BANSALWIREIndustrials

Bansal Wire Industries Limited

Iron & Steel Products · ISIN INE0B9K01025 · BSE 544209 · NSE EQ · FV ₹5
Last price
₹313
+1.99%today
What this company does

Bansal Wire Industries Limited operates in Iron & Steel Products, part of the Industrials sector. It booked ₹1,168 cr of revenue in its latest quarter (Q1 FY27) and kept 1.8% of sales as profit.

LEADING THE COUNTRY’S STEEL- WIRE INDUSTRY Bansal Wire Industries Limited is one of India’s leading steel wire companies, recognised as the largest stainless steel wire manufacturer and the second- largest steel wire producer by volume.
Their stated vision

to become India’s largest and most respected steel wire company.

Their stated mission

is to become India’s largest serve the tyre industry, expanding into high-value and most respected provider of customised steel wire solutions, products like steel tyre cord, and strengthening and every step we take is aligned with this goal.

In the report:
46out of 100
Equitytale Health Score
Mixed

Healthier than 46% of companies in Industrials, on the 5 of 6 measures we could read for it. Each measure is ranked against the 51–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
47

At close. Not part of the score.

Profitability & returns31

How much profit it earns on the money it employs

Balance sheet40

How much it owes, and whether earnings cover the interest

Cash quality82

Whether reported profit actually arrives as cash

Valuation6

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 24% vs last year
Promoters hold 75%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 1.8% net margin
! Profit down 48% vs last year
! Low 5.7% return on equity

