WPIL Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with BSE. The report details the company's performance against the National Guidelines on Responsible Business Conduct (NGRBC) principles, covering environmental, social, and governance (ESG) parameters.

The company reported a total workforce of 1,015 individuals, comprising 525 employees and 490 workers. Women accounted for 2.35% of the total employee strength and 0% of the workforce. The Board of Directors included one female member, representing 25% of the Board. The report confirmed that no fines or penalties were imposed by regulatory bodies during the year.

Governance and Ethics

WPIL stated that all nine NGRBC principles are covered by its policies, which have been approved by the Board. Mr. Prakash Agarwal, Managing Director, is responsible for the implementation and oversight of business responsibility policies under the guidance of the Board. The company reported zero instances of bribery or corruption charges against its directors, key managerial personnel, employees, or workers.

Environmental Performance

The company’s total energy consumption for FY26 stood at 16,392,547,200,000 joules, entirely sourced from non-renewable sources. Energy intensity per rupee of turnover was recorded at 2,143.9 joules. Water withdrawal totalled 14,384 kilolitres, with an intensity of 1.8860 kilolitres per million rupees of turnover. The company generated 315.736 metric tonnes of waste, of which 310.452 metric tonnes were non-hazardous metal chips.

Financial and Operational Metrics

The report highlighted key financial and operational figures for the reporting period.

The company confirmed that it has not conducted an independent assessment of its policies by an external agency. The assurance provider for the report is to be appointed shortly.

WPIL Limited has filed its Annual Report for the financial year ended March 31, 2026, with BSE Limited under Regulation 34(1)(a) of SEBI (Listing Obligations and Disclosure Requirements) Regulations. The report was submitted on July 14, 2026, and encompasses standalone and consolidated financial statements, the Notice of the 72nd Annual General Meeting, the Directors' Report, Corporate Governance Report, and Business Responsibility & Sustainability Report.

Standalone Financial Performance

The company's standalone performance for FY 2025-26 was mixed, with robust product division results offset by subdued project division revenues. The following table summarises key standalone financial highlights:

Revenue from operations on a standalone basis was Rs. 76,267.79 lacs for the year ended March 31, 2026, compared to Rs. 1,14,771.88 lacs in the previous year. The decline was primarily attributable to a sharp reduction in project division revenues, which fell to Rs. 391 crores from Rs. 823 crores in FY 2024-25, due to sector constraints. The product division, however, recorded revenue growth to Rs. 374 crores from Rs. 323 crores in FY 2024-25, supported by a record order book.

Divisional Performance

Within the product division, the Assembled to Order segment reported stable revenues of Rs. 190 crores, while the Engineered to Order segment grew to Rs. 184 crores from Rs. 133 crores in FY 2024-25. The project division's domestic performance was affected by sector constraints, though the outlook is improving with the approval of Jal Jeevan Mission 2 with enhanced outlay. The International project division, established in FY 2025 through South African subsidiaries Eigenbau and PCI along with MISA in Italy, had a strong year with growing revenues and large contract wins.

Segment Revenue Summary

Consolidated Financial Performance

On a consolidated basis, WPIL Limited reported revenue from operations of Rs. 1,85,456.84 lacs for the year ended March 31, 2026, compared to Rs. 1,80,688.71 lacs in the previous year. Net profit after tax from continuing and discontinued operations stood at Rs. 19,961.92 lacs, against Rs. 12,660.39 lacs in the prior year. Total comprehensive income for the year was Rs. 33,971.56 lacs.

The consolidated balance sheet as at March 31, 2026, reflects total assets of Rs. 3,26,545.01 lacs and total equity of Rs. 1,96,545.24 lacs, including non-controlling interests of Rs. 37,508.01 lacs.

Dividend and Reserves

The Board of Directors has recommended a final dividend of Rs. 2/- per equity share of face value Re. 1/- for the financial year ended March 31, 2026, subject to shareholder approval at the forthcoming AGM. If approved, this would result in a cash outflow of Rs. 1,953.42 lacs. The Board also proposes to transfer Rs. 80 Crores to the General Reserve, with Rs. 600 Crores proposed to be retained in the General Reserve Account. Dividend payment is scheduled on and around August 14, 2026, and will be processed only through electronic mode.

Annual General Meeting and Corporate Governance

The 72nd Annual General Meeting of WPIL Limited will be held on Friday, August 7, 2026, at 11:00 A.M. IST via Video Conferencing/Other Audio Visual Means. The Register of Members and Share Transmission Books will remain closed from August 1, 2026, to August 7, 2026 (both days inclusive). The record date for dividend entitlement is July 31, 2026. Remote e-voting will be available from August 4, 2026, at 9:00 A.M. to August 6, 2026, at 5:00 P.M.

The company's Board comprises eight Directors, including four Executive Directors and four Non-Executive Independent Directors. During the year, six Board meetings were held. The Statutory Auditors, Salarpuria & Partners, Chartered Accountants, issued an unqualified audit report. The Secretarial Audit Report submitted by M/s. Rinku Gupta & Associates also contained no qualifications. The company's credit rating was reaffirmed at Care A1+ with stable outlook.

Key Corporate Developments

• The authorized share capital was increased from Rs. 10,50,00,000/- to Rs. 12,00,00,000/- through creation of additional 1,50,00,000 equity shares of face value Re. 1/- each.
• WPIL SA Holdings Pty Limited completed the acquisition of 55% shareholding in Paterson Candy International (South Africa) Pty Limited on June 9, 2025, for a consideration of Rs. 7,901.62 lacs, resulting in goodwill of Rs. 7,199.99 lacs.
• The Parent Company divested its entire shareholding in Sterling Pumps Pty Limited to Aturia International Pte Limited during the year.
• India's New Labour Codes were implemented on November 21, 2025; the company accounted for Rs. 424.07 lacs towards additional gratuity and leave encashment as past service cost.
• As at March 31, 2026, 99.66% of the total equity share capital was held in dematerialized form.
• The company had 702 employees on the roll (excluding manpower on contractual basis) at the end of the year under review.
• Total foreign exchange earned during the period was Rs. 6317.80 lacs and total foreign exchange used was Rs. 933.80 lacs.