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    Bharat Wire

    One of India's largest manufacturers of steel wire ropes, strands, slings and steel wire, exported to 55+ countries.

    Capital Goods
    Industrials
    ₹214.57
    -0.19% from avg

    Overview

    Price

    ₹214.57

    Market Cap

    ₹1.4k Cr

    Sector

    Capital Goods

    Industrials

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital4563646868686969
    Reserves-6-105110210285708742
    Borrowings67465765256451551410275
    Other Liabilities39375339428899104
    Total Liabilities752747774781835956977990
    AssetsFixed Assets539513492481475484482535
    CWIP11031347624
    Investments00022000
    Other Assets213233282294345425434451
    Total Assets752747774781835956977990

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating83151-2442483857498
    Cash from Investing-140-10-13-25-62-31
    Cash from Financing-90-152247-25-64-61-11-66
    SummaryCapital Expenditure
    Free Cash Flow68151-2462370601066
    FCF Margin

    Valuation

    Assumptions

    Current — BHARATWIRE
    Price
    ₹215
    EPS (TTM)
    ₹10.57
    PE (TTM)
    20.3
    Profit growth
    5.1%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (19.3×) and current (20.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹215
    vs
    Fair value · 15% return
    ₹108
    50%Overvalued

    At 5.1% growth and a 19× exit, ₹215 only delivers your return if you pay ₹108. The price is currently baking in 19% growth.

    EPS grows 5.1%/yr for 5 years, then fades to 6% over 2, exits at 19×.

    YearGrowthEPS (₹)
    FY275.1%11.11
    FY285.1%11.68
    FY295.1%12.27
    FY305.1%12.90
    FY315.1%13.55
    FY325.5% ·fade14.31
    FY336.0% ·fade15.17

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Bharat Wire

    Guides on how to read this kind of business and the numbers that matter.