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Bansal Wire Industries Ltd (BANSALWIRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544209 NSE: BANSALWIRE Steel & Iron Products | Small Cap | Bansal Wire Inds. Share Price

₹294.25 -7.50 (-2.49%)

As on 10-Jun'26 16:59

Bansal Wire Industries Ltd (BANSALWIRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544209 NSE: BANSALWIRE Steel & Iron Products | Small Cap | Bansal Wire Inds. Share Price

₹294.25 -7.50 (-2.49%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹4,724 Cr.
Current Price
₹294.3
52-Week Low / High
₹224 / 432
TTM EPS
₹8.3
TTM Sales
₹4,011 Cr.
Book Value per Share
₹83.9
P/E Ratio
36.41
Lower than its 5-year historical median
Industry PE
25
Price to Book (P/B)
3.60
Lower than its 5-year historical median
Price to Sales (P/S)
1.18
Lower than its 5-year historical median
EV/EBITDA
19.92
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
16.28%
Outperforms industry median
Return on Capital Employed (ROCE)
15.06%
Outperforms industry median
Return on Assets (ROA)
8.18%
Operating Profit Margin
6.4%
Net Profit Margin
3.91%
Gross Profit Margin
5.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
40.22%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
65.58%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
82.93%
Asset Quality
Promoter Holding
77.99%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹1,235 Cr.
Equity
₹78.3 Cr.
Face Value
₹5
All Time Low / High
₹224.00 / 502.20

Bansal Wire Industries stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Semi Strong
Q.1 Is Bansal Wire Industries Ltd a good quality company?
Bansal Wire Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Bansal Wire Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bansal Wire Industries Ltd vs industry peers?
Bansal Wire Industries Ltd revenue CAGR is 17.96%, compared to the industry median CAGR of 7.56%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Bansal Wire Industries Ltd?
Promoters hold 77.99% of the Bansal Wire Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bansal Wire Industries Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -13.78% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bansal Wire Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12%11.9%12.7%15.7%16.7%16.9%18.1%15.8%14.7%15.1%-
Value Creation
Index
-0.2-0.2-0.10.10.20.20.30.10.10.1-

Growth Parameters

Sales 6216789781,3701,4031,4772,1982,4132,2843,2034,011
Sales YoY Gr.-9.2%44.3%40%2.4%5.3%48.8%9.8%-5.3%40.2%-
Adj EPS 1.21.41.934.79.24.24.257.88.3
YoY Gr.-12.2%34.1%61.6%56.2%97.6%-54.7%0.7%18.8%55%-
BVPS (₹) 11.713.11519.624.538.517.522.227.875.683.9
Adj Net
Profit
6.67.49.916.125.138.453.353.663.7121130
Cash Flow from Ops. 15.3-2.9-13.519.7-9.8-37.3-11.510373.7-106-
Debt/CF from Ops. 9.7-58.4-15.410.7-26.8-9.7-35.84.18.2-5.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20%18%13.4%40.2%
Adj EPS 22.7%10.7%22.9%55%
BVPS23%25.2%62.9%172.1%
Share Price - - - -23.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
11.111.113.217.321.126.327.921.22015.810.4
Op. Profit
Mgn %
4.74.93.93.54.55.54.84.45.56.46
Net Profit
Mgn %
1.11.111.21.82.62.42.22.83.83.2
Debt to
Equity
2.42.42.6222.31.91.51.70.50.1
Working Cap
Days
7885706069100868710010748
Cash Conv.
Cycle
6672625462857374766520

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales6216789781,3701,4031,4772,1982,4132,2843,203
Operating Expenses + 5926459391,3221,3391,3952,0922,3082,1602,997
Manufacturing Costs768193113169232258239231273
Material Costs4985418001,1061,1051,1031,7611,9811,8352,578
Employee Cost 10153038434047605894
Other Costs 781765222027283553
Operating Profit 293339486482106105125206
Operating Profit Margin (%) 4.7%4.8%3.9%3.5%4.5%5.5%4.8%4.4%5.5%6.4%
Other Income + 101433710413
Exceptional Items 0002-000030
Interest 14151820222127242530
Depreciation 666678891018
Profit Before Tax 101216273856788297172
Tax 3469111621222847
Profit After Tax 7710182640576068125
PAT Margin (%) 1.1%1.1%1.0%1.3%1.9%2.7%2.6%2.5%3.0%3.9%
Adjusted EPS (₹)1.31.41.93.44.99.74.54.75.48.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Bansal Wire Inds. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 6370801061321602232833541,183
Share Capital 444443996478
Reserves 5967771021281572142732901,105
Debt +144167199205261346398409578534
Long Term Debt4754584164111123197289122
Short Term Debt97113141164196235275212289412
Minority Interest0000000000
Trade Payables6110417211358222
Others Liabilities 42424659405461638445
Total Liabilities 2552803273704365777037661,0741,985

Fixed Assets

Net Fixed Assets +8483838699106116116142507
Gross Block106110115125145113131140168551
Accumulated Depreciation2227323945816252744
CWIP 100000038202163
Investments 00000023235599
Inventories506692107135197265244255479
Trade Receivables97103131146171207249252273445
Cash Equivalents 1000010145
Others Assets 2228213130675093143286
Total Assets 2552803273704365777037661,0741,985

