Price
Financials
Standalone, Rs crore| 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 | 62.58 | 131.16 | 259.29 | 231.36 | 129.58 | 221.53 | 312.03 | 154.74 | 95.23 | 152.56 | 252.22 | 233.64 |
| Expenses | 61.61 | 124.23 | 245.66 | 225.18 | 126.07 | 209.94 | 294.54 | 149.64 | 90.92 | 147.53 | 238.26 | 224.58 |
| Operating Profit | 0.97 | 6.93 | 13.63 | 6.18 | 3.51 | 11.59 | 17.49 | 5.10 | 4.31 | 5.03 | 13.96 | 9.06 |
| OPM % | 1.55% | 5.28% | 5.26% | 2.67% | 2.71% | 5.23% | 5.61% | 3.30% | 4.53% | 3.30% | 5.53% | 3.88% |
| Other Income | 0.84 | 0.04 | -0.85 | 0.00 | 0.01 | 0.38 | 0.04 | 0.01 | 0.00 | 0.00 | 0.04 | 0.00 |
| Interest | 0.65 | 1.42 | 1.53 | 1.69 | 1.32 | 2.28 | 1.49 | 1.91 | 2.20 | 2.30 | 2.23 | 1.75 |
| Depreciation | 1.34 | 1.56 | 1.68 | 1.54 | 1.63 | 1.76 | 2.18 | 1.72 | 1.96 | 1.95 | 2.15 | 2.09 |
| Profit before tax | -0.18 | 3.99 | 9.57 | 2.95 | 0.57 | 7.93 | 13.86 | 1.48 | 0.15 | 0.78 | 9.62 | 5.22 |
| Tax % | -44.44% | 24.81% | 31.77% | 39.66% | 10.53% | 35.69% | 16.09% | 25.68% | -66.67% | 28.21% | 25.36% | 22.61% |
| Net Profit | -0.10 | 2.99 | 6.53 | 1.78 | 0.51 | 5.09 | 11.63 | 1.11 | 0.26 | 0.57 | 7.18 | 4.04 |
| EPS in Rs | -0.01 | 0.22 | 0.49 | 0.13 | 0.04 | 0.38 | 0.87 | 0.08 | 0.02 | 0.04 | 0.54 | 0.30 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 137 | 166 | 293 | 309 | 297 | 305 | 398 | 402 | 570 | 894 | 655 | 734 |
| Expenses | 131 | 155 | 281 | 297 | 287 | 294 | 380 | 385 | 545 | 856 | 626 | 701 |
| Operating Profit | 6 | 10 | 12 | 12 | 10 | 12 | 18 | 17 | 25 | 39 | 28 | 32 |
| OPM % | 4.3% | 6% | 4.0% | 3.9% | 3.3% | 3.8% | 4.5% | 4.3% | 4.3% | 4.3% | 4.3% | 4.4% |
| Other Income | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 0 | 2 | 2 | 2 | 3 | 3 | 4 | 7 | 9 | 8 |
| Depreciation | 2 | 2 | 2 | 3 | 3 | 4 | 5 | 5 | 6 | 7 | 8 | 8 |
| Profit before tax | 2 | 7 | 11 | 8 | 6 | 6 | 10 | 9 | 15 | 25 | 12 | 16 |
| Tax % | 1% | 24% | 25% | 24% | 20% | 20% | 27% | 29% | 30% | 25% | 24% | |
| Net Profit | 2 | 5 | 8 | 6 | 4 | 5 | 7 | 6 | 10 | 19 | 9 | 12 |
| EPS in Rs | 0.50 | 1.55 | 2.43 | 0.62 | 0.33 | 0.35 | 0.54 | 0.47 | 0.76 | 1.42 | 0.68 | 0.90 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 26% | 14% | 15% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 17% | 16% | 18% | -10% | ||
| Compounded Profit Growth | 19% | 14% | 13% | -34% | ||
| Stock Price CAGR | % | 53% | 42% | -50% | ||
| Return on Equity | 18% | 16% | 17% | 11% |
| 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 | 1 | 2 | 2 | 2 | 6 | 8 | 8 | 13 | 13 | 13 | 13 | 13 |
| Reserves | -3 | -1 | 4 | 12 | 14 | 34 | 39 | 40 | 46 | 55 | 70 | 75 |
| Borrowings | 17 | 25 | 21 | 33 | 23 | 2 | 10 | 22 | 25 | 85 | 139 | 128 |
| Other Liabilities | 28 | 26 | 40 | 79 | 87 | 119 | 140 | 150 | 148 | 200 | 212 | 197 |
| Total Liabilities | 43 | 52 | 67 | 126 | 130 | 164 | 197 | 225 | 233 | 352 | 435 | 413 |
| Fixed Assets | 13 | 13 | 14 | 16 | 25 | 23 | 34 | 34 | 34 | 55 | 61 | 59 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 30 | 39 | 53 | 110 | 106 | 136 | 163 | 191 | 199 | 298 | 374 | 354 |
| Total Assets | 43 | 52 | 67 | 126 | 130 | 164 | 197 | 225 | 233 | 352 | 435 | 413 |
| 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 | 8 | -9 | 22 | 7 | -6 | -6 | 2 | -17 | -22 | 25 | ||
| Cash from Investing Activity | -2 | -4 | -12 | -7 | -10 | -5 | -5 | -6 | -13 | -7 | ||
| Cash from Financing Activity | -6 | 12 | -10 | 9 | 8 | 10 | 3 | 27 | 55 | -15 | ||
| Net Cash Flow | -0 | 0 | 0 | 8 | -9 | 0 | 0 | 4 | 21 | 4 | ||
| Free Cash Flow | 6 | -12 | 10 | 0 | -16 | -10 | -3 | -23 | -35 | 19 | ||
| CFO/OP | 83% | -61% | 182% | 68% | -40% | -24% | 30% | -60% | -39% | 101% |
| 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 | 88 | 71 | 91 | 112 | 95 | 109 | 145 | 139 | 142 | 141 | 112 | 139 |
| Inventory Days | 72 | 36 | 27 | 21 | 31 | 50 | 49 | 39 | 44 | 47 | 28 | 42 |
| Days Payable | 168 | 86 | 107 | 112 | 135 | 195 | 212 | 173 | 168 | 138 | 90 | 116 |
| Cash Conversion Cycle | -9 | 21 | 11 | 21 | -8 | -35 | -18 | 5 | 18 | 50 | 50 | 65 |
| Working Capital Days | 9 | 32 | 28 | 0 | -4 | 8 | 17 | 20 | 28 | 23 | 12 | 22 |
| ROCE % | -6% | 20% | 33% | 29% | 22% | 16% | 15% | 19% | 15% | 16% | 17% | 9% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% | 71.79% |
| FIIs | 10.88% | 11.07% | 11.06% | 10.91% | 9.10% | 8.90% | 9.01% | 8.98% | 9.30% | 9.52% | 9.98% | 10.98% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 17.33% | 17.14% | 17.14% | 17.29% | 19.11% | 19.30% | 19.06% | 19.23% | 18.90% | 18.68% | 18.24% | 17.24% |
| No. of Shareholders | 1,912 | 1,866 | 2,440 | 4,359 | 6,280 | 11,523 | 12,247 | 11,088 | 11,310 | 10,338 | 9,850 | 14,303 |
Fundamentals
Market Cap₹ 972 Cr.
Current Price₹ 72.6
Stock P/E80.7
Book Value₹ 6.63
ROCE9.42 %
ROE10.6 %
Dividend Yield0.14 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-10%
Compounded Profit Growth (TTM)-34%
Standalone figures.
Valuation
Market capRs 961 Cr
Enterprise valueRs 1,060 Cr
P/E (TTM)79.74x
Price to book10.82x
Price to sales1.31x
EV / EBITDA32.72x
EV / EBIT43.71x
EV / sales1.44x
Price to cash flow37.78x
Earnings yield1.25%
Dividend yield0.14%
P/E, 3-year average90.27x
P/B, 3-year average14.46x
P/E, 5-year average55.57x
P/B, 5-year average8.85x
Profitability
Operating margin (excl. other income)4.34%
Operating margin (incl. other income)4.35%
EBITDA margin4.42%
Pre-tax margin2.15%
Net profit margin1.64%
Net margin, latest quarter1.73%
ROE10.59%
ROCE9.42%
ROA2.15%
ROE, 3-year average17.23%
ROCE, 3-year average14.16%
ROA, 3-year average3.48%
ROE, 5-year average15.44%
ROCE, 5-year average15.27%
ROA, 5-year average3.33%
ROIC (approx.)9.76%
Tax rate24.34%
Other income / net worth0.06%
Growth
Sales growth (latest year)-26.80%
Profit growth (latest year)-52.10%
Sales CAGR, 3 years17.62%
Sales CAGR, 5 years16.47%
Profit CAGR, 3 years13.14%
Profit CAGR, 5 years14.20%
Sales growth QoQ-7.37%
Profit growth QoQ-43.73%
Sales growth YoY (latest quarter)50.99%
Profit growth YoY (latest quarter)263.96%
Per share
EPS (TTM)Rs 0.90
EPS (latest year)Rs 0.68
EPS (latest quarter)Rs 0.30
EPS, 3-year averageRs 3.23
EPS, 5-year averageRs 3.96
Book value per shareRs 6.63
Sales per shareRs 54.75
Cash flow per shareRs 1.90
Free cash flow per shareRs 1.42
Dividend per share (latest year)Rs 0.10
Dividend per share, 3-year averageRs 0.77
Dividend per share, 5-year averageRs 0.77
Dividends
Dividend payout14.71%
Dividend payout, 3-year average18.39%
Dividend payout, 5-year average18.39%
Efficiency
Asset turnover1.58x
Fixed asset turnover11.07x
Inventory turnover9.04x
Inventory days40 days
Debtor days139 days
Debtors turnover2.63x
Creditor days116 days
Cash conversion cycle65 days
Working capital days22 days
Leverage
Total debtRs 128 Cr
Cash and bankRs 28 Cr
Net debtRs 99 Cr
Debt to equity1.44x
Net debt / EBITDA3.06x
Interest coverage2.86x
Current ratio (filing 2026-03-31)1.24x
Quick ratio (filing 2026-03-31)1.01x
Trade payables (filing 2026-03-31)Rs 177 Cr
Owners' fund to total sources21.50%
Debt to assets30.91%
Cash flow
