Nifty

:

24282.20

Sensex

:

79981.96

158.35 (0.66%)
540.51 (0.68%)

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Nifty
Sensex

:
:

24282.20
79981.96

158.35 (0.66%)
540.51 (0.68%)

Bharat Wire Ropes Ltd.

Metal - Non Ferrous

Rating :

57/99

BSE: 539799 | NSE: BHARATWIRE

Watchlist

NSE BSE

268.30

02-Jul-2024

Open
High
Low
Previous Close

267.75
274.40
266.50
265.80

Volume
Traded Value (lacs)
52 Week High
52 Week Low

152452
412.07
400.60
170.75

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

1,835.89
19.08
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,959.80
N/A
2.78

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

21.76
19.61
33.04

EBITDA CAGR (%)

10 Years
5 Years
3 Years

32.65
49.35
33.74

PAT CAGR (%)

10 Years
5 Years
3 Years

45.15
-
-

P:E (Median)

8 Years
5 Years
3 Years

22.97
24.43
24.43

P:BV (Average)

8 Years
5 Years
3 Years

2.48
3.07
3.07

EV:EBITDA (Average)

8 Years
5 Years
3 Years

10.81
13.55
13.55

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var%
Net Sales 147.16 162.33 -9.35% 157.20 144.29 8.95% 159.09 149.67 6.29% 158.39 132.78 19.29%
Expenses 109.78 116.64 -5.88% 113.31 107.53 5.38% 117.46 118.43 -0.82% 117.27 107.64 8.95%
EBITDA 37.37 45.69 -18.21% 43.89 36.76 19.40% 41.63 31.23 33.30% 41.12 25.14 63.56%
EBIDTM 25.40% 28.14% 27.92% 25.48% 26.17% 20.87% 25.96% 18.93%
Other Income 0.22 0.16 37.50% 0.17 0.27 -37.04% 0.27 0.12 125.00% 0.16 0.12 33.33%
Interest 3.64 6.15 -40.81% 3.43 6.62 -48.19% 3.64 5.44 -33.09% 4.08 3.99 2.26%
Depreciation 5.32 5.21 2.11% 5.27 5.12 2.93% 5.33 5.19 2.70% 5.25 5.13 2.34%
PBT 28.63 34.48 -16.97% 35.37 25.30 39.80% 32.93 20.72 58.93% 31.96 16.13 98.14%
Tax 6.83 18.52 -63.12% 8.99 6.40 40.47% 8.48 5.36 58.21% 8.24 4.09 101.47%
PAT 21.80 15.96 36.59% 26.37 18.89 39.60% 24.45 15.36 59.18% 23.72 12.04 97.01%
PATM 14.82% 9.83% 16.78% 13.09% 15.37% 10.26% 14.97% 9.07%
EPS 3.21 2.35 36.60% 3.88 2.78 39.57% 3.60 2.26 59.29% 3.49 1.77 97.18%

Description Mar 24 Mar 23 Var% Dec 23 Dec 22 Var% Sep 23 Sep 22 Var% Jun 23 Jun 22 Var%
Net Sales 147.16 162.33 -9.35% 157.20 144.29 8.95% 159.09 0.00 0 158.39 0.00 0
Expenses 109.78 116.64 -5.88% 113.31 107.53 5.38% 117.46 0.00 0 117.26 0.00 0
EBITDA 37.37 45.69 -18.21% 43.89 36.76 19.40% 41.63 0.00 0 41.12 0.00 0
EBIDTM 25.40% 28.14% 27.92% 25.48% 26.17% 0.00% 25.96% 0.00%
Other Income 0.22 0.16 37.50% 0.17 0.27 -37.04% 0.27 0.00 0 0.16 0.00 0
Interest 3.64 6.15 -40.81% 3.43 6.62 -48.19% 3.64 0.00 0 4.08 0.00 0
Depreciation 5.32 5.21 2.11% 5.27 5.12 2.93% 5.33 0.00 0 5.25 0.00 0
PBT 28.63 34.48 -16.97% 35.37 25.30 39.80% 32.93 0.00 0 31.96 0.00 0
Tax 6.83 18.52 -63.12% 8.99 6.40 40.47% 8.47 0.00 0 8.25 0.00 0
PAT 21.80 15.96 36.59% 26.38 18.89 39.65% 24.46 0.00 0 23.70 0.00 0
PATM 14.81% 9.83% 16.78% 13.09% 15.38% 0.00% 14.97% 0.00%
EPS 3.19 2.35 35.74% 3.87 2.93 32.08% 3.59 0.00 0 3.50 0.00 0

