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Windsor Machines Overview

Windsor Machines Ltd is engaged in the business of manufacturing plastic processing machinery, which incorporates pipe extrusion, blow film extrusion and injection molding machines. The Company's segments encompass Extrusion Machinery Division and Injection Moulding Machinery. Its geographic segments encompass Within India and Outside India. Its injection molding products include Excel series and KL series. Its pipe extrusion line merchandise consist of Agile collection and Rapid 60. Its blown film extrusion lines product is 7 layer blown film ...Read More

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Windsor Machines Key Financials

Market Cap ₹2607 Cr.

Stock P/E -808.4

P/B 3

Current Price ₹285.6

Book Value ₹ 94.8

Face Value 2

52W High ₹409.6

Dividend Yield 0%

52W Low ₹ 200

Windsor Machines Share Price

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Volume
Price

Windsor Machines Quarterly Price

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Windsor Machines Peer Comparison

Windsor Machines 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 89 87 109 81 59 108 121 113 137 136
Other Income 0 1 0 1 0 1 0 0 1 0
Total Income 90 88 109 81 59 109 121 113 137 136
Total Expenditure 81 78 106 80 56 99 110 105 128 132
Operating Profit 9 10 4 2 3 10 11 8 9 4
Interest 3 3 7 2 3 1 2 1 1 1
Depreciation 4 4 4 4 4 4 5 5 5 6
Exceptional Income / Expenses 0 0 0 0 -18 38 0 -12 3 0
Profit Before Tax 2 3 -7 -4 -22 42 4 -9 6 -3
Provision for Tax 1 1 1 -0 15 0 9 1 2 1
Profit After Tax 1 2 -7 -4 -37 42 -4 -11 4 -4
Adjustments 0 0 0 0 11 0 0 -0 -0 -0
Profit After Adjustments 1 2 -7 -4 -26 42 -4 -11 4 -4
Adjusted Earnings Per Share 0.2 0.3 -1.2 -0.6 -4 6.4 -0.5 -1.2 0.5 -0.4

Windsor Machines Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 259 309 354 393 350 283 314 369 376 354 369 507
Other Income 5 6 11 15 20 12 1 3 8 3 5 1
Total Income 264 315 365 408 369 295 315 372 384 357 374 507
Total Expenditure 254 291 323 357 337 278 285 339 348 332 348 475
Operating Profit 10 23 42 51 32 17 30 32 36 25 26 32
Interest 3 3 9 13 13 11 11 11 11 15 9 5
Depreciation 6 5 14 16 14 14 14 14 14 16 18 21
Exceptional Income / Expenses 0 0 0 0 0 -23 0 0 0 0 20 -9
Profit Before Tax 1 15 19 22 5 -32 6 7 11 -6 20 -2
Provision for Tax 3 11 9 10 8 -25 -5 5 6 2 23 13
Profit After Tax -2 3 10 12 -3 -7 11 2 5 -8 -3 -15
Adjustments 0 0 0 -0 -0 0 0 -0 -0 -0 10 0
Profit After Adjustments -2 3 10 12 -3 -7 11 2 4 -8 7 -15
Adjusted Earnings Per Share -0.3 0.5 1.5 1.9 -0.5 -1.1 1.7 0.3 0.6 -1.2 0.8 -1.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 0% 5% 4%
Operating Profit CAGR 4% -7% 9% 10%
PAT CAGR 0% NAN% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -8% 86% 57% 23%
ROE Average -1% -1% 1% 1%
ROCE Average 5% 5% 5% 7%

Windsor Machines Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 50 52 287 299 290 275 286 284 280 267 734
Minority's Interest 0 0 0 0 0 11 11 11 11 11 0
Borrowings 21 15 78 63 48 34 25 11 24 21 7
Other Non-Current Liabilities 4 10 102 104 99 73 68 84 85 103 79
Total Current Liabilities 95 127 148 188 213 203 228 214 211 234 228
Total Liabilities 170 205 615 654 648 596 619 604 611 635 1048
Fixed Assets 40 38 363 351 347 345 332 320 311 323 652
Other Non-Current Assets 3 16 38 50 52 110 118 117 120 120 26
Total Current Assets 126 150 214 254 249 141 169 168 180 192 370
Total Assets 170 205 615 654 648 596 619 604 611 635 1048

Windsor Machines Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 15 2 5 5 8 14 9 19 10 7 3
Cash Flow from Operating Activities -16 14 19 23 38 24 37 27 12 46 -41
Cash Flow from Investing Activities -18 -3 -80 -2 0 8 -10 1 -7 -29 -295
Cash Flow from Financing Activities 21 -8 61 -17 -32 -38 -17 -37 -8 -22 426
Net Cash Inflow / Outflow -13 3 0 3 6 -5 10 -9 -2 -5 89
Closing Cash & Cash Equivalent 2 5 5 8 14 9 19 10 7 3 92

