Vidya Wires Ltd
VIDYAWIRESVidya Wires Ltd is printing record margins on a fuller multiple. From here the earnings must do all the lifting.
The sharpest disagreement: profits are rising, but only −19% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a confirmed uptrend (18 weeks in) while the P/E sits at the 59th percentile of its own 1-year range. Underneath, the last four quarters read improving — profit +41.7% year on year, and −19% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
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.
Vidya Wires Ltd trades at ₹89.5, in a confirmed uptrend and 18 weeks into that stage. That is +17.9% against its own 200-day average. It sits at 70% of a 52-week range of ₹45 to ₹109. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (5 weeks and counting).
Today the stock is in a confirmed uptrend — week 18 of stage 2, confirmed. At ₹89.5 it trades +17.9% versus its 200-day average and sits at 70% of its 52-week range (₹45–₹109).
Against the market, two honest reads. Cumulative: over the last 8 months the stock moved +73% while the NIFTY 500 moved +0% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (5 weeks and counting; last ahead the week of 2026-07-10) — 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.
Story check
Vidya Wires Ltd's story is not scored yet against the markers our research file set on 27 June 2026. Where it sits in its own cycle: Not stated in the research file. Still open: A failure to achieve 50% utilization of the newly expanded capacity by the end of FY27, indicating weak demand or execution issues.
Our read, 27 June 2026. Capacity expansion and shift to margin-accretive EV and solar products sets up an earnings growth runway.
From the numbers. Cycle position cannot be confidently determined due to limited operating history data. The current PE sits at 36, but without a 10-year percentile history, a structural valuation judgment is premature.
From the price. Price stage 2, week 18 — above its 200-day line.
From the research. Capacity expansion and shift to margin-accretive EV and solar products sets up an earnings growth runway.
🚨 Where they disagree. Cycle position cannot be confidently determined due to limited operating history data. The current PE sits at 36, but without a 10-year percentile history, a structural valuation judgment is premature.
What is proven. Capacity expansion and shift to margin-accretive EV and solar products sets up an earnings growth runway.
What is not proven yet. A failure to achieve 50% utilization of the newly expanded capacity by the end of FY27, indicating weak demand or execution issues.
🚨 What would change our mind. A failure to achieve 50% utilization of the newly expanded capacity by the end of FY27, indicating weak demand or execution issues.
🚨 Layer 1 read, 19 July 2026 — DROP. Capacity is ramping and revenue is up, but profit isn't turning into cash and margins are still stuck at 4-5%. The ALCU doubling drove revenue from 364 to 599 Cr and net profit from 15 to 20 Cr, but three-year operating cash flow is negative (OCF/PAT -0.19) with working capital bloating +75% — the growth is being funded by working capital, not generating it. OPM remains at the historical 4-5% floor, so the EV/solar margin-expansion lever is still a promise, and management declined specific FY27 guidance.
What would change Layer 1’s mind. Two consecutive quarters of positive operating cash flow with OPM lifting off the 4-5% floor toward the promised value-added-mix range would confirm the ramp is generating real cash and flip this back to conviction-grade; conversely another quarter of negative OCF with WC still bloating, or capacity utilisation missing 40% by end-FY27, would break the thesis.
The test written in advance. A failure to achieve 50% utilization of the newly expanded capacity by the end of FY27, indicating weak demand or execution issues. — the thesis as written as stated by the next result.
What the company does. Vidya Wires executed a capacity doubling with its new ALCU plant, relieving past capacity constraints. A shift toward specialized products for EV and solar segments offers an avenue for margin improvement from historically thin levels. The primary constraint is execution of the volume ramp and managing high exposure to copper price volatility.
🚨 What the surface reading misses. The surface reading is: ROE of 17.8% is adequate. The research reads it further: Return profile is decent but constrained by thin operating margins.
🚨 What the surface reading misses. The surface reading is: Thin margins at 4-5% indicate low value addition. The research reads it further: Thin absolute margins expose the company to copper price volatility.
