Bharat Wire Ropes Ltd
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- ₹250.7
- Today's High:
- ₹293.7
- Open Price:
- ₹270.05
- 52W Low:
- ₹87.5
- 52W High:
- ₹228.3
- Prev. Close:
- ₹269
- Volume:
- 156345
Company Statistics
- Market Cap.:
- ₹14.08 billion
- Book Value:
- 26.141
- Revenue TTM:
- ₹6.15 billion
- Operating Margin TTM:
- 21.81%
- Gross Profit TTM:
- ₹937.01 million
- Profit Margin:
- 12.03%
- Return on Assets TTM:
- 9.5%
- Return on Equity TTM:
- 12.3%
Company Profile
Bharat Wire Ropes Ltd had its IPO on under the ticker symbol BHARATWIRE.
The company operates in the Basic Materials sector and Steel industry. Bharat Wire Ropes Ltd has a staff strength of 504 employees.
Stock update
Shares of Bharat Wire Ropes Ltd opened at ₹270.05 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of ₹250.7 - ₹293.7, and closed at ₹253.6.
This is a -5.72% slip from the previous day's closing price.
A total volume of 156,345 shares were traded at the close of the day’s session.
In the last one week, shares of Bharat Wire Ropes Ltd have increased by +5.27%.
Bharat Wire Ropes Ltd's Key Ratios
Bharat Wire Ropes Ltd has a market cap of ₹14.08 billion, indicating a price to book ratio of 1.4717 and a price to sales ratio of 1.4329.
In the last 12-months Bharat Wire Ropes Ltd’s revenue was ₹6.15 billion with a gross profit of ₹937.01 million and an EBITDA of ₹1.54 billion. The EBITDA ratio measures Bharat Wire Ropes Ltd's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Bharat Wire Ropes Ltd’s operating margin was 21.81% while its return on assets stood at 9.5% with a return of equity of 12.3%.
In Q2, Bharat Wire Ropes Ltd’s quarterly earnings growth was a positive 85.2% while revenue growth was a positive 19.3%.
Bharat Wire Ropes Ltd’s PE and PEG Ratio
- Forward PE
- 0
- Trailing PE
- 19.7567
- PEG
Its diluted EPS in the last 12-months stands at ₹10.48 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bharat Wire Ropes Ltd’s profitability.
Bharat Wire Ropes Ltd stock is trading at a EV to sales ratio of 1.9667 and a EV to EBITDA ratio of 10.4009. Its price to sales ratio in the trailing 12-months stood at 1.4329.
Bharat Wire Ropes Ltd stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.
Balance sheet and cash flow metrics
- Total Assets
- ₹7.81 billion
- Total Liabilities
- ₹718.55 million
- Operating Cash Flow
- ₹0
- Capital Expenditure
- ₹0
- Dividend Payout Ratio
- 0%
Bharat Wire Ropes Ltd ended 2024 with ₹7.81 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹7.81 billion while shareholder equity stood at ₹5.60 billion.
Bharat Wire Ropes Ltd ended 2024 with ₹0 in deferred long-term liabilities, ₹718.55 million in other current liabilities, in common stock, ₹-308396000.00 in retained earnings and ₹0 in goodwill. Its cash balance stood at ₹381000.00 and cash and short-term investments were ₹0. The company’s total short-term debt was ₹0 while long-term debt stood at ₹1.43 billion.
Bharat Wire Ropes Ltd’s total current assets stands at ₹2.74 billion while long-term investments were ₹0 and short-term investments were ₹94.16 million. Its net receivables were ₹476.69 million compared to accounts payable of ₹178.22 million and inventory worth ₹1.10 billion.
In 2024, Bharat Wire Ropes Ltd's operating cash flow was ₹0 while its capital expenditure stood at ₹0.
Comparatively, Bharat Wire Ropes Ltd paid ₹0 in dividends in 2024.
Other key metrics
- Current Trading Price
- ₹253.6
- 52-Week High
- ₹228.3
- 52-Week Low
- ₹87.5
- Analyst Target Price
- ₹
Bharat Wire Ropes Ltd stock is currently trading at ₹253.6 per share. It touched a 52-week high of ₹228.3 and a 52-week low of ₹228.3. Analysts tracking the stock have a 12-month average target price of ₹.
Its 50-day moving average was ₹213.2 and 200-day moving average was ₹152.7 The short ratio stood at 0 indicating a short percent outstanding of 0%.
Around 5449.6% of the company’s stock are held by insiders while 1428.1% are held by institutions.
Frequently Asked Questions About Bharat Wire Ropes Ltd
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About
Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes; slings, including mechanically spliced slings, hand spliced slings, and socketed slings; galvanized steel wire strands, such as earth wires, stay wires, and structural strands; and galvanized and non-galvanized steel wires. The company’s products are used in general engineering, fishing, elevators, cranes, material handling, power transmission, suspension bridges, onshore / offshore oil exploration, ports and shipping, mining, defense, and railways and allied industries. It also exports its products to North America, Europe, Russia, Asia, South America, Africa, Mauritius, Sri Lanka, the Middle East, New Zealand, Australia, and internationally. The company was formerly known as Bharat Ropes Limited and changed its name to Bharat Wire Ropes Limited in July 1996. Bharat Wire Ropes Limited was incorporated in 1986 and is based in Mumbai, India.