Share Price and Basic Stock Data
Last Updated: November 7, 2025, 8:18 pm
| PEG Ratio | 0.53 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Bharat Wire Ropes Ltd operates in the steel wire industry, focusing on manufacturing a range of wire products. As of September 2023, the company reported sales of ₹159 Cr, showing a steady revenue stream compared to previous quarters. The revenue trend reflects growth from ₹133 Cr in June 2022 to ₹159 Cr in September 2023, indicating a compound quarterly growth rate. For the fiscal year ending March 2024, the company recorded total sales of ₹622 Cr, a significant increase from ₹589 Cr in the previous fiscal year. The trailing twelve months (TTM) sales stood at ₹627 Cr, highlighting consistent operational performance. The company’s ability to maintain sales growth in a competitive landscape positions it favorably against industry peers, who typically face more volatile market conditions.
Profitability and Efficiency Metrics
Bharat Wire Ropes Ltd has demonstrated robust profitability metrics, with a reported net profit of ₹70 Cr for the fiscal year ending March 2025, reflecting an increase from ₹62 Cr in the prior year. The net profit margin improved significantly to 15.49% in March 2024 from 10.56% in March 2023, indicating effective cost management strategies. Operating profit margin (OPM) stood at 26.50% for the same period, showcasing the company’s ability to generate substantial earnings from its operations. The return on equity (ROE) reported at 22.9% surpasses typical sector benchmarks, indicating efficient capital utilization. Moreover, the interest coverage ratio (ICR) remained strong at 11.15x, reflecting the company’s ability to meet interest obligations comfortably, further enhancing its operational efficiency.
Balance Sheet Strength and Financial Ratios
The balance sheet of Bharat Wire Ropes Ltd exhibits solid financial health, with total assets reported at ₹956 Cr as of March 2025. The company maintained reserves of ₹285 Cr, which have seen a significant increase from ₹110 Cr in March 2023, indicating strong retained earnings. The debt levels, reported at ₹514 Cr, reflect a manageable debt-to-equity ratio of 0.47, which is favorable compared to industry norms. The current ratio stood at 7.55, highlighting a strong liquidity position, while the quick ratio of 5.32 suggests that the company can cover its short-term liabilities effectively. The price-to-book value (P/BV) ratio at 6.75x indicates that the stock is trading at a premium compared to its book value, which could suggest investor confidence in future growth.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bharat Wire Ropes Ltd reveals a balanced distribution among various investor categories. As of March 2025, promoters held 41.27% of the shares, reflecting a strong commitment to the company’s operations. Foreign institutional investors (FIIs) accounted for 2.72%, while domestic institutional investors (DIIs) held 2.61%. The public shareholding stood at 53.40%, indicating a healthy level of retail investor participation. The number of shareholders has increased significantly from 10,916 in September 2022 to 32,204 by June 2025, suggesting growing investor interest and confidence in the company. This broad-based ownership structure could enhance stability and mitigate risks associated with concentrated ownership.
Outlook, Risks, and Final Insight
Looking ahead, Bharat Wire Ropes Ltd is positioned for continued growth; however, several risks could impact its trajectory. The company’s reliance on external raw material sources exposes it to price volatility, which could affect margins. Additionally, the high debt levels, while manageable, may pose a risk if interest rates rise or if the operating environment weakens. The competitive landscape in the steel wire industry remains challenging, with potential for increased competition impacting pricing strategies. Conversely, the company’s strong profitability metrics and robust balance sheet provide a solid foundation for navigating these risks. Investors should monitor market conditions closely, as shifts could influence operational performance and financial health significantly. The ongoing expansion of the company into new markets could also present substantial opportunities for growth.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Bharat Wire Ropes Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bombay Wire Ropes Ltd | 29.7 Cr. | 55.6 | 80.0/48.2 | 14.5 | 0.00 % | 7.15 % | 17.1 % | 1.00 | |
| Kritika Wires Ltd | 218 Cr. | 8.17 | 13.8/7.49 | 22.9 | 3.64 | 0.00 % | 15.1 % | 11.3 % | 2.00 |
| Geekay Wires Ltd | 344 Cr. | 32.9 | 59.4/31.6 | 10.3 | 14.5 | 0.99 % | 25.4 % | 28.5 % | 1.00 |
| D P Wires Ltd | 353 Cr. | 228 | 415/186 | 19.0 | 160 | 0.00 % | 12.5 % | 9.36 % | 10.0 |
| Bharat Wire Ropes Ltd | 1,354 Cr. | 197 | 249/122 | 19.3 | 51.7 | 0.00 % | 13.4 % | 22.9 % | 10.0 |
| Industry Average | 534.60 Cr | 107.78 | 21.34 | 48.22 | 0.17% | 15.04% | 17.86% | 5.67 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 133 | 150 | 144 | 162 | 158 | 159 | 157 | 147 | 133 | 152 | 162 | 172 | 142 |
| Expenses | 108 | 118 | 108 | 117 | 117 | 117 | 113 | 110 | 101 | 118 | 133 | 135 | 112 |
| Operating Profit | 25 | 31 | 37 | 46 | 41 | 42 | 44 | 37 | 33 | 34 | 29 | 37 | 30 |
| OPM % | 19% | 21% | 25% | 28% | 26% | 26% | 28% | 25% | 24% | 22% | 18% | 22% | 21% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 4 | 5 | 7 | 6 | 4 | 4 | 3 | 4 | 3 | 3 | 4 | 4 | 4 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 |
| Profit before tax | 16 | 21 | 25 | 34 | 32 | 33 | 35 | 29 | 24 | 26 | 20 | 28 | 21 |
| Tax % | 25% | 26% | 25% | 54% | 26% | 26% | 25% | 24% | 26% | 26% | 26% | 26% | 25% |
| Net Profit | 12 | 15 | 19 | 16 | 24 | 24 | 26 | 22 | 18 | 19 | 15 | 21 | 16 |
| EPS in Rs | 1.88 | 2.39 | 2.93 | 2.35 | 3.49 | 3.60 | 3.88 | 3.20 | 2.64 | 2.76 | 2.17 | 3.02 | 2.28 |
Last Updated: August 20, 2025, 12:50 pm
Below is a detailed analysis of the quarterly data for Bharat Wire Ropes Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 142.00 Cr.. The value appears to be declining and may need further review. It has decreased from 172.00 Cr. (Mar 2025) to 142.00 Cr., marking a decrease of 30.00 Cr..
- For Expenses, as of Jun 2025, the value is 112.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 135.00 Cr. (Mar 2025) to 112.00 Cr., marking a decrease of 23.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 30.00 Cr.. The value appears to be declining and may need further review. It has decreased from 37.00 Cr. (Mar 2025) to 30.00 Cr., marking a decrease of 7.00 Cr..
- For OPM %, as of Jun 2025, the value is 21.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Mar 2025) to 21.00%, marking a decrease of 1.00%.
- For Other Income, as of Jun 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
- For Interest, as of Jun 2025, the value is 4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 4.00 Cr..
- For Depreciation, as of Jun 2025, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 6.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 21.00 Cr.. The value appears to be declining and may need further review. It has decreased from 28.00 Cr. (Mar 2025) to 21.00 Cr., marking a decrease of 7.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Mar 2025) to 25.00%, marking a decrease of 1.00%.
