WALCHANNAG · Walchandnagar Industries Ltd · Misc. Capital Goods
WALCHANNAG · Walchandnagar Industries Ltd · Misc. Capital Goods
As of 05 Nov close
52-week range
38.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹91 Cr
Revenue YoY
PAT YoY
+111.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.8
P/S (TTM)
4.5
Sector P/E
28.6
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| WALCHANNAG (this stock) | 3,442.5 | 3.8 | -1.0% | -0.9% | 0.61 | 0.0% |
| Bharat Heavy Electricals | 92.4 | 5.6 | +6.8% | Not available from data source | 0.64 | +0.3% |
| Suzlon Energy | 25.9 | 6.9 | +18.0% | +33.2% | 0.06 | 0.0% |
| Thermax | 97.9 | 8 | +5.5% | +10.7% | 0.42 | +0.4% |
Promoter
stable
FII
rising 1q
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| WALCHANNAG | 2026-10-07 | 377620 | 1 | WEAK | BULK |
| WALCHANNAG | 2026-06-19 | 371235 | 1 | MEDIUM | BULK |
| WALCHANNAG | 2026-06-18 | 1758885 | 4 | WEAK | BULK |
| WALCHANNAG | 2026-05-26 | 1548771 | 4 | MEDIUM | BULK |
| WALCHANNAG | 2026-05-21 | 378953 | 1 | MEDIUM | BULK |
News timeline
- mediumcorporate actioneconomictimes.indiatimes.com· 21 Aug 2026, 12:38 pmWalchandnagar Industries shares rise 2% on Rs 30.53 crore order from Vikram Sarabhai Space Centre
- mediumcorporate actioneconomictimes.indiatimes.com· 21 Aug 2026, 06:00 amStocks in news: BPCL, HAL, RailTel, Saatvik Green Energy and Samvardhana Motherson
- loweconomictimes.indiatimes.com· 24 Jul 2026, 11:09 amAshish Kacholia exits defence stock that rallied 108% in Q1. Do you own it?
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedWalchandnagar Industries Limited (WALCHANNAG) reported a significant turnaround in FY2025-26, with EBITDA improving from a negative ₹3,561 Lakhs to a positive ₹3,549 Lakhs, driven by operational efficiencies and strategic focus on Defence, Nuclear, and Aerospace sectors. The company achieved two consecutive quarters of profitability before exceptional items and improved revenue quality. However, it faces pending legal disputes related to tax and customs dues, including a ₹1,334.66 Lakhs service tax dispute with CESTAT, Mumbai, and a ₹5,431 Lakhs provision for expected losses on TNEB projects. The company has no subsidiaries, joint ventures, or associates as of March 31, 2026.
- FY2025-26 EBITDA improved to ₹3,549 Lakhs from a negative ₹3,561 Lakhs in FY2024-25.
- The company achieved two consecutive quarters of profitability before exceptional items.
- Pending legal disputes include a ₹1,334.66 Lakhs service tax dispute with CESTAT, Mumbai, and a ₹5,431 Lakhs provision for TNEB project losses.
- No subsidiaries, joint ventures, or associates as of March 31, 2026.
- The company has not defaulted on loans or borrowings during FY2025-26.
Key takeaway: Walchandnagar Industries Limited demonstrated a significant operational turnaround in FY2025-26, but faces material risks from pending legal disputes and provisions for project losses.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items); Default / Covenant Breach (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesEarlier (1-3 years ago)
The company faced a regulatory action by BSE for delayed filing of Related Party disclosure in XBRL format, resulting in a fine of Rs. 1,94,700. The company has requested a waiver and the matter is pending with BSE.
In 2015, SEBI imposed a penalty of 21.25 Lakhs against promoter entities of BCMA, some of which are promoter entities of Walchandnagar Industries Limited, related to the purchase of BCMA shares by Walchand Kamdhenu Commercials Pvt. Ltd. This matter is pending in the Supreme Court of India.
Default / Covenant Breach
1 occurrenceEarlier (1-3 years ago)
The company has a debt restructuring agreement with ACREs that stipulates if it defaults on repayments, the entire outstanding amount plus interest will be restored. The company defaulted on July 19, 2024.
Routine disclosures
Contingent Liability
2 occurrencesEarlier (1-3 years ago)
The company recognized a one-time provision of Rs. 5,431 Lakhs for expected losses due to cost overruns on TNEB projects, including Rs. 1069 Lakhs for procurement and erection expenses and Rs. 4362 Lakhs for expected contract losses.
The company has a contingent liability of ₹13,714 Lakh as of March 31, 2024, due to the assignment of KKR debt to ACREs under a restructuring agreement, which could be restored if the company defaults on repayments.
Related-Party Transaction
2 occurrencesEarlier (1-3 years ago)
The company approved a material related party transaction involving subrogated debt owed by the Company to the Promoters / Promoters Group.
The company approved a material related party transaction involving subrogated debt owed by the Company to the Promoters / Promoters Group under Resolution No. 8.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has outstanding tax dues under dispute, including Service Tax and Penalty of 1,334.66 lakhs as of March 31, 2024, pending before CESTAT, Mumbai, and other statutory dues under various taxes with amounts and forums specified.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
27.12% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18). Change vs the previous disclosure: increasing.