Walchandnagar Industries Q2 FY27 Share Price & Earnings Call Analysis

₹186.78+3.70% today
Market cap
₹1,270 Cr
ROE
-4.41%
Price to sales
4.01
Debt to equity
0.61
52W high / low
₹312 / ₹132
Sales growth (5Y)
-3.31%
EBITDA margin
7.51%
Net profit margin
-5.86%
Promoter holding
31.55%
Sales (last year)
₹317 Cr

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

Guidance scorecard · Q2 FY27 call

What Walchandnagar Industries's management guided
and where it ranks in Industrial Manufacturing

RevenueQ4 FY19 call

20–40%
  • The company targets a turnover of Rs. 1,500 to Rs. 2,000 crores per annum within the next five years.
  • Focus is on maintaining EBITDA margins between 20% to 22%.
  • Expect strong growth in the Aerospace business, which grew 18.5% YoY and has high order visibility.
  • Order book as of March 31, 2019, stood at Rs. 822 crores with around 56% from core manufacturing.
  • Pipeline includes Rs. 1,500 crores of offers pending finalization, expected to convert in next 6-8 months.
  • Current manufacturing facility can support Rs. 500 to Rs. 600 crores turnover without additional CAPEX.

2 more points from Walchandnagar Industries's call on revenue

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Full Q4 FY19 analysis

MarginsQ4 FY19 call

Up 2%+

See what Walchandnagar Industries said on margins — free account, 30 seconds.

Full Q4 FY19 analysis

CapexQ4 FY19 call

Planned

Ask what Walchandnagar Industries said on capex →

Full Q4 FY19 analysis

FundraisingQ4 FY19 call

Planned

Ask what Walchandnagar Industries said on fundraising →

Full Q4 FY19 analysis

Order bookQ4 FY19 call

Rising
  • As of March 31, 2019, Walchandnagar Industries Limited had an order book of Rs. 822 crores.
  • Approximately 56% of this order book value comprises orders from the core manufacturing business.
  • The company has submitted offers worth around Rs. 1,500 crores in the pipeline.

2 more points from Walchandnagar Industries's call on the order book

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Full Q4 FY19 analysis

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Industrial Manufacturing
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. 3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Industrial Manufacturing companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 0–2%₹1,185 Cr109.0
240%+Up 0–2%₹486 Cr29.9
340%+Flat₹7,897 Cr92.3
440%+Flat₹3,421 Cr74.4
540%+Flat₹2,461 Cr58.4
640%+Flat₹681 Cr40.0

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Financials of Walchandnagar Industries

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Shareholder Pattern

Walchandnagar Industries

Shareholding breakup across reporting periods.

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters +34.84%31.55%31.55%31.55%31.53%31.76%31.76%31.59%31.59%31.59%31.59%31.55%
FIIs +0.33%0.28%0.35%0.31%0.52%0.64%0.36%0.38%0.46%0.47%2.38%0.73%
DIIs +0.18%0.23%0.15%0.28%0.15%0.14%0.70%0.80%0.80%0.78%0.49%0.21%
Government +0.03%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%0.02%
Public +64.63%67.91%67.92%67.84%67.78%67.42%67.14%67.20%67.12%67.14%65.53%67.49%
No. of Shareholders55,72557,59359,81173,68677,38679,69880,37178,88083,13087,16896,7931,01,727

Financials of Walchandnagar Industries

Quarterly Results

Quarter-by-quarter operating performance

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales +87.9255.8691.3879.1767.8659.0753.0849.4351.7880.9593.0290.8393.53
Expenses +82.8263.8486.1291.9973.9664.75100.1851.8054.8165.6588.8783.4984.73
Operating Profit5.10-7.985.26-12.82-6.10-5.68-47.10-2.37-3.0315.304.157.348.80
OPM %5.80%-14.29%5.76%-16.19%-8.99%-9.62%-88.73%-4.79%-5.85%18.90%4.46%8.08%9.41%
Other Income +3.846.744.2324.289.703.322.924.533.641.7010.876.974.62
Interest12.7813.2411.0110.5811.9712.099.259.869.759.549.3110.019.78
Depreciation4.304.182.082.612.662.682.692.692.762.802.773.123.17
Profit before tax-8.14-18.66-3.60-1.73-11.03-17.13-56.12-10.39-11.904.662.941.180.47
Tax %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit +-8.14-18.66-3.60-1.73-11.03-17.13-56.12-10.39-11.904.662.941.180.47
EPS in Rs-1.77-4.06-0.65-0.31-1.99-3.09-8.32-1.53-1.750.690.430.170.07

Financials of Walchandnagar Industries

Profit & Loss

Annual income statement trend

Sep 2014Mar 2016 18mMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales +638802398398364298326299322302259275358
Expenses +623741350323282263305276356301330260323
Operating Profit1661487682352023-341-711536
OPM %2.4%8%12%19%22%12%6%8%-11%0.5%-27%5%10%
Other Income +32-5492510253312821402224
Interest49917077828879715550444039
Depreciation17343633272323221915111112
Profit before tax-19-69-54-26-2-65-57-3820-42-86-159
Tax %-33%5%47%0%0%0%0%0%0%0%0%0%
Net Profit +-12-72-80-26-2-65-57-3820-42-86-159
EPS in Rs-3.25-18.83-20.89-6.78-0.56-17.19-15.04-10.004.26-7.55-12.75-2.161.36
Dividend Payout %-12%0%0%0%0%0%0%0%0%0%0%0%

Financials of Walchandnagar Industries

Balance Sheet

Capital structure and asset base

Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Equity Capital88888888911131414
Reserves663554357331328261204169251350359345349
Borrowings +350405431434454405411448293241194219246
Other Liabilities +594432414381377372335309275274306304312
Total Liabilities1,6151,3981,2091,1551,1661,046958934828876872881920
Fixed Assets +617560390364357346333312285272245264259
CWIP411259442181733
Investments25053300000000
Other Assets +969837813786801692622617541602619600628
Total Assets1,6151,3981,2091,1551,1661,046958934828876872881920

Financials of Walchandnagar Industries

Cash Flows

Operating, investing and financing cash movement

Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-3806350146597128761116-11
Cash from Investing Activity +3115-103-4939-82684-15-14
Cash from Financing Activity +41-37-66-55-78-121-64-54-8539-1-10
Net Cash Flow35-22-14-218-24-00-154-1-35
Free Cash Flow-39-105943134446726759-19-34
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit-99%21%127%61%174%168%331%93%-205%742%-14%-89%

Financials of Walchandnagar Industries

Ratios

Working capital efficiency and return ratios

Sep 2014Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days23118033033923124323526921018599114
Inventory Days3942664103846401,030378475279380363451
Days Payable25594186214311383174234170201186220
Cash Conversion Cycle371353554508560891439509319363275346
Working Capital Days513318155-2247-1434-30-36-52
ROCE %0%3%2%6%10%4%3%2%-5%0%-8%4%

Guidance history

How Walchandnagar Industries's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY19 call →20–40%Up 2%+PlannedPlannedRising
Q3 FY19 call →10–20%FlatPlanned—Rising
Q2 FY19 call →10–20%Flat———

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

18out of 100

Momentum score · price trend

18 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months+5.3%64%
Last 6 months−25.1%12%
Last 3 months−18.6%23%

The price is 82.1% below its all-time high of ₹1,040.84 (2 Nov 2007). Stocks more than 20% below their peak have their score halved, so 35 became 18.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Walchandnagar Industries: 0.4 × 64 + 0.4 × 12 + 0.2 × 23 = 35, halved to 18 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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