Wednesday, June 30, 2010

WIRES AND FABRIKS - An Unnoticed Player

Wires and Fabriks (SA) is an unknown and unnoticed
company among investor fraternity over a long
period of time.This company is established at Jaipur
in 1963.Company’s product list includes Industrial
Synthetic Fabrics, EDM Wire, Wirecloth,
Conveyor Belting, Dryer Screens, Bronze Wire Cloth,
Paper Making Chemicals, Paper Machine Clothing ..etc.
Company is working with a technical collaboration with
Hutter and Schantz of Austria.Wires and Fabriks is the
first ISO 9002 certified wire cloth manufacturer from
Asia and exporting its products to more than 25
countries. A major portion of company’s income coming
from paper industry which is growing at a good pace.
Company is the first one introduced double layer
forming fabricks in India .Company is growing at a
steady pace in last many years.At present company is
going through an expansion cum modernization programme
which is expected to improve its performance going
forward.Since the open market purchase of promoters
led to a mandatory open offer ,in the last financial year
company came out with an open offer at Rs.71/-.

In FY 2009 ,company posted a turnover of Rs.66 Cr and
a net profit of 3.46 cr with an EPS of Rs.11.30/-.
Effect of growing demand and expanded capacity
will be reflected in the financials going forward. At CMP of
Rs.110/- WIRES AND FABRIKS(SA) is a decent long term pick


  1. rocking call simarn farms

  2. what a reco,wires&fabriks up 20% even in a bad market,Thanks a lot

  3. opran bse code 524280@42/= is a great turnaround story of 2010.Exactly the same happend with LUPIN when it was quoting at 62/= way back in 2002 and looking at the low price I bought the stock in huge quantity.Lupin is now trades at 1900+ ex 1:1 bonus.I feel same thing is happening here with KOPRAN and looks super multibagger from hereon.In fact,it is another LUPIN in making.Good opportunity to grab such stocks and held on for super duper profits.Cheers.

  4. Dear Valuepick sir,

    Wires & Fabriks SA Ltd announced good Q1 Result :).

    Thank you



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