Bansal Wire Industries Ltd · BANSALWIRE
—
—
—
—
—
—
—
₹548 Cr
₹603 Cr
₹606 Cr
₹709 Cr
₹817 Cr
₹825 Cr
₹925 Cr
₹940 Cr
₹939 Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.2K Cr
20-quarter listed-company comparison
Steel - Wires Stocks in India
Steel - Wires: Bansal Wire Industries Ltd owns the largest revenue base AND the fastest current growth.
01 · the index people search for
Nifty Steel - Wires Index — Constituents & Performance
The Steel - Wires companies below are the listed Indian Steel - Wires universe this page tracks — the same constituent set people search for as the Nifty Steel - Wires index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
02 · the sector itself · before any single company
How has Steel - Wires moved against NIFTY 500?
The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 1% behind NIFTY 500. Earnings across its companies grew 8% on average over the last four reported quarters — close to flat.
FADING · −2 in 4w·Moving with the index1 of 3 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑1w · 3/3 >200d (+0) · 1/3 lead (−2) · EPS —
Steel - Wires, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Steel - Wires, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Steel - Wires, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 3 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
03 · sector relative strength, before individual stocks
Is Steel - Wires outperforming NIFTY 500?
Steel - Wires has outperformed NIFTY 500 by 5.5% over the last 52 weeks. Over 13 weeks the gap is a lead of 0.3%. 2 of 3 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Usha Martin Ltd is the strongest against the sector itself at +3.8%. Readings are as of 2026-07-19.
+0.3%Sector vs NIFTY 500 · 13 weeks
+5.5%Sector vs NIFTY 500 · 52 weeks
2/3Stocks leading NIFTY 500
1/3Stocks leading sector
Sector metric: 8.2 as of 2026-07-19 · CONSOLIDATION · falling.
The central tension: current leadership is concentrated, so durability matters more than rank.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
Steel - Wires has outperformed NIFTY 500 by 5.5% over 52 weeks and 0.3% over 13 weeks. 2 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself. Bansal Wire Industries Ltd leads with revenue of ₹4,388 crore, based on 2 of 3 comparable companies through Jun 2026.
Companies
3
complete canonical membership
Combined market value
₹21.4K Cr
Usha Martin Ltd
Revenue growing
2/2
positive TTM year-on-year growth
Beating NIFTY 500
2/3
positive Mansfield relative strength
Comparing 2 of 3
04 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Usha Martin Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 90% evidence confidence.
How this score is built, and what the marks mean
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Usha Martin LtdUSHAMART | 65.6/100Favorable setup90% evidence | LEADER | 24.8/35 Revenue 8.5% · PAT 26.1% · OPM change 4 pp 100% evidence | 18.9/25 ROCE 19.5% · OPM 20% 100% evidence | 5.0/20 P/E 27.7× · PEG 3.3 50% evidence | 16.9/20 RS sector 3.8% · RS bench 10.6% · 1Y 34.9%11 of 12 weeks ahead 100% evidence |
| Exact sum: 24.8 + 18.9 + 5 + 16.9 = 65.6 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence. | ||||||
| 2Bharat Wire Ropes LtdBHARATWIRE | 54.1/100Thin evidence · provisional60% evidence | FADING | 15.5/35 Revenue — · PAT — · OPM change -3 pp 26% evidence | 20.8/25 ROCE 18.7% · OPM 25% 95% evidence | 11.0/20 P/E 14× · PEG — 35% evidence | 6.8/20 RS sector -2.3% · RS bench 3.8% · 1Y 3.6%9 of 12 weeks ahead 100% evidence |
| Exact sum: 15.5 + 20.8 + 11 + 6.8 = 54.1 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 3Bansal Wire Industries LtdBANSALWIRE | 33.5/100Adverse evidence90% evidence | FADING | 10.0/35 Revenue 20.9% · PAT -8.4% · OPM change -3.2 pp 100% evidence | 10.0/25 ROCE 13.8% · OPM 4.8% 100% evidence | 5.0/20 P/E 34.1× · PEG 3.9 50% evidence | 8.5/20 RS sector -6.3% · RS bench 0% · 1Y -23.2%9 of 12 weeks ahead 100% evidence |
| Exact sum: 10 + 10 + 5 + 8.5 = 33.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
05 · what price has already done
Market action
Usha Martin Ltd has the strongest one-year price move in Steel - Wires at +34.9%. It also leads on Mansfield relative strength against NIFTY at +10.6%. 2 of 3 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-31.
