Bharat Wire Ropes Ltd

Bharat Wire Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Bharat Wire Ropes Ltd

₹ 255 -1.54%
21 Sep - close price
bharatwireropes.com BSE: 539799 NSE : BHARATWIRE
About

Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings.
[1]

Key Points

Products
The Company has a diverse product mix which includes General Purpose Ropes, Fishing Ropes, Crane Ropes, Structural Ropes, Elevator Ropes, Mining Ropes, Oil & Gas Ropes, Shipping Ropes, Mechanically Spliced Slings, Hand Spliced Slings, Earth Wires, Stay Wires, Guy Wires and Spiral Strands. [1]

Website BSE NSE
  • Market Cap ₹ 1,734 Cr.
  • Current Price ₹ 255
  • High / Low ₹ 294 / 87.3
  • Stock P/E 27.9
  • Book Value ₹ 26.1
  • Dividend Yield 0.00 %
  • ROCE 16.2 %
  • ROE 12.3 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 9.75 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoters have pledged 44.6% 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

Sector: Steel Industry: Steel - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Dec 2022 Mar 2023 Jun 2023
134 144 162 158
113 108 117 117
Operating Profit 21 37 46 41
OPM % 16% 25% 28% 26%
0 0 0 0
Interest 6 7 6 4
Depreciation 5 5 5 5
Profit before tax 10 25 34 32
Tax % 22% 25% 54% 26%
8 19 16 24
EPS in Rs 1.21 2.93 2.35 3.50
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
411 589
348 450
Operating Profit 62 139
OPM % 15% 24%
1 1
Interest 23 22
Depreciation 21 21
Profit before tax 18 97
Tax % 24% 36%
14 62
EPS in Rs 2.14 9.17
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 43%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 355%
Stock Price CAGR
10 Years: %
5 Years: 24%
3 Years: 119%
1 Year: 109%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
446 451
Reserves 5 110
269 182
436 422
Total Liabilities 774 781
492 481
CWIP 0 3
Investments 0 2
282 294
Total Assets 774 781

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
24 83
-0 -13
-25 -64
Net Cash Flow -2 6

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 35 30
Inventory Days 113 122
Days Payable 44 20
Cash Conversion Cycle 104 132
Working Capital Days 146 144
ROCE % 16%

Shareholding Pattern

Numbers in percentages

9 Recently
Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
40.23% 40.23% 37.87% 37.87% 37.60% 37.60% 37.47% 36.96% 36.81% 36.78% 39.90% 39.86%
1.22% 1.22% 0.87% 0.87% 0.02% 0.02% 0.03% 0.00% 0.99% 0.99% 1.43% 1.06%
0.00% 0.00% 10.00% 10.00% 9.93% 9.93% 9.89% 9.76% 6.62% 4.67% 3.61% 3.20%
58.55% 58.55% 51.25% 51.25% 52.45% 52.45% 52.61% 53.28% 55.58% 57.56% 55.07% 55.89%
No. of Shareholders 6,8446,5646,5736,4577,2397,5868,0968,77010,91611,96412,99618,775

* 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.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls