Latest news about Bharat Wire Ropes
Bharat Wire Ropes
218.80
+0.50(+0.23%)
Company Performance:
View Company Insights1D+0.23%
1M-1.42%
6M+15.64%
1Y+14.05%
5Y+270.85%
More news about Bharat Wire Ropes
01Apr 26
Bharat Wire Ropes Whole Time Director Resigns Effective March 31st, 2026
Bharat Wire Ropes Limited announced the resignation of Whole Time Director Mr. Venkateswararao Laxmanamurty kandikuppa, effective March 31st, 2026, due to personal reasons and other commitments. The company has complied with SEBI Listing Regulations by informing stock exchanges and ensuring proper documentation through Company Secretary Govinda Soni. The resignation follows established regulatory frameworks and includes all necessary statutory filings and disclosures.
07Mar 26
Bharat Wire Ropes Limited Appoints M/s. Borkar & Muzumdar as Statutory Auditor
Bharat Wire Ropes Limited's board of directors approved the appointment of M/s. Borkar & Muzumdar, Chartered Accountants as statutory auditor during a meeting held on March 7, 2026. The appointment fills a casual vacancy caused by the resignation of M/s. CNK & Associates LLP and is subject to shareholder approval at the upcoming General Meeting. M/s. Borkar & Muzumdar brings over 75 years of experience and operates with 19 partners supported by over 230 staff members, serving diverse clients including banks, NBFCs, and insurance companies.
17Feb 26
Bharat Wire Ropes Q3 FY26 Results: Revenue Declines but Profitability Improves on Value-Added Product Focus
Bharat Wire Ropes Limited's Q3 FY26 results demonstrated the success of its value-added product strategy, with revenue declining 11.7% to INR 1,428 Mn but EBITDA margins expanding 491 basis points to 22.83% and PAT growing 22.1% to INR 182 Mn. The nine-month performance showed steady growth with revenue at INR 4,491 Mn and improved profitability metrics across all parameters, reflecting the company's strategic focus on higher-margin products despite lower volumes.
02Feb 26
Bharat Wire Ropes Q3FY26: EBITDA Surges to ₹327 Crores, Margin Expands to 22.80%
Bharat Wire Ropes delivered exceptional Q3FY26 performance with EBITDA growing to ₹327 crores from ₹290 crores YoY and margin expansion to 22.80% from 17.90%. Despite revenue declining 11.72% to ₹14,281.80 lakhs, net profit surged 22.61% to ₹1,824.86 lakhs through effective cost management and operational efficiency improvements.
23Jan 26
Bharat Wire Ropes Limited Schedules 137th Board Meeting for Q3FY26 Financial Results on February 02, 2026
Bharat Wire Ropes Limited has scheduled its 137th Board Meeting for February 02, 2026 to consider Q3FY26 unaudited financial results for the quarter ended December 31, 2025. The meeting will be held at 04:30 P.M. (IST) at the company's Mumbai corporate office. The board will also review the limited review report by the company's auditor. Trading window for the company's securities was closed from January 01, 2026 and will reopen 48 hours after the financial results declaration, in compliance with SEBI insider trading regulations.
08Jan 26
Bharat Wire Ropes: Promoters Acquire Additional CCPS from Export-Import Bank
Bharat Wire Ropes Limited has witnessed multiple CCPS acquisitions with promoters purchasing 1,124 unlisted CCPS from Export-Import Bank of India and Lloyds Metals earlier acquiring 14,569 CCPS from Union Bank and Central Bank of India. These transactions are part of the original 38,266 CCPS allotted to banking consortium for ₹382.66 crore loan conversion under resolution plan in FY 2020-21.
14Nov 25
Bharat Wire Ropes Reports 8.1% Revenue Growth in Q2 FY26, Strengthens Market Position
Bharat Wire Ropes Limited (BWR) posted robust Q2 FY26 results with revenue increasing 8.1% year-on-year to INR 1,646.00 million. EBITDA margins improved to 23.33% from 22.08% last year. Profit after tax (PAT) grew 16.9% to INR 221.00 million, with PAT margin rising to 13.43%. The company expanded its US market presence, increasing sales from 8% to 13% of total revenue. BWR's growth is attributed to its focus on the domestic market, competitive pricing, and operational efficiency improvements.
12Nov 25
Bharat Wire Ropes Reports Robust Q2 Performance with 17% Net Profit Growth
Bharat Wire Ropes Limited (BWRL) announced robust Q2 FY2025-26 results. Revenue from operations increased 8.15% YoY to 164.59 crore rupees. EBITDA grew 13.95% to 38.40 crore rupees, with EBITDA margin expanding by 121 bps to 23.35%. Net profit rose 17.39% to 22.14 crore rupees. Half-yearly revenue reached 306.24 crore rupees, with net profit at 37.74 crore rupees. The company reported total assets of 977.06 crore rupees and total equity of 776.19 crore rupees as of September 30, 2025.
05Nov 25
Alpana Dangi Reduces Stake in Bharat Wire Ropes, While Authum Investment Infrastructure Boosts Holding in Target Company
Alpana Dangi, a non-promoter, has reduced her stake in Bharat Wire Ropes Limited from 7.61% to 4.99% through open market transactions. Concurrently, Authum Investment Infrastructure Limited has increased its stake in an unnamed target company to 18.51% of the total share capital. Both transactions occurred on November 3, 2025, reflecting significant shareholding changes in the Indian stock market.
27Oct 25
Bharat Wire Ropes Shares Surge 20% on Strategic CCPS Transaction
Bharat Wire Ropes Ltd. stock surged 20% to ₹206.74 after assigning a call option of Compulsorily Convertible Preference Shares (CCPS) to Lloyds Metals and Energy Ltd. Lloyds acquired 14,569 unlisted CCPS from Union Bank of India and Central Bank of India in off-market purchases. The CCPS were part of a ₹382.66 crore loan conversion under a resolution plan in 2020-2021. Trading volume spiked to 90 lakh shares, well above the 20-day average of 46,231 shares. The company's market capitalization exceeded ₹1,400 crore post-surge.
13Aug 25
Bharat Wire Ropes Reports Q1 Growth Amid Global Uncertainties
Bharat Wire Ropes Limited (BWR) released its Q1 earnings, showing a 6.1% year-over-year revenue growth to ₹1,417.00 crores. However, the company faced margin pressures with EBITDA margins declining to 21.24% from 24.42% and PAT margins dropping to 11.01% from 13.56%. Despite global challenges, BWR maintained sales volume and slightly increased production volume. The company is focusing on higher value-added products, cost controls, operational efficiency, and wider geographical penetration to navigate market uncertainties.
11Aug 25
Bharat Wire Ropes Reports Q1 Revenue Growth Amid Profitability Challenges
Bharat Wire Ropes Limited reported Q1 FY2026 results with revenue growth of 6.1% to ₹14,165.15 crore. However, net profit declined by 13.6% to ₹1,560.50 crore. EBITDA decreased to ₹3,015.70 crore, with margin compression to 21.26%. The company also announced the appointment of M/s. C N K & Associates LLP as new Statutory Auditor and the reappointment of Mr. Mayank Mittal as Joint Managing Director and Mr. Venkateswararao Kandikuppa as Whole-Time Director, subject to shareholder approval.
19May 25
Bharat Wire Ropes Reports Mixed Q4 Results: Revenue Up, Profits Down
Bharat Wire Ropes Ltd reported a 13.33% year-over-year increase in Q4 revenue to ₹1.70 billion. However, profitability metrics declined with EBITDA slightly decreasing to ₹371 million and net profit falling 5.50% to ₹206 million. The EBITDA margin contracted to 21.59% from 25.39%. Despite yearly declines, the company showed quarter-over-quarter improvement with net profit increasing 38.26% from the previous quarter.
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