Walchandnagar Industries Limited (WIL), a prominent player in the engineering sector with over 116 years of operational legacy, has reported its financial results for the quarter ending September 30, 2025. The company achieved an EBITDA of Rs. 0.61 Crores for Q2 FY26, marking its second consecutive quarter of positive EBITDA. Revenue from operations rose to Rs. 51.78 Crores, up from Rs. 49.43 Crores in the previous quarter, despite facing challenges in its Foundry business due to a lockdown that severely limited revenue generation in that segment.
The Heavy Engineering segment demonstrated a 9.0% growth sequentially, while the 'Others' segment grew by 8.1% during the same period. While the overall EBITDA decreased from Rs. 2.16 Crores in Q1 FY26, the company remains optimistic about maintaining positive EBITDA moving forward. WIL's net cash flow from operations saw significant improvement, reaching Rs. 12.15 Crores for H1 FY26 compared to Rs. 6.34 Crores in H1 FY25, driven by better working capital management and a narrowing operating loss before adjustments.
Looking ahead, Walchandnagar Industries is concentrating on sectors such as Defence, Nuclear, and Aerospace, which are crucial as the Indian government aims for self-reliance in these industries. The company anticipates a healthy order book ranging between Rs. 150-200 Crores for the second half of FY26, alongside ongoing regular rolling orders. While the financial outlook shows challenges, particularly in revenue generation from the Foundry segment, the overall trajectory appears promising with improved operational efficiencies and a commitment to expanding EBITDA.