Walchandnagar Industries Ltd

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NSEBSE

243.2010.55 (4.53%)

12:00 AM,23rd Feb 2024

243.9011.60 (4.99%)

12:00 AM,23rd Feb 2024

BSE : 507410

NSE : WALCHANNAG

Sector : Engineering

ISIN Code : INE711A01022

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Last Updated: Feb 23 2024 | 12:00 AM IST

Market Cap (₹ Cr)

1118

Turnover (₹ Cr)

1.35

Volume (Shares)

555656

Face Value

2

52-WK High

244.25

52-WK High Date

23 Feb 2024

52-WK Low

49.75

52-WK Low Date

29 Mar 2023

All Time High

1205.78

All Time High Date

07 Nov 2007

All Time Low

2.62

All Time Low Date

31 Mar 2003

Walchandnagar Industries Ltd

Walchandnagar Industries Ltd is a diversified heavy engineering project execution company in India and internationally. The company's principal activities are engineering fabrication and manufacture of machineries for sugar plants cement plants and boilers heavy duty gears mineral processing special and general engineering equipments. They are having a significant presence in several core sectors such as Steam Generation & Power projects Aerospace and nuclear power program Cement projects EPC Industrial & marine gear boxes and Sugar projects.The company operates in three segments namely Heavy Engineering Foundry & Machine Shop and Others. The Heavy Engineering segment is engaged in engineering fabrication and manufacturing of machinery for sugar plants cement plants boilers heavy duty gears mineral processing defense and nuclear power business. Foundry & Machine Shop segment manufactures cast iron and spheroidal graphite iron castings required by various industries and machining of components. Others segment includes units manufacturing pressure and temperature gauges and infotech services.Walchandnagar Industries Ltd was founded by Seth Walchand Hirachand the Visionary Industrialist & Patriot on November 25 1908. Today the company has evolved into a diversified high tech heavy engineering and project execution company with strong manufacturing & project management capabilities. In the year 1978 Cooper Engineering Ltd and Tiwai Industries Ltd were amalgamated with the company with effect from April 1 1978. In the year 1979 the company entered into a collaboration agreement with Polysins GmbH West Germany for manufacture of cement machinery. In the year 1980 they executed the first set of 15 000 H.P. marine gear box for the Indian Navy.In the year 1982 the company entered into a technical collaboration with Hitachi-eiki Co Ltd Japan for the manufacture of computerized numerically controlled (CNC) machines in India. In the year 1986 Walchand Tandur Cement Co Ltd became a subsidiary of the company with effect from June 23 1986. In the year 1987 the company entered into a technical collaboration agreement with MAAG Gear Wheel Co Ltd Switzerland for technical back-up in the manufacture of gear boxes for Corvette Ships. In the year 1989 they disposed the sugar plant in favour Indapur Sahakari Sakhar Karkhana Ltd. During the year 1999-2000 the company undertook execution of three projects for generation of power through use of non-conventional fuel such as agriculture waste. They also developed energy efficient equipments for Sugar Manufacturing Machinery and tied up with UBE of Japan for supply of Pre-grinders and Grinding Mills for Cement Machinery with superior features.During the year 2000-01 the company made an investment of two million US dollar in a joint venture company in USA known as MediDeal.com Inc. They commissioned two EPC projects for generation of power for generation of power from agricultural waste. Also the company entered into hospitality business as a part of the diversification programme. During the year 2001-02 the company sold the shares of MediDeal.com Inc. Thus MediDeal.com Inc ceased to be a subsidiary company with effect from December 26 2002. During the year 2002-03 the company commissioned a power plant based on Municipal Waste as fuel. This is the first power plant of its kind in the country. The company also successfully completed some prestigious Critical Defence jobs during the year. During the year 2003-04 the company completed the prestigious Mineral Processing Projects of Hindustan Zinc. They also delivered various critical equipments for Nuclear Defence and Space projects. During the year 2004-05 the company booked export order for supply of 1000 TPD cement plant for Zambeji Portland Cement Ltd Zambia at the price of Rs 5836 lakhs. During the year 2005-06 the company received orders for EPC projects in the field of Mineral Processing. Also the company booked export orders worth Rs 6482 lakhs from Konkola Copper Mines PLC Zambia and Kuwait Cement Company.During the year 2006-07 the company executed orders for Material Handling and Back Fill Plant Konkola Copper Mines Zambia Cement Plant at Kuwait Cement Company Kuwait High Pressure Boiler for Ingenio Providencia Colombia at Colombia. They sold investment in their subsidiary Walchand Tandur Cement Company Ltd for a consideration of Rs 121.12 lakhs since the project for setting up of a cement plant did not get implemented.During the year 2007-08 the company made a technology tie up with Foster Wheeler North America Corporation (Foster Wheeler) USA for high pressure high temperature and high capacity industrial boilers. This collaboration will enable your Company to address the power generation up to 100 MW both in Co-Gen as well as IPP mode. The company also made a technology tie up with Magotteaux SA of Belgium for Air Separator technology for the cement industry.The company is in the process of executing the Orders for Cement Machinery for Maweni Linestone Ltd Tanzania and EPC project for Waste Crushing & Screening for KCM in Zambia.

Walchandnagar Industries Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

1118

EPS - TTM (₹) [S]

0.00

P/E Ratio (X) [S]

4.61

Face Value (₹) 2
Latest Dividend (%)20.00
Latest Dividend Date 05 Feb 2015
Dividend Yield (%) -
Book Value Share (₹) [S]52.76
P/B Ratio (₹) [S]4.61
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

235.00

244.25

Week Low/High

190.00

244.00

Month Low/High

171.15

244.00

Year Low/High

49.75

244.00

All time Low/High

1.50

1206.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week26.96%26.57%1.290.78%
1 Month37.56%37.40%4.244.59%
3 Month26.57%27.16%11.1212.17%
6 Month138.67%138.55%12.1114.24%
1 Year312.20%311.51%23.0726.85%
3 Year288.19%286.65%47.4551.03%

Company Info

Company Information

Chairman (Non-Executive) : Chakor L Doshi

Managing Director & CEO : Chirag C Doshi

Whole-time Director & CS : G S Agrawal

Non-Exec. & Independent Dir. : Anil Kakodkar

Non-Exec. & Independent Dir. : Rupal Vora

Independent Director : Jayesh Dadia

Registered Office: 3 Walchand Terraces, Tardeo Road,Mumbai,Maharashtra-400034 Ph: 91-22-23612195/96/97

Email:investors@walchand.com

URL:http://www.walchand.com