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Bansal Wire Industries Limited Q1 FY26 Investor Presentation July 2025
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation Agenda Company Overview Quarterly Snapshot Way Forward Annexure 2
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Q1 FY26: Building on Momentum We are pleased to report a strong start to FY26, building on the momentum of a transformational FY25. Our performance reflects the strength of our integrated operations, product innovation and customer focus. India’s infrastructure growth and rising manufacturing demand continue to drive structural tailwinds for the steel wire industry, with Bansal Wire well-positioned to lead this shift. The Dadri expansion is progressing well, with new capacity expected soon. We are also scaling our specialty wire portfolio hose wire, IHT/OHT, and steel cord targeting high-growth, high-value segments aligned with India’s import substitution drive. Unifying all businesses under a single brand has further strengthened our industry leadership. Our long-term roadmap includes a backward-integrated steel and a wire facility in Sanand, Gujarat, aimed at securing raw material supply, improving cost efficiency and enhancing sustainability through solar power, rainwater harvesting and acid- free systems. We remain focused on execution, innovation, and market expansion to drive long- term value for all stakeholders. Bansal Wire Industries Limited Q1 FY26 Investor Presentation MR. PRANAV BANSAL, (MD & CEO) 3
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation Company Overview 4
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Bansal Wire: A 85-year legacy Bansal Wire Industries Limited 2nd Largest Steel Wire manufacturer in India by volume Largest Stainless Steel Wire manufacturer in India by volume 3,000+ SKUs – highest among all steel wire manufactures in India 5,000+ Customers across various industries 50+ Countries of export 89.56% Client retention in Top 300 customers (Average FY22-24) 74% Capacity Utilization Dadri Plant Largest single location plant in India 5 Manufacturing Facilities 559,000 MTPA installed capacity INR 9,390 Mn Revenue INR 745 Mn EBITDA 12.20 % RoE 14.50% RoCE Financial and Operational Highlights Q1 FY26 Mn- “ Millions” MTPA- “Metric tons per annum” Q1 FY26 Investor Presentation 5
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Consistent revenue growth with improving margins Bansal Wire Industries Limited Amounts are in Rs. millions 4,046 5,164 6,218 6,783 9,787 13,758 14,053 14,804 22,051 24,130 24,660 35,072 4.9% 5.1% 4.9% 4.9% 4.0% 3.9% 4.7% 5.7% 5.1% 4.7% 6.0% 7.9% FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 Revenue EBITDA Margin % Revenue CAGR (FY14-24): 19.8% Revenue CAGR (FY20-25): 20.1% • The Compound Annual Growth Rate (CAGR) of revenue has improved, driven by higher realizations supported by strong demand • Margins have strengthened over the past few years as the company has strategically focused on value-added products • To fuel its next phase of growth, the company aims to capture a larger market share by expanding its portfolio and pursuing backward integration initiatives Q1 FY26 Investor Presentation 6
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation The Milestones 1985 Company Incorporation 1995 Added manufacturing facility along with stainless steel wire production 2003 Commenced manufacturing of galvanized wire 2007 Commenced high carbon wires production 2015 New product of automotive industry2022 Commenced infrastructure of Dadri Plant2023 Acquisition of Bansal Steel & Power Limited 2024 - Fund raised through IPO - Launched Specialty Wire Segment - Dadri facility – Commenced operations in January 2025 - Acquired land for backward integration in Sanand, Gujarat 7Bansal Wire Industries Limited Q1 FY26 Investor Presentation
