Wendt India Ltd

Wendt India Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Wendt India Ltd

₹ 7,052 1.94%
06 May 3:33 p.m.
wendtindia.com BSE: 505412 NSE: WENDT
About

Wendt India is a leading manufacturer of Super Abrasives, Machining Tools, and Precision Components. It is a preferred supplier for many of the automobile, auto component, engineering, aerospace, defense ceramics customers for their Super Abrasive Tooling solutions, Grinding & Honing Machines, and Precision components. [1] [2]

The company is JV between 3M (via Wendt GmbH) and Carborundum Universal (Murugappa Group). Both the companies hold 37.5% shares in the company. [3] [4]

Key Points

Business Profile[1]
Founded in 1980 as a joint venture between Wendt GmbH and The House of Khataus, Wendt is a market leader in super abrasives and high-precision grinding solutions. Their major shareholders include Wendt GmbH (37.5%), and Carborundum Universal Ltd. (37.5%).

Website BSE NSE
  • Market Cap ₹ 1,410 Cr.
  • Current Price ₹ 7,052
  • High / Low ₹ 13,000 / 5,842
  • Stock P/E 96.9
  • Book Value ₹ 1,269
  • Dividend Yield 0.71 %
  • ROCE 9.16 %
  • ROE 5.85 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 30.3%

Cons

  • The company has delivered a poor sales growth of 11.6% over past five years.
  • Company has a low return on equity of 12.7% over last 3 years.
  • Promoter holding has decreased over last 3 years: -37.5%
  • Working capital days have increased from 117 days to 175 days

* 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 Products Abrasives & Bearings

Part of BSE Industrials BSE 1000

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
58.93 51.26 51.00 54.50 70.07 49.06 55.66 53.40 75.60 52.17 56.58 60.79 66.78
42.01 38.86 38.55 41.24 52.54 38.51 42.99 42.38 57.25 44.89 49.90 53.47 56.02
Operating Profit 16.92 12.40 12.45 13.26 17.53 10.55 12.67 11.02 18.35 7.28 6.68 7.32 10.76
OPM % 28.71% 24.19% 24.41% 24.33% 25.02% 21.50% 22.76% 20.64% 24.27% 13.95% 11.81% 12.04% 16.11%
1.73 1.81 1.67 1.82 1.82 1.95 2.78 1.92 2.11 1.70 1.30 1.35 1.18
Interest 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.01 0.01 0.01 0.00 0.01
Depreciation 2.18 2.06 2.13 2.10 2.26 2.19 2.27 2.31 3.30 3.44 3.56 3.63 4.09
Profit before tax 16.47 12.15 11.99 12.98 17.09 10.30 13.16 10.62 17.15 5.53 4.41 5.04 7.84
Tax % 22.34% 25.76% 25.35% 26.04% 21.71% 25.44% 18.77% 22.60% 24.84% 31.65% 38.78% 40.87% 35.08%
12.79 9.02 8.95 9.60 13.38 7.68 10.69 8.22 12.89 3.78 2.70 2.98 5.09
EPS in Rs 63.95 45.10 44.75 48.00 66.90 38.40 53.45 41.10 64.45 18.90 13.50 14.90 25.45
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
124 135 146 147 165 143 137 179 210 227 234 236
100 112 120 120 134 124 114 136 154 171 181 204
Operating Profit 24 23 26 27 30 19 23 42 57 56 53 32
OPM % 19% 17% 18% 18% 18% 13% 17% 24% 27% 25% 23% 14%
2 2 2 3 2 5 4 4 5 7 9 6
Interest 0 1 1 1 0 1 1 1 0 0 1 0
Depreciation 8 9 10 10 10 9 9 9 8 9 10 15
Profit before tax 17 16 17 18 22 14 17 37 53 54 51 23
Tax % 20% 32% 27% 27% 30% 26% 25% 27% 24% 24% 23% 36%
14 11 12 13 15 10 13 27 40 41 39 15
EPS in Rs 67.70 53.90 60.25 65.60 77.05 50.15 63.85 135.35 200.45 204.75 197.40 72.75
Dividend Payout % 37% 46% 41% 38% 39% 50% 47% 48% 40% 24% 25% 41%
Compounded Sales Growth
10 Years: 6%
5 Years: 12%
3 Years: 4%
TTM: 1%
Compounded Profit Growth
10 Years: 3%
5 Years: 5%
3 Years: -27%
TTM: -58%
Stock Price CAGR
10 Years: 14%
5 Years: 17%
3 Years: -9%
1 Year: -29%
Return on Equity
10 Years: 13%
5 Years: 15%
3 Years: 13%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 2 2 2 2 2 2 2 2 2 2 2 2
Reserves 98 105 110 120 128 136 141 160 187 210 242 252
0 0 0 0 0 0 1 1 0 0 1 0
35 37 33 38 50 45 41 41 40 44 56 52
Total Liabilities 135 144 145 160 180 183 185 204 229 256 301 306
57 58 61 57 55 54 56 54 56 58 100 106
CWIP 2 6 2 2 5 4 1 1 2 2 10 3
Investments 21 14 15 22 36 36 37 64 71 73 52 47
55 66 67 79 84 89 90 85 100 122 139 149
Total Assets 135 144 145 160 180 183 185 204 229 256 301 306

