SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Wendt (India) Ltd (WENDT)

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

₹7,657.50 -151.60 (-1.94%)

As on 24-Jun'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

₹7,657.50 -151.60 (-1.94%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,532 Cr.
Current Price
₹7,657.5
52-Week Low / High
₹5,850 / 13,000
TTM EPS
₹113.8
TTM Sales
₹207 Cr.
Book Value per Share
₹1,169.3
P/E Ratio
67.32
Higher than its 5-year historical median
Industry PE
55.5
Price to Book (P/B)
6.55
Lower than its 5-year historical median
Price to Sales (P/S)
7.42
Lower than its 5-year historical median
EV/EBITDA
34.08
In line with its 5-year historical median
Dividend Yield
0.65%
Profitability Efficiency
Return on Equity (ROE)
18.60%
Underperforms industry median
Return on Capital Employed (ROCE)
24.33%
Underperforms industry median
Return on Assets (ROA)
15.07%
Operating Profit Margin
24%
Net Profit Margin
17.82%
Gross Profit Margin
27.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
3.01%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-4.69%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-3.06%
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
mw4me loader

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'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 16.6%16.4%16.4%17.4%10.9%13.9%27%33.7%29.2%24.3%-
Value Creation
Index
0.20.20.20.2-0.20.00.91.41.10.7-

Growth Parameters

Sales 118130129143123121160194209215207
Sales YoY Gr.-9.6%-0.1%10.4%-13.7%-2.1%32.6%21.2%7.6%3%-
Adj EPS 50.356.957.366.238.762.7129.4193.7188.6166.6113.8
YoY Gr.-13.1%0.8%15.4%-41.6%62.1%106.5%49.7%-2.7%-11.7%-
BVPS (₹) 487.2512.2545.4573.1598.3627.9720.7846.7960.11,098.81,169.3
Adj Net
Profit
10.111.411.513.27.712.525.938.737.733.323
Cash Flow from Ops. 9.416.420.929.1105.634.231.326.732.9-
Debt/CF from Ops. 000000.20000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.9%11.8%10.3%3%
Adj EPS 14.2%33.9%8.8%-11.7%
BVPS9.5%12.9%15.1%14.5%
Share Price 15.6% 13.9% -7.8% -9.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
10.711.410.811.86.610.219.224.720.916.210
Op. Profit
Mgn %
1617.117.917.611.616.124.127.9262419.3
Net Profit
Mgn %
8.58.88.99.36.310.416.22018.115.511
Debt to
Equity
00000000000
Working Cap
Days
229145161156182200156139158182124
Cash Conv.
Cycle
5568856573826561809690

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales118129129143123121160194209215
Operating Expenses + 99107106118109102122140154163
Manufacturing Costs19211924211624283130
Material Costs40434143384250606971
Employee Cost 21242629312931343640
Other Costs 20192022191517191923
Operating Profit 19222325141938545452
Operating Profit Margin (%) 16.0%17.1%17.9%17.5%11.4%15.8%24.0%27.8%26.0%24.0%
Other Income + 5444876778
Exceptional Items 0000001000
Interest 1110111001
Depreciation 81010109888810
Profit Before Tax 15161719121736535250
Tax 5446349121311
Profit After Tax 1012121391327404038
PAT Margin (%) 8.8%9.0%9.5%9.4%7.6%10.7%16.9%20.7%18.9%17.8%
Adjusted EPS (₹)52.158.561.567.346.764.6135.5200.6197.5191.5
Dividend Payout Ratio (%)48%42.80%40.70%44.60%53.50%46.50%48%39.90%25.30%26.10%

Valuation of Wendt (India) - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 97102109115120126144169192220
Share Capital 2222222222
Reserves 95100107113118124142167190218
Debt +0000011001
Long Term Debt0000000000
Short Term Debt0000011001
Minority Interest0000000000
Trade Payables18121723202222222429
Others Liabilities 16191925231517161825
Total Liabilities 132134146163163164184208234275

Fixed Assets

Net Fixed Assets +55595452515452555798
Gross Block102114118124132142148158166215
Accumulated Depreciation47556472818896103109117
CWIP 62254112210
Investments 14152236353762687149
Inventories18181923262226323434
Trade Receivables29293427233333385166
Cash Equivalents 136101022243
Others Assets 10881113148121415
Total Assets 132134146163163164184208234275

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 916212910634312733
PBT 15161719121736535250
Adjustment 5787444433
Changes in Working Capital -6-3111-2-112-15-14-11
Tax Paid -4-3-4-9-4-4-8-10-15-9
Cash Flow From Investing Activity + -4-11-12-21-81-26-16-8-25
Capex -13-10-5-8-12-10-5-10-16-54
Net Investments 5-1-7-1321-25-3229
Others 310-02104-351
Cash Flow From Financing Activity + -6-6-6-7-3-6-8-16-16-9
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -0-0-0-0-0-0-0-00-0
Dividend Paid -6-6-6-7-3-7-8-15-16-10
Others 0000010-101
Net Cash Flow -1-131-100-13-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)11.1111.711.6312.047.9710.5320.0925.621.8618.6
ROCE (%)16.5616.4116.4317.3710.8613.9327.0233.6629.1724.33
Asset Turnover Ratio0.821.060.940.920.760.740.920.990.950.85
PAT to CFO Conversion(x)0.91.331.752.231.110.461.260.780.680.87
Working Capital Days
Receivable Days71.7074.9086.7078.2074.9084.8074.9066.5078.1099.60
Inventory Days4947.1051.605372.3073.5054.9053.9057.2058
Payable Days155.90129.40132.60173.20208.40185.10157.60132.80121.40135.70

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 24-Jun-2026 16:59 is ₹7,657.5.

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 23-Jun-2026 the market cap of Wendt (India) stood at ₹1,531.5 Cr

The latest P/E ratio of Wendt (India) as of 23-Jun-2026 is 67.32.

The latest P/B ratio of Wendt (India) as of 23-Jun-2026 is 6.55.

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 ₹207 ( 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

You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

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.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: