Wonder Electricals Limited (WEL) AI Stock Analysis

Wonder Electricals Limited

(NSE:WEL)

Select Model

Rating:54Neutral

Price Target:INR 82.00▲(16.63% Upside)

Action:reiterated

Date:09/09/26

The overall score reflects a business with historically strong growth and improving profitability but now facing a clear setback in revenue and earnings, increased balance‑sheet risk from higher debt, and uneven cash generation. These fundamentals are compounded by weak technicals, with the stock in a decisive downtrend and oversold territory, and an expensive valuation characterized by a high P/E and minimal dividend yield, which together keep the score in the lower‑mid range despite the company’s earlier growth track record.

Positive Factors

Strong multi-year revenue expansionThe reported multi-year revenue expansion indicates improving scale and demand, which can strengthen market presence and operating leverage over the next several quarters. Continued top-line growth provides a foundation for reinvestment, although the company still needs to convert that growth into more durable profits.

Negative Factors

Materially higher leverageThe sharp rise in debt materially increases financial risk and reduces flexibility if earnings weaken or investment needs remain high. With debt roughly matching equity, more future cash generation may be required for servicing obligations, limiting the funds available for expansion and resilience.

Wonder Electricals Limited (WEL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 9.41B
Dividend Yield: 0.28%
Average Volume (3M): 139.40K
Price to Earnings (P/E): 77.9
Beta (1Y): 1.16
Revenue Growth: -10.31%
EPS Growth: -24.66%
Country: India
Employees: 178
Sector: General
Sector Strength: 55
Industry: Furnishings, Fixtures & Appliances

Wonder Electricals Limited Business Overview & Revenue Model

Company Description

Wonder Electricals Limited, headquartered in New Delhi, India, specializes in the production and distribution of various fan types. Its product portfolio for the Indian market encompasses ceiling, exhaust, pedestal, and advanced TPW and BLDC models....

Wonder Electricals Limited Financial Statement Overview

Summary

Strong multi‑year revenue growth and improving margins are offset by a sharp recent drop in sales and net income, higher leverage as debt now exceeds equity, and a historically weak and volatile cash‑flow profile despite the latest year’s improvement.

Income Statement

72Positive

Balance Sheet

65Positive

Cash Flow

48Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2022
Income Statement
Total Revenue	3.92B	6.55B	8.79B	5.62B	3.92B	3.98B
Gross Profit	322.28M	272.77M	767.36M	484.14M	316.80M	331.95M
EBITDA	216.16M	284.54M	389.69M	245.92M	178.18M	172.32M
Net Income	118.84M	91.14M	190.17M	101.56M	72.77M	62.91M
Balance Sheet
Total Assets	3.03B	4.15B	4.11B	3.52B	2.25B	2.33B
Cash, Cash Equivalents and Short-Term Investments	41.24M	285.57M	4.07M	43.69M	1.87M	3.15M
Total Debt	922.88M	1.13B	991.98M	645.81M	218.00M	250.26M
Total Liabilities	2.02B	3.10B	3.08B	2.65B	1.71B	1.73B
Stockholders Equity	1.01B	1.05B	1.03B	878.70M	535.44M	596.16M
Cash Flow
Free Cash Flow	-348.63M	173.17M	-352.08M	-239.15M	-104.01M	-32.16M
Operating Cash Flow	-214.06M	254.41M	-216.09M	-173.94M	-57.40M	23.54M
Investing Cash Flow	-131.81M	-78.15M	-132.55M	-59.02M	-45.72M	-52.34M
Financing Cash Flow	383.55M	-139.72M	309.02M	272.36M	103.23M	30.08M

Wonder Electricals Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price70.31

Price Trends

50DMA83.39Negative

100DMA96.05Negative

200DMA108.13Negative

Market Momentum

MACD-3.16Negative

RSI37.62Neutral

STOCH48.43Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:WEL, the sentiment is Negative. The current price of 70.31 is below the 20-day moving average (MA) of 72.32, below the 50-day MA of 83.39, and below the 200-day MA of 108.13, indicating a bearish trend. The MACD of -3.16 indicates Negative momentum. The RSI at 37.62 is Neutral, neither overbought nor oversold. The STOCH value of 48.43 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:WEL.

Wonder Electricals Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:WEL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:BUTTERFLY	62Neutral	INR 10.02B	19.57	―	―	11.34%	25.77%
IN:ORIENTELEC	62Neutral	INR 38.56B	30.82	―	0.83%	16.93%	41.82%
IN:CROMPTON	61Neutral	INR 123.60B	-70.16	―	1.56%	12.09%	-137.18%
IN:BAJAJELEC	60Neutral	INR 30.93B	-113.26	―	1.12%	-4.73%	-126.31%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:WEL	54Neutral	INR 9.42B	77.86	―	0.28%	-10.31%	-24.66%
IN:WHIRLPOOL	53Neutral	INR 103.26B	41.18	―	0.61%	6.03%	-30.48%

* General Sector Average

Performance Comparison

IN:WEL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:WEL	Wonder Electricals Limited	70.31	-80.63	-53.42%
IN:BAJAJELEC	Bajaj Electricals Limited	267.95	-230.56	-46.25%
IN:BUTTERFLY	Butterfly Gandhimathi Appliances Limited	560.15	-192.65	-25.59%
IN:CROMPTON	Crompton Greaves Consumer Electricals Ltd.	191.95	-88.82	-31.63%
IN:ORIENTELEC	Orient Electric Ltd.	180.70	-30.92	-14.61%
IN:WHIRLPOOL	Whirlpool Of India Limited	813.90	-554.35	-40.52%

Wonder Electricals Limited Corporate Events

Wonder Electricals Asked to Clarify March-Quarter Financial Results

Jun 24, 2026

The stock exchange has requested clarification from Wonder Electricals Limited regarding its financial results for the quarter ended 31 March 2026, specifically in relation to compliance with Regulation 33 under SEBI’s Listing Obligations and D...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Sep 09, 2026

Wonder Electricals Limited AI Stock Analysis