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As of 6 Nov 2026, D P Wires trades at 14.7× trailing earnings, below the industry P/E of 25.1×, and the shares are 28% below their 52-week high. It earns ROCE of 9.3% and ROE of 6.8%, and sales and net profit fell 27% and 25% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹275 Cr, ranked 42nd of 71 Metal Fabrication companies by market cap; the shares fell 20% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year
Open
₹180.00
Day high
₹181.00
Day low
₹174.00
Prev. close
₹185.17
Volume
32.8K

Health check

2 good · 4 to check
  • ReturnsBehind

    −20.1% over a year, better than 0 of 7 peers.

  • Price tagCheaper

    P/E 14.7 vs industry 25.1.

  • GrowthShrinking

    Sales −26.6%, profit −24.6% a year over 3 years.

  • ProfitabilityWeak

    ROCE 9.3% vs peer median 15.6%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 6 of 9.

  • Red flags1 to check

    Return on equity is low at 6.8%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Metal Fabrication

70 listed peers. Screen the industry

Small cap

₹275 Cr, #42 of 71 in its industry by size.

Defensive

Beta 0.29 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹485 Cr · profit ₹19 Cr
Market cap
₹275 Cr
Small cap
P/E
14.7
Industry 25.1
Price to book
1.03
Peers 7.00
Dividend yield
0.00%
ROE
6.8%
Peers 8.6%
ROCE
9.3%
Peers 15.6%
Debt to equity
0.01
Debt ₹2.47 Cr
EPS (TTM)
₹12.08
Face value ₹10
OPM (TTM)
3.6%
Net margin 3.9%
Sales growth
+3.7%
Latest quarter vs a year ago
Profit growth
+31.9%
Latest quarter vs a year ago
Price to sales
0.57
EV/EBITDA 13.9

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly profit up 31.9% on a year ago.
  • P/E of 14.7 against an industry P/E of 25.1.
  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Return on equity is low at 6.8%.

Derived automatically from reported figures. Not a recommendation.

About D P Wires

D.P. Wires Limited manufactures and supplies steel wires, plastic pipes, and plastic films for oil and gas, power, environment, civil, energy, automobile, infrastructure, and other industries in India and internationally. It operates through Wire Division, Plastic Division, Wind Mill Division, and Trading Division segments. The company offers LRPC strand wires, induction tempered wires, geomembrane sheets, and spring steel wires, as well as specialized…

Headquarters
Ratlam
Employees
48
Sector
Industrials
ISIN
INE864X01013

Price range

52 weeks

₹125.02₹247.00

Today

₹174.00₹181.00
Avg volume (3M)
79K
1-year return
minus 20.1%
From 52-week high
minus 28.3%

Peers · Metal Fabrication

Company
BHARATFORGBharat Forge1,740.00minus 0.74%85,029121.87.2315.6%6.7%14.7%9.7%26.9%0.49%plus 32.3%
INDOMIMINDO-MIM1,219.50minus 3.93%60,302101.120.9422.8%21.3%28.6%15.8%4.9%0.00%plus 64.4%
PTCILPTC Industries24,335.00plus 0.04%38,564290.623.737.9%8.6%24.6%40.7%57.8%0.00%plus 41.4%
ZETWERKZetwerk Manufacturing Businesses164.89minus 1.10%27,937–−2.47−13.0%−36.0%0.1%56.9%–0.00%plus 19.3%
HAPPYFORGEHappy Forgings1,694.50minus 10.00%15,99649.07.0018.9%15.2%30.6%9.8%13.1%0.24%plus 85.8%
RKFORGERamkrishna Forgings693.85minus 4.25%13,08768.43.514.7%5.6%17.1%10.5%−33.9%0.58%plus 35.6%
GRAVITAGravita India1,493.90minus 0.07%10,88327.34.1118.1%16.2%9.3%14.9%23.5%0.52%minus 15.4%
DPWIRESD P Wires177.21minus 4.30%27514.71.039.3%6.8%3.6%−26.6%−24.6%0.00%minus 20.1%
Median of 7 peers–−1.10%27,93784.77.0015.6%8.6%17.1%14.9%18.3%0.24%35.6%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26
12613095.3129131
12213091.8119127
3.80.13.59.84.1
3.0%0.1%3.7%7.6%3.1%
2.22.71.93.82.9
0.30.30.20.20.2
0.80.80.80.30.4
4.91.74.3136.4
26.2%29.3%21.5%27.8%25.4%
3.61.23.49.44.7
2.320.772.196.063.06

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−26.6%
Profit CAGR 3Y
−24.6%
EPS CAGR 3Y
−21.2%
ROE
6.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,214997620479
–minus 17.9%minus 37.8%minus 22.6%
1,156951593463
57.945.626.416.8
4.8%4.6%4.3%3.5%
5.7109.110.9
1.72.81.31
3.543.82.8
−3.1–−0.3−0.1
55.348.83023.9
25.9%25.5%25.9%26.5%
4136.322.217.6
–minus 11.5%minus 38.9%minus 20.8%
26.4623.4314.3311.34

EPS is shown as reported. The EPS CAGR above adjusts earlier years for the 8:7 on Nov 2023 split/bonus; dilution from new shares is not adjusted.

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
13.615.515.515.5
178211233251
2.11.127.92.5
57.835.122.520.1
251262299289
20.121.118.314
0006.1
–0.71222.6
30.844.23.729.2
200196154237
251262299289

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
45.523.651.828.1
−6.1−4.5−12026.6
−14.8−5.725.5−26.5
24.713.4−4328.2
−7.2−5−0.9−0.9
38.418.550.927.2
−1.4−1.6––

Shareholding pattern

Source: NSE filings
74.8%
promoters
  • Promoters74.78%
  • Public25.22%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202674.78%25.22%0.00
30 Jun 202674.78%25.22%0.00
31 Mar 202674.78%25.22%0.00
31 Dec 202574.78%25.22%0.00
30 Sep 202574.78%25.22%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you