Who are in the management team of Bharat Wire?

As of March 2023, the management team of Bharat Wire includes Venkateswararao Laxmanamurty Kandikuppa (Whole-time Director), Murarilal Ramsukh Mittal (Managing Director), Ruhi Mittal (Director), Sanjiv Swarup (Chairman & Independent Director), Mayank Mittal (Joint Managing Director), and several independent directors, along with the Company Secretary. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Bharat Wire includes the following individuals:<BR><BR>1. Venkateswararao Laxmanamurty Kandikuppa - Whole-time Director<BR>2. Murarilal Ramsukh Mittal - Managing Director<BR>3. Ruhi Mittal - Director<BR>4. Sanjiv Swarup - Chairman & Independent Director<BR>5. Mayank Mittal - Joint Managing Director<BR>6. Govinda Soni - Company Secretary & Compliance Officer<BR>7. Shiv Kumar Malu - Independent Director<BR>8. Sushil Radheshyam Sharda - Whole-time Director (Finance)<BR>9. Subhash Chander Kalia - Independent Director<BR>10. Anita Shantaram - Independent Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Has Bharat Wire declared dividend?

No Dividend History Available

Who are the peers of the Bharat Wire?

Bharat Wire's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Hariom Pipe, BMW Industries, Cosmic CRF, Steel Exchange, and Sat Industries. Bharat Wire has below average management and capital structure risks, with a 1-year return of -31.82%, compared to peers like Welspun Corp, which has the highest return at 68.56%.

Peers: The peers of Bharat Wire are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Hariom Pipe, BMW Industries, Cosmic CRF, Steel Exchange, and Sat Industries.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Hariom Pipe, and Average management risk is present at Jindal Saw, BMW Industries, Cosmic CRF, and Sat Industries. Below Average management risk is noted for Bharat Wire and Steel Exchange. Excellent growth is seen at APL Apollo Tubes, Hariom Pipe, and Cosmic CRF, while Good growth is observed at Bharat Wire, and Average growth is found at Shyam Metalics and Ratnamani Metals. Below Average growth is noted for Welspun Corp and Jindal Saw, while the rest have varying ratings. Excellent capital structure is present at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is seen at Cosmic CRF and Average capital structure is noted for Welspun Corp, Hariom Pipe, BMW Industries, and Sat Industries. Below Average capital structure is observed at Bharat Wire, Jindal Saw, and Steel Exchange.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.56%, while the lowest is Jindal Saw at -22.93%. Bharat Wire's own 1-year return is -31.82%, which is lower than both. Additionally, the six-month return is negative for Ratnamani Metals, Jindal Saw, Hariom Pipe, BMW Industries, Steel Exchange, and Sat Industries.

What does Bharat Wire do?

Bharat Wire Ropes Ltd, established in 1986, operates in the Iron & Steel Products industry, focusing on wire ropes. As of March 2025, it reported net sales of ₹1,718 Cr and a net profit of ₹206 Cr, with a market cap of ₹1,513 Cr.

Overview:<BR>Bharat Wire Ropes Ltd is a company operating in the Iron & Steel Products industry and is categorized as a Small Cap entity.<BR><BR>History:<BR>Bharat Wire Ropes Limited was incorporated in 1986 as Bharat Ropes Private Limited and later became a Public Limited Company in 1992. The company underwent a name change to Bharat Wire Ropes Limited in 1996. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,718 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 206 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 1,513 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 21.00<BR>- Industry P/E: 38<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.17<BR>- Return on Equity: 10.34%<BR>- Price to Book: 2.15<BR><BR>Contact Details:<BR>Address: Plot 1&4 Atgaon Industrial, Complex Taluka Shalpur Thane Maharashtra : 421601<BR>Tel: 91-2527-240123<BR>Email: compliance@bharatwireropes.com<BR>Website: http://www.bharatwireropes.com

Who are the top shareholders of the Bharat Wire?

