Wendt (India) Limited
NSE: WENDT · Abrasives & Bearings · sector
₹7,138.00NSE close 2026-10-26
Key numbers
Market cap₹1,428 cr
Price₹7,138.00
52w high / low₹9,199 / ₹5,842
P/E72.3xSector median 51.8x
P/B5.4xSector median 6.3x
Book value₹1,321.0
Dividend yield0.56%Sector median 0.75%
ROE7.7%Sector median 11.2%
ROCE11.2%Sector median 11.2%
OPM14.6%Sector median 9.5%
Debt / equity0.00xSector median 0.01x
EV/EBITDA34.0xSector median 40.0x
Interest cover1,483.5x
Current ratio4.10x
Sales growth 3y+4.0%Sector median +3.9%
Profit growth 3y-28.7%Sector median -22.2%
PEG–
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 7 companies in Abrasives & Bearings (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹76 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 1,483.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 3 of the last 5 years (FY25, FY24, FY23).
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 25% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹7,138.00 on 2026-10-26: -22.4% from the 52-week high, +22.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹17,214.85 · low ₹6,159.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 53 | 76 | 52 | 57 | 61 | 67 | 71 | 73 |
| EBITDA | 11 | 18 | 7 | 7 | 7 | 11 | 11 | 11 |
| OPM % | 20.6% | 24.3% | 14.0% | 11.8% | 12.0% | 16.1% | 15.4% | 14.6% |
| Other income | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 1 |
| Net profit | 8 | 13 | 4 | 3 | 3 | 5 | 6 | 5 |
| EPS (₹) | 41.10 | 64.45 | 18.93 | 13.47 | 14.90 | 25.45 | 30.90 | 27.45 |
| Revenue YoY | +13.8% | -11.7% | +36.6% | +28.2% | ||||
| Profit YoY | -63.7% | -60.5% | +63.5% | +103.3% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 179 | 210 | 227 | 234 | 236 | 271 |
| EBITDA | 42 | 56 | 56 | 53 | 32 | 40 |
| Net profit | 27 | 40 | 41 | 39 | 15 | 20 |
| EPS (₹) | 135.34 | 200.45 | 204.77 | 197.43 | 72.75 | 98.70 |
| Revenue growth | +17.6% | +7.9% | +3.0% | +1.1% | +14.1% | |
| Profit growth | +48.1% | +2.1% | -3.6% | -63.1% | -28.4% | |
| Dividend / share (₹) | 40.00 | 75.00 | 80.00 | 50.00 | 40.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +4.0% | +11.6% | +14.1% |
| Net profit | -28.7% | +2.6% | -28.5% |
| EPS | -28.7% | +2.7% | – |
| Share price | – | -31.9% (2y) | -18.9% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 189 | 212 | 244 | 254 |
| Borrowings | – | 0 | 0 | 1 | 0 |
| Cash & equivalents | – | 84 | 91 | 70 | 76 |
| Total assets | – | 229 | 256 | 301 | 306 |
| Fixed assets | – | 56 | 58 | 65 | 74 |
| Capital work in progress | – | 2 | 2 | 10 | 3 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 40 | 54 | 68 | 54 |
| Inventory | – | 34 | 36 | 37 | 53 |
| Payables | – | 24 | 25 | 31 | 33 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 37 | 33 | 30 | 34 | 22 |
| Cash from investing | -30 | -18 | -8 | -26 | -5 |
| Cash from financing | -8 | -16 | -16 | -9 | -9 |
| Capex | 5 | 10 | 16 | 55 | 13 |
| Free cash flow | 32 | 23 | 13 | -22 | 9 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 21.2% | 19.3% | 16.2% | 5.7% |
| ROCE % | – | 28.1% | 25.6% | 20.9% | 9.0% |
| Debtor days | – | 70 | 86 | 107 | 84 |
| Inventory days | – | 175 | 160 | 162 | 220 |
| Payable days | – | 121 | 112 | 134 | 136 |
| Cash conversion cycle (days) | – | 124 | 134 | 135 | 168 |
| Working capital days | – | 226 | 236 | 202 | 222 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 37.50% |
| FIIs | 0.50% |
| DIIs | 11.95% |
| of which Mutual funds | 11.05% |
| Public (non-institutions) | 50.05% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 75.00% | 75.00% | 37.50% | 37.50% | 37.50% | 37.50% | 37.50% | 37.50% |
| Promoter group | % |
|---|---|
| Carborundum Universal Limited | 37.50% |
| Public holders above 1% | % |
|---|---|
| SBI Contra Fund | 8.32% |
| Mirae Asset Small CAP Fund | 2.74% |
| Mukul Mahavir Agrawal | 2.50% |
26,429 shareholders. Pledged: 0.00% of promoter shares.
