Sharescart Research Club logo

Bharat Wire Ropes Overview

Bharat Wire Ropes Ltd is a specialty wire ropes manufacturing business enterprise, that's engaged in production of Wires, Wire Ropes, Slings and Stranded Wires, amongst others. The Company manufactures wire ropes for numerous sectors, together with general engineering, fishing, elevators, cranes, power transmission, suspension bridges, onshore/offshore oil exploration, material handling, ports and delivery, mining, defense and railways. It additionally has a product blend, which includes Mechanically Spliced Slings, Hand Spliced Slings, Earth W...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Bharat Wire Ropes Key Financials

Market Cap ₹1522 Cr.

Stock P/E 21

P/B 1.9

Current Price ₹222

Book Value ₹ 115.8

Face Value 10

52W High ₹248.7

Dividend Yield 0%

52W Low ₹ 149.2

Bharat Wire Ropes Share Price

₹ | |

Volume
Price

Bharat Wire Ropes Quarterly Price

Show Value Show %

Bharat Wire Ropes Peer Comparison

Bharat Wire Ropes Quarterly Results

#(Fig in Cr.) Dec 2021 Jun 2022 Sep 2022 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 104 133 150 133 152 162 172 142 165 143
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 104 133 150 134 152 162 172 142 165 143
Total Expenditure 88 108 118 101 118 133 135 112 126 110
Operating Profit 15 25 31 33 34 29 37 30 39 33
Interest 6 4 5 3 3 4 4 4 3 2
Depreciation 5 5 5 5 5 5 6 6 6 6
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 16 21 24 26 20 28 21 30 24
Provision for Tax 1 4 5 6 7 5 7 5 8 6
Profit After Tax 3 12 15 18 19 15 21 16 22 18
Adjustments 0 0 -0 -0 0 -0 0 0 0 0
Profit After Adjustments 3 12 15 18 19 15 21 16 22 18
Adjusted Earnings Per Share 0.5 1.9 2.4 2.6 2.8 2.2 3 2.3 3.2 2.7

Bharat Wire Ropes Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 77 61 65 165 241 258 250 411 589 622 619 622
Other Income 0 0 3 21 1 1 1 1 1 1 1 0
Total Income 77 61 68 186 242 258 251 411 590 623 620 622
Total Expenditure 67 53 59 148 222 229 218 349 450 458 487 483
Operating Profit 9 8 9 38 20 29 33 63 139 165 133 139
Interest 4 4 3 25 73 90 34 23 22 15 13 13
Depreciation 2 2 4 12 21 22 22 21 21 21 22 24
Exceptional Income / Expenses -2 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 2 3 0 -74 -82 -23 18 97 129 98 103
Provision for Tax 1 1 0 0 -30 -21 -6 4 34 33 25 26
Profit After Tax 0 1 2 0 -45 -61 -17 14 62 96 72 77
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 2 0 -45 -61 -17 14 62 96 72 77
Adjusted Earnings Per Share 0 0 0.5 0.1 -9.9 -13.6 -2.7 2.1 9.2 14.2 10.6 11.2

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -0% 15% 19% 23%
Operating Profit CAGR -19% 28% 36% 31%
PAT CAGR -25% 73% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 23% 14% 40% 17%
ROE Average 10% 13% 7% -8%
ROCE Average 13% 16% 11% 6%

Bharat Wire Ropes Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 71 138 141 143 100 39 435 452 560 661 737
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 18 173 349 434 358 279 214 207 143 105 77
Other Non-Current Liabilities 21 31 30 9 -20 -41 -47 -42 -8 26 51
Total Current Liabilities 42 74 79 151 304 430 92 110 72 44 91
Total Liabilities 152 417 599 736 742 706 694 726 767 835 956
Fixed Assets 66 65 340 566 560 539 513 492 481 475 484
Other Non-Current Assets 28 220 163 11 12 13 13 19 11 27 58
Total Current Assets 58 132 96 160 169 154 168 215 274 333 415
Total Assets 152 417 599 736 742 706 694 726 767 835 956

Bharat Wire Ropes Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 2 2 72 2 26 4 3 5 3 9 8
Cash Flow from Operating Activities -6 36 17 32 83 151 -244 24 83 85 74
Cash Flow from Investing Activities -5 -193 -259 -98 -14 -0 -1 -0 -13 -25 -62
Cash Flow from Financing Activities 11 227 172 90 -90 -152 247 -25 -64 -61 -11
Net Cash Inflow / Outflow -0 70 -69 23 -21 -1 2 -2 6 -0 1
Closing Cash & Cash Equivalent 2 72 2 26 4 3 5 3 9 8 9

Bharat Wire Ropes Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 0.54 0.06 -9.91 -13.56 -2.68 2.14 9.17 14.16 10.58
CEPS(Rs) 0.94 0.81 1.41 2.8 -5.23 -8.71 0.78 5.5 12.21 17.27 13.8
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 31.31 31.34 21.43 7.87 68.96 70.63 82.5 96.59 107.03
Core EBITDA Margin(%) 11.07 12.26 8.58 10.19 7.76 11.24 12.97 15.14 23.57 26.38 21.38
EBIT Margin(%) 5.75 8.8 7.71 15.18 -0.44 2.98 4.57 10.06 20.17 23.1 17.95
Pre Tax Margin(%) 1.3 3.35 4.11 0.18 -30.78 -31.82 -9.11 4.37 16.4 20.73 15.8
PAT Margin (%) 0.39 2.03 3.43 0.15 -18.52 -23.65 -6.71 3.33 10.57 15.49 11.7
Cash Profit Margin (%) 3.32 5.49 8.9 7.5 -9.78 -15.19 1.96 8.55 14.07 18.9 15.25
ROA(%) 0.22 0.47 0.48 0.04 -6.03 -8.42 -2.4 1.92 8.34 12.03 8.09
ROE(%) 0.47 1.28 1.75 0.18 -37.57 -92.55 -7.19 3.1 12.31 15.83 10.42
ROCE(%) 4.57 2.61 1.29 4.32 -0.15 1.08 1.61 5.78 16.25 18.72 13.39
Receivable days 79.84 85.62 86.83 43.65 45.05 46.42 47.9 33.85 27.13 37.22 48.88
Inventory Days 165.31 201.14 200.63 127.34 123.1 117.92 103.86 64.51 59.03 61.24 65.37
Payable days 117.76 114.35 109.56 55.93 39.27 29.9 22.19 24.04 17.17 7.56 11.89
PER(x) 0 0 178.43 2012.64 0 0 0 31.76 16.9 19.47 18.22
Price/Book(x) 0 0 3.09 3.56 2.67 1.38 0.5 0.96 1.88 2.85 1.8
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.91 2.78 12.41 6.07 3.58 2.79 1.94 1.7 2.08 3.22 2.33
EV/Core EBITDA(x) 7.57 20.81 85.88 26.44 43.19 24.4 14.67 11.15 8.78 12.13 10.82
Net Sales Growth(%) -6.7 -20.88 6.8 154.36 45.93 7.1 -2.93 64.16 43.44 5.56 -0.41
EBIT Growth(%) -18.66 21.42 -5.96 365.16 -104.13 829.75 48.62 261.49 187.6 20.91 -22.64
PAT Growth(%) -78.26 310.82 81.73 -89.79 0 -36.81 72.46 181.4 355.54 54.76 -24.81
EPS Growth(%) 0 0 0 -89.79 0 -36.81 80.22 179.8 328.25 54.43 -25.26
Debt/Equity(x) 0.6 1.42 2.64 3.73 6.33 19.05 0.63 0.6 0.32 0.2 0.18
Current Ratio(x) 1.38 1.78 1.21 1.06 0.56 0.36 1.83 1.96 3.82 7.55 4.57
Quick Ratio(x) 0.46 1.31 0.66 0.57 0.26 0.18 1.13 1.23 2.29 5.32 3.21
Interest Cover(x) 1.29 1.61 2.14 1.01 -0.01 0.09 0.33 1.77 5.35 9.72 8.34
Total Debt/Mcap(x) 0 0 0.85 1.05 2.38 13.76 1.26 0.62 0.17 0.07 0.1

Bharat Wire Ropes Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 39.83 39.83 40.76 40.98 40.93 41.24 41.35 41.27 41.27 41.27
FII 0.16 0.45 2.05 2.15 2.22 2.2 1.9 1.78 1.14 1.41
DII 3.63 3.57 3.56 3.54 3.54 3.54 3.54 3.53 3.53 1.8
Public 56.37 56.15 53.63 53.33 53.31 53.02 53.21 53.42 54.06 55.52
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Bharat Wire Ropes News

Bharat Wire Ropes Pros & Cons

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 41.27%.
  • Company has a low return on equity of 13% over the last 3 years.
  • Debtor days have increased from 7.56 to 11.89days.
whatsapp