Bharat Wire Ropes Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 9:55 pm

Market Cap	1,346 Cr.
Current Price	196
High / Low	331/122
Stock P/E	18.3
Book Value	102
Dividend Yield	0.00 %
ROCE	18.7 %
ROE	42.3 %
Face Value	10.0
PEG Ratio	0.26

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Bharat Wire Ropes Ltd

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	34.8 Cr.	65.1	94.0/50.6		14.6	0.00 %	8.21 %	17.1 %	1.00
Kritika Wires Ltd	285 Cr.	10.7	24.5/7.78	24.1	3.34	0.00 %	15.7 %	12.8 %	2.00
Geekay Wires Ltd	403 Cr.	77.0	148/64.0	10.4	26.2	0.78 %	34.5 %	42.1 %	2.00
D P Wires Ltd	351 Cr.	227	539/186	12.6	154	0.00 %	24.6 %	17.4 %	10.0
Bharat Wire Ropes Ltd	1,346 Cr.	196	331/122	18.3	102	0.00 %	18.7 %	42.3 %	10.0
Industry Average	586.20 Cr	124.13		16.78	57.31	0.13%	19.59%	25.05%	5.83

All Competitor Stocks of Bharat Wire Ropes Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	104	134	133	150	144	162	158	159	157	147	133	152	162
Expenses	88	113	108	118	108	117	117	117	113	110	101	118	133
Operating Profit	15	21	25	31	37	46	41	42	44	37	33	34	29
OPM %	15%	16%	19%	21%	25%	28%	26%	26%	28%	25%	24%	22%	18%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest	6	6	4	5	7	6	4	4	3	4	3	3	4
Depreciation	5	5	5	5	5	5	5	5	5	5	5	5	6
Profit before tax	4	10	16	21	25	34	32	33	35	29	24	26	20
Tax %	24%	22%	25%	26%	25%	54%	26%	26%	25%	24%	26%	26%	26%
Net Profit	3	8	12	15	19	16	24	24	26	22	18	19	15
EPS in Rs	0.49	1.21	1.88	2.39	2.93	2.35	3.49	3.60	3.88	3.20	2.64	2.76	2.17

Last Updated: March 3, 2025, 5:14 pm

Below is a detailed analysis of the quarterly data for Bharat Wire Ropes Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 162.00 Cr.. The value appears strong and on an upward trend. It has increased from 152.00 Cr. (Sep 2024) to 162.00 Cr., marking an increase of 10.00 Cr..
For Expenses, as of Dec 2024, the value is 133.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 118.00 Cr. (Sep 2024) to 133.00 Cr., marking an increase of 15.00 Cr..
For Operating Profit, as of Dec 2024, the value is 29.00 Cr.. The value appears to be declining and may need further review. It has decreased from 34.00 Cr. (Sep 2024) to 29.00 Cr., marking a decrease of 5.00 Cr..
For OPM %, as of Dec 2024, the value is 18.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Sep 2024) to 18.00%, marking a decrease of 4.00%.
For Other Income, as of Dec 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
For Interest, as of Dec 2024, the value is 4.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Sep 2024) to 4.00 Cr., marking an increase of 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 6.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5.00 Cr. (Sep 2024) to 6.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 20.00 Cr.. The value appears to be declining and may need further review. It has decreased from 26.00 Cr. (Sep 2024) to 20.00 Cr., marking a decrease of 6.00 Cr..
For Tax %, as of Dec 2024, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 26.00%.
For Net Profit, as of Dec 2024, the value is 15.00 Cr.. The value appears to be declining and may need further review. It has decreased from 19.00 Cr. (Sep 2024) to 15.00 Cr., marking a decrease of 4.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.17. The value appears to be declining and may need further review. It has decreased from 2.76 (Sep 2024) to 2.17, marking a decrease of 0.59.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 4:50 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	73	82	77	61	65	165	240	258	250	411	589	622	595
Expenses	65	73	67	52	59	147	222	229	218	348	450	458	462
Operating Profit	8	9	9	8	6	18	19	29	33	62	139	164	133
OPM %	11%	11%	12%	14%	9%	11%	8%	11%	13%	15%	24%	26%	22%
Other Income	1	0	-2	0	3	20	1	0	0	1	1	1	1
Interest	5	4	4	4	3	25	73	89	34	23	22	15	13
Depreciation	2	2	2	2	4	12	21	22	22	21	21	21	22
Profit before tax	2	2	1	2	3	0	-74	-82	-23	18	97	129	99
Tax %	32%	38%	70%	40%	16%	20%	-40%	-26%	-26%	24%	36%	25%
Net Profit	1	2	0	1	2	0	-45	-61	-17	14	62	96	74
EPS in Rs	0.50	0.51	0.11	0.30	0.54	0.06	-9.91	-13.56	-2.68	2.14	9.17	14.16	10.77
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2016-2017	2017-2018	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	100.00%	-100.00%	100.00%	-100.00%	-35.56%	72.13%	182.35%	342.86%	54.84%
Change in YoY Net Profit Growth (%)	0.00%	-200.00%	200.00%	-200.00%	64.44%	107.69%	110.22%	160.50%	-288.02%

