# WPIL share price today (WPIL Ltd, NSE: WPIL)

> WPIL share price today: ₹377.60 at the NSE close on 3 November 2026, down 16.2% in a year. WPIL (NSE: WPIL) is worth ₹3,688 crore, trades at a P/E of 24.5 and has closed between ₹365.00 and ₹506.80 over the past 52 weeks. > WPIL Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. WPIL · Pumps · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/wpil-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

- Business trend: Turning around, from fewer quarters than usual
- Price: ₹377.60 (−16.2% in a year)
- P/E: 24.5× (higher than 67% of the last 11 years)
- Revenue (Sep 2026): ₹354 Cr (−16.9% on a year ago)
- Profit (Sep 2026): ₹34.0 Cr (−34.6% on a year ago)
- Operating margin: 13.0% (−6.0 points on a year ago)
- ROCE: 15%, FY26
- Profit that came in as cash: −33%, last 3 years

The main question: yearly earnings per share moved +19.7% while the share price moved −16.2%. ## What is the WPIL share price today? WPIL Ltd's share price was ₹377.60 at the close on 3 November 2026. It has been stalling near its high for 6 weeks. That is 12.5% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running. In the last 52 weeks it traded between ₹365 and ₹507, and at that close it sat 9% of the way up from that low. Over the last 11 years the share price moved +870% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 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 WPIL this quarter? Three changes stood out: profit fell in the September 2026 quarter, indian funds and insurers (DIIs) raised their stake for 4 quarters in a row and operating margin down 6 points on a year earlier. 1. Profit fell in the September 2026 quarter Profit was ₹34 crore, -34.6% on a year earlier (₹52 crore), after 3 quarters of growth. Why: Profit fell because sales were lower. Customers refused some domestic product deliveries and domestic project work was slow while payments were delayed. From the earnings call on 31 Oct 2026. 2. Indian funds and insurers (DIIs) raised their stake for 4 quarters in a row From 2.6% to 2.9% of the company by the September 2026 quarter. 3. Operating margin down 6 points on a year earlier 13% in the September 2026 quarter, from 19%. Why: Operating margin fell because revenue dropped but many costs stayed fixed. Next results: check whether revenue recovers to normal quarterly levels, since management expects a 17 to 18 percent margin for the full year. From the earnings call on 31 Oct 2026. ## What are WPIL's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), WPIL reported revenue of ₹354 crore, down 16.9% from ₹426 crore a year earlier, and a profit of ₹34.0 crore, down 34.6% from ₹52.0 crore. ### WPIL results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹354 crore | ₹426 crore | −16.9% |
| Profit | ₹34.0 crore | ₹52.0 crore | −34.6% |
| Earnings per share | ₹2.27 | ₹4.20 | −46.0% |
| Operating margin | 13.0% | 19.0% | −6.0 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). WPIL's management discussed these results on a call held on 31 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the WPIL share price history? WPIL closed at ₹377.60 on 3 November 2026, down 16.2% from ₹450.65 a year earlier (31 October 2025) and up 292.2% over five years. Its highest weekly close since March 2016 was ₹737.35 on 27 December 2024. ### WPIL share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹398.40 | −5.2% |
| 1 month ago · 1 Oct 2026 | ₹433.50 | −12.9% |
| 6 months ago · 30 Apr 2026 | ₹432.05 | −12.6% |
| 1 year ago · 31 Oct 2025 | ₹450.65 | −16.2% |
| 3 years ago · 3 Nov 2023 | ₹332.53 | +13.6% |
| 5 years ago · 4 Nov 2021 | ₹96.28 | +292.2% |
| 10 years ago · 4 Nov 2016 | ₹35.52 | +963.1% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹38.91 | +870.4% |
| Highest weekly close since March 2016 · 27 Dec 2024 | ₹737.35 | −48.8% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹25.48 | +1,381.9% |
| 52-week high (weekly close) · 24 Jun 2026 | ₹506.80 | −25.5% |
| 52-week low (weekly close) · 1 Feb 2026 | ₹365.00 | +3.5% |

