Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

W S Industries (I) Limited

NSE: WSICivil Construction

Share price

₹52.89

+1.52% close of 8 Oct 2026

Market cap ₹401 CrP/E 133.8

Business score

How strong the business is, in one number. The parts behind it are in Pro.

34

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹401 Cr

P/E ratio

133.8

P/B ratio

1.0

ROCE

3.1%

ROE

0.7%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹92.6552-week low ₹50.66

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Jun 2026 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Jun 2026 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
W S Industries (I) Limited — this one-45%/yr133.8×—
Rail Vikas Nigam Limited-13%/yr43.4×—
Kalpataru Projects International Limited36%/yr21.4×₹0.60
IRB Infrastructure Developers Limited8%/yr21.6×₹2.7
NBCC (India) Limited13%/yr29.2×₹2.2
Cemindia Projects Limited68%/yr32.2×₹0.47

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Civil Construction), it ranks 77 of 89 on returns, 51 of 90 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 3.1% on capital, ahead of 13% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹96 crore of cash before any plant spend, funded from shareholders — borrowings did not rise. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹0 Cr

Revenue vs last year

-98.3%

Revenue vs last quarter

-97.9%

Net profit

₹2 Cr

Profit vs last year

+31.6%

Profit vs last quarter

-30.9%

Net margin

416.3%

EPS

₹0.24

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹401 Cr
Prev close
₹52.89
52w High
₹95.0
52w Low
₹50.1
Enterprise value
₹362 Cr
Beta
0.9
Price CAGR 1y
-30.0%
Price CAGR 3y
-20.0%
Price CAGR 5y
54.0%
Price CAGR 10y
18.0%

Ratios

Return on assets
0.4%
PEG ratio
-3.0
P/E ratio
133.8
P/B ratio
1.0
EV / EBITDA
113.1
Industry P/E
15.6
ROCE
3.1%
ROCE 5y average
6.8%
ROE
0.7%
Debt / Equity
0.2
Interest coverage
1.3
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
1.0%

Annual P&L

Annual revenue
₹92 Cr
Annual profit
₹2 Cr
Operating margin
10.1%
Net profit margin
2.4%
EBITDA margin
10.1%
Sales growth 3y
4.7%
Sales growth 5y
—
Profit growth 3y
-45.0%
Profit growth 5y
18.0%
EPS
₹0.3
Sales growth TTM
-66.0%
Profit growth TTM
115.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹0 Cr
Profit latest quarter
₹2 Cr
YoY quarterly sales growth
-98.3%
YoY quarterly profit growth
31.6%
OPM latest quarter
-600.0%

Balance Sheet

Book Value
₹52.1
Face Value
₹10.0
Total debt
₹69 Cr
Total cash
₹108 Cr
Borrowings
₹69 Cr
Reserves / Equity
4.2

Cash Flow

Operating cash flow
-₹6 Cr
Free cash flow
-₹94 Cr
FCF yield
-25.7%
Net cash flow
₹3 Cr

Shareholding

Promoter holding
51.7%
FII holding
13.5%
DII holding
0.1%
Public holding
34.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Larsen & Toubro3,616.7528.24,97,6271.044,988.014.067,941.76.714.6
Rail Vikas187.7043.539,1360.87159.518.54,321.210.610.8
Kalpataru Proj.1,405.7021.624,0060.75311.545.16,408.03.818.3
IRB Infra.Devl.17.5621.521,2090.87306.351.32,137.31.87.5
NBCC74.0129.119,9831.30158.017.22,259.5-5.529.3
Cemindia Project1,142.7032.719,6300.24140.82.62,720.95.632.8
Engineers India289.4020.816,2661.79157.9141.5819.8-5.830.4
W S Inds.53.10136.24030.001.850.00.4-98.33.1
Median125.1015.86020.0010.617.7171.911.015.5

Competes with: Cemindia Projects Limited, Central Mine Planning & Design Institute Limited, Engineers India Limited, IRB Infrastructure Developers Limited, Ircon International Limited, KEC International Limited, Kalpataru Projects International Limited, Larsen & Toubro, NBCC (India) Limited, Rail Vikas Nigam Limited, Techno Electric & Engineering Company Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales46811108972626640262421210.43
Expenses4168958164566840232221173.01
Material Cost148.817.95135.400.16
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost0.621.401.111.111.130.65
Other Expenses2513137.02112.20
Operating Profit5.0813157.887.296.24-2.36-0.373.302.42-0.263.62-2.58
OPM %1116148.841010-3.60-0.931310-1.2617-600
Other Income1.490.170.140.040.680.831.411.081.080.640.732.016.76
Exceptional items (within Other Income)00.320000.16
Interest1.521.311.511.631.661.882.312.302.162.262.232.151.97
Depreciation0.080.190.200.260.360.550.560.550.440.440.450.440.33
Profit before tax4.9711146.035.954.64-3.82-2.141.780.36-2.213.041.88
Tax %000-1763817520-232419-8.60154.79
Net Profit4.971114173.703.87-24-1.651.360.29-2.022.591.79
EPS in Rs1.112.432.963.310.610.61-3.73-0.240.230.06-0.290.350.25
Diluted EPS in Rs-0.340.190.01-0.340.370.22

