Flash Finance

W S Industries (I) LimitedWSICorporate

Construction Latest results: Mar 2026 13 quarters of data
Consolidated Standalone
₹70.84
MCap ₹538 Cr · P/E 297.0
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🏭 Infrastructure sector
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹21 Cr
Sales · Mar 2026
-47.5% YoY
₹4 Cr
Operating Profit · Mar 2026
+1740.0% YoY
17.7%
OPM % · Mar 2026
+3440.0% YoY
₹2 Cr
Net Profit · Mar 2026
+288.4% YoY
₹0.36
EPS · Mar 2026
+256.5% YoY

📝 W S Industries (I) Limited — results explained

Quarter ended March 2026 (Q4 FY26)

W S Industries (I) Limited reported revenue of ₹21 crore for the quarter ended March 2026 (Q4 FY26), down 47.5% from ₹40 crore in the same quarter last year, and up 1.3% sequentially over the December 2025 quarter.

The company swung to a net profit of ₹2 crore from a net loss of ₹1 crore a year earlier. Earnings per share (EPS) came in at ₹0.36.

Operating profit stood at ₹4 crore — an operating margin (OPM) of 17.7%, compared with 0.5% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, W S Industries (I) Limited posted revenue of ₹92 crore, a decline of 61.7% over FY25, with a net profit of ₹2 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹92 crore with a net profit of ₹2 crore.

Valuation snapshot

At the current price of ₹70.84, WSI has a market capitalisation of ₹538 crore and a trailing P/E of about 297.0.

Within the Construction industry, it is the 25th-largest of the 137 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 52.02%, foreign institutional investors (FIIs) 13.18%, domestic institutional investors (DIIs) 0.09%, public shareholders 34.71% of W S Industries (I) Limited.

Promoter holding rose from 51.64% to 52.02% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹538 Cr
Current Price ?
₹70.8
P/E ?
297.04above ind
Industry P/E ?
16.40
P/B ?
1.05
P/S ?
5.88
P/FCF ?
-8.00
Enterprise Value ?
₹593 Cr
EV/EBITDA ?
62.73
PEG ?
N/A
Earnings Yield ?
1.3%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹92 Cr
OPM ?
10.3%
Profit after tax (TTM) ?
₹2 Cr
EPS (TTM) ?
₹0.24
ROCE ?
2.0%
ROE ?
0.4%
ROA ?
0.3%
Growth
Sales — latest qtr ?
₹21 Cr
PAT — latest qtr ?
₹2 Cr
YoY qtr sales growth ?
-47.5%
YoY qtr profit growth ?
288.4%
Sales growth (3y) ?
5%
Sales growth (5y) ?
N/A
Profit growth (3y) ?
-51%
Profit growth (5y) ?
18%
Financial Health
Debt ?
₹56 Cr
Debt to Equity ?
0.11
Interest Coverage ?
1.0
Current Ratio ?
N/A
Ownership
Promoter holding ?
52.02%
Change in promoter holding ?
-8.78%
Pledged percentage ?
N/A
Market
Return 3 months ?
13.5%
Return 6 months ?
-4.7%