- For Net Profit, as of Jun 2025, the value is 16.00 Cr.. The value appears to be declining and may need further review. It has decreased from 21.00 Cr. (Mar 2025) to 16.00 Cr., marking a decrease of 5.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.28. The value appears to be declining and may need further review. It has decreased from 3.02 (Mar 2025) to 2.28, marking a decrease of 0.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 5:29 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 82 | 77 | 61 | 65 | 165 | 240 | 258 | 250 | 411 | 589 | 622 | 619 | 627 |
| Expenses | 73 | 67 | 52 | 59 | 147 | 222 | 229 | 218 | 348 | 450 | 458 | 487 | 498 |
| Operating Profit | 9 | 9 | 8 | 6 | 18 | 19 | 29 | 33 | 62 | 139 | 164 | 132 | 130 |
| OPM % | 11% | 12% | 14% | 9% | 11% | 8% | 11% | 13% | 15% | 24% | 26% | 21% | 21% |
| Other Income | 0 | -2 | 0 | 3 | 20 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Interest | 4 | 4 | 4 | 3 | 25 | 73 | 89 | 34 | 23 | 22 | 15 | 13 | 14 |
| Depreciation | 2 | 2 | 2 | 4 | 12 | 21 | 22 | 22 | 21 | 21 | 21 | 22 | 23 |
| Profit before tax | 2 | 1 | 2 | 3 | 0 | -74 | -82 | -23 | 18 | 97 | 129 | 98 | 94 |
| Tax % | 38% | 70% | 40% | 16% | 20% | -40% | -26% | -26% | 24% | 36% | 25% | 26% | |
| Net Profit | 2 | 0 | 1 | 2 | 0 | -45 | -61 | -17 | 14 | 62 | 96 | 72 | 70 |
| EPS in Rs | 0.51 | 0.11 | 0.30 | 0.54 | 0.06 | -9.91 | -13.56 | -2.68 | 2.14 | 9.17 | 14.16 | 10.58 | 10.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2014-2015 | 2016-2017 | 2017-2018 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -100.00% | 100.00% | -100.00% | -35.56% | 72.13% | 182.35% | 342.86% | 54.84% | -25.00% |
| Change in YoY Net Profit Growth (%) | 0.00% | 200.00% | -200.00% | 64.44% | 107.69% | 110.22% | 160.50% | -288.02% | -79.84% |
Bharat Wire Ropes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | 19% |
| 3 Years: | 15% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 26% |
| 3 Years: | 74% |
| TTM: | -23% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 16% |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 24% |
| 3 Years: | 27% |
| Last Year: | 14% |
Last Updated: September 5, 2025, 12:55 am
Balance Sheet
Last Updated: October 10, 2025, 1:45 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29 | 29 | 45 | 45 | 45 | 45 | 45 | 63 | 64 | 68 | 68 | 68 |
| Reserves | 40 | 41 | 93 | 96 | 98 | 55 | -6 | -10 | 5 | 110 | 210 | 285 |
| Borrowings | 28 | 42 | 196 | 371 | 525 | 610 | 674 | 657 | 652 | 564 | 515 | 514 |
| Other Liabilities | 45 | 39 | 83 | 87 | 68 | 57 | 39 | 37 | 53 | 39 | 42 | 88 |
| Total Liabilities | 142 | 152 | 417 | 599 | 736 | 767 | 752 | 747 | 774 | 781 | 835 | 956 |
| Fixed Assets | 67 | 66 | 65 | 340 | 566 | 560 | 539 | 513 | 492 | 481 | 475 | 484 |
| CWIP | 8 | 11 | 159 | 142 | 2 | 1 | 1 | 1 | 0 | 3 | 13 | 47 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 0 |
| Other Assets | 67 | 75 | 193 | 117 | 169 | 206 | 213 | 233 | 282 | 294 | 345 | 425 |
| Total Assets | 142 | 152 | 417 | 599 | 736 | 767 | 752 | 747 | 774 | 781 | 835 | 956 |
Below is a detailed analysis of the balance sheet data for Bharat Wire Ropes Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 68.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 68.00 Cr..
- For Reserves, as of Mar 2025, the value is 285.00 Cr.. The value appears strong and on an upward trend. It has increased from 210.00 Cr. (Mar 2024) to 285.00 Cr., marking an increase of 75.00 Cr..
- For Borrowings, as of Mar 2025, the value is 514.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 515.00 Cr. (Mar 2024) to 514.00 Cr., marking a decrease of 1.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 88.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 42.00 Cr. (Mar 2024) to 88.00 Cr., marking an increase of 46.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 956.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 835.00 Cr. (Mar 2024) to 956.00 Cr., marking an increase of 121.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 484.00 Cr.. The value appears strong and on an upward trend. It has increased from 475.00 Cr. (Mar 2024) to 484.00 Cr., marking an increase of 9.00 Cr..
- For CWIP, as of Mar 2025, the value is 47.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Mar 2024) to 47.00 Cr., marking an increase of 34.00 Cr..
- For Investments, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2.00 Cr. (Mar 2024) to 0.00 Cr., marking a decrease of 2.00 Cr..
- For Other Assets, as of Mar 2025, the value is 425.00 Cr.. The value appears strong and on an upward trend. It has increased from 345.00 Cr. (Mar 2024) to 425.00 Cr., marking an increase of 80.00 Cr..
- For Total Assets, as of Mar 2025, the value is 956.00 Cr.. The value appears strong and on an upward trend. It has increased from 835.00 Cr. (Mar 2024) to 956.00 Cr., marking an increase of 121.00 Cr..
However, the Borrowings (514.00 Cr.) are higher than the Reserves (285.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -19.00 | -33.00 | -188.00 | -365.00 | -507.00 | -591.00 | -645.00 | -624.00 | -590.00 | -425.00 | -351.00 | -382.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 67 | 102 | 95 | 51 | 55 | 42 | 53 | 35 | 30 | 46 | 51 |
| Inventory Days | 236 | 274 | 325 | 334 | 243 | 213 | 174 | 148 | 113 | 122 | 110 | 131 |
| Days Payable | 115 | 97 | 86 | 150 | 124 | 76 | 24 | 25 | 44 | 20 | 7 | 18 |
| Cash Conversion Cycle | 220 | 245 | 341 | 280 | 170 | 192 | 191 | 176 | 104 | 132 | 150 | 164 |
| Working Capital Days | 198 | 67 | -87 | 81 | -36 | -212 | -396 | 104 | 91 | 120 | 165 | 185 |
| ROCE % | 7% | 6% | 3% | 1% | 4% | -0% | 1% | 2% | 6% | 16% | 19% | 13% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 14.15 | 9.68 | 2.17 |
| Diluted EPS (Rs.) | 14.15 | 9.68 | 2.17 |
| Cash EPS (Rs.) | 17.27 | 12.21 | 5.50 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 40.85 | 26.14 | 70.77 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 40.85 | 26.14 | 70.77 |
| Revenue From Operations / Share (Rs.) | 91.39 | 86.76 | 64.34 |
| PBDIT / Share (Rs.) | 24.23 | 20.54 | 9.83 |
| PBIT / Share (Rs.) | 21.11 | 17.50 | 6.47 |
| PBT / Share (Rs.) | 18.94 | 14.23 | 2.81 |
| Net Profit / Share (Rs.) | 14.16 | 9.17 | 2.14 |
| NP After MI And SOA / Share (Rs.) | 14.14 | 9.16 | 2.14 |
| PBDIT Margin (%) | 26.50 | 23.67 | 15.28 |
| PBIT Margin (%) | 23.10 | 20.17 | 10.06 |
| PBT Margin (%) | 20.72 | 16.40 | 4.36 |
| Net Profit Margin (%) | 15.49 | 10.56 | 3.32 |
| NP After MI And SOA Margin (%) | 15.47 | 10.56 | 3.32 |
| Return on Networth / Equity (%) | 34.60 | 35.06 | 3.02 |
| Return on Capital Employeed (%) | 18.58 | 16.75 | 6.22 |
| Return On Assets (%) | 11.77 | 7.96 | 1.76 |
| Long Term Debt / Equity (X) | 0.37 | 0.80 | 0.45 |
| Total Debt / Equity (X) | 0.47 | 1.02 | 0.59 |
| Asset Turnover Ratio (%) | 0.77 | 0.75 | 0.00 |
| Current Ratio (X) | 7.55 | 3.81 | 1.96 |
| Quick Ratio (X) | 5.32 | 2.28 | 1.23 |
| Inventory Turnover Ratio (X) | 3.07 | 3.56 | 0.00 |
| Interest Coverage Ratio (X) | 11.15 | 6.28 | 2.68 |
| Interest Coverage Ratio (Post Tax) (X) | 7.52 | 3.80 | 1.58 |
| Enterprise Value (Cr.) | 1999.83 | 1224.97 | 699.69 |
| EV / Net Operating Revenue (X) | 3.22 | 2.08 | 1.70 |
| EV / EBITDA (X) | 12.13 | 8.78 | 11.15 |
| MarketCap / Net Operating Revenue (X) | 3.02 | 1.79 | 1.06 |
| Price / BV (X) | 6.75 | 5.93 | 0.96 |
| Price / Net Operating Revenue (X) | 3.02 | 1.79 | 1.06 |
| EarningsYield | 0.05 | 0.05 | 0.03 |
After reviewing the key financial ratios for Bharat Wire Ropes Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 14.15. This value is within the healthy range. It has increased from 9.68 (Mar 23) to 14.15, marking an increase of 4.47.
- For Diluted EPS (Rs.), as of Mar 24, the value is 14.15. This value is within the healthy range. It has increased from 9.68 (Mar 23) to 14.15, marking an increase of 4.47.
- For Cash EPS (Rs.), as of Mar 24, the value is 17.27. This value is within the healthy range. It has increased from 12.21 (Mar 23) to 17.27, marking an increase of 5.06.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 40.85. It has increased from 26.14 (Mar 23) to 40.85, marking an increase of 14.71.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 40.85. It has increased from 26.14 (Mar 23) to 40.85, marking an increase of 14.71.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 91.39. It has increased from 86.76 (Mar 23) to 91.39, marking an increase of 4.63.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 24.23. This value is within the healthy range. It has increased from 20.54 (Mar 23) to 24.23, marking an increase of 3.69.
- For PBIT / Share (Rs.), as of Mar 24, the value is 21.11. This value is within the healthy range. It has increased from 17.50 (Mar 23) to 21.11, marking an increase of 3.61.
- For PBT / Share (Rs.), as of Mar 24, the value is 18.94. This value is within the healthy range. It has increased from 14.23 (Mar 23) to 18.94, marking an increase of 4.71.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 14.16. This value is within the healthy range. It has increased from 9.17 (Mar 23) to 14.16, marking an increase of 4.99.
- For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 14.14. This value is within the healthy range. It has increased from 9.16 (Mar 23) to 14.14, marking an increase of 4.98.
- For PBDIT Margin (%), as of Mar 24, the value is 26.50. This value is within the healthy range. It has increased from 23.67 (Mar 23) to 26.50, marking an increase of 2.83.
- For PBIT Margin (%), as of Mar 24, the value is 23.10. This value exceeds the healthy maximum of 20. It has increased from 20.17 (Mar 23) to 23.10, marking an increase of 2.93.
- For PBT Margin (%), as of Mar 24, the value is 20.72. This value is within the healthy range. It has increased from 16.40 (Mar 23) to 20.72, marking an increase of 4.32.
- For Net Profit Margin (%), as of Mar 24, the value is 15.49. This value exceeds the healthy maximum of 10. It has increased from 10.56 (Mar 23) to 15.49, marking an increase of 4.93.
- For NP After MI And SOA Margin (%), as of Mar 24, the value is 15.47. This value is within the healthy range. It has increased from 10.56 (Mar 23) to 15.47, marking an increase of 4.91.
- For Return on Networth / Equity (%), as of Mar 24, the value is 34.60. This value is within the healthy range. It has decreased from 35.06 (Mar 23) to 34.60, marking a decrease of 0.46.
- For Return on Capital Employeed (%), as of Mar 24, the value is 18.58. This value is within the healthy range. It has increased from 16.75 (Mar 23) to 18.58, marking an increase of 1.83.
- For Return On Assets (%), as of Mar 24, the value is 11.77. This value is within the healthy range. It has increased from 7.96 (Mar 23) to 11.77, marking an increase of 3.81.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.37. This value is within the healthy range. It has decreased from 0.80 (Mar 23) to 0.37, marking a decrease of 0.43.
- For Total Debt / Equity (X), as of Mar 24, the value is 0.47. This value is within the healthy range. It has decreased from 1.02 (Mar 23) to 0.47, marking a decrease of 0.55.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 0.77. It has increased from 0.75 (Mar 23) to 0.77, marking an increase of 0.02.
- For Current Ratio (X), as of Mar 24, the value is 7.55. This value exceeds the healthy maximum of 3. It has increased from 3.81 (Mar 23) to 7.55, marking an increase of 3.74.
