Bansal Wire posts record Q2 profit, guides 20% H2 volume growth
BANSALWIRE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.9 pts less than Nifty Microcap 250 and 1.3 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 revenue rose 24% to Rs 1,308 crore, EBITDA 29% to Rs 105 crore and profit 38% to Rs 53 crore, all records. Management targets 20% H2 volume growth, EBITDA per tonne of Rs 7,000-7,500 and Rs 800 crore operating cash flow in FY27-28. Steel tyre cord trials and customer approvals are progressing. Capacity may reach 8.3 lakh tonnes by next year end, with annual spending of Rs 200-225 crore. Debt fell 40% to Rs 300 crore.
Positive: record profit and stronger EBITDA per tonne and cash flow support earnings; expansion and capacity plans support growth.