🗓️ Quarterly results (13 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 514681110897262664026242121 -47.5% +1.3%
Operating Profit -2513159106-2033-04 +1740.0% +2930.8%
Other Income 3000200110001 +164.3% +640.0%
Interest 2212212222222 -9.0% -3.7%
Depreciation 0000001110000 -16.7% +0.0%
Profit Before Tax -05111412285-4-220-23 +262.4% +227.3%
Net Profit -05111413364-24-110-22 +288.4% +216.8%
EPS -1.011.052.532.9528.831.110.53-4.11-0.230.15-0.01-0.370.36 +256.5% +197.3%
OPM % -3.8% 11.1% 15.7% 14.0% 10.2% 13.7% 10.2% -3.4% 0.5% 12.9% 10.6% -0.6% 17.7% +3440.0% +3050.0%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹239 Cr ₹92 Cr ₹92 Cr -61.7%
Operating Profit ₹14 Cr ₹9 Cr ₹9 Cr -32.9%
OPM % 5.90% 10.34% 10.34% +75.3%
NPM % -6.38% 1.98% 1.98% +131.0%
Other Income ₹2 Cr ₹2 Cr ₹2 Cr +7.5%
Depreciation ₹2 Cr ₹2 Cr ₹2 Cr -11.7%
Interest ₹7 Cr ₹7 Cr ₹7 Cr +9.1%
EBIT ₹12 Cr ₹8 Cr ₹8 Cr -36.5%
PBT ₹7 Cr ₹3 Cr ₹3 Cr -64.0%
Tax ₹22 Cr ₹1 Cr ₹1 Cr -96.7%
Net Profit ₹-15 Cr ₹2 Cr ₹2 Cr +111.9%
EPS ₹-2.70 ₹0.13 ₹0.13 +104.8%
Material Cost ₹113 Cr ₹35 Cr ₹35 Cr -69.1%
Employee Cost ₹6 Cr ₹5 Cr ₹5 Cr -23.1%
Extraordinary Items — ₹-0 Cr ₹-0 Cr —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 41.8050.3363.3875.90 +19.8%
Reserves 23.21203.55253.84437.22 +72.2%
Borrowings 64.2563.4775.7255.76 -26.4%
Other Liabilities 109.82116.81102.8856.77 -44.8%
Total Liabilities 239.08434.16495.82625.65 +26.2%
Fixed Assets 24.52114.80115.74168.35 +45.5%
CWIP 0.000.002.350.00 -100.0%
Investments 0.10121.70122.82122.82 +0.0%
Other Assets 214.46197.66254.91334.48 +31.2%
Total Assets 239.08434.16495.82625.65 +26.2%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -104.58113.28-83.90-5.04 +94.0%
Cash from Investing Activity 22.77-96.26-11.86-158.67 -1237.9%
Cash from Financing Activity 61.9918.2084.19166.34 +97.6%
Net Cash Flow -19.8335.22-11.572.63 +122.7%
Free Cash Flow -103.2223.61-89.27-67.23 +24.7%
CFO/OP -55,042%266%-580%-78% +86.6%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 386.2194.71112.73232.84 +106.5%
Inventory Days 25.1941.3535.0310.25 -70.7%
Days Payable 192.17100.1982.3672.80 -11.6%
Cash Conversion Cycle 219.2335.8765.40170.29 +160.4%
Working Capital Days -181.84-12.6696.90430.58 +344.4%
ROCE % 1.23%19.76%4.03%2.01% -50.1%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 60.80%61.13%59.35%51.64%52.02% +0.7%
FIIs 1.08%0.98%0.76%13.67%13.18% -3.6%
DIIs 0.14%0.11%0.11%0.09%0.09% +0.0%
Public 37.97%37.79%39.78%34.61%34.71% +0.3%
No. of Shareholders 19,78419,50518,59218,30717,463 -4.6%