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 15-3-1320-10-37-1210374-106
PBT 101216273856788297172
Adjustment 20222426292635333245
Changes in Working Capital -13-33-48-26-65-109-10719-28-279
Tax Paid -2-4-5-8-11-11-17-31-27-44
Cash Flow From Investing Activity + -11-4-6-10-21-33-19-87-229-504
Capex -10-4-5-9-20-16-19-46-198-344
Net Investments 000006-23-0-1-2
Others -0-0-0-0-0-2323-41-30-158
Cash Flow From Financing Activity + -5719-10317030-15156610
Net Proceeds from Shares 000700600705
Net Proceeds from Borrowing -774-17239251992-167
Interest Paid -14-15-18-20-22-21-27-24-25-29
Dividend Paid 0000000000
Others 1615332029-10089100
Net Cash Flow -0-0-0000-001-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.2411.1513.2619.6722.3127.7429.9223.7121.516.28
ROCE (%)11.9711.9312.6615.7416.7316.8718.0815.7514.6815.06
Asset Turnover Ratio32.933.774.584.042.923.443.282.492.1
PAT to CFO Conversion(x)2.14-0.43-1.31.11-0.38-0.93-0.211.721.09-0.85
Working Capital Days
Receivable Days42.6046.7037.4031.7035.5046.7037.8037.9041.8040.70
Inventory Days25.402725.1022.7027.2041.1038.4038.5039.7041.60
Payable Days2.302.500.600.300.703.503.903.107.1019.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Bansal Wire Industries Ltd FAQs

The current trading price of Bansal Wire Inds. on 10-Jun-2026 16:59 is ₹294.2.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Bansal Wire Inds. stood at ₹4,724.1 Cr

The latest P/E ratio of Bansal Wire Inds. as of 09-Jun-2026 is 36.41.

The latest P/B ratio of Bansal Wire Inds. as of 09-Jun-2026 is 3.60.

The 52-week high of Bansal Wire Inds. is ₹431.9 and the 52-week low is ₹224.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bansal Wire Inds. is ₹4,011 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bansal Wire Industries Ltd is a average quality company.

The key valuation ratios of Bansal Wire Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Bansal Wire Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Bansal Wire Industries Ltd

Bansal Wire Industries (BWIL) stands as a leading player in India’s steel wire manufacturing sector, building on a rich legacy that began with its group as a wire-trading house in 1938. The Company itself was incorporated in 1985 and has since consistently delivered quality products, establishing a distinct identity in the industry. BWIL holds a significant market position, recognised as the largest stainless steel wire manufacturer by volume and the second-largest overall steel wire manufacturer by volume in India. This strong standing is supported by a comprehensively diversified product portfolio, encompassing over thousands of stock-keeping units (SKUs) of different types of steel wire products. These range from high-carbon steel wire, low-carbon steel wire (mild steel wire), and stainless-steel wire, to specialised offerings like cable armouring wires and strips, galvanised wires, profile/ shaped wires, and aluminium alloy wires. 

BWIL’s product mix and plant capabilities enable flexible production line adjustments in response to evolving industry demands. The company along with its subsidiary operates from existing manufacturing facilities, and has also established a new, state-of-the-art single-location manufacturing facility in India. The company’s manufacturing facilities are certified to ISO 9001:2015, ISO 14001:2015, IATF:16949:2016, and IS 6528:1995, reflecting its commitment to quality and operational excellence. BWIL’s products cater to a wide array of critical sectors, including automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement. 

The company was originally incorporated as a private limited company under the name of “Bansal Wire Industries Private Limited” on December 11, 1985, under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the RoC. Thereafter, the company was converted into a public limited company pursuant to a resolution passed by its Board at its meeting held on September 5, 1995 and a special resolution passed by its Shareholders at their annual general meeting held on September 29, 1995, and the name of the company was changed to “Bansal Wire Industries Limited”, and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued by the RoC on November 13, 1995.

Business area of the company

BWIL is principally engaged in the business of manufacturing and sale of wires of multiple varieties including mild steel, stainless steel, high carbon etc., of various categories, shapes and sizes used in the Automobile, Infrastructure, Fastener, Kitchen-ware and other industries.

Products

  • Stainless Steel Wires
  • Mild Steel Wires (Low Carbon Steel Wires)
  • High Carbon Steel Wires
  • Profile / Shaped Wires
  • Aluminium Alloy
  • Galvanized Wires
  • Cable Armouring Wires & Strips

Milestones

  • 1938: Started journey as a steel wire trading house
  • 1985: Incorporation of Company as Bansal Wire Industries Private Limited
  • 1986: Recorded production of 102 tonnes in first month of incorporation
  • 1991: Commenced cable wire manufacturing
  • 1995: Commenced production of stainless-steel wires
  • 2003: Commenced manufacturing of galvanized wire
  • 2007: Commenced production of high carbon wires
  • 2015: Launched new products such as spring wires and auto cables of automotive industry
  • 2018: Became the largest producer of stainless-steel wire products
  • 2022: Recorded export sales of over Rs 3,850 million
  • 2022: Commenced infrastructure of Dadri plant
  • 2023: Acquisition of Bansal Steel & Power Limited
  • 2024: Fund raised through IPO
  • 2024: Dadri facility commenced operations in January
  • 2024: Initiated pilot project of speciality wires in December
  • 2025: Acquisition of land to support production capabilities
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