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Bharat Wire Ropes share price

Bharat Wire Ropes Ltd.

NSE: BHARATWIRE BSE: 539799 SECTOR: Metal - Non Ferrous  48k   64   7

219.30
+0.20 (0.09%)
BSE: 22 Nov 04:00 PM

Price Summary

Today's High

₹ 223.05

Today's Low

₹ 217.1

52 Week High

₹ 401.9

52 Week Low

₹ 210.25

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
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

1501.08 Cr.

Enterprise Value

1624.99 Cr.

No. of Shares

6.84 Cr.

P/E

17.64

P/B

2.14

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  102.31

CASH

8.32 Cr.

DEBT

132.23 Cr.

Promoter Holding

40.93 %

EPS (TTM)

₹  12.43

Sales Growth

5.56%

ROE

15.83 %

ROCE

18.72%

Profit Growth

54.76 %

* 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.
* 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 Year5.56%
3 Year35.46%
5 Year20.91%

Profit Growth

1 Year54.76%
3 Year97.8%
5 Year33%

ROE%

1 Year15.83%
3 Year10.41%
5 Year-13.7%

ROCE %

1 Year18.72%
3 Year13.58%
5 Year8.69%

Debt/Equity

0.2012

Price to Cash Flow

17.61

Interest Cover Ratio

9.7166

CFO/PAT (5 Yr. Avg.)

1.04558463639894

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 40.93 49.31
Jun 2024 40.98 49.31
Mar 2024 40.76 49.81
Dec 2023 39.83 44.62
Sep 2023 39.83 44.62
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 97.801141656649% for the Past 3 years.
  • The company has shown a good revenue growth of 35.4594610648797% for the Past 3 years.
  • Company has a healthy Interest coverage ratio of 9.7166.
  • Company’s PEG ratio is 0.324107563453094.
  • Company has a healthy liquidity position with current ratio of 7.5531.
  • The company has a good cash flow management; CFO/PAT stands at 1.04558463639894.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 4.05086643552203.

 Limitations

  • Promoter pledging is high as 49.31%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 159.09 157.2 147.16 133.47 152.19
Total Expenditure 117.46 113.31 109.78 100.87 118.5
Operating Profit 41.63 43.89 37.37 32.6 33.7
Other Income 0.27 0.17 0.22 0.28 0.18
Interest 3.64 3.43 3.64 3.2 2.9
Depreciation 5.33 5.27 5.32 5.34 5.45
Exceptional Items 0 0 0 0 0
Profit Before Tax 32.93 35.37 28.63 24.33 25.53
Tax 8.49 8.99 6.83 6.28 6.67
Profit After Tax 24.45 26.37 21.8 18.05 18.86
Adjusted EPS (Rs) 3.6 3.88 3.2 2.64 2.75

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

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 257.71 250.17 410.68 589.06 621.84
Total Expenditure 228.75 217.73 348.5 450.25 457.82
Operating Profit 28.96 32.44 62.18 138.82 164.01
Other Income 0.53 0.67 0.58 0.67 0.82
Interest 89.69 34.23 23.39 22.2 14.79
Depreciation 21.8 21.69 21.44 20.66 21.16
Exceptional Items 0 0 0 0 0
Profit Before Tax -82 -22.8 17.93 96.63 128.89
Tax -21.04 -6.02 4.26 34.38 32.54
Net Profit -60.96 -16.79 13.67 62.25 96.34
Adjusted EPS (Rs.) -13.56 -2.68 2.14 9.17 14.16

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 44.95 62.57 63.83 67.9 68.04
Total Reserves -5.9 372.59 387.88 492.27 592.75
Borrowings 278.51 214.35 206.51 142.66 104.77
Other N/C liabilities -41.44 -47.04 -42.27 -7.73 25.78
Current liabilities 429.79 91.67 109.8 71.86 44.06
Total Liabilities 705.91 694.13 725.75 766.96 835.4
Assets
Net Block 538.63 512.68 491.5 481.19 475.26
Capital WIP 0.37 0.37 0.12 3.06 12.32
Intangible WIP 0.17 0.25 0.29 0.43 0.49
Investments 0 0 0 2.41 2.41
Loans & Advances 10.58 10.58 18.36 5.6 12.16
Other N/C Assets 2.17 2.17 0 0 0
Current Assets 153.99 168.08 215.47 274.27 332.77
Total Assets 705.91 694.13 725.75 766.96 835.4
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations -82 -22.8 17.93 96.63 128.89
Adjustment 111.85 56.17 45.28 43.73 36.98
Changes in Assets & Liabilities 121.05 -277.56 -39.38 -56.76 -80.64
Tax Paid 0 0 -0.17 -0.37 0
Operating Cash Flow 150.9 -244.19 23.65 83.23 85.22
Investing Cash Flow -0.25 -1.35 -0.41 -13.47 -25
Financing Cash Flow -151.65 247.44 -25.39 -64.24 -60.64
Net Cash Flow -0.99 1.91 -2.15 5.52 -0.41

