Bedmutha Industries Limited was incorporated in 1990 and is based in Mumbai, India. The company was formerly known as Bedmutha Wire Company Limited and changed its name to Bedmutha Industries Limited in November 2009. Bedmutha Industries Limited engages in the manufacture and sale of steel wire and wire products in India. The company operates through Steel, Copper, Consultancy, Windmill, and EPC Projects segments.
Bedmutha Industries Ltd is an ISO 9001:2008 certified manufacturer and exporter of G I Wire, ACSR Wire, Stay/Guy/Earth Wire 7,19,37 Wire Strands, Spring steel wire, Tyre bead wire, Wire for ropes, etc, and various types of wire and wire products. The company has established itself as a significant player in the steel wire manufacturing sector, serving diverse industries with a comprehensive product portfolio.
Bedmutha Industries Ltd has a market capitalisation of ₹ 533 Cr as on 16-May-2025. As per Value Research classification, it is a Small Cap company. TTM profit after tax of Bedmutha Industries Ltd was ₹30 Cr. Over the last 5 years, revenue has grown at a yearly rate of 10.79%, vs industry avg of 9.86%. Over the last 5 years, market share increased from 0.1% to 0.11%. This growth trajectory indicates the company's expanding market presence and competitive positioning within the steel wire manufacturing industry.
- Market Capitalization: ₹ 533 Cr (as of May 16, 2025)
- TTM Profit After Tax: ₹ 30 Cr
- Revenue Growth (Last 5 Years): 10.79% per annum
- Market Share Growth (Last 5 Years): From 0.1% to 0.11%
- P/E Ratio: 18.07 times (22% discount to peers' median)
- P/B Ratio: 3.72 times (8% premium to peers' median)
- 52-week High: ₹275
- 52-week Low: ₹135.01
- EPS (TTM): 9.14
- Promoter Holding: 57.0% (as of Mar-25)
- Pledged Promoter Holding: 25.58% (as of Mar-25)
Bedmutha Industries Ltd operates a manufacturing plant with a significant installed capacity.
- Installed Capacity:
- Wire Drawing: 61,000 MTPA
- Galvanizing Plant: 5,300 MTPA
- Wire Nails: 1,800 MTPA
- Stranding: 2,400 MTPA
- Monthly Capacity:
- Wire Drawing: Approximately 12,000 tons/month
- Galvanizing: 7,000 tons/month
- Patenting: 3,000 tons/month
- Other Assets: A Wind Mill in Karnataka with a power generation capacity of 225 KW.
The company offers a diverse range of steel and copper wire products, catering to various industrial needs.
- Steel Wire Products: Galvanized steel, chainlink fencing, wire nails, M.S. wires, barbed wire, stitching wire, staple wire, spring steel wires, high carbon rope wire, cold heading quality wire, bead wire, patented galvanized wire, patented black wire, cable armour (flat wire), A.C.S.R. core wire (single and stranded), distribution box wire, earth wire, stay wire, barbed wire, 19 strand guy wires, N.T./P.C. wires, P.C. strand, and annealed/binding wires.
- Copper Products: Copper rod, copper wire rod, copper rectangular strip, copper bus bar, copper foil, copper section, profiles, and components.
- Wire Rope Products: Various types of wire rope products.
- Specialty Copper Products: Oxygen-free copper wire rods (8-30 mm) by up-cast method, copper bus bars up to 320 mm width, and copper foils (thickness 32 microns to 2 mm) and width up to 320 mm.
- EPC Projects: Involvement in Engineering, Procurement, and Construction projects.
Bedmutha Industries Ltd's products find application in retail, automotive, power, and infrastructure sectors. The company has a significant global footprint, exporting its products to various countries including Europe, South Korea, Australia, the United States, Africa, Asia, and the Middle East. This diversified geographic presence reduces dependence on domestic demand and showcases the company's ability to compete internationally.
- MOU with Maharashtra Government: Recently, the company signed an MOU with the Maharashtra Government to manufacture LRPC wires, Spring steel wires, GI wires, and SS wires. This expansion project is estimated to involve an investment of Rs 152.90 crore, demonstrating a commitment to scaling up manufacturing capabilities.
- Financial Audits and Compliance: The company's FY25 audited financials were approved with an unmodified opinion on May 23, 2025. New internal, secretarial, and cost auditors were appointed, ensuring continued compliance and transparency.
- Industry Position: Bedmutha Industries Ltd belongs to the Materials sector & Iron & Steel sub-sector. The company has demonstrated resilience with consistent revenue growth and improving operational efficiency. It has delivered a return of 28.76% in the last 3 years.
The company's diversified product portfolio, strong manufacturing base, and expanding international presence position it well for future growth. Investors should consider the cyclical nature of the steel industry and monitor commodity price fluctuations.
Note: The "Stock Price" is marked as ₹00.00 as it was not provided in the non-formatted file, similar to the formatted example. The "Stock Symbol" and "Exchange" have been inferred based on common practices for publicly listed Indian companies.