The top shareholders of Bharat Wire are Gyansankar Investment & Trading Co. Pvt. Ltd. with 31.81%, followed by Authum Investment And Infrastructure Limited at 15.66%. Individual investors own 27.77% of the shares, and 50.87% of promoter holdings are pledged, with 33 foreign institutional investors holding 2.83%.

The top shareholders of Bharat Wire include Gyansankar Investment & Trading Co. Pvt. Ltd., which holds the highest stake at 31.81%. Following that, Authum Investment And Infrastructure Limited is the largest public shareholder with a 15.66% holding. Additionally, individual investors collectively own 27.77% of the shares. It's also noteworthy that 50.87% of the promoter holdings are pledged, and the company has 33 foreign institutional investors holding 2.83% of the shares.

How big is Bharat Wire?

As of 24th July, Bharat Wire Ropes Ltd has a market capitalization of 1,428.00 Cr, with recent net sales of 621.84 Cr and a net profit of 96.20 Cr. The balance sheet for March 2024 shows shareholder's funds of 660.63 Cr and total assets of 835.24 Cr.

As of 24th July, Bharat Wire Ropes Ltd has a market capitalization of 1,428.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Bharat Wire reported Net Sales of 621.84 Cr and a Net Profit of 96.20 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 660.63 Cr and Total Assets of 835.24 Cr.

Are Bharat Wire latest results good or bad?

Bharat Wire Ropes' latest financial results are disappointing, with net sales down 8.5% and both Profit Before Tax and Profit After Tax declining by 15.4% and 13.8%, respectively. Overall, these results indicate significant challenges in the company's financial health.

Bharat Wire Ropes has reported disappointing financial results for the quarter ending June 2025. The company experienced a significant decline in key performance metrics, indicating challenges in its financial health.<BR><BR>Net sales for the quarter were Rs 141.65 crore, which is an 8.5% decrease from the average of the previous four quarters. The Profit Before Tax (PBT) dropped to Rs 20.53 crore, down 15.4% compared to the average PBT of the prior quarters. Similarly, Profit After Tax (PAT) fell to Rs 15.61 crore, reflecting a decline of 13.8% from the average PAT previously reported.<BR><BR>Additionally, the operating profit to interest ratio has decreased to 8.01 times, marking the lowest point in five quarters, which suggests a weakening ability to manage interest payments. Overall, these results indicate that Bharat Wire Ropes is facing significant challenges in its financial performance, and the latest results can be characterized as bad.

When is the next results date for Bharat Wire?

The next results date for Bharat Wire is 12 November 2025.

The next results date for Bharat Wire is scheduled for 12 November 2025.

How has been the historical performance of Bharat Wire?

Bharat Wire has shown significant growth over the past three years, with net sales increasing from 410.68 Cr in Mar'22 to 621.84 Cr in Mar'24, and profit after tax rising from 13.67 Cr to 96.34 Cr in the same period, indicating robust financial performance across key metrics.

Answer:<BR>The historical performance of Bharat Wire shows significant growth in key financial metrics over the past three years.<BR><BR>Breakdown:<BR>Bharat Wire's net sales increased from 410.68 Cr in Mar'22 to 589.06 Cr in Mar'23, and further to 621.84 Cr in Mar'24, indicating a strong upward trend. Total operating income followed the same pattern, reaching 621.84 Cr in Mar'24. The company's operating profit (PBDIT) also saw substantial growth, rising from 62.76 Cr in Mar'22 to 139.49 Cr in Mar'23, and then to 164.84 Cr in Mar'24. Profit before tax improved significantly from 17.93 Cr in Mar'22 to 96.63 Cr in Mar'23, and further to 128.89 Cr in Mar'24. Correspondingly, profit after tax rose from 13.67 Cr in Mar'22 to 62.25 Cr in Mar'23, and reached 96.34 Cr in Mar'24. The earnings per share (EPS) reflected this growth, increasing from 2.14 in Mar'22 to 9.16 in Mar'23, and finally to 14.14 in Mar'24. On the balance sheet, total assets grew from 725.75 Cr in Mar'22 to 766.93 Cr in Mar'23, and further to 835.24 Cr in Mar'24, while total liabilities increased from 725.75 Cr to 766.93 Cr, and then to 835.24 Cr over the same period. The cash flow from operating activities remained stable, showing a slight increase from 83.00 Cr in Mar'23 to 85.00 Cr in Mar'24. Overall, Bharat Wire has demonstrated robust financial performance with consistent growth across various metrics.

