Wendt
6,971.00
-110.50(-1.56%)
Market Cap₹1,394.20 Cr
PE Ratio63.48
Company Performance:
1D-1.56%
1M-11.32%
6M-30.63%
1Y-41.85%
5Y+115.50%
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More news about Wendt
17Dec 25
Wendt India Invests EUR 1.1M in German Subsidiary
Wendt India has invested an additional €1.1 million in its wholly owned German subsidiary, Wendt GmbH, through subscription of ordinary shares. This brings the total paid-up capital of Wendt GmbH to €1.65 million. The capital infusion aims to support operational requirements and strengthen the company's international presence. Wendt GmbH, based in Tonisvorst, Germany, focuses on distributing grinding and polishing equipment and related services.
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16Dec 25
Wendt (India) Limited Initiates Postal Ballot for Independent Director Re-appointment
Wendt (India) Limited has initiated a postal ballot for re-appointing Mr. Bhagya Chandra Rao as Independent Director for a second three-year term from January 22, 2026 to January 21, 2029. The e-voting period runs from December 17, 2025 to January 15, 2026, with results expected by January 19, 2026.
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17Oct 25
Wendt India Reports Mixed Q2 FY26 Results: Standalone PAT Declines 57% Amid Challenging Market Conditions
Wendt India Limited reported Q2 FY26 standalone sales of Rs 4,986.00 lakhs, similar to last year, but standalone PAT fell 57% to Rs 455.00 lakhs. Consolidated sales grew 2% to Rs 5,617.00 lakhs, while consolidated PAT dropped 75% to Rs 270.00 lakhs. Domestic sales remained stable at Rs 3,922.00 lakhs, but exports decreased by 5% to Rs 1,064.00 lakhs due to geopolitical volatility and reduced demand from key markets. The company cited a lower mix of machine sales and amortization of the Wendt brand as main factors affecting profitability.
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22Sept 25
Wendt (India) Limited Secures Exchange Approval for Wendt GmbH's Promoter Declassification
Wendt (India) Limited announced that both NSE and BSE have approved the declassification of Wendt GmbH from the 'Promoter' category. The approvals were received on September 22, 2025, with NSE issuing letter NSE/LIST/COMP/WENDT/500/2025-2026 and BSE issuing letter LIST/COMP/AJ/463/2025-26. This change in ownership structure follows correspondence initiated in June and July 2025. The company's Secretary, P Arjun Raj, confirmed the no-objection grants from both exchanges for this declassification.
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15Sept 25
Leadership Shake-up at Wendt (India) Limited: CEO and HR Head Step Down
Wendt (India) Limited, an industrial abrasives company, has announced significant changes in its top management. Ninad Gadgil will step down as Executive Director and CEO, effective September 15, 2025. Simultaneously, Satheesh C, who heads the Human Resources function, will also leave the company on the same date. The company has not yet announced successors for either position. These departures mark a significant transition period for Wendt (India) Limited, with potential implications for the company's future direction and strategy.
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25Jul 25
Wendt (India) Limited Seeks Declassification of Wendt GmbH from Promoter Category
Wendt (India) Limited has applied to NSE and BSE for the declassification of Wendt GmbH from the 'Promoter' category. The application was submitted on July 25th, 2025, in accordance with SEBI regulations. Wendt GmbH currently holds no equity shares in the company. The company has provided details of the shareholding status to the stock exchanges as part of regulatory compliance.
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21Jul 25
WENDT Reports Q1 Revenue Growth Amid Profitability Challenges
Wendt, a leading manufacturer of super abrasives and precision tools, reported mixed Q1 results. Revenue grew 5.30% year-over-year to ₹516.00 crore. However, profitability declined significantly with EBITDA falling 30.48% to ₹73.00 crore and net profit dropping 50.65% to ₹38.00 crore. The EBITDA margin compressed to 14.15% from 21.43% in the previous year, indicating operational challenges.
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21Jul 25
Mukul Agrawal Acquires 2.5% Stake in Wendt India
Individual investor Mukul Agrawal has acquired a 2.5% stake in Wendt India, a manufacturer of super abrasives, machine tools, and precision components. This acquisition marks Agrawal's entry as a shareholder in the company, potentially signaling his confidence in Wendt India's prospects. The move could attract attention from other market participants and may influence market sentiment towards the company.
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18Jul 25
Mukul Agrawal Acquires 2.5% Stake in Wendt (India)
Individual investor Mukul Agrawal has acquired a 2.5% stake in Wendt (India) during the first quarter, marking a new shareholding position for him in the company. Wendt (India) specializes in super abrasives and precision components. This move by a prominent investor may attract increased market attention to the company.
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15May 25
Wendt (India) Shares Plummet 17% as Foreign Promoter Announces Exit
Wendt (India) Limited's stock price dropped over 17% in a single trading session following an announcement by its foreign promoter, WENDT GmbH, to sell its entire 37.50% stake through an Offer For Sale (OFS). The OFS floor price was set at a 38% discount to the previous day's closing price, contributing to the sharp decline. The stock has seen a 52% year-to-date decrease. This move will significantly alter the company's ownership structure and has raised concerns about investor confidence and future strategic decisions.
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14May 25
Wendt GmbH to Offload Up to 30% Stake in Wendt India via Offer for Sale
Wendt GmbH plans to sell up to 30% of its stake in Wendt India Limited through an Offer for Sale (OFS) with a floor price of ₹6,500 per share. An additional 7.50% stake may be sold if the base offer is oversubscribed. This move could increase the public float of Wendt India shares in the market.
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23Apr 25
Wendt (India) Reports Mixed Q4 Results with Revenue Growth and Profit Dip
Wendt (India) Limited announced its Q4 and FY2024-25 results. Q4 revenue increased 8% YoY to ₹756.00 crore, but net profit declined 3.81% to ₹128.90 crore. For FY2024-25, total sales grew 3% to ₹2,119.70 crore, with domestic sales up 7% but export sales down 12%. Consolidated PAT decreased 4% to ₹394.80 crore. The company declared a total dividend of ₹50.00 per share for the year.
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28Mar 25
Wendt India Completes €3.8 Million Trademark Acquisition from Wendt GmbH
Wendt India Limited has completed the acquisition of the 'Wendt' brand and associated trademarks from its German promoter, Wendt GmbH, for €3.80 million (approx. ₹34.20 crore). The deal includes over 60 trademark registrations across 40 countries. The company has also announced the closure of its trading window from April 1 to April 25, 2025, ahead of its annual financial results publication.
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03Mar 25
Wendt India Expands European Footprint with New German Subsidiary
Wendt India Limited plans to set up a wholly owned subsidiary in Germany with an investment of 50 million rupees. The new entity will focus on sales, servicing, and marketing activities for Wendt India's super abrasives, machine building, and precision components businesses in Europe. The company expects to incorporate the subsidiary within three months and complete the investment within two years. This move aims to strengthen Wendt India's presence in the European market, enhance customer service, and increase market penetration. The global super abrasives market is projected to grow at a CAGR of 9% to reach USD 14 billion by 2030.
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Wendt
6,971.00
-110.50
(-1.56%)
1 Year Returns:-41.85%
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