Walchandnagar Industries Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: February 27, 2026, 9:26 pm

Market Cap	1,169 Cr.
Current Price	173
Intrinsic Value	₹139.58
High / Low	278/142
Stock P/E
Book Value	51.3
Dividend Yield	0.00 %
ROCE	8.33 %
ROE	25.3 %
Face Value	2.00
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Walchandnagar Industries Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Walchandnagar Industries Ltd	1,169 Cr.	173	278/142		51.3	0.00 %	8.33 %	25.3 %	2.00
Macpower CNC Machines Ltd	994 Cr.	994	1,090/601	30.2	155	0.15 %	27.1 %	19.8 %	10.0
Cosmic CRF Ltd	978 Cr.	1,065	1,820/971	45.2	439	0.00 %	8.96 %	6.22 %	10.0
Kabra Extrusion Technik Ltd	899 Cr.	256	374/180		129	0.98 %	7.90 %	6.02 %	5.00
Eimco Elecon (India) Ltd	899 Cr.	1,558	3,020/1,300	19.0	778	0.33 %	16.0 %	11.8 %	10.0
Industry Average	9,286.24 Cr	1,342.52		40.36	295.05	0.36%	15.76%	13.09%	8.88

All Competitor Stocks of Walchandnagar Industries Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	72.98	112.10	67.19	87.92	55.86	91.38	79.17	67.86	59.07	53.08	49.43	51.78	80.95
Expenses	70.85	146.06	69.44	82.82	63.84	86.12	91.99	73.96	64.75	100.18	51.80	54.81	65.65
Operating Profit	2.13	-33.96	-2.25	5.10	-7.98	5.26	-12.82	-6.10	-5.68	-47.10	-2.37	-3.03	15.30
OPM %	2.92%	-30.29%	-3.35%	5.80%	-14.29%	5.76%	-16.19%	-8.99%	-9.62%	-88.73%	-4.79%	-5.85%	18.90%
Other Income	11.14	108.30	7.35	3.84	6.74	4.23	24.28	9.70	3.32	2.92	4.53	3.64	1.70
Interest	14.07	13.35	12.27	12.78	13.24	11.01	10.58	11.97	12.09	9.25	9.86	9.75	9.54
Depreciation	4.71	4.55	4.24	4.30	4.18	2.08	2.61	2.66	2.68	2.69	2.69	2.76	2.80
Profit before tax	-5.51	56.44	-11.41	-8.14	-18.66	-3.60	-1.73	-11.03	-17.13	-56.12	-10.39	-11.90	4.66
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	-5.51	56.44	-11.41	-8.14	-18.66	-3.60	-1.73	-11.03	-17.13	-56.12	-10.39	-11.90	4.66
EPS in Rs	-1.20	12.28	-2.48	-1.77	-4.06	-0.65	-0.31	-1.99	-3.09	-8.32	-1.53	-1.75	0.69

Last Updated: February 3, 2026, 2:46 pm

Below is a detailed analysis of the quarterly data for Walchandnagar Industries Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 80.95 Cr.. The value appears strong and on an upward trend. It has increased from 51.78 Cr. (Sep 2025) to 80.95 Cr., marking an increase of 29.17 Cr..
For Expenses, as of Dec 2025, the value is 65.65 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 54.81 Cr. (Sep 2025) to 65.65 Cr., marking an increase of 10.84 Cr..
For Operating Profit, as of Dec 2025, the value is 15.30 Cr.. The value appears strong and on an upward trend. It has increased from -3.03 Cr. (Sep 2025) to 15.30 Cr., marking an increase of 18.33 Cr..
For OPM %, as of Dec 2025, the value is 18.90%. The value appears strong and on an upward trend. It has increased from -5.85% (Sep 2025) to 18.90%, marking an increase of 24.75%.
For Other Income, as of Dec 2025, the value is 1.70 Cr.. The value appears to be declining and may need further review. It has decreased from 3.64 Cr. (Sep 2025) to 1.70 Cr., marking a decrease of 1.94 Cr..
For Interest, as of Dec 2025, the value is 9.54 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 9.75 Cr. (Sep 2025) to 9.54 Cr., marking a decrease of 0.21 Cr..
For Depreciation, as of Dec 2025, the value is 2.80 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.76 Cr. (Sep 2025) to 2.80 Cr., marking an increase of 0.04 Cr..
For Profit before tax, as of Dec 2025, the value is 4.66 Cr.. The value appears strong and on an upward trend. It has increased from -11.90 Cr. (Sep 2025) to 4.66 Cr., marking an increase of 16.56 Cr..
For Tax %, as of Dec 2025, the value is 0.00%. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 0.00%.
For Net Profit, as of Dec 2025, the value is 4.66 Cr.. The value appears strong and on an upward trend. It has increased from -11.90 Cr. (Sep 2025) to 4.66 Cr., marking an increase of 16.56 Cr..
For EPS in Rs, as of Dec 2025, the value is 0.69. The value appears strong and on an upward trend. It has increased from -1.75 (Sep 2025) to 0.69, marking an increase of 2.44.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 10:46 am