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015 6mMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales137.071.952.250.330.2100803262399266
Expenses3030220.71220576.600.53792852288263
Material Cost11335
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost6.184.75
Other Expenses10943
Operating Profit-16-23-201.54-219-57-6.60-0.530.1941119.223.20
OPM %-120-328-1,01468-66,503-26,9190.24134.68104.86
Other Income0.68-4.0824409.340-1.78-55241.833.954.4610
Exceptional items (within Other Income)00.32
Interest255.303.88-0.054.870.0203.504.316.068.158.808.61
Depreciation6.35129.199.179.234.21000.210.732.021.771.66
Profit before tax-47-44-9.2332-224-61-8.38-5920364.652.973.07
Tax %-1.531.330.98000000-2948225
Net Profit-46-45-9.3332-224-61-8.38-592047-182.222.65
EPS in Rs-22-21-4.4115-85-23-3.19-234.709.33-2.770.340.37
Diluted EPS in Rs-3.080.31
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
29%
5 years
—
3 years
5%
TTM
-66%

Compounded profit growth

10 years
7%
5 years
18%
3 years
-45%
TTM
115%

Stock price CAGR

10 years
18%
5 years
54%
3 years
-20%
1 year
-30%

Return on equity

10 years
—
5 years
—
3 years
6%
Last year
1%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital212121212626262642506376
Reserves-140-183-194-161-107-111-120-492387135319
Borrowings3313303063064971141288764748769
Other Liabilities181187168915945381711013812377
Minority Interest-0.08-0.46
Total Liabilities393355302257476737382239349409540
Fixed Assets18617093844260.020.020.0225151154207
CWIP0.680.790.700.700.70000002.881.26
Investments000.02000000000
Other Assets20618420817249737382215198252332
Total Assets393355302257476737382239349409540

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-24-6.416.37-15-118-12-7.06-16-105113-83-5.96
Cash from Investing Activity-0.030.632.700.09-350.12-7.1714223-127-14-159
Cash from Financing Activity24-4.37-3.739.541531014-103625084168
Net Cash Flow-0.06-105.34-4.980.59-1.80-0.0422-2036-122.61
Free Cash Flow-24-76.08-15-153-12-14126-103-14-91-94

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1,2041,8635,8984599,36814,93038695113233
Inventory Days1,56712,708393,22925413521
Days Payable1,89414,9041,21679,06519210083153
Cash Conversion Cycle877-3334,720-75,3779,36814,9302193665101
Working Capital Days-4,491-14,485-61,485-45,549-1,31,544-2,20,547-182-1546218
ROCE %-16-3.3321-75-27-21-0.871.22255.303.09

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters585859636060616161595252
FIIs000.0101.061.071.081.080.980.761414
DIIs0.150.150.140.120.110.140.140.140.110.110.090.09
Public424241373838383838403535
No. of Shareholders8,3298,71713,68015,89020,51020,84420,38119,78419,50518,59218,30717,906

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -27.3% (₹72.74 → ₹52.89)Brick size ₹2.74 (fixed)Bricks 37
₹60.00₹80.00₹52.89Nov '25Feb '26May '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹52.89 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-39.48inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about W S Industries (I) Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Buys from

  • AURA POWER PRIVATE LTD
  • CMK Projects Private Limited

Sells to

  • CMK Projects Private Limited · Back-to-back sub-contracted civil infrastructure execution; FY25 KAM: 'all the ongoing con…
  • Renaatus Projects Private Limited · Back-to-back sub-contracted civil infrastructure execution
  • Trineva Infra Projects Private Limited · Back-to-back sub-contracted civil infrastructure execution (incl. Nagapattinam Combined Wa…
  • Trineva-JWIL (JV)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Construction
Industry
Civil Construction
Classification
Construction › Civil Construction
ISIN
INE100D01014

News impact

Big market events that reach W S Industries (I) Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

3 Sep 2009unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 23 rows from NSE's archive (replace 17, delete 0, insert 6), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Insider trades

DisclosedWhoTypeSharesValue ₹ Cr
19 Sep 2026S. Aravindan · PromoterBUY14,7230.08
19 Sep 2026S. Aravindan · PromoterBUY6180.00
17 Sep 2026Mamatha P · Promoter GroupBUY20,4000.12
12 Sep 2026Mamatha P · Promoter GroupBUY3800.00
10 Sep 2026S. Aravindan · PromoterBUY15,0000.09
9 Sep 2026Mamatha P · Promoter GroupBUY7,2910.04
8 Sep 2026S. Aravindan · PromoterBUY8,3010.05
8 Sep 2026S. Aravindan · PromoterBUY5680.00
7 Sep 2026SANU RAGHAV · Promoter GroupBUY2,3500.01
5 Sep 2026S. Aravindan · PromoterBUY10,0000.06

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.