Walchandnagar Industries
- Market cap
- ₹ 1,276 Cr.
- P/E
- 51.5x
- P/B
- 3.77x
- 52-week range
- 131.15 – 315.8
- ROE
- −4%
- ROCE
- 4%
- Dividend yield
- 0%
- Debt / equity
- 0.61
- Sector
- Industrial Manufacturing
- Industry
- Industrial Products
- Listed on
- NSE, BSE
About
Walchandnagar Industries Ltd. is a heavy engineering and project execution company. The Company has diversified business offerings across core sectors with Hi tech manufacturing, engineering products and engineering services. The Company operates through three segments: Heavy Engineering, Foundry and Machine Shop, and Others. It serves sectors like defense, nuclear and aerospace and industrial products like gears, centrifugal, castings and gauges. The Company also has a presence in Oil & Gas, Railways and in engineering, procurement, and construction (EPC) sectors through its offerings for Sugar Plants, Co-Generation Boilers and Cement Plants. It has a capability of implementing from concept to commissioning Turnkey Sugar Projects of daily cane crushing capacity from 1000 cane crushed per day (TCD) to 26000 TCD with cogeneration. It has three manufacturing plants which are located at Walchandnagar, Satara Road, and Attikola Dharwad.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Industrial Products: 186 companies →Walchandnagar Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)51.5 against a typical 29.9: pricier than most peers (1st = cheapest).131st of 184
- Sales growth+83.8% against a typical +20.3% from a year earlier.17th of 147
- Share price, 3 months−15.4% against a typical −3.4%.122nd of 164
- Size₹ 1,275.9 Cr. market value against a typical ₹ 305.2 Cr. (1st = largest).45th of 176
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BB by Acuite- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Acuite | ACUITE BB | Stable | 7 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Aug 2026 | Reaffirmed | ACUITE BB | — | Acuite | ₹ 635 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2026 and other business matters |
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended June 30, 2026 |
| 20 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 29 Jan 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 14 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 22 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | 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 | 88 | 56 | 91 | 79 | 68 | 59 | 53 | 49 | 52 | 81 | 93 | 91 |
| Expenses | 83 | 64 | 86 | 92 | 74 | 65 | 100 | 52 | 55 | 66 | 89 | 83 |
| Operating Profit | 5 | −8 | 5 | −13 | −6 | −6 | −47 | −2 | −3 | 15 | 4 | 7 |
| OPM % | 5.8% | −14.3% | 5.8% | −16.2% | −9% | −9.6% | −88.7% | −4.8% | −5.9% | 18.9% | 4.5% | 8.1% |
| Other Income | 4 | 7 | 4 | 24 | 10 | 3 | 3 | 5 | 4 | 2 | 11 | 7 |
| Interest | 13 | 13 | 11 | 11 | 12 | 12 | 9 | 10 | 10 | 10 | 9 | 10 |
| Depreciation | 4 | 4 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | −8 | −19 | −4 | −2 | −11 | −17 | −56 | −10 | −12 | 5 | 3 | 1 |
| Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | −8 | −19 | −4 | −2 | −11 | −17 | −56 | −10 | −12 | 5 | 3 | 1 |
| 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 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −10%
- 5 Years
- −3%
- 3 Years
- −5%
- TTM
- 38%
- 10 Years
- 6%
- 5 Years
- 12%
- 3 Years
- 22%
- TTM
- 98%
- 10 Years
- 4%
- 5 Years
- 31%
- 3 Years
- 31%
- TTM
- —
- 10 Years
- −17%
- 5 Years
- −21%
- 3 Years
- −15%
- TTM
- —
Peers
Listed companies in the same business.
| Walchandnagar Industries | ₹ 188.07 | ₹ 1,276 Cr. | 51.5x | 3.8x | −4% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Chirag Chakor Doshi
- Chief Executive Officer, Managing Director, Executive Director
- Nishant Saigal
- Chief Financial Officer
- Ghananeel Kelkar
- Chief Human Resources Officer
- Giriraj Sharan Agrawal
- Compliance Officer, Whole Time Director, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.