Mumbai, Apr 30 : Bansal Wire Industries Limited, country’s largest stainless steel wire manufacturing company and second largest steel wire manufacturing company by volume, reported 21.0% year-on-year jump in net profit to 400.7 Mn for the fourth quarter ended March 31, 2026. The Company’s revenue for Q4 FY26 rose 20.9% YoY to 11,363.6 Mn; while EBITDA grew to 804.4 Mn, up 11.1% YoY.
Commenting on the performance, Mr. Pranav Bansal, MD & CEO, Bansal Wire Industries Limited said,
“We have closed FY26 on a strong footing, setting the stage for our next phase of growth. We delivered healthy sales volumes of 4,58,055 MT, reflecting a robust 33% year-on-year growth, driven by disciplined execution, strengthening product mix, and growing customer confidence.
Despite global supply-side disruptions impacting end of March 26, we sustained healthy volumes highlighting the resilience and agility of our operating model.
This year marks a clear inflection in our journey. We accelerated our diversification towards high-value specialty products, with IHT and OHT wires gaining strong traction supported by early customer approvals and faster-than-expected commercialization. This will translate into improved revenue quality and margins going forward.
Our disciplined execution has driven a strong improvement in cash flow generatios with #333 crore in FY26 keeping us firmly on track to deliver 600 crore in operating free cash flow over FY26-FY27, alongside continued investments that strengthen our competitive edge.
As we enter FY27, while our production and sales have been impacted by disruptions arising from geopolitical challenges in the short term, we remain firmly focused on our strategic priorities-expanding our portfolio of value-added products, deepening engagement with key customers, and driving operational excellence. We are confident in our ability to deliver sustained growth in revenue and profitability over the long term.”
