Bansal Wire Reports Q1 FY27 Results; Secures Trial Order for Steel Tyre Cord

Bansal Wire Reports Q1 FY27 Results; Secures Trial Order for Steel Tyre Cord​

Bansal Wire Industries Limited, a leading player in steel wire manufacturing, has announced its un-audited financial results for the first quarter of fiscal year 2027 (Q1 FY27), which ended on June 30, 2026. The company, recognized as one of the country's largest stainless steel wire manufacturers and the second-largest steel wire manufacturer by volume, reported a net profit of Rs. 204.6 Mn for the quarter.

The Q1 FY27 results show the company’s revenue standing at Rs. 11,678.9 Mn. The operational performance metrics provide insight into the recent business environment. Consolidated Q1 FY27 financial highlights are detailed below:


The results are set against a backdrop of operational challenges, though the company noted significant strategic progress. EBITDA Margin stood at 4.9% in Q1 FY27, compared to 7.9% in Q1 FY26. The Profit After Tax (PAT) margin was reported at 1.8%, down from 4.2% in the same period last year.

Strategic Milestones and Operational Recovery​

A key strategic achievement for Bansal Wire Industries Limited is the successful securing of a trial purchase order for its 'Steel Tyre Cord' product from a leading Indian tyre manufacturer, marking an important step toward commercialization in a market that relies heavily on imports. The IHT Wire business also continues to advance, with customer approvals currently underway.

The company has also expanded its B2C footprint by introducing new products across the farming, fencing, and poultry segments, establishing a new growth platform. During the quarter, management noted that operations were temporarily impacted by geopolitical tensions in West Asia, which affected industrial gas supplies and market demand. Despite these disruptions, swift operational measures and the use of alternative energy sources allowed for stabilizing production. The company delivered 1,11,962 MT during the latter half of the quarter, reflecting a strong recovery in execution.

Management Commentary and Outlook​

Mr. Pranav Bansal, MD & CEO of Bansal Wire Industries Limited, expressed satisfaction with the strategic progress achieved despite the challenging operating environment. He stated that the fundamentals of the company remain strong even as market conditions have been difficult.

Addressing the downturns experienced, Mr. Bansal noted that profitability was impacted by higher input costs and operational disruptions early in the quarter. However, he confirmed that business conditions improved meaningfully during the latter half of the period.

The MD concluded by reaffirming that the company remains on track to deliver its growth targets for both volumes and EBITDA for the remainder of the year as market conditions normalize, maintaining a focus on creating sustainable long-term value for all stakeholders.

Bansal Wire Industries Limited is part of the Bansal Group, which was established in 1938. The company maintains a diversified portfolio catering to various sectors including automotive, general engineering, infrastructure, hardware, consumer durables, power and transmission, agriculture, and auto replacement.

BANSALWIRE Stock Price Movement​

On Wednesday, shares of Bansal Wire Industries Limited shed significantly, settling at ₹315 after slipping 6.45% from the previous close. The stock saw brisk activity during the session, as it traded a volume totaling 1.36 million shares.