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Bharat Wire Ropes NSEI:BHARATWIRE Stock Report

Last Price

₹290.65

Market Cap

₹20.1b

7D

-4.0%

1Y

94.0%

Updated

19 Apr, 2024

Data

Company Financials +

Bharat Wire Ropes Limited

NSEI:BHARATWIRE Stock Report

Market Cap: ₹20.1b

BHARATWIRE Stock Overview

Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India.

BHARATWIRE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends0/6

Bharat Wire Ropes Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Bharat Wire Ropes
Historical stock prices
Current Share Price₹290.65
52 Week High₹400.60
52 Week Low₹148.15
Beta1.3
1 Month Change7.81%
3 Month Change-23.38%
1 Year Change94.03%
3 Year Change600.36%
5 Year Change459.48%
Change since IPO538.09%

Recent News & Updates

Recent updates

If EPS Growth Is Important To You, Bharat Wire Ropes (NSE:BHARATWIRE) Presents An Opportunity

Jan 10
If EPS Growth Is Important To You, Bharat Wire Ropes (NSE:BHARATWIRE) Presents An Opportunity

Is Bharat Wire Ropes (NSE:BHARATWIRE) Using Too Much Debt?

Dec 07
Is Bharat Wire Ropes (NSE:BHARATWIRE) Using Too Much Debt?

We Like These Underlying Return On Capital Trends At Bharat Wire Ropes (NSE:BHARATWIRE)

Oct 12
We Like These Underlying Return On Capital Trends At Bharat Wire Ropes (NSE:BHARATWIRE)

Returns Are Gaining Momentum At Bharat Wire Ropes (NSE:BHARATWIRE)

Apr 29
Returns Are Gaining Momentum At Bharat Wire Ropes (NSE:BHARATWIRE)

Do Bharat Wire Ropes' (NSE:BHARATWIRE) Earnings Warrant Your Attention?

Mar 02
Do Bharat Wire Ropes' (NSE:BHARATWIRE) Earnings Warrant Your Attention?

The Market Doesn't Like What It Sees From Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Earnings Yet

Dec 23
The Market Doesn't Like What It Sees From Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Earnings Yet

Does Bharat Wire Ropes (NSE:BHARATWIRE) Have A Healthy Balance Sheet?

Aug 21
Does Bharat Wire Ropes (NSE:BHARATWIRE) Have A Healthy Balance Sheet?

Returns At Bharat Wire Ropes (NSE:BHARATWIRE) Are On The Way Up

Aug 03
Returns At Bharat Wire Ropes (NSE:BHARATWIRE) Are On The Way Up

There's Been No Shortage Of Growth Recently For Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital

Feb 23
There's Been No Shortage Of Growth Recently For Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital

Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital Are Heading Higher

Sep 16
Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital Are Heading Higher

These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively

Jul 15
These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively

Can Bharat Wire Ropes (NSE:BHARATWIRE) Continue To Grow Its Returns On Capital?

Mar 01
Can Bharat Wire Ropes (NSE:BHARATWIRE) Continue To Grow Its Returns On Capital?

These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively

Jan 07
These 4 Measures Indicate That Bharat Wire Ropes (NSE:BHARATWIRE) Is Using Debt Extensively

What We Make Of Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital

Nov 16
What We Make Of Bharat Wire Ropes' (NSE:BHARATWIRE) Returns On Capital

We Think Bharat Wire Ropes (NSE:BHARATWIRE) Is Taking Some Risk With Its Debt

Sep 24
We Think Bharat Wire Ropes (NSE:BHARATWIRE) Is Taking Some Risk With Its Debt

The Trends At Bharat Wire Ropes (NSE:BHARATWIRE) That You Should Know About

Aug 03
The Trends At Bharat Wire Ropes (NSE:BHARATWIRE) That You Should Know About

Shareholder Returns

BHARATWIREIN Metals and MiningIN Market
7D-4.0%-0.8%-2.5%
1Y94.0%55.3%44.5%

Return vs Industry: BHARATWIRE exceeded the Indian Metals and Mining industry which returned 55.3% over the past year.

Return vs Market: BHARATWIRE exceeded the Indian Market which returned 44.5% over the past year.

Price Volatility

Is BHARATWIRE's price volatile compared to industry and market?
BHARATWIRE volatility
BHARATWIRE Average Weekly Movement5.8%
Metals and Mining Industry Average Movement7.3%
Market Average Movement6.9%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.3%

Stable Share Price: BHARATWIRE's share price has been volatile over the past 3 months.

Volatility Over Time: BHARATWIRE's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986504Mahender Arorawww.bharatwireropes.com

Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes; slings, including mechanically spliced slings, hand spliced slings, and socketed slings; galvanized steel wire strands, such as earth wires, stay wires, and structural strands; and galvanized and non-galvanized steel wires. The company’s products are used in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defense, and railways and allied industries.

Bharat Wire Ropes Limited Fundamentals Summary

How do Bharat Wire Ropes's earnings and revenue compare to its market cap?
BHARATWIRE fundamental statistics
Market cap₹20.11b
Earnings (TTM)₹904.60m
Revenue (TTM)₹6.37b

21.9x

P/E Ratio

3.1x

P/S Ratio

Is BHARATWIRE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BHARATWIRE income statement (TTM)
Revenue₹6.37b
Cost of Revenue₹3.37b
Gross Profit₹3.00b
Other Expenses₹2.10b
Earnings₹904.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)13.29
Gross Margin47.15%
Net Profit Margin14.20%
Debt/Equity Ratio29.3%

How did BHARATWIRE perform over the long term?

See historical performance and comparison
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