Bharat Wire Ropes (BHARATWIRE)₹149.37−0.45%Iron & Steel Products
In the Jun 2026 quarter (standalone), Bharat Wire Ropes reported sales of ₹130 Cr, down 8.3% from Jun 2025, and net profit of ₹11.99 Cr, down 24.9% year on year. For the year to Mar 2026, sales were ₹591 Cr and net profit ₹71.93 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 159 | 157 | 147 | 133 | 152 | 162 | 172 | 142 | 165 | 143 | 141 | 130 |
| Expenses | 117 | 113 | 110 | 101 | 118 | 133 | 135 | 112 | 126 | 110 | 112 | 105 |
| Operating Profit | 41.99 | 43.94 | 36.97 | 32.98 | 33.94 | 28.97 | 36.97 | 29.95 | 37.95 | 32.97 | 29.97 | 25.99 |
| OPM % | 26.0% | 28.0% | 25.0% | 24.0% | 22.0% | 18.0% | 22.1% | 21.0% | 23.0% | 23.1% | 21.1% | 20.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 3.99 | 2.99 | 3.99 | 2.99 | 2.99 | 4.01 | 4.01 | 4.01 | 2.99 | 1.99 | 1.99 | 2.99 |
| Depreciation | 4.98 | 4.99 | 4.98 | 4.98 | 4.99 | 5.98 | 5.98 | 5.98 | 5.98 | 5.98 | 5.98 | 6.98 |
| Profit before tax | 33.01 | 35.03 | 29.01 | 24.01 | 25.99 | 20.01 | 28.03 | 20.99 | 30.04 | 24.01 | 22.02 | 17.01 |
| Tax % | 26.0% | 25.0% | 24.0% | 26.0% | 26.1% | 26.0% | 26.1% | 25.0% | 26.0% | 25.0% | 25.1% | 26.0% |
| Net Profit | 23.98 | 25.97 | 21.98 | 17.99 | 18.98 | 14.97 | 20.98 | 15.97 | 21.97 | 17.98 | 15.99 | 11.99 |
| EPS (Rs) | 3.61 | 3.89 | 3.21 | 2.65 | 2.77 | 2.18 | 3.02 | 2.27 | 3.24 | 2.65 | 2.41 | 1.79 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 60.99 | 64.96 | 165 | 240 | 258 | 250 | 411 | 589 | 623 | 619 | 591 | 579 |
| Expenses | 52.11 | 59.19 | 147 | 223 | 230 | 219 | 349 | 451 | 460 | 488 | 462 | 454 |
| Operating Profit | 7.99 | 5.99 | 17.97 | 18.99 | 28.96 | 32.95 | 61.93 | 139 | 164 | 132 | 131 | 127 |
| OPM % | 14.0% | 9.0% | 11.0% | 8.0% | 11.0% | 13.1% | 15.0% | 24.0% | 26.0% | 21.1% | 22.1% | 21.9% |
| Other Income | 0.00 | 3.01 | 20.05 | 1.01 | 0.00 | 0.00 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 0.00 |
| Interest | 4.01 | 3.01 | 25.01 | 72.98 | 89.03 | 34.02 | 22.99 | 22.01 | 14.99 | 13.01 | 10.99 | 9.96 |
| Depreciation | 1.99 | 3.99 | 11.97 | 20.93 | 21.93 | 21.92 | 20.92 | 20.93 | 20.92 | 21.93 | 23.92 | 24.92 |
| Profit before tax | 1.99 | 3.01 | 0.00 | −74.02 | −81.98 | −23.02 | 18.02 | 97.12 | 129 | 98.10 | 97.07 | 93.08 |
| Tax % | 40.0% | 16.0% | 20.0% | −40.0% | −26.0% | −26.0% | 24.0% | 36.0% | 25.0% | 26.1% | 25.1% | — |
| Exceptional items | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.99 | 1.99 | 0.00 | −44.92 | −60.96 | −16.98 | 13.99 | 61.96 | 95.91 | 71.93 | 71.93 | 67.93 |
| EPS (Rs) | 0.29 | 0.55 | 0.07 | −9.92 | −13.57 | −2.69 | 2.15 | 9.18 | 14.18 | 10.59 | 10.58 | 10.09 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29.07 | 45.00 | 45.02 | 45.17 | 45.19 | 45.19 | 63.20 | 64.24 | 68.24 | 68.26 | 68.18 | 69.01 |
| Reserves | 41.16 | 93.31 | 96.40 | 98.44 | 55.25 | −5.98 | −9.97 | 5.02 | 110 | 211 | 286 | 745 |
| Borrowings | 42.06 | 196 | 371 | 527 | 612 | 677 | 659 | 654 | 566 | 517 | 515 | 74.91 |
