Wpil (WPIL) | Financial Analysis & Statements
Wpil Ltd. Small-cap Industrials
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
3.8B
Gross Profit
1.7B
46.11%
Operating Income
398.6M
10.53%
Net Income
257.4M
6.80%
EPS (Diluted)
₹2.29
Balance Sheet Metrics
Total Assets
29.3B
Total Liabilities
12.6B
Shareholders Equity
16.7B
Debt to Equity
0.75
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Jun 30, 2025
Annual Income Flow
2025
Wpil Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 17.9B | 16.5B | 16.0B | 11.6B | 9.8B |
| Cost of Goods Sold | 10.9B | 9.6B | 9.9B | 5.7B | 4.3B |
| Gross Profit | 7.1B | 6.9B | 6.0B | 5.9B | 5.5B |
| Gross Margin % | 39.5% | 41.7% | 37.8% | 51.1% | 55.9% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 765.3M | 652.9M | 677.2M | 742.6M | 720.9M |
| Other Operating Expenses | 1.1B | 1.2B | 912.3M | 1.2B | 1.3B |
| Total Operating Expenses | 1.8B | 1.9B | 1.6B | 1.9B | 2.0B |
| Operating Income | 2.6B | 2.8B | 2.5B | 1.8B | 1.2B |
| Operating Margin % | 14.7% | 16.7% | 15.5% | 15.2% | 12.3% |
| Non-Operating Items | |||||
| Interest Income | 300.4M | 196.1M | 90.1M | 58.8M | 17.7M |
| Interest Expense | 309.5M | 160.2M | 134.1M | 87.8M | 138.1M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 2.7B | 2.7B | 2.4B | 1.6B | 1.1B |
| Income Tax | 699.0M | 778.3M | 646.1M | 450.4M | 305.0M |
| Effective Tax Rate % | 26.2% | 28.7% | 26.6% | 27.6% | 28.0% |
| Net Income | 1.3B | 6.8B | 2.2B | 1.2B | 986.9M |
| Net Margin % | 7.1% | 41.4% | 13.7% | 10.2% | 10.1% |
| Key Metrics | |||||
| EBITDA | 3.3B | 3.2B | 3.0B | 2.1B | 1.7B |
| EPS (Basic) | ₹13.52 | ₹48.64 | ₹19.37 | ₹9.97 | ₹8.62 |
| EPS (Diluted) | ₹13.52 | ₹48.64 | ₹19.37 | ₹9.97 | ₹8.62 |
| Basic Shares Outstanding | 97670800 | 97670800 | 97670800 | 97670800 | 97670800 |
| Diluted Shares Outstanding | 97670800 | 97670800 | 97670800 | 97670800 | 97670800 |
Income Statement Trend
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Wpil Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 1.2B | 4.4B | 971.2M | 1.2B | 911.6M |
| Short-term Investments | 3.3B | 1.9B | 1.6B | 854.6M | 549.0M |
| Accounts Receivable | 8.3B | 7.3B | 5.5B | 4.3B | 3.3B |
| Inventory | 3.7B | 3.7B | 3.4B | 3.0B | 2.5B |
| Other Current Assets | 302.8M | 129.6M | 107.3M | 161.3M | 137.3M |
| Total Current Assets | 19.6B | 19.3B | 15.9B | 12.5B | 9.7B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 196.4M | 171.3M | 198.0M | 222.2M | 188.3M |
| Goodwill | 1.9B | 1.5B | 1.6B | 1.7B | 1.7B |
| Intangible Assets | 441.5M | 410.8M | 470.6M | 423.5M | 437.5M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 96.1M | 28.9M | 30.1M | 450.5M | 488.4M |
| Total Non-Current Assets | 9.7B | 7.0B | 6.1B | 5.6B | 5.5B |
| Total Assets | 29.3B | 26.3B | 22.0B | 18.1B | 15.2B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 4.2B | 4.6B | 4.7B | 3.9B | 2.5B |