What if I invest in BANSALWIRE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹313 +1.99%
latest close · 2026-09-17
52-wk low ₹29342 sessions so far52-wk high ₹352
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio59.8High
LowAverageHigh
P/B ratio3.43High
Below bookModerateHigh
EV / EBITDA24.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.7%Weak
WeakFairStrong ▸15%
Return on capital10.2%Fair
WeakFairStrong
Net margin1.8%Thin
ThinDecentStrong
EBITDA margin4.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.39Comfortable
LowModerateHigh ▸1
Interest cover2.7×Okay
RiskyOkayStrong ▸5×
Current ratio1.64Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹4,904 cr
Book value
₹91
EPS
₹1.31
latest quarter
Net debt
₹550 cr
owes more than its cash
Enterprise value
₹5,454 cr
EBITDA
₹227 cr
annualised
EBIT
₹166 cr
annualised
Operating margin
3.6%
Return on assets
3.3%
Earnings yield
1.67%
P/S
1.05
Sales / share
₹298.4
Tax rate
21.4%
Face value
₹5
Shares
15.7 cr
Working capital
₹566 cr
Current assets
₹1,456 cr
Current liabilities
₹890 cr
Delivery %
58.6%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹132 vs market price ₹313 — price is 137% above it
Safety cushion-137.0%(target ≥ +20%)
Models span ₹67₹197, midpoint ₹132
Model ₹132
Price ₹313
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹1,168 cr
Other Income₹34.9 L
Total Income₹1,168 cr
Cost of Materials₹921 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹20 cr
Employee Benefit Expense₹47 cr
Finance Costs₹15 cr
Depreciation & Amortisation₹15 cr
Other Expenses₹124 cr
Total Expenses₹1,142 cr
Profit before Tax₹26 cr
Tax Expense₹6 cr
Net Profit₹20 cr
Net margin on total income1.8%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹941 cr80.5%
Employee benefit expense₹47 cr4.0%
Finance costs₹15 cr1.3%
Depreciation & amortisation₹15 cr1.3%
Other expenses₹124 cr10.6%
Tax expense₹6 cr0.5%
Profit for the period₹20 cr1.8%
Total income ₹1,168 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue1,029 cr1,136 cr1,168 cr
Total income1,031 cr1,140 cr1,168 cr
Expenses973 cr1,089 cr1,142 cr
Profit before tax56 cr50 cr26 cr
Tax13 cr10 cr6 cr
Net profit (owners' share)43 cr40 cr20 cr
Net margin (owners' share, on revenue)4.2%3.5%1.8%
EPS (₹)2.762.561.31
YoY (latest quarter): total income +24.1% · net profit -47.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹2,517 cr
Shareholder equity
₹1,431 cr
parent shareholders
Total debt
₹552 cr
Cash
₹2 cr
Cash flow · H1 FY26
Operating
₹148 cr
Investing
₹-109 cr
Financing
₹-40 cr
Peer comparison
Iron & Steel Products · by market value
CompanyPriceMarket capP/E
Welspun Corp Limited₹2,460₹64,903 cr15.5
APL Apollo Tubes Limited₹2,149₹59,664 cr56.7
Shyam Metalics and Energy Limited₹1,077₹29,982 cr21.4
Ratnamani Metals & Tubes Limited₹2,703₹18,943 cr57.6
Jindal Saw Limited₹291₹18,622 cr44.7
Usha Martin Limited₹496₹15,122 cr26.6
Godawari Power And Ispat limited₹238₹14,709 cr16.6
Gallantt Ispat Limited₹538₹12,974 cr26.2
Maharashtra Seamless Limited₹720₹9,651 cr9.1
Same industry · latest reported numbers · not a recommendation.
Who owns it · 2026-06-30
No pledge
Promoter
75.0%
FII / Foreign
2.0%
DII / Domestic
15.6%
Retail / others
7.4%
Promoter stake down 3.0% over the last 10 quarters.
Smart-money activity
Bulk / block deals
SoldMRINAAL MITTAL · NSE46.83 L @ ₹30925 Jun 26
BoughtMALABAR INDIA FUND LIMITED · NSE8.09 L @ ₹30925 Jun 26
BoughtINVESCO MUTUAL FUND · NSE20.94 L @ ₹30925 Jun 26
Stake changes
SoldMrinaal Mittal · promoter→ 1.08% · 46.83 L25 Jun 26
BoughtInvesco Mutual Fund under it's following Scheme: 1) Invesco India Business Cycle fund→ 5.39% · 7.48 L11 May 26
BoughtInvesco mutual Fund Undter its Following scheme: Invesco Inida business Cycle fund→ 5.39% · 7.48 L11 May 26
What shareholders were asked to approve
1 proposal passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 19 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Standalone Financial Statements (including Audited Consolidated Financial Statement) of the Company for the Financial Year ended March 31, 2025, the Report of Board of Directors and Auditors of the Company thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.75 cr votes for, 156 against · 0% of mutual funds and other big investors said no
2
To appoint a director in place of Shri Umesh Kumar Gupta (DIN- 06579602), Whole Time Director who retires by rotation, and being eligible, offers himself for re-appointment.
Backed by 100% of shareholders other than promotersneeded 50%
2.75 cr votes for, 414 against · 0% of mutual funds and other big investors said no
3
Ratification of Remuneration of Ashish & Associates, Cost Accountants, appointed as Cost Auditor of the Company
Backed by 100% of shareholders other than promotersneeded 50%