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
17 11 18 24 33 16 8 37 33 30 34 22
-12 -5 -13 -13 -22 -10 -2 -30 -17 -9 -24 -5
-6 -6 -6 -6 -7 -3 -6 -8 -16 -16 -9 -9
Net Cash Flow -2 0 -0 4 3 3 1 -1 -0 5 1 7
Free Cash Flow 17 11 18 18 24 4 -2 32 23 14 -21 9
CFO/OP 82% 71% 87% 106% 139% 111% 56% 107% 77% 80% 80% 101%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 68 85 77 91 68 66 97 70 70 86 107 84
Inventory Days 154 152 145 153 165 207 181 165 175 160 162 220
Days Payable 144 154 97 139 163 162 181 135 121 112 134 136
Cash Conversion Cycle 77 83 124 105 70 111 97 100 124 134 135 168
Working Capital Days 56 74 79 71 35 44 75 52 79 85 92 175
ROCE % 18% 16% 16% 16% 18% 10% 11% 23% 29% 25% 20% 9%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales (Standalone)
₹ lakhs ・Standalone data

Log in to view insights

Please log in to see hidden values.

Login
Export Sales Share (Standalone)
% ・Standalone data
Number of Permanent Employees
count ・Standalone data
Sales per employee
₹ lakhs ・Standalone data
Net Working Capital Days
days ・Includes some standalone data
Net Sales (Consolidated)
₹ lakhs
Capacity utilization - EP (Electroplated)
% ・Standalone data
Capacity utilization - Metal Bond
% ・Standalone data
Capacity utilization - Resin Bond
% ・Standalone data
Capacity utilization - Rotary
% ・Standalone data
Capacity utilization - Vitrification
% ・Standalone data
Number of Dealers
count ・Standalone data
Global Agents
count ・Standalone data
Number of Stockists
count ・Standalone data
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 37.50% 37.50% 37.50% 37.50%
0.03% 0.01% 0.02% 0.05% 0.04% 0.04% 0.04% 0.09% 2.35% 1.81% 1.13% 1.00%
6.86% 6.82% 6.82% 6.78% 6.78% 6.73% 6.72% 6.71% 9.17% 9.63% 9.83% 12.76%
18.10% 18.17% 18.15% 18.17% 18.16% 18.23% 18.24% 18.19% 51.00% 51.06% 51.55% 48.74%
No. of Shareholders 7,9678,8159,2169,3239,4049,5899,6259,64523,04027,57828,99926,654

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls

  • May 2025
    Transcript
    AI Summary
    PPT
  • Mar 2025
    Transcript
    AI Summary
    PPT
  • Feb 2025
    Transcript
    AI Summary
    PPT
  • Feb 2025
    Transcript
    AI Summary
    PPT