Bombay Wire

Which are the latest news on Bombay Wire?

What does Bombay Wire do?

Bombay Wire Ropes Ltd manufactures wire ropes, structural strands, slings, and wires, operating in the Iron & Steel Products industry as a Micro Cap company. As of March 2026, it reported no net profit and has a market cap of INR 27 Cr.

Overview: <BR>Bombay Wire Ropes Ltd is engaged in the manufacturing and sales of wire ropes, structural strands, slings, and wires, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History: <BR>Bombay Wire Ropes Limited was incorporated on July 24, 1986. The latest quarterly results reported are for March 2026, showing no net profit.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>Industry P/E: 53 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 0.00% <BR>Price to Book: 0.00<BR><BR>Contact Details: <BR>Address: 401/405 Jolly Bhavan No 1, 10 New Marine Lines Mumbai Maharashtra : 400020 <BR>Tel: 91-22-22003231/22005056/22004325 <BR>Email: newindia@bom5.vsnl.act.in <BR>Website: http://www.bombaywireropes.com

How big is Bombay Wire?

As of 10th June, Bombay Wire Ropes Ltd has a market capitalization of 27.00 Cr, with recent net sales of 0.00 Cr and a net profit loss of 0.07 Cr. Shareholder's funds are 7.80 Cr, and total assets amount to 7.83 Cr.

As of 10th June, Bombay Wire Ropes Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 0.00 Cr and a Net Profit loss of 0.07 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 7.80 Cr and Total Assets of 7.83 Cr.

Who are in the management team of Bombay Wire?

The management team of Bombay Wire includes Kashinath Rajgarhia (Independent Director), Raj Kumar Jhunjhunwala (Whole-time Director), Anurag Kanoria (Director), Vineeta Arvindkumar Kanoria (Director), Vinod Jiwanram Lohia (Independent Director), Shraboni Chatterjee (Company Secretary & Compliance Officer), and Bimal Kumar Kanodia (Independent Director).

The management team of Bombay Wire includes the following members:<BR><BR>1. Kashinath Rajgarhia - Independent Director<BR>2. Raj Kumar Jhunjhunwala - Whole-time Director<BR>3. Anurag Kanoria - Director<BR>4. Vineeta Arvindkumar Kanoria - Director<BR>5. Vinod Jiwanram Lohia - Independent Director<BR>6. Shraboni Chatterjee - Company Secretary & Compliance Officer<BR>7. Bimal Kumar Kanodia - Independent Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the Bombay Wire?

Bombay Wire's peers include Aryavan Enterpri, Rathi Bars, Ashirwad Steels, and others, with varying management risks and growth rates. Aryavan Enterpri shows the highest 1-year return at 16.28%, while Rathi Bars has the lowest at -38.59%, and Bombay Wire's return is -28.07%.

Peers: The peers of Bombay Wire are Aryavan Enterpri, Rathi Bars, Ashirwad Steels, Unison Metals, Shree Marutinand, Mukat Pipes, Inducto Steel, Bloom Industries, Supreme Engg., and Kalana Ispat.<BR><BR>Quality Snapshot: Excellent management risk is observed at Aryavan Enterpri and Shree Marutinand, while Average management risk is found at Ashirwad Steels and the rest. Below Average management risk is noted for Rathi Bars, Unison Metals, Inducto Steel, Bloom Industries, Supreme Engg., and Kalana Ispat. In terms of growth, Excellent growth is seen at Aryavan Enterpri and Shree Marutinand, while Good growth is noted at Inducto Steel, and the rest have Below Average growth. For capital structure, Good capital structure is present at Shree Marutinand, Average at Bombay Wire and Kalana Ispat, and Below Average at Rathi Bars, Ashirwad Steels, Unison Metals, Inducto Steel, Bloom Industries, Supreme Engg., and Mukat Pipes.<BR><BR>Return Snapshot: Aryavan Enterpri has the highest 1-year return at 16.28%, while Rathi Bars has the lowest at -38.59%. Bombay Wire's 1-year return of -28.07% is worse than Aryavan Enterpri's but better than Rathi Bars'. Additionally, Unison Metals, Rathi Bars, Ashirwad Steels, Shree Marutinand, Inducto Steel, Bloom Industries, and Supreme Engg. all have negative six-month returns.

When is the next results date for Bombay Wire Ropes Ltd?

The next results date for Bombay Wire Ropes Ltd is April 15, 2026.

The next results date for Bombay Wire Ropes Ltd is scheduled for April 15, 2026.

How has been the historical performance of Bombay Wire?

Bombay Wire has consistently reported zero revenue and negative operating profit, with a profit after tax of -1.31 crore in March 2025. Despite this, the company experienced a net cash inflow of 6.00 crore due to significant investing activities.