| Other Liabilities | 39.19 | 83.40 | 87.42 | 68.33 | 57.27 | 39.19 | 37.17 | 53.26 | 39.18 | 42.21 | 88.43 | 105 |
| Total Liabilities | 152 | 417 | 600 | 739 | 770 | 755 | 749 | 777 | 784 | 838 | 959 | 993 |
| Fixed Assets | 66.29 | 65.26 | 341 | 568 | 562 | 541 | 514 | 494 | 483 | 477 | 486 | 537 |
| CWIP | 10.96 | 158 | 142 | 1.99 | 0.99 | 0.99 | 0.99 | 0.00 | 2.99 | 12.95 | 46.80 | 3.98 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 1.99 | 0.00 | 0.00 |
| Other Assets | 75.23 | 194 | 117 | 170 | 207 | 214 | 234 | 283 | 295 | 346 | 426 | 453 |
| Inventories | 38.92 | 33.94 | 43.93 | 72.85 | 88.78 | 77.85 | 64.91 | 79.85 | 110 | 98.72 | 123 | 117 |
| Trade receivables | 13.96 | 16.95 | 16.96 | 22.94 | 35.91 | 28.91 | 35.89 | 39.88 | 47.91 | 78.81 | 86.81 | 96.71 |
| Cash & equivalents | 1.99 | 71.88 | 1.99 | 25.97 | 3.99 | 2.99 | 4.99 | 2.99 | 8.99 | 7.99 | 8.98 | 17.98 |
| Total Assets | 152 | 417 | 600 | 739 | 770 | 755 | 749 | 777 | 784 | 838 | 959 | 993 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −6.02 | 36.15 | 17.06 | 32.10 | 83.25 | 152 | −245 | 24.08 | 83.36 | 85.36 | 74.30 | 98.34 |
| Cash from investing activity | −5.01 | −193 | −259 | −97.93 | −13.99 | 0.00 | −0.99 | 0.00 | −13.01 | −24.98 | −62.01 | −30.99 |
| Cash from financing activity | 11.03 | 228 | 172 | 90.20 | −90.19 | −153 | 248 | −25.09 | −64.20 | −61.16 | −11.03 | −66.22 |
| Net cash flow | 0.00 | 69.93 | −68.87 | 22.96 | −20.96 | −0.99 | 1.99 | −1.99 | 5.99 | 0.00 | 0.99 | 0.00 |
| Capex | 0.99 | 1.99 | 279 | 238 | 13.94 | 0.00 | 0.99 | 0.99 | 9.96 | 15.94 | 29.89 | 73.68 |
| Free cash flow | −10.99 | −113 | −242 | −66.91 | 67.99 | 151 | −246 | 22.97 | 69.94 | 59.93 | 9.99 | 65.94 |
| CFO / OP % | −69.1% | 448.0% | 279.0% | 181.0% | 443.0% | 521.0% | −748.0% | 38.0% | 60.0% | 52.0% | 56.0% | 79.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 66 | 101 | 94 | 50 | 54 | 41 | 52 | 34 | 29 | 45 | 50 | 59 |
| Inventory days | 274 | 325 | 334 | 243 | 213 | 174 | 148 | 113 | 122 | 110 | 131 | 140 |
| Days payable | 97 | 86 | 150 | 124 | 76 | 24 | 25 | 44 | 20 | 7 | 18 | 12 |
| Cash conversion cycle | 244 | 340 | 279 | 169 | 191 | 190 | 175 | 103 | 131 | 149 | 163 | 187 |
| Working capital days | 66 | −88 | 80 | −37 | −213 | −397 | 103 | 90 | 119 | 164 | 184 | 218 |
| ROCE % | 6.0% | 3.0% | 1.0% | 4.0% | 0.0% | 1.0% | 2.0% | 6.0% | 15.9% | 19.0% | 12.9% | 11.9% |
For the Jun 2026 quarter, Bharat Wire Ropes reported sales of ₹130 Cr, down 8.3% year on year and net profit of ₹11.99 Cr, down 24.9% year on year. The operating margin was 20.0%.
Bharat Wire Ropes' sales for the year to Mar 2026 were ₹591 Cr; over the last twelve months they were ₹579 Cr.
Net profit for the year to Mar 2026 was ₹71.93 Cr, and ₹67.93 Cr over the last twelve months. Earnings per share over the same trailing period were ₹10.09.
Bharat Wire Ropes reported borrowings of ₹74.91 Cr at Mar 2026, against cash and equivalents of ₹17.98 Cr.
Cash from operations was ₹98.34 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹65.94 Cr.