Plaza Wires (PLAZACABLE)₹51.25+0.99%Cables - Electricals
In the Mar 2026 quarter (standalone), Plaza Wires reported sales of ₹112 Cr, up 51.7% from Mar 2025, and net profit of ₹3.92 Cr, up 113.0% year on year. For the year to Mar 2026, sales were ₹319 Cr and net profit ₹7.02 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 48.40 | 48.19 | 50.30 | 52.71 | 47.43 | 48.04 | 49.82 | 73.74 | 65.63 | 74.97 | 66.74 | 112 |
| Expenses | 45.50 | 44.15 | 48.70 | 50.95 | 45.40 | 46.84 | 48.16 | 70.24 | 62.72 | 72.65 | 62.82 | 105 |
| Operating Profit | 2.81 | 3.95 | 1.48 | 1.70 | 1.92 | 1.07 | 1.58 | 3.36 | 2.73 | 2.21 | 3.75 | 7.03 |
| OPM % | 5.8% | 8.2% | 2.9% | 3.2% | 4.0% | 2.2% | 3.2% | 4.6% | 4.2% | 2.9% | 5.6% | 6.3% |
| Other Income | 0.10 | 0.04 | 0.34 | 0.67 | 0.37 | 0.16 | 0.10 | 0.24 | 0.19 | 0.06 | 0.03 | 0.11 |
| Interest | 1.19 | 1.19 | 0.93 | 0.98 | 0.88 | 0.64 | 0.71 | 0.65 | 0.65 | 0.72 | 0.63 | 1.05 |
| Depreciation | 0.34 | 0.38 | 0.39 | 0.39 | 0.42 | 0.44 | 0.47 | 0.60 | 0.75 | 0.75 | 0.76 | 0.76 |
| Profit before tax | 1.37 | 2.41 | 0.49 | 0.99 | 0.98 | 0.14 | 0.49 | 2.34 | 1.51 | 0.79 | 2.38 | 5.32 |
| Tax % | 26.5% | 35.4% | −4.2% | 35.7% | 29.9% | −23.1% | 56.3% | 21.5% | 28.7% | 33.3% | 24.5% | 26.4% |
| Net Profit | 1.01 | 1.56 | 0.51 | 0.64 | 0.70 | 0.17 | 0.22 | 1.84 | 1.09 | 0.53 | 1.81 | 3.92 |
| EPS (Rs) | 0.34 | 0.52 | 0.12 | 0.15 | 0.17 | 0.05 | 0.06 | 0.43 | 0.26 | 0.13 | 0.42 | 0.90 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 158 | 160 | 146 | 178 | 183 | 200 | 219 | 319 | 319 |
| Expenses | 145 | 148 | 134 | 164 | 167 | 190 | 210 | 303 | 303 |
| Operating Profit | 13.01 | 11.03 | 11.02 | 13.03 | 16.04 | 10.03 | 8.01 | 16.02 | 15.72 |
| OPM % | 8.0% | 7.0% | 7.0% | 7.0% | 9.0% | 5.0% | 3.6% | 4.9% | 4.9% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 0.00 | 0.39 |
| Interest | 3.98 | 3.98 | 3.99 | 2.99 | 3.98 | 3.99 | 2.99 | 2.99 | 3.05 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 3.01 | 3.02 |
| Profit before tax | 8.01 | 5.01 | 6.01 | 9.01 | 10.02 | 5.01 | 4.01 | 10.01 | 10.00 |
| Tax % | 16.0% | 27.0% | 28.0% | 31.0% | 27.0% | 30.0% | 26.0% | 27.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 7.02 | 4.02 | 4.01 | 6.02 | 8.02 | 4.02 | 3.01 | 7.02 | 7.35 |
| EPS (Rs) | 184.40 | 10.51 | 11.48 | 1.96 | 2.47 | 0.85 | 0.67 | 1.68 | 1.71 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.01 | 4.01 | 4.01 | 31.04 | 31.05 | 44.02 | 44.00 | 44.05 |
| Reserves | 27.06 | 31.08 | 36.05 | 15.04 | 23.04 | 76.00 | 78.02 | 86.07 |
| Borrowings | 32.97 | 36.98 | 43.96 | 39.98 | 39.95 | 40.94 | 24.94 | 31.95 |
| Other Liabilities | 25.94 | 16.95 | 16.02 | 17.91 | 18.91 | 11.94 | 15.93 | 20.89 |
| Total Liabilities | 88.98 | 89.02 | 99.04 | 104 | 112 | 173 | 164 | 183 |
| Fixed Assets | 19.96 | 19.96 | 19.95 | 22.95 | 22.96 | 25.95 | 48.87 | 53.87 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 3.01 | 3.01 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 70.02 | 68.06 | 79.09 | 81.02 | 85.98 | 144 | 115 | 128 |
| Inventories | 21.01 | 29.01 | 28.99 | 31.02 | 29.99 | 34.01 | 37.03 | 42.04 |
| Trade receivables | 42.13 | 30.07 | 47.14 | 44.10 | 52.11 | 60.13 | 62.12 | 76.25 |
| Cash & equivalents | 0.99 | 0.99 | 0.99 | 0.00 | 0.00 | 33.95 | 0.00 | 0.00 |
| Total Assets | 88.98 | 89.02 | 99.04 | 104 | 112 | 173 | 164 | 183 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 7.99 | 1.99 | −1.99 | 10.98 | 8.99 | −26.96 | 10.99 | 3.99 |
| Cash from investing activity | −2.01 | −1.01 | −1.01 | −4.01 | −4.01 | −3.01 | −22.03 | −8.02 |
| Cash from financing activity | −5.98 | 0.00 | 2.99 | −6.98 | −4.99 | 59.84 | −18.94 | 3.99 |
| Net cash flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 30.10 | −30.06 | 0.00 |
| Capex | 1.86 | 1.49 | 1.25 | 4.37 | 3.99 | 1.10 | 4.63 | 8.10 |
| Free cash flow | 6.02 | 0.00 | −3.01 | 7.02 | 5.01 | −32.11 | −12.03 | −4.01 |
| CFO / OP % | 63.1% | 34.1% | −7.0% | 95.0% | 69.1% | −232.9% | 150.1% | 34.1% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 98 | 69 | 117 | 92 | 104 | 110 | 104 | 87 |
| Inventory days | 64 | 87 | 92 | 81 | 77 | 78 | 77 | 60 |
| Days payable | 58 | 29 | 34 | 30 | 28 | 14 | 22 | 17 |
| Cash conversion cycle | 106 | 129 | 176 | 144 | 155 | 176 | 161 | 132 |
| Working capital days | 39 | 44 | 71 | 57 | 66 | 111 | 126 | 87 |
| ROCE % | — | 14.0% | 13.0% | 14.0% | 16.0% | 7.0% | 4.0% | 8.0% |
For the Mar 2026 quarter, Plaza Wires reported sales of ₹112 Cr, up 51.7% year on year and net profit of ₹3.92 Cr, up 113.0% year on year. The operating margin was 6.3%.
Plaza Wires' sales for the year to Mar 2026 were ₹319 Cr; over the last twelve months they were ₹319 Cr.
Net profit for the year to Mar 2026 was ₹7.02 Cr, and ₹7.35 Cr over the last twelve months. Earnings per share over the same trailing period were ₹1.71.
Plaza Wires reported borrowings of ₹31.95 Cr at Mar 2026, against cash and equivalents of ₹0 Cr.
Cash from operations was ₹3.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹4.01 Cr.