⚖️ Peer comparison

Industry: Construction · top 25 of 137 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 EMBASSY Embassy Office ₹369.92 35,064 92.7 4,763 378 76.6% 7.9% 13.4% -79.2% 17.1% 25.9%
2 MINDSPACE MINDSPACE.NS 0P0001KHWX ₹345.06 22,843 28.7 3,241 800 80.1% 24.7% 16.4% 35.2% 27.9% 62.8%
3 NXST NXST.NS 0P0001QYGB ₹148.24 22,458 55.7 2,568 404 67.3% 15.7% 12.4% -16.5% 12.3% -89.5%
4 BIRET BIRET.NS 0P0001LR17 ₹263.49 21,867 42.0 3,295 626 71.8% 19.0% 24.2% 217.9% 51.7% 67.7%
5 WELENT Welspun Enterprises ₹789.00 10,700 35.5 3,544 348 20.2% 9.8% 0.9% 11.1% -8.4% -44.2%
6 MAXESTATES Max Estates ₹611.30 10,000 n/m 200 12 9.0% 6.1% -97.5% -98.9% 0.8% -30.0%
7 AFCONS Afcons Infrastructure ₹253.60 9,327 65.0 11,249 143 9.2% 1.3% -4.8% -48.6% -20.8% -77.9%
8 IRBINVIT IRB InvIT ₹66.38 8,507 25.1 1,546 340 80.0% 22.0% 13.4% -23.1% 87.2% 3.2%
9 GRINFRA G R ₹850.40 8,229 8.1 9,194 1,017 18.4% 11.1% 15.7% -1.6% 40.0% 46.6%
10 NCC NCC ₹130.76 8,210 12.7 20,639 682 8.8% 3.3% -9.9% -24.3% 12.2% 11.9%
11 RAYMOND Raymond ₹1,219.50 8,116 187.4 2,293 64 11.1% 2.8% -62.5% -30.2% 446.4% -99.4%
12 MAHLIFE Mahindra Lifespace ₹360.05 7,690 31.5 1,179 80 -10.3% 6.8% 216.9% 535.9% 7344.4% 5.7%
13 NESCO Nesco ₹1,056.00 7,441 17.9 951 417 50.7% 43.8% 27.4% 9.9% 9.7% 4.0%
14 CEIGALL Ceigall India ₹386.80 6,738 20.9 4,155 321 14.9% 7.7% 17.0% 7.7% 15.7% 24.2%
15 DBL Dilip Buildcon ₹406.20 6,599 5.0 8,742 1,255 19.2% 14.4% -20.4% 66.5% -9.2% -52.8%
16 KPIGREEN KPI Green ₹314.95 6,226 13.6 2,787 492 35.8% 17.7% 55.3% 56.5% 13.0% -15.0%
17 HCC Hindustan Construction ₹21.66 5,674 23.3 3,871 244 12.7% 6.3% -29.2% -7.2% -9.0% 0.7%
18 DBREALTY Valor Estate ₹95.20 5,164 n/m 864 12 9.0% 1.4% 61.7% 122.7% -86.8% -109.7%
19 MANINFRA Man Infraconstruction ₹124.44 4,951 21.1 666 216 24.1% 32.4% -43.1% -32.5% 19.3% 8.2%
20 PURVA Puravankara ₹202.61 4,805 27.9 4,064 150 20.0% 3.7% 85.7% 130.6% 62.0% 136.6%
21 RUSTOMJEE Keystone Realtors ₹356.90 4,508 33.8 2,832 131 6.7% 4.6% 31.5% -49.4% 72.2% 220.7%
22 AHLUCONT Ahluwalia Contracts ₹601.50 4,029 17.9 4,686 225 8.5% 4.8% 11.4% 32.3% 12.0% -79.7%
23 SUNTECK Sunteck Realty ₹269.60 3,959 18.6 1,127 211 28.7% 18.7% 31.7% 34.4% 1.7% 25.5%
24 KOLTEPATIL Kolte - ₹428.30 3,798 30.5 1,573 125 9.8% 8.0% -53.4% -147.2% 1017.0% 970.9%
25 WSI W S ₹60.22 457 184.7 92 2 9.9% 2.4% -61.7% 112.5% -47.5% 257.0%
❓ Frequently asked questions
What was W S Industries (I) Limited's revenue in Q4 FY26?
W S Industries (I) Limited reported revenue of ₹21 crore for the quarter ended March 2026 (Q4 FY26), down 47.5% from ₹40 crore in the same quarter last year, and up 1.3% sequentially over the December 2025 quarter.
What was W S Industries (I) Limited's net profit in Q4 FY26?
The company swung to a net profit of ₹2 crore from a net loss of ₹1 crore a year earlier. Earnings per share (EPS) came in at ₹0.36.
What is WSI's market capitalisation and P/E ratio?
At the current price of ₹70.84, WSI has a market capitalisation of ₹538 crore and a trailing P/E of about 297.0.
Who owns W S Industries (I) Limited? (shareholding pattern)
As of Sep 2026, promoters held 52.02%, foreign institutional investors (FIIs) 13.18%, domestic institutional investors (DIIs) 0.09%, public shareholders 34.71% of W S Industries (I) Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI