# Windsor Machines share price today (Windsor Machines Ltd, NSE: WINDMACHIN)

> Windsor Machines share price today: ₹290.35 at the NSE close on 3 November 2026, down 0.9% in a year. Windsor Machines (NSE: WINDMACHIN) is worth ₹3,004 crore, trades at a P/E of 1,008.1 and has closed between ₹216.05 and ₹327.90 over the past 52 weeks. > Windsor Machines Ltd's share price has risen faster than its earnings: −0.9% in a year, against −92.0% for earnings per share. WINDMACHIN · Capital Goods - Engineering Heavy · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/windsor-machines-ltd

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## Key numbers

- Business trend: Getting better, from fewer quarters than usual
- Price: ₹290.35 (−0.9% in a year)
- P/E: 1,008.1× (higher than 100% of the last 7.7 years)
- Revenue (Jun 2026): ₹149 Cr (+31.3% on a year ago)
- Profit (Jun 2026): −₹0.9 Cr
- Operating margin: 4.2% (−2.8 points on a year ago)
- ROCE: 2%, FY26
- ROIC: 1.3%, against a 12.0% cost of capital: −10.7 points

The main question: the share price moved −0.9% in a year while yearly earnings per share moved −92.0%. The difference came from the market paying a higher multiple. ## What is the Windsor Machines share price today? Windsor Machines Ltd's share price was ₹290.35 at the close on 3 November 2026. It has been rising for 22 weeks. That is 0.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹216 and ₹328, and at that close it sat 66% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 7 weeks in a row. Over the last 11 years the share price moved +728% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. 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 Windsor Machines this quarter? Two changes stood out: revenue up on a year earlier for 7 quarters in a row and indian funds and insurers (DIIs) cut their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 7 quarters in a row In the June 2026 quarter revenue was ₹149 crore, +31.3% on a year earlier. 2. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row From 2.6% to 0% of the company by the September 2026 quarter. ## What are Windsor Machines' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Windsor Machines reported revenue of ₹149 crore, up 31.3% from ₹113 crore a year earlier, and a loss of ₹0.91 crore. ### Windsor Machines results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹149 crore | ₹113 crore | +31.3% |
| Profit | loss of ₹0.91 crore | loss of ₹10.5 crore | n/a |
| Earnings per share | ₹−0.09 | ₹−1.25 | n/a |
| Operating margin | 4.2% | 7.0% | −2.8 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 Windsor Machines share price history? Windsor Machines closed at ₹290.35 on 3 November 2026, down 0.9% from ₹293.00 a year earlier (31 October 2025) and up 937.0% over five years. Its highest weekly close since March 2016 was ₹415.15 on 6 December 2024. ### Windsor Machines share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹280.85 | +3.4% |
| 1 month ago · 1 Oct 2026 | ₹293.80 | −1.2% |
| 6 months ago · 30 Apr 2026 | ₹285.58 | +1.7% |
| 1 year ago · 31 Oct 2025 | ₹293.00 | −0.9% |
| 3 years ago · 3 Nov 2023 | ₹70.15 | +313.9% |
| 5 years ago · 4 Nov 2021 | ₹28.00 | +937.0% |
| 10 years ago · 4 Nov 2016 | ₹41.20 | +604.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹35.05 | +728.4% |
| Highest weekly close since March 2016 · 6 Dec 2024 | ₹415.15 | −30.1% |
| Lowest weekly close since March 2016 · 20 Mar 2020 | ₹8.50 | +3,315.9% |
| 52-week high (weekly close) · 10 Jun 2026 | ₹327.90 | −11.5% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹216.05 | +34.4% |