Answer:<BR>The historical performance of Bombay Wire shows a consistent trend of zero net sales and other operating income over the past several years, indicating no revenue generation from its operations. The total operating income also remained at zero, with raw material costs, purchases of finished goods, and other operating expenses reflecting similar values. Employee costs have seen a gradual increase from 0.12 crore in March 2019 to 0.46 crore in March 2025, while total expenditure has risen from 0.24 crore in March 2019 to 0.75 crore in March 2025. Operating profit has consistently been negative, with the operating profit margin remaining at 0.0% throughout the years. Profit before tax has also been negative, culminating in a profit after tax of -1.31 crore in March 2025, compared to -0.31 crore in March 2024. The company's equity capital has remained stable at 0.53 crore, while reserves have decreased significantly from 6.96 crore in March 2024 to 0.00 crore in March 2025. The book value per share has shown a slight increase from 14.04 in March 2024 to 14.61 in March 2025. Cash flow from operating activities has been negative at -1.00 crore in March 2025, while cash flow from investing activities has seen a significant inflow of 8.00 crore, leading to a net cash inflow of 6.00 crore for the same period.<BR><BR>Breakdown:<BR>Bombay Wire has not generated any revenue from net sales or other operating income over the past several years, with total operating income consistently at zero. Employee costs have increased gradually, contributing to a rise in total expenditure from 0.24 crore in March 2019 to 0.75 crore in March 2025. Operating profit has remained negative, with the company reporting a profit after tax of -1.31 crore in March 2025. The equity capital has remained unchanged at 0.53 crore, while reserves have dropped to zero. Despite the lack of operational income, the book value per share has increased slightly. The company experienced a negative cash flow from operating activities but reported a substantial inflow from investing activities, resulting in a net cash inflow of 6.00 crore in March 2025.

Who are the top shareholders of the Bombay Wire?

The top shareholders of Bombay Wire include New India Exports Private Limited with 50.34%, Life Insurance Corporation of India at 8.46%, and individual investors holding 16.22%. There are no mutual funds or foreign institutional investors currently invested in the company.

The top shareholders of Bombay Wire are primarily the promoters, with New India Exports Private Limited holding the largest share at 50.34%. The highest public shareholder is Life Insurance Corporation of India, which owns 8.46%. Additionally, individual investors collectively hold 16.22% of the company's shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

Why is Bombay Wire falling/rising?

As of 10-Jun, Bombay Wire Ropes Ltd is priced at 66.60, down 1.62%, and has underperformed its sector with a significant drop in delivery volume and high volatility. Despite a 5.38% gain over the past week, its long-term performance is weak, showing a -17.23% return over the past year compared to the Sensex's 7.72% gain.

As of 10-Jun, Bombay Wire Ropes Ltd is currently priced at 66.60, reflecting a decrease of 1.1, or 1.62%. The stock has been underperforming its sector, with a performance today that is down by 1.83%. It has experienced consecutive declines over the last two days, totaling a drop of 1.99%. Notably, the stock opened significantly lower today, with an initial loss of 11.33%, and reached an intraday low of Rs 60.03. Despite trading higher than its moving averages over various periods, the stock has shown high volatility today with an intraday volatility of 6.22%. Additionally, there has been a marked decline in investor participation, as evidenced by a 94.81% drop in delivery volume compared to the five-day average.<BR><BR>In the broader market context, the stock has shown a positive return of 5.38% over the past week, which is significantly higher than the Sensex's return of 2.05% for the same period. However, over the past year, Bombay Wire has underperformed the benchmark, with a return of -17.23% compared to the Sensex's gain of 7.72%. This disparity indicates that while the stock has had some short-term gains, its long-term performance remains weak relative to the market. The lack of available positive factors further complicates the stock's outlook, contributing to the current downward trend.

What is the technical trend for Bombay Wire?

As of June 4, 2025, Bombay Wire's trend is mildly bullish, supported by a bullish weekly MACD and Bollinger Bands, despite a mildly bearish monthly MACD and negative one-year return of -11.65%.

As of 4 June 2025, the technical trend for Bombay Wire has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive trend, while the monthly MACD is mildly bearish, indicating some caution. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting upward momentum. However, the daily moving averages are mildly bearish, which could temper the bullish outlook in the short term. The KST is bullish on both weekly and monthly charts, reinforcing the overall positive sentiment. Despite the recent price action, the stock is still below its 52-week high of 85.49, and the one-year return is negative at -11.65%, which may impact investor sentiment. Overall, the current stance is mildly bullish, with strength driven by the weekly MACD and Bollinger Bands.

Has Bombay Wire declared dividend?

No Dividend History Available