| Scrip Code | 507410 |
|---|---|
| NSE Symbol | WALCHANNAG |
| MSEI Symbol | NOTLISTED |
| ISIN | INE711A01022 |
| Name of company | WALCHANDNAGAR INDUSTRIES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 29-01-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 20-01-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Third quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Unaudited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 29-01-2026 04:32:00 |
| End date and time of board meeting | 29-01-2026 05:59:00 |
| Whether cash flow statement is applicable on company | |
| Type of cash flow statement | |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| NO DEFAULT WAS BY THE COMPANY ON LOAN TAKEN DURING THE SAID PERIOD. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 8,095.00 | 18,217.00 | |
| Other income | 306.00 | 1,087.00 | |
| Total income | 8,401.00 | 19,304.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 2,910.00 | 7,278.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 340.00 | 669.00 |
| (d) | Employee benefit expense | 2,079.00 | 5,883.00 |
| (e) | Finance costs | 954.00 | 2,915.00 |
| (f) | Depreciation, depletion and amortisation expense | 280.00 | 826.00 |
| (f) | Other Expenses | ||
| 1 | Sub-contracting Expenses, Processing Charges and Other Direct Costs | 379.00 | 1,149.00 |
| 2 | Other Expenses | 857.00 | 2,211.00 |
| Total other expenses | 1,236.00 | 3,360.00 | |
| Total expenses | 7,799.00 | 20,931.00 | |
| 3 | Total profit before exceptional items and tax | 602.00 | (1,627.00) |
| 4 | Exceptional items | (136.00) | (136.00) |
| 5 | Total profit before tax | 466.00 | (1,763.00) |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 0.00 | 0.00 |
| 9 | Total tax expenses | 0.00 | 0.00 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 466.00 | (1,763.00) |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 466.00 | (1,763.00) |
| 17 | Other comprehensive income net of taxes | (26.00) | 557.00 |
| 18 | Total Comprehensive Income for the period | 440.00 | (1,206.00) |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 1,357.00 | 1,357.00 | |
| Face value of equity share capital | 2 | 2 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 0.68 | -2.6 | |
| Diluted earnings (loss) per share from continuing operations | 0.68 | -2.6 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.68 | -2.6 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.68 | -2.6 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. The above financial results have been prepared in accordance with Indian Accounting Standard as prescribed under Section 133 of the Companies Act 2013 read with Rule 3 of the Companies Indian Accounting Standard Rules 2015 and the Companies Indian Accounting Standard Amendment Rules 2021. 2. The above Financial Results have been reviewed by the Audit Committee and thereafter approved and taken on record by the Board of Directors at its meeting held on January 29 2026. 3.The company is engaged in segments namely Heavy Engineering Foundry Machine shop and Others.These segments have been reported in a manner consistent with the internal reporting provided to the Chief Operating Decision Maker. 4. On November 21 2025 the Government of India notified the four Labour Codes the Code on Wages 2019 the Industrial Relations Code 2020 the Code on Social Security 2020 and the Occupational Safety Health and Working Conditions Code 2020 consolidating 29 existing labour laws.The Ministry of Labour and Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations.The Company has assessed and disclosed the incremental impact of these changes on the basis of the best information available consistent with the guidance provided by the Institute of Chartered Accountants of India.Considering the materiality and regulatory driven non recurring nature of this impact the Company has presented such incremental impact as Statutory impact of new Labour Codes under Exceptional Items in the interim statement of profit and loss for the period ended December 31 2025.The incremental impact consisting of gratuity of rs.115 Lakh and compensated absences of rs.21 Lakh primarily arises due to change in wage definition.The Company continues to monitor the finalisation of Central State Rules and clarifications from the Government on other aspects of the Labour Code and would provide appropriate accounting effect on the basis of such developments as needed. 