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Walchandnagar Industries Limited WALCHANNAG NSEINFRA

Industrials · Engineering & Construction · India
https://walchand.com

Walchandnagar Industries Limited operates as a heavy engineering and project execution company in India and internationally. It operates through Heavy Engineering; Foundry and Machine Shop; and Others segments. The company offers booster motor casings and nozzles for aerospace applications; and design, engineering, manufacture, supply, project management, and supervision services for cement plant equipment and clinker grinding units. It also provides custom made solutions for modernization/retrofitting of existing plants; strategic articles, tactical missiles, and platform-based equipment for the defense sector; high and low speed, heavy-duty planetary, hydel, and heavy-duty marine gear boxes; missiles; and precision instruments and components, including pressure and temperature gauges, pressure transmitters, pressure switches, thermowells, diaphragm seals, and accessories under the TIWIN brand. In addition, the company offers centrifugal machines; equipment for various nuclear power plants; industrial boilers and steam generators; and equipment for onshore production facilities, refineries, and petrochemical and fertilizer plants, as well as undertakes turnkey sugar projects, and installation and integration activities for nuclear power plants. Further, the company manufactures and sells grey and ductile iron castings; offers consulting engineering services in the areas of nuclear and thermal plants, oil and gas, submarines and ships; and design engineering and complex projects execution, special purpose machines, and research and development projects. Walchandnagar Industries Limited was incorporated in 1908 and is based in Pune, India.

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₹253.36
+16.61% 1Y

Market & Price

Market Cap
₹1,720.57 Cr
Current Price
₹253.36
High / Low (52W)
₹265.80 / ₹131.65
Beta
1.26

Valuation

Stock P/E
-
Industry PE
27.78
Forward P/E
-
PEG Ratio
-
Book Value
₹51.50
Price to Book
4.92
P/S
6.25
EV/EBITDA
130.10
Dividend Yield
-

Profitability & Returns

ROCE
5.40%
ROE
-4.01%
ROA
0.24%
Profit Margin
-5.33%
Op Margin
1.48%
EPS (Latest Qtr)
₹0.43
EPS (TTM)
₹-2.18

Balance Sheet & Liquidity

Debt/Equity
0.61
Quick Ratio
0.64
Current Ratio
1.14
Debt
₹218.90 Cr
Total Assets
₹881.42 Cr
Current Assets
₹476.78 Cr
Working Capital
₹35.69 Cr

Ownership

Promoter Holding
40.67%
Chg in Prom Hold
-
FII / Inst Holding
0.23%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹1,876.08 Cr
Total Revenue (TTM)
₹275.19 Cr
EBITDA
₹14.42 Cr
Free Cash Flow
₹-10.36 Cr
Operating Cash Flow
₹-11.08 Cr
Shares Outstanding
₹6.78 Cr
Gross Margin
48.10%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-4.84%
Profit 5Y
-58.32%
Revenue (YoY)
75.30%
Earnings (YoY)
-

PROS

  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

  • Revenue declined at -4.8% CAGR over 5 years.
  • Earnings shrank at -58.3% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 WALCHANNAG Walchandnagar Industries Limited NSEINFRA 253.36 - ₹1,720.57 Cr - 5.40% -4.01% -4.84% -58.32%
2 LT Larsen & Toubro Limited NIFTY50NSEAIINFRA 4,076.50 34.84 ₹5.61 L Cr 0.93% 14.55% 16.95% 16.09% 15.38%
3 ADANIPORTS Adani Ports and Special Economic Zone Limited NIFTY50NSEINFRA 1,804.60 30.96 ₹4.16 L Cr 0.42% 11.02% 15.59% 22.93% 34.11%
4 HAL Hindustan Aeronautics Limited NSEAIDEFENCEINFRAPSU 4,303.80 31.55 ₹2.88 L Cr 1.16% 13.80% 23.98% 7.87% 16.08%
5 POWERINDIA Hitachi Energy India Limited NIFTY_MIDNSEINFRA 38,445.00 172.41 ₹1.71 L Cr 0.02% 24.92% 21.04% 22.24% 119.12%
6 INDIGO InterGlobe Aviation Limited NSEINFRA 4,405.00 - ₹1.70 L Cr 0.24% 15.53% - 44.12% 72.60%
7 CUMMINSIND Cummins India Limited NSEINFRA 5,881.00 68.97 ₹1.63 L Cr 1.12% 34.95% 29.45% 16.07% 24.35%
8 CGPOWER CG Power and Industrial Solutions Limited NSEINFRA 917.45 118.99 ₹1.44 L Cr 0.14% 19.35% 19.56% 21.67% 7.81%
9 POLYCAB Polycab India Limited NIFTY_MIDNSEAIINFRA 9,477.50 53.48 ₹1.43 L Cr 0.37% 30.44% 24.58% 26.57% 28.11%
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Quarterly Results

Figures in INR.

Metric Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -59.07 Cr53.08 Cr49.43 Cr51.78 Cr80.95 Cr93.02 Cr
Cost of Revenue -34.48 Cr24.80 Cr26.14 Cr28.54 Cr36.29 Cr51.85 Cr
Gross Profit -24.59 Cr28.28 Cr23.29 Cr23.24 Cr44.66 Cr41.17 Cr
Operating Expenses -32.95 Cr78.07 Cr28.34 Cr29.05 Cr32.16 Cr39.79 Cr
Operating Income --8.36 Cr-49.79 Cr-5.05 Cr-5.81 Cr12.50 Cr1.38 Cr
EBITDA --2.36 Cr-44.18 Cr2.16 Cr61.00 L17.00 Cr15.02 Cr
Interest Expense -12.09 Cr9.25 Cr9.86 Cr9.75 Cr9.54 Cr9.31 Cr
Pretax Income --17.13 Cr-56.12 Cr-10.39 Cr-11.90 Cr4.66 Cr2.94 Cr
Tax Provision -000000
Net Income --17.13 Cr-56.12 Cr-10.39 Cr-11.90 Cr4.66 Cr2.94 Cr
Diluted EPS -1.99-3.09-8.32-1.54-1.760.680.43

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -319.36 Cr299.10 Cr259.18 Cr275.19 Cr
Cost of Revenue -205.60 Cr169.48 Cr159.72 Cr142.82 Cr
Gross Profit -113.76 Cr129.62 Cr99.46 Cr132.37 Cr
Operating Expenses -166.43 Cr113.29 Cr181.38 Cr128.98 Cr
Operating Income --52.67 Cr16.33 Cr-81.92 Cr3.39 Cr
EBITDA -79.59 Cr10.01 Cr-31.50 Cr34.80 Cr
Interest Expense -41.33 Cr37.04 Cr43.89 Cr38.45 Cr
Pretax Income -19.58 Cr-41.83 Cr-86.03 Cr-14.68 Cr
Tax Provision -0000
Net Income -19.58 Cr-41.83 Cr-86.03 Cr-14.68 Cr
Diluted EPS -10.004.26-9.04-14.73-

Compounded Sales Growth

5 Years:-4.84%
1 Year:75.30%

Compounded Profit Growth

5 Years:-58.32%
1 Year:-

Stock Price Performance

1 Year:+16.61%
6 Months:+62.50%
3 Months:+49.67%
1 Month:+7.80%

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -828.13 Cr875.54 Cr872.10 Cr881.42 Cr
Current Assets -488.98 Cr547.91 Cr470.17 Cr476.78 Cr
Cash & Equivalents -1.78 Cr55.74 Cr54.96 Cr20.09 Cr
Inventory -131.71 Cr138.84 Cr123.64 Cr137.72 Cr
Receivables -185.40 Cr153.05 Cr69.95 Cr86.21 Cr
Total Liabilities -567.48 Cr514.24 Cr499.19 Cr522.63 Cr
Current Liabilities -437.47 Cr436.82 Cr386.55 Cr441.09 Cr
Long Term Debt -49.94 Cr051.44 Cr33.38 Cr
Total Debt -292.88 Cr240.54 Cr193.50 Cr218.90 Cr
Total Equity -260.65 Cr361.30 Cr372.91 Cr358.79 Cr
Shares Outstanding -4.60 Cr5.54 Cr6.75 Cr6.78 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -76.13 Cr10.75 Cr15.62 Cr-11.08 Cr
Investing Cash Flow -8.08 Cr3.93 Cr-15.47 Cr-14.03 Cr
Financing Cash Flow --85.37 Cr39.27 Cr-93.00 L-9.79 Cr
Capital Expenditure --1.57 Cr-1.72 Cr-34.65 Cr-25.11 Cr
Free Cash Flow -74.56 Cr9.03 Cr-19.03 Cr-36.19 Cr
Net Change in Cash --1.16 Cr53.95 Cr-78.00 L-34.90 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -35.6%43.3%38.4%48.1%
Operating Margin % --16.5%5.5%-31.6%1.2%
Net Margin % -6.1%-14.0%-33.2%-5.3%
ROE % -7.5%-11.6%-23.1%-4.1%
ROCE % --13.5%3.7%-16.9%0.8%

Shareholding Pattern

Insiders
40.67%
Institutions
0.23%
Public Float
0.38%

Analyst View

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