Price and relative strength
Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.
How far ahead of or behind NIFTY 500 each company has been running, measured against its own recent average of that comparison, so the flat line at zero IS NIFTY 500: above it the company is beating the market, below it the market is beating the company. It opens on one year.
The same measure taken against Steel - Wires itself instead of the whole market, so the flat line at zero is the sector: above it the company is beating its own peers, which is the sharper test of the two. It opens on one year.
06 · compare level, then change
Revenue Scale & Growth Durability
Bansal Wire Industries Ltd has the highest Revenue among the 3 Steel - Wires companies compared here, at ₹4,388 crore. Usha Martin Ltd is next at ₹3,837 crore. The same company also holds the highest Revenue growth, at 20.9%. 2 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Bansal Wire Industries Ltd is the scale leader at ₹4,388 crore, 14.4% ahead of Usha Martin Ltd. Bansal Wire Industries Ltd's growth is 20.9% from a ₹4,388 crore base, with 13 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderBansal Wire Industries Ltd · ₹4,388 crore
Gap14.4% versus #2 · Usha Martin Ltd
Persistence8/8 recent comparable periods
Coverage2/3 companies · 40 observations
Investor read: Bansal Wire Industries Ltd is the scale benchmark; Bansal Wire Industries Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Bansal Wire Industries Ltd's growth falls below Bansal Wire Industries Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenue · company comparison
2/3 level · 2/3 change
On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.
All-company data · latest reported quarter
In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Bansal Wire Industries Ltd BANSALWIRE | ₹1.2K Cr | 24% | Jun 2026 |
| Usha Martin Ltd USHAMART | ₹1.0K Cr | 16% | Jun 2026 |
| Bharat Wire Ropes Ltd BHARATWIRE⚠ unverified | ₹147 Cr | -9.3% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
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—
₹134 Cr
—
—
₹144 Cr
₹162 Cr
₹158 Cr
₹159 Cr
₹157 Cr
₹147 Cr
—
—
—
—
—
—
—
—
—
Usha Martin Ltd · USHAMART
₹594 Cr
₹712 Cr
₹767 Cr
₹759 Cr
₹820 Cr
₹834 Cr
₹855 Cr
₹814 Cr
₹785 Cr
₹797 Cr
₹829 Cr
₹826 Cr
₹891 Cr
₹861 Cr
₹896 Cr
₹887 Cr
₹908 Cr
₹917 Cr
₹979 Cr
₹1.0K Cr
Revenue growth · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
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—
—
—
—
—
—
—
—
—
—
49%
37%
53%
33%
15%
28%
11%
21%
24%
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
—
—
—
—
—
—
21%
—
—
9.0%
-9.3%
—
—
—
—
—
—
—
—
—
Usha Martin Ltd · USHAMART
—
—
—
23%
38%
17%
11%
7.3%
-4.3%
-4.4%
-3.0%
1.5%
14%
8.0%
8.1%
7.4%
1.9%
6.5%
9.3%
16%
07 · compare level, then change
Operating Economics & Margin Trend
Bharat Wire Ropes Ltd has the highest OPM among the 3 Steel - Wires companies compared here, at 25%. Usha Martin Ltd is next at 20%. Usha Martin Ltd has the highest Margin change at +4 percentage points, so level and change sit with different companies. 3 of 3 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Bharat Wire Ropes Ltd leads opm at 25%; Usha Martin Ltd leads margin change at +4 percentage points.
