Bharat Wire Ropes Limited (BHARATWIRE) - Net Assets
Based on the latest financial reports, Bharat Wire Ropes Limited (BHARATWIRE) has net assets worth Rs7.76 Billion INR (≈ $83.94 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.77 Billion ≈ $105.67 Million USD) and total liabilities (Rs2.01 Billion ≈ $21.72 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Bharat Wire Ropes Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.76 Billion |
| % of Total Assets | 79.44% |
| Annual Growth Rate | 26.27% |
| 5-Year Change | 69.27% |
| 10-Year Change | 432.61% |
| Growth Volatility | 253.88 |
Bharat Wire Ropes Limited - Net Assets Trend (2010–2025)
This chart illustrates how Bharat Wire Ropes Limited's net assets have evolved over time, based on quarterly financial data. Also explore BHARATWIRE total assets for the complete picture of this company's asset base.
Annual Net Assets for Bharat Wire Ropes Limited (2010–2025)
The table below shows the annual net assets of Bharat Wire Ropes Limited from 2010 to 2025. For live valuation and market cap data, see market value of Bharat Wire Ropes Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs7.37 Billion ≈ $79.66 Million |
+11.50% |
| 2024-03-31 | Rs6.61 Billion ≈ $71.45 Million |
+17.93% |
| 2023-03-31 | Rs5.60 Billion ≈ $60.58 Million |
+24.01% |
| 2022-03-31 | Rs4.52 Billion ≈ $48.85 Million |
+3.80% |
| 2021-03-31 | Rs4.35 Billion ≈ $47.06 Million |
+1014.22% |
| 2020-03-31 | Rs390.55 Million ≈ $4.22 Million |
-60.83% |
| 2019-03-31 | Rs997.08 Million ≈ $10.78 Million |
-30.41% |
| 2018-03-31 | Rs1.43 Billion ≈ $15.50 Million |
+2.47% |
| 2017-03-31 | Rs1.40 Billion ≈ $15.12 Million |
+1.11% |
| 2016-03-31 | Rs1.38 Billion ≈ $14.96 Million |
+95.06% |
| 2015-03-31 | Rs708.99 Million ≈ $7.67 Million |
+2.53% |
| 2014-03-31 | Rs691.47 Million ≈ $7.48 Million |
+2.22% |
| 2013-03-31 | Rs676.44 Million ≈ $7.32 Million |
+2.23% |
| 2012-03-31 | Rs661.68 Million ≈ $7.16 Million |
+175.33% |
| 2011-03-31 | Rs240.32 Million ≈ $2.60 Million |
+7.97% |
| 2010-03-31 | Rs222.58 Million ≈ $2.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bharat Wire Ropes Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 9435.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.36 Billion | 18.40% |
| Common Stock | Rs684.49 Million | 9.29% |
| Other Comprehensive Income | Rs44.75 Million | 0.61% |
| Other Components | Rs5.28 Billion | 71.70% |
| Total Equity | Rs7.37 Billion | 100.00% |
Bharat Wire Ropes Limited Competitors by Market Cap
The table below lists competitors of Bharat Wire Ropes Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Go Fashion (India) Limited
NSE:GOCOLORS
|
$164.69 Million |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
$164.70 Million |
|
Admicom Oyj
HE:ADMCM
|
$164.81 Million |
|
Braemar Hotel & Resorts Inc
NYSE:BHR
|
$164.83 Million |
|
Sabina Public Company Limited
BK:SABINA
|
$164.64 Million |
|
AFC Ajax NV
AS:AJAX
|
$164.63 Million |
|
Byggma
OL:BMA
|
$164.57 Million |
|
Capitan Mining Inc
V:CAPT
|
$164.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bharat Wire Ropes Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,606,342,000 to 7,365,770,000, a change of 759,428,000 (11.5%).
- Net income of 724,401,000 contributed positively to equity growth.
- Dividend payments of 383,000 reduced retained earnings.
- Share repurchases of 37,052,000 reduced equity.
- New share issuances of 37,052,000 increased equity.
