Cash flow Bharat Wire Ropes Limited

Stocks

BHARATWIRE

INE316L01019

Iron & Steel

Market Closed - NSE India S.E. 08:11:03 2026-08-14 EDT			5-day change	1st Jan Change
188.01 ^INR	-1.35%		-6.54%	+3.56%

08-07	Bharat Wire Ropes Limited Reports Earnings Results for the First Quarter Ended June 30, 2026	CI
06-18	Bharat Wire Ropes Resumes Operations at Chalisgaon Plant	MT

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Published financial data: BHARAT WIRE ROPES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	2.5B	4.11B	5.89B	6.22B	6.19B
Other Revenues, Total	-	-	-	-	-
Total Revenues	2.5B	4.11B	5.89B	6.22B	6.19B
Cost of Goods Sold, Total	1.6B	2.61B	3.31B	3.29B	3.47B
Gross Profit	903M	1.5B	2.58B	2.92B	2.73B
Selling General & Admin Expenses, Total	247M	346M	448M	607M	671M
Depreciation & Amortization - (IS)	217M	214M	207M	212M	220M
Other Operating Expenses	329M	526M	747M	676M	733M
Other Operating Expenses, Total	793M	1.09B	1.4B	1.5B	1.62B
Operating Income	110M	409M	1.18B	1.43B	1.1B
Interest Expense, Total	-341M	-221M	-196M	-138M	-128M
Interest And Investment Income	5.11M	3.97M	6.69M	7.55M	7.01M
Net Interest Expenses	-336M	-217M	-189M	-130M	-121M
Income (Loss) On Equity Invest.	-	-	-229K	-1.36M	-
Currency Exchange Gains (Loss)	1.61M	197K	-11.21M	-1.04M	3.03M
Other Non Operating Income (Expenses)	-1.38M	-12.99M	-14.95M	-8.98M	-8.77M
EBT, Excl. Unusual Items	-226M	179M	966M	1.29B	977M
Gain (Loss) On Sale Of Assets	-2.09M	-28K	-	-	1.28M
EBT, Incl. Unusual Items	-228M	179M	966M	1.29B	978M
Income Tax Expense	-60.15M	42.62M	344M	325M	254M
Earnings From Continuing Operations	-168M	137M	622M	962M	724M
Net Income to Company	-168M	137M	622M	962M	724M
Net Income - (IS)	-168M	137M	622M	962M	724M
Net Income to Common Incl Extra Items	-168M	137M	622M	962M	724M
Net Income to Common Excl. Extra Items	-168M	137M	622M	962M	724M
Per Share Items
Net EPS - Basic	-3.73	2.17	9.68	14.15	10.6
Basic EPS - Continuing Operations	-3.73	2.17	9.68	14.15	10.6
Basic Weighted Average Shares Outstanding	45.05M	62.86M	64.31M	67.98M	68.37M
Net EPS - Diluted	-3.73	2.17	9.68	14.15	10.6
Diluted EPS - Continuing Operations	-3.73	2.17	9.68	14.15	10.6
Diluted Weighted Average Shares Outstanding	45.05M	62.86M	64.31M	67.98M	68.37M
Normalized Basic EPS	-3.13	1.78	9.39	11.84	8.93
Normalized Diluted EPS	-3.13	1.78	9.39	11.84	8.93
Payout Ratio	-	-	-	-	0.05
Supplemental Items
EBITDA	326M	624M	1.39B	1.64B	1.32B
EBITA	110M	409M	1.18B	1.43B	1.1B
EBIT	110M	409M	1.18B	1.43B	1.1B
EBITDAR	331M	625M	1.39B	1.65B	1.33B
Total Revenues (As Reported)	2.51B	4.11B	5.9B	6.23B	6.2B
Effective Tax Rate - (Ratio)	26.38	23.78	35.58	25.28	25.95
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	-1.66M	5.56M	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-60.15M	44.28M	338M	325M	254M
Normalized Net Income	-141M	112M	604M	805M	611M
Non-Cash Pension Expense	1.41M	1.67M	1.74M	2.47M	3.26M
Supplemental Operating Expense Items
Advertising Expense	-	237K	2.77M	3.69M	5.15M
Selling and Marketing Expenses	-	237K	2.77M	3.69M	5.15M
Net Rental Expense, Total	4.85M	1.81M	3.58M	7.7M	7.86M
Imputed Operating Lease Interest Expense	2.79M	1.18M	2.49M	5.41M	6.1M
Imputed Operating Lease Depreciation	2.06M	631K	1.09M	2.29M	1.77M
Maintenance & Repair Expenses, Total	6.34M	10.72M	20.05M	24.1M	20.25M
Stock-Based Comp., SG&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	-	-	35.9M	17.55M
Total Stock-Based Compensation	-	-	-	35.9M	17.55M

