Walchandnagar Industries Ltd
WALCHANNAG NSE
Walchandnagar Industries Ltd
Capital GoodsNSE: WALCHANNAG BSE: 507410 Industrial Products
Key Fundamentals
MicrocapIndustrial ProductsCapital GoodsMarket Cap
₹1,573 Cr
Volatility
Moderate
P/E Ratio
-107.2
EBITDA
₹34.10 Cr
Return on Equity
-4.09%
Debt to Equity
0.61
Book Value
₹51.96
52W High
₹315.8
52W Low
₹131.15
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Walchandnagar Industries Ltd insights
36 extracted metrics + investor summaries across FY16–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
9- Stock is trading at 4.36 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -3.31% over past five years.
- Promoter holding is low: 31.6%
- Company has a low return on equity of -15.0% over last 3 years.
- Promoters have pledged 49.2% of their holding.
- Earnings include an other income of Rs.21.6 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -3.28%
Growth Rate
Revenue Growth
0.51% ↘
Net Income Growth
-82.91% ↘
Cash Flow Change
-170.93% ↘
ROE
-82.27% ↘
ROCE
-162.21% ↘
EBITDA Margin (Avg.)
-195.36% ↘
Quarterly Results
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 112 | 67.19 | 87.92 | 55.86 | 91.38 | 79.17 | 67.86 | 59.07 | 53.08 | 49.43 | 51.78 | 80.95 | 93.02 |
| Expenses | 146 | 69.44 | 82.82 | 63.84 | 86.12 | 91.99 | 73.96 | 64.75 | 100 | 51.8 | 54.81 | 65.65 | 88.87 |
| Operating Profit | -33.96 | -2.25 | 5.1 | -7.98 | 5.26 | -12.82 | -6.1 | -5.68 | -47.1 | -2.37 | -3.03 | 15.3 | 4.15 |
| OPM % | -30.29% | -3.35% | 5.8% | -14.29% | 5.76% | -16.19% | -8.99% | -9.62% | -88.73% | -4.79% | -5.85% | 18.9% | 4.46% |
| Other Income | 108 | 7.35 | 3.84 | 6.74 | 4.23 | 24.28 | 9.7 | 3.32 | 2.92 | 4.53 | 3.64 | 1.7 | 10.87 |
| Interest | 13.35 | 12.27 | 12.78 | 13.24 | 11.01 | 10.58 | 11.97 | 12.09 | 9.25 | 9.86 | 9.75 | 9.54 | 9.31 |
| Depreciation | 4.55 | 4.24 | 4.3 | 4.18 | 2.08 | 2.61 | 2.66 | 2.68 | 2.69 | 2.69 | 2.76 | 2.8 | 2.77 |
| PBT | 56.44 | -11.41 | -8.14 | -18.66 | -3.6 | -1.73 | -11.03 | -17.13 | -56.12 | -10.39 | -11.9 | 4.66 | 2.94 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 56.44 | -11.41 | -8.14 | -18.66 | -3.6 | -1.73 | -11.03 | -17.13 | -56.12 | -10.39 | -11.9 | 4.66 | 2.94 |
| EPS in Rs | 12.28 | -2.48 | -1.77 | -4.06 | -0.65 | -0.31 | -1.99 | -3.09 | -8.32 | -1.53 | -1.75 | 0.69 | 0.43 |
Profit & Loss
| Sep 2014 | Mar 2016 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 638 | 802 | 398 | 398 | 364 | 298 | 326 | 299 | 322 | 302 | 259 | 275 |
| Expenses | 623 | 741 | 350 | 323 | 282 | 263 | 305 | 276 | 356 | 301 | 330 | 260 |
| Operating Profit | 16 | 61 | 48 | 76 | 82 | 35 | 20 | 23 | -34 | 1 | -71 | 15 |
| OPM % | 2.4% | 8% | 12% | 19% | 22% | 12% | 6% | 8% | -11% | 0.5% | -27% | 5% |
| Other Income | 32 | -5 | 4 | 9 | 25 | 10 | 25 | 33 | 128 | 21 | 40 | 22 |
| Interest | 49 | 91 | 70 | 77 | 82 | 88 | 79 | 71 | 55 | 50 | 44 | 40 |
| Depreciation | 17 | 34 | 36 | 33 | 27 | 23 | 23 | 22 | 19 | 15 | 11 | 11 |
| PBT | -19 | -69 | -54 | -26 | -2 | -65 | -57 | -38 | 20 | -42 | -86 | -15 |
| Tax % | -33% | 5% | 47% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | -12 | -72 | -80 | -26 | -2 | -65 | -57 | -38 | 20 | -42 | -86 | -15 |
| EPS in Rs | -3.25 | -18.83 | -20.89 | -6.78 | -0.56 | -17.19 | -15.04 | -10 | 4.26 | -7.55 | -12.75 | -2.16 |
| Div. Payout % | -12% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 9 | 11 | 13 | 14 |
| Reserves | 663 | 554 | 357 | 331 | 328 | 261 | 204 | 169 | 251 | 350 | 359 | 345 |
| Borrowings | 350 | 405 | 431 | 434 | 454 | 405 | 411 | 448 | 293 | 241 | 194 | 219 |
| Other Liabilities | 594 | 432 | 414 | 381 | 377 | 372 | 335 | 309 | 275 | 274 | 306 | 304 |
| Total Liabilities | 1,615 | 1,398 | 1,209 | 1,155 | 1,166 | 1,046 | 958 | 934 | 828 | 876 | 872 | 881 |
| Fixed Assets | 617 | 560 | 390 | 364 | 357 | 346 | 333 | 312 | 285 | 272 | 245 | 264 |
| CWIP | 4 | 1 | 1 | 2 | 5 | 9 | 4 | 4 | 2 | 1 | 8 | 17 |
| Investments | 25 | 0 | 5 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 969 | 837 | 813 | 786 | 801 | 692 | 622 | 617 | 541 | 602 | 619 | 600 |
| Total Assets | 1,615 | 1,398 | 1,209 | 1,155 | 1,166 | 1,046 | 958 | 934 | 828 | 876 | 872 | 881 |
Cash Flow
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -38 | 0 | 63 | 50 | 146 | 59 | 71 | 28 | 76 | 11 | 16 | -11 |
| Investing | 31 | 15 | -10 | 3 | -49 | 39 | -8 | 26 | 8 | 4 | -15 | -14 |
| Financing | 41 | -37 | -66 | -55 | -78 | -121 | -64 | -54 | -85 | 39 | -1 | -10 |
| Net Cash Flow | 35 | -22 | -14 | -2 | 18 | -24 | 0 | 0 | -1 | 54 | -1 | -35 |
| Free Cash Flow | -39 | -10 | 59 | 43 | 134 | 44 | 67 | 26 | 75 | 9 | -19 | -34 |
| CFO/OP | -99 | 21 | 127 | 61 | 174 | 168 | 331 | 93 | -205 | 742 | -14 | -89 |
Ratios
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 231 | 180 | 330 | 339 | 231 | 243 | 235 | 269 | 210 | 185 | 99 | 114 |
| Inventory Days | 394 | 266 | 410 | 384 | 640 | 1,030 | 378 | 475 | 279 | 380 | 363 | 451 |
| Days Payable | 255 | 94 | 186 | 214 | 311 | 383 | 174 | 234 | 170 | 201 | 186 | 220 |
| Cash Conversion Cycle | 371 | 353 | 554 | 508 | 560 | 891 | 439 | 509 | 319 | 363 | 275 | 346 |
| Working Capital Days | 51 | 33 | 18 | 155 | -22 | 47 | -14 | 34 | -3 | 0 | -36 | -52 |
| ROCE % | 0% | 3% | 2% | 6% | 10% | 4% | 3% | 2% | -5% | 0% | -8% | 4% |
Documents
2
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Walchandnagar Industries confirms it is not a Large Corporate as on March 31, 2026. 30 Apr - Walchandnagar Industries confirms it is not a Large Corporate as on March 31, 2026.
3
Clarification On Movement In Price.
24 Apr - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality. 24 Apr - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality.
4
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
30 Apr - Walchandnagar Industries confirms it is not a Large Corporate as on March 31, 2026. 30 Apr - Walchandnagar Industries confirms it is not a Large Corporate as on March 31, 2026.
5
Clarification On Movement In Price.
1d - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality. 1d - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality.
Frequently Asked Questions about Walchandnagar Industries Ltd
What does Walchandnagar Industries Ltd do?
Incorporated in 1908, Walchandnagar
Industries Ltd is in the Heavy engineering
and Foundry & Machine Shop business[1]
Where is Walchandnagar Industries Ltd (WALCHANNAG) listed?
Walchandnagar Industries Ltd is listed on the Indian stock exchanges. It is listed on NSE: WALCHANNAG and BSE: 507410. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Walchandnagar Industries Ltd belong to?
Walchandnagar Industries Ltd operates in the Capital Goods sector within the Industrial Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Walchandnagar Industries Ltd?
Walchandnagar Industries Ltd has a market capitalisation of approximately ₹1572.58 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Walchandnagar Industries Ltd?
The Price-to-Earnings (PE) ratio of Walchandnagar Industries Ltd is -107.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Walchandnagar Industries Ltd?
Over the past 52 weeks, Walchandnagar Industries Ltd has traded between a low of ₹131.15 and a high of ₹315.8. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Walchandnagar Industries Ltd?
Walchandnagar Industries Ltd has a Return on Equity (ROE) of -4.09%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Walchandnagar Industries Ltd on Tapetide?
On Tapetide, you can view Walchandnagar Industries Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1908, Walchandnagar Industries Ltd is in the Heavy engineering and Foundry & Machine Shop business[1]
Website walchand.com
CEO Mr. Chirag Chakor Doshi
Employees 1,249
Listed 1996-09-18
Face Value ₹ 2
Issued Size 6,78,42,060