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation DQS INDIA • Carbon Border Adjustment Mechanism (CBAM): Embedded Greenhouse Gases Emissions QUALITY AUSTRIA • Quality Management System • Galvanized Steel Barbed Wire for Fencing – Specification • Mild Steel Wire for General Engineering Purposes • Galvanized Steel Wire for the Core of ACSR • Mild Steel Wires, Formed Wires and Tapes for Armouring of Cables IQNET • Manufacturing of Stainless Steel Wires ROHS CERTIFICATION PVT. LTD. Manufacture of: • Stainless Steel Wires • MIG, TIG, Submerged Arc Welding Wires • Core Wires for Electrodes • CO₂ Wires • High Carbon Steel Wires • GI Wires • Bright Bars Certifications and Licenses • Mild Steel Wire for General Engineering Purposes • Mild Steel Wires, Formed Wires and Tapes for Armouring of Cables • Steel Wires for Mechanical Springs • Patented and Cold Drawn Steel Wires (Unalloyed) • Steel Wires for Mechanical Springs • Round Steel Wire for Ropes • Galvanized Steel Barbed Wire for Fencing – Specification • Aluminium Conductors for Overhead Transmission Purposes: • Aluminium Conductors, Galvanized Steel Reinforced (ACSR) BUREAU OF INDIAN STANDARDS (BIS) INDIAN STANDARD MARK RINA SERVICES S.P .A. • Manufacturing of Stainless Steel Wire 8 Bansal Wire Industries Limited Q1 FY26 Investor Presentation
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation Environmental Social Governance ➢ Energy-Efficient Machines ➢ Zero Liquid Discharge with in-house 400 KLD ETP ➢ Rainwater harvesting through on-site storage pond ➢ Acid-free surface prep using sand belt for tyre cord ➢ Descaler in pickling process reduces acid use by 90% ➢ Green belt development with 300+ trees planted ➢ Diversity and Equal opportunities ➢ Occupational Health and Safety committee ➢ Talent Attraction and development ➢ Promote Work life balance ➢ Corporate Social Responsibilities ➢ Transparency ➢ Leadership and corporate Governance ➢ Business Ethics ➢ Policies and Procedures ➢ Compliance of Norms Integrating sustainability in all processes Bansal Wire Industries Limited Q1 FY26 Investor Presentation 9
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation Q1 FY26 Snapshot 10
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Bansal Wire Industries Limited ₹ million unless otherwise stated ₹ 9,390.1 Revenue 14.9 % YoY 0.1 % QoQ ₹ 744.6 EBITDA 19.6 % YoY 0.4 % QoQ ₹ 392.8 PAT 24.6 % YoY 18.6 % QoQ ₹ 35,071.7 42.2 % YoY ₹ 2,782.1 ₹ 1,463.7 94.5 % YoY 86.4 % YoY Q1 FY26 Investor Presentation Robust quarterly performance continues… Q1 FY-26 Revenue, EBITDA and Profitability surges on sustained cost-control measures and higher volume 11
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Bansal Wire Industries Limited ₹ million unless otherwise statedFY23 are Standalone Numbers 8,169.2 9,402.0 9,390.1 Q1FY25 Q4FY25 Q1FY26 Consolidate Revenue 622.4 747.3 744.6 Q1FY25 Q4FY25 Q1FY26 Consolidated EBITDA 315.1 331.2 392.8 Q1FY25 Q4FY25 Q1FY26 Consolidated PAT 24,130 24,660 35,072 FY23 FY24 FY25 Consolidated Revenue 1,148 1,493 2,782 FY23 FY24 FY25 Consolidated EBITDA 599 752 1,464 FY23 FY24 FY25 Consolidated PAT …boosting overall profitability,… • Company crossed important milestone of ₹35,000 million Revenue on annual basis • During last fiscal, the Company merged operations of Bansal High Carbons Pvt. Ltd. and Balaji Wires Pvt. Ltd. through job work leading to improved decision-making, better resource allocation, and enhanced overall performance Q1 FY26 Investor Presentation 12
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Bansal Wire Industries Limited 19.43 17.88 22.49 18.92 FY22 FY23 FY24 FY25 ROCE % 3.65 3.68 4.56 2.19 FY22 FY23 FY24 FY25 Gross Debt to EBTIDA 29.94 23.40 20.14 16.92 FY22 FY23 FY24 FY25 ROE % 3.63 3.65 4.53 2.16 FY22 FY23 FY24 FY25 Net Debt to EBITDA Key Metrics: Profitability and Leverage Insights • With reduction in debt, interest coverage ratio has surged last fiscal, reflecting healthy cash flow position • Lower debt has resulted in better ratios reflecting sound financial position • Company has expanded in last financial year through infusion of funds in form of working capital for expansion of Dadri and merging of group company’s operations 3.94 4.39 4.82 6.56 FY22 FY23 FY24 FY25 Interest Coverage 1.82 1.48 1.48 0.48 FY22 FY23 FY24 FY25 Debt to Equity Q1 FY26 Investor Presentation 13
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Way Forward 14
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation Entered specialty wire segment for next phase of growth Pilot project launched with capacity of 20,000 tonnes. Estimated annual demand and market potential of 2-2.5 lakh tonnes Steel Tyre Cord Hose Wire Hose wire capacity to establish Company as sole Indian manufacturer; thereby helping in curbing imports Bead Wire Establishing project with capacity of 30,000 tons per annum with estimated market size of product to be 450,000 tons per annum • ~ ₹650 crore investment by Wholly Owned Subsidiary in Sanand, Gujarat • 42-acre site near Tata Nagar manufacturing plant (₹80-90 crore) • Proposed 1.8 lakh-tonne steel plant + 60,000-tonne stainless steel wire facility • Target completion: Sept 2027 • Backward integration via steel scrap import and in-house production • Aims to strengthen Bansal Wire’s leadership position in steel wire in India Fully commission and ramp up the Dadri expansion Capacity addition by H1FY26 on Track 300 kt 120 kt Investment planned for capacity enhancements every six months ₹300 mn 15
