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Bharat Wire Ropes BHARATWIRE.NS · INR

Materials · NSE · 🇮🇳 India

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149.37

+0.36%

Close of 9 Nov 2026, in INR

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About Bharat Wire Ropes

Its shares trade on NSE under the ticker BHARATWIRE.NS. It has been listed since 1 April 2016. In the fiscal year to 31 March 2026, it reported revenue of ₹5.91bn and net income of ₹724.6m. At that date it held total assets of ₹9.90bn and shareholders' equity of ₹8.11bn.

Bharat Wire Ropes Ltd. engages in the manufacture and sale of steel wire ropes, wire strands, and wire rope slings. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2016-04-01. The firm is engaged in the business of manufacturing and sale of Wire & Wire Ropes. Its products include wire ropes, slings, strands and steel wire. The company manufactures and offers a range of wire rope products, including crane ropes for ports, large diameter spiral strands for structures and bridges, elevator ropes, high performance mining ropes, long-life-cycle fishing ropes, onshore and offshore ropes, swaged ropes and special ropes for construction sector. The company produces a variety of wire rope slings for hoisting, harnessing, and fastening needs. Its structural strands are used for building bridges, roofs, and suspended structures. The company offers stay wires that adhere to international specifications and are available in different coating options. The company has a presence in global markets in European countries, the United States, the Middle East, Nepal, New Zealand, Australia, Singapore, South Africa, Vietnam and others.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
1 Apr 2016
Employees
504

Leadership

Pay as last reported

  • Mr. Sanjiv SwarupNon-Executive Independent Chairman of the Board₹285,000
  • Mr. Mahender AroraChief Executive Officer₹15.5m
  • Mr. Rakesh JainChief Financial Officer₹4.5m
  • Mr. Govinda SoniChief Compliance Officer, Company Secretary
  • Mr. Mayank MittalJoint Managing Director, Executive Director, since 2020₹17.5m
  • Mr. Murarilal MittalManaging Director, Non-Executive Director₹22.5m
  • Mr. Venkateswararao KandikuppaWhole-Time Director, since 2016₹5.5m
  • Mr. Sushil ShardaWhole-Time Director, Director - Finance, since 2011₹7.5m
  • Ms. Ruhi MittalNon-Executive Non-Independent Director₹60,000
  • Mr. Subhash KaliaAdditional Non-Executive Independent Director₹330,000
  • Mrs. Anita ShantaramNon-Executive Independent Director₹330,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Bharat Wire Ropes Ltd manufactures steel wire ropes for ports and bridges in India
  • The company offers high performance mining ropes and long-life-cycle fishing ropes globally
  • Bharat Wire Ropes Ltd has a presence in European countries and the United States market

Weaknesses

  • The company employs 504 full-time employees in Mumbai, Maharashtra
  • Bharat Wire Ropes Ltd has no presence in Asian countries beyond Nepal and Singapore
  • The company's IPO listing date is 1 April 2016

Opportunities

  • Bharat Wire Ropes Ltd can expand into South Africa and Vietnam markets
  • The company can leverage its structural strands for bridge construction projects
  • Bharat Wire Ropes Ltd can grow in the offshore ropes segment globally

Threats

  • The company faces competition from global steel wire rope manufacturers
  • Bharat Wire Ropes Ltd has no presence in Asian countries beyond Nepal and Singapore
  • The company's products are limited to wire ropes and slings without diversification

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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