- For Quick Ratio (X), as of Mar 24, the value is 5.32. This value exceeds the healthy maximum of 2. It has increased from 2.28 (Mar 23) to 5.32, marking an increase of 3.04.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.07. This value is below the healthy minimum of 4. It has decreased from 3.56 (Mar 23) to 3.07, marking a decrease of 0.49.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 11.15. This value is within the healthy range. It has increased from 6.28 (Mar 23) to 11.15, marking an increase of 4.87.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 7.52. This value is within the healthy range. It has increased from 3.80 (Mar 23) to 7.52, marking an increase of 3.72.
- For Enterprise Value (Cr.), as of Mar 24, the value is 1,999.83. It has increased from 1,224.97 (Mar 23) to 1,999.83, marking an increase of 774.86.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.22. This value exceeds the healthy maximum of 3. It has increased from 2.08 (Mar 23) to 3.22, marking an increase of 1.14.
- For EV / EBITDA (X), as of Mar 24, the value is 12.13. This value is within the healthy range. It has increased from 8.78 (Mar 23) to 12.13, marking an increase of 3.35.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.02. This value exceeds the healthy maximum of 3. It has increased from 1.79 (Mar 23) to 3.02, marking an increase of 1.23.
- For Price / BV (X), as of Mar 24, the value is 6.75. This value exceeds the healthy maximum of 3. It has increased from 5.93 (Mar 23) to 6.75, marking an increase of 0.82.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.02. This value exceeds the healthy maximum of 3. It has increased from 1.79 (Mar 23) to 3.02, marking an increase of 1.23.
- For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.05.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bharat Wire Ropes Ltd:
- Net Profit Margin: 15.49%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 18.58% (Industry Average ROCE: 15.04%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 34.6% (Industry Average ROE: 17.86%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 7.52
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 5.32
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 19.3 (Industry average Stock P/E: 21.34)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.47
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 15.49%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Steel - Wires | Plot No. 4, MIDC, Chalisgaon Industrial Area, Jalgaon District Maharashtra 424101 | compliance%20@bharatwireropes.com http://www.bharatwireropes.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Sanjiv Swarup | Chairman(NonExe.&Ind.Director) |
| Mr. Murarilal Ramsukh Mittal | Managing Director |
| Mr. Mayank Mittal | Joint Managing Director |
| Mr. Sushil Sharda | Whole Time Director - Finance |
| Mr. Venkateshwararao Kandikuppa | Whole Time Director |
| Ms. Ruhi Mittal | Non Exe.Non Ind.Director |
| Mr. Anita Rahul Shantaram | Independent Director |
| Mr. Subhash Chander Kalia | Independent Director |
FAQ
What is the intrinsic value of Bharat Wire Ropes Ltd?
Bharat Wire Ropes Ltd's intrinsic value (as of 08 November 2025) is 186.45 which is 5.36% lower the current market price of 197.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 1,354 Cr. market cap, FY2025-2026 high/low of 249/122, reserves of ₹285 Cr, and liabilities of 956 Cr.
What is the Market Cap of Bharat Wire Ropes Ltd?
The Market Cap of Bharat Wire Ropes Ltd is 1,354 Cr..
What is the current Stock Price of Bharat Wire Ropes Ltd as on 08 November 2025?
The current stock price of Bharat Wire Ropes Ltd as on 08 November 2025 is 197.
What is the High / Low of Bharat Wire Ropes Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Bharat Wire Ropes Ltd stocks is 249/122.
What is the Stock P/E of Bharat Wire Ropes Ltd?
The Stock P/E of Bharat Wire Ropes Ltd is 19.3.
What is the Book Value of Bharat Wire Ropes Ltd?
The Book Value of Bharat Wire Ropes Ltd is 51.7.
What is the Dividend Yield of Bharat Wire Ropes Ltd?
The Dividend Yield of Bharat Wire Ropes Ltd is 0.00 %.
What is the ROCE of Bharat Wire Ropes Ltd?
The ROCE of Bharat Wire Ropes Ltd is 13.4 %.
What is the ROE of Bharat Wire Ropes Ltd?
The ROE of Bharat Wire Ropes Ltd is 22.9 %.
What is the Face Value of Bharat Wire Ropes Ltd?
The Face Value of Bharat Wire Ropes Ltd is 10.0.