Q2 results: standalone Revenue from operations Rs. 1,276.25 crore, Profit after tax Rs. 40.87 crore
Board meeting of October 22, 2026 approved unaudited standalone and consolidated results for the quarter and half year ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 1,308.14 | 1,055.40 | +23.9% | 1,167.89 | +12% |
| Total income | 1,308.56 | 1,060.21 | +23.4% | 1,168.24 | +12% |
| Profit before tax | 71.82 | 50.98 | +40.9% | 26.04 | +176% |
| Profit after tax | 52.90 | 38.32 | +38% | 20.46 | +159% |
| Total comprehensive income | 53.28 | 38.50 | +38.4% | 20.50 | +160% |
| Basic EPS | 0.68 | 0.49 | +38.8% | 0.26 | +162% |
- Profit after tax YoY
- +38%
- Period
- 30-Sep-26
Also decided at the meeting
- Took on record the Limited Review Report of Prateek Gupta & Company, Chartered Accountants (Statutory Auditors) on the unaudited financial results.
Auditor's review
Conclusion: Unmodified
- Other matter: results of subsidiary Bansal Steel and Power Limited reviewed by another auditor; subsidiaries reflect total revenue of Rs. 440.58 crore for the quarter; conclusion not modified.
Notes to the results
- Share split of each equity share of face value Rs 5/- into 5 shares of Rs 1/- approved by Board on August 12, 2026; record date October 16, 2026; EPS restated retrospectively.
What the board meeting covered
- The Board approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.
- The limited review report of Prateek Gupta & Company, Chartered Accountants, was taken on record. Their conclusion is unmodified: nothing came to their attention that causes them to believe the statement omits required disclosures or contains a material misstatement.
- A review gives moderate assurance and is narrower in scope than a full audit; the auditors state they do not express an audit opinion.
- The company has two wholly owned subsidiaries in India, Bansal Steel & Power Limited and BWI Steel Private Limited, which is why consolidated results are also published.
Standalone performance (Rs. crore, as printed)
- Revenue from operations: 1,276.25 for the quarter ended 30-Sep-26, against 1,010.65 in the quarter ended 30-Sep-25. For the half year: 2,411.00, against 1,918.61.
- Total income: 1,277.38 for the quarter; 2,413.20 for the half year.
- Total expenses: 1,221.63 for the quarter; 2,336.69 for the half year. Cost of materials consumed was 1,056.13 for the quarter.
- Profit before tax: 55.76 for the quarter; 76.51 for the half year.
- Tax expense: 14.89 for the quarter.
- Profit after tax: 40.87 for the quarter, against 31.81 in the quarter ended 30-Sep-25; 57.36 for the half year, against 62.08 in the half year ended 30-Sep-25.
- Earnings per share (basic and diluted, not annualised, face value Rs 1): 0.52 for the quarter; 0.73 for the half year.
Balance sheet snapshot (standalone, as at 30 September 2026 vs 31 March 2026)
- Total assets: 2,309.76 vs 2,181.65.
- Total equity: 1,371.16 vs 1,313.30; equity share capital 78.28 in both periods.
- Current borrowings: 195.33 vs 354.41; non-current borrowings 104.90 vs 114.75.
- Inventories: 465.77 vs 500.38; trade receivables 613.03 vs 560.97.
- Cash and cash equivalents: 0.36 vs 1.72.
Cash flow (standalone, period ended 30 September 2026)
- Net cash generated from operating activities: 266.08 (year ended 31 March 2026: 217.60).
- Net cash used in investing activities: (72.02), including purchase of property, plant and equipment and intangible assets of 62.92.
- Net cash used in financing activities: (195.42), including repayment of borrowings of 168.94 and finance cost of 26.21.
- Net decrease in cash and cash equivalents: (1.36).
Share split you should know about
- The Board approved on August 12, 2026 the sub-division of each equity share of face value of Rs 5 each into 5 equity shares of face value of Rs 1 each; the record date was October 16, 2026.
- Earnings per share for the quarter and half year, and the comparative periods, have been restated to give effect to the split, so the per-share figures are comparable with the new Rs 1 face value.
Reading the numbers
- The update carries both the quarterly and the half-yearly columns, so the quarter can be seen on its own and in the context of the six-month period.
- The results are unaudited but reviewed, and the auditor's conclusion is unmodified.
- Segment-level breakup is not part of the standalone statement, which the company attributes to its single business of manufacturing steel wire.
Also from Bansal Wire Industries
Bansal Wire Industries files audio recording link of Q2/H1 FY27 earnings conference call held October 23, 2026
23 Oct 2026
Bansal Wire posts record Q2 FY27 volume and EBITDA; revenue up 23.9% to ₹1,308.1 crore, PAT up 38.0%
22 Oct 2026
Bansal Wire Industries Ltd press release, Q2 FY27
22 Oct 2026
More numbers
- Revenue from operations, standalone, quarter ended 30-Sep-261,276.25
- Total income, standalone, quarter ended 30-Sep-261,277.38
- Profit after tax, standalone, quarter ended 30-Sep-2640.87
- Revenue from operations, standalone, half year ended 30-Sep-262,411.00
- Profit after tax, standalone, half year ended 30-Sep-2657.36
- Basic & Diluted EPS, standalone, quarter ended 30-Sep-260.52
- Current borrowings, standalone, as at 30-Sep-26195.33
- Net cash generated from operating activities, standalone266.08
- Total income, latest quarter1,308.56 (Rs. Crore)
- Total income, year-ago quarter1,060.21 (Rs. Crore)
- Total income, previous quarter1,168.24 (Rs. Crore)
- Total comprehensive income, latest quarter53.28 (Rs. Crore)
- Total comprehensive income, year-ago quarter38.50 (Rs. Crore)
- Total comprehensive income, previous quarter20.50 (Rs. Crore)
- Profit after tax, latest quarter52.90 (Rs. Crore)
- Profit after tax, year-ago quarter38.32 (Rs. Crore)
- Profit after tax, previous quarter20.46 (Rs. Crore)
- Revenue from operations, latest quarter1,308.14 (Rs. Crore)
- Revenue from operations, year-ago quarter1,055.40 (Rs. Crore)
- Revenue from operations, previous quarter1,167.89 (Rs. Crore)
- Profit before tax, latest quarter71.82 (Rs. Crore)
- Profit before tax, year-ago quarter50.98 (Rs. Crore)
- Profit before tax, previous quarter26.04 (Rs. Crore)
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