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

## What is the latest news on WPIL? 3 Nov 2026: WPIL closed at ₹377.60, down 5.2% on the week and down 12.9% on the month. 31 Oct 2026: WPIL held its results call for July to September 2026. Management guided: Full-year operating margin inside 15-20% band centered on 17-18% goal. ### Earlier

- Results for July to September 2026: Revenue down 16.9% and profit down 34.6% on a year earlier. - 31 Jul 2026: ex-date for a dividend of ₹2 a share. - Our read, 19 Jul 2026: FY26 profit and operating profit improved, but three consecutive years of negative operating cash flow mean the earnings recovery has not converted into distributable cash. The South African order book can diversify execution and has stated advance-payment terms, while domestic product demand adds a second driver. ### Our read of the business

FY26 profit and operating profit improved, but three consecutive years of negative operating cash flow mean the earnings recovery has not converted into distributable cash. The South African order book can diversify execution and has stated advance-payment terms, while domestic product demand adds a second driver. Latest quarter: Annual earnings remained positive while the domestic project shortfall and receivable burden persisted. (Our read after the latest results, written 19 July 2026.)

## What dividend does WPIL pay? WPIL paid ₹2 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.53% at the ₹377.60 close on 3 November 2026. The last was a dividend of ₹2 a share, ex-date 31 July 2026. ### WPIL dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 31 Jul 2026 | ₹2 | 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. 0 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. WPIL Ltd paid out 12% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did WPIL management say on the latest results call? On the call for July to September 2026, held on 31 October 2026, WPIL's management guided: Full-year operating margin inside 15-20% band centered on 17-18% goal. > “No, I think if you see our gross margins, they have actually improved. Revenue is the challenge. There has been a slight dip in revenue, but it is not the gross margin. The gross margins are strong.”
> Prakash Agarwal, on the call for July to September 2026

### What management guided

- Strong second-half revenue rebound on domestic commissioning plus African ramp with O&M pickup and clearer visibility by year-end. - Domestic product dispatches to catch up in second half and exceed prior-year level. - PCI Africa execution to gain traction toward year-end into seasonally strong January-March quarter. - Large Kuwait water supply product order expected to strengthen international water position. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/781-31-Oct-2026.pdf). (From the call for July to September 2026, 31 October 2026.)

## What is WPIL's order book? Management's source summary states that total company order book was ₹6,000 crore at March end, comprising ₹5,000 crore of projects and ₹1,000 crore of products, with multi-year execution visibility. - Management's source summary says South African projects expanded the project order book and carried stated premium margins with a seven-day payment cycle and advances. ✓ fact

(Our read after the latest results, written 19 July 2026.)

## What could change the WPIL story? What are the risks? The thesis improves if operating cash flow turns positive, working-capital days fall and South African revenue begins to convert without a further rise in borrowings. It fails if receivables remain elevated, management again shifts the JJM collection date, or project growth requires more debt-funded working capital. ### Each change stops working if

- : Order conversion is delayed, project margins do not reach reported results, or customer receipts do not follow the stated commercial terms. - : Product backlog slows or reported product economics deteriorate enough to offset project diversification. - : Operating cash flow stays negative or working-capital days do not improve after the stated collection window. ### The main risks

- : Profit has not converted into cash for three consecutive annual periods. ⚠ estimate
- : JJM collection timing has repeatedly moved. ⚠ estimate
- : Margin is exposed to project mix and timing. ✓ fact

(Our read after the latest results, written 19 July 2026.)

