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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.
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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.
Bharat Wire Ropes Limited is a steel wire rope manufacturing company. The Company is engaged in the business of manufacturing and sale of Wire & Wire Ropes. Its products include wire ropes, slings, strands, and steel wire. It manufactures and offers a range of wire rope…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, trading cheap versus its own history.
Bharat Wire Ropes is scored on the commodity / cyclical framework. It keeps a healthy 15.4% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.89×). Free cash flow is worth about 4.0% of its market value.
Over the last 2 years revenue compounded at 23%/yr and profit at 165%/yr. Book value itself has compounded 21%/yr — the hallmark of a genuine compounder. Return on equity is an elite 39.6%. In the latest quarter profit fell 18% versus the prior quarter.
At 11× earnings, the stock sits at the 2nd percentile of its own 4.6-year range — the cheap end of where it has historically traded. Today's price implies ~9%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
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 | 19.5 | 17.59 | worse |
| P/B | 6.75 | 3.28 | worse |
| EV/EBITDA | 12.14 | 18.71 | better |
| ROE | 39.56 | 18.73 | better |
| ROCE | 18.17 | 16.82 | better |
| ROA | 12.02 | 7.56 | better |
| Quick Ratio | 5.32 | 3.52 | better |
| 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 3 financial years shown. 23% CAGR over 2 years — high-growth territory. 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 (165% vs 23%) — margin expansion is at work. The latest year saw a +55% swing — check if it's a one-off or structural.
Operating margin has expanded from 4% to 21% — the business is keeping more of each rupee earned. The gap between operating and net margin is widening — interest or tax costs are rising.
ROE at 15% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 12pp across the window.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (165% vs 155%) — share dilution is eroding per-share value. 155% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 6% QoQ — could be seasonality or a genuine slowdown. Low quarterly variance (8% spread) — a predictable, non-seasonal revenue stream.
Profit fell 18% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 4.6y median.
Promoters at 41.1% — dispersed ownership; institutional flows drive the stock.
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.