Bharat Wire Ropes
Bharat Wire Ropes is a publicly listed Indian manufacturer of steel wire ropes, slings, strands, and LRPC products, serving crane, construction, mining, marine, elevator, forestry, fishing, and ropeway industries via a domestic dealer network and global exports.
- Company typePublic
- Founded1988
- HeadquartersMumbai, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Bharat Wire Ropes does
Bharat Wire Ropes Ltd. is a publicly listed Indian manufacturer (NSE: BWR.NS) of steel wire ropes and related products, headquartered in Mumbai, Maharashtra. Founded in the late 1980s, the company operates two manufacturing facilities in Maharashtra — at Atgaon (Thane district) and Chalisgaon (Jalgaon district), with the Chalisgaon plant spanning 105,000 square meters — making it one of the largest wire rope manufacturers and exporters in India. Its core product portfolio comprises steel wire ropes (including galvanized variants), Low Rotation Pressed Compacted (LRPC) ropes, wire rope slings, and spiral strands, with a specialized crane rope sub-brand called INDIROPE offering multiple construction variants (6x19S, 35x7, 18x7, 8x36W, 6x36SW, 19x7). Manufacturing follows a six-step precision process — pickling, rod breakdown, furnace treatment, wire drawing, stranding, and closing — with quality assurance via tensile testing up to 500 tons, microscopic analysis, and chemical composition verification.
The company generates revenue through B2B sales of wire and wire rope products via three channels: a formal dealer network across India, direct export sales to multiple international markets, and a direct website storefront. Pricing is quote-based, reflecting a custom industrial product mix. End-market exposure is deliberately diversified across eight verticals — crane and heavy lifting (primary), construction, mining, marine/shipping, elevators, forestry, fishing, and ropeways — with ABS, DNV, and Lloyds Register certifications on crane ropes supporting marine and offshore buyers. FY26 total revenue stood at Rs 590.54 crore (down 4.64% YoY) with net profit of Rs 72.46 crore (nearly flat YoY), while Q3 FY26 operating margin expanded to 22.80% from 17.92% in the prior year period, indicating margin defense despite top-line pressure. The company is ISO 9001:2015 certified and ESG certified.
The customer base is exclusively industrial B2B, with no consumer-facing product. Recent capital markets activity has been mixed: in April 2026, Lloyds Enterprises acquired a 0.73% stake via open-market purchases, triggering a 35-59% stock price surge to a 52-week high of Rs 249.80, before reducing exposure by July 2026. The company also reportedly received a manufacturing halt notice, the full implications of which are not disclosed in the available data.
Bharat Wire Ropes firmographics
Firmographics- Name
- Bharat Wire Ropes
- Legal name
- Bharat Wire Ropes Ltd.
- Website
- https://bharatwireropes.com
- Company type
- Public
- Founded year
- 1988
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Bharat Wire Ropes is a publicly listed Indian manufacturer of steel wire ropes, slings, strands, and LRPC products, serving crane, construction, mining, marine, elevator, forestry, fishing, and ropeway industries via a domestic dealer network and global exports.
- Ownership category
- akta.pro rank
Bharat Wire Ropes industry classification
Industry- Product category
- Steel Wire Ropes and Wire Rope Products
- NAICS
- Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills (314994), Other Fabricated Wire Product Manufacturing (332618)
- akta.pro primary industry
- Industrial Ropes, Cords, Twines & Netting (Mooring/Lifting/Fishing/Load Restraint) (IMAOADAK)
Keywords
Where Bharat Wire Ropes is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Bharat Wire Ropes business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Wire and Wire Rope Manufacturing and Sales: Bharat Wire Ropes is engaged solely in the manufacture and sale of wire and wire ropes. The company generates revenue through the production and sale of various wire rope products including steel wire ropes, slings, strands, and LRPC (Low Relaxation Pre-Stressed Concrete) products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Standard wire rope products with quote-based pricing |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Bharat Wire Ropes product offering
Product offeringCore offering
Bharat Wire Ropes manufactures and sells steel wire ropes and related wire rope products, including general-purpose wire ropes, galvanized wire ropes, low rotation pressed compacted (LRPC) ropes, wire rope slings, strands, and its proprietary INDIROPE brand of crane ropes. The company serves industrial customers across crane and heavy lifting, construction, mining, marine, elevators, forestry, fishing, and ropeways, producing ropes in a wide diameter range with non-rotating and rotation-resistant constructions. Operations span two manufacturing plants at Atgaon and Chalisgaon in Maharashtra, with sales supported by a dealer network and direct industrial sales.
Product overview
Bharat Wire Ropes is one of the largest wire rope manufacturers in India, producing a comprehensive portfolio of steel wire rope solutions. The product lineup includes four core product categories: Wire Ropes (including galvanized variants), LRPC (Low Rotation Pressed Compacted ropes), Slings, and Strands. Under the INDIROPE brand, the company offers a specialized range of crane ropes with various constructions (6x19S, 35x7, 18x7, 8x36W, 6x36SW, etc.) and core types (Fiber Core/FC, Independent Wire Rope Core/IWRC, Wire Strand Core/WSC). Products are designed for diverse industrial applications including construction, mining, oil & gas, marine, shipping, elevators, cranes, forestry, fishing, and ropeways.
Differentiator
Problem solved
Functional benefit
Brands
- INDIROPE: Brand name for crane ropes, designed for exceptional durability and reliability with focus on longevity and resistance to bending fatigue. Certified by ABS, DNV, and Lloyds. Products include various crane rope configurations such as 6x19S, 35x7, 18x7, 8x36W, 6x29F, 6x36SW, and compacted rope variants.
Quantifiable outcome
- Improved operating profit margin to 22.80% in Q3 FY26 from 17.92% in Q3 FY25, indicating better cost management despite revenue decline
Companies that use Bharat Wire Ropes
Customer profileSegments8 records
Ideal customer profiles2 records
Bharat Wire Ropes technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Bharat Wire Ropes partnerships and signals
Strategic signalScale indicators9 records
Recent moves6 records
Expansion highlights5 records
Bharat Wire Ropes competitors and assessment
Company assessmentBroad incumbents
- WireCo WorldGroup: Global manufacturer of wire rope, synthetic rope, and engineered products. Competes with Bharat Wire Ropes in the global mining, oil & gas, and crane rope markets with comparable specialty product lines.
- Bridon-Bekaert (Bekaert): Global leader in steel wire products and wire rope solutions through the Bridon-Bekaert merged brands. Larger and broader than Bharat Wire Ropes, but competes for the same mining, marine, crane, and elevator rope customers globally.
Direct peers
- Gustav Wolf GmbH: German family-owned wire rope manufacturer specializing in elevator ropes, crane ropes, and industrial applications. Direct peer in the high-precision, certified rope segment where Lloyds/DNV certifications matter.
- Pfeifer Holding: German manufacturer of wire ropes, wire, and steel cable products. Active in crane, mining, and elevator applications with similar product breadth to Bharat Wire Ropes' portfolio.
- Usha Martin: One of the largest wire rope manufacturers in India with a comparable portfolio of steel wire ropes, crane ropes, and specialized wire rope products. Closest direct competitor to Bharat Wire Ropes in scale, product mix, and end-market exposure.
- Kiswire: Korean specialty wire rope manufacturer with global presence in crane ropes, mining ropes, and engineered rope products. Direct competitor in the rotation-resistant and compacted crane rope segments where Bharat Wire Ropes' INDIROPE competes.
Regional players
- Teufelberger: Austrian rope manufacturer with strength in steel wire rope for cranes, forestry, and material handling. Comparable product line but primarily serves European markets with limited direct overlap in India.
- BSR (Bansal Steel ): Indian steel wire and wire rope manufacturer with a domestic focus. Competes with Bharat Wire Ropes in the Indian market for construction and general industrial rope applications.
Emerging players
- Janodet (Beijing) Steel Wire Rope: Chinese wire rope manufacturer serving global infrastructure and industrial markets with cost-competitive offerings. Represents the price-competition risk that all global wire rope manufacturers including Bharat Wire Ropes face.
- Zhejiang Shuangniao Steel Wire Rope: Chinese wire rope manufacturer producing steel wire ropes and cable products for industrial and marine applications. Peer in the lower-cost commodity segments competing with Indian exporters like Bharat Wire Ropes in price-sensitive markets.
Market position
Strengths6 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Bharat Wire Ropes social profiles
Digital presenceBharat Wire Ropes compliance and trust
Trust signalCompliance3 records
Bharat Wire Ropes financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bharat Wire Ropes leadership team
Management profileNumber of profiles
Profiles4 records
Bharat Wire Ropes funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bharat Wire Ropes M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bharat Wire Ropes
What does Bharat Wire Ropes do?
Bharat Wire Ropes manufactures and sells steel wire ropes and related wire rope products, including general-purpose wire ropes, galvanized wire ropes, low rotation pressed compacted (LRPC) ropes, wire rope slings, strands, and its proprietary INDIROPE brand of crane ropes. The company serves industrial customers across crane and heavy lifting, construction, mining, marine, elevators, forestry, fishing, and ropeways, producing ropes in a wide diameter range with non-rotating and rotation-resistant constructions. Operations span two manufacturing plants at Atgaon and Chalisgaon in Maharashtra, with sales supported by a dealer network and direct industrial sales.
Is Bharat Wire Ropes a public or private company?
Bharat Wire Ropes is a public company. It is classified as public and is currently operating.
When was Bharat Wire Ropes founded?
Bharat Wire Ropes was founded in 1988. It employs 1,001 to 5,000 people.
Where is Bharat Wire Ropes based?
Bharat Wire Ropes is headquartered in Mumbai, India, in the Asia region.
How does Bharat Wire Ropes make money?
One revenue line is on record: wire and Wire Rope Manufacturing and Sales.
Who are Bharat Wire Ropes's main competitors?
Broad incumbents on record are WireCo WorldGroup and Bridon-Bekaert (Bekaert). Direct peers are Gustav Wolf GmbH, Pfeifer Holding, Usha Martin and Kiswire. Regional players are Teufelberger and BSR (Bansal Steel ). Emerging players are Janodet (Beijing) Steel Wire Rope and Zhejiang Shuangniao Steel Wire Rope.
Does Bharat Wire Ropes have an API?
No public API is recorded for Bharat Wire Ropes.
What industry is Bharat Wire Ropes in?
Bharat Wire Ropes's product category is Steel Wire Ropes and Wire Rope Products. Its primary akta.pro industry code is IMAOADAK, Industrial Ropes, Cords, Twines & Netting (Mooring/Lifting/Fishing/Load Restraint). Its NAICS code is 314994.