Sources: our stock research file (27 June 2026) · quarterly results through Jun 26 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Vidya Wires Ltd reported ₹550 Cr of revenue in the Jun 26 quarter, +33.5% year on year. That is the 4th straight quarter of year-on-year growth. Over 4 years it has compounded at 19.1% a year. The last full year, FY26, came in at ₹1,840 Cr. The last four reported quarters add to ₹1,978 Cr.
Why this happened. The new facility increases total capacity to approximately 37,680 metric tons, providing the necessary headroom for volume growth in FY27.
FY26 revenue came in at ₹1,840 Cr (+24.2% on the year), capping 4 years at 19.1% compound. The latest quarter (Jun 26) printed ₹550 Cr, +33.5% year on year — the 4th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +31.2% growth against the decade's 19.1% — the current year is running faster than its own long-run rate.
FY26-Q4. revenue ₹599 Cr and profit ₹20 Cr as reported.
FY27-Q1. revenue ₹550 Cr and profit ₹17 Cr as reported.
Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.
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.
Vidya Wires Ltd's operating margin is 4.0% in the Jun 26 quarter, −0.5 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the operating margin has ranged 3.4% to 4.7%. The current quarter sits inside that band.
The latest quarter's operating margin is 4.0%, −0.5 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged 3.4%–4.7%, and FY26's 4.7% is the top of that band — a record year.
🚨 Why the margin moved: operating margin went −0.5 pp year on year while gross margin went −1.0 pp — the loss came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
FY26-Q4. revenue ₹599 Cr and profit ₹20 Cr as reported.
FY27-Q1. revenue ₹550 Cr and profit ₹17 Cr as reported.
Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Vidya Wires Ltd earned ₹17.0 Cr of net profit in the Jun 26 quarter, +41.7% year on year. It is the 4th consecutive quarter of growth. Full-year FY26 profit was ₹58.0 Cr. The 4-year compound rate is 30.5%. That is 3.1% of the quarter's revenue. The same quarter a year earlier earned ₹12.0 Cr.
Jun 26 profit was ₹17.0 Cr, +41.7% year on year — the 4th consecutive quarter of growth. On the full year, FY26 printed ₹58.0 Cr (+41.5%), and the 4-year compound rate is 30.5%.
Why profit moved: revenue contributed +33.5% and the margin −0.5 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +39.2% vs revenue +31.2%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
FY26-Q4. revenue ₹599 Cr and profit ₹20 Cr as reported.
FY27-Q1. revenue ₹550 Cr and profit ₹17 Cr as reported.
Why-sources: our stock research file (27 June 2026) and the company’s own results for those quarters.
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 −19% of Vidya Wires Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−9.0 Cr of operating cash against ₹58.0 Cr of profit. After ₹103 Cr of capital spending, ₹−112 Cr was left as free cash.
FY26: operating cash of ₹−9.0 Cr against reported profit of ₹58.0 Cr, leaving free cash of ₹−112 Cr after ₹103 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −19% 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 −19%: the cash cycle held roughly steady between FY22 and FY26 — so conversion tracks profitability rather than the cycle. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: the bigger cash user is investment — capital spending ran 11.5× depreciation over three years, so the next section's job is to check what that build-out is buying.
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).
Vidya Wires Ltd's cash conversion cycle runs 64 days in FY26, up from 59 days in FY22. Capital spending ran ₹115 Cr over the last 3 years. At FY26 sales of ₹1,840 Cr each day of that cycle holds about ₹5.0 Cr, so roughly ₹323 Cr sits inside the business at any moment.
FY26: debtors at 40 days, inventory at 28 days — roughly 0.9 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 64 days, looser than FY22's 59.
The full loop: cash goes out to suppliers and production on day 0; stock waits 28 days to sell; customers pay about 40 days after that; and suppliers themselves are paid at 5 days — netting out to the 64-day cycle.
In money terms: at FY26 sales of ₹1,840 Cr, each day of the cycle holds about ₹5.0 Cr — so the 64-day loop keeps roughly ₹323 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹115 Cr over the last 3 fiscal years against ₹10.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹72.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
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.⚠ unverified
Vidya Wires Ltd earns a ROCE of 21% in FY26. That is up from a trough of 19% in FY23. Return on invested capital clears the cost of that capital by +0.7 percentage points, so growth here adds value rather than only size. The wiring behind it is 3.2% net margin on 3.04× asset turns.
