Bharat Wire Ropes in FY26: Margins hold as volumes soften

The presentation states the company manufactures specialty steel wire, steel wire ropes, slings and strands, with thousands of product varieties.

The presentation states total manufacturing capacity of 72,000 MTPA across two plants (Atgaon 6,000 MTPA and Chalisgaon 66,000 MTPA).

FY26 revenue from operations was INR 5,905 Mn, EBITDA INR 1,308 Mn with 22.15% margin, and PAT INR 725 Mn with 12.28% margin, as per the presentation.

The presentation states Middle East war escalation disrupted the supply chain and resulted in lower sales volume.

The presentation shows FY26 geographic distribution as Export 67% and Domestic 33%.

The presentation’s total debt profile shows debt reduced to INR 743 Mn in FY26 from INR 1,311 Mn in FY25 and INR 1,817 Mn in FY23.

The presentation mentions an Industrial Promotion Subsidy up to INR 4,350 Mn (disbursements started) and an electricity duty exemption for 15 years.