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D.P. Wires Limited (DPWIRES) Fair Value & Analysis

Industrials · IN · Market cap ₹3.3B

DP D.P. Wires Limited DPWIRES · NSE
Price₹166.79
Fair Value₹192.77
Upside+15.6%
Quality60/100
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Weak Growth
Thin margins · 3.7% net margin
Low debt · generates free cash flow
Ranks above peers (11/13)
Narrow moat 36/100
Evidence: High Range ₹144.57 – ₹240.96 Share as image

Fair value as of: Aug 2, 2026

From 24 valuation models · updated 11 days ago

Share price −5.8% over the past month.

A solid business, screening 16% undervalued on our models.

What matters now

  • Our model range runs from ₹144.57 (bear) to ₹240.96 (bull), base ₹192.77. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 60/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹639.55 ₹90.63 Fair Value ₹192.77 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹90.63 – ₹639.55 · fair‑value band ₹144.57 – ₹240.96 · the ₹166.79 price screens below the ₹192.77 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

D.P. Wires Limited (DPWIRES) currently trades at ₹166.79, while our model-based Fair Value estimate is ₹192.77, implying the stock looks roughly 15.6% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, D.P. Wires Limited generated revenue of ₹4.8B at a net margin of 3.7%. Revenue declined 6.2% year over year. It earns a return on equity of 6.8%. The balance sheet holds a net cash position of ₹289M. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹144.57 (bear case) to ₹240.96 (bull case); at ₹166.79, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 46% below its 52-week high and 33% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -66% fair-value upside, at 16%, DPWIRES screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹281.20 ₹439.67 ₹682.30 80
Residual Income ₹135.46 ₹140.53 ₹144.59 76
Rev-Margin DCF ₹164.22 ₹232.11 ₹316.09 74
All 24 models by family
DCF Models
FCF DCF ₹280.66 ₹447.68 ₹709.32 38
Owner Earnings ₹164.09 ₹256.40 ₹400.99 31
5Y Revenue Exit ₹164.22 ₹229.65 ₹311.18 39
5Y EBITDA Exit ₹174.57 ₹249.97 ₹337.57 41
5Y P/E Exit ₹215.92 ₹331.19 ₹455.76 38
10Y Revenue Exit ₹201.35 ₹273.42 ₹369.45 36
10Y EBITDA Exit ₹210.55 ₹287.58 ₹390.06 37
10Y P/E Exit ₹236.83 ₹344.20 ₹482.38 35
Earnings-Based
Graham-Dodd ₹77.11 ₹298.69 ₹405.03 54
Lynch FV ₹73.18 ₹104.55 ₹135.91 50
PEG = 1.0 ₹73.18 ₹104.55 ₹135.91 46
EPV ₹67.74 ₹75.26 ₹81.76 59
Multiples
P/E Multiple ₹178.59 ₹238.12 ₹297.65 63
P/S Multiple ₹144.57 ₹192.77 ₹240.96 58
P/B Multiple ₹144.57 ₹192.77 ₹240.96 55
EV/EBIT ₹138.95 ₹178.57 ₹218.20 53
EV/EBITDA ₹128.53 ₹164.68 ₹200.83 54
EV/Revenue ₹104.92 ₹141.28 ₹177.64 43
Asset-Based
NCAV (Graham) ₹85.81 ₹114.98 ₹171.61 50
Growth DCF
Growth DCF ₹281.20 ₹439.67 ₹682.30 80
Rev-Margin DCF ₹164.22 ₹232.11 ₹316.09 74
Economic Profit
Residual Income ₹135.46 ₹140.53 ₹144.59 76
ROIC Compounder ₹67.74 ₹75.26 ₹81.76 72
Growth Earnings
Growth-Adj P/E ₹131.66 ₹188.09 ₹244.51 68

Widest divergence: DCF Models (₹273.42) versus Economic Profit (₹75.26). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹4.8B
Revenue growth (YoY) -6.2%
Net margin 3.7%
Return on equity 6.8%
Free cash flow ₹352M FY2026
P/E ratio 18.8
More key figures
Operating margin 7.3%
EPS (TTM) ₹11.34
EPS growth (YoY) +133%
Net cash ₹289M FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 62 · Market factors (momentum, volatility) 35

Profitability 45
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 69
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 81
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

D.P. Wires Limited manufactures and supplies steel wires, plastic pipes, and plastic films for oil and gas, power, environment, civil, energy, automobile, infrastructure, and other industries in India and internationally. It operates through Wire Division, Plastic Division, Wind Mill Division, and Trading Division segments.

Full company description

D.P. Wires Limited manufactures and supplies steel wires, plastic pipes, and plastic films for oil and gas, power, environment, civil, energy, automobile, infrastructure, and other industries in India and internationally. It operates through Wire Division, Plastic Division, Wind Mill Division, and Trading Division segments. The company offers LRPC strand wires, induction tempered wires, geomembrane sheets, and spring steel wires, as well as specialized steel wires. It also provides PE films, pond lining films, HDPE films, cap covers, wires, and others. In addition, the company is involved in the wind power generation and trading businesses. D.P. Wires Limited was founded in 1971 and is headquartered in Ratlam, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

D.P. Wires Limited reported revenue of ₹4.8B in FY2026 versus ₹6.1B in FY2022, a compound −5.9%/yr. Reported net income was ₹176M in FY2026, compounding −11.8%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
₹4.8B
Latest YoY
−22.6%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−26.6%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+0.6%
Avg. growth/yr (13Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+13.2%
Revenue −5.9%/yr
FY22 ₹6.1B
FY23 ₹12.2B
FY24 ₹10.1B
FY25 ₹6.2B
FY26 ₹4.8B
Net income −11.8%/yr
FY22 ₹291M
FY23 ₹410M
FY24 ₹363M
FY25 ₹222M
FY26 ₹176M
Character of growth · EPS growth decomposed (2015-2026) +25.7 % p.a.
Revenue per share +16.4 pp

of which total revenue +17.5 pp · buybacks/dilution −1.1 pp

EBIT margin +8.4 pp
Tax rate −2.2 pp
Residual (interest, one-offs) +3.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "D.P. Wires Limited Fair Value". https://www.fairvalue-calculator.com/stock/DPWIRES

Peer Group

Metal Fabrication · 248 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 60 · Top 25%
Fair Value upside +16% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 3% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth -6% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 18.8× · Cheaper than median
P/B 1.24× · Cheaper than median
P/S (TTM) 0.69× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 17.4× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 54 · sector 0
FUTURE 0 · sector 34
PAST 27 · sector 20
HEALTH 100 · sector 95
DIVIDEND 0 · sector 25

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

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Frequently asked questions

Is D.P. Wires Limited (DPWIRES) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹192.77 versus a price of ₹166.79, about +16% (undervalued).
What is the fair value of DPWIRES?
Our model-based fair value for D.P. Wires Limited is ₹192.77 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹166.79.
What is the quality score of DPWIRES?
D.P. Wires Limited has a Quality Score of 60/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of D.P. Wires Limited (DPWIRES)?
D.P. Wires Limited reported trailing-twelve-month revenue of about ₹4.8B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of DPWIRES?
The net profit margin of D.P. Wires Limited is about 3.7%, meaning it keeps roughly 3.7% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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