Metric	Sep 2013	Sep 2014	Mar 2016n n 18m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	727	638	802	398	398	364	298	326	299	322	302	259	235
Expenses	749	623	741	350	323	282	263	305	276	356	301	330	272
Operating Profit	-23	16	61	48	76	82	35	20	23	-34	1	-71	-37
OPM %	-3%	2%	8%	12%	19%	22%	12%	6%	8%	-11%	0%	-27%	-16%
Other Income	47	32	-5	4	9	25	10	25	33	128	21	40	13
Interest	42	49	91	70	77	82	88	79	71	55	50	44	38
Depreciation	18	17	34	36	33	27	23	23	22	19	15	11	11
Profit before tax	-36	-19	-69	-54	-26	-2	-65	-57	-38	20	-42	-86	-74
Tax %	7%	-33%	5%	47%	0%	0%	0%	0%	0%	0%	0%	0%
Net Profit	-38	-12	-72	-80	-26	-2	-65	-57	-38	20	-42	-86	-74
EPS in Rs	-10.06	-3.25	-18.83	-20.89	-6.78	-0.56	-17.19	-15.04	-10.00	4.26	-7.55	-12.75	-10.91
Dividend Payout %	-4%	-12%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	67.50%	92.31%	-3150.00%	12.31%	33.33%	152.63%	-310.00%	-104.76%
Change in YoY Net Profit Growth (%)	0.00%	24.81%	-3242.31%	3162.31%	21.03%	119.30%	-462.63%	205.24%

Walchandnagar Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-9%
5 Years:	-3%
3 Years:	-5%
TTM:	-27%

Compounded Profit Growth
10 Years:	%
5 Years:	-19%
3 Years:	-23%
TTM:	-207%

Stock Price CAGR
10 Years:	3%
5 Years:	27%
3 Years:	40%
1 Year:	-44%

Return on Equity
10 Years:	-17%
5 Years:	-26%
3 Years:	-25%
Last Year:	-25%

Last Updated: September 5, 2025, 1:51 pm

Balance Sheet

Last Updated: December 4, 2025, 2:13 am

Month	Sep 2013	Sep 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	8	8	8	8	8	8	8	8	8	9	11	13	14
Reserves	699	663	554	357	331	328	261	204	169	251	350	359	335
Borrowings	261	350	405	431	434	454	405	411	448	293	241	194	194
Other Liabilities	619	594	432	414	381	377	372	335	309	275	274	306	323
Total Liabilities	1,586	1,615	1,398	1,209	1,155	1,166	1,046	958	934	828	876	872	865
Fixed Assets	638	617	560	390	364	357	346	333	312	285	272	245	244
CWIP	20	4	1	1	2	5	9	4	4	2	1	8	28
Investments	31	25	0	5	3	3	0	0	0	0	0	0	0
Other Assets	896	969	837	813	786	801	692	622	617	541	602	619	593
Total Assets	1,586	1,615	1,398	1,209	1,155	1,166	1,046	958	934	828	876	872	865

Below is a detailed analysis of the balance sheet data for Walchandnagar Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 14.00 Cr.. The value appears strong and on an upward trend. It has increased from 13.00 Cr. (Mar 2025) to 14.00 Cr., marking an increase of 1.00 Cr..
For Reserves, as of Sep 2025, the value is 335.00 Cr.. The value appears to be declining and may need further review. It has decreased from 359.00 Cr. (Mar 2025) to 335.00 Cr., marking a decrease of 24.00 Cr..
For Borrowings, as of Sep 2025, the value is 194.00 Cr.. The value remains steady. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. There is no change compared to the previous period (Mar 2025) which recorded 194.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 323.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 306.00 Cr. (Mar 2025) to 323.00 Cr., marking an increase of 17.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 865.00 Cr.. The value appears to be improving (decreasing). It has decreased from 872.00 Cr. (Mar 2025) to 865.00 Cr., marking a decrease of 7.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 244.00 Cr.. The value appears to be declining and may need further review. It has decreased from 245.00 Cr. (Mar 2025) to 244.00 Cr., marking a decrease of 1.00 Cr..
For CWIP, as of Sep 2025, the value is 28.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Mar 2025) to 28.00 Cr., marking an increase of 20.00 Cr..
For Investments, as of Sep 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 0.00 Cr..
For Other Assets, as of Sep 2025, the value is 593.00 Cr.. The value appears to be declining and may need further review. It has decreased from 619.00 Cr. (Mar 2025) to 593.00 Cr., marking a decrease of 26.00 Cr..
For Total Assets, as of Sep 2025, the value is 865.00 Cr.. The value appears to be declining and may need further review. It has decreased from 872.00 Cr. (Mar 2025) to 865.00 Cr., marking a decrease of 7.00 Cr..

Notably, the Reserves (335.00 Cr.) exceed the Borrowings (194.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Sep 2013	Sep 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-38	-38	0	63	50	146	59	71	28	76	11	16
Cash from Investing Activity +	27	31	15	-10	3	-49	39	-8	26	8	4	-15
Cash from Financing Activity +	5	41	-37	-66	-55	-78	-121	-64	-54	-85	39	-1
Net Cash Flow	-6	35	-22	-14	-2	18	-24	-0	0	-1	54	-1

Free Cash Flow

Month	Mar 2016n n 18m	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2013	Sep 2014
Free Cash Flow	61.00	-383.00	-358.00	-372.00	-370.00	-391.00	-425.00	-327.00	-240.00	-265.00	-284.00	-334.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Sep 2013	Sep 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	210	231	180	330	339	231	243	235	269	210	185	99
Inventory Days	241	394	266	410	384	640	1,030	378	475	279	380	363
Days Payable	249	255	94	186	214	311	383	174	234	170	201	186
Cash Conversion Cycle	201	371	353	554	508	560	891	439	509	319	363	275
Working Capital Days	23	51	33	18	155	-22	47	-14	34	-3	0	-36
ROCE %	-4%	0%	3%	2%	6%	10%	4%	3%	2%	-5%	0%	-8%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	34.87%	34.87%	34.87%	34.84%	31.55%	31.55%	31.55%	31.53%	31.76%	31.76%	31.59%	31.59%
FIIs	0.22%	0.19%	0.03%	0.33%	0.28%	0.35%	0.31%	0.52%	0.64%	0.36%	0.38%	0.46%
DIIs	0.18%	0.18%	0.18%	0.18%	0.23%	0.15%	0.28%	0.15%	0.14%	0.70%	0.80%	0.80%
Government	0.03%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Public	64.69%	64.73%	64.88%	64.63%	67.91%	67.92%	67.84%	67.78%	67.42%	67.14%	67.20%	67.12%
No. of Shareholders	55,550	55,345	57,973	55,725	57,593	59,811	73,686	77,386	79,698	80,371	78,880	83,130

