WPIL Ltd

WPIL Ltd

₹ 422 -0.19%
05 Jun - close price
About

Incorporated in 1952 by Johnston Pump Company Inc., USA, WPIL is engaged in the entire value chain of Pumps & Pumping Systems from concept to commissioning and execution of water supply projects on a turnkey basis for industrial units, power utilities, irrigation departments, etc. Clients include irrigation departments of various states like Telangana, Madhya Pradesh, central utilities, large PSUs, and various private sector entities.
In 2002, Mr. Prakash Agarwal acquired a controlling stake in the company from the B. M. Khaitan group. [1] [2]

Key Points

Business Segments
1) Projects (51% in Q1 FY25 vs 36% in FY22): [1] [2] The company executes water supply projects on a turnkey basis for industrial units, municipalities, power utilities, irrigation departments, etc. [3] Its solutions include pump selection, mechanical piping, system-instrument, and structural engineering. [4]

The project division experienced 108% revenue growth in FY23 due to improved execution across all project sites. However, in FY24, revenue growth slowed due to supply chain constraints with ductile iron pipes.[5] [6]

  • Market Cap 4,119 Cr.
  • Current Price 422
  • High / Low 524 / 342
  • Stock P/E 26.0
  • Book Value 163
  • Dividend Yield 0.47 %
  • ROCE 14.6 %
  • ROE 10.7 %
  • Face Value 1.00

Pros

Cons

  • Company has high debtors of 196 days.
  • Working capital days have increased from 88.1 days to 130 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.

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
520 324 319 431 591 363 491 382 572 379 426 539 511
418 264 252 361 489 302 387 333 492 329 346 426 436
Operating Profit 102 59 67 70 102 60 104 48 80 49 80 113 76
OPM % 20% 18% 21% 16% 17% 17% 21% 13% 14% 13% 19% 21% 15%
18 8 7 504 4 13 10 17 6 12 14 18 14
Interest 7 7 7 9 7 8 9 11 12 11 13 11 12
Depreciation 7 7 7 8 8 8 8 8 9 9 10 10 11
Profit before tax 105 53 59 557 92 59 98 46 65 40 71 109 67
Tax % 25% 24% 28% 4% 28% 26% 28% 19% 136% 36% 28% 31% 30%
79 40 43 535 66 43 70 37 -24 26 52 76 47
EPS in Rs 7.32 3.25 3.53 35.30 6.53 3.96 6.17 3.21 0.18 2.29 4.20 5.56 4.14
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
482 730 708 845 1,156 909 995 1,181 1,605 1,664 1,807 1,855
417 680 658 748 922 790 838 971 1,337 1,366 1,514 1,536
Operating Profit 65 49 50 97 234 119 157 210 268 298 293 318
OPM % 13% 7% 7% 11% 20% 13% 16% 18% 17% 18% 16% 17%
2 10 9 17 21 16 32 10 68 524 47 58
Interest 29 27 27 22 13 21 22 20 24 31 39 48
Depreciation 7 27 22 22 19 37 37 37 28 30 33 41
Profit before tax 31 5 10 69 223 77 129 163 284 762 267 288
Tax % 40% 174% 118% 48% 29% 30% 24% 28% 23% 10% 53% 31%
19 -4 -2 36 157 54 99 118 220 684 127 200
EPS in Rs 1.89 0.10 0.73 4.10 12.87 5.75 8.62 9.96 19.36 48.62 13.52 16.19
Dividend Payout % 11% 193% 28% 10% 6% 13% 12% 10% 10% 8% 15% 12%
Compounded Sales Growth
10 Years: 10%
5 Years: 13%
3 Years: 5%
TTM: 3%
Compounded Profit Growth
10 Years: 83%
5 Years: 13%
3 Years: -6%
TTM: 20%
Stock Price CAGR
10 Years: 28%
5 Years: 36%
3 Years: 14%
1 Year: 1%
Return on Equity
10 Years: 20%
5 Years: 20%
3 Years: 20%
Last Year: 11%

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 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 238 236 249 284 397 444 533 625 800 1,236 1,362 1,581
103 268 273 173 138 377 312 317 258 220 465 502
136 306 268 521 498 572 660 855 1,134 1,162 1,093 1,173
Total Liabilities 487 819 799 988 1,044 1,403 1,514 1,806 2,202 2,628 2,930 3,265
141 207 180 182 176 449 429 421 467 439 497 654
CWIP 1 1 2 0 1 1 1 9 9 14 9 2
Investments 0 0 14 13 14 13 16 17 20 25 32 42
345 611 603 792 853 939 1,070 1,359 1,706 2,150 2,391 2,568
Total Assets 487 819 799 988 1,044 1,403 1,514 1,806 2,202 2,628 2,930 3,265

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
26 -97 63 182 141 55 230 115 187 -90 -150 -93
-4 -91 3 -50 -34 -296 -38 -49 -109 517 -320 180
-10 193 -72 -124 -53 199 -143 -35 -102 -88 151 -46
Net Cash Flow 12 5 -7 7 53 -42 49 30 -24 339 -318 41
Free Cash Flow 21 -189 64 172 130 -63 244 90 155 -131 -187 -147
CFO/OP 56% -162% 154% 221% 82% 72% 157% 80% 92% -16% -43% 14%

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 171 165 156 153 92 129 120 132 124 160 168 196
Inventory Days 70 241 209 177 138 240 218 383 360 389 313 285
Days Payable 97 144 161 176 151 208 217 501 497 482 348 236
Cash Conversion Cycle 143 261 204 154 79 160 120 14 -12 67 133 246
Working Capital Days 106 81 58 10 21 37 38 34 44 63 71 130
ROCE % 16% 7% 7% 18% 45% 14% 17% 19% 24% 20% 16% 15%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Global Manpower
Employees

Log in to view insights

Please log in to see hidden values.

Login
Working Capital Days
Days
Average Collection Period
Days
Average Inventory Period
Days
Number of Manufacturing Facilities
Units
Product Order Backlog
INR Million
Project Order Backlog
INR Million
Sales to Dealers and Distributors (as % of Total Sales)
% ・Standalone data
Total Order Backlog (Unsatisfied Performance Obligations)
INR Million
Standalone Order Book
INR Crore ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79% 70.79%
5.81% 5.89% 5.85% 5.82% 5.81% 5.68% 5.67% 5.57% 5.54% 5.60% 5.61% 5.62%
2.84% 2.70% 2.68% 2.62% 2.62% 2.61% 2.58% 2.56% 2.56% 2.56% 2.57% 2.59%
20.56% 20.62% 20.67% 20.77% 20.78% 20.92% 20.96% 21.08% 21.11% 21.05% 21.01% 20.99%
No. of Shareholders 10,60611,51811,80812,80314,19723,84626,23628,85227,88926,98926,14325,524

* 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

Concalls