---
title: "Walpar Nutritions Ltd (WALPAR) — Share Price, Financials & Analysis"
symbol: "WALPAR"
company: "Walpar Nutritions Ltd"
canonical: "https://tapetide.com/stocks/WALPAR"
isin: "INE0G2G01015"
nse_symbol: "WALPAR"
sector: "Healthcare"
industry: "Pharmaceuticals & Biotechnology"
market_cap_cr: 21.03
generated_at: "2026-09-13T19:22:00.124Z"
---

# Walpar Nutritions Ltd (WALPAR)

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

## Company

- **NSE Symbol:** WALPAR
- **ISIN:** INE0G2G01015
- **Sector:** Healthcare
- **Industry:** Pharmaceuticals & Biotechnology
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2021-07-13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** walparnutritions.com

## About

Incorporated in 2009, Walpar Nutrition Ltd develops and manufactures various pharmaceutical products.[1]

## Latest Price

- **Price:** ₹22.4
- **Change:** -0.6 (-2.61%)
- **Open:** ₹22.4
- **Day High:** ₹22.4
- **Day Low:** ₹22.4
- **Previous Close:** ₹23
- **Volume:** 2000
- **As Of:** 2026-09-11T04:05:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:34:52.731655Z.

- **Market Cap:** ₹21.03 Cr
- **Classification:** SME
- **P/E (reported):** 7.2
- **EPS (reported):** ₹1.63
- **Book Value:** ₹20.13
- **Price to Book:** 1.14
- **Dividend Yield:** 0%
- **ROE:** 14.48%
- **ROCE:** 15.78%
- **Debt to Equity:** 0.89
- **Revenue (yearly):** ₹79 Cr
- **Net Income:** ₹3.2 Cr
- **EBITDA:** ₹6.9 Cr
- **52-Week High:** ₹50.6
- **52-Week Low:** ₹21.25
- **RSI (14):** 28.76

