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Walchandnagar Inds Overview

Walchandnagar Industries Ltd is a heavy engineering and project execution agency. The Company's segments encompass Heavy Engineering; Foundry and Machine Shop, and Others. The Heavy Engineering (Industrial Machinery Division) segment is engaged in engineering, fabrication and production of equipment for sugar plants, cement plants, boilers and power plants, business and marine gears, mineral processing and engineering, procurement, construction (EPC), petro-chemical substances and space, defense and nuclear power commercial enterprise. The Comp...Read More

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Walchandnagar Inds Key Financials

Market Cap ₹1594 Cr.

Stock P/E -18.5

P/B 4.5

Current Price ₹235

Book Value ₹ 52

Face Value 2

52W High ₹277

Dividend Yield 0%

52W Low ₹ 131.1

Walchandnagar Inds Share Price

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Volume
Price

Walchandnagar Inds Quarterly Price

Show Value Show %

Walchandnagar Inds Peer Comparison

Walchandnagar Inds Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 88 56 91 79 68 59 53 49 52 81
Other Income 4 7 4 24 6 3 3 5 4 3
Total Income 92 63 96 103 73 62 56 54 55 84
Total Expenditure 83 64 86 92 74 65 100 52 55 66
Operating Profit 9 -1 9 11 -1 -2 -44 2 1 18
Interest 13 13 11 11 12 12 9 10 10 10
Depreciation 4 4 2 3 3 3 3 3 3 3
Exceptional Income / Expenses 0 0 0 0 4 0 0 0 0 -1
Profit Before Tax -8 -19 -4 -2 -11 -17 -56 -10 -12 5
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -8 -19 -4 -2 -11 -17 -56 -10 -12 5
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -8 -19 -4 -2 -11 -17 -56 -10 -12 5
Adjusted Earnings Per Share -1.8 -4.1 -0.6 -0.3 -2 -3.1 -8.3 -1.5 -1.8 0.7

Walchandnagar Inds Profit & Loss

#(Fig in Cr.) Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 621 771 398 398 364 298 326 299 322 302 259 235
Other Income 8 5 4 9 55 38 44 33 22 26 42 15
Total Income 628 776 401 407 419 336 369 332 344 328 302 249
Total Expenditure 605 710 350 323 312 281 324 276 356 306 337 273
Operating Profit 23 66 52 85 106 55 45 56 -12 23 -35 -23
Interest 49 91 70 77 82 88 79 71 55 50 44 39
Depreciation 17 34 36 33 27 23 23 22 19 15 11 12
Exceptional Income / Expenses 24 -10 0 0 0 -10 0 0 105 0 4 -1
Profit Before Tax -19 -69 -54 -26 -2 -65 -57 -38 20 -42 -86 -73
Provision for Tax -6 3 25 0 0 0 0 0 0 0 0 0
Profit After Tax -12 -72 -80 -26 -2 -65 -57 -38 20 -42 -86 -73
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -12 -72 -80 -26 -2 -65 -57 -38 20 -42 -86 -73
Adjusted Earnings Per Share -3.2 -18.8 -20.9 -6.8 -0.6 -17.2 -15 -10 4.3 -7.6 -12.8 -10.9

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -14% -5% -3% -8%
Operating Profit CAGR -252% NAN% NAN% NAN%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 30% 53% 30% 5%
ROE Average -25% -10% -15% -17%
ROCE Average -7% 2% 3% 4%

Walchandnagar Inds Balance Sheet

#(Fig in Cr.) Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 670 562 364 339 335 269 212 177 261 361 373
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 75 89 53 249 202 159 105 170 50 0 51
Other Non-Current Liabilities 72 39 67 61 75 114 155 135 80 77 61
Total Current Liabilities 779 689 725 506 553 504 486 452 437 437 387
Total Liabilities 1596 1379 1209 1155 1166 1046 958 934 828 876 872
Fixed Assets 617 560 389 362 356 344 320 300 283 271 243
Other Non-Current Assets 46 33 54 84 158 117 116 108 49 50 134
Total Current Assets 933 786 719 678 623 585 521 526 489 548 470
Total Assets 1596 1379 1209 1155 1166 1046 958 934 828 876 872

Walchandnagar Inds Cash Flow

#(Fig in Cr.) Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 12 47 24 11 8 27 3 3 3 2 56
Cash Flow from Operating Activities -38 0 63 50 146 59 71 28 76 11 16
Cash Flow from Investing Activities 31 15 -10 3 -49 39 -8 26 8 4 -15
Cash Flow from Financing Activities 41 -37 -66 -55 -78 -121 -64 -54 -85 39 -1
Net Cash Inflow / Outflow 35 -22 -14 -2 18 -24 -0 0 -1 54 -1
Closing Cash & Cash Equivalent 47 25 11 8 27 3 3 3 2 56 55

