Bansal Wire Industries reported a significant decline in profitability for the quarter ended June 2026, with consolidated net profit falling 47.91% to ₹20.46 crore compared to ₹39.28 crore in the same quarter of the previous year. According to reports from Business Standard, this substantial profit decline occurred despite the company achieving strong revenue growth during the same period.
The company demonstrated robust top-line growth with sales rising 24.37% to ₹1,167.89 crore in Q1 FY27, as reported by Business Standard. This revenue increase represents a significant jump from ₹939.01 crore recorded in the corresponding quarter of the previous financial year, indicating strong business momentum despite the profit challenges.
The company's operating profit margin (OPM) declined to 4.83% in Q1 FY27 from 7.65% in the same quarter of the previous year, as reported by Business Standard. Additionally, PBDT (Profit Before Depreciation and Tax) fell 34% to ₹41.24 crore and PBT (Profit Before Tax) dropped 48% to ₹26.04 crore during the quarter, reflecting the broader impact of margin compression across the company's operations.
As of July 22, 2026, Bansal Wire Industries shares closed at ₹315.00 with a trading range of ₹303.70 to ₹351.85 during the session. The stock has shown 8.67% growth over the past month and maintains a 52-week high of ₹434.30 and 52-week low of ₹222.50. The company's market capitalization stands at ₹4,932 crore with a PE ratio of 30.64 and PB ratio of 3.45.
Recent shareholding data reveals significant changes in the company's ownership structure. Foreign Institutional Investors (FIIs) increased their holdings from 0.88% to 1.99% in June 2026, indicating growing institutional interest. Meanwhile, promoters decreased their holdings from 77.99% to 75% in the same period, with Mrinaal Mittal reducing their stake by more than 2.99%. The company's total assets as of March 31, 2026, stood at ₹2,517 crore.