Peers in Abrasives & Bearings
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| CARBORUNIV | ₹21,511 cr | 102.0x | 5.5x | 5.6% | 7.2% | 8.5% | +3.8% | 0.47% |
| TIMKEN | ₹20,757 cr | 49.2x | 7.1x | 14.7% | 19.6% | 18.4% | +7.4% | 1.30% |
| GRINDWELL | ₹20,328 cr | 46.6x | 8.0x | 18.2% | 22.8% | 18.9% | +6.5% | 0.93% |
| SKFINDUS | ₹11,839 cr | 54.4x | 8.0x | 14.7% | 15.0% | 5.6% | – | – |
| WENDT | ₹1,428 cr | 72.3x | 5.4x | 7.7% | 11.2% | 14.6% | +4.0% | 0.56% |
| GALXBRG | ₹310 cr | 38.7x | 2.8x | 3.4% | 5.6% | 9.5% | -17.1% | – |
| NIBL | ₹70 cr | – | – | – | -22.1% | -16.2% | -2.1% | – |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Super Abrasives | ₹149 cr | 63.5% | ₹28 cr | 19.1% |
| Machines and Accessories | ₹34 cr | 14.5% | ₹-14 cr | -40.2% |
| Precision Products | ₹30 cr | 12.8% | ₹2 cr | 5.1% |
| Others | ₹22 cr | 9.2% | ₹2 cr | 9.9% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-17 | Dividend | Dividend - Rs 10 Per Share |
| 2026-01-28 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2025-07-14 | Dividend | Annual General Meeting/Dividend - Rs 20 Per Share |
| 2025-01-28 | Dividend | Interim Dividend - Rs 30 Per Share |
| 2024-07-12 | Dividend | Annual General Meeting/Dividend - Rs 20 Per Share |
| 2024-02-01 | Dividend | Interim Dividend - Rs 30 Per Share |
| 2023-07-13 | Dividend | Annual General Meeting/Dividend - Rs 50 Per Share |
| 2023-01-31 | Dividend | Interim Dividend - Rs 30 Per Share |
| 2022-07-13 | Dividend | Annual General Meeting/Dividend - Rs 45 Per Share |
| 2022-02-02 | Dividend | Interim Dividend - Rs 20 Per Share |
| 2021-07-14 | Dividend | Annual General Meetingdividend - Rs 20 Per Share |
| 2021-02-03 | Dividend | Interim Dividend - Rs 10 Per Share |
| 2020-07-15 | Dividend | Annual General Meeting/Dividend - Rs 25 Per Share |
| 2019-07-11 | Dividend | Annual General Meeting/ Dividend - Rs 15 Per Share |
| 2019-01-31 | Dividend | Interim Dividend - Rs 15 Per Share |
| 2018-07-12 | Dividend | Annual General Meeting/Dividend- Rs 15 Per Share |
| 2018-02-07 | Dividend | Interim Dividend - Rs 10 Per Share |
| 2017-07-12 | Dividend | Annual General Meeting/Dividend - Rs 15 Per Share |
| 2017-02-07 | Dividend | Interim Dividend Rs 10/- Per Share |
| 2016-07-14 | Dividend | Annual General Meeting/ Dividend - Rs 15/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacture of Super Abrasives Grinding wheels: Sale of Super Abrasives grinding wheels
- Manufacture of Special purpose Grinding and Honing Machines: Sale and services of Machines including spares
- Manufacture of Precision components: Sale of Precision components
| Sector | Industrials |
| Industry | Abrasives & Bearings |
| Sub-industry | Abrasives & Bearings |
| Symbol | WENDT |
| BSE code | 505412 |
| ISIN | INE274C01019 |
| Face value | ₹10.0 |
| Incorporated | 1980-08-21 |
| Website | https://www.wendtindia.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.