Bansal Wire Industries Limited — PPTs, 20-05-2025: Investor Presentation

1. Financial Highlights:

Bansal Wire Industries reported consolidated revenue of ₹350.7 Cr in FY25, up 42.2% YoY, with EBITDA rising 86.4% to ₹27.8 Cr. Q4 revenue reached ₹94.0 Cr (+32.7% YoY), EBITDA ₹7.5 Cr (+59% YoY), and PAT ₹3.3 Cr (+35.7% YoY). Margins improved steadily driven by value-added products. ROE stood at 16.92%, ROCE at 18.92%. Net debt-to-EBITDA declined notably with interest coverage at 6.56x, reflecting a strengthened balance sheet and rising equity of ₹126.9 Cr.

2. Strategic Initiatives & Growth Drivers:

A new 300kt plant at Dadri is commissioned, with an additional 120kt capacity scaling up by H1 FY26. The company advanced specialty wire segments through pilot projects targeting a 4.5 lakh-ton market, including bead wire, hose wire, and steel tyre cord. A ₹300 Cr investment in a subsidiary steel plant and stainless steel wire unit in Gujarat is underway, expected by September 2027. Renewable energy usage (70%) aligns with sustainability and cost goals.

3. Business Developments:

Operations of Bansal High Carbons Pvt. Ltd. and Balaji Wires Pvt. Ltd. merged to optimize efficiency. The product portfolio includes ~3,000 SKUs serving over 5,000 customers in 50+ countries, with growth focused on specialty wires.

4. Market Position & Competitive Advantage:

As India’s second-largest steel wire and largest stainless steel wire producer by volume, Bansal Wire leverages scale with the largest single-location plant (300kt at Dadri). High customer retention (89.56% among top clients) and expansion into specialty segments strengthen its industry position.

5. Investor Implications:

Robust top-line growth and margin gains backed by capacity expansion suggest positive growth potential. Specialty wire focus and backward integration may expand margins and reduce imports. Lower leverage improves financial stability. Key execution risks remain around ongoing capex, especially the Gujarat facility, which is critical for long-term market leadership.