Plaza Wires Limited (IN:PLAZACABLE)
:PLAZACABLE
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Plaza Wires Limited
(PLAZACABLE)
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Rating:55Neutral
Price Target:
₹48.00
▲(18.31% Upside)
Action:Reiterated
Date:06/01/26
The score is primarily constrained by weak cash-flow quality and uneven profitability despite strong recent revenue growth and a strengthened balance sheet. Technicals are mixed (near-term softness but longer-term support), while valuation is a headwind due to the high P/E and no dividend yield data.
Positive Factors
Revenue Growth
Sustained double-digit top-line expansion over recent fiscal years indicates improving demand and scale in core wiring products. Durable revenue growth supports capacity utilization, distributor relationships and reinvestment potential, reducing dependency on short-term cyclical upticks.
Negative Factors
Negative Free Cash Flow
Persistent negative free cash flow undermines internal funding capacity for capex, working capital and shareholder returns. Continued cash deficits increase reliance on external financing, raising cost of capital and constraining strategic flexibility over the next several quarters if not reversed.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained double-digit top-line expansion over recent fiscal years indicates improving demand and scale in core wiring products. Durable revenue growth supports capacity utilization, distributor relationships and reinvestment potential, reducing dependency on short-term cyclical upticks.
Read all positive factors
Plaza Wires Limited (PLAZACABLE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹2.06B
Dividend YieldN/A
Average Volume (3M)7.03K
Price to Earnings (P/E)28.1
Beta (1Y)1.25
Revenue Growth45.78%
EPS Growth152.95%
CountryIN
Employees192
SectorServices
Sector StrengthN/A
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.86
Shares Outstanding43,752,080
10 Day Avg. Volume12,582
30 Day Avg. Volume7,031
Financial Highlights & Ratios
PEG Ratio0.12
Price to Book (P/B)0.95
Price to Sales (P/S)0.39
P/FCF Ratio-17.54
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
Plaza Wires Limited Business Overview & Revenue Model
Company Description
Plaza Wires Limited, an Indian enterprise headquartered in New Delhi and established in 2006, is a manufacturer and distributor of various electrical goods. The company's product portfolio, primarily serving the Indian market, includes core electr...
How the Company Makes Money
Plaza Wires Limited primarily makes money by manufacturing wires and cables and selling these products to the market (typically through a mix of distributors/dealers/retail channels and direct institutional or project sales, depending on customer ...
Plaza Wires Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
72
Positive
Cash Flow
38
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.63B | 3.18B | 2.18B | 1.99B | 1.82B | 1.77B |
| Gross Profit | 429.45M | 465.17M | 314.55M | 445.09M | 269.25M | 232.01M |
| EBITDA | 104.42M | 156.79M | 87.21M | 110.13M | 158.02M | 133.50M |
| Net Income | 36.38M | 73.03M | 28.84M | 36.77M | 75.10M | 59.54M |
Balance Sheet | ||||||
| Total Assets | 1.75B | 1.83B | 1.64B | 1.73B | 1.13B | 1.05B |
| Cash, Cash Equivalents and Short-Term Investments | 1.35M | 580.00K | 800.00K | 335.12M | 70.00K | 90.00K |
| Total Debt | 337.43M | 320.87M | 252.07M | 413.18M | 397.24M | 402.28M |
| Total Liabilities | 509.00M | 531.44M | 414.52M | 532.52M | 595.07M | 591.26M |
| Stockholders Equity | 1.24B | 1.30B | 1.22B | 1.20B | 530.77M | 455.15M |
Cash Flow | ||||||
| Free Cash Flow | -73.50M | -70.26M | -146.03M | -315.10M | 4.69M | 33.98M |
| Operating Cash Flow | -33.65M | 12.11M | 87.68M | 1.73B | 44.65M | 77.73M |
| Investing Cash Flow | -37.30M | -80.84M | -223.07M | -31.84M | -39.96M | -42.27M |
| Financing Cash Flow | 71.47M | 68.80M | -161.11M | 600.57M | -46.78M | -68.12M |
Plaza Wires Limited Technical Analysis
Neutral
40.57
Price Trends
44.36
Positive
40.85
Positive
44.32
Positive
Market Momentum
0.44
Positive
50.10
Neutral
24.54
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PLAZACABLE, the sentiment is Neutral. The current price of 40.57 is below the 20-day moving average (MA) of 47.31, below the 50-day MA of 44.36, and below the 200-day MA of 44.32, indicating a neutral trend. The MACD of 0.44 indicates Positive momentum. The RSI at 50.10 is Neutral, neither overbought nor oversold. The STOCH value of 24.54 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:PLAZACABLE.
Plaza Wires Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹513.28B | 55.89 | ― | 0.09% | 20.83% | 27.47% | |
68 Neutral | ₹158.32B | 22.20 | ― | 1.04% | 18.84% | 1.84% | |
68 Neutral | ₹245.29B | 49.79 | ― | 0.49% | 27.62% | 57.80% | |
64 Neutral | ₹71.64B | 45.69 | ― | 0.48% | 35.38% | 70.41% | |
59 Neutral | ₹1.44T | 52.95 | ― | 0.46% | 29.08% | 32.16% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
55 Neutral | ₹2.06B | 28.11 | ― | ― | 45.78% | 152.95% |
* Services Sector Average
IN:PLAZACABLE
Plaza Wires Limited
47.00
-12.41
-20.89%
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Plaza Wires Limited Corporate Events
Plaza Wires Files Share Capital Reconciliation Report for March Quarter
Apr 14, 2026
Plaza Wires Limited has submitted its Reconciliation of Share Capital Audit Report for the quarter ended 31 March 2026, as required under Regulation 76 of the SEBI (Depositories and Participants) Regulations, 2018. The report, prepared by Sarika J...
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.