Bansal Wire Industries (BANSALWIRE) Q4 25/26 earnings summary

Executive summary

• Achieved strong FY26 performance with sales volumes of 458,055 MT, up 33% year-over-year, driven by disciplined execution, product mix enhancement, and focus on ROCE and cash flow generation.

• Expanded specialty and value-added wire portfolio, notably IHT and OHT wires, supporting improved revenue quality and margins.

• Maintained resilience despite global supply-side disruptions and geopolitical tensions, with robust cash flow generation and continued investments for competitive advantage.

• Strengthened B2C segment with new product launches and expanded distribution.

• Audited consolidated and standalone financial results for FY26 were approved, with unmodified opinions from auditors.

Financial highlights

• FY26 consolidated revenue reached INR 41,597.86 million, up 18.6% year-over-year; EBITDA rose 17.3% to INR 3,235 million; net profit was INR 1,609.42 million, up 10%.

• Q4 FY26 revenue was INR 11,364 million, up 20.9% year-over-year; EBITDA for the quarter was INR 804 million; Q4 PAT was INR 401 million, up 21%.

• Full-year sales volume: 4.58 lakh metric tons, highest ever for the company.

• Operating cash flow for FY26 was INR 3,331 million, a significant turnaround from negative cash flow in FY25.

• Earnings per share (consolidated, basic & diluted) for FY26 was Rs. 10.28, up from Rs. 9.73 in FY25.

Outlook and guidance

• Targeting over 25% ROCE by FY27 and cumulative operating cash flows exceeding INR 6,000 million for FY26-FY27.

• Maintains 20% annual growth guidance for both volume and EBITDA, contingent on normalization of geopolitical and demand conditions.

• CapEx for FY27 expected at INR 150-200 crore, with 60-70% of cash flows reinvested.

• The company continues to monitor regulatory changes, including new Labour Codes, and will adjust accounting as needed.