💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, fast-growing business, reasonably priced — but flagged on governance.
BANSAL WIRE INDUSTRIES L is scored on the commodity / cyclical framework. It keeps a thin 3.9% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.07× reported profit. Free cash flow is worth about 2.3% of its market value.
Over the last 3 years revenue compounded at 20%/yr and profit at 39%/yr. Book value itself has compounded 72%/yr — the hallmark of a genuine compounder. Return on equity is a modest 10.4%. In the latest quarter profit grew 159% versus the prior quarter.
At 1× earnings, the stock sits at the 20th percentile of its own 2.3-year range — the cheap end of where it has historically traded. Today's price implies ~15%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-0.58 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 31.13 | 14.17 | worse |
| P/B | 3.24 | 1.92 | worse |
| EV/EBITDA | 16.19 | 12.67 | worse |
| ROE | 10.42 | 28.14 | worse |
| ROCE | 14.24 | 16.67 | worse |
| ROA | 5.97 | 3.72 | better |
| Quick Ratio | 0.84 | 1.17 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| JSW Steel | 10.5 | 2.9 | 11.9% |
| Tata Steel | 20.6 | 2.3 | 10.6% |
| Jindal Steel & Power | 41.5 | 2.3 | 6.2% |
Revenue has grown every year across all 4 financial years shown. 20% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (39% vs 20%) — margin expansion is at work.
Operating margin has expanded from 3% to 5% — the business is keeping more of each rupee earned.
ROE at 11% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 10pp.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (39% vs 30%) — share dilution is eroding per-share value. 30% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 2.1× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 12% sequentially — momentum is building. Run-rate stepping up — recent quarters average 14% above earlier ones.
Profit jumped 159% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.3y median.
Promoters hold 75.0% — heavily owner-operated with strong skin in the game. Promoters reduced 3.0pp over 4 quarters — watch whether this is planned divestment or pledge invocations. MF holding up 2.6pp — domestic institutional discovery underway.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.