WPIL Limited , a leading player in the pumps and pumping systems segment, has outlined ambitious growth plans supported by a robust order book and strategic investments. The company, with over 70 years of experience in the industry, is positioning itself for expansion in both domestic and international markets.

Strong Order Book and Expansion Plans

WPIL has reported a substantial order book worth ₹4,000 crores, indicating a strong pipeline of projects in the infrastructure and water sectors. This impressive backlog provides visibility for future revenue growth and underscores the company's strong market position.

To capitalize on these opportunities, WPIL plans to invest ₹200 crores in capital expenditure. This investment is aimed at enhancing manufacturing capacity and improving automation capabilities, which may bolster the company's operational efficiency and competitiveness.

Global Market Expansion

The company is actively expanding its global footprint, with a particular focus on Africa and the Middle East markets. This strategic move aligns with WPIL's goal of diversifying its revenue streams and tapping into high-growth regions.

Financial Performance

WPIL's financial results reflect its growth trajectory:

The company's consolidated revenue for Q2 stood at ₹426.00 crores, with an EBITDA margin of 18.87%. For the first half, WPIL reported a revenue of ₹804.60 crores and a net profit of ₹77.50 crores.

Segment Performance

WPIL's business is divided into domestic and international segments, with both showing promising developments:

Domestic Business:

• The product division reported revenues of ₹151 crores for H1.
• The project business faced challenges but is focusing on project completion and commissioning.

International Business:

• International revenues reached ₹456 crores in H1, a 58% increase from the previous year.
• The company's subsidiaries in South Africa and Italy are securing new orders and rebuilding brand credibility.

Strategic Initiatives

WPIL is undertaking several strategic initiatives to drive growth:

1. Increasing authorized share capital from ₹10.5 crores to ₹12 crores to support future funding requirements.
2. Pursuing listing on the National Stock Exchange in addition to its existing listing on the BSE Limited.
3. Focusing on project completion and ramping up Operations & Maintenance (O&M) activities.

Outlook

With its strong order book, strategic capex plans, and focus on global expansion, WPIL appears well-positioned for potential growth. The company aims to achieve margin growth through improved project execution efficiency and export diversification strategies.

As WPIL continues to leverage its expertise in the pumps and pumping systems sector, investors and industry observers will be watching closely to see how these initiatives translate into long-term value creation.

WPIL Limited , a leading player in the pumps and pumping systems segment, has reported a mixed set of financial results for the second quarter of fiscal year 2026. While the company experienced a decline in overall revenue, its international business showed significant growth, helping to offset challenges in the domestic market.

Key Financial Highlights

International Business Drives Growth

The standout performer for WPIL in Q2 FY26 was its international business, which saw revenues surge by 60% year-over-year to ₹2,590.00 crore. This robust growth in international operations helped to partially offset the challenges faced in the domestic market.

Domestic Business Performance

WPIL's domestic business presented a mixed picture:

• The product division showed strength with revenues of ₹151.00 crore for the first half of FY26, compared to ₹138.00 crore in the same period last year.
• The project business continued to face challenges, with revenues declining to ₹89.00 crore from ₹247.00 crore in the previous year.

Order Book and Future Outlook

Despite the revenue decline, WPIL's order book remains robust:

• The domestic product division reported its highest-ever backlog of ₹422.00 crore.
• The international orderbook remains strong, with PCI Africa expecting some large contracts in Q3, which could boost growth.

Segment-wise Performance

Product Division

• Domestic product revenues grew in the first half of FY26, with a strong enquiry pipeline suggesting continued growth across sectors.
• Gruppo Aturia, part of WPIL's international operations, secured good orders in the Oil & Gas sector during Q2.
• The Australian business showed improved performance with strong execution and promising prospects in both water and Oil & Gas sectors.

Project Division

• The domestic project business remains focused on project completion and commissioning.
• International projects, particularly through PCI Africa and Eigenbau in South Africa, have good orderbooks and a strong project pipeline.

Management Commentary

While specific management quotes were not provided, the company's focus appears to be on leveraging its strong international growth to balance domestic challenges. WPIL is also working on improving margins in its international business, which are expected to normalize through the year.

Conclusion

WPIL's Q2 FY26 results reflect the company's resilience in the face of domestic market challenges, with its international operations providing a strong counterbalance. The robust order book and potential for large contracts in the near future suggest that WPIL is well-positioned for growth, particularly in its international markets. Investors and stakeholders will likely be watching closely to see how the company capitalizes on these opportunities in the coming quarters.