Bansal Wire Industries Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹4,493 Cr
- P/E
- 31.10
- ROE
- 12.09%
- PEG
- 0.78
- Price to sales
- 1.02
- Debt to equity
- 0.39
- 52W high / low
- ₹366 / ₹57.2
- EBITDA margin
- 6.71%
- Net profit margin
- 3.92%
- Promoter holding
- 75.00%
- Sales (last year)
- ₹4,389 Cr
Incorporated in 1985, Bansal Wire Industries Ltd manufactures and sells wires of multiple varieties[1]
Guidance scorecard · Q2 FY27 call
What Bansal Wire Inds's management guided
and where it ranks in Industrial Products
Industrial Products
RevenueQ2 FY27 call
20–40%- The company expects a year-on-year volume growth of 20% in H2 FY27 compared to H2 of the previous year.
- Despite some raw material challenges early in H2, management remains confident about achieving this 20% volume growth.
- Expansion plans include ramping up steel tyre cord capacity from 20,000 tons toward an ultimate target of 200,000 tons, contingent on customer approvals and market demand.
- The bead wire segment, currently underutilized due to capacity ramp-up challenges, is expected to focus more in the next 1-2 quarters.
- CapEx of approximately Rs. 200-250 crores annually is planned, funded largely through internal accruals, aimed at increasing overall manufacturing capacity from 6.8 lakh tons to about 8.3 lakh tons by end of next year.
2 more points from Bansal Wire Inds's call on revenue
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MarginsQ2 FY27 call
FlatSee what Bansal Wire Inds said on margins — free account, 30 seconds.
CapexQ2 FY27 call
Planned- Annual CapEx guidance is Rs. 200-250 crores, funded primarily through internal accruals.
- A new greenfield facility in Southern Gujarat (Sanand) with ~90,000 tons capacity is under development, with Rs. 150 crores CapEx planned (excluding land already acquired).
- Target to increase total manufacturing capacity from 6.8 lakh tons to ~8.3 lakh tons by end of next year.
2 more points from Bansal Wire Inds's call on capex
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FundraisingQ2 FY27 call
See what Bansal Wire Inds said on fundraising — free account, 30 seconds.
Order bookQ2 FY27 call
- Steel Tyre Cord: Received first trial order last quarter; expecting a second trial order within 10-15 days.
- Another customer approval process ongoing, expecting commercialization within the current year.
- Good positive response from customers, with demand of 2.5 to 3 lakh tons mainly met through imports in India.
- The company is prepared to execute bigger projects for steel tyre cord with capacity goal of 2 lakh tons.
- Started supplying some customers for bead wire but not yet begun approval process for OEM tyre customers; approval expected within six months once started.
2 more points from Bansal Wire Inds's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Industrial Products companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹532 Cr | 21.2 | |
| 2 | 40%+ | Up 2%+ | ₹450 Cr | 13.2 | |
| 3 | 40%+ | Up 2%+ | ₹371 Cr | 26.1 | |
| 4 | 40%+ | Up 0–2% | ₹1,340 Cr | 32.9 | |
| 5 | 40%+ | Up 0–2% | ₹1,196 Cr | 14.1 | |
| 6 | 40%+ | Flat | ₹966 Cr | 25.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Products rankingFinancials of Bansal Wire Inds
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Bansal Wire Inds
Shareholding breakup across reporting periods.
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 77.97% | 77.99% | 77.99% | 77.99% | 77.99% | 77.99% | 77.99% | 77.99% | 75.00% | 75.00% |
| FIIs + | 2.30% | 2.91% | 2.90% | 2.36% | 2.07% | 2.35% | 2.12% | 0.88% | 1.99% | 2.55% |
| DIIs + | 13.07% | 14.92% | 15.50% | 16.19% | 16.15% | 15.92% | 15.67% | 17.06% | 15.57% | 14.83% |
| Public + | 6.67% | 4.18% | 3.63% | 3.47% | 3.78% | 3.73% | 4.23% | 4.08% | 7.43% | 7.62% |
| No. of Shareholders | 1,00,218 | 62,839 | 57,969 | 56,325 | 56,124 | 56,030 | 54,379 | 52,905 | 50,678 | 50,732 |
Financials of Bansal Wire Inds
