D P Wires LimitedDPWIRESCorporate

Steel - Medium / Small Latest results: Dec 2023 2 quarters of data

₹204.11

MCap ₹316 Cr

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹252 Cr

Sales · Dec 2023

-26.8% YoY

₹7 Cr

Operating Profit · Dec 2023

-38.8% YoY

2.9%

OPM % · Dec 2023

-17.1% YoY

₹6 Cr

Net Profit · Dec 2023

-32.1% YoY

₹4.08

EPS · Dec 2023

-40.5% YoY

📝 D P Wires Limited — results explained

Quarter ended December 2023 (Q3 FY24)

D P Wires Limited reported revenue of ₹252 crore for the quarter ended December 2023 (Q3 FY24), down 26.8% from ₹344 crore in the same quarter last year.

Net profit fell 32.1% year-on-year to ₹6 crore, from ₹9 crore. Earnings per share (EPS) came in at ₹4.08.

Operating profit stood at ₹7 crore — an operating margin (OPM) of 2.9%, compared with 3.5% in the year-ago quarter.

Valuation snapshot

At the current price of ₹204.11, DPWIRES has a market capitalisation of ₹316 crore.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.78%, domestic institutional investors (DIIs) 0.04%, public shareholders 25.17% of D P Wires Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹316 Cr

Current Price ?

₹204.1

P/E ?

N/A

Industry P/E ?

20.50

P/B ?

1.18

P/S ?

N/A

P/FCF ?

9.04

Enterprise Value ?

₹318 Cr

EV/EBITDA ?

N/A

PEG ?

N/A

Earnings Yield ?

N/A

Dividend Yield ?

N/A

Profitability & Returns

Sales (TTM) ?

N/A

OPM ?

N/A

Profit after tax (TTM) ?

N/A

EPS (TTM) ?

N/A

ROCE ?

9.0%

ROE ?

N/A

ROA ?

N/A

Growth

Sales — latest qtr ?

₹252 Cr

PAT — latest qtr ?

₹6 Cr

YoY qtr sales growth ?

-26.8%

YoY qtr profit growth ?

-32.1%

Sales growth (3y) ?

N/A

Sales growth (5y) ?

N/A

Profit growth (3y) ?

N/A

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹2 Cr

Debt to Equity ?

0.01

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

74.78%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

16.7%

Return 6 months ?

11.0%

🗓️ Quarterly results (2 quarters · ₹ Cr)

same fiscal quarter as Dec bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2022	Dec 2023	YoY %	QoQ %
Sales	344	252	-26.8%	—
Operating Profit	12	7	-38.8%	—
Other Income	2	3	+56.4%	—
Interest	1	1	+24.0%	—
Depreciation	1	1	+12.7%	—
Profit Before Tax	12	9	-30.8%	—
Net Profit	9	6	-32.1%	—
EPS	6.86	4.08	-40.5%	—
OPM %	3.5%	2.9%	-17.1%	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Annual rollup not yet available We need at least 3 quarters of a fiscal year to compute annual figures. This symbol does not yet have a complete fiscal year in our database.

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	14	16	16	16	+0.0%
Reserves	178	211	233	251	+7.7%
Borrowings	2	1	28	2	-92.9%
Other Liabilities	58	35	22	20	-9.1%
Total Liabilities	251	262	299	289	-3.3%
Fixed Assets	31	32	32	22	-31.2%
CWIP	0	0	0	0	—
Investments	0	0	2	0	-100.0%
Other Assets	220	230	264	267	+1.1%
Total Assets	251	262	299	289	-3.3%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	46	24	52	28	-46.2%
Cash from Investing Activity	-6	-4	-120	27	+122.5%
Cash from Financing Activity	-15	-6	25	-26	-204.0%
Net Cash Flow	25	13	-43	28	+165.1%
Free Cash Flow	38	19	51	35	-31.4%
CFO/OP	104%	76%	226%	197%	-12.8%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	26	36	37	39	+5.4%
Inventory Days	17	12	19	9	-52.6%
Days Payable	7	9	5	2	-60.0%
Cash Conversion Cycle	35	39	50	47	-6.0%
Working Capital Days	38	52	50	72	+44.0%
ROCE %	32%	25%	12%	9%	-25.0%

