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Wendt (India) Ltd (WENDT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505412 NSE: WENDT Abrasives | Small Cap | Wendt (India) Share Price

₹8,069.45 -42.45 (-0.52%)

As on 03-Jul'26 16:59

Wendt (India) Ltd (WENDT)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505412 NSE: WENDT Abrasives | Small Cap | Wendt (India) Share Price

₹8,069.45 -42.45 (-0.52%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,614 Cr.
Current Price
₹8,069.5
52-Week Low / High
₹5,850 / 13,000
TTM EPS
₹113.8
TTM Sales
₹209 Cr.
Book Value per Share
₹1,169.3
P/E Ratio
70.94
Higher than its 5-year historical median
Industry PE
54.4
Price to Book (P/B)
6.90
Lower than its 5-year historical median
Price to Sales (P/S)
7.71
Lower than its 5-year historical median
EV/EBITDA
35.65
Higher than its 5-year historical median
Dividend Yield
0.37%
Profitability Efficiency
Return on Equity (ROE)
10.03%
Underperforms industry median
Return on Capital Employed (ROCE)
13.57%
Underperforms industry median
Return on Assets (ROA)
8.21%
Operating Profit Margin
19.2%
Net Profit Margin
10.87%
Gross Profit Margin
21.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-2.59%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-24.3%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-40.59%
Asset Quality
Promoter Holding
37.50%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹232 Cr.
Equity
₹2 Cr.
Face Value
₹10
All Time Low / High
₹12.50 / 18000.00

Wendt (India) stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Strong
Q.1 Is Wendt (India) Ltd a good quality company?
Wendt (India) Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Wendt (India) Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Wendt (India) Ltd vs industry peers?
Wendt (India) Ltd revenue CAGR is 11.75%, compared to the industry median CAGR of 12.01%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Wendt (India) Ltd?
Promoters hold 37.50% of the Wendt (India) Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Wendt (India) Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 14.1% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Wendt (India) Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 16.4%16.4%17.4%10.9%13.9%27%33.7%29.2%24.3%13.6%-
Value Creation
Index
0.20.20.2-0.20.00.91.41.10.70.0-

Growth Parameters

Sales 130129143123121160194209215209209
Sales YoY Gr.--0.1%10.4%-13.7%-2.1%32.6%21.2%7.6%3%-2.6%-
Adj EPS 56.957.366.238.762.7129.4193.7188.6166.698.6113.8
YoY Gr.-0.8%15.4%-41.6%62.1%106.5%49.7%-2.7%-11.7%-40.8%-
BVPS (₹) 512.2545.4573.1598.3627.9720.7846.7960.11,098.81,169.31,169.3
Adj Net
Profit
11.411.513.27.712.525.938.737.733.319.723
Cash Flow from Ops. 16.420.929.1105.634.231.326.732.932.9-
Debt/CF from Ops. 00000.200000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 5.5%11.6%2.6%-2.6%
Adj EPS 6.3%9.5%-20.2%-40.8%
BVPS9.6%13.2%11.4%6.4%
Share Price 15.4% 13.7% -7.1% -15%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
11.410.811.86.610.219.224.720.916.28.79.7
Op. Profit
Mgn %
17.117.917.611.616.124.127.9262419.219.3
Net Profit
Mgn %
8.88.99.36.310.416.22018.115.59.410.9
Debt to
Equity
00000000000
Working Cap
Days
145161156182200156139158182194124
Cash Conv.
Cycle
68856573826561809611190

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales129129143123121160194209215209
Operating Expenses + 107106118109102122140154163170
Manufacturing Costs21192421162428313032
Material Costs43414338425060697171
Employee Cost 24262931293134364044
Other Costs 19202219151719192323
Operating Profit 22232514193854545239
Operating Profit Margin (%) 17.1%17.9%17.5%11.4%15.8%24.0%27.8%26.0%24.0%18.7%
Other Income + 4448767786
Exceptional Items 0000010000
Interest 1101110010
Depreciation 101010988881014
Profit Before Tax 16171912173653525030
Tax 4463491213118
Profit After Tax 1212139132740403823
PAT Margin (%) 9.0%9.5%9.4%7.6%10.7%16.9%20.7%18.9%17.8%10.9%
Adjusted EPS (₹)58.561.567.346.764.6135.5200.6197.5191.5113.8
Dividend Payout Ratio (%)42.80%40.70%44.60%53.50%46.50%48%39.90%25.30%26.10%26.40%