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 39.83 39.83 40.76 40.98 40.93
gyansankar investment & t... - - - - 31.72
gyanshankar e-trading llp... - - 0.50 0.74 0.74
manan murarilal mittal 2.35 2.35 2.35 2.34 2.34
mayank murarilal mittal 2.50 2.50 2.50 2.52 2.52
murarilal mittal - 1.86 1.91 1.94 1.94
usha murarilal mittal 1.69 1.69 1.69 1.68 1.68
gyansankar investment & t... - - 31.82 31.76 -
gyan sankar investment & ... - 31.43 - - -
gyanshankar investment & ... 31.43 - - - -
murari lal mittal 1.86 - - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 60.17 60.17 59.24 59.02 59.07
alpana s dangi 7.68 7.68 7.67 7.64 7.63
authum investment and inf... 14.15 13.95 14.70 15.32 15.37
bank of baroda 2.70 2.63 2.62 2.61 2.60
suresh bhatia huf - 1.49 1.48 1.24 1.17
meghal bakulesh shah 1.18 1.07 - - -
suresh bhatia 1.28 - - - -

Ratings & Research Reports

Company Presentations

Company News

Bharat Wire Ropes - Quaterly Results 28 Oct, 5:52 PM Bharat Wire Ropes - Quaterly Results 28 Oct, 5:52 PM Bharat Wire Ropes informs about newspaper advertisement 2 Aug, 5:32 PM Bharat Wire Ropes - Quaterly Results 1 Aug, 4:19 PM Bharat Wire Ropes - Quaterly Results 1 Aug, 4:19 PM Bharat Wire Ropes - Quaterly Results 1 Aug, 4:19 PM Bharat Wire Ropes informs about disclosure 20 Jul, 11:12 AM Bharat Wire Ropes to sell 26.72% stake held in Mitcon Solar Alliance 29 Jun, 3:54 PM Bharat Wire Ropes submits analyst meet intimation 2 May, 2:06 PM Bharat Wire Ropes informs about outcome of board meeting 30 Apr, 5:46 PM Bharat Wire Ropes informs about audited financial results 30 Apr, 5:37 PM Bharat Wire Ropes - Quaterly Results 30 Apr, 2:56 PM Bharat Wire Ropes - Quaterly Results 30 Apr, 2:56 PM Bharat Wire Ropes - Quaterly Results 30 Apr, 2:56 PM Bharat Wire Ropes informs about investor presentation 4 Mar, 5:02 PM Bharat Wire Ropes - Quaterly Results 22 Jan, 1:41 PM Bharat Wire Ropes - Quaterly Results 22 Jan, 1:41 PM Bharat Wire Ropes - Quaterly Results 22 Jan, 1:41 PM Bharat Wire Ropes informs about investor meeting 18 Dec, 3:32 PM Bharat Wire Ropes informs about analyst meet 29 Nov, 5:23 PM Bharat Wire Ropes - Quaterly Results 25 Oct, 1:43 PM Bharat Wire Ropes - Quaterly Results 25 Oct, 1:43 PM Bharat Wire Ropes - Quaterly Results 25 Oct, 1:43 PM Bharat Wire Ropes informs about earnings conference call 25 Oct, 11:30 AM Bharat Wire Ropes submits analyst meet intimation 1 Sep, 4:31 PM Bharat Wire Ropes informs about newspaper publication 28 Jul, 1:36 PM Bharat Wire Ropes - Quaterly Results 26 Jul, 12:27 PM Bharat Wire Ropes - Quaterly Results 26 Jul, 12:27 PM Bharat Wire Ropes - Quaterly Results 26 Jul, 12:27 PM Bharat Wire Ropes informs about credit rating 10 Jul, 3:37 PM Bharat Wire Ropes informs about credit rating 22 Jun, 2:45 PM Bharat Wire Ropes informs about virtual investor meet 15 Jun, 2:27 PM Bharat Wire Ropes informs about newspaper publication 27 Apr, 5:05 PM Bharat Wire Ropes - Quaterly Results 25 Apr, 1:09 PM Bharat Wire Ropes - Quaterly Results 25 Apr, 1:09 PM Bharat Wire Ropes - Quaterly Results 25 Apr, 1:09 PM Bharat Wire Ropes informs about analyst meet 15 Mar, 1:30 PM Bharat Wire Ropes - Quaterly Results 24 Jan, 1:50 PM Bharat Wire Ropes - Quaterly Results 24 Jan, 1:50 PM Bharat Wire Ropes - Quaterly Results 24 Jan, 1:50 PM Bharat Wire Ropes informs about compliances-certificate 16 Jan, 5:23 PM Bharat Wire Ropes invests Rs 2.41 crore in MITCON Solar Alliance 9 Jan, 9:21 AM Bharat Wire Ropes informs about investor presentation 22 Nov, 5:06 PM Bharat Wire Ropes informs about disclosure 3 Nov, 3:08 PM Bharat Wire Ropes informs about analyst meet 28 Oct, 5:17 PM Bharat Wire Ropes - Quaterly Results 20 Oct, 4:23 PM Bharat Wire Ropes - Quaterly Results 20 Oct, 4:23 PM Bharat Wire Ropes - Quaterly Results 20 Oct, 4:23 PM Bharat Wire Ropes informs about investor presentation 5 Aug, 4:11 PM Bharat Wire Ropes submits financial results 2 Aug, 3:03 PM

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. 

Bharat Wire Ropes stock price today is Rs 219.55. 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 17.662486022059 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bharat Wire Ropes is Rs 219.55. 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 12.025 % 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 7.5531 .

  • 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 15.8279 % .(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 0.2012 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bharat Wire Ropes has reported revenue growth of 5.5632 % which is poor 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 26.375890850841 %.

  • 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 12.4303 . 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. 

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Brief about Bharat Wire Ropes
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