FY26 ROCE is 21%, recovered from a FY23 trough of 19% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 3.2% net margin × 3.04× asset turns × 1.26× balance-sheet leverage ≈ 12.3% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 12.7% − 12.0% = a +0.7 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Positive but thin — value creation with little room for error.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Vidya Wires Ltd carries total debt of ₹85.0 Cr against shareholder equity of ₹480 Cr as of Mar 26, a debt-to-equity of 0.18 — effectively unlevered. On the annual view that ratio went from 0.88 in FY25 to 0.18 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹85.0 Cr against shareholder equity of ₹480 Cr — a debt-to-equity of 0.18. On the annual view, debt-to-equity went from 0.88 (FY25) to 0.18 (FY26). The returns on this page are earned, not borrowed.
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 Vidya Wires 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.
Vidya Wires 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.
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.
Vidya Wires Ltd trades at 30.4× P/E, mid-range by its own standards (59th percentile). Its long-run median P/E is 23.1×, measured across 0.7 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 30.4× is mid-range by its own standards (59th percentile), against a long-run median of 23.1× measured over 0.7 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).
Vidya Wires 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. The read is built from 4 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +24.2% | +22.1% | — | — |
| Profit | +41.5% | +38.1% | — | — |
| EPS | +6.7% | −63.1% | — | — |
4-Factor Sector Score
45.1/100 — rank 7 of 14 in Electric Equipment - General · 60% evidence confidence
Vidya Wires Ltd scores 45.1 out of 100 against the 14 companies it is compared with in Electric Equipment - General, ranking 7. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 15.8 + 9.2 + 10.1 + 10 = 45.1. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Said versus delivered
What Vidya Wires Ltd's management promised, set against what actually arrived — 3 tracked promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.
🚨 New Facility Full Capacity Ramp-Up Timeline Pushed Back · 14 May 2026. In the Dec 2025 call, management guided that manufacturing would commence by January/February 2026 and that full capacity would be reached 'in a phased manner, maybe another four or five months' from start-up, implying a complete ramp-up by approximately June-July 2026. In the May 2026 call, while manufacturing did start on February 7 as planned, full capacity is now expected only by 'September or October, or before Diwali' - roughly 8-9 months from the February start - representing a 3-4 month slip of approximately 50% against the original timeline, with no explanation provided for the delay.
Total Planned Capacity Target Reduced · 14 May 2026. In the Dec 2025 call, management explicitly stated total manufacturing capacity would expand to 37,680 metric tons per annum via its new subsidiary. In the May 2026 call, the total capacity target is stated as 35,000-36,000 metric tons and referred to as 'which was planned' - implicitly rewriting the prior commitment and representing a reduction of approximately 4-7% from the 37,680 figure given five months earlier. No acknowledgement of or explanation for this reduction was offered.
Receivable Days Target Revised Upward · 14 May 2026. In the Dec 2025 call, the CFO made a specific forward-looking commitment to reduce receivable days to 30 days. In the May 2026 call, actual debtor days stand at 41 days and the revised target is 'around 35 days' - 17% above the original 30-day commitment - with no acknowledgement of the prior target being abandoned. This directly softens the working capital efficiency trajectory and the free cash flow assumptions embedded in earlier guidance.