## Key Insights

### Strengths

- Stock is trading at 1.11 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 13.7% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -54.93% | -65.79% | 269.44% |
| ebitda margin growth | 5.29% | 10.48% | 122.08% |
| net income growth | 14.29% | 61% | 75% |
| revenue growth | 9.72% | 31% | 67% |
| roce | -13.58% | 2.33% | 12.89% |
| roe | -0.28% | 13.62% | 413.48% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 13.98 | 13.98 | 12.78 | 16.52 | 18.62 | 31.14 | 31.38 | 32.53 | 39.24 | 36.49 | 42.3 |
| Expenses | 13.47 | 13.47 | 12.27 | 15.52 | 16.12 | 29.15 | 28.62 | 29.89 | 36.16 | 33.55 | 38.58 |
| Operating Profit | 0.51 | 0.51 | 0.51 | 1 | 2.5 | 1.99 | 2.76 | 2.64 | 3.08 | 2.94 | 3.72 |
| OPM % | 3.65 | 3.65 | 3.99 | 6.05 | 13.43 | 6.39 | 8.8 | 8.12 | 7.85 | 8.06 | 8.79 |
| Other Income | 0.04 | 0.04 | -0.02 | 0.05 | 0.27 | 0.06 | 0.16 | 0.31 | -0.04 | 0.13 | 0.13 |
| Interest | 0.25 | 0.25 | 0.24 | 0.44 | 0.36 | 0.33 | 0.34 | 0.26 | 0.03 | 0.3 | 0.5 |
| Depreciation | 0.13 | 0.13 | 0.15 | 0.84 | 1.07 | 0.92 | 0.89 | 0.88 | 0.94 | 1 | 1.02 |
| Profit before tax | 0.17 | 0.17 | 0.1 | -0.23 | 1.34 | 0.8 | 1.69 | 1.81 | 2.07 | 1.77 | 2.33 |
| Tax % | 29.41 | 29.41 | -130 | 39.13 | 15.67 | 20 | 23.08 | 22.1 | 32.85 | 15.25 | 27.04 |
| Net Profit | 0.12 | 0.12 | 0.24 | -0.33 | 1.14 | 0.65 | 1.29 | 1.41 | 1.39 | 1.5 | 1.5 |
| EPS in Rs | 0.19 | 0.14 | 0.27 | -0.42 | 1.07 | 0.43 | 1.26 | 1.37 | 1.11 | 1.37 | 1.26 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 6.07 | 26.76 | 35.14 | 62.52 | 71.76 | 78.77 |
| Expenses | 5.61 | 25.74 | 31.65 | 57.77 | 66.04 | 72.11 |
| Operating Profit | 0.46 | 1.02 | 3.49 | 4.75 | 5.72 | 6.66 |
| OPM % | 7.58 | 3.81 | 9.93 | 7.6 | 7.97 | 8.45 |
| Other Income | 0 | 0.02 | 0.32 | 0.22 | 0.27 | 0.26 |
| Interest | 0.18 | 0.48 | 0.79 | 0.67 | 0.29 | 0.8 |
| Depreciation | 0.12 | 0.28 | 1.91 | 1.81 | 1.82 | 2.02 |
| Profit before tax | 0.16 | 0.28 | 1.11 | 2.49 | 3.88 | 4.1 |
| Tax % | 6.25 | -32.14 | 27.03 | 22.09 | 27.84 | 21.71 |
| Net Profit | 0.15 | 0.36 | 0.81 | 1.94 | 2.79 | 3 |
| EPS in Rs | 0.22 | 0.42 | 0.65 | 1.68 | 2.47 | 2.63 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 3.34 | 4.54 | 4.54 | 4.7 | 9.39 | 9.39 |
| Reserves | 1.44 | 6.45 | 7.17 | 9.49 | 7.17 | 9.51 |
| Borrowings | 7.49 | 7.25 | 10.3 | 8.3 | 7.85 | 16.77 |
| Other Liabilities | 5.73 | 9.85 | 12.29 | 14.67 | 22.98 | 30.4 |
| Total Liabilities | 18 | 28.09 | 34.3 | 37.16 | 47.39 | 66.07 |
| Fixed Assets | 1.7 | 2.01 | 10.13 | 10.2 | 10.65 | 12.21 |
| CWIP | 1.22 | 4.48 | 0.02 | 0.02 | 0.03 | 0.05 |
| Investments | 0 | 0.49 | 0.02 | 1.88 | 1.88 | 2.88 |
| Other Assets | 15.08 | 21.11 | 24.13 | 25.06 | 34.83 | 50.93 |
| Total Assets | 18 | 28.09 | 34.3 | 37.16 | 47.39 | 66.07 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.31 | -1.08 | 1.1 | 5.35 | 4.06 | 1.83 |
| Cash from Investing Activity | -2.02 | -6.14 | -3.44 | -3.61 | -2.3 | -6.57 |
| Cash from Financing Activity | 2.95 | 6.71 | 2.42 | -1.77 | -0.68 | 8.08 |
| Net Cash Flow | 0.62 | -0.51 | 0.07 | -0.03 | 1.08 | 3.34 |
| Free Cash Flow | -2.17 | -4.92 | -4.14 | 3.48 | 1.78 | -1.76 |
| CFO/OP | -67 | -99 | 34 | 116 | 82 | 41 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 430.54 | 124.26 | 129.63 | 78.46 | 107.73 | 108.66 |
| Inventory Days | 369.26 | 103.22 | 128.73 | 67.15 | 67.85 | 93.74 |
| Days Payable | 455.4 | 135.07 | 143.88 | 72.94 | 108.5 | 136.31 |
| Cash Conversion Cycle | 344.41 | 92.41 | 114.48 | 72.67 | 67.07 | 66.09 |
| Working Capital Days | 316.29 | 61.65 | 87.87 | 43.55 | 42.17 | 40.68 |
| ROCE % | — | 4.85 | 8.78 | 12.75 | 16.08 | 14.84 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 71.02% | 71.02% | 70.58% | 70.54% | 71.46% | 71.23% | 68.44% | 68.52% | 68.61% | 68.82% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 27.88% | 27.17% | 23.4% | 22.81% | 21.34% | 20.98% | 22.7% | 22.58% | 23.39% | 23.22% |
| Others | 1.1% | 1.81% | 6.02% | 6.65% | 7.2% | 7.8% | 8.86% | 8.9% | 8.01% | 7.97% |
| No. of Shareholders | 496 | 460 | 291 | 270 | 233 | 226 | 335 | 333 | 345 | 327 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 6 / 1 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 24.82 | Sell |
| EMA (10) | 24.9 | Sell |
| SMA (20) | 28.74 | Sell |
| EMA (20) | 26.94 | Sell |
| SMA (50) | 29.87 | Sell |
| EMA (50) | 30.19 | Sell |
| SMA (100) | 35.64 | Sell |
| EMA (100) | 34.04 | Sell |