## What to watch in WPIL's next results? When WPIL reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: West Bengal fund arrival from flagged week translating into domestic project execution ramp through peak season. - What to check (from the call)
- West Bengal fund arrival from flagged week translating into domestic project execution ramp through peak season. - Deferred domestic product dispatches converting in second half to surpass prior-year level per flagged catch-up. - PCI Africa lumpiness resolving into year-end momentum toward seasonally strong quarter with phased ramp intact. ## Which stock lists is WPIL on? WPIL is not on any of our India lists this week. ## Is WPIL profitable? WPIL Ltd earned ₹34.0 Cr of net profit in the Sep 2026 quarter, −34.6% on the same quarter a year earlier. Full-year FY26 profit was ₹200 Cr. That is 9.6% of the quarter's revenue. The same quarter a year earlier earned ₹52.0 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹200 Cr (+57.5% on the year before). Why profit moved: revenue changed −16.9% on a year earlier and the margin moved −6.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +65.9% and revenue +11.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. FY27-Q1. revenue ₹501 Cr and profit ₹59 Cr as reported. FY27-Q2. revenue ₹354 Cr and profit ₹34 Cr as reported. Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters. ## How much revenue does WPIL make, and is it growing? WPIL Ltd reported ₹354 Cr of revenue in the Sep 2026 quarter, −16.9% on the same quarter a year earlier. Over 10 years it has grown 9.8% a year on average. The last full year, FY26, came in at ₹1,855 Cr. The last four reported quarters add to ₹1,905 Cr. FY26 revenue was ₹1,855 Cr, +2.7% on the year before. Recent pace: the last four quarters grew +11.4% on average, against 9.8% 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 +8.3%, against +0.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +137.4%, against −45.0% a year (accelerating). FY27-Q1. revenue ₹501 Cr and profit ₹59 Cr as reported. FY27-Q2. revenue ₹354 Cr and profit ₹34 Cr as reported. Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters. ## How much of every ₹100 of sales does WPIL keep? WPIL Ltd's operating margin was 13.0% in the Sep 2026 quarter, 6.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 7.0% and 20.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −5.5 percentage points on the year while gross margin changed −2.2 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. FY27-Q1. revenue ₹501 Cr and profit ₹59 Cr as reported. FY27-Q2. revenue ₹354 Cr and profit ₹34 Cr as reported. Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters. ## Is WPIL's profit turning into cash? Over the last 3 years WPIL Ltd's operations used more cash than they brought in, so cash conversion was −33%, a gap worth watching. In FY26 its operations used ₹93.0 Cr of cash, against ₹200 Cr of profit. After ₹185 Cr of spending on assets, free cash was −₹278 Cr: it spent more than its operations brought in. Why this happened. The receivable explanation is concrete, so timely collections could reduce financing pressure and make reported earnings more credible. A further delay would have the reverse effect. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −33% of profit came in as cash: the cash cycle got 126 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: less of the profit turns into cash than it should, and the cash cycle is 126 days longer. The next section looks at where the cash is stuck. ## Where does WPIL's cash go? WPIL Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 246 days in FY26, up from 120 days in FY21. It spent ₹284 Cr on assets over the last 3 years. Customers take 196 days to pay, and stock sits for 285 days on average. At FY26 sales of ₹1,855 Cr, each day of that cycle ties up about ₹5.1 Cr, so roughly ₹1,250 Cr is tied up in the business at any time. FY26: customers took 196 days to pay and stock sat for 285 days, about 9.4 months of sales sitting as stock, for a full cycle of 246 days, longer than FY21's 120. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 285 days. Customers pay about 196 days after that. Suppliers are paid at 236 days. Together that makes the 246-day cycle. Spending on assets: ₹284 Cr over the last 3 years, against ₹104 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹2.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is WPIL's P/E ratio, and how does it compare with its own history? WPIL Ltd's P/E is 24.5×, in the middle of its own history: higher than 67% of past readings. Its usual P/E (the middle reading) is 19.5×, over 11 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 +19.7% while the price moved −16.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +31.4% a year; about +13.8% a year came from earnings growth and about +17.6 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. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 24% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What growth does the WPIL share price assume? Worked out from its price on 20 July 2026, WPIL Ltd's share price assumed profit growth of about 14.4% a year. Today its P/E is 24.5×, higher than 67% of its own last 11 years. This is a one-day reading, taken on 20 July 2026. Every other number on this page, the multiple included, uses the latest price as of 3 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements. ## Is the WPIL business getting better or worse? WPIL Ltd's business is turning around. Profit growth has swung from −84.1% at its low to +137.4%, improving for 4 quarters in a row, with ROCE falling at 15.0%. This is based on 9 quarters of 4 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. 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. ## What is the WPIL story, and has it been checked? WPIL Ltd's story is not scored yet against the checks our research set on 19 July 2026. Where it sits in its own cycle: Not stated in the research file. What is not proven yet. The thesis improves if operating cash flow turns positive, working-capital days fall and South African revenue begins to convert without a further rise in borrowings. It fails if receivables remain elevated, management again shifts the JJM collection date, or project growth requires more debt-funded working capital. What would change our mind. The thesis improves if operating cash flow turns positive, working-capital days fall and South African revenue begins to convert without a further rise in borrowings. It fails if receivables remain elevated, management again shifts the JJM collection date, or project growth requires more debt-funded working capital. What the company does. FY26 profit and operating profit improved, but three consecutive years of negative operating cash flow mean the earnings recovery has not converted into distributable cash. The South African order book can diversify execution and has stated advance-payment terms, while domestic product demand adds a second driver. What the surface reading misses. The surface reading is: The annual result reported positive sales and profit growth. The research reads it further: The annual earnings result is not enough to establish quality because the cash-flow record diverged from profit. What the surface reading misses. The surface reading is: Reported profit grew faster than revenue in FY26. The research reads it further: The profit growth does not settle the quality question because cash conversion was negative in the same period. Sources: our stock research file (19 July 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes. ## Did WPIL management deliver what it promised? What WPIL Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met. JJM funding and domestic execution have slipped from the earlier timetable · 31 October 2026. The July 2026 call expected a substantial JJM inflow in the near term, while the May 2026 call also expected fund release within the next couple of months. By the October 2026 call, management was still waiting for West Bengal funds and had not confirmed receipt, so the earlier funding and execution ramp assumption had not materialized on schedule. The latest call attributes this to staged disbursement, but it does not reconcile why the earlier near-term expectation was missed. Jal Jeevan Mission Recovery Timing Moved Back · 24 July 2026. In May 2026, management expected Jal Jeevan Mission momentum by the second quarter and fund release within the next few months. In July 2026, management pushed expected domestic water-sector improvement to the second half of the year, creating a material timing shift for a major domestic project driver that was not reconciled with the earlier expectation. Total Order Book Declined Without an Execution Bridge · 24 July 2026. Management reported a company-wide order book of about INR6,000 crores in May 2026, but reported only INR5,270 crores at the end of Q1 in July 2026, a decline of roughly 12%. The latest call did not explain whether the reduction reflected execution, cancellations, or insufficient new order intake, which weakens the previously stated revenue-visibility narrative. Revenue Outlook Confidence Softened · 24 July 2026. The February and May 2026 calls described the outlook as very bright and management as confident of growth. In July 2026, management characterized revenue as dependent on the current quarter and otherwise more or less in line, while acknowledging that domestic revenues were very low; this is a notable softening in confidence that was not quantified or fully explained. Every quote above is taken word for word from the company’s own earnings calls. ## How much does WPIL earn on its capital? WPIL Ltd earned a ROCE of 15% in FY26. That is up from a low of 7% in FY16. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 10.8% net margin and 0.57× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.8% net margin × 0.57× asset turnover × 2.05× leverage (assets divided by equity) ≈ 12.6% on equity. The margin does its share; borrowing is a big part of it. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 24% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does WPIL have too much debt? WPIL Ltd had ₹502 Cr of borrowings against ₹1,591 Cr of equity in FY26, so its debt is 0.32× its equity. Its operating profit is 7 times its interest bill. Over 5 years borrowings went from ₹312 Cr to ₹502 Cr. Over the last 3 of those years it spent ₹284 Cr on assets. Why this happened. The latest call describes a large overseas project order book with advances and rapid payment terms. Revenue conversion still needs to appear in reported results before the benefit can be capitalized. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 24% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the WPIL shareholding pattern? No group of WPIL Ltd's owners changed its stake by a full percentage point over the last two years. Foreign institutions moved −0.1 points over the same period, to 5.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +0.3 points over 8 quarters, to 2.9%; Foreign institutions: −0.1 points over 8 quarters, to 5.6%; Promoters: +0.0 points over 8 quarters, to 70.8%. ## How far is WPIL from balance-sheet trouble? For WPIL 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 WPIL rank in its industry? 52.0 out of 100, rank 1 of 4 in Pumps, with 57% of the evidence available. WPIL Ltd scores 52.0 out of 100 against the 4 companies it is compared with in Pumps, ranking 1. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 17.1 + 13.7 + 10 + 11.2 = 52. 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 WPIL compared with? WPIL ranks 1 of 4 Pumps companies on the 4-Factor Sector Score, with 52.0 out of 100. 1. WPIL Ltd this page WPIL · quiet · Too little evidence to rank firmly · 57% evidence 52.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.1/35 · Revenue 8.3% · Profit 100% · Operating margin change -6 points · 95% evidence Capital efficiency 13.7/25 · ROCE 14.6% · Operating margin 13% · 76% evidence Valuation 10.0/20 · P/E 26.6× · PEG n/a · 0% evidence Relative strength 11.2/20 · Lead over its industry n/a · Lead over NIFTY 500 2.4% · 1 year -9.1% · 25% evidence · 0 of 8 weeks ahead Exact sum: 17.1 + 13.7 + 10 + 11.2 = 52 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Kirloskar Brothers Ltd](https://www.sectoralpha.in/stocks/kirloskar-brothers-ltd) KIRLOSBROS · quiet · Evidence leans down · 82% evidence 44.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.2/35 · Revenue 10.8% · Profit -4% · Operating margin change -1 points · 100% evidence Capital efficiency 17.9/25 · ROCE 20.4% · Operating margin 10% · 100% evidence Valuation 8.6/20 · P/E 31.1× · PEG 1.75 · 85% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -1.1% · 1 year -14.5% · 25% evidence · 4 of 12 weeks ahead Exact sum: 8.2 + 17.9 + 8.6 + 9.5 = 44.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Roto Pumps Ltd](https://www.sectoralpha.in/stocks/roto-pumps-ltd) ROTO · basing · Evidence leans down · 86% evidence 43.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.6/35 · Revenue -2.6% · Profit -19.2% · Operating margin change -0.5 points · 88% evidence Capital efficiency 16.2/25 · ROCE 15.2% · Operating margin 20.1% · 100% evidence Valuation 5.0/20 · P/E 40× · PEG 7.26 · 50% evidence Relative strength 16.0/20 · Lead over its industry 3.6% · Lead over NIFTY 500 -0.5% · 1 year -16.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 6.6 + 16.2 + 5 + 16 = 43.8 · What this means: Relative strength against the index is -0.5%, and revenue and profit growth are weak. 4. [KSB Ltd](https://www.sectoralpha.in/stocks/ksb-ltd) KSB · quiet · Most evidence points down · 93% evidence 28.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.9/35 · Revenue 4.7% · Profit -4.3% · Operating margin change -2 points · 88% evidence Capital efficiency 17.9/25 · ROCE 24.7% · Operating margin 12% · 100% evidence Valuation 3.1/20 · P/E 43.2× · PEG 3.02 · 85% evidence Relative strength 0.0/20 · Lead over its industry -11.3% · Lead over NIFTY 500 -15% · 1 year -17.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 7.9 + 17.9 + 3.1 + 0 = 28.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 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: [Pumps](https://www.sectoralpha.in/sectors/pumps), all 4 compared on one page. ## Which companies are close to WPIL in size? WPIL is the 3rd largest of 4 Pumps companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kirloskar Brothers and KSB. Just below it: Roto Pumps. ### Pumps companies close in size

1. [Kirloskar Brothers Ltd](https://www.sectoralpha.in/stocks/kirloskar-brothers-ltd) ₹12,720 crore
2. [KSB Ltd](https://www.sectoralpha.in/stocks/ksb-ltd) ₹11,332 crore
3. WPIL Ltd ₹3,892 crore
4. [Roto Pumps Ltd](https://www.sectoralpha.in/stocks/roto-pumps-ltd) ₹1,108 crore

[All 4 Pumps companies, largest first](https://www.sectoralpha.in/sectors/pumps#all-companies)

### Companies close in size in other industries

1. [Ashapura Minechem Ltd](https://www.sectoralpha.in/stocks/ashapura-minechem-ltd) ₹3,904 crore · Mining/Minerals
2. [Intelligent Supply Chain Infrastructure Trust](https://www.sectoralpha.in/stocks/intelligent-supply-chain-infrastructure-trust) ₹3,901 crore
3. WPIL Ltd ₹3,892 crore
4. [Bannari Amman Sugars Ltd](https://www.sectoralpha.in/stocks/bannari-amman-sugars-ltd) ₹3,888 crore · Sugar
5. [Yasho Industries Ltd](https://www.sectoralpha.in/stocks/yasho-industries-ltd) ₹3,888 crore · Speciality Chemicals

## What else do people ask about WPIL? ### What is WPIL's share price today? WPIL Ltd's share price is ₹377.60, −16.2% over the past year. The whole company is worth ₹3,688 Cr on the market. In the last 52 weeks it traded between ₹365 to ₹507; today it is 9% of the way up from the low, 12.5% below its 200-day average (as of 3 November 2026). ### What were WPIL's latest quarterly results? WPIL Ltd reported revenue of ₹354 Cr and net profit of ₹34.0 Cr for the Sep 2026 quarter. Revenue fell 16.9% and profit fell 34.6% compared with a year earlier. Earnings per share were ₹2.27. The operating margin was 13.0%, 6.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is WPIL's market cap? WPIL Ltd's market capitalisation is ₹3,688 Cr at a share price of ₹377.60. 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 WPIL performing? WPIL Ltd's share price has been stalling near its high for 6 weeks. In its latest quarter, revenue fell 16.9% and profit fell 34.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 8 weeks running (as of 3 November 2026). ### Will WPIL's share price go up? This page does not forecast WPIL Ltd's share price. What it shows instead: the share price is ₹377.60, and it has been stalling near its high for 6 weeks. Its P/E of 24.5× is higher than 67% of its own last 11 years (as of 3 November 2026). ### Who owns WPIL? Promoters own 70.8% of WPIL Ltd, foreign institutions 5.6%, domestic institutions 2.9% and the public 20.7% (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 WPIL in its business cycle? WPIL Ltd's FY26 operating margin was 17.0%, against a 13-year range of 7.0% to 20.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 13.0%. 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 WPIL story? The main question: yearly earnings per share moved +19.7% while the share price moved −16.2%. 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 WPIL a stock worth studying right now? What the numbers show: WPIL 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: whether the price catches up with earnings that have already grown. 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 WPIL share price forecast for 2026? What management itself guided: Full-year operating margin inside 15-20% band centered on 17-18% goal. What would change the story: The thesis improves if operating cash flow turns positive, working-capital days fall and South African revenue begins to convert without a further rise in borrowings. It fails if receivables remain elevated, management again shifts the JJM collection date, or project growth requires more debt-funded working capital. This is research, not advice. We’re not SEBI-registered.