Bharat Wire Ropes share price, P/E, ROE & financials

Bharat Wire Ropes (BHARATWIRE) had a P/E of 16.5× on 6 Nov 2026, below the industry P/E of 19.9×, and the shares are 43% below their 52-week high. Sales fell 0.7% a year over 3 years while net profit grew 5.2%, with ROCE of 11% and ROE of 8.0%. It carries very little debt. It is a small-cap company with a market cap of ₹1,024 Cr, ranked 58th of 150 Steel companies by market cap; the shares fell 27% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹151.00
Day high: ₹151.29
Day low: ₹147.65
Prev. close: ₹151.28
Volume: 99.7K

Health check

2 good · 4 to check

ReturnsBehind
−27.3% over a year, better than 0 of 7 peers.
Price tagCheaper
P/E 16.5 vs industry 19.9.
GrowthSlow
Sales −0.7%, profit +5.2% a year over 3 years.
ProfitabilityWeak
ROCE 11.4% vs peer median 18.7%.
Balance sheetSolid
Debt 0.08× equity, interest covered 12.5×, Piotroski 6 of 9.
Red flags4 to check
Return on equity is low at 8.0%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Steel

149 listed peers. Screen the industry

Small cap

₹1,024 Cr, #58 of 150 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹596 Cr · profit ₹64 Cr

Market cap: ₹1,024 Cr; Small cap
P/E: 16.5; Industry 19.9
Price to book: 1.21; Peers 2.28
Dividend yield: 0.00%
ROE: 8.0%; Peers 23.4%
ROCE: 11.4%; Peers 18.7%
Debt to equity: 0.08; Debt ₹70 Cr
EPS (TTM): ₹9.01; Face value ₹10
OPM (TTM): 21.8%; Net margin 10.8%
Sales growth: −8.0%; Latest quarter vs a year ago
Profit growth: −21.6%; Latest quarter vs a year ago
Price to sales: 1.72; EV/EBITDA 8.9

Strengths

Practically debt-free.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 8.0%.
Quarterly profit down 21.6% on a year ago.
Quarterly sales down 8.0% on a year ago.
43% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Bharat Wire Ropes

Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes; slings, including mechanically spliced slings, hand spliced slings, mechanically spliced, and socketed slings; galvanized steel wire strands, such as earth wires, stay wires, and structural strands; and galvanized and ungalvanized steel wires. The company's products are used in elevators, cranes, general purpose, structural, fishing, oil and gas, shipping,…

Headquarters: Mumbai
Employees: 568
Sector: Basic Materials
ISIN: INE316L01019
Website: bharatwireropes.com

Price range

52 weeks

₹140.50₹262.00

Today

₹147.65₹151.29

Avg volume (3M): 2 L
1-year return: minus 27.3%
From 52-week high: minus 43.2%

Peers · Steel

Capital-heavy industry columns

Compare with peers Screen the whole industry

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%
BHARATWIREBharat Wire Ropes	148.83	minus 1.62%	1,024	16.5	8.4	11.4%	21.8%	0.08	−0.7%	minus 27.3%
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

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
142	165	143	141	130
112	126	110	112	105
30.1	38.4	32.6	29.6	25.5
21.2%	23.4%	22.8%	20.9%	19.6%
0.2	0.2	0.2	0.5	0.3
3.8	2.8	2.4	2.1	2.8
5.8	5.9	6	6.1	6.6
20.7	29.9	24.4	21.9	16.5
24.6%	26.0%	25.2%	25.0%	26.0%
15.6	22.1	18.2	16.5	12.2
1.80	3.23	2.66	1.74	1.38

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −0.7%
Profit CAGR 3Y: +5.2%
EPS CAGR 3Y: −7.5%
ROE: 8.0%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
550	622	565	539
–	+13.0%	minus 9.2%	minus 4.5%
412	458	432	408
139	164	132	131
25.2%	26.4%	23.5%	24.3%
−2	−0.2	0.1	−1.8
19.6	13.8	12.8	8.4
20.7	21.2	22.1	23.8
–	0.1	0.1	0.1
96.6	129	97.8	97
35.6%	25.3%	26.0%	25.3%
62.2	96.3	72.4	72.5
–	+54.8%	minus 24.9%	+0.1%
9.68	14.17	8.10	7.66

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
451	451	68.4	451
−273	−173	285	−23.1
182	132	131	74.9
422	425	476	487
781	835	961	990
488	498	536	546
6.7	22.5	46.9	11.9
2.1	4.2	4.1	2.5
0	0.1	10.7	0.1
285	311	363	430
781	835	961	990

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
83.2	85.2	73	97.7
−13.5	−25	−61.9	−31.3
−64.2	−60.6	−11.1	−66.4
5.5	−0.4	0	−0
−13.5	−25	−64.6	−74.1
69.7	60.2	8.5	23.5
–	–	−0	−0

Shareholding pattern

Source: NSE filings

NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 19.1% (Yahoo estimate).

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you