---
title: "Wartsila India Pvt Ltd (WARTSILA) — Share Price, Financials & Analysis"
symbol: "WARTSILA"
company: "Wartsila India Pvt Ltd"
canonical: "https://tapetide.com/stocks/WARTSILA"
generated_at: "2026-10-13T10:59:12.860Z"
---

# Wartsila India Pvt Ltd (WARTSILA)

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

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** wartsila.com

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 82.8%

### Weaknesses

- Company has a low return on equity of 13.6% over last 3 years.
- Earnings include an other income of Rs.16.6 Cr.
- Company has high debtors of 205 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -11% | -5% | 15% |
| revenue growth | -12% | 8% | 16% |

## Financial Statements

### Profit & Loss

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

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 254 | 242 | 239 | 311 | 392 | 487 | 563 | 493 |
| Expenses | 244 | 241 | 244 | 320 | 394 | 445 | 507 | 454 |
| Operating Profit | 10 | 0 | -6 | -10 | -1 | 43 | 56 | 40 |
| OPM % | 3.9 | 0.2 | -2.5 | -3.1 | -0.3 | 9 | 10 | 8 |
| Other Income | 42 | 39 | 48 | 62 | 72 | 23 | 12 | 17 |
| Interest | 4 | 3 | 3 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 7 | 8 | 8 | 7 | 4 | 5 | 5 | 4 |
| Profit before tax | 41 | 27 | 32 | 45 | 65 | 60 | 62 | 52 |
| Tax % | 33 | 35 | 22 | 26 | 25 | 31 | 32 | 27 |
| Net Profit | 27 | 18 | 25 | 33 | 49 | 41 | 42 | 38 |
| Dividend Payout % | 9 | 13 | 12 | 11 | 7 | 72 | 84 | 92 |

### Balance Sheet

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

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 11 |
| Reserves | 186 | 199 | 221 | 249 | 294 | 292 | 293 | 250 |
| Borrowings | 20 | 19 | 4 | 8 | 0 | 0 | 2 | 0 |
| Other Liabilities | 126 | 160 | 189 | 117 | 124 | 281 | 255 | 237 |
| Total Liabilities | 344 | 390 | 426 | 386 | 430 | 585 | 563 | 498 |
| Fixed Assets | 48 | 48 | 44 | 35 | 42 | 44 | 36 | 32 |
| CWIP | 5 | 1 | 5 | 12 | 2 | 1 | 2 | 0 |
| Investments | 93 | 100 | 129 | 89 | 146 | 153 | 47 | 52 |
| Other Assets | 199 | 240 | 248 | 251 | 241 | 388 | 478 | 413 |
| Total Assets | 344 | 390 | 426 | 386 | 430 | 585 | 563 | 498 |

### Cash Flow

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

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 17 | 14 | 45 | -27 | 50 | — | -28 | 20 |
| Cash from Investing Activity | -5 | -8 | -22 | 27 | -41 | — | 104 | 20 |
| Cash from Financing Activity | -9 | -7 | -19 | 0 | -13 | — | -74 | -43 |
| Net Cash Flow | 3 | -2 | 4 | 0 | -3 | — | 2 | -3 |
| Free Cash Flow | 8 | 9 | 38 | -24 | 46 | — | -46 | 22 |
| CFO/OP | 338 | 5381 | -961 | 126 | -4941 | — | -8 | 88 |

### Ratios

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 98 | 132 | 85 | 114 | 102 | 95 | 163 | 205 |
| Inventory Days | 75 | 90 | 139 | 127 | 112 | 229 | 117 | 53 |
| Days Payable | 118 | 209 | 209 | 182 | 138 | 290 | 43 | 157 |
| Cash Conversion Cycle | 55 | 13 | 15 | 59 | 76 | 34 | 237 | 100 |
| Working Capital Days | 95 | 112 | 74 | 113 | 75 | 43 | 169 | 100 |
| ROCE % | — | 12 | 12 | 14 | 20 | 20 | 20 | 18 |

## Technical Indicators

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

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 7 / 3 / 9

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 210.45 | Sell |
| EMA (10) | 212.94 | Sell |
| SMA (20) | 225.42 | Sell |
| EMA (20) | 236.65 | Sell |
| SMA (50) | 331.68 | Sell |
| EMA (50) | 271.33 | Sell |
| SMA (100) | 257.18 | Sell |
| EMA (100) | 223.92 | Sell |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

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

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 20.79 | Buy |
| MACD (12,26,9) | -33.02 | Buy |
| Stochastic (14,3,3) | 0 | Buy |
| ADX (14) | 57.62 | Buy |
| Williams %R (14) | -100 | Buy |
| ATR (14) | 7.09 | High Volatility |
| ROC (12) | -10.33 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 9.9 | Buy |

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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 2026-10-13T10:59:12.860Z.