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Annexure 16
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Particulars Q1 FY26 Q4 FY25 QoQ (%) Q1 FY25 YoY% FY25 FY24 YoY% Revenue from Operations 9,390.1 9,402.0 -0.1% 8,169.2 14.9% 35,071.7 24,660.3 42.2% Other Income 26.2 27.9 13.2 94.5 48.6 Total Income 9,416.3 9,429.9 -0.1% 8,182.3 15.1% 35,166.1 24,708.9 42.3% EBITDA 744.6 747.3 -0.4% 622.4 19.6% 2,782.1 1,492.6 86.4% Profit Before Tax (PBT) 500.3 507.9 -1.5% 445.6 12.2% 2,102.5 1,101.6 90.9% Profit After Tax (PAT) 392.8 331.2 18.6% 315.1 24.6% 1,463.7 752.4 94.5% Basic and diluted EPS (in ₹) (Not annualised) 2.5 2.1 2.4 9.7 5.8 Consolidated Quarterly P&L ₹ million unless otherwise stated Bansal Wire Industries Limited Q1 FY26 Investor Presentation 17
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Bansal Wire — Consolidated Balance sheet Assets FY25 FY26- 3M Non Current Assets 8,982.8 9,492.1 Property, plant and equipment 6,927.6 6,921.1 Capital Work in Progress 1,780.0 2,165.7 Other non-current assets 275.2 405.3 Current assets 12,700.6 12,436.1 Inventories 6,385.1 5,900.0 Trade receivables 4,761.9 5,037.9 Other current assets 1,553.6 1,498.2 Total Assets 21,683.4 21,928.3 Liabilities FY25 FY26- 3M Total Equity 12,690.1 13,082.5 Equity share capital 782.8 782.8 Other equity 11,907.3 12,299.7 Non-current liabilities 2,038.3 1,967.0 Borrowings 1,364.6 1,317.5 Provisions 69.4 75.2 Other Non current liabilities 390.5 378.8 Deferred tax Liabilities (net) 213.8 195.4 Current liabilities 6,955.0 6,878.7 Borrowings 4,715.9 4,561.7 Trade payables 1,872.5 1,910.1 Other current liabilities 366.6 407.0 Total Equity and Liabilities 21,683.4 21,928.3 ₹ million unless otherwise stated Bansal Wire Industries Limited Q1 FY26 Investor Presentation 18
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Bansal Wire — Consolidated Cash Flow ₹ million unless otherwise stated Bansal Wire Industries Limited Q1 FY26 Investor Presentation Particulars FY26- 3M FY25 Cash flow from operating activities Profit before tax 500.3 2,102.5 Adjustments for: Depreciation and amortisation expense 124.0 299.9 Loss/(Profit) Sale of property, plant and equipment and intangible assets (0.3) 1.4 Gain on Foreign Currency Fluctuation (PPE) 0.2 (4.9) Interest income on fixed deposits (1.9) (22.7) Finance Cost 120.5 378.4 Operating profit/(loss) before working capital changes: 742.8 2,754.6 Movement in working capital 331.5 (3,660.6) Cash generated/(utilized) in operating activities 1,074.4 (906.0) Income taxes paid (99.1) (603.6) Net cash generated/(utilized) in operating activities 975.3 (1,509.6) 19
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Bansal Wire Industries Limited Q1 FY26 Investor Presentation Market snapshot & shareholding pattern Market Statistics BSE/NSE Ticker 544209 / BANSALWIRE Stock Price* 390.5 Market Cap (Rs Crore)* 6113.5 Outstanding shares 15,65,55,952 Face Value 5 52 Week High/ Low 503.95 / 323.15 *As on June 30, 2025 Promoter & Group 77.99% DII 19.59% Public 0.35% FII 2.07% Shareholding as on June 30, 2025 20
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Bansal Wire Industries Limited Disclaimer This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation . This Presentation may not be all inclusive and may not contain all of the information that you may consider material . Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation may contain, words or phrases like “will” , “aim” “believe” , “expect” , “projects” , “plans” , “will continue” , “anticipate” , “intend” , “estimate” and similar expressions or variations of these expressions, that are “forward-looking statements that involve risks and uncertainties and are based on certain beliefs, plans and expectations of the Company. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Bansal Wire Industries Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Q1 FY26 Investor Presentation 21
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We express our heartfelt gratitude to all our stakeholders for their trust and solicit their continued patronage to make Bansal Wire Industries Limited grow exponentially in the coming years. Thank You