MarketFriction

Wendt India Ltd

NSE WENDT · BSE 505412 · Abrasives & Bearings
₹8,116.00 -2.82%
NSE close2026-10-01
52 week range5,841.50 - 9,270.50
Market cap₹1,678 Cr.
P/E99.0
Price band 20% Delivery 49.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales51.0054.5070.0749.0655.6653.4075.6052.1756.5860.7966.7871.28
Expenses38.5541.2452.5438.5142.9942.3857.2544.8949.9053.4756.0260.28
Operating Profit12.4513.2617.5310.5512.6711.0218.357.286.687.3210.7611.00
OPM %24.41%24.33%25.02%21.50%22.76%20.64%24.27%13.95%11.81%12.04%16.11%15.43%
Other Income1.671.821.821.952.781.922.111.701.301.351.181.51
Interest0.000.000.000.010.020.010.010.010.010.000.010.00
Depreciation2.132.102.262.192.272.313.303.443.563.634.093.57
Profit before tax11.9912.9817.0910.3013.1610.6217.155.534.415.047.848.94
Tax %25.35%26.04%21.71%25.44%18.77%22.60%24.84%31.65%38.78%40.87%35.08%30.87%
Net Profit8.959.6013.387.6810.698.2212.893.782.702.985.096.18
EPS in Rs44.7548.0066.9038.4053.4541.1064.4518.9013.5014.9025.4530.90
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales135146147165143137179210227234236255
Expenses112120120134124114136154171181204220
Operating Profit232627301923425756533236
OPM %17%18%18%18%13%17%24%27%25%23%14%14%
Other Income223254457965
Interest111011100100
Depreciation910101099989101515
Profit before tax161718221417375354512326
Tax %32%27%27%30%26%25%27%24%24%23%36%
Net Profit111213151013274041391517
EPS in Rs53.9060.2565.6077.0550.1563.85135.35200.45204.75197.4072.7584.75
Dividend Payout %46%41%38%39%50%47%48%40%24%25%69%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth6%12%4%8%
Compounded Profit Growth1%1%-32%-52%
Stock Price CAGR16%14%-17%-6%
Return on Equity13%15%12%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital222222222222
Reserves98105110120128136141160187210242252
Borrowings000000110010
Other Liabilities353733385045414140445652
Total Liabilities135144145160180183185204229256301306
Fixed Assets57586157555456545658100106
CWIP2622541122103
Investments211415223636376471735247
Other Assets5566677984899085100122139149
Total Assets135144145160180183185204229256301306
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity17111824331683733303422
Cash from Investing Activity-12-5-13-13-22-10-2-30-17-9-24-3
Cash from Financing Activity-6-6-6-6-7-3-6-8-16-16-9-9
Net Cash Flow-20-04331-1-05110
Free Cash Flow17111818244-2322314-219
CFO/OP82%71%87%106%139%111%56%107%77%80%80%100%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days6885779168669770708610784
Inventory Days154152145153165207181165175160162220
Days Payable14415497139163162181135121112134136
Cash Conversion Cycle77831241057011197100124134135168
Working Capital Days5674797135447552798592102
ROCE %18%16%16%16%18%10%11%23%29%25%20%8%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%37.50%37.50%37.50%37.50%37.50%
FIIs0.01%0.02%0.05%0.04%0.04%0.04%0.09%2.35%1.81%1.13%1.00%1.16%
DIIs6.82%6.82%6.78%6.78%6.73%6.72%6.71%9.17%9.63%9.83%12.76%11.96%
Public18.17%18.15%18.17%18.16%18.23%18.24%18.19%51.00%51.06%51.55%48.74%49.37%
No. of Shareholders8,8159,2169,3239,4049,5899,6259,64523,04027,57828,99926,65426,857

