Event Type: Earnings Conference Call to discuss the Un-Audited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026 (Q1 FY27).
Date and Time: The call was held on Thursday, July 23, 2026, at 11:00 A.M. IST.
Purpose: To discuss the company's Q1 FY27 financial results and provide a business update.
Management Participants: Mr. Pranav Bansal (Managing Director and Chief Executive Officer) and Mr. Ghanshyam Das Gujrati (Chief Financial Officer). An investor relation team from Adfactors PR was also present to facilitate the discussion.
Availability of Transcript: The transcript of the audio call recording was filed with the stock exchanges and is available on the company's website, www.bansalwire.com.
UPSI Statement: The document is a disclosure of the call transcript under Regulation 30 of SEBI LODR Regulations. The disclaimer on the investor presentation slide noted that some statements may be forward-looking and involve risks and uncertainties.
Financial Period: Quarter ended June 30, 2026 (Q1 FY27).
Revenue: INR 1,168 crore, reflecting a growth of approximately 25% year-over-year (YoY).
EBITDA: INR 57 crore for the quarter.
Net Profit: INR 20 crore for the quarter.
Sales Volume: 112,000 metric tonnes, compared to 104,000 metric tonnes in Q1 FY26.
Operating Cash Flow: The company generated INR 121 crore from operating activities during the quarter.
Operating Capacity: Stood at around 680,000 tonnes, with operations back to normal levels and steady margins of INR 7-8 per kg by the second half of the quarter.
Margin Impact: The first 45 days of the quarter were impacted by a sudden spike in natural gas and other consumable costs (~INR 5,000/tonne), which the company absorbed on its fixed-order book, reducing EBITDA to ~INR 2/kg. New orders booked thereafter were priced with the increased costs, restoring margins.
Strategic Initiatives:
Steel Cord Business: Received a first trial order from a leading Indian tire manufacturer, skipping the field trial phase and moving directly to product trials.
IHT/OHT Wires: The IHT wire business is progressing well, with customer approvals at advanced stages. OHT wire production is expected to be commissioned shortly. Combined capacity for these specialty products is 9,000 tonnes, expanding to 15,000 tonnes. Target EBITDA for these products is INR 10-20 per kg at optimum utilization.
B2C Segment: New range of steel wire products for Farming, Fencing, and Poultry contributed approximately 10% of sales in the quarter. The long-term ambition is for B2C to contribute 25% of total sales. Margins in B2C are 20-30% higher than B2B for low-carbon wires.
Guidance & Outlook: Management maintains its target of achieving 20% volume growth for the remainder of FY27. This confidence is based on market share gains, the scaling up of the specialty portfolio, and sufficient capacity. The full-year CAPEX guidance is INR 200-250 crore.
Additional Notes Section
The document is an enclosed transcript of the earnings conference call, filed as a regulatory disclosure.
The transcript contains detailed financial figures and forward-looking statements as discussed by management during the call.
No separate attachments (e.g., investor deck) were mentioned in the provided text of the disclosure letter; the focus was solely on submitting the transcript.
