---
title: "BWL Ltd (504643) — Share Price, Financials & Analysis"
symbol: "504643"
company: "BWL Ltd"
canonical: "https://tapetide.com/stocks/504643"
isin: "INE1LKO01015"
bse_code: "504643"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:26:32.239Z"
---

# BWL Ltd (504643)

Canonical page: https://tapetide.com/stocks/504643

## Company

- **BSE Code:** 504643
- **ISIN:** INE1LKO01015
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-10-31
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bhilaiwire.com

## About

BWL is engaged in producing Steel Wire.

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -133% | 5% | 8% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.16 | 0.14 | 0.2 | 0.17 | 0.24 | 0.32 | 0.17 | 0.15 | 0.12 | 0.2 | 0.61 | 0.26 |
| Operating Profit | -0.16 | -0.14 | -0.2 | -0.17 | -0.24 | -0.32 | -0.17 | -0.15 | -0.12 | -0.2 | -0.61 | -0.26 |
| Other Income | 0.02 | 0.05 | 0.07 | 0.04 | 0.26 | 2.99 | 0.1 | 0.06 | 0.04 | 0.21 | 0.09 | 0.04 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0 | 0 |
| Profit before tax | -0.15 | -0.1 | -0.14 | -0.14 | 0.01 | 2.66 | -0.08 | -0.1 | -0.09 | 0 | -0.52 | -0.22 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — | 0 | 0 |
| Net Profit | -0.15 | -0.09 | -0.13 | -0.14 | 0.01 | 2.66 | -0.08 | -0.1 | -0.09 | 0 | -0.52 | -0.22 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.88 | 1.14 | 0.9 | 0.87 | 0.67 | 0.53 | 0.67 | 0.9 | 0.81 | 1.19 |
| Operating Profit | -0.88 | -1.14 | -0.9 | -0.87 | -0.67 | -0.53 | -0.67 | -0.9 | -0.81 | -1.19 |
| OPM % | — | — | — | — | -252.63 | — | — | — | — | — |
| Other Income | 0.15 | 1.67 | 0.17 | 0.11 | 0.19 | 0.28 | 0.16 | 3.39 | 0.4 | 0.38 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0.03 | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.02 |
| Profit before tax | -0.76 | 0.48 | -0.78 | -0.8 | -0.51 | -0.28 | -0.54 | 2.46 | -0.42 | -0.83 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -0.76 | 0.49 | -0.77 | -0.8 | -0.51 | -0.29 | -0.54 | 2.46 | -0.42 | -0.83 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 7.01 | 7.01 | 7.01 | 7.01 | 7.01 | 7.01 | 7.01 | 7.01 | 7.01 | 7.01 |
| Reserves | -12.52 | -13.28 | -12.79 | -13.57 | -14.36 | -14.87 | -15.16 | -15.7 | -13.24 | -13.66 |
| Borrowings | 9.3 | 9.31 | 9.75 | 9.21 | 10.12 | 10.51 | 10.68 | 8.55 | 5.26 | 5.8 |
| Other Liabilities | 0.28 | 0.15 | 0.24 | 0.18 | 0.18 | 0.21 | 0.29 | 3.56 | 4.8 | 5.43 |
| Total Liabilities | 4.07 | 3.19 | 4.21 | 2.83 | 2.95 | 2.86 | 2.82 | 3.42 | 3.83 | 4.58 |
| Fixed Assets | 0.42 | 0.62 | 0.5 | 0.45 | 0.4 | 0.33 | 0.24 | 0.2 | 0.13 | 0.12 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 3.65 | 2.57 | 3.71 | 2.38 | 2.55 | 2.53 | 2.58 | 3.22 | 3.7 | 4.46 |
| Total Assets | 4.07 | 3.19 | 4.21 | 2.83 | 2.95 | 2.86 | 2.82 | 3.42 | 3.83 | 4.58 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.65 | -0.87 | -0.01 | -0.94 | -0.87 | -0.57 | -0.45 | 2.64 | 1.12 | 0.11 |
| Cash from Investing Activity | 0.75 | 0.89 | 1.64 | -0.02 | 0.11 | 0.07 | 0.27 | 0.08 | 1.94 | -1.03 |
| Cash from Financing Activity | -0.09 | 0.01 | 0.44 | -0.54 | 0.91 | 0.39 | 0.17 | -2.13 | -3.29 | 0.54 |
| Net Cash Flow | 0.02 | 0.02 | 2.08 | -1.5 | 0.15 | -0.11 | -0.01 | 0.59 | -0.24 | -0.38 |
| Free Cash Flow | -0.65 | -1.11 | 0.03 | -0.94 | -0.84 | -0.51 | -0.18 | 2.64 | 1.36 | -1.15 |
| CFO/OP | 56 | 98 | 0 | 108 | 101 | 85 | 85 | -394 | -126 | -15 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| ROCE % | -5.89 | -22.25 | 14.55 | -23.56 | -30.26 | -19.93 | -18.53 | -45.19 | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 42.86% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% |
| FIIs | 0.15% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 3.79% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 7.11% | 3.94% |
| Public | 53.19% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 49.71% | 52.88% |
| No. of Shareholders | 14294 | 14269 | 14269 | 14263 | 14263 | 14263 | 14258 | 14258 | 14258 | 14258 | 14258 |