Fundamentals

Market Cap₹ 1,678 Cr.
Current Price₹ 8,395
Stock P/E99.0
Book Value₹ 1,269
ROCE7.82 %
ROE4.89 %
Dividend Yield0.36 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)8%
Compounded Profit Growth (TTM)-52%
Consolidated figures.
Valuation
Market capRs 1,623 Cr
Enterprise valueRs 1,595 Cr
P/E (TTM)95.76x
Price to book6.39x
Price to sales6.35x
EV / EBITDA38.43x
EV / EBIT59.85x
EV / sales6.24x
Price to cash flow74.22x
Earnings yield1.04%
Dividend yield0.62%
P/E, 3-year average60.40x
P/B, 3-year average7.51x
P/E, 5-year average52.21x
P/B, 5-year average7.56x
Profitability
Operating margin (excl. other income)13.72%
Operating margin (incl. other income)16.06%
EBITDA margin16.25%
Pre-tax margin10.27%
Net profit margin6.64%
Net margin, latest quarter8.67%
ROE5.85%
ROCE9.32%
ROA4.80%
ROE, 3-year average14.54%
ROCE, 3-year average19.75%
ROA, 3-year average11.97%
ROE, 5-year average16.84%
ROCE, 5-year average22.82%
ROA, 5-year average13.67%
ROIC (approx.)7.53%
Tax rate36.24%
Other income / net worth2.18%
Growth
Sales growth (latest year)1.11%
Profit growth (latest year)-63.15%
Sales CAGR, 3 years3.97%
Sales CAGR, 5 years11.58%
Profit CAGR, 3 years-28.67%
Profit CAGR, 5 years2.64%
Sales growth QoQ6.74%
Profit growth QoQ21.41%
Sales growth YoY (latest quarter)36.63%
Profit growth YoY (latest quarter)63.49%
Per share
EPS (TTM)Rs 84.75
EPS (latest year)Rs 72.75
EPS (latest quarter)Rs 30.90
EPS, 3-year averageRs 158.30
EPS, 5-year averageRs 162.14
Book value per shareRs 1,269.35
Sales per shareRs 1,277.15
Cash flow per shareRs 109.35
Free cash flow per shareRs 45.00
Dividend per share (latest year)Rs 50.00
Dividend per share, 3-year averageRs 50.00
Dividend per share, 5-year averageRs 59.00
Dividends
Dividend payout68.73%
Dividend payout, 3-year average39.49%
Dividend payout, 5-year average41.28%
Efficiency
Asset turnover0.77x
Fixed asset turnover2.23x
Inventory turnover2.28x
Inventory days160 days
Debtor days84 days
Debtors turnover4.36x
Creditor days136 days
Cash conversion cycle168 days
Working capital days102 days
Leverage
Cash and bankRs 28 Cr
Net debtRs -28 Cr
Net debt / EBITDA-0.68x
Interest coverage63.45x
Current ratio (filing 2026-03-31)3.88x
Quick ratio (filing 2026-03-31)2.82x
Trade payables (filing 2026-03-31)Rs 33 Cr
Owners' fund to total sources83.07%
Cash flow
Cash from Operating Activity (latest year)Rs 22 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs -9 Cr
Net Cash Flow (latest year)Rs 10 Cr
Free cash flow (latest year)Rs 9 Cr
Cash from ops / profit, 5 years0.96x
Sales to cash flow10.81x
Statement figures
Net sales (TTM)Rs 255 Cr
Net sales (latest year)Rs 236 Cr
Sales (latest quarter)Rs 71 Cr
Operating profit excl. other income (latest year)Rs 32 Cr
Operating profit (latest quarter)Rs 11 Cr
Other income (TTM)Rs 5 Cr
EBITDA (TTM)Rs 42 Cr
PBDT (TTM)Rs 41 Cr
Profit before tax (TTM)Rs 26 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 17 Cr
Net profit (latest year)Rs 15 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 15 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 121 Cr
Total expenditure (latest year)Rs 204 Cr
Total income (latest year)Rs 242 Cr
Share capitalRs 2 Cr
ReservesRs 252 Cr
Shareholders' fundsRs 254 Cr
Total assetsRs 306 Cr
Net blockRs 106 Cr
Capital work in progressRs 3 Cr
InvestmentsRs 47 Cr
ReceivablesRs 54 Cr
InventoryRs 53 Cr
Other liabilitiesRs 52 Cr
Shares outstanding (crore)0.20
Ownership
Promoter holding37.50% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 95.8 is at the 94th percentile of its own 9.4-year range (median 58.4, low 23.1, high 113.3).
P/B 6.39 is at the 51th percentile (median 6.21).
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.
PeriodWENDTNifty 50Difference
1 week-4.8%-2.8% -2.0 pts
1 month+0.1%-6.8% +6.9 pts
3 months+0.7%-7.6% +8.3 pts
6 months+37.0%+0.4% +36.6 pts
1 year-11.0%-9.9% -1.1 pts
2 years-45.8%-13.6% -32.2 pts
3 years-44.6%+14.2% -58.8 pts
5 years+89.2%+27.9% +61.3 pts
3 mutual fund schemes hold about ₹181 Cr. Over three months 0 bought more and 2 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Contra Fund0.29%136 -2%
Mirae Asset Small Cap Fund0.78%45 -13%
LIC MF Children’s Fund0.00%0 -100%

