WPIL (WPIL)₹364.35−1.23%Industrial Products
In the Jun 2026 quarter (consolidated), WPIL reported sales of ₹501 Cr, up 32.2% from Jun 2025, and net profit of ₹59.18 Cr, up 126.9% year on year. For the year to Mar 2026, sales were ₹1,856 Cr and net profit ₹200 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 319 | 431 | 591 | 363 | 491 | 382 | 571 | 379 | 426 | 539 | 511 | 501 |
| Expenses | 252 | 361 | 489 | 302 | 388 | 333 | 493 | 329 | 346 | 426 | 436 | 425 |
| Operating Profit | 67.22 | 70.22 | 102 | 60.25 | 104 | 48.21 | 80.36 | 49.18 | 80.34 | 113 | 76.25 | 75.34 |
| OPM % | 21.0% | 16.0% | 17.0% | 17.0% | 21.0% | 13.0% | 14.0% | 13.0% | 19.0% | 21.0% | 15.0% | 15.0% |
| Other Income | 6.98 | 503 | 3.99 | 12.96 | 9.98 | 16.97 | 5.99 | 11.97 | 13.97 | 17.97 | 13.97 | 22.95 |
| Interest | 7.01 | 9.01 | 6.99 | 8.01 | 8.99 | 11.01 | 11.99 | 11.01 | 12.99 | 11.01 | 11.99 | 8.99 |
| Depreciation | 7.02 | 8.03 | 8.03 | 8.03 | 8.03 | 8.03 | 9.03 | 9.03 | 10.03 | 10.03 | 11.04 | 11.04 |
| Profit before tax | 58.87 | 555 | 91.81 | 58.85 | 97.68 | 45.86 | 64.86 | 39.88 | 70.82 | 109 | 66.81 | 78.82 |
| Tax % | 28.0% | 4.0% | 28.0% | 26.0% | 28.0% | 19.0% | 136.0% | 36.0% | 28.0% | 31.0% | 30.0% | 26.0% |
| Exceptional items | 2.01 | 494 | −8.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 43.11 | 537 | 66.19 | 43.12 | 70.16 | 37.12 | −24.06 | 26.08 | 52.17 | 76.21 | 47.08 | 59.18 |
| EPS (Rs) | 3.52 | 35.31 | 6.54 | 3.95 | 6.16 | 3.20 | 0.17 | 2.28 | 4.19 | 5.55 | 4.13 | 3.46 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 729 | 707 | 845 | 1,155 | 909 | 994 | 1,182 | 1,604 | 1,663 | 1,805 | 1,856 | 1,977 |
| Expenses | 680 | 659 | 749 | 923 | 791 | 839 | 972 | 1,339 | 1,367 | 1,516 | 1,538 | 1,635 |
| Operating Profit | 49.19 | 50.20 | 97.43 | 235 | 119 | 158 | 211 | 269 | 299 | 294 | 319 | 345 |
| OPM % | 7.0% | 7.0% | 11.0% | 20.0% | 13.0% | 16.0% | 18.0% | 17.0% | 18.0% | 16.0% | 17.0% | 17.5% |
| Other Income | 9.98 | 8.98 | 16.97 | 20.96 | 15.97 | 31.91 | 9.98 | 67.89 | 523 | 46.88 | 57.87 | 68.86 |
| Interest | 26.98 | 27.01 | 22.02 | 13.01 | 21.01 | 22.02 | 19.99 | 24.02 | 30.99 | 38.98 | 47.98 | 44.98 |
| Depreciation | 27.09 | 22.07 | 22.09 | 19.07 | 37.10 | 37.11 | 37.13 | 28.10 | 30.11 | 33.11 | 41.15 | 42.14 |
| Profit before tax | 4.99 | 9.98 | 68.78 | 222 | 76.75 | 129 | 162 | 283 | 760 | 266 | 287 | 325 |
| Tax % | 174.0% | 118.0% | 48.0% | 29.0% | 30.0% | 24.0% | 28.0% | 23.0% | 10.0% | 53.0% | 31.0% | — |
| Exceptional items | 1.01 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.01 | 1.01 | 0.00 | 0.00 |
| Net Profit | −4.01 | −2.01 | 36.09 | 157 | 54.14 | 99.26 | 118 | 220 | 686 | 127 | 200 | 235 |
| EPS (Rs) | 0.09 | 0.72 | 4.11 | 12.86 | 5.74 | 8.63 | 9.95 | 19.37 | 48.63 | 13.51 | 16.18 | 17.33 |
| Dividend payout % | 193.0% | 28.0% | 10.0% | 6.0% | 13.0% | 12.0% | 10.0% | 10.0% | 8.0% | 15.0% | 12.0% | — |
| 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 | 9.96 | 9.96 | 9.96 | 9.97 | 9.97 | 9.96 | 9.97 | 9.96 | 9.96 | 9.96 | 9.96 | 9.96 |
| Reserves | 238 | 236 | 249 | 284 | 397 | 443 | 532 | 624 | 800 | 1,234 | 1,360 | 1,578 |
| Borrowings | 103 | 268 | 272 | 173 | 138 | 377 | 312 | 316 | 258 | 220 | 466 | 501 |
| Other Liabilities | 136 | 306 | 269 | 522 | 498 | 571 | 660 | 855 | 1,134 | 1,164 | 1,095 | 1,166 |
| Total Liabilities | 487 | 819 | 799 | 988 | 1,043 | 1,401 | 1,513 | 1,805 | 2,202 | 2,628 | 2,932 | 3,255 |
| Fixed Assets | 141 | 206 | 179 | 181 | 176 | 447 | 428 | 420 | 466 | 438 | 502 | 652 |
| CWIP | 0.99 | 0.99 | 1.99 | 0.00 | 0.99 | 0.99 | 0.99 | 8.98 | 8.98 | 13.96 | 8.98 | 1.99 |
| Investments | 0.00 | 0.00 | 14.04 | 13.03 | 14.04 | 13.02 | 16.04 | 17.05 | 20.04 | 25.06 | 32.07 | 42.08 |
| Other Assets | 345 | 611 | 603 | 792 | 852 | 938 | 1,070 | 1,359 | 1,707 | 2,151 | 2,389 | 2,559 |
| Inventories | 47.09 | 202 | 194 | 194 | 197 | 260 | 254 | 297 | 343 | 371 | 368 | 363 |
| Trade receivables | 225 | 328 | 302 | 353 | 292 | 320 | 325 | 425 | 545 | 728 | 831 | 992 |
| Cash & equivalents | 29.92 | 34.91 | 24.94 | 31.93 | 92.72 | 57.85 | 152 | 213 | 259 | 627 | 446 | 524 |
| Total Assets | 487 | 819 | 799 | 988 | 1,043 | 1,401 | 1,513 | 1,805 | 2,202 | 2,628 | 2,932 | 3,255 |
| 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 | 25.99 | −96.99 | 63.02 | 182 | 141 | 55.01 | 230 | 115 | 187 | −89.95 | −150 | −92.99 |
| Cash from investing activity | −4.01 | −91.30 | 3.01 | −50.18 | −34.12 | −297 | −38.13 | −49.16 | −109 | 518 | −319 | 291 |
| Cash from financing activity | −10.03 | 193 | −72.19 | −124 | −53.10 | 200 | −143 | −35.10 | −102 | −88.19 | 151 | −46.12 |
| Net cash flow | 11.99 | 5.01 | −6.99 | 6.99 | 52.95 | −42.01 | 49.02 | 29.97 | −23.99 | 339 | −316 | 151 |
| Capex | 5.98 | 92.82 | 0.00 | 11.97 | 17.96 | 120 | 22.94 | 24.95 | 39.88 | 42.85 | 38.93 | 54.84 |
| Free cash flow | 21.08 | −190 | 64.18 | 173 | 130 | −63.23 | 245 | 90.32 | 156 | −131 | −188 | −147 |
| CFO / OP % | 56.0% | −162.0% | 154.0% | 221.0% | 81.9% | 72.0% | 157.0% | 79.9% | 92.0% | −16.0% | −43.0% | 14.0% |
| 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 | 170 | 164 | 155 | 152 | 91 | 128 | 119 | 131 | 123 | 159 | 167 | 195 |
| Inventory days | 70 | 241 | 209 | 177 | 138 | 240 | 218 | 383 | 360 | 389 | 307 | 285 |
| Days payable | 98 | 145 | 162 | 177 | 152 | 209 | 218 | 502 | 498 | 483 | 349 | 237 |
| Cash conversion cycle | 144 | 262 | 205 | 155 | 80 | 161 | 121 | 15 | −11 | 68 | 128 | 247 |
| Working capital days | 105 | 80 | 57 | 9 | 20 | 36 | 37 | 33 | 43 | 62 | 69 | 129 |
| ROCE % | 16.0% | 7.0% | 7.1% | 18.1% | 45.1% | 14.0% | 17.1% | 19.1% | 24.0% | 20.1% | 16.0% | 15.1% |
For the Jun 2026 quarter, WPIL reported sales of ₹501 Cr, up 32.2% year on year and net profit of ₹59.18 Cr, up 126.9% year on year. The operating margin was 15.0%.
WPIL's sales for the year to Mar 2026 were ₹1,856 Cr; over the last twelve months they were ₹1,977 Cr.
Net profit for the year to Mar 2026 was ₹200 Cr, and ₹235 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.33.
WPIL reported borrowings of ₹501 Cr at Mar 2026, against cash and equivalents of ₹524 Cr.
Cash from operations was −₹92.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹147 Cr.