WPIL

WPIL Limited

Industrial products company in pumps and equipment space

Industrials›Capital Goods›Industrial Manufacturing›Industrial Products

wpil.co.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹439.15
Market cap
4,289 Cr
Stock P/E
25.3
P/B
2.70
Dividend yield
0.5%
ROE (FY26)
8.0%
ROCE (FY26)
13.8%
Operating margin (FY26)
15.0%
Debt / equity (FY26)
0.30
OCF / EBITDA (FY26)
60.7%
OCF / EBITDA (3Y)
-29.6%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

An industrial products company in the pumps/equipment space (per industry taxonomy) — a smaller listed name in India's capital-goods universe with limited recent disclosure in the research corpus.

Company snapshot

23rdBy market cap

Ranked among 69 companies in Industrial Products.

What we see

Positives
  • ✓Debt-to-equity of 0.30x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Over the last three years operations used more cash than they brought in, despite an operating profit — the business is not yet turning its profit into cash.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales348 Cr431 Cr591 Cr363 Cr491 Cr382 Cr572 Cr379 Cr426 Cr539 Cr511 Cr501 Cr
Operating expenses (approx.)277 Cr361 Cr489 Cr302 Cr387 Cr333 Cr492 Cr329 Cr346 Cr426 Cr435 Cr425 Cr
EBITDA71 Cr70 Cr102 Cr60 Cr104 Cr48 Cr80 Cr49 Cr80 Cr113 Cr76 Cr75 Cr
OPM %20.4%16.2%17.3%16.6%21.3%12.6%14.0%13.0%18.9%20.9%14.9%15.0%
Other income6 Cr9 Cr11 Cr12 Cr9 Cr11 Cr6 Cr9 Cr13 Cr13 Cr14 Cr12 Cr
Interest7 Cr9 Cr7 Cr8 Cr9 Cr11 Cr12 Cr11 Cr13 Cr11 Cr12 Cr9 Cr
Depreciation10 Cr8 Cr8 Cr8 Cr8 Cr8 Cr9 Cr9 Cr10 Cr10 Cr11 Cr11 Cr
Profit before tax60 Cr557 Cr92 Cr59 Cr98 Cr46 Cr65 Cr40 Cr71 Cr109 Cr67 Cr79 Cr
Tax %28.2%4.1%28.2%26.4%28.1%18.8%136.4%36.3%27.5%30.8%30.4%25.6%
Net profit43 Cr535 Cr66 Cr43 Cr70 Cr37 Cr-24 Cr26 Cr52 Cr76 Cr47 Cr59 Cr
EPS (₹)₹35.35₹353.15₹65.31₹3.96₹6.17₹3.21₹0.18₹2.29₹4.20₹5.56₹4.14₹3.47

