23-Oct-2026 13:43:22
BANSAL WIRE INDUSTRIES Q2 CONCALL : 20% VOLUME GROWTH TARGETED IN H2, EBITDA GUIDANCE ₹7,000–8,000/TONNE & CAPACITY EXPANSION TO 8.3 LAKH TONNES
• MANAGEMENT TARGETING 20% YOY VOLUME GROWTH IN H2 FY27 • FY27 EBITDA/TONNE GUIDANCE MAINTAINED AT ₹7,000–8,000 • H2 FY27 EBITDA/TONNE EXPECTED AT ₹7,000–7,500 • LONG-TERM EBITDA/TONNE TARGETED AT ₹8,000–10,000 OR HIGHER, DRIVEN BY SPECIALTY PRODUCTS • EBITDA MARGIN TARGETED AT 7–7.5%, WITH LONG-TERM ROCE GOAL OF 25% • TOTAL MANUFACTURING CAPACITY TO EXPAND TO 8.3 LAKH TONNES FROM CURRENT 6.8 LAKH TONNES • DADRI EXPANSION TO ADD 60,000 TONNES CAPACITY BY Q4 FY27 • SANAND GREENFIELD PLANT TO ADD 90,000 TONNES CAPACITY WITH APPROXIMATELY ₹150 CR CAPEX, EXCLUDING LAND • ANNUAL CAPEX EXPECTED AT APPROXIMATELY ₹200–225 CR • STEEL TYRE CORD COMMERCIALIZATION POSSIBLE IN FY27, WITH FIRST CUSTOMER TRIAL COMPLETED • STEEL TYRE CORD CAPACITY TARGETED TO EXPAND FROM 20,000 TO 2 LAKH TONNES OVER LONG TERM, SUBJECT TO CUSTOMER APPROVALS • IHT/OHT CAPACITY TARGETED AT 15,000 TONNES WITHIN NEXT 1–2 QUARTERS • IHT/OHT PRODUCTS EXPECTED TO GENERATE EBITDA OF ₹15,000–20,000 PER TONNE • FY27–FY28 CUMULATIVE OPERATING CASH FLOW TARGETED ABOVE ₹800 CR, SUPPORTING DEBT REDUCTION • RAW MATERIAL SHORTAGES, HIGH INDUSTRIAL GAS PRICES & STEEL CORD CUSTOMER APPROVAL DELAYS REMAIN KEY RISKS
BANSAL WIRE INDUSTRIES L