Bharat Wire Ropes (BOM:539799) ROE %: 8.12% (As of Mar. 2026) — 236% Above Median


BOM:539799 Bharat Wire Ropes Ltd BOM:539799
81 GF Score
Price ₹215.35
GF Value ₹211.76
Valuation Fairly Valued
! 4 Warning Signs
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What is Bharat Wire Ropes ROE %?

Bharat Wire Ropes BOM:539799 +6.79% 81 ROE % is 8.12% as of Mar. 2026, which is 236% above its 10-year median of 2.42. GuruFocus rates BOM:539799 with a GF Score™ of 81/100 and a GF Value™ of ₹211.76 (Fairly Valued). The stock has 4 warning signs investors should review. Among 619 Steel companies, Bharat Wire Ropes ranks better than 74.31% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Bharat Wire Ropes's annualized net income for the quarter that ended in Mar. 2026 was ₹659 Mil. Bharat Wire Ropes's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹8,108 Mil. Therefore, Bharat Wire Ropes's annualized ROE % for the quarter that ended in Mar. 2026 was 8.12%.

The historical rank and industry rank for Bharat Wire Ropes's ROE % or its related term are showing as below:

BOM:539799' s ROE % Range Over the Past 10 Years
Min: -87.86   Med: 2.42   Max: 15.78
Current: 9.35

During the past 13 years, Bharat Wire Ropes's highest ROE % was 15.78%. The lowest was -87.86%. And the median was 2.42%.

BOM:539799's ROE % is ranked better than
74.31% of 619 companies
in the Steel industry
Industry Median: 3.68 vs BOM:539799: 9.35

Bharat Wire Ropes  (BOM:539799) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=658.552/8108.306
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(658.552 / 5659.38)*(5659.38 / 9899.239)*(9899.239 / 8108.306)
=Net Margin %*Asset Turnover*Equity Multiplier
=11.64 %*0.5717*1.2209
=ROA %*Equity Multiplier
=6.65 %*1.2209
=8.12 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=658.552/8108.306
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (658.552 / 877.612) * (877.612 / 941.076) * (941.076 / 5659.38) * (5659.38 / 9899.239) * (9899.239 / 8108.306)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7504 * 0.9326 * 16.63 % * 0.5717 * 1.2209
=8.12 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Bharat Wire Ropes ROE % Related Terms


Bharat Wire Ropes ROE % Historical Data

* Premium members only.

The historical data trend for Bharat Wire Ropes's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bharat Wire Ropes ROE % Chart

Bharat Wire Ropes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.08 12.30 15.78 10.36 9.36

Bharat Wire Ropes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.19 8.47 11.41 9.40 8.12

BOM:539799 vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Bharat Wire Ropes's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bharat Wire Ropes ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Bharat Wire Ropes's ROE % distribution charts can be found below:

* The bar in red indicates where Bharat Wire Ropes's ROE % falls into.


BOM:539799
81GF Score
Bharat Wire Ropes Ltd BOM:539799
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bharat Wire Ropes ROE % Calculation

Bharat Wire Ropes's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=724.556/( (7365.771+8108.306)/ 2 )
=724.556/7737.0385
=9.36 %

Bharat Wire Ropes's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=658.552/( (0+8108.306)/ 1 )
=658.552/8108.306
=8.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 8.12% mean?
Bharat Wire Ropes (BOM:539799) has a ROE % of 8.12% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bharat Wire Ropes and its competitors. This is 236% above median its historical median of 2.42. According to the industry distribution chart, Bharat Wire Ropes ranks #159 out of 619 companies in the Steel industry, placing it in the top 25.7%.
Is Bharat Wire Ropes' ROE % too high?
Bharat Wire Ropes' current ROE % of 8.12% is 236% above median its 10-year median of 2.42. The Steel industry median ROE % is 3.68. Bharat Wire Ropes' value of 8.12% is 120.7% above this industry median. Based on the distribution chart, Bharat Wire Ropes ranks #159 out of 619 companies in the Steel industry, which is above the industry midpoint. Overall, Bharat Wire Ropes has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Wire Ropes' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Bharat Wire Ropes ranks #159 out of 619 companies for ROE %. This puts Bharat Wire Ropes in the upper half of its industry. The industry median ROE % is 3.68. Bharat Wire Ropes' value of 8.12% is 120.7% above this benchmark. While the company's 10-year median is 2.42 vs. the industry median of 3.68, Bharat Wire Ropes has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Steel company?
The median ROE % among Steel companies is 3.68, based on 619 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharat Wire Ropes's current ROE % of 8.12% is 120.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Bharat Wire Ropes and its competitors. For the Steel industry, the median ROE % is 3.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Wire Ropes's current ROE % is 8.12%, which is 236% above median its own 10-year median of 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Wire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Bharat Wire Ropes (BOM:539799) is currently considered Fairly Valued. The stock's GF Value™ is ₹211.76, compared to a current price of ₹215.35 — trading 1.7% above its estimated fair value. The current ROE % is 8.12%, which is 236% above median its 10-year median of 2.42 and 120.7% above the Steel industry median of 3.68. Bharat Wire Ropes' overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Bharat Wire Ropes (BOM:539799), the current ROE % is 8.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bharat Wire Ropes (BOM:539799) Overvalued in 2026?

Based on GuruFocus' analysis, Bharat Wire Ropes stock appears to be overvalued. The current stock price of ₹215.35 is trading 1.7% above its estimated GF Value™ of ₹211.76. GuruFocus considers Bharat Wire Ropes to be Fairly Valued.

Key valuation signals for BOM:539799:

  • ROE %: 8.12% (236% above median its 10-year median of 2.42)
  • GF Value™: ₹211.76 vs. price of ₹215.35 (1.7% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 120.7% above the Steel median (#159 of 619)

No single metric tells the full story. See the BOM:539799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharat Wire Ropes Business Description

Other Exchanges BHARATWIRE:India
Address Senapati Bapat Marg, 10th Floor, Times Tower, Kamla Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Bharat Wire Ropes Ltd manufactures steel wire ropes, wire strands, and wire rope slings. The company produces mechanically spliced slings, hand-spliced slings, earth wires, stay wires, guy wires, and spiral strands. The company also produces general-purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil and gas ropes, and shipping ropes. The firm caters to industries including oil and gas, mining, fishing, ports and marine, elevator, power, transmission, railways, construction, infrastructure, defense, and crane manufacturers. The company serves clients around the world.
81GF Score

Get the complete analysis for BOM:539799

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹215.35
Price
₹211.76
GF Value