Bansal Wire Industries Ltd

Bansal Wire Industries Ltd

₹ 384 -2.54%
21 May 4:11 p.m.
About

Incorporated in 1985, Bansal Wire Industries
Ltd manufactures and sells wires of multiple varieties[1]

Key Points

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

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
548 603 562 571 677 701 929 897
522 567 531 540 631 654 873 839
Operating Profit 26 36 31 31 45 47 56 58
OPM % 5% 6% 5% 5% 7% 7% 6% 6%
1 5 1 1 1 5 3 4
Interest 6 6 6 7 9 4 6 11
Depreciation 2 2 2 3 3 3 5 8
Profit before tax 19 32 23 22 35 45 48 44
Tax % 9% 44% 43% 10% 25% 26% 25% 32%
17 18 13 20 26 33 36 30
EPS in Rs 19.00 19.94 1.03 1.56 2.04 2.14 2.28 1.92
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025
77.97% 77.99% 77.99% 77.99%
2.30% 2.91% 2.90% 2.36%
13.07% 14.92% 15.50% 16.19%
6.67% 4.18% 3.63% 3.47%
No. of Shareholders 1,00,21862,83957,96956,325

* 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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