Walchandnagar Industries Limited

Walchandnagar Industries Limited

WALCHANNAG.BO
Walchandnagar Industries LimitedIN flagBombay Stock Exchange
240.70
INR
+1.55
- -
16.33BMarket Cap
Walchandnagar Industries Limited
WALCHANNAG.BO
(Bombay Stock Exchange)

Recent

price

240.70

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
251.55
231.54
190.84
167.65
146.07
210.7
104.44
104.57
95.63
78.29
84.75
77.69
69.58
64.62
44.38
40.68
40.62
Revenue per Share
3.36
3.19
-10.06
-3.25
-15.79
-18.83
-20.87
-6.78
-0.56
-17.19
-15.04
-10
4.27
-9.04
-14.73
-2.17
-2.17
Basic EPS, GAAP
-18.06
-8.42
-11.34
-11.22
- -
-2.57
15.52
11.1
35.1
11.42
16.95
6.64
16.25
1.95
-3.26
-5.35
- -
Free Cash Flow per Basic Share
1.15
1.15
1.15
0.47
- -
0.49
0.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
106.9
35.64
25.12
21.39
2
88.41
67.34
60.69
60.18
42.98
27.95
18.35
19.83
10.54
-6.15
2.01
2
Book Value per Share
104.92
103.92
184.4
175.31
153.23
116.14
95.27
88.57
87.81
70.42
55.39
46.28
56.65
77.91
63.75
52.97
52.9
Tangible Book Value per Share
38
38
38
38
38
38
38
38
38
38
38
38
46
46
58
68
68
Basic Weighted Avg Shares
9,577
8,815
7,265
6,382
5,560
8,021
3,979
3,984
3,640
2,980
3,226
2,958
3,194
2,991
2,592
2,752
2,752
Sales/Revenue/Turnover
4.77
5.47
-3.69
0.48
-0.29
3.92
3.47
10.71
24.67
19.99
14.52
2.01
-16.49
5.46
-31.61
1.23
1.1
Operating Margin (%)
159
180
182
195
230
338
357
335
270
237
236
229
187
148
106
100
110
Depreciation Expense
128
121
-383
-124
-601
-717
-795
-258
-21
-655
-572
-381
196
-418
-860
-147
-147
Net Income, GAAP
24.52
28.28
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
1.34
1.38
-5.27
-1.94
-10.81
-8.94
-19.98
-6.48
-0.59
-21.96
-17.74
-12.87
6.13
-13.99
-33.19
-5.33
-5.34
Profit Margin (%)
3,602
2,292
793
1,549
590
1,230
413
2,023
993
817
355
740
515
1,111
836
357
357
Working Capital
371
213
1
751
600
1,105
526
2,485
2,022
1,591
1,054
1,700
499
- -
514
334
334
LT Debt
4,070
4,011
7,064
6,703
5,855
4,442
3,644
3,390
3,353
2,691
2,117
1,770
2,606
3,613
3,729
3,588
3,588
Total Equity
6.51
6.11
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-9.31
- -
- -
- -
- -
Return on Invested Capital (%)
2.42
2.8
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
13.51
- -
- -
- -
41.75
Return on Capital (%)
3.13
4.47
-33.1
-13.97
-134.98
-41.65
-26.81
-10.59
-0.93
-33.34
-42.4
-43.2
24.34
-59.83
-276.27
- -
-774.86
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,512
- -
1,855
LT Borrowings
429
- -
334
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
68
- -
68
Market Capitalization
12,157
12,774
8,909

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,687
- -
4,768
Cash, Cash Equivalents & STI
2,153
- -
1,956
Accounts Receivable, Net
689
- -
862
Inventories
1,208
- -
1,377
Total Current Liabilities
4,077
- -
4,411
Payables & Accruals
- -
- -
- -
ST Debt
1,512
- -
1,855
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.18%
13.78%
-3.79%
Free Cash Flow
-71.09%
-34.83%
90.17%
Net Income, GAAP
232.22%
-95.17%
-82.94%
Sales/Revenue/Turnover
-8.26%
-2.77%
6.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
672
879
559
881
2,991
2025
792
679
591
531
2,592
2026
494
518
810
930
2,752

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-2.48
-1.77
-4.05
- -
-9.04
2025
-0.31
-1.99
-3.09
-8.32
-14.73
2026
-1.54
-1.76
0.69
0.43
-2.17

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Walchandnagar Industries Limited is a diversified heavy engineering company headquartered in Pune, India, founded in 1908. It operates primarily in strategic sectors including defense, nuclear, aerospace, and industrial products. The company manufactures a broad range of products including heavy duty gears, gearboxes for sugar, cement, steel, paper, hydel, fertilizer, petrochemical industries and power sectors; centrifugal equipment; boilers; mineral processing equipment; packaging machinery; and special and general engineering equipment. Walchandnagar also produces defense equipment such as propulsion gearboxes for naval ships and components for missile programs, including the Crew Escape System for ISRO's human spaceflight program and key sub-assemblies for Astra missiles. Additionally, the company manufactures ultrasonic wind tunnel equipment for ISRO and machinery for sugar and cement plants. Recently, Walchandnagar Industries has made strategic moves to expand its defense sector presence by acquiring approximately 60.3% stake in Aicitta Intelligent Technology Private Limited, a defense startup specializing in unmanned systems and autonomous military technologies. This acquisition, valued up to ₹16 crore and executed in tranches over 31 months, signals a strategic diversification aimed at enhancing its defense technology offerings and leveraging synergies with Aicitta’s expertise. The company also continues to focus on operational improvements, with recent updates indicating resolutions of production disruptions and steady financial performance. Walchandnagar Industries serves a global client base, including government and industrial sectors, across India and international markets. Its key business segments encompass hi-tech manufacturing, project execution, engineering services, and fabrication. The company's long-standing legacy and diversified product portfolio position it as a prominent player in heavy engineering and strategic technology sectors. The management team recently saw the re-appointment of Mr. Giriraj Sharan Agrawal as Whole Time Director, indicating continuity in leadership. The company's ongoing innovation and strategic acquisitions reflect its commitment to growth and technological leadership in heavy engineering and defense manufacturing.