Bansal Wire Industries
- Market cap
- ₹ 928 Cr.
- P/E
- 29.3x
- P/B
- 3.13x
- 52-week range
- 44.5 – 74
- ROE
- 12%
- ROCE
- 14%
- Dividend yield
- 0%
- Debt / equity
- 0.39
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Bansal Wire Industries Limited is an India-based stainless-steel wire and steel wire manufacturing company. The Company manufactures high carbon steel wires, galvanized wires, cable armoring wires, strips/stainless steel wires, shaped wires, specialty wires, and mild steel wires (low carbon steel wires). Its high carbon steel wires include automotive control cables, super fine wire, and spring steel wire. Its mild steel wire includes bright wire, cable armor wire, fencing wire, galvanized wire, and super fine/mesh wire. Its stainless-steel wires include welding wire, spring wire, and cold heading wire. Its stainless-steel wires are used in automotive products, braiding hoses, brushes, chains, conveyor belts, filters, fasteners, nails, flexible connectors, kitchenware, and gadgets. The Company caters a range of industries, such as automobiles, infrastructure, hardware, consumer durables, general engineering, power and transmission, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Bansal Wire Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)29.3 against a typical 18.6: pricier than most peers (1st = cheapest).101st of 146
- Sales growth+24% against a typical +13.1% from a year earlier.40th of 117
- Profit growth+39.5% against a typical +26.2% from a year earlier.44th of 105
- Share price, 3 months−4.6% against a typical −3.1%.72nd of 135
- Size₹ 928.2 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).39th of 135
Latest announcements
Exchange filings and their impact on the company.
- Strong Q2 rebound with 24% revenue and 38% profit growth puts full-year on 20%+ growth path.
Bansal Wire reported Q2 FY27 consolidated revenue of Rs 1,308 crore, up 24% from last year, and net profit of Rs 52.9 crore, up 38% from last year and sharply higher than Q1. For the first half, revenue was Rs 2,476 crore with profit of Rs 73.4 crore. Borrowings fell to Rs 333 crore in September from Rs 552 crore in March on strong operating cash flow, supporting continued growth and expansion.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A+ by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil A+ | Stable | 14 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 14 Oct 2025 | Reaffirmed | Crisil A+ | — | CRISIL | ₹ 805 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 22 Oct 2026 | Financial Results | Bansal Wire Industries Limited has informed the Exchange about Board Meeting to be held on Thursday, October 22, 2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarter and half year ended on September 30, 2026 |
| 12 Aug 2026 | Stock Split | Bansal Wire Industries Ltd has informed the exchange that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026,inter alia, to consider and approve the sub-division/Split of Equity Shares of the Company |
| 22 Jul 2026 | Financial Results | Bansal Wire Industries Limited has informed the Exchange about Board Meeting to be held on July 22, 2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarter ended June 30 2026 |
| 29 Apr 2026 | Financial Results | Bansal Wire Industries Limited has informed the Exchange regarding the Board Meeting to be held on April 29, 2026 to inter-alia, consider and approve the audited Financial results (Standalone and Consolidated) of the Company for the quarter and financial year ended March 31 2026 |
| 19 Jan 2026 | Financial Results | Bansal Wire Industries Limited has informed the Exchange about the Board Meeting to be held on January 19, 2026 to inter-alia, consider and approve the Unaudited Financial results of the Company for the quarter and nine months ended December 31 2025 |
| 4 Nov 2025 | Financial Results | To consider and approve the unaudited financial results for the Quarterly and Half Yearly ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 606 | 709 | 817 | 825 | 925 | 940 | 939 | 1,055 | 1,029 | 1,136 | 1,168 | 1,308 |
| Expenses | 570 | 663 | 756 | 762 | 853 | 871 | 867 | 979 | 944 | 1,060 | 1,112 | 1,204 |
| Operating Profit | 36 | 46 | 61 | 64 | 72 | 70 | 72 | 77 | 85 | 76 | 56 | 105 |
| OPM % | 6% | 6% | 7% | 8% | 8% | 7% | 8% | 7% | 8% | 7% | 4.8% | 8% |
| Other Income | 1 | 1 | 1 | 4 | 1 | 3 | 3 | 5 | 0 | 3 | 0 | 0 |
| Interest | 7 | 9 | 12 | 6 | 7 | 11 | 12 | 16 | 15 | 14 | 15 | 18 |
| Depreciation | 3 | 6 | 5 | 6 | 8 | 11 | 12 | 15 | 15 | 15 | 15 | 15 |
| Profit before tax | 27 | 32 | 44 | 57 | 58 | 51 | 50 | 51 | 56 | 50 | 26 | 72 |
| Tax % | 43% | 23% | 29% | 30% | 28% | 35% | 21% | 25% | 23% | 20% | 21% | 26% |
| Net Profit | 15 | 24 | 32 | 40 | 42 | 33 | 39 | 38 | 43 | 40 | 20 | 53 |
| EPS in Rs | 0.23 | 0.37 | 0.47 | 0.51 | 0.53 | 0.42 | 0.5 | 0.49 | 0.55 | 0.51 | 0.26 | 0.68 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 20%
- TTM
- 20%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 40%
- TTM
- 4%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 16%
- 3 Years
- 15%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Bansal Wire Industries | ₹ 58.40 | ₹ 928 Cr. | 29.3x | 3.1x | 12% | — |
| Carborundum Universal | ₹ 1,031.30 | ₹ 19,647 Cr. | 78.7x | 5.7x | — | 3.5% |
| Grindwell Norton | ₹ 1,858.00 | ₹ 20,572 Cr. | 51.8x | 8.5x | — | 13.8% |
| Kajaria Ceramics | ₹ 1,137.65 | ₹ 17,896 Cr. | 37.4x | 6.4x | — | 10.9% |
| Jindal SAW | ₹ 233.30 | ₹ 14,864 Cr. | 19.2x | 1.5x | — | 3.3% |
| Century Plyboards (India) | ₹ 636.25 | ₹ 14,165 Cr. | 55.6x | 5.8x | — | 5.2% |
Management
- Pranav Bansal
- Chief Executive Officer, Managing Director
- Ghanshyam Das Gujrati
- Chief Financial Officer
- Manojkumar Himatram Dave
- Chief Technology Officer
- Gaurav Gupta
- Chief Marketing Officer
- Arun Kumar Gupta
- Whole-Time Director (Promoter)
- Umesh Kumar Gupta
- Whole-Time Director
- Sumit Gupta
- Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.