---
title: "Walchandnagar Industries Ltd (WALCHANNAG) — Share Price, Financials & Analysis"
symbol: "WALCHANNAG"
company: "Walchandnagar Industries Ltd"
canonical: "https://tapetide.com/stocks/WALCHANNAG"
isin: "INE711A01022"
nse_symbol: "WALCHANNAG"
bse_code: "507410"
sector: "Industrials"
industry: "Industrial Manufacturing"
market_cap_cr: 1424.68
generated_at: "2026-09-13T19:41:24.858Z"
---

# Walchandnagar Industries Ltd (WALCHANNAG)

Canonical page: https://tapetide.com/stocks/WALCHANNAG

## Company

- **NSE Symbol:** WALCHANNAG
- **BSE Code:** 507410
- **ISIN:** INE711A01022
- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 1996-09-18
- **CEO:** Mr. Chirag Chakor Doshi
- **Employees:** 1249
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** walchand.com

## About

Incorporated in 1908, Walchandnagar 
Industries Ltd is in the Heavy engineering 
and Foundry & Machine Shop business[1]

## Latest Price

- **Price:** ₹210.1
- **Change:** +1.18 (+0.56%)
- **Open:** ₹207
- **Day High:** ₹214.74
- **Day Low:** ₹203.5
- **Previous Close:** ₹208.92
- **Volume:** 1276691
- **As Of:** 2026-09-11T10:21:35+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:39.511511Z.

- **Market Cap:** ₹1424.68 Cr
- **Classification:** Microcap
- **P/E (reported):** -454.1
- **EPS (TTM):** ₹-0.46
- **Book Value:** ₹51.96
- **Price to Book:** 4.02
- **Dividend Yield:** 0%
- **ROE:** -4.09%
- **ROCE:** 5.4%
- **Debt to Equity:** 0.61
- **Revenue (yearly):** ₹296.3 Cr
- **Net Income:** ₹-14.7 Cr
- **EBITDA:** ₹34.1 Cr
- **52-Week High:** ₹315.8
- **52-Week Low:** ₹131.15
- **RSI (14):** 38.66

## Tapetide Score

- **Score:** 32 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Expensive · Momentum: Flat
- **Percentile:** 3.3 (of 4473 scored stocks)
- **Confidence:** 93%
- **Data coverage:** 86%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 22.83 | 9% |
| growth | 82.02 | 9% |
| momentum | 53.38 | 12% |
| ownership | 50.87 | 24% |
| quality | 18.16 | 22% |
| valuation | 26.36 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is expected to give good quarter

