Walchandnagar Industries Ltd

About

Walchandnagar Industries Limited operates as a heavy engineering and project execution company in India and internationally. It operates through Heavy Engineering; Foundry and Machine Shop; and Others segments. The company provides booster motor casings and nozzles for aerospace applications; and design, engineering, manufacture, supply, project management, and supervision services for cement plant equipment and clinker grinding units. It also offers custom made solutions for modernization/retrofitting of existing plants; strategic articles, tactical missiles, and platform-based equipment for the defense sector; high and low speed, heavy-duty planetary, hydel, and heavy-duty marine gear boxes; missiles; and precision instruments and components, including pressure and temperature gauges, pressure transmitters, pressure switches, thermowells, diaphragm seals, and accessories under the TIWIN brand name. In addition, the company provides centrifugal machines; equipment for various nuclear power plants; industrial boilers and steam generators; and equipment for onshore production facilities, refineries, and petrochemical and fertilizer plants, as well as undertakes turnkey sugar projects, and installation and integration activities for nuclear power plants. Further, the company manufactures and sells grey and ductile iron castings; offers consulting engineering services in the areas of nuclear and thermal plants, oil and gas, submarines and ships; and design engineering and complex projects execution, special purpose machines, and research and development projects. Walchandnagar Industries Limited was incorporated in 1908 and is based in Pune, India.

Key Metrics

as of Sep 2026

Market Cap1,417 Cr

P/E—

Div Yield0.00 %

Book Value₹52.90

52w High₹316.00

52w Low₹131.00

Face Value₹2.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	90.83	93.02	80.95	51.78	49.43	53.08	59.07	67.86	79.17	91.38	55.86	87.92	67.19
Expenses	83.49	88.87	65.65	54.81	51.80	100.18	64.75	73.96	91.99	86.12	63.84	82.82	69.44
Operating Profit	7.34	4.15	15.30	-3.03	-2.37	-47.10	-5.68	-6.10	-12.82	5.26	-7.98	5.10	-2.25
OPM %	8.08	4.46	18.90	-5.85	-4.79	-88.73	-9.62	-8.99	-16.19	5.76	-14.29	5.80	-3.35
Other Income	6.97	10.87	1.70	3.64	4.53	2.92	3.32	9.70	24.28	4.23	6.74	3.84	7.35
Depreciation	3.12	2.77	2.80	2.76	2.69	2.69	2.68	2.66	2.61	2.08	4.18	4.30	4.24
Interest	10.01	9.31	9.54	9.75	9.86	9.25	12.09	11.97	10.58	11.01	13.24	12.78	12.27
Profit before tax	1.18	2.94	4.66	-11.90	-10.39	-56.12	-17.13	-11.03	-1.73	-3.60	-18.66	-8.14	-11.41
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Profit	1.18	2.94	4.66	-11.90	-10.39	-56.12	-17.13	-11.03	-1.73	-3.60	-18.66	-8.14	-11.41
EPS in Rs	0.17	0.43	0.69	-1.75	-1.53	-8.32	-3.09	-1.99	-0.31	-0.65	-4.06	-1.77	-2.48

