Skip to main content
Swing Capital

Windsor Machines Ltd

NSE: WINDMACHIN BSE: 522029

Incorporated in 1963, Windsor Machines Ltd is in the business of manufacturing plastic processing machinery[1]

₹278
52W: ₹200 — ₹410
PE 1740 · Book ₹55.6 · +400% vs book
Market Cap₹2,435 Cr
Stock P/E1740Price to Earnings
ROCE1.91%Return on Capital
ROE0.23%Return on Equity
Div. Yield0%Face Value ₹2

Strengths

  • +Company is expected to give good quarter
  • +Promoter holding has increased by 1.67% over last quarter.

Weaknesses

  • −Stock is trading at 4.97 times its book value
  • −Company has a low return on equity of -0.91% over last 3 years.
  • −Promoters have pledged 36.8% of their holding.
  • −Promoter holding has decreased over last 3 years: -10.7%
  • −Working capital days have increased from 53.4 days to 189 days

Shareholding Pattern

Promoters47.86%
FIIs1.58%
DIIs2.47%
Public48.09%
CategorySep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Apr 2026
Promoters53.9%53.91%▲0.044.52%▼9.444.52%44.52%46.18%▲1.746.22%▲0.047.86%▲1.6
FIIs1.12%1.89%▲0.81.41%▼0.51.23%▼0.21.06%▼0.21.03%▼0.01.62%▲0.61.58%▼0.0
DIIs0.07%0.15%▲0.11.86%▲1.72.12%▲0.32.5%▲0.42.56%▲0.12.57%▲0.02.47%▼0.1
Public44.9%44.04%▼0.952.21%▲8.252.12%▼0.151.92%▼0.250.22%▼1.749.59%▼0.648.09%▼1.5

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales84.1106.2279.1658.38107.21120.8269.687.13135.83180.67
Expenses74.77100.4175.8553.9194.6109.8368.4785.31131.86171.33
Operating Profit9.335.813.314.4712.6110.991.131.823.979.34
OPM %11.09%5.47%4.18%7.66%11.76%9.1%1.62%2.09%2.92%5.17%
Net Profit2.98-0.5-1.26-23.448.13-4-16.06-2.94-2.742.15
EPS ₹0.46-0.08-0.19-3.611.25-0.47-1.9-0.35-0.310.24

AI Insights

Revenue Trend

Mar 2026 revenue at ₹567Cr, up 72.9% YoY. OPM at 5%.

Debt Position

Borrowings at ₹86Cr. Debt-to-equity ratio: 0.18x. Healthy balance sheet.

Capex Cycle

CWIP at ₹16Cr (8% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 2.47% (+2.45pp change). FIIs: 1.58% (+1.47pp change). Promoters hold 47.86%.

Margin & Efficiency

ROCE declining from 20% (Mar 2015) to 2% (Mar 2026). Working capital days: 189.

Valuation

PE 1740x with 1.91% ROCE. Price is 400% above book value of ₹55.6. Dividend yield: 0%.

Recent Announcements