Bansal Wire Industries (BANSALWIRE) Q1 26/27 earnings summary

Executive summary

• Q1 faced operational disruptions and higher input costs due to geopolitical tensions and gas shortages, impacting profitability in the first half of the quarter, but operations and production recovered in the latter half.

• Achieved strategic milestones, including the first trial order in the Steel Cord business and expansion into new B2C segments such as farming, fencing, and poultry.

• B2C segment expanded, contributing 10% of sales and reflecting successful diversification.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with clean auditor reviews.

• Maintained strong fundamentals and remain on track to meet volume and EBITDA targets for the year.

Financial highlights

• Consolidated revenue for Q1 FY27 was Rs 11,678.91 million, up from Rs 9,390.07 million in Q1 FY26, representing a 24.4% year-over-year increase.

• EBITDA for the quarter was Rs 567 million, down 23.8% year-over-year, reflecting a one-time cost escalation.

• Consolidated net profit after tax for Q1 FY27 was Rs 204.61 million, compared to Rs 392.79 million in Q1 FY26.

• Sales volume reached 111,962 MT, up 7.6% year-over-year.

• Operating cash flow for Q1 FY27 was Rs 1,211 million, reflecting strong working capital management.

Outlook and guidance

• Targeting 20% volume and EBITDA growth for the remainder of FY27, with a focus on specialty wires and B2C segments to drive higher margins and growth.

• Targeting over Rs. 800 crore positive cash flows from operations in FY27 and FY28 combined and aiming for ROCE above 25% in the short term.

• Board and management confirmed continued focus on core steel wire manufacturing business.