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Walchandnagar Industries

WALCHANNAG NSE
₹185.28 +4.58 (+2.53%)
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹185.28 +17.90 +10.7% 1Y
Start ₹167.38

Key Fundamentals

MicrocapIndustrial ManufacturingCapital Goods

Price-based figures as of · EPS basis: Standalone · TTM

ROCE
4.17%
Debt to Equity
0.61
EPS (TTM)
−₹0.46
Book Value
₹51.88
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
3.57
ROE
−4.41%
Dividend Yield
0.00%
EBITDA
₹34.10 Cr
52W High
₹315.80
52W Low
₹131.15
Day Range
₹176.21 – ₹185.90
Volume
4,69,354

Peer Comparison

Industrials › Capital Goods › Industrial Products

Walchandnagar Industries peer comparison
Indo-MIM
₹1,240.10106.91₹59,516 Cr18.470.55%23.40%25.00%₹3,482 Cr₹562 Cr
Aditya Infotech
₹3,999.8098.59₹46,234 Cr14.530.04%25.40%28.60%₹4,883 Cr₹477 Cr
Syrma SGS
₹1,512.6079.19₹28,543 Cr9.590.10%14.00%16.80%₹5,464 Cr₹401 Cr
Honeywell Automation
₹29,810.0047.82₹25,976 Cr5.650.38%12.60%17.00%₹4,703 Cr₹552 Cr
Jyoti CNC Automation
₹1,034.9573.19₹22,990 Cr11.010.00%18.20%21.30%₹2,191 Cr₹323 Cr
Kaynes Technology India
₹3,330.0064.57₹21,957 Cr4.710.00%8.69%12.70%₹3,899 Cr₹345 Cr
LMW
₹17,358.00106.09₹18,108 Cr6.100.21%4.05%5.58%₹3,374 Cr₹176 Cr
Walchandnagar Industries (this company)
₹185.28—₹1,234 Cr3.570.00%−4.41%4.17%₹317 Cr−₹3 Cr
Median 8 companies₹2,421.3079.19₹24,483 Cr7.850.07%13.30%16.90%₹3,690 Cr₹373 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

26 Poor

Data confidence 93/100

pledge:49%

Category scores

Quality
21
Poor
Returns, margins, earnings quality 22% weight
Valuation
28
Poor
Cheap vs sector & own history 24% weight
Growth
82
Strong
Sales & profit trajectory 9% weight
Financial Health
23
Poor
Solvency, leverage, coverage 9% weight
Momentum
20
Poor
Trend strength, vol-adjusted 12% weight
Ownership
18
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company is expected to give good quarter

Weaknesses

9
  • Stock is trading at 3.96 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%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1261
OscillatorsBearish261
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
41.69
Neutral
MACD (12,26,9)
−6.97
Bearish
SMA (50)
204.75
Bearish
SMA (200)
209.22
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10YIrregular period
5Y−3.35%
3Y−5.12%
1Y+6.18%
TTM+37.98%

Net profit

Net profit growth by window
10YIrregular period
5YLoss narrowed by ₹42 Cr
3YTurned to loss
1YLoss narrowed by ₹71 Cr
TTMLoss narrowed by ₹91.55 Cr

Operating cash flow

Operating cash flow growth by window
10YIrregular period
5YTurned negative
3YTurned negative
1YTurned negative
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10YIrregular period
5Y−0.68 pp
3Y+16.01 pp
1Y+32.86 pp
TTM+34.21 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹398 Cr
Mar 2018₹398 Cr
Mar 2019₹364 Cr
Mar 2020₹298 Cr
Mar 2021₹326 Cr
Mar 2022₹299 Cr
Mar 2023₹322 Cr
Mar 2024₹302 Cr
Mar 2025₹259 Cr
Mar 2026₹275 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹80.00 Cr
Mar 2018−₹26.00 Cr
Mar 2019−₹2.00 Cr
Mar 2020−₹65.00 Cr
Mar 2021−₹57.00 Cr
Mar 2022−₹38.00 Cr
Mar 2023₹20.00 Cr
Mar 2024−₹42.00 Cr
Mar 2025−₹86.00 Cr
Mar 2026−₹15.00 Cr

