Bharat Wire Ropes
- Market cap
- ₹ 998 Cr.
- P/E
- 10.4x
- P/B
- 1.28x
- 52-week range
- 140.91 – 262
- ROE
- 12%
- ROCE
- 12%
- Dividend yield
- 0%
- Debt / equity
- 0.09
- Sector
- Industrial Products
- Industry
- Iron & Steel Products
- Listed on
- NSE, BSE
About
Bharat Wire Ropes Limited is a steel wire rope manufacturing company. The Company is engaged in the business of manufacturing and sale of Wire & Wire Ropes. Its products include wire ropes, slings, strands, and steel wire. It manufactures and offers a range of wire rope products, including crane ropes for ports, large diameter spiral strands for structures and bridges, elevator ropes, high performance mining ropes, long-life-cycle fishing ropes, onshore and offshore ropes, swaged ropes and special ropes for construction sector. It produces a variety of wire rope slings for hoisting, harnessing, and fastening needs. Its structural strands are used for building bridges, roofs, and suspended structures. Its steel wire ropes are widely used in various industries, from oil and gas to fishing. It has a presence in global markets in European countries, the United States, the Middle East, Nepal, New Zealand, Australia, Singapore, South Africa, Vietnam and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Iron & Steel Products: 148 companies →Bharat Wire Ropes 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)10.4 against a typical 18.6: cheaper than most peers (1st = cheapest).34th of 146
- Sales growth−8.5% against a typical +13.1% from a year earlier.91st of 117
- Profit growth−25% against a typical +26.2% from a year earlier.81st of 105
- Share price, 3 months−28% against a typical −3.1%.129th of 135
- Size₹ 998.2 Cr. market value against a typical ₹ 156.5 Cr. (1st = largest).35th of 135
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB+ by CARE- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | CARE BBB+ | Stable | 6 Jul 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Jul 2026 | Reaffirmed | CARE BBB+ | — | CARE | ₹ 123 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 7 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 16 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 2 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 11 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 19 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 159 | 157 | 147 | 133 | 152 | 162 | 172 | 142 | 165 | 143 | 141 | 130 |
| Expenses | 117 | 113 | 110 | 101 | 118 | 133 | 135 | 112 | 126 | 110 | 112 | 105 |
| Operating Profit | 42 | 44 | 37 | 33 | 34 | 29 | 37 | 30 | 38 | 33 | 30 | 26 |
| OPM % | 26% | 28% | 25% | 24% | 22% | 18% | 22% | 21% | 23% | 23% | 21% | 20% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 4 | 3 | 4 | 3 | 3 | 4 | 4 | 4 | 3 | 2 | 2 | 3 |
| Depreciation | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 7 |
| Profit before tax | 33 | 35 | 29 | 24 | 26 | 20 | 28 | 21 | 30 | 24 | 22 | 17 |
| Tax % | 26% | 25% | 24% | 26% | 26% | 26% | 26% | 25% | 26% | 25% | 25% | 26% |
| Net Profit | 24 | 26 | 22 | 18 | 19 | 15 | 21 | 16 | 22 | 18 | 16 | 12 |
| EPS in Rs | 3.6 | 3.88 | 3.2 | 2.64 | 2.76 | 2.17 | 3.01 | 2.28 | 3.23 | 2.66 | 2.4 | 1.78 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 26%
- 5 Years
- 19%
- 3 Years
- 0%
- TTM
- −8%
- 10 Years
- 49%
- 5 Years
- 45%
- 3 Years
- 5%
- TTM
- −1%
- 10 Years
- 16%
- 5 Years
- 23%
- 3 Years
- −4%
- TTM
- —
- 10 Years
- 11%
- 5 Years
- 24%
- 3 Years
- 21%
- 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.
| Bharat Wire Ropes | ₹ 148.80 | ₹ 998 Cr. | 10.4x | 1.3x | 12% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- Mahender Singh Arora
- Chief Executive Officer
- Rakesh Kumar Jain
- Chief Financial Officer
- Govinda Soni
- Chief Compliance Officer, Company Secretary
- Mayank Murarilal Mittal
- Joint Managing Director, Executive Director
- Murarilal Ramsukh Mittal
- Managing Director, Non-Executive Director
- Sushil Radheyshyam Sharda
- Whole-Time Director, Director - Finance
Prices are delayed and for information only. Nothing on this page is investment advice.