LeaderBharat Wire Ropes Ltd · 25%
Gap25% versus #2 · Usha Martin Ltd
Persistence4/7 recent comparable periods
Coverage3/3 companies · 42 observations
Investor read: Bharat Wire Ropes Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
Margin changefastest expanders
Operating margin · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Bharat Wire Ropes Ltd BHARATWIRE⚠ unverified | 25% | −3.0 pp | Mar 2026 |
| Usha Martin Ltd USHAMART | 20% | +4.0 pp | Jun 2026 |
| Bansal Wire Industries Ltd BANSALWIRE | 4.8% | −3.2 pp | Jun 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
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—
—
—
—
—
—
4.8%
6.0%
6.0%
6.0%
7.0%
8.0%
8.0%
7.0%
8.0%
7.0%
8.0%
7.0%
4.8%
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
14%
15%
16%
—
—
25%
28%
26%
26%
28%
25%
—
—
—
—
—
—
—
—
—
Usha Martin Ltd · USHAMART
14%
14%
14%
15%
14%
15%
18%
18%
18%
20%
18%
19%
18%
17%
16%
16%
19%
19%
22%
20%
Margin change · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
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—
—
—
—
—
—
—
—
—
—
+2.2 pp
+2.0 pp
+2.0 pp
+1.0 pp
+1.0 pp
−1.0 pp
0.0 pp
0.0 pp
−3.2 pp
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
−0.7 pp
−2.9 pp
+5.4 pp
—
—
+10.4 pp
+12.0 pp
—
—
+3.0 pp
−3.0 pp
—
—
—
—
—
—
—
—
—
Usha Martin Ltd · USHAMART
+0.5 pp
+2.0 pp
−1.6 pp
+0.6 pp
−0.3 pp
+0.9 pp
+4.1 pp
+2.5 pp
+4.0 pp
+5.0 pp
0.0 pp
+1.0 pp
0.0 pp
−3.0 pp
−2.0 pp
−3.0 pp
+1.0 pp
+2.0 pp
+6.0 pp
+4.0 pp
08 · compare level, then change
Profit Scale & Acceleration
Usha Martin Ltd has the highest Net profit among the 3 Steel - Wires companies compared here, at ₹508 crore. Bansal Wire Industries Ltd is next at ₹141 crore. The same company also holds the highest Profit growth, at 26.1%. 2 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Usha Martin Ltd leads with ₹508 crore of TTM profit, 260.3% above Bansal Wire Industries Ltd. Usha Martin Ltd shows 26.1% growth from a ₹508 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderUsha Martin Ltd · ₹508 crore
Gap260.3% versus #2 · Bansal Wire Industries Ltd
Persistence4/8 recent comparable periods
Coverage2/3 companies · 40 observations
Investor read: Usha Martin Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profit · company comparison
2/3 level · 2/3 change
All-company data · latest reported quarter
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Usha Martin Ltd USHAMART | ₹142 Cr | 41% | Jun 2026 |
| Bharat Wire Ropes Ltd BHARATWIRE⚠ unverified | ₹22 Cr | 38% | Mar 2026 |
| Bansal Wire Industries Ltd BANSALWIRE | ₹20 Cr | -49% | Jun 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
—
—
—
—
—
—
—
₹17 Cr
₹18 Cr
₹15 Cr
₹24 Cr
₹32 Cr
₹40 Cr
₹42 Cr
₹33 Cr
₹39 Cr
₹38 Cr
₹43 Cr
₹40 Cr
₹20 Cr
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
—
—
₹8 Cr
—
—
₹19 Cr
₹16 Cr
₹24 Cr
₹24 Cr
₹26 Cr
₹22 Cr
—
—
—
—
—
—
—
—
—
Usha Martin Ltd · USHAMART
₹58 Cr
₹67 Cr
₹109 Cr
₹82 Cr
₹79 Cr
₹84 Cr
₹105 Cr
₹101 Cr
₹110 Cr
₹108 Cr
₹106 Cr
₹104 Cr
₹109 Cr
₹92 Cr
₹101 Cr
₹101 Cr
₹110 Cr
₹108 Cr
₹148 Cr
₹142 Cr
Profit growth · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
—
—
—
—
—
—
—
—
—
—
—
88%
122%
180%
38%
22%
-5.0%
2.4%
21%
-49%
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
—
—
—
—
—
—
100%
—
—
37%
38%
—
—
—
—
—
—
—
—
—
Usha Martin Ltd · USHAMART
—
—
—
41%
36%
25%
-3.7%
23%
39%
29%
1.0%
3.0%
-0.9%
-15%
-4.7%
-2.9%
0.9%
17%
47%
41%
09 · compare level, then change
Return On Capital Employed
