| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 130 | 142 | −8.0% |
| EBITDA | 25.5 | 30.1 | −15.2% |
| EBITDA margin | 19.6% | 21.3% | −1.7 pts |
| Profit before tax | 16.5 | 20.7 | −20.2% |
| Net profit | 12.2 | 15.6 | −21.6% |
| EPS | ₹1.79 | ₹2.28 | −21.5% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,000 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | ||
| 74.3 | 74.3 | 131 | 132 | 182 | ||
| 1,074 | — | — | — | — | ||
| 579 | 591 | 619 | 622 | 589 | ||
| — | −4.6% | −0.4% | +5.6% | — | ||
| 126 | 131 | 132 | 164 | 139 | ||
| 21.8% | 22.1% | 21.4% | 26.4% | 23.6% | ||
| 102 | 107 | 110 | 143 | 118 | ||
| 69.1 | 72.5 | 72.4 | 96.3 | 62.3 | ||
| 11.9% | 12.3% | 11.7% | 15.5% | 10.6% | ||
| ₹10.07 | ₹10.56 | ₹10.56 | ₹14.05 | ₹9.08 | ||
| — | +0.0% | −24.8% | +54.8% | — | ||
| — | 97.7 | 74.1 | 85.2 | 83.2 | ||
| — | −74.1 | −30.5 | −15.7 | −10.4 | ||
| 23.5 | 23.5 | 43.6 | 69.5 | 72.8 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,000.0 | |
| - Cash, Equiv & ST Investments | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | |
| + Total Debt | 181.7 | 132.2 | 131.0 | 74.3 | 74.3 | |
| Enterprise Value | — | — | — | — | 1,074.2 | |
| Revenue | 589.1 | 621.8 | 619.3 | 590.5 | 579.3 | |
| Growth %, YoY | — | +5.6 | -0.4 | -4.6 | — | |
| EBITDA | 138.8 | 164.0 | 132.4 | 130.8 | 126.2 | |
| Margin % | 23.57 | 26.38 | 21.38 | 22.14 | 21.78 | |
| EBIT | 118.2 | 142.9 | 110.4 | 107.0 | 101.6 | |
| Net Income | 62.3 | 96.3 | 72.4 | 72.5 | 69.1 | |
| Margin % | 10.57 | 15.49 | 11.70 | 12.27 | 11.93 | |
| EPS, Adj (current shares) | 9.08 | 14.05 | 10.56 | 10.56 | 10.07 | |
| Growth %, YoY | — | +54.8 | -24.8 | +0.0 | — | |
| Cash from Operations | 83.2 | 85.2 | 74.1 | 97.7 | — | |
| Capital Expenditures | -10.4 | -15.7 | -30.5 | -74.1 | — | |
| Free Cash Flow | 72.8 | 69.5 | 43.6 | 23.5 | 23.5 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Bharat Wire Ropes (NSE: BHARATWIRE) had a market capitalisation of ₹972 crore at the 30 October 2026 close (₹141.70 a share), a PE ratio of 14.1 on the last four quarters' profit and a price-to-book ratio of 1.20. In FY26 its standalone net profit was ₹72.5 crore on revenue of ₹591 crore; in Q1 FY27 (April–June 2026) it was ₹12.2 crore, down 21.6% year on year. Its debt-to-equity ratio was 0.09 on 31 March 2026. Promoters held 41.15% of the shares on 30 September 2026.
Bharat Wire Ropes' PE ratio is 14.1 at the 30 October 2026 close (₹141.70 a share): a market capitalisation of ₹972 crore divided by standalone net profit of ₹69.1 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹72.5 crore) it is 13.4.
Bharat Wire Ropes' debt-to-equity ratio was 0.09 on 31 March 2026: borrowings of ₹74.3 crore against total equity of ₹811 crore. A year earlier, on 31 March 2025, it was 0.18.
