Debut Plus

249.85

+1.64 +0.66%

17 Jul 2026

NSE Listed

ASM 1

Walchandnagar Industries (WALCHANNAG)

Volume: 6,19,859Avg Vol 1W: 20,31,964.6Avg Vol 1M: 18,19,39152W Range:131.15315.8
Market Cap₹1,684 Cr
Current Price₹249.85
Previous Close₹248.21
High / Low (52w)₹315.8 / ₹131.15
Volume6,19,859
Avg Vol (1W)20,31,964.6
Avg Vol (1M)18,19,391
Stock P/E577.21
Book Value₹52.89
Dividend Yield0%
ROE-409.1%
ROA-166.7%
Revenue (TTM)₹295 Cr
Revenue Growth
Profit Margin-5.34%
Total Debt₹219 Cr
Shares Outstanding7 Cr
Face Value₹2
EPS (TTM)₹0
P/B4.7
Debt / Equity0.59
50 DMA₹255.31
200 DMA₹196.37
Day change+0.66%
SurveillanceASM 1 (as of 2026-07-15)
Price Chart
249.85 10.85% · 1Y
3121323.9Cr
2025-07-16
2026-07-15

20-day avg volume: 18.2L shares

Pros
  • Company is almost debt-free.
Cons
  • Company is loss-making at the latest annual result.
  • Stock trades at a high P/E of 577.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹79 Cr₹68 Cr₹59 Cr₹53 Cr₹49 Cr₹52 Cr₹81 Cr₹93 Cr
EBITDA₹9 Cr₹-3 Cr₹-5 Cr₹-47 Cr₹-1 Cr₹-2 Cr₹16 Cr₹12 Cr
Net Profit₹-2 Cr₹-11 Cr₹-17 Cr₹-56 Cr₹-10 Cr₹-12 Cr₹5 Cr₹3 Cr
EPS
Profit & Loss (Annual)
MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Revenue₹407 Cr₹389 Cr₹318 Cr₹351 Cr₹332 Cr₹344 Cr₹324 Cr₹295 Cr
EBITDA₹50 Cr₹78 Cr₹31 Cr₹22 Cr₹33 Cr₹-31 Cr₹7 Cr₹-46 Cr
Net Profit₹-26 Cr₹-2 Cr₹-65 Cr₹-57 Cr₹-38 Cr₹20 Cr₹-42 Cr₹-86 Cr
EPS-6.78-0.56-17.2-15.04-104.26-9.04-14.73
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹1,166 Cr₹1,046 Cr₹958 Cr₹934 Cr₹828 Cr₹876 Cr₹872 Cr₹881 Cr
Total Liabilities₹831 Cr₹777 Cr₹746 Cr₹757 Cr₹567 Cr₹514 Cr₹499 Cr₹523 Cr
Equity₹335 Cr₹269 Cr₹212 Cr₹177 Cr₹261 Cr₹361 Cr₹373 Cr₹359 Cr
Total Debt₹219 Cr
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹67 Cr₹21 Cr₹70 Cr₹11 Cr₹10 Cr₹-11 Cr
Investing₹-8 Cr₹26 Cr₹8 Cr₹4 Cr₹-15 Cr₹-14 Cr
Financing₹-64 Cr₹-54 Cr₹-85 Cr₹39 Cr₹-1 Cr₹-10 Cr
Free Cash Flow₹67 Cr₹21 Cr₹70 Cr₹11 Cr₹10 Cr₹-36 Cr
Shareholding
Promoter 31.59% Institutions 1.25% Public 67.16%
About Walchandnagar Industries

Capital Goods-Non Electrical Equipment · Engineering

Walchandnagar Industries Limited operates as a heavy engineering and project execution company in India and internationally. It operates through Heavy Engineering; Foundry and Machine Shop; and Others segments. The company offers booster motor casings and nozzles for aerospace applications; and design, engineering, manufacture, supply, project management, and supervision services for cement plant equipment and clinker grinding units. It also provides custom made solutions for modernization/retrofitting of existing plants; strategic articles, tactical missiles, and platform-based equipment for the defense sector; high and low speed, heavy-duty planetary, hydel, and heavy-duty marine gear boxes; missiles; and precision instruments and components, including pressure and temperature gauges, pressure transmitters, pressure switches, thermowells, diaphragm seals, and accessories under the TIWIN brand. In addition, the company offers centrifugal machines; equipment for various nuclear power plants; industrial boilers and steam generators; and equipment for onshore production facilities, refineries, and petrochemical and fertilizer plants, as well as undertakes turnkey sugar projects, and installation and integration activities for nuclear power plants. Further, the company manufactures and sells grey and ductile iron castings; offers consulting engineering services in the areas of nuclear and thermal plants, oil and gas, submarines and ships; and design engineering and complex projects execution, special purpose machines, and research and development projects. Walchandnagar Industries Limited was incorporated in 1908 and is based in Pune, India.

walchand.com
Efficiency & Working Capital
ROCE3.9%
Interest Coverage-0.9
Dividend Payout
Debtor Days99 d
Inventory Days174 d
Payable Days89 d
Cash Conversion Cycle183 d
Working Capital Days273 d
Shareholding Details

