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  7. Bharat Wire Ropes Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

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

Bharat Wire Ropes Ltd

BHARATWIREIron & Steel Products
₹160.50₹0.63 (0.39%)↓
As on 17 Apr 2026, 11:00 am ISTMarket Closed

Fundamental Score

...

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

Bharat Wire Ropes Ltd share price today is ₹160.50, down 0.39% on NSE/BSE as of 17 April 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 ₹248.70 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
₹0.00
Low
₹0.00
Volume
0
Change
-0.39%

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 ₹171.00, 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.

�� WHAT IS DRIVING THE STOCK:

Technical rebound: The stock showed a 6.58% gain on April 9, outperforming the Sensex over the past week and month.

Net Exporter: India is a net exporter of steel, with exports exceeding imports by 0.40 million tons (Mt) in April–February of FY 2025–26.

⚖️ BULL vs BEAR:

Bull:Infrastructure spending and increased exports drive demand for specialized wire ropes. The company's focus on quality and value creation helps it gain clients globally.

Bear:Micro-cap with high pledged shares (51.0%). Steel prices remain under pressure. Q3FY26 revenue declined by 12%.

�� WHAT MARKET IS PRICING:

The market is pricing in continued growth driven by government infrastructure projects and a rebound in steel prices. This could fade if steel prices remain suppressed or government spending slows.

�� BOTTOM LINE:

Bharat Wire Ropes is a micro-cap play on Indian infrastructure with brutal liquidity risk and dependence on government spending; avoid until steel prices show sustained recovery.

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

ROE

22.91%
Poor

ROCE

13.38%
Excellent

OPM (5Y)

21.28%

Div Yield

0.00%

Bharat Wire Ropes Ltd Valuation Check

Good

P/E Ratio

16.50x
Poor

Industry P/E

22.05x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

1.21K (Cr)

Growth Engine

Good

Profit Growth (Q)

17.39%
Poor

Sales Growth (Q)

8.15%
Excellent

Sales Growth (5Y)

19.17%
Excellent

EPS Growth (5Y)

22.69%
Excellent

Profit Growth (5Y)

26.09%

Balance Sheet Health

Excellent

Debt to Equity

0.13x
Excellent

Int. Coverage

8.13x

Free Cash Flow (5Y)

-82.61 (Cr)

Shareholding

Excellent

Promoter

41.27%
Poor

FII

2.06%
Poor

DII

2.60%
Poor

Pledged

51.00%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹160.50— Analysis below may reference an earlier price snapshot.

Bharat Wire Ropes Share Price: A Financial Stability Analysis

The iron and steel products industry faces unique challenges due to volatile raw material costs and cyclical demand. This analysis examines the financial stability of Bharat Wire Ropes Ltd, with a particular focus on factors influencing the Bharat Wire Ropes share price. Currently trading at ₹171.05999755859375, the company presents an interesting case given its Price-to-Earnings (PE) ratio of 16.5 and Return on Capital Employed (ROCE) of 13.38%. This analysis is part of an 80-parameter fundamental audit verified by Sweta Mishra, ensuring a comprehensive and objective evaluation.

A key indicator of financial strength is the company’s profitability relative to its investments. The ROCE of 13.38% suggests that Bharat Wire Ropes is generating a reasonable return on its capital. This profitability plays a crucial role in reinforcing the company's economic moat, as it allows for reinvestment in the business, innovation, and potentially lower cost of capital compared to competitors. A sustained high ROCE indicates efficient capital allocation and strengthens the company's competitive positioning.

Comparing Bharat Wire Ropes to its sector peers, such as Azad India, requires careful consideration. While peer comparisons can be valuable, it's essential to assess qualitative factors like management quality. Observing Azad India's strategic decisions and capital allocation efficiency relative to Bharat Wire Ropes can provide insights into the latter’s long-term sustainability. Factors to consider are their debt management strategies and adaptation to market fluctuations.

The PE ratio of 16.5 reflects investor sentiment and valuation relative to earnings. While not excessively high or low, it warrants further investigation into the company's growth prospects and earnings sustainability. This data point coupled with an observational comparison against industry peers Msp Steel & Power Ltd and P M Telelinks Ltd for growth and risk appetite, will add more understanding. Ultimately, the long-term performance of Bharat Wire Ropes share price will depend on its ability to manage operational costs, capitalize on market opportunities, and maintain a robust financial position.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

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 Financial Statements

Comprehensive financial data for Bharat Wire Ropes Ltd including income statement, balance sheet and cash flow

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
Website:https://www.bharatwireropes.com

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 (BHARATWIRE)?

As of 17 Apr 2026, 11:00 am IST, Bharat Wire Ropes Ltd share price is ₹160.50. The BHARATWIRE stock has a market capitalisation of ₹1.21K (Cr) on NSE/BSE.

Is BHARATWIRE share price Overvalued or Undervalued?

BHARATWIRE share price is currently trading at a P/E ratio of 16.50x, compared to the industry average of 22.05x. Based on this relative valuation, the Bharat Wire Ropes Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of BHARATWIRE share price?

The 52-week high of BHARATWIRE share price is ₹248.70 and the 52-week low is ₹148.01. These values are updated daily from NSE/BSE price data.

What factors affect the Bharat Wire Ropes Ltd share price?

Key factors influencing BHARATWIRE share price include quarterly earnings growth (Sales Growth: 8.15%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Bharat Wire Ropes Ltd a good stock for long-term investment?

Bharat Wire Ropes Ltd shows a 5-year Profit Growth of 26.09% and an ROE of 22.91%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.13 before investing in BHARATWIRE shares.

How does Bharat Wire Ropes Ltd compare with its industry peers?

Bharat Wire Ropes Ltd competes with major peers in the Iron & Steel Products. Investors should compare BHARATWIRE share price P/E of 16.50x and ROE of 22.91% against the industry averages to determine competitive standing.

What is the P/E ratio of BHARATWIRE and what does it mean?

BHARATWIRE share price has a P/E ratio of 16.50x compared to the industry average of 22.05x. Investors pay ₹17 for every ₹1 of annual earnings.

How is BHARATWIRE performing according to Bull Run's analysis?

BHARATWIRE has a Bull Run fundamental score of 40.8/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does BHARATWIRE belong to?

BHARATWIRE operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Bharat Wire Ropes Ltd share price.

What is Return on Equity (ROE) and why is it important for BHARATWIRE?

BHARATWIRE has an ROE of 22.91%, which indicates excellent management efficiency. ROE measures how efficiently Bharat Wire Ropes Ltd generates profits from shareholders capital.

How is BHARATWIRE debt-to-equity ratio and what does it indicate?

BHARATWIRE has a debt-to-equity ratio of 0.13, which indicates conservative financing with low financial risk.

What is BHARATWIRE dividend yield and is it a good dividend stock?

BHARATWIRE offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Bharat Wire Ropes Ltd shares.

How has BHARATWIRE share price grown over the past 5 years?

BHARATWIRE has achieved 5-year growth rates of: Sales Growth 19.17%, Profit Growth 26.09%, and EPS Growth 22.69%.

What is the promoter holding in BHARATWIRE and why does it matter?

Promoters hold 41.27% of BHARATWIRE shares, with 51.00% pledged. High promoter holding often indicates strong management confidence in Bharat Wire Ropes Ltd.

What is BHARATWIRE market capitalisation category?

BHARATWIRE has a market capitalisation of ₹1209 crores, placing it in the Small-cap category.

How volatile is BHARATWIRE stock?

BHARATWIRE has a beta of N/A. A beta > 1 suggests the Bharat Wire Ropes Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is BHARATWIRE operating profit margin trend?

BHARATWIRE has a 5-year average Operating Profit Margin (OPM) of 21.28%, indicating the company's operational efficiency.

How is BHARATWIRE quarterly performance?

Recent quarterly performance shows Bharat Wire Ropes Ltd YoY Sales Growth of 8.15% and YoY Profit Growth of 17.39%.

What is the institutional holding pattern in BHARATWIRE?

BHARATWIRE has FII holding of 2.06% and DII holding of 2.60%. Significant institutional holding often suggests professional confidence in the Bharat Wire Ropes Ltd stock.

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Frequently Asked Questions about Bharat Wire Ropes Ltd

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

Bharat Wire Ropes Ltd (BHARATWIRE) trades at ₹160.50 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.