Walchandnagar Industries disclosed that its promoters and promoter group members did not create any further encumbrances on shares during the financial year ended March 31, 2026. The declaration confirms that no new charges were placed on the shares directly or indirectly by the promoters during this period. The only encumbrances currently in effect are those that were disclosed in previous years and continue to remain valid.

The disclosure was submitted to the National Stock Exchange of India Ltd and BSE Ltd by Chakor L. Doshi, Promoter – Chairman, on April 06, 2026. The communication was made in accordance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation requires promoters to inform the exchanges about any encumbrance of shares held by them.

The filing explicitly states that apart from the encumbrances made and disclosed in earlier years, there have been no additional transactions involving the pledging or encumbrance of shares by the promoter group. The letter was addressed to the Corporate Action Department of the NSE and the Corporate Relations Department of the BSE to update their records.

The Audit Committee of Walchandnagar Industries was also marked a copy of the disclosure. The registered office of the company is located at 3, Walchand Terraces, Tardeo Road, Mumbai. The submission serves as a formal compliance update regarding the shareholding status of the promoters.

Walchandnagar Industries Limited has reported its audited financial results for the quarter and year ended March 31, 2026, showcasing a return to quarterly profitability and a significant reduction in annual losses. The Heavy Engineering segment remained the primary revenue driver, contributing ₹23,801 lakh to the annual revenue.

Financial Performance

For the fourth quarter of FY26, the company posted a net profit of ₹294 lakh, a sharp reversal from the net loss of ₹5,612 lakh recorded in the corresponding period of the previous year. This turnaround was supported by a 75.2% surge in revenue from operations, which rose to ₹9,302 lakh from ₹5,308 lakh in Q4 FY25. Total income for the quarter stood at ₹10,321 lakh, compared to ₹5,600 lakh in the prior year.

On an annual basis, the company significantly narrowed its net loss to ₹1,468 lakh for FY26, down from a net loss of ₹8,603 lakh in FY25. Total income for the year remained stable at ₹29,626 lakh, marginally higher than the ₹29,484 lakh reported in the previous fiscal year. The company also turned EBITDA positive at ₹3,548 lakh for the year, compared to a negative EBITDA of ₹3,561 lakh in FY25.

Key Financial Highlights

The table below summarizes the company's key financial metrics for the quarter and full year:

Operational Metrics

Basic earnings per share (EPS) for the quarter improved to ₹0.43, against a loss of ₹8.32 per share in Q4 FY25. For the full year, the loss per share narrowed to ₹2.17 from ₹14.73 in the prior year. The company's total assets as of March 31, 2026, stood at ₹88,142 lakh, compared to ₹87,210 lakh in the previous year.

The financial results include an exceptional item of ₹68 lakh for the quarter, recognized following an amicable settlement with Aicitta Intelligent Technology Private Limited. The company attributed the operational turnaround to strategic transformation and strong positioning in the Defence, Nuclear, and Aerospace sectors.