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 74.7
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 21.2 %
- Face Value ₹ 5.00
Pros
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
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
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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| 5 Years: | % |
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| TTM: | 25% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 21% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 9 | 9 | 64 |
| Reserves | 214 | 273 | 359 |
| 413 | 422 | 681 | |
| 59 | 44 | 160 | |
| Total Liabilities | 695 | 749 | 1,264 |
| 116 | 116 | 229 | |
| CWIP | 0 | 38 | 212 |
| Investments | 23 | 23 | 1 |
| 557 | 573 | 822 | |
| Total Assets | 695 | 749 | 1,264 |
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
- Closure of Trading Window 1d
- Board Meeting Intimation for Considering And Approving Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30, 2024. 1d
-
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