Company Disclosures: Investor Presentation for Un-audited Financial Results Q1 FY27
Trading Symbol: BANSALWIRE
Key Financial Figures (₹ million, unless stated)
Income Statement:
- Revenue from Operations: ₹11,678.9 million in Q1 FY27, up 24.4% YoY (from ₹9,390.1 million in Q1 FY26) and up 2.8% QoQ (from ₹11,363.6 million in Q4 FY26).
- Other Income: ₹3.5 million in Q1 FY27, down from ₹40.0 million in Q4 FY26 and ₹26.2 million in Q1 FY26.
- Total Income: ₹11,682.4 million in Q1 FY27, up 24.1% YoY and 2.4% QoQ.
- EBITDA: ₹567.1 million in Q1 FY27, down 23.8% YoY (from ₹744.6 million) and down 29.5% QoQ (from ₹804.4 million).
- Profit Before Tax & Exceptional Items (PBT): ₹260.4 million in Q1 FY27, down 47.9% YoY (from ₹500.0 million) and down 49.4% QoQ (from ₹514.3 million).
- Profit After Tax (PAT): ₹204.6 million in Q1 FY27, down 47.9% YoY (from ₹392.8 million) and down 48.9% QoQ (from ₹400.7 million).
- Basic and diluted EPS (in ₹, not annualized): ₹1.31 in Q1 FY27, compared to ₹2.56 in Q4 FY26 and ₹2.51 in Q1 FY26.
Full Year FY26 Comparatives:
- Revenue from Operations: ₹41,597.9 million in FY26, up 18.6% from ₹35,071.7 million in FY25.
- EBITDA: ₹3,234.8 million in FY26, up 17.3% from ₹2,758.7 million in FY25.
- PAT: ₹1,609.4 million in FY26, up 10.0% from ₹1,463.7 million in FY25.
Operational and Strategic Updates
Management Commentary (Mr. Pranav Bansal, MD & CEO):
The quarter was impacted by challenging operating conditions, including geopolitical tensions in West Asia which temporarily impacted demand and disrupted industrial gas supplies, affecting production and volumes. Profitability in the first half of the quarter was impacted by higher input costs and these operational disruptions. Conditions improved meaningfully in the latter half of the quarter.
Operational Metrics:
- Volume: The company delivered 111,962 MT during the period, reflecting a strong recovery in execution after implementing swift operational measures and using alternative energy sources.
Strategic Progress:
- Steel Tyre Cord: Secured its first trial order from a leading Indian tyre manufacturer, marking a step towards commercialization in an import-dependent market.
- IHT Wire Business: Customer approvals are underway.
- B2C Expansion: Introduced new products in the farming, fencing, and poultry segments.
- Specialty Wire Capacity: The presentation outlines a commercialization roadmap:
- Steel Tyre Cord & Hose Wire: 20,000 MTPA capacity; trial orders have started.
- IHT Wire: 9,000 MTPA capacity; customer approvals received, targeting optimum utilization in FY27.
- OHT Wire: 6,000 MTPA capacity; commercialization expected in Q4 FY27.
Business Update:
- Business conditions have normalized, with operations returning to normalcy and margins reverting to sustainable levels.
- The company maintains a strong cash generation profile and is well-positioned to achieve its FY27 operating cash flow target of ₹400 crore.
Financial Strength and Capital Efficiency
Key Metrics (Historical):
- Debt to Equity: Improved from 4.53 in FY24 to 1.68 in FY26.
- The company is moving towards a self-sustaining growth model, as shown by charts for Operating Cash Flow to EBITDA % and Capex to Operating Cash Flow %.
- ROCE: Moderated in Q1 FY27 due to temporary disruptions but the company remains confident in achieving its targeted 25%+ ROCE in the short term.
Guidance and Outlook
Management reaffirmed confidence in the company's medium to long-term growth trajectory and remains on track to deliver FY27 volume and EBITDA targets. The company aims to generate ₹800+ crore positive cash flows from operations in FY27 and FY28 combined.
Corporate Details
Market Statistics (as of June 30, 2026):
- Stock Price: ₹340.35
- Market Cap: ₹5,328.4 crore
- Outstanding Shares: 15,65,55,952
- Face Value: ₹5
- 52 Week High/Low: ₹434.30 / ₹222.50
Shareholding Pattern (as of June 30, 2026):
- Promoter & Promoter Group: 75.00%
- Public: 7.44%
- DII: 15.57%
- FII: 1.99%
Corporate Office: F-3, Main Road, Shastri Nagar, Delhi-110052.