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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of D P Wires Ltd

About the Company - D P Wires Ltd

D P Wires Ltd. is a Public Limited Listed company incorporated on 26/02/1998 and has its registered office in the State of Madhya Pradesh, India. Company’s Corporate Identification Number(CIN) is L27100MP1998PLC029523 and registration number is 029523. Currently Company is involved in the business activities of Manufacture of metal cable and other articles made of wire (except for electric transmission). Company’s Total Operating Revenue is Rs. 613.24 Cr. and Equity Capital is Rs. 13.57 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Steel - Wires16-18A, Industrial Estate, Ratlam Madhya Pradesh 457001info@dpkataria.in
http://www.dpwires.co.in
Management
NamePosition Held
Ms. Madhubala JainIndependent Director
Mr. Praveen KatariaManaging Director
Mr. Arvind KatariaWholeTime Director & CFO
Ms. Suhani KatariaNon Executive Director
Mr. Kanti Lal KatariaNon Executive Director
Ms. Anil Kumar MehtaIndependent Director

D P Wires Ltd. Share Price Update

Share PriceValue
Today₹518.75
Previous Day₹506.10

Basic Stock Data of D P Wires Ltd

Last Updated: April 6, 2024, 5:46 am

Market Cap 817 Cr.
Current Price 527
High / Low681/324
Stock P/E19.6
Book Value 137
Dividend Yield0.20 %
ROCE32.0 %
ROE23.9 %
Face Value 10.0

Data Source: screener.in

D P Wires Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales86.52143.55184.07142.35132.22160.34178.33200.42283.96344.29386.64265.93273.14
Expenses80.30132.51172.02131.54123.61148.43168.99189.50271.96332.23366.81250.26262.69
Operating Profit6.2211.0412.0510.818.6111.919.3410.9212.0012.0619.8315.6710.45
OPM %7.19%7.69%6.55%7.59%6.51%7.43%5.24%5.45%4.23%3.50%5.13%5.89%3.83%
Other Income0.881.170.070.300.570.611.260.551.111.772.561.473.35
Interest0.160.550.210.200.760.730.440.560.280.560.611.330.63
Depreciation0.450.550.750.530.570.640.740.770.780.891.020.961.01
Profit before tax6.4911.1111.1610.387.8511.159.4210.1412.0512.3820.7614.8512.16
Tax %16.49%31.86%25.63%26.20%23.95%24.39%25.90%24.85%25.06%24.88%27.41%25.19%25.49%
Net Profit5.427.578.307.665.978.436.997.619.039.3115.0611.119.06
EPS in Rs3.504.885.354.943.855.444.514.915.836.019.727.175.85

Last Updated: April 13, 2024, 8:21 am

D P Wires Ltd Quarterly Chart

D P Wires Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales7696931381591952073322844676131,2151,270
Expenses7492891341541861913062614345731,1611,212
Operating Profit24446916262333415558
OPM %2%4%4%3%4%5%8%8%8%7%7%5%5%
Other Income2111121223369
Interest2222231211223
Depreciation1111111222234
Profit before tax-02223715242232395560
Tax %8%13%26%20%24%29%34%28%25%26%25%26%
Net Profit-01122510171724294145
EPS in Rs-0.384.974.315.767.5517.316.3411.2410.7715.5418.7426.4628.75
Dividend Payout %0%0%0%0%0%0%0%0%0%0%5%4%

D P Wires Ltd Profit & Loss Yearly Chart

D P Wires Ltd Growth

Compounded Sales Growth
10 Years:29%
5 Years:42%
3 Years:62%
TTM:17%
Compounded Profit Growth
10 Years:34%
5 Years:33%
3 Years:35%
TTM:26%
Stock Price CAGR
10 Years:%
5 Years:51%
3 Years:73%
1 Year:52%
Return on Equity
10 Years:21%
5 Years:22%
3 Years:22%
Last Year:24%

D P Wires Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital22222214141414141414
Reserves141516182025516885109138178198
Borrowings13207824306233813231
Other Liabilities117422222326172423315868
Total Liabilities40453150688196122125154196251310
Fixed Assets6556888162323283132
CWIP0100000300000
Investments0000000000000
Other Assets34392645607388103102131168220278
Total Assets40453150688196122125154196251310

D P Wires Ltd Reserves and Borrowings Chart

D P Wires Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 5-061-22-12-538-12446
Cash from Investing Activity -001-1-30-3-9-1712-5-6
Cash from Financing Activity -5-1-616-21514-2143-15
Net Cash Flow0-1021-0-0-003325

D P Wires Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days628147646158465060495226
Inventory Days411732334761584342253517
Days Payable15219574936151317477
Cash Conversion Cycle887770405984908184708035
Working Capital Days105117785279891049181787638
ROCE %6%13%13%15%14%19%25%30%23%29%28%32%

D P Wires Ltd Financial Efficiency Indicators Chart

D P Wires Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters70.37%70.37%70.37%70.40%70.40%70.40%70.40%70.40%74.75%74.75%74.75%74.78%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.21%0.00%0.00%
Public29.62%29.62%29.62%29.60%29.60%29.60%29.60%29.60%25.25%25.03%25.25%25.20%
No. of Shareholders1,7123,1106,2814,9504,4664,9485,7306,2477,0238,98112,42816,811

