Excellent Wires and Packaging Limited — Results, 21-05-2025: Integrated Filing- Financial

Excellent Wires and Packaging Limited has announced a board meeting to approve the financial results for the quarter and half-year.

1) **Revenue Performance:** Total revenue rose 44% YoY to ₹22.20 Cr from ₹15.41 Cr, driven mainly by growth in the wire and packaging products segment.

2) **Profitability and EPS:** Net profit increased 77% YoY to ₹1.15 Cr, with EPS at ₹2.87 (not annualized). Margin improvement was supported by better cost management and operational efficiency gains.

3) **Operational Costs:** Material costs increased to ₹19.46 Cr from ₹12.53 Cr, reflecting volume growth, while employee and other expenses grew modestly, indicating controlled overheads. Depreciation and finance costs rose due to recent capex and borrowings.

4) **Key Metrics:** EBITDA improved to ₹1.46 Cr from ₹1.12 Cr, with operating profit before tax rising accordingly. Effective tax stood at ₹0.34 Cr.

5) **Balance Sheet / Cash Flow:** Shareholders’ equity surged to ₹14.65 Cr from ₹3.62 Cr post-IPO and preferential share capital infusion. Long-term debt remains minimal at ₹0.01 Cr. Cash balances are healthy at ₹6.21 Cr. Capex totaled ₹2.79 Cr, with IPO proceeds partly deployed for fixed assets; ₹5.44 Cr remains unutilized.

6) **Management Outlook:** Completion of the IPO and preferential issue has boosted funds aimed at capacity expansion and working capital enhancement. Listing on the NSE EMERGE platform is expected to improve market visibility and access.

**Final Takeaway:** The company is demonstrating strong revenue and profit growth with improving operating leverage supported by fresh equity and targeted investments. Retail investors can view these fundamentals positively as the firm strengthens its footing in the packaging segment.