2.75 cr votes for, 371 against · 0% of mutual funds and other big investors said no
4
To appoint M/s Ranjit Tripathi & Associates, Practising Company Secretaries as the Secretarial Auditor of the Company for a term of 5 consecutive years
Backed by 100% of shareholders other than promotersneeded 50%
2.75 cr votes for, 371 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 52 named members
owning 75.0% between them · as of 2026-06-30
ANITA GUPTA19.74%
ARUN GUPTA19.63%
ARUN KUMAR GUPTA (HUF)11.72%
PRANAV BANSAL8.83%
SHIVAM WIRES PVT LTD4.01%
MANGLAM WIRES PRIVATE LIMITED3.34%
BANSAL STRIPS PVT LTD2.68%
SONAKSHI BANSAL2.30%
Business done with them
FY2025 · 14 of the group
The company paid ₹782 cr to companies in the promoter group last year — about 22.3% of its ₹3,507 cr revenue and received ₹222 cr back from them.
Bansal High Carbons Private Limited
Bought goods from them · Sales, Purchase, Job Work Charge Paid, Other Service Charge, Rent Received, Rent Paid, Corporate Guarantee Charges
₹395 cr
company paid
Bansal Aradhya Steel Private Limited
Bought goods from them · Sales, Purchase
₹189 cr
company paid
Bansal High Carbons Private Limited
Sold goods to them · Sales, Purchase, Job Work Charge Paid, Other Service Charge, Rent Received, Rent Paid, Corporate Guarantee Charges
₹78 cr
company received
Balaji Wires Private Limited
Bought goods from them · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹76 cr
company paid
Balaji Wires Private Limited
Sold goods to them · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹75 cr
company received
Bansal Enterprises INC
Sold goods to them · Sales, Commission, Sales/Business Promotion Expenses
₹38 cr
company received
Balaji Wires Private Limited
Paid them for services · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹34 cr
company paid
Balaji Wires Private Limited
Bought property or assets from them · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹31 cr
company paid
Bansal High Carbons Private Limited
Bought property or assets from them · Sales, Purchase, Job Work Charge Paid, Other Service Charge, Rent Received, Rent Paid, Corporate Guarantee Charges
₹25 cr
company paid
Paramhans Wires Private Limited
Sold goods to them · Sales, Purchase
₹23 cr
company received
Bansal High Carbons Private Limited
Paid them for services · Sales, Purchase, Job Work Charge Paid, Other Service Charge, Rent Received, Rent Paid, Corporate Guarantee Charges
₹15 cr
company paid
Bansal Aradhya Steel Private Limited
Sold goods to them · Sales, Purchase
₹6 cr
company received
Pranav Bansal
Other payments to them · Interest, Remuneration
also owns 8.83% of the company
₹4 cr
company paid
Arun Gupta
Other payments to them · Rent, Interest, Remuneration
also owns 19.63% of the company
₹4 cr
company paid
Manglam Wires Private Limited
Paid them for services · Sales, Job Work Charge Paid
also owns 3.34% of the company
₹3 cr
company paid
Kuntek Fasteners Private Limited
Sold goods to them · Sales
₹1 cr
company received
Bansal Strips Pvt ltd
Other payments to them · Interest Paid
also owns 2.68% of the company
₹1 cr
company paid
Bansal Enterprises INC
Other payments to them · Sales, Commission, Sales/Business Promotion Expenses
₹86.6 L
company paid
Sonakshi Bansal
Other payments to them · Interest, Remuneration
also owns 2.30% of the company
₹84.7 L
company paid
Bansal Aradhya Steel Private Limited
Bought property or assets from them · Sales, Purchase
₹55.6 L
company paid
Anita Gupta
Other payments to them · Interest
also owns 19.74% of the company
₹32.5 L
company paid
Balaji Wires Private Limited
Sold property or assets to them · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹20.1 L
company received
Manglam Wires Private Limited
Sold goods to them · Sales, Job Work Charge Paid
also owns 3.34% of the company
₹19.4 L
company received
Shyam Sunder Arun Kumar Private Limited
Other payments to them · Intertest Paid
also owns 0.76% of the company
₹19 L
company paid
Manishi Towers Private Limited
Other payments to them · Interest Paid
also owns 0.89% of the company
₹17 L
company paid
Paramhans Wires Private Limited
Bought goods from them · Sales, Purchase
₹6.1 L
company paid
Balaji Wires Private Limited
Provided services to them · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹6 L
company received
Balaji Wires Private Limited
Other payments to them · Sales, Purchase, Job Work Charge, Services Chaarge, Rent Paid
₹4.8 L
company paid
Paramhans Wires Private Limited
Bought property or assets from them · Sales, Purchase
₹1.5 L
company paid
Bansal High Carbons Private Limited
Other payments to them · Sales, Purchase, Job Work Charge Paid, Other Service Charge, Rent Received, Rent Paid, Corporate Guarantee Charges
₹1.2 L
company paid

The company also transacted with 11 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.