W.S. Industries (India) Limited WSI NSEINFRA

Industrials · Engineering & Construction · India

https://www.wsindustries.in

W.S. Industries (India) Limited operates as infrastructure development and electrical project handling company in India and internationally. The company undertakes various infra projects, including hospitals, medical colleges, urban housings, large-scale industrials, electrical substation, transmission, commercial buildings, educational institutions, and roads and bridges; civil infrastructure, such as drainage systems and integrated bus terminal and multi utility facility centers; and turnkey projects comprising design, supply, installation, testing, and commissioning of HV and EHV substations and transmission lines, network quality regulation, eBOP, rural electrifications, R APDRP, renewables, RDSS, and electrical packages. W.S. Industries (India) Limited was incorporated in 1961 and is based in Chennai, India.

Market & Price

Market Cap

₹527.55 Cr

Current Price

₹69.51

High / Low (52W)

₹99.50 / ₹61.33

Beta

0.59

Valuation

Stock P/E

210.64

Industry PE

27.78

Forward P/E

PEG Ratio

Book Value

₹23.43

Price to Book

2.97

P/S

5.77

EV/EBITDA

47.78

Dividend Yield

Profitability & Returns

ROCE

2.55%

ROE

0.75%

ROA

0.96%

Profit Margin

2.84%

Op Margin

15.27%

EPS (Latest Qtr)

₹0.39

EPS (TTM)

₹0.33

Balance Sheet & Liquidity

Debt/Equity

0.17

Quick Ratio

2.13

Current Ratio

3.08

Debt

₹68.52 Cr

Total Assets

₹540.22 Cr

Current Assets

₹241.16 Cr

Working Capital

₹162.79 Cr

Ownership

Promoter Holding

70.20%

Chg in Prom Hold

FII / Inst Holding

0.00%

Chg in FII Hold

Financial Snapshot

Enterprise Value

₹433.88 Cr

Total Revenue (TTM)

₹91.50 Cr

EBITDA

₹9.08 Cr

Free Cash Flow

₹-105.99 Cr

Operating Cash Flow

₹-5.97 Cr

Shares Outstanding

₹7.59 Cr

Gross Margin

20.22%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

4.76%

Profit 5Y

-49.03%

Revenue (YoY)

-47.50%

Earnings (YoY)

PROS

No notable strengths flagged.

CONS

Trading at a high P/E of 210.6.
Earnings shrank at -49.0% CAGR over 5 years.
Trading 30.1% below its 52-week high.
In a downtrend (50-DMA below 200-DMA).

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

Price Chart

NSE TradingView Screener.in

Fundamental Growth

Period: Metric:

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).

#	Name	CMP ₹	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	WSI W.S. Industries (India) Limited NSEINFRA	69.51	210.64	₹527.55 Cr	-	2.55%	0.75%	4.76%	-49.03%
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%

Quarterly Results

Figures in INR.

Metric	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	65.59 Cr	39.67 Cr	26.05 Cr	24.05 Cr	20.57 Cr	20.83 Cr
Cost of Revenue	-	27.67 Cr	14.44 Cr	8.81 Cr	7.95 Cr	12.70 Cr	5.40 Cr
Gross Profit	-	37.92 Cr	25.23 Cr	17.24 Cr	16.10 Cr	7.87 Cr	15.43 Cr
Operating Expenses	-	40.83 Cr	26.15 Cr	14.38 Cr	14.12 Cr	8.58 Cr	12.25 Cr
Operating Income	-	-2.91 Cr	-92.00 L	2.86 Cr	1.98 Cr	-71.00 L	3.18 Cr
EBITDA	-	-94.00 L	71.00 L	4.38 Cr	3.06 Cr	47.00 L	5.63 Cr
Interest Expense	-	2.31 Cr	2.30 Cr	2.16 Cr	2.26 Cr	2.23 Cr	2.15 Cr
Pretax Income	-	-3.81 Cr	-2.14 Cr	1.78 Cr	36.00 L	-2.21 Cr	3.04 Cr
Tax Provision	-	19.87 Cr	-46.00 L	96.00 L	7.00 L	-19.00 L	45.00 L
Net Income	-	-23.63 Cr	-1.53 Cr	1.44 Cr	41.00 L	-1.91 Cr	2.66 Cr
Diluted EPS	0.64	-4.04	-0.34	0.19	0.01	-0.34	0.39

Profit & Loss (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue	-	79.58 Cr	325.50 Cr	239.04 Cr	91.50 Cr
Cost of Revenue	-	70.01 Cr	270.81 Cr	112.96 Cr	34.86 Cr
Gross Profit	-	9.58 Cr	54.69 Cr	126.08 Cr	56.64 Cr
Operating Expenses	-	9.04 Cr	14.05 Cr	117.28 Cr	49.33 Cr
Operating Income	-	53.20 L	40.64 Cr	8.80 Cr	7.31 Cr
EBITDA	-	4.54 Cr	40.89 Cr	14.82 Cr	13.53 Cr
Interest Expense	-	1.14 Cr	3.83 Cr	8.15 Cr	8.80 Cr
Pretax Income	-	3.19 Cr	36.33 Cr	4.65 Cr	2.96 Cr
Tax Provision	-	0	-10.61 Cr	22.40 Cr	72.00 L
Net Income	-	19.64 Cr	46.94 Cr	-17.58 Cr	2.60 Cr
Diluted EPS	-22.98	5.59	9.24	-3.08	-

Compounded Sales Growth

5 Years:	4.76%
1 Year:	-47.50%

Compounded Profit Growth

5 Years:	-49.03%
1 Year:	-

Stock Price Performance

1 Year:	-0.84%
6 Months:	-10.64%
3 Months:	-6.66%
1 Month:	-6.86%

Balance Sheet (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Total Assets	-	239.03 Cr	349.24 Cr	408.75 Cr	540.22 Cr
Current Assets	-	100.68 Cr	167.60 Cr	201.83 Cr	241.16 Cr
Cash & Equivalents	-	1.18 Cr	36.86 Cr	24.93 Cr	27.54 Cr
Inventory	-	3.53 Cr	18.77 Cr	10.84 Cr	2.05 Cr
Receivables	-	84.30 Cr	92.40 Cr	84.10 Cr	58.37 Cr
Total Liabilities	-	174.08 Cr	211.81 Cr	210.37 Cr	145.55 Cr
Current Liabilities	-	137.58 Cr	142.54 Cr	131.90 Cr	78.37 Cr
Long Term Debt	-	35.50 Cr	47.38 Cr	58.91 Cr	49.86 Cr
Total Debt	-	64.25 Cr	73.66 Cr	87.12 Cr	68.52 Cr
Total Equity	-	64.95 Cr	137.43 Cr	198.46 Cr	395.13 Cr
Shares Outstanding	-	4.18 Cr	5.03 Cr	6.34 Cr	7.59 Cr

Cash Flows (Annual)

Figures in INR.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Operating Cash Flow	-	-104.59 Cr	113.24 Cr	-82.59 Cr	-5.97 Cr
Investing Cash Flow	-	21.35 Cr	-127.26 Cr	-13.51 Cr	-159.42 Cr
Financing Cash Flow	-	61.99 Cr	49.70 Cr	84.17 Cr	168.00 Cr
Capital Expenditure	-	-64.10 L	-127.27 Cr	-8.15 Cr	-88.45 Cr
Free Cash Flow	-	-105.23 Cr	-14.03 Cr	-90.74 Cr	-94.42 Cr
Net Change in Cash	-	-21.25 Cr	35.68 Cr	-11.93 Cr	2.61 Cr

Ratios (Annual)

Figures in %.

Metric	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Gross Margin %	-	12.0%	16.8%	52.7%	61.9%
Operating Margin %	-	0.7%	12.5%	3.7%	8.0%
Net Margin %	-	24.7%	14.4%	-7.4%	2.8%
ROE %	-	30.2%	34.2%	-8.9%	0.7%
ROCE %	-	0.5%	19.7%	3.2%	1.6%

Shareholding Pattern

Insiders

70.20%

Institutions

0.00%

Public Float

0.00%

Analyst View

Loading analyst coverage…

Latest News

Recent headlines for WSI

No recent headlines available.

WSI · Industrials