Bansal Wire Industries manufactures high- and low-carbon steel wires, galvanized wires, cable-armoring products, stainless-steel wires, shaped wires, and specialty wires serving automotive, infrastructure, agriculture, power, transmission, and engineering markets. The company has developed from a wire trader into one of India’s largest stainless-steel wire manufacturers and the country’s second-largest steel-wire manufacturer. The company delivered its highest-ever quarterly revenue, EBITDA, profit after tax, and EBITDA per ton in Q2 FY27. Revenue rose 24% year-on-year to Rs. 1,308 crore, EBITDA increased 29% to Rs. 105 crore, and net profit grew 38% to Rs. 53 crore, supported by improved product mix, operating efficiency, Dadri utilization, and economies of scale. Bansal Wire Industries generated Rs. 218 crore of operating cash flow in Q2 and Rs. 339 crore in H1 FY27, bringing it close to its full-year cash-flow guidance within six months. Management is targeting approximately Rs. 800 crore of cumulative operating cash flow across FY27 and FY28, while funding a significant portion of expansion through internal accruals. Specialty wires are becoming a central growth driver. IHT has reached positive EBITDA, OHT capacity is being installed, and steel tyre cord is progressing through customer trials and approvals. The company has a 20,000-ton pilot steel-cord capacity today, with a long-term ambition of 200,000 tons, subject to customer approvals and market demand. Bansal Wire Industries is expanding beyond industrial customers through a B2C portfolio covering grape trellis, poultry cage, farming, and fencing wires. B2C represented approximately 10-12% of quarterly volume and generates about 50% higher EBITDA than the general B2B segment, although the business remains exposed to raw-material availability and temporary gas-price pressure.