Bharat Wire Ropes Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
- Paid Up Capital ₹ 68.49 Cr
- Company Age 38 Year, 8 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%
About Bharat Wire Ropes
Bharat Wire Ropes Limited (BWRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 July 1986 and has a history of 38 years and eight months. Its registered office is in Jalgaon, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539799 and on the National Stock Exchange(NSE) under BHARATWIRE.
The Corporate was formerly known as Bharat Ropes Ltd.. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 85.00 Cr and a paid-up capital of Rs 68.49 Cr.
The company currently has active open charges totaling ₹500.94 Cr. The company has closed loans amounting to ₹1,226.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Bharat Wire Ropes Limited India are Mr Arora as Ceo, Mr Jain as Cfo, and Govinda Soni as Company Secretary. Murarilal Mittal, Subhash Kalia, Sanjiv Swarup, and Six other members serve as directors at the Company.
Company Details
- Location
Jalgaon, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
L27200MH1986PLC040468
- Company No.
040468
- Stock Symbol
BSE : 539799 NSE : BHARATWIRE
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Jul 1986
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
What products or services does Bharat Wire Ropes Limited offer?
Bharat Wire Ropes Limited offers a wide range of products and services, including Metal and Alloy Wires, Metal Wire, Lifting Hooks, Chains & Clamps, Webbing and Lifting Slings, Elevators & Escalators, Elevator Part, Rope, Wire Ropes, Wire Rope Slings.
Bharat Wire Ropes Limited
Explore comprehensive data for Bharat Wire Ropes Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Bharat Wire Ropes?
Executive Team (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr Arora  | CEO | 19-Aug-2016 | Current |
| Murarilal Mittal | Managing Director | 03-Nov-2010 | Current |
| Mr Jain | CFO | 18-Apr-2015 | Current |
| Govinda Soni | Company Secretary | 25-Jun-2021 | Current |
| Mayank Mittal | Managing Director | 16-Aug-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Subhash Kalia | Director | 25-Apr-2023 | Current |
| Sanjiv Swarup | Director | 28-Apr-2018 | Current |
| Anita Shantaram | Director | 25-Apr-2023 | Current |
| Shivkumar Malu | Director | 19-May-2022 | Current |
| Venkateswararao Kandikuppa | Whole-Time Director | 01-Jan-2016 | Current |
| Ruhi Mittal | Director | 16-Apr-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Treezec-E Solutions Private LimitedMurarilal Mittal and Mayank Mittal are mutual person
Responsive Industries LimitedSanjiv Swarup and Anita Shantaram are mutual person
Gujarat Insecticides LimitedAnita Shantaram is a mutual person
Share India Securities Limited.Subhash Kalia is a mutual person
Abans Enterprises LimitedSanjiv Swarup and Anita Shantaram are mutual person
Bsa Corporation LimitedAnita Shantaram is a mutual person
Charges (Loans)
Open Charges
₹500.94 Cr
Satisfied Charges
₹1,226.08 Cr
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 |
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.
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.
Latest Updates, News, and FAQs on Bharat Wire Ropes
Recent activity within the organization
- Annual General Meeting
Bharat Wire Ropes Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Balance Sheet
Bharat Wire Ropes Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- 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 1 year 11 months .
- 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 1 year 11 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.94 Cr with Charge ID 100739388 was registered on 27 Mar 2023.
- Charges
A charge registered on 02 Mar 2016 via Charge ID 100016246 with Others was fully satisfied on 24 Jun 2022.
Recent News, Updates & Announcement
- Bharat Wire Ropes' re-appoints Murarilal Mittal as MD.
We would like to intimate that the Board of Director of the Company has, in its Meeting held on Tuesday, October 17, 2017 and Re-appointed Mr. Murarilal Mittal as a Managing Director of the Company w.e.f. October 17, 2017..
- Bharat Wire Ropes appoints Shiv Kumar Malu as independent director.
Bharat Wire Ropes has informed that the Board of Directors of the Company has appointed Mr. Shiv Kumar Malu as an Independent Director with effect from February 15, 2017..
Frequently asked questions
What is the Incorporation or founding date of Bharat Wire Ropes Limited?
Bharat Wire Ropes Limited was incorporated on 24 Jul 1986.
What is authorized share capital and paid-up capital of Bharat Wire Ropes Limited?
The authorized share capital of Bharat Wire Ropes Limited is ₹ 85.00 Cr and paid-up capital is ₹ 68.49 Cr.
Who are the current board members & directors of Bharat Wire Ropes Limited?
Currently 12 directors are associated with Bharat Wire Ropes Limited.
- Murarilal Ramsukh Mittal
- Subhash Chander Kalia
- Sanjiv Swarup
- Anita Rahul Shantaram
- Shivkumar Ramkishan Malu
- Venkateswararao Laxmanamurty Kandikuppa
- Ruhi Mittal
- Mr Mahender Singh Arora
- Mr Rakesh Kumar Jain
- Govinda Mangaru Soni
- Sushil Radheyshyam Sharda
- Mayank Mittal
What is the registered address of Bharat Wire Ropes Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Bharat Wire Ropes Limited is Plot No. 4 Midc Industrial Area Village - Khadki Taluka, India, Chalisgaon, Maharashtra, 424101.
What is the corporate identification number (CIN) and company number of Bharat Wire Ropes Limited?
The corporate identification number (CIN) of Bharat Wire Ropes Limited is L27200MH1986PLC040468 and the company number is 040468 as per Ministry of Corporate Affairs (MCA).
Is Bharat Wire Ropes Limited registered with any stock exchange in India?
Yes, Bharat Wire Ropes Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BHARATWIRE.
What is the official website of Bharat Wire Ropes Limited?
The Official website of Bharat Wire Ropes Limited is https://www.bharatwireropes.com
What has been the recent revenue trend for Bharat Wire Ropes Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bharat Wire Ropes Limited has risen by 43.40%.
How many employees does Bharat Wire Ropes Limited currently have?
As Per 2023 financial reports, 523 employees are currently employed by Bharat Wire Ropes Limited.
What change has been observed in the net worth of Bharat Wire Ropes Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bharat Wire Ropes Limited has experienced an upsurge of 24.01%.
What are the total open charges for Bharat Wire Ropes Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bharat Wire Ropes Limited amount to ₹ 500.94 Cr.
When was the last Balance Sheet of Bharat Wire Ropes Limited filed with the ROC?
The most recent Balance Sheet for Bharat Wire Ropes Limited was filed with the ROC on 31 Mar 2024.
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