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%.

Are Wires & Fabriks latest results good or bad?

Wires & Fabriks reported disappointing results for June 2025, with a 96.77% drop in net profit despite a 5.15% increase in net sales. While the company declared its highest dividend in five years, concerns about rising debt and profitability challenges overshadow this positive aspect.

Wires & Fabriks has reported disappointing financial results for the quarter ending June 2025. While there was a slight increase in net sales, growing by 5.15% compared to the previous quarter, the company's standalone net profit plummeted by a staggering 96.77%. This significant decline indicates serious profitability challenges.<BR><BR>On a positive note, the company declared a dividend per share of Rs 0.10, which is the highest it has distributed in the last five years, suggesting a commitment to returning value to shareholders despite the overall negative financial performance.<BR><BR>However, the financial health of the company raises concerns. Interest expenses have surged by over 102%, indicating a heavy reliance on debt, as reflected in a debt-equity ratio of 2.51 times, the highest in recent periods. Additionally, the decline in the debtors turnover ratio to 3.79 times suggests difficulties in collecting receivables, further complicating the company's financial situation.<BR><BR>In summary, while there are some positive aspects like the dividend declaration, the overall financial performance of Wires & Fabriks appears to be quite poor, marked by declining profitability and increasing debt levels.

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.

Should I buy, sell or hold 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 10 February 2026.

The next results date for Wires & Fabriks (S.A) Ltd is scheduled for 10 February 2026.

Which are the latest news on Wires & Fabriks?

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

As of 07-Feb, Wires & Fabriks (S.A) Ltd is facing a decline in stock price, currently at 150.25, reflecting a significant drop and underperformance compared to the sector and benchmark indices. The stock has hit a new 52-week low, with decreased investor participation and bearish trends across various moving averages contributing to its volatility.

As of 07-Feb, Wires & Fabriks (S.A) Ltd is experiencing a decline in its stock price, currently at 150.25, which reflects a change of -5.85 (-3.75%). This downward movement is supported by several factors. The stock has hit a new 52-week low of Rs.150.2 today, indicating a significant drop in value. Over the past week, the stock has underperformed the sector by -3.05% and has shown a substantial decline of -12.65% over the last week, while the benchmark Sensex has increased by +1.59%.<BR><BR>In terms of longer-term performance, the stock has decreased by -15.94% over the past month and -25.66% over the past year, contrasting sharply with the Sensex, which has gained +7.07% over the same period. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Investor participation has also diminished, with a significant drop in delivery volume of -90.63% compared to the 5-day average, suggesting a lack of confidence among investors. Furthermore, the stock has shown erratic trading patterns, not trading on 3 out of the last 20 days, which may contribute to its volatility and declining price. Overall, these factors collectively explain the falling price of Wires & Fabriks (S.A) Ltd.