Bharat Wire Ropes
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Bharat Wire Ropes share price

Bharat Wire Ropes Ltd.

NSE: BHARATWIRE BSE: 539799 SECTOR: Metal - Non Ferrous  37k   54   6

271.45
-0.30 (-0.11%)
BSE: 17 May 04:01 PM

Price Summary

Today's High

₹ 272.95

Today's Low

₹ 261.05

52 Week High

₹ 401.9

52 Week Low

₹ 152.7

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 1847 Cr.

Enterprise Value

₹ 2019.96 Cr.

No. of Shares

6.8 Cr.

P/E

19.17

P/B

2.8

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  97.12

CASH

₹ 8.73 Cr.

DEBT

₹ 181.69 Cr.

Promoter Holding

40.76 %

EPS (TTM)

₹  14.16

Sales Growth

43.44%

ROE

12.31 %

ROCE

16.25%

Profit Growth

355.54 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year43.44%
3 Year31.73%
5 Year29%

Profit Growth

1 Year355.54%
3 Year44.56%
5 Year201.69%

ROE%

1 Year12.31%
3 Year2.74%
5 Year-24.38%

ROCE %

1 Year16.25%
3 Year7.88%
5 Year4.91%

Debt/Equity

0.3244

Price to Cash Flow

22.19

Interest Cover Ratio

5.35293190203118

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 40.76 49.81
Dec 2023 39.83 44.62
Sep 2023 39.83 44.62
Jun 2023 39.86 44.62
Mar 2023 39.89 44.62
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 44.5643076043399% for the Past 3 years.
  • The company has shown a good revenue growth of 31.7265617867132% for the Past 3 years.
  • The company has significantly decreased its debt by 87.159 Cr.
  • Company’s PEG ratio is 0.0584045977487682.
  • The company has an efficient Cash Conversion Cycle of 68.9869378942902 days.
  • Company has a healthy liquidity position with current ratio of 3.81506165863896.

 Limitations

  • Company has a poor ROE of 2.74026007546974% over the past 3 years.
  • Promoter pledging has increased from 44.6204352797551% to 49.81% in 1 quarter.
  • Promoter pledging is high as 49.81%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 162.33 158.39 159.09 157.2 147.16
Total Expenditure 116.64 117.27 117.46 113.31 109.78
Operating Profit 45.69 41.12 41.63 43.89 37.37
Other Income 0.16 0.16 0.27 0.17 0.22
Interest 6.15 4.08 3.64 3.43 3.64
Depreciation 5.21 5.25 5.33 5.27 5.32
Exceptional Items 0 0 0 0 0
Profit Before Tax 34.48 31.96 32.93 35.37 28.63
Tax 18.52 8.24 8.49 8.99 6.83
Profit After Tax 15.96 23.72 24.45 26.37 21.8
Adjusted EPS (Rs) 2.35 3.49 3.6 3.88 3.2

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 240.64 257.71 250.17 410.68 589.06
Total Expenditure 221.96 228.75 217.73 348.5 450.25
Operating Profit 18.68 28.96 32.44 62.18 138.82
Other Income 1.3 0.53 0.67 0.58 0.67
Interest 73.01 89.69 34.23 23.39 22.2
Depreciation 21.03 21.8 21.69 21.44 20.66
Exceptional Items 0 0 0 0 0
Profit Before Tax -74.06 -82 -22.8 17.93 96.63
Tax -29.5 -21.04 -6.02 4.26 34.38
Net Profit -44.56 -60.96 -16.79 13.67 62.25
Adjusted EPS (Rs.) -9.91 -13.56 -2.68 2.14 9.17

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 44.95 44.95 62.57 63.83 67.9
Total Reserves 54.76 -5.9 372.59 387.88 492.27
Borrowings 357.82 278.51 214.35 206.51 142.66
Other N/C liabilities -20.39 -41.44 -47.04 -42.27 -7.73
Current liabilities 304.41 429.79 91.67 109.8 71.86
Total Liabilities 741.55 705.91 694.13 725.75 766.96
Assets
Net Block 560.39 538.63 512.68 491.5 481.19
Capital WIP 0.37 0.37 0.37 0.12 3.06
Intangible WIP 0.23 0.17 0.25 0.29 0.43
Investments 0 0 0 0 2.41
Loans & Advances 10.62 10.58 10.58 18.36 5.74
Other N/C Assets 0.73 2.17 2.17 0 0
Current Assets 169.21 153.99 168.08 215.47 274.13
Total Assets 741.55 705.91 694.13 725.75 766.96
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -74.06 -82 -22.8 17.93 96.63
Adjustment 94.67 111.85 56.17 45.28 43.73
Changes in Assets & Liabilities 62.17 121.05 -277.56 -39.38 -56.76
Tax Paid 0 0 0 -0.17 -0.37
Operating Cash Flow 82.77 150.9 -244.19 23.65 83.23
Investing Cash Flow -14.34 -0.25 -1.35 -0.41 -13.47
Financing Cash Flow -89.7 -151.65 247.44 -25.39 -64.24
Net Cash Flow -21.26 -0.99 1.91 -2.15 5.52

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 39.89 39.86 39.83 39.83 40.76
gyansankar investment & t... - - - - 31.82
gyanshankar e-trading llp... - - - - 0.50
manan murarilal mittal 2.36 2.35 2.35 2.35 2.35
mayank murarilal mittal 2.50 2.50 2.50 2.50 2.50
murarilal mittal - - - 1.86 1.91
usha murarilal mittal 1.69 1.69 1.69 1.69 1.69
gyan sankar investment & ... - - - 31.43 -
gyanshankar investment & ... - - 31.43 - -
murari lal mittal 1.86 1.86 1.86 - -
gyanshankar investments &... - 31.45 - - -
gyanshankar investment & ... 31.48 - - - -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 60.11 60.14 60.17 60.17 59.24
alpana s dangi 7.69 7.68 7.68 7.68 7.67
authum investment and inf... 14.28 14.23 14.15 13.95 14.70
bank of baroda 3.46 3.02 2.70 2.63 2.62
suresh bhatia huf - - - 1.49 1.48
meghal bakulesh shah 1.62 1.47 1.18 1.07 -
suresh bhatia 1.07 1.06 1.28 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Bharat Wire Ropes submits analyst meet intimation2 May 2024, 2:06PM Bharat Wire Ropes informs about outcome of board meeting30 Apr 2024, 5:46PM Bharat Wire Ropes informs about audited financial results30 Apr 2024, 5:37PM Bharat Wire Ropes - Quaterly Results30 Apr 2024, 2:56PM Bharat Wire Ropes - Quaterly Results30 Apr 2024, 2:56PM Bharat Wire Ropes - Quaterly Results30 Apr 2024, 2:56PM Bharat Wire Ropes informs about investor presentation4 Mar 2024, 5:02PM Bharat Wire Ropes - Quaterly Results22 Jan 2024, 1:41PM Bharat Wire Ropes - Quaterly Results22 Jan 2024, 1:41PM Bharat Wire Ropes - Quaterly Results22 Jan 2024, 1:41PM Bharat Wire Ropes informs about investor meeting 18 Dec 2023, 3:32PM Bharat Wire Ropes informs about analyst meet29 Nov 2023, 5:23PM Bharat Wire Ropes - Quaterly Results25 Oct 2023, 1:43PM Bharat Wire Ropes - Quaterly Results25 Oct 2023, 1:43PM Bharat Wire Ropes - Quaterly Results25 Oct 2023, 1:43PM Bharat Wire Ropes informs about earnings conference call25 Oct 2023, 11:30AM Bharat Wire Ropes submits analyst meet intimation1 Sep 2023, 4:31PM Bharat Wire Ropes informs about newspaper publication28 Jul 2023, 1:36PM Bharat Wire Ropes - Quaterly Results26 Jul 2023, 12:27PM Bharat Wire Ropes - Quaterly Results26 Jul 2023, 12:27PM Bharat Wire Ropes - Quaterly Results26 Jul 2023, 12:27PM Bharat Wire Ropes informs about credit rating10 Jul 2023, 3:37PM Bharat Wire Ropes informs about credit rating22 Jun 2023, 2:45PM Bharat Wire Ropes informs about virtual investor meet15 Jun 2023, 2:27PM Bharat Wire Ropes informs about newspaper publication27 Apr 2023, 5:05PM Bharat Wire Ropes - Quaterly Results25 Apr 2023, 1:09PM Bharat Wire Ropes - Quaterly Results25 Apr 2023, 1:09PM Bharat Wire Ropes - Quaterly Results25 Apr 2023, 1:09PM Bharat Wire Ropes informs about analyst meet15 Mar 2023, 1:30PM Bharat Wire Ropes - Quaterly Results24 Jan 2023, 1:50PM Bharat Wire Ropes - Quaterly Results24 Jan 2023, 1:50PM Bharat Wire Ropes - Quaterly Results24 Jan 2023, 1:50PM Bharat Wire Ropes informs about compliances-certificate16 Jan 2023, 5:23PM Bharat Wire Ropes invests Rs 2.41 crore in MITCON Solar Alliance 9 Jan 2023, 9:21AM Bharat Wire Ropes informs about investor presentation 22 Nov 2022, 5:06PM Bharat Wire Ropes informs about disclosure3 Nov 2022, 3:08PM Bharat Wire Ropes informs about analyst meet 28 Oct 2022, 5:17PM Bharat Wire Ropes - Quaterly Results20 Oct 2022, 4:23PM Bharat Wire Ropes - Quaterly Results20 Oct 2022, 4:23PM Bharat Wire Ropes - Quaterly Results20 Oct 2022, 4:23PM Bharat Wire Ropes informs about investor presentation5 Aug 2022, 4:11PM Bharat Wire Ropes submits financial results 2 Aug 2022, 3:03PM Bharat Wire Ropes submits financial results2 Aug 2022, 2:43PM Bharat Wire Ropes - Quaterly Results2 Aug 2022, 12:58PM Bharat Wire Ropes - Quaterly Results2 Aug 2022, 12:58PM Bharat Wire Ropes - Quaterly Results2 Aug 2022, 12:58PM Bharat Wire Ropes - Quaterly Results19 May 2022, 3:45PM Bharat Wire Ropes - Quaterly Results19 May 2022, 3:45PM Bharat Wire Ropes - Quaterly Results19 May 2022, 3:45PM Bharat Wire Ropes informs about credit rating25 Apr 2022, 4:47PM

Bharat Wire Ropes Stock Price Analysis and Quick Research Report. Is Bharat Wire Ropes an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Bharat Wire Ropes . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bharat Wire Ropes has a PE ratio of 19.1572910707601 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bharat Wire Ropes is Rs 271.25. One can use valuation calculators of ticker to know if Bharat Wire Ropes share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bharat Wire Ropes has ROA of 8.34079798818424 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bharat Wire Ropes has a Current ratio of 3.81506165863896 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bharat Wire Ropes has a ROE of 12.3145203948933 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bharat Wire Ropes has a Debt to Equity ratio of 0.3244 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bharat Wire Ropes has reported revenue growth of 43.4367230854268 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bharat Wire Ropes for the current financial year is 23.5656367002255 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bharat Wire Ropes is Rs 0 and the yield is 0 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Bharat Wire Ropes is Rs 14.1591 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Bharat Wire Ropes in Ticker for free. Also, one can get the intrinsic value of Bharat Wire Ropes by using Valuation Calculators, which are available with a Finology ONE subscription. 

Last Updated on:
Brief about Bharat Wire Ropes

Bharat Wire Ropes Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Bharat Wire Ropes Ltd. is a renowned Indian company that specializes in manufacturing high-quality wire ropes. With a legacy spanning several decades, the company has become a trusted name in the industry for its commitment to excellence and innovation. Bharat Wire Ropes has established itself as a leader in providing customized solutions for various sectors, including oil and gas, construction, mining, and infrastructure development.

Bharat Wire Ropes Ltd.: Share Price

The share price of Bharat Wire Ropes Ltd. reflects the market valuation of the company's stock. As a long-term investor, understanding the movements and trends in the share price can provide valuable insights into the company's performance and growth prospects. Our website offers an easy-to-use share price tool that allows investors to track the historical performance of Bharat Wire Ropes Ltd.'s stock and analyze market trends.

Bharat Wire Ropes Ltd.: Balance Sheet

The balance sheet of Bharat Wire Ropes Ltd. offers a comprehensive overview of the company's financial position. It highlights the company's assets, liabilities, and shareholders' equity. By examining the balance sheet, investors can gain insights into the company's liquidity, solvency, and overall financial health. Our website provides access to the company's annual reports, which include detailed balance sheets for analysis.

