Bansal Wire Industries Limited (BWIL), India's largest stainless steel wire manufacturer and the second-largest steel wire producer by volume, has reported a significant 36% year-on-year increase in net profit for the fourth quarter of FY25, reaching ₹331 million. This growth is attributed to enhanced operational efficiency and a strategic focus on value-added products.

The company's revenue for Q4 FY25 rose by 33% YoY to ₹9,402 million, reflecting strong demand across its product portfolio. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for the quarter stood at ₹747 million, marking a 59% increase from the previous year, with an EBITDA margin improvement of 130 basis points to 7.9%.

Full-Year FY25 Highlights

For the fiscal year ending March 31, 2025, BWIL reported a net profit of ₹1,464 million, up 95% from the previous year. The company's annual revenue reached ₹35,072 million, a 42% increase YoY, while EBITDA grew by 86% to ₹2,782 million. These figures underscore BWIL's strong financial health and its ability to capitalize on market opportunities.

Strategic Investment in Gujarat

In a move to bolster its manufacturing capabilities and support backward integration, BWIL has announced a ₹6,000 million investment in a greenfield project located in Sanand, Gujarat. The project encompasses the establishment of a 1.8 lakh-tonne induction-based steel plant and a 60,000-tonne facility dedicated to low-carbon and stainless steel wire production. The company has acquired 42 acres of land near Tata Nagar Manufacturing plant for ₹800–₹900 million, with project completion targeted by September 2027.

Capacity Expansion and Infrastructure Development

BWIL currently operates five manufacturing facilities with a combined installed capacity of 560,000 tonnes. The recent commissioning of a 300,000-tonne expansion at the Dadri plant is progressing well, with an additional 120,000 tonnes expected to come online by the first half of FY26. The company's total infrastructure is poised to support up to 680,000 tonnes per annum, reinforcing its position as a market leader.

Focus on Value-Added Products and Market Leadership

Under the leadership of MD & CEO Mr. Pranav Bansal, BWIL has consolidated all its businesses under a single brand, enhancing strategic focus and strengthening its leadership in the Indian steel wire industry. The company continues to emphasize the production of value-added products, aiming to capture greater market share and move higher up the value chain in a highly fragmented industry landscape.

Sustainable Manufacturing Practices

The upcoming Sanand facility is designed with sustainability in mind, incorporating features such as solar power utilization, rainwater harvesting, acid-free wire cleaning processes, energy-efficient systems, and an Effluent Treatment Plant (ETP). These initiatives align with BWIL's commitment to environmentally responsible manufacturing practices.

Conclusion

Bansal Wire Industries' impressive financial performance in Q4 FY25, coupled with its strategic investment in expanding manufacturing capabilities, positions the company for sustained growth. The focus on value-added products, infrastructure development, and sustainable practices underscores BWIL's commitment to maintaining its leadership in the steel wire industry.

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