BEDMUTHA
Bedmutha Industries financials
- Market cap
- ₹335 Cr
- Sector
- Capital Goods
What Bedmutha Industries Limited does
Bedmutha Industries manufactures a range of steel wire products — steel wire ropes, galvanised and patented wire, spring steel wire, tyre bead wire, ACSR core wire, cable armouring wire, earth/stay/barbed wire — and copper products including bus bars, rods, foils, wires and cables. Its products are supplied to power utilities, defence, railways, infrastructure and automobile companies in India and exported worldwide under the SURVE and COMMANDO brands. Manufacturing is carried out from plants in Nardana (Dhule) and Sinnar (Nashik), Maharashtra, with the Sinnar (Plant-1) facility currently under approval for sale/hive-off as a non-core asset.
Segments
- Steel Wire Products
- Copper Products
- Manufacturing plants
- 2 — Nardana (Dhule) and Sinnar (Nashik), Maharashtra
- Steel wire plant capacity (Nardana)
- 62,400 MT/year
- Spring steel wire plant capacity (Sinnar)
- 24,000 MT/year
- Patenting-galvanizing line capacity (FIB Belgium make, Nardana)
- 3,600 MT/month
- Wire pickling plant capacity (PLC-operated Italian plant)
- 7,000 MT/month
- Tyre bead wire plant capacity (Italian plant)
- 800 MT/month
Quarterly results
Q1 FY27: revenue up 74.3%, net profit up 309.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 251 | 274 | 282 | 311 | 364 +45% | 357 +30% | 436 +55% | 541 +74% |
| EBITDA | 7 | 6 | 10 | 11 | 14 +110% | 11 +87% | 23 +130% | 18 +69% |
| Net profit | 11 | 2 | 2 | -3 | -1 −109% | -4 −285% | 15 +607% | 7 +310% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −29.5% 1Y
1Y: ₹147.47 on 10 Sept 2025 → ₹103.94. High ₹147.47 (10 Sept 2025), low ₹98.24 (2 Apr 2026).
Financials, as filed
Revenue grew 28.8% a year over 3 years, FY23 to FY26. Operating margin widened to 4.0%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹687 Cr | ₹812 Cr | ₹1.0k Cr | ₹1.5k Cr |
| Operating profit | ₹16 Cr | ₹26 Cr | ₹34 Cr | ₹59 Cr |
| Operating margin | 2.4% | 3.2% | 3.2% | 4.0% |
| Interest | ₹34 Cr | ₹35 Cr | ₹36 Cr | ₹43 Cr |
| Depreciation | ₹32 Cr | ₹27 Cr | ₹20 Cr | ₹25 Cr |
| Net profit | ₹13 Cr | ₹21 Cr | ₹25 Cr | ₹7 Cr |
| Net margin | 1.9% | 2.6% | 2.4% | 0.4% |
| Cash from operations | ₹72 Cr | ₹74 Cr | ₹109 Cr | ₹158 Cr |
| Free cash flow | ₹63 Cr | ₹45 Cr | ₹54 Cr | ₹60 Cr |
| ROCE | 13.0% | 16.0% | 17.0% | 14.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr | ₹32 Cr |
| Reserves | ₹45 Cr | ₹54 Cr | ₹67 Cr | ₹88 Cr | ₹109 Cr | ₹120 Cr |
| Borrowings | ₹306 Cr | ₹276 Cr | ₹251 Cr | ₹235 Cr | ₹214 Cr | ₹208 Cr |
| Other liabilities | ₹83 Cr | ₹128 Cr | ₹149 Cr | ₹211 Cr | ₹270 Cr | ₹367 Cr |
| Total liabilities | ₹466 Cr | ₹490 Cr | ₹500 Cr | ₹566 Cr | ₹625 Cr | ₹726 Cr |
| Fixed assets | ₹190 Cr | ₹165 Cr | ₹146 Cr | ₹158 Cr | ₹173 Cr | ₹195 Cr |
| Capital work in progress | ₹34 Cr | ₹38 Cr | ₹35 Cr | ₹25 Cr | ₹40 Cr | ₹105 Cr |
| Investments | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹3 Cr | ₹3 Cr | ₹3 Cr |
| Other assets | ₹240 Cr | ₹285 Cr | ₹317 Cr | ₹380 Cr | ₹410 Cr | ₹423 Cr |
| Total assets | ₹466 Cr | ₹490 Cr | ₹500 Cr | ₹566 Cr | ₹625 Cr | ₹726 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 5% to 6,699.
- Promoters
- 57.1%
- Public
- 42.9%
Since Jun 2025
- Promoters +0.04 pp
- Public −0.02 pp
- FIIs −0.01 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 57.0%, Public 43.0%.Dec '23: Promoters 57.0%, FIIs 0.0%, Public 42.9%.Mar '24: Promoters 57.0%, FIIs 0.0%, Public 42.9%.Jun '24: Promoters 57.0%, FIIs 0.0%, Public 42.9%.Sep '24: Promoters 57.0%, FIIs 0.1%, Public 42.9%.Dec '24: Promoters 57.0%, Public 43.0%.Mar '25: Promoters 57.0%, Public 43.0%.Jun '25: Promoters 57.0%, FIIs 0.0%, Public 42.9%.Sep '25: Promoters 57.0%, Public 43.0%.Dec '25: Promoters 57.0%, Public 43.0%.Mar '26: Promoters 57.0%, Public 43.0%.Jun '26: Promoters 57.1%, Public 42.9%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Rajiv Kumar +0.06 pp 1.79% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Bedmutha Industries Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| K Fx Services Pvt Ltd | 18.31% | unchanged |
| Ajay Kachardas Vedmutha | 10.78% | unchanged |
| Vijay Kachardas Vedmutha | 10.62% | unchanged |
| Bedmutha Sons Realty Ventures Private Limited | 10.04% | unchanged |
| Kachardas Ratanchand Bedmutha | 7.26% | unchanged |
| Vinita Ajay Vedmutha | 5.18% | unchanged |
| Usha Vijay Vedmutha | 5.15% | unchanged |
| Kamalabhai Kachardas Bedmutha | 4.00% | unchanged |
| K R Bedmutha Techno Assoicates Private Limited | 3.94% | unchanged |
| Aakash Universal Limited | 2.82% | unchanged |
| Rajiv Kumar | 1.79% | +0.06 pp |
| Yash Vijay Vedmutha | 0.07% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Bedmutha Industries Limited
Guides on how to read this kind of business and the numbers that matter.