### Weaknesses

- Stock is trading at 3.97 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.23.2 Cr.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -3.28%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -170.93% | -202.97% | -139.08% |
| ebitda margin growth | -4.67% | -195.36% | 67.2% | -30.22% |
| net income growth | -58.62% | -82.91% | 22% | 12% |
| revenue growth | -5.87% | 0.51% | -5% | -3% |
| roce | — | -162.21% | 217.65% | 4.84% |
| roe | — | -82.27% | -12.91% | -80.99% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 87.92 | 55.86 | 91.38 | 79.17 | 67.86 | 59.07 | 53.08 | 49.43 | 51.78 | 80.95 | 93.02 | 90.83 |
| Expenses | 82.82 | 63.84 | 86.12 | 91.99 | 73.96 | 64.75 | 100.18 | 51.8 | 54.81 | 65.65 | 88.87 | 83.49 |
| Operating Profit | 5.1 | -7.98 | 5.26 | -12.82 | -6.1 | -5.68 | -47.1 | -2.37 | -3.03 | 15.3 | 4.15 | 7.34 |
| OPM % | 5.8 | -14.29 | 5.76 | -16.19 | -8.99 | -9.62 | -88.73 | -4.79 | -5.85 | 18.9 | 4.46 | 8.08 |
| Other Income | 3.84 | 6.74 | 4.23 | 24.28 | 9.7 | 3.32 | 2.92 | 4.53 | 3.64 | 1.7 | 10.87 | 6.97 |
| Interest | 12.78 | 13.24 | 11.01 | 10.58 | 11.97 | 12.09 | 9.25 | 9.86 | 9.75 | 9.54 | 9.31 | 10.01 |
| Depreciation | 4.3 | 4.18 | 2.08 | 2.61 | 2.66 | 2.68 | 2.69 | 2.69 | 2.76 | 2.8 | 2.77 | 3.12 |
| Profit before tax | -8.14 | -18.66 | -3.6 | -1.73 | -11.03 | -17.13 | -56.12 | -10.39 | -11.9 | 4.66 | 2.94 | 1.18 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -8.14 | -18.66 | -3.6 | -1.73 | -11.03 | -17.13 | -56.12 | -10.39 | -11.9 | 4.66 | 2.94 | 1.18 |
| EPS in Rs | -1.77 | -4.06 | -0.65 | -0.31 | -1.99 | -3.09 | -8.32 | -1.53 | -1.75 | 0.69 | 0.43 | 0.17 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 398 | 364 | 298 | 326 | 299 | 322 | 302 | 259 | 275 | 317 |
| Expenses | 323 | 282 | 263 | 305 | 276 | 356 | 301 | 330 | 260 | 293 |
| Operating Profit | 76 | 82 | 35 | 20 | 23 | -34 | 1 | -71 | 15 | 24 |
| OPM % | 19 | 22 | 12 | 6 | 8 | -11 | 0.5 | -27 | 5 | 8 |
| Other Income | 9 | 25 | 10 | 25 | 33 | 128 | 21 | 40 | 22 | 23 |
| Interest | 77 | 82 | 88 | 79 | 71 | 55 | 50 | 44 | 40 | 39 |
| Depreciation | 33 | 27 | 23 | 23 | 22 | 19 | 15 | 11 | 11 | 11 |
| Profit before tax | -26 | -2 | -65 | -57 | -38 | 20 | -42 | -86 | -15 | -3 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -26 | -2 | -65 | -57 | -38 | 20 | -42 | -86 | -15 | -3 |
| EPS in Rs | -6.78 | -0.56 | -17.19 | -15.04 | -10 | 4.26 | -7.55 | -12.75 | -2.16 | -0.46 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | 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 | 9 | 11 | 13 | 14 |
| Reserves | 357 | 331 | 328 | 261 | 204 | 169 | 251 | 350 | 359 | 345 |
| Borrowings | 431 | 434 | 454 | 405 | 411 | 448 | 293 | 241 | 194 | 219 |
| Other Liabilities | 414 | 381 | 377 | 372 | 335 | 309 | 275 | 274 | 306 | 304 |
| Total Liabilities | 1209 | 1155 | 1166 | 1046 | 958 | 934 | 828 | 876 | 872 | 881 |
| Fixed Assets | 390 | 364 | 357 | 346 | 333 | 312 | 285 | 272 | 245 | 264 |
| CWIP | 1 | 2 | 5 | 9 | 4 | 4 | 2 | 1 | 8 | 17 |
| Investments | 5 | 3 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 813 | 786 | 801 | 692 | 622 | 617 | 541 | 602 | 619 | 600 |
| Total Assets | 1209 | 1155 | 1166 | 1046 | 958 | 934 | 828 | 876 | 872 | 881 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 63 | 50 | 146 | 59 | 71 | 28 | 76 | 11 | 16 | -11 |
| Cash from Investing Activity | -10 | 3 | -49 | 39 | -8 | 26 | 8 | 4 | -15 | -14 |
| Cash from Financing Activity | -66 | -55 | -78 | -121 | -64 | -54 | -85 | 39 | -1 | -10 |
| Net Cash Flow | -14 | -2 | 18 | -24 | 0 | 0 | -1 | 54 | -1 | -35 |
| Free Cash Flow | 59 | 43 | 134 | 44 | 67 | 26 | 75 | 9 | -19 | -34 |
| CFO/OP | 127 | 61 | 174 | 168 | 331 | 93 | -205 | 742 | -14 | -89 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 330 | 339 | 231 | 243 | 235 | 269 | 210 | 185 | 99 | 114 |
| Inventory Days | 410 | 384 | 640 | 1030 | 378 | 475 | 279 | 380 | 363 | 451 |
| Days Payable | 186 | 214 | 311 | 383 | 174 | 234 | 170 | 201 | 186 | 220 |
| Cash Conversion Cycle | 554 | 508 | 560 | 891 | 439 | 509 | 319 | 363 | 275 | 346 |
| Working Capital Days | 18 | 155 | -22 | 47 | -14 | 34 | -3 | 0 | -36 | -52 |
| ROCE % | 2 | 6 | 10 | 4 | 3 | 2 | -5 | 0 | -8 | 4 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 34.87% | 34.83% | 31.55% | 31.55% | 31.54% | 31.53% | 31.77% | 31.77% | 31.6% | 31.59% | 31.59% | 31.59% |
| FIIs | 0.03% | 0% | 0.28% | 0.35% | 0.31% | 0.52% | 0.64% | 0.36% | 0.38% | 0.46% | 0.47% | 2.38% |
| DIIs | 0.18% | 0.18% | 0.23% | 0.16% | 0.29% | 0.15% | 0.14% | 0.71% | 0.81% | 0.81% | 0.79% | 0.5% |
| Government | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| Public | 52.76% | 52.05% | 48.47% | 49.02% | 49.69% | 50.58% | 44.98% | 46.03% | 45.56% | 46.91% | 49.5% | 49.38% |
| Others | 12.13% | 12.91% | 19.43% | 18.9% | 18.14% | 17.2% | 22.44% | 21.12% | 21.64% | 20.21% | 17.64% | 16.14% |