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales716 Cr847 Cr1,156 Cr909 Cr995 Cr1,181 Cr1,785 Cr1,664 Cr1,807 Cr1,855 CrSign in free for the trailing twelve months
Operating expenses (approx.)666 Cr756 Cr922 Cr791 Cr844 Cr971 Cr1,460 Cr1,366 Cr1,514 Cr1,536 CrSign in free for the trailing twelve months
EBITDA50 Cr91 Cr234 Cr118 Cr151 Cr210 Cr325 Cr298 Cr293 Cr318 CrSign in free for the trailing twelve months
OPM %7.0%10.8%20.2%13.0%15.1%17.8%18.2%17.9%16.2%17.2%Sign in free for the trailing twelve months
Other income7 Cr22 Cr21 Cr16 Cr15 Cr9 Cr28 Cr28 Cr37 Cr50 CrSign in free for the trailing twelve months
Interest27 Cr22 Cr13 Cr21 Cr23 Cr20 Cr25 Cr31 Cr39 Cr48 CrSign in free for the trailing twelve months
Depreciation22 Cr22 Cr19 Cr38 Cr37 Cr37 Cr36 Cr30 Cr33 Cr41 CrSign in free for the trailing twelve months
Profit before tax10 Cr69 Cr223 Cr77 Cr134 Cr163 Cr295 Cr762 Cr267 Cr288 CrSign in free for the trailing twelve months
Tax %118.4%48.1%29.4%30.2%26.6%27.5%25.4%10.2%52.6%30.7%Sign in free for the trailing twelve months
Net profit-2 Cr36 Cr157 Cr54 Cr99 Cr118 Cr220 Cr684 Cr127 Cr200 CrSign in free for the trailing twelve months
EPS (₹)₹7.27₹41.03₹128.70₹57.56₹86.18₹99.65₹193.68₹486.35₹13.52₹16.19Sign in free for the trailing twelve months
Dividend payout %————7.4%8.2%4.4%5.7%15.4%-9.8%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr
Reserves249 Cr284 Cr397 Cr444 Cr533 Cr625 Cr800 Cr1,236 Cr1,362 Cr1,581 Cr
Borrowings235 Cr155 Cr122 Cr358 Cr247 Cr279 Cr226 Cr207 Cr439 Cr472 Cr
Other liabilities303 Cr544 Cr491 Cr570 Cr680 Cr823 Cr1,043 Cr865 Cr819 Cr828 Cr
Total liabilities806 Cr996 Cr1,050 Cr1,410 Cr1,517 Cr1,807 Cr2,182 Cr2,628 Cr2,932 Cr3,265 Cr
Fixed assets (net)128 Cr137 Cr128 Cr358 Cr324 Cr316 Cr365 Cr342 Cr378 Cr463 Cr
CWIP2 Cr0.0061 Cr0.64 Cr1 Cr0.56 Cr9 Cr9 Cr14 Cr9 Cr2 Cr
Investments14 Cr13 Cr14 Cr13 Cr0.84 Cr17 Cr397 Cr25 Cr32 Cr42 Cr
Loans & advances———0.56 Cr0.89 Cr0.06 Cr0.05 Cr0.05 Cr0.06 Cr2 Cr
Inventories194 Cr234 Cr196 Cr259 Cr253 Cr295 Cr342 Cr370 Cr374 Cr362 Cr
Trade receivables303 Cr354 Cr293 Cr321 Cr326 Cr427 Cr519 Cr732 Cr831 Cr996 Cr
Cash & bank23 Cr31 Cr84 Cr42 Cr91 Cr121 Cr97 Cr436 Cr118 Cr272 Cr
Other assets141 Cr228 Cr335 Cr416 Cr521 Cr621 Cr454 Cr710 Cr1,189 Cr1,126 Cr
Total assets806 Cr996 Cr1,050 Cr1,410 Cr1,517 Cr1,807 Cr2,182 Cr2,628 Cr2,932 Cr3,265 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity63 Cr173 Cr141 Cr55 Cr230 Cr115 Cr16 Cr-90 Cr-373 Cr193 Cr
Cash from investing-11 Cr-36 Cr-24 Cr-287 Cr-36 Cr-21 Cr47 Cr529 Cr1 Cr134 Cr
Cash from financing-73 Cr-116 Cr-53 Cr199 Cr-140 Cr-66 Cr-102 Cr-88 Cr40 Cr-286 Cr
Net cash flow-7 Cr7 Cr53 Cr-46 Cr49 Cr30 Cr-24 Cr356 Cr-318 Cr151 Cr
Free cash flow (OCF − Capex)50 Cr161 Cr123 Cr-65 Cr206 Cr89 Cr16 Cr-132 Cr-373 Cr193 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %7.5%20.2%42.2%11.7%18.7%18.6%28.0%45.0%14.5%13.8%
ROE %2.7%13.5%28.7%11.7%14.3%13.8%20.7%30.5%7.9%8.0%
Debtor days15415292129119132106160167195
Inventory days206206142236229199320381308304
Days payable159171156205228261442472343251
Cash conversion cycle2011877816012070-1669133248
OCF / EBITDA %125.8%190.5%60.3%46.2%152.4%54.5%4.9%-30.0%-127.3%60.7%
OCF / EBITDA % (3 years)——100.7%83.3%84.6%83.2%52.6%4.9%-48.7%-29.6%
Debt / equity0.910.530.300.790.460.440.280.170.320.30
Current ratio1.321.081.281.221.361.351.401.911.682.06
Net debt / EBITDA4.201.360.162.671.030.750.40-0.771.100.63