---
title: "Excellent Wires and Packaging Ltd (EXCELLENT) — Share Price, Financials & Analysis"
symbol: "EXCELLENT"
company: "Excellent Wires and Packaging Ltd"
canonical: "https://tapetide.com/stocks/EXCELLENT"
isin: "INE0Y4801011"
nse_symbol: "EXCELLENT"
sector: "Industrial Products"
industry: "Other Industrial Products"
market_cap_cr: 92.53
generated_at: "2026-09-13T18:32:45.065Z"
---

# Excellent Wires and Packaging Ltd (EXCELLENT)

Canonical page: https://tapetide.com/stocks/EXCELLENT

## Company

- **NSE Symbol:** EXCELLENT
- **ISIN:** INE0Y4801011
- **Sector:** Industrial Products
- **Industry:** Other Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-09-19
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** excellentwiresandpackaging.com

## About

Incorporated in March 2021, Excellent Wires and Packaging Ltd manufactures a diverse range of high-quality wires and offers packaging solutions.[1]

## Latest Price

- **Price:** ₹207
- **Change:** +1.5 (+0.73%)
- **Open:** ₹196
- **Day High:** ₹207
- **Day Low:** ₹196
- **Previous Close:** ₹205.5
- **Volume:** 3200
- **As Of:** 2026-09-09T04:38:55+00:00

## Key Fundamentals

Observed at 2026-09-11T04:45:08.293637Z.

- **Market Cap:** ₹92.53 Cr
- **Classification:** SME
- **P/E (reported):** 61.2
- **Book Value:** ₹46.15
- **Price to Book:** 4.49
- **Dividend Yield:** 0%
- **ROE:** 7.32%
- **ROCE:** 9.71%
- **Debt to Equity:** 0.09
- **Revenue (yearly):** ₹22.9 Cr
- **Net Income:** ₹1.5 Cr
- **EBITDA:** ₹2.4 Cr
- **52-Week High:** ₹218
- **52-Week Low:** ₹36.9
- **RSI (14):** 53.26

## Tapetide Score

- **Score:** 49 / 100
- **Score date:** 2026-09-04
- **Archetype:** Priced for Perfection
- **What it means:** The business scores well but the multiple leaves little room for error. The debate here is about the price, not the company; small disappointments tend to cost more at rich valuations.
- **Pillar profile:** Quality: Good · Valuation: Expensive · Momentum: Rising
- **Percentile:** 43.6 (of 4473 scored stocks)
- **Confidence:** 86%
- **Data coverage:** 71%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 84.66 | 9% |
| growth | 38.41 | 9% |
| momentum | 98.9 | 12% |
| ownership | 50 | 24% |
| quality | 64.34 | 22% |
| valuation | 22.58 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 10.3% over last 3 years.
- Debtor days have increased from 77.3 to 107 days.
- Working capital days have increased from 108 days to 155 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | 76.68% | -130.89% | -27.36% |
| ebitda margin growth | 17.77% | -0.95% | 311.45% |
| net income growth | 36.36% | 147% | — |
| revenue growth | 2.23% | 16% | 25.4% |
| roce | 20.17% | -94.11% | 99.38% |
| roe | 25.34% | 29.17% | -90.42% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.86 | 8.55 | 10.49 | 11.7 | 9.93 | 12.72 |
| Expenses | 6.2 | 7.76 | 9.73 | 10.7 | 9.26 | 11.25 |
| Operating Profit | 0.66 | 0.79 | 0.76 | 1 | 0.67 | 1.47 |
| OPM % | 9.62 | 9.24 | 7.24 | 8.55 | 6.75 | 11.56 |
| Other Income | 0 | 0 | 0.01 | 0.23 | 0.17 | 0.11 |
| Interest | 0.11 | 0.16 | 0.06 | 0.02 | 0 | 0.03 |
| Depreciation | 0.01 | 0.05 | 0.22 | 0.24 | 0.2 | 0.21 |
| Profit before tax | 0.54 | 0.58 | 0.49 | 0.97 | 0.64 | 1.34 |
| Tax % | 24.07 | 29.31 | 24.49 | 20.62 | 28.12 | 21.64 |
| Net Profit | 0.41 | 0.41 | 0.37 | 0.77 | 0.45 | 1.06 |
| EPS in Rs | 205 | 11.71 | 0.83 | 1.72 | 1.01 | 2.37 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 7.29 | 14.48 | 15.41 | 22.19 | 22.64 |
| Expenses | 7.12 | 14.06 | 13.96 | 20.42 | 20.5 |
| Operating Profit | 0.17 | 0.42 | 1.45 | 1.77 | 2.14 |
| OPM % | 2.33 | 2.9 | 9.41 | 7.98 | 9.45 |
| Other Income | 0 | 0 | 0 | 0.24 | 0.28 |
| Interest | 0.09 | 0.25 | 0.27 | 0.09 | 0.03 |
| Depreciation | 0.01 | 0.03 | 0.06 | 0.46 | 0.41 |
| Profit before tax | 0.07 | 0.14 | 1.12 | 1.46 | 1.98 |
| Tax % | 28.57 | 28.57 | 26.79 | 23.29 | 23.74 |
| Net Profit | 0.05 | 0.1 | 0.82 | 1.12 | 1.51 |
| EPS in Rs | 25 | 50 | 23.43 | 2.51 | 3.38 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.02 | 0.02 | 0.35 | 4.47 | 4.47 |
| Reserves | 0.05 | 0.15 | 3.62 | 14.65 | 16.16 |
| Borrowings | 1.09 | 2.25 | 2.24 | 0 | 1.77 |
| Other Liabilities | 1.27 | 0.83 | 0.84 | 0.93 | 1.52 |
| Total Liabilities | 2.43 | 3.25 | 7.05 | 20.05 | 23.92 |
| Fixed Assets | 0.13 | 0.14 | 1.99 | 4.15 | 3.76 |
| CWIP | 0 | 0 | 0 | 0.15 | 4.81 |
| Investments | 0 | 0 | 0 | 0 | 0.01 |
| Other Assets | 2.3 | 3.11 | 5.06 | 15.75 | 15.34 |
| Total Assets | 2.43 | 3.25 | 7.05 | 20.05 | 23.92 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.21 | 0.34 | 0 | -5.79 | 0.91 |
| Cash from Investing Activity | -0.14 | -0.06 | -2.01 | -8.16 | -1.46 |
| Cash from Financing Activity | -0.09 | -0.14 | 2.61 | 13.93 | -0.03 |
| Net Cash Flow | -0.01 | 0.14 | 0.6 | -0.01 | -0.58 |
| Free Cash Flow | 0.07 | 0.3 | -1.92 | -8.56 | -3.76 |
| CFO/OP | 135 | 90 | 19 | -306 | 66 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 67.09 | 40.84 | 55.19 | 69.58 | 107.21 |
| Inventory Days | 47.41 | 37.79 | 47.43 | 66.97 | 37.15 |
| Days Payable | 70.26 | 22.49 | 17.09 | 12.53 | 22.4 |
| Cash Conversion Cycle | 44.24 | 56.13 | 85.53 | 124.02 | 121.96 |
| Working Capital Days | -3.5 | -0.76 | 27.24 | 141.13 | 154.61 |
| ROCE % | — | 21.79 | 32.21 | 12.24 | 9.68 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Promoters | 91.89% | 65.01% | 65.08% | 65.08% | 65.08% |
| FIIs | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 32.21% | 31.03% | 31.1% | 30.89% |
| Others | 8.11% | 2.78% | 3.89% | 3.82% | 4.03% |
| No. of Shareholders | 37 | 860 | 571 | 548 | 348 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Buy
- **Buy / Neutral / Sell:** 10 / 7 / 2