Walchandnagar Inds Ratios

# Sep 2014 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -3.25 -18.83 -20.9 -6.79 -0.56 -17.2 -15.04 -10.01 4.26 -7.55 -12.75
CEPS(Rs) 1.28 -9.94 -11.52 2.01 6.54 -11.16 -9.01 -4.16 8.33 -4.88 -11.18
DPS(Rs) 0.4 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 49.37 29.5 95.78 89.1 88.13 70.72 55.64 46.52 56.67 56.63 54.85
Core EBITDA Margin(%) 2.43 7.65 11.33 18.98 14.25 5.58 0.45 7.64 -10.6 -1.13 -30
EBIT Margin(%) 4.78 2.78 3.74 12.83 21.83 7.47 6.83 11.14 23.24 2.56 -16.19
Pre Tax Margin(%) -2.9 -8.62 -12.79 -6.48 -0.59 -21.96 -17.58 -12.72 6.08 -13.84 -33.19
PAT Margin (%) -1.93 -9.01 -18.77 -6.48 -0.59 -21.96 -17.58 -12.72 6.08 -13.84 -33.19
Cash Profit Margin (%) 0.76 -4.76 -10.35 1.92 6.84 -14.25 -10.53 -5.29 11.88 -8.94 -29.09
ROA(%) -0.78 -4.82 -6.14 -2.18 -0.18 -5.92 -5.71 -4.03 2.22 -4.91 -9.85
ROE(%) -6.38 -47.75 -33.36 -7.34 -0.63 -21.66 -23.81 -19.59 8.95 -14.57 -25.17
ROCE(%) 6.12 4.2 2.42 6.52 10.17 3.04 3.43 5.34 12.7 1.34 -7.18
Receivable days 234.4 183.72 325.76 334.36 300.92 262.74 228.63 261.99 229.83 204.29 157.02
Inventory Days 165.58 136.96 203.06 166.45 183.41 263.1 217.68 187.83 162.13 163.31 184.82
Payable days 314.67 158.21 197.93 204.75 312.46 398.74 194.55 225.65 165.8 210.33 200.89
PER(x) 0 0 0 0 0 0 0 0 12.41 0 0
Price/Book(x) 2.14 5.01 1.49 1.92 1.01 0.36 1.13 1.08 0.93 3.58 2.81
Dividend Yield(%) 0.38 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.14 1.22 2.4 2.65 1.93 1.54 1.85 1.98 1.5 4.14 4.34
EV/Core EBITDA(x) 30.15 14.27 18.52 12.48 6.6 8.34 13.33 10.67 -40.61 55.54 -31.77
Net Sales Growth(%) -14.59 24.19 -48.37 0.13 -8.62 -18.13 9.26 -8.12 7.65 -6.13 -14.28
EBIT Growth(%) 417.25 -27.64 -28.4 222.4 55.5 -72 -0.04 49.82 124.61 -89.66 -641.99
PAT Growth(%) 67.7 -479.68 -10.93 67.53 91.71 -2958.88 12.56 33.49 151.43 -313.64 -105.67
EPS Growth(%) 67.7 -479.68 -10.99 67.53 91.71 -2958.98 12.56 33.49 142.59 -277.19 -68.92
Debt/Equity(x) 1.86 3.6 1.18 1.28 1.35 1.51 1.94 2.53 1.12 0.77 0.52
Current Ratio(x) 1.2 1.14 0.99 1.34 1.13 1.16 1.07 1.16 1.12 1.25 1.22
Quick Ratio(x) 0.79 0.74 0.73 1 0.77 0.7 0.76 0.82 0.82 0.94 0.9
Interest Cover(x) 0.62 0.24 0.23 0.66 0.97 0.25 0.28 0.47 1.35 0.16 -0.95
Total Debt/Mcap(x) 0.87 0.72 0.8 0.67 1.34 4.18 1.71 2.34 1.2 0.21 0.19

Walchandnagar Inds Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 34.83 31.55 31.55 31.54 31.53 31.77 31.77 31.6 31.59 31.59
FII 0.33 0.28 0.35 0.31 0.52 0.64 0.36 0.38 0.46 0.47
DII 0.2 0.25 0.17 0.3 0.17 0.16 0.72 0.8 0.8 0.8
Public 64.63 67.91 67.92 67.84 67.78 67.43 67.15 67.22 67.15 67.14
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Walchandnagar Inds News

Walchandnagar Inds Pros & Cons

Pros

  • Debtor days have improved from 210.33 to 200.89days.

Cons

  • Promoter holding is low: 31.59%.
  • Company has a low return on equity of -10% over the last 3 years.
  • Stock is trading at 4.5 times its book value.
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