Bansal Wire Industries Limited announced its un-audited financial results for the third quarter of Fiscal Year 2026 (Q3 FY26), ending December 31, 2025. The company reported a net profit of ₹ 433 Million (Mn), marking a 13% year-on-year increase. Revenue for the quarter saw a significant rise of 11% year-on-year, reaching ₹ 10,290 Mn. The company's Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also grew by 19% year-on-year to ₹ 870 Mn, with an EBITDA margin of 8.4%. For the nine-month period of FY26 (9M FY26), Bansal Wire Industries Limited reported revenue of ₹ 30,234 Mn, an 17.8% increase compared to the previous year. EBITDA for the same period was ₹ 2,430 Mn, up 19.4% year-on-year, and Profit After Tax (PAT) stood at ₹ 1,208 Mn, a 6.7% increase. Mr. Pranav Bansal, MD & CEO, commented on the performance, highlighting steady execution and the company's robust operating model. He noted the successful launch and commercialization of the IHT Wire in the specialty segment, which was ahead of schedule. The company is strategically moving towards higher-value automotive applications. Cash flow generation has improved, with approximately 80-90% of the FY26 target already achieved. Bansal Wire Industries Limited is confident in delivering approximately 35% volume growth and 20% EBITDA growth for the full year, with a continued focus on improving asset turns and Return on Capital Employed (ROCE). Bansal Wire Industries Limited, established in 1985, is described as the largest stainless steel wire manufacturing company and the second largest steel wire manufacturing company by volume in India. Its diversified product portfolio serves sectors including automotive, general engineering, infrastructure, and agriculture.
