| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 0.4 | 26.1 | −98.3% |
| EBITDA | −2.6 | 3.3 | — |
| EBITDA margin | −600.0% | 12.7% | −612.7 pts |
| Profit before tax | 1.9 | 1.8 | +5.6% |
| Net profit | 1.8 | 1.4 | +31.6% |
| EPS | ₹0.24 | ₹0.19 | +26.3% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 549 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 27.5 | 27.5 | 24.9 | 36.9 | 0.0 | ||
| −0.5 | −0.5 | −0.1 | — | — | ||
| 66.0 | 66.0 | 84.4 | 70.8 | 64.3 | ||
| 587 | — | — | — | — | ||
| 65.9 | 91.5 | 239 | 326 | 79.7 | ||
| — | −61.7% | −26.8% | +309.7% | — | ||
| 3.2 | 9.1 | 10.8 | 41.2 | 0.1 | ||
| 4.9% | 9.9% | 4.5% | 12.6% | 0.1% | ||
| 1.5 | 7.3 | 8.8 | 40.5 | −0.1 | ||
| 2.7 | 2.2 | −17.8 | 46.9 | 19.6 | ||
| 4.0% | 2.4% | −7.4% | 14.4% | 24.7% | ||
| ₹0.41 | ₹0.34 | −₹2.32 | ₹6.19 | ₹2.59 | ||
| — | +114.8% | −137.4% | +139.1% | — | ||
| — | −6.0 | −82.6 | 113 | −105 | ||
| — | −88.5 | −8.2 | −127 | −0.6 | ||
| −94.4 | −94.4 | −90.7 | −14.0 | −105 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 548.8 | |
| - Cash, Equiv & ST Investments | 0.0 | 36.9 | 24.9 | 27.5 | 27.5 | |
| + Minority Interest | — | — | -0.1 | -0.5 | -0.5 | |
| + Total Debt | 64.3 | 70.8 | 84.4 | 66.0 | 66.0 | |
| Enterprise Value | — | — | — | — | 586.8 | |
| Revenue | 79.7 | 326.4 | 239.0 | 91.5 | 65.9 | |
| Growth %, YoY | — | +309.7 | -26.8 | -61.7 | — | |
| EBITDA | 0.1 | 41.2 | 10.8 | 9.1 | 3.2 | |
| Margin % | 0.10 | 12.62 | 4.53 | 9.91 | 4.86 | |
| EBIT | -0.1 | 40.5 | 8.8 | 7.3 | 1.5 | |
| Net Income | 19.6 | 46.9 | -17.8 | 2.2 | 2.7 | |
| Margin % | 24.65 | 14.38 | -7.43 | 2.42 | 4.02 | |
| EPS, Adj (current shares) | 2.59 | 6.19 | -2.32 | 0.34 | 0.41 | |
| Growth %, YoY | — | +139.1 | -137.4 | +114.8 | — | |
| Cash from Operations | -104.6 | 113.2 | -82.6 | -6.0 | — | |
| Capital Expenditures | -0.6 | -127.3 | -8.2 | -88.5 | — | |
| Free Cash Flow | -105.2 | -14.0 | -90.7 | -94.4 | -94.4 | |
Prices at the previous close · figures from the company's filings with NSE
W S Industries (I) (NSE: WSI) had a market capitalisation of ₹549 crore at the previous close (₹72.32 a share), a PE ratio of 178.2 on the last four quarters' profit and a price-to-book ratio of 1.39. In FY26 its consolidated net profit was ₹2.6 crore on revenue of ₹91.5 crore; in Q1 FY27 (April–June 2026) it was ₹1.9 crore, up 33.3% year on year. Its debt-to-equity ratio was 0.17 on 31 March 2026. Promoters held 52.02% of the shares on 30 September 2026.
