• Event Type: Earnings Conference Call to discuss Un-Audited Financial Results (Standalone and Consolidated) for Q2 and H1 FY27
  • Date and Time: Friday, October 23, 2026 at 11:00 A.M. (IST)
  • Purpose: Discussion of quarterly results, strategic updates, and operational performance
  • Management Participants:
  • Mr. Pranav Bansal – Managing Director & Chief Executive Officer
  • Mr. Ghanshyam Das Gujrati – Chief Financial Officer
  • Mr. Manu Jain – Head Investor Relations
  • Post-Earnings Timing: The call was held after the earnings announcement on October 28, 2026
  • Availability of Materials: The transcript of the audio call recording was attached to the regulatory filing and hosted on the company website www.bansalwire.com
  • UPSI Statement: The document includes standard forward-looking statement disclaimers but does not explicitly state that no unpublished price sensitive information will be shared

Financial Highlights Discussed

  • Q2 FY27 Financial Performance:
  • Revenue: Rs. 1,308 crores (up 24% YoY)
  • EBITDA: Rs. 105 crores (up 29% YoY)
  • Net Profit: Rs. 53 crores (up 38% YoY)
  • Sales Volume: 1,29,000 metric tons (vs. 1,14,609 metric tons in Q2 FY26)
  • H1 FY27 Financial Performance:
  • Revenue: Rs. 2,476 crores
  • EBITDA: Rs. 162 crores (highest ever)
  • Net Profit: Rs. 73 crores
  • Operating Cash Flow: Rs. 339 crores
  • Operational Metrics:
  • EBITDA per ton reached highest ever level
  • ROCE annualized at approximately 22% for Q2
  • Working capital optimization contributed to strong cash flow generation
  • Forward-Looking Statements & Strategic Themes:
  • Targeting 25% ROCE as near-term objective
  • Volume growth guidance of 20% for H2 FY27 year-on-year
  • Cumulative operating cash flow target of Rs. 800 crores over FY27 and FY28
  • Annual capital expenditure guidance: Rs. 200-225 crores
  • Capacity expansion plans: 60,000 tons brownfield at Dadri + 90,000 tons greenfield in Gujarat
  • Total capacity expected to increase from 6.8 lakh tons to 8.3 lakh tons by end of next year
  • Specialty Products Update:
  • Steel tyre cord: Received first trial order, expecting second trial order within 10-15 days
  • IHT/OHT wires: Capacity expansion to 15,000 tons expected within year
  • Specialty wire EBITDA target: Rs. 15,000-20,000 per ton
  • Bead wire capacity: 30,000 tons nameplate, currently running at 10,000-15,000 tons

Additional Notes Section

  • Attachments: The regulatory filing included the transcript of the earnings conference call as an enclosure
  • Financial Data Disclosure: The announcement itself did not contain financial data beyond what was already disclosed in the results, but the attached transcript contained detailed financial discussions
  • Raw Material Situation: Management discussed temporary raw material (wire rod) shortages due to supplier production shifts to TMT and some breakdowns
  • Product Mix: Low carbon wires represented 55% of total volumes in Q2, with B2C segment showing strong growth and contributing 50% higher EBITDA than B2B segment
  • Debt Position: Total debt reduced to Rs. 300 crores with debt-to-equity of 0.2