Bansal Wire Industries Ltd. at 40th AGM: Strengthened Capacities, Expanded into High-Value Segments, and Deepened Customer Relationships
Bansal Wire Industries Limited, a leading wire manufacturer, held its 40th Annual General Meeting (AGM) on September 19, 2025. The company, which started in 1985, has grown into India's leading wire manufacturer, serving customers in over 50 countries. In FY25, Bansal Wire Industries strengthened its capacities, expanded into high-value-added segments, and deepened customer relationships. The company operationalized its Dadri facility and launched its speciality wire vertical, which resulted in a 42% increase in revenue to about Rs 3507 crores and an 86% increase in EBITDA to Rs 278 crores. The company now serves more than 5,000 customers with over 3,500 different products and exports to about 50 plus countries. The IPO completed in 2024 has further strengthened the balance sheet and improved the debt profile. Sustainability is also a key focus area for the company.
Key Highlights
- Bansal Wire Industries is India's second largest steel wire company with a growth rate of 20-25% over the last 10-20 years.
- The company aims to be the leader in the industry and expand its product portfolio and exports in the future.
- In FY25, the company strengthened its capacities, expanded into high-value-added segments, and deepened customer relationships.
- The company operationalized its Dadri facility and launched its speciality wire vertical, resulting in significant growth in revenue and EBITDA.
- Bansal Wire Industries now serves more than 5,000 customers with over 3,500 different products and exports to about 50 plus countries.