Bharat Wire Ropes Ltd.

NSE: BHARATWIRE · Iron & Steel Products · sector

₹142.93NSE close 2026-10-26

Key numbers

Market cap₹980 cr

Price₹142.93

52w high / low₹262 / ₹143

P/E14.2xSector median 15.5x

P/B1.2xSector median 1.7x

Book value₹118.2

Dividend yield0.00%Sector median 0.60%

ROE8.9%Sector median 11.1%

ROCE11.6%Sector median 11.9%

OPM21.8%Sector median 6.7%

Debt / equity0.09xSector median 0.21x

EV/EBITDA8.2xSector median 11.8x

Interest cover10.2x

Current ratio6.57x

Sales growth 3y+0.1%Sector median +2.1%

Profit growth 3y+5.2%Sector median +13.0%

PEG4.76x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 118 companies in Iron & Steel Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹18 cr vs borrowings ₹74 cr (FY26): borrowings are higher by ₹57 cr.
Borrowings fell in each of the last 3 years (₹182 cr → ₹74 cr).
Operating profit covered interest 10.2x in the last 12 months.
51.00% of the promoters' shares are pledged (21.0% of all shares).
Operating cash flow was below net profit in 1 of the last 5 years (FY24).
Revenue was higher than a year earlier in 1 of the last 4 quarters.
Other income was 2% of net profit in the last 12 months.
Debtor days went from 46 (FY24) to 60 (FY26).
No dividend in the last 5 financial years.
Price ₹142.93 on 2026-10-26: -45.4% from the 52-week high, 0.0% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹276.70 · low ₹128.35

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	152	162	172	142	165	143	141	130
EBITDA	34	29	37	30	38	33	30	26
OPM %	22.1%	17.9%	21.6%	21.3%	23.4%	22.8%	20.9%	19.6%
Other income	0	0	0	0	0	0	0	0
Net profit	19	15	21	16	22	18	16	12
EPS (₹)	2.77	2.18	3.02	2.28	3.23	2.66	2.40	1.79
Revenue YoY					+8.1%	-11.7%	-17.7%	-7.9%
Profit YoY					+17.4%	+22.6%	-20.3%	-21.7%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	411	589	622	619	591	579
EBITDA	62	139	164	132	131	126
Net profit	14	62	96	72	72	69
EPS (₹)	0.47	9.68	14.17	10.60	10.57	10.08
Revenue growth		+43.4%	+5.6%	-0.4%	-4.6%	-7.7%
Profit growth		+355.7%	+54.8%	-24.8%	+0.0%	-1.3%
Dividend / share (₹)	–	–	–	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+0.1%	–	-7.7%
Net profit	+5.2%	–	-1.3%
EPS	+3.0%	–	–
Share price	–	-20.3% (2y)	-11.9%

Balance sheet

₹ cr	FY22	FY23	FY24	FY25	FY26
Shareholders' equity	–	560	661	737	811
Borrowings	–	182	132	131	74
Cash & equivalents	–	9	8	9	18
Total assets	–	781	817	956	990
Fixed assets	–	481	475	483	533
Capital work in progress	–	3	12	47	4
Investments	–	2	2	0	0
Receivables	–	48	79	87	97
Inventory	–	110	99	123	117
Payables	–	18	6	17	10

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY22	FY23	FY24	FY25	FY26
Cash from operations	24	83	85	74	98
Cash from investing	-0	-13	-25	-62	-31
Cash from financing	-25	-64	-61	-11	-66
Capex	1	10	16	30	74
Free cash flow	23	73	70	44	24

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY22	FY23	FY24	FY25	FY26
ROE %	–	11.1%	14.6%	9.8%	8.9%
ROCE %	–	16.0%	18.1%	12.8%	12.2%
Debtor days	–	30	46	51	60
Inventory days	–	122	110	131	140
Payable days	–	20	7	18	12
Cash conversion cycle (days)	–	132	149	164	188
Working capital days	–	125	169	191	230

Shareholding

Holder	% (2026-09-30)
Promoters	41.15%
FIIs	2.17%
DIIs	18.95%
of which Mutual funds	0.00%
of which Insurance	0.00%
Government	0.00%
Public (non-institutions)	37.73%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	41.24%	41.35%	41.27%	41.27%	41.27%	41.27%	41.27%	41.15%

Promoter group	%
Gyansankar Investment & Trading Co. PVT. Ltd	31.66%
Manan Murarilal Mittal	2.59%
Mayank Murarilal Mittal	2.55%
Murarilal Mittal	1.93%
Usha Murarilal Mittal	1.67%
Gyanshankar E-trading LLP	0.75%
M L Mittal HUF	0.00%

Public holders above 1%	%
Authum Investment and Infrastructure Limited	18.73%
Alpana S Dangi	4.97%
Lloyds Metals and Energy	3.34%

33,878 shareholders. Pledged: 51.00% of promoter shares.

Peers in Iron & Steel Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WELCORP	₹61,798 cr	26.7x	6.8x	27.8%	19.2%	13.9%	+19.8%	0.21%
APLAPOLLO	₹57,703 cr	46.9x	10.9x	25.9%	30.1%	8.0%	+12.6%	0.28%
SHYAMMETL	₹31,351 cr	28.0x	2.7x	7.8%	14.2%	12.9%	+13.7%	0.36%
RATNAMANI	₹16,345 cr	37.8x	4.0x	11.2%	15.7%	16.7%	+0.1%	0.60%
JINDALSAW	₹14,824 cr	26.9x	1.2x	4.4%	7.2%	9.5%	+0.1%	0.86%
USHAMART	₹14,192 cr	27.9x	4.3x	16.8%	20.1%	19.6%	+4.1%	0.64%
GALLANTT	₹12,989 cr	31.9x	3.7x	12.4%	14.2%	13.8%	+3.1%	0.08%
GPIL	₹11,769 cr	14.6x	2.0x	15.1%	18.7%	21.4%	-2.2%	0.54%
JAYNECOIND	₹8,607 cr	12.5x	2.6x	23.4%	25.6%	18.9%	+4.0%	–
BHARATWIRE	₹980 cr	14.2x	1.2x	8.9%	11.6%	21.8%	+0.1%	0.00%

All 118 companies in Iron & Steel Products →

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-17	Other	Annual General Meeting
2023-07-14	Other	Annual General Meeting
2022-08-02	Other	Annual General Meeting
2021-08-12	Other	Annual General Meeting
2020-09-03	Other	Annual General Meeting
2018-08-02	Other	Annual General Meeting
2017-08-31	Other	Annual General Meeting
2016-07-28	Other	Annual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

Manufacturing: Manufacturing of Wire, Wire Ropes, Strands, Slings, etc


Sector	Industrials
Industry	Iron & Steel Products
Sub-industry	Iron & Steel Products
Symbol	BHARATWIRE
BSE code	539799
ISIN	INE316L01019
Face value	₹10.0
Incorporated	1986-07-24
Website	www.bharatwireropes.com
Plants (India / abroad)	2 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.