| New Order Inflow | ₹99.46 CrQ2 FY27 Total |
|---|---|
| Market Cap | ₹1,277.84 CrSmall Cap |
| Revenue TTM | ₹316.58 CrOperating |
| Day RSI | 35.72Neutral Zone |
| Deal value | ₹99.46 Cr |
| Share of market cap | 7.8% |
| Share of annual revenue | 31.4% |
Key highlights
- Secured fresh orders worth ₹99.46 crore during the September 2026 quarter
- Aerospace segment contributed ₹38.13 crore to the total order inflow
- Total revenue for Q2 FY27 surged 77% year-on-year to ₹98.15 crore
- Reported fourth consecutive quarter of positive PBT at ₹47 lakhs
- Nuclear business reached a milestone with the release of the End Shield tender
A ₹99.46 Crore Order Surge Led by Aerospace
Walchandnagar Industries secured fresh orders totaling ₹99.46 crore during the second quarter of FY27, with the aerospace division contributing ₹38.13 crore. This inflow continues a series of high-precision engineering wins, including a ₹30.53 crore order from the Vikram Sarabhai Space Centre in August 2026 for the Gaganyaan mission. The recent order bookings represent approximately 31.4% of the company's trailing twelve-month revenue, strengthening an order book that stood at ₹374.56 crore as of June 30, 2026.
The focus remains on building a robust pipeline in strategic growth sectors like defense and space.
Nuclear Segment Enters Key Tender Phase
- Released the tender for End Shield hardware, marking a key nuclear milestone
- Positioned to benefit from the Shanti Bill passed by Parliament in December 2025
- Anticipates increased private sector participation in India's nuclear power program
- Expects significant order flow from private players over the next 12 months
- Leveraging 117 years of operational legacy in complex precision manufacturing
Financial Recovery and Strategic Turnaround
The company reported a 77% year-on-year increase in total revenue for Q2 FY27, reaching ₹98.15 crore. This growth translated into an EBITDA of ₹13.42 crore, a sharp rise from just ₹61 lakhs in the corresponding quarter last year. By maintaining a positive Profit Before Tax of ₹47 lakhs, the company has delivered four straight quarters of profitability.
This sustained performance reflects a sharper emphasis on high-margin business and cost focus. Management previously indicated a target of achieving ₹600 crore in annual revenue for FY27 while planning to triple manufacturing capacity over the coming months.
| Date | Announcement | Amount |
|---|---|---|
| 20 Aug 2026 | Receipt of purchase order from Vikram Sarabhai Space Centre (VSSC) for fabrication, proof pressure testing, and supply of HS200 Motorcase Segments for the Gaganyaan missionSource: NSE filing | ₹30.53 Cr |
| 31 Mar 2025 | Receipt of contract order from Vikram Sarabhai Space Centre (VSSC) for fabrication and supply of S139 segment hardwareSource: walchand.com | ₹30.75 Cr |
| 24 Dec 2024 | Receipt of purchase order from Fluorine Korea Co. Ltd. for manufacture and supply of HF Reactor for the FK Fischer ProjectSource: investmentguruindia.com | ₹44.94 Cr |
What to watch next
- Announcement of detailed rules under the Shanti Bill for private nuclear participation
- Bidding results for the recently released Nuclear End Shield tender
- Progress on manufacturing capacity expansion over the next 18 to 20 months
- Execution of aerospace orders worth ₹38.13 crore secured in Q2 FY27
| Share price | ₹187.9 |
|---|---|
| Market capitalisation | ₹1,277.84 Cr |
| Revenue (annual) | ₹275.19 Cr |
| Net profit (annual) | -₹14.68 Cr |
| Revenue (latest quarter) | ₹90.83 Cr-2.35% vs previous quarter |
| Net profit (latest quarter) | ₹1.18 Cr-59.86% vs previous quarter |
| P/E (TTM) | -409.56×Sector 51.5× |
| Promoter holding | 31.56%-0.03% QoQ |
| FII holding | 0.73%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Walchandnagar Industries Ltd announcing financial results and order updates for the quarter ended September 30, 2026. Market figures from a third-party data provider.
