Revenue rises 23.9%; quarterly sales volume reaches an all-time high of 1.29 lakh tonnes
New Delhi, October 22, 2026: Bansal Wire Industries Limited reported strong financial performance in Q2 FY27, with consolidated revenue rising 23.9% year-on-year to ₹1,308.1 crore and EBITDA increasing 28.7% to a record ₹105 crore. Profit after tax grew 38% to ₹52.9 crore.
Quarterly sales volume reached an all-time high of 1,28,867 metric tonnes, up 12.4% year-on-year. For H1 FY27, revenue increased 24.1% to ₹2,476 crore, while EBITDA rose 3.7% to ₹161.7 crore. However, half-yearly profit after tax declined 5.5% to ₹73.4 crore.
Managing Director and CEO Pranav Bansal attributed the quarterly performance to an improved product mix and operational efficiency at the Dadri plant. EBITDA per tonne reached ₹8,150.4, while capacity utilisation improved to 74%. The company is also expanding its value-added product portfolio, including IHT wire and Steel Tyre Cord.
The company reported operating cash flow of ₹339 crore in H1 FY27 and improved its return on capital employed to 22.3% in Q2 FY27. It aims to achieve a ROCE of 25%, supported by higher capacity utilisation and a focus on higher-margin products.
About Bansal Wire Industries Limited
Bansal Wire Industries Limited is part of the Bansal Group, which was established in 1938. The company describes itself as India’s largest stainless steel wire manufacturer and the country’s second-largest steel wire manufacturer by volume. With a legacy spanning more than 88 years, it serves a diverse range of industries, including automotive, cables, general engineering, infrastructure, hardware, consumer durables, power transmission, agriculture, poultry and automotive replacement markets.
