W.S. Industries (India) Limited

W.S. Industries (India) Limited

WSI.NS
W.S. Industries (India) LimitedIN flagNational Stock Exchange of India
62.61
INR
-1.51
- -
4.13BMarket Cap
W.S. Industries (India) Limited
WSI.NS
(National Stock Exchange of India)

Recent

price

62.61

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
104.67
121.5
108.36
- -
55.93
3.35
0.65
1.02
0.12
0.08
- -
- -
25.08
70.97
41.88
- -
13.86
Revenue per Share
-5.87
-19.56
-30.58
- -
-48.47
-21.79
-1.97
14.52
-85.86
-23.54
-3.59
-22.62
6.19
10.23
-3.08
- -
0.39
Basic EPS, GAAP
-19.22
-8.33
-13.44
- -
14.07
-3.4
2.87
-6.64
-58.56
-4.77
-6.1
-6.18
-33.16
-3.06
-15.9
- -
- -
Free Cash Flow per Basic Share
1.41
0.4
0.51
- -
- -
- -
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
16.03
16.03
16.03
- -
-74.27
-126.69
-105.99
-87.28
-157.46
-181.73
-204.59
-204.4
-158.05
-97.27
-78.95
- -
11.5
Book Value per Share
52.52
33.19
67.1
- -
-14.12
-67.07
-81.58
-63.62
-30.82
-32.95
-40.03
-8.82
20.47
29.97
34.76
- -
59.78
Tangible Book Value per Share
21
21
21
- -
21
21
21
22
26
26
23
26
32
46
57
- -
66
Basic Weighted Avg Shares
2,213
2,568
2,291
- -
1,182
71
14
23
3
2
- -
- -
796
3,255
2,390
915
915
Sales/Revenue/Turnover
0.36
-108.36
-20.23
- -
-42.39
-410.38
-1,916.45
-238.73
-3,144.79
-2,452.88
- -
- -
0.67
12.49
3.68
7.99
7.99
Operating Margin (%)
78
96
100
- -
100
116
92
92
92
42
- -
- -
2
7
20
18
18
Depreciation Expense
-117
-403
-634
- -
-1,013
-448
-29
320
-2,242
-608
-84
-594
196
469
-176
26
26
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
481.72
24.32
43.43
Effective Tax Rate (%)
-5.29
-15.68
-27.69
- -
-85.65
-633.45
-212.01
1,417.79
-68,777.3
-29,212.98
- -
- -
24.68
14.42
-7.35
2.84
2.84
Profit Margin (%)
823
192
-513
-513
-1,324
-2,797
-3,220
-2,793
-1,168
-1,266
-1,416
-326
-369
251
699
1,628
1,628
Working Capital
1,347
963
1,051
1,051
953
221
- -
- -
4,068
- -
- -
355
355
498
612
520
520
LT Debt
1,110
702
1,418
1,418
-299
-1,418
-1,725
-1,400
-805
-851
-934
-232
650
1,374
1,984
3,947
3,947
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.59
- -
-13.83
1.49
1.09
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-4.69
- -
13.18
-8.78
5.35
Return on Capital (%)
-38.61
-122
-190.75
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
3.72
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
286
- -
165
LT Borrowings
589
- -
499
LT Finance Leases
25
- -
21
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
64
- -
76
Market Capitalization
4,550
5,357
4,204

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
1,422
- -
2,412
Cash, Cash Equivalents & STI
397
- -
1,289
Accounts Receivable, Net
378
- -
584
Inventories
64
- -
20
Total Current Liabilities
1,234
- -
784
Payables & Accruals
- -
- -
- -
ST Debt
286
- -
165
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-22.5%
-40.17%
98.95%
Free Cash Flow
137.22%
205.35%
4.06%
Net Income, GAAP
-188.84%
72.57%
-114.79%
Sales/Revenue/Turnover
- -
- -
-61.72%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
458
810
1,104
882
3,255
2025
717
621
656
397
2,390
2026
260
240
206
208
915

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.05
2.53
2.95
- -
10.23
2025
0.67
0.64
-4.04
-0.34
-3.08
2026
0.19
0.06
-0.34
0.39
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
W.S. Industries (India) Limited manufactures and sells porcelain insulators for electrical high voltage transmission, substation, and distribution applications; offers suspension insulators including normal, anti-fog, aerodynamic, and super fog types for HV and UHVDC applications; provides longrod insulators for light, medium, and heavy pollution categories; produces solid core, hollow, and pin insulators; and supplies re-distributed products such as transmission line hardware, galvanized distribution materials including cross-arms, spindles, earth rods, dropout fuses, fiber glass stay insulators, and grading rings for solidcore insulators. The company also undertakes turnkey projects encompassing design, supply, installation, testing, and commissioning of substations, transmission lines up to 220 kV, and network quality regulation projects, with participation in rural electrification initiatives under India's "Power for All" scheme. Incorporated in 1961 and headquartered in Chennai, India, W.S. Industries operates manufacturing facilities in Chennai and Visakhapatnam with a combined capacity of 28,000 CMT per annum, serving utilities, global OEMs, and EPC companies in approximately 45 countries. In recent developments, the company's wholly owned subsidiary WSI-P&C Verticals Private Limited entered a binding agreement on March 11, 2025, with Arni Associates; acquired land worth Rs. 54.65 crores from Kotak Alternate Asset Managers Limited to develop an integrated logistics park and light engineering facility; and secured an order valued at Rs. 86.26 crores from CMK Projects Private Limited on December 31, 2024, for additional and balance works at the Integrated Bus Terminal and Multi-Utility Facility Centre in Panjappur, Tiruchirappalli City Corporation, Tamil Nadu. W.S. Industries has partnered with Prestige Group in a joint venture and plans a modern logistics park on a 254-acre site at Sunguvar Chathram, Kancheepuram District, Tamil Nadu, alongside an integrated township in the Chennai industrial corridor. The company underwent a management change in June 2022 with a new promoter group and updated its CIN to L42909TN1961PLC004568 effective October 3, 2025, reflecting a strategic shift toward infrastructure development and EPC projects.