Bharat Wire Ropes Ltd (BHARATWIRE) — shareholding pattern, promoter holding, financials and share price
About Bharat Wire Ropes Ltd (BHARATWIRE)
Bharat Wire Ropes Ltd operates in the Iron & Steel Products industry, within the Capital Goods sector. It trades on the NSE as BHARATWIRE and on the BSE under scrip code 539799. Its ISIN is INE316L01019.
Bharat Wire Ropes Limited is engaged in the business of manufacturing Steel Wire, Wire Ropes, Strands and Slings. [1]
Bharat Wire Ropes Limited is one of India’s largest integrated manufacturers of steel wire, strands, slings and steel wire ropes, operating two plants with combined installed capacity of about 72,000 MTPA and exporting to over 55 countries while serving sectors including oil & gas, mining, shipping, elevators, cranes and infrastructure.
Despite a 12.3% year‑on‑year decline in Q3‑FY26 volumes, Bharat Wire Ropes improved profitability by shifting sales mix toward higher value‑added and finer ropes, delivering Q3 EBITDA margin expansion to 22.83% (up 491 bps YoY) and PAT margin improvement to 12.75%, reflecting disciplined cost control and product mix premiumization.
Listed peers in Iron & Steel Products: Steel Exchange India Ltd, Electrotherm (India) Ltd, Mahamaya Steel Industries Ltd, Aeroflex Enterprises Ltd, Manaksia Coated Metals & Industries Ltd, Ratnaveer Precision Engineering Ltd.
Valuation & Returns
10 Jul 2026At ₹216.1 a share on 10 Jul 2026, Bharat Wire Ropes Ltd (BHARATWIRE) was valued at a price-to-earnings ratio of 15.41x against an industry P/E of 37x and a price-to-book of 2.24x on a book value of ₹96.32 per share as of Mar 2024. Solomo computes return on equity of 14.56% and return on capital employed of 18.1% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2023 to Mar 2024.
- P/E
- 15.41x
- Industry P/E
- 37x
- P/B
- 2.24x
- EPS (TTM)
- ₹14.03
- Book value / share
- ₹96.32
- ROE
- 14.56%
- ROCE
- 18.1%
- ROA
- 11.77%
- Debt / equity
- 0.2x
- Dividend yield
- 0%
- EBITDA margin
- 26.48%
- 52-week range
- ₹213.7 – ₹219.45
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2024In the year ended Mar 2024, Bharat Wire Ropes Ltd (BHARATWIRE) reported revenue of ₹622 crore, net profit of ₹96 crore and earnings per share of ₹14.14. That compares with revenue of ₹589 crore and net profit of ₹62 crore in Mar 2023. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2024, revenue was ₹147 crore and net profit ₹22 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|
| Revenue (₹ cr) | 411 | 589 | 622 |
| Net profit (₹ cr) | 14 | 62 | 96 |
| EPS (₹) | 2.14 | 9.17 | 14.14 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 28.20% | 19.17% | 14.68% | 5.56% |
| Profit growth | 55.75% | - | 74.36% | 54.59% |
| Stock price CAGR | 17% | 21% | 1% | -5% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 41.27% of Bharat Wire Ropes Ltd (BHARATWIRE) (unchanged from the previous quarter), foreign institutional investors (FII) hold 2.06% and domestic institutional investors (DII) hold 19%. Promoters have pledged 51% of their holding. Market capitalisation was ₹1,482 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2016.
Largest disclosed public shareholders in Jun 2026: AUTHUM INVESTMENT AND INFRASTRUCTURE LIMITED 18.78%, ALPANA S DANGI 4.99%, LLOYDS METALS AND ENERGY 3.35%, HUF 2.28%, LLOYDS ENTERPRISES LIMITED 2%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 41.27% | 51% | 2.06% | 19% | 58.73% |
| Mar 2026 | 41.27% | 51% | 4.42% | 0.32% | 58.73% |
| Dec 2025 | 41.27% | 51% | 2.34% | 0.87% | 58.73% |
| Sep 2025 | 41.27% | 51% | 2.07% | 2.6% | 58.73% |
| Jun 2025 | 41.27% | 51% | 2.71% | 2.61% | 58.73% |
| Mar 2025 | 41.35% | 50.9% | 2.83% | 2.6% | 58.65% |
| Dec 2024 | 41.24% | 48.9% | 3.13% | 2.6% | 58.76% |
| Sep 2024 | 40.93% | 49.3% | 3.15% | 2.6% | 59.07% |