Bharat Wire Ropes Limited has announced its 137th Board Meeting to review and approve the company's third quarter financial performance for fiscal year 2026. The meeting represents a key milestone in the company's quarterly reporting cycle and regulatory compliance obligations.

Board Meeting Details

The company has scheduled its 137th Board Meeting for Monday, February 02, 2026 at 04:30 P.M. (IST). The meeting will be held at the corporate office located at 10th Floor, Times Tower, Kamla City, Senapati Bapat Marg, Lower Parel (West), Mumbai-400013.

Meeting Agenda

The Board of Directors will address several critical items during the meeting:

• Financial Results Review: Consideration and approval of unaudited financial results for the quarter ended December 31, 2025
• Auditor's Report: Review of the limited review report prepared by the company's auditor for Q3FY26
• Regulatory Compliance: Ensuring adherence to SEBI listing obligations and disclosure requirements

Trading Window Restrictions

In accordance with the company's Code of Conduct for Prevention of Insider Trading and SEBI (Prohibition of Insider Trading) Regulations, 2015, Bharat Wire Ropes Limited has implemented trading restrictions on its securities. The trading window was closed from January 01, 2026 and will remain closed until 48 hours after the declaration of financial results for the quarter ended December 31, 2025.

Corporate Information

The announcement was made through official communication to both National Stock Exchange of India Limited (NSE Symbol: BHARATWIRE) and BSE Limited (Scrip Code: 539799). The notification was signed by Govinda Soni, Company Secretary and Compliance Officer, on January 23, 2026.

Bharat Wire Ropes Limited operates from multiple locations including its registered office and factory at MIDC, Chalisgaon Industrial Area in Maharashtra, and an additional manufacturing facility at Atgaon Industrial Complex on the Mumbai-Nasik Highway.

Bharat Wire Ropes Limited (BWR), a leading manufacturer of specialty steel wire ropes, has reported a robust performance in the second quarter of fiscal year 2026. The company's financial results demonstrate steady growth and improved profitability, reflecting its strategic focus on the domestic market and competitive pricing.

Revenue and Profitability

BWR posted revenue of INR 1,646.00 million in Q2 FY26, marking an 8.1% increase year-on-year. This growth can be attributed to the company's enhanced focus on the domestic market and its competitive pricing strategy. The company's EBITDA margins showed significant improvement, rising to 23.33% from 22.08% in the previous year, indicating better operational efficiency.

Financial Highlights

The company's profit after tax (PAT) for Q2 FY26 stood at INR 221.00 million, representing a substantial 16.9% increase from the same period last year. The PAT margin also improved by 101 basis points to reach 13.43%.

Market Expansion and Export Growth

BWR has successfully expanded its presence in the American market. The company's sales to the US have increased from 8% to 13% of its total revenue, demonstrating the growing acceptance of BWR's product quality in international markets.

Strategic Focus

BWR's management has implemented a strategy to strengthen its market position by enhancing focus on the domestic market. The company has begun operating on a stock-and-sale basis in select segments of the Indian market, which has contributed to its revenue growth.

Operational Efficiency

The company's improved profitability can be attributed to its continued focus on higher value-added products, cost control measures, and operational efficiency. These factors have helped BWR maintain healthy profit margins.

Future Outlook

With its strong performance in Q2 FY26, Bharat Wire Ropes Limited appears well-positioned for future growth. The company's ability to expand its US market share suggests potential for further international expansion. Additionally, its focus on the domestic market and operational efficiency improvements indicate a solid foundation for sustained profitability.

As BWR continues to navigate the evolving market dynamics, investors and industry observers will be watching closely to see how the company capitalizes on its current momentum in the global steel wire rope industry.