What we do Geekay Wires Ltd manufactures galvanized steel wires, nails, and stainless steel nuts & bolts for power transmission, construction, and general engineering sectors. |
Founded in 1,989 |
Market share Leading manufacturer in India with growing capacity and expanding product portfolio. |
Problem solved Provides quality steel wire products addressing infrastructure and engineering material needs. |
Top clients or who we serve B2B clientele including power transmission companies, cable manufacturers and construction industries. |
Key management Ghanshyam Dass (Chairman & Managing Director), Ashish Kandoi (Whole Time Director), Anuj Kandoi (Whole Time Director). |
Our journey and innovations Started as private in 1989; converted to public in 2017; expanded capacities multiple times including new units in Medak and Wadiaram. |
Where we operate Primarily domestic Indian market with expanding exports. |
Top products or what we offer Galvanized steel wires, wire nails, stainless steel nuts & bolts, and soon logistics services. |
Top brands Not specified distinct brands; focus on product quality and capacity. |
Raw materials needed Steel wire rods and related raw materials for galvanized wire and fasteners production. |
Raw materials supplier Data not specified. |
Recurring vs cyclical contribution Majority of revenue from recurring industrial product sales; demand linked to infrastructure cycles. |
Our industry position Strong domestic presence with continuous capacity expansion to increase market share. |
Financial highlights FY 2024-25 revenue Rs. 458.31 Cr, PAT Rs. 36.23 Cr. EBITDA Rs. 62.99 Cr, reflecting steady growth. |
Geographical revenue split Domestic revenue Rs. 260.47 Cr; export revenue Rs. 197.85 Cr in FY 2024-25. |
Order book - |
Whats driving growth Capacity expansions, product diversification, focus on profitable operations and infrastructure demand. |
Our future plans Further ramp up production capacity and initiate transport logistics business. |
Our green promise - |
Our people and values Committed to ethical business, diversity, and compliance; regular governance and board evaluations. |
Key challenges ahead Managing cost of expansions, sustaining margins amid market fluctuations, and scaling logistics business. |
Interesting facts Increased galvanized wire capacity from 15,000 to 45,000 MTS PA over recent years. |
Risks and strategy Mitigating raw material price volatility and compliance risks through governance and diversification. |