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% | 43.17% |
| DIIs | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 3.94% | 7.11% | 3.94% |
| Public | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 52.88% | 49.71% | 52.88% |
| No. of Shareholders | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 | 14258 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 8 / 5 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 2174.18 | Sell |
| EMA (10) | 2156.79 | Sell |
| SMA (20) | 2202.4 | Sell |
| EMA (20) | 2161.92 | Sell |
| SMA (50) | 2076.24 | Buy |
| EMA (50) | 2081 | Buy |
| SMA (100) | 1919.57 | Buy |
| EMA (100) | 1968.71 | Buy |
| SMA (200) | 1816.03 | Buy |
| EMA (200) | 1843.84 | Buy |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.08 | Neutral |
| MACD (12,26,9) | 11.81 | Sell |
| Stochastic (14,3,3) | 24.44 | Neutral |
| ADX (14) | 30.84 | Buy |
| Williams %R (14) | -77.33 | Neutral |
| ATR (14) | 59.4 | Neutral |
| ROC (12) | -4.65 | Sell |
| Stoch RSI (14) | 1.51 | Buy |
| UO (7,14,28) | 37.68 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 7 Nov 2025 - Board meeting on 12 Nov 2025 to approve half-year results for 30 Sep 2025; trading window closed from 1 Oct. | [Board Meeting Intimation for Prior Intimation For The Board Meeting Scheduled To Be Held On 12Th November 2025 7 Nov 2025 - Board meeting on 12 Nov 2025 to approve half-year results for 30 Sep 2025; trading window closed from 1 Oct.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce3734ca-7107-4dfe-99b3-41e861368c53.pdf) |
| 6 Mar - Malay Sengupta resigned as independent director (dated 27.01.2026); board accepted on 12.02.2026; effective 27.02.2026. | [Announcement under Regulation 30 (LODR)-Cessation 6 Mar - Malay Sengupta resigned as independent director (dated 27.01.2026); board accepted on 12.02.2026; effective 27.02.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/18f1fdd5-f0a1-4cbd-a35b-8b8bb52177bb.pdf) |
| 4 Nov 2025 - Board meeting on 13 Nov 2025 to approve Q2 and H1 financial results ended 30 Sep 2025. | [Board Meeting Intimation for Approve The Unaudited Financial Results Of The Company For The Quarterly And Audited, Half Yearly Ended 30Th September' 2025 4 Nov 2025 - Board meeting on 13 Nov 2025 to approve Q2 and H1 financial results ended 30 Sep 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6660c794-4170-4440-9673-d6aeb8d30467.pdf) |
| 3 Feb - Board meeting on 12-Feb-2026 to consider unaudited Q3/9M financial results for period ended Dec 2025. | [Board Meeting Intimation for To Approve The Unaudited Financial Results And Financial Statement Of The Company For The Quarter/ Nine Months Ended December 2025 3 Feb - Board meeting on 12-Feb-2026 to consider unaudited Q3/9M financial results for period ended Dec 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d36c2837-c13e-4505-a938-740681c396fc.pdf) |
| 27 Feb - Independent director Malay Sengupta resigned; resignation dated 27-Jan-2026, effective 27-Feb-2026. | [Announcement under Regulation 30 (LODR)-Cessation 27 Feb - Independent director Malay Sengupta resigned; resignation dated 27-Jan-2026, effective 27-Feb-2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1eabdef4-25f2-4ddd-ad3d-c10924bd72cb.pdf) |
| 24 Apr - Submitted yearly certificate as on 31 March 2026 under clause 40(9). | [Submission Of Yearly Certificate As On March, 2026 Under Clause 40 (9) Of The Listing Agreement. 24 Apr - Submitted yearly certificate as on 31 March 2026 under clause 40(9).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/757b5cd9-9869-49f2-9e3a-5f47687991ee.pdf) |
| 14h - Submitted yearly certificate as on 31 March 2026 under clause 40(9). | [Submission Of Yearly Certificate As On March, 2026 Under Clause 40 (9) Of The Listing Agreement. 14h - Submitted yearly certificate as on 31 March 2026 under clause 40(9).](https://www.bseindia.com/xml-data/corpfiling/AttachLive/757b5cd9-9869-49f2-9e3a-5f47687991ee.pdf) |
| 13 Oct 2025 - Certificate as per Regulation 74(5) SEBI (Depositories and Participants ) Regulation ,2018 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Oct 2025 - Certificate as per Regulation 74(5) SEBI (Depositories and Participants ) Regulation ,2018](https://www.bseindia.com/xml-data/corpfiling/AttachHis/51c873d3-f19c-44b5-bfe5-1a2bae8a5bfe.pdf) |
| 13 Jan - RTA (Skyline) certificate under Regulation 74(5) for quarter ended December 31, 2025. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 13 Jan - RTA (Skyline) certificate under Regulation 74(5) for quarter ended December 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/71e91877-4db9-4e40-b116-8bdc4b86e09b.pdf) |
| 12 Nov 2025 - Board approved unaudited standalone and consolidated results for half-year ended 30 Sep 2025; limited review. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On Wednesday, 12Th November, 2025. 12 Nov 2025 - Board approved unaudited standalone and consolidated results for half-year ended 30 Sep 2025; limited review.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eec4776f-0df8-4001-9c55-b2d564f6e697.pdf) |

