Bansal Wire Industries Completes Full Utilization of Rs 7,450 Million IPO Proceeds Jul 25, 2025
Bansal Wire Industries Reports 24.6% Surge in Q1 Net Profit Jul 22, 2025
More news about Bansal Wire Industries
22Jul 25
Bansal Wire Industries Reports Strong Q1 Results, Appoints New Auditors and Dissolves IPO Committee
Bansal Wire Industries Limited, India's largest stainless steel wire manufacturer, reported robust Q1 FY2026 results. Consolidated net profit increased to ₹392.79 crore, while revenue rose to ₹9,390.07 crore. The company's board approved quarterly results, appointed new auditors, and dissolved the IPO committee. Bansal Wire's performance reflects its integrated operations and focus on India's infrastructure growth.
21Jul 25
Bansal Wire Unveils ₹650 Crore Investment Plan for Sanand Facility Expansion
Bansal Wire Industries, a leading steel wire manufacturer, has unveiled a growth strategy centered on a ₹650 crore investment in its Sanand facility. The plan aims to expand specialty wire operations, increase production capacity at the Dadri plant, and develop the Sanand facility in Gujarat. The investment focuses on securing raw material supply, improving cost efficiency, and enhancing sustainability. Recent financial results show strong performance with revenue at ₹9,390.07 million (+14.9% YoY), net profit at ₹392.79 million (+24.6% YoY), and EBITDA at ₹744.60 million (+19.6% YoY). The company, India's largest stainless steel wire manufacturer by volume, is targeting high-growth, high-value markets in specialty wire segments.
21Jul 25
Bansal Wire Industries Posts Strong Q1 Results: Net Profit Surges 24.8% to ₹393 Crore
Bansal Wire Industries Limited reported robust Q1 FY2026 financial results. Consolidated revenue increased by 14.5% to ₹9,390.07 crore, while net profit surged 24.8% to ₹393.00 crore. EBITDA rose to ₹718.00 crore with an improved margin of 7.65%. The company also announced new appointments for Secretarial, Cost, and Internal Auditors, reinforcing its commitment to corporate governance.
11Jul 25
Bansal Wire Sets Ambitious Growth Targets for FY26
Bansal Wire Industries has announced its strategic growth plans for FY26, targeting 25-30% volume growth and aiming for value-added products to contribute 20-25% of total revenue. The company also projects a 10% EBITDA growth, indicating a focus on expansion, product innovation, and operational efficiency in the wire manufacturing sector.
26Jun 25
Bansal Wire Industries Faces ₹395 Crore GST Show Cause Notice
Bansal Wire Industries, a major wire manufacturer, has received a show cause notice from GST authorities involving ₹395.00 crore in GST interest and penalties. The company is expected to respond to the notice, which could have significant financial and regulatory implications. No official statement has been released by the company's management yet.
20May 25
Bansal Wire Industries: Q4 Profit Soars 41% to ₹33 Crore
Bansal Wire Industries has released its Q4 financial results, showing significant growth. Consolidated revenues increased by 33% year-on-year to ₹940.00 crore, up from ₹707.00 crore. Consolidated profit after tax rose by 41% to ₹33.00 crore from ₹23.40 crore in the previous year. Despite strong results, the company's stock is trading 1.14% lower at ₹398.00.
18Mar 25
Bansal Wire Industries' Subsidiary Secures 170,000 sq m Plot in Gujarat for New Manufacturing Facility
Bansal Wire Industries Ltd's subsidiary, BWI Steel Private Ltd, has been allotted a 170,000 square meter industrial plot by Gujarat Industrial Development Corporation in Sanand-II Industrial Estate. The land agreement was executed on March 17, 2025, following a possession receipt dated February 27, 2025. This acquisition is intended for setting up a new plant and manufacturing unit, signaling a significant expansion move for the company.