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W.S. Industries (India) Limited

W.S. Industries (India) Limited

NSE: WSI
Engineering & ConstructionIndustrialsSMALL CAPMCap ₹537.6 Cr
₹70.84₹-0.70 (-0.98%)

Market Closed • NSE

Market cap₹537.6 Cr
Enterprise value₹532.1 Cr
P/E TTM253.00
P/B1.22
EPS TTM₹0.28
ROCE3.06%
D/E0.17
Dividend yield0.00%
Face value₹10.00
52W high₹95.00
52W low₹50.10
Price chart(1Y)
1Y Return:+2.59% (+₹1.79)
H: ₹76.63L: ₹50.1
1W+22.26%
1M+25.16%
3M+14.55%
6M-3.29%
1Y-10.04%
Today at a glance

Day range

₹69.25₹73.28

52 week range

₹50.10₹95.00
Volume120.6K1.47x 20D avg
Free float50.00%+47.10% volume

W.S. Industries (India) Limited closed at INR70.84 (-0.98%) on volume 1.47x its 20-day average, trading 25.43% below its 52-week high.

Technical analysis
RSI (14)72.3Overbought
MACDBULLISHBullish (Above signal)
ATR (14)₹4.17High
SMA 20₹57.71BULLISH
SMA 50₹59.05BULLISH
SMA 100₹62.24BULLISH
SMA 200₹68.47BULLISH
CPR bottom₹69.67
Pivot₹70.29
CPR top₹70.92
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -30.9% QoQ

2024-09-17

AGM Announced

Annual General Meeting

2023-09-18

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹68.5 Cr₹537.6 Cr12.74%≤ 33%PASS
Non-halal income ratio–₹91.5 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹512.7 Cr₹540.2 Cr94.90%≥ 20%PASS
Receivables ratio–₹540.2 Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E253.0028.10
Forward P/E——
P/B1.223.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield0.403.60
Growth & profitability
RevenuePAT
FY24PAT margin 14.40%
FY25PAT margin -7.40%
FY26PAT margin 2.40%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-27.40%
Revenue CAGR 5Y-22.40%
PAT CAGR 3Y—
PAT CAGR 5Y-43.90%
Operating margin-6.77%
Net margin4.67%
Financial health & cash flow
Net debt₹41.0 CrModerate
Interest coverage0.80xEBIT / interest
CFO / PAT-2.48x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-597.0 Lakh
Capital expenditure–
Free cash flow₹-9442.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall48/100
Valuation35/100
Profitability50/100
Financial health60/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.17x

Risks

Tight Debt Servicing: Interest coverage ratio is under 2.0x

Stretched Valuation: Trading at a high P/E multiple of 253.0x

Bull case

Market Leadership: Established operational scale in Engineering & Construction.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

70%47%23%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
1.22%Institutional holding
38.08%Public holding
5Periods available
0.00%Promoter pledged
20.38KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
—Annual General MeetingAnnual General Meeting—17 Sept 2024
—Annual General MeetingAnnual General Meeting—18 Sept 2023
—Annual General MeetingAnnual General Meeting—25 Aug 2022
—Annual General MeetingAnnual General Meeting—22 Sept 2021
—Annual General MeetingAnnual General Meeting—22 Sept 2020
—Annual General MeetingAnnual General Meeting—05 Sept 2019
—Annual General MeetingAnnual General Meeting—19 Sept 2018
—Annual General MeetingAnnual General Meeting—06 Nov 2017
—Annual General MeetingAnnual General Meeting—15 Dec 2016
—Annual General MeetingAnnual General Meeting—18 Sept 2015
—Annual General MeetingAnnual General Meeting—16 Mar 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)70.93%-6.05% latest vs average
Highest delivery95.41%on 29 Sept
Average volume (20D)82.0KTrading-session average
Conviction trendWeakening-6.05% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About W.S. Industries (India) Limited
W.S. Industries (India) Limited

Incorporated in 1961, WS Industries Ltd operates primarily in Infra segment[1]

IndiaIndustrials

Questions investors ask
Is W.S. Industries (India) Limited Shariah compliant?

W.S. Industries (India) Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (12.74%) complies with AAOIFI threshold (≤ 33%).

What is W.S. Industries (India) Limited's current valuation relative to peers?

W.S. Industries (India) Limited trades at a P/E of 253.0x compared to the sector median of 28.1x, and a Price-to-Book of 1.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.17x. Interest coverage is 0.8x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -22.4% while net profit growth averaged -43.9%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.