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 207.61 | Sell |
| EMA (10) | 206.5 | Buy |
| SMA (20) | 206.52 | Buy |
| EMA (20) | 205.56 | Buy |
| SMA (50) | 200.09 | Buy |
| EMA (50) | 193.84 | Buy |
| SMA (100) | 164.26 | Buy |
| EMA (100) | 167.74 | Buy |
| SMA (200) | 110.4 | Buy |
| EMA (200) | 132.97 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 53.26 | Neutral |
| MACD (12,26,9) | 2.32 | Sell |
| Stochastic (14,3,3) | 63.17 | Neutral |
| ADX (14) | 21.96 | Neutral |
| Williams %R (14) | -29.95 | Neutral |
| ATR (14) | 7.04 | High Volatility |
| ROC (12) | 5.77 | Buy |
| Stoch RSI (14) | 46.69 | Neutral |
| UO (7,14,28) | 65.79 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026; no rematerialisation or dematerialisation requests. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Regulation 74(5) certificate for quarter ended 30 June 2026; no rematerialisation or dematerialisation requests.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_09072026163056_Regulation_74__5__of_the_SEBI-_Covering_letter_for_intimation_to_NSE.pdf) |
| 9 Jul - Company says Regulation 27(2) corporate governance report is not applicable for quarter ended 30 June 2026. | [Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter 9 Jul - Company says Regulation 27(2) corporate governance report is not applicable for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_09072026164600_Corporate_Governance_-_NSE_EWPL.pdf) |
| 9 April 2026 - Promoters confirmed no new encumbrance on shares during FY ended 31 March 2026. | [Disclosure under SEBI Takeover Regulations 9 April 2026 - Promoters confirmed no new encumbrance on shares during FY ended 31 March 2026.](https://nsearchives.nseindia.com/corporate/team_sandeshc_08042026130400_40.pdf) |
| 31 Aug - Suthar Parab and Co. appointed statutory auditor from 31 Aug 2026; 5-year term proposed after AGM. | [General Updates 31 Aug - Suthar Parab and Co. appointed statutory auditor from 31 Aug 2026; 5-year term proposed after AGM.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_31082026164742_Reg_30_Appt_of_Auditor_EWPL.pdf) |
| 31 Aug - Excellent Wires and Packaging Limited has informed about Resignation of Statutory Auditor | [Resignation of Statutory Auditor 31 Aug - Excellent Wires and Packaging Limited has informed about Resignation of Statutory Auditor](https://nsearchives.nseindia.com/corporate/EXCELLENT_ROSA_97467_KMP_Doc.zip) |
| 31 Aug - Excellent Wires and Packaging Limited has informed about Resignation of Statutory Auditor | [Resignation of Statutory Auditor 31 Aug - Excellent Wires and Packaging Limited has informed about Resignation of Statutory Auditor](https://nsearchives.nseindia.com/corporate/EXCELLENT_ROSA_97466_KMP_Doc.zip) |
| 31 Aug - Bohara Shah & Co. resigned as statutory auditor effective 31 Aug 2026; no other concerns cited. | [General Updates 31 Aug - Bohara Shah & Co. resigned as statutory auditor effective 31 Aug 2026; no other concerns cited.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_31082026164627_Reg30_Resign_of_AuditorEWPL.pdf) |
| 31 Aug - Board approved auditor change, FY26 report, and 5th AGM on September 23, 2026. | [Outcome of Board Meeting 31 Aug - Board approved auditor change, FY26 report, and 5th AGM on September 23, 2026.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_31082026164133_OutcomeofBMEWPL.pdf) |
| 3 February 2026 - DGFT granted TRQ to import gold bars from UAE; valid until 31.03.2026. | [General Updates 3 February 2026 - DGFT granted TRQ to import gold bars from UAE; valid until 31.03.2026.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_03022026182734_Disclosure_Under_Reg_30__EWPL.pdf) |
| 27 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited results for year/qtr ended March 31, 2026. | [Trading Window 27 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited results for year/qtr ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/EXCELLENTWIRES_27032026130207_Intimation_of_Closure_of_TWEXE.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31012_EXCELLENT_2025_2026_A_3360923_01092026175009.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_27121_EXCELLENT_2024_2025_A_26072025162059.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:32:45.065Z.