Geekay Wires Ltd. (GEEKAYWIRE) AI Stock Analysis

• Market Cap: ₹2.47B
• Dividend Yield: 1.02%
• Average Volume (3M): 155.55K
• Price to Earnings (P/E): 11.5
• Beta (1Y): 1.36
• Revenue Growth: 6.49%
• EPS Growth: -17.77%
• Country: IN
• Employees: 613
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Electrical Equipment & Parts
• EPS (TTM): 0.75
• Shares Outstanding: 104,520,000
• 10 Day Avg. Volume: 141,890
• 30 Day Avg. Volume: 155,550
• PEG Ratio: -1.90
• Price to Book (P/B): 2.84
• Price to Sales (P/S): 0.90
• P/FCF Ratio: -10.48
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹26.00 ▼(-15.31% Downside)
• Action: Reiterated Date: 02/14/26
• Date: Action: Reiterated 02/14/26

The score is primarily supported by strong growth and solid profitability/ROE, but it is held back by negative free cash flow and weak cash conversion. Technically, the stock is in a pronounced downtrend with very weak momentum, while valuation remains a key offset due to a low P/E and modest dividend yield.

Positive Factors

Strong Revenue Growth

Sustained TTM revenue growth of +43.3% indicates durable demand traction and successful scale-up of core wire products. Over the next 2–6 months this larger revenue base supports operating leverage, investment capacity and strengthens the company’s bargaining position with suppliers and customers.

Healthy Profitability and ROE

Gross and net margins alongside a ~21.9% ROE show the business converts sales into returns efficiently. This level of profitability supports reinvestment and signals competitive pricing or cost structure advantages that can persist, underpinning capital efficiency and shareholder returns over the medium term.

Manageable Leverage & Equity Expansion

A moderate debt-to-equity (~0.75) and an expanding equity base improve balance-sheet resilience and financing optionality. This structural strength reduces short-term solvency risk and gives the company scope to fund capex or working-capital needs without immediate refinancing stress.

Negative Factors

Weak Cash Generation

Operating cash conversion materially below earnings and consecutive negative free cash flow indicate working-capital strain or heavy reinvestment. Persisting weak cash generation reduces financial flexibility, can force external financing, and constrains durable capital allocation over the medium term.

Rising Absolute Debt

An increase in absolute indebtedness raises interest and rollover risk, particularly given weaker cash conversion. If sales or margins weaken, higher debt amplifies vulnerability to funding stress and limits strategic optionality, making the capital structure less robust over time.

Margin Volatility

Choppy margins and inconsistent net income versus revenue growth imply exposure to volatile input costs, pricing pressure or operational inefficiencies. This undermines earnings predictability and increases execution risk for sustaining profitability and ROE in the medium term.

Geekay Wires Ltd. Business Overview & Revenue Model

Company Description

Geekay Wires Limited manufactures and sells galvanized steel wires and nail products in India and internationally. The company offers barbad, chain link fence, welded wire mesh, ACSR core, earth, stay, hot dipped galvanized, binding, bright and black annealed, mild steel and high carbon drawn, welding electrode, hair clip, steel wool, umbrella rib, nail, spring, patented, stitching, poultry, spring steel, electrode, and fan wires. It also provides cable armour wire rounds and flats, steel tapes, and fasteners, as well as wire for wire ropes. In addition, the company offers wire-collated, common, D-head, full head plastic strip, and coil nails. It serves various clients covering a range of applications comprising power transmission, cable and conductor, general engineering, construction, etc. The company was incorporated in 1989 and is based in Hyderabad, India.

How the Company Makes Money

Geekay Wires Ltd. generates revenue primarily through the sale of its wire and cable products to various sectors. The company's key revenue streams include direct sales to construction companies, partnerships with electrical distributors, and contracts with industrial manufacturers. Additionally, GEEKAYWIRE may engage in custom projects that cater to specific client needs, allowing for premium pricing on specialized products. Strategic partnerships with suppliers and distributors enhance its market reach and contribute to consistent revenue growth.

Geekay Wires Ltd. Financial Statement Overview

Summary

Strong TTM revenue growth (+43.3%) with positive profitability (~16.8% gross margin, ~7.2% net margin) and strong ROE (~21.9%) support the score. However, weak cash conversion (operating cash flow to net income ~0.59) and negative free cash flow in TTM and FY2025 meaningfully raise funding and execution risk, keeping the score moderate.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew strongly (+43.3%), showing solid demand and scale-up. Profitability is healthy with ~16.8% gross margin and ~7.2% net margin, and operating profitability remains positive. Offsetting this, margins appear somewhat choppy versus recent annual periods (net income in TTM is below FY2025 despite similar revenue), suggesting volatility in costs/pricing or other expenses.

