Bharat Wire Ropes Ltd. (IN:BHARATWIRE)
:BHARATWIRE
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BHARATWIRE Stock Chart & Stats
₹188.00
-₹3.18(-1.49%)
At close: 4:00 PM EST
₹188.00
-₹3.18(-1.49%)
Day’s Range― - ―
52-Week Range₹149.15 - ₹262.20
Previous CloseN/A
Volume40.68K
Average Volume (3M)98.00K
Market Cap
₹14.99B
Enterprise Value₹15.58B
Total Cash (Recent Filing)₹73.05M
Total Debt (Recent Filing)₹1.02B
Price to Earnings (P/E)17.1
Beta1.68
Next Earnings
Aug 05, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)10.71
Shares Outstanding68,584,650
10 Day Avg. Volume10,823
30 Day Avg. Volume97,995
Financial Highlights & Ratios
PEG Ratio-52.67
Price to Book (P/B)1.33
Price to Sales (P/S)1.83
P/FCF Ratio86.37
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Strengthening Balance SheetThe company materially reduced debt from ~2.74B to ~0.75B while equity grew to ~8.11B, producing low leverage (~0.18–0.20). This conservative capital structure provides durable financial flexibility to withstand cyclicality, support capex or working-capital needs, and reduce refinancing risk.
Consistent Operating Cash GenerationOperating cash flow remained positive across FY2022–FY2026 and improved to ~866M in FY2026, indicating core operations generate recurring cash. Durable OCF supports day-to-day operations, funds working-capital cycles, and underpins the company's ability to service obligations without relying solely on external financing.
Demonstrated ProfitabilityProfitability improved materially versus earlier years, with strong net margins (~15.5% in FY2024 and ~11.7% in FY2025). This reflects the company's ability to earn solid margins in its steel wire-rope niche, suggesting structural earnings power from product mix, specialized manufacturing and industrial end-market positioning.
Bears Say
Top-line ContractionRevenue slippage in FY2025 and a sharper ~7.7% decline in FY2026 indicate weakening demand or market-share pressure. Persistent top-line contraction undermines scale benefits, strains margins and operating leverage, and makes it harder to absorb fixed costs or fund growth initiatives without structural demand recovery.
Sharply Weakened Free Cash FlowFree cash flow dropped materially to ~125M in FY2026 from ~602M in FY2024, with cash conversion also weakening. This reduces internal reinvestment capacity and buffers for adverse cycles, limiting the firm's ability to fund capex, pay dividends, or accelerate deleveraging absent sustained OCF improvement or lower working-capital needs.
Eroding Return On EquityReturns eased from a FY2024 peak (ROE ~14.6%) to ~9.8% in FY2025, signalling that earnings have not scaled with a larger equity base. Persistently lower ROE can indicate weakening capital efficiency, potentially pressuring investor returns and the firm's ability to justify further equity-funded expansion over the medium term.
Bharat Wire Ropes Ltd. News
BHARATWIRE FAQ
What was Bharat Wire Ropes Ltd.’s price range in the past 12 months?
Bharat Wire Ropes Ltd. lowest stock price was ₹149.15 and its highest was ₹262.20 in the past 12 months.
What is Bharat Wire Ropes Ltd.’s market cap?
Bharat Wire Ropes Ltd.’s market cap is ₹14.99B.
When is Bharat Wire Ropes Ltd.’s upcoming earnings report date?
Bharat Wire Ropes Ltd.’s upcoming earnings report date is Aug 05, 2026 which is in 76 days.
How were Bharat Wire Ropes Ltd.’s earnings last quarter?
Bharat Wire Ropes Ltd. released its earnings results on May 16, 2026. The company reported ₹2.4 earnings per share for the quarter, beating the consensus estimate of N/A by ₹2.4.
Is Bharat Wire Ropes Ltd. overvalued?
According to Wall Street analysts Bharat Wire Ropes Ltd.’s price is currently Overvalued.
Does Bharat Wire Ropes Ltd. pay dividends?
Bharat Wire Ropes Ltd. does not currently pay dividends.
What is Bharat Wire Ropes Ltd.’s EPS estimate?
Bharat Wire Ropes Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Bharat Wire Ropes Ltd. have?
Bharat Wire Ropes Ltd. has 68,584,650 shares outstanding.
What happened to Bharat Wire Ropes Ltd.’s price movement after its last earnings report?
Bharat Wire Ropes Ltd. reported an EPS of ₹2.4 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -6.281%.
Which hedge fund is a major shareholder of Bharat Wire Ropes Ltd.?
Currently, no hedge funds are holding shares in IN:BHARATWIRE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Bharat Wire Ropes Ltd.
Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes for use in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore/offshore oil exploration, ports and shipping, mining, defense, construction, and railways and allied industrial applications; mechanically spliced slings, hand spliced slings, and socketed slings; galvanized steel wire strands, such as earth wires, stay wires, and structural strands; and galvanized and non-galvanized steel wires. The company serves international consumers, private clients, and defense segment clients, as well as government and semi-government organizations. It also exports its products to South Africa, Kuwait, New Zealand, Vietnam, the United States, Singapore, Australia, Nepal, and internationally. The company was formerly known as Bharat Ropes Limited and changed its name to Bharat Wire Ropes Limited in July 1996. Bharat Wire Ropes Limited was incorporated in 1986 and is based in Mumbai, India.
Technical Analysis
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