PLAZACABLE
Plaza Wires financials
- Market cap
- ₹263 Cr
- Sector
- Capital Goods
What Plaza Wires does
Plaza Wires manufactures and sells electrical wires and cables and separately sells and markets LT aluminium cables and fast-moving electrical goods (FMEG) such as fans, water heaters, switches, switchgear, PVC self-adhesive electrical tape and PVC conduit pipes. Products are sold under the flagship 'Plaza Cables' brand and value brands 'Action Wires' (a house-wire line launched in 2021 for the economical price range) and 'PCG'. The company runs manufacturing at Baddi and a newly commissioned unit at Barotiwala, both in Himachal Pradesh, and distributes through branch offices and a representative network spanning northern and other parts of India.
Segments
- Wires & Cables
- Fast Moving Electrical Goods (FMEG)
- Manufacturing facilities
- 2 (Baddi & Barotiwala, Himachal Pradesh)
- Branch offices
- 6 (Dehradun, Kerala, Punjab, Ghaziabad, Mumbai, Sikandrabad)
- Sales representative locations
- 18 cities across India
- Product brands
- 3 (Plaza Cables, Action Wires, PCG)
- Quality certifications
- ISO 9001:2015, ISO 14001:2015, BIS licence CM/L-9600088817
Quarterly results
Q1 FY27: revenue up 38.1%, net profit up 316.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48 | 50 | 73 | 65 | 75 +56% | 66 +34% | 112 +52% | 90 +38% |
| EBITDA | 1 | 2 | 3 | 3 | 2 +108% | 4 +138% | 7 +110% | 8 +190% |
| Net profit | 0 | 0 | 2 | 1 | 1 +225% | 2 +757% | 4 +114% | 5 +317% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +12.6% 1Y
1Y: ₹55.93 on 10 Sept 2025 → ₹62.97. High ₹62.97 (11 Sept 2026), low ₹28.18 (30 Mar 2026).
Financials, as filed
Revenue grew 26.5% a year over 2 years, FY24 to FY26. Operating margin held at 4.9%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹199 Cr | ₹218 Cr | ₹318 Cr |
| Operating profit | ₹10 Cr | ₹8 Cr | ₹16 Cr |
| Operating margin | 5.0% | 3.6% | 4.9% |
| Interest | ₹4 Cr | ₹3 Cr | ₹3 Cr |
| Depreciation | ₹1 Cr | ₹2 Cr | ₹3 Cr |
| Net profit | ₹4 Cr | ₹3 Cr | ₹7 Cr |
| Net margin | 1.9% | 1.3% | 2.3% |
| Cash from operations | ₹-27 Cr | ₹11 Cr | ₹4 Cr |
| Free cash flow | ₹-32 Cr | ₹-12 Cr | ₹-4 Cr |
| ROCE | 7.0% | 4.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹4 Cr | ₹31 Cr | ₹31 Cr | ₹44 Cr | ₹44 Cr | ₹44 Cr |
| Reserves | ₹36 Cr | ₹15 Cr | ₹23 Cr | ₹76 Cr | ₹80 Cr | ₹86 Cr |
| Borrowings | ₹44 Cr | ₹40 Cr | ₹40 Cr | ₹41 Cr | ₹34 Cr | ₹32 Cr |
| Other liabilities | ₹16 Cr | ₹18 Cr | ₹19 Cr | ₹12 Cr | ₹17 Cr | ₹21 Cr |
| Total liabilities | ₹99 Cr | ₹104 Cr | ₹112 Cr | ₹173 Cr | ₹175 Cr | ₹183 Cr |
| Fixed assets | ₹20 Cr | ₹23 Cr | ₹23 Cr | ₹26 Cr | ₹48 Cr | ₹54 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹79 Cr | ₹81 Cr | ₹86 Cr | ₹144 Cr | ₹123 Cr | ₹128 Cr |
| Total assets | ₹99 Cr | ₹104 Cr | ₹112 Cr | ₹173 Cr | ₹175 Cr | ₹183 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 8% to 43,919.
- Promoters
- 69.8%
- Public
- 30.2%
Since Jun 2025
- FIIs −0.04 pp
- Public +0.04 pp
- Promoters 0.00 pp
How it drifted, 11 quarters
Over this window the public went from 25.8% to 30.2% — +4.3 pp.
Ownership split by quarter, oldest first. Dec '23: Promoters 69.8%, FIIs 2.2%, DIIs 2.1%, Public 25.8%.Mar '24: Promoters 69.8%, Public 30.2%.Jun '24: Promoters 69.8%, FIIs 0.2%, DIIs 0.1%, Public 29.9%.Sep '24: Promoters 69.8%, FIIs 0.1%, DIIs 0.1%, Public 30.0%.Dec '24: Promoters 69.8%, FIIs 0.0%, DIIs 0.2%, Public 30.0%.Mar '25: Promoters 69.8%, FIIs 0.0%, DIIs 0.2%, Public 30.0%.Jun '25: Promoters 69.8%, FIIs 0.0%, Public 30.1%.Sep '25: Promoters 69.8%, Public 30.2%.Dec '25: Promoters 69.8%, FIIs 0.1%, Public 30.1%.Mar '26: Promoters 69.8%, FIIs 0.0%, Public 30.1%.Jun '26: Promoters 69.8%, Public 30.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Plaza Wires above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sanjay Gupta | 36.28% | unchanged |
| Sonia Gupta | 29.14% | unchanged |
| Plaza Wires & Electricals Private Liimited | 2.71% | unchanged |
| Abhishek Gupta | 1.65% | unchanged |
| Plaza Cables Electric Private Limited | 0.04% | unchanged |
| Aditya Gupta | 0.02% | unchanged |
| Plaza Power Solutions Private Limited | 0.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Plaza Wires
Guides on how to read this kind of business and the numbers that matter.