Bansal Wire Industries Ltd
Incorporated in 1985, Bansal Wire Industries
Ltd manufactures and sells wires of multiple varieties[1]
- Market Cap ₹ 5,973 Cr.
- Current Price ₹ 381
- High / Low ₹ 504 / 323
- Stock P/E 46.1
- Book Value ₹ 75.6
- Dividend Yield 0.00 %
- ROCE 15.1 %
- ROE 16.3 %
- Face Value ₹ 5.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 36.4% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 1,372 | 1,403 | 1,477 | 2,197 | 2,412 | 2,284 | 3,203 | 3,435 | |
| 1,322 | 1,339 | 1,395 | 2,091 | 2,307 | 2,160 | 2,997 | 3,218 | |
| Operating Profit | 51 | 64 | 82 | 106 | 105 | 125 | 206 | 217 |
| OPM % | 4% | 5% | 6% | 5% | 4% | 5% | 6% | 6% |
| 3 | 2 | 3 | 7 | 9 | 7 | 13 | 17 | |
| Interest | 20 | 22 | 21 | 27 | 24 | 25 | 30 | 31 |
| Depreciation | 6 | 7 | 8 | 8 | 9 | 10 | 18 | 25 |
| Profit before tax | 27 | 38 | 56 | 78 | 82 | 97 | 172 | 178 |
| Tax % | 33% | 30% | 28% | 27% | 26% | 29% | 27% | |
| 18 | 26 | 40 | 57 | 60 | 68 | 125 | 129 | |
| EPS in Rs | 47.61 | 68.91 | 136.24 | 62.93 | 65.89 | 5.37 | 7.99 | 8.27 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 13% |
| TTM: | 42% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 36% |
| 3 Years: | 30% |
| TTM: | 72% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 19% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 3 | 9 | 9 | 64 | 78 |
| Reserves | 102 | 128 | 157 | 214 | 277 | 290 | 1,105 |
| 211 | 263 | 362 | 413 | 422 | 603 | 537 | |
| 38 | 41 | 48 | 59 | 44 | 95 | 265 | |
| Total Liabilities | 355 | 436 | 570 | 695 | 753 | 1,052 | 1,985 |
| 86 | 99 | 106 | 116 | 116 | 142 | 507 | |
| CWIP | 0 | 0 | 0 | 0 | 38 | 202 | 163 |
| Investments | 0 | 0 | 0 | 23 | 23 | 55 | 99 |
| 269 | 337 | 465 | 557 | 577 | 653 | 1,216 | |
| Total Assets | 355 | 436 | 570 | 695 | 753 | 1,052 | 1,985 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 20 | -10 | -37 | -12 | 102 | 74 | -106 | |
| -8 | -21 | -33 | -19 | -87 | -229 | -504 | |
| -11 | 31 | 70 | 30 | -15 | 156 | 610 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 1 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 44 | 51 | 41 | 38 | 44 | 51 |
| Inventory Days | 35 | 45 | 65 | 55 | 45 | 51 | 68 |
| Days Payable | 0 | 1 | 6 | 4 | 3 | 9 | 31 |
| Cash Conversion Cycle | 74 | 88 | 111 | 92 | 81 | 85 | 87 |
| Working Capital Days | 18 | 27 | 42 | 35 | 40 | 32 | 44 |
| ROCE % | 17% | 17% | 18% | 16% | 14% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
25 Jul - Bansal Wire Industries Limited has informed regarding transcript of audio call recording of the earnings call to discuss the Un-Audited Financial Results (Standalone and Consolidated) …
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Announcement under Regulation 30 (LODR)-Monitoring Agency Report
25 Jul - CRISIL report confirms Bansal Wire's IPO proceeds fully utilized as per disclosed objects by June 30, 2025.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
22 Jul - Audio recording of Q1 FY26 earnings call for un-audited financial results released.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Jul - Bansal Wire Industries Limited has informed regarding Newspaper publication of Un-Audited Financial Results for the Q1 FY26
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Announcement under Regulation 30 (LODR)-Investor Presentation
21 Jul - Bansal Wire Industries Limited has informed regarding investor presentation on Un-Audited financial results of the Company for the Q1 FY26
Concalls
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Jul 2025Transcript PPT REC
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May 2025Transcript PPT
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
Business Overview:[1]
Bansal Wire Industries Ltd is a leading Indian steel wire manufacturer, ranked 2nd by volume overall and the largest in stainless steel wire by volume. It serves 5,000+ customers across 50+ countries, with an 89.56% retention rate among its top 300 clients.