Integrated Filing — IndAS

General information about company
Scrip Code	539799
NSE Symbol	BHARATWIRE
MSEI Symbol	NOTLISTED
ISIN	INE316L01019
Name of company	BHARAT WIRE ROPES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	19-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	13-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	MANUFACTURING OF WIRE, WIRE ROPES, SLINGS
Start date and time of board meeting	19-May-2025   16:30:00
End date and time of board meeting	19-May-2025   18:20:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-02-03
Indicate Company website link for updated RPT policy of the Company	https://www.bharatwireropes.com/assets/document/pdf/1036-1739783365.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
NOT APPLICABLE

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	1718347000	6193162000
	Other income	1840000	7928000
	Total income	1720187000	6201090000
2	Expenses
(a)	Cost of materials consumed	971730000	3483936000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	4076000	-39070000
(d)	Employee benefit expense	172673000	658273000
(e)	Finance costs	36285000	133289000
(f)	Depreciation, depletion and amortisation expense	57391000	220258000
(f)	Other Expenses
1	Other Expenses	198978000	766171000
	Total other expenses	198978000	766171000
	Total expenses	1441133000	5222857000
3	Total profit before exceptional items and tax	279054000	978233000
4	Exceptional items	0	0
5	Total profit before tax	279054000	978233000
6	Tax expense
7	Current tax	0	0
8	Deferred tax	72561000	253832000
9	Total tax expenses	72561000	253832000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	206493000	724401000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	206493000	724401000
17	Other comprehensive income net of taxes	-1865000	-1865000
18	Total Comprehensive Income for the period	204628000	722536000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	684489000	684489000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		6681281000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.02	10.6
	Diluted earnings (loss) per share from continuing operations	3.02	10.6
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	3.02	10.6
	Diluted earnings (loss) per share from continuing and discontinued operations	3.02	10.6
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		1.The above Financial results for the quater ended March 31, 2025 were reviewed by the Audit Committee and thereafter approved by the Board of Directors at its meeting held on May 19th, 2025.This financial results has been prepared in accordance with Companies (Indian Accounting Standard) Rules, 2015 (IND AS) prescribed under Section 133 of the Companies, Act 2013 and other recognized accounting practices to the extent applicable. n n2. The Company is principally engaged in single segment viz, Manufacturing of wire & wire ropes based on nature of products,risks,return and internal business reporting system. n n3. CEO/CFO Certificate has been placed before the Board of Directors at the Meeting. n n4. Previous Year / period figures have been regrouped / reclassified wherever necessary. n nNote: As on 31st March, 2025 the company does not have any Subsdiary/Associate/Joint Venture company(ies), hence Consolidated Financial Statements for the quarter and year ended 31st March, 2025 is not applicable

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	4826760000
	Capital work-in-progress	468966000
	Investment property	0
	Goodwill	0
	Other intangible assets	8341000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	0
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	41084000
	Total non-current financial assets	41084000
	Deferred tax assets (net)	0
	Other non-current assets	65968000
	Total non-current assets	5411119000
2	Current assets
	Inventories	1232391000
	Current financial asset
	Current investments	0
	Trade receivables, current	867128000
	Cash and cash equivalents	758000
	Bank balance other than cash and cash equivalents	92785000
	Loans, current	0
	Other current financial assets	13239000
	Total current financial assets	973910000
	Current tax assets (net)	0
	Other current assets	1940379000
	Total current assets	4146680000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	9557799000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	684489000
	Other equity	6681281000
	Total equity attributable to owners of parent	7365770000
	Non controlling interest
	Total equity	7365770000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	773611000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	32600000
	Total non-current financial liabilities	806211000
	Provisions, non-current	42797000
	Deferred tax liabilities (net)	435406000
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	1284414000
	Current liabilities
	Current financial liabilities
	Borrowings, current	536691000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1310000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	164311000
	Total Trade payable	165621000
	Other current financial liabilities	40860000
	Total current financial liabilities	743172000
	Other current liabilities	154663000
	Provisions, current	9780000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	907615000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	2192029000
	Total equity and liabilites	9557799000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurements of post employment benefit obligations	-1951000	-1951000
2	Amortisation of security deposits	86000	86000
	Total Amount of items that will not be reclassified to profit and loss	-1865000	-1865000
2	Income tax relating to items that will not be reclassified to profit or loss	0	0
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-1865000	-1865000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			978233000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			133760000
	Adjustments for decrease (increase) in inventories			-246549000
	Adjustments for decrease (increase) in trade receivables, current			-75643000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-485601000
	Adjustments for decrease (increase) in other non-current assets			35945000
	Adjustments for other financial assets, non-current			-20289000
	Adjustments for other financial assets, current			-2179000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			106791000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			55507000
	Adjustments for depreciation and amortisation expense			220608000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			2950000
	Adjustments for provisions, non-current			4491000
	Adjustments for other financial liabilities, current			20377000
	Adjustments for other financial liabilities, non-current			-4656000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			0
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-254488000
	Net cash flows from (used in) operations			723745000
	Dividends received			0
	Interest paid			0
	Interest received			-1149000
	Income taxes paid (refund)			288000
	Other inflows (outflows) of cash			18236000
	Net cash flows from (used in) operating activities			740544000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			2525000
	Purchase of property, plant and equipment			304992000
	Proceeds from sales of investment property			24088000
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			0
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-340880000
	Net cash flows from (used in) investing activities	-619259000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			37052000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			262101000
	Repayments of borrowings			274083000
	Payments of lease liabilities			0
	Dividends paid			383000
	Interest paid			135609000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-110922000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			10363000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			10363000
	Cash and cash equivalents cash flow statement at beginning of period			83180000
	Cash and cash equivalents cash flow statement at end of period			93543000