Bharat Wire Ropes Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	22%
5 Years:	21%
3 Years:	35%
TTM:	-7%

Compounded Profit Growth
10 Years:	52%
5 Years:	33%
3 Years:	98%
TTM:	-19%

Stock Price CAGR
10 Years:	%
5 Years:	61%
3 Years:	35%
1 Year:	-36%

Return on Equity
10 Years:	5%
5 Years:	18%
3 Years:	42%
Last Year:	42%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:35 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	29	29	29	45	45	45	45	45	63	64	68	68	68
Reserves	38	40	41	93	96	98	55	-6	-10	5	110	210	632
Borrowings	36	28	42	196	371	525	610	674	657	652	564	515	125
Other Liabilities	43	45	39	83	87	68	57	39	37	53	39	42	70
Total Liabilities	147	142	152	417	599	736	767	752	747	774	781	835	895
Fixed Assets	68	67	66	65	340	566	560	539	513	492	481	475	475
CWIP	5	8	11	159	142	2	1	1	1	0	3	13	35
Investments	1	0	0	0	0	0	0	0	0	0	2	2	0
Other Assets	73	67	75	193	117	169	206	213	233	282	294	345	385
Total Assets	147	142	152	417	599	736	767	752	747	774	781	835	895

Below is a detailed analysis of the balance sheet data for Bharat Wire Ropes Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, 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 Sep 2024, the value is ₹632.00 Cr.. The value appears strong and on an upward trend. It has increased from 210.00 Cr. (Mar 2024) to ₹632.00 Cr., marking an increase of 422.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹125.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 515.00 Cr. (Mar 2024) to ₹125.00 Cr., marking a decrease of 390.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹70.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 42.00 Cr. (Mar 2024) to ₹70.00 Cr., marking an increase of 28.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹895.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 835.00 Cr. (Mar 2024) to ₹895.00 Cr., marking an increase of 60.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹475.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 475.00 Cr..
For CWIP, as of Sep 2024, the value is ₹35.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Mar 2024) to ₹35.00 Cr., marking an increase of 22.00 Cr..
For Investments, as of Sep 2024, 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 Sep 2024, the value is ₹385.00 Cr.. The value appears strong and on an upward trend. It has increased from 345.00 Cr. (Mar 2024) to ₹385.00 Cr., marking an increase of 40.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹895.00 Cr.. The value appears strong and on an upward trend. It has increased from 835.00 Cr. (Mar 2024) to ₹895.00 Cr., marking an increase of 60.00 Cr..

Notably, the Reserves (632.00 Cr.) exceed the Borrowings (125.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	16	8	-6	36	17	32	83	151	-244	24	83	85
Cash from Investing Activity +	-8	-2	-5	-193	-259	-98	-14	-0	-1	-0	-13	-25
Cash from Financing Activity +	-12	-13	11	227	172	90	-90	-152	247	-25	-64	-61
Net Cash Flow	-4	-7	-0	70	-69	23	-21	-1	2	-2	6	-0

