Bansal Wire Industries Limited (BANSALWIRE) AI Stock Analysis

Bansal Wire Industries Limited

(NSE:BANSALWIRE)

Select Model

Rating:62Neutral

Price Target:INR 66.00▲(11.06% Upside)

Action:reiterated

Date:10/17/26

The overall score of 62 reflects a company with strong financial fundamentals and impressive revenue growth, but facing near-term technical headwinds and a relatively high valuation. The robust balance sheet and positive cash flow turnaround are key strengths, while margin compression and bearish technical signals are the primary risks. The absence of a dividend and elevated P/E ratio further temper the score.

Positive Factors

Strong Revenue GrowthRevenue growth of 110.3% demonstrates substantial expansion in the company’s steel-wire business during FY2026. If supported by sustained industrial demand and shipment volumes, this larger revenue base can improve scale, strengthen customer reach, and provide a foundation for future earnings growth.

Negative Factors

Volatile Cash GenerationCash generation has been inconsistent, with deeply negative operating and free cash flow in FY2025 followed by improvement in FY2026. This volatility can complicate reinvestment and working-capital management, making reported earnings less dependable as a durable source of internally generated funding.

Bansal Wire Industries Limited (BANSALWIRE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 44.27B
Dividend Yield: ―
Average Volume (3M): 86.86K
Price to Earnings (P/E): 28.6
Beta (1Y): 1.15
Revenue Growth: 20.27%
EPS Growth: 2.82%
Country: India
Employees: 3,099
Sector: General
Sector Strength: 55
Industry: Steel

Bansal Wire Industries Limited Business Overview & Revenue Model

Company Description

Operating globally, Bansal Wire Industries Limited specializes in the production and sale of steel wires. The company offers a comprehensive product catalog, encompassing a wide variety of specialized wires such as cold heading, spring, welding, rope...

How the Company Makes Money

Bansal Wire Industries Limited primarily makes money by manufacturing and selling steel wire products to business customers. Its revenue is generated from (1) domestic sales of finished steel wire across multiple end-use industries (e.g., automotive...

Bansal Wire Industries Limited Financial Statement Overview

Summary

Strong revenue growth (+110% YoY) and improved gross margins (13.2% to 23.3%) are offset by slight operating and net margin compression. The balance sheet is robust with reduced leverage (debt/equity 0.39) and healthy ROE (~11%). Cash flow turned positive but free cash flow remains modest at 30% of net income. Overall, financial health is sound with top-line momentum, though margin and cash conversion warrant monitoring.

Income Statement

78Positive

Balance Sheet

85Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2025
Income Statement
Total Revenue	9.23B	34.90B	41.60B
Gross Profit	-1.18B	4.62B	9.71B
EBITDA	675.60M	2.71B	3.21B
Net Income	331.16M	1.45B	1.61B
Balance Sheet
Total Assets	21.68B	21.68B	25.17B
Cash, Cash Equivalents and Short-Term Investments	57.94M	57.94M	313.03M
Total Debt	6.08B	6.08B	5.55B
Total Liabilities	8.99B	8.99B	10.86B
Stockholders Equity	12.69B	12.69B	14.31B
Cash Flow
Free Cash Flow	-4.58B	-6.48B	1.01B
Operating Cash Flow	-1.51B	-1.86B	3.33B
Investing Cash Flow	-1.55B	-4.44B	-2.23B
Financing Cash Flow	2.91B	5.95B	-1.10B

Bansal Wire Industries Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price59.43

Price Trends

50DMA62.58Negative

100DMA63.42Negative

200DMA59.95Negative

Market Momentum

MACD-1.49Positive

RSI36.77Neutral

STOCH24.76Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BANSALWIRE, the sentiment is Negative. The current price of 59.43 is below the 20-day moving average (MA) of 61.55, below the 50-day MA of 62.58, and below the 200-day MA of 59.95, indicating a bearish trend. The MACD of -1.49 indicates Positive momentum. The RSI at 36.77 is Neutral, neither overbought nor oversold. The STOCH value of 24.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BANSALWIRE.

Bansal Wire Industries Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:BANSALWIRE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:VENUSPIPES	78Outperform	INR 37.32B	35.91	―	0.08%	21.73%	13.47%
IN:USHAMART	64Neutral	INR 135.26B	26.78	―	0.84%	8.54%	25.42%
IN:BANSALWIRE	62Neutral	INR 44.78B	28.64	―	―	20.27%	2.82%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:SUNFLAG	55Neutral	INR 70.74B	34.29	―	0.25%	9.35%	4.58%
IN:SHYAMMETL	52Neutral	INR 324.85B	28.86	―	0.38%	22.76%	21.47%
IN:RAJRATAN	51Neutral	INR 21.55B	25.63	―	0.47%	29.15%	42.04%

* General Sector Average

Performance Comparison

IN:BANSALWIRE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:BANSALWIRE	Bansal Wire Industries Limited	57.20	-7.25	-11.25%
IN:RAJRATAN	Rajratan Global Wire Limited	424.50	-24.54	-5.47%
IN:SHYAMMETL	Shyam Metalics & Energy Ltd.	1163.80	264.96	29.48%
IN:SUNFLAG	Sunflag Iron & Steel Co. Ltd.	392.50	126.08	47.32%
IN:USHAMART	Usha Martin Limited	443.85	-30.64	-6.46%
IN:VENUSPIPES	Venus Pipes & Tubes Ltd.	1801.45	533.54	42.08%

Bansal Wire Industries Limited Corporate Events

Bansal Wire Confirms Full Demat Compliance for Q2 FY2026

Oct 10, 2026

Bansal Wire Industries Limited has submitted to BSE and NSE a certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026, issued by its registrar and transfer agent KFin T...

Bansal Wire Plans Share Sub-Division, Closes Trading Window

Aug 8, 2026

Bansal Wire Industries Limited has scheduled a board meeting on August 12, 2026 to consider a sub-division or split of its existing fully paid equity shares with a face value of Rs 5 each, subject to shareholder and regulatory approvals. In line with...

Bansal Wire Subsidiary Wins Appeal as GST Interest Demand Cut to Nil

Jul 25, 2026

Bansal Wire Industries’ wholly owned subsidiary, Bansal Steel & Power Limited, has received a favourable order from the Joint Commissioner of State Tax (Appeals), Rohtak, which reduces a previously raised interest demand of Rs. 16,88,804 to...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 17, 2026

Bansal Wire Industries Limited AI Stock Analysis