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Prices as of 9 Oct 2026 close · Not investment advice

Bharat Wire Ropes Limited

NSE: BHARATWIREIron & Steel Products

Share price

₹167.78

+1.24% close of 9 Oct 2026

Market cap ₹1,158 CrP/E 17.0

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

47

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹1,158 Cr

P/E ratio

17.0

P/B ratio

2.7

ROCE

12.3%

ROE

18.4%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹252.8352-week low ₹153.96

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 7.8% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 25.8% to 21.8% over the last two years.

Whether it grew faster than its sector

It grew 26.5% a year against a sector median of 10.6% — 15.8 percentage points faster.

Room to re-rate, or risk of de-rating

At 17.0× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 30.2×, across 5 companies. It is against its own five-year median of 19.2×, the 25th percentile of its own range.

Whether growth justifies the valuation

Priced at 3.4 times its growth rate, on earnings growth of 5%.

Profit growthPrice per ₹1 profitPer 1% growth
Bharat Wire Ropes Limited — this one5%/yr17.0×₹3.4
Welspun Corp Limited119%/yr30.2×—
APL Apollo Tubes Limited23%/yr48.2×₹2.1
Shyam Metalics and Energy Limited9%/yr26.2×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr40.3×—
Jindal Saw Limited14%/yr26.4×₹1.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 37 of 70 on returns, 12 of 68 on growth, 7 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 12.3% on capital, ahead of 47% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹363 crore of cash from the business, spent ₹135 crore on plant and equipment, and returned ₹227 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 220 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 91 days for its cash to waiting 219 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 7 Aug 2026 · Standalone · Unaudited

Revenue

₹130 Cr

Net profit

₹12 Cr

Net margin

9.4%

EPS

₹1.79

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹1,158 Cr
Prev close
₹167.78
52w High
₹262
52w Low
₹148
Enterprise value
₹1,598 Cr
Beta
1.6
Price CAGR 1y
5.0%
Price CAGR 3y
-13.0%
Price CAGR 5y
22.0%
Price CAGR 10y
16.0%

Ratios

Return on assets
7.3%
PEG ratio
3.3
P/E ratio
17.0
P/B ratio
2.7
EV / EBITDA
12.6
Industry P/E
24.8
ROCE
12.3%
ROCE 5y average
13.2%
ROE
18.4%
Debt / Equity
1.1
Interest coverage
9.8
Dividend yield
0.0%
ROE 3y average
26.0%
ROE last year
19.0%

Annual P&L

Annual revenue
₹591 Cr
Annual profit
₹72 Cr
Operating margin
22.0%
Net profit margin
12.2%
EBITDA margin
22.2%
Sales growth 3y
0.1%
Sales growth 5y
18.8%
Profit growth 3y
5.0%
Profit growth 5y
45.0%
EPS
₹10.6
Sales growth TTM
-8.0%
Profit growth TTM
-1.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹130 Cr
Profit latest quarter
₹12 Cr
YoY quarterly sales growth
-8.5%
YoY quarterly profit growth
-25.0%
OPM latest quarter
20.0%

Balance Sheet

Book Value
₹62.2
Face Value
₹10.0
Total debt
₹458 Cr
Total cash
₹18 Cr
Borrowings
₹458 Cr
Reserves / Equity
5.2

Cash Flow

Operating cash flow
₹98 Cr
Free cash flow
₹66 Cr
FCF yield
4.8%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
41.3%
FII holding
2.1%
DII holding
19.0%
Public holding
37.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,704.6030.971,4440.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,135.0048.459,4740.40263.110.95,606.78.431.8
Shyam Metalics1,067.3026.529,8090.42350.718.15,455.123.413.0
Jindal Saw281.9027.618,0660.7190.8-75.44,452.39.010.4
Ratnamani Metals2,524.3040.417,7310.40107.0-37.7971.6-15.617.9
Usha Martin520.2529.115,8650.72142.040.71,033.016.419.5
Godawari Power214.3117.614,3970.47222.42.71,750.532.320.5
Bharat Wire171.9917.11,1800.0012.2-21.6130.4-8.012.3
Median170.7223.41,0140.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales158159157147133152162172142165143141130
Expenses117117113110101118133135112126110112105
Material Cost978084718274
Change in Inventories0.41-4.662.21-0.27-8.53-8.69
Purchases of Stock-in-Trade000000
Employee Cost171719201918
Other Expenses201922202021
Operating Profit41424437333429373038333026
OPM %26262825242218222123232120
Other Income0000000000000
Exceptional items (within Other Income)000000
Interest4434334443223
Depreciation5555556666667
Profit before tax32333529242620282130242217
Tax %26262524262626262526252526
Net Profit24242622181915211622181612
EPS in Rs3.493.603.883.202.642.762.173.012.283.232.662.401.78
Diluted EPS in Rs3.022.283.232.661.741.38