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-28.00	-19.00	-33.00	-188.00	-365.00	-507.00	-591.00	-645.00	-624.00	-590.00	-425.00	-351.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	102	99	67	102	95	51	55	42	53	35	30	46
Inventory Days	259	236	274	325	334	243	213	174	148	113	122	110
Days Payable	130	115	97	86	150	124	76	24	25	44	20	7
Cash Conversion Cycle	231	220	245	341	280	170	192	191	176	104	132	150
Working Capital Days	215	198	173	45	201	78	-45	-215	191	146	144	181
ROCE %	7%	7%	6%	3%	1%	4%	-0%	1%	2%	6%	16%	19%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	37.60%	37.60%	37.47%	36.96%	36.81%	36.78%	39.90%	39.86%	39.83%	39.83%	40.77%	40.98%
FIIs	0.02%	0.02%	0.03%	0.00%	0.99%	0.99%	1.43%	1.06%	1.10%	1.39%	3.00%	3.08%
DIIs	9.93%	9.93%	9.89%	9.76%	6.62%	4.67%	3.61%	3.20%	2.70%	2.63%	2.62%	2.61%
Public	52.45%	52.45%	52.61%	53.28%	55.58%	57.56%	55.07%	55.89%	56.38%	56.15%	53.64%	53.33%
No. of Shareholders	7,239	7,586	8,096	8,770	10,916	11,964	12,996	18,775	24,741	22,887	23,630	28,327

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

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.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Bharat Wire Ropes Ltd as of April 25, 2025 is: 644.29

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 25, 2025, Bharat Wire Ropes Ltd is Undervalued by 228.72% compared to the current share price 196.00

Intrinsic Value of Bharat Wire Ropes Ltd as of April 25, 2025 is: 1,099.14

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 25, 2025, Bharat Wire Ropes Ltd is Undervalued by 460.79% compared to the current share price 196.00

Last 5 Year EPS CAGR: 70.60%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (268.31 cr) and profit (13.38 cr) over the years.	The stock has a low average ROCE of 6.00%, which may not be favorable. The stock has a high average Working Capital Days of 109.33, which may not be favorable. The stock has a high average Cash Conversion Cycle of 202.67, which may not be favorable. The company has higher borrowings (384.23) compared to reserves (107.85), which may suggest financial risk.

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:
1. 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.
2. ROCE: 18.58% (Industry Average ROCE: 19.59%)
  - 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.
3. ROE%: 34.6% (Industry Average ROE: 25.05%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. 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.
5. 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.
6. Stock P/E: 18.3 (Industry average Stock P/E: 13.98)
  - 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.
7. 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.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Bharat Wire Ropes Ltd. is a Public Limited Listed company incorporated on 24/07/1986 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L27200MH1986PLC040468 and registration number is 040468. Currently Company is involved in the business activities of Manufacture of other fabricated metal products. Company's Total Operating Revenue is Rs. 621.84 Cr. and Equity Capital is Rs. 68.04 Cr. for the Year ended 31/03/2024.

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. Anita Rahul Shantaram	Whole Time Director - Finance
Mr. Venkateshwararao Kandikuppa	Whole Time Director
Ms. Ruhi Mittal	Non Executive Director
Mr. Shivkumar Malu	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 25 April 2025) is ₹644.29 — 228.72% higher the current market price of 196.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 1,346 Cr. market cap, FY2025-2026 high/low of ₹331/122, reserves of 632 Cr, and liabilities of 895 Cr.

What is the Market Cap of Bharat Wire Ropes Ltd?

The Market Cap of Bharat Wire Ropes Ltd is 1,346 Cr..

What is the current Stock Price of Bharat Wire Ropes Ltd as on 25 April 2025?

The current stock price of Bharat Wire Ropes Ltd as on 25 April 2025 is 196.

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 ₹331/122.

What is the Stock P/E of Bharat Wire Ropes Ltd?

The Stock P/E of Bharat Wire Ropes Ltd is 18.3.

What is the Book Value of Bharat Wire Ropes Ltd?

The Book Value of Bharat Wire Ropes Ltd is 102.

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 18.7 %.

What is the ROE of Bharat Wire Ropes Ltd?

The ROE of Bharat Wire Ropes Ltd is 42.3 %.

What is the Face Value of Bharat Wire Ropes Ltd?

The Face Value of Bharat Wire Ropes Ltd is 10.0.