Williamson Magor & Company Limited (WILLAMAGOR)
₹20.06 -7.94% last close, 23 Oct
Snapshot
Williamson Magor & Company Limited closed at ₹20.06 on 23 Oct 2026, 23.2% below its 200-day average, with an RSI(14) of 39.5. On the daily chart it is in a weak downtrend, with a technical score of 24/100 (strong bearish). In the quarter ended June 2026, revenue fell 100.0% and net profit fell 808.7% from a year earlier. Data as of 23 Oct 2026.
Price
- Price
- ₹20.06
- Day change
- -7.94%
- Market Cap
- ₹22 Cr
- 52-week range
- ₹19.17 – ₹35.90
- From 52-week high
- -44.12%
Financials23 Oct 2026
- P/B
- -0.10
- ROE
- 7.0%
- ROCE
- 0.4%
- Debt to Equity
- -2.50
- OPM
- -14,448.9%
- YoY qtr sales growth
- -100.0%
- YoY qtr profit growth
- -808.7%
- Dividend Yield
- 0.00%
Latest quarter Jun 2026 · Consolidated
Technicals23 Oct 2026
- Trend
- Weak Downtrend
- Technical score
- 24/100 · Strong bearish
- MACD
- Bullish
- RSI (14)
- 39.45
- ADX (14)
- 24.81
- SuperTrend
- Bearish
- vs 20-day SMA
- -6.42%
- vs 50-day SMA
- -13.68%
- vs 200-day SMA
- -23.24%
- RS rating
- 16.00
- Nearest support
- ₹19.20
- Nearest resistance
- ₹21.11
Exchange activity23 Oct 2026
- Delivery
- 66.79% vs 77.01% average
- Volume vs its average
- 1.8×
Events
- Latest results
- Q1 FY27, filed 13 Aug 2026
- Board meeting filing
- 12 Aug 2026
Exchange data. Each figure as its own page shows it; the dates are the data's. Information only, not investment advice.
📈 Share price & events
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Williamson Magor's revenue was ₹0.0 Cr (-100.0% year on year, -99.7% on the previous quarter), and net profit ₹-12.5 Cr (against a profit a year earlier); the operating margin was -138950.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.0 | -100.0% | -99.7% |
| Operating profit | ₹-0.3 | to loss | loss narrowed |
| Net profit | ₹-12.5 | to loss | loss widened |
| EPS (₹) | -11.45 | to loss | loss widened |
| Operating margin | -138950.0% | — | — |
WILLAMAGOR delivery percentage
NSE end-of-day data for
On Fri, 23 Oct 2026, 66.79% of the WILLAMAGOR shares traded on NSE were taken to delivery, against the stock's own 20-session average of 77.01%. That is close to its usual level. Turnover was only ₹2 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 71.2% · 97.2% · 88.5% · 80.8% · 66.8%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Williamson Magor & Company Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the period from 1st July 2026 to 30th September 2026. Issued by Registrar and Share Transfer Agent Maheshwari Datamatics Private Limited on 3rd October 2026, it confirms that securities received for dematerialisation were processed and mutilated/cancelled within the stipulated timelines. This is a standard quarterly administrative filing with no financial or operational impact.
- Compliance certificate submitted under Regulation 74(5) for the quarter ended 30th September 2026
- Covers dematerialisation activities for the period from 1st July 2026 to 30th September 2026
- Issued by RTA Maheshwari Datamatics Private Limited on 3rd October 2026
Williamson Magor & Company Limited submitted the voting results and scrutinizer's report for its 75th Annual General Meeting held on September 28, 2026. All three ordinary resolutions, including the adoption of FY26 financial statements and the appointments of directors Mr. Arup Pal and Mr. Subhajit Majumdar, were passed with a 99.67% overall majority. A total of 6,805,739 votes were polled representing 62.12% of total voting shares, heavily driven by the promoter group which cast 6,779,203 votes (100% in favour). Notably, 85.6% of participating non-institutional public shareholders voted against the resolutions, though their total votes cast (26,536) had negligible influence on the outcome.