| Short-term Debt | 4.1B | 1.8B | 1.5B | 1.7B | 1.4B |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 249.4M | 412.1M | 1.0K | 164.3M | 1.0K |
| Total Current Liabilities | 11.6B | 10.1B | 11.4B | 9.3B | 7.1B |
| Non-Current Liabilities | |||||
| Long-term Debt | 571.0M | 369.2M | 1.1B | 1.5B | 1.8B |
| Deferred Tax Liabilities | 135.9M | 58.4M | 94.8M | 19.9M | 25.3M |
| Other Non-Current Liabilities | - | - | -1.0K | - | -1.0K |
| Total Non-Current Liabilities | 932.1M | 614.0M | 1.5B | 1.8B | 2.2B |
| Total Liabilities | 12.6B | 10.7B | 12.9B | 11.0B | 9.3B |
| Equity | |||||
| Common Stock | 97.7M | 97.7M | 97.7M | 97.7M | 97.7M |
| Retained Earnings | 7.3B | 6.9B | 3.2B | 1.9B | 1.5B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 16.7B | 15.6B | 9.1B | 7.1B | 5.9B |
| Key Metrics | |||||
| Total Debt | 4.7B | 2.2B | 2.6B | 3.2B | 3.1B |
| Working Capital | 8.0B | 9.2B | 4.5B | 3.2B | 2.6B |
Balance Sheet Composition
Wpil Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 1.9B | 7.6B | 2.8B | 1.6B | 1.3B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | -2.9B | -3.9B | -1.7B | -1.8B | 279.1M |
| Operating Cash Flow | -947.5M | -1.1B | 1.2B | -90.6M | 1.8B |
| Investing Activities | |||||
| Capital Expenditures | -378.0M | -415.8M | -323.1M | -243.5M | 145.8M |
| Acquisitions | -151.3M | 5.8B | 0 | 0 | -53.7M |
| Investment Purchases | -3.2B | - | - | - | - |
| Investment Sales | - | - | - | - | - |
| Investing Cash Flow | -3.7B | 5.4B | -323.1M | -243.5M | 92.1M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -195.3M | -390.7M | -97.7M | -97.4M | -73.3M |
| Debt Issuance | 1.8B | 107.9M | 0 | 0 | 264.9M |
| Debt Repayment | -577.3M | -766.2M | -430.6M | -212.7M | -536.9M |
| Financing Cash Flow | 2.0B | -493.3M | -626.3M | -47.6M | -1.1B |
| Free Cash Flow | -1.9B | -1.3B | 1.5B | 893.1M | 2.1B |
| Net Change in Cash | -2.7B | 3.8B | 277.0M | -381.7M | 793.6M |
Cash Flow Trend
Wpil Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
34.11
Forward P/E
16.45
Price to Book
2.75
Price to Sales
2.12
PEG Ratio
0.47
Profitability Ratios
Profit Margin
6.24%
Operating Margin
19.01%
Return on Equity
7.88%
Return on Assets
4.50%
Financial Health
Current Ratio
1.75
Debt to Equity
31.90
Beta
-0.53
Per Share Data
EPS (TTM)
₹12.20
Book Value per Share
₹151.20
Revenue per Share
₹196.14
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| WPIL | 40.6B | 34.11 | 2.75 | 7.88% | 6.24% | 31.90 |
| ABB India | 1.6T | 93.01 | 19.82 | 22.39% | 12.64% | 1.08 |
| Cummins India | 1.5T | 64.78 | 18.37 | 26.45% | 19.32% | 0.31 |
| Anup Engineering | 43.5B | 35.58 | 6.43 | 19.33% | 13.80% | 24.78 |
| GMM Pfaudler Limited | 41.1B | 231.96 | 3.50 | 5.14% | 0.52% | 89.64 |
| Greaves Cotton | 37.2B | 34.92 | 2.67 | 3.68% | 3.33% | 12.33 |
Financial data is updated regularly. All figures are in the company's reporting currency.