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Net Sales 621.84 589.06 410.68 250.17 257.71 240.64 164.90 64.83 60.70 76.72 82.23 Net Sales Growth 5.56% 43.44% 64.16% -2.93% 7.09% 45.93% 154.36% 6.80% -20.88% -6.70% Cost Of Goods Sold 326.99 328.77 259.96 158.42 163.14 152.07 110.49 47.79 36.30 49.16 55.84 Gross Profit 294.85 260.30 150.72 91.76 94.58 88.57 54.41 17.04 24.40 27.56 26.39 GP Margin 47.42% 44.19% 36.70% 36.68% 36.70% 36.81% 33.00% 26.28% 40.20% 35.92% 32.09% Total Expenditure 457.82 450.25 348.50 217.73 228.75 221.96 147.79 58.73 52.58 67.48 74.00 Power & Fuel Cost - 51.12 39.52 20.73 22.57 22.97 10.04 1.11 1.48 1.59 1.58 % Of Sales - 8.68% 9.62% 8.29% 8.76% 9.55% 6.09% 1.71% 2.44% 2.07% 1.92% Employee Cost - 44.17 34.59 24.23 30.81 31.16 14.97 6.98 8.33 8.69 8.32 % Of Sales - 7.50% 8.42% 9.69% 11.96% 12.95% 9.08% 10.77% 13.72% 11.33% 10.12% Manufacturing Exp. - 0.21 0.23 0.98 0.22 1.28 0.86 0.08 2.44 2.28 1.63 % Of Sales - 0.04% 0.06% 0.39% 0.09% 0.53% 0.52% 0.12% 4.02% 2.97% 1.98% General & Admin Exp. - 11.98 7.03 8.34 7.73 9.34 4.90 1.49 1.97 2.02 1.98 % Of Sales - 2.03% 1.71% 3.33% 3.00% 3.88% 2.97% 2.30% 3.25% 2.63% 2.41% Selling & Distn. Exp. - 11.10 4.79 3.19 3.01 4.51 4.73 1.15 1.84 3.14 3.83 % Of Sales - 1.88% 1.17% 1.28% 1.17% 1.87% 2.87% 1.77% 3.03% 4.09% 4.66% Miscellaneous Exp. - 2.91 2.38 1.84 1.28 0.62 1.81 0.14 0.23 0.60 3.83 % Of Sales - 0.49% 0.58% 0.74% 0.50% 0.26% 1.10% 0.22% 0.38% 0.78% 1.00% EBITDA 164.01 138.81 62.18 32.44 28.96 18.68 17.11 6.10 8.12 9.24 8.23 EBITDA Margin 26.37% 23.56% 15.14% 12.97% 11.24% 7.76% 10.38% 9.41% 13.38% 12.04% 10.01% Other Income 0.82 0.67 0.58 0.67 0.53 1.30 20.73 3.27 0.00 0.00 0.06 Interest 14.79 22.20 23.39 34.23 89.69 73.01 25.18 2.56 3.61 3.71 3.47 Depreciation 21.17 20.66 21.44 21.69 21.80 21.03 12.35 3.89 2.29 2.45 2.40 PBT 128.89 96.63 17.93 -22.80 -82.00 -74.06 0.31 2.92 2.22 3.08 2.43 Tax 32.54 34.38 4.26 -6.02 -21.04 -29.50 0.06 0.48 0.87 0.76 0.93 Tax Rate 25.25% 35.58% 23.76% 26.40% 25.66% 39.83% 19.35% 16.44% 39.19% 70.37% 38.27% PAT 96.34 62.25 13.67 -16.79 -60.96 -44.56 0.25 2.44 1.34 0.33 1.50 PAT before Minority Interest 96.34 62.25 13.67 -16.79 -60.96 -44.56 0.25 2.44 1.34 0.33 1.50 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 15.49% 10.57% 3.33% -6.71% -23.65% -18.52% 0.15% 3.76% 2.21% 0.43% 1.82% PAT Growth 54.76% 355.38% - - - - -89.75% 82.09% 306.06% -78.00% EPS 14.17 9.15 2.01 -2.47 -8.96 -6.55 0.04 0.36 0.20 0.05 0.22

Description TTM Mar 23 Mar 22
Net Sales - 589.06 410.68 Net Sales Growth - 43.44% Cost Of Goods Sold - 328.77 259.96 Gross Profit - 260.30 150.72 GP Margin - 44.19% 36.70% Total Expenditure - 450.25 348.50 Power & Fuel Cost - 51.12 39.52 % Of Sales - 8.68% 9.62% Employee Cost - 44.17 34.59 % Of Sales - 7.50% 8.42% Manufacturing Exp. - 0.21 0.23 % Of Sales - 0.04% 0.06% General & Admin Exp. - 11.98 7.03 % Of Sales - 2.03% 1.71% Selling & Distn. Exp. - 11.10 4.79 % Of Sales - 1.88% 1.17% Miscellaneous Exp. - 2.91 2.38 % Of Sales - 0.49% 0.58% EBITDA - 138.81 62.18 EBITDA Margin - 23.56% 15.14% Other Income - 0.67 0.58 Interest - 22.20 23.39 Depreciation - 20.66 21.44 PBT - 96.63 17.93 Tax - 34.37 4.26 Tax Rate - 35.57% 23.76% PAT - 62.23 13.67 PAT before Minority Interest - 62.23 13.67 Minority Interest - 0.00 0.00 PAT Margin - 10.56% 3.33% PAT Growth - 355.23% EPS - 9.15 2.01

