Bansal Wire Industries Ltd

Bansal Wire Industries Ltd. received a favorable appeal order dated May 18, 2026, regarding a GST assessment for the financial year 2023-24. The appeal resulted in the company paying ₹44,491 out of an initial liability of ₹39,87,711, with the remaining balance of ₹39,43,220 reduced to nil. The company stated that the order reaffirms its strong compliance framework and has no financial impact.

Invesco Mutual Fund's schemes collectively hold 5.3892% of the paid-up share capital in Bansal Wire Industries Limited as of May 11, 2026. This disclosure is made under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The acquisition involved multiple schemes of Invesco Mutual Fund, increasing their holding from 4.9117% with 76,89,519 shares to 5.3892% with 8,437,165 shares through open market purchases.

Bansal Wire Industries Ltd announced that the Hon'ble High Court of Delhi has quashed the income tax demands for its wholly-owned subsidiary, Bansal Steel & Power Limited. The demands, totaling ₹56.77 million for Assessment Year 2015-16 and ₹21.37 million plus ₹10.69 million interest for Assessment Year 2017-18, were set aside under the 'clean slate theory' pertaining to pre-resolution plan claims. The company states that the order reaffirms its compliance framework and has no financial impact.

Bansal Wire Industries reported a 21.0% year-on-year surge in Q4 FY26 net profit to ₹400.7 Mn. Revenue for Q4 FY26 increased by 20.9% YoY to ₹11,363.6 Mn, while EBITDA grew 11.1% YoY to ₹804.4 Mn. For the full FY26, revenue rose 18.6% to ₹41,597.9 Mn, and EBITDA increased 17.3% to ₹3,234.8 Mn. The company achieved healthy sales volumes of 4,58,055 MT, up 33% YoY, driven by disciplined execution and product mix strengthening. Bansal Wire accelerated diversification into high-value specialty products, expecting improved revenue quality and margins. The company generated ₹333 crore in cash flow in FY26, aiming for ₹600 crore in operating free cash flow over FY26–FY27. Despite short-term geopolitical disruptions, the company remains focused on strategic priorities for sustained long-term growth.

Bansal Wire Industries Ltd's Board of Directors, at its meeting on April 29, 2026, approved the Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026. The Board also approved the Audited Financial Statements for FY26. The company submitted these results along with the Auditor's Reports, which included an unmodified opinion for the financial year 2025-26. The consolidated results encompass subsidiaries Bansal Steel and Power Limited and WI Steel Private Limited.

Bansal Wire Industries Limited's Board of Directors, at its meeting on April 29, 2026, approved the Audited Financial Results (Consolidated and Standalone) for the quarter and financial year ended March 31, 2026. The Board also approved the Audited Financial Statements for the same period. The company has submitted the results along with the Auditors' Reports and a declaration of unmodified opinion for Financial Year 2025-26, as per SEBI Listing Regulations. The audit report confirms the inclusion of wholly-owned subsidiaries Bansal Steel and Power Limited and WI Steel Private Limited in the consolidated results.

Bansal Wire Industries Limited has announced that the trading window for dealing in the company's equity shares will remain closed until Friday, May 01, 2026. This closure is in anticipation of the Board of Directors meeting scheduled for Wednesday, April 29, 2026, where the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026, will be considered and approved. The announcement is a continuation of the earlier intimation dated March 25, 2026, and is in accordance with the company's code of conduct for regulating trading by designated persons.

Bansal Wire Industries Ltd has scheduled a Board of Directors meeting on April 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's equity shares will remain closed until May 01, 2026.

Bansal Wire Industries Limited, a leading Steel Wire manufacturing company by volume in Asia, has announced its sales volume performance for Q4FY26. Despite ongoing geopolitical tensions in the West Asian region causing temporary disruptions in the supply of industrial gases across India, the company reported a sales volume of 1,17,644 MT in Q4 FY26, a 20.16% YoY increase from Q4 FY25's 97,821 MT. The financial year ended FY26 also saw a 32.88% YoY increase, with sales volume reaching 4,58,054 MT compared to 3,44,710 MT in FY25.

Bansal Wire Industries Limited has informed the stock exchange about a temporary disruption in the supply of natural gas to their manufacturing facilities. This disruption is due to the ongoing geopolitical tensions in the West Asian region, which have resulted in restrictions in the supply of Natural Gas from Oil Marketing Companies (OMCs) under a force majeure situation. The company's production activities have been impacted, with a 35% reduction in capacity since mid-March. The management has taken steps to minimize the impact and restore production capacity by using alternative energy sources and coordinating with Natural Gas distribution partners and relevant authorities. They are closely monitoring the situation and are committed to maintaining transparency and investor-friendly practices.