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales776165165240258250411589622619591579
Expenses675259147222229218348450458487460453
Material Cost348318
Change in Inventories-3.91-11
Purchases of Stock-in-Trade00
Employee Cost6674
Other Expenses7780
Operating Profit9861819293362139164132131126
OPM %121491181113152426212222
Other Income-20320100111111
Exceptional items (within Other Income)00
Interest44325738934232215131110
Depreciation22412212222212121222425
Profit before tax1230-74-82-231897129989793
Tax %70401620-40-26-262436252625
Net Profit0120-45-61-17146296727269
EPS in Rs0.110.300.540.06-9.91-14-2.682.149.1714111110
Diluted EPS in Rs117.66
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
25%
5 years
19%
3 years
0%
TTM
-8%

Compounded profit growth

10 years
49%
5 years
45%
3 years
5%
TTM
-1%

Stock price CAGR

10 years
16%
5 years
22%
3 years
-13%
1 year
5%

Return on equity

10 years
12%
5 years
28%
3 years
26%
Last year
19%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital294545454545636468686869
Reserves4193969855-6-105110210285360
Borrowings42196371525610674657652564515514458
Other Liabilities3983876857393753394293104
Total Liabilities152417599736767752747774781835961990
Fixed Assets6665340566560539513492481475484535
CWIP1115914221110313474
Investments000000002200
Other Assets75193117169206213233282294345430451
Total Assets152417599736767752747774781835961990

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-636173283151-2442483857398
Cash from Investing Activity-5-193-259-98-14-0-1-0-13-25-62-31
Cash from Financing Activity1122717290-90-152247-25-64-61-11-66
Net Cash Flow-070-6923-21-12-26-00-0
Free Cash Flow-11-113-242-6768151-2462370608.6767

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6710295515542533530465160
Inventory Days274325334243213174148113122110131140
Days Payable9786150124762425442071812
Cash Conversion Cycle245341280170192191176104132150164188
Working Capital Days67-8781-36-212-39610491120165186219
ROCE %6314-012616191312

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters404041414141414141414141
FIIs1.101.3933.083.153.122.832.722.062.344.422.06
DIIs2.702.632.622.612.602.602.602.612.600.870.3219
Public565654535353535354565438
No. of Shareholders24,74122,88723,63028,32730,37231,33831,43232,20432,81233,40031,67931,626

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -1.6% (₹170.49 → ₹167.78)Brick size ₹7.04 (fixed)Bricks 44
₹200₹225₹250₹168Nov '25Feb '26Apr '26Jun '26Aug '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹167.78 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

exports as % of revenue

33.00

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

440inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.01cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

1,04,04,930inr

2026-03-31

News

News and filings about Bharat Wire Ropes Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • High-carbon / carbon steel wire rod
  • Zinc (galvanizing)

Depends on the price of

  • steel
  • zinc

Sells to

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE316L01019

Plants

  • Bharat Wire Ropes Integrated Plant — Atgaon

News impact

Big market events that reach Bharat Wire Ropes Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Bulk & block deals

DateWhoBought / soldSharesPrice
6 Jul 2026LLOYDS ENTERPRISES LIMITEDSELL6,63,760₹220.07
17 Apr 2026LLOYDS METALS AND ENERGY LIMITEDBUY20,00,000₹193.42
17 Apr 2026RESONANCE OPPORTUNITIES FUNDSELL17,02,063₹193.00
17 Apr 2026LLOYDS ENTERPRISES LIMITEDBUY11,46,875₹215.17
17 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDSELL5,70,879₹210.54
17 Apr 2026NK SECURITIES RESEARCH PRIVATE LIMITEDBUY5,69,585₹210.46

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
11 Aug 2026HEMANT RAMESH AGRAWAL · Designated PersonBUY15,0000.17
11 Aug 2026RAKESH KUMAR JAIN · KMPBUY5,4810.06
11 Aug 2026VEDPRAKASH RAMGOPAL SHARMA · Designated PersonBUY4,5220.05
11 Aug 2026GOVIND DAS GUPTA · Designated PersonBUY3,6410.04
11 Aug 2026GOVINDA MANGARU SONI · KMPBUY1,7810.02

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.