Bansal Wire Industries Ltd
Incorporated in 1985, Bansal Wire Industries
Ltd manufactures and sells wires of multiple varieties[1]
- Market Cap ₹ 6,006 Cr.
- Current Price ₹ 384
- High / Low ₹ 504 / 323
- Stock P/E 48.0
- 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.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Part of BSE SmallCap BSE IPO BSE Allcap BSE Industrials Nifty Microcap 250
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 | |
---|---|---|---|---|---|---|---|
1,372 | 1,403 | 1,477 | 2,197 | 2,412 | 2,284 | 3,203 | |
1,322 | 1,339 | 1,395 | 2,091 | 2,307 | 2,160 | 2,997 | |
Operating Profit | 51 | 64 | 82 | 106 | 105 | 125 | 206 |
OPM % | 4% | 5% | 6% | 5% | 4% | 5% | 6% |
3 | 2 | 3 | 7 | 9 | 7 | 13 | |
Interest | 20 | 22 | 21 | 27 | 24 | 25 | 30 |
Depreciation | 6 | 7 | 8 | 8 | 9 | 10 | 18 |
Profit before tax | 27 | 38 | 56 | 78 | 82 | 97 | 172 |
Tax % | 33% | 30% | 28% | 27% | 26% | 29% | 27% |
18 | 26 | 40 | 57 | 60 | 68 | 125 | |
EPS in Rs | 47.61 | 68.91 | 136.24 | 62.93 | 65.89 | 5.37 | 7.99 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 13% |
TTM: | 40% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 36% |
3 Years: | 30% |
TTM: | 89% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
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 | 61 | 78 | 104 | 83 | 74 | 82 | 91 |
ROCE % | 17% | 17% | 18% | 16% | 14% | 15% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3h - Audio recording of Q4 and FY2025 earnings call released by Bansal Wire Industries.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5h - Bansal Wire Industries Limited has informed regarding newspaper advertisement published in Financial Express (English) and Jansatta (Hindi) for Audited Financial Results of the Company for …
-
Announcement under Regulation 30 (LODR)-Investor Presentation
23h - Bansal Wire Industries Limited has informed about Investor presentation on audited financial results for the quarter and financial year ended March 31, 2025, pursuant to …
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Q4 FY25 net profit up 36% to ₹331 Mn; ₹6,000 Mn capex for new Gujarat steel wire plant.
-
Disclosure Under Regulation 30(5) Of SEBI (LODR)Regulations, 2015
1d - Authorized persons appointed for materiality determination and disclosures under SEBI regulations.
Concalls
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May 2025TranscriptNotesPPT
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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][2]
BWIL is the flagship company of the Bansal group. It is the largest Stainless Steel Wire manufacturer and 2nd Largest Steel Wire manufacturer in India by volume. It has ~3,000+ SKUs which is the highest
among all steel wire manufacturers in India. Company has ~5,000+ customers across
various industries, and exports to ~50+
countries