WINSOL

Winsol Engineers Limited

Listed company · ISIN INE0S3D01016 · NSE SM · FV ₹10
Last price
₹106
-3.59%today
What this company does

Winsol Engineers Limited is a listed company. It booked ₹70 cr of revenue in its latest half year (H2 FY26) and kept 10.5% of sales as profit.

61out of 100
Equitytale Health Score
Mixed

Healthier than 61% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 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)
48

At close. Not part of the score.

Profitability & returns80

How much profit it earns on the money it employs

Balance sheet29

How much it owes, and whether earnings cover the interest

Cash quality35

Whether reported profit actually arrives as cash

Valuation70

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

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 74%
✓ No promoter shares pledged
✓ Strong 28% return on equity
Watch-outs
! Carries high debt (D/E 1.3)

What if I invest in WINSOL?

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 We do not publish price targets or predict returns.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 half year + price
₹106▼ -3.59%
latest close · 2026-10-01
52-wk low ₹10151 sessions so far52-wk high ₹125
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 ratio8.2Low
LowAverageHigh
P/B ratio2.34Moderate
Below bookModerateHigh
EV / EBITDA7.2Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity28.4%Strong
WeakFairStrong ▸15%
Return on capital27.0%Strong
WeakFairStrong
Net margin10.5%Decent
ThinDecentStrong
EBITDA margin18.8%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity1.30High
LowModerateHigh ▸1
Interest cover5.1×Strong
RiskyOkayStrong ▸5×
Current ratio1.72Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹122 cr
Book value
₹45
EPS
₹6.44
latest half year
Net debt
₹68 cr
owes more than its cash
Enterprise value
₹190 cr
EBITDA
₹26 cr
annualised
EBIT
₹26 cr
annualised
Operating margin
18.8%
Return on assets
9.4%
Earnings yield
12.15%
P/S
0.87
Sales / share
₹122.2
Tax rate
30.1%
Face value
₹10
Shares
1.2 cr
Working capital
₹43 cr
Current assets
₹102 cr
Current liabilities
₹60 cr
Delivery %
84.0%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹107–₹107, midpoint ₹107

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 · H2 FY26 (consolidated)
Revenue from Operations₹70 cr
Other Income₹62.3 L
Total Income₹71 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹32 cr
Inventory Change (±)₹-2 cr
Employee Benefit Expense₹6 cr
Finance Costs₹3 cr
Other Expenses₹21 cr
Total Expenses₹60 cr
Profit before Tax₹11 cr
Tax Expense₹3 cr
Net Profit₹7 cr
Net margin on total income10.5%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹30 cr42.7%
Employee benefit expense₹6 cr8.6%
Finance costs₹3 cr3.7%
Other expenses₹21 cr30.0%
Tax expense₹3 cr4.5%
Profit for the period₹7 cr10.5%
Total income ₹71 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue66 cr70 cr
Total income66 cr71 cr
Expenses57 cr60 cr
Profit before tax10 cr11 cr
Tax3 cr3 cr
Net profit (owners' share)7 cr7 cr
Net margin (owners' share, on revenue)10.5%10.5%
EPS (₹)6.046.44
Balance sheet & cash flow · as of Mar 2026
High debt
Total assets
₹158 cr
Shareholder equity
₹52 cr
parent shareholders
Total debt
₹68 cr
Cash
₹56.2 L
Corporate actions
Dividend yield
0.94%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 18 Sep 2026
ActionDetailEx-date
Dividend₹1 / share18 Sep 2026
Who owns it · 2026-03-31
No pledge
Promoter
73.7%
FII / Foreign
0.0%
DII / Domestic
—
Retail / others
26.3%
Promoter stake up 0.7% over the last 4 quarters.
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 — 29 named members
owning 73.7% between them · as of 2026-03-31
RAMESH JIVABHAI PINDARIYA55.46%
AMRI RAMESH PINDARIYA7.23%
KASHISH RAMESH PINDARIYA3.65%
KISHOR JIVABHAI PINDARIYA3.65%
PINDARIYA KASHMIRA3.65%
BHINIBEN BHATU0.04%
JYOTSNA PINDARIYA0.04%
Chavda Maheshkumar Rambhai0.02%
Business done with them
FY2025 · 6 of the group
The company paid ₹21.6 L to companies in the promoter group last year — about 0.2% of its ₹111 cr revenue and received ₹2 cr back from them.
REPOWER INFRASTRUCTURE PRIVATE LIMITED
Advances Taken During Year · Loan Received back, Loan Given
₹3 cr
company received
REPOWER INFRASTRUCTURE PRIVATE LIMITED
Advances Given During Year · Loan Received back, Loan Given
₹3 cr
company received
Uniflex Wires & Cables Limited
Sold goods to them · Export Sales
₹2 cr
company received
AVNITHA ORGANICS PRIVATE LIMITED
Other payments to them · Food Expenses
₹10 L
company paid
AMRI RAMESH PINDARIYA
Advances Given During Year · Salary, Loan Repaid
also owns 7.23% of the company
₹8.4 L
company received
RAMESH JIVABHAI PINDARIYA
Other payments to them · Salary, Rent Paid
also owns 55.46% of the company
₹5.9 L
company paid
Vrundavan Petroleum
Other payments to them · Fuel & Diesal Expenses
₹5.8 L
company paid

The company also transacted with 3 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.