Geekay Wires Limited (GEEKAYWIRE.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-13.4%

₹23.35

vs ₹26.97 price

Levered DCF

-₹31.82

After debt service

Piotroski score

6 / 9

Average

Altman Z-score

2.95

Grey zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	6.6×	11.35×	13.28×	6.9×	7.76×	12.83×	1.6×	13.56×
P/B	1.16×	2.84×	4.68×	2.29×	1.34×	1.8×	0.26×	1.17×
P/S	0.45×	0.9×	1.24×	0.42×	0.27×	0.48×	0.05×	0.18×
EV / EBITDA	8.55×	8.16×	8.8×	5.35×	7.08×	8.94×	4.17×	6.95×
Gross margin	16.0%	11.7%	13.1%	21.3%	15.1%	17.1%	20.4%	12.9%
Operating margin	6.9%	3.2%	7.5%	5.8%	5.7%	7.5%	6.6%	4.7%
Net margin	6.8%	7.9%	9.4%	6.1%	3.5%	3.7%	3.4%	1.3%
Current ratio	2.16×	1.49×	1.46×	1.2×	1.29×	1.77×	1.32×	1.24×
Debt / equity	0.84×	0.77×	0.67×	1.25×	2.09×	1.84×	1.44×	2.1×
Interest coverage	4.24×	1.83×	5.8×	3.6×	1.98×	2.17×	1.89×	1.31×
Dividend yield	1.7%	0.8%	0.6%	1.6%	3.1%	2.6%	0.0%	0.0%
Payout ratio	11.3%	8.7%	7.3%	10.7%	24.3%	33.2%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	17.5%	25.0%	35.2%	33.2%	17.3%	14.0%	15.9%	8.6%
Return on invested capital	7.0%	4.2%	11.6%	9.6%	6.3%	6.9%	9.2%	5.6%
Return on assets	8.6%	12.6%	16.6%	6.1%	4.5%	4.5%	6.0%	2.3%
Free cash flow yield	-21.0%	-9.5%	4.0%	20.0%	-18.0%	-29.8%	79.9%	36.3%
Earnings yield	15.1%	8.8%	7.5%	14.5%	12.9%	7.8%	62.4%	7.3%
Enterprise value	₹3.4B	₹5.1B	₹5.8B	₹2.5B	₹1.7B	₹1.6B	₹630.9M	₹1B
Net debt / EBITDA	3.57×	1.64×	0.99×	1.8×	4.15×	4.38×	3.48×	4.25×
Cash conversion cycle (days)	117	89	84	120	181	179	102	87