Walchandnagar Industries Limited reported a net loss of ₹14.68 crore for the financial year ended March 31, 2026, narrowing from a loss of ₹86.03 crore in the previous year. Total revenue for the period increased to ₹296.26 crore from ₹294.84 crore in the financial year 2024-25. The company’s operational performance improved, with EBITDA turning positive at ₹35.49 crore compared to a negative EBITDA of ₹35.61 crore in the prior year.

Financial Performance

The company reported a profit before exceptional items and tax of ₹6.02 crore in Q3 FY26 and ₹2.26 crore in Q4 FY26, marking two consecutive quarters of positive profitability. Revenue from operations rose to ₹275.19 crore in FY26 from ₹259.18 crore in FY25. The company’s orders on hand stood at ₹871.77 crore as of March 31, 2026, compared to ₹908.96 crore in the previous year.

Operational Highlights

During the year, the company achieved an export turnover of ₹59.36 crore, a significant increase from ₹9.61 crore in the previous year. Export orders on hand were recorded at ₹395.42 crore as of March 31, 2026. The lockout at the Satara plant was called off on November 24, 2025, with operations resuming in phases from December 2025.

Key Financial Metrics

Board and Governance

The Board of Directors met six times during the year. Mr. Chakor L. Doshi retires by rotation at the 117th Annual General Meeting and, being eligible, has offered himself for re-appointment. The company has appointed M/s. Jayesh Sanghrajka & Co. LLP as its statutory auditors.

Walchandnagar Industries Limited’s Board has approved the amendment of the registered office clause within its Memorandum of Association, a change that will define the company's location within the State of Maharashtra. The decision, taken during a meeting held on July 01, 2026, aims to update the corporate charter regarding the registered office. This modification is not immediately effective and requires the approval of the company's members at the ensuing Annual General Meeting.

The meeting, which commenced at 05:22 p.m. and concluded at 06:00 p.m., was conducted in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to the National Stock Exchange of India Ltd. and BSE Ltd. to inform stakeholders of the board's decision.

Key Board Decisions

The Board's approval specifically targets the substitution of the existing registered office clause. The revised text replaces the previous provision with a specific geographical scope.

The filing was signed by G. S. Agrawal, Whole Time Director & Company Secretary, confirming the Board's resolution. The company awaits the shareholder vote to finalize the amendment process.