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NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Bharat Wire Ropes Limited

Bharat Wire Ropes Limited

NSE: BHARATWIRE
SteelBasic MaterialsSMALL CAPMCap ₹1.13k Cr
₹163.77₹1.30 (+0.80%)

Market Closed • NSE

Market cap₹1.13k Cr
Enterprise value₹1.17k Cr
P/E TTM18.18
P/B1.39
EPS TTM₹9.01
ROCE18.70%
D/E9.24
Dividend yield0.00%
Face value₹10.00
52W high₹262.00
52W low₹148.01
Price chart(1Y)
1Y Return:-21.64% (₹45.22)
H: ₹225.99L: ₹154.44
1W+0.58%
1M-4.61%
3M-17.96%
6M-26.51%
1Y-7.15%
Today at a glance

Day range

₹162.02₹166.36

52 week range

₹148.01₹262.00
Volume59.5K0.33x 20D avg
Free float50.00%-66.70% volume

Bharat Wire Ropes Limited closed at INR163.77 (+0.8%) on volume 0.33x its 20-day average, trading 37.49% below its 52-week high.

Technical analysis
RSI (14)43.6Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹7.32High
SMA 20₹166.33BEARISH
SMA 50₹176.11BEARISH
SMA 100₹191.83BEARISH
SMA 200₹189.98BEARISH
CPR bottom₹166.82
Pivot₹165.37
CPR top₹163.92
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -9.8% QoQ

2024-09-17

AGM Announced

Annual General Meeting

2023-07-14

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹74.9 Cr₹1.13k Cr6.65%≤ 33%PASS
Non-halal income ratio–₹590.5 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹989.9 Cr₹989.9 Cr99.99%≥ 20%PASS
Receivables ratio–₹989.9 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E18.1821.90
Forward P/E——
P/B1.392.20
EV/EBITDA—18.00
PEG—1.00
Earnings yield5.504.60
Growth & profitability
RevenuePAT
FY24PAT margin 15.40%
FY25PAT margin 11.70%
FY26PAT margin 12.30%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-1.70%
Revenue CAGR 5Y-1.00%
PAT CAGR 3Y-9.10%
PAT CAGR 5Y-5.50%
Operating margin14.53%
Net margin11.92%
Financial health & cash flow
Net debt₹74.8 CrModerate
Interest coverage9.70xEBIT / interest
CFO / PAT1.06x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹97.7 Cr
Capital expenditure–
Free cash flow₹23.5 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall78/100
Valuation60/100
Profitability80/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 18.7%

Low Debt Profile: Debt-to-Equity is comfortable at 0.09x

High Cash Flow Conversion: CFO/PAT averaged 1.06x over last 3 years

Attractive Valuation: P/E of 18.2x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Steel.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
4.74%Institutional holding
54.00%Public holding
5Periods available
0.00%Promoter pledged
31.68KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—17 Sept 2024
—Annual General MeetingAnnual General Meeting—14 Jul 2023
—Annual General MeetingAnnual General Meeting—02 Aug 2022
—Annual General MeetingAnnual General Meeting—12 Aug 2021
—Annual General MeetingAnnual General Meeting—03 Sept 2020
—Annual General MeetingAnnual General Meeting—02 Aug 2018
—Annual General MeetingAnnual General Meeting—31 Aug 2017
—Annual General MeetingAnnual General Meeting—28 Jul 2016
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)41.73%-8.54% latest vs average
Highest delivery60.37%on 24 Sept
Average volume (20D)178.6KTrading-session average
Conviction trendWeakening-8.54% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
UltraTech Cement Limited
UltraTech Cement LimitedULTRACEMCO
Open analysis
₹3.21L37.592.21%₹25,799.47₹2,982.76+11.86%+20.17%
JSW Steel Limited
JSW Steel LimitedJSWSTEEL
Open analysis
₹2.97L12.050.59%₹47,364.00₹4,651.00+11.55%+112.96%
Hindustan Zinc Limited
Hindustan Zinc LimitedHINDZINC
Open analysis
₹2.28L13.372.07%₹13,687.00₹5,425.00+77.22%+146.14%
Asian Paints Limited
Asian Paints LimitedASIANPAINT
Open analysis
₹2.24L46.941.17%₹10,541.94₹1,539.25+17.94%+39.96%
Tata Steel Limited
Tata Steel LimitedTATASTEEL
Open analysis
₹2.19L19.832.27%₹60,794.00₹2,385.00+14.32%+18.83%
Hindalco Industries Limited
Hindalco Industries LimitedHINDALCO
Open analysis
₹2.02L12.320.56%₹84,825.00₹7,013.00+32.06%+75.15%
Grasim Industries Limited
Grasim Industries LimitedGRASIM
Open analysis
₹1.98L34.820.35%₹11,794.71₹246.65-70.60%-82.61%
Solar Industries India Limited
Solar Industries India LimitedSOLARINDS
Open analysis
₹1.81L90.930.06%₹3,668.00₹666.00+70.29%+88.67%
About Bharat Wire Ropes Limited
Bharat Wire Ropes Limited

Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings. [1]

IndiaBasic Materials

Questions investors ask
Is Bharat Wire Ropes Limited Shariah compliant?

Bharat Wire Ropes Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (6.65%) complies with AAOIFI threshold (≤ 33%).

What is Bharat Wire Ropes Limited's current valuation relative to peers?

Bharat Wire Ropes Limited trades at a P/E of 18.2x compared to the sector median of 21.9x, and a Price-to-Book of 1.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.09x. Interest coverage is 9.7x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -1% while net profit growth averaged -5.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.