| No. of Shareholders | 57973 | 55725 | 57542 | 59811 | 73686 | 77386 | 79698 | 80371 | 78880 | 83130 | 87168 | 96793 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 211.9 | Sell |
| EMA (10) | 213.52 | Sell |
| SMA (20) | 217.25 | Sell |
| EMA (20) | 217.47 | Sell |
| SMA (50) | 229.8 | Sell |
| EMA (50) | 226.41 | Sell |
| SMA (100) | 240.3 | Sell |
| EMA (100) | 225.36 | Sell |
| SMA (200) | 204.7 | Buy |
| EMA (200) | 215.57 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.98 | Neutral |
| MACD (12,26,9) | -5.63 | Buy |
| Stochastic (14,3,3) | 23.04 | Neutral |
| ADX (14) | 9.64 | Neutral |
| Williams %R (14) | -75.99 | Neutral |
| ATR (14) | 9.39 | High Volatility |
| ROC (12) | -4.91 | Sell |
| Stoch RSI (14) | 53.58 | Neutral |
| UO (7,14,28) | 41.21 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-08-28 | [Disclosure Under Regulation 30 Of Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations 2015 (Listing Regulations).](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2d3a203b-4794-4112-874c-b4e55a28968f.pdf) |
| 2026-08-20 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=675ad371-e1e6-4d0f-8fdf-b9dbf6c17a87.pdf) |
| 2026-08-13 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f7bb5ee1-d14b-4f1d-b8b8-fc4cd4869ec2.pdf) |
| 2026-08-12 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5c5387a9-fee9-4d76-83d8-2c139b11d9c4.pdf) |
| 2026-08-12 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dc242d1d-82ea-4596-bcc9-25a32a9825a4.pdf) |
| 2026-08-12 | [Shareholder Meeting / Postal Ballot-Scrutinizers Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7b319e97-119a-42dc-b40c-af70bffef73a.pdf) |
| 2026-08-11 | [Board Meeting Outcome for Un-Audited Financial Results For The Quarter Ended On June 30 2026 Along With Limited Review Report As On The Date Issued By Statutory Auditors Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c6d23753-5ed7-4bbf-a5fa-d711166cee62.pdf) |
| 2026-08-11 | [Shareholder Meeting / Postal Ballot-Outcome of AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a189767f-be59-4872-bd45-c052e39f4fec.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Monitoring Agency Report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3023785e-105b-4a36-aeea-310062f734a6.pdf) |
| 2026-08-11 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f6be5dd8-ef44-4c89-8931-f00970ae9521.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-08-11 | [Un-Audited Financial Results For The Quarter Ended On June 30 2026 Along With Limited Review Report As On The Date Issued By Statutory Auditors Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1e778ca8-534d-4836-90a4-6d9ff67b90a6.pdf) |
| 2026-05-20 | [Board Meeting Outcome For Considering Approving The Audited Financial Results And Segment-Wise Financial Result Of The Company For The Quarter And Year Ended On March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=114e0a82-65f0-4bf4-80e8-5d9483de0922.pdf) |
| 2026-01-29 | [Board Meeting Outcome For Considering Approving The Un-Audited Financial Results And Segment-Wise Financial Result Of The Company For The Quarter And Year To Date Ended On December 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ebf31c66-2692-4eda-868b-14f050cfe195.pdf) |
| 2025-11-13 | [Board Meeting Outcome For Considering Approving The Un-Audited Financial Results And Segment-Wise Financial Result Of The Company For The Quarter And Half Year Ended On September 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1a80d9d-0982-4441-9fa7-7bd665f8023a.pdf) |
| 2025-08-14 | [Board Meeting Outcome For Considering Approving The Un-Audited Financial Results And Segment-Wise Financial Result Of The Company For The Quarter Ended On June 30 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6531831e-6514-417a-aa81-16acff1d3517.pdf) |
| 2025-05-22 | [Board Meeting Outcome For Considering Approving The Audited Financial Results And Segment-Wise Financial Result Of The Company For The Quarter And Year Ended On March 31 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0907dfc-35e5-417c-bf1d-537f1cb227d6.pdf) |
| 2025-02-06 | [Board Meeting Outcome For Considering Approving The Un-Audited Financial Results And Segment-Wise Financial Result Of The Company For The Quarter And Nine Months Ended On December 31 2024.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0065790-a50d-42d0-8842-5571b76d5872.pdf) |
| 2024-11-14 | [Financial Results For Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6781875e-08ba-4fe7-8e89-d4d98f8ac4d0.pdf) |
| 2024-08-07 | [Un-Audited (Reviewed) Financial Results For The Quarter Ended On June 30, 2024 Along With Limited Review Report As On The Date Issued By Statutory Auditors Of The Company.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4eefe61c-3584-430a-9914-96e73954c2ef.pdf) |
| 2024-05-28 | [Regulation 33 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97b15676-1bd7-4c77-9a9f-c6f913c6c2b4.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Mar - Settled arbitration with Aicitta; recovering Rs.2,12,41,096 in instalments; last payment by Aug 08, 2026. | [Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015. 5 Mar - Settled arbitration with Aicitta; recovering Rs.2,12,41,096 in instalments; last payment by Aug 08, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/28b0c0db-34da-40bc-a81a-932d253f0c29.pdf) |
| 30 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter and year ended March 31, 2026. | [Closure of Trading Window 30 Mar - Trading window closed April 1, 2026 until 48 hours after audited results for quarter and year ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6c1d6e7a-65f4-4fac-889b-b9a7765b42f9.pdf) |
| 30 Apr - Walchandnagar Industries confirms it is not a Large Corporate as on March 31, 2026. | [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.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7043e4cb-7aa1-45e3-9315-27a41ecded07.pdf) |
| 30 Apr - Walchandnagar Industries confirms it is not a Large Corporate as on March 31, 2026. | [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.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/7043e4cb-7aa1-45e3-9315-27a41ecded07.pdf) |
| 24 Apr - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality. | [Clarification On Movement In Price. 24 Apr - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/41d3eb3b-0bf7-4aac-b5b7-48b960fe40da.pdf) |
| 1d - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality. | [Clarification On Movement In Price. 1d - Walchandnagar clarifies share price movement, citing SHANTI Bill 2025 and India’s first prototype FBR criticality.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/41d3eb3b-0bf7-4aac-b5b7-48b960fe40da.pdf) |
| 14 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the Quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b4a37e07-612a-4759-8ff6-7994887fad27.pdf) |
| 10 Mar - Postal ballot passed: office shift to Pune; Dharwad land sale approved; Chirag C. Doshi re-appointed MD from April 1, 2026. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 10 Mar - Postal ballot passed: office shift to Pune; Dharwad land sale approved; Chirag C. Doshi re-appointed MD from April 1, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/61ddfbea-b83f-446a-8dd5-a0e1ee6c95df.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d70e749-66cf-40f2-a334-262af4c72d6f.pdf) |
| — | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 10 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c59a7529-2a70-426e-878e-574ee53d62d1.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2013 from nse](https://archives.nseindia.com/annual_reports/AR_3088_WALCHANNAG_2012_2013_01012014094522.zip) |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_WALCHANNAG_2011_2012_08012013102230.zip) |
| from bse | [Annual Report 2026 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/eac194de-53b2-4be8-81aa-9cde135e703c.pdf) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/20ff67b9-9668-4ef0-ae04-3aae19b8bf0b.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/04c57804-6e56-4d2b-b3ed-8dd97c1aa3c5.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e0968e6b-eb3f-4c49-8297-3004cc9ff83e.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/507410/77282507410.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/507410/69064507410.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/507410/5074100320.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/507410/5074100319.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3cd97efb-af57-4969-8119-71ff69aba005.pdf) |
| Oct 2024 | [Concall - Oct 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3cd97efb-af57-4969-8119-71ff69aba005.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=95540814-38d3-46f5-b7b9-7185f0d12b9f.pdf) |
| Nov 2018 | [Concall - Nov 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/11/95540814-38d3-46f5-b7b9-7185f0d12b9f.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=379583fd-acfe-4e92-b069-58e8b5505b30.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/379583fd-acfe-4e92-b069-58e8b5505b30.pdf) |
| May 2019 | [Concall - May 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df315c1b-0a80-498d-83f1-37c83f61f6bf.pdf) |
| May 2019 | [Concall - May 2019](https://www.bseindia.com/xml-data/corpfiling/AttachHis/df315c1b-0a80-498d-83f1-37c83f61f6bf.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2640d907-f72c-4def-89ed-87458b612ee8.pdf) |
| Feb 2019 | [Concall - Feb 2019](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8e801385-cb48-4da1-84c7-6cae088ca523.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2025-03-17 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2640d907-f72c-4def-89ed-87458b612ee8.pdf) |

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