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Incorporated in 1985, Bansal Wire IndustriesLtd manufactures and sells wires of multiple varieties[1]
Business Overview:[1]Bansal Wire Industries Ltd is a leading Indian steel wire manufacturer, ranked2nd by volume overall and the largest in stainless steel wire by volume. It serves 5,000+ customers across 50+ countries, with an 89.56% retention rate among its top 300 clients.
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | APL Apollo Tubes | 1762.20 | 46.65 | 48925.02 | 0.33 | 301.54 | 460.38 | 5206.30 | 9.06 | 22.36 | 21317.40 | 7.40 | 1048.79 | 301.54 | 10.60 | 10.02 | 0.16 |
| 2. | Shyam Metalics | 805.00 | 23.15 | 22470.12 | 0.56 | 260.45 | 21.47 | 4457.02 | 22.65 | 12.05 | 16767.73 | 12.46 | 970.37 | 261.76 | 2.05 | 5.92 | 0.10 |
| 3. | Welspun Corp | 835.45 | 12.41 | 22023.04 | 0.60 | 443.51 | 48.67 | 4373.61 | 32.46 | 21.24 | 15463.58 | 13.00 | 1773.93 | 439.68 | 2.69 | 8.93 | 0.19 |
| 4. | Ratnamani Metals | 2390.00 | 27.62 | 16751.98 | 0.58 | 156.04 | 35.69 | 1191.69 | 22.69 | 21.51 | 5374.76 | 16.84 | 606.49 | 136.22 | 4.34 | 12.11 | 0.06 |
| 5. | Godawari Power | 239.50 | 21.61 | 16041.63 | 0.41 | 161.65 | 1.78 | 1307.68 | 3.16 | 23.25 | 5396.61 | 20.82 | 743.44 | 161.44 | 3.09 | 13.86 | 0.04 |
| 6. | Gallantt Ispat L | 594.00 | 29.08 | 14332.10 | 0.21 | 88.93 | 81.90 | 1012.75 | 7.45 | 19.20 | 4331.00 | 17.56 | 492.70 | 88.93 | 4.61 | 11.96 | 0.21 |
| 7. | Usha Martin | 447.00 | 32.26 | 13621.96 | 0.69 | 109.80 | 16.20 | 907.56 | 1.84 | 18.75 | 3551.37 | 16.89 | 421.99 | 127.50 | 4.56 | 11.50 | 0.09 |
| 8. | Bansal Wire Inds | 329.20 | 40.32 | 5153.81 | 0.00 | 31.81 | -4.85 | 1010.65 | 44.25 | 15.06 | 3744.60 | 6.13 | 127.85 | 31.81 | 4.11 | 8.24 | 0.41 |
| – | Median: 83 Co. | 162.9 | 21.61 | 864.17 | 0.0 | 10.42 | 11.87 | 191.14 | 8.73 | 13.95 | 718.49 | 8.08 | 32.96 | 10.42 | 2.2 | 6.7 | 0.26 |
Standalone figures in ₹ crores
| Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2024 | Mar 2025 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Sales | 562 | 929 | 548 | 677 | 908 | 571 | 897 | 603 | 701 | 1,011 |
Expenses | 531 | 873 | 522 | 631 | 852 | 540 | 839 | 567 | 654 | 951 |
Operating Profit | 31 | 56 | 26 | 45 | 56 | 31 | 58 | 36 | 47 | 60 |
Other Income | 1 | 3 | 1 | 1 | 5 | 1 | 4 | 5 | 5 | 6 |
Profit before tax | 23 | 48 | 19 | 35 | 41 | 22 | 44 | 32 | 45 | 42 |
Tax % | 43% | 25% | 9% | 25% | 27% | 10% | 32% | 44% | 26% | 24% |
Net Profit | 13 | 36 | 17 | 26 | 30 | 20 | 30 | 18 | 33 | 32 |
EPS in Rs | 1.03 | 2.28 | 19.00 | 2.04 | 1.93 | 1.56 | 1.92 | 19.94 | 2.14 | 2.03 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
Sales | 1,372 | 1,403 | 1,477 | 2,197 | 2,412 | 2,284 | 3,203 | 3,745 |
Expenses | 1,322 | 1,339 | 1,395 | 2,091 | 2,307 | 2,160 | 2,997 | 3,515 |
Operating Profit | 51 | 64 | 82 | 106 | 105 | 125 | 206 | 230 |
Other Income | 3 | 2 | 3 | 7 | 9 | 7 | 13 | 18 |
Interest | 20 | 22 | 21 | 27 | 24 | 25 | 30 | 39 |
Depreciation | 6 | 7 | 8 | 8 | 9 | 10 | 18 | 33 |
Profit before tax | 27 | 38 | 56 | 78 | 82 | 97 | 172 | 175 |
Net Profit | 18 | 26 | 40 | 57 | 60 | 68 | 125 | 128 |
EPS in Rs | 47.61 | 68.91 | 136.24 | 62.93 | 65.89 | 5.37 | 7.99 | 8.16 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
Equity Capital | 4 | 4 | 3 | 9 | 9 | 64 | 78 | 78 |
Reserves | 102 | 128 | 157 | 214 | 277 | 290 | 1,105 | 1,167 |
Borrowings | 211 | 263 | 362 | 413 | 422 | 603 | 537 | 514 |
Other Liabilities | 38 | 41 | 48 | 59 | 44 | 95 | 265 | 235 |
Total Liabilities | 355 | 436 | 570 | 695 | 753 | 1,052 | 1,985 | 1,994 |
Fixed Assets | 86 | 99 | 106 | 116 | 116 | 142 | 507 | 641 |
Gross Block | 124.56 | 144.83 | 113.14 | 131.44 | 132.98 | 168.48 | 551.40 | – |
Accumulated Depreciation | 38.83 | 45.43 | 7.50 | 15.86 | 17.47 | 26.84 | 44.15 | – |
CWIP | 0 | 0 | 0 | 0 | 38 | 202 | 163 | 108 |
Investments | 0 | 0 | 0 | 23 | 23 | 55 | 99 | 99 |
Other Assets | 269 | 337 | 465 | 557 | 577 | 653 | 1,216 | 1,146 |
Total Assets | 355 | 436 | 570 | 695 | 753 | 1,052 | 1,985 | 1,994 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
Cash from Operating Activity | 20 | -10 | -37 | -12 | 102 | 74 | -106 |
Cash from Investing Activity | -8 | -21 | -33 | -19 | -87 | -229 | -504 |
Cash from Financing Activity | -11 | 31 | 70 | 30 | -15 | 156 | 610 |
Net Cash Flow | 0 | 0 | 0 | -0 | 0 | 1 | -0 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 44 | 51 | 41 | 38 | 44 | 51 |
Inventory Days | 35 | 45 | 65 | 55 | 45 | 51 | 68 |
Days Payable | 0 | 1 | 6 | 4 | 3 | 12 | 31 |
Cash Conversion Cycle | 74 | 88 | 111 | 92 | 81 | 83 | 87 |
Working Capital Days | 18 | 27 | 42 | 35 | 40 | 32 | 44 |
ROCE % | – | 17% | 17% | 18% | 16% | 14% | 15% |
Direct from BSE filings, auto-summarised
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