Usha Martin Ltd has the highest ROCE among the 3 Steel - Wires companies compared here, at 19.5%. Bharat Wire Ropes Ltd is next at 18.7%. The same company also holds the highest ROCE change, at +0.1 percentage points. 3 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Usha Martin Ltd leads ROCE at 19.5%, 0.8 percentage points above Bharat Wire Ropes Ltd. Usha Martin Ltd has the strongest latest improvement at +0.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderUsha Martin Ltd · 19.5%
Gap4.3% versus #2 · Bharat Wire Ropes Ltd
Persistence2/8 recent comparable periods
Coverage3/3 companies · 36 observations
Investor read: Usha Martin Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
ROCE changefastest improvers
Return on capital · company comparison
3/3 level · 3/3 change
All-company data · latest reported quarter
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Usha Martin Ltd USHAMART | 17% | +0.1 pp | Jun 2026 |
| Bansal Wire Industries Ltd BANSALWIRE | 16% | −6.7 pp | Jun 2026 |
| Bharat Wire Ropes Ltd BHARATWIRE⚠ unverified | 12% | −1.2 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
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—
—
—
—
—
—
—
11%
—
17%
22%
14%
24%
16%
22%
16%
18%
16%
16%
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
—
—
6.2%
—
11%
—
17%
—
19%
21%
18%
—
15%
—
13%
—
12%
—
12%
—
Usha Martin Ltd · USHAMART
17%
—
16%
—
18%
—
19%
—
21%
25%
19%
23%
19%
21%
17%
19%
16%
19%
17%
—
ROCE change · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
—
—
—
—
—
—
—
—
—
—
—
—
+3.6 pp
—
−0.5 pp
+0.8 pp
+1.8 pp
−5.8 pp
−0.8 pp
−6.7 pp
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
—
—
—
—
—
—
+10.5 pp
—
+8.8 pp
—
+1.4 pp
—
−4.0 pp
—
−5.3 pp
—
−2.9 pp
—
−1.2 pp
—
Usha Martin Ltd · USHAMART
—
—
—
—
+1.6 pp
—
+3.2 pp
—
+2.3 pp
—
+0.1 pp
—
−2.1 pp
−4.5 pp
−2.8 pp
−3.7 pp
−3.0 pp
−2.1 pp
+0.1 pp
—
10 · compare level, then change
Valuation Against Growth & Quality
Usha Martin Ltd has the lowest PEG among the 3 Steel - Wires companies compared here, at 3.3×. Bansal Wire Industries Ltd is next at 3.9×. Bharat Wire Ropes Ltd has the lowest P/E at 14×, so level and change sit with different companies. 2 of 3 companies report a comparable reading, the latest through Jun 2026.
What the numbers say: Usha Martin Ltd has the lowest comparable PEG at 3.3×, 15.4% below Bansal Wire Industries Ltd. Only 2 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderUsha Martin Ltd · 3.3×
Gap15.4% versus #2 · Bansal Wire Industries Ltd
Persistence0/8 recent comparable periods
Coverage2/3 companies · 13 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
P/Elowest P/E
Valuation · company comparison
2/3 level · 3/3 change
All-company data · latest reported quarter
| Company | PEG | P/E | Reported |
|---|---|---|---|
| Bansal Wire Industries Ltd BANSALWIRE | 3.9 | 30.2 | Jun 2026 |
| Usha Martin Ltd USHAMART | 3.3 | 28.6 | Jun 2026 |
| Bharat Wire Ropes Ltd BHARATWIRE⚠ unverified | — | 10.9 | Mar 2026 |
Full 20-quarter history · every available company
PEG · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
—
—
—
—
—
—
—
—
—
—
—
—
—
—
2.7
6.8
—
1.4
4.4
3.9
Usha Martin Ltd · USHAMART
—
—
—
—
0.3
0.7
—
0.7
1.0
0.8
0.8
—
1.6
—
—
—
—
—
3.3
—
P/E · reported quarter history
Bansal Wire Industries Ltd · BANSALWIRE
—
—
—
—
—
—
—
—
—
—
—
—
19.1
57.5
41.2
40.3
36.1
32.0
23.9
30.2
Bharat Wire Ropes Ltd · BHARATWIRE⚠ unverified
22.2
10.8
31.9
15.8
18.4
12.5
16.9
19.1
29.8
25.0
20.7
18.2
18.6
15.3
13.6
15.9
11.2
12.7
10.9
—
Usha Martin Ltd · USHAMART
12.0
12.4
13.6
12.6
12.9
17.0
20.1
23.5
28.4
22.6
22.9
27.9
25.3
27.3
24.9
26.6
33.9
32.0
27.8
28.6
11 · before the conclusion, check the blind spots
What can make this comparison misleading?
