Bombay Wire Ropes Announces Audited Financial Results for Quarter and Year Ended March 31, 2026

Bombay Wire Ropes Announces Audited Financial Results for Quarter and Year Ended March 31, 2026

Bombay Wire Ropes Announces Audited Financial Results for Quarter and Year Ended March 31, 2026​

Bombay Wire Ropes Ltd. announced that its Board of Directors approved the Audited Financial Results (Standalone) for the Quarter and year ended March 31, 2026, during a board meeting held on April 15, 2026. The company released key operational and financial figures detailing its performance for the fiscal period.

Standalone Financial Performance Review​

The financial results for the quarter and year ended March 31, 2026, showed the following performance figures compared to the prior year.

ParticularsQuarter Ended March 31, 2026 (Audited)Quarter Ended March 31, 2025 (Audited)Year Ended March 31, 2026 (Audited)Year Ended March 31, 2025 (Audited)
Total Income from Operations (net)N/AN/A55.2613.74
Net Profit / (Loss) for the period/ year (before tax and exceptional items)(5.10) Lakhs(24.70) Lakhs(6.96) Lakhs(63.03) Lakhs
Net Profit / (Loss) for the period/ year (after tax)(5.80) Lakhs(92.33) Lakhs(7.66) Lakhs(130.66) Lakhs
Total comprehensive income for the period/ year(4.52) Lakhs(65.48) Lakhs(6.38) Lakhs30.24 Lakhs
Earnings Per Share (Basic) (of Re. 1/- each)(0.11)(1.73)(0.14)(2.45)

Financial Position Highlights​

As of March 31, 2026, the company reported the following figures for its assets and liabilities:

ParticularsAs at March 31, 2026As at March 31, 2025
NON-CURRENT ASSETS
Property, plant and equipment84.63 Lakhs86.23 Lakhs
Total Non-current assets737.19 Lakhs751.31 Lakhs
CURRENT ASSETS
InvestmentsN/A1.14 Lakhs
Trade and other receivables27.62 Lakhs32.12 Lakhs
Cash and cash equivalents4.96 Lakhs3.60 Lakhs
Other Current assets11.14 Lakhs9.08 Lakhs
TOTAL ASSETS786.08 Lakhs798.10 Lakhs
EQUITY AND LIABILITIES
Share capital720.31 Lakhs726.69 Lakhs
Sub total - Equity773.70 Lakhs780.08 Lakhs
Total Non-current liabilities0.79 Lakhs0.80 Lakhs
Total Current liabilities11.59 Lakhs1.14 Lakhs
TOTAL EQUITY AND LIABILITIES798.10 Lakhs798.10 Lakhs

Cash Flow Movements​

The cash flow statement for the year ended March 31, 2026, shows the company generated a net cash flow from (used in) operating activities of (52.94) Lakhs.

Comparing the figures year-over-year:
  • Profit before tax: (6.96) Lakhs for the year ended March 31, 2026, compared to (63.03) Lakhs for the year ended March 31, 2025.
  • Interest received: 4.09 Lakhs for the year ended March 31, 2026, versus 0.95 Lakhs for the year ended March 31, 2025.
  • Net cash flows from (used in) operating activities: (52.94) Lakhs for the year ended March 31, 2026, compared to a net cash flow of (2.81) (65.84) Lakhs for the year ended March 31, 2025.

Related Party Transactions​

Details of transactions with related parties for the fiscal year and half-year ended March 31, 2026, are as follows:

ParticularsRelationshipHalf year ended March 31, 2026Year ended March 31, 2026Half year ended March 31, 2025Year ended March 31, 2025
Remuneration (Shri Raj Kumar Jhunjhunwala)Whole Time DirectorN/A10.27N/A8.85
Salary (CS Shyni Chatterjce)Company Secretary Since 01-04- 20251.5 Lakhs3 LakhsN/AN/A
Dilip S. MoreChief Financial Officer4.86 Lakhs9.73 Lakhs4.61 Lakhs8.97 Lakhs
Compensation Charges Received (The New Great Eastern Spinning & Weaving Company Limited)Fellow SubsidiaryN/AN/AN/A4.5 Lakhs
Interest Expense (The New Great Eastern Spinning & Weaving Company Limited)Fellow SubsidiaryN/AN/AN/A0.01 Lakhs

Stock Price Movement​

At the close of trading today, Bombay Wire Ropes Ltd shares finished strong, settling at ₹51.82, marking a 12.70% gain for the day. Throughout the session, the stock saw significant movement, testing lows near ₹45.00 before hitting a peak of ₹52.90.

Source:​

 

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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