Walchandnagar Industries Ltd
Incorporated in 1908, Walchandnagar
Industries Ltd is in the Heavy engineering
and Foundry & Machine Shop business[1]
- Market Cap ₹ 1,676 Cr.
- Current Price ₹ 247
- High / Low ₹ 316 / 131
- Stock P/E
- Book Value ₹ 52.9
- Dividend Yield 0.00 %
- ROCE 4.28 %
- ROE -3.82 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 4.60 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.31% over past five years.
- Promoter holding is low: 31.6%
- Company has a low return on equity of -14.8% over last 3 years.
- Promoters have pledged 49.2% of their holding.
- Earnings include an other income of Rs.20.4 Cr.
- Promoter holding has decreased over last 3 years: -3.28%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Part of BSE Industrials
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Sep 2014 | Mar 2016 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 638 | 802 | 398 | 398 | 364 | 298 | 326 | 299 | 322 | 302 | 259 | 275 | |
| 623 | 741 | 350 | 323 | 282 | 263 | 305 | 276 | 356 | 301 | 330 | 261 | |
| Operating Profit | 16 | 61 | 48 | 76 | 82 | 35 | 20 | 23 | -34 | 1 | -71 | 14 |
| OPM % | 2% | 8% | 12% | 19% | 22% | 12% | 6% | 8% | -11% | 0% | -27% | 5% |
| 32 | -5 | 4 | 9 | 25 | 10 | 25 | 33 | 128 | 21 | 40 | 20 | |
| Interest | 49 | 91 | 70 | 77 | 82 | 88 | 79 | 71 | 55 | 50 | 44 | 38 |
| Depreciation | 17 | 34 | 36 | 33 | 27 | 23 | 23 | 22 | 19 | 15 | 11 | 11 |
| Profit before tax | -19 | -69 | -54 | -26 | -2 | -65 | -57 | -38 | 20 | -42 | -86 | -15 |
| Tax % | -33% | 5% | 47% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| -12 | -72 | -80 | -26 | -2 | -65 | -57 | -38 | 20 | -42 | -86 | -15 | |
| EPS in Rs | -3.25 | -18.83 | -20.89 | -6.78 | -0.56 | -17.19 | -15.04 | -10.00 | 4.26 | -7.55 | -12.75 | -2.16 |
| Dividend Payout % | -12% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -3% |
| 3 Years: | -5% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 12% |
| 3 Years: | 23% |
| TTM: | 85% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 29% |
| 3 Years: | 40% |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | -17% |
| 5 Years: | -21% |
| 3 Years: | -15% |
| Last Year: | -4% |
Balance Sheet
Figures in Rs. Crores
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 11 | 13 | 14 |
| Reserves | 663 | 554 | 357 | 331 | 328 | 261 | 204 | 169 | 251 | 350 | 359 | 345 |
| 350 | 405 | 431 | 434 | 454 | 405 | 411 | 448 | 293 | 241 | 194 | 219 | |
| 594 | 432 | 414 | 381 | 377 | 372 | 335 | 309 | 275 | 274 | 306 | 304 | |
| Total Liabilities | 1,615 | 1,398 | 1,209 | 1,155 | 1,166 | 1,046 | 958 | 934 | 828 | 876 | 872 | 881 |
| 617 | 560 | 390 | 364 | 357 | 346 | 333 | 312 | 285 | 272 | 245 | 264 | |
| CWIP | 4 | 1 | 1 | 2 | 5 | 9 | 4 | 4 | 2 | 1 | 8 | 17 |
| Investments | 25 | 0 | 5 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 969 | 837 | 813 | 786 | 801 | 692 | 622 | 617 | 541 | 602 | 619 | 600 | |
| Total Assets | 1,615 | 1,398 | 1,209 | 1,155 | 1,166 | 1,046 | 958 | 934 | 828 | 876 | 872 | 881 |
Cash Flows
Figures in Rs. Crores
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -38 | 0 | 63 | 50 | 146 | 59 | 71 | 28 | 76 | 11 | 16 | -11 | |
| 31 | 15 | -10 | 3 | -49 | 39 | -8 | 26 | 8 | 4 | -15 | -14 | |
| 41 | -37 | -66 | -55 | -78 | -121 | -64 | -54 | -85 | 39 | -1 | -10 | |
| Net Cash Flow | 35 | -22 | -14 | -2 | 18 | -24 | -0 | 0 | -1 | 54 | -1 | -35 |
| Free Cash Flow | -39 | -10 | 59 | 43 | 134 | 44 | 67 | 26 | 75 | 9 | -19 | -34 |
| CFO/OP | -99% | 21% | 127% | 61% | 174% | 168% | 331% | 93% | -205% | 742% | -14% | -92% |
Ratios
Figures in Rs. Crores
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 231 | 180 | 330 | 339 | 231 | 243 | 235 | 269 | 210 | 185 | 99 | 114 |
| Inventory Days | 394 | 266 | 410 | 384 | 640 | 1,030 | 378 | 475 | 279 | 380 | 363 | 398 |
| Days Payable | 255 | 94 | 186 | 214 | 311 | 383 | 174 | 234 | 170 | 201 | 186 | 194 |
| Cash Conversion Cycle | 371 | 353 | 554 | 508 | 560 | 891 | 439 | 509 | 319 | 363 | 275 | 318 |
| Working Capital Days | 51 | 33 | 18 | 155 | -22 | 47 | -14 | 34 | -3 | 0 | -36 | -17 |
| ROCE % | 0% | 3% | 2% | 6% | 10% | 4% | 3% | 2% | -5% | 0% | -8% | 4% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Order Book (Unexecuted) INR Crore |
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| Hi-tech Manufacturing Share of Order Book % of Order Book Value |
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| DNA Segment Share of Revenue % of Total Revenue |
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| Aerospace Share of Order Book % of Order Book Value |
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| Aerospace and Missile Revenue Share (within HED) % of Total Revenue |
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| Nuclear Revenue Share (within HED) % of Total Revenue |
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| Centrifugal Machines Domestic Market Share % of Indian Centrifugal Machines Market |
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| Centrifugal Machines Sold Number of Machines |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2m - Please find attached herewith Notice of 117th AGM of the Company to be held on August 11, 2026 published in newspapers today i.e. July 17, …
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Reg. 34 (1) Annual Report.
20h - Annual report and AGM notice for August 11, 2026; proposes consultancy renewal for Chakor L. Doshi.
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117Th Annual Report Of The Company For FY 25-26
1d - FY26 annual report and AGM notice; 117th AGM on Aug 11, 2026; consultant renewal for Chakor L. Doshi.
- Notice Of The 117Th Annual General Meeting Of The Company Scheduled To Be Held On August 11, 2026 1d
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jul - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended June 30, 2026.
Annual reports
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Financial Year 2026
from bse
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
Concalls
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May 2025TranscriptAI SummaryPPT
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Mar 2025TranscriptAI SummaryPPT
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Oct 2024TranscriptAI SummaryPPT
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May 2019TranscriptPPT
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Feb 2019TranscriptPPT
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Nov 2018TranscriptPPT
Business Overview:[1]
WIL is an ISO 9001:2008 certified Heavy Engineering and Project execution company.
The company has a diversified business offerings across core sectors with Hi Tech Manufacturing, Engineering Products and Engineering Services.