D P Wires Limited Approves Financial Results and Re-appoints Auditors for FY 2026-27
D P Wires Limited announced the outcome of its Board of Directors meeting held on May 30, 2026. During the meeting, the company considered and approved the standalone audited financial results for the quarter and year ended March 31, 2026.The board also took several key governance actions, including the re-appointment of auditors and the adoption of various planning reports.
Governance and Approvals
At the meeting, the Board of Directors completed several corporate approvals. The key actions transacted included:- Consideration and approval of the standalone audited financial results for the quarter and year ended March 31, 2026, alongside the Auditors' Report, Statement of Assets and Liabilities, and Cash Flow for the same period.
- Re-appointment of M/s M.P Turakhia & Associates as the Cost Auditor for the financial year 2026-2027.
- Re-appointment of M/s Sachin Moonat and Associates, Chartered Accountant, as the Internal Auditor for the financial year 2026-2027.
- Consideration and approval of the CSR Annual Action Plan for the Fiscal Year (FY) 2026-27.
- Consideration and taking on record of the general disclosure of interest by directors in Form MBP-1 for FY 2026-27.
Financial Performance Snapshot
The company's financial statements, prepared in accordance with Indian Accounting Standards (Ind AS), reflect the results for the quarter and year ended March 31, 2026.Balance Sheet Summary (Amounts in Lakhs)
| Particulars | As at 31-03-2026 | As at 31-03-2025 |
|---|---|---|
| TOTAL ASSETS | 28,856.00 | 29,882.38 |
| Non-Current Assets | ||
| Property, Plant and Equipment i Right-of-Use Assets | 762.95 | 1,785.31 |
| Investment Property | 28.58 | 1,399.27 |
| Deferred Tax Assets (Net) 4) Financial Assets | 10,990.11 | 12,240.80 |
| Other Non-Current Financial Assets vi) Other Non Current Assets | 256.51 | 279.20 |
| TOTAL NON-CURRENT ASSETS | 15,772.99 | 15,772.99 |
| Current Assets | ||
| Inventories (b) Financial Assets) Investments | 14,110.26 | 2,826.59 |
| Trade Receivables | 5,191.53 | 6,240.61 |
| Cash and Cash Equivalents | 2,947.68 | 4,389.47 |
| Other Current Assets | 5,348.57 | 4,389.47 |
| TOTAL CURRENT ASSETS | 14,746.74 | 14,109.39 |
| TOTAL LIABILITIES AND EQUITY | 28,856.00 | 29,882.38 |
Segment Revenue and Results (Amounts in Lakhs)
| Segment | For Quarter ended 31-03-2026 (Audited) | For Year ended 31-03-2026 (Audited) |
|---|---|---|
| Total Sales (Revenue from Operations) | 12,926.17 | 62,093.20 |
| Wire Division Sales | 9,398.04 | 43,212.00 |
| Plastics Division Sales | 1.11 | 14.97 |
| Electric Energy through Wind Mill Division | 24.44 | 68.25 |
| Others (Trading) Sales | 3,502.58 | 18,797.90 |
| Segment Profit Before Tax | 1,300.67 | 2,997.28 |
| Plastics Division Segment Result | 2,128.27 | 7,226.59 |
| Others (Trading) Segment Result | 22.38 | 57.49 |
| Electric Energy through Wind Mill Segment Result | 1.11 | 12.07 |
Cash Flow Generation
The Statement of Cash Flows for the year ended March 31, 2026, shows significant operational and investing movements.Cash Flow Highlights (Amounts in Lakhs)
| Activity | Year ended 31-03-2026 | Year ended 31-03-2025 |
|---|---|---|
| Net Cash from Operating Activities | 2,809.15 | 5,178.25 |
| Net Cash from Investing Activities | (12,024.04) | N/A |
| Net Cash from Financing Activities | (2,650.08) | 2,547.38 |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | 2,822.00 | *(4,298.41) |
| Cash and cash equivalents at the end of the year | 2,947.69 | 125.69 |
DPWIRES Stock Price Movement
On Friday, D P Wires Limited shares edged higher to settle at ₹185.25, gaining 0.46% for the session. The stock traded on a volume of 20,190 shares, operating within a daily range of ₹182.25 to ₹188.47.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: