WPIL Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹3,842 Cr
- P/E
- 22.65
- ROE
- 10.67%
- PEG
- -3.86
- Price to sales
- 1.95
- Debt to equity
- 0.32
- 52W high / low
- ₹506 / ₹346
- Sales growth (5Y)
- 13.27%
- EBITDA margin
- 17.40%
- Net profit margin
- 10.76%
- Promoter holding
- 70.79%
- Sales (last year)
- ₹1,977 Cr
Guidance scorecard · Q1 FY27 call
What WPIL Ltd's management guided
and where it ranks in Industrial Manufacturing
RevenueQ1 FY27 call
10–20%- Revenues are expected to improve and remain stable, barring major global volatility.
- International business, especially in the South African water sector and MENA region, is witnessing strong momentum and is expected to gain further momentum as the year progresses.
- Domestic product division order book of INR459 crores and international order book at INR2,891 crores provide strong medium-term revenue visibility.
- Product division revenue is growing steadily and expected to maintain this growth trajectory.
- Domestic project sector is currently subdued but expected to improve in the second half of the year as sector issues resolve.
- Order books stand healthy: INR1,029 crores in product and INR4,241 crores in projects, supporting future sales.
2 more points from WPIL Ltd's call on revenue
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MarginsQ1 FY27 call
FlatSee what WPIL Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
None planned- WPIL Limited does not plan any substantial capital expenditure (capex) for the current year.
FundraisingQ1 FY27 call
See what WPIL Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Total order book as of Q1 FY27: INR 5,270 crores.
- Product division order book: INR 1,029 crores, split 55% international and 45% domestic.
- Project division order book: INR 4,241 crores, with about INR 530 crores from O&M embedded.
- Domestic project order book specifically: INR 1,400 crores EPC + INR 530 crores O&M.
- International order book: INR 2,891 crores, strong medium-term revenue visibility.
- Jal Jeevan Mission (JJM) receivables pending approx INR 300-350 crores, expected to realize substantially in Q2.
2 more points from WPIL Ltd's call on the order book
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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
- Strong growth2
- Strong growth1
- Strong growth3
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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
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 0–2% | ₹1,207 Cr | 111.0 | |
| 2 | 40%+ | Up 0–2% | ₹549 Cr | 33.8 | |
| 3 | 40%+ | Flat | ₹8,076 Cr | 94.4 | |
| 4 | 40%+ | Flat | ₹3,732 Cr | 81.2 | |
| 5 | 40%+ | Flat | ₹2,580 Cr | 61.2 | |
| 6 | 40%+ | Flat | ₹743 Cr | 43.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Industrial Manufacturing rankingFinancials of WPIL Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of WPIL Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 520 | 324 | 319 | 431 | 591 | 363 | 491 | 382 | 572 | 379 | 426 | 539 | 511 |
| Expenses + | 418 | 264 | 252 | 361 | 489 | 302 | 387 | 333 | 492 | 329 | 346 | 426 | 436 |
| Operating Profit | 102 | 59 | 67 | 70 | 102 | 60 | 104 | 48 | 80 | 49 | 80 | 113 | 76 |
| OPM % | 20% | 18% | 21% | 16% | 17% | 17% | 21% | 13% | 14% | 13% | 19% | 21% | 15% |
| Other Income + | 18 | 8 | 7 | 504 | 4 | 13 | 10 | 17 | 6 | 12 | 14 | 18 | 14 |
| Interest | 7 | 7 | 7 | 9 | 7 | 8 | 9 | 11 | 12 | 11 | 13 | 11 | 12 |
| Depreciation | 7 | 7 | 7 | 8 | 8 | 8 | 8 | 8 | 9 | 9 | 10 | 10 | 11 |
| Profit before tax | 105 | 53 | 59 | 557 | 92 | 59 | 98 | 46 | 65 | 40 | 71 | 109 | 67 |
| Tax % | 25% | 24% | 28% | 4% | 28% | 26% | 28% | 19% | 136% | 36% | 28% | 31% | 30% |
| Net Profit + | 79 | 40 | 43 | 535 | 66 | 43 | 70 | 37 | -24 | 26 | 52 | 76 | 47 |
| EPS in Rs | 7.32 | 3.25 | 3.53 | 35.30 | 6.53 | 3.96 | 6.17 | 3.21 | 0.18 | 2.29 | 4.20 | 5.56 | 4.14 |
Financials of WPIL Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 482 | 730 | 708 | 845 | 1,156 | 909 | 995 | 1,181 | 1,605 | 1,664 | 1,807 | 1,855 |
| Expenses + | 417 | 680 | 658 | 748 | 922 | 790 | 838 | 971 | 1,337 | 1,366 | 1,514 | 1,536 |
| Operating Profit | 65 | 49 | 50 | 97 | 234 | 119 | 157 | 210 | 268 | 298 | 293 | 318 |
| OPM % | 13% | 7% | 7% | 11% | 20% | 13% | 16% | 18% | 17% | 18% | 16% | 17% |
| Other Income + | 2 | 10 | 9 | 17 | 21 | 16 | 32 | 10 | 68 | 524 | 47 | 58 |
| Interest | 29 | 27 | 27 | 22 | 13 | 21 | 22 | 20 | 24 | 31 | 39 | 48 |
| Depreciation | 7 | 27 | 22 | 22 | 19 | 37 | 37 | 37 | 28 | 30 | 33 | 41 |
| Profit before tax | 31 | 5 | 10 | 69 | 223 | 77 | 129 | 163 | 284 | 762 | 267 | 288 |
| Tax % | 40% | 174% | 118% | 48% | 29% | 30% | 24% | 28% | 23% | 10% | 53% | 31% |
| Net Profit + | 19 | -4 | -2 | 36 | 157 | 54 | 99 | 118 | 220 | 684 | 127 | 200 |
| EPS in Rs | 1.89 | 0.10 | 0.73 | 4.10 | 12.87 | 5.75 | 8.62 | 9.96 | 19.36 | 48.62 | 13.52 | 16.19 |
| Dividend Payout % | 11% | 193% | 28% | 10% | 6% | 13% | 12% | 10% | 10% | 8% | 15% | 12% |
Financials of WPIL Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 238 | 236 | 249 | 284 | 397 | 444 | 533 | 625 | 800 | 1,236 | 1,362 | 1,581 |
| Borrowings + | 103 | 268 | 273 | 173 | 138 | 377 | 312 | 317 | 258 | 220 | 465 | 502 |
| Other Liabilities + | 136 | 306 | 268 | 521 | 498 | 572 | 660 | 855 | 1,134 | 1,162 | 1,093 | 1,173 |
| Total Liabilities | 487 | 819 | 799 | 988 | 1,044 | 1,403 | 1,514 | 1,806 | 2,202 | 2,628 | 2,930 | 3,265 |
| Fixed Assets + | 141 | 207 | 180 | 182 | 176 | 449 | 429 | 421 | 467 | 439 | 497 | 654 |
| CWIP | 1 | 1 | 2 | 0 | 1 | 1 | 1 | 9 | 9 | 14 | 9 | 2 |
| Investments | 0 | 0 | 14 | 13 | 14 | 13 | 16 | 17 | 20 | 25 | 32 | 42 |
| Other Assets + | 345 | 611 | 603 | 792 | 853 | 939 | 1,070 | 1,359 | 1,706 | 2,150 | 2,391 | 2,568 |
| Total Assets | 487 | 819 | 799 | 988 | 1,044 | 1,403 | 1,514 | 1,806 | 2,202 | 2,628 | 2,930 | 3,265 |
Financials of WPIL Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 26 | -97 | 63 | 182 | 141 | 55 | 230 | 115 | 187 | -90 | -150 | -93 |
| Cash from Investing Activity + | -4 | -91 | 3 | -50 | -34 | -296 | -38 | -49 | -109 | 517 | -320 | 180 |
| Cash from Financing Activity + | -10 | 193 | -72 | -124 | -53 | 199 | -143 | -35 | -102 | -88 | 151 | -46 |
| Net Cash Flow | 12 | 5 | -7 | 7 | 53 | -42 | 49 | 30 | -24 | 339 | -318 | 41 |
| Free Cash Flow | 21 | -189 | 64 | 172 | 130 | -63 | 244 | 90 | 155 | -131 | -187 | -147 |
| CFO/OP | 56% | -162% | 154% | 221% | 82% | 72% | 157% | 80% | 92% | -16% | -43% | 14% |
Financials of WPIL Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 171 | 165 | 156 | 153 | 92 | 129 | 120 | 132 | 124 | 160 | 168 | 196 |
| Inventory Days | 70 | 241 | 209 | 177 | 138 | 240 | 218 | 383 | 360 | 389 | 313 | 285 |
| Days Payable | 97 | 144 | 161 | 176 | 151 | 208 | 217 | 501 | 497 | 482 | 348 | 236 |
| Cash Conversion Cycle | 143 | 261 | 204 | 154 | 79 | 160 | 120 | 14 | -12 | 67 | 133 | 246 |
| Working Capital Days | 106 | 81 | 58 | 10 | 21 | 37 | 38 | 34 | 44 | 63 | 71 | 130 |
| ROCE % | 16% | 7% | 7% | 18% | 45% | 14% | 17% | 19% | 24% | 20% | 16% | 15% |
Guidance history
How WPIL Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | None planned | — | Rising |
| Q4 FY26 call → | 10–20% | Up 2%+ | Planned | Planned | Rising |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
21 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −13.6% | 44% |
| Last 6 months | −9.0% | 38% |
| Last 3 months | −9.7% | 41% |
The price is 46.7% below its all-time high of ₹737.35 (27 Dec 2024). Stocks more than 20% below their peak have their score halved, so 41 became 21.
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 WPIL Ltd: 0.4 × 44 + 0.4 × 38 + 0.2 × 41 = 41, halved to 21 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 29 Oct 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.
Continue your research
What WPIL Ltd's management said in earlier quarters
- Q1 FY27 earnings call analysis →
- Q3 FY25 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q1 FY26 earnings call analysis →
- Q2 FY26 earnings call →
- Q4 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
- Q1 FY24 earnings call →
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