Balance Sheet

Leverage looks manageable with debt-to-equity around ~0.75 in TTM and equity base expanding versus earlier years, indicating improving balance-sheet resilience. Returns on equity are strong (about ~21.9% in TTM). The main watch-out is rising absolute debt versus prior years, which can increase risk if profitability or cash generation weakens.

Cash Flow

Cash generation is the weak spot: TTM operating cash flow is positive but modest relative to earnings (operating cash flow to net income ~0.59), and free cash flow is negative in TTM and FY2025, indicating heavy reinvestment and/or working-capital strain. While free cash flow improved materially from FY2025 to TTM (less negative), sustained negative free cash flow reduces financial flexibility and can pressure funding needs.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	4.55B	4.58B	4.12B	3.99B	2.58B	1.70B
Gross Profit	739.21M	535.29M	540.34M	851.10M	389.30M	290.52M
EBITDA	570.13M	629.95M	655.49M	473.21M	236.00M	177.86M
Net Income	307.27M	362.26M	385.30M	244.29M	89.95M	62.90M
Balance Sheet
Total Assets	3.35B	2.88B	2.32B	4.04B	2.00B	1.41B
Cash, Cash Equivalents and Short-Term Investments	24.19M	80.09M	81.56M	73.40M	98.50M	48.81M
Total Debt	1.33B	1.11B	732.21M	923.40M	1.09B	829.15M
Total Liabilities	1.70B	1.44B	1.23B	3.30B	1.48B	961.94M
Stockholders Equity	1.65B	1.45B	1.09B	736.30M	520.11M	450.00M
Cash Flow
Free Cash Flow	-311.69M	-392.22M	206.13M	336.00M	-125.20M	-241.35M
Operating Cash Flow	256.94M	141.93M	420.20M	525.20M	-81.00M	-159.32M
Investing Cash Flow	-568.63M	-531.24M	-213.95M	-215.10M	-44.20M	-82.04M
Financing Cash Flow	214.03M	180.26M	-414.58M	-342.00M	121.90M	215.49M

Geekay Wires Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 30.70
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GEEKAYWIRE, the sentiment is Negative. The current price of 30.7 is above the 20-day moving average (MA) of 26.44, above the 50-day MA of 29.20, and below the 200-day MA of 33.10, indicating a bearish trend. The MACD of -1.28 indicates Positive momentum. The RSI at 23.97 is Positive, neither overbought nor oversold. The STOCH value of 4.22 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GEEKAYWIRE.

Geekay Wires Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LAMBODHARA	69 Neutral	₹1.03B	13.04	―	0.42%	13.13%	-2.13%
MANOMAY	69 Neutral	₹4.05B	19.63	―	―	8.41%	8.81%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GEEKAYWIRE	60 Neutral	₹2.47B	11.48	―	1.02%	6.49%	-17.77%
JAIPURKURT	60 Neutral	₹641.07M	54.59	―	―	37.68%	-67.76%
BHANDARI	59 Neutral	₹1.22B	10.89	―	0.51%	2.92%	-0.09%
SUPERSPIN	42 Neutral	₹338.25M	9.82	―	―	-9.14%	-16.81%

Geekay Wires Ltd. Corporate Events

Geekay Wires Discloses Promoter Relative’s Purchase of 39,520 Shares

Geekay Wires Ltd. disclosed that Mrs. Ritika Kandoi, an immediate relative of a director and member of the promoter group, has purchased 39,520 shares of the company on the market, and this transaction has been formally intimated to the company and reported under SEBI disclosure regulations. The move slightly increases the promoter group’s stake and is being treated as a material event under listing and insider trading rules, reflecting ongoing compliance with regulatory transparency requirements for significant share dealings by insiders and their relatives.

Geekay Wires Discloses Promoter-Related Market Purchase of Shares

Geekay Wires Ltd. has disclosed a material event under securities regulations, informing the stock exchange that Mrs. Renu Kandoi, an immediate relative of a company director and part of the promoter group, has purchased 12,351 company shares on the market. The transaction, reported in compliance with SEBI’s listing and insider trading disclosure requirements, signals continued promoter-group interest in the company’s equity and reinforces transparency obligations toward investors and regulators.