- All resolutions approved with 99.6661% votes in favour out of 6,805,739 total votes polled
- Overall voter turnout was 62.1168% across a total shareholder base of 8,603 members
- Promoter group polled 6,779,203 votes (99.7757% of promoter holdings) entirely in favour
- Public non-institutional shareholders cast 22,724 to 22,727 votes (85.6% of their polled votes) against the resolutions
Shareholders of Williamson Magor & Company Limited approved the appointments of Mr. Arup Pal and Mr. Subhajit Majumdar as Non-Executive & Non-Independent Directors at its 75th AGM held on September 28, 2026. Both appointments are effective retrospectively from July 22, 2026, and are subject to retirement by rotation. The appointments bring accounting and finance experience but do not alter the severe financial distress of the company, which carries negative net worth of ₹-216 Cr and ₹554 Cr in debt.
- Shareholder approval granted at the 75th AGM held on September 28, 2026
- Appointment of Mr. Arup Pal as Non-Executive & Non-Independent Director effective July 22, 2026
- Appointment of Mr. Subhajit Majumdar as Non-Executive & Non-Independent Director effective July 22, 2026
- Mr. Pal brings over 8 years of accounting/purchasing experience, while Mr. Majumdar brings over 20 years in finance and commercial roles
Williamson Magor & Company Limited has announced the closure of its trading window starting Thursday, 1st October, 2026, pursuant to SEBI Insider Trading Regulations. The window will remain shut for designated persons until 48 hours after the declaration of the Unaudited Standalone & Consolidated Financial Results for the quarter and half-year ended 30th September, 2026. This is a standard quarterly compliance intimation with no direct financial impact.
- Trading window closure begins on Thursday, 1st October, 2026
- Closure applies until 48 hours post declaration of Q2/H1 results ended 30th September, 2026
- Covers both Standalone & Consolidated financial results under SEBI Insider Trading Regulations
Williamson Magor & Co. Limited has dispatched letters containing web links to the FY2025-26 Annual Report and 75th AGM Notice to shareholders without registered email addresses. The 75th Annual General Meeting is scheduled for Monday, September 28, 2026, at 3:00 p.m. IST via Video Conferencing. This is a routine regulatory compliance filing under Regulation 36(1)(b) of SEBI LODR Regulations with no impact on business operations or financials.
- Dispatched AGM notice and Annual Report FY25-26 web links pursuant to Regulation 36(1)(b) of SEBI Listing Regulations
- 75th Annual General Meeting scheduled for Monday, September 28, 2026, at 3:00 p.m. IST via Video Conferencing
- Notice of the 75th AGM was originally dated August 12, 2026
Williamson Magor & Company Limited has released its Annual Report for FY25-26 and scheduled its 75th Annual General Meeting (AGM) for September 28, 2026, via video conferencing. The meeting agenda includes the adoption of audited standalone and consolidated financial statements for FY26 and the appointment of two directors, Mr. Arup Pal and Mr. Subhajit Majumdar, who joined as additional directors on July 22, 2026. The remote e-voting window will be open from September 24 to September 27, 2026, based on a voting cut-off date of September 21, 2026.
- 75th Annual General Meeting scheduled for September 28, 2026, at 3:00 PM IST via VC/OAVM
- Cut-off date for shareholder voting eligibility set as September 21, 2026
- Remote e-voting period runs from September 24, 2026 (9:00 AM) to September 27, 2026 (5:00 PM)
- Ordinary resolutions proposed for regularisation of directors appointed on July 22, 2026
Williamson Magor reported Q1 FY27 results with effectively zero operational revenue (Rs 2,000) as its NBFC license remains cancelled. The statutory auditor issued a qualified conclusion, noting that the company's net worth is fully eroded and the 'going concern' status is uncertain. A significant development is the issuance of a sale certificate for Neemrana Land for Rs 90.25 Cr on May 9, 2026, to settle IL&FS dues. However, the company failed to recognize interest expenses of Rs 11.04 Cr for the quarter, which understates its reported losses.
- Sale certificate issued for Neemrana Land for Rs 90.25 Cr (Rs 9,02,500 thousand) on May 9, 2026, to settle outstanding debt.
- Interest expenses of Rs 11.04 Cr (Rs 1,10,386 thousand) for the quarter ended June 30, 2026, were not recognized in the financial results.
- Deferred Tax Assets of Rs 110.63 Cr (Rs 11,06,332 thousand) recognized despite material uncertainty regarding future profitability.
- Revenue from operations for the quarter was a negligible Rs 2,000 (Rs 2 thousand).
- Company has provided for unsecured loans to various parties amounting to Rs 3,222.09 Cr (Rs 32,220,920 thousand).
Williamson Magor & Company Limited has announced the resignation of two Non-Executive & Non-Independent Directors, Mr. Javed Hossain and Mr. Dillip Kumar Parida, effective July 22, 2026. Both directors cited personal obligations and commitments as the reasons for their departure. The company is currently in a precarious financial position with a negative net worth of -216 Cr and a cancelled NBFC license. With a massive debt of 554 Cr against a TTM revenue of only 2 Cr, board stability remains a concern for stakeholders.
- Resignation of 2 Non-Executive & Non-Independent Directors effective July 22, 2026
- Company reports a negative net worth of -216 Cr as per latest financial context
- Total debt stands at 554 Cr against a TTM revenue of only 2 Cr
- NBFC Certificate of Registration was cancelled by RBI on May 04, 2023
- Promoter holding remains stagnant at 62.01% as of March 2026
Williamson Magor & Company Limited has appointed Mr. Arup Pal and Mr. Subhajit Majumdar as Additional Directors (Non-Executive & Non-Independent) effective July 22, 2026. Mr. Pal (32) and Mr. Majumdar (47) bring 8 and 20 years of experience in accounts and commercial departments, respectively. This management update occurs while the company faces severe financial distress, including a negative net worth of ₹216 Cr and a cancelled NBFC license. The appointments are procedural and do not immediately address the company's material uncertainty as a going concern.
- Appointment of 2 Additional Directors (Non-Executive & Non-Independent) effective July 22, 2026
- Mr. Subhajit Majumdar brings over 20 years of experience in Accounts and Commercial departments
- Mr. Arup Pal brings over 8 years of experience in Accounts and Purchase
- Company is managing a total debt of ₹554 Cr against a negative net worth of ₹216 Cr
- NBFC Certificate of Registration remains cancelled by RBI since May 04, 2023
Williamson Magor & Company Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document, issued by Maheshwari Datamatics Private Limited, confirms the processing of dematerialization requests for the period from April 1, 2026, to June 30, 2026. This is a standard administrative filing required for all listed entities. It does not address the company's significant financial distress, including a negative net worth of Rs -216 Cr and a cancelled NBFC license.
- Compliance certificate covers the quarter ended June 30, 2026
- Registrar and Share Transfer Agent (RTA) Maheshwari Datamatics issued the certificate on July 2, 2026
- Company continues to operate with a negative net worth of Rs -216 Cr
- Total debt remains high at Rs 554 Cr against a TTM revenue of only Rs 2 Cr
Williamson Magor & Company Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations. This closure is ahead of the announcement of the company's unaudited standalone and consolidated financial results for the quarter ending June 30, 2026. The trading window will remain closed for all designated persons until 48 hours after the results are officially declared. This is a standard regulatory procedure for listed companies in India.
- Trading window closure begins on Wednesday, July 01, 2026.
- The closure is related to the Unaudited Financial Results for the quarter ended June 30, 2026.
- Window will reopen 48 hours after the financial results are announced to the exchanges.
- The notice follows SEBI (Prohibition of Insider Trading) Regulations, 2015.
Williamson Magor & Company Limited reported FY26 results under severe financial distress, with auditors issuing a qualified opinion due to the complete erosion of its net worth. The company failed to recognize interest expenses of ₹42.9 crore on inter-corporate borrowings and faces a massive joint arbitration liability of ₹508.9 crore. Furthermore, its NBFC registration remains cancelled by the RBI, and the company is currently challenging this in the Calcutta High Court. While a land sale in Neemrana generated ₹90.25 crore to settle some dues, the material uncertainty regarding its status as a 'going concern' remains critical.
