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← CockpitCompetitor Analysis › BANSALWIRE.NS Bansal Wire Industries LimitedOpen in the cockpit ↗

Bansal Wire Industries LimitedBANSALWIRE.NSCompetitor analysis, valuation and peers

India · INR·Metal & Mining›Steel
Momentum strong 65
Mkt cap
$517M
US dollars, full cap
Free float
22%
of shares outstanding
$/day
$387,595
20-day average traded
Fwd P/E
25.4×
forward earnings
ROIC−WACC
-6.4 pp
WACC 17.1%
Hurdle
+9 pp
Req g minus delivered
Next earnings
89 days
3 Feb 2027
Close · INR₹315.60
1Dn/a
1W+0.8%
1M+3.9%
3M-0.2%
6M+2.8%
YTD+2.1%
1Y-5.2%
ATR %3.5%
Beta1.27
52w lowhigh14.7% off high

What Bansal Wire Industries does

Employees: 5,848

Bansal Wire Industries at a glance

Size Bansal Wire Industries (BANSALWIRE.NS) is an India Materials company (Steel) with a market value of $517M, the 824th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹315.60 on 6 Nov 2026.

Performance Over six months the shares gained 2.8%, against -16.8% for the median peer and 0.0% for the India market (cap-weighted) — 4th highest of 21 in its peer set.

Growth Revenue grew 20.3% over the last twelve months (peer median +1.3%); the operating margin is 5.6% (peer median 3.0%).

Valuation It trades at 25.4× forward earnings against a peer median of 13.2× (3rd most expensive of 13).

Price implies For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 6.4 points below its cost of capital (17.1% WACC).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026BANSALWIRE.NS 104Peer median 84
Six months, rebased to 100: Bansal Wire Industries against the median of its 20 peers (local-currency closes).

Bansal Wire Industries financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹46.4B₹41.5B₹35.0B₹24.6B₹24.1B
Revenue growth—+19%+42%+2%—
Gross profit₹7.90B₹3.37B₹3.00B₹1.68B₹1.20B
EBITDA₹3.23B₹3.13B₹2.70B₹1.47B₹1.02B
Net income₹1.57B₹1.61B₹1.45B₹736M₹600M
Free cash flown/a₹454M-₹6.48B-₹10.8B-₹85.1M
Capital expendituren/a₹2.33B₹4.63B₹5.10B₹465M
Total debt₹3.35B₹5.55B₹6.08B₹6.81B₹4.22B

Quarterly statements and history in the cockpit →

Bansal Wire Industries competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-60%-40%-20%0%+20%-10%0%603500SAMBHV6005815480SURYAROSNI605158GOODLUCK00303756020006559957600408FXPOELECTCAST20107231603315100090BANSALWIRE.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Bansal Wire Industries is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×SAMBHV6005815480SURYAROSNIGOODLUCK0006555440ELECTCAST1000902014BANSALWIRE.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Bansal Wire Industries is the large dot.

Capital: growth delivered against growth the price implies

0%+20%0%20%6035005480SURYAROSNI60515856020006556004085440ELECTCAST201072316033152014BANSALWIRE.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Bansal Wire Industries is the large dot.

Bansal Wire Industries competitors and peer comparison

How Bansal Wire Industries compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Bansal Wire Industries against its 20 peers (data as of 6 Nov 2026)
MeasureBANSALWIRE.NSPeer medianRank in peer set
1-month return+3.9%-9.4%3rd highest of 21
6-month return+2.8%-16.8%4th highest of 21
Distance from 52-week high-14.7%-30.5%5th highest of 21
Revenue growth (TTM)+20.3%+1.3%4th highest of 21
Operating margin5.6%3.0%8th highest of 21
Forward P/E25.4×13.2×3rd most expensive of 13
Growth the price implies (Req g, 7 yrs)31.6%6.0%most demanding of 14
Growth delivered (Del g)+23.0%+5.8%2nd highest of 14
Hurdle (Req g minus delivered)+8.7 pp+0.2 pp5th most demanding of 14
ROIC minus cost of capital-6.4 pp-3.9 pp7th lowest of 21
EV / EBITDA16.2×9.0×3rd most expensive of 13
Net debt / EBITDA1.0×1.7×5th least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Bansal Wire Industries BANSALWIRE.NSIndia$517M+3%+20%6%25.4×31.6%+23.0%
Zhejiang Tiantai Xianghe Industrial 603500.SSChina$515M-3%+22%20%n/a8.2%+25.0%
Sambhv Steel Tubes SAMBHV.NSIndia$510M+27%+42%10%24.2×n/an/a
Xinjiang Ba Yi Iron & Steel 600581.SSChina$526M-19%0%-8%5.9×n/an/a
Nippon Yakin Kogyo 5480.TJapan$504M+17%+1%9%8.8×-1.0%+6.0%
Surya Roshni SURYAROSNI.NSIndia$500M-20%+12%5%11.0×20.2%+6.3%
Zhejiang Huada New Materials 605158.SSChina$496M-17%+22%0%n/a0.1%+2.8%
Goodluck India GOODLUCK.NSIndia$571M+15%+10%8%24.5×n/an/a
Guangdong Sanhe Pile 003037.SZChina$466M-28%-9%1%n/an/an/a
Kurimoto,Ltd 5602.TJapan$576M-4%+3%7%10.5×2.1%+1.9%
Shandong Jinling Mining 000655.SZChina$578M-22%+11%3%15.4×23.3%+3.1%
Yieh United Steel 9957.TWOTaiwan$581M-18%-10%-12%n/an/an/a
Shanxi Antai 600408.SSChina$456M-8%-5%-3%n/a28.8%-10.7%
Kyoei Steel 5440.TJapan$455M-13%+7%4%8.8×-7.0%+6.8%
Ferrexpo FXPO.LUnited Kingdom$453M-55%-39%-1%n/an/an/a
Electrosteel Castings ELECTCAST.NSIndia$450M-25%-16%2%26.5×12.6%+11.3%
Chun Yuan Steel Industry 2010.TWTaiwan$445M-8%+2%8%n/a-11.7%+4.7%
Topy Industries 7231.TJapan$440M+1%+2%2%9.0×6.0%+5.8%
Liaoning Fu-An Heavy Industry 603315.SSChina$439M-46%-4%3%n/a31.1%+7.5%
SK oceanplant 100090.KSSouth Korea$430M-62%-5%8%15.7×n/an/a
Chung Hung Steel 2014.TWTaiwan$636M-16%-17%-1%54.3×-10.1%-12.4%

Questions

Which companies are Bansal Wire Industries's closest peers?
The cockpit's peer set: Zhejiang Tiantai Xianghe Industrial (603500.SS), Sambhv Steel Tubes (SAMBHV.NS), Xinjiang Ba Yi Iron & Steel (600581.SS), Nippon Yakin Kogyo (5480.T), Surya Roshni (SURYAROSNI.NS), Zhejiang Huada New Materials (605158.SS), Goodluck India (GOODLUCK.NS), Guangdong Sanhe Pile (003037.SZ).
Is Bansal Wire Industries expensive compared with its peers?
On forward p/e it trades at 25.4× against a peer median of 13.2×, 3rd most expensive of 13 in its peer set. For today's price to make sense, revenue must grow about 32% a year for seven years (Req g). Recent delivered growth is +23%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Bansal Wire Industries stock performed?
Over six months to 6 Nov 2026 the shares returned +2.8% against -16.8% for the median peer; over one year -5.2%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.