20th May, 2025, Mumbai:
Bansal Wire Industries Limited, country’s largest stainless steel wire manufacturing company and second largest steel wire manufacturing company by volume, reported 36 % year-on-year jump in net profit to ₹ 331 Mn for the fourth quarter ended March 31, 2025. The Company’s revenue for Q4 FY25 rose 33 % YoY to ₹ 9,402 Mn; while EBITDA grew to ₹ 747 Mn, up 59 % YoY.
For the full year ended March 31, 2025, the Company’s net profit was at ₹ 1,464 Mn, up 95 % YoY. Revenue for the period stood at ₹ 35,072 Mn, growing 42 % YoY; while EBITDA rose 86 % to ₹ 2,782 Mn.
The Company has announced approx. ₹6,000 million investment in a greenfield project in Sanand, Gujarat, comprising capacity of approx. 1.8 lakh-tonne induction-based steel plant and a 60,000-tonne low-carbon and stainless steel wire facility. With 42 acres of land acquired near Tata Nagar Manufacturing plant for ₹800 – ₹900 million, the project is expected to be completed by September 2027. This initiative will support backward integration by importing steel scrap for steel production to support wire manufacturing.
Consolidated Q4 & FY25 Financial Highlights (₹ in Mn)
| Particulars | Q4 FY25 | Q4 FY24 | % YoY | FY25 | FY24 | % YoY |
| Revenue | 9,401.9 | 7,086.2 | 32.7 % | 35,071.7 | 24,660.3 | 42.2 % |
| EBITDA* | 747.3 | 470.0 | 59.0 % | 2,782.1 | 1492.6 | 86.4 % |
| EBITDA Margin (%) | 7.9 % | 6.6 % | 130 bps | 7.9 % | 6.0 % | 190 bps |
| PAT | 331.2 | 244.1 | 35.7 % | 1,463.6 | 752.4 | 94.5 % |
| PAT Margin (%) | 3.5 % | 3.4 % | 10 bps | 4.2 % | 3.1 % | 110 bps |
Commenting on the performance, Mr. Pranav Bansal, MD & CEO, Bansal Wire Industries Limited said, We stand at an exciting milestone, poised to unlock the next phase of growth and opportunity. The past year has been truly transformative — marked by a successful IPO and the commissioning of our new, state-of-the-art plant dedicated to value-added products. These milestones have laid a strong foundation and created a robust launchpad for the journey ahead. The consolidation of all our businesses under a single brand has not only sharpened our strategic focus but also significantly strengthened our leadership position in the Indian steel wire industry.
Today, the company operates through five manufacturing facilities with a combined installed capacity of 560kt. The recently commissioned 300kt expansion at our Dadri plant is progressing well through its ramp-up phase, and an additional 120kt is expected to come on stream by the first half of FY26. Our emphasis remains firmly on enhancing the share of value-added products, even as we continue to capture market share and solidify our position higher up the value chain in a highly fragmented industry landscape.
We are pushing boundaries, embracing new opportunities, and shaping an exciting future. We look forward to all that we will accomplish together.”
The Company recently unveiled its largest cutting-edge facility in Dadri, envisioned as one of the most advanced and sustainable wire manufacturing units in the country. With a current production capacity of 3 lakh MTPA, the facility is poised to scale up to 4.2 lakh MTPA by H1 FY26. BWIL’s total infrastructure is capable of supporting up to 6.80 Lakh MTPA.