Bharat Wire Ropes Ltd Stock Price Today (NSE: BHARATWIRE)

Bharat Wire Ropes Ltd

217.23+1.29 (+0.60%)
Market Closed

Fundamental Score

...

Bharat Wire Ropes Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Bharat Wire Ropes Ltd share price today is 217.23, up +0.60% on NSE/BSE as of 18 June 2026. Bharat Wire Ropes Ltd (BHARATWIRE) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of 1.21K (Cr). The 52-week high for BHARATWIRE share price is 262.00 and the 52-week low is 148.01. At a P/E ratio of 16.50x, BHARATWIRE is currently trading below its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 22.91% and a debt-to-equity ratio of 0.13.

Bharat Wire Ropes Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
262.00
Low
207.35
Volume
7.2L
Change
+1.65%

Bharat Wire Ropes Ltd share price chart: 1.65% return over the past month. 52-week high ₹262.00, 52-week low ₹148.01.

Bharat Wire Ropes Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
215.95221.49199.50217.232.43L (Cr)
226.00226.00215.05215.942.03L (Cr)
234.88234.99220.10223.062.40L (Cr)
231.48231.48231.48231.480.00 (Cr)
224.00240.00223.44231.486.98L (Cr)
224.90225.70220.48223.421.41L (Cr)
223.00224.75220.23221.701.74L (Cr)
218.10228.00218.00219.142.08L (Cr)
222.00224.00216.54218.081.35L (Cr)
215.00222.30210.60218.803.26L (Cr)

Bharat Wire Ropes Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
226.00226.00199.50217.23-3.88%
223.85262.00207.35223.06-0.35%
160.00249.90155.13222.03+38.77%
171.90176.00148.01157.55-8.35%
167.55196.99158.88178.30+6.42%
181.88192.62158.00172.24-5.30%
178.93198.39167.67181.55+1.46%
199.80217.95175.00178.75-10.54%
169.00229.43159.50201.14+19.02%
170.99187.73154.11170.81-0.11%
186.83197.40165.00170.98-8.48%
223.05226.80181.47186.83-16.24%

AI Research Briefing

Powered by Gemini · 2026-04-15

Micro-cap infrastructure play with high pledged shares and dependence on steel price recovery; avoid until clear uptrend.

Research Confidence
5.0/10Moderate
GOVT CAPEX DARK HORSEConsolidationFairly valued compared to industry P/E

WHAT'S HAPPENING NOW (last 2-4 weeks)

Bharat Wire Ropes submitted its Q4FY26 regulatory compliance certificate to exchanges on April 9, 2026. A Whole Time Director, Mr. Venkateswararao Laxmanamurty kandikuppa, resigned effective March 31st, 2026, due to personal reasons. The stock experienced a 6.58% gain on April 9, closing at , signaling a potential short-term rebound.

CORE STORY (THE REAL GAME)

Bharat Wire Ropes is being priced as a beneficiary of sustained government spending on infrastructure and a recovery in steel prices, despite recent volatility and mixed technical signals.

Why Now
  • Technical rebound showing short term gains
  • India is a net exporter of steel
  • Company focuses on quality and value creation
Potential Catalysts
  • Sustained increase in steel prices
  • Major infrastructure contract wins
  • Reduction in pledged shares
Key Risks
  • Micro-cap: liquidity risk
  • High pledged shares: 51.0%
  • Dependence on government spending
Institutional Activity

FII decreased holdings by 0.66%

Macro Context

India's steel industry is expected to maintain its growth momentum, with production projected to rise further

Cash Flow Quality

Negative free cash flow of ₹-82.61 Cr over 5 years

3–6 Month Outlook

Short-term technical rebound possible, but long-term growth depends on sustained steel price recovery and infrastructure spending.

Primary Thesis Risk

Reliance on government infrastructure spending and volatile steel prices.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

22.91%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

13.38%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

21.28%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Bharat Wire Ropes Ltd Valuation Check

Good

Price to Earnings (P/E)

16.50x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

22.05x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

41.27%

% shares held by company founders/management

Poor

FII Holding

2.06%

% shares held by foreign institutional investors

Poor

DII Holding

2.60%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

51.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Good

Profit Growth (Quarterly YoY)

17.39%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

8.15%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

19.17%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

22.69%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

26.09%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.13x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

8.13x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-82.61 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Bharat Wire Ropes Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of BHARATWIRE across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Return on Equity (22.91%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Strong Operating Margins (21.28%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Attractive Valuation (P/E: 16.50 vs Industry: 22.05)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Consistent Growth Track Record (19.17% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (22.69% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (26.09% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.13)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (8.13x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Risk Factors

4 factors identified

Negative Free Cash Flow (₹-82.61 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 4.66%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

High Share Pledging Risk (51.00%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Bharat Wire Ropes Ltd vs Iron & Steel Products Peers

Peer Comparison - Iron & Steel Products

Compare Bharat Wire Ropes Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
40.8/100
217
₹1208.78
16.5
Average
22.91%
Excellent
13.38%
Average
0.1
Excellent
26.09%
Excellent
19.17%
Excellent
0.00%
58.2/100
1868
₹48140.62
45.9
Average
18.95%
Good
22.36%
Excellent
0.2
Excellent
25.60%
Excellent
21.78%
Excellent
0.33%
68/100
976
₹22904.25
23.6
Average
8.99%
Poor
12.05%
Average
0.1
Excellent
21.75%
Excellent
28.17%
Excellent
0.55%
68.3/100
1353
₹22738.84
12.8
Average
18.59%
Good
21.24%
Excellent
0.2
Excellent
13.17%
Good
7.02%
Good
0.58%
68/100
2587
₹16673.81
27.5
Average
16.01%
Good
21.51%
Excellent
0.1
Excellent
12.03%
Good
14.94%
Good
0.59%
58.9/100
282
₹16393.58
22.1
Average
17.23%
Good
23.25%
Excellent
0.0
Excellent
36.29%
Excellent
10.43%
Good
0.42%
61.5/100
689
₹14229.55
28.9
Average
15.11%
Good
19.20%
Good
0.2
Excellent
77.96%
Excellent
37.76%
Excellent
0.21%
43.7/100
510
₹12879.99
30.5
Average
15.83%
Good
18.75%
Good
0.1
Excellent
-0.10%
Poor
10.03%
Good
0.71%
42.5/100
246
₹10658.72
7.8
Average
16.31%
Good
19.37%
Good
0.4
Excellent
23.92%
Excellent
12.37%
Good
1.20%
62/100
635
₹7894.79
10.1
Average
12.90%
Average
16.63%
Good
0.0
Excellent
36.46%
Excellent
14.78%
Good
1.70%
38.5/100
105
₹6850.49
18.2
Average
4.86%
Poor
12.59%
Average
0.9
Good
16.22%
Excellent
10.52%
Good
0.00%

Bharat Wire Ropes Ltd PE Ratio History

Historical price-to-earnings ratio for BHARATWIRE — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202510.60₹181.5517.1x
FY 202414.17₹211.6414.9x
FY 20239.68₹309.0031.9x
FY 20222.17₹104.6048.2x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Bharat Wire Ropes Ltd Dividend History

Annual cash dividends paid by BHARATWIRE — dividend yield N/A

Financial YearDividends Paid (₹ Cr)
FY 20250.04 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Bharat Wire Ropes Ltd Quarterly Performance

Latest quarterly metrics for BHARATWIRE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

8.15%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

17.39%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

19.17%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

26.09%

Compounded annual net profit growth over 5 years

Bharat Wire Ropes Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for BHARATWIRE — calculated from daily price history

47RSI 14
Neutral — RSI 47

Momentum is balanced — neither overbought nor oversold.

SMA 50
200
▲ Price above SMA 50 — Short-term bullish
SMA 200
183
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1726K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Bharat Wire Ropes Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Bharat Wire Ropes Ltd (BHARATWIRE) — sourced from NSE/BSE filings.

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Fetching financial data for Bharat Wire Ropes Ltd

About BHARATWIRE (Bharat Wire Ropes Ltd)

Bharat Wire Ropes Ltd is a dynamic force within India's iron and steel landscape, specializing in the intricate art of crafting high-tensile steel wire ropes. More than just a manu...facturer, the company is a solutions provider, weaving together precision engineering and robust materials to create products that form the backbone of critical infrastructure. Their offerings extend beyond simple ropes, encompassing a diverse portfolio of specialized lifting solutions, including meticulously crafted slings designed for optimal safety and performance under demanding conditions. With a relentless focus on quality and innovation, Bharat Wire Ropes Ltd. is committed to empowering industries with the strength and reliability they need to thrive. The company's expertise extends to the production of galvanized steel wire strands, engineered to withstand the harshest environmental conditions. These strands, including essential earth wires and durable stay wires, provide crucial support for a variety of applications, from securing towering structures to ensuring the stability of power transmission lines. The meticulous galvanization process ensures exceptional corrosion resistance, extending the lifespan and reliability of these critical components. In addition to their galvanized offerings, Bharat Wire Ropes Ltd. also produces a range of ungalvanized steel wires, catering to specific industry needs where corrosion resistance is less critical, showcasing their adaptability and comprehensive product range. Driven by a commitment to excellence, Bharat Wire Ropes Ltd. serves as a vital partner to diverse sectors, providing essential components for a wide range of applications. Their products play a crucial role in general engineering projects, ensuring the safety and efficiency of lifting and rigging operations. They are also indispensable in the fishing industry, providing strong and reliable ropes for navigating challenging waters. Furthermore, their solutions contribute to the smooth operation of elevators, the precision of cranes, and the secure handling of materials across various industries, reinforcing their position as a trusted and versatile provider within the iron and steel market.

Company Details

Symbol:BHARATWIRE
Industry:Iron & Steel Products
Sector:Iron & Steel Products

Key Leadership

Mr. Mahender Singh Arora
Chief Executive Officer
Mr. Manan Murarilal Mittal
President and President of Administration, Information Technology & Procurement
Mr. Rakesh Kumar Jain
Chief Financial Officer

BHARATWIRE Share Price: Frequently Asked Questions

What is the current share price of Bharat Wire Ropes Ltd?

Bharat Wire Ropes Ltd (BHARATWIRE) trades at ₹217.23 on NSE and BSE. Market cap ₹1.21K (Cr). Educational data only.

What is the P/E ratio of Bharat Wire Ropes Ltd?

Bharat Wire Ropes Ltd has a P/E of 16.50x vs industry average 22.05x.

What is the Bull Run score for Bharat Wire Ropes Ltd?

Bharat Wire Ropes Ltd has a Bull Run score of 40.8/100 based on 25+ financial parameters.

Does Bharat Wire Ropes Ltd pay dividends?

Bharat Wire Ropes Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Bharat Wire Ropes Ltd?

Bharat Wire Ropes Ltd has ROE of 22.91%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Bharat Wire Ropes Ltd?

Bharat Wire Ropes Ltd has debt-to-equity of 0.13.

Is Bharat Wire Ropes Ltd a good investment?

Bull Run gives Bharat Wire Ropes Ltd a score of 40.8/100. This is not investment advice — consult a SEBI-registered advisor.