As of 6 Nov 2026, Bansal Wire Industries trades at 49.9× trailing earnings, above the industry P/E of 19.9×, and the shares are 83% below their 52-week high. It earns ROCE of 16% and ROE of 11%, and sales and net profit grew 20% and 39% a year over 3 years. Debt is 0.22× equity. It is a small-cap company with a market cap of ₹4,878 Cr, ranked 29th of 150 Steel companies by market cap; the shares fell 79% over the past year.
- ₹63.26
- ₹64.60
- ₹61.47
- ₹63.26
- 8.2 L
Health check
- ReturnsBehind
−79.5% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 49.9 vs industry 19.9.
- GrowthStrong
Sales +19.8%, profit +39.0% a year over 3 years.
- ProfitabilityAverage
ROCE 16.0% vs peer median 18.7%.
- Balance sheetFair
Debt 0.22× equity, interest covered 4.9×, Piotroski 7 of 9.
- Red flags3 to check
P/E of 49.9 against an industry P/E of 19.9.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹4,878 Cr
- Small cap
- P/E
- 49.9
- Industry 19.9
- Price to book
- 3.22
- Peers 2.28
- Dividend yield
- 0.00%
- ROE
- 11.0%
- Peers 23.4%
- ROCE
- 16.0%
- Peers 18.7%
- Debt to equity
- 0.22
- Debt ₹335 Cr
- EPS (TTM)
- ₹1.25
- Face value ₹1
- OPM (TTM)
- 6.9%
- Net margin 3.4%
- Sales growth
- +23.9%
- Latest quarter vs a year ago
- Profit growth
- +38.0%
- Latest quarter vs a year ago
- Price to sales
- 1.05
- EV/EBITDA 17.7
Strengths and risks
Strengths
- Quarterly profit up 38.0% on a year ago.
- Quarterly sales up 23.9% on a year ago.
Risks to check
- P/E of 49.9 against an industry P/E of 19.9.
- 83% below its 52-week high.
- Promoter stake down from 78.0% to 75.0%.
About Bansal Wire Industries
Bansal Wire Industries Limited manufactures and sells steel wires worldwide. The company offers cold heading, spring, welding, rope, fine, scrubber, and heat resisting wires, as well as wires for kitchen ware and utensils; low carbon steel wires, such as cable armouring, electro galvanized, and bright wires; and carbon steel wires, including spring steel wires and automotive control cables. It also provides shaped / profile wires, which includes circlips…
- Headquarters
- Delhi
- Employees
- 3,099
- Sector
- Basic Materials
- ISIN
- INE0B9K01033
- Website
- bansalwire.com
Price range
- Avg volume (3M)
- 3.9 L
- 1-year return
- minus 79.5%
- From 52-week high
- minus 83.2%
Peers · Steel
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| JSWSTEELJSW Steel | 1,357.10 | plus 0.11% | 3,31,265 | 11.7 | 12.2 | 18.7% | 17.7% | 0.62 | 3.6% | plus 14.7% |
| TATASTEELTata Steel | 186.30 | plus 2.36% | 2,32,397 | 21.1 | 9.1 | 11.3% | 15.2% | 0.89 | −1.6% | plus 1.5% |
| JINDALSTELJindal Steel | 1,165.00 | plus 1.31% | 1,18,594 | 41.5 | 14.9 | 7.5% | 15.9% | 0.42 | −13.1% | plus 6.4% |