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-04 | [Result Of Board For June 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53c1b7f1-066c-4ff9-8fca-f9e8aeb6f64e.pdf) |
| 2026-07-25 | [Board Meeting Intimation for To Approve The Quarterly Financial Results Of The Company For The Quarterended 30Th June](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5bfd4a6-995d-4e28-9e94-5e1536e34c8c.pdf) |
| 2026-06-23 | [Financial Result For September 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19788d4d-6a2a-405b-97c4-803dbbbf549c.pdf) |
| 2026-06-12 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97f0bab5-1b94-451f-a1c9-8c6cbbf92eb0.pdf) |
| 2026-06-01 | [Financial Result For The Year Ended 30 St March 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b6bf6bbe-a1bb-4c00-a409-7d29b9f908e7.pdf) |
| 2026-05-25 | [Board Meeting Intimation for RESCHDULE OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d2c8f0e-699d-4f44-bd96-63eb84dc9270.pdf) |
| 2026-05-23 | [RESCHEDULE OF BOARD MEETING](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8c5912a3-2dd3-422c-b6c2-d17100bce955.pdf) |
| 2026-05-16 | [Board Meeting Intimation for To Approve The Financial Results And Financial Statement Of The Company For The Quarter/Financial Year Ended 31St March 2026 For Recommendation To The Board](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16427569-3815-4f8b-8d79-95372963b22b.pdf) |
| 2026-04-24 | [Submission Of Yearly Certificate As On March 2026 Under Clause 40 (9) Of The Listing Agreement.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=757b5cd9-9869-49f2-9e3a-5f47687991ee.pdf) |
| 2026-03-06 | [Announcement under Regulation 30 (LODR)-Cessation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18f1fdd5-f0a1-4cbd-a35b-8b8bb52177bb.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/66cb7d2e-ea3d-41c5-beca-4b6fb047b002.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0476dc6c-b5cf-458b-b6d2-915118f144cb.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7957e6d3-aeea-448f-bfe5-2d0b3822f517.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/543475/73695543475_16_07_22.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/504643/70759504643.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/504643/65105504643_02_12_20.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/504643/5046430319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/504643/5046430318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/504643/5046430317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/504643/5046430316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:26:32.239Z.