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	4.93M	28.73M	381K	562K	758K
Short Term Investments	7.57M	4.85M	3.52M	3.82M	2.6M
Total Cash And Short Term Investments	12.5M	33.58M	3.9M	4.38M	3.36M
Accounts Receivable, Total	363M	399M	477M	792M	867M
Other Receivables	2.83M	3.26M	2.98M	4.61M	4.34M
Total Receivables	366M	402M	480M	796M	871M
Inventory	647M	805M	1.1B	986M	1.23B
Prepaid Expenses	5.59M	5.35M	4.42M	8.53M	22.07M
Other Current Assets, Total	650M	909M	1.15B	1.53B	2.02B
Total Current Assets	1.68B	2.15B	2.74B	3.33B	4.15B
Gross Property Plant And Equipment	5.9B	5.9B	6.03B	6.27B	6.89B
Accumulated Depreciation	-771M	-984M	-1.19B	-1.4B	-1.6B
Net Property Plant And Equipment	5.13B	4.92B	4.84B	4.87B	5.3B
Long-term Investments	-	-	23.85M	22.47M	-
Other Intangibles, Total	2.95M	3.28M	7.24M	7.49M	8.34M
Deferred Tax Assets Long-Term	524M	480M	142M	-182M	-
Other Long-Term Assets, Total	128M	184M	57.37M	122M	107M
Total Assets	7.47B	7.74B	7.81B	8.17B	9.56B
Liabilities
Accounts Payable, Total	110M	313M	178M	58.85M	166M
Accrued Expenses, Total	128M	76.33M	125M	106M	159M
Short-term Borrowings	550M	552M	281M	142M	397M
Current Portion of Long-Term Debt	45.57M	71.13M	109M	133M	140M
Other Current Liabilities	83.37M	85.32M	25.22M	1.47M	46.41M
Total Current Liabilities	917M	1.1B	719M	441M	908M
Long-Term Debt	2.14B	2.07B	1.43B	1.05B	774M
Pension & Other Post Retirement Benefits	18.16M	21.29M	24.09M	30.43M	35.27M
Deferred Tax Liability Non Current	-	-	-	-	435M
Other Non Current Liabilities	35.28M	36.27M	40.87M	45.13M	40.13M
Total Liabilities	3.11B	3.22B	2.21B	1.56B	2.19B
Preferred Stock Convertible	3.83B	3.83B	3.83B	3.83B	3.83B
Total Preferred Equity	3.83B	3.83B	3.83B	3.83B	3.83B
Common Stock, Total	626M	638M	679M	680M	684M
Additional Paid In Capital	942M	989M	1.4B	1.41B	1.45B
Retained Earnings	-1.08B	-950M	-308M	650M	1.36B
Comprehensive Income and Other	41.48M	13.28M	4.8M	40.7M	44.75M
Total Common Equity	525M	690M	1.77B	2.78B	3.54B
Total Equity	4.35B	4.52B	5.6B	6.61B	7.37B
Total Liabilities And Equity	7.47B	7.74B	7.81B	8.17B	9.56B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	62.57M	63.83M	67.9M	68.04M	68.45M
ECS Total Common Shares Outstanding	62.57M	63.83M	67.9M	68.04M	68.45M
Book Value / Share	8.39	10.82	26.14	40.85	51.71
Tangible Book Value	522M	687M	1.77B	2.77B	3.53B
Tangible Book Value Per Share	8.34	10.77	26.03	40.74	51.58
Total Debt	2.74B	2.69B	1.82B	1.32B	1.31B
Net Debt	2.73B	2.65B	1.81B	1.32B	1.31B
Debt Equivalent of Unfunded Proj. Benefit Obligation	24.16M	30.08M	31.99M	45.14M	52.58M
Debt Equivalent Oper. Leases	38.83M	14.49M	28.66M	61.59M	62.9M
Equity Method Investments, Total	-	-	-	22.47M	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	240M	342M	528M	472M	676M
Inventories - Work In Process, Total	150M	216M	209M	235M	230M
Inventories - Finished Goods, Total	239M	215M	327M	232M	276M
Inventories - Others	17.91M	31.6M	36.76M	46.79M	50.56M
Land - (BS)	326M	326M	326M	326M	326M
Buildings, Total	748M	748M	748M	747M	751M
Machinery, Total	4.79B	4.79B	4.89B	5.04B	5.31B
Full Time Employees	486	540	504	605	529

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	-168M	137M	622M	962M	724M
Depreciation & Amortization - CF	217M	215M	207M	212M	220M
Depreciation & Amortization, Total	217M	215M	207M	212M	220M
Amortization of Deferred Charges, Total - (CF)	117K	106K	374K	366K	381K
(Gain) Loss From Sale Of Asset	2.09M	28K	-	-	-676K
(Income) Loss On Equity Investments - (CF)	-	-	-234K	-	-
Stock-Based Compensation (CF)	-	-	-	-	17.55M
Other Operating Activities, Total	282M	279M	570M	483M	388M
Change In Accounts Receivable	-68.9M	-36.21M	-77.71M	-315M	-75.64M
Change In Inventories	129M	-157M	-296M	115M	-247M
Change In Accounts Payable	1.61M	203M	-135M	-119M	107M
Change in Other Net Operating Assets	-2.84B	-403M	-58.84M	-486M	-393M
Cash from Operations	-2.44B	237M	832M	852M	741M
Capital Expenditure	-13.45M	-6.42M	-135M	-250M	-646M
Sale of Property, Plant, and Equipment	-	57K	-	90K	2.52M
Sale (Purchase) of Real Estate properties	-	2.24M	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	24.09M
Other Investing Activities, Total	-	-	-	1K	-
Cash from Investing	-13.45M	-4.12M	-135M	-250M	-619M
Short Term Debt Issued, Total	-	27.85M	-	-	262M
Long-Term Debt Issued, Total	45.01M	-	-	-	-
Total Debt Issued	45.01M	27.85M	-	-	262M
Short Term Debt Repaid, Total	-724M	-	-233M	-116M	-
Long-Term Debt Repaid, Total	-	-78.34M	-638M	-379M	-274M
Total Debt Repaid	-724M	-78.34M	-872M	-495M	-274M
Issuance of Common Stock	4.13B	30.66M	443M	10.1M	37.05M
Preferred Dividends Paid	-	-	-	-	-383K
Common & Preferred Stock Dividends Paid	-	-	-	-	-383K
Other Financing Activities, Total	-978M	-234M	-214M	-122M	-136M
Cash from Financing	2.47B	-254M	-642M	-606M	-111M
Miscellaneous Cash Flow Adjustments	-	-1K	-	-	-1K
Net Change in Cash	19.06M	-21.45M	55.24M	-4.11M	10.36M
Supplemental Items
Cash Interest Paid	978M	-	214M	122M	136M
Cash Income Tax Paid (Refund)	-	1.66M	3.72M	-	-
Levered Free Cash Flow	-104M	26.62M	-74.29M	56.71M	-413M
Unlevered Free Cash Flow	109M	165M	48.1M	143M	-333M
Change In Net Working Capital	163M	299M	763M	748M	615M
Net Debt Issued / Repaid	-679M	-50.49M	-872M	-495M	-11.98M

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.91	3.36	9.5	11.18	7.7
Return on Total Capital	0.96	3.58	10.1	11.64	8.3
Return On Equity %	-7.08	3.08	12.3	15.76	10.37
Return on Common Equity	-36.67	22.49	50.49	42.24	22.92
Margin Analysis
Gross Profit Margin %	36.08	36.44	43.85	47.03	44.05
SG&A Margin	9.88	8.43	7.61	9.76	10.84
EBITDA Margin %	13.05	15.18	23.56	26.38	21.36
EBITA Margin %	4.38	9.96	20.06	22.98	17.81
EBIT Margin %	4.38	9.96	20.06	22.98	17.81
Income From Continuing Operations Margin %	-6.71	3.33	10.56	15.47	11.7
Net Income Margin %	-6.71	3.33	10.56	15.47	11.7
Net Avail. For Common Margin %	-6.71	3.33	10.56	15.47	11.7
Normalized Net Income Margin	-5.64	2.73	10.25	12.94	9.86
Levered Free Cash Flow Margin	-4.16	0.65	-1.26	0.91	-6.67
Unlevered Free Cash Flow Margin	4.35	4.01	0.82	2.3	-5.38
Asset Turnover
Asset Turnover	0.33	0.54	0.76	0.78	0.69
Fixed Assets Turnover	0.48	0.82	1.21	1.28	1.22
Receivables Turnover (Average Receivables)	7.62	10.78	13.45	9.81	7.47
Inventory Turnover (Average Inventory)	2.25	3.6	3.47	3.16	3.12
Short Term Liquidity
Current Ratio	1.83	1.96	3.82	7.55	4.57
Quick Ratio	0.41	0.4	0.67	1.82	0.96
Operating Cash Flow to Current Liabilities	-2.66	0.22	1.16	1.93	0.82
Days Sales Outstanding (Average Receivables)	47.9	33.85	27.13	37.32	48.88
Days Outstanding Inventory (Average Inventory)	162.48	101.5	105.12	115.92	116.83
Average Days Payable Outstanding	27.04	27.87	24.87	13.65	11.04
Cash Conversion Cycle (Average Days)	183.35	107.48	107.38	139.6	154.67
Long Term Solvency
Total Debt/Equity	62.94	59.52	32.44	20.02	17.79
Total Debt / Total Capital	38.63	37.31	24.49	16.68	15.1
LT Debt/Equity	49.26	45.72	25.47	15.86	10.5
Long-Term Debt / Total Capital	30.23	28.66	19.23	13.21	8.92
Total Liabilities / Total Assets	41.71	41.62	28.29	19.14	22.93
EBIT / Interest Expense	0.32	1.85	6.03	10.37	8.65
EBITDA / Interest Expense	0.96	2.82	7.09	11.9	10.38
(EBITDA - Capex) / Interest Expense	0.92	2.79	6.4	10.09	5.31
Total Debt / EBITDA	8.38	4.31	1.31	0.81	0.99
Net Debt / EBITDA	8.34	4.26	1.31	0.8	0.99
Total Debt / (EBITDA - Capex)	8.74	4.35	1.45	0.95	1.93
Net Debt / (EBITDA - Capex)	8.7	4.3	1.45	0.95	1.93
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.93	64.16	43.44	5.56	-0.41
Gross Profit, 1 Yr. Growth %	-3.67	65.79	72.6	13.22	-6.71
EBITDA, 1 Yr. Growth %	12.57	90.73	122.4	18.14	-19.38
EBITA, 1 Yr. Growth %	53.24	273.16	188.73	20.95	-22.81
EBIT, 1 Yr. Growth %	53.24	273.16	188.73	20.95	-22.81
Earnings From Cont. Operations, 1 Yr. Growth %	-72.46	-181.4	355.42	54.58	-24.81
Net Income, 1 Yr. Growth %	-72.46	-181.4	355.42	54.58	-24.81
Normalized Net Income, 1 Yr. Growth %	-72.45	-179.36	438.78	33.27	-24.2
Diluted EPS Before Extra, 1 Yr. Growth %	-72.52	-158.33	345.15	46.23	-25.23
Accounts Receivable, 1 Yr. Growth %	23.45	9.98	19.48	66.06	9.55
Inventory, 1 Yr. Growth %	-16.65	24.3	36.81	-10.43	25.01
Net Property, Plant and Equip., 1 Yr. Growth %	-4.81	-4.17	-1.55	0.69	8.67
Total Assets, 1 Yr. Growth %	-0.77	3.65	0.96	4.59	14.41
Tangible Book Value, 1 Yr. Growth %	34.43	31.63	157.23	56.83	27.29
Common Equity, 1 Yr. Growth %	34.43	31.52	157.06	56.61	27.25
Cash From Operations, 1 Yr. Growth %	-261.82	-109.69	251.76	2.42	-13.11
Capital Expenditures, 1 Yr. Growth %	389.48	-52.23	2K	85.66	158.27
Levered Free Cash Flow, 1 Yr. Growth %	-66.93	-125.55	-379.09	-176.34	-828.2
Unlevered Free Cash Flow, 1 Yr. Growth %	-54.88	51.33	-70.81	196.98	-333.26
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.96	26.24	53.45	23.05	2.54
Gross Profit, 2 Yr. CAGR %	1.49	26.38	69.16	39.79	2.77
EBITDA, 2 Yr. CAGR %	32.05	46.64	106.04	62.14	-2.38
EBITA, 2 Yr. CAGR %	116.37	139.13	228.24	86.88	-3.37
EBIT, 2 Yr. CAGR %	116.37	139.13	228.24	86.88	-3.37
Earnings From Cont. Operations, 2 Yr. CAGR %	-38.62	-52.65	92.54	165.32	7.89
Net Income, 2 Yr. CAGR %	-38.62	-52.65	92.54	165.32	7.89
Normalized Net Income, 2 Yr. CAGR %	-44.77	-53.24	106.78	167.96	0.56
Diluted EPS Before Extra, 2 Yr. CAGR %	-38.68	-59.96	61.14	155.14	4.64
Accounts Receivable, 2 Yr. CAGR %	0.15	16.52	14.63	40.85	34.87
Inventory, 2 Yr. CAGR %	-14.66	1.79	30.41	10.7	5.81
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.34	-4.49	-2.87	-0.44	4.61
Total Assets, 2 Yr. CAGR %	-1.34	1.42	2.29	2.76	10.61
Tangible Book Value, 2 Yr. CAGR %	-27.52	33.03	84.01	100.85	41.33
Common Equity, 2 Yr. CAGR %	-27.44	32.96	83.87	100.65	41.21
Cash From Operations, 2 Yr. CAGR %	71.76	-60.41	-41.63	89.81	-5.66
Capital Expenditures, 2 Yr. CAGR %	-69.39	52.91	216.44	523.88	118.98
Levered Free Cash Flow, 2 Yr. CAGR %	-62.64	-70.93	-15.56	45.96	135.77
Unlevered Free Cash Flow, 2 Yr. CAGR %	-39.64	-17.37	-33.54	-6.9	163.2
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.91	19.5	31.73	35.46	14.68
Gross Profit, 3 Yr. CAGR %	18.61	19.53	40.21	47.97	22.16
EBITDA, 3 Yr. CAGR %	22.61	49.34	68.52	71.2	28.47
EBITA, 3 Yr. CAGR %	27.24	159.48	154.64	135.32	39.18
EBIT, 3 Yr. CAGR %	27.24	159.48	154.64	135.32	39.18
Earnings From Cont. Operations, 3 Yr. CAGR %	306.94	-32.56	0.69	78.95	74.36
Net Income, 3 Yr. CAGR %	306.94	-32.56	0.69	78.95	74.36
Normalized Net Income, 3 Yr. CAGR %	206.54	-37.67	5.62	78.62	75.96
Diluted EPS Before Extra, 3 Yr. CAGR %	306.65	-39.69	-10.64	56.01	69.55
Accounts Receivable, 3 Yr. CAGR %	16.02	3.32	17.5	29.7	29.53
Inventory, 3 Yr. CAGR %	-4.13	-3.26	12.33	15.06	15.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-3.3	-4.29	-3.52	-1.7	2.51
Total Assets, 3 Yr. CAGR %	0.45	0.3	1.26	3.05	7.3
Tangible Book Value, 3 Yr. CAGR %	-28.51	-11.57	65.73	74.46	72.56
Common Equity, 3 Yr. CAGR %	-28.44	-11.53	65.64	74.29	72.42
Cash From Operations, 3 Yr. CAGR %	97.16	-34.13	-18	-29.59	46.29
Capital Expenditures, 3 Yr. CAGR %	-82.2	-64.5	265.97	164.91	364.97
Levered Free Cash Flow, 3 Yr. CAGR %	-66.53	-67.09	-38.22	-18.35	149.41
Unlevered Free Cash Flow, 3 Yr. CAGR %	-65.45	-18.01	-41.59	9.47	26.45
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	32.74	44.66	29	20.91	19.17
Gross Profit, 5 Yr. CAGR %	33.18	54.7	36.71	27.26	23.83
EBITDA, 5 Yr. CAGR %	31.73	57.26	50.95	54.36	35.47
EBITA, 5 Yr. CAGR %	13.05	73.04	85.89	127.55	72.82
EBIT, 5 Yr. CAGR %	13.05	73.04	85.89	127.55	72.82
Earnings From Cont. Operations, 5 Yr. CAGR %	65.73	41.14	201.67	16.64	3.51
Net Income, 5 Yr. CAGR %	65.73	41.14	201.67	16.64	3.51
Normalized Net Income, 5 Yr. CAGR %	59.08	183.51	161.88	11.69	3.56
Diluted EPS Before Extra, 5 Yr. CAGR %	52.25	31.98	180.82	7.38	-4.81
Accounts Receivable, 5 Yr. CAGR %	16.53	18.7	15.46	16.96	24.16
Inventory, 5 Yr. CAGR %	13.46	12.98	8.42	2.1	9.68
Net Property, Plant and Equip., 5 Yr. CAGR %	18	0.4	-3.13	-2.76	-0.35
Total Assets, 5 Yr. CAGR %	12.35	5.24	1.19	1.27	4.9
Tangible Book Value, 5 Yr. CAGR %	-17.68	-13.32	4.34	22.78	55.5
Common Equity, 5 Yr. CAGR %	-17.61	-13.27	4.37	22.76	55.4
Cash From Operations, 5 Yr. CAGR %	46.55	6.82	21.17	0.59	-13.27
Capital Expenditures, 5 Yr. CAGR %	-62.99	-70.35	-43.72	11.74	198.01
Levered Free Cash Flow, 5 Yr. CAGR %	-42.05	-61.25	-51.53	-40.28	5.56
Unlevered Free Cash Flow, 5 Yr. CAGR %	-41.39	-44.15	-55.11	-13.73	6.66