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Geekay Wires Limited (GEEKAYWIRE) Fair Value & Analysis

Industrials · IN · Market cap ₹2.6B

GW Geekay Wires Limited GEEKAYWIRE · NSE
Price₹22.60
Fair Value₹48.97
Upside+116.7%
Quality45/100
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Expensive Growth
Thin margins · 6.8% net margin
Moderate debt · negative free cash flow
Ranks above peers (10/13)
Moderate moat 53/100
Evidence: High Range ₹36.73 – ₹65.19 Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 3 days ago

Share price −7.1% over the past month.

Below-average quality, screening 117% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (₹36.73). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

₹67.92 ₹5.44 Fair Value ₹48.97 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹5.44 – ₹67.92 · fair‑value band ₹36.73 – ₹65.19 · the ₹22.60 price screens below the ₹48.97 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Geekay Wires Limited (GEEKAYWIRE) currently trades at ₹22.60, while our model-based Fair Value estimate is ₹48.97, implying the stock looks roughly 116.7% undervalued today. The Quality Score stands at 45/100 (below-average 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, Geekay Wires Limited generated revenue of ₹4.4B at a net margin of 6.8%. Revenue declined 14.6% year over year. It earns a return on equity of 19.0%. Net debt stands at ₹1.4B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹36.73 (bear case) to ₹65.19 (bull case); at ₹22.60, the current price sits below 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 44% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -65% fair-value upside, at 117%, GEEKAYWIRE 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
Residual Income ₹18.47 ₹25.40 ₹99.77 76
ROIC Compounder ₹9.13 ₹11.86 ₹14.21 72
Gordon GGM ₹2.85 ₹5.69 ₹8.61 70
All 16 models by family
Earnings-Based
Graham-Dodd ₹19.59 ₹122.01 ₹170.36 54
Lynch FV ₹35.10 ₹50.15 ₹65.19 50
PEG = 1.0 ₹35.10 ₹50.15 ₹65.19 46
EPV ₹9.13 ₹11.86 ₹14.21 59
Dividend Discount
Gordon GGM ₹2.85 ₹5.69 ₹8.61 70
DDM Multi-Stage ₹2.85 ₹4.92 ₹6.00 61
Multiples
P/E Multiple ₹45.37 ₹60.49 ₹75.61 63
P/S Multiple ₹36.73 ₹48.97 ₹61.21 58
P/B Multiple ₹36.73 ₹48.97 ₹61.21 55
EV/EBIT ₹29.11 ₹41.53 ₹53.95 53
EV/EBITDA ₹29.04 ₹41.44 ₹53.84 54
EV/Revenue ₹18.45 ₹29.84 ₹41.24 43
Asset-Based
NCAV (Graham) ₹8.21 ₹11.01 ₹16.43 50
Economic Profit
Residual Income ₹18.47 ₹25.40 ₹99.77 76
ROIC Compounder ₹9.13 ₹11.86 ₹14.21 72
Growth Earnings
Growth-Adj P/E ₹50.22 ₹71.74 ₹93.26 68

Widest divergence: Growth Earnings (₹71.74) versus Dividend Discount (₹4.92). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹4.4B
Revenue growth (YoY) -14.6%
Net margin 6.8%
Return on equity 19.0%
Free cash flow −₹418M FY2026
P/E ratio 7.8
More key figures
Operating margin 10.2%
EPS (TTM) ₹2.88
EPS growth (YoY) -7.8%
Net debt ₹1.4B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 43 · Market factors (momentum, volatility) 32

Profitability 58
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 52
Balance sheet, leverage, solvency risk
Investment 50
Disciplined investing over empire-building
Low Volatility 69
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 82
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

Geekay Wires Limited manufactures and sells galvanized steel wires galvanized steel wires, steel nails and nuts, and bolts in India and internationally.

Full company description

Geekay Wires Limited manufactures and sells galvanized steel wires galvanized steel wires, steel nails and nuts, and bolts in India and internationally. The company offers galvanized steel wire products, which include barbed wires, chain link fences, and welded wire meshes for power industry; cable armour wire rounds and flats, steel tapes, and earth and stay wires for the infrastructure industry; hot dipped galvanized, binding, ACSR core, and bright and black annealed wires for general engineering applications; fasteners, such as nuts, bolts, and rivets, as well as mild steel drawn, high carbon drawn, and welding electrode wires. It also provides coil, D-head, full head plastic strip, and wire-collated-nails. In addition, the company offers stainless steel nuts and bolts containing haxagon head bolts and screws, round head square neck bolts, hexagon nuts, square nuts, etc. Its products are used in industrial, power transmission, cable and conductor, commercial construction, automotive industries, marine and mine industries, wind and solar power energy, and agriculture applications. The company was incorporated in 1989 and is headquartered in Hyderabad, India.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Geekay Wires Limited reported revenue of ₹4.4B in FY2026 versus ₹2.6B in FY2022, a compound +14.3%/yr. Reported net income was ₹301M in FY2026, compounding +35.3%/yr from FY2022.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹4.4B
Latest YoY
−3.8%
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.
+3.3%
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.
+21.0%
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.
+24.4%
Revenue +14.3%/yr
FY22 ₹2.6B
FY23 ₹4.0B
FY24 ₹4.1B
FY25 ₹4.6B
FY26 ₹4.4B
Net income +35.3%/yr
FY22 ₹90.0M
FY23 ₹244M
FY24 ₹385M
FY25 ₹362M
FY26 ₹301M
Character of growth · EPS growth decomposed (2015-2026) +30.4 % p.a.
Revenue per share +0.2 pp

of which total revenue +22.8 pp · buybacks/dilution −22.7 pp

EBIT margin +3.2 pp
Tax rate +0.6 pp
Residual (interest, one-offs) +26.4 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). "Geekay Wires Limited Fair Value". https://www.fairvalue-calculator.com/stock/GEEKAYWIRE

Peer Group

Electrical Equipment & Parts · 527 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 45 · Below median
Fair Value upside +117% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth -15% · Bottom 25%
Dividend yield (TTM) 1.3% · Above median
Debt / equity 0.51× · Higher than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 7.8× · Cheaper than 75% of peers
P/B 1.53× · Cheaper than median
P/S (TTM) 0.60× · Cheaper than 75% of peers
EV/EBITDA 6.1× · Cheaper than 75% of peers

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 100 · sector 0
FUTURE 0 · sector 57
PAST 76 · sector 26
HEALTH 75 · sector 97
DIVIDEND 26 · sector 23

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.

Similar stocks

10 more Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$652.50 HK$394.19 -40%
Delta Electronics (Thailand) Public Company DELTA 269.00 THB 40.28 THB -85%
LG Energy Solution, Ltd 373220 365,500 KRW 201,455 KRW -45%
WEG S.A WEGE3 14,900 ARS 4,338 ARS -71%
Sungrow Power Supply Co 300274 ¥117.53 ¥123.83 +5%
HD Hyundai Electric Co 267260 782,000 KRW 371,133 KRW -53%
LS ELECTRIC Co 010120 208,500 KRW 29,594 KRW -86%
Hyosung Heavy Industries Corporation 298040 2,892,000 KRW 1,013,099 KRW -65%
Hitachi Energy India Limited POWERINDIA ₹35,800 ₹6,106 -83%
Polycab India Limited POLYCAB ₹9,289 ₹3,218 -65%

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Frequently asked questions

Is Geekay Wires Limited (GEEKAYWIRE) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹48.97 versus a price of ₹22.60, about +117% (undervalued).
What is the fair value of GEEKAYWIRE?
Our model-based fair value for Geekay Wires Limited is ₹48.97 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹22.60.
What is the quality score of GEEKAYWIRE?
Geekay Wires Limited has a Quality Score of 45/100. 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 Geekay Wires Limited (GEEKAYWIRE)?
Geekay Wires Limited reported trailing-twelve-month revenue of about ₹4.4B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GEEKAYWIRE?
The net profit margin of Geekay Wires Limited is about 6.8%, meaning it keeps roughly 6.8% 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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