- Other comprehensive income increased equity by 4,043,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs724.40 Million | +9.83% |
| Dividends Paid | Rs383.00K | -0.01% |
| Share Repurchases | Rs37.05 Million | -0.5% |
| Share Issuances | Rs37.05 Million | +0.5% |
| Other Comprehensive Income | Rs4.04 Million | +0.05% |
| Other Changes | Rs31.37 Million | +0.43% |
| Total Change | Rs- | 11.50% |
Book Value vs Market Value Analysis
This analysis compares Bharat Wire Ropes Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 12.80x to 2.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-03-31 | Rs17.34 | Rs222.03 | x |
| 2011-03-31 | Rs19.14 | Rs222.03 | x |
| 2012-03-31 | Rs51.18 | Rs222.03 | x |
| 2013-03-31 | Rs23.01 | Rs222.03 | x |
| 2014-03-31 | Rs23.52 | Rs222.03 | x |
| 2015-03-31 | Rs24.12 | Rs222.03 | x |
| 2016-03-31 | Rs31.83 | Rs222.03 | x |
| 2017-03-31 | Rs31.11 | Rs222.03 | x |
| 2018-03-31 | Rs31.88 | Rs222.03 | x |
| 2019-03-31 | Rs22.18 | Rs222.03 | x |
| 2020-03-31 | Rs8.69 | Rs222.03 | x |
| 2021-03-31 | Rs96.60 | Rs222.03 | x |
| 2022-03-31 | Rs71.85 | Rs222.03 | x |
| 2023-03-31 | Rs87.10 | Rs222.03 | x |
| 2024-03-31 | Rs97.18 | Rs222.03 | x |
| 2025-03-31 | Rs107.78 | Rs222.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bharat Wire Ropes Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.70%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 1.30x
- Recent ROE (9.83%) is above the historical average (-8.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 9.68% | 2.35% | 1.25x | 3.29x | Rs-707.60K |
| 2011 | 7.39% | 2.31% | 0.74x | 4.34x | Rs-6.28 Million |
| 2012 | 3.24% | 2.78% | 0.54x | 2.16x | Rs-44.76 Million |
| 2013 | 2.18% | 2.01% | 0.50x | 2.17x | Rs-52.89 Million |
| 2014 | 2.17% | 1.83% | 0.58x | 2.05x | Rs-54.11 Million |
| 2015 | 2.79% | 2.57% | 0.50x | 2.14x | Rs-51.15 Million |
| 2016 | 0.97% | 2.21% | 0.15x | 3.02x | Rs-124.87 Million |
| 2017 | 1.17% | 2.53% | 0.11x | 4.29x | Rs-123.43 Million |
| 2018 | 0.17% | 0.15% | 0.22x | 5.14x | Rs-140.79 Million |
| 2019 | -44.69% | -18.95% | 0.31x | 7.69x | Rs-545.27 Million |
| 2020 | -156.08% | -23.94% | 0.34x | 19.26x | Rs-648.63 Million |
| 2021 | -3.86% | -6.75% | 0.33x | 1.72x | Rs-603.03 Million |
| 2022 | 3.03% | 3.33% | 0.53x | 1.71x | Rs-315.05 Million |
| 2023 | 11.11% | 10.56% | 0.75x | 1.39x | Rs62.18 Million |
| 2024 | 14.56% | 15.47% | 0.76x | 1.24x | Rs301.37 Million |
| 2025 | 9.83% | 11.70% | 0.65x | 1.30x | Rs-12.18 Million |
Industry Comparison
This section compares Bharat Wire Ropes Limited's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $38,581,708
- Average return on equity (ROE) among peers: 11.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bharat Wire Ropes Limited (BHARATWIRE) | Rs7.76 Billion | 9.68% | 0.26x | $164.68 Million |
| Ankit Metal & Power Limited (ANKITMETAL) | $4.99 Billion | 10.25% | 2.32x | $2.44 Million |
| APL Apollo Tubes Limited (APLAPOLLO) | $155.16 Million | 43.49% | 4.18x | $5.72 Billion |
| Bansal Wire Industries Ltd (BANSALWIRE) | $4.61 Billion | 15.96% | 1.74x | $501.93 Million |
| Bedmutha Industries Limited (BEDMUTHA) | $-1.62 Billion | 0.00% | 0.00x | $38.63 Million |
| Electrotherm (India) Limited (ELECTHERM) | $-10.96 Billion | 0.00% | 0.00x | $111.23 Million |
| Grand Foundry Limited (GFSTEELS) | $-32.83 Million | 0.00% | 0.00x | $4.07 Million |
| Goodluck India Limited (GOODLUCK) | $978.14 Million | 20.56% | 2.88x | $451.00 Million |
| Godawari Power And Ispat limited (GPIL) | $2.07 Billion | 26.10% | 1.64x | $2.08 Billion |
| Hariom Pipe Industries Limited (HARIOMPIPE) | $152.16 Million | -10.33% | 2.30x | $111.44 Million |
About Bharat Wire Ropes Limited
Bharat Wire Ropes Limited manufactures and sells steel wire ropes in India. It offers wire ropes; slings, including mechanically spliced slings, hand spliced slings, and socketed slings; galvanized steel wire strands, such as earth wires, stay wires, and structural strands; and galvanized and ungalvanized steel wires. The company's products are used in general engineering, fishing, elevators, cra… Read more