Valuation of Wendt (India) - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 102109115120126144169192220234
Share Capital 2222222222
Reserves 100107113118124142167190218232
Debt +0000110010
Long Term Debt0000000000
Short Term Debt0000110010
Minority Interest0000000000
Trade Payables12172320222222242927
Others Liabilities 19192523151716182519
Total Liabilities 134146163163164184208234275280

Fixed Assets

Net Fixed Assets +595452515452555798103
Gross Block114118124132142148158166215232
Accumulated Depreciation556472818896103109117129
CWIP 22541122103
Investments 15223635376268714961
Inventories18192326222632343446
Trade Receivables29342723333338516648
Cash Equivalents 361010222435
Others Assets 88111314812141513
Total Assets 134146163163164184208234275280

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 1621291063431273333
PBT 16171912173653525030
Adjustment 78744443313
Changes in Working Capital -3111-2-112-15-14-11-0
Tax Paid -3-4-9-4-4-8-10-15-9-10
Cash Flow From Investing Activity + -11-12-21-81-26-16-8-25-21
Capex -10-5-8-12-10-5-10-16-54-11
Net Investments -1-7-1321-25-32297
Others 10-02104-351-17
Cash Flow From Financing Activity + -6-6-7-3-6-8-16-16-9-9
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0-0-0-00-0-0
Dividend Paid -6-6-7-3-7-8-15-16-10-8
Others 000010-101-1
Net Cash Flow -131-100-13-13

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)11.711.6312.047.9710.5320.0925.621.8618.610.03
ROCE (%)16.4116.4317.3710.8613.9327.0233.6629.1724.3313.57
Asset Turnover Ratio1.060.940.920.760.740.920.990.950.850.76
PAT to CFO Conversion(x)1.331.752.231.110.461.260.780.680.871.43
Working Capital Days
Receivable Days74.9086.7078.2074.9084.8074.9066.5078.1099.6098.90
Inventory Days47.1051.605372.3073.5054.9053.9057.205870.30
Payable Days129.40132.60173.20208.40185.10157.60132.80121.40135.70145.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Wendt (India) Ltd FAQs

The current trading price of Wendt (India) on 03-Jul-2026 16:59 is ₹8,069.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jul-2026 the market cap of Wendt (India) stood at ₹1,613.9 Cr

The latest P/E ratio of Wendt (India) as of 02-Jul-2026 is 70.94.

The latest P/B ratio of Wendt (India) as of 02-Jul-2026 is 6.90.

The 52-week high of Wendt (India) is ₹13,000 and the 52-week low is ₹5,850.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Wendt (India) is ₹209 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Wendt (India) Ltd is a good quality company.

The key valuation ratios of Wendt (India) Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Wendt (India) Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Wendt (India) Ltd

Wendt India, a joint venture between Murugappa Group and the Wendt Group, started in 1983. Wendt India is a leading producer of Diamond / CBN products in India, from its state-of-the-art production facility near Bangalore.

Wendt India offers a full range of wheels for various applications in Tool Making, Automotive Industry, Steel Plants, Glass Industry, Refractory Industry, Ceramic Industry and general tool rooms including specific solutions to customers needs.

Wendt India also offers complete customized solutions for customers' grinding and honing requirements. Design and manufacture of special wheels, dressing attachments, dressing rolls/tools and a full back-up service support makes WENDT INDIA a preferred Solution provider for its customers.

Wendt (India) manufactures world renowned range of Diamond / CBN grinding tools and machines for cutting tools and wire rod mills, as well as a comprehensive range of diamond / CBN products that cater to virtually every segment of the engineering industry.

Wendt provides grinding solutions to industries as diverse as automobile, ceramics, carbide HSS cutting tools, glass, refractories, machine tools, steel, watch, aerospace, engineering and many more. Wendt technological superiority comes from its international heritage and access to the latest technology.

Wendt is a group of companies whose center is the WENDT GmbH at Meerbusch, Germany. Added to other registered offices the plants Niederstetten and Jena are part of the WENDT GmbH.

Product range of the company includes:

  • Diamond / CBN products in India
  • Resin
  • Metal
  • Electroplated
  • Vitrified Bonded
  • Diamond
  • CBN-Tools
  • Diamond Dressers
  • Hones.

Achievements/  recognitionObtained ISO 9001 Certification from RWTUV

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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