Bansal Wire Industries Sees 10% Stock Surge Amid Record Q4 Sales Volume

Bansal Wire Industries Sees Sharp 10% Jump in Shares Following Business Update

Shares of Bansal Wire Industries, one of Asia's leading steel wire manufacturing companies by volume, surged by 10% to ₹257.40 apiece on Thursday, April 2, following the company's business update for the March quarter. The sharp increase comes on the back of the company's regulatory filing on Wednesday, which reported its highest-ever sales volume of 1,17,644 metric tonnes (MT) in Q4FY26, a 2,044 MT increase from 1,14,600 MT in the same period last year.

Despite experiencing a temporary disruption in the supply of industrial gases across India due to ongoing geopolitical tensions in the West Asian region, the company's volumes remained at healthy levels. For the fiscal year ended March 31, the company's sales stood at 4,58,054 MT, a significant increase from 3,44,710 MT in FY25.

Bansal Wire Industries: Key Financial Highlights

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The company reported a 11.3% year-on-year (YoY) growth in revenue in the December quarter (Q3FY26), with EBITDA rising 18% YoY to ₹85 crore. However, net profit remained flat at ₹43 crore. During the quarter, the company made significant progress in its specialty segment with IHT Wire, which was launched in October 2025. It also successfully received customer approvals and commenced commercial production and sales during the quarter, well ahead of its original FY26 year-end target.

The company further noted that its cash flow generation has improved meaningfully, with approximately 80–90% of its FY26 target already achieved. Supported by strong demand visibility and disciplined execution, Bansal Wire Industries remains confident of delivering 35% volume growth and 20% EBITDA growth for the full year, while continuing to improve asset turns and ROCE.

Despite its recent business update, the company's shares have remained under pressure since August 2025, declining 43% through the end of March. The shares debuted on the Indian stock market in July 2024, listing at a 37% premium at ₹350 apiece over the IPO price of ₹256. Although the company maintained its listing momentum in the subsequent months, reaching an all-time high of ₹502.20 in December 2024, the rally soon faded, and the sell-off intensified thereafter, leaving the stock trading 53.4% lower from that level. In terms of yearly performance, the stock ended CY25 with a negative return of 31.6%.

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