Bansal Wire Industries Ltd
Incorporated in December 1985, Bansal Wire Industries Limited is a stainless steel wire manufacturing company.[1]
- Market Cap ₹ 6,472 Cr.
- Current Price ₹ 413
- High / Low ₹ 469 / 325
- Stock P/E 86.4
- Book Value ₹ 76.1
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 21.2 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 2,197 | 2,412 | 2,466 | |
| 2,091 | 2,307 | 2,321 | |
| Operating Profit | 106 | 105 | 144 |
| OPM % | 5% | 4% | 6% |
| 7 | 10 | 8 | |
| Interest | 27 | 24 | 29 |
| Depreciation | 8 | 9 | 13 |
| Profit before tax | 78 | 82 | 110 |
| Tax % | 27% | 27% | 28% |
| 57 | 60 | 79 | |
| EPS in Rs | 62.93 | 65.83 | 6.05 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
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| TTM: | 2% |
| Compounded Profit Growth | |
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| TTM: | 25% |
| Stock Price CAGR | |
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| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 9 | 9 | 64 | 78 |
| Reserves | 214 | 273 | 359 | 1,112 |
| 413 | 422 | 681 | 251 | |
| 59 | 44 | 160 | 193 | |
| Total Liabilities | 695 | 749 | 1,264 | 1,634 |
| 116 | 116 | 229 | 285 | |
| CWIP | 0 | 38 | 212 | 308 |
| Investments | 23 | 23 | 1 | 1 |
| 557 | 573 | 822 | 1,040 | |
| Total Assets | 695 | 749 | 1,264 | 1,634 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| -12 | 103 | -537 | |
| -19 | -87 | -496 | |
| 30 | -15 | 1,035 | |
| Net Cash Flow | -0 | 0 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 41 | 38 | 53 |
| Inventory Days | 55 | 45 | 58 |
| Days Payable | 4 | 2 | 11 |
| Cash Conversion Cycle | 92 | 81 | 100 |
| Working Capital Days | 83 | 74 | 98 |
| ROCE % | 16% | 15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
15 Nov - Bansal Wire Industries Limited has informed to the exchange regarding the transcript of audio call recording of Company''s Analyst/Investors call held on November 12, 2024 …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Nov - Audio recording of analysts/investors call for Q2 results.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 Nov - Newspaper clipping of un-audited financial results of the Company for the quarter and half year ended September 30, 2024 published as on November 12, 2024 …
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Announcement under Regulation 30 (LODR)-Investor Presentation
11 Nov - Reg. 30 of SEBI (LODR) Regulations, 2015 please find attached Investor Presentation for the quarter and half year ended September 30, 2024
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Statement Of Deviation(S) Or Variation(S) Of Funds Under Regulation 32 Of The SEBI (LODR) Regulations, 2015, For The Quarter Ended September 30, 2024
11 Nov - No deviation in fund usage from IPO proceeds.
Concalls
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT REC
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