What is the intrinsic value of Bharat Wire Ropes Ltd and is it undervalued?

As of 12 September 2026, Bharat Wire Ropes Ltd's intrinsic value is 207.63, which is 11.03% higher than the current market price of 187.00, suggesting the stock is undervalued. Calculated using the PE ratio method factoring in ROE (12.4 %), book value (118), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Bharat Wire Ropes Ltd?

Bharat Wire Ropes Ltd is trading at 187.00 as of 12 September 2026, with a FY2026-2027 high of 262 and low of 148. The stock is currently in the middle of its 52-week range. Market cap stands at 1,284 Cr..

How does Bharat Wire Ropes Ltd's P/E ratio compare to its industry?

Bharat Wire Ropes Ltd has a P/E ratio of 18.6, which is above the industry average of 14.53. The premium over industry average may reflect growth expectations.

Is Bharat Wire Ropes Ltd financially healthy?

Key indicators: ROCE of 12.3 % is moderate. Dividend yield is 0.00 %.

Is Bharat Wire Ropes Ltd profitable and how is the profit trend?

Bharat Wire Ropes Ltd reported a net profit of 72 Cr in Mar 2025 on revenue of 619 Cr. Compared to 14 Cr in Mar 2022, the net profit shows an improving trend.

Does Bharat Wire Ropes Ltd pay dividends?

Bharat Wire Ropes Ltd has a dividend yield of 0.00 % at the current price of 187.00. The company is currently not paying meaningful dividends.

Bharat Wire Ropes Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹222.08Undervalued by 18.76%vs CMP ₹187.00

P/E (18.6) × ROE (12.4%) × BV (₹118.00) × DY (2.00%)

₹207.63Undervalued by 11.03%vs CMP ₹187.00

MoS: +9.9% (Thin)Confidence: 37/100 (Low)Models: 3 Under, 1 Fair, 3 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹309.16	27%	Under (+65.3%)
Graham Number	Earnings	₹172.36	20%	Fair (-7.8%)
Earnings Power	Earnings	₹90.22	13%	Over (-51.8%)
DCF	Cash Flow	₹275.13	13%	Under (+47.1%)
EV/EBITDA	Enterprise	₹224.28	11%	Under (+19.9%)
Earnings Yield	Earnings	₹111.90	9%	Over (-40.2%)
Revenue Multiple	Revenue	₹90.15	7%	Over (-51.8%)
Consensus (7 models)		₹207.63	100%	Undervalued

Key Drivers: EPS CAGR 39.2% lifts DCF — verify sustainability.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 39.2%

*Investments are subject to market risks

Analyst Summary

Bharat Wire Ropes Ltd operates in the Steel - Wires segment, current market price is ₹187.00, market cap is 1,284 Cr.. At a glance, stock P/E is 18.6, ROE is 12.4 %, ROCE is 12.3 %, book value is 118, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹207.63, which is about 11.0% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹619 Cr versus the prior period change of -0.5%, while latest net profit is about ₹72 Cr with a prior-period change of -25.0%. The 52-week range shown on this page is 262/148, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisBharat 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…

This summary is generated from the stock page data available for Bharat Wire Ropes Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Bharat Wire Ropes Ltd scores 62/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health64/100 · Moderate

ROCE 12.3% GoodROE 12.4% GoodD/E 0.59 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent

Smart Money65/100 · Strong

FII holding stable No changeDII holding up 16.40% MF buyingPromoter holding at 41.3% Stable

Earnings Quality55/100 · Moderate

OPM expanding (20% → 24%) ImprovingWorking capital: 185 days Capital intensive

Quarterly Momentum68/100 · Strong

Revenue (4Q): 5% YoY FlatProfit (4Q): +4% YoY PositiveOPM: 23.0% (up 5.0% YoY) Margin expansion

Industry Rank60/100 · Moderate

P/E 18.6 vs industry 14.5 In-lineROCE 12.3% vs industry 10.3% AverageROE 12.4% vs industry 8.6% Above peers3Y sales CAGR: 15% Moderate