Should I buy, sell or hold Bharat Wire?

Is Bharat Wire overvalued or undervalued?

As of December 2, 2025, Bharat Wire is considered very attractive and undervalued with a PE ratio of 16.36 and an EV to EBITDA of 9.62, especially when compared to more expensive peers like Thermax and BEML Ltd, despite its recent stock performance trailing the Sensex.

As of 2 December 2025, Bharat Wire's valuation grade has moved from attractive to very attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued, with a PE ratio of 16.36, an EV to EBITDA of 9.62, and a ROCE of 12.82%. These metrics suggest that Bharat Wire is trading at a favorable valuation compared to its peers.<BR><BR>In comparison, Thermax, which is considered expensive, has a significantly higher PE ratio of 58.7 and an EV to EBITDA of 38.54, while BEML Ltd also shows expensive valuations with a PE of 50.43. This peer comparison reinforces the notion that Bharat Wire is undervalued in its industry. Despite recent stock performance trailing the Sensex, particularly with a year-to-date return of -17.6% compared to the Sensex's 8.96%, the underlying fundamentals present a compelling case for its attractiveness as an investment.

Why is Bharat Wire falling/rising?

As of 04-Dec, Bharat Wire Ropes Ltd's stock price is at 172.25, reflecting a decline of 5.41% over the last six days and significantly underperforming the Sensex across various time frames. The stock's bearish trend is compounded by financial concerns, including a low ROCE and a high percentage of pledged promoter shares.

As of 04-Dec, Bharat Wire Ropes Ltd's stock price is falling, currently at 172.25, which reflects a decrease of 0.95 (-0.55%). The stock has been on a downward trend, having lost value for the last six consecutive days, resulting in a total decline of 5.41% during this period. This decline is further illustrated by the stock's performance over various time frames, where it has underperformed significantly compared to the benchmark Sensex. Over the past week, the stock has dropped by 4.76%, while the Sensex has only decreased by 0.53%. <BR><BR>In the last month, Bharat Wire's stock has seen a substantial decline of 17.21%, contrasting sharply with the Sensex's gain of 2.16%. Year-to-date, the stock is down 18.83%, while the Sensex has risen by 9.12%. Over the past year, the stock has generated a return of -26.95%, significantly underperforming the broader market, which has seen a return of 5.32%.<BR><BR>Several factors contribute to this decline. The stock is trading below its moving averages across multiple time frames, indicating a bearish trend. Additionally, the company's financial health shows concerning signs, such as a decline in operating cash flow and a low return on capital employed (ROCE) of 12.8%. The fact that 51% of promoter shares are pledged adds to the downward pressure, especially in a falling market. <BR><BR>Despite some positive long-term growth indicators, such as a healthy annual growth rate of operating profit at 59.89%, the recent performance and market conditions have led to a negative sentiment surrounding the stock, resulting in its current decline.

Is Bharat Wire technically bullish or bearish?

As of December 4, 2025, the market trend is mildly bearish, influenced by daily moving averages and weekly Bollinger Bands indicating bearish momentum, despite some mildly bullish signals from the MACD and KST.

As of 4 December 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also signaling bearish conditions. While the weekly MACD and KST show mildly bullish signals, the overall monthly indicators remain bearish, including the MACD and Bollinger Bands. The Dow Theory presents a mixed view with a mildly bearish weekly outlook contrasted by a mildly bullish monthly perspective. The stock has underperformed significantly against the Sensex over various time frames, further supporting the bearish sentiment.

Which are the latest news on Bharat Wire?