SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

WPIL Ltd (WPIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505872 NSE: WPIL Compressors / Pumps | Small Cap | WPIL Share Price

₹440 -3.65 (-0.82%)

As on 24-Jul'26 09:45

WPIL Ltd (WPIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 505872 NSE: WPIL Compressors / Pumps | Small Cap | WPIL Share Price

₹440 -3.65 (-0.82%)

As on 24-Jul'26 09:45

Key Metrics
Valuation Multiples
Market Cap
₹4,333 Cr.
Current Price
₹440
52-Week Low / High
₹342 / 524
TTM EPS
₹12
TTM Sales
₹763 Cr.
Book Value per Share
₹100.6
P/E Ratio
37.06
Higher than its 5-year historical median
Industry PE
45.7
Price to Book (P/B)
4.41
In line with its 5-year historical median
Price to Sales (P/S)
5.68
Higher than its 5-year historical median
EV/EBITDA
22.72
Higher than its 5-year historical median
Dividend Yield
0.45%
Profitability Efficiency
Return on Equity (ROE)
12.53%
Underperforms industry median
Return on Capital Employed (ROCE)
15.36%
Underperforms industry median
Return on Assets (ROA)
7.21%
Operating Profit Margin
21.3%
Net Profit Margin
15.33%
Gross Profit Margin
21.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-33.55%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-19.07%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-18.71%
Asset Quality
Promoter Holding
70.80%
Pledged shares (%) of Promoter's holding (%)
3.18%
Reserves
₹973 Cr.
Equity
₹9.8 Cr.
Face Value
₹1
All Time Low / High
₹0.10 / 768.00

WPIL stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is WPIL Ltd a good quality company?
WPIL 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 WPIL Ltd performance compare with that of its Peers?
Q.1 Revenue growth of WPIL Ltd vs industry peers?
WPIL Ltd revenue CAGR is 17.51%, compared to the industry median CAGR of 15.46%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of WPIL Ltd?
Promoters hold 70.80% of the WPIL Ltd, with 3.18% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of WPIL Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 28.5% 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.
WPIL 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 % 13.3%23.7%32.4%19.8%18.4%18.3%32.1%27.1%21.6%15.4%-
Value Creation
Index
-0.10.71.30.40.30.31.30.90.50.1-

Growth Parameters

Sales 2804225333723405301,0021,0771,148763763
Sales YoY Gr.-51%26.2%-30.2%-8.5%55.7%89.2%7.4%6.6%-33.6%-
Adj EPS 2.44.17.45.15.86.713.714.114.410.612
YoY Gr.-68%80.2%-31.5%14.2%15.7%105.4%2.6%2.3%-26.3%-
BVPS (₹) 2630.637.642.748.153.767.377.890.5100.6100.6
Adj Net
Profit
23.840.172.249.456.565.3134138141104117
Cash Flow from Ops. 18.845.810813.589.552.663.8-56.2-190-95.4-
Debt/CF from Ops. 41.40.35.30.10.70.6-2.5-1.6-3.6-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 11.8%17.5%-8.7%-33.6%
Adj EPS 17.8%13%-8.2%-26.3%
BVPS16.2%15.9%14.4%11.1%
Share Price 28.7% 33.9% 16.5% 3.4%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
9.914.521.712.612.713.222.719.417.111.111.9
Op. Profit
Mgn %
15.115.621.917.120.216.41717.917.521.321.3
Net Profit
Mgn %
8.59.513.513.316.612.313.412.812.313.615.3
Debt to
Equity
0.30.20.10.200.10.10.20.30.40.1
Working Cap
Days
406346346578618421288348403649291
Cash Conv.
Cycle
129835689112582357115266141

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales2804225333723405301,0021,0771,148763
Operating Expenses + 243356417309271443832884947600
Manufacturing Costs2542564240273638629645293
Material Costs1582472761931729594119162159
Employee Cost 28333534313441566780
Other Costs 32354940284258807368
Operating Profit 3766116636987171193201162
Operating Profit Margin (%) 13.3%15.6%21.8%17.0%20.2%16.3%17.0%17.9%17.5%21.3%
Other Income + 819930261437313038
Exceptional Items 0000000000
Interest 131071010912173137
Depreciation 3336566779
Profit Before Tax 2971116777986190199193155
Tax 9244318202247574939
Profit After Tax 204873596064143142144117
PAT Margin (%) 7.3%11.3%13.8%15.9%17.6%12.1%14.3%13.2%12.5%15.3%
Adjusted EPS (₹)2.14.97.56.16.16.514.614.514.712.0
Dividend Payout Ratio (%)9.60%8.20%10%12.40%16.40%15.30%13.70%27.50%13.60%16.70%

Valuation of WPIL - 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 254299367417470524657760884983
Share Capital 10101010101010101010
Reserves 244289357408460514647750874973
Debt +7662307263741134291322
Long Term Debt00001107554
Short Term Debt7662297163640126285267
Minority Interest0000000000
Trade Payables8511411410973220289363284133
Others Liabilities 2476132135129118195247166185
Total Liabilities 4395506437336798991,1821,5041,6241,622

