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.

WPIL Limited has scheduled an investor and analyst meeting with 360 One Capital for July 7, 2026. The interaction will be conducted via video conferencing. The company confirmed that no unpublished price sensitive information (UPSI) is intended to be discussed during the meeting.

The meeting is being held pursuant to Regulation 30(6) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The schedule was submitted to BSE Limited for information and records.

Meeting Details

The following table outlines the key details of the scheduled interaction:

WPIL Limited noted that the schedule is subject to change if necessary. The intimation was signed by Executive Director K.K. Ganeriwala on July 2, 2026.