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Bharat Wire Ropes Ltd

(BHARATWIRE)

₹246.80.86%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Bharat Wire Ropes Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

Bharat Wire Ropes Ltd revenue growth forecast

Expected growth rate Q1, FY2024:8.94%

Forecast

Actual

Source: S&P Global Market Intelligence

Bharat Wire Ropes Ltd Performance

  • Day's Low

    Day's High

    ₹244.35
    ₹254.5
  • 52 Week's Low

    52 Week's High

    ₹223.65
    ₹400.6
1 Month Return-4.19 %
3 Month Return+ 1.41 %
1 Year Return-1.31 %
Previous Close₹248.95
Open₹251.75
Volume1.51L
Upper Circuit-
Lower Circuit-
Market Cap₹1,704.03Cr

Bharat Wire Ropes Ltd Key Statistics

P/E Ratio17.57
PEG Ratio2.34
Market Cap₹1,704.03 Cr
P/B Ratio6.74
EPS14.14
Dividend Yield0
SectorSteel
ROE39.61

Bharat Wire Ropes Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹1,704.03 Cr130.65%0.59₹96 Cr₹621 Cr
BUY₹2,587.96 Cr4.52%0.50₹41 Cr₹317 Cr
NA₹356.82 Cr98.06%0.66NANA
BUY₹4,053.84 Cr17.06%0.51₹113 Cr₹2,040 Cr
NA₹3,506.84 Cr18.89%0.55NANA

About Bharat Wire Ropes Ltd

Bhart Wire Ropes Limited is India's largest manufacturer of Wire Ropes, Stranded Wires, and Slings, with exports to over 30 countries including the USA, Singapore, Australia, South Africa, Kuwait, New Zealand, Vietnam, Bangladesh, and Nepal. It caters to a diverse mix of clients, ranging from Overseas Consumers, Private Players, Indian Defence Segment, and Government/Semi-Government Organizations. Moreover, the company has a Pyrolysis plant for production of oil which is used as fuel for their manufacturing process. The company has more than 500 large and medium size customers and is ISO 9001:2008 certified as well as has approved products from RDSO CORE DGMS PGCIL IRS etc. Bharat Wire Ropes issued 15,555,555 Equity Shares of Rs. 10/- each, with a premium of Rs. 35/- to be publicly listed on NSE and BSE in 2016. The company's Chalisgaon Maharashtra factory has an installed capacity of 66000 MTPA which will be increased further. Moreover, Bharat Wire Ropes has signed a 5 year understanding with Bridon Bekaert Ropes Group Limited promising exchange of expertise and knowledge for quantum increase in their respective business.

Share Price: ₹246.80 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹1,704.03Cr as of today
Revenue: ₹147.16Cr as on March 2024 (Q1 24)
Net Profit: ₹21.68Cr as on March 2024 (Q1 24)
Listing date: 01 Apr, 2016
Chairperson Name: Sanjiv Swarup
OrganisationBharat Wire Ropes Ltd
HeadquartersMumbai
IndustrySteel
E-voting on sharesClick here to vote

Key events for Bharat Wire Ropes Ltd

  • Bharat Wire Ropes Ltd Shows Strong ROCE and Reinvestment Opportunities - 05 Jun, 2024

    Bharat Wire Ropes Ltd has an impressive ROCE of 18%, higher than the industry average, and is reinvesting in its business with plenty of opportunities for generating higher returns. The company's fundamental improvements have led to growth in ROCE, rather than accounting tricks.

