Flash Finance

Bharat Wire Ropes LimitedBHARATWIRECorporate

Steel - Medium / Small Latest results: Jun 2024 8 quarters of data
Consolidated Standalone
₹163.77
MCap ₹1,126 Cr · P/E 12.4
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹133 Cr
Sales · Jun 2024
-15.7% YoY
₹33 Cr
Operating Profit · Jun 2024
-20.7% YoY
24.4%
OPM % · Jun 2024
-6.2% YoY
₹18 Cr
Net Profit · Jun 2024
-24.0% YoY
₹2.65
EPS · Jun 2024
-24.3% YoY

📝 Bharat Wire Ropes Limited — results explained

Quarter ended June 2024 (Q1 FY25)

Bharat Wire Ropes Limited reported revenue of ₹133 crore for the quarter ended June 2024 (Q1 FY25), down 15.7% from ₹158 crore in the same quarter last year, and down 9.3% sequentially over the March 2024 quarter.

Net profit fell 24.0% year-on-year to ₹18 crore, from ₹24 crore. Earnings per share (EPS) came in at ₹2.65.

Operating profit stood at ₹33 crore — an operating margin (OPM) of 24.4%, compared with 26.0% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, Bharat Wire Ropes Limited posted revenue of ₹622 crore, with a net profit of ₹96 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹597 crore with a net profit of ₹90 crore.

Valuation snapshot

At the current price of ₹163.77, BHARATWIRE has a market capitalisation of ₹1,126 crore and a trailing P/E of about 12.4.

Within the Steel - Medium / Small industry, it is the 25th-largest of the 56 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 41.27%, foreign institutional investors (FIIs) 2.06%, domestic institutional investors (DIIs) 19.00%, public shareholders 37.67% of Bharat Wire Ropes Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹1,126 Cr
Current Price ?
₹163.8
P/E ?
12.45below ind
Industry P/E ?
20.50
P/B ?
1.39
P/S ?
1.89
P/FCF ?
17.07
Enterprise Value ?
₹1,201 Cr
EV/EBITDA ?
7.73
PEG ?
N/A
Earnings Yield ?
11.2%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹597 Cr
OPM ?
26.0%
Profit after tax (TTM) ?
₹90 Cr
EPS (TTM) ?
₹13.16
ROCE ?
12.0%
ROE ?
11.2%
ROA ?
9.1%
Growth
Sales — latest qtr ?
₹133 Cr
PAT — latest qtr ?
₹18 Cr
YoY qtr sales growth ?
-15.7%
YoY qtr profit growth ?
-24.0%
Sales growth (3y) ?
N/A
Sales growth (5y) ?
N/A
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹75 Cr
Debt to Equity ?
0.09
Interest Coverage ?
9.7
Current Ratio ?
N/A
Ownership
Promoter holding ?
41.27%
Change in promoter holding ?
0.00%
Pledged percentage ?
N/A
Market
Return 3 months ?
-18.3%
Return 6 months ?
-26.2%

🗓️ Quarterly results (8 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024 YoY % QoQ %
Sales 134144162158159157147133 -15.7% -9.3%
Operating Profit 2137464142443733 -20.7% -12.5%
Other Income 00000000 +25.5% +28.0%
Interest 672244343 -21.6% -12.1%
Depreciation 552155555 +1.7% +0.5%
Profit Before Tax 1025973233352924 -24.0% -14.7%
Net Profit 819162424262218 -24.0% -16.7%
EPS 1.212.932.353.503.603.883.192.65 -24.3% -16.9%
OPM % 15.7% 25.7% 28.4% 26.0% 26.2% 27.9% 25.3% 24.4% -6.2% -3.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric Prev FY FY24 TTM YoY %
Sales — ₹622 Cr ₹597 Cr —
Operating Profit — ₹164 Cr ₹155 Cr —
OPM % — 26.36% 26.03% —
NPM % — 15.47% 15.16% —
Other Income — ₹1 Cr ₹1 Cr —
Depreciation — ₹21 Cr ₹21 Cr —
Interest — ₹15 Cr ₹14 Cr —
EBIT — ₹143 Cr ₹134 Cr —
PBT — ₹129 Cr ₹121 Cr —
Tax — ₹33 Cr ₹31 Cr —
Net Profit — ₹96 Cr ₹90 Cr —
EPS — ₹14.17 ₹13.32 —
Material Cost — ₹320 Cr ₹308 Cr —
Employee Cost — ₹60 Cr ₹61 Cr —
Extraordinary Items — ₹-0 Cr ₹-0 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 68686869 +1.5%
Reserves 110210285742 +160.4%
Borrowings 56451551475 -85.4%
Other Liabilities 394288104 +18.2%
Total Liabilities 781835956990 +3.6%
Fixed Assets 481475484535 +10.5%
CWIP 313474 -91.5%
Investments 2200 —
Other Assets 294345425451 +6.1%
Total Assets 781835956990 +3.6%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 83857498 +32.4%
Cash from Investing Activity -13-25-62-31 +50.0%
Cash from Financing Activity -64-61-11-66 -500.0%
Net Cash Flow 6-01-0 -100.0%
Free Cash Flow 70601066 +560.0%
CFO/OP 60%52%56%79% +41.1%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 30465160 +17.6%
Inventory Days 122110131140 +6.9%
Days Payable 2071812 -33.3%
Cash Conversion Cycle 132150164188 +14.6%
Working Capital Days 120165185219 +18.4%
ROCE % 16%19%13%12% -7.7%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 % Chg
Promoters 41.27%41.27%41.27%41.27%41.27% +0.0%
FIIs 2.72%2.06%2.34%4.42%2.06% -53.4%
DIIs 2.61%2.60%0.87%0.32%19.00% +5837.5%
Public 53.40%54.06%55.52%54.00%37.67% -30.2%
No. of Shareholders 32,20432,81233,40031,67931,626 -0.2%

⚖️ Peer comparison

Industry: Steel - Medium / Small · top 25 of 56 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 NSLNISP NMDC Steel ₹42.65 12,499 135.8 13,939 84 10.8% 0.6% 60.4% 102.5% 8.8% 94.3%
2 MAHSEAMLES Maharashtra Seamless ₹713.65 9,563 13.0 4,620 737 15.0% 16.0% -12.0% -9.8% -4.7% 15.7%
3 SUNFLAG Sunflag Iron ₹443.60 7,995 38.8 3,995 206 11.9% 5.1% 11.4% 25.0% 5.5% 4.8%
4 AEROFLEX Aeroflex Industries ₹565.00 7,477 109.5 503 67 23.4% 13.4% 17.3% 5.6% 73.1% 168.5%
5 TIIL Technocraft Industries ₹3,180.20 7,210 21.2 2,931 349 18.2% 11.9% 6.3% 11.6% 27.2% 67.3%
6 MANINDS Man Industries ₹865.65 6,493 31.5 3,875 204 13.7% 5.3% 1.7% 11.4% 41.9% 122.4%
7 GOODLUCK Goodluck India ₹526.15 5,247 8.7 4,404 210 10.0% 4.8% 4.2% 10.1% 30.9% 67.4%
8 BANSALWIRE Bansal Wire ₹308.10 4,823 9.0 4,388 531 8.5% 12.1% 18.6% 276.0% 24.4% -47.9%
9 DEEDEV DEE Development ₹634.65 4,775 54.6 1,213 81 16.9% 6.6% 38.1% 78.8% 31.6% 22.4%
10 KSL Kalyani Steels ₹957.20 4,189 15.8 1,867 264 19.7% 14.2% -6.9% 0.6% 4.9% 10.6%
11 VENUSPIPES Venus Pipes ₹1,962.30 4,065 39.1 1,211 104 16.3% 8.6% 21.7% 9.2% 16.1% 5.6%
12 VSSL Vardhman Special ₹398.45 3,852 26.9 1,807 144 10.6% 8.0% -0.5% 31.9% 12.0% 105.9%
13 JTLIND JTL INDUSTRIES ₹87.38 3,435 28.8 2,314 122 8.2% 5.3% 11.5% 4.4% 32.7% 113.7%
14 RATNAVEER Ratnaveer Precision ₹343.70 2,885 42.6 1,119 67 18.2% 6.0% 19.8% 36.2% 18.9% 20.0%
15 INTERARCH Interarch Building ₹1,700.60 2,860 20.7 1,639 139 11.5% 8.5% 7.3% 28.6% 20.6% 0.9%
16 PENIND Pennar Industries ₹187.68 2,533 17.8 3,645 142 12.4% 3.9% 12.2% 15.7% 2.9% 10.7%
17 RAJRATAN Rajratan Global ₹457.40 2,322 29.1 1,228 80 12.3% 6.5% 23.8% 21.2% 28.9% 64.0%
18 PRAKASH Prakash Industries ₹117.24 2,100 6.7 3,474 313 15.0% 9.0% -13.3% -6.2% -0.5% -21.7%
19 MSPL MSP Steel ₹33.33 1,889 49.7 2,958 38 6.2% 1.3% -2.1% 217.0% 16.2% 22.1%
20 MAHASTEEL Mahamaya Steel ₹1,115.00 1,832 183.1 943 10 2.6% 1.1% 10.1% 26.3% 29.3% 22.6%
21 HITECH Hi-Tech Pipes ₹75.00 1,520 20.3 4,821 75 3.8% 1.6% 36.9% 4.2% 78.5% -4.2%
22 MANAKCOAT Manaksia Coated ₹130.80 1,395 32.3 897 41 9.4% 4.5% 13.2% 164.5% 4.9% 0.7%
23 STEELXIND STEEL EXCHANGE ₹10.36 1,321 40.3 1,029 31 13.0% 3.1% -7.4% 2.6% -10.1% 46.9%
24 MWL Mangalam Worldwide ₹42.77 1,270 22.9 1,292 55 9.5% 4.2% 13.9% 72.1% 13.7% 25.6%
25 BHARATWIRE Bharat Wire ₹167.69 1,153 16.6 579 68 21.8% 11.8% -4.5% -1.4% -8.2% -23.6%
❓ Frequently asked questions
What was Bharat Wire Ropes Limited's revenue in Q1 FY25?
Bharat Wire Ropes Limited reported revenue of ₹133 crore for the quarter ended June 2024 (Q1 FY25), down 15.7% from ₹158 crore in the same quarter last year, and down 9.3% sequentially over the March 2024 quarter.
What was Bharat Wire Ropes Limited's net profit in Q1 FY25?
Net profit fell 24.0% year-on-year to ₹18 crore, from ₹24 crore. Earnings per share (EPS) came in at ₹2.65.
What is BHARATWIRE's market capitalisation and P/E ratio?
At the current price of ₹163.77, BHARATWIRE has a market capitalisation of ₹1,126 crore and a trailing P/E of about 12.4.
Who owns Bharat Wire Ropes Limited? (shareholding pattern)
As of Jun 2026, promoters held 41.27%, foreign institutional investors (FIIs) 2.06%, domestic institutional investors (DIIs) 19.00%, public shareholders 37.67% of Bharat Wire Ropes Limited.
TTM ends 2024-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI