Bansal Wire Industries Ltd. (NSE: BANSALWIRE) has quickly become one of India’s most closely watched mid-cap industrial stocks since its IPO in July 2024. As of October 2025, the stock trades in the range of ₹342–₹367, with a market capitalization of around ₹5,500–₹5,750 crore.
The company delivered a strong FY25 performance, with 42% revenue growth and 86% profit growth, reflecting the momentum in India’s infrastructure, automotive, and steel sectors. Investors are optimistic as Bansal Wire expands its Dadri plant to 4.2 lakh MTPA capacity by FY26, which is set to make it India’s largest stainless steel wire manufacturer.
With both domestic and export demand on the rise, in this detailed analysis, we’ll discuss Bansal Wire’s fundamentals, growth prospects, and year-wise share price targets from 2025 to 2050, based on sector trends, financial projections, and realistic assumptions.
About the Company
Founded in 1985, Bansal Wire Industries Ltd. manufactures high-carbon, low-carbon, galvanized, stainless steel, and specialty wires. It serves 5,000+ customers across 50+ countries, catering to industries like automotive, infrastructure, construction, and consumer durables.
- Headquarters: New Delhi, India
- Manufacturing Capacity (FY25): 3.6 lakh MTPA (targeting 4.2 lakh MTPA by FY26)
- Exports: Over 50 countries
- Rank: India’s 2nd largest steel wire producer and largest in stainless steel wires
The company’s diversification across wire segments helps it reduce dependency on any one industry and ensures stable long-term growth.
Fundamental Analysis
1. Revenue & Profit Trends
| Metric | FY2024 | FY2025 | Growth |
|---|---|---|---|
| Revenue | ₹2,470 Cr | ₹3,507 Cr | +42% |
| EBITDA | ₹182 Cr | ₹320 Cr | +75% |
| Net Profit | ₹78 Cr | ₹146 Cr | +86% |
| EPS | ₹5.00 | ₹9.30 | +86% |
Q1 FY26: Revenue ₹939 Cr (+15% YoY), Net Profit ₹39 Cr (+30% YoY) — indicating continued operational efficiency.
2. Valuation Metrics
- P/E Ratio: ~36x (vs. industry average 20–25x)
- ROE: ~16%
- ROCE: ~19%
- EPS (FY26E): ₹11–12 (expected growth of 20–25%)
The company trades at a growth premium due to its strong earnings visibility and leadership in stainless steel wires.
3. Balance Sheet Strength
| Item | FY2025 | Note |
|---|---|---|
| Total Assets | ₹2,168 Cr | Capex-led growth |
| Borrowings | ₹900 Cr | Debt/Equity ~1.1 |
| Equity Capital | ₹156 Cr | Post-IPO |
| Reserves | ₹800 Cr | Retained earnings |
| Fixed Assets | ₹1,200 Cr | Plant expansion |
| Net Debt | ₹750 Cr | Manageable, covered 8x by EBIT |
The company maintains a healthy balance sheet, with sufficient reserves and manageable leverage.
4. Shareholding Pattern (as of FY25)
| Category | Holding |
|---|---|
| Promoters | 78% |
| Retail Investors | 8% |
| FIIs | 6% |
| DIIs | 8% |
The high promoter holding (78%) signals strong confidence in long-term growth.
Past Stock Performance
Since listing in July 2024 at around ₹256, Bansal Wire has delivered over 35–40% returns within its first year. The stock’s post-listing stability, strong financials, and upcoming expansion projects have helped it maintain investor interest despite volatility in metal prices.
Bansal Wire Industries Share Price Target 2025-2050
| Year | Minimum (₹) | Average (₹) | Maximum (₹) |
|---|---|---|---|
| 2025 | 300 | 387 | 450 |
| 2026 | 480 | 560 | 620 |
| 2027 | 550 | 640 | 710 |
| 2028 | 620 | 740 | 820 |
| 2029 | 700 | 850 | 940 |
| 2030 | 820 | 980 | 1,130 |
| 2035 | 1,200 | 1,500 | 1,700 |
| 2040 | 1,300 | 1,500 | 1,600 |
| 2045 | 1,900 | 2,400 | 2,800 |
| 2050 | 2,600 | 2,900 | 3,200 |
Bansal Wire Share Price Target & Prediction 2025, 2026, 2027, 2028, 2029, 2030, 2035, 2040, 2045, and 2050
Bansal Wire Share Price Target 2025
Strong capacity expansion and improved margins may drive Bansal Wire’s stock to an average of ₹387, with optimistic estimates reaching ₹450. Growth is expected to be supported by rising stainless steel demand, robust automotive wire exports, and early benefits from operational efficiencies.
Bansal Wire Share Price Target 2026
With the Dadri plant expansion fully operational, production efficiency is likely to improve further. The stock could trade between ₹480–₹620, reflecting steady 15–20% earnings growth. Cost optimization and higher utilization will enhance profitability.
Bansal Wire Share Price Target 2027
By 2027, export contribution, particularly from Europe and the Middle East, may account for 25–30% of total revenue, pushing the average share price to ₹640, with a bullish potential of ₹710. Diversification of international markets reduces dependency on domestic cycles.
Bansal Wire Share Price Target 2028
The company’s specialty wire segment could contribute over 20% of total sales by FY28, improving margins and driving prices to ₹740–₹820. Focus on high-value, niche products enhances revenue quality and profitability.
Bansal Wire Share Price Target 2029
Ongoing debt reduction and increased automation are expected to strengthen the company’s profitability. Under these conditions, the share price could range around ₹850–₹940, reflecting operational efficiency and sustainable growth.
Bansal Wire Share Price Target 2030
Assuming a 15–18% CAGR, Bansal Wire could reach ₹980–₹1,130 by 2030. Growth drivers include expanding exports, infrastructure demand, and stable steel prices, making it an attractive investment for mid-term investors.
Bansal Wire Share Price Target 2035
With India’s infrastructure boom and rising global steel demand, Bansal Wire may emerge as a top-tier industrial brand, trading around ₹1,500 on average. Strong brand recognition and operational scale will support this valuation.
Bansal Wire Share Price Target 2040
The company’s market share could grow further, driven by automation, product diversification, and expansion into high-value wires. Prices may stabilize around ₹1,500–₹1,600, reflecting consolidation after strong growth.
Bansal Wire Share Price Target 2045
As India’s GDP doubles and industrial exports strengthen, the stock could reach ₹2,400 on average, rewarding patient long-term investors. Operational scale, global reach, and continued demand for wires will underpin this growth.
Bansal Wire Share Price Target 2050
By 2050, Bansal Wire could trade around ₹2,900 on average, potentially reaching ₹3,200 in a bullish scenario. This assumes consistent 12–15% CAGR over 25 years, driven by steady demand, innovation in specialty wires, and expansion into global markets.
Growth Drivers
- Expanding production capacity to 4.2 lakh MTPA
- Diversification into specialty and stainless steel wires
- Strong export network across 50+ countries
- Backward integration reducing costs
- India’s infrastructure and auto sector growth
- Focus on automation and product innovation
Expert Views
- Anand Rathi: Target ₹550 (Buy)
- DAM Capital: Target ₹481 (Hold/Positive)
- Consensus: ₹487 (Moderate Buy)
Analysts remain optimistic on revenue visibility and margin expansion but caution against near-term volatility in steel prices.
Risks & Challenges
- Fluctuations in raw material (steel) prices
- High competition in wire manufacturing
- Cyclical demand linked to infrastructure and auto sectors
- Potential rise in debt for future expansions
- Export risks due to global trade tariffs
Investment Suitability
Bansal Wire is ideal for:
- Long-term investors looking for industrial growth exposure
- Moderate-risk portfolios seeking mid-cap manufacturing stocks
- Investors focused on India’s infrastructure story
It may not suit short-term traders due to cyclical demand patterns, but long-term fundamentals remain strong.
FAQs
1. What will be Bansal Wire’s share price in 2030?
The share could reach around ₹980–₹1,130 by 2030, supported by strong demand and capacity expansion.
2. Can Bansal Wire reach ₹1,000 by 2028?
Unlikely before 2028, but achievable by 2030 if export growth and margins sustain current momentum.
3. Is Bansal Wire a good long-term investment?
Yes. The company’s strong fundamentals, growing export base, and industry leadership make it suitable for long-term investors.
4. What is the Bansal Wire share price target for 2050?
By 2050, Bansal Wire could trade between ₹2,600–₹3,200, assuming 12–15% CAGR growth.
Conclusion
Bansal Wire Industries Ltd. represents a rising force in India’s manufacturing and infrastructure space. Backed by robust demand, expansion capacity, and export potential, it’s well-positioned for steady long-term growth. While near-term valuations appear rich, long-term investors could enjoy multi-fold gains by 2050 if the company sustains its growth trajectory.
Sources:
- Bansal Wire Financials
- NSE Filings