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. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Windsor Machines? 3 Nov 2026: Windsor Machines closed at ₹290.35, up 3.4% on the week and down 1.2% on the month. Results for April to June 2026: Revenue up 31.3% on a year earlier. ## What dividend does Windsor Machines pay? Windsor Machines paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹0.50 a share, ex-date 27 August 2024. ### Windsor Machines dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 27 Aug 2024 | ₹0.50 | Dividend |
| 22 Sep 2023 | ₹1 | Dividend |
| 22 Sep 2022 | ₹1 | Dividend |
| 15 Sep 2021 | ₹1 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Windsor Machines Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 5 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Windsor Machines on? Windsor Machines is not on any of our India lists this week. ## Is Windsor Machines profitable? Windsor Machines Ltd posted a net loss of ₹0.9 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹1.0 Cr. Over 10 years profit has grown −10.4% a year on average. That loss is 0.6% of the quarter's revenue. The same quarter a year earlier lost ₹10.5 Cr. 7 of the last 12 reported quarters were loss-making. ## How much revenue does Windsor Machines make, and is it growing? Windsor Machines Ltd reported ₹149 Cr of revenue in the Jun 2026 quarter, +31.3% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown 6.3% a year on average. The last full year, FY26, came in at ₹570 Cr. The last four reported quarters add to ₹606 Cr. FY26 revenue was ₹570 Cr, +54.5% on the year before. Recent pace: the last four quarters grew +60.1% on average, against 6.3% 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 +51.0%, against +28.6% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does Windsor Machines keep? Windsor Machines Ltd's operating margin was 4.2% in the Jun 2026 quarter, 2.8 percentage points lower than the same quarter a year ago. Across 13 years it has been between 1.9% and 9.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −2.8 percentage points on the year while gross margin changed −4.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Windsor Machines' profit turning into cash? Over the last 3 years Windsor Machines Ltd's operations used more cash than they brought in, so cash conversion was −150%, a gap worth watching. In FY26 its operations used ₹51.0 Cr of cash, against ₹1.0 Cr of profit. After −₹381 Cr of spending on assets, ₹330 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −150% of profit came in as cash: the cash cycle got 72 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does Windsor Machines' cash go? Windsor Machines Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 93 days in FY26, up from 21 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹4.0 Cr. Customers take 24 days to pay, and stock sits for 195 days on average. At FY26 sales of ₹570 Cr, each day of that cycle ties up about ₹1.6 Cr, so roughly ₹145 Cr is tied up in the business at any time. FY26: customers took 24 days to pay and stock sat for 195 days, about 6.4 months of sales sitting as stock, for a full cycle of 93 days, longer than FY21's 21. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 195 days. Customers pay about 24 days after that. Suppliers are paid at 126 days. Together that makes the 93-day cycle. Over the last 3 years, money from selling assets was ₹4.0 Cr more than it spent on new ones. Work still in progress is ₹16.0 Cr (FY26). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is Windsor Machines' P/E ratio, and how does it compare with its own history? Windsor Machines Ltd's P/E is 1,008.1×, about the highest it has ever been. Its usual P/E (the middle reading) is 47.0×, over 7.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −92.0% while the price moved −0.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +59.6% a year; about −5.4% a year came from earnings growth and about +65.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Windsor Machines business getting better or worse? Windsor Machines Ltd's business is getting better. EPS growth hit its low 6 quarters ago at −335.8% and has recovered to +38.8%, with ROCE steady at 3.5%. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: a lasting rise from a low is what this page is built to show. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Windsor Machines earn on its capital? Windsor Machines Ltd earned a ROCE of 2% in FY26. That is up from a low of 1% in FY20. Its return on capital used (ROIC) is 10.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 0.2% net margin and 0.65× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 0.2% net margin × 0.65× asset turnover × 1.79× leverage (assets divided by equity) ≈ 0.2% 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: 1.3% − 12.0% = −10.7 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. The 1.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 0.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Windsor Machines have too much debt? Windsor Machines Ltd has total debt of ₹86.0 Cr against shareholder equity of ₹493 Cr as of Jun 2026, so its debt is 0.17× its equity, which is very little. Year by year, that ratio went from 0.09 in FY22 to 0.17 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Windsor Machines shareholding pattern? Promoters cut their stake in Windsor Machines Ltd by 10.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 43.9% of the company. Foreign institutions moved +2.0 points over the same period, to 3.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −10.0 points over 8 quarters, to 43.9%; Foreign institutions: +2.0 points over 8 quarters, to 3.9%; Domestic institutions: −0.1 points over 8 quarters, to 0.0%. Why the owners changed: promoters drove it (−10.0 points), with the other side taken by foreign institutions (+2.0 points). They reduced their stake. ## How far is Windsor Machines from balance-sheet trouble? For Windsor Machines 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 Windsor Machines rank in its industry? 37.5 out of 100, rank 13 of 16 in Capital Goods - Engineering Heavy, with 56% of the evidence available. Windsor Machines Ltd scores 37.5 out of 100 against the 16 companies it is compared with in Capital Goods - Engineering Heavy, ranking 13. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 16.2 + 2.4 + 8.5 + 10.4 = 37.5. 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 Windsor Machines compared with? Windsor Machines ranks 13 of 16 Capital Goods - Engineering Heavy companies on the 4-Factor Sector Score, with 37.5 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](https://www.sectoralpha.in/stocks/walchandnagar-industries-ltd) 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 this page WINDMACHIN · turning · Too little evidence to rank firmly · 56% evidence 37.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.2/35 · Revenue 51% · Profit 100% · Operating margin change -2.8 points · 65% evidence Capital efficiency 2.4/25 · ROCE 2% · Operating margin 4.2% · 100% evidence Valuation 8.5/20 · P/E 927× · PEG n/a · 15% evidence Relative strength 10.4/20 · Lead over its industry n/a · Lead over NIFTY 500 0.9% · 1 year -7.9% · 25% evidence · 2 of 12 weeks ahead Exact sum: 16.2 + 2.4 + 8.5 + 10.4 = 37.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 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 Windsor Machines in size? Windsor Machines is the 6th largest of 16 Capital Goods - Engineering Heavy companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Inox Wind, Praj Industries and John Cockerill India. Just below it: The Anup Engineering, Concord Control Systems and Kabra Extrusion Technik. ### Capital Goods - Engineering Heavy companies close in size

1. [Inox Wind Ltd](https://www.sectoralpha.in/stocks/inox-wind-ltd) ₹9,540 crore
2. [Praj Industries Ltd](https://www.sectoralpha.in/stocks/praj-industries-ltd) ₹4,443 crore
3. [John Cockerill India Ltd](https://www.sectoralpha.in/stocks/john-cockerill-india-ltd) ₹3,284 crore
4. Windsor Machines Ltd ₹2,762 crore
5. [The Anup Engineering Ltd](https://www.sectoralpha.in/stocks/the-anup-engineering-ltd) ₹2,630 crore
6. [Concord Control Systems Ltd](https://www.sectoralpha.in/stocks/concord-control-systems-ltd) ₹2,489 crore
7. [Kabra Extrusion Technik Ltd](https://www.sectoralpha.in/stocks/kabra-extrusion-technik-ltd) ₹2,431 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. [KNR Constructions Ltd](https://www.sectoralpha.in/stocks/knr-constructions-ltd) ₹2,772 crore · Infra - Construction & Contracting
2. [Route Mobile Ltd](https://www.sectoralpha.in/stocks/route-mobile-ltd) ₹2,764 crore · IT Enabled Services
3. Windsor Machines Ltd ₹2,762 crore
4. [LS Industries Ltd](https://www.sectoralpha.in/stocks/ls-industries-ltd) ₹2,743 crore · Textiles - Weaving
5. [HeidelbergCement India Ltd](https://www.sectoralpha.in/stocks/heidelbergcement-india-ltd) ₹2,741 crore · Cement

## What else do people ask about Windsor Machines? ### What is Windsor Machines's share price today? Windsor Machines Ltd's share price is ₹290.35, −0.9% over the past year. The whole company is worth ₹3,004 Cr on the market. In the last 52 weeks it traded between ₹216 to ₹328; today it is 66% of the way up from the low, 0.3% below its 200-day average (as of 3 November 2026). ### What were Windsor Machines's latest quarterly results? Windsor Machines Ltd reported revenue of ₹149 Cr and a net loss of ₹0.9 Cr for the Jun 2026 quarter. Earnings per share were −₹0.09. The operating margin was 4.2%, 2.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is Windsor Machines's market cap? Windsor Machines Ltd's market capitalisation is ₹3,004 Cr at a share price of ₹290.35. 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 Windsor Machines performing? Windsor Machines Ltd's share price has been rising for 22 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 7 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Windsor Machines's share price go up? This page does not forecast Windsor Machines Ltd's share price. What it shows instead: the share price is ₹290.35, and it has been rising for 22 weeks. Its P/E of 1,008.1× is higher than 100% of its own last 8 years (as of 3 November 2026). ### Who owns Windsor Machines? Promoters own 43.9% of Windsor Machines Ltd, foreign institutions 3.9%, domestic institutions 0.0% and the public 52.2% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 10.0 percentage points over 8 quarters (as of 3 November 2026). ### Does Windsor Machines have too much debt? No, Windsor Machines Ltd has little debt: its debt is 0.17× its equity, and its operating profit is 6 times its interest bill. FY26 borrowings were ₹86.0 Cr against equity of ₹494 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### What is Windsor Machines's capex? Windsor Machines Ltd sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹4.0 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹55.0 Cr (as of 3 November 2026). ### Where is Windsor Machines in its business cycle? Windsor Machines Ltd's FY26 operating margin was 6.0%, against a 13-year range of 1.9% to 9.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 4.2%. 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 Windsor Machines story? The main question: the share price moved −0.9% in a year while yearly earnings per share moved −92.0%. The difference came from the market paying a higher multiple. 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 Windsor Machines a stock worth studying right now? What the numbers show: Windsor Machines Ltd's share price has risen faster than its earnings: −0.9% in a year, against −92.0% for earnings per share. The main open question: whether earnings grow into a price that has already moved. 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). This is research, not advice. We’re not SEBI-registered.