- Net worth as of March 31, 2026, is fully eroded, creating material uncertainty about the company's ability to continue as a going concern.
- Non-recognition of interest expenses on inter-corporate borrowings amounting to ₹42.9 crore for the financial year.
- Facing a joint liability of ₹508.9 crore following an ICC arbitration award, currently under challenge in the Delhi High Court.
- NBFC registration cancelled by RBI; company's petition for restoration was rejected and is now sub judice in the Calcutta High Court.
- Realized ₹90.25 crore from the auction sale of Neemrana Land to be utilized for settling outstanding debt obligations.
Williamson Magor & Co. Limited has officially informed the stock exchanges that it does not qualify as a 'Large Corporate' as of March 31, 2026. This assessment is based on the criteria set by SEBI circulars regarding mandatory fund raising through debt securities. As a result, the company is not subject to the specific borrowing requirements mandated for large entities. This is a routine regulatory disclosure and does not indicate any change in the company's operational status.
- Company identified as not being a 'Large Corporate' as of March 31, 2026.
- Non-applicability of SEBI Circulars dated November 26, 2018, and October 19, 2023.
- Exempted from mandatory incremental borrowing of 25% through debt securities.
- Disclosure filed with BSE, NSE, and CSE for record-keeping purposes.
Williamson Magor & Company Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, provided by Maheshwari Datamatics Private Limited, confirms the processing of dematerialization requests for the period from January 1, 2026, to March 31, 2026. It verifies that physical share certificates were mutilated or cancelled after dematerialization and the names of the depositories were substituted in the records. This is a standard procedural filing required to maintain regulatory transparency regarding shareholding formats.
- Compliance certificate submitted for the quarter ended March 31, 2026
- Issued by Registrar and Share Transfer Agent (RTA) Maheshwari Datamatics Private Limited
- Confirms destruction and mutilation of physical securities received for dematerialization
- Verification of depository records updated within stipulated regulatory timelines
Williamson Magor & Company Limited has announced that its shareholders have approved all resolutions proposed in the Postal Ballot notice dated February 12, 2026. The e-voting process, which concluded on April 10, 2026, was conducted with the requisite majority as confirmed by the independent scrutinizer's report. The company has fulfilled its regulatory obligations by submitting the voting results to the BSE, NSE, and CSE. These approvals are deemed effective as of the final day of voting.
- E-voting period concluded on April 10, 2026, after starting on March 12, 2026
- All resolutions approved by shareholders with the requisite majority
- Scrutinizer Mrs. Vidhya Baid (FCS 8882) submitted the final report on April 13, 2026
- Compliance maintained under SEBI Regulation 44(3) and Section 108 of the Companies Act
Company profilewritten 14 Dec 2025
Financial Performance
Revenue Growth by Segment
Revenue growth is not explicitly disclosed as a top-line figure; however, the company reported a massive increase in losses. Loss before taxation and exceptional items surged to INR 229.87 Cr in FY25 from INR 39.39 Cr in FY24, representing a 483.5% increase in annual losses due to the classification of loans as Non-Performing Assets (NPAs).
Geographic Revenue Split
Not disclosed in available documents, though operations are centered in India with legal proceedings in the Calcutta High Court.
Profitability Margins
Profitability is severely negative. The net worth has been fully eroded as of September 30, 2025, due to the classification of loans and advances as NPAs, which has eliminated all margins and created a deficit in equity.
EBITDA Margin
Core profitability is negative and deteriorating. The operating loss before working capital changes was INR 0.79 Cr for the period ended September 30, 2025, compared to a loss of INR 47.21 Cr in the previous year, reflecting a volatile but consistently negative core earning capacity.
Capital Expenditure
Not disclosed in available documents. The company is currently focused on liquidity management and debt repayment rather than expansion.
Credit Rating & Borrowing
The company has defaulted on the repayment of principal and interest to lenders. Specific credit ratings are not disclosed, but the company is in active discussions with lenders regarding liquidity issues and defaults.