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 603 | 606 | 709 | 817 | 825 | 925 | 940 | 939 | 1,055 | 1,029 | 1,136 | 1,168 | 1,308 |
| Expenses + | 567 | 570 | 663 | 756 | 762 | 853 | 871 | 867 | 979 | 944 | 1,060 | 1,112 | 1,204 |
| Operating Profit | 36 | 36 | 46 | 61 | 64 | 72 | 70 | 72 | 77 | 85 | 76 | 56 | 105 |
| OPM % | 6% | 6% | 6% | 7% | 8% | 8% | 7% | 8% | 7% | 8% | 7% | 4.8% | 8% |
| Other Income + | 5 | 1 | 1 | 1 | 4 | 1 | 3 | 3 | 5 | 0 | 3 | 0 | 0 |
| Interest | 6 | 7 | 9 | 12 | 6 | 7 | 11 | 12 | 16 | 15 | 14 | 15 | 18 |
| Depreciation | 2 | 3 | 6 | 5 | 6 | 8 | 11 | 12 | 15 | 15 | 15 | 15 | 15 |
| Profit before tax | 32 | 27 | 32 | 44 | 57 | 58 | 51 | 50 | 51 | 56 | 50 | 26 | 72 |
| Tax % | 44% | 43% | 23% | 29% | 30% | 28% | 35% | 21% | 25% | 23% | 20% | 21% | 26% |
| Net Profit + | 18 | 15 | 24 | 32 | 40 | 42 | 33 | 39 | 38 | 43 | 40 | 20 | 53 |
| EPS in Rs | 0.28 | 0.23 | 0.37 | 0.47 | 0.51 | 0.53 | 0.42 | 0.50 | 0.49 | 0.55 | 0.51 | 0.26 | 0.68 |
Financials of Bansal Wire Inds
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales + | 2,197 | 2,412 | 2,466 | 3,507 | 4,159 | 4,641 |
| Expenses + | 2,091 | 2,307 | 2,321 | 3,241 | 3,849 | 4,319 |
| Operating Profit | 106 | 105 | 144 | 266 | 310 | 323 |
| OPM % | 4.8% | 4.4% | 6% | 8% | 7% | 7% |
| Other Income + | 7 | 10 | 8 | 9 | 10 | 4 |
| Interest | 27 | 24 | 29 | 35 | 56 | 62 |
| Depreciation | 8 | 9 | 13 | 30 | 57 | 61 |
| Profit before tax | 78 | 82 | 110 | 210 | 207 | 204 |
| Tax % | 27% | 27% | 32% | 30% | 22% | |
| Net Profit + | 57 | 60 | 75 | 146 | 161 | 157 |
| EPS in Rs | 0.90 | 0.94 | 1.16 | 1.85 | 2.06 | 2.00 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Bansal Wire Inds
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 64 | 78 | 78 | 78 |
| Reserves | 214 | 273 | 359 | 1,191 | 1,352 | 1,426 |
| Borrowings + | 413 | 422 | 681 | 608 | 555 | 335 |
| Other Liabilities + | 59 | 44 | 160 | 291 | 532 | 786 |
| Total Liabilities | 695 | 749 | 1,264 | 2,168 | 2,517 | 2,626 |
| Fixed Assets + | 116 | 116 | 229 | 693 | 831 | 884 |
| CWIP | 0 | 38 | 212 | 178 | 214 | 198 |
| Investments | 23 | 23 | 1 | 1 | 1 | 1 |
| Other Assets + | 557 | 573 | 821 | 1,296 | 1,471 | 1,543 |
| Total Assets | 695 | 749 | 1,264 | 2,168 | 2,517 | 2,626 |
Financials of Bansal Wire Inds
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | -12 | 103 | -541 | -153 | 333 |
| Cash from Investing Activity + | -19 | -87 | -496 | -444 | -223 |
| Cash from Financing Activity + | 30 | -15 | 1,038 | 597 | -110 |
| Net Cash Flow | -0 | 0 | 2 | -0 | 0 |
| Free Cash Flow | -30 | 15 | -1,033 | -612 | 103 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 5% | 127% | -361% | -35% | 120% |
Financials of Bansal Wire Inds
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 41 | 38 | 53 | 50 | 52 |
| Inventory Days | 55 | 45 | 58 | 86 | 81 |
| Days Payable | 4 | 2 | 11 | 25 | 42 |
| Cash Conversion Cycle | 92 | 81 | 100 | 110 | 91 |
| Working Capital Days | 35 | 40 | 42 | 59 | 49 |
| ROCE % | 16% | 15% | 16% | 14% |
Guidance history
How Bansal Wire Inds's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q2 FY27 call → | 20–40% | Flat | Planned | — | — |
| Q1 FY27 call → | 20–40% | Up 2%+ | Planned | — | — |
| Q1 FY27 call → | 20–40% | Flat | Planned | Planned | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
30 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −2.5% | 59% |
| Last 6 months | +0.8% | 56% |
| Last 3 months | −1.7% | 64% |
The price is 87.4% below its all-time high of ₹488.25 (6 Dec 2024). Stocks more than 20% below their peak have their score halved, so 59 became 30.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Bansal Wire Inds: 0.4 × 59 + 0.4 × 56 + 0.2 × 64 = 59, halved to 30 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 16 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Bansal Wire Inds's management said in earlier quarters
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