Quarterly Results

₹ Cr
WALCHANNAG quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
67.19
87.92
55.86
91.38
79.17
67.86
59.07
53.08
49.43
51.78
80.95
93.02
90.83
93.53
Expenses
69.44
82.82
63.84
86.12
91.99
73.96
64.75
100
51.8
54.81
65.65
88.87
83.49
84.74
Operating Profit
−2.25
5.1
−7.98
5.26
−12.82
−6.1
−5.68
−47.1
−2.37
−3.03
15.3
4.15
7.34
8.79
OPM %
−3.35%
5.8%
−14.29%
5.76%
−16.19%
−8.99%
−9.62%
−88.73%
−4.79%
−5.85%
18.9%
4.46%
8.08%
9.4%
Other Income
7.35
3.84
6.74
4.23
24.28
9.7
3.32
2.92
4.53
3.64
1.7
10.87
6.97
4.62
Interest
12.27
12.78
13.24
11.01
10.58
11.97
12.09
9.25
9.86
9.75
9.54
9.31
10.01
9.78
Depreciation
4.24
4.3
4.18
2.08
2.61
2.66
2.68
2.69
2.69
2.76
2.8
2.77
3.12
3.17
PBT
−11.41
−8.14
−18.66
−3.6
−1.73
−11.03
−17.13
−56.12
−10.39
−11.9
4.66
2.94
1.18
0.46
Tax %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
Net Profit
−11.41
−8.14
−18.66
−3.6
−1.73
−11.03
−17.13
−56.12
−10.39
−11.9
4.66
2.94
1.18
0.46
EPS (₹)
−2.48
−1.77
−4.06
−0.65
−0.31
−1.99
−3.09
−8.32
−1.53
−1.75
0.69
0.43
0.17
—

Sep 2026: from the results filed on 2 Nov 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
WALCHANNAG profit and loss, annual, ₹ crore
Particulars Sep 2014Mar 2016 18mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
638
802
398
398
364
298
326
299
322
302
259
275
317
Expenses
623
741
350
323
282
263
305
276
356
301
330
260
293
Operating Profit
16
61
48
76
82
35
20
23
−34
1
−71
15
24
OPM %
2.4%
8%
12%
19%
22%
12%
6%
8%
−11%
0.5%
−27%
5%
8%
Other Income
32
−5
4
9
25
10
25
33
128
21
40
21.07
23
Interest
49
91
70
77
82
88
79
71
55
50
44
40
39
Depreciation
17
34
36
33
27
23
23
22
19
15
11
11
11
PBT
−19
−69
−54
−26
−2
−65
−57
−38
20
−42
−86
−15
−3
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
−3
EPS (₹)
−3.25
−18.83
−20.89
−6.78
−0.56
−17.19
−15.04
−10
4.26
−7.55
−12.75
−2.16
−0.46
Div. Payout %
Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
WALCHANNAG balance sheet, annual, ₹ crore
Particulars Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

₹ Cr
WALCHANNAG cash flow, annual, ₹ crore
Particulars Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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

WALCHANNAG financial ratios, annual
Particulars Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 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%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Walchandnagar Industries insights

63 extracted metrics across FY07–FY27.

Shareholding Pattern

As of Sep 2026

  • Public 53.49%
  • Promoters 31.56%
  • Others 14.00%
  • FIIs 0.73%
  • DIIs 0.21%
  • Government 0.02%

49.20% of promoter holding pledged as of Sep 2026

Change vs previous quarter

Documents

  • Concall · May 2025
    PPT
  • Concall · Mar 2025
    PPT
  • Concall · Oct 2024
    PPT
  • Q4 FY19 concall · May 2019
    Transcript
  • Q3 FY19 concall · Feb 2019
    Transcript

Frequently Asked Questions about Walchandnagar Industries

What does Walchandnagar Industries Ltd do?
Incorporated in 1908, Walchandnagar Industries Ltd is in the Heavy engineering and Foundry & Machine Shop business
Where is Walchandnagar Industries Ltd (WALCHANNAG) listed?
Walchandnagar Industries Ltd trades as WALCHANNAG on the NSE and under code 507410 on the BSE.
Which sector does Walchandnagar Industries Ltd belong to?
Walchandnagar Industries Ltd is classified under the Capital Goods sector, in the Industrial Products industry.
What is the 52-week high and low of Walchandnagar Industries Ltd?
Over the last 52 weeks Walchandnagar Industries Ltd has traded between ₹131.15 and ₹315.8 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Walchandnagar Industries Ltd?
Walchandnagar Industries Ltd reported a return on equity of -4.41%. Its debt-to-equity ratio is 0.61.

Company Information

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

Website walchand.com
CEO Mr. Chirag Chakor Doshi
Employees 1,249
Listed 18 Sep 1996
Face Value ₹2

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