Bharat Wire Ropes' net worth — shareholders' equity in its standalone balance sheet — was ₹811 crore on 31 March 2026, up 10.1% from ₹737 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹972 crore at the 30 October 2026 close.
Bharat Wire Ropes' price-to-book (PB) ratio is 1.20 at the 30 October 2026 close: a market capitalisation of ₹972 crore divided by shareholders' equity (book value) of ₹811 crore on 31 March 2026. That is a book value of ₹118.22 per share against a share price of ₹141.70.
Bharat Wire Ropes' book value per share was ₹118.22 on 31 March 2026: shareholders' equity of ₹811 crore divided by the 6.86 crore shares in issue, up 9.9% from ₹107.61 a year earlier. The share price at the 30 October 2026 close was ₹141.70.
Promoters held 41.15% of Bharat Wire Ropes on 30 September 2026, down 0.12 percentage points from 41.27% the previous quarter and down 0.12 percentage points from 41.27% a year earlier, according to the shareholding pattern filed with NSE.
Bharat Wire Ropes' market capitalisation was ₹972 crore at the 30 October 2026 close: 6.86 crore shares at ₹141.70 each.
No. Bharat Wire Ropes had borrowings of ₹74.3 crore on 31 March 2026 (standalone balance sheet), a debt-to-equity ratio of 0.09. Its cash and current investments were ₹17.8 crore, so its net debt was ₹56.5 crore.
Bharat Wire Ropes will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
In FY26, Bharat Wire Ropes' return on equity (ROE) was 9.4% and its return on capital employed (ROCE) was 12.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.4% and ROCE 13.5%.
On 30 September 2026, Bharat Wire Ropes' shares were held by promoters 41.15%, foreign portfolio investors (FII/FPI) 2.17%, domestic institutions (DII) 18.95% (including mutual funds at 0.00%) and retail and other non-institutional investors 37.73%. Over the year, FII holding was up 0.10 percentage points from 2.07% and DII holding was up 16.35 percentage points from 2.60%.
In FY26, Bharat Wire Ropes earned net profit of ₹72.5 crore on revenue of ₹591 crore, against ₹16.2 crore on ₹3,692 crore for Electrotherm. Bharat Wire Ropes' operating margin was 18.1% (Electrotherm 0.0%). At the 30 October 2026 close, Bharat Wire Ropes' market capitalisation was ₹972 crore against ₹738 crore for Electrotherm.
Bharat Wire Ropes' basic earnings per share (EPS) were ₹10.57 in FY26, against ₹10.60 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹10.08.
In FY26, Bharat Wire Ropes generated ₹97.7 crore of cash from operations and spent ₹74.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹23.5 crore. In FY25 it was ₹43.6 crore.
Bharat Wire Ropes' latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: standalone net profit ₹12.2 crore, down 21.6% from ₹15.6 crore in Q1 FY26; revenue from operations ₹130 crore, down 8.0% year on year.
In FY26 (April 2025–March 2026), Bharat Wire Ropes' standalone net profit was ₹72.5 crore, unchanged from ₹72.4 crore in FY25, on revenue from operations of ₹591 crore (down 4.6%). Over three years, from FY23, net profit was up 16.4%.
On FY26 standalone figures, against Electrotherm, Manaksia Coated Metals & Industries and STEEL EXCHANGE INDIA: Bharat Wire Ropes' operating margin of 18.1% is the highest of the four (Electrotherm 0.0%, Manaksia Coated Metals & Industries 8.1%, STEEL EXCHANGE INDIA 9.7%; peer average 5.9%); its revenue growth over three years of 0.1% a year is the third highest of the four (Electrotherm 6.3% a year, Manaksia Coated Metals & Industries 10.7% a year, STEEL EXCHANGE INDIA −8.6% a year; peer average 2.8% a year).
From Bharat Wire Ropes' own standalone results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Standalone figures from the company's filings with NSE; prices are NSE closing prices.