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Shareholder's Funds 560.17 451.71 435.16 39.05 99.71 143.29 140.73 138.30 70.71 69.15 Share Capital 67.90 63.83 62.57 44.95 44.95 44.95 44.95 44.95 29.40 29.40 Total Reserves 492.27 387.03 368.92 -9.56 51.39 95.91 95.78 93.34 41.31 39.75 Non-Current Liabilities 134.93 164.24 167.30 237.06 337.43 442.53 379.43 204.76 39.37 27.07 Secured Loans 119.72 133.12 139.20 201.11 268.13 355.33 301.51 122.80 0.00 1.67 Unsecured Loans 22.94 73.39 75.15 77.39 89.69 78.38 47.44 50.62 18.25 0.00 Long Term Provisions 2.81 2.51 2.09 1.72 1.74 1.43 1.10 0.84 0.62 0.44 Current Liabilities 71.86 109.80 91.67 429.79 304.41 150.62 79.09 73.94 41.94 45.74 Trade Payables 17.82 31.29 10.97 10.81 31.77 37.43 19.58 9.11 13.63 18.09 Other Current Liabilities 25.44 22.78 25.38 291.29 162.16 61.38 38.11 42.87 5.91 8.32 Short Term Borrowings 28.13 55.23 55.00 127.38 110.24 51.42 21.16 21.82 22.24 19.26 Short Term Provisions 0.47 0.50 0.32 0.32 0.24 0.38 0.24 0.14 0.16 0.08 Total Liabilities 766.96 725.75 694.13 705.90 741.55 736.44 599.25 417.00 152.02 141.96 Net Block 481.19 491.50 512.68 538.63 560.39 565.57 340.09 65.05 65.80 67.25 Gross Block 600.49 590.10 589.96 594.74 595.11 580.96 344.31 85.75 84.13 83.13 Accumulated Depreciation 119.30 98.59 77.28 56.11 34.72 15.40 4.22 20.70 18.33 15.89 Non Current Assets 492.82 510.28 526.05 551.92 572.34 576.39 503.30 285.46 94.23 75.75 Capital Work in Progress 3.49 0.42 0.62 0.54 0.61 2.15 142.08 159.39 11.37 7.86 Non Current Investment 2.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 5.74 18.36 10.58 10.58 10.62 8.42 21.00 61.01 17.06 0.64 Other Non Current Assets 0.00 0.00 2.17 2.17 0.73 0.25 0.13 0.00 0.00 0.00 Current Assets 274.13 215.47 168.08 153.99 169.21 160.04 95.95 131.54 57.80 66.21 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 110.07 80.45 64.72 77.65 88.86 73.45 43.71 34.42 38.54 37.05 Sundry Debtors 47.67 39.90 36.28 29.39 36.17 23.23 16.93 16.88 14.18 22.33 Cash & Bank 8.73 3.21 5.35 3.44 4.44 25.70 2.42 72.00 1.81 1.86 Other Current Assets 107.67 0.86 0.84 0.60 39.74 37.66 32.88 8.23 3.27 4.97 Short Term Loans & Adv. 106.93 91.05 60.89 42.91 38.52 36.17 32.46 7.55 2.83 4.74 Net Current Assets 202.28 105.67 76.41 -275.80 -135.20 9.42 16.86 57.60 15.85 20.47 Total Assets 766.95 725.75 694.13 705.91 741.55 736.43 599.25 417.00 152.03 141.96

Description Mar 23 Mar 22
Shareholder's Funds 560.15 451.71 Share Capital 67.90 63.83 Total Reserves 492.25 387.03 Non-Current Liabilities 134.93 164.24 Secured Loans 119.72 133.12 Unsecured Loans 22.94 73.39 Long Term Provisions 2.81 2.51 Current Liabilities 71.86 109.80 Trade Payables 17.82 31.29 Other Current Liabilities 25.44 22.78 Short Term Borrowings 28.13 55.23 Short Term Provisions 0.47 0.50 Total Liabilities 766.94 725.75 Net Block 481.19 491.50 Gross Block 600.49 590.10 Accumulated Depreciation 119.30 98.59 Non Current Assets 492.80 510.28 Capital Work in Progress 3.49 0.42 Non Current Investment 2.39 0.00 Long Term Loans & Adv. 5.74 18.36 Other Non Current Assets 0.00 0.00 Current Assets 274.13 215.47 Current Investments 0.00 0.00 Inventories 110.07 80.45 Sundry Debtors 47.67 39.90 Cash & Bank 8.73 3.21 Other Current Assets 107.67 0.86 Short Term Loans & Adv. 106.93 91.05 Net Current Assets 202.28 105.67 Total Assets 766.93 725.75

