WENDTIndustrials

Wendt (India) Limited

Abrasives & Bearings · ISIN INE274C01019 · BSE 505412 · NSE EQ · FV ₹10
Last price
₹8,765
+1.17%today
What this company does

Wendt (India) Limited operates in Abrasives & Bearings, part of the Industrials sector. It booked ₹71 cr of revenue in its latest quarter (Q1 FY27) and kept 8.7% of sales as profit. It is the 5th largest of 6 Abrasives & Bearings companies we track, by market value.

The Company is a preferred supplier for many of the engagement with key accounts, expansion of the precision automobile, auto component, engineering, aerospace, dealers network and horizontal deployment of successful defence, ceramics customers for their Super Abrasives applications.
In the report:
62out of 100
Equitytale Health Score
Mixed

Healthier than 62% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 129–290 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
63

At close. Not part of the score.

Profitability & returns57

How much profit it earns on the money it employs

Balance sheet97

How much it owes, and whether earnings cover the interest

Cash quality75

Whether reported profit actually arrives as cash

Growth & consistency44

Whether sales and profit have grown, and how steadily

Valuation15

What today's price implies, against our models or its peers

Governance & risk86

How much of the promoters' stake is pledged, and how much they hold

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 37% vs last year
Profit up 63% vs last year
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in WENDT?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹8,765 +1.17%
latest close · 2026-09-17
1-year return
+108.3%
52-wk low ₹4,18052-wk high ₹9,196
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio70.9High
LowAverageHigh
P/B ratio6.91High
Below bookModerateHigh
EV / EBITDA34.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.7%Fair
WeakFairStrong ▸15%
Return on capital14.0%Fair
WeakFairStrong
Net margin8.7%Decent
ThinDecentStrong
EBITDA margin17.6%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Current ratio3.88Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹1,753 cr
Book value
₹1,269
EPS
₹30.90
latest quarter
Net debt
₹-28 cr
more cash than debt
Enterprise value
₹1,725 cr
EBITDA
₹50 cr
annualised
EBIT
₹36 cr
annualised
Operating margin
12.5%
Return on assets
8.1%
Earnings yield
1.41%
P/S
6.15
Sales / share
₹1,425.6
Tax rate
30.9%
Face value
₹10
Shares
0.2 cr
Working capital
₹144 cr
Current assets
₹194 cr
Current liabilities
₹50 cr
Delivery %
48.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹759₹1,742, midpoint ₹1,237

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹71 cr
Other Income₹2 cr
Total Income₹73 cr
Cost of Materials₹20 cr
Purchases of Stock-in-Trade₹10 cr
Inventory Change (±)₹-30 L
Employee Benefit Expense₹15 cr
Finance Costs₹0 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹16 cr
Total Expenses₹64 cr
Profit before Tax₹9 cr
Tax Expense₹3 cr
Net Profit₹6 cr
Net margin on total income8.5%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹29 cr40.0%
Employee benefit expense₹15 cr20.9%
Depreciation & amortisation₹4 cr4.9%
Other expenses₹16 cr22.0%
Tax expense₹3 cr3.8%
Profit for the period₹6 cr8.5%
Total income ₹73 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue61 cr67 cr71 cr
Total income62 cr68 cr73 cr
Expenses57 cr60 cr64 cr
Profit before tax5 cr8 cr9 cr
Tax2 cr3 cr3 cr
Net profit (owners' share)3 cr5 cr6 cr
Net margin (owners' share, on revenue)4.9%7.6%8.7%
EPS (₹)14.9025.4530.90
YoY (latest quarter): total income +35.1% · net profit +63.5%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹306 cr
Shareholder equity
₹254 cr
parent shareholders
Total debt
₹0 cr
Cash
₹28 cr
Cash flow · H1 FY26
Operating
₹10 cr
Investing
₹-5 cr
Financing
₹-5 cr
Peer comparison
Abrasives & Bearings · by market value
CompanyPriceMarket capP/E
Timken India Limited₹3,185₹23,958 cr50.0
Carborundum Universal Limited₹1,084₹20,643 cr67.1
Grindwell Norton Limited₹1,862₹20,618 cr44.6
SKF India (Industrial) Limited₹2,940₹14,537 cr58.7
Wendt (India) Limitedthis company₹8,765₹1,753 cr70.9
NRB Industrial Bearings Limited₹31₹74 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.34%
trailing 12 months
Dividend / share (TTM)
₹30
Last dividend
₹10
ex 17 Jul 2026
ActionDetailEx-date
Dividend₹10 / share17 Jul 2026
Dividend₹20 / share28 Jan 2026
Dividend₹20 / share14 Jul 2025
Dividend₹30 / share28 Jan 2025
Dividend₹20 / share12 Jul 2024
Dividend₹30 / share1 Feb 2024
Who owns it · 2026-06-30
No pledge
Promoter
37.5%
FII / Foreign
1.2%
DII / Domestic
12.0%
Retail / others
49.4%
Promoter stake down 37.5% over the last 12 quarters.
Smart-money activity
Insider trades
SoldWendt GmbH · Promoters7.50 L · ₹615.3 cr15 May 25
SoldWendt GmbH · Promoters47,352 · ₹14.1 cr7 Jan 21
SoldCarborundum Universal Limited · Promoters47,352 · ₹14.1 cr7 Jan 21
Bulk / block deals
short · NSE1019 Jan 26
short · NSE102 Jan 26
SoldSHRIPAL V VORA (HUF) · NSE10,090 @ ₹10,008.5124 Jul 25
Stake changes
SoldWendt GmbH · promoter→ 0.00% · 7.50 L16 May 25
BoughtSBI Mutual Fund Under its various schemes→ 6.59% · 69,93229 Jun 21
SoldCarborundum Universal Limited · promoter→ 37.50% · 47,3528 Jan 21
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 26 Mar 2026
See the official result
1
Appointment of Mr. Amit Ingale (DIN: 08424412) as an Executive Director
Backed by 100% of shareholders other than promotersneeded 50%
1.89 L votes for, 533 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 1 named members
owning 37.5% between them · as of 2026-06-30
Carborundum Universal Limited37.50%
Business done with them
FY2026 · 1 of the group
The company paid ₹19 cr to companies in the promoter group last year — about 7.9% of its ₹236 cr revenue and received ₹5 cr back from them.
CARBORUNDUM UNIVERSAL LIMITED
Bought goods from them · Purchase of Goods, Reimbursement of other Expenses to related parties, Management Fee Expense, Payment of Dividend, Revenue from sale of goods, Receipt of Commission and Rent, Reimbursement of Expenses - Received
also owns 37.50% of the company
₹12 cr
company paid
CARBORUNDUM UNIVERSAL LIMITED
Other payments to them · Purchase of Goods, Reimbursement of other Expenses to related parties, Management Fee Expense, Payment of Dividend, Revenue from sale of goods, Receipt of Commission and Rent, Reimbursement of Expenses - Received
also owns 37.50% of the company
₹6 cr
company paid
CARBORUNDUM UNIVERSAL LIMITED
Sold goods to them · Purchase of Goods, Reimbursement of other Expenses to related parties, Management Fee Expense, Payment of Dividend, Revenue from sale of goods, Receipt of Commission and Rent, Reimbursement of Expenses - Received
also owns 37.50% of the company
₹5 cr
company received
CARBORUNDUM UNIVERSAL LIMITED
Other income from them · Purchase of Goods, Reimbursement of other Expenses to related parties, Management Fee Expense, Payment of Dividend, Revenue from sale of goods, Receipt of Commission and Rent, Reimbursement of Expenses - Received
also owns 37.50% of the company
₹65 L
company received

The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.