Plaza Wires Limited (PLAZACABLE) AI Stock Analysis

0 Followers

Plaza Wires Limited

(NSE:PLAZACABLE)

Select Model

Rating:63Neutral

Price Target:INR 55.00▲(3.13% Upside)

Action:reiterated

Date:09/06/26

The score is primarily weighed down by weak cash-flow quality (negative free cash flow and volatile operating cash flow) despite improving balance-sheet leverage and strong revenue momentum. Technically, the stock shows strong trend strength above major moving averages, but overbought indicators raise near-term volatility risk. Valuation is moderate-to-demanding at ~25x earnings with no dividend yield support provided.

Positive Factors

Accelerating Revenue GrowthAccelerating revenue growth indicates improving demand and greater scale across Plaza Wires’ electrical cable and wire markets. If sustained, this expansion can strengthen channel reach, support operating leverage, and provide a broader revenue base over the next several quarters.

Negative Factors

Persistent Negative Free Cash FlowSeveral consecutive years of negative free cash flow indicate that investment and/or working-capital needs are absorbing internally generated funds. If this persists, Plaza Wires may have less flexibility to self-finance expansion and could become more dependent on external funding.

Plaza Wires Limited (PLAZACABLE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 2.39B
Dividend Yield: ―
Average Volume (3M): 16.80K
Price to Earnings (P/E): 21.8
Beta (1Y): 0.98
Revenue Growth: 45.13%
EPS Growth: 227.16%
Country: India
Employees: 199
Sector: General
Sector Strength: 55
Industry: Electrical Equipment & Parts

Plaza Wires Limited Business Overview & Revenue Model

Company Description

Plaza Wires Limited, an Indian enterprise headquartered in New Delhi and established in 2006, is a manufacturer and distributor of various electrical goods. The company's product portfolio, primarily serving the Indian market, includes core electrica...

Plaza Wires Limited Financial Statement Overview

Summary

Strong, accelerating revenue growth and a meaningfully improved leverage profile support the score, but it is held back by uneven profitability/margin volatility and weak cash conversion with multiple years of negative free cash flow and volatile operating cash flow.

Income Statement

62Positive

Balance Sheet

72Positive

Cash Flow

38Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	3.43B	3.18B	2.18B	1.99B	1.82B	1.77B
Gross Profit	549.77M	465.17M	314.55M	445.09M	269.25M	232.01M
EBITDA	209.81M	160.25M	87.21M	110.13M	158.02M	133.50M
Net Income	107.21M	73.03M	28.84M	36.77M	75.10M	59.54M
Balance Sheet
Total Assets	0	1.83B	1.64B	1.73B	1.13B	1.05B
Cash, Cash Equivalents and Short-Term Investments	580.00K	580.00K	800.00K	335.12M	70.00K	90.00K
Total Debt	0	320.87M	252.07M	413.18M	397.24M	402.28M
Total Liabilities	-1.30B	531.44M	414.52M	532.52M	595.07M	591.26M
Stockholders Equity	1.30B	1.30B	1.22B	1.20B	530.77M	455.15M
Cash Flow
Free Cash Flow	-73.50M	-70.26M	-146.03M	-315.10M	4.69M	33.98M
Operating Cash Flow	-33.65M	12.11M	87.68M	1.73B	44.65M	77.73M
Investing Cash Flow	-37.30M	-80.84M	-223.07M	-31.84M	-39.96M	-42.27M
Financing Cash Flow	71.47M	68.80M	-161.11M	600.57M	-46.78M	-68.12M

Plaza Wires Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price53.33

Price Trends

50DMA56.97Negative

100DMA51.88Positive

200DMA46.49Positive

Market Momentum

MACD-1.25Negative

RSI49.01Neutral

STOCH44.98Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PLAZACABLE, the sentiment is Positive. The current price of 53.33 is above the 20-day moving average (MA) of 52.82, below the 50-day MA of 56.97, and above the 200-day MA of 46.49, indicating a neutral trend. The MACD of -1.25 indicates Negative momentum. The RSI at 49.01 is Neutral, neither overbought nor oversold. The STOCH value of 44.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PLAZACABLE.

Plaza Wires Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:PLAZACABLE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:FINCABLES	72Outperform	INR 188.36B	20.58	―	1.39%	41.17%	37.07%
IN:PRECWIRE	72Outperform	INR 77.02B	42.53	―	0.30%	46.02%	80.46%
IN:KEI	69Neutral	INR 382.82B	36.28	―	0.11%	25.18%	32.49%
IN:POLYCAB	67Neutral	INR 1.18T	37.77	―	0.59%	40.99%	28.09%
IN:PLAZACABLE	63Neutral	INR 2.27B	21.78	―	―	45.13%	227.16%
IN:RRKABEL	61Neutral	INR 222.77B	32.80	―	0.62%	45.36%	66.42%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:PLAZACABLE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:PLAZACABLE	Plaza Wires Limited	53.33	8.25	18.30%
IN:FINCABLES	Finolex Cables Limited	1226.10	442.53	56.48%
IN:KEI	KEI Industries Limited	4011.00	-96.69	-2.35%
IN:POLYCAB	Polycab India Ltd.	7933.20	246.53	3.21%
IN:PRECWIRE	Precision Wires India Limited	410.65	137.32	50.24%
IN:RRKABEL	RR Kabel Ltd.	1948.90	584.81	42.87%

Plaza Wires Limited Corporate Events

Plaza Wires files AGM voting results and scrutinizer report with exchanges

Oct 1, 2026

Plaza Wires Limited has disclosed that its 20th Annual General Meeting was held on September 29, 2026, at 12:30 p.m. via two-way video conferencing and other audio-visual means, underscoring the company’s continued use of virtual platforms for shareh...

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: Sep 06, 2026

Plaza Wires Limited AI Stock Analysis