D P Wires reported a 132.6% year-on-year increase in net profit to ₹939.07 lakh for the quarter ended March 31, 2026, driven by improved operational efficiency and a reduction in finance costs. Revenue from operations for the quarter stood at ₹12,901.72 lakh, while total income reached ₹13,303.95 lakh. For the full fiscal year 2026, the company recorded a net profit of ₹1,757.71 lakh on total revenue of ₹49,122.33 lakh.

The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 30, 2026. The statutory auditors issued an audit report with an unmodified opinion, confirming the results provide a true and fair view of the company's affairs. The board also approved the re-appointment of M/s M.P Turakhia & Associates as Cost Auditor and M/s Sachin Moonat and Associates as Internal Auditor for the financial year 2026-2027.

Financial Performance

The company's profitability improved significantly in the fourth quarter compared to the same period last year. Profit before tax for Q4FY26 rose to ₹1,300.67 lakh from ₹583.98 lakh in Q4FY25. This growth was supported by a decrease in total expenses, which fell to ₹12,003.28 lakh from ₹13,431.01 lakh in the prior year quarter. Finance costs also reduced to ₹22.82 lakh from ₹51.96 lakh.

For the full year, net profit declined to ₹1,757.71 lakh from ₹2,220.49 lakh in FY25. Total revenue for the year decreased to ₹49,122.33 lakh from ₹62,982.81 lakh in the previous fiscal year. The basic earnings per share for FY26 stood at ₹11.34, compared to ₹14.33 in the previous year.

Segment Results

The Wire Division reported revenue of ₹35,880.63 lakh for the year ended March 31, 2026, while the Plastics Division contributed ₹12,114.90 lakh. The Electric Energy through Wind Mill Division generated ₹62.30 lakh in revenue for the fiscal year. The Others (Trading) segment reported revenue of ₹15.24 lakh.

Balance Sheet and Cash Flows

The company's total assets as of March 31, 2026, stood at ₹28,856.00 lakh, a decrease from ₹29,882.38 lakh in the previous year. Total equity increased to ₹26,602.17 lakh from ₹24,842.07 lakh, supported by an increase in other equity. Current liabilities reduced significantly to ₹2,191.65 lakh from ₹4,962.13 lakh, primarily due to a decrease in borrowings.

Cash and cash equivalents improved substantially to ₹2,947.68 lakh as of March 31, 2026, compared to ₹125.69 lakh in the prior year. Net cash generated from operating activities for the year was ₹2,809.15 lakh, while investing activities provided a net inflow of ₹2,662.93 lakh. Financing activities resulted in a net outflow of ₹2,650.08 lakh, largely due to the repayment of short-term borrowings.

D P Wires Limited has closed its trading window for all designated persons and their immediate relatives, effective July 1, 2026. This closure, implemented in accordance with the company's Code of Conduct and Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026.

The restriction prevents insiders from trading in the company's securities during this sensitive period to ensure fair market practices. The specific date for the board meeting to consider the unaudited financial results for Q1FY26 will be communicated to the stock exchanges in due course.

Key Details

The company has formally notified the National Stock Exchange of India Limited and BSE Limited regarding this closure. Designated persons have been strictly instructed not to trade in the securities of D P Wires Limited during the aforementioned period.