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Wendt India Ltd share Price Today

Company details

14,101.00
14,777.00
9,102.65
15,990.00
6M Return 2.78%
1Y Return 57.94%
Mkt Cap.(Cr) 2,895.69
Volume 847
Div Yield 0.34%
OI
-
OI Chg %
-
Volume 847

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Industrial Machinery company Wendt (India) announced Q4FY24 & FY24 results:

Financial Highlights:

Standalone:

  • Company achieved sales of Rs 20,626 lakhs during the year ended 31st Mar’2024, which is 8% higher than the previous year.
  • The domestic sales recorded Rs 15,682 lakhs during the year ended 31st Mar’2024, which is higher by 14% than the previous year.
  • Exports was Rs 4,944 lakhs during the year ended 31st Mar’2024, lower by 7% over the previous year.
  • Profit After Tax (PAT) for the current year is Rs 3,950 lakhs, which is 2% lower than the previous year.
  • The Company achieved total Sales of Rs 6,492 lakhs for the quarter ended 31st Mar 2024, which is 21% higher than the corresponding quarter previous year.
  • PAT was Rs 1,309 lakhs, which is 5% higher than the corresponding quarter last year.

Consolidated:

  • Company’s sales stood at Rs 22,482 lakhs for the current year, which is 8% higher than the previous year.
  • PAT was Rs 4,095 lakhs, which is 2% higher than the previous year.
  • The Company achieved Sales of Rs 6,947 lakhs for the quarter ended 31st Mar 2024 which is 22% higher than the corresponding quarter previous year.
  • PAT of Rs 1,338 lakhs, which is 5% higher than the previous year.

Result PDF

View Other Company Results

Wendt India Ltd shares SWOT Analysis

Strengths (10)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong QoQ EPS Growth in recent results
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 14,803.3
R2 15,128.2
R3 15,479.3
Pivot

14,452.15

S1 14,127.3
S2 13,776.2
S3 13,451.3
EMA SMA
13,955.3
13,317.4
13,063.3
12,616.7
14,018.2
12,737.8
12,899.7
13,347.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
SBI MUTUAL FUND Bulk Purchase 2021-06-29 3850 69932 BSE
PLUTUS WEALTH MANAGEMENT LLP Bulk Sell 2021-06-29 3850.01 70000 BSE
PLUTUS WEALTH MANAGEMENT LLP Bulk Purchase 2020-08-27 3800.12 13040 NSE
Name Category Shares
CARBORUNDUM UNIVERSAL LIMITED PROMOTER 37.5%
WENDT GmbH PROMOTER 37.5%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Wendt India Ltd Stocks COMPARISON

Financials( in Cr) Wendt India Ltd Cummins India Ltd Thermax Ltd Carborundum Universal Ltd Grindwell Norton Ltd
Price 14,478.45 3,596.80 5,424.60 1,590.45 2,507.00
% Change -0.03 -6.20 2.67 -0.29 -3.23
Mcap Cr 2,895.69 99,703.30 64,637.36 30,259.58 27,757.50
Revenue TTM Cr 178.81 7,772.09 8,089.81 4,654.28 2,012.76
Net Profit TTM Cr 27.07 1,228.15 450.70 441.70 295.08
PE TTM 71.71 69.39 106.78 65.81 74.96
1 Year Return 57.94 106.23 140.48 37.49 18.64
ROCE 24.43 26.89 14.53 20.69 27.49
ROE 17.73 22.53 12.25 17.04 20.97
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 161.96 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 39,641.00 -26,315.30
LAST 3M 112,356.80 -35,490.78
LAST 6M 175,524.06 28,431.26
LAST 12M 275,282.89 115,769.27

