Bansal Wire Industries Limited announced its un-audited financial results for the first quarter ended June 30, 2026 (Q1 FY27) through a regulatory filing pursuant to Regulation 30 of SEBI LODR Regulations, 2015.

Financial Performance Highlights (Consolidated, Rs. in Mn)

Quarterly Performance (Q1 FY27 vs Q1 FY26):

  • Revenue: ₹11,678.9 Mn (up 24.4% from ₹9,390.1 Mn in Q1 FY26)
  • EBITDA*: ₹567.1 Mn (down 23.8% from ₹744.6 Mn in Q1 FY26)
  • EBITDA Margin: 4.9% (declined 300 basis points from 7.9% in Q1 FY26)
  • PAT: ₹204.6 Mn (down 47.9% from ₹392.8 Mn in Q1 FY26)

*EBITDA includes Other Income

Annual Performance (FY26 vs FY25):

  • Revenue: ₹41,597.9 Mn (up 18.6% from ₹35,071.7 Mn in FY25)
  • EBITDA: ₹3,234.8 Mn (up 17.3% from ₹2,758.7 Mn in FY25)
  • EBITDA Margin: 7.8% (declined 9 basis points from 7.9% in FY25)
  • PAT: ₹1,609.4 Mn (up 10.0% from ₹1,463.7 Mn in FY25)

Operational and Business Updates

The company reported production volume of 111,962 MT during the quarter. The quarter was impacted by operational challenges including:

  • Geopolitical tensions in West Asia that temporarily impacted demand
  • Disrupted industrial gas supplies affecting production and volumes
  • Higher input costs during the first half of the quarter

Management implemented swift operational measures including the use of alternative energy sources to stabilize operations.

Strategic Developments

New Product Milestones:

  • Secured first trial purchase order for "Steel Tyre Cord" from one of the leading Indian tyre manufacturers
  • IHT Wire business continued progress with customer approvals underway
  • Expanded B2C footprint by introducing new products in farming, fencing, and poultry segments

Management Commentary

Mr. Pranav Bansal, MD & CEO, commented that despite the challenging operating environment, the company made strategic progress during the quarter. He noted that business conditions improved meaningfully during the latter half of the quarter, and the company remains on track to deliver its growth targets of volumes and EBITDA for the remaining year.

Company Background

Bansal Wire Industries Limited is part of Bansal Group which started in 1938. It is described as:

  • Country's largest stainless steel wire manufacturing company
  • Second largest steel wire manufacturing company by volume
  • 88-year legacy with diversified portfolio
  • Caters to sectors including automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement