Bombay Wire Ropes Ltd
Bombay Wire Ropes Ltd is a non-
operating legacy wire-rope and
specialty-steel company incorporated
in 1961. Its former Thane manufacturing facility and furniture business have been discontinued, while the Board is evaluating options for deployment of surplus funds and the company’s future business direction.[1] [2] [3]
- Market Cap ₹ 22.1 Cr.
- Current Price ₹ 41.4
- High / Low ₹ 63.0 / 35.6
- Stock P/E 7.62
- Book Value ₹ 14.5
- Dividend Yield 0.00 %
- ROCE -0.90 %
- ROE -1.03 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 2.86 times its book value
- Company has a low return on equity of -7.45% over last 3 years.
- Earnings include an other income of Rs.4.87 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | |
| 0.41 | 0.63 | 0.36 | 0.30 | 0.23 | 0.35 | 0.28 | 0.40 | 0.42 | 0.59 | 0.67 | 0.60 | 0.69 | |
| Operating Profit | -0.41 | -0.63 | -0.36 | -0.30 | -0.23 | -0.35 | -0.28 | -0.40 | -0.42 | -0.56 | -0.67 | -0.60 | -0.69 |
| OPM % | -1,866.67% | ||||||||||||
| 0.32 | 0.27 | 0.28 | 0.35 | 0.32 | 0.19 | 0.45 | 0.26 | 0.11 | 0.12 | 0.14 | 0.55 | 4.87 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 |
| Depreciation | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 |
| Profit before tax | -0.11 | -0.38 | -0.10 | 0.03 | 0.07 | -0.18 | 0.15 | -0.16 | -0.33 | -0.46 | -0.63 | -0.07 | 4.15 |
| Tax % | 136.36% | 55.26% | 0.00% | 0.00% | -14.29% | 0.00% | 0.00% | 1,312.50% | 0.00% | -32.61% | 107.94% | 14.29% | |
| -0.26 | -0.59 | -0.10 | 0.04 | 0.08 | -0.18 | 0.15 | -2.26 | -0.33 | -0.31 | -1.31 | -0.08 | 2.90 | |
| EPS in Rs | -0.49 | -1.11 | -0.19 | 0.07 | 0.15 | -0.34 | 0.28 | -4.23 | -0.62 | -0.58 | -2.45 | -0.15 | 5.43 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | % |
| 3 Years: | 21% |
| TTM: | 344% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 13% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -12% |
| 3 Years: | -7% |
| Last Year: | -1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 | 0.53 |
| Reserves | 6.25 | 5.66 | 5.54 | 5.60 | 5.68 | 5.22 | 6.30 | 6.53 | 6.77 | 6.96 | 7.27 | 7.20 |
| 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.00 | |
| 0.19 | 0.17 | 0.20 | 0.12 | 0.11 | 0.15 | 0.15 | 0.14 | 0.33 | 0.45 | 0.13 | 0.13 | |
| Total Liabilities | 6.97 | 6.36 | 6.27 | 6.30 | 6.37 | 5.95 | 7.03 | 7.25 | 7.68 | 7.99 | 7.98 | 7.86 |
| 1.02 | 1.00 | 0.98 | 0.96 | 0.95 | 0.93 | 0.91 | 0.90 | 0.89 | 0.88 | 0.86 | 0.85 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.05 | 0.09 | 0.05 | 3.03 | 3.12 | 2.68 | 3.78 | 6.08 | 6.60 | 6.77 | 0.00 | 0.00 |
| 5.90 | 5.27 | 5.24 | 2.31 | 2.30 | 2.34 | 2.34 | 0.27 | 0.19 | 0.34 | 7.12 | 7.01 | |
| Total Assets | 6.97 | 6.36 | 6.27 | 6.30 | 6.37 | 5.95 | 7.03 | 7.25 | 7.68 | 7.99 | 7.98 | 7.86 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.44 | -0.23 | -0.23 | 2.70 | -0.20 | -0.45 | 0.97 | -0.16 | -0.33 | -0.66 | -1.32 | -0.68 | |
| 0.36 | 0.23 | 0.29 | -2.71 | 0.16 | 0.48 | -0.98 | 0.20 | 0.26 | 0.66 | 1.57 | 0.48 | |
| 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Cash Flow | -0.07 | 0.00 | 0.05 | -0.01 | -0.04 | 0.03 | -0.01 | 0.05 | -0.07 | 0.00 | 0.25 | -0.20 |
| Free Cash Flow | -0.44 | -0.23 | -0.23 | 2.70 | -0.20 | -0.45 | 0.97 | 0.03 | -0.10 | -0.03 | 6.70 | -0.68 |
| CFO/OP | 71% | 3% | 64% | -900% | 87% | 129% | -346% | 40% | 83% | 96% | 99% | 125% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 1,338.33 | |||||||||||
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 1,338.33 | |||||||||||
| Working Capital Days | -486.67 | |||||||||||
| ROCE % | -1.59% | -5.86% | -1.63% | 0.49% | 1.13% | -4.15% | 2.37% | -2.29% | -4.56% | -6.18% | -7.15% | -0.90% |
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Scrutinizer’s report filed for FY 2025-26 65th AGM held on 14 August 2026.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
- Bombay Wire Ropes shared 65th AGM voting results on 14 Aug 2026; resolutions passed, including director reappointments and auditor appointment.
- Proceeding Of The 65Th Annual General Meeting Held On 14-08-2026
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication of financial results for the quarter ended June 2026.
-
Reg. 34 (1) Annual Report.
- Revised FY2025-26 annual report issued on 24 July 2026 after AGM notice corrigendum.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
**Legacy business: **
The company historically manufactured
wire ropes, lifting slings and stainless-steel
wire ropes from Thane. FY26 filings confirm
that both the wire-rope factory and furniture business are closed; hence, there is no current manufacturing capacity or utilisation.[1][2][3]