About Geekay Wires Limited

Geekay Wires Limited, part of the Kandoi Group, is a Hyderabad-based ISO 9001:2008-certified company engaged in the manufacture of high-quality galvanised steel wires used in power transmission, cable and conductor, general engineering, and infrastructure applications. Established with a focus on precision and durability, the company has expanded into nails and stainless-steel fasteners, catering to diverse industrial segments.

Its product portfolio includes:

• Wires: Galvanised steel wire, barbed wire, chain link fence, welded wire mesh, cable armour wire (IS-3975), steel tape, earth wire, stay wire (IS-2141, BS-183), hot-dipped galvanised wire, binding wire, ACSR core wire (IS-398 Part-2), and annealed wires for engineering use.

• Nails: Coil nails, D-head nails, full-head plastic strip nails, and wire-collated nails.

• Stainless Steel Fasteners: Hexagon head bolts and screws, round head square neck bolts, and hexagon and square nuts.

The company has an installed capacity of 35,000 MTPA for galvanised steel wires, 25,000 MTPA for nails, and 10,000 MTPA for stainless steel nuts and bolts. During FY 2024–25, Geekay also added a new main business object—Transportation Logistic Services—through an amendment to its Memorandum of Association.

Geekay Wires is a preferred vendor for Power Grid Corporation of India (PGCIL) and multiple State Transmission and Distribution utilities, along with turnkey contractors in the power sector. Its products are widely accepted across India and increasingly recognised in export markets. The registered office is located in Hyderabad, with manufacturing units at Isnapur, Shankarampet, Muppireddypally, and Wadiaram (Medak District, Telangana). The company’s shares are listed on the NSE under the symbol “GEEKAYWIRE.”

As of March 31, 2025, Geekay Wires Limited had no subsidiaries, joint ventures, or associate companies.

Geekay Wires Limited Key Management

• Ghanshyam Dass – Chairman & Managing Director

• Ashish Kandoi – Whole-Time Director

• Anuj Kandoi – Whole-Time Director

• Bhagwan Dass Bhankhor – Independent Director

• Shwetha Kabra – Independent Director

• Tara Devi Veitla – Independent Director

• Abhijit Suresh Patki – Chief Financial Officer

• CS Kirti Gupta – Company Secretary & Compliance Officer

Latest Updates on Geekay Wires Limited

• Record performance: FY 2024–25 marked a record year with resilient, competitive, and profitable growth across segments.

• Financial performance: EBITDA margin stood at 12.61%, lower by 2.27% year-on-year; Profit Before Tax (PBT) was Rs 48.39 crore, and Profit After Tax (PAT) was Rs 36.90 crore.

• Demand and sales mix: Domestic sales grew 11.43% YoY, driven by strong demand for stainless-steel nuts & bolts and galvanised wires, offsetting lower export contributions amid global headwinds.

• Capacity expansion: Commissioned a new state-of-the-art galvanised wire plant at Wadiaram (Medak district) with an additional capacity of 18,000 MTPA and a capital outlay of Rs 45 crore, enhancing total capacity and market reach.

• Manufacturing network: The company now operates four manufacturing units across Telangana — Isnapur, Shankarampet, Muppireddypally, and Wadiaram — ensuring scale and flexibility across product categories.

• Governance updates: The Board remained stable during the year. CS Kirti Gupta was appointed as Company Secretary & Compliance Officer, and M/s Kashinath Sahu & Co. were appointed as Secretarial Auditors for FY 2025–26 to FY 2029–30, subject to shareholder approval.