVP Global, Vivaa Tradecom, Vinny Overseas, Bang Overseas, Dhanlaxmi Fabric, and Celebrity Fash.<BR><BR>Return Snapshot: The peer with the highest 1-year return is MKP Mobility at 20.33%, while the peer with the lowest is Celebrity Fash at -46.43%. Wires & Fabriks has a 1-year return of -36.51%, which is higher than Celebrity Fash but lower than MKP Mobility. Additionally, the six-month returns are negative for Vinny Overseas, Bang Overseas, Dhanlaxmi Fabric, Celebrity Fash, and GTN Industries.

How big is Wires & Fabriks?

As of 31st August, Wires & Fabriks (S.A) Ltd has a market capitalization of 49.00 Cr, with net sales of 116.66 Cr and a net profit of 0.30 Cr reported in the latest four quarters. Shareholder's funds are 50.65 Cr and total assets are valued at 185.51 Cr as of March 2026.

As of 31st August, Wires & Fabriks (S.A) Ltd has a market capitalization of 49.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Wires & Fabriks reported net sales of 116.66 Cr and a net profit of 0.30 Cr.<BR><BR>The latest reporting period for the balance sheet is March 2026, with shareholder's funds amounting to 50.65 Cr and total assets valued at 185.51 Cr.

Which are the latest news on Wires & Fabriks?

When is the next results date for Wires & Fabriks (S.A) Ltd?

The next results date for Wires & Fabriks (S.A) Ltd is 11 August 2026.

The next results date for Wires & Fabriks (S.A) Ltd is scheduled for 11 August 2026.

Should I buy, sell or hold Wires & Fabriks (S.A) Ltd?

Are Wires & Fabriks (S.A) Ltd latest results good or bad?

Wires & Fabriks (S.A) Ltd's latest results are concerning, showing an 8.20% year-on-year increase in net sales but a 2.18% decline quarter-on-quarter. Despite a significant improvement in net profit from the previous quarter, it is down 51.61% year-on-year, and the company faces operational challenges with declining margins and a 31.59% drop in stock value over the past year.

The latest results for Wires & Fabriks (S.A) Ltd indicate a challenging situation for the company. While there was a year-on-year increase in net sales of 8.20%, the quarter-on-quarter performance showed a decline of 2.18%. This suggests potential demand softness or pricing pressures. <BR><BR>Net profit for Q4 FY26 was ₹0.15 crores, which represents a significant improvement of 87.50% from the previous quarter, but it is down 51.61% compared to the same quarter last year. The operating margin has also taken a hit, dropping to 16.27% from 23.21% a year earlier, marking the lowest operating profit in the past eight quarters.<BR><BR>Overall, the company is facing substantial operational headwinds, with high leverage and weak profitability metrics. The stock has underperformed significantly, down 31.59% over the past year, and is currently trading well below its 52-week high. Given these factors, the latest results can be characterized as concerning, reflecting ongoing struggles in the garments and apparels sector.

How has been the historical performance of Wires & Fabriks?

Wires & Fabriks has shown steady growth in net sales, reaching 109.02 Cr in March 2025, while profit before tax improved to 2.11 Cr. Despite a slight decline in operating profit margins, the company has successfully increased sales and profitability over the years.

Answer:<BR>The historical performance of Wires & Fabriks shows a gradual increase in net sales, reaching 109.02 Cr in March 2025, up from 108.60 Cr in March 2024 and 108.30 Cr in March 2023. The total operating income has also followed a similar upward trend, with figures of 109.02 Cr in March 2025 compared to 108.60 Cr in March 2024. However, the operating profit (PBDIT) has seen a slight decline from 19.22 Cr in March 2023 to 18.84 Cr in March 2025. Profit before tax has improved to 2.11 Cr in March 2025 from 1.31 Cr in March 2024, while profit after tax has slightly increased to 1.50 Cr from 1.49 Cr in the same period. The earnings per share (EPS) rose to 4.9 in March 2025, reflecting a consistent growth trend over the years.<BR><BR>Breakdown:<BR>Wires & Fabriks has demonstrated steady growth in net sales, with a notable increase from 95.73 Cr in March 2022 to 109.02 Cr in March 2025. Despite this growth in sales, the operating profit margin has fluctuated, peaking at 17.17% in March 2023 before slightly declining to 16.16% in March 2025. The company has managed to improve its profit before tax, which rose to 2.11 Cr in March 2025, indicating better operational efficiency. The profit after tax also saw a rise, reaching 1.50 Cr in March 2025. The total liabilities increased significantly to 208.04 Cr in March 2025 from 154.26 Cr in March 2024, primarily due to a rise in long-term borrowings. The total assets also grew to 208.04 Cr, reflecting the company's expansion efforts. Overall, while Wires & Fabriks has faced challenges in maintaining profit margins, it has successfully increased its sales and profitability over the years.

Who are the top shareholders of the Wires & Fabriks?

The top shareholder of Wires & Fabriks is W & F Securities Pvt Ltd, owning 62.9% of the shares, followed by Fountain Vanijya Private Limited with 4.55%. Individual investors hold 14.25%, with no pledged promoter holdings or Foreign Institutional Investors involved.

The top shareholders of Wires & Fabriks include W & F Securities Pvt Ltd, which holds a significant majority with 62.9% of the shares. The highest public shareholder is Fountain Vanijya Private Limited, owning 4.55%. Additionally, individual investors collectively hold 14.25% of the shares. There are no pledged promoter holdings, and the company is not held by any Foreign Institutional Investors (FIIs). Two mutual fund schemes hold a very small portion, accounting for 0.02%.

Is Wires & Fabriks overvalued or undervalued?

As of February 12, 2024, Wires & Fabriks is considered overvalued with a high PE ratio of 42.84 and an EV to EBITDA of 10.78, despite a strong 1-year stock return of 37.80%, compared to its peers like PTC India, which has a much lower PE ratio of 9.02.

As of 12 February 2024, Wires & Fabriks has moved from a very attractive to an attractive valuation grade. The company is currently considered overvalued based on its high PE ratio of 42.84, which significantly exceeds the industry average. Additionally, the EV to EBITDA ratio stands at 10.78, further indicating a premium valuation compared to peers. The ROE is notably low at 2.98%, raising concerns about profitability relative to its equity base.<BR><BR>In comparison to its peers, Wires & Fabriks' valuation metrics are starkly higher than those of PTC India, which is very attractive with a PE ratio of 9.02 and an EV to EBITDA of 4.14. Other peers like MMTC and Elitecon International are categorized as risky and very expensive, respectively, but their valuations still highlight the premium Wires & Fabriks commands. The company's recent stock performance has outpaced the Sensex, with a 1-year return of 37.80% compared to the Sensex's 7.58%, which may suggest strong market sentiment but does not mitigate the overvaluation concern.

What is the technical trend for Wires & Fabriks?

As of June 6, 2025, Wires & Fabriks shows a neutral technical trend with mixed signals: the weekly MACD is bullish, the monthly MACD is mildly bearish, and Bollinger Bands indicate upward momentum, while daily moving averages are mildly bearish.

As of 6 June 2025, the technical trend for Wires & Fabriks has changed from mildly bullish to sideways. The weekly MACD remains bullish, while the monthly MACD is mildly bearish, indicating mixed signals across time frames. The Bollinger Bands are mildly bullish on both the weekly and monthly charts, suggesting some upward momentum. However, the daily moving averages are mildly bearish, which adds to the uncertainty. The KST shows a mildly bullish stance weekly but is mildly bearish monthly, further contributing to the sideways trend. Overall, the current technical stance is neutral, with strength indicated by the mixed signals from the MACD and Bollinger Bands.

Has Wires & Fabriks declared dividend?

Wires & Fabriks (S.A) Ltd has declared a 1% dividend, amounting to 0.1 per share, with an ex-date of July 16, 2024. The company has shown significant total returns over various periods, particularly in the long term.

Wires & Fabriks (S.A) Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 16 Jul 24<BR><BR>Dividend Yield: 0.05%.<BR><BR>Total Returns by Period:<BR>Over the past 6 months, the price return was 0.2%, the dividend return was 0%, resulting in a total return of 0.2%.<BR><BR>In the last year, the price return was 40.82%, the dividend return was 0.06%, leading to a total return of 40.88%.<BR><BR>Over the past 2 years, the price return was 54.16%, the dividend return was 0.05%, culminating in a total return of 54.21%.<BR><BR>In the 3-year period, the price return was 145.08%, the dividend return was 0.12%, resulting in a total return of 145.2%.<BR><BR>For the 4-year period, the price return was 228.78%, the dividend return was 0.47%, leading to a total return of 229.25%.<BR><BR>Over the last 5 years, the price return was 321.51%, the dividend return was 0.85%, resulting in a total return of 322.36%.<BR><BR>Overall, Wires & Fabriks has declared a dividend, albeit a modest one, and the total returns over various periods show significant growth, particularly in the longer term, indicating a positive trend for the company.