# Walchandnagar Industries share price today (Walchandnagar Industries Ltd, NSE: WALCHANNAG)

> Walchandnagar Industries share price today: ₹180.70 at the NSE close on 3 November 2026, up 1.8% in a year. Walchandnagar Industries (NSE: WALCHANNAG) is worth ₹1,230 crore, trades at a P/E of 51.5 and has closed between ₹139.11 and ₹312.05 over the past 52 weeks. > Walchandnagar Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. WALCHANNAG · Capital Goods - Engineering Heavy · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/walchandnagar-industries-ltd

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Price: ₹180.70 (+1.8% in a year)
- P/E: 51.5×, too little history to compare yet
- Revenue (Jun 2026): ₹90.8 Cr (+83.8% on a year ago)
- Profit (Jun 2026): ₹1.2 Cr
- Operating margin: 8.1% (+12.9 points on a year ago)
- ROCE: 4%, FY26

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Walchandnagar Industries share price today? Walchandnagar Industries Ltd's share price was ₹180.70 at the close on 3 November 2026. It has been falling for 2 weeks. That is 14.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹139 and ₹312, and at that close it sat 24% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 17 weeks running. Over the last 11 years the share price moved +30% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 10 July 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Walchandnagar Industries this quarter? 9 points on a year earlier, indian funds and insurers (DIIs) cut their stake for 3 quarters in a row and number of shareholders up 29% in a year. 1. Operating margin up 12.9 points on a year earlier 8.1% in the June 2026 quarter, from -4.8%. 2. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row From 0.8% to 0.2% of the company by the September 2026 quarter. 3. Number of shareholders up 29% in a year 1,01,727 shareholders in the September 2026 quarter, against 78,880 a year earlier. ## What are Walchandnagar Industries' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Walchandnagar Industries reported revenue of ₹90.8 crore, up 83.8% from ₹49.4 crore a year earlier, and a profit of ₹1.18 crore, against a loss of ₹10.4 crore a year earlier. ### Walchandnagar Industries results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹90.8 crore | ₹49.4 crore | +83.8% |
| Profit | ₹1.18 crore | loss of ₹10.4 crore | n/a |
| Earnings per share | ₹0.17 | ₹−1.53 | n/a |
| Operating margin | 8.1% | −4.8% | +12.9 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Walchandnagar Industries share price history? Walchandnagar Industries closed at ₹180.70 on 3 November 2026, up 1.8% from ₹177.43 a year earlier (31 October 2025) and up 231.0% over five years. Its highest weekly close since March 2016 was ₹417.80 on 2 August 2024. ### Walchandnagar Industries share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹187.75 | −3.8% |
| 1 month ago · 1 Oct 2026 | ₹196.20 | −7.9% |
| 6 months ago · 30 Apr 2026 | ₹235.02 | −23.1% |
| 1 year ago · 31 Oct 2025 | ₹177.43 | +1.8% |
| 3 years ago · 3 Nov 2023 | ₹162.00 | +11.5% |
| 5 years ago · 4 Nov 2021 | ₹54.60 | +231.0% |
| 10 years ago · 4 Nov 2016 | ₹150.65 | +19.9% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹139.45 | +29.6% |
| Highest weekly close since March 2016 · 2 Aug 2024 | ₹417.80 | −56.7% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹24.85 | +627.2% |
| 52-week high (weekly close) · 19 Jun 2026 | ₹312.05 | −42.1% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹139.11 | +29.9% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Walchandnagar Industries? 3 Nov 2026: Walchandnagar Industries closed at ₹180.70, down 3.8% on the week and down 7.9% on the month. Results for April to June 2026: Revenue up 83.8% on a year earlier. ## What dividend does Walchandnagar Industries pay? Walchandnagar Industries has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. Walchandnagar Industries Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Walchandnagar Industries management say on the latest results call? Walchandnagar Industries' management made 0 promises we could check against what it later reported. (Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What is the future of Walchandnagar Industries? What is changing in the business? What is changing at Walchandnagar Industries, from the latest results and calls: nuclear shanti act + bsr programme, revenue recovery and execution improvement and balance sheet repair. - Nuclear SHANTI Act + BSR Programme. SHANTI Act (Dec 2025) opened nuclear to private sector; 50 planned BSR 220 MWe plants represent ₹35,000 Cr addressable equipment pool for WIL at ₹700 Cr/plant per management estimates. ⚠ estimate
- Revenue Recovery and Execution Improvement. Revenue recovered to ₹93 Cr in January to March 2026 (highest in recent history, +75% on a year earlier) after trough of ₹49 Cr in April to June 2025; FY26 full-year ₹275 Cr vs ₹259 Cr in FY25. ⚠ estimate
- Balance Sheet Repair. Long-term debt reduced from ₹170 Cr (FY22) to ₹51.44 Cr (FY25), ₹118 Cr deleveraging over 4 years while absorbing ₹180+ Cr of cumulative losses. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown. (Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What is Walchandnagar Industries' order book? No order book data disclosed in January to March 2026 results, last known figure ₹938 Cr as of March 2024; critical gap for a project-execution business. - Last disclosed order book ₹938 Cr (March 2024) has not been updated for 5 quarters; without order book visibility the Q4 revenue level cannot be projected forward. ⚠ estimate

(Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## What could change the Walchandnagar Industries story? What are the risks? January to March 2026 profit of ₹2.94 Cr was entirely explained by ₹10.19 Cr other income, core EBIT ex-other-income remained negative. ### The main risks

- : January to March 2026 profit of ₹2.94 Cr was entirely explained by ₹10.19 Cr other income, core EBIT ex-other-income remained negative. ⚠ estimate
- : No order book data disclosed; revenue ranged ₹49-93 Cr per quarter in FY26 (1.9× swing) with no forward visibility to assess sustainability. ⚠ estimate
- : Aicitta acquisition (₹16 Cr, 60.3% stake) announced March 2025 and exited within 12 months, signals capital allocation discipline issues. ✓ fact

(Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.)

## Which stock lists is Walchandnagar Industries on? Walchandnagar Industries is not on any of our India lists this week. ## Is Walchandnagar Industries profitable? Walchandnagar Industries Ltd earned ₹1.2 Cr of net profit in the Jun 2026 quarter. The full FY26 year was a loss of ₹15.0 Cr. That is 1.3% of the quarter's revenue. The same quarter a year earlier lost ₹10.4 Cr. 9 of the last 12 reported quarters were loss-making. ## How much revenue does Walchandnagar Industries make, and is it growing? Walchandnagar Industries Ltd reported ₹90.8 Cr of revenue in the Jun 2026 quarter, +83.8% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown −10.2% a year on average. The last full year, FY26, came in at ₹275 Cr. The last four reported quarters add to ₹317 Cr. FY26 revenue was ₹275 Cr, +6.2% on the year before. Recent pace: the last four quarters grew +43.1% on average, against −10.2% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +38.0%, against +0.4% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does Walchandnagar Industries keep? Walchandnagar Industries Ltd's operating margin was 8.1% in the Jun 2026 quarter, 12.9 percentage points higher than the same quarter a year ago. Across 13 years it has been between −27.0% and 22.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +12.9 percentage points on the year while gross margin changed −6.9 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Walchandnagar Industries' profit turning into cash? Walchandnagar Industries Ltd's cash-flow history is too short to judge how much of its profit turns into cash. In FY26 its operations used ₹11.0 Cr of cash, against −₹15.0 Cr of profit. After ₹39.0 Cr of spending on assets, free cash was −₹50.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Walchandnagar Industries' cash go? Walchandnagar Industries Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹275 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹31.0 Cr on assets over the last 3 years. Averaged over those years that is 3.8% of FY26 revenue a year. Spending on assets: ₹31.0 Cr over the last 3 years, against ₹37.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹17.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Walchandnagar Industries' P/E ratio, and how does it compare with its own history? Walchandnagar Industries Ltd's P/E is 51.5×, with too little history to compare. Its usual P/E (the middle reading) is 53.5×, over 4 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Walchandnagar Industries business getting better or worse? Walchandnagar Industries Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Walchandnagar Industries earn on its capital? Walchandnagar Industries Ltd earned a ROCE of 4% in FY26. That is up from a low of −8% in FY25. Its return on capital used (ROIC) is 8.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −5.5% net margin and 0.31× asset turnover (sales divided by assets). Why the return is what it is (FY26): a −5.5% net margin × 0.31× asset turnover × 2.45× leverage (assets divided by equity) ≈ −4.2% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 3.9% − 12.0% = −8.1 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Walchandnagar Industries have too much debt? Walchandnagar Industries Ltd has total debt of ₹219 Cr against shareholder equity of ₹359 Cr as of Jun 2026, so its debt is 0.61× its equity. Year by year, that ratio went from 2.53 in FY22 to 0.61 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Walchandnagar Industries shareholding pattern? No group of Walchandnagar Industries Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved −0.1 points over the same period, to 0.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +0.4 points over 8 quarters, to 0.7%; Domestic institutions: −0.1 points over 8 quarters, to 0.2%; Promoters: +0.0 points over 8 quarters, to 31.6%. ## How far is Walchandnagar Industries from balance-sheet trouble? For Walchandnagar Industries Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Walchandnagar Industries rank in its industry? 45.0 out of 100, rank 10 of 16 in Capital Goods - Engineering Heavy, with 71% of the evidence available. Walchandnagar Industries Ltd scores 45.0 out of 100 against the 16 companies it is compared with in Capital Goods - Engineering Heavy, ranking 10. Earnings are strong; relative strength in its sector is -8.4% and the one-year return is 1.5%. The four parts add up to the total exactly: 25.2 + 5.4 + 9.1 + 5.3 = 45. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Walchandnagar Industries compared with? Walchandnagar Industries ranks 10 of 16 Capital Goods - Engineering Heavy companies on the 4-Factor Sector Score, with 45.0 out of 100. 1. [JNK India Ltd](https://www.sectoralpha.in/stocks/jnk-india-ltd) JNKINDIA · quiet · Most evidence points up · 79% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.8/35 · Revenue 84.4% · Profit 100% · Operating margin change 5.5 points · 88% evidence Capital efficiency 14.8/25 · ROCE 17.4% · Operating margin 8.8% · 100% evidence Valuation 10.7/20 · P/E 28× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 14.8% · Lead over NIFTY 500 15.5% · 1 year 28.7% · 100% evidence · 3 of 12 weeks ahead Exact sum: 30.8 + 14.8 + 10.7 + 13.6 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Bharat Heavy Electricals Ltd](https://www.sectoralpha.in/stocks/bharat-heavy-electricals-ltd) BHEL · losing its lead · Evidence leans up · 75% evidence 62.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.9/35 · Revenue 29.1% · Profit 100% · Operating margin change 3 points · 95% evidence Capital efficiency 9.0/25 · ROCE 9.1% · Operating margin 11% · 76% evidence Valuation 9.7/20 · P/E 46.9× · PEG n/a · 15% evidence Relative strength 15.8/20 · Lead over its industry 16.2% · Lead over NIFTY 500 18% · 1 year 46% · 100% evidence · 7 of 12 weeks ahead Exact sum: 27.9 + 9 + 9.7 + 15.8 = 62.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Disa India Ltd](https://www.sectoralpha.in/stocks/disa-india-ltd) DISAQ · quiet · Evidence leans up · 81% evidence 59.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.9/35 · Revenue 3.8% · Profit 6.3% · Operating margin change -1 points · 88% evidence Capital efficiency 21.2/25 · ROCE 26.6% · Operating margin 14% · 100% evidence Valuation 11.6/20 · P/E 30.4× · PEG 1.9 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.5% · 1 year -18.3% · 25% evidence · 1 of 12 weeks ahead Exact sum: 16.9 + 21.2 + 11.6 + 9.6 = 59.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. Concord Control Systems Ltd turning · Too little evidence to rank firmly · 57% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 100% · Profit 100% · Operating margin change 10 points · 27% evidence Capital efficiency 17.4/25 · ROCE 31.2% · Operating margin 30% · 71% evidence Valuation 9.0/20 · P/E 58.4× · PEG n/a · 50% evidence Relative strength 12.6/20 · Lead over its industry -1.8% · Lead over NIFTY 500 1.6% · 1 year 22.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.6 + 17.4 + 9 + 12.6 = 58.6 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Eimco Elecon (India) Ltd](https://www.sectoralpha.in/stocks/eimco-elecon-indialtd) EIMCOELECO · leader · Evidence leans up · 85% evidence 57.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 25.3% · Profit 2.9% · Operating margin change 3.2 points · 100% evidence Capital efficiency 11.5/25 · ROCE 10.3% · Operating margin 18.9% · 100% evidence Valuation 11.2/20 · P/E 29.3× · PEG 1.12 · 100% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 26.2% · 1 year 14.4% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.9 + 11.5 + 11.2 + 12.3 = 57.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Suzlon Energy Ltd](https://www.sectoralpha.in/stocks/suzlon-energy-ltd) SUZLON · basing · Evidence leans up · 100% evidence 56.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue 33.9% · Profit -28.8% · Operating margin change -4 points · 100% evidence Capital efficiency 20.5/25 · ROCE 34.2% · Operating margin 15% · 100% evidence Valuation 19.0/20 · P/E 20.5× · PEG 0.36 · 100% evidence Relative strength 3.8/20 · Lead over its industry -29.6% · Lead over NIFTY 500 -27% · 1 year -42.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.4 + 20.5 + 19 + 3.8 = 56.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Hercules Investments Ltd](https://www.sectoralpha.in/stocks/hercules-investments-ltd) HERCULES · Evidence leans up · 65% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/43.75 · Revenue -80% · Profit -74.3% · Operating margin change -0.4 points · 56% evidence Capital efficiency 10.9/31.25 · ROCE 5.7% · Operating margin 48.7% · 100% evidence Valuation 22.1/25 · P/E 8.6× · PEG 0.28 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.2 + 10.9 + 22.1 = 51.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 8. [Integra Engineering India Ltd](https://www.sectoralpha.in/stocks/integra-engineering-india-ltd) basing · Evidence leans down · 76% evidence 48.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.4/35 · Revenue 1.7% · Profit -16.6% · Operating margin change -3.5 points · 83% evidence Capital efficiency 18.2/25 · ROCE 18.5% · Operating margin 16.4% · 95% evidence Valuation 9.9/20 · P/E 34.1× · PEG n/a · 15% evidence Relative strength 9.7/20 · Lead over its industry -16.3% · Lead over NIFTY 500 -13.7% · 1 year -38.4% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.4 + 18.2 + 9.9 + 9.7 = 48.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [John Cockerill India Ltd](https://www.sectoralpha.in/stocks/john-cockerill-india-ltd) COCKERILL · quiet · Evidence leans down · 74% evidence 46.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue 78.6% · Profit 100% · Operating margin change -4.6 points · 88% evidence Capital efficiency 8.8/25 · ROCE 11.1% · Operating margin -2.3% · 100% evidence Valuation 3.9/20 · P/E 155× · PEG 9.45 · 65% evidence Relative strength 11.6/20 · Lead over its industry n/a · Lead over NIFTY 500 7.1% · 1 year 28% · 25% evidence · 3 of 12 weeks ahead Exact sum: 22 + 8.8 + 3.9 + 11.6 = 46.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. Walchandnagar Industries Ltd this page WALCHANNAG · quiet · Evidence leans down · 71% evidence 45.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.2/35 · Revenue 38% · Profit 96.7% · Operating margin change 12.9 points · 65% evidence Capital efficiency 5.4/25 · ROCE 4.2% · Operating margin 8.1% · 100% evidence Valuation 9.1/20 · P/E 114.5× · PEG n/a · 15% evidence Relative strength 5.3/20 · Lead over its industry -8.4% · Lead over NIFTY 500 -6.5% · 1 year 1.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 25.2 + 5.4 + 9.1 + 5.3 = 45 · What this means: Earnings are strong; relative strength in its sector is -8.4% and the one-year return is 1.5%. 11. [Inox Wind Ltd](https://www.sectoralpha.in/stocks/inox-wind-ltd) INOXWIND · quiet · Evidence leans down · 89% evidence 38.7 out of 100 Growth Capital Valuation Relative
12. [The Anup Engineering Ltd](https://www.sectoralpha.in/stocks/the-anup-engineering-ltd) ANUP · quiet · Evidence leans down · 89% evidence 38.7 out of 100 Growth Capital Valuation Relative
13. [Windsor Machines Ltd](https://www.sectoralpha.in/stocks/windsor-machines-ltd) WINDMACHIN · turning · Too little evidence to rank firmly · 56% evidence 37.5 out of 100 Growth Capital Valuation Relative
14. [Kabra Extrusion Technik Ltd](https://www.sectoralpha.in/stocks/kabra-extrusion-technik-ltd) KABRAEXTRU · leader · Evidence leans down · 78% evidence 37.0 out of 100 Growth Capital Valuation Relative
15. [Bajaj Steel Industries Ltd](https://www.sectoralpha.in/stocks/bajaj-steel-industries-ltd) BAJAJST · quiet · Most evidence points down · 81% evidence 29.7 out of 100 Growth Capital Valuation Relative
16. [Praj Industries Ltd](https://www.sectoralpha.in/stocks/praj-industries-ltd) PRAJIND · quiet · Most evidence points down · 85% evidence 25.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Capital Goods - Engineering Heavy](https://www.sectoralpha.in/sectors/capital-goods-engineering-heavy), all 16 compared on one page. ## Which companies are close to Walchandnagar Industries in size? Walchandnagar Industries is the 13th largest of 16 Capital Goods - Engineering Heavy companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: JNK India, Disa India and Eimco Elecon (India). Just below it: Bajaj Steel Industries, Integra Engineering India and Hercules Investments. ### Capital Goods - Engineering Heavy companies close in size

1. [JNK India Ltd](https://www.sectoralpha.in/stocks/jnk-india-ltd) ₹2,106 crore
2. [Disa India Ltd](https://www.sectoralpha.in/stocks/disa-india-ltd) ₹1,629 crore
3. [Eimco Elecon (India) Ltd](https://www.sectoralpha.in/stocks/eimco-elecon-indialtd) ₹1,231 crore
4. Walchandnagar Industries Ltd ₹1,225 crore
5. [Bajaj Steel Industries Ltd](https://www.sectoralpha.in/stocks/bajaj-steel-industries-ltd) ₹651 crore
6. [Integra Engineering India Ltd](https://www.sectoralpha.in/stocks/integra-engineering-india-ltd) ₹506 crore
7. [Hercules Investments Ltd](https://www.sectoralpha.in/stocks/hercules-investments-ltd) ₹317 crore

[All 16 Capital Goods - Engineering Heavy companies, largest first](https://www.sectoralpha.in/sectors/capital-goods-engineering-heavy#all-companies)

### Companies close in size in other industries

1. [Fermenta Biotech Ltd](https://www.sectoralpha.in/stocks/fermenta-biotech-ltd) ₹1,229 crore · Pharma - API
2. [Bharat Seats Ltd](https://www.sectoralpha.in/stocks/bharat-seats-ltd) ₹1,228 crore · Auto Ancillaries - Seats
3. Walchandnagar Industries Ltd ₹1,225 crore
4. [Belding India Ltd](https://www.sectoralpha.in/stocks/belding-india-ltd) ₹1,221 crore · Aluminium
5. [Steel Exchange India Ltd](https://www.sectoralpha.in/stocks/steel-exchange-india-ltd) ₹1,221 crore · Steel Products

## What else do people ask about Walchandnagar Industries? ### What is Walchandnagar Industries's share price today? Walchandnagar Industries Ltd's share price is ₹180.70, +1.8% over the past year. The whole company is worth ₹1,230 Cr on the market. In the last 52 weeks it traded between ₹139 to ₹312; today it is 24% of the way up from the low, 14.9% below its 200-day average (as of 3 November 2026). ### What were Walchandnagar Industries's latest quarterly results? Walchandnagar Industries Ltd reported revenue of ₹90.8 Cr and net profit of ₹1.2 Cr for the Jun 2026 quarter. Earnings per share were ₹0.17. The operating margin was 8.1%, 12.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is Walchandnagar Industries's market cap? Walchandnagar Industries Ltd's market capitalisation is ₹1,230 Cr at a share price of ₹180.70. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Walchandnagar Industries performing? Walchandnagar Industries Ltd's share price has been falling for 2 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 17 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Walchandnagar Industries's share price go up? This page does not forecast Walchandnagar Industries Ltd's share price. What it shows instead: the share price is ₹180.70, and it has been falling for 2 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Who owns Walchandnagar Industries? Promoters own 31.6% of Walchandnagar Industries Ltd, foreign institutions 0.7%, domestic institutions 0.2% and the public 67.5% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is Walchandnagar Industries in its business cycle? Walchandnagar Industries Ltd's FY26 operating margin was 5.0%, against a 13-year range of −27.0% to 22.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Walchandnagar Industries story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Walchandnagar Industries a stock worth studying right now? What the numbers show: Walchandnagar Industries Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Walchandnagar Industries share price forecast for 2026? What is changing at Walchandnagar Industries, from the latest results and calls: nuclear shanti act + bsr programme, revenue recovery and execution improvement and balance sheet repair. What would change the story: January to March 2026 profit of ₹2.94 Cr was entirely explained by ₹10.19 Cr other income, core EBIT ex-other-income remained negative. This is research, not advice. We’re not SEBI-registered.