Shareholding Pattern Chart

No. of Shareholders

Walchandnagar Industries Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	-14.73	-9.04	4.26	-10.00	-15.04
Diluted EPS (Rs.)	-14.73	-9.04	4.26	-10.00	-15.04
Cash EPS (Rs.)	-11.18	-4.88	8.33	-4.16	-9.01
Book Value[Excl.RevalReserv]/Share (Rs.)	55.29	64.13	53.07	46.52	55.64
Book Value[Incl.RevalReserv]/Share (Rs.)	55.29	64.13	53.07	46.52	55.64
Revenue From Operations / Share (Rs.)	38.43	54.58	70.10	78.63	85.58
PBDIT / Share (Rs.)	-5.28	4.02	-2.69	14.40	11.77
PBIT / Share (Rs.)	-6.86	1.35	-6.75	8.56	5.73
PBT / Share (Rs.)	-12.75	-7.55	4.26	-10.01	-15.04
Net Profit / Share (Rs.)	-12.75	-7.55	4.26	-10.01	-15.04
PBDIT Margin (%)	-13.74	7.36	-3.83	18.31	13.75
PBIT Margin (%)	-17.84	2.47	-9.63	10.88	6.69
PBT Margin (%)	-33.19	-13.83	6.07	-12.72	-17.57
Net Profit Margin (%)	-33.19	-13.83	6.07	-12.72	-17.57
Return on Networth / Equity (%)	-23.06	-11.77	8.02	-21.50	-27.03
Return on Capital Employeed (%)	-9.52	1.70	-7.94	6.75	4.61
Return On Assets (%)	-9.86	-4.77	2.36	-4.07	-5.97
Long Term Debt / Equity (X)	0.13	0.00	0.20	0.96	0.49
Total Debt / Equity (X)	0.51	0.67	1.20	2.53	1.57
Asset Turnover Ratio (%)	0.29	0.35	0.36	0.31	0.32
Current Ratio (X)	1.28	1.27	1.13	1.16	1.07
Quick Ratio (X)	0.96	0.95	0.83	0.82	0.75
Inventory Turnover Ratio (X)	1.97	1.11	1.17	0.86	0.49
Interest Coverage Ratio (X)	-0.81	0.45	-0.22	0.77	0.56
Interest Coverage Ratio (Post Tax) (X)	-1.05	0.15	-0.56	0.46	0.27
Enterprise Value (Cr.)	1125.67	1251.95	482.03	593.11	524.57
EV / Net Operating Revenue (X)	4.34	4.14	1.50	1.98	1.61
EV / EBITDA (X)	-31.60	56.19	-39.00	10.82	11.71
MarketCap / Net Operating Revenue (X)	4.02	3.71	0.75	0.63	0.73
Price / BV (X)	2.79	3.16	0.99	1.08	1.13
Price / Net Operating Revenue (X)	4.02	3.71	0.75	0.63	0.73
EarningsYield	-0.08	-0.03	0.08	-0.19	-0.23

After reviewing the key financial ratios for Walchandnagar Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 2.00.
For Basic EPS (Rs.), as of Mar 25, the value is -14.73. This value is below the healthy minimum of 5. It has decreased from -9.04 (Mar 24) to -14.73, marking a decrease of 5.69.
For Diluted EPS (Rs.), as of Mar 25, the value is -14.73. This value is below the healthy minimum of 5. It has decreased from -9.04 (Mar 24) to -14.73, marking a decrease of 5.69.
For Cash EPS (Rs.), as of Mar 25, the value is -11.18. This value is below the healthy minimum of 3. It has decreased from -4.88 (Mar 24) to -11.18, marking a decrease of 6.30.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 55.29. It has decreased from 64.13 (Mar 24) to 55.29, marking a decrease of 8.84.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 55.29. It has decreased from 64.13 (Mar 24) to 55.29, marking a decrease of 8.84.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 38.43. It has decreased from 54.58 (Mar 24) to 38.43, marking a decrease of 16.15.
For PBDIT / Share (Rs.), as of Mar 25, the value is -5.28. This value is below the healthy minimum of 2. It has decreased from 4.02 (Mar 24) to -5.28, marking a decrease of 9.30.
For PBIT / Share (Rs.), as of Mar 25, the value is -6.86. This value is below the healthy minimum of 0. It has decreased from 1.35 (Mar 24) to -6.86, marking a decrease of 8.21.
For PBT / Share (Rs.), as of Mar 25, the value is -12.75. This value is below the healthy minimum of 0. It has decreased from -7.55 (Mar 24) to -12.75, marking a decrease of 5.20.
For Net Profit / Share (Rs.), as of Mar 25, the value is -12.75. This value is below the healthy minimum of 2. It has decreased from -7.55 (Mar 24) to -12.75, marking a decrease of 5.20.
For PBDIT Margin (%), as of Mar 25, the value is -13.74. This value is below the healthy minimum of 10. It has decreased from 7.36 (Mar 24) to -13.74, marking a decrease of 21.10.
For PBIT Margin (%), as of Mar 25, the value is -17.84. This value is below the healthy minimum of 10. It has decreased from 2.47 (Mar 24) to -17.84, marking a decrease of 20.31.
For PBT Margin (%), as of Mar 25, the value is -33.19. This value is below the healthy minimum of 10. It has decreased from -13.83 (Mar 24) to -33.19, marking a decrease of 19.36.
For Net Profit Margin (%), as of Mar 25, the value is -33.19. This value is below the healthy minimum of 5. It has decreased from -13.83 (Mar 24) to -33.19, marking a decrease of 19.36.
For Return on Networth / Equity (%), as of Mar 25, the value is -23.06. This value is below the healthy minimum of 15. It has decreased from -11.77 (Mar 24) to -23.06, marking a decrease of 11.29.
For Return on Capital Employeed (%), as of Mar 25, the value is -9.52. This value is below the healthy minimum of 10. It has decreased from 1.70 (Mar 24) to -9.52, marking a decrease of 11.22.
For Return On Assets (%), as of Mar 25, the value is -9.86. This value is below the healthy minimum of 5. It has decreased from -4.77 (Mar 24) to -9.86, marking a decrease of 5.09.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.13. This value is below the healthy minimum of 0.2. It has increased from 0.00 (Mar 24) to 0.13, marking an increase of 0.13.
For Total Debt / Equity (X), as of Mar 25, the value is 0.51. This value is within the healthy range. It has decreased from 0.67 (Mar 24) to 0.51, marking a decrease of 0.16.
For Asset Turnover Ratio (%), as of Mar 25, the value is 0.29. It has decreased from 0.35 (Mar 24) to 0.29, marking a decrease of 0.06.
For Current Ratio (X), as of Mar 25, the value is 1.28. This value is below the healthy minimum of 1.5. It has increased from 1.27 (Mar 24) to 1.28, marking an increase of 0.01.
For Quick Ratio (X), as of Mar 25, the value is 0.96. This value is below the healthy minimum of 1. It has increased from 0.95 (Mar 24) to 0.96, marking an increase of 0.01.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 1.97. This value is below the healthy minimum of 4. It has increased from 1.11 (Mar 24) to 1.97, marking an increase of 0.86.
For Interest Coverage Ratio (X), as of Mar 25, the value is -0.81. This value is below the healthy minimum of 3. It has decreased from 0.45 (Mar 24) to -0.81, marking a decrease of 1.26.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is -1.05. This value is below the healthy minimum of 3. It has decreased from 0.15 (Mar 24) to -1.05, marking a decrease of 1.20.
For Enterprise Value (Cr.), as of Mar 25, the value is 1,125.67. It has decreased from 1,251.95 (Mar 24) to 1,125.67, marking a decrease of 126.28.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.34. This value exceeds the healthy maximum of 3. It has increased from 4.14 (Mar 24) to 4.34, marking an increase of 0.20.
For EV / EBITDA (X), as of Mar 25, the value is -31.60. This value is below the healthy minimum of 5. It has decreased from 56.19 (Mar 24) to -31.60, marking a decrease of 87.79.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.02. This value exceeds the healthy maximum of 3. It has increased from 3.71 (Mar 24) to 4.02, marking an increase of 0.31.
For Price / BV (X), as of Mar 25, the value is 2.79. This value is within the healthy range. It has decreased from 3.16 (Mar 24) to 2.79, marking a decrease of 0.37.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.02. This value exceeds the healthy maximum of 3. It has increased from 3.71 (Mar 24) to 4.02, marking an increase of 0.31.
For EarningsYield, as of Mar 25, the value is -0.08. This value is below the healthy minimum of 5. It has decreased from -0.03 (Mar 24) to -0.08, marking a decrease of 0.05.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Walchandnagar Industries Ltd as of March 2, 2026 is: ₹158.86

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 2, 2026, Walchandnagar Industries Ltd is Overvalued by 8.17% compared to the current share price ₹173.00

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Walchandnagar Industries Ltd as of March 2, 2026 is: ₹139.58

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 2, 2026, Walchandnagar Industries Ltd is Overvalued by 19.32% compared to the current share price ₹173.00

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -12.14%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of 23.83, which is a positive sign. The company has higher reserves (373.92 cr) compared to borrowings (347.77 cr), indicating strong financial stability.	The stock has a low average ROCE of 1.08%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 445.25, which may not be favorable. The company has not shown consistent growth in sales (412.92) and profit (-42.15).

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Walchandnagar Industries Ltd:
1. Net Profit Margin: -33.19%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -9.52% (Industry Average ROCE: 15.76%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -23.06% (Industry Average ROE: 13.09%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -1.05
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.96
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 40.36)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.51
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Walchandnagar Industries Ltd. is a Public Limited Listed company incorporated on 25/11/1908 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L74999MH1908PLC000291 and registration number is 000291. Currently company belongs to the Industry of Engineering - Heavy. Company's Total Operating Revenue is Rs. 259.18 Cr. and Equity Capital is Rs. 13.49 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Engineering - Heavy	3, Walchand Terraces, Tardeo Road, Mumbai Maharashtra 400034	Contact not found

Management
Name	Position Held
Mr. Chakor L Doshi	Chairman
Mr. Chirag C Doshi	Managing Director & CEO
Mr. Giriraj Sharan Agrawal	Whole Time Director
Mr. Jayesh Dadia	Director
Mrs. Rupal Vora	Director
Mr. Prabhat Kumar	Director

FAQ

What is the intrinsic value of Walchandnagar Industries Ltd?

Walchandnagar Industries Ltd's intrinsic value (as of 01 March 2026) is ₹139.58 which is 19.32% lower the current market price of ₹173.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹1,169 Cr. market cap, FY2025-2026 high/low of ₹278/142, reserves of ₹335 Cr, and liabilities of ₹865 Cr.

What is the Market Cap of Walchandnagar Industries Ltd?

The Market Cap of Walchandnagar Industries Ltd is 1,169 Cr..

What is the current Stock Price of Walchandnagar Industries Ltd as on 01 March 2026?

The current stock price of Walchandnagar Industries Ltd as on 01 March 2026 is ₹173.

What is the High / Low of Walchandnagar Industries Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Walchandnagar Industries Ltd stocks is ₹278/142.

What is the Stock P/E of Walchandnagar Industries Ltd?

The Stock P/E of Walchandnagar Industries Ltd is .

What is the Book Value of Walchandnagar Industries Ltd?

The Book Value of Walchandnagar Industries Ltd is 51.3.

What is the Dividend Yield of Walchandnagar Industries Ltd?

The Dividend Yield of Walchandnagar Industries Ltd is 0.00 %.

What is the ROCE of Walchandnagar Industries Ltd?

The ROCE of Walchandnagar Industries Ltd is 8.33 %.

What is the ROE of Walchandnagar Industries Ltd?

The ROE of Walchandnagar Industries Ltd is 25.3 %.

What is the Face Value of Walchandnagar Industries Ltd?

The Face Value of Walchandnagar Industries Ltd is 2.00.