Bharat Wire Ropes
Market Cap
₹5.0b
Last Updated
2021/07/25 12:34 UTC
Data Sources
Company Financials
Executive Summary
Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet and overvalued.
Similar Companies
Share Price & News
How has Bharat Wire Ropes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 539799 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 539799's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.4%
539799
-0.6%
IN Metals and Mining
-0.3%
IN Market
1 Year Return
288.6%
539799
161.7%
IN Metals and Mining
53.5%
IN Market
Return vs Industry: 539799 exceeded the Indian Metals and Mining industry which returned 161.7% over the past year.
Return vs Market: 539799 exceeded the Indian Market which returned 53.5% over the past year.
Shareholder returns
| 539799 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -0.6% | -0.3% |
| 30 Day | 21.6% | 6.0% | 1.8% |
| 90 Day | 87.9% | 21.6% | 15.0% |
| 1 Year | 288.6%288.6% | 173.5%161.7% | 55.6%53.5% |
| 3 Year | -18.2%-18.2% | 90.4%70.1% | 39.1%32.0% |
| 5 Year | 84.6%84.6% | 202.1%149.8% | 83.1%67.8% |
Long-Term Price Volatility Vs. Market
How volatile is Bharat Wire Ropes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Bharat Wire Ropes undervalued compared to its fair value and its price relative to the market?
0.83x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 539799's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 539799's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 539799 is unprofitable, so we can't compare its PE Ratio to the Indian Metals and Mining industry average.
PE vs Market: 539799 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 539799's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 539799 is good value based on its PB Ratio (0.8x) compared to the IN Metals and Mining industry average (1.5x).
Future Growth
How is Bharat Wire Ropes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.0%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Bharat Wire Ropes has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Bharat Wire Ropes performed over the past 5 years?
-56.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 539799 is currently unprofitable.
Growing Profit Margin: 539799 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 539799 is unprofitable, and losses have increased over the past 5 years at a rate of 56.7% per year.
Accelerating Growth: Unable to compare 539799's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 539799 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (41.4%).
Return on Equity
High ROE: 539799 has a negative Return on Equity (-3.86%), as it is currently unprofitable.
Financial Health
How is Bharat Wire Ropes's financial position?
Financial Position Analysis
Short Term Liabilities: 539799's short term assets (₹1.7B) exceed its short term liabilities (₹916.7M).
Long Term Liabilities: 539799's short term assets (₹1.7B) do not cover its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 539799's debt to equity ratio (63%) is considered high.
Reducing Debt: 539799's debt to equity ratio has reduced from 141.7% to 63% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 539799 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 539799 has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.7% each year.
Dividend
What is Bharat Wire Ropes's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 539799's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 539799's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 539799's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 539799's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 539799's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.3yrs
Average management tenure
CEO
Mahender Arora
4.92yrs
Tenure
₹6,960,000
Compensation
Mr. Mahender Singh Arora has been Chief Executive Officer at Bharat Wire Ropes Limited since August 19, 2016.
CEO Compensation Analysis
Compensation vs Market: Mahender's total compensation ($USD93.50K) is above average for companies of similar size in the Indian market ($USD38.93K).
Compensation vs Earnings: Mahender's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: 539799's management team is seasoned and experienced (6.3 years average tenure).
Board Members
Experienced Board: 539799's board of directors are considered experienced (5.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 39.2%.
Top Shareholders
Company Information
Bharat Wire Ropes Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Bharat Wire Ropes Limited
- Ticker: 539799
- Exchange: BSE
- Founded: 1986
- Industry: Steel
- Sector: Materials
- Market Cap: ₹4.996b
- Shares outstanding: 62.57m
- Website: https://www.bharatwireropes.com
Number of Employees
Location
- Bharat Wire Ropes Limited
- A-701, Trade World Building
- Kamala Mills
- Mumbai
- Maharashtra
- 400013
- India
Listings
Biography
Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wires, wire ropes, stranded wires, and slings, as well as mechanically spliced slings, hand spliced slings, earth wires...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/25 12:34 |
| End of Day Share Price | 2021/07/23 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.