👥 Shareholding (latest 6 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026	% Chg
Promoters	74.78%	74.78%	74.78%	74.78%	74.78%	74.78%	+0.0%
FIIs	0.00%	0.05%	0.00%	0.01%	—	—	—
DIIs	0.03%	0.03%	0.03%	0.03%	0.04%	0.04%	+0.0%
Public	25.18%	25.14%	25.18%	25.19%	25.17%	25.17%	+0.0%
No. of Shareholders	22,868	23,536	22,635	21,639	22,031	21,222	-3.7%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	NSLNISP NMDC Steel	₹42.65	12,499	135.8	13,939	84	10.8%	0.6%	60.4%	102.5%	8.8%	94.3%
2	MAHSEAMLES Maharashtra Seamless	₹713.65	9,563	13.0	4,620	737	15.0%	16.0%	-12.0%	-9.8%	-4.7%	15.7%
3	SUNFLAG Sunflag Iron	₹443.60	7,995	38.8	3,995	206	11.9%	5.1%	11.4%	25.0%	5.5%	4.8%
4	AEROFLEX Aeroflex Industries	₹565.00	7,477	109.5	503	67	23.4%	13.4%	17.3%	5.6%	73.1%	168.5%
5	TIIL Technocraft Industries	₹3,180.20	7,210	21.2	2,931	349	18.2%	11.9%	6.3%	11.6%	27.2%	67.3%
6	MANINDS Man Industries	₹865.65	6,493	31.5	3,875	204	13.7%	5.3%	1.7%	11.4%	41.9%	122.4%
7	GOODLUCK Goodluck India	₹526.15	5,247	8.7	4,404	210	10.0%	4.8%	4.2%	10.1%	30.9%	67.4%
8	BANSALWIRE Bansal Wire	₹308.10	4,823	9.0	4,388	531	8.5%	12.1%	18.6%	276.0%	24.4%	-47.9%
9	DEEDEV DEE Development	₹634.65	4,775	54.6	1,213	81	16.9%	6.6%	38.1%	78.8%	31.6%	22.4%
10	KSL Kalyani Steels	₹957.20	4,189	15.8	1,867	264	19.7%	14.2%	-6.9%	0.6%	4.9%	10.6%
11	VENUSPIPES Venus Pipes	₹1,962.30	4,065	39.1	1,211	104	16.3%	8.6%	21.7%	9.2%	16.1%	5.6%
12	VSSL Vardhman Special	₹398.45	3,852	26.9	1,807	144	10.6%	8.0%	-0.5%	31.9%	12.0%	105.9%
13	JTLIND JTL INDUSTRIES	₹87.38	3,435	28.8	2,314	122	8.2%	5.3%	11.5%	4.4%	32.7%	113.7%
14	RATNAVEER Ratnaveer Precision	₹343.70	2,885	42.6	1,119	67	18.2%	6.0%	19.8%	36.2%	18.9%	20.0%
15	INTERARCH Interarch Building	₹1,700.60	2,860	20.7	1,639	139	11.5%	8.5%	7.3%	28.6%	20.6%	0.9%
16	PENIND Pennar Industries	₹187.68	2,533	17.8	3,645	142	12.4%	3.9%	12.2%	15.7%	2.9%	10.7%
17	RAJRATAN Rajratan Global	₹457.40	2,322	29.1	1,228	80	12.3%	6.5%	23.8%	21.2%	28.9%	64.0%
18	PRAKASH Prakash Industries	₹117.24	2,100	6.7	3,474	313	15.0%	9.0%	-13.3%	-6.2%	-0.5%	-21.7%
19	MSPL MSP Steel	₹33.33	1,889	49.7	2,958	38	6.2%	1.3%	-2.1%	217.0%	16.2%	22.1%
20	MAHASTEEL Mahamaya Steel	₹1,115.00	1,832	183.1	943	10	2.6%	1.1%	10.1%	26.3%	29.3%	22.6%
21	HITECH Hi-Tech Pipes	₹75.00	1,520	20.3	4,821	75	3.8%	1.6%	36.9%	4.2%	78.5%	-4.2%
22	MANAKCOAT Manaksia Coated	₹130.80	1,395	32.3	897	41	9.4%	4.5%	13.2%	164.5%	4.9%	0.7%
23	STEELXIND STEEL EXCHANGE	₹10.36	1,321	40.3	1,029	31	13.0%	3.1%	-7.4%	2.6%	-10.1%	46.9%
24	MWL Mangalam Worldwide	₹42.77	1,270	22.9	1,292	55	9.5%	4.2%	13.9%	72.1%	13.7%	25.6%
25	DPWIRES D P	₹143.49	222	11.9	485	19	4.6%	3.9%	-22.6%	-20.8%	3.7%	31.9%

❓ Frequently asked questions

What was D P Wires Limited's revenue in Q3 FY24?