Bharat Wire Ropes Limited - Company Profile

Q: Who are the current directors of Bharat Wire Ropes Limited?

The current directors of Bharat Wire Ropes Limited are Venkateswararao Laxmanamurty Kandikuppa, Murarilal Ramsukh Mittal, Sanjiv Swarup, Mr Mahender Singh Arora, Subhash Chander Kalia, Mayank Mittal, Ruhi Mittal, Anita Rahul Shantaram, Shivkumar Ramkishan Malu, Govinda Mangaru Soni, Sushil Radheyshyam Sharda, Mahender Singh Arora, Mr Rakesh Kumar Jain, Govinda Soni.

It is a manufacturing public limited company based in Chalisgaon, Maharashtra, India, established in 1986.

1986 Chalisgaon, Maharashtra, India Active

Last Updated: December 21, 2025

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About Bharat Wire Ropes Limited

Bharat Wire Ropes Limited, a active public limited company, was established on 24 July 1986 in Chalisgaon, Maharashtra, India. Engaging in cable & wire within the manufacturing sector, it holds CIN: L27200MH1986PLC040468. Registered under ROC Roc Mumbai. it is listed on BSE: 539799 and NSE: BHARATWIRE. It has an authorized capital of ₹85.00 Cr and a paid-up capital of ₹68.62 Cr.

Formerly known as Bharat Ropes Pvt. Ltd., Bharat Ropes Ltd.. It upholds a compliant status. In 2023, it reported revenue of ₹589.73 Cr and a net worth of ₹560.17 Cr. Employing 523 professional, Its leadership includes Venkateswararao Laxmanamurty Kandikuppa (Whole-Time Director), Murarilal Ramsukh Mittal (Managing Director), Sanjiv Swarup (Director). Past directors included Sunderji Mulji Shah, Braja Kishore Mishra, Supratik Chatterjee. It holds ₹500.94 Cr open charges and ₹1,226.08 Cr settled loans. Its latest AGM occurred on 25 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 4, Midc, Chalisgaon Industrial Area, Village - Khadki, Taluka - Chalisgaon,, Chalisgaon, Maharashtra, 424101.

Company Details

CIN/LLPIN
L27200MH1986PLC040468
Registration Number
040468
Incorporation Date
24 July 1986
Authorized Capital
₹85.00 Cr
Paid-Up Capital
₹68.62 Cr
ROC Code
Roc Mumbai
Listing Status
Listed (BSE: 539799, NSE: BHARATWIRE)
Company Status
Active

Key Metrics

Authorised Capital ₹ 85.00 Cr as on 21-12-2025
Paid Up Capital ₹ 68.62 Cr as on 21-12-2025
Company Age 39 Year, 7 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 500.94 Cr as on 21-12-2025
Satisfied Charges ₹ 1,226.08 Cr as on 21-12-2025
Revenue Growth **** 43.40% (FY 2023)
Profit Growth **** 355.54% (FY 2023)
Ebitda **** 123.25% (FY 2023)
Net Worth 24.01% (FY 2023)
Total Assets **** 0.96% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Bharat Wire Ropes Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Bharat Wire Ropes Limited?

Current Directors

Name	Designation	Appointment Date	Status
Venkateswararao Laxmanamurty Kandikuppa	Whole-Time Director	01 Jan 2016	Current
Murarilal Ramsukh Mittal	Managing Director	03 Nov 2010	Current
Sanjiv Swarup	Director	28 Apr 2018	Current
Subhash Chander Kalia	Director	25 Apr 2023	Current
Mayank Mittal	Managing Director	16 Aug 2020	Current
Ruhi Mittal	Director	16 Apr 2015	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	31 Dec 2010	Past
Pramod Abcsdd	Additional Director	30 Sep 2010	Past
Pramod Abcsdd	Director	31 May 2018	Past
Pramod Abcsdd	Director	15 Nov 2011	Past
Pramod Abcsdd	Additional Director	13 Aug 2018	Past
Pramod Abcsdd	Director	20 Apr 2020	Past

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Financial Performance of Bharat Wire Ropes.

Bharat Wire Ropes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.4% increase. The company also saw a substantial improvement in profitability, with a 355.54% increase in profit. The company's net worth Soared by an impressive increase of 24.01%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

43.40%

*******

Revenue from Operations

*******

43.44%

*******

Total Assets

*******

0.96%

*******

Profit or Loss

*******

355.54%

*******

Net Worth

*******

24.01%

*******

EBITDA

*******

123.25%

*******

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What is the Ownership and Shareholding Structure of Bharat Wire Ropes?

In 2023, Bharat Wire Ropes had a promoter holding of 39.90% and a public holding of 60.12%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹5,009,445,000.00

Satisfied Charges

₹12,260,824,000.00

Charges Breakdown by Lending Institutions

Others : 500.00 Cr
Hdfc Bank Limited : 0.94 Cr

Latest Charge Details

Date	Lender	Amount	Status
27 Mar 2023	Hdfc Bank Limited	₹9.45 M	Open
19 Mar 2021	Others	₹250.00 Cr	Open
16 Mar 2021	Others	₹250.00 Cr	Open
31 Dec 2019	Others	₹51.87 Cr	Satisfied
26 Oct 2017	Others	₹5.00 Cr	Satisfied

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How Many Employees Work at Bharat Wire Ropes?

Bharat Wire Ropes has a workforce of 523 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Bharat Wire Ropes, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bharat Wire Ropes's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Bharat Wire Ropes

Recent Activity within the Organization

Annual General Meeting

Progress on Bharat Wire Ropes Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was documented.
25 Sep 2024
Balance Sheet

Bharat Wire Ropes Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.
31 Mar 2024
Director Appointment

Subhash Chander Kalia was appointed as a Director was appointed as a Director on 25 Apr 2023 & has been associated with this company since 2 years 10 months . was recorded as a recent event.
25 Apr 2023
Director Appointment

Anita Rahul Shantaram was appointed as a Director was appointed as a Director on 25 Apr 2023 & has been associated with this company since 2 years 10 months . was recorded as a recent event.
25 Apr 2023
Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.94 Cr with Charge ID 100739388 was registered on 27 Mar 2023. was documented.
27 Mar 2023
Charges

A charge registered on 02 Mar 2016 via Charge ID 100016246 with Others was fully satisfied on 24 Jun 2022. was recorded as a recent event.
24 Jun 2022

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