Geekay Wires Limited (GEEKAYWIRE)
₹29.44 +1.24% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Geekay Wires' revenue was ₹94.9 Cr (+3.5% year on year, -13.2% on the previous quarter), and net profit ₹5.8 Cr (-19.8% year on year); the operating margin was 5.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹94.9 | +3.5% | -13.2% |
| Operating profit | ₹5.6 | -9.9% | -37.1% |
| Net profit | ₹5.8 | -19.8% | -14.6% |
| EPS (₹) | 5.52 | — | +749.2% |
| Operating margin | 5.9% | — | — |
No EPS growth against Q1 FY26: ₹2 to ₹1 split in Oct 2025.
GEEKAYWIRE delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 51.23% of the GEEKAYWIRE shares traded on NSE were taken to delivery, against the stock's own 20-session average of 56.59%. That is close to its usual level. Turnover was only ₹17 lakh, so a handful of trades can move this figure. Volume was 0.2 times its average, well below normal.
Delivery in the last 5 sessions: 68.6% · 50.1% · 64.8% · 64.3% · 51.2%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Geekay Wires Limited has disclosed an insider trading transaction under Regulation 7(2) of SEBI PIT Regulations and Regulation 30. Mr. Subhash Chander, an immediate relative of a Director and member of the promoter group, sold 147 shares in the open market on NSE. The total value of the shares sold stands at ₹4,439. Given the negligible transaction size, it has zero impact on the overall shareholding or operations of the company.
- Promoter group relative Mr. Subhash Chander sold 147 shares
- Total transaction value reported is ₹4,439
- Transaction took place on the National Stock Exchange (NSE) market
- Filing submitted under Regulation 30 and SEBI Prohibition of Insider Trading regulations
Geekay Wires Limited held its 37th Annual General Meeting (AGM) on September 09, 2026, through video conferencing with 89 members attending. Key agenda items put to vote included adoption of FY26 audited financial statements, declaration of a final dividend, and appointment of M/S L B Reddy & Co as statutory auditors for a 5-year term. In addition, the reappointment of Whole-Time Director Anuj Kandoi and Independent Director Bhagwan Dass Bhankhor for a second 5-year term were tabled. Voting results will be disclosed once the scrutinizer's report is submitted.
- 37th Annual General Meeting conducted on September 09, 2026, lasting 35 minutes (10:30 AM to 11:05 AM)
- Total of 89 members attended the meeting via video conferencing
- Resolutions placed include adoption of FY26 financial statements and declaration of final dividend for FY26
- Proposal to appoint M/S L B Reddy & Co as statutory auditors for a term of 5 consecutive years
- Re-appointment of Independent Director Bhagwan Dass Bhankhor proposed for a 5-year consecutive term
Geekay Wires Limited announced that promoter group entity Mr. Ghanshyam Dass HUF acquired 4,126 equity shares through an open-market transaction. The disclosure was submitted under SEBI (Listing Obligations and Disclosure Requirements) Regulation 30 and SEBI Prohibition of Insider Trading regulations. With the stock trading around Rs 28, the acquisition value is nominal (approx. Rs 1.15 lakh) and has no meaningful impact on total promoter shareholding.
- Promoter group entity Mr. Ghanshyam Dass HUF acquired 4,126 shares via open market
- Filing submitted pursuant to SEBI PIT Regulation 7(2) and Regulation 30
- Transaction date reported as 31.08.2026
Geekay Wires Limited disclosed that promoter group entity Mr. Ghanshyam Dass HUF has acquired 6,968 equity shares through an open-market transaction. At the recent market price of Rs 24.7 per share, the transaction represents a minor value of approximately Rs 1.72 lakh. Promoter holding in the company stood at 59.77% as of March 2026. The intimation was made pursuant to Regulation 30 of SEBI LODR read with SEBI Prohibition of Insider Trading Regulations.
- Promoter group entity Ghanshyam Dass HUF purchased 6,968 equity shares on the open market
- Intimation submitted under Regulation 30 of SEBI LODR and SEBI PIT Regulation 7(2)
- Filing dated August 29, 2026
Geekay Wires Limited has disclosed that Mrs. Renu Kandoi, an immediate relative of a Director and part of the Promoter Group, received 5,44,000 equity shares of the company by way of a gift. The disclosure was submitted under Regulation 30 of SEBI LODR and Regulation 7(2) of SEBI Prohibition of Insider Trading regulations. As this represents an internal transfer via gift, it does not involve open market purchase or capital dilution.
