₹249.85
▲ +1.64 +0.66%
17 Jul 2026
NSE Listed
ASM 1Walchandnagar Industries (WALCHANNAG)
20-day avg volume: 18.2L shares
- Company is almost debt-free.
- Company is loss-making at the latest annual result.
- Stock trades at a high P/E of 577.
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 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 | — | — | — | — | — | — | — | — |
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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 | -10 | 4.26 | -9.04 | -14.73 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 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 |
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 ↗As of 2026-03-31
Quarterly — figures in %. Latest 12 quarters.
| Period | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Jan 2025 | Jan 2025 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 34.8% | 31.6% | 31.6% | 31.5% | 31.5% | 31.8% | 31.8% | 31.8% | 31.8% | 31.6% | 31.6% | 31.6% |
| FIIs | 0.3% | 0.3% | 0.3% | 0.3% | 0.5% | 0.4% | 0.4% | 0.6% | 0.4% | 0.4% | 0.5% | 0.5% |
| DIIs | 0.2% | 0.2% | 0.2% | 0.3% | 0.2% | 0.1% | 0.1% | 0.1% | 0.7% | 0.8% | 0.8% | 0.8% |
| Public | 64.7% | 67.9% | 67.9% | 67.9% | 67.8% | 67.7% | 67.7% | 67.4% | 67.2% | 67.2% | 67.1% | 67.2% |
| Promoter Pledge | 68.9% | 63.2% | 63.2% | 60.3% | 60.3% | 49.2% | 49.2% | 49.2% | 49.2% | 49.2% | 49.2% | 49.2% |
| No. of Shareholders | 55,725 | 57,593 | 59,811 | 73,686 | 77,386 | 77,387 | 77,387 | 79,698 | 80,371 | 78,880 | 83,130 | 87,168 |
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202503 | — | — | — | — |
| Name | Category | Stake | Shares |
|---|---|---|---|
| Walchand Kamdhenu Commercials Pvt. Ltd | Shareholding of Promoter and Promoter Group | 14.5% | 98,25,330 |
| Walchand Great Achievers Private Limited | Shareholding of Promoter and Promoter Group | 8.5% | 57,79,595 |
| Rodin Holdings Inc | Shareholding of Promoter and Promoter Group | 4.4% | 30,00,000 |
| Olsson Holdings Inc | Shareholding of Promoter and Promoter Group | 3% | 20,00,000 |
| Mahima Stocks Private Limited | Public Shareholding | 2.8% | 19,19,304 |
| Ashibhadarsh Ventures | Public Shareholding | 1.6% | 10,86,491 |
| Ashish Kacholia | Public Shareholding | 1.5% | 10,45,385 |
| Rakesh S Kathotia | Public Shareholding | 1.2% | 7,89,474 |
| Smt Lalitabai Lalchand Charity Trust (trustee Chakor L Doshi) | Shareholding of Promoter and Promoter Group | 0.6% | 3,79,210 |
| Walchand Chiranika Trading Private Limited | Shareholding of Promoter and Promoter Group | 0.5% | 3,42,090 |
| Chakor Lalchand Doshi | Shareholding of Promoter and Promoter Group | 0.1% | 60,800 |
| Chirag Chakor Doshi | Shareholding of Promoter and Promoter Group | 0% | 17,290 |
| Champa Chakor Doshi | Shareholding of Promoter and Promoter Group | 0% | 12,750 |
| Chakor L Doshi Huf (karta Chirag C Doshi) | Shareholding of Promoter and Promoter Group | 0% | 6,680 |
| Walchand Charitable Trust (trustee Chakor L Doshi) | Shareholding of Promoter and Promoter Group | 0% | 7,200 |
| Holder | Pledged Shares | % of Holding | As of |
|---|---|---|---|
| Chirag Chakor Doshi | 0 | 0% | 2026-03-31 |
| Champa Chakor Doshi | 0 | 0% | 2026-03-31 |
| Chakor L Doshi Huf (karta Chirag C Doshi) | 0 | 0% | 2026-03-31 |
| Smt Lalitabai Lalchand Charity Trust (trustee Chakor L Doshi) | 0 | 0% | 2026-03-31 |
| Walchand Charitable Trust (trustee Chakor L Doshi) | 0 | 0% | 2026-03-31 |
| Walchand Kamdhenu Commercials Pvt. Ltd | 53,45,554 | 54.4% | 2026-03-31 |
| Walchand Great Achievers Private Limited | 48,57,121 | 84% | 2026-03-31 |
| Walchand Chiranika Trading Private Limited | 3,42,090 | 100% | 2026-03-31 |
| Chakor Lalchand Doshi | 0 | 0% | 2026-03-31 |
| Rodin Holdings Inc | 0 | 0% | 2026-03-31 |
| Olsson Holdings Inc | 0 | 0% | 2026-03-31 |
| Ashish Kacholia | 0 | 0% | 2026-03-31 |
| Name | Designation | Year |
|---|---|---|
| Chakor L Doshi | Chairman (Non-Executive) | 2025 |
| Chirag C Doshi | Managing Director & Chief Executive Officer | 2025 |
| Giriraj Sharan Agrawal | Whole time Director & Company Secretary | 2025 |
| Rupal Vora | Independent Director | 2025 |
| Jayesh Dadia | Independent Director | 2025 |
| Prabhat Kumar | Independent Director | 2025 |
| Segment | Revenue | Share |
|---|---|---|
| Heavy Engineering | ₹200 Cr | 76.8% |
| Foundry and Machine Shop | ₹37 Cr | 14.2% |
| Others | ₹24 Cr | 9% |
| Region | Revenue | Share |
|---|---|---|
| Domestic | ₹250 Cr | 96.4% |
| Export | ₹9 Cr | 3.6% |
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2025 | ₹2 | 24 | 13 | 13 |
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2025 | 0 | 0 | 0 | 3 | 1 | 4 |
| 2025 | 0 | 0 | 0 | 3 | 1 | 4 |
| 2025 | 0 | 0 | 0 | 3 | 1 | 4 |
24 recent disclosure(s)
4 disclosure(s)
📍 3 Walchand Terraces, Tardeo Road, Mumbai, Maharashtra, 400034
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