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

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Action Const.Eq.

Praj Industries

Thermax

Elecon Engg.Co

Gala Precis. Eng

BEML Ltd

Bharat Wire

Walchan. Inds.

Electrotherm(I)

Concord Enviro

Diffusion Eng

Why is Bharat Wire Ropes Ltd ?

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

Negative results in Dec 24

PBT LESS OI(Q) At Rs 19.90 cr has Fallen at -29.6 %
PAT(Q) At Rs 14.88 cr has Fallen at -30.0 %
OPERATING PROFIT TO INTEREST (Q) Lowest at 8.06 times

Stock is technically in a Mildly Bearish range

The technical trend has deteriorated from Sideways on 04-Apr-25 and has generated -6.31% returns since then
A key technical factor - Bollinger Band has been Bearish since 04 Apr 2025

48.93% of Promoter Shares are Pledged

In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices

Underperformed the market in the last 1 year

Even though the market (BSE 500) generated negative returns of -1.03% in the last 1 year, its fall in the stock was much higher with a return of -41.17%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Engineering - Industrial Equipments)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Bharat Wire for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Bharat Wire

-41.2%

-0.75

54.65%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

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)

Sales to Capital Employed (avg)

0.58

Tax Ratio

25.33%

Dividend Payout Ratio

Pledged Shares

48.93%

Institutional Holding

5.73%

ROCE (avg)

7.74%

ROE (avg)

7.65%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

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

Dividend Yield

ROCE (Latest)

15.45%

ROE (Latest)

10.51%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Mildly Bullish

Mildly Bearish

Dow Theory

Mildly Bullish

OBV

Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

1What is working for the Company

NET SALES(Q)

Highest at Rs 161.82 cr

-17What is not working for the Company

PBT LESS OI(Q)

At Rs 19.90 cr has Fallen at -29.6 %

PAT(Q)

At Rs 14.88 cr has Fallen at -30.0 %

OPERATING PROFIT TO INTEREST (Q)

Lowest at 8.06 times

OPERATING PROFIT TO NET SALES(Q)

Lowest at 17.92%

PBDIT(Q)

Lowest at Rs 29.00 cr.

EPS(Q)

Lowest at Rs 2.17

Loading Valuation Snapshot...

Here's what is working for Bharat Wire

Net Sales - Quarterly

Highest at Rs 161.82 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Bharat Wire

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 19.90 cr has Fallen at -29.6 %

over average PBT of the previous four quarters of Rs 28.25 Cr

MOJO Watch

Near term PBT trend is very negative

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 14.88 cr has Fallen at -30.0 %

over average PAT of the previous four quarters of Rs 21.27 Cr

MOJO Watch

Near term PAT trend is very negative

PAT (Rs Cr)

Operating Profit to Interest - Quarterly

Lowest at 8.06 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is deteriorating

Operating Profit to Interest

Operating Profit Margin - Quarterly

Lowest at 17.92% and Fallen

each quarter in the last five quarters

MOJO Watch

Company's efficiency has deteriorated

Operating Profit to Sales

Operating Profit (PBDIT) - Quarterly

Lowest at Rs 29.00 cr.

in the last five quarters

MOJO Watch

Near term Operating Profit trend is negative

Operating Profit (Rs Cr)

Profit Before Tax less Other Income (PBT) - Quarterly

Lowest at Rs 19.90 cr.

in the last five quarters

MOJO Watch

Near term PBT trend is negative

PBT less Other Income (Rs Cr)

Earnings per Share (EPS) - Quarterly

Lowest at Rs 2.17

in the last five quarters

MOJO Watch

Declining profitability; company has created lower earnings for shareholders

EPS (Rs)