Geekay Wires Ltd. (IN:GEEKAYWIRE)
:GEEKAYWIRE
Top Page
Geekay Wires Ltd.
(GEEKAYWIRE)
Select Model
Select Model
Rating:59Neutral
Price Target:
₹23.50
▼(-23.45% Downside)
Action:ReiteratedDate:04/08/26
The score is driven primarily by solid growth and profitability but materially constrained by weak cash conversion and negative free cash flow. Valuation is supportive with a modest P/E and a dividend, while technicals remain a headwind due to the stock trading below longer-term moving averages and a negative MACD.
Positive Factors
Revenue Growth
Sustained TTM revenue growth of +43.3% signals durable demand expansion and successful scaling of core wire products. Over 2-6 months this trend supports higher operating leverage, better supplier terms, and a stronger base for pursuing incremental market share in industrial and infrastructure channels.
Negative Factors
Weak Cash Conversion
OCF converting at ~59% of reported earnings shows earnings are not fully realized in cash. Persistently weak cash conversion constrains self-funding ability for capex, debt service, and dividends, and can force reliance on external financing during growth or volatility.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained TTM revenue growth of +43.3% signals durable demand expansion and successful scaling of core wire products. Over 2-6 months this trend supports higher operating leverage, better supplier terms, and a stronger base for pursuing incremental market share in industrial and infrastructure channels.
Read all positive factors
Geekay Wires Ltd. (GEEKAYWIRE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.57B
Dividend Yield1.02%
Average Volume (3M)155.55K
Price to Earnings (P/E)11.5
Beta (1Y)1.34
Revenue Growth6.49%
EPS Growth-17.77%
CountryIN
Employees613
SectorConsumer Defensive
Sector Strength42
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.75
Shares Outstanding104,520,000
10 Day Avg. Volume141,890
30 Day Avg. Volume155,550
Financial Highlights & Ratios
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 CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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 bl...
How the Company Makes Money
Geekay Wires Ltd. primarily makes money by selling manufactured steel wire products to customers (typically B2B buyers such as distributors, fabricators, and industrial users) and recognizing revenue upon dispatch/delivery as per contract terms. K...
Geekay Wires Ltd. Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
67
Positive
Cash Flow
38
Negative
| 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
Neutral
30.70
Price Trends
24.33
Negative
28.18
Negative
31.38
Negative
Market Momentum
-0.76
Negative
56.20
Neutral
73.42
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GEEKAYWIRE, the sentiment is Neutral. The current price of 30.7 is above the 20-day moving average (MA) of 20.92, above the 50-day MA of 24.33, and below the 200-day MA of 31.38, indicating a neutral trend. The MACD of -0.76 indicates Negative momentum. The RSI at 56.20 is Neutral, neither overbought nor oversold. The STOCH value of 73.42 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:GEEKAYWIRE.
Geekay Wires Ltd. Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹4.09B | 19.63 | ― | ― | 8.41% | 8.81% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
62 Neutral | ₹1.33B | 10.89 | ― | 0.51% | 2.92% | -0.09% | |
62 Neutral | ₹1.07B | 13.04 | ― | 0.42% | 13.13% | -2.13% | |
60 Neutral | ₹577.11M | 54.59 | ― | ― | 37.68% | -67.76% | |
59 Neutral | ₹2.57B | 11.48 | ― | 1.02% | 6.49% | -17.77% | |
46 Neutral | ₹254.10M | 9.82 | ― | ― | -9.14% | -16.81% |
* Consumer Defensive Sector Average
IN:GEEKAYWIRE
Geekay Wires Ltd.
24.55
-13.40
-35.31%
IN:BHANDARI
Bhandari Hosiery Exports Ltd
3.07
-1.19
-27.90%
IN:JAIPURKURT
Nandani Creation Ltd.
30.23
-18.84
-38.39%
IN:LAMBODHARA
Lambodhara Textiles Ltd.
103.00
-39.53
-27.73%
IN:MANOMAY
Manomay Tex India Ltd.
226.75
47.65
26.61%
IN:SUPERSPIN
Super Spinning Mills Limited
4.62
-6.05
-56.70%
Geekay Wires Ltd. Corporate Events
Geekay Wires files SEBI Regulation 74(5) compliance certificate with NSE
Apr 8, 2026
Geekay Wires Ltd. has notified the National Stock Exchange that it has received a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026 from its registrar and share tr...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.