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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Bharat Wire Ropes Ltd

Bharat Wire Ropes: Bank Facility Ratings Reaffirmed Amidst Reduced Limits

RATING ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 07 Jul 2026, 11:37 AM IST  ·  BSE ID: 226092b4-0328-4974-bbed-1009d5ee0d8b
View Original BSE Filing (PDF)
💡
In Simple Terms
The company's credit rating for bank loans was affirmed, but its long-term loan amount was lowered.
🤖 AI Summary
  • Long-term bank facility rating reaffirmed at CARE BBB+; Stable for Rs. 98.00 crore.
  • Short-term bank facility rating reaffirmed at CARE A3+ for Rs. 25.00 crore.
  • Long-term facility amount reduced from Rs. 125.11 crore to Rs. 98.00 crore.
  • FY26 revenue reported at Rs. 591 crore, a ~5% year-over-year decline.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Long term Bank Facilities Amount
98.00 crore
Previous Long term Bank Facilities Amount
125.11 crore
Short term Bank Facilities Amount
25.00 crore
FY26 Revenue
₹591 crore
~5%
FY26 Adjusted PBILDT Margin
15.5%
Overall Gearing (as on March 31, 2026)
0.09x
TOL/TNW (as on March 31, 2026)
0.14x
Adjusted PBILDT Interest Coverage (FY26)
7.65x
TD/Adjusted PBILDT (FY26)
0.89x
🏢 How This Affects the Company
📈
Business Impact
Revenue impacted by West Asia conflict in FY26, but improving capacity utilization and distribution network are expected to aid future growth. Geopolitical headwinds may impact Q1 FY27 performance.
💰
Financial Impact
Adequate capital structure maintained with gearing at 0.09x and TOL/TNW at 0.14x as of March 31, 2026. Adjusted PBILDT margin remained steady at 15.5% in FY26.
⚙️
Operational Impact
A one-week shutdown of the Chalisgaon plant due to environmental compliance issues in June 2026 impacted output but was managed with existing inventory.
⚠️
Risk Impact
Ratings are monitored for impact of plant shutdown and potential further regulatory actions. Risks include uncertain global demand, geopolitical scenarios, raw material price volatility, and foreign exchange fluctuations.
👥 What This Means For Shareholders
✅
Action Required
No specific action is required by shareholders based on this credit rating update.
👤
Who Is Affected
All shareholders are indirectly affected through the company's creditworthiness and access to financing facilities.
🔍
Management Signal
Management's proactive engagement with credit rating agencies and efforts to maintain financial health signals a focus on stability.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Q1 FY27 results for revenue and margin performance
Company disclosure on resolution of environmental compliance issues
Updates on geopolitical impact on Middle East demand (10-15% of revenue)
MEDIUM RISK Ratings reaffirmed but facility reduction, operational disruption, and geopolitical risks are notable.
💡 Investor Takeaway
Bharat Wire Ropes' bank loan ratings were reaffirmed with a reduced long-term facility limit to Rs. 98.00 crore. FY26 revenue was Rs. 591 crore, with stable margins despite geopolitical impacts.
⚖️ Strengths & Concerns

✅ Positives

  • Adjusted PBILDT margin steady at 15.5% in FY26, supported by debottlenecking capex and higher-value products.
  • Adequate capital structure with overall gearing at 0.09x and TOL/TNW at 0.14x as of March 31, 2026.

⚠️ Concerns

  • Revenue impacted by West Asia conflict, declining ~5% year-over-year to Rs. 591 crore in FY26.
  • Plant shutdown for one week in June 2026 due to environmental compliance issues requires monitoring.
❓ Frequently Asked Questions
What is the new rating for Bharat Wire Ropes' long-term bank facilities?
The long-term bank facilities of Bharat Wire Ropes Limited have been reaffirmed at CARE BBB+; Stable.
What is the revised amount for Bharat Wire Ropes' long-term bank facilities?
The amount for long-term bank facilities has been reduced from Rs. 125.11 crore to Rs. 98.00 crore.
What was Bharat Wire Ropes' revenue in FY26?
Bharat Wire Ropes Limited reported revenue of Rs. 591 crore in FY26, representing a ~5% year-over-year decline.
Did Bharat Wire Ropes face any operational shutdowns in June 2026?
Yes, Bharat Wire Ropes experienced a plant shutdown for approximately one week in June 2026 due to environmental compliance lapses.
What is the rating for Bharat Wire Ropes' short-term bank facilities?
The short-term bank facilities of Bharat Wire Ropes Limited have been reaffirmed at CARE A3+ for Rs. 25.00 crore.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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