| SMA (200) | 40.74 | Sell |
| EMA (200) | 39.11 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 28.17 | Buy |
| MACD (12,26,9) | -2.31 | Sell |
| Stochastic (14,3,3) | 1.34 | Buy |
| ADX (14) | 26.19 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 1.22 | High Volatility |
| ROC (12) | -25.21 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 25.42 | Buy |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Jul - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026; no physical shares received for dematerialization. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 Jul - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026; no physical shares received for dematerialization.](https://nsearchives.nseindia.com/corporate/WALPAR_09072026180250_Regulation-74_5__Walpar.pdf) |
| 9 January 2026 - Submitted SDD compliance certificates for quarter ended 31 Dec 2025; one event captured; no non-compliance. | [Structural Digital Database 9 January 2026 - Submitted SDD compliance certificates for quarter ended 31 Dec 2025; one event captured; no non-compliance.](https://nsearchives.nseindia.com/corporate/WALPAR_09012026180931_SDD_Walpar.pdf) |
| 8 Jul - Company denies any price-sensitive event after NSE sought clarification on recent share price movement. | [General Updates 8 Jul - Company denies any price-sensitive event after NSE sought clarification on recent share price movement.](https://nsearchives.nseindia.com/corporate/WALPAR_08072026185653_Clarification_Price_Movement.pdf) |
| 8 April 2026 - Submitted SDD compliance certificate for quarter ended 31 March 2026; no non-compliance observed. | [Structural Digital Database 8 April 2026 - Submitted SDD compliance certificate for quarter ended 31 March 2026; no non-compliance observed.](https://nsearchives.nseindia.com/corporate/WALPAR_08042026182043_SDD_Walpar_Quarter_.pdf) |
| 8 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no physical shares received for dematerialization. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 8 April 2026 - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; no physical shares received for dematerialization.](https://nsearchives.nseindia.com/corporate/WALPAR_08042026182524_74_5__Walpar.pdf) |
| 8 April 2026 - Submitted FY2025-26 SDD compliance certificate; no non-compliance reported. | [Structural Digital Database 8 April 2026 - Submitted FY2025-26 SDD compliance certificate; no non-compliance reported.](https://nsearchives.nseindia.com/corporate/WALPAR_08042026182226_SDD_NSE.pdf) |
| 6 January 2026 - RTA certifies no physical share certificates received for demat for quarter ended 31-Dec-2025. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 6 January 2026 - RTA certifies no physical share certificates received for demat for quarter ended 31-Dec-2025.](https://nsearchives.nseindia.com/corporate/WALPAR_06012026181122_74_5__Walpar.pdf) |
| 4 May 2026 - Walpar Nutritions corrected XBRL EPS and PAT mismatch for H1 FY2025 results; PDF figures unchanged. | [Reply to Clarification- Financial results 4 May 2026 - Walpar Nutritions corrected XBRL EPS and PAT mismatch for H1 FY2025 results; PDF figures unchanged.](https://nsearchives.nseindia.com/corporate/WALPAR_27042026184509_Clarification_NSE.pdf) |
| 31 Aug - Submitted newspaper ads for 6th AGM; book closure 16-23 Sept 2026, e-voting 20-22 Sept 2026. | [Copy of Newspaper Publication 31 Aug - Submitted newspaper ads for 6th AGM; book closure 16-23 Sept 2026, e-voting 20-22 Sept 2026.](https://nsearchives.nseindia.com/corporate/WALPAR_31082026180358_Newspaper_Walpar_Signed.pdf) |
| 3 July 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written … | [Price movement 3 July 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …](https://www.nseindia.com/companies-listing/corporate-filings-announcements?symbol=WALPAR&tabIndex=sme) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_30824_WALPAR_2025_2026_A_7134839_29082026161746.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28302_WALPAR_2024_2025_A_12120175_03092025174648.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_24363_WALPAR_2023_2024_08072024173424.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23341_WALPAR_2022_2023_04092023122017_09042023130013.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20895_WALPAR_2021_2022_27082022111708_08272022120001.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:22:00.124Z.