Walchandnagar Industries Limited (WALCHANNAG) AI Stock Analysis

• Market Cap: ₹11.75B
• Dividend Yield: N/A
• Average Volume (3M): 25.39K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.02
• Revenue Growth: -27.01%
• EPS Growth: -119.93%
• Country: IN
• Employees: 1,508
• Sector: Industrials
• Sector Strength: 72
• Industry: Engineering & Construction
• EPS (TTM): -1.54
• Shares Outstanding: 67,826,454
• 10 Day Avg. Volume: 28,068
• 30 Day Avg. Volume: 25,394
• PEG Ratio: -0.18
• Price to Book (P/B): 2.55
• Price to Sales (P/S): 3.22
• P/FCF Ratio: -49.93
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: ₹169.00 ▼(-3.76% Downside)

The overall stock score of 47 reflects significant challenges in financial performance and technical analysis. The company's high leverage and consistent net losses are major concerns. Technical indicators show bearish momentum, and valuation metrics are weak due to negative earnings. Improved cash reserves offer some stability, but strategic improvements are needed to enhance profitability and investor confidence.

Walchandnagar Industries Limited Business Overview & Revenue Model

Company Description

Walchandnagar Industries Limited operates as a heavy engineering and project execution company worldwide. The company offers booster motor casings and nozzles for aerospace applications; design, engineering, manufacture, supply, project management, and supervision services of cement plant equipment and clinker grinding units, as well as custom made solutions for modernization/retrofitting of existing plant; strategic articles, tactical missiles, and platform based equipment to the defense sector; high and low speed, planetary, and marine gear boxes; and mechanical precision instruments and components, including pressure and temperature gauges, pressure transmitters, pressure switches, thermowells, diaphragm seals, and accessories under the TIWIN brand name. It also provides 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. In addition, the company manufactures grey and ductile iron castings; offers consulting engineering services in the areas of nuclear and thermal plants, oil and gas engineering, submarines and ships, design engineering and complex projects, special purpose machines, and research and development projects; and supplies machinery and equipment for nuclear power generation plants. Walchandnagar Industries Limited was incorporated in 1908 and is based in Mumbai, India.

How the Company Makes Money

WALCHANNAG generates revenue through multiple streams, primarily by manufacturing and selling specialized engineering products such as sugar and cement machinery, defense equipment, and aerospace components. The company also engages in project engineering and execution, which includes providing end-to-end solutions for industrial projects. Key revenue streams include direct sales to end-users, contracts with government and defense agencies, and partnerships with leading firms in various industries. Additionally, WALCHANNAG benefits from long-term contracts and repeat business from established clients, enhancing its revenue stability. The company’s strategic collaborations and alliances with international firms further bolster its market position and revenue potential.

Walchandnagar Industries Limited Financial Statement Overview

Summary

Walchandnagar Industries Limited shows mixed financial health. The income statement reveals declining revenue and persistent net losses, despite slight improvements in gross profit and EBIT margins. The balance sheet indicates moderate stability with increased cash reserves, but high leverage poses risks. Cash flow analysis highlights volatility and negative free cash flow, suggesting challenges in cash management.

Income Statement

The income statement shows mixed performance with a decline in total revenue from previous years, yet a slight improvement in gross profit margin. The net income has been consistently negative, and the net profit margin remains poor. The revenue growth rate also indicates a contraction, signaling challenges in driving top-line growth. The EBIT margin has improved, but EBITDA margin is negative, highlighting issues with operational efficiency.

Balance Sheet

The balance sheet reflects moderate stability with a decent equity ratio, but the high debt-to-equity ratio suggests potential financial risk due to leverage. The return on equity is negative due to persistent net losses. However, the company has increased its cash reserves, which enhances liquidity and provides a buffer against financial uncertainties.

Cash Flow

Cash flow analysis indicates volatility with a decline in free cash flow compared to prior years. The operating cash flow to net income ratio shows positive cash generation capabilities despite negative net income, but free cash flow has turned negative, suggesting cash management challenges. The company needs to focus on improving cash flow efficiency and reducing negative cash flow impacts from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.32B	2.95B	3.02B	3.22B	2.96B	3.26B
Gross Profit	1.03B	1.45B	1.30B	1.14B	1.36B	1.47B
EBITDA	-408.10M	-356.20M	225.20M	933.00M	423.60M	449.10M
Net Income	-946.70M	-860.30M	-418.30M	195.80M	-380.70M	-572.40M
Balance Sheet
Total Assets	0.00	8.72B	8.76B	8.28B	9.34B	9.58B
Cash, Cash Equivalents and Short-Term Investments	554.10M	1.09B	603.30M	56.10M	62.60M	71.60M
Total Debt	0.00	1.94B	2.41B	2.93B	4.48B	4.11B
Total Liabilities	-3.73B	4.99B	5.14B	5.67B	7.57B	7.46B
Stockholders Equity	3.73B	3.73B	3.61B	2.61B	1.77B	2.12B
Cash Flow
Free Cash Flow	0.00	-190.30M	90.30M	745.60M	252.60M	645.10M
Operating Cash Flow	0.00	156.20M	107.50M	761.30M	283.50M	711.70M
Investing Cash Flow	0.00	-154.70M	39.30M	80.80M	255.30M	-78.40M
Financing Cash Flow	0.00	-9.30M	392.70M	-853.70M	-538.60M	-636.20M

Walchandnagar Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 175.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WALCHANNAG, the sentiment is Negative. The current price of 175.6 is below the 20-day moving average (MA) of 177.69, below the 50-day MA of 187.78, and below the 200-day MA of 199.43, indicating a bearish trend. The MACD of -4.94 indicates Negative momentum. The RSI at 43.01 is Neutral, neither overbought nor oversold. The STOCH value of 54.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:WALCHANNAG.

Walchandnagar Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
CCCL	59 Neutral	₹9.36B	7.75	―	―	35.46%	-85.85%
DREDGECORP	56 Neutral	₹25.43B	-131.20	―	―	38.31%	-78.27%
TEXINFRA	52 Neutral	₹13.00B	-309.15	―	0.15%	-1.12%	-177.91%
SIMPLEXINF	51 Neutral	₹22.87B	66.42	―	―	-20.46%	-63.50%
WALCHANNAG	47 Neutral	₹11.75B	-11.60	―	―	-27.01%	-119.93%

Walchandnagar Industries Limited Corporate Events

Walchandnagar Industries Reports AGM Voting Outcomes

Walchandnagar Industries Limited announced the results of its 116th Annual General Meeting held on August 14, 2025. The meeting included remote e-voting and e-voting during the AGM, with resolutions passed by shareholders. This announcement reflects the company’s adherence to regulatory requirements and engagement with its stakeholders, potentially impacting its governance and operational transparency.