Bharat Wire Ropes Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
as on 21-06-2024
- Paid Up Capital ₹ 68.40 Cr
as on 21-06-2024
- Company Age 38 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 500.94 Cr
as on 21-06-2024
- Satisfied Charges ₹ 1,226.08 Cr
as on 21-06-2024
- Revenue 43.40%
(FY 2023)
- Profit 355.54%
(FY 2023)
- Ebitda 123.25%
(FY 2023)
- Net Worth 24.01%
(FY 2023)
- Total Assets 0.96%
(FY 2023)
About Bharat Wire Ropes
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 2023. It's a company limited by shares with an authorized capital of Rs 85.00 Cr and a paid-up capital of Rs 68.40 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, Mayank Mittal, and Six other members serve as directors at the Company.
- 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
21 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Jalgaon, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
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.
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 |
| Mayank Mittal | Managing Director | 30-Jun-2010 | Current |
| Mr Jain | CFO | 18-Apr-2015 | Current |
| Govinda Soni | Company Secretary | 25-Jun-2021 | 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 |
| Sushil Sharda | Whole-Time Director | 19-May-2022 | Current |
| Shivkumar Malu | Director | 19-May-2022 | Current |
| Venkateswararao Kandikuppa | Whole-Time Director | 01-Jan-2016 | Current |
Financial Performance and Corporate Structure Insights 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
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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 LimitedActive 11 years 7 monthsMurarilal Mittal and Mayank Mittal are mutual person
Responsive Industries LimitedActive 42 years 5 monthsSanjiv Swarup and Anita Shantaram are mutual person
Abans Enterprises LimitedActive 39 years 10 monthsSanjiv Swarup and Anita Shantaram are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 27 Mar 2023 | ₹9.45 M | Open |
Others Creation Date: 19 Mar 2021 | ₹250.00 Cr | Open |
Others Creation Date: 16 Mar 2021 | ₹250.00 Cr | Open |
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.
