PLAZACABLEBSEPlaza Wires LtdMediumNeutral
Announced Fri, 29 May · 17:12 IST

Outcome of Board Meeting dated 29.05.2026.

Pat Growth 25pctRevenue Growth 20pctEbitda Margin CompressionEmphasis Of MatterAuditor Mid Year ChangeResults View source PDF

PLAZACABLE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+3.2%1-day move
₹46.50
prior close
₹49.15
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AI summary

Plaza Wires Limited reported audited standalone financial results for FY26 ending March 31, 2026. Revenue from operations grew 14.3% to Rs 3,180.58 lakhs from Rs 2,781.75 lakhs in FY25. Profit After Tax (PAT) improved significantly by 59.8% to Rs 254.54 lakhs from Rs 159.32 lakhs. Basic EPS stands at Rs 7.47. The statutory auditor M/s Shailendra Goel & Associates issued an unmodified (clean) opinion. The board also appointed M/s BARS & Co. as Internal Auditor and M/s Deepak Mittal & Co. as Cost Auditor for FY26-27. Note 6 highlights a GST/excise demand of Rs 11.51 crores (including Rs 5.75 crore penalty) from Commissioner Appeals, which the company plans to challenge at the Appellate Tribunal level.

Likely market impact

Strong PAT growth of 60% is positive for shareholders, though the undisclosed contingent liability of Rs 11.51 crore for GST matters adds some risk overhang. The clean audit opinion reinforces financial reporting credibility.