Wires & Fabriks

how big is Wires & Fabriks?

As of Jun 06, Wires & Fabriks (S.A) Ltd has a market capitalization of 67.00 Cr, categorizing it as a Micro Cap company, with recent net sales of 109.02 Cr and a net profit of 1.50 Cr over the latest four quarters.

Market Cap: As of Jun 06, Wires & Fabriks (S.A) Ltd has a market capitalization of 67.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 109.02 Cr. The sum of Net Profit for the same quarters is 1.50 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending Mar'24. The Shareholder's Funds are reported at 48.86 Cr, while the Total Assets amount to 154.26 Cr.

What does Wires & Fabriks do?

Wires & Fabriks (S.A) Ltd is a Micro Cap company in the Garments & Apparels industry, specializing in manufacturing technical textiles for paper machines. As of March 2025, it reported net sales of 27 Cr and a market cap of Rs 67 Cr.

Overview:<BR>Wires & Fabriks (S.A) Ltd is a company in the Garments & Apparels industry, classified as a Micro Cap, specializing in the manufacturing of technical textiles, specifically paper machine clothing.<BR><BR>History:<BR>Wires & Fabriks (S.A) Ltd was originally incorporated as Spinning Accessories Pvt Ltd in March 1957. The company transitioned to a Public Limited status and changed its name in 1985. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 27 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 67 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 45.00<BR>- Industry P/E: 52<BR>- Dividend Yield: 0.05%<BR>- Debt-Equity: 2.50<BR>- Return on Equity: 2.98%<BR>- Price to Book: 1.34<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

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.

Who are the peers of the Wires & Fabriks?

Peers of Wires & Fabriks include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shiva Mills, Vinny Overseas, Gokak Textiles, and Sambandam Spg. Wires & Fabriks has average management risk and a 1-year return of 12.28%, lower than Page Industries' 26.58% but higher than Vinny Overseas' -53.45%.

Peers: The peers of Wires & Fabriks are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shiva Mills, Vinny Overseas, Gokak Textiles, and Sambandam Spg.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent. Average management risk is present at Wires & Fabriks and Trident, while Below Average management risk is noted at Shiva Mills, Vinny Overseas, and Sambandam Spg. Growth is Excellent at K P R Mill Ltd and Average at Trent, while Below Average growth is seen at Page Industries, Vedant Fashions, Trident, Wires & Fabriks, Shiva Mills, Vinny Overseas, and Sambandam Spg. Capital Structure is Excellent at K P R Mill Ltd and Page Industries, while Good is noted at Trident and Shiva Mills, and Below Average at Wires & Fabriks, Vinny Overseas, Sambandam Spg, and Kamadgiri Fash.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Vinny Overseas has the lowest at -53.45%. Wires & Fabriks has a 1-year return of 12.28%, which is higher than Vinny Overseas but lower than Page Industries. Additionally, the six-month return is negative for Trent, Vedant Fashions, Shiva Mills, Vinny Overseas, Gokak Textiles, and Sambandam Spg.

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.

Who are in the management team of Wires & Fabriks?

As of March 2023, 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.

As of March 2023, the management team of Wires & Fabriks includes the following individuals:<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 encompasses a mix of executive and non-executive roles, with a focus on both management and independent oversight.

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%.

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.

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

The next results date for Wires & Fabriks (S.A) Ltd is 28 May 2026.

The next results date for Wires & Fabriks (S.A) Ltd is scheduled for 28 May 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.

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

As of 31-May, Wires & Fabriks (S.A) Ltd's stock price is at 153.85, reflecting a slight decline and an overall year-to-date drop of 11.20%. The stock has underperformed compared to the Sensex and shows bearish trends with decreased investor participation and erratic trading patterns.

As of 31-May, Wires & Fabriks (S.A) Ltd is experiencing a slight decline in its stock price, currently at 153.85, which reflects a change of -0.05 or -0.03%. This decrease is part of a broader trend, as the stock has fallen by 11.20% year-to-date and 31.59% over the past year, indicating a significant downturn in its performance compared to the Sensex, which has only decreased by 12.26% in the same timeframe.<BR><BR>In the short term, the stock has underperformed the benchmark Sensex over the past week, with a decline of 6.67% compared to the Sensex's drop of 0.85%. Additionally, the stock's performance today has shown erratic trading, having not traded on 2 out of the last 20 days, which may contribute to investor uncertainty. Furthermore, there has been a notable decrease in investor participation, with delivery volume on 26 May falling by 29.69% against the 5-day average. <BR><BR>While the stock is currently higher than its 50-day moving average, it remains below its 5-day, 20-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. Overall, these factors indicate that Wires & Fabriks (S.A) Ltd is facing challenges that are contributing to its falling stock price.

Which are the latest news on Wires & Fabriks?