Insights on Bharat Wire Ropes Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, BHARATWIRE has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 2.05% to 2.15% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 40.76% to 40.98% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 45.56% to 53.33% in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Jindal Steel & Power Ltd has given 50.7% return, outperforming this stock by 52.0%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, BHARATWIRE stock has moved down by -6.0%

Bharat Wire Ropes Ltd Financials

Value in ₹ crore
DetailsQ'1 23Q'2 23Q'3 23Q'4 23Q'1 24
Revenue₹162.33Cr (-)₹158.39Cr (↓2.43%)₹159.09Cr (↑0.44%)₹157.20Cr (↓1.19%)₹147.16Cr (↓6.39%)
Net Income₹15.94Cr (-)₹23.76Cr (↑49.06%)₹24.41Cr (↑2.74%)₹26.35Cr (↑7.95%)₹21.68Cr (↓17.72%)
Net Profit Margin9.82% (-)15.00% (↑52.75%)15.34% (↑2.27%)16.76% (↑9.26%)14.73% (↓12.11%)
Value in ₹ crore
Details2021202220232024
Total Assets₹797.01Cr (-)₹828.92Cr (↑4.00%)₹838.21Cr (↑1.12%)₹876.82Cr (↑4.61%)
Total Liabilities₹361.85Cr (-)₹377.21Cr (↑4.24%)₹278.04Cr (↓26.29%)₹216.03Cr (↓22.30%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹150.90Cr (-)-₹244.19Cr (↓261.82%)₹23.65Cr (↓109.69%)₹83.23Cr (↑251.92%)₹85.22Cr (↑2.39%)

Index Inclusions

S&P BSE Indus.

₹15,363.82

-1.65 (-257.73%)

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Bharat Wire Ropes Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
40.98%
0.54
Foreign Institutions
2.15%
4.53
Mutual Funds
0%
0.00
Retail Investors
53.33%
17.05
Others
3.54%
-69.55

Bharat Wire Ropes Ltd Key Indicators

Details202220232024
Return On Equity %12.6333.4339.61
Details20232024
Return On Assets %7.4210.97
Details20232024
Book Value Per Share (₹)26.1440.85
Details20232024
Earning Per Share (₹)9.1714.14

Bharat Wire Ropes Ltd Valuation

Bharat Wire Ropes Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

June 28, 2023

Today (17.57x)

October 18, 2024

Industry (25.87x)

October 18, 2024

Highest (29.42x)

January 15, 2024

LowHigh

Bharat Wire Ropes Ltd Earnings and Dividends

  • Bharat Wire Ropes Ltd Earnings Results

    Bharat Wire Ropes Ltd’s net profit jumped 36.01% since last year same period to ₹21.68Cr in the Q4 2023-2024. On a quarterly growth basis, Bharat Wire Ropes Ltd has generated -17.72% fall in its net profits since last 3-months.

    Read More about Earnings Results

Bharat Wire Ropes Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Bharat Wire Ropes Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Bharat Wire Ropes Ltd

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Bharat Wire Ropes Ltd (BHARATWIRE) share price today is ₹246.8

Bharat Wire Ropes Ltd is listed on NSE

Bharat Wire Ropes Ltd is listed on BSE

  • Today’s highest price of Bharat Wire Ropes Ltd is ₹254.5.
  • Today’s lowest price of Bharat Wire Ropes Ltd is ₹244.35.

PE Ratio of Bharat Wire Ropes Ltd is 17.57

PE ratio = Bharat Wire Ropes Ltd Market price per share / Bharat Wire Ropes Ltd Earnings per share

Today’s traded volume of Bharat Wire Ropes Ltd(BHARATWIRE) is 1.51L.

Today’s market capitalisation of Bharat Wire Ropes Ltd(BHARATWIRE) is ₹1704.03Cr.

Bharat Wire Ropes Ltd(BHARATWIREPrice
52 Week High
₹400.6
52 Week Low
₹223.65

Bharat Wire Ropes Ltd(BHARATWIRE) share price is ₹246.8. It is down -38.39% from its 52 Week High price of ₹400.6

Bharat Wire Ropes Ltd(BHARATWIRE) share price is ₹246.8. It is up 10.35% from its 52 Week Low price of ₹223.65

Bharat Wire Ropes Ltd(BHARATWIREReturns
1 Day Returns
-2.15%
1 Month Returns
-4.19%
3 Month Returns
1.41%
1 Year Returns
-1.31%