Operational Drivers
Raw Materials
As a financial services entity (NBFC), the primary 'raw material' is Capital/Debt Funds, which represents 100% of the input required for lending operations.
Import Sources
Not applicable as the company is a financial services provider.
Key Suppliers
Not applicable; however, the company depends on Lenders and Promoters for liquidity and financial support to sustain operations.
Capacity Expansion
Current capacity is effectively zero as the NBFC Certificate of Registration was cancelled by the RBI on May 04, 2023. No expansion is possible until the license is restored.
Raw Material Costs
Cost of funds is not explicitly quantified as a percentage of revenue due to the lack of revenue, but the company has failed to recognize interest expenses in certain periods, leading to understated liabilities.
Strategic Growth
Expected Growth Rate
0%
Growth Strategy
Growth is currently impossible due to the cancellation of the NBFC license. The strategy is entirely focused on legal restoration of the license through the Calcutta High Court and seeking promoter support to address the negative net worth and liquidity crisis.
Products & Services
Loans and advances, financial services, and investment activities typical of a Non-Banking Financial Company.
Brand Portfolio
Williamson Magor & Co. Limited.
New Products/Services
No new products can be launched until the regulatory license is restored.
Market Expansion
None planned; the company is currently in a state of material uncertainty regarding its ability to continue as a going concern.
Market Share & Ranking
Not disclosed; the company is currently non-operational as an NBFC.
Strategic Alliances
The company has interests in associates like Williamson Financial Services Limited and Majerhat Estates and Developers Limited, and a joint venture, D1 Williamson Magor Bio Fuel Limited.
External Factors
Industry Trends
The NBFC industry is seeing increased regulatory oversight regarding related-party lending and capital adequacy. Williamson Magor is currently positioned as a non-compliant entity struggling to regain its legal standing to operate.
Competitive Landscape
The company is unable to compete in the current landscape due to its lack of a valid NBFC license and severe liquidity constraints.
Competitive Moat
The company currently has no sustainable moat. Its previous competitive advantage as an established NBFC has been neutralized by the cancellation of its operating license and the erosion of its net worth.
Macro Economic Sensitivity
Highly sensitive to regulatory changes and RBI prudential norms. The company's failure to follow NBFC norms led to its license cancellation.
Consumer Behavior
Not applicable as the company primarily deals with corporate and promoter group lending.
Geopolitical Risks
Low direct impact, as the primary risks are domestic regulatory and legal challenges.
Regulatory & Governance
Industry Regulations
The company is governed by RBI prudential norms for NBFCs. It is currently in violation of these norms, leading to the cancellation of its Certificate of Registration on May 04, 2023.
Environmental Compliance
Not disclosed; minimal impact for a financial services firm.
Taxation Policy Impact
The company reported a direct tax refund of INR 0.064 Cr in FY25, but overall taxation impact is secondary to the massive operating losses.
Legal Contingencies
A critical Writ Petition is pending before the Calcutta High Court (CNR No.: WBCHCA-000486-2024) filed on January 04, 2024, for the restoration of the NBFC license. Additionally, four directors (Mr. Chandan Mitra, Mr. Lakshman Singh, Mr. Debashis Lahiri, and Ms. Lyla Cherian) were disqualified effective September 30, 2022, under Section 164(2)(b) of the Companies Act, 2013.
Risk Analysis
Key Uncertainties
There is a material uncertainty regarding the company's ability to continue as a going concern. The net worth is fully eroded, and the ability to survive depends entirely on license restoration and promoter funding.
Geographic Concentration Risk
Operations and legal issues are concentrated in Kolkata, West Bengal, India.
Third Party Dependencies
High dependency on the Calcutta High Court for legal relief and on lenders for debt restructuring.
Technology Obsolescence Risk
Low risk compared to the existential regulatory and financial risks currently faced.
Credit & Counterparty Risk
Extreme credit risk; the company's internal controls over granting loans to promoter groups were found inadequate, leading to significant NPAs and the eventual erosion of net worth.
