Bansal Wire Industries Ltd

Bansal Wire Industries Ltd

₹ 301 0.80%
13 May - close price
About

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

Key Points

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.

  • Market Cap 4,684 Cr.
  • Current Price 301
  • High / Low 434 / 222
  • Stock P/E 35.5
  • Book Value 83.9
  • Dividend Yield 0.00 %
  • ROCE 12.3 %
  • ROE 10.6 %
  • Face Value 5.00

Pros

  • Company has delivered good profit growth of 26.7% CAGR over last 5 years

Cons

  • Stock is trading at 3.59 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.8% 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.

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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 Jun 2025 Sep 2025 Dec 2025 Mar 2026
548 603 562 571 677 701 929 897 908 1,011 984 1,108
522 567 531 540 631 654 873 841 852 951 918 1,048
Operating Profit 26 36 31 31 45 47 56 56 56 60 66 60
OPM % 5% 6% 5% 5% 7% 7% 6% 6% 6% 6% 7% 5%
1 5 1 1 1 5 3 4 5 6 1 3
Interest 6 6 6 7 9 4 6 9 11 12 11 10
Depreciation 2 2 2 3 3 3 5 8 9 12 12 12
Profit before tax 19 32 23 22 35 45 48 44 41 42 45 41
Tax % 9% 44% 43% 10% 25% 26% 25% 32% 27% 24% 24% 18%
17 18 13 20 26 33 36 30 30 32 34 34
EPS in Rs 19.00 19.94 1.03 1.56 2.04 2.14 2.28 1.92 1.93 2.03 2.17 2.15
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 Mar 2026
1,372 1,403 1,477 2,197 2,412 2,284 3,203 4,011
1,322 1,339 1,395 2,091 2,307 2,160 2,997 3,769
Operating Profit 51 64 82 106 105 125 206 242
OPM % 4% 5% 6% 5% 4% 5% 6% 6%
3 2 3 7 9 7 13 15
Interest 20 22 21 27 24 25 30 44
Depreciation 6 7 8 8 9 10 18 45
Profit before tax 27 38 56 78 82 97 172 169
Tax % 33% 30% 28% 27% 26% 29% 27% 23%
18 26 40 57 60 68 125 130
EPS in Rs 47.61 68.91 136.24 62.93 65.89 5.37 7.99 8.29
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 22%
3 Years: 18%
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: 27%
3 Years: 30%
TTM: 5%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -18%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 14%
Last Year: 11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 4 4 3 9 9 64 78 78
Reserves 102 128 157 214 277 290 1,105 1,235
211 263 362 413 422 603 537 470
38 41 48 59 44 95 265 398
Total Liabilities 355 436 570 695 753 1,052 1,985 2,182
86 99 106 116 116 142 507 651
CWIP 0 0 0 0 38 202 163 181
Investments 0 0 0 23 23 55 99 99
269 337 465 557 577 653 1,216 1,249
Total Assets 355 436 570 695 753 1,052 1,985 2,182

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
20 -10 -37 -12 102 74 -106 218
-8 -21 -33 -19 -87 -229 -504 -107
-11 31 70 30 -15 156 610 -111
Net Cash Flow 0 0 0 -0 0 1 -0 1
Free Cash Flow 10 -30 -53 -30 56 -124 -450 21
CFO/OP 56% 2% -33% 5% 127% 81% -30% 103%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 39 44 51 41 38 44 51 51
Inventory Days 35 45 65 55 45 51 68 55
Days Payable 0 1 6 4 3 12 31 33
Cash Conversion Cycle 74 88 111 92 81 83 87 74
Working Capital Days 18 27 42 35 40 32 44 41
ROCE % 17% 17% 18% 16% 14% 15% 12%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Dec 2025
Installed Capacity
MTPA

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Capacity Utilization
%
Sales Volume
MT
Market Share (Stainless Steel Wire)
%
Number of Customers
Number
Number of SKUs
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
77.97% 77.99% 77.99% 77.99% 77.99% 77.99% 77.99% 77.99%
2.30% 2.91% 2.90% 2.36% 2.07% 2.35% 2.12% 0.88%
13.07% 14.92% 15.50% 16.19% 16.15% 15.92% 15.67% 17.06%
6.67% 4.18% 3.63% 3.47% 3.78% 3.73% 4.23% 4.08%
No. of Shareholders 1,00,21862,83957,96956,32556,12456,03054,37952,905

* 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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