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 5:17 am

Market Cap	1,284 Cr.
Current Price	187
Intrinsic Value	₹207.63
High / Low	262/148
Stock P/E	18.6
Book Value	118
Dividend Yield	0.00 %
ROCE	12.3 %
ROE	12.4 %
Face Value	10.0
PEG Ratio	0.47

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

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Bharat Wire Ropes Ltd	1,284 Cr.	187	262/148	18.6	118	0.00 %	12.3 %	12.4 %	10.0
Bedmutha Industries Ltd	350 Cr.	108	155/94.6	20.9	47.0	0.00 %	14.0 %	4.38 %	10.0
D P Wires Ltd	245 Cr.	158	307/122	13.1	172	0.00 %	9.15 %	6.83 %	10.0
Geekay Wires Ltd	235 Cr.	22.5	40.6/18.5	8.19	16.4	1.45 %	16.8 %	19.0 %	1.00
Kritika Wires Ltd	146 Cr.	5.48	11.1/4.50	18.5	3.79	0.00 %	8.90 %	7.73 %	2.00
Industry Average	452.00 Cr	87.31		14.53	61.95	0.24%	10.34%	8.56%	5.67

All Competitor Stocks of Bharat Wire Ropes Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	144	162	158	159	157	147	133	152	162	172	142	165	143
Expenses	108	117	117	117	113	110	101	118	133	135	112	126	110
Operating Profit	37	46	41	42	44	37	33	34	29	37	30	38	33
OPM %	25%	28%	26%	26%	28%	25%	24%	22%	18%	22%	21%	23%	23%
Other Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest	7	6	4	4	3	4	3	3	4	4	4	3	2
Depreciation	5	5	5	5	5	5	5	5	6	6	6	6	6
Profit before tax	25	34	32	33	35	29	24	26	20	28	21	30	24
Tax %	25%	54%	26%	26%	25%	24%	26%	26%	26%	26%	25%	26%	25%
Net Profit	19	16	24	24	26	22	18	19	15	21	16	22	18
EPS in Rs	2.93	2.35	3.49	3.60	3.88	3.20	2.64	2.76	2.17	3.02	2.28	3.23	2.66

Last Updated: February 6, 2026, 12:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 2:46 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	621
Expenses	73	67	52	59	147	222	229	218	348	450	458	487	483
Operating Profit	9	9	8	6	18	19	29	33	62	139	164	132	138
OPM %	11%	12%	14%	9%	11%	8%	11%	13%	15%	24%	26%	21%	22%
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	13
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	103
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	77
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	11.19
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

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

No data available for the Balance Sheet data table.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-6	36	17	32	83	151	-244	24	83	85	73	98
Cash from Investing Activity +	-5	-193	-259	-98	-14	-0	-1	-0	-13	-25	-62	-31
Cash from Financing Activity +	11	227	172	90	-90	-152	247	-25	-64	-61	-11	-66
Net Cash Flow	-0	70	-69	23	-21	-1	2	-2	6	-0	0	-0
Free Cash Flow	-11	-113	-242	-67	68	151	-246	23	70	60	9	66
CFO/OP	-69%	448%	279%	181%	443%	521%	-748%	38%	60%	52%	55%	79%

Free Cash Flow Chart

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%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	39.83%	39.83%	40.77%	40.98%	40.93%	41.25%	41.36%	41.27%	41.27%	41.27%	41.27%	41.27%
FIIs	1.10%	1.39%	3.00%	3.08%	3.15%	3.12%	2.83%	2.72%	2.06%	2.34%	4.42%	2.06%
DIIs	2.70%	2.63%	2.62%	2.61%	2.60%	2.60%	2.60%	2.61%	2.60%	0.87%	0.32%	19.00%
Public	56.38%	56.15%	53.64%	53.33%	53.32%	53.02%	53.22%	53.40%	54.06%	55.52%	54.00%	37.68%
No. of Shareholders	24,741	22,887	23,630	28,327	30,372	31,338	31,432	32,204	32,812	33,400	31,679	31,626

Shareholding Pattern Chart

No. of Shareholders

Bharat Wire Ropes Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

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

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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