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Cash From Operating Activity 83.23 23.65 -244.19 150.90 82.77 31.86 17.01 36.13 -6.33 7.87 PBT 96.63 17.93 -22.80 -82.00 -74.06 0.31 2.92 2.22 3.08 2.43 Adjustment 43.73 45.28 56.17 111.85 94.67 40.31 3.59 6.01 6.16 6.54 Changes in Working Capital -56.76 -39.38 -277.56 121.05 62.17 -8.76 10.50 28.64 -14.64 -0.88 Cash after chg. in Working capital 83.60 23.82 -244.19 150.90 82.77 31.86 17.01 36.87 -5.40 8.09 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -0.37 -0.17 0.00 0.00 0.00 0.00 0.00 -0.75 -0.93 -0.22 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -13.47 -0.41 -1.35 -0.25 -14.34 -98.42 -258.79 -193.08 -4.51 -1.87 Net Fixed Assets -13.46 0.06 4.70 0.44 -12.61 -96.72 -241.25 -149.64 -4.51 -4.69 Net Investments -2.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.84 Others 2.40 -0.47 -6.05 -0.69 -1.73 -1.70 -17.54 -43.44 0.00 1.98 Cash from Financing Activity -64.24 -25.39 247.44 -151.65 -89.70 89.83 172.33 227.14 10.79 -12.55 Net Cash Inflow / Outflow 5.52 -2.15 1.91 -0.99 -21.26 23.27 -69.45 70.19 -0.05 -6.54 Opening Cash & Equivalents 3.21 5.35 3.44 4.44 25.70 2.42 71.87 1.81 1.86 8.40 Closing Cash & Equivalent 8.73 3.21 5.35 3.44 4.44 25.70 2.42 72.00 1.81 1.86

Description Mar 23 Mar 22
Cash From Operating Activity 83.21 23.65 PBT 96.61 17.93 Adjustment 43.71 45.28 Changes in Working Capital -56.74 -39.38 Cash after chg. in Working capital 83.58 23.82 Interest Paid 0.00 0.00 Tax Paid -0.37 -0.17 Other Direct Exp. Paid 0.00 0.00 Extra & Other Items 0.00 0.00 Cash From Investing Activity -13.47 -0.41 Net Fixed Assets -13.46 Net Investments -2.41 Others 2.40 Cash from Financing Activity -64.22 -25.39 Net Cash Inflow / Outflow 5.52 -2.15 Opening Cash & Equivalents 3.21 5.35 Closing Cash & Equivalent 8.73 3.21

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14
Book Value (Rs.) 82.50 70.63 68.96 7.87 21.43 31.34 31.31 30.77 24.05 23.52 ROA 8.34% 1.92% -2.40% -8.42% -6.03% 0.04% 0.48% 0.47% 0.22% 1.04% ROE 12.31% 3.10% -7.19% -92.55% -37.57% 0.18% 1.75% 1.28% 0.47% 2.20% ROCE 16.25% 5.78% 1.61% 1.08% -0.15% 4.32% 1.29% 2.61% 4.57% 5.89% Fixed Asset Turnover 0.99 0.70 0.42 0.43 0.41 0.36 0.33 0.78 1.00 1.07 Receivable days 27.13 33.85 47.90 46.42 45.05 43.65 86.83 85.62 79.84 88.78 Inventory Days 59.03 64.51 103.86 117.92 123.10 127.34 200.63 201.14 165.31 148.98 Payable days 17.17 24.04 22.19 20.07 24.49 35.70 83.00 80.04 85.12 87.17 Cash Conversion Cycle 68.99 74.32 129.57 144.27 143.65 135.29 204.45 206.73 160.03 150.59 Total Debt/Equity 0.32 0.60 0.63 19.05 6.33 3.73 2.64 1.42 0.60 0.40 Interest Cover 5.35 1.77 0.33 0.09 -0.01 1.01 2.14 1.61 1.29 1.70

Description Mar 23 Mar 22
Book Value (Rs.) 82.50 70.63 ROA 8.34% 1.88% ROE 12.31% 3.03% ROCE 16.25% 5.73% Fixed Asset Turnover 0.99 0.70 Receivable days 27.13 35.46 Inventory Days 59.03 71.50 Payable days 17.17 32.68 Cash Conversion Cycle 68.99 74.29 Total Debt/Equity 0.32 0.60 Interest Cover 5.35 1.77

Top Investors:

authum investment and infrastructure limited

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Annual Reports:

News Update:

Bharat Wire Ropes to sell 26.72% stake held in Mitcon Solar Alliance
29th Jun 2024, 15:54 PM

The Board of Directors of the Company at their meeting held on June 28, 2024 has approved the same
Read More
Bharat Wire Ropes - Quarterly Results
30th Apr 2024, 14:56 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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