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Bharat Wire Ropes NSEI:BHARATWIRE Stock Report

Last Price

₹187.10

Market Cap

₹12.8b

7D

-1.7%

1Y

-46.6%

Updated

30 Jan, 2025

Data

Company Financials

Bharat Wire Ropes Limited

NSEI:BHARATWIRE Stock Report

Market Cap: ₹12.8b

BHARATWIRE Stock Overview

Manufactures and sells steel wire ropes in India. More details

BHARATWIRE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Bharat Wire Ropes Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Bharat Wire Ropes
Historical stock prices
Current Share Price₹187.10
52 Week High₹360.00
52 Week Low₹166.42
Beta1.38
1 Month Change-11.60%
3 Month Change-22.24%
1 Year Change-46.60%
3 Year Change130.85%
5 Year Change524.71%
Change since IPO310.76%

Recent News & Updates

Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Subdued P/E Might Signal An Opportunity

Jan 29
Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Subdued P/E Might Signal An Opportunity

Bharat Wire Ropes Limited (NSE:BHARATWIRE) Soars 27% But It's A Story Of Risk Vs Reward

Sep 14
Bharat Wire Ropes Limited (NSE:BHARATWIRE) Soars 27% But It's A Story Of Risk Vs Reward

Recent updates

Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Subdued P/E Might Signal An Opportunity

Jan 29
Bharat Wire Ropes Limited's (NSE:BHARATWIRE) Subdued P/E Might Signal An Opportunity

Bharat Wire Ropes Limited (NSE:BHARATWIRE) Soars 27% But It's A Story Of Risk Vs Reward

Sep 14
Bharat Wire Ropes Limited (NSE:BHARATWIRE) Soars 27% But It's A Story Of Risk Vs Reward

Bharat Wire Ropes (NSE:BHARATWIRE) Shareholders Will Want The ROCE Trajectory To Continue

Jun 05
Bharat Wire Ropes (NSE:BHARATWIRE) Shareholders Will Want The ROCE Trajectory To Continue

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-1.7%-3.3%-1.4%
1Y-46.6%10.6%5.8%

Return vs Industry: BHARATWIRE underperformed the Indian Metals and Mining industry which returned 10.6% over the past year.

Return vs Market: BHARATWIRE underperformed the Indian Market which returned 5.8% over the past year.

Price Volatility

Is BHARATWIRE's price volatile compared to industry and market?
BHARATWIRE volatility
BHARATWIRE Average Weekly Movement5.9%
Metals and Mining Industry Average Movement6.1%
Market Average Movement6.3%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.3%

Stable Share Price: BHARATWIRE has not had significant price volatility in the past 3 months compared to the Indian market.

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

About the Company

FoundedEmployeesCEOWebsite
1986605Mahender 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 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₹12.81b
Earnings (TTM)₹849.41m
Revenue (TTM)₹5.90b

15.1x

P/E Ratio

2.2x

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₹5.90b
Cost of Revenue₹3.11b
Gross Profit₹2.79b
Other Expenses₹1.94b
Earnings₹849.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 03, 2025

Earnings per share (EPS)12.41
Gross Margin47.35%
Net Profit Margin14.40%
Debt/Equity Ratio17.8%

How did BHARATWIRE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 13:12
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bharat Wire Ropes Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kameswari V. S. ChavaliFirstCall Research
Chirag ShahICICIdirect.com