Bharat Wire Ropes Ltd
Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings.
[1]
- Market Cap ₹ 1,130 Cr.
- Current Price ₹ 165
- High / Low ₹ 249 / 154
- Stock P/E 11.8
- Book Value ₹ 40.8
- Dividend Yield 0.00 %
- ROCE 18.7 %
- ROE 42.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 41.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
- Promoters have pledged 51.0% of their holding.
- Debtor days have increased from 37.2 to 46.5 days.
* 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 Allcap BSE Industrials
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 411 | 589 | 622 | |
| 348 | 450 | 458 | |
| Operating Profit | 62 | 139 | 164 |
| OPM % | 15% | 24% | 26% |
| 1 | 1 | 1 | |
| Interest | 23 | 22 | 15 |
| Depreciation | 21 | 21 | 21 |
| Profit before tax | 18 | 97 | 129 |
| Tax % | 24% | 36% | 25% |
| 14 | 62 | 96 | |
| EPS in Rs | 2.14 | 9.17 | 14.14 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 55% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 12% |
| 1 Year: | -13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| Last Year: | 42% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 64 | 68 | 68 |
| Reserves | 5 | 110 | 210 |
| 652 | 564 | 515 | |
| 53 | 39 | 42 | |
| Total Liabilities | 774 | 781 | 835 |
| 492 | 481 | 475 | |
| CWIP | 0 | 3 | 13 |
| Investments | 0 | 2 | 2 |
| 282 | 294 | 345 | |
| Total Assets | 774 | 781 | 835 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 24 | 83 | 85 | |
| -0 | -13 | -25 | |
| -25 | -64 | -61 | |
| Net Cash Flow | -2 | 6 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 35 | 30 | 46 |
| Inventory Days | 113 | 122 | 110 |
| Days Payable | 44 | 20 | 7 |
| Cash Conversion Cycle | 104 | 132 | 150 |
| Working Capital Days | 91 | 120 | 165 |
| ROCE % | 16% | 19% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Export Revenue Share % ・Standalone data |
|
|||||||||
| Number of Total Employees Count ・Standalone data |
||||||||||
| Total Manufacturing Capacity MTPA ・Standalone data |
||||||||||
| Sales Volume MT ・Standalone data |
||||||||||
| EBITDA per Metric Ton INR ・Standalone data |
||||||||||
| Capacity Utilization % ・Standalone data |
||||||||||
| High Value Added Product Mix Share % ・Standalone data |
||||||||||
| Number of Countries Exported To Count ・Standalone data |
||||||||||
| PSI Subsidy Accrued (Total Claim) INR Crores ・Standalone data |
||||||||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
2d - Appointed M/s Borkar & Muzumdar as statutory auditor (FRN 101569W) on 07-Mar-2026, subject to shareholder approval.
- Announcement under Regulation 30 (LODR)-Investor Presentation 20 Feb
- Announcement under Regulation 30 (LODR)-Investor Presentation 17 Feb
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
10 Feb - CNK & Associates resigned as statutory auditor effective 09-Feb-2026 over fee dispute; limited review completed; replacement to be considered.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Feb - News Paper Advertisement of the Extract of Un-Audited Financial Results for the Quarter ended 31.12.2025
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
Concalls
-
Feb 2026TranscriptAI SummaryPPT
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025TranscriptAI SummaryPPT
-
Jun 2025TranscriptAI SummaryPPT
-
May 2025TranscriptAI SummaryPPT
-
Feb 2025TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
-
Nov 2024TranscriptAI SummaryPPT
-
Aug 2024TranscriptAI SummaryPPT
-
May 2024Transcript PPT
-
Mar 2024TranscriptAI SummaryPPT
-
Jan 2024Transcript PPT REC
-
Nov 2023Transcript PPT
-
Oct 2023TranscriptAI SummaryPPT
-
Aug 2023Transcript PPT
-
Jul 2023TranscriptAI SummaryPPT
-
May 2023Transcript PPT
-
Mar 2023TranscriptAI SummaryPPT
-
Jan 2023TranscriptAI SummaryPPT
-
Nov 2022TranscriptAI SummaryPPT
-
Oct 2022TranscriptAI SummaryPPT
-
Aug 2022TranscriptAI SummaryPPT
-
Aug 2022TranscriptAI SummaryPPT
-
Jun 2022TranscriptAI SummaryPPT
-
Jun 2017TranscriptAI SummaryPPT
Products Portfolio
The company is one of the largest manufacturers of Steel Wire Ropes in India. [1]