Bharat Wire Ropes Ltd. (BHARATWIRE) AI Stock Analysis

• Market Cap: ₹12.07B
• Dividend Yield: N/A
• Average Volume (3M): 98.00K
• Price to Earnings (P/E): 16.7
• Beta (1Y): 1.82
• Revenue Growth: 8.45%
• EPS Growth: -14.27%
• Country: IN
• Employees: 605
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Steel
• EPS (TTM): 3.23
• Shares Outstanding: 68,584,650
• 10 Day Avg. Volume: 10,823
• 30 Day Avg. Volume: 97,995
• PEG Ratio: -0.71
• Price to Book (P/B): 1.75
• Price to Sales (P/S): 2.08
• P/FCF Ratio: 136.24
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: ₹219.00 ▲(16.49% Upside)

Bharat Wire Ropes Ltd. scores well due to its strong financial performance, characterized by consistent revenue growth and robust cash flow generation. Technical indicators suggest a stable upward trend, while valuation metrics indicate moderate pricing. The absence of dividend yield and earnings call data slightly limit the overall attractiveness.

Positive Factors

Revenue Growth

Consistent revenue growth over five years indicates strong demand for products and effective market penetration, supporting long-term business stability.

Cash Flow Generation

Strong free cash flow generation enhances financial flexibility, allowing the company to invest in growth opportunities and manage debt efficiently.

Profitability Margins

Improved gross profit margins reflect efficient operations and cost control, which are crucial for sustaining profitability and competitive advantage.

Negative Factors

Debt Levels

High debt levels can strain financial resources and limit strategic flexibility, posing risks to long-term financial health if not managed carefully.

Net Profit Margin Volatility

Fluctuating net profit margins indicate potential instability in earnings, which could affect investor confidence and long-term financial planning.

Leverage Concerns

Excessive leverage can increase financial risk, potentially impacting the company's ability to withstand economic downturns and pursue growth initiatives.

Bharat Wire Ropes Ltd. Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Bharat Wire Ropes Ltd. primarily generates revenue through the manufacturing and sale of wire ropes and related products. The company's main revenue streams include direct sales to construction firms, mining companies, and electrical utilities, which require high-quality wire ropes for various applications. Additionally, BHARATWIRE benefits from long-term contracts and partnerships with major players in industries like infrastructure development and shipping, ensuring a steady demand for its products. The company also explores export opportunities, expanding its market reach and enhancing its earnings potential. Factors such as the growing demand for wire ropes in emerging economies, strategic collaborations, and investments in technology for product innovation significantly contribute to its revenue generation.

Bharat Wire Ropes Ltd. Financial Statement Overview

Summary

Bharat Wire Ropes Ltd. demonstrates a strong financial position with consistent revenue growth, improved profitability margins, and robust cash flow generation. The company manages its debt levels well, though maintaining vigilance on leverage is essential for long-term stability.

Income Statement

Bharat Wire Ropes Ltd. shows a strong income statement with consistent revenue growth over the past five years, moving from 2020 to 2025. The revenue growth rate from 2024 to 2025 is steady, though not exceptionally high. The company has improved its gross profit margin significantly, indicating efficient cost management and production processes. However, the net profit margin has seen fluctuations, reflecting some volatility in profitability. EBIT and EBITDA margins have improved over time, signaling robust operational performance.

Balance Sheet

The balance sheet of Bharat Wire Ropes Ltd. appears stable with a healthy debt-to-equity ratio indicating balanced leverage. The company has consistently enhanced its equity base, resulting in a favorable equity ratio. Return on equity has been improving yearly, showcasing efficient use of equity capital. However, the company still holds a considerable amount of debt, which poses potential risks if not managed properly in the long term.

Cash Flow

The cash flow statement reveals strong free cash flow generation, with substantial growth in free cash flow from 2024 to 2025. The operating cash flow to net income ratio indicates effective conversion of earnings into cash, essential for sustaining operations and funding growth. Despite some fluctuations in operating cash flow, the company maintains a positive trend, demonstrating sound financial management.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	6.28B	6.19B	6.22B	5.89B	4.11B	2.49B
Gross Profit	2.53B	2.75B	2.92B	2.60B	550.51M	894.60M
EBITDA	1.30B	1.32B	1.64B	1.38B	627.79M	331.55M
Net Income	699.94M	724.40M	962.00M	622.34M	136.65M	-167.87M
Balance Sheet
Total Assets	0.00	9.56B	8.17B	7.81B	7.74B	7.47B
Cash, Cash Equivalents and Short-Term Investments	93.54M	3.36M	4.38M	94.54M	33.58M	12.48M
Total Debt	0.00	1.31B	1.32B	1.82B	2.69B	2.74B
Total Liabilities	-7.37B	2.19B	1.56B	2.21B	3.22B	3.11B
Stockholders Equity	7.37B	7.37B	6.61B	5.60B	4.52B	4.35B
Cash Flow
Free Cash Flow	0.00	94.67M	602.17M	697.62M	230.12M	-2.46B
Operating Cash Flow	0.00	740.54M	852.25M	832.31M	236.55M	-2.44B
Investing Cash Flow	0.00	-619.26M	-249.99M	-134.69M	-4.12M	-13.45M
Financing Cash Flow	0.00	-110.92M	-606.37M	-642.38M	-253.88M	2.47B

Bharat Wire Ropes Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 188.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BHARATWIRE, the sentiment is Negative. The current price of 188 is above the 20-day moving average (MA) of 180.89, above the 50-day MA of 184.35, and above the 200-day MA of 187.23, indicating a bearish trend. The MACD of 0.33 indicates Negative momentum. The RSI at 49.34 is Neutral, neither overbought nor oversold. The STOCH value of 26.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BHARATWIRE.

Bharat Wire Ropes Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BHARATWIRE	76 Outperform	₹12.07B	16.68	―	―	8.45%	-14.27%
RAJRATAN	66 Neutral	₹24.44B	45.54	―	0.42%	7.76%	-21.05%
HARIOMPIPE	66 Neutral	₹12.40B	20.48	―	0.17%	17.98%	-0.62%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
HITECH	61 Neutral	₹17.28B	21.47	―	0.03%	9.05%	-4.65%
RAMASTEEL	55 Neutral	₹14.36B	71.37	―	―	14.51%	-30.02%
MSPL	51 Neutral	₹19.36B	-23.39	―	―	-3.14%	-466.99%