Windsor Machines Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0.33 0.5 1.53 1.86 -0.47 -1.13 1.68 0.29 0.65 -1.24 0.82
CEPS(Rs) 0.61 1.32 3.68 4.32 1.73 1.05 3.77 2.51 2.86 1.22 1.74
DPS(Rs) 0 0 0.75 1 1 0 1 1 1 0.5 0
Book NAV/Share(Rs) 7.77 8.08 44.18 44.33 42.61 41.93 43.89 43.77 43.17 41.07 76.55
Core EBITDA Margin(%) 1.86 5.23 8.18 9.06 3.61 1.79 9.33 8.05 7.43 6.35 5.66
EBIT Margin(%) 1.46 5.4 7.39 8.92 5.22 -7.34 5.23 4.97 5.82 2.76 7.71
Pre Tax Margin(%) 0.34 4.38 4.98 5.54 1.54 -11.31 1.85 1.93 2.93 -1.59 5.4
PAT Margin (%) -0.77 0.98 2.59 3.03 -0.84 -2.64 3.43 0.6 1.23 -2.18 -0.87
Cash Profit Margin (%) 1.42 2.58 6.25 7.04 3.21 2.41 7.79 4.41 4.93 2.24 4
ROA(%) -1.37 1.75 2.42 1.9 -0.45 -1.2 1.78 0.36 0.76 -1.24 -0.38
ROE(%) -4.21 6.35 5.84 4.2 -1.04 -2.73 3.87 0.78 1.64 -2.82 -0.71
ROCE(%) 5.91 22.5 12.23 9.29 4.9 -6.03 4.98 5.7 6.99 3.16 5.44
Receivable days 29.49 30.75 33.54 40.64 43 31.21 28.73 34.88 42.9 39.53 26.23
Inventory Days 82.12 69.29 60.42 65.4 84.58 102 87.77 77.18 79.65 100.61 125.47
Payable days 90.03 87.63 97.51 116.15 139.33 167.91 152.32 131.76 131.91 163.58 154.69
PER(x) 0 69.39 42.18 51.47 0 0 18.1 135.83 58.7 0 392.43
Price/Book(x) 2.6 4.33 1.46 2.15 1.65 0.2 0.69 0.9 0.88 1.61 4.2
Dividend Yield(%) 0 0 1.17 1.05 1.42 0 3.28 2.53 2.64 0.76 0
EV/Net Sales(x) 0.61 0.81 1.44 1.77 1.47 0.35 0.72 0.74 0.72 1.3 7.13
EV/Core EBITDA(x) 15.74 10.71 12.03 13.5 15.85 5.95 7.47 8.43 7.57 18.17 101.01
Net Sales Growth(%) 2.66 19.19 14.69 10.99 -11.05 -19.01 11.1 17.39 1.92 -5.92 4.17
EBIT Growth(%) -84.23 345.25 56.75 25.82 -48.65 -213.95 179.18 11.52 19.36 -55.39 191.16
PAT Growth(%) -112.55 253.89 202.81 21.98 -124.25 -155.52 244.25 -79.39 108.65 -266.17 58.19
EPS Growth(%) -112.53 254.33 202.46 21.61 -125.14 -142.64 248.86 -82.74 122.25 -292.25 165.88
Debt/Equity(x) 0.59 0.52 0.33 0.29 0.26 0.19 0.16 0.09 0.13 0.13 0.02
Current Ratio(x) 1.33 1.18 1.45 1.35 1.17 0.69 0.74 0.78 0.85 0.82 1.62
Quick Ratio(x) 0.64 0.7 1 0.94 0.77 0.33 0.4 0.42 0.45 0.35 0.99
Interest Cover(x) 1.3 5.27 3.07 2.64 1.42 -1.85 1.55 1.64 2.01 0.63 3.33
Total Debt/Mcap(x) 0.23 0.12 0.23 0.13 0.16 0.95 0.23 0.1 0.15 0.08 0

Windsor Machines Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 58.52 58.52 58.52 53.9 53.91 44.52 44.52 44.52 46.18 46.22
FII 0.11 0.11 0.27 1.12 1.89 1.41 1.23 1.06 1.03 1.63
DII 0.03 0.03 0.03 0.03 0.16 0.35 0.38 0.69 0.84 0.83
Public 41.34 41.34 41.18 44.95 44.04 53.72 53.88 53.74 51.95 51.32
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Windsor Machines News

Windsor Machines Pros & Cons

Pros

  • Debtor days have improved from 163.58 to 154.69days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 46.22%.
  • Company has a low return on equity of -1% over the last 3 years.
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