- Mrs. Renu Kandoi acquired 5,44,000 equity shares of Geekay Wires Limited.
- The transaction was executed by way of a gift (off-market transfer).
- Acquisition was formally disclosed to the exchange on 24-08-2026 under SEBI PIT regulations.
Geekay Wires Limited has submitted an insider trading disclosure regarding its Managing Director and Promoter, Mr. Ghanshyam Dass. According to the filing under SEBI LODR Regulation 30 and SEBI PIT Regulation 7(2), Mr. Dass acquired 4,35,000 equity shares through a gift. As this is an internal transfer via gift rather than an open market purchase or primary capital infusion, it does not alter company cash flows or underlying fundamentals.
- Promoter and MD Ghanshyam Dass acquired 4,35,000 equity shares.
- Mode of acquisition is reported as a gift.
- Disclosure submitted under Regulation 30 and SEBI PIT Regulation 7(2) Form C on 20.08.2026.
Geekay Wires Limited has informed the exchanges that Mr. Ghanshyam Dass, Managing Director and Promoter, has acquired 4,35,000 shares of the company by way of a gift. The disclosure was submitted under Regulation 30 of SEBI LODR Regulations read with SEBI PIT Regulation 7(2). As of March 2026, overall promoter holding in the company stood at 59.77%. Because the shares were acquired via gift, there is no direct cash outflow or change in the company's capital base.
- Managing Director & Promoter Ghanshyam Dass acquired 4,35,000 equity shares.
- Mode of acquisition is designated as a gift (inter-se/family transfer).
- Filing submitted on August 20, 2026 under Regulation 30 and SEBI PIT Regulation 7(2).
Geekay Wires Limited has announced the resignation of Ms. Kirti Gupta from the role of Company Secretary & Compliance Officer (Key Managerial Personnel) effective 18 August 2026. The resignation is attributed to personal reasons and relocation to another place. Ms. Gupta confirmed that there are no other material reasons for stepping down. The company will need to appoint a successor to comply with statutory and listing regulations.
- Resignation tendered and effective on 18 August 2026
- Cessation covers roles of Company Secretary, Compliance Officer, and Key Managerial Personnel
- Reason cited as personal circumstances and relocation with no other material reasons confirmed
Geekay Wires Limited has convened its 37th Annual General Meeting (AGM) scheduled for September 09, 2026, to be held via video conferencing. Key business items include the adoption of FY26 audited financial statements and approval of the final dividend. Shareholders will also vote on the appointment of M/S L B Reddy & Co as Statutory Auditors for a 5-year term (FY27 to FY31) and the re-appointment of Independent Director Mr. Bhagwan Dass Bhankhor for a second 5-year term through January 2031.
- 37th AGM scheduled for September 09, 2026, at 10:30 AM IST via VC/OAVM
- Appointment of M/S L B Reddy & Co as Statutory Auditors proposed for 5 years (FY 2026-27 to FY 2030-31)
- Proposed re-appointment of Independent Director Mr. Bhagwan Dass Bhankhor for a 5-year second term until January 19, 2031
- Notice sent to members appearing in depositories as on September 02, 2026
Geekay Wires Limited has issued the notice for its 37th Annual General Meeting (AGM) scheduled for September 09, 2026, via Video Conference. Key agenda items include the adoption of FY26 audited financial statements, declaration of a final dividend, and the appointment of M/S L B Reddy & Co as Statutory Auditors for a 5-year term (FY27 to FY31). Shareholders will also vote on the re-appointment of Independent Director Mr. Bhagwan Dass Bhankhor for a second 5-year tenure expiring January 19, 2031.
- 37th Annual General Meeting scheduled for September 09, 2026, at 10:30 A.M. IST via VC/OAVM
- Appointment of M/S L B Reddy & Co as Statutory Auditors proposed for a 5-year term (FY 2026-27 to FY 2030-31)
- Re-appointment of Independent Director Mr. Bhagwan Dass Bhankhor proposed for a second 5-year term up to January 19, 2031
- Dispatch list cut-off date for AGM notice set as September 02, 2026
Geekay Wires has recommended a final dividend of ₹0.35 per equity share for the financial year 2025-26. The Board has fixed September 02, 2026, as the record date to determine shareholder eligibility for this payout, which represents a yield of approximately 1.5% at the current price of ₹22.9. The company also scheduled its 37th Annual General Meeting (AGM) for September 09, 2026. This announcement comes alongside the proposed re-appointment of two directors, including a Whole-time Director with 13 years of production experience.
