Bansal Wire Industries Ltd
Incorporated in December 1985, Bansal Wire Industries Limited is a stainless steel wire manufacturing company.[1]
- Market Cap ₹ 5,594 Cr.
- Current Price ₹ 357
- High / Low ₹ 372 / 325
- Stock P/E 93.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 15.8 %
- ROE 23.7 %
- Face Value ₹ 5.00
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.7%
Cons
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 1,372 | 1,403 | 1,477 | 2,197 | 2,412 | |
| 1,322 | 1,339 | 1,395 | 2,091 | 2,307 | |
| Operating Profit | 51 | 64 | 82 | 106 | 105 |
| OPM % | 4% | 5% | 6% | 5% | 4% |
| 3 | 2 | 3 | 7 | 10 | |
| Interest | 20 | 22 | 21 | 27 | 24 |
| Depreciation | 6 | 7 | 8 | 8 | 9 |
| Profit before tax | 27 | 38 | 56 | 78 | 82 |
| Tax % | 33% | 30% | 28% | 27% | 27% |
| 18 | 26 | 40 | 57 | 60 | |
| EPS in Rs | 47.61 | 68.91 | 136.24 | 62.93 | 65.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 31% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 27% |
| Last Year: | 24% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 3 | 9 | 9 |
| Reserves | 102 | 128 | 157 | 214 | 273 |
| 211 | 263 | 362 | 413 | 422 | |
| 38 | 41 | 48 | 59 | 44 | |
| Total Liabilities | 355 | 436 | 570 | 695 | 749 |
| 86 | 99 | 106 | 116 | 116 | |
| CWIP | 0 | 0 | 0 | 0 | 38 |
| Investments | 0 | 0 | 0 | 23 | 23 |
| 269 | 337 | 465 | 557 | 573 | |
| Total Assets | 355 | 436 | 570 | 695 | 749 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 20 | -10 | -37 | -12 | 103 | |
| -8 | -21 | -33 | -19 | -87 | |
| -11 | 31 | 70 | 30 | -15 | |
| Net Cash Flow | 0 | 0 | 0 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 39 | 44 | 51 | 41 | 38 |
| Inventory Days | 35 | 45 | 65 | 55 | 45 |
| Days Payable | 0 | 1 | 6 | 4 | 2 |
| Cash Conversion Cycle | 74 | 88 | 111 | 92 | 81 |
| Working Capital Days | 61 | 78 | 104 | 83 | 74 |
| ROCE % | 17% | 17% | 18% | 16% |
Documents
Announcements
- Closure of Trading Window 2d
- Board Meeting Intimation for Considering And Approving Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2024. 2d
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
20 Jul - Certificate received from Kfin Technologies Limited, RTA of the Company confirming compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 for the quarter …
- Closure of Trading Window 12 Jul
- Listing of Equity Shares of Bansal Wire Industries Ltd 10 Jul
Market Leadership[1] Bansal Wire Industries is the largest stainless-steel wire manufacturer and the second-largest steel wire manufacturer by volume in India. As of March 31, 2023, Co. holds 20% market share in stainless steel and 4% in stainless-steel wire