Bharat Wire Ropes Ltd.: Annual Report

The annual report of Bharat Wire Ropes Ltd. is a valuable resource for investors seeking in-depth information about the company's performance, strategy, and future outlook. Our website offers downloadable copies of the annual reports, allowing investors to dig deeper into the company's operations, financial statements, and corporate governance practices. By studying the annual report, investors can make informed decisions about their investments in Bharat Wire Ropes Ltd.'s stock.

Bharat Wire Ropes Ltd.: Dividend

Dividends play a significant role in the investment decision-making process for long-term investors. Bharat Wire Ropes Ltd. has a track record of consistently rewarding its shareholders through dividend payments. The company's dividend policy reflects its commitment to sharing its profits with investors. Our pre-built screening tools can help investors identify stocks with a history of dividend payments, including Bharat Wire Ropes Ltd.

Bharat Wire Ropes Ltd.: Quarterly Result

Staying updated with the quarterly results of Bharat Wire Ropes Ltd. is essential for investors seeking to gauge the company's performance and growth trajectory. Our website provides access to the company's quarterly reports, allowing investors to analyze key financial metrics and track the progress of the company over time. Utilizing our premium features, such as the DuPont analysis and earnings multiple approach, investors can gain deeper insights into the company's profitability and financial efficiency.

Bharat Wire Ropes Ltd.: Stock Price

The stock price of Bharat Wire Ropes Ltd. can fluctuate based on various factors, including market conditions, industry trends, and company-specific news. Monitoring the stock price dynamics is crucial for long-term investors as it allows them to make informed decisions about buying or selling shares. Our website offers real-time stock price information and interactive price charts, enabling investors to track and analyze the movements in Bharat Wire Ropes Ltd.'s stock price.

Bharat Wire Ropes Ltd.: Price Chart

Analyzing stock price trends through price charts can provide valuable insights and help investors identify patterns and potential opportunities. Our website offers interactive price charts for Bharat Wire Ropes Ltd., allowing investors to visualize the historical performance of the stock and apply technical analysis techniques. By studying the price chart, investors can make informed decisions about entering or exiting positions in Bharat Wire Ropes Ltd.'s stock.

Bharat Wire Ropes Ltd.: News

Staying updated with the latest news and developments related to Bharat Wire Ropes Ltd. is crucial for investors. Our website provides a dedicated news section where investors can access the most recent market news, company updates, and relevant industry information. By staying informed, investors can assess the potential impact of news events on Bharat Wire Ropes Ltd.'s stock and make informed decisions.

Bharat Wire Ropes Ltd.: Concall Transcripts

Concall transcripts provide a detailed account of the discussions and key insights shared during the company's conference calls with analysts and investors. Our website offers downloadable concall transcripts of Bharat Wire Ropes Ltd., allowing investors to gain a deeper understanding of the company's strategy, performance, and future prospects as discussed by management. Analyzing these transcripts can help investors make well-informed investment decisions.

Bharat Wire Ropes Ltd.: Investor Presentations

Investor presentations are valuable resources for understanding a company's business model, growth strategy, and financial performance. Our website provides access to downloadable investor presentations of Bharat Wire Ropes Ltd., allowing investors to gain insights into the company's operations, competitive advantages, and market positioning. By analyzing these presentations, investors can make informed decisions about investing in Bharat Wire Ropes Ltd.'s stock.

Bharat Wire Ropes Ltd.: Promoters

The promoters of Bharat Wire Ropes Ltd. play a significant role in shaping the company's growth trajectory and strategic direction. Our website provides information about the promoters and their contribution to the company's success. Understanding the background and track record of the promoters can help investors assess the company's long-term stability and growth potential.

Bharat Wire Ropes Ltd.: Shareholders

Knowing the shareholder base of a company like Bharat Wire Ropes Ltd. can provide insights into its ownership structure and investor sentiment. Our website offers information about the company's major shareholders and institutional investors. By analyzing the shareholder composition, investors can assess the confidence of institutional investors and identify potential trends in ownership patterns.

Investors looking to analyze and evaluate Bharat Wire Ropes Ltd.'s stock can utilize our pre-built screening tools and premium features. Our website offers features such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, enabling investors to calculate fair value and assess the company's financial performance. These tools provide a comprehensive framework for stock analysis and aid in making informed investment decisions.

Note: Please note that this content is purely informative and should not be considered as financial advice. Investors are encouraged to conduct their own research and consult with financial professionals before making any investment decisions.

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