Bharat Wire Ropes Limited Company Logo

Bharat Wire Ropes Limited - Company Profile

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

1986 | Chalisgaon, Maharashtra, India | Active
Last Updated:

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 Indicators

  • Authorised Capital ₹ 85.00 Cr
  • Paid Up Capital ₹ 68.62 Cr
  • Company Age 39 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 500.94 Cr
  • Satisfied Charges ₹ 1,226.08 Cr
  • Revenue Growth 43.40%
  • Profit Growth 355.54%
  • Ebitda 123.25%
  • Net Worth 24.01%
  • Total Assets 0.96%
Company report

Bharat Wire Ropes Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Venkateswararao Laxmanamurty KandikuppaWhole-Time Director01 Jan 2016Current
Murarilal Ramsukh MittalManaging Director03 Nov 2010Current
Sanjiv SwarupDirector28 Apr 2018Current
Subhash Chander KaliaDirector25 Apr 2023Current
Mayank MittalManaging Director16 Aug 2020Current
Ruhi MittalDirector16 Apr 2015Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddWhole-Time Director31 Dec 2010Past
Pramod AbcsddAdditional Director30 Sep 2010Past
Pramod AbcsddDirector31 May 2018Past
Pramod AbcsddDirector15 Nov 2011Past
Pramod AbcsddAdditional Director13 Aug 2018Past
Pramod AbcsddDirector20 Apr 2020Past

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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%.

Bharat Wire Ropes revenue growth over time
Bharat Wire Ropes profit and loss trends over time
  • 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%

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 Indicator graph

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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

DateLenderAmountStatus
27 Mar 2023Hdfc Bank Limited₹9.45 MOpen
19 Mar 2021Others₹250.00 CrOpen
16 Mar 2021Others₹250.00 CrOpen
31 Dec 2019Others₹51.87 CrSatisfied
26 Oct 2017Others₹5.00 CrSatisfied

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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 growth trends for Bharat Wire Ropes Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Bharat Wire Ropes

Recent Activity within the Organization

  • Annual General Meeting

    The activity Bharat Wire Ropes Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records. was completed.

  • 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.

  • 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 8 months . was recorded as a recent event.

  • Director Appointment

    Progress on 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 8 months . was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.94 Cr with Charge ID 100739388 was registered on 27 Mar 2023. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 02 Mar 2016 via Charge ID 100016246 with Others was fully satisfied on 24 Jun 2022. was documented.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Bharat Wire Ropes Limited?

    The CIN of Bharat Wire Ropes Limited is L27200MH1986PLC040468.

  • Where is Bharat Wire Ropes Limited headquartered?

    Bharat Wire Ropes Limited is headquartered at Plot No. 4, Midc, Chalisgaon Industrial Area, Village - Khadki, Taluka - Chalisgaon,, Chalisgaon, Maharashtra, 424101.

  • When was Bharat Wire Ropes Limited incorporated?

    Bharat Wire Ropes Limited was incorporated on 24 July 1986.

  • Who are the current directors of Bharat Wire Ropes Limited?

    The current directors of Bharat Wire Ropes Limited are

  • What is the primary industry of Bharat Wire Ropes Limited?

    The primary industry of Bharat Wire Ropes Limited is Manufacturing.

  • Is Bharat Wire Ropes Limited a listed company?

    Bharat Wire Ropes Limited is listed. It is listed on BSE: 539799 and NSE: BHARATWIRE.

  • What is the capital structure of Bharat Wire Ropes Limited?

    The authorized capital of Bharat Wire Ropes Limited is ₹85.00 Cr, and the paid-up capital is ₹68.62 Cr.

  • What is the compliance status of Bharat Wire Ropes Limited?

    The compliance status of Bharat Wire Ropes Limited is Compliant.

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