As of 2026-03-31

Promoter31.6%
FII0.5%
DII0.8%
Institutions1.3%
Public67.2%
Promoter Pledge49.2%
No. of Shareholders87,168
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodDec 2023Mar 2024Jun 2024Sept 2024Dec 2024Jan 2025Jan 2025Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters34.8%31.6%31.6%31.5%31.5%31.8%31.8%31.8%31.8%31.6%31.6%31.6%
FIIs0.3%0.3%0.3%0.3%0.5%0.4%0.4%0.6%0.4%0.4%0.5%0.5%
DIIs0.2%0.2%0.2%0.3%0.2%0.1%0.1%0.1%0.7%0.8%0.8%0.8%
Public64.7%67.9%67.9%67.9%67.8%67.7%67.7%67.4%67.2%67.2%67.1%67.2%
Promoter Pledge68.9%63.2%63.2%60.3%60.3%49.2%49.2%49.2%49.2%49.2%49.2%49.2%
No. of Shareholders55,72557,59359,81173,68677,38677,38777,38779,69880,37178,88083,13087,168
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503
Major Shareholders (>1%)
NameCategoryStakeShares
Walchand Kamdhenu Commercials Pvt. LtdShareholding of Promoter and Promoter Group14.5%98,25,330
Walchand Great Achievers Private LimitedShareholding of Promoter and Promoter Group8.5%57,79,595
Rodin Holdings IncShareholding of Promoter and Promoter Group4.4%30,00,000
Olsson Holdings IncShareholding of Promoter and Promoter Group3%20,00,000
Mahima Stocks Private LimitedPublic Shareholding2.8%19,19,304
Ashibhadarsh VenturesPublic Shareholding1.6%10,86,491
Ashish KacholiaPublic Shareholding1.5%10,45,385
Rakesh S KathotiaPublic Shareholding1.2%7,89,474
Smt Lalitabai Lalchand Charity Trust (trustee Chakor L Doshi)Shareholding of Promoter and Promoter Group0.6%3,79,210
Walchand Chiranika Trading Private LimitedShareholding of Promoter and Promoter Group0.5%3,42,090
Chakor Lalchand DoshiShareholding of Promoter and Promoter Group0.1%60,800
Chirag Chakor DoshiShareholding of Promoter and Promoter Group0%17,290
Champa Chakor DoshiShareholding of Promoter and Promoter Group0%12,750
Chakor L Doshi Huf (karta Chirag C Doshi)Shareholding of Promoter and Promoter Group0%6,680
Walchand Charitable Trust (trustee Chakor L Doshi)Shareholding of Promoter and Promoter Group0%7,200
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Chirag Chakor Doshi00%2026-03-31
Champa Chakor Doshi00%2026-03-31
Chakor L Doshi Huf (karta Chirag C Doshi)00%2026-03-31
Smt Lalitabai Lalchand Charity Trust (trustee Chakor L Doshi)00%2026-03-31
Walchand Charitable Trust (trustee Chakor L Doshi)00%2026-03-31
Walchand Kamdhenu Commercials Pvt. Ltd53,45,55454.4%2026-03-31
Walchand Great Achievers Private Limited48,57,12184%2026-03-31
Walchand Chiranika Trading Private Limited3,42,090100%2026-03-31
Chakor Lalchand Doshi00%2026-03-31
Rodin Holdings Inc00%2026-03-31
Olsson Holdings Inc00%2026-03-31
Ashish Kacholia00%2026-03-31
Board of Directors
NameDesignationYear
Chakor L DoshiChairman (Non-Executive)2025
Chirag C DoshiManaging Director & Chief Executive Officer2025
Giriraj Sharan AgrawalWhole time Director & Company Secretary2025
Rupal VoraIndependent Director2025
Jayesh DadiaIndependent Director2025
Prabhat KumarIndependent Director2025
Segments — Product
SegmentRevenueShare
Heavy Engineering₹200 Cr76.8%
Foundry and Machine Shop₹37 Cr14.2%
Others₹24 Cr9%
Segments — Geography
RegionRevenueShare
Domestic₹250 Cr96.4%
Export₹9 Cr3.6%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹2241313
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000314
2025000314
2025000314
Insider / Designated-Person Trades

24 recent disclosure(s)

Walchand Kamdhenu Commercials Private LimitedPledge · 53,45,554
Walchand Chiranika Trading Private LimitedPledge · 3,42,090
Walchand Great Achievers Private LimitedPledge · 48,57,121
Walchand Kamdhenu Commercials Private LimitedPledge · 53,45,554
Walchand Chiranika Trading Private LimitedPledge · 3,42,090
Walchand Great Achievers Private LimitedPledge · 48,57,121
Substantial Acquisitions (SAST)

4 disclosure(s)

Pref. Allotment20/03/2025 · 39,47,364
Release Of Pledge25/07/2024 ·
Release Of Pledge24/07/2024 ·
Encumbrance By Way Of Pledge19/07/2024 ·
Company Information
Incorporated1908
ChairmanChakor L Doshi
AuditorJayesh Sangharajka & Co LLP
Investor Email[email protected]
🌐 www.walchand.com

📍 3 Walchand Terraces, Tardeo Road, Mumbai, Maharashtra, 400034

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