Bombay Wire Ropes Ltd

Bombay Wire Ropes Ltd

₹ 54.0 -2.00%
29 Apr 12:21 p.m.
About

Incorporated in 1961, Bombay Wire Ropes Ltd manufacturers wire ropes and specialty
steel

Key Points

Operational Status:[1]
Company is unable to perform any operational activity for the past many years. It is evaluating alternative business opportunities which it may choose to enter into in future.

  • Market Cap 28.8 Cr.
  • Current Price 54.0
  • High / Low 84.8 / 21.6
  • Stock P/E
  • Book Value 14.0
  • Dividend Yield 0.00 %
  • ROCE -6.20 %
  • ROE -4.19 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.85 times its book value
  • Company has low interest coverage ratio.
  • Company has a low return on equity of -13.5% over last 3 years.

* 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

Sector: Steel Industry: Steel - Medium / Small

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.07 0.08 0.19 0.09 0.11 0.08 0.12 0.10 0.12 0.10 0.16 0.16 0.15
Operating Profit -0.07 -0.08 -0.19 -0.09 -0.11 -0.08 -0.12 -0.10 -0.12 -0.10 -0.16 -0.16 -0.15
OPM %
0.09 0.04 0.16 0.03 0.03 0.03 0.03 0.04 0.02 0.02 0.04 0.03 0.03
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.02 -0.04 -0.03 -0.06 -0.08 -0.05 -0.09 -0.06 -0.10 -0.08 -0.12 -0.13 -0.12
Tax % -50.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 125.00%
0.02 -0.04 -0.04 -0.07 -0.08 -0.06 -0.10 -0.06 -0.11 -0.08 -0.12 -0.14 0.03
EPS in Rs 0.04 -0.07 -0.07 -0.13 -0.15 -0.11 -0.19 -0.11 -0.21 -0.15 -0.22 -0.26 0.06
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.54 0.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.76 0.60 0.41 0.63 0.36 0.30 0.23 0.35 0.28 0.40 0.42 0.56
Operating Profit -2.22 -0.18 -0.41 -0.63 -0.36 -0.30 -0.23 -0.35 -0.28 -0.40 -0.42 -0.56
OPM % -144.16% -42.86%
13.92 0.19 0.32 0.27 0.28 0.35 0.32 0.19 0.45 0.26 0.11 0.12
Interest 0.15 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02
Profit before tax 11.52 -0.03 -0.11 -0.38 -0.10 0.03 0.07 -0.18 0.15 -0.16 -0.33 -0.46
Tax % 0.17% 0.00% -136.36% -55.26% 0.00% 0.00% -14.29% 0.00% 0.00% -1,312.50% 0.00% 32.61%
11.50 -0.03 -0.26 -0.59 -0.10 0.04 0.08 -0.18 0.15 -2.26 -0.33 -0.31
EPS in Rs 21.70 -0.06 -0.49 -1.11 -0.19 0.07 0.15 -0.34 0.28 -4.23 -0.62 -0.58
Dividend Payout % 4.61% 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: %
5 Years: %
3 Years: %
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 194%
1 Year: 91%
Return on Equity
10 Years: -6%
5 Years: -9%
3 Years: -13%
Last Year: -4%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
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 6.54 6.51 6.25 5.66 5.54 5.60 5.68 5.22 6.30 6.53 6.77 6.96
0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.05 0.05 0.05 0.05 0.00
1.25 0.37 0.19 0.17 0.20 0.12 0.11 0.15 0.15 0.14 0.33 0.43
Total Liabilities 8.32 7.41 6.97 6.36 6.27 6.30 6.37 5.95 7.03 7.25 7.68 7.92
1.05 1.03 1.02 1.00 0.98 0.96 0.95 0.93 0.91 0.90 0.89 0.88
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 3.63 0.00 0.05 0.09 0.05 3.03 3.12 2.68 3.78 6.08 6.60 6.77
3.64 6.38 5.90 5.27 5.24 2.31 2.30 2.34 2.34 0.27 0.19 0.27
Total Assets 8.32 7.41 6.97 6.36 6.27 6.30 6.37 5.95 7.03 7.25 7.68 7.92

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-6.01 -4.51 -0.44 -0.23 -0.23 2.70 -0.20 -0.45 0.97 -0.16 -0.33 -0.66
25.37 4.05 0.36 0.23 0.29 -2.71 0.16 0.48 -0.98 0.20 0.26 0.66
-19.36 0.60 0.00 0.00 -0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.00 0.14 -0.07 0.00 0.05 -0.01 -0.04 0.03 -0.01 0.05 -0.07 0.00

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 0.00
Inventory Days 0.00
Days Payable
Cash Conversion Cycle 0.00 0.00
Working Capital Days -9.48 2,615.83
ROCE % -45.17% -0.14% -1.59% -5.86% -1.63% 0.49% 1.13% -4.15% 2.37% -2.29% -4.56%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
63.62% 63.62% 63.62% 63.62% 63.62% 63.61% 63.61% 63.61% 63.61% 63.61% 63.61% 63.61%
13.78% 13.78% 13.78% 13.74% 13.63% 13.22% 11.45% 10.41% 10.41% 10.41% 10.41% 10.41%
22.60% 22.60% 22.60% 22.64% 22.76% 23.16% 24.93% 25.97% 25.97% 25.97% 25.97% 25.97%
No. of Shareholders 9409939901,4851,5271,6151,7801,9141,9161,8362,0292,308

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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