Wendt India Ltd Information

Stock PE (TTM)
71.71
Promoter Holding
75%
Book Value
1060.55
ROCE
24.43%
ROE
17.73%
Description
  • Wendt (India) Limited incorporated on August 21, 1980 is a joint venture between Wendt GmbH, Germany and Carborundum Universal Limited, India. The Company is into the business of manufacturing, selling and servicing of Super Abrasives, High precision Grinding, Honing, Special Purpose Machines and High Precision components. It is a leading manufacturer of Super-Abrasive Grinding wheels and Tools (Diamond and Cubic Boron Nitride). Super-abrasive products of Diamond (DIA) and Cubic Boron Nitride (CBN) are used by Industries from Automobile, Cutting Tool, Engineering, Steel, Tile, Ferrite, Glass, and Ceramics, to watch manufacturers. The Company has in its Product portfolio, metal bond, resin bond, electroplated, vitrified and infiltrated products along with Diamond Dressing rolls and honing sticks. It produces special purpose CNC Grinding Machine and Refurbish / Upgrade the old generation Grinding Machines to High Tech precision machines especially for Insert Manufacturers. Wendt (India) manufactures premium grinding wheels made from diamonds and cubic boron nitrite. Being a leading manufacturer of abrasives, grinding wheels and refractories in the country, Carborundum Universal will be in a better position with this takeover. In Mar.`95, the company commissioned one wind electric generator (cap.: 225 kW) at Perungudi, Tamilnadu. The company has launched a new Edgestar range of diamond sharpeners for sale through supermarkets and Exihibitions. The company`s products for Granito Tile Industry is now accepted as a bench mark in India, & the company is actively pursuing for export of these product to Malaysia & West Asia. In 2000-01, the company has implemented the Project for the manufacture of Reverse plated and Infilterated rolls and has also commenced its commercial production. The Software Division,Wendtsoft has started marketing its products for Central Excise Management `CENTRAC` in 2001-02. During year 2007, the Company embarked on implementing effective Enterprise Resource Planning (ERP) Solution. Towards this objective, it implemented Project WILPOWER - Robust SAP software system, while engaging HCL Technologies as their implementation partners. The WILPOWER project was launched as scheduled, during the year, with a Go Live on 23rd November 2006. The Company implemented SAP in all 8 modules, except Human Resources. On 24th September 2008 Wendt Middle East FZE incorporated as a 100% wholly owned subsidiary Company in Hamriyah Free Zone, Sharjah UAE was made operational during 2009. The new products launched during the year 2009 were Core Drills, Diamond Pellets. Rotary Dressers, large diameter Vit CBN wheels and Mono Crystalline Diamond Dressers. The Company launched some of the new machines like CNC Rotary Surface Grinding with vertical spindle, CNC Guide Roll Grinder WGM35, 6-axes CNC Notch Milling Machine, Profile Grinding with Video Vision WDM 8V machine besides indigenously building Delapena Honing Machines during year 2011. It introduced and tested several new products including Vitrified CBN wheels for Auto Component and Paper & Textile industry, High performance Electroplated CBN wheels for Automotive industry, Metal Bond wheels for Cutting Tools Industry, precision Dressing Rolls for Aerospace industry and Electroplated Diamond wheels for Ceramic Industry. The Company launched Innovation Management Process. It launched TC Ring Grinding Machine for mini steel plants in year 2014. It started development of few new models of Honing Machines with vertical spindle. It embarked on Lean Management System in order to enhance process efficiency in 2014. It developed two new applications and started commercial production of precision ground and honed components. During the year 2015, Company launched some of new products which include Resinoid Wheels for Cutting Tools, Vitrified Products for Auto Component, Electroplated products for Engineering, Gear and Ceramics, Brazed Diamond Products for Textile and Precision Dressing Rolls for Defence, Gears and Bearing and certain other automotive applications. It launched 7 new machines including Vertical Single & Double spindle Honing machines, Angular Head Grinding machine and Surface Grinding Machine. The Company acquired Star Diamond, Mumbai, a well-known and established name in Stationary Diamond Dressers space in 2016. During the year 2017, Company launched many new models / variants which includes four new CNC machines - Wheel Dressing & Profiling Machine, Creep Feed Grinder, Cylindrical Grinder with Angular Wheel Head and Cylindrical Grinder with Straight Wheel Head apart from developing Vertical Honing Machine - Twin spindle with Robotics and Horizontal Honing Machine with added features. The Company launched fast moving and Standard Super Abrasives and other tooling products in STAR brand during 2021. It developed and established models/variants for the Steel Industry viz., High Precision Tungsten Carbide Ring Grinding Machine: Delta 450/350/250, PDM 400. It commissioned Delta 150, WDM 8V machines. During the year 2023, the Company executed for the first time 11 metres length longest bed twin spindle -twin bed grinding machine model WXG 750. Besides, some of the new machines executed includes OPRA Series 200, 300 and 400 series for steel and round tools, WBM machines refurbishing etc.

Registered Address

No 105 1st Flr Cauvery Block, National Housg Compl Koramanga, Bangalore, Karnataka, 560047

Tel : 91-80-25701423/1424
Email : investorservices:wendtindia.com
Website : http://www.wendtindia.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505412
NSE Code : WENDT
Book Closure Date (Month) : Jul
BSE Group : B
ISIN : INE274C01019

FAQ’s on Wendt India Ltd Shares

You can buy Wendt India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Wendt India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 30, 2024 03:54 PM the closing price of Wendt India Ltd was Rs.14,478.45.

Market capitalization or market cap is determined by multiplying the current market price of a company�s shares with the total number of shares outstanding. As of May 30, 2024 03:54 PM, the market cap of Wendt India Ltd stood at Rs. 2,895.69.

The latest PE ratio of Wendt India Ltd as of May 30, 2024 03:54 PM is 71.71

The latest PB ratio of Wendt India Ltd as of May 30, 2024 03:54 PM is 0.07

The 52-week high of Wendt India Ltd share price is Rs. 15,990.00 while the 52-week low is Rs. 9,102.65

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