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Bharat Wire

  • Market Cap: Small Cap
  • Industry: Engineering - Industrial Equipments
  • ISIN: INE316L01019
  • NSEID: BHARATWIRE
  • BSEID: 539799
INR
180.25
5.3 (3.03%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 53.59 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

178.05182.20

52 Week

122.40330.00
Valuation
Technical
Day's Volume

CASH

53.59 k (-63.89%) Volume

Shareholding (Dec 2024)

FII

3.13%

Held by 33 FIIs

DII

2.60%

Held by 0 DIIs

Promoter

41.24%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Debt company with Weak Long Term Fundamental Strength

  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
  • The company has been able to generate a Return on Equity (avg) of 7.65% signifying low profitability per unit of shareholders funds
2

Negative results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

48.93% of Promoter Shares are Pledged

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Engineering - Industrial Equipments

stock-summary
Market cap

INR 1,234 Cr (Small Cap)

stock-summary
P/E

16.00

stock-summary
Industry P/E

34

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.17

stock-summary
Return on Equity

10.51%

stock-summary
Price to Book

1.71

Revenue and Profits (1 Year):
Net Sales:
162 Cr
(Quarterly Results - Dec 2024)
Net Profit:
15 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-34.05%
0%
-34.05%
1 Year
-41.2%
0%
-41.2%
2 Years
17.43%
0%
17.43%
3 Years
127.59%
0%
127.59%
4 Years
318.7%
0%
318.7%
5 Years
1400.83%
0%
1400.83%

Bharat Wire for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
19.36%
EBIT Growth (5y)
73.18%
EBIT to Interest (avg)
4.01
Debt to EBITDA (avg)
11.33
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.58
Tax Ratio
25.33%
Dividend Payout Ratio
0
Pledged Shares
48.93%
Institutional Holding
5.73%
ROCE (avg)
7.74%
ROE (avg)
7.65%
Valuation key factors
Factor
Value
P/E Ratio
16
Industry P/E
34
Price to Book Value
1.71
EV to EBIT
11.83
EV to EBITDA
9.91
EV to Capital Employed
1.61
EV to Sales
2.21
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
15.45%
ROE (Latest)
10.51%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Bullish
Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

48.9319

Mutual Funds

Held by 0 Schemes

FIIs

Held by 33 FIIs (3.13%)

Promoter with highest holding

Gyansankar Investment & Trading Co. Pvt. Ltd (31.72%)

Highest Public shareholder

Authum Investment And Infrastructure Limited (15.55%)

Individual Investors Holdings

28.35%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 6.33% vs 14.03% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -21.10% vs 4.49% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "161.82",
          "val2": "152.19",
          "chgp": "6.33%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "29.00",
          "val2": "33.70",
          "chgp": "-13.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "3.60",
          "val2": "2.90",
          "chgp": "24.14%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "14.88",
          "val2": "18.86",
          "chgp": "-21.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.92%",
          "val2": "22.14%",
          "chgp": "-4.22%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -10.02% vs 12.40% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -23.38% vs 75.80% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "285.66",
          "val2": "317.48",
          "chgp": "-10.02%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "66.29",
          "val2": "82.76",
          "chgp": "-19.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "6.10",
          "val2": "7.72",
          "chgp": "-20.98%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "36.91",
          "val2": "48.17",
          "chgp": "-23.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "23.21%",
          "val2": "26.07%",
          "chgp": "-2.86%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -5.73% vs 11.23% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -30.52% vs 61.03% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "447.48",
          "val2": "474.68",
          "chgp": "-5.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "95.29",
          "val2": "126.65",
          "chgp": "-24.76%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "9.70",
          "val2": "11.15",
          "chgp": "-13.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "51.79",
          "val2": "74.54",
          "chgp": "-30.52%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "21.29%",
          "val2": "26.68%",
          "chgp": "-5.39%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 5.56% vs 43.44% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 54.59% vs 355.23% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "621.84",
          "val2": "589.06",
          "chgp": "5.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "164.02",
          "val2": "138.82",
          "chgp": "18.15%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "14.79",
          "val2": "22.20",
          "chgp": "-33.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "96.20",
          "val2": "62.23",
          "chgp": "54.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "26.38%",
          "val2": "23.57%",
          "chgp": "2.81%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
161.82
152.19
6.33%
Operating Profit (PBDIT) excl Other Income
29.00
33.70
-13.95%
Interest
3.60
2.90
24.14%
Exceptional Items
0.00
0.00
Standalone Net Profit
14.88
18.86
-21.10%
Operating Profit Margin (Excl OI)
17.92%
22.14%
-4.22%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 6.33% vs 14.03% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -21.10% vs 4.49% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
285.66
317.48
-10.02%
Operating Profit (PBDIT) excl Other Income
66.29
82.76
-19.90%
Interest
6.10
7.72
-20.98%
Exceptional Items
0.00
0.00
Standalone Net Profit
36.91
48.17
-23.38%
Operating Profit Margin (Excl OI)
23.21%
26.07%
-2.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -10.02% vs 12.40% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -23.38% vs 75.80% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
447.48
474.68
-5.73%
Operating Profit (PBDIT) excl Other Income
95.29
126.65
-24.76%
Interest
9.70
11.15
-13.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
51.79
74.54
-30.52%
Operating Profit Margin (Excl OI)
21.29%
26.68%
-5.39%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -5.73% vs 11.23% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is -30.52% vs 61.03% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
621.84
589.06
5.56%
Operating Profit (PBDIT) excl Other Income
164.02
138.82
18.15%
Interest
14.79
22.20
-33.38%
Exceptional Items
0.00
0.00
Consolidate Net Profit
96.20
62.23
54.59%
Operating Profit Margin (Excl OI)
26.38%
23.57%
2.81%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 5.56% vs 43.44% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 54.59% vs 355.23% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Bharat Wire Ropes Ltd stock-summary
stock-summary
Bharat Wire Ropes Ltd
Small Cap
Engineering - Industrial Equipments
Bharat Wire Ropes Limited was incorporated as Bharat Ropes Private Limited on July 24, 1986, at Mumbai, Maharashtra. The Company was converted into a Public Limited Company and the name was changed to Bharat Ropes Limited and a fresh Certificate of Incorporation was granted on June 10, 1992. Thereafter, the Company name was changed from Bharat Ropes Limited to Bharat Wire Ropes Limited and a fresh Certificate of Incorporation was granted by the Registrar of Companies, Mumbai, on July 5, 1996.
Company Coordinates stock-summary
Company Details
Plot 1&4 Atgaon Industrial, Complex Taluka Shalpur Thane Maharashtra : 421601
stock-summary
Tel: 91-2527-240123
stock-summary
http://www.bharatwireropes.com
stock-summary
compliance@bharatwireropes.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
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