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Bharat Wire Ropes Ltd
NSE:BHARATWIRE

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Bharat Wire Ropes Ltd
NSE:BHARATWIRE
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Price: 171.6 INR 1.25%
Market Cap: ₹11.8B

Gross Margin

46.8%
Current
Improving
by 3%
vs 3-y average of 43.8%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
46.8%
=
Gross Profit
₹2.9B
/
Revenue
₹6.2B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
46.8%
=
Gross Profit
₹2.9B
/
Revenue
₹6.2B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Bharat Wire Ropes Ltd
NSE:BHARATWIRE
11.8B INR
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ZA
Kumba Iron Ore Ltd
JSE:KIO
103.6B ZAR
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BR
Vale SA
BOVESPA:VALE3
361.5B BRL
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LU
ArcelorMittal SA
AEX:MT
39.6B EUR
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AU
Fortescue Metals Group Ltd
ASX:FMG
62.4B AUD
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AU
Fortescue Ltd
XMUN:FVJ
37.6B EUR
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US
Nucor Corp
NYSE:NUE
42.6B USD
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IN
JSW Steel Ltd
NSE:JSWSTEEL
3T INR
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US
Steel Dynamics Inc
NASDAQ:STLD
27.8B USD
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IN
Tata Steel Ltd
NSE:TATASTEEL
2.6T INR
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US
Allegheny Technologies Inc
NYSE:ATI
22.1B USD
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Market Distribution

In line with most companies in India
Percentile
62st
Based on 4 996 companies
62st percentile
46.8%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Bharat Wire Ropes Ltd
Glance View

Market Cap
11.8B INR
Industry
Metals & Mining

Bharat Wire Ropes Ltd. engages in the manufacture and sale of steel wire ropes, wire strands, and wire rope slings. The company is headquartered in Mumbai, Maharashtra and currently employs 540 full-time employees. The company went IPO on 2016-04-01. The firm supplies its products to approximately 50 countries globally in European and Scandinavian Countries, Newzealand, African and the Middle Eastern markets, South-East Asia, West Asia, Latin America and North America. The firm has a diverse product mix, which includes general purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil& gas ropes & shipping ropes. in addition to the above mechanically spliced slings, hand spliced slings, earth wires, stay wires, guy wires and spiral strands. The firm manufacture all wires at its plant in Chalisgaon. The firm has a diversified customer base from different industries, including oil and gas, mining, fishing, ports and marine, elevator, power transmission, railways, construction, infrastructure, defense, crane manufacturers, and others.

BHARATWIRE Intrinsic Value
170.18 INR
Overvaluation 1%
Intrinsic Value
Price ₹171.6
B
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
46.8%
=
Gross Profit
₹2.9B
/
Revenue
₹6.2B
What is Bharat Wire Ropes Ltd's current Gross Margin?

The current Gross Margin for Bharat Wire Ropes Ltd is 46.8%, which is above its 3-year median of 43.8%.

How has Gross Margin changed over time?

Over the last 3 years, Bharat Wire Ropes Ltd’s Gross Margin has increased from 41.2% to 46.8%. During this period, it reached a low of 35.5% on Mar 31, 2023 and a high of 48.8% on Jun 30, 2024.

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