D P Wires Ltd Shareholding Pattern Chart

No. of D P Wires Ltd Shareholders

This stock is not held by any mutual fund

D P Wires Ltd ROCE Trend

D P Wires Ltd EPS Trend

D P Wires Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)30.2321.4117.7512.3012.81
Diluted EPS (Rs.)30.2321.4117.7512.3012.81
Cash EPS (Rs.)32.7823.2319.3913.7413.85
Book Value[Excl.RevalReserv]/Share (Rs.)141.12111.8790.4172.6860.42
Book Value[Incl.RevalReserv]/Share (Rs.)141.12111.8790.4172.6860.42
Dividend / Share (Rs.)1.201.000.000.000.00
Revenue From Operations / Share (Rs.)895.72451.97343.99209.22244.28
PBDIT / Share (Rs.)44.8131.9926.3318.8420.06
PBIT / Share (Rs.)42.2630.1724.6917.4019.02
PBT / Share (Rs.)40.7828.6023.8916.4117.90
Net Profit / Share (Rs.)30.2321.4117.7512.3012.81
PBDIT Margin (%)5.007.077.659.008.21
PBIT Margin (%)4.716.677.178.317.78
PBT Margin (%)4.556.326.947.847.32
Net Profit Margin (%)3.374.735.155.875.24
Return on Networth / Equity (%)21.4219.1419.6216.9221.20
Return on Capital Employeed (%)29.7726.4726.5223.2130.28
Return On Assets (%)16.3114.8215.6613.3413.57
Long Term Debt / Equity (X)0.000.010.020.020.03
Total Debt / Equity (X)0.010.080.060.030.27
Asset Turnover Ratio (%)5.433.513.352.242.95
Current Ratio (X)3.694.014.664.222.52
Quick Ratio (X)2.852.883.733.161.82
Inventory Turnover Ratio (X)9.7911.6413.667.598.38
Dividend Payout Ratio (NP) (%)3.304.670.000.000.00
Dividend Payout Ratio (CP) (%)3.054.300.000.000.00
Earning Retention Ratio (%)96.7095.330.000.000.00
Cash Earning Retention Ratio (%)96.9595.700.000.000.00
Interest Coverage Ratio (X)30.2120.4232.5818.9917.91
Interest Coverage Ratio (Post Tax) (X)21.3814.6722.9513.4012.44
Enterprise Value (Cr.)461.72447.95147.8560.41118.14
EV / Net Operating Revenue (X)0.370.730.310.210.35
EV / EBITDA (X)7.5910.324.142.364.34
MarketCap / Net Operating Revenue (X)0.400.720.310.240.29
Retention Ratios (%)96.6995.320.000.000.00
Price / BV (X)2.582.921.190.711.19
Price / Net Operating Revenue (X)0.400.720.310.240.29
EarningsYield0.080.060.160.230.17

D P Wires Ltd Profitability Ratios (%)

D P Wires Ltd Liquidity Ratios

D P Wires Ltd Liquidity Ratios (%)

D P Wires Ltd Interest Coverage Ratios (%)

D P Wires Ltd Valuation Ratios

Fair Value of D P Wires Ltd Stock

Fair Value: 643.05

The stock is undervalued by 22.02% compared to the current price ₹527

Calculation basis:

  • Fair value = (P/E Ratio * (Return on Equity / 100) * Book Value) * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

*Investments are subject to market risks

Strength and Weakness of D P Wires Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 20.58%, which is a positive sign.
  2. The company has higher reserves (71.92 cr) compared to borrowings (14.46 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (204.77 cr) and profit (20.23 cr) over the years.
  1. The stock has a high average Working Capital Days of 82.33, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 71.50, which may not be favorable.

FAQ

What is the latest fair value of D P Wires Ltd?

The latest fair value of D P Wires Ltd is ₹643.05.

What is the Market Cap of D P Wires Ltd?

The Market Cap of D P Wires Ltd is 817 Cr..

What is the current Stock Price of D P Wires Ltd as on 06 April 2024?

The current stock price of D P Wires Ltd as on 06 April 2024 is 527.

What is the High / Low of D P Wires Ltd stocks in FY 2024?

In FY 2024, the High / Low of D P Wires Ltd stocks is ₹681/324.

What is the Stock P/E of D P Wires Ltd?

The Stock P/E of D P Wires Ltd is 19.6.

What is the Book Value of D P Wires Ltd?

The Book Value of D P Wires Ltd is 137.

What is the Dividend Yield of D P Wires Ltd?

The Dividend Yield of D P Wires Ltd is 0.20 %.

What is the ROCE of D P Wires Ltd?

The ROCE of D P Wires Ltd is 32.0 %.

What is the ROE of D P Wires Ltd?

The ROE of D P Wires Ltd is 23.9 %.

What is the Face Value of D P Wires Ltd?

The Face Value of D P Wires Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in D P Wires Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE