DP Wires Ltd. (DPWIRES) AI Stock Analysis

DP Wires Ltd.

(NSE:DPWIRES)

Select Model

Rating:66Neutral

Price Target:INR 193.00▲(10.96% Upside)

Action:reiterated

Date:10/07/26

The score reflects a financially sound company with very low leverage and better cash generation, offset by pronounced revenue slowdown, compressed margins, and reduced returns on equity, while technical signals show a recently stretched price move and valuation appears only moderately attractive.

Positive Factors

Conservative Balance SheetVery low leverage reduces financial strain and preserves flexibility to fund operations, absorb weaker demand, or pursue productive investment. Growing equity provides an additional cushion, helping the company remain resilient while operating conditions and profitability fluctuate.

Negative Factors

Revenue ContractionA pronounced reduction in revenue signals weaker demand, lower volumes, or reduced realizations across the company’s served markets. Sustained top-line contraction can reduce plant utilization and operating leverage, making it harder to rebuild earnings without a recovery in sales.

DP Wires Ltd. (DPWIRES) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 2.75B
Dividend Yield: ―
Average Volume (3M): 77.59K
Price to Earnings (P/E): 14.4
Beta (1Y): 1.54
Revenue Growth: -13.87%
EPS Growth: 0.59%
Country: India
Employees: 48
Sector: General
Sector Strength: 55
Industry: Manufacturing - Metal Fabrication

DP Wires Ltd. Business Overview & Revenue Model

Company Description

D.P. Wires Ltd. is a global manufacturer and provider of steel wire products, plastic piping, and various plastic films. These materials are supplied to a wide array of industries, including oil and gas, power generation, environmental management, ci...

How the Company Makes Money

DP Wires Ltd. primarily makes money by manufacturing and selling steel wire and wire-based products to business customers (e.g., distributors, fabricators, contractors, and industrial users). Revenue is generated mainly from (1) sale of finished wire...

DP Wires Ltd. Financial Statement Overview

Summary

Strong, low-leverage balance sheet and improved cash conversion support resilience, but sharp revenue decline and lower margins have reduced returns on equity and overall earnings strength.

Income Statement

54Neutral

Balance Sheet

82Very Positive

Cash Flow

73Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	4.81B	4.81B	6.21B	10.07B	12.15B	6.13B
Gross Profit	373.42M	325.63M	426.84M	1.21B	1.36B	633.84M
EBITDA	258.82M	277.35M	351.96M	557.44M	608.06M	434.02M
Net Income	175.77M	175.77M	222.05M	363.16M	410.14M	290.53M
Balance Sheet
Total Assets	2.89B	2.89B	2.99B	2.62B	2.51B	1.96B
Cash, Cash Equivalents and Short-Term Investments	313.54M	313.54M	65.27M	442.20M	308.49M	61.37M
Total Debt	24.73M	24.73M	279.49M	10.69M	21.46M	131.81M
Total Liabilities	225.38M	225.38M	504.03M	361.45M	599.93M	442.47M
Stockholders Equity	2.66B	2.66B	2.48B	2.26B	1.91B	1.52B
Cash Flow
Free Cash Flow	170.31M	351.68M	562.37M	185.47M	383.92M	-29.52M
Operating Cash Flow	178.95M	360.99M	571.36M	235.64M	455.43M	44.84M
Investing Cash Flow	79.44M	176.00M	-1.27B	-60.88M	-60.78M	-47.96M
Financing Cash Flow	-263.57M	-254.80M	268.90M	-27.61M	-147.54M	29.29M

DP Wires Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price173.94

Price Trends

50DMA172.77Positive

100DMA174.42Negative

200DMA171.05Positive

Market Momentum

MACD0.16Positive

RSI44.35Neutral

STOCH18.56Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DPWIRES, the sentiment is Negative. The current price of 173.94 is below the 20-day moving average (MA) of 198.80, above the 50-day MA of 172.77, and above the 200-day MA of 171.05, indicating a neutral trend. The MACD of 0.16 indicates Positive momentum. The RSI at 44.35 is Neutral, neither overbought nor oversold. The STOCH value of 18.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DPWIRES.

DP Wires Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:DPWIRES against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:GANDHITUBE	86Outperform	INR 10.57B	14.40	―	1.68%	11.70%	13.23%
IN:DPWIRES	66Neutral	INR 2.77B	14.40	―	―	-13.87%	0.59%
IN:BHARATWIRE	59Neutral	INR 9.76B	16.41	―	―	-7.69%	-1.46%
IN:MANAKCOAT	56Neutral	INR 14.93B	33.37	―	0.03%	12.70%	4.68%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:MANAKSIA	55Neutral	INR 3.43B	5.63	―	―	4.27%	16.51%
IN:SKIPPER	48Neutral	INR 60.04B	24.72	―	0.02%	17.18%	38.22%

* General Sector Average

Performance Comparison

IN:DPWIRES and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:DPWIRES	DP Wires Ltd.	173.94	-57.67	-24.90%
IN:BHARATWIRE	Bharat Wire Ropes Ltd.	165.65	-42.40	-20.38%
IN:GANDHITUBE	Gandhi Special Tubes Limited	887.95	46.46	5.52%
IN:MANAKCOAT	Manaksia Coated Metals & Industries Ltd	148.05	-8.74	-5.57%
IN:MANAKSIA	Manaksia Limited	54.05	-12.65	-18.97%
IN:SKIPPER	Skipper Ltd	489.45	-25.46	-4.95%

DP Wires Ltd. Corporate Events

DP Wires Details Governance and Voting Processes at 28th AGM

Sep 30, 2026

DP Wires Ltd. held its 28th Annual General Meeting on September 30, 2026, at its registered office in Ratlam, Madhya Pradesh, with all directors, statutory auditors, the secretarial auditor and the scrutinizer in attendance and the requisite quorum c...

DP Wires Publishes Newspaper Notice for 28th AGM, Files Intimation with Exchanges

Sep 8, 2026

DP Wires Ltd. has notified the stock exchanges that it has published a newspaper advertisement giving notice of its 28th Annual General Meeting in English and Hindi dailies. The disclosure is made under SEBI’s Listing Obligations and Disclosure...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 07, 2026

DP Wires Ltd. AI Stock Analysis