D P Wires Ltd Q1 FY24 Share Price & Earnings Call Analysis

Financials of D P Wires Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of D P Wires Ltd

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +344.29387.21265.93273.14253.79208.67183.46145.09154.56137.82126.14130.0595.28
Expenses +332.23366.81250.26262.69244.61195.05173.30139.13149.37132.84122.31129.9291.75
Operating Profit12.0620.4015.6710.459.1813.6210.165.965.194.983.830.133.53
OPM %3.50%5.27%5.89%3.83%3.62%6.53%5.54%4.11%3.36%3.61%3.04%0.10%3.70%
Other Income +1.771.991.473.351.100.910.642.863.072.332.202.661.85
Interest0.560.611.330.630.700.280.300.150.470.520.350.260.21
Depreciation0.891.020.961.011.001.080.930.940.960.950.800.830.84
Profit before tax12.3820.7614.8512.168.5813.179.577.736.835.844.881.704.33
Tax %24.88%27.41%25.19%25.49%26.34%25.36%24.87%22.12%27.53%30.82%26.23%29.41%21.71%
Net Profit +9.3115.0611.119.066.329.827.196.024.964.043.601.203.39
EPS in Rs6.019.727.175.854.086.344.643.883.202.612.320.772.19

Financials of D P Wires Ltd

Profit & Loss

Annual income statement trend

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +931381591952073322844676131,2161,003621489
Expenses +891341541861913062614345731,161953595477
Operating Profit4469162623334155502612
OPM %4%3%4%5%8%8%8%7%7%5%5%4%3%
Other Income +1112122335599
Interest2223121122311
Depreciation1111122223443
Profit before tax2237152422323955493017
Tax %26%20%24%29%34%28%25%26%25%26%26%26%
Net Profit +1225101717242941362212
EPS in Rs4.315.767.5517.316.3411.2410.7715.5418.7426.4623.4314.327.89
Dividend Payout %0%0%0%0%0%0%0%0%5%4%0%0%

Financials of D P Wires Ltd

Balance Sheet

Capital structure and asset base

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital2222141414141414161616
Reserves16182025516885109138178211233238
Borrowings +782430623381321282
Other Liabilities +4222223261724233158352218
Total Liabilities3150688196122125154196251262299274
Fixed Assets +568881623232831323231
CWIP0000030000000
Investments0000000000027
Other Assets +2645607388103102131168220230264235
Total Assets3150688196122125154196251262299274

Financials of D P Wires Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +61-22-12-538-124462452
Cash from Investing Activity +1-1-30-3-9-1712-5-6-4-120
Cash from Financing Activity +-616-21514-2143-15-625
Net Cash Flow021-0-0-00332513-43
Free Cash Flow6-1-50-13-1238-3-3381951
CFO/OP165%23%-21%41%-43%19%183%-10%34%104%76%226%

Financials of D P Wires Ltd

Ratios

Working capital efficiency and return ratios

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days476461584650604952263637
Inventory Days323347615843422535171219
Days Payable957493615131747795
Cash Conversion Cycle704059849081847080353950
Working Capital Days785254589870807469385250
ROCE %13%15%14%19%25%30%23%29%28%32%25%12%