NSEPress Release22 Oct 2026 · 22 Oct 2026, 03:08 pm
Press Release
Bansal Wire Industries Limited · BANSALWIRE
✦ AI Summary▲ PositiveResults
Bansal Wire Industries Limited has announced its un-audited financial results for Q2 and H1 FY27, with revenue and EBITDA growth of 23.9% and 28.7% YoY respectively. The company has also reported its highest-ever quarterly sales volume and EBITDA.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact9/10
Market Sentiment8/10
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Full Announcement
Bansal Wire Industries Limited has informed the Exchange regarding a Press Release on the Un-Audited Financial Results of the Company for the Q2 & H1 FY27.
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CIN No. : I.31300DL1985PLC022737
Z75Sse
BANSAL
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Bansal Wire Industries Limited
Manufacturers of Steel Wires
October 22, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G,
Dalal Street Bandra-Kurla Complex, Bandra (E)
Mumbai - 400 001 Mumbai - 400 051
Scrip Code: 544209 Trading Symbol: BANSALWIRE
Subject: Press Release-Intimation I)ursuant to Regulation 30 of the SEBI thisting
Obligations and Disclosure Reouirementst ations. 2015 for Un-Audited
Financial Results for 02 and HI FY27
Ira Sir"adam,
Pursuant to Regulation 30 of the SEBI qisting Obligations and Disclosure Requirements)
Regulations, 2015, we are enclosing herewith a Press Release announcing the Un-Audited
Financial Results for Q2 and HI FY27 on the captioned subject, the content of which is self-
explanatory.
This information is also being uploaded on the website of the Company i.e.
This is for information and record.
Thanking you,
Yours faithfully,
For Bansal Wire Industries Limited
Sumit Gupta
Company Secretary & Compliance Ofr]cer
Enclosed: As Above
Regd. Office : F-3, Main Road, Shastri Nagar, Delhi-110052 Tel. : 011-46666750-59
Website : www.bansalwhe.com E-Mail : info@bansalwire.com
The Company’s Revenue for the quarter stood at ₹1,308.1 Crore, up 23.9% YoY
The Company’s EBITDA for the quarter stood at ₹105.0 Crore, up 28.7% YoY, marked highest ever quarterly
EBITDA
Highest-ever quarterly sales volume of 1,28,867 MT in Q2 FY27, up 12.4% YoY
Highest-ever half-yearly sales volume of 2,40,812 MT in H1 FY27, up 10.1% YoY
22nd October 2026, Delhi:
Bansal Wire Industries Limited, the country's largest stainless steel wire manufacturing company and the
second-largest steel wire manufacturing company, announced its financial results for the second quarter and
half year ended September 30, 2026.
CONSOLIDATED Q2 FY27 FINANCIAL HIGHLIGHTS (₹ in Crore)
Particulars Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY
Revenue 1,308.1 1,055.4 23.9 % 2,476.0 1,994.4 24.1 %
EBITDA* 105.0 81.6 28.7 % 161.7 156.0 3.7 %
EBITDA Margin (%) 8.0 7.7 30 bps 6.5 7.8 (129) bps
PAT 52.9 38.3 38.0 % 73.4 77.6 (5.5) %
PAT Margin (%) 4.0 3.6 41 bps 3.0 3.9 (93) bps
*EBITDA Includes Other Income
Commenting on the performance, Mr. Pranav Bansal, MD & CEO, Bansal Wire Industries Limited said,
“Q2FY27 set new records for sales volume, EBITDA and EBITDA per tonne. We sold 1.29L MT in the quarter, up
12.4% year-on-year and 15.1% over Q1FY27. EBITDA rose to ₹105.03 crore and EBITDA per tonne to ₹8,150.4,
both the highest in our history. This has largely been achieved by a combination of a richer product mix and a
more efficient Dadri plant.
Value-added products have started to gain traction. IHT wire is commissioned and started adding to the
revenue. Steel Tyre Cord received its trial orders and is under customers’ evaluation. The OHT line is under
installation, and the expansion will take combined IHT and OHT capacity from 9,000 MT to 15,000 MT by Q4
FY2027.
Overall utilization increased to 74% in Q2, up from 68% in FY26. This resulted in lower operating costs per tonne
as fixed costs get spread over higher volumes.
Operating cash flow for H1FY27 was ₹339 crore, surpasses ₹333 crore generated in all of FY26. Working capital
days are reduced from 75 to 49 over last two quarters. This came from changes we have made in last few
quarters. The momentum is sustainable and shall continue in coming quarters.
Higher margins and lower working capital are lifting returns. ROCE was 22.3% for Q2FY27, against 15.4% in
FY26. We have re-ordered our investment priorities towards higher-margin products and shorter payback
projects. On this path, we remain on track to achieve our ROCE target of 25%.
For H2FY27, we will stay with what worked this half. Our priorities are higher utilisation at Dadri and a richer mix,
funded largely from internal accruals.”
ABOUT BANSAL WITE INDUSTRIES LIMITED
Bansal Wire Industries Limited is a part of Bansal Group which started in 1938. It is the country’s largest
stainless steel wire manufacturing company and the second largest steel wire manufacturing company by
volume. With a legacy of more than 88 years, it has a diversified portfolio, catering to a wide range of sectors
such as automotive, cable, general engineering, infrastructure, hardware, consumer durables, power and
transmission, agriculture and poultry and auto replacement.
SAFE HARBOUR
Statements in this press release describing the Company’s performance may be “forward-looking statements”
within the meaning of applicable securities laws and regulations. Actual results may differ materially from
those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the
Company’s operations include, among others, economic conditions affecting demand/ supply and price
conditions in the domestic and overseas markets in which the Company operates, changes in or due to the
environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental
factors.
For more information, please contact
Company: Investor Relations (IR):
Bansal Wire Industries Ltd. Adfactors PR Pvt. Ltd.
Mr. Manu Jain
Pratik Shah / Ashith Salian
Head Investor Relations
E: Manu.Jain@BansalWire.com
E: pratik.shah@adfactorspr.com /
E: investorrelations@bansalwire.com
ashith.salian@adfactorspr.com
M: +91 92865 01376
M: +91 98700 30585 / +91 93241 71767