- Recommended a final dividend of ₹0.35 per equity share for FY 2025-26.
- Fixed September 02, 2026, as the Record Date for dividend entitlement.
- 37th Annual General Meeting scheduled for September 09, 2026, via video conferencing.
- Proposed re-appointment of Mr. Anuj Kandoi as Director and Mr. Bhagwan Dass Bhankhor as Independent Director.
- H1 FY26 net profit margin reported at 6.95% on revenue of ₹223.63 Cr.
Geekay Wires Limited has recommended a final dividend of Rs 0.35 per equity share for the financial year 2025-26, representing an approximate 1.5% yield at the current price of Rs 22.9. The Board has fixed September 2, 2026, as the record date for determining shareholder eligibility for this payout. Additionally, the company's 37th Annual General Meeting (AGM) is scheduled for September 9, 2026. The Board also proposed the re-appointment of Mr. Anuj Kandoi as a Whole-time Director and Mr. Bhagwan Dass Bhankhor as an Independent Director for a second five-year term.
- Final dividend of Rs 0.35 per equity share recommended for FY 2025-26.
- Record date for dividend entitlement fixed as September 02, 2026.
- 37th Annual General Meeting (AGM) scheduled for September 09, 2026, at 10:30 AM.
- Re-appointment of Mr. Anuj Kandoi as Director with an annual remuneration of Rs 82,08,000.
- Re-appointment of Mr. Bhagwan Dass Bhankhor as Independent Director for a 5-year term starting January 20, 2026.
Geekay Wires has recommended a final dividend of ₹0.35 per equity share for FY 2025-26, representing a dividend yield of approximately 1.5% based on the current price of ₹22.9. The board approved the re-appointment of Mr. Anuj Kandoi as Whole-time Director with an annual remuneration of ₹82.08 lakhs. Additionally, Independent Director Mr. Bhagwan Dass Bhankhor has been proposed for a second five-year term starting January 2026. The 37th Annual General Meeting (AGM) is scheduled for September 9, 2026, with the record date for dividend eligibility set for September 2, 2026.
- Recommended a final dividend of ₹0.35 per equity share for the financial year 2025-26.
- Fixed September 2, 2026, as the record date for determining shareholder dividend eligibility.
- Approved the re-appointment of Mr. Anuj Kandoi as Whole-time Director with a remuneration of ₹82,08,000 per annum.
- Proposed the re-appointment of Independent Director Mr. Bhagwan Dass Bhankhor for a second 5-year term until January 2031.
- Scheduled the 37th Annual General Meeting for September 9, 2026, at 10:30 AM via video conferencing.
Geekay Wires has recommended a final dividend of Rs 0.35 per equity share for FY 2025-26, representing a dividend yield of approximately 1.5% based on the current price of Rs 23.1. The Board has fixed September 02, 2026, as the record date to determine shareholder eligibility. The 37th Annual General Meeting (AGM) is scheduled for September 09, 2026. Additionally, the board approved the re-appointment of Mr. Anuj Kandoi as Whole-time Director and Mr. Bhagwan Dass Bhankhor as an Independent Director for a second five-year term.
- Final dividend of Rs 0.35 per equity share recommended for the financial year 2025-26.
- Record date for dividend eligibility and e-voting cut-off fixed as September 02, 2026.
- 37th Annual General Meeting scheduled for September 09, 2026, via video conferencing.
- Re-appointment of Mr. Anuj Kandoi as Whole-time Director with an annual remuneration of Rs 82,08,000.
- H1 FY26 revenue stood at Rs 223.63 Cr with a net profit margin of 6.95%.
Geekay Wires Limited has recommended a final dividend of ₹0.35 per equity share for the financial year 2025-26, representing a yield of approximately 1.5% based on the current price of ₹23.1. The Board has fixed September 2, 2026, as the record date to determine shareholder eligibility. Additionally, the company approved the re-appointment of Mr. Anuj Kandoi as Whole-time Director and Mr. Bhagwan Dass Bhankhor as an Independent Director for a second 5-year term. The 37th Annual General Meeting (AGM) is scheduled for September 9, 2026.
- Recommended a final dividend of ₹0.35 per equity share for FY 2025-26.
- Fixed September 2, 2026, as the record date for dividend entitlement.
- Scheduled the 37th Annual General Meeting for September 9, 2026.
- Approved re-appointment of Mr. Anuj Kandoi as Whole-time Director for a 5-year term.
