📌 At a glance:
- FY25 PAT: ₹66 crore (+51% YoY)
- Revenue: ₹2,120 crore (+11%)
- Q4 PAT: ₹17.2 crore (flat YoY)
- CMP: ₹393.50 (–2.26% today)
🏭 About the Company
Bansal Wire Industries Ltd is a stainless steel and high carbon wire manufacturer catering to industrial, automotive, infrastructure, and consumer sectors. It listed on the NSE recently and has already become a retail favourite thanks to low float and strong bottom-line growth.
🧑🏭 Key Management
- MD: R. K. Bansal
📊 FY25 Financial Highlights
| Metric | FY25 | FY24 | YoY Change |
|---|---|---|---|
| Revenue | ₹2,120 cr | ₹1,911 cr | +11% |
| PAT | ₹66 cr | ₹43.7 cr | +51% |
| Q4 Revenue | ₹557 cr | ₹558 cr | Flat |
| Q4 PAT | ₹17.2 cr | ₹17.3 cr | Flat |
🧮 Fair Value Estimate
- FY27E PAT = ₹100 cr (15% CAGR)
- Apply P/E = 20x (smallcap industrial avg)
- FV = ₹2,000 cr MCap → FV/share = ₹345 (≈5.8 cr shares)
- CMP = ₹393.50 → Slightly overvalued
⚠️ Risks
- Stainless steel prices volatile
- B2B concentration risk
- New capex required to scale beyond ₹2,500 cr topline
📈 Positives
- Debt-free balance sheet
- High promoter holding (~75%)
- Broad sector exposure (infra, auto, real estate)
😂 EduInvesting Take
- 51% profit growth deserves claps, but Q4 plateau shows saturation signs
- CMP above FV = valuation ahead of fundamentals
- Verdict: “Stock’s wired for growth, but Q4 says wait before you plug in more capital.”