This Steel - Wires comparison names 6 specific ways its own evidence can mislead, all listed below. All 3 companies here report on comparable dates, so no rank carries a stale marker. 1 draws at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company draws at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; it is marked unverified wherever that figure appears.
- Thin comparisons: Revenue, Net profit, Valuation have fewer than three usable current readings.
12 · evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 3 Steel - Wires companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-31. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-31 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing2 cross-checked · 1 unverified · 0 withheld, of 3 graded companies.
How a second data feed is admitted, and what happens when it disagrees
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.
13 · questions investors ask, short speakable answers
Steel - Wires company comparison FAQs
These 23 answers restate the Steel - Wires comparison above in question form. Every one is computed from the same 3 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-31. Nothing here is estimated, and none of it is a recommendation.
Is the Steel - Wires sector outperforming NIFTY 500?
Steel - Wires has outperformed NIFTY 500 by 5.5% over 52 weeks and 0.3% over 13 weeks. 2 of 3 covered companies beat NIFTY on Mansfield relative strength, while 1 of 3 beat the sector itself.
Which Steel - Wires company is largest by revenue?
Bansal Wire Industries Ltd leads with revenue of ₹4,388 crore, based on 2 of 3 comparable companies through Jun 2026.
Which Steel - Wires company is growing fastest?
Bansal Wire Industries Ltd has the fastest current revenue growth at 20.9%, across 2 of 3 comparable companies.
Which Steel - Wires company has the strongest 4-Factor Sector Score?
Usha Martin Ltd ranks first at 65.6/100 with 90% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Steel - Wires company has the lowest comparable PEG?
Usha Martin Ltd has the lowest comparable PEG at 3.3, among 2 of 3 companies whose earnings and growth are steady enough for the ratio to mean anything.
How much history does this Steel - Wires comparison include?
The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
What is the Nifty Steel - Wires index?
The Nifty Steel - Wires index tracks India's listed Steel - Wires companies as a single basket. This page follows the same 3 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Steel - Wires sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Steel - Wires stocks in India?
Ranked by this page's four-factor score, Usha Martin Ltd places first among 3 listed Steel - Wires companies, followed by Bharat Wire Ropes Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Steel - Wires stocks are listed in India?
This comparison covers 3 listed Steel - Wires companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Steel - Wires company is the biggest?
Bansal Wire Industries Ltd is the largest, with trailing-twelve-month revenue of ₹4,388 crore, ahead of Usha Martin Ltd at ₹3,837 crore. That covers 2 of 3 companies with comparable reporting through Jun 2026.
Which Steel - Wires company has the best profit margins?
Bharat Wire Ropes Ltd has the highest operating margin at 25%, from 3 of 3 comparable companies. Usha Martin Ltd shows the biggest recent improvement, at +4 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Steel - Wires company makes the most profit?
Usha Martin Ltd earns the most, at ₹508 crore of trailing-twelve-month net profit, from 2 of 3 comparable companies. Usha Martin Ltd has the fastest profit growth at 26.1%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Steel - Wires company earns the highest return on capital?
Usha Martin Ltd leads on return on capital employed at 19.5%, across 3 of 3 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Steel - Wires stock is the cheapest?
On PEG — where a LOWER number is cheaper — Usha Martin Ltd screens cheapest at 3.3×. Only 2 of 3 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Is the Steel - Wires sector beating the market?
Steel - Wires has outperformed NIFTY 500 by 5.5% over the last 52 weeks and 0.3% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 2 of 3 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.
Which Steel - Wires stock has the strongest price momentum?
Usha Martin Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Steel - Wires company scores highest for research priority?
Usha Martin Ltd scores 65.6 out of 100 with 90% evidence confidence, from 24.8 points on growth and earnings, 18.9 on capital efficiency, 5 on valuation and 16.9 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Steel - Wires companies does this comparison cover, and over what period?
It compares 3 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Steel - Wires sector?
The 3 Steel - Wires companies on this page carry ₹21,391 crore of combined market value. Usha Martin Ltd is the largest at ₹15,114 crore, about 71% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-08-05.
How is the Steel - Wires sector performing?
2 of the 3 covered Steel - Wires companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 5.5% ahead of NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-08-05.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.