Greater Noida(Business Desk):Bansal Wire Industries Limited, country’s largest stainless steel wire manufacturing company and second largest steel wire manufacturing company by volume, reported 24.6% year-on-year jump in net profit to ₹ 393 Mn for the first quarter ended June 30, 2025. The Company’s revenue for Q1 FY26 rose 14.9 % YoY to ₹ 9,390 Mn; while EBITDA grew to ₹ 745 Mn, up 19.6 % YoY.
Consolidated Q1 FY26 Financial Highlights (₹ in Mn)
Particulars | Q1 FY26 | Q1 FY25 | % YoY | FY25 | FY24 | % YoY |
Revenue | 9,390.1 | 8,169.2 | 14.9 % | 35,071.7 | 24,660.3 | 42.2 % |
EBITDA* | 744.6 | 622.4 | 19.6 % | 2,782.1 | 1492.6 | 86.4 % |
EBITDA Margin (%) | 7.9 % | 7.6 % | 30 bps | 7.9 % | 6.0 % | 190 bps |
PAT | 392.8 | 315.1 | 24.6 % | 1,463.6 | 752.0 | 94.5 % |
PAT Margin (%) | 4.2 % | 3.9 % | 30 bps | 4.2 % | 3.1 % | 110 bps |
*EBITDA Includes Other Income |
Commenting on the performance, Mr. Pranav Bansal, MD & CEO, Bansal Wire Industries Limited said, We are pleased to report a strong start to FY26, building on the momentum of a transformational FY25. Our performance reflects the strength of our integrated operations, product innovation and customer focus.
India’s infrastructure growth and rising manufacturing demand continue to drive structural tailwinds for the steel wire industry, with Bansal Wire well-positioned to lead this shift.
The Dadri expansion is progressing well, with new capacity expected soon. We are also scaling our specialty wire portfolio hose wire, bead wire, and steel cord targeting high-growth, high-value segments aligned with India’s import substitution drive. Unifying all businesses under a single brand has further strengthened our industry leadership.
Our long-term roadmap includes a backward-integrated steel and stainless steel wire facility in Sanand, Gujarat, aimed at securing raw material supply, improving cost efficiency and enhancing sustainability through solar power, rainwater harvesting, and acid-free systems.
We remain focused on execution, innovation, and market expansion to drive long-term value for all stakeholders.
The Company has initiated the development of a backward-integrated steel and stainless steel wire facility in Sanand, Gujarat, as part of its strategic growth and sustainability roadmap. Major equipment for the project has already been finalized, and orders have been successfully placed with leading global suppliers.
This greenfield project is aimed at securing raw material supply, reducing exposure to market volatility, and improving cost efficiency across the value chain. In line with the Company’s sustainability goals, the facility will incorporate environmentally responsible features such as solar power generation, advanced rainwater harvesting systems, and acid-free processing technologies.