W S Industries (I)'s PE ratio is 178.2 at the previous close (₹72.32 a share): a market capitalisation of ₹549 crore divided by consolidated net profit of ₹3.1 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹2.6 crore) it is 211.1.
W S Industries (I)'s debt-to-equity ratio was 0.17 on 31 March 2026: borrowings of ₹66 crore against total equity of ₹395 crore. A year earlier, on 31 March 2025, it was 0.43.
W S Industries (I)'s net worth — shareholders' equity in its consolidated balance sheet — was ₹395 crore on 31 March 2026, up 99.1% from ₹198 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹549 crore at the previous close.
W S Industries (I)'s price-to-book (PB) ratio is 1.39 at the previous close: a market capitalisation of ₹549 crore divided by shareholders' equity (book value) of ₹395 crore on 31 March 2026. That is a book value of ₹52.06 per share against a share price of ₹72.32.
In FY26, W S Industries (I)'s return on equity (ROE) was 0.9% and its return on capital employed (ROCE) was 2.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −10.5% and ROCE 3.6%.
Promoters held 52.02% of W S Industries (I) on 30 September 2026, up 0.35 percentage points from 51.67% the previous quarter and down 9.11 percentage points from 61.13% a year earlier, according to the shareholding pattern filed with NSE.
W S Industries (I)'s market capitalisation was ₹549 crore at the previous close: 7.59 crore shares at ₹72.32 each.
No. W S Industries (I) had borrowings of ₹66 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.17. Its cash and current investments were ₹108 crore, so it held net cash of ₹42.3 crore.
W S Industries (I)'s basic earnings per share (EPS) were ₹0.33 in FY26.
W S Industries (I)'s book value per share was ₹52.06 on 31 March 2026: shareholders' equity of ₹395 crore divided by the 7.59 crore shares in issue. The share price at the previous close was ₹72.32.
In FY26, W S Industries (I) generated ₹6 crore of cash from operations and spent ₹88.5 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹94.4 crore. In FY25 it was −₹90.7 crore.
W S Industries (I)'s latest results are for Q1 FY27 (April–June 2026), filed on 10 August 2026: consolidated net profit ₹1.9 crore, up 33.3% from ₹1.4 crore in Q1 FY26; revenue from operations ₹43 lakh, down 98.3% year on year.
On 30 September 2026, W S Industries (I)'s shares were held by promoters 52.02%, foreign portfolio investors (FII/FPI) 13.18%, domestic institutions (DII) 0.09% (including mutual funds at 0.00%) and retail and other non-institutional investors 34.71%. Over the year, FII holding was up 12.20 percentage points from 0.98% and DII holding was down 0.02 percentage points from 0.11%.
In FY26 (April 2025–March 2026), W S Industries (I)'s consolidated net profit was ₹2.6 crore, against a loss of ₹17.6 crore in FY25, on revenue from operations of ₹91.5 crore (down 61.7%). Over three years, from FY23, net profit was down 86.8%.
In FY26, W S Industries (I) earned net profit of ₹2.6 crore on revenue of ₹91.5 crore, against ₹150 crore on ₹851 crore for Vishnu Prakash R Punglia. W S Industries (I)'s operating margin was 8.0% (Vishnu Prakash R Punglia −12.2%) and its return on equity 0.9% (Vishnu Prakash R Punglia −21.3%).
W S Industries (I) has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Vishnu Prakash R Punglia, Markolines Pavement Technologies and Zodiac Energy: W S Industries (I)'s operating margin of 8.0% is the third highest of the four (Vishnu Prakash R Punglia −12.2%, Markolines Pavement Technologies 9.5%, Zodiac Energy 8.4%; peer average 1.9%); its return on equity of 0.9% is the third highest of the four (Vishnu Prakash R Punglia −21.3%, Markolines Pavement Technologies 13.0%, Zodiac Energy 18.0%; peer average 3.2%).
From W S Industries (I)'s own consolidated results, balance sheets and shareholding patterns filed with NSE. Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.