Cash from Operating Activity (latest year)Rs 25 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs -15 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs 19 Cr
FCFE (approx.: FCF + change in debt)Rs 7 Cr
Cash from ops / profit, 5 years-0.35x
Sales to cash flow25.75x
Statement figures
Net sales (TTM)Rs 734 Cr
Net sales (latest year)Rs 655 Cr
Sales (latest quarter)Rs 234 Cr
Operating profit excl. other income (latest year)Rs 28 Cr
Operating profit (latest quarter)Rs 9 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 32 Cr
PBDT (TTM)Rs 24 Cr
Profit before tax (TTM)Rs 16 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 12 Cr
Net profit (latest year)Rs 9 Cr
Net profit (latest quarter)Rs 4 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 579 Cr
Total expenditure (latest year)Rs 626 Cr
Total income (latest year)Rs 655 Cr
Share capitalRs 13 Cr
ReservesRs 75 Cr
Shareholders' fundsRs 89 Cr
Total assetsRs 413 Cr
Net blockRs 59 Cr
InvestmentsRs 0 Cr
ReceivablesRs 249 Cr
InventoryRs 64 Cr
Other liabilitiesRs 197 Cr
Shares outstanding (crore)13.40
Ownership
Promoter holding71.79% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 79.7 is at the 61th percentile of its own 7.2-year range
(median 47.1, low 13.1, high 240.7).
P/B 10.82 is at the 63th percentile (median 5.99).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | WEL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.3% | -2.8% | -0.6 pts |
| 1 month | -11.3% | -6.8% | -4.5 pts |
| 3 months | -31.7% | -7.6% | -24.1 pts |
| 6 months | -25.3% | +0.4% | -25.7 pts |
| 1 year | -52.1% | -9.9% | -42.2 pts |
| 2 years | -53.4% | -13.6% | -39.8 pts |
| 3 years | +180.1% | +14.2% | +165.9 pts |
| 5 years | +400.3% | +27.9% | +372.5 pts |
Red flags
F-score 5 of 8| explain | Weak cash conversion Cash from operations was -35% of net profit over the last 3 years |
| look | Auditor change Auditor change 2026-08-12: Wonder Electricals Limited has informed the Exchange regarding Change in Auditors of the company. |
| look | On NSE surveillance On NSE surveillance: ASM long-term |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹234 Cr +51.0% vs Jun 2025.
Net profit ₹4 Cr +264.0%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| LG Electronics India Ltd | 118,052 | 64.7 | 32.3 % |
| Voltas Ltd | 36,066 | 77.2 | 9.04 % |
| Blue Star Ltd | 31,449 | 59.4 | 21.2 % |
| Amber Enterprises India Ltd | 23,300 | 113 | 10.3 % |
| Crompton Greaves Consumer Electricals Ltd | 13,610 | 30.0 | 19.0 % |
| V-Guard Industries Ltd | 13,415 | 35.3 | 18.4 % |
| Whirlpool of India Ltd | 11,269 | 41.3 | 10.7 % |
| TTK Prestige Ltd | 7,311 | 35.3 | 12.1 % |
| Eureka Forbes Ltd | 7,022 | 35.1 | 5.86 % |
| Bosch Home Comfort India Ltd | 5,260 | 261 | 4.78 % |
| IFB Industries Ltd | 4,866 | 31.1 | 18.2 % |
| Symphony Ltd | 3,993 | 1,026 | 20.6 % |
| Bajaj Electricals Ltd | 3,574 | 2.89 % | |
| Orient Electric Ltd | 3,340 | 28.0 | 19.9 % |
| Carysil Ltd | 3,006 | 27.9 | 18.0 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-02-20 | Interim Dividend - Re 0.10 Per Share | |
| 2025-09-18 | Dividend - Re 0.10 Per Share | |
| 2025-02-07 | Interim Dividend - Re 0.10 Per Share | |
| 2024-11-12 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2024-09-17 | Dividend - Re 1 Per Share | |
| 2024-03-14 | Interim Dividend - Re 1 Per Share |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Long Term Additional Surveillance Measure (Long Term ASM): stage 1Scrip PE is greater than 50 (4 trailing quarters)