Quarter Ended: March 2026
Bansal Wire Industries – Q4 FY26 Results
NSE
bansalwire
BSE
544209
Bansal Wire delivered solid growth in revenue and PAT, supported by demand expansion, but rising working capital and negative investing/financing cash flows indicate aggressive growth strategy
key financial highlights
- Revenue from Operations:
- Revenue (Q4 FY26): ₹11,363.57 million
- QoQ Change: +10.4%
- YoY Change: +20.9%
- Previous Quarter (Q3 FY26): ₹10,290.23 lakh
- Previous Year (Q4 FY25): ₹9,401.99 lakh
- Revenue (Q4 FY26): ₹11,363.57 million
- Profit After Tax (PAT):
- PAT (Q4 FY26): ₹400.70 million
- QoQ Change: -7.4%
- YoY Change: +21.0%
- Previous Quarter (Q3 FY26): ₹432.70 million
- Previous Year (Q4 FY25): ₹331.15 million
- PAT (Q4 FY26): ₹400.70 million
- QoQ Performance
- Revenue Trend: Strong Growth
- Profit Trend: Slight Decline
Margin Analysis
Key Drivers:
- Increase in raw material cost (steel-based input)
- Higher employee and operational expenses
- Rising finance costs impacting bottom line
Key Signal: Margins under pressure despite strong revenue growth, indicating cost-side challenges
Earning quality check
Drivers:
- Growth driven by core operations
- Limited reliance on exceptional items
- Working capital absorption impacting cash flow
Interpretation:
- Earnings are real but cash conversion is weak due to working capital expansion
balance sheet Analysis
- Total Assets: ₹25,168.51 million
- Total Liabilities: ₹10,861.80 million
Insight:
- Strong equity base (~₹14,306.71 Mn)
- Increase in trade receivables and inventory
- Expansion-led balance sheet growth
key risks
- Raw material price volatility (steel)
- Working capital intensity (inventory & receivables)
- Rising finance cost burden
- Cyclical demand risk
management strategy signals
Focus Area:
- Capacity expansion
- Market share growth in wire industry
- Strengthening distribution network
Financial Metrics
| Particular | Q4 FY26 | Q.O.Q | Y.O.Y |
|---|---|---|---|
| Total Income | ₹11,403.61 Million | +10.6% | +21.0% |
| PBT | ₹499.82 Million | -10.6% | -1.6% |
| PAT | ₹400.70 Million | -7.4% | +21.0% |
Bansal Wire is in a high-growth phase, but the business is capital-intensive and margin-sensitive. While revenue momentum is strong, profitability pressure and weak cash flows remain key watchpoints.
Official Exchange Filing: Bansal Wire Industries Limited
Quarterly Performance Context
COST OF OPERATIONS AS % OF REVENUE
96%
NET PROFIT AS % OF REVENUE
4%
FISCAL YEAR
2025-2026
AUDIT STATUS
REVIEWED