Bharat Wire Ropes Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹441.32Undervalued by 88.60%vs CMP ₹234.00

P/E (20.9) × ROE (22.9%) × BV (₹113.00) × DY (2.00%)

₹256.06Fairly Valued by 9.43%vs CMP ₹234.00
MoS: +8.6% (Thin)Confidence: 58/100 (Moderate)Models: 2 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹614.3823%Under (+162.6%)
Graham NumberEarnings₹168.6717%Over (-27.9%)
Earnings PowerEarnings₹75.4411%Over (-67.8%)
DCFCash Flow₹260.5611%Under (+11.4%)
Net Asset ValueAssets₹113.287%Over (-51.6%)
EV/EBITDAEnterprise₹209.659%Over (-10.4%)
Earnings YieldEarnings₹111.907%Over (-52.2%)
ROCE CapitalReturns₹66.437%Over (-71.6%)
Revenue MultipleRevenue₹90.256%Over (-61.4%)
Consensus (9 models)₹256.06100%Fairly Valued
Key Drivers: EPS CAGR 39.2% lifts DCF — verify sustainability. | Wide model spread (₹66–₹614) — high uncertainty.

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 ₹234.00, market cap is 1,605 Cr.. At a glance, stock P/E is 20.9, ROE is 22.9 %, ROCE is 13.4 %, book value is 113, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹256.06, which is about 9.4% 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 250/148, 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

63
Bharat Wire Ropes Ltd scores 63/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health77/100 · Strong
ROCE 13.4% GoodROE 22.9% ExcellentD/E 0.59 ModerateInterest Coverage 0.0x RiskyProfitable 4/5 years Consistent
Smart Money40/100 · Moderate
FII holding stable No changeDII holding down 1.73% MF sellingPromoter 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 20.9 vs industry 18.0 In-lineROCE 13.4% vs industry 14.0% AverageROE 22.9% vs industry 15.2% 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. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 4, 2026, 11:56 pm

Market Cap 1,605 Cr.
Current Price 234
Intrinsic Value₹256.06
High / Low 250/148
Stock P/E20.9
Book Value 113
Dividend Yield0.00 %
ROCE13.4 %
ROE22.9 %
Face Value 10.0
PEG Ratio0.53

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

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 1,605 Cr. 234 250/14820.9 1130.00 %13.4 %22.9 % 10.0
Bedmutha Industries Ltd 339 Cr. 106 187/94.6 43.70.00 %16.7 %18.0 % 10.0
D P Wires Ltd 283 Cr. 182 307/12223.2 1630.00 %12.5 %9.36 % 10.0
Geekay Wires Ltd 276 Cr. 26.4 41.5/18.58.98 15.81.23 %25.4 %28.5 % 1.00
Kritika Wires Ltd 169 Cr. 6.33 11.1/4.5018.7 3.640.00 %15.1 %11.3 % 2.00
Industry Average534.40 Cr100.4917.9558.940.21%14.00%15.18%5.67

All Competitor Stocks of Bharat Wire Ropes Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 144162158159157147133152162172142165143
Expenses 108117117117113110101118133135112126110
Operating Profit 37464142443733342937303833
OPM % 25%28%26%26%28%25%24%22%18%22%21%23%23%
Other Income 0000000000000
Interest 7644343344432
Depreciation 5555555566666
Profit before tax 25343233352924262028213024
Tax % 25%54%26%26%25%24%26%26%26%26%25%26%25%
Net Profit 19162424262218191521162218
EPS in Rs 2.932.353.493.603.883.202.642.762.173.022.283.232.66

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

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 23, 2026, 2:46 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 82776165165240258250411589622619621
Expenses 73675259147222229218348450458487483
Operating Profit 99861819293362139164132138
OPM % 11%12%14%9%11%8%11%13%15%24%26%21%22%
Other Income 0-2032010011111
Interest 4443257389342322151313
Depreciation 2224122122222121212223
Profit before tax 21230-74-82-23189712998103
Tax % 38%70%40%16%20%-40%-26%-26%24%36%25%26%
Net Profit 20120-45-61-171462967277
EPS in Rs 0.510.110.300.540.06-9.91-13.56-2.682.149.1714.1610.5811.19
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152016-20172017-20182019-20202020-20212021-20222022-20232023-20242024-2025
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: December 4, 2025, 1:03 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 29294545454545636468686869
Reserves 404193969855-6-105110210285708
Borrowings 2842196371525610674657652564515514102
Other Liabilities 45398387685739375339428899
Total Liabilities 142152417599736767752747774781835956977
Fixed Assets 676665340566560539513492481475484482
CWIP 811159142211103134762
Investments 0000000002200
Other Assets 6775193117169206213233282294345425434
Total Assets 142152417599736767752747774781835956977