Every quote above is taken word for word from the company’s own earnings calls.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Emmvee Photovoltaic Power LtdEMMVEE | 73.0/100Favorable setup73% evidence | BREAKING OUT | 29.4/35 Revenue 84.1% · PAT 100% · OPM change 1 pp 100% evidence | 18.8/25 ROCE 44.8% · OPM 35% 100% evidence | 14.8/20 P/E 17.5× · PEG 0.92 65% evidence | 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence |
| Exact sum: 29.4 + 18.8 + 14.8 + 10 = 73 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Fujiyama Power Systems LtdUTLSOLAR | 56.1/100Mixed-positive evidence63% evidence | BREAKING OUT | 22.3/35 Revenue 95% · PAT 62.4% · OPM change 1 pp 100% evidence | 13.9/25 ROCE 29.4% · OPM 19% 100% evidence | 9.9/20 P/E 31.1× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence |
| Exact sum: 22.3 + 13.9 + 9.9 + 10 = 56.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Indosolar LtdWAAREEINDO | 50.3/100Mixed-positive evidence74% evidence | ASLEEP | 13.0/35 Revenue 7% · PAT -5.7% · OPM change 38 pp 95% evidence | 19.9/25 ROCE 124% · OPM 71% 95% evidence | 11.5/20 P/E 7.4× · PEG — 15% evidence | 5.9/20 RS sector -6.5% · RS bench -34.5% · 1Y -21.4%3 of 10 weeks ahead 70% evidence |
| Exact sum: 13 + 19.9 + 11.5 + 5.9 = 50.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4ABB India LtdABB | 50.1/100Mixed-positive evidence74% evidence | TURNING | 17.5/35 Revenue 10.2% · PAT 66.5% · OPM change -1 pp 71% evidence | 15.2/25 ROCE 29.9% · OPM 13% 76% evidence | 6.8/20 P/E 105× · PEG — 50% evidence | 10.6/20 RS sector -8.9% · RS bench 24.2% · 1Y 52.3%6 of 12 weeks ahead 100% evidence |
| Exact sum: 17.5 + 15.2 + 6.8 + 10.6 = 50.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Hindusthan Insulators & Industries Ltd539984 | 47.7/100Mixed-negative evidence67% evidence | ASLEEP | 24.3/35 Revenue 41.8% · PAT 100% · OPM change 32 pp 71% evidence | 7.4/25 ROCE 10.7% · OPM 38% 76% evidence | 11.0/20 P/E 13× · PEG — 15% evidence | 5.0/20 RS sector -38.8% · RS bench 85.2% · 1Y 10.2%1 of 12 weeks ahead 100% evidence |
| Exact sum: 24.3 + 7.4 + 11 + 5 = 47.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -38.8% and the one-year return is 10.2%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 6Saatvik Green Energy LtdSAATVIKGL | 45.8/100Mixed-negative evidence73% evidence | ASLEEP | 7.9/35 Revenue 46.5% · PAT -21.9% · OPM change -12.7 pp 100% evidence | 12.3/25 ROCE 32.9% · OPM 6.6% 100% evidence | 15.6/20 P/E 21.9× · PEG 0.65 65% evidence | 10.0/20 RS sector — · RS bench — · 1Y —5 of 12 weeks ahead 0% evidence |
| Exact sum: 7.9 + 12.3 + 15.6 + 10 = 45.8 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 7Vidya Wires Ltdthis pageVIDYAWIRES | 45.1/100Mixed-negative evidence60% evidence | ASLEEP | 15.8/35 Revenue 31.6% · PAT 40.9% · OPM change -0.5 pp 95% evidence | 9.2/25 ROCE 20.7% · OPM 4% 95% evidence | 10.1/20 P/E 30.4× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —8 of 12 weeks ahead 0% evidence |
| Exact sum: 15.8 + 9.2 + 10.1 + 10 = 45.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Prostarm Info Systems LtdPROSTARM | 43.1/100Mixed-negative evidence65% evidence | BASING | 14.4/35 Revenue 30.5% · PAT 19.1% · OPM change 1.4 pp 95% evidence | 10.4/25 ROCE 17.8% · OPM 8.5% 95% evidence | 10.3/20 P/E 22.2× · PEG — 15% evidence | 8.0/20 RS sector — · RS bench -17.4% · 1Y -32.3%0 of 10 weeks ahead 25% evidence |
| Exact sum: 14.4 + 10.4 + 10.3 + 8 = 43.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 9Yash Highvoltage Ltd544310 | 62.5/100Thin evidence · provisional47% evidence | LEADER | 18.5/35 Revenue — · PAT — · OPM change 3 pp 14% evidence | 15.8/25 ROCE 28.6% · OPM 26% 76% evidence | 8.7/20 P/E 72.4× · PEG — 15% evidence | 19.5/20 RS sector 20.1% · RS bench 58.9% · 1Y 86.9%12 of 12 weeks ahead 100% evidence |
| Exact sum: 18.5 + 15.8 + 8.7 + 19.5 = 62.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 10Vivid Electromech LtdVIVIDEL | 57.4/100Thin evidence · provisional34% evidence | TURNING | 17.2/35 Revenue — · PAT — · OPM change 4 pp 19% evidence | 21.0/25 ROCE 58.6% · OPM 24% 95% evidence | 9.2/20 P/E 44× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —4 of 4 weeks ahead 0% evidence |
| Exact sum: 17.2 + 21 + 9.2 + 10 = 57.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 11GP Eco Solutions India LtdGPECO | 56.7/100Thin evidence · provisional41% evidence | 20.6/35 Revenue — · PAT — · OPM change 10 pp 26% evidence | 16.4/25 ROCE 38.3% · OPM 15% 95% evidence | 11.3/20 P/E 11.9× · PEG — 15% evidence | 8.4/20 RS sector — · RS bench -10.2% · 1Y —4 of 4 weeks ahead 25% evidence | |
| Exact sum: 20.6 + 16.4 + 11.3 + 8.4 = 56.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Indo SMC Ltd544681 | 54.1/100Thin evidence · provisional31% evidence | BREAKING OUT | 17.6/35 Revenue — · PAT — · OPM change 4 pp 26% evidence | 16.8/25 ROCE 33.9% · OPM 15% 76% evidence | 9.7/20 P/E 34× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence |
| Exact sum: 17.6 + 16.8 + 9.7 + 10 = 54.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 13Saakshi Medtech & Panels LtdSAAKSHI | 53.3/100Thin evidence · provisional41% evidence | TURNING | 20.5/35 Revenue — · PAT — · OPM change 12 pp 26% evidence | 12.3/25 ROCE 14.3% · OPM 20% 95% evidence | 9.4/20 P/E 42.5× · PEG — 15% evidence | 11.1/20 RS sector — · RS bench 38.8% · 1Y —1 of 2 weeks ahead 25% evidence |
| Exact sum: 20.5 + 12.3 + 9.4 + 11.1 = 53.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 14Parth Electricals & Engineering LtdPARTH | 52.0/100Thin evidence · provisional50% evidence | LEADER | 16.7/35 Revenue — · PAT — · OPM change 1 pp 26% evidence | 11.7/25 ROCE 21% · OPM 9% 95% evidence | 9.0/20 P/E 45.4× · PEG — 15% evidence | 14.6/20 RS sector 13.3% · RS bench 50.2% · 1Y 123.8%12 of 12 weeks ahead 70% evidence |
| Exact sum: 16.7 + 11.7 + 9 + 14.6 = 52 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Vidya Wires Ltd's share price today?
Vidya Wires Ltd trades at ₹89.5. The company is valued at ₹1,903 Cr. The stock sits at 70% of its 52-week range of ₹45–₹109, +17.9% versus its 200-day average. On the tape, the price is in a confirmed uptrend, 18 weeks in. — as of 14 August 2026.
What were Vidya Wires Ltd's latest quarterly results?
Vidya Wires Ltd reported revenue of ₹550 Cr and net profit of ₹17.0 Cr for the Jun 26 quarter. Revenue rose 33.5% and profit rose 41.7% year on year. Earnings per share were ₹0.81. The operating margin was 4.0%, 0.5 pp lower than a year earlier. — as of 14 August 2026.
What is Vidya Wires Ltd's revenue?
Vidya Wires Ltd reported revenue of ₹550 Cr in the Jun 26 quarter, +33.5% year on year. For the full FY26 fiscal year, revenue was ₹1,840 Cr (+24.2%). Over the last 4 years revenue compounded at 19.1% a year. — as of 14 August 2026.
What is Vidya Wires Ltd's profit?
Vidya Wires Ltd earned ₹17.0 Cr of net profit in the Jun 26 quarter, +41.7% year on year — the 4th straight quarter of growth. Full-year FY26 profit was ₹58.0 Cr. The operating margin ran 4.0% in the latest quarter. — as of 14 August 2026.
What is Vidya Wires Ltd's market cap?
Vidya Wires Ltd's market capitalisation is ₹1,903 Cr at a share price of ₹89.5. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 14 August 2026.
What is Vidya Wires Ltd's P/E ratio?
Vidya Wires Ltd trades at a P/E of 30.4×, at the 59th percentile of its own 1-year range, against a long-run median of 23.1×. This is a comparison with the stock's own history, not a value call — as of 14 August 2026.
Does Vidya Wires Ltd pay a dividend?
No — Vidya Wires Ltd has recorded a dividend payout of 0% of profit in each of its last 5 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 14 August 2026.
Is Vidya Wires Ltd overvalued?
On its own history, Vidya Wires Ltd looks mid-range: its P/E of 30.4× sits at the 59th percentile of its 1-year range (long-run median 23.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 14 August 2026.
Is Vidya Wires Ltd growing?
Yes — Vidya Wires Ltd is growing: latest-quarter revenue +33.5% year on year, profit +41.7%, and the margin −0.5 pp at 4.0%. The 4-year compound rates are 19.1% (revenue) and 30.5% (profit). The earnings engine currently reads: improving — as of 14 August 2026.
How is Vidya Wires Ltd performing?
Vidya Wires Ltd is in a confirmed uptrend, 18 weeks in. Its latest quarter's revenue rose 33.5% and profit rose 41.7% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 5 weeks. This describes what the data did, not a rating. — as of 14 August 2026.
Is Vidya Wires Ltd in an uptrend?
Yes — the price is in a confirmed uptrend (week 18 of stage 2), trading +17.9% versus its 200-day average and at 70% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 14 August 2026.
Is Vidya Wires Ltd beating the market?
Not lately — on a trailing-13-week view Vidya Wires Ltd is currently behind the NIFTY 500 (5 weeks and counting; last ahead the week of 2026-07-10), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 8 months the stock moved +73% against the NIFTY 500's +0% — ahead of the index over the full window. — as of 14 August 2026.
Will Vidya Wires Ltd's share price go up?
This page publishes no price forecast for Vidya Wires Ltd. What it measures instead: the share price is ₹89.5, the price is in a confirmed uptrend 18 weeks in. Its P/E of 30.4× sits at the 59th percentile of its own 1-year range. — as of 14 August 2026.
Who owns Vidya Wires Ltd?
Promoters hold 72.8% of Vidya Wires Ltd, foreign institutions 2.0%, domestic institutions 3.4% and the public 21.8% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 14 August 2026.
Does Vidya Wires Ltd have too much debt?
No — Vidya Wires Ltd's debt-to-equity is 0.18, and operating profit covers the interest bill 7×. FY26 borrowings were ₹85.0 Cr against equity of ₹480 Cr. The returns on this page are earned, not borrowed — as of 14 August 2026.
What is Vidya Wires Ltd's capex?
Vidya Wires Ltd spent ₹115 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹103 Cr, with ₹72.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 14 August 2026.
What is Vidya Wires Ltd's cash flow?
Vidya Wires Ltd consumed ₹9.0 Cr of operating cash in FY26 — cash flowed out rather than in (free cash flow: ₹−112 Cr). Operating cash was negative while the company reported a profit of ₹58.0 Cr. Cash-flow resolution for India is annual. — as of 14 August 2026.
Is Vidya Wires Ltd's profit real cash?
No — operating cash was negative over the last 3 fiscal years: Vidya Wires Ltd consumed cash while reporting profit. In FY26, operating cash was ₹−9.0 Cr against reported profit of ₹58.0 Cr. Cash-flow resolution is annual — as of 14 August 2026.
Where is Vidya Wires Ltd in its business cycle?
Vidya Wires Ltd's FY26 operating margin was 4.7%, against a 5-year band of 3.4%–4.7%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 4.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 14 August 2026.
What could break the Vidya Wires Ltd story?
The sharpest disagreement: profits are rising, but only −19% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 14 August 2026.
Is Vidya Wires Ltd a stock worth studying right now?
This is not investment advice. The machine read: Vidya Wires Ltd is printing record margins on a fuller multiple. From here the earnings must do all the lifting. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 14 August 2026.