Bharat Wire Ropes Ltd
Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings.
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- Market Cap ₹ 1,530 Cr.
- Current Price ₹ 223
- High / Low ₹ 262 / 148
- Stock P/E 21.1
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 12.3 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoters have pledged 51.0% of their holding.
* 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
Industrials Capital Goods Industrial Products Iron & Steel Products
Part of BSE Industrials
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77 | 61 | 65 | 165 | 240 | 258 | 250 | 411 | 589 | 622 | 619 | 591 | |
| 67 | 52 | 59 | 147 | 222 | 229 | 218 | 348 | 450 | 458 | 487 | 460 | |
| Operating Profit | 9 | 8 | 6 | 18 | 19 | 29 | 33 | 62 | 139 | 164 | 132 | 131 |
| OPM % | 12% | 14% | 9% | 11% | 8% | 11% | 13% | 15% | 24% | 26% | 21% | 22% |
| -2 | 0 | 3 | 20 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | |
| Interest | 4 | 4 | 3 | 25 | 73 | 89 | 34 | 23 | 22 | 15 | 13 | 11 |
| Depreciation | 2 | 2 | 4 | 12 | 21 | 22 | 22 | 21 | 21 | 21 | 22 | 24 |
| Profit before tax | 1 | 2 | 3 | 0 | -74 | -82 | -23 | 18 | 97 | 129 | 98 | 97 |
| Tax % | 70% | 40% | 16% | 20% | -40% | -26% | -26% | 24% | 36% | 25% | 26% | 25% |
| 0 | 1 | 2 | 0 | -45 | -61 | -17 | 14 | 62 | 96 | 72 | 72 | |
| EPS in Rs | 0.11 | 0.30 | 0.54 | 0.06 | -9.91 | -13.56 | -2.68 | 2.14 | 9.17 | 14.16 | 10.58 | 10.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 26% |
| 5 Years: | 19% |
| 3 Years: | 0% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 49% |
| 5 Years: | 45% |
| 3 Years: | 5% |
| TTM: | 0% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 32% |
| 3 Years: | 7% |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 24% |
| 3 Years: | 21% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 45 | 45 | 45 | 45 | 45 | 63 | 64 | 68 | 68 | 68 | 69 |
| Reserves | 41 | 93 | 96 | 98 | 55 | -6 | -10 | 5 | 110 | 210 | 285 | 742 |
| 42 | 196 | 371 | 525 | 610 | 674 | 657 | 652 | 564 | 515 | 514 | 75 | |
| 39 | 83 | 87 | 68 | 57 | 39 | 37 | 53 | 39 | 42 | 88 | 104 | |
| Total Liabilities | 152 | 417 | 599 | 736 | 767 | 752 | 747 | 774 | 781 | 835 | 956 | 990 |
| 66 | 65 | 340 | 566 | 560 | 539 | 513 | 492 | 481 | 475 | 484 | 535 | |
| CWIP | 11 | 159 | 142 | 2 | 1 | 1 | 1 | 0 | 3 | 13 | 47 | 4 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 0 | 0 |
| 75 | 193 | 117 | 169 | 206 | 213 | 233 | 282 | 294 | 345 | 425 | 451 | |
| Total Assets | 152 | 417 | 599 | 736 | 767 | 752 | 747 | 774 | 781 | 835 | 956 | 990 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -6 | 36 | 17 | 32 | 83 | 151 | -244 | 24 | 83 | 85 | 74 | 98 | |
| -5 | -193 | -259 | -98 | -14 | -0 | -1 | -0 | -13 | -25 | -62 | -31 | |
| 11 | 227 | 172 | 90 | -90 | -152 | 247 | -25 | -64 | -61 | -11 | -66 | |
| Net Cash Flow | -0 | 70 | -69 | 23 | -21 | -1 | 2 | -2 | 6 | -0 | 1 | -0 |
| Free Cash Flow | -11 | -113 | -242 | -67 | 68 | 151 | -246 | 23 | 70 | 60 | 10 | 66 |
| CFO/OP | -69% | 448% | 279% | 181% | 443% | 521% | -748% | 38% | 60% | 52% | 56% | 79% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67 | 102 | 95 | 51 | 55 | 42 | 53 | 35 | 30 | 46 | 51 | 60 |
| Inventory Days | 274 | 325 | 334 | 243 | 213 | 174 | 148 | 113 | 122 | 110 | 131 | 140 |
| Days Payable | 97 | 86 | 150 | 124 | 76 | 24 | 25 | 44 | 20 | 7 | 18 | 12 |
| Cash Conversion Cycle | 245 | 341 | 280 | 170 | 192 | 191 | 176 | 104 | 132 | 150 | 164 | 188 |
| Working Capital Days | 67 | -87 | 81 | -36 | -212 | -396 | 104 | 91 | 120 | 165 | 185 | 219 |
| ROCE % | 6% | 3% | 1% | 4% | -0% | 1% | 2% | 6% | 16% | 19% | 13% | 12% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
1d - Earning Presentation for the quarter ended 31st March, 2026
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Compliances-Reg.24(A)-Annual Secretarial Compliance
22 May - Bharat Wire Ropes submitted annual secretarial compliance report for FY2025-26; auditor change noted.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 May - News Paper Publication of Extract of Financial Results for the quarter and year ended 31st March, 2026
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Announcement under Regulation 30 (LODR)-Change in Management
16 May - Board appointed internal and cost auditors for FY2026-27, and Borkar & Muzumdar as statutory auditor for 2026-27 to 2030-31.
- Audited Financial Results For The Quarter And Year Ended 31St March, 2026 16 May
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Concalls
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May 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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May 2024Transcript PPT
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Mar 2024TranscriptAI SummaryPPT
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Jan 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Oct 2023TranscriptAI SummaryPPT
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Jul 2023TranscriptAI SummaryPPT
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May 2023Transcript PPT
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Mar 2023TranscriptAI SummaryPPT
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Jan 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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Jun 2022TranscriptAI SummaryPPT
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Jun 2017TranscriptAI SummaryPPT
Products Portfolio
The company is one of the largest manufacturers of Steel Wire Ropes in India. [1]