Anawil Wire and Engineering Ltd

Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.

Anawil Wire and Engineering Ltd trades at ₹426, between stages. That is +14.5% against its own 200-day average. It sits at 49% of a 52-week range of ₹346 to ₹509. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (1 week and counting).

Today the stock is between stages. At ₹426 it trades +14.5% versus its 200-day average and sits at 49% of its 52-week range (₹346–₹509).

Against the market, two honest reads. Cumulative: over the last 1 months the stock moved +23% while the NIFTY 500 moved −7% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (1 week and counting; last ahead the week of 2026-09-30) — the ribbon below is that same metric, week by week.

What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.

Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.

Anawil Wire and Engineering Ltd trades at 29.0× P/E, against too little history to rank. Its long-run median P/E is 22.9×, measured across 0.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.

Today's P/E of 29.0× is against too little history to rank, against a long-run median of 22.9× measured over 0.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.

Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.

Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).

Anawil Wire and Engineering Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read.

Why it matters: with too little history, an honest page says so instead of guessing a trajectory.

Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.

Revenue Revenue is the top line: everything the company billed its customers in the period.

Anawil Wire and Engineering Ltd's latest quarterly revenue is not on file. Over 3 years it has compounded at 76.5% a year. The last full year, FY26, came in at ₹143 Cr.

FY26 revenue came in at ₹143 Cr (+83.3% on the year), capping 3 years at 76.5% compound. The latest quarter (undefined) printed null, null year on year.

Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.

A clean operating margin is not in our numbers for Anawil Wire and Engineering Ltd — its accounts do not report the operating-profit line this section reads, which is common for lenders and holding companies. The sections above and below carry the readings this company's filings do support.

This company's accounts do not report the operating-profit line this section reads — common for lenders and holding companies classified outside the financial bucket. The revenue and net-profit sections are the cleaner reads for Anawil Wire and Engineering Ltd.

Why: the numbers show the operating margin move clearly, but the cost lines behind it sit below what we hold — so we state the move without inventing its driver.

Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.

Anawil Wire and Engineering Ltd's latest quarterly profit is not on file. Full-year FY26 profit was ₹37.0 Cr. The 3-year compound rate is 94.9%.

On the full year, FY26 printed ₹37.0 Cr (+208.3%), and the 3-year compound rate is 94.9%.

Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.

Over the last 3 fiscal years 70% of Anawil Wire and Engineering Ltd's reported profit arrived as operating cash — most of the profit is real cash. In FY26 that was ₹18.0 Cr of operating cash against ₹37.0 Cr of profit. After ₹93.0 Cr of capital spending, ₹−75.0 Cr was left as free cash.

FY26: operating cash of ₹18.0 Cr against reported profit of ₹37.0 Cr, leaving free cash of ₹−75.0 Cr after ₹93.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 70% of profit.

Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.

Why conversion sits at 70%: the cash cycle stretched 168 days between FY23 and FY26 — more of each rupee of profit waits inside the cycle before arriving.

Router verdict: conversion is below par and the cash cycle has stretched 168 days — the next section's job is to find where the cash is stuck.

Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).

Anawil Wire and Engineering Ltd's cash conversion cycle runs 132 days in FY26, up from −36 days in FY23. Capital spending ran ₹106 Cr over the last 3 years. At FY26 sales of ₹143 Cr each day of that cycle holds about ₹0.4 Cr, so roughly ₹52.0 Cr sits inside the business at any moment.

FY26: debtors at 99 days, inventory at 409 days — roughly 13.5 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 132 days, looser than FY23's −36.

The full loop: cash goes out to suppliers and production on day 0; stock waits 409 days to sell; customers pay about 99 days after that; and suppliers themselves are paid at 376 days — netting out to the 132-day cycle.

In money terms: at FY26 sales of ₹143 Cr, each day of the cycle holds about ₹0.4 Cr — so the 132-day loop keeps roughly ₹52.0 Cr sitting inside the business at any moment.

On the investment side: capital spending of ₹106 Cr over the last 3 fiscal years against ₹32.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹6.0 Cr (FY26) — capacity paid for but not yet earning.

The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.

Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.

Anawil Wire and Engineering Ltd earns a ROCE of 32% in FY26. That is up from a trough of 15% in FY24. A return-on-invested-capital spread against the cost of capital is not computable from what is held here. The wiring behind it is 25.9% net margin on 0.49× asset turns.

FY26 ROCE is 32%, recovered from a FY24 trough of 15% — the full ladder below shows the fall and the climb, undoctored.

Why the return is what it is — the wiring (FY26): 25.9% net margin × 0.49× asset turns × 3.24× balance-sheet leverage ≈ 41.1% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.

Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.

Anawil Wire and Engineering Ltd carries ₹128 Cr of borrowings against ₹90.0 Cr of equity in FY26, a debt-to-equity of 1.42. Operating profit covers the interest bill 10×. Over 3 years borrowings went from ₹48.0 Cr to ₹128 Cr. Capital spending ran ₹106 Cr across the last 3 of those years.

FY26: borrowings of ₹128 Cr against equity of ₹90.0 Cr — a debt-to-equity of 1.42. Operating profit covers the interest bill 10×. Over 3 years borrowings went from ₹48.0 Cr to ₹128 Cr while capital spending ran ₹106 Cr in just the last 3 — part of the build-out is riding on borrowed money.

Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.

No holder of Anawil Wire and Engineering Ltd moved a full percentage point over the last two years — the register is quiet. The register is read on the four disclosed classes only; nothing is inferred between filings.

The register over the last two years — .

Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.

Anawil Wire and Engineering Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.

The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.

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