Bharat Wire Ropes Key Ratios
NSE: BHARATWIRE | BSE: 539799
₹186.99
As on 28-Aug-2026IST
Market cap
₹1,288 Cr
Revenue (TTM)
₹579 Cr
P/E Ratio
18.6
P/B Ratio
1.6
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -7.84 | -7.96 | -7.69 | -1.96 | 15.56 |
| EBIT | -19.47 | -21.94 | -5.35 | -8.81 | 38.41 |
| Net Profit | -25.73 | -21.63 | -1.24 | -2.24 | 94.94 |
| EPS | -25.73 | -21.63 | -1.39 | -3.36 | 56.84 |
| Book Value | -- | -- | 10.81 | 14.86 | 68.53 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 20.28 | 15.01 | 17.54 | 17.82 | 22.97 |
| Net Margin
| 12.57 | 6.87 | 11.90 | 11.68 | 15.47 |
| Return on equity
| 12.86 | 6.89 | 8.71 | 10.42 | 15.83 |
| Return on Capital
| 16.12 | 11.15 | -- | 13.39 | 18.72 |
| Return on Assets
| 9.48 | 5.60 | 7.10 | 8.09 | 12.03 |
| Debt to Equity (x)
| -- | -- | 0.05 | 0.18 | 0.20 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
13.39
|
18.72
|
16.25
|
5.78
|
|
Peer Median
|
--
|
16.84
|
19.95
|
19.68
|
--
|
ROE
8.71
Lower than Peers by 2.56
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
8.71
|
10.42
|
15.83
|
12.31
|
3.10
|
|
Peer Median
|
11.27
|
16.60
|
16.01
|
18.82
|
--
|
ROA
7.10
Higher than Peers by 0.07
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
7.10
|
8.09
|
12.03
|
8.34
|
1.92
|
|
Peer Median
|
7.03
|
8.12
|
10.37
|
10.94
|
--
|
EBIT Margin
17.54
Higher than Peers by 10.85
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
17.54
|
17.82
|
22.97
|
20.06
|
9.92
|
|
Peer Median
|
6.69
|
8.96
|
12.35
|
12.15
|
--
|
Net Margin
11.90
Higher than Peers by 5.62
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
11.90
|
11.68
|
15.47
|
10.56
|
3.32
|
|
Peer Median
|
6.28
|
3.40
|
4.54
|
4.72
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
15.25
|
18.90
|
14.07
|
8.55
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-7.69
Lower than Peers by 14.64
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
-7.69
|
-0.41
|
5.56
|
43.44
|
64.16
|
|
Peer Median
|
6.95
|
11.64
|
7.37
|
36.68
|
--
|
EBIT Growth
-5.35
Lower than Peers by 12.87
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
-5.35
|
-22.75
|
20.90
|
190.05
|
278.68
|
|
Peer Median
|
7.52
|
-3.21
|
33.83
|
63.34
|
--
|
Net Profit Growth
-1.24
Lower than Peers by 3.28
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
-1.24
|
-24.81
|
54.76
|
355.54
|
181.40
|
|
Peer Median
|
2.05
|
-4.09
|
73.71
|
49.38
|
--
|
EPS Growth
-1.39
Lower than Peers by 6.88
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
-1.39
|
-25.26
|
54.43
|
328.25
|
179.80
|
|
Peer Median
|
5.50
|
-11.02
|
--
|
57.14
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
11.47
|
17.32
|
24.24
|
4.49
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.05
Lower than Peers by 0.05
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
0.05
|
0.18
|
0.20
|
0.32
|
0.60
|
|
Peer Median
|
0.10
|
0.23
|
0.32
|
0.31
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
0.05
|
0.02
|
0.05
|
0.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
6.57
Higher than Peers by 4.17
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
6.57
|
4.57
|
7.55
|
3.82
|
1.96
|
|
Peer Median
|
2.40
|
2.07
|
1.97
|
1.87
|
--
|
Quick Ratio
4.81
Higher than Peers by 3.60
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
4.81
|
3.21
|
5.32
|
2.29
|
1.23
|
|
Peer Median
|
1.22
|
1.33
|
1.45
|
1.37
|
--
|
Interest Coverage
10.24
Higher than Peers by 4.26
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
10.24
|
8.34
|
9.72
|
5.35
|
1.77
|
|
Peer Median
|
5.98
|
6.63
|
8.75
|
7.35
|
--
|
Operating Efficiency
Debtors to sales
16.80
Higher than Peers by 2.85
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
16.80
|
14.00
|
12.73
|
8.09
|
9.72
|
|
Peer Median
|
13.95
|
13.79
|
12.87
|
15.77
|
--
|
Asset Turnover
0.60
Lower than Peers by 0.45
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
0.60
|
0.69
|
0.78
|
0.79
|
0.58
|
|
Peer Median
|
1.05
|
1.66
|
1.52
|
1.51
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
48.88
|
37.22
|
27.13
|
33.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
65.37
|
61.24
|
59.03
|
64.51
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
11.89
|
7.56
|
17.17
|
24.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
102.35
|
90.90
|
68.99
|
74.32
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
18.65
Lower than Peers by 10.96
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
18.65
|
18.22
|
19.47
|
16.90
|
31.76
|
|
Peer Median
|
29.61
|
27.59
|
37.31
|
17.72
|
--
|
Price / Book Value
1.56
Lower than Peers by 1.87
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
1.56
|
1.80
|
2.85
|
1.88
|
0.96
|
|
Peer Median
|
3.43
|
3.13
|
3.14
|
2.58
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
0.07
|
0.09
|
0.24
|
--
|
EV/EBITDA
10.56
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
10.56
|
10.82
|
12.13
|
8.78
|
11.15
|
|
Peer Median
|
--
|
21.71
|
21.47
|
17.74
|
--
|
Market Cap
1,288
Lower than Peers by 368
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Bharat Wire Ropes
|
1,288
|
1,320
|
1,876
|
1,052
|
434
|
|
Peer Median
|
1,657
|
859
|
781
|
560
|
--
|