Red flags

F-score 5 of 8
lookInventory outrunning sales Inventory grew 42% vs sales +1% in 2026
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 2026
Sales ₹71 Cr +36.6% vs Jun 2025. Net profit ₹6 Cr +63.5%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-17Dividend - Rs 10 Per Share
2026-01-28Interim Dividend - Rs 20 Per Share
2025-07-14Annual General Meeting/Dividend - Rs 20 Per Share
2025-01-28Interim Dividend - Rs 30 Per Share
2024-07-12Annual General Meeting/Dividend - Rs 20 Per Share
2024-02-01Interim Dividend - Rs 30 Per Share
2023-07-13Annual General Meeting/Dividend - Rs 50 Per Share
2023-01-31Interim Dividend - Rs 30 Per Share
2022-07-13Annual General Meeting/Dividend - Rs 45 Per Share
2022-02-02Interim Dividend - Rs 20 Per Share
2021-07-14 Annual General Meetingdividend - Rs 20 Per Share
2021-02-03 Interim Dividend - Rs 10 Per Share
2020-07-15 Annual General Meeting/Dividend - Rs 25 Per Share
2019-07-11 Annual General Meeting/ Dividend - Rs 15 Per Share
2019-01-31 Interim Dividend - Rs 15 Per Share
2018-07-12 Annual General Meeting/Dividend- Rs 15 Per Share
2018-02-07 Interim Dividend - Rs 10 Per Share
2017-07-12 Annual General Meeting/Dividend - Rs 15 Per Share
2017-02-07 Interim Dividend Rs 10/- Per Share
2016-07-14 Annual General Meeting/ Dividend - Rs 15/- Per Share
2016-02-09 Interim Dividend - Rs 10/- Per Share
2015-07-09Annual General Meeting/ Dividend - Rs 15/-Per Share
2015-02-11Interim Dividend - Rs 10/- Per Share
2014-07-17Annual General Meeting / Dividend - Rs 15/- Per Share
2014-02-03Interim Dividend - Rs 10/- Per Share
2013-07-18Annual General Meeting / Dividend - Rs 15/- Per Share
2012-07-05Annual General Meeting / Dividend Rs 25 Per Share
2011-07-20Annual General Meeting And Dividend Rs.25/- Per Share
2010-07-20Dividend-Rs.25/- Per Share
2009-07-14Agm/Div-Rs.10/- Per Share
2009-03-25Interim Dividend-100% Purpose Revised
2008-07-08Agm/Div-150% +Spl Div-50%
2007-07-06Agm/Dividend-175%
DateTypeWhat it says
2026-09-11Volume querySignificant increase in volume has been observed in Wendt (India) Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-09-10Volume querySignificant increase in volume has been observed in Wendt (India) Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-08-04General UpdatesESG rating assigned by Crisil ESG Ratings & Analytics Limited
2026-08-03AppointmentAppointment of Ms Lakshmi Tulasi Inturi as Other of the company w.e.f. August 03, 2026.
2026-07-24Shareholder meetingProceedings of 44th Annual General Meeting held on July 24, 2026
2026-07-24Press ReleaseA press release dated July 24, 2026, titled "Unaudited Financial results for the quarter ended 30th June 2026".
2026-07-24Change in ManagementChange in Senior Management.
2026-07-24Board meeting outcomeWendt (India) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-02UpdatesBusiness Responsibility and Sustainability Report.
2026-07-02Shareholder meetingNotice of Annual General Meeting to be held on July 24, 2026
2026-06-23AcquisitionCapital infusion in Wholly owned subsidiary.
2026-06-19Disclosure under SEBI TakeovCarborundum Universal Ltd has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of...
2026-06-12Volume querySignificant increase in volume has been observed in Wendt (India) Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-06-12Volume querySignificant increase in volume has been observed in Wendt (India) Limited. The Exchange, in order to ensure that investors have latest relevant inform...
2026-05-30RetirementRetirement of Mr. Raghunatha Naidu B P, Head- Machines & Components business of the Company effective 30th May 2026.
2026-04-24DividendBoard of Directors at its meeting held on April 24, 2026, recommended Final Dividend of Rs. 10 per equity share.
2026-04-24Press ReleaseA press release dated April 24, 2026, titled "Audited financial results for the year ended 31st March 2026".
2026-04-24Record DateRecord date for the purpose of final Dividend is 17-Jul-2026.
2026-04-24Board meeting outcomeWendt (India) Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026 and recommendation of final dividend 20...
2026-04-01General UpdatesESG rating assigned by CFC Finlease Private Limited
2026-03-03UpdatesBoard comments on fine levied by the Exchange.
2026-03-03AppointmentAppointment of Mr. Vipin Malik as Head- Sales & Marketing of the company w.e.f. April 01, 2026.
2026-02-24Shareholder meetingNotice of Postal Ballot
2026-02-02Reply to Clarification- FinaThe Exchange had sought clarification from Wendt (India) Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing ...
2026-01-23Clarification - Financial ReThe Exchange has sought clarification from Wendt (India) Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing ...
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.
Scrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Wendt India Ltd?

Wendt India Ltd (WENDT) has a market capitalisation of Rs 1,678 Cr. at the 2026-10-01 close.

What is the P/E ratio of Wendt India Ltd?

Wendt India Ltd trades at a P/E of 99.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Wendt India Ltd's latest quarterly results?

In the Jun 2026 quarter, Wendt India Ltd sales was Rs 71 Cr (+36.6% vs Jun 2025) and net profit was Rs 6 Cr.

What is the 52-week high and low of Wendt India Ltd?

The 52-week high is Rs 9,270.50 and the 52-week low is Rs 5,841.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03