| LLOYDSMELloyds Metals And Energy | 1,785.50 | minus 1.38% | 1,00,482 | 19.1 | 18.8 | 19.4% | 37.4% | 1.23 | 71.3% | plus 37.4% |
| SAILSteel Authority of India | 171.60 | minus 0.41% | 70,880 | 12.6 | 8.1 | 7.2% | 12.9% | 0.50 | 2.0% | plus 24.7% |
| NMDCNMDC | 70.40 | minus 0.01% | 61,894 | 8.3 | 6.2 | 28.4% | 30.0% | 0.19 | 22.0% | minus 5.2% |
| APLAPOLLOAPL Apollo Tubes | 2,185.30 | minus 0.41% | 60,677 | 46.3 | 32.7 | 28.0% | 8.2% | 0.17 | 12.6% | plus 23.3% |
| BANSALWIREBansal Wire Industries | 62.32 | minus 1.49% | 4,878 | 49.9 | 17.4 | 16.0% | 6.9% | 0.22 | 19.8% | minus 79.5% |
| Median of 7 peers | – | −0.01% | 1,00,482 | 19.1 | 12.2 | 18.7% | 15.9% | 0.50 | 3.6% | 14.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|
| 939 | – | 1,029 | 1,136 | 1,168 | 1,308 | |
| – | – | 944 | 1,060 | 1,112 | 1,204 | |
| – | 76.8 | 85.1 | 76.4 | 56.4 | 105 | |
| – | – | 8.3% | 6.7% | 4.8% | 8.0% | |
| – | – | 1.9 | 4 | 0.3 | 0.4 | |
| – | 15.7 | 14.6 | 14 | 15.5 | 17.7 | |
| – | 14.9 | 14.9 | 15 | 15.2 | 15.5 | |
| – | – | −1.5 | −1.4 | – | −0 | |
| 50 | – | 55.9 | 50 | 26 | 71.8 | |
| – | – | 22.6% | 19.8% | 21.4% | 26.3% | |
| – | 38.3 | 43.3 | 40.1 | 20.5 | 52.9 | |
| – | 0.10 | 0.55 | 0.51 | 0.26 | 0.14 |
Profit & loss
- Sales CAGR 3Y
- +19.8%
- Profit CAGR 3Y
- +39.0%
- EPS CAGR 3Y
- +39.0%
- ROE
- 11.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,394 | 2,449 | 3,478 | 4,121 | |
| – | +2.3% | +42.0% | +18.5% | |
| 2,289 | 2,304 | 3,212 | 3,809 | |
| 105 | 145 | 266 | 312 | |
| 4.4% | 5.9% | 7.7% | 7.6% | |
| 7.4 | 1.7 | 3.9 | 9.8 | |
| 21.9 | 26.1 | 30.7 | 52.9 | |
| 9.1 | 13.5 | 30 | 57.2 | |
| −0.2 | 2.9 | 0.5 | −4.4 | |
| 81.6 | 110 | 210 | 207 | |
| 26.5% | 31.7% | 30.4% | 22.2% | |
| 59.9 | 73.6 | 145 | 161 | |
| – | +22.8% | +96.4% | +11.3% | |
| 0.77 | 0.94 | 1.95 | 2.06 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.1 | 63.7 | 78.3 | 78.3 | |
| 273 | 359 | 1,191 | 1,352 | |
| 415 | 681 | 608 | 555 | |
| 51.3 | 160 | 291 | 532 | |
| 749 | 1,264 | 2,168 | 2,517 | |
| 153 | 481 | 891 | 1,050 | |
| 37.9 | 251 | 198 | 222 | |
| – | 0 | 0.1 | 7.9 | |
| 23.2 | 4.4 | 5.9 | 2.1 | |
| 535 | 527 | 1,072 | 1,234 | |
| 749 | 1,264 | 2,168 | 2,517 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 103 | −541 | −153 | 333 | |
| −87.2 | −496 | −444 | −223 | |
| −15 | 1,038 | 597 | −110 | |
| 0.3 | 1.8 | −0.1 | 0.4 | |
| −46.5 | −471 | −463 | −233 | |
| 56 | −1,011 | −616 | 101 |
Shareholding pattern
- Promoters75.00%
- Public25.00%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 75.00% | 25.00% | 0.00 | |
| 30 Jun 2026 | 75.00% | 25.00% | minus 2.99 | |
| 31 Mar 2026 | 77.99% | 22.01% | 0.00 | |
| 31 Dec 2025 | 77.99% | 22.01% | 0.00 | |
| 30 Sep 2025 | 77.99% | 22.01% | – |
Major shareholders
Filings & events
News
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