- Approved re-appointment of Mr. Bhagwan Dass Bhankhor as Independent Director for a second 5-year term (2026-2031).
Financial Performance
Revenue Growth by Segment
Total segment revenue for H1 FY26 was INR 223.63 Cr, representing an 8.16% decline from INR 243.51 Cr in H1 FY25. The Domestic segment revenue fell by 13.6% to INR 110.88 Cr, while the Foreign segment revenue grew by 13.5% to INR 105.05 Cr.
Geographic Revenue Split
The revenue split for H1 FY26 is 49.58% Domestic (INR 110.88 Cr) and 46.98% Foreign (INR 105.05 Cr), with the remainder coming from other income sources.
Profitability Margins
Net profit margin for H1 FY26 was 6.95% (INR 15.53 Cr profit on INR 223.63 Cr revenue), a decrease from the 7.90% margin (INR 19.23 Cr profit on INR 243.51 Cr revenue) recorded in H1 FY25.
EBITDA Margin
EBITDA for H1 FY26 was INR 24.71 Cr, a 24.6% decrease from INR 32.78 Cr in H1 FY25. The EBITDA margin contracted from 13.46% to 11.05% YoY.
Credit Rating & Borrowing
Total borrowings as of September 30, 2025, stood at INR 111.14 Cr (INR 32.81 Cr non-current and INR 78.33 Cr current). Finance costs for H1 FY26 were INR 4.59 Cr, down 17.4% from INR 5.56 Cr in H1 FY25.
Operational Drivers
Raw Materials
The company utilizes steel-based raw materials for its products, specifically Galvanized Steel Wire and Stainless Steel for nuts and bolts. Specific cost percentages per material are not disclosed.
Capacity Expansion
The company maintains robust infrastructure and testing facilities, though specific installed capacity in MT or planned expansion timelines are not disclosed.
Raw Material Costs
Raw material supply disruptions are identified as a key risk. Specific procurement costs as a percentage of revenue are not disclosed.
Strategic Growth
Growth Strategy
The company aims to achieve growth by maintaining its status as a preferred vendor for PGCIL and state transmission companies, ensuring a steady pipeline of infrastructure projects. It is also expanding its overseas presence, which saw a 13.5% YoY revenue increase. A stock split scheduled for October 30, 2025, is intended to improve market liquidity and broaden the investor base.
Products & Services
Galvanized Steel Wire, Wire Products, Collated Nails, and Stainless Steel Nuts & Bolts.
Brand Portfolio
Geekay Wires, Kandoi Group.
Market Expansion
The company is targeting overseas customers and has already received accolades from international markets, though specific new regions are not named.
External Factors
Industry Trends
The industry is evolving toward increased infrastructure creation for Power Transmission & Distribution. Geekay Wires is positioning itself as a niche manufacturer with BIS licenses to capture demand in both domestic and international markets.
Competitive Moat
The company's moat is its 'preferred-vendor' status with government entities like PGCIL, which requires rigorous quality standards and testing facilities that act as a barrier to entry. This status is sustainable due to the company's ISO 9001:2015 certification and BIS licenses.
Macro Economic Sensitivity
The company is sensitive to global economic conditions and infrastructure spending, particularly in the power transmission sector.
Geopolitical Risks
The Russia-Ukraine conflict is cited as a major risk factor impacting the global economy and potentially disrupting supply chains.
Regulatory & Governance
Industry Regulations
The company must adhere to BIS (Bureau of Indian Standards) licensing for its products and ISO 9001:2015 quality management standards.
Taxation Policy Impact
The effective tax rate for H1 FY26 was approximately 23.1% (INR 4.81 Cr current tax on INR 20.76 Cr profit before tax).
Risk Analysis
Key Uncertainties
Key business risks include raw material supply disruptions and the impact of the Russia-Ukraine conflict on global steel prices and logistics.
Geographic Concentration Risk
Revenue is well-distributed between Domestic (49.6%) and Foreign (47.0%) markets, reducing dependency on a single region.
Third Party Dependencies
The company is dependent on raw material suppliers for steel, and any disruption in this supply chain is a noted risk.
Technology Obsolescence Risk
The company does not perceive any major technological risks in the near future for its wire and nail manufacturing processes.
Credit & Counterparty Risk
Trade receivables stood at INR 150.31 Cr as of September 30, 2025, representing 67.2% of H1 FY26 revenue, which indicates significant credit exposure.