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Sep 2014
Sales	275.00	259.00	302.00	322.00	299.00	326.00	298.00	364.00	398.00	398.00	802.00	638.00
Expenses	260.00	330.00	301.00	356.00	276.00	305.00	263.00	282.00	323.00	350.00	741.00	623.00
Operating Profit	15.00	-71.00	1.00	-34.00	23.00	20.00	35.00	82.00	76.00	48.00	61.00	16.00
OPM %	5.00	-27.00	0.50	-11.00	8.00	6.00	12.00	22.00	19.00	12.00	8.00	2.40
Other Income	22.00	40.00	21.00	128.00	33.00	25.00	10.00	25.00	9.00	4.00	-5.00	32.00
Interest	40.00	44.00	50.00	55.00	71.00	79.00	88.00	82.00	77.00	70.00	91.00	49.00
Depreciation	11.00	11.00	15.00	19.00	22.00	23.00	23.00	27.00	33.00	36.00	34.00	17.00
Profit before tax	-15.00	-86.00	-42.00	20.00	-38.00	-57.00	-65.00	-2.00	-26.00	-54.00	-69.00	-19.00
Tax %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	47.00	5.00	-33.00
Net Profit	-15.00	-86.00	-42.00	20.00	-38.00	-57.00	-65.00	-2.00	-26.00	-80.00	-72.00	-12.00
EPS in Rs	-2.16	-12.75	-7.55	4.26	-10.00	-15.04	-17.19	-0.56	-6.78	-20.89	-18.83	-3.25
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-12.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Sep 2014
Equity Capital	14.00	13.00	11.00	9.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00	8.00
Reserves	345.00	359.00	350.00	251.00	169.00	204.00	261.00	328.00	331.00	357.00	554.00	663.00
Borrowings	219.00	194.00	241.00	293.00	448.00	411.00	405.00	454.00	434.00	431.00	405.00	350.00
Other Liabilities	304.00	306.00	274.00	275.00	309.00	335.00	372.00	377.00	381.00	414.00	432.00	594.00
Total Liabilities	881.00	872.00	876.00	828.00	934.00	958.00	1,046.00	1,166.00	1,155.00	1,209.00	1,398.00	1,615.00
Fixed Assets	264.00	245.00	272.00	285.00	312.00	333.00	346.00	357.00	364.00	390.00	560.00	617.00
CWIP	17.00	8.00	1.00	2.00	4.00	4.00	9.00	5.00	2.00	1.00	1.00	4.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00	3.00	5.00	0.00	25.00
Other Assets	600.00	619.00	602.00	541.00	617.00	622.00	692.00	801.00	786.00	813.00	837.00	969.00
Total Assets	881.00	872.00	876.00	828.00	934.00	958.00	1,046.00	1,166.00	1,155.00	1,209.00	1,398.00	1,615.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Sep 2014
Cash from Operating Activity	-11.00	16.00	11.00	76.00	28.00	71.00	59.00	146.00	50.00	63.00	0.00	-38.00
Cash from Investing Activity	-14.00	-15.00	4.00	8.00	26.00	-8.00	39.00	-49.00	3.00	-10.00	15.00	31.00
Cash from Financing Activity	-10.00	-1.00	39.00	-85.00	-54.00	-64.00	-121.00	-78.00	-55.00	-66.00	-37.00	41.00
Net Cash Flow	-35.00	-1.00	54.00	-1.00	0.00	0.00	-24.00	18.00	-2.00	-14.00	-22.00	35.00
Free Cash Flow	-34.00	-19.00	9.00	75.00	26.00	67.00	44.00	134.00	43.00	59.00	-10.00	-39.00
CFO/OP %	-89.00	-14.00	742.00	-205.00	93.00	331.00	168.00	174.00	61.00	127.00	21.00	-99.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Sep 2014
Debtor Days	114.00	99.00	185.00	210.00	269.00	235.00	243.00	231.00	339.00	330.00	180.00	231.00
Inventory Days	451.00	363.00	380.00	279.00	475.00	378.00	1,030.00	640.00	384.00	410.00	266.00	394.00
Days Payable	220.00	186.00	201.00	170.00	234.00	174.00	383.00	311.00	214.00	186.00	94.00	255.00
Cash Conversion Cycle	346.00	275.00	363.00	319.00	509.00	439.00	891.00	560.00	508.00	554.00	353.00	371.00
Working Capital Days	-52.00	-36.00	0.00	-3.00	34.00	-14.00	47.00	-22.00	155.00	18.00	33.00	51.00
ROCE %	4.00	-8.00	0.00	-5.00	2.00	3.00	4.00	10.00	6.00	2.00	3.00	0.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	31.59	31.59	31.59	31.59	31.76	31.76	31.53	31.55	31.55	31.55	34.84	34.87
FIIs	2.38	0.47	0.46	0.38	0.36	0.64	0.52	0.31	0.35	0.28	0.33	0.03
DIIs	0.49	0.78	0.80	0.80	0.70	0.14	0.15	0.28	0.15	0.23	0.18	0.18
Public	65.53	67.14	67.12	67.20	67.14	67.42	67.78	67.84	67.92	67.91	64.63	64.88
No. of Shareholders	96,793	87,168	83,130	78,880	80,371	79,698	77,386	73,686	59,811	57,593	55,725	57,973

Corporate Actions

15 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Dividend	05 Feb 2015	—	—	0.40
Dividend	16 Jan 2014	—	—	0.40
Dividend	23 Jan 2013	—	—	1.00
Dividend	01 Feb 2012	—	—	1.00
Dividend	02 Feb 2011	—	—	1.00
Dividend	12 Jan 2010	—	—	1.00
Dividend	21 Jan 2009	—	—	1.00
Bonus	25 Feb 2008	03 Mar 2008	1:1	—
Other	25 Feb 2008	03 Mar 2008	—	—	Fv Spl-Rs10tors2/Bon-1:1
Dividend	22 Jan 2008	—	—	10.00
Other	22 Jan 2008	—	—	—	Agm/Centenary Div. -100%
Dividend	16 Jan 2007	—	—	4.50
Dividend	06 Jan 2006	—	—	0.60
Dividend	25 Jan 2002	—	—	3.30
Dividend	26 Dec 2000	—	—	3.30