Fixed Assets

Net Fixed Assets +48474655514888100120128
Gross Block525355697072110129155172
Accumulated Depreciation36914192421283544
CWIP 0000000210
Investments 42424242494949494940
Inventories21354874586180139131115
Trade Receivables178215188169154268361607672770
Cash Equivalents 332105310615718886112
Others Assets 146209316383313366446417565457
Total Assets 4395506437336798991,1821,5041,6241,622

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 194610813905364-56-190-95
PBT 2971116777986190199193155
Adjustment 182150-66-10-31512
Changes in Working Capital -16-1025-3927-11-70-202-357-238
Tax Paid -12-17-48-26-11-28-46-50-41-24
Cash Flow From Investing Activity + 4-19-64-32-7-33-572073186
Capex -2-1-3-2-1-2-5-21-13-9
Net Investments -000-6-52-25-64-303991
Others 7-19-61-2446-7127046104
Cash Flow From Financing Activity + -23-26-4421-849-2137104-9
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -00001-0-0119368
Interest Paid -14-10-7-9-9-8-11-17-30-35
Dividend Paid -2-2-5-9-7-10-10-39-20-20
Others -7-14-3339-692718261-22
Net Cash Flow -00-03-228-141-1382

Financial Ratio

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)8.417.2322.0615.113.4612.8524.2220.0517.512.53
ROCE (%)13.2923.6632.3819.818.4318.3332.1327.1421.5915.36
Asset Turnover Ratio0.690.860.890.540.480.670.960.80.730.47
PAT to CFO Conversion(x)0.950.961.480.221.50.830.45-0.39-1.32-0.81
Working Capital Days
Receivable Days223.30169138175.20173.20145.50114.50164203.40345.10
Inventory Days21.802428.4059.9071.1041.3025.8037.204358.90
Payable Days160.90147.40151.10211.70194.10565.10986.60999.30726.80478.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.002.171.161.013.18
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

WPIL Ltd FAQs

The current trading price of WPIL on 24-Jul-2026 09:45 is ₹440.0.

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-Jul-2026 the market cap of WPIL stood at ₹4,333.2 Cr

The latest P/E ratio of WPIL as of 23-Jul-2026 is 37.06.

The latest P/B ratio of WPIL as of 23-Jul-2026 is 4.41.

The 52-week high of WPIL is ₹524.3 and the 52-week low is ₹342.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of WPIL is ₹763 ( Cr.) .

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

The key valuation ratios of WPIL Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

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

About WPIL Ltd

W P I L Ltd was incorporated on February 6, 1952 at Calcutta under the name and style of Johnson Pumps India Ltd. subsequently the name of the company was changed to Worthington pumps India Ltd. on January 29, 1983.

The company is mainly engaged into manufacturing of vertical pumps, horizontal pumps, grey iron, castings and sluice valves.

WPIL dedicates itself to the cause of total customer satisfaction. The company has to its credit a rich experience of more than 50 years in designing, developing, manufacturing, erecting, commissioning and servicing of pumps. Either with the help of erstwhile foreign collaborators such as Johnston Pumps for vertical turbines, Hayward Taylor for submersibles and Worthington for horizontals; or with the in-house R&D recognized by the Ministry of Science and Technology, Govt. of India, it has grown into one strong brand-WPIL. Understanding the importance of need based operation.

WPIL now offers system engineering and complete solutions to all kinds of water and waste water handling and transportation needs

Product range of the company includes:

  • Vertical Turbine Pumps
  • Vertical Mixed Flow & Axial Flow Pumps
  • Submersible Pumps
  • Horizontal Centrifugal Pumps
  • Inclined-wet-pit-pump

Milestones:

  • 1952 Commenced Business Johnston Pumps India as JV of Johnston, US.
  • 1982 License from Hayward Tyler, UK for Submersible Motor.
  • 1983 JV with Worthington name changed -Worthington Pumsp India.
  • 1990 CW Pump- 33,100 M3./Hr.,2600 KW, 500 MW NTPC Power Stn.
  • 1995 Association -(Worthington-Ingersol Dresser) ends & name WPIL.
  • 1997 Export Order ($1.7 Million) from Vietnam-Inclined Pump.
  • 2000 Major Break through - $4.44 Mill - Four Lao PDR Pump Station.
  • 2002 APGENCO - Vijaywada Thermal Power Station - CW Pump
  • 2003 Turnkey contract for large CW Pump - NTPC Vindhyachal: 500MW
  • 2005 Completing large turnkey project for Drainage Pumping Station in Bagjola near Kolkata comprising of 19 large Propeller Pumps
  • 2006 Major sea water pumps (Duplex SS) for Saudi Arabia-JANA.
  • 2007 Joint venture with Mitsubishi-Japan for contract for Concrete Volute Pumps to be supplied for Indian Project

Achievements/ recognition:

  • The company has received merit certificate shield for export performance fourteen times from 1974 till date from the engineering export promotion council (Govt. of India).
You have 4 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: