Bharat Wire Ropes Ltd. · NSE:BHARATWIRE
Bharat Wire Ropes — Q3 FY2026 Earnings Presentation
21 slides from Bharat Wire Ropes's earnings presentation, Feb 17, 2026
Slide 1: Regulation 30 – Investor Presentation cover letter
Ref.: BWRL/2025-26/SE/ Misc./21 Date: 17th February, 2026 To, National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Bandra (E), Mumbai – 400 051. Mumbai – 400 001. NSE Symbol: BHARATWIRE BSE Scrip Code: 539799 D
Slide 2: Q3/9M-FY26 Earnings Presentation
Q3/9M-FY26 Earnings Presentation Bharat Wire Ropes Ltd. “Engineering Excellence”
Slide 3: Company Snapshot
Company Snapshot One of the largest manufacturer of Manufacturing capability of Steel Wires, Steel Wire Ropes in India Strands, Slings and Wire Ropes with over thousands of varieties Management with combined Integrated state-of-the-art wire rope plants experience of over three decades with a Total M
Slide 4: Key Drivers for Bottomline
Key Drivers for Bottomline Optimization Of Focus on Value Major Costs Added products Reduction in Debt, Interest & Debottlenecking Improved Capacities Liquidity Wider Improved geographical acceptability of penetration BWR products 3
Slide 5: Company Overview
Company Overview • Bharat Wire Ropes Limited (“BWR”) was originally incorporated in the year 1986, and later in 2010, it Revenues (INR Mn) and EBITDA Margins (%) was acquired by Mr. M L Mittal, current promoter and managing director. The company is headquartered in Mumbai, Maharashtra. 6,218 6,193 5
Slide 6: Product Mix
Product Mix Wire Ropes Strands Slings Steel Wire 6-100 MM of various Mechanically Spliced, Hand High carbon steel wires Description Stay Wire, Structural ranging from 0.3mm to 5.5 construction like 6*19, Spliced, Spelter Sockets and 6*36, 8*19, 35*7 etc. Strands and Earth Wire mm upto 2,360 N/mm^2 S
Slide 7: Applications
Applications Oil & Gas Cranes Mining Offshore Marine Elevator Structural Ship Mooring Roof Structure Ropes Industrial Cranes Speed Arresters Transmission Tower Industrial Cranes Offshore Cranes Suspension Bridge Ropes Elevator Ropes Dragline Drag & Hoist Trawl Warps Mobile Lattice Boom Cranes 6
Slide 8: Product Presence in 55+ countries across the Globe
Product Presence in 55+ countries across the Globe Europe Finland Denmark Estonia Canada Poland UK Germany Ukraine Netherland Belgium Bulgaria North America Italy USA Turkey Azerbaijan Spain Nepal Kuwait Egypt Qatar Bangladesh Saudi UAE Asia Oman India Thailand Arabia Africa Singapore Uganda Indones
Slide 9: Strategic Overview
Strategic Overview Catering to a wider customer base on account of its diversified product offering 4 Industrial Promotion Subsidy equivalent to 100% of eligible Efforts been made to focus on productivity and occupy the investments as per SGST for a maximum of INR 4,350 Mn, of maximum number of mach
Slide 10: Financial Overview
Financial Overview
Slide 11: Key Financial & Operational Highlights
Key Financial & Operational Highlights Q4-FY21 Financial Q3-FY26 FinancialPerformance Performance Revenue from Operational Highlights: Operations EBITDA EBITDA Margins INR 1,428 Mn INR 326 Mn 22.83% (11.7)% YoY 12.4% YoY 491 Bps • The company has been able to improve profitability as compared to cor
Slide 12: Key Operational Highlights – Q3-FY26
Key Operational Highlights – Q3-FY26 Volume (In MT) Operational Revenue (INR Mn) 11,469 10,058 1,618 1,428 Q3-FY25 Q3-FY26 Q3-FY25 Q3-FY26 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 326 290 182 22.83% 149 17.92% 9.21% 12.75% Q3-FY25 Q3-FY26 Q3-FY25 Q3-FY26 11
Slide 13: Key Operational Highlights – 9M-FY26
Key Operational Highlights – 9M-FY26 Volume (In MT) Operational Revenue (INR Mn) 4,475 4,491 31,568 31,357 9M-FY25 9M-FY26 9M-FY25 9M-FY26 EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 1,012 953 560 518 21.30% 22.53% 11.58% 12.47% 9M-FY25 9M-FY26 9M-FY25 9M-FY26 12
Slide 14: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY26 Q3-FY25 Y-o-Y Q2-FY26 Q-o-Q Revenue from Operations 1,428 1,618 (11.7)% 1,646 (13.2)% Total Expenses 1,102 1,328 (17.0)% 1,262 (12.7)% EBIDTA 326 290 12.4% 384 (15.1)% EBIDTA Margins (%) 22.83% 17.92% 491 Bps 23.33% (50) Bps Depreciation a
Slide 15: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) 9M-FY26 9M-FY25 Y-o-Y Revenue from Operations 4,491 4,475 0.4% Total Expenses 3,479 3,522 (1.2)% EBIDTA 1,012 953 6.2% EBIDTA Margins (%) 22.53% 21.30% 123 Bps Depreciation and amortisation expenses 177 163 8.6% Finance costs 90 97 (7.2)% Other Income 5
Slide 16: Historical Income Statement
Historical Income Statement Particulars (INR Mn) 9M-FY26 FY25 FY24 FY23 Revenue from Operations 4,491 6,193 6,218 5,891 Total Expenses 3,479 4,870 4,577 4,503 EBIDTA 1,012 1,323 1,641 1,388 EBIDTA Margins (%) 22.53% 21.36% 26.39% 23.56% Depreciation and amortisation expenses 177 220 212 207 Finance
Slide 17: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) H1-FY26 FY25 FY24 Particulars (INR Mn) H1-FY26 FY25 FY24 Equity 7,762 7,365 6,608 Non-Current Assets 5,521 5,416 5,026 (a) Equity Share Capital 686 684 680 (a) Property, Plant and Equipment 4,801 4,827 4,750 (b) Other Equity 7,076 6,681 5,928 (b) Capital
Slide 18: Financial Highlights
Financial Highlights Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) 963 6,218 6,193 1,641 5,891 1,388 1,323 724 4,491 622 1,012 560 26.39% 23.56% 22.53% 15.49% 21.36% 11.69% 12.47% 10.56% FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M
Slide 19: Capital Market Data
Capital Market Data Stock Price (As on 31st December, 2025) 20% BWR SENSEX 10% 0% -10% -20% -30% -40% -50% Jan-2025 Feb-2025 Mar-2025 Apr-2025 May-2025 Jun-2025 Jul-2025 Aug-2025 Sep-2025 Oct-2025 Nov-2025 Dec-2025 Price Data (As on 31st December, 2025) INR Shareholding Pattern (As on 31st December,
Slide 20: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 21: Thank You
Thank You