5.During the quarterthe Company has issued 15609 equity shares under the ESOP 2020 and recognized an expense of rs.23 lakhs under Employee Benefits Expense. 6. The lockout stood withdrawn with effect from November 24 2025 and manufacturing operations were resumed from December 20 2025 at the Companys Foundry plant located at Satara Maharashtra 7. Figures for the previous periods have been regrouped reclassified where necessary to confirm to the current period classification. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-10-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 31-12-2025 | 31-12-2025 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Heavy Engineering | 7,404.00 | 16,202.00 | ||||
| 2 | Foundry and Machine Shop | 0.0011 | 0.00326 | ||||
| 3 | Others | 0.00582 | 1,692.00 | ||||
| 4 | Exceptional Item | 0.00 | 0.00 | ||||
| Total Segment Revenue | 8,096.00 | 18,220.00 | |||||
| Less: Inter segment revenue | 1.00 | 3.00 | |||||
| Revenue from operations | 8,095.00 | 18,217.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Heavy Engineering | 1,622.00 | 1,482.00 | ||||
| 2 | Foundry and Machine Shop | (105.00) | (313.00) | ||||
| 3 | Others | 121.00 | 379.00 | ||||
| 4 | Exceptional Item | (136.00) | (136.00) | ||||
| Total Profit before tax | 1,502.00 | 1,412.00 | |||||
| i. Finance cost | 953.00 | 2,915.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 83.00 | 261.00 | |||||
| Profit before tax | 466.00 | (1,764.00) | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Heavy Engineering | 78,473.00 | 78,473.00 | ||||
| 2 | Foundry and Machine Shop | 4,418.00 | 4,418.00 | ||||
| 3 | Others | 2,035.00 | 2,035.00 | ||||
| 4 | Exceptional Item | 0.00 | 0.00 | ||||
| Total Segment Asset | 84,926.00 | 84,926.00 | |||||
| Un-allocable Assets | 174.00 | 174.00 | |||||
| Net Segment Asset | 85,100.00 | 85,100.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Heavy Engineering | 44,630.00 | 44,630.00 | ||||
| 2 | Foundry and Machine Shop | 2,454.00 | 2,454.00 | ||||
| 3 | Others | 355.00 | 355.00 | ||||
| 4 | Exceptional Item | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 47,439.00 | 47,439.00 | |||||
| Un-allocable Liabilities | 2,377.00 | 2,377.00 | |||||
| Net Segment Liabilities | 49,816.00 | 49,816.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-10-2025 | 01-04-2025 |
| B | Date of end of reporting period | 31-12-2025 | 31-12-2025 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | �Remeasurements of the Defined Benefit Liabilities - gain / (loss) | (25.00) | 559.00 |
| 2 | Equity Instruments through Other Comprehensive Income - gain / (loss) | (1.00) | (2.00) |
| Total Amount of items that will not be reclassified to profit and loss | (26.00) | 557.00 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 0.00 | 0.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 0.00 | 0.00 |
| 5 | Total Other comprehensive income | (26.00) | 557.00 |
| Mode of Fund Raising | Preferential Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 03-11-2023 |
| Amount Raised | 24,759.00 |
| Report filed for Quarter ended | 31-12-2025 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | ICRA Limited |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | NA |
| Comments of the auditors, if any |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | To repay loan to promoter group entities by attributing or appropriating such loan towards consideration of warrants or shares | NA | 31.59 | 0.00 | 31.59 | 0.00 | |
| 2 | Repayment of Term Loan or Working Capital facility | NA | 41.00 | 45.00 | 45.00 | 0.00 | No Deviation Board Resolution passed to approve the reallocation of the proceeds allocated towards the exercise of Capital Expenditure to Repayment of loans of INR 4 crore |
| 3 | Capital Expenditure Plant and Equipment Building Shades Furniture and Fixtures Computers and Office Equipment | NA | 105.00 | 84.00 | 59.96 | 0.00 | No Deviation The company has utilized the Capital Expenditure money of INR 21 crore for repayment of loan and Working Capital |
| 4 | Working Capital | NA | 50.00 | 67.00 | 64.19 | 0.00 | No Deviation Board Resolution passed to approve the reallocation of the proceeds allocated towards the exercise of Capital Expenditure to Working Capital of INR 17 crore. |
| 5 | General Corporate Purposes | NA | 20.00 | 0.00 | 20.00 | 0.00 |
| Name of signatory | Giriraj Sharan Agrawal |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Mumbai |
| Date | 30-01-2026 |