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 8-636173283151-24424838574
Cash from Investing Activity + -2-5-193-259-98-14-0-1-0-13-25-62
Cash from Financing Activity + -131122717290-90-152247-25-64-61-11
Net Cash Flow -7-070-6923-21-12-26-01
Free Cash Flow 6-11-113-242-6768151-24623706010
CFO/OP 91%-69%448%279%181%443%521%-748%38%60%52%56%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 9967102955155425335304651
Inventory Days 236274325334243213174148113122110131
Days Payable 11597861501247624254420718
Cash Conversion Cycle 220245341280170192191176104132150164
Working Capital Days 19867-8781-36-212-39610491120165185
ROCE %7%6%3%1%4%-0%1%2%6%16%19%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 39.90%39.86%39.83%39.83%40.77%40.98%40.93%41.25%41.36%41.27%41.27%41.27%
FIIs 1.43%1.06%1.10%1.39%3.00%3.08%3.15%3.12%2.83%2.72%2.06%2.34%
DIIs 3.61%3.20%2.70%2.63%2.62%2.61%2.60%2.60%2.60%2.61%2.60%0.87%
Public 55.07%55.89%56.38%56.15%53.64%53.33%53.32%53.02%53.22%53.40%54.06%55.52%
No. of Shareholders 12,99618,77524,74122,88723,63028,32730,37231,33831,43232,20432,81233,400

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

MonthMar 24Mar 23Mar 22
FaceValue 10.0010.0010.00
Basic EPS (Rs.) 14.159.682.17
Diluted EPS (Rs.) 14.159.682.17
Cash EPS (Rs.) 17.2712.215.50
Book Value[Excl.RevalReserv]/Share (Rs.) 40.8526.1470.77
Book Value[Incl.RevalReserv]/Share (Rs.) 40.8526.1470.77
Revenue From Operations / Share (Rs.) 91.3986.7664.34
PBDIT / Share (Rs.) 24.2320.549.83
PBIT / Share (Rs.) 21.1117.506.47
PBT / Share (Rs.) 18.9414.232.81
Net Profit / Share (Rs.) 14.169.172.14
NP After MI And SOA / Share (Rs.) 14.149.162.14
PBDIT Margin (%) 26.5023.6715.28
PBIT Margin (%) 23.1020.1710.06
PBT Margin (%) 20.7216.404.36
Net Profit Margin (%) 15.4910.563.32
NP After MI And SOA Margin (%) 15.4710.563.32
Return on Networth / Equity (%) 34.6035.063.02
Return on Capital Employeed (%) 18.5816.756.22
Return On Assets (%) 11.777.961.76
Long Term Debt / Equity (X) 0.370.800.45
Total Debt / Equity (X) 0.471.020.59
Asset Turnover Ratio (%) 0.770.750.00
Current Ratio (X) 7.553.811.96
Quick Ratio (X) 5.322.281.23
Inventory Turnover Ratio (X) 3.073.560.00
Interest Coverage Ratio (X) 11.156.282.68
Interest Coverage Ratio (Post Tax) (X) 7.523.801.58
Enterprise Value (Cr.) 1999.831224.97699.69
EV / Net Operating Revenue (X) 3.222.081.70
EV / EBITDA (X) 12.138.7811.15
MarketCap / Net Operating Revenue (X) 3.021.791.06
Price / BV (X) 6.755.930.96
Price / Net Operating Revenue (X) 3.021.791.06
EarningsYield 0.050.050.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 619.32 Cr. and Equity Capital is Rs. 68.45 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Steel - WiresPlot No. 4, MIDC, Chalisgaon Industrial Area, Jalgaon District Maharashtra 424101Contact not found
Management
NamePosition Held
Mr. Sanjiv SwarupChairman(NonExe.&Ind.Director)
Mr. Murarilal Ramsukh MittalManaging Director
Mr. Mayank MittalJoint Managing Director
Mr. Sushil ShardaWhole Time Director - Finance
Mr. Venkateshwararao KandikuppaWhole Time Director
Ms. Ruhi MittalNon Exe.Non Ind.Director
Mr. Anita Rahul ShantaramIndependent Director
Mr. Subhash Chander KaliaIndependent Director

FAQ

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

As of 10 May 2026, Bharat Wire Ropes Ltd's intrinsic value is ₹256.06, which is 9.43% higher than the current market price of ₹234.00, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (22.9 %), book value (₹113), 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 ₹234.00 as of 10 May 2026, with a FY2026-2027 high of ₹250 and low of ₹148. The stock is currently near its 52-week high. Market cap stands at ₹1,605 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 20.9, which is above the industry average of 17.95. The premium over industry average may reflect growth expectations or speculative interest.

Is Bharat Wire Ropes Ltd financially healthy?

Key indicators for Bharat Wire Ropes Ltd: ROCE of 13.4 % is moderate; ROE of 22.9 % shows strong shareholder returns. 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 ₹234.00. The company is currently not paying meaningful dividends.

Last Updated: May 4, 2026, 11:56 pm
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Bharat Wire Ropes Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE