W P I L LTD.

Manufactures industrial pumps and accessories, and executes water-infrastructure works contracts. Operations are split between a product business (pumps sold into power, irrigation, oil & gas and industrial buyers) and a project business (turnkey works contracts for water supply schemes). FY26 consolidated revenue was ₹1,854.57 crore, with materials at 23.4% of revenue and employee costs at 15.9% as the main cost lines. The international mix has shifted sharply: international revenues reached ₹1,136 crore in FY26 (about 65% of the consolidated mix), up from ₹668 crore the year before, while the domestic project business was weighed down by Jal Jeevan Mission payment delays and a Madhya Pradesh Jal Nigam debarment over contract delays. The order book stood at ₹5,270 crore at end-Q1 FY27, of which ₹2,891 crore was international, including a South African consortium order where WPIL's share is roughly ₹1,172 crore (Lower Umkhomazi Bulk Water Supply Scheme Phase 2). WPIL Thailand crossed ₹300 crore in FY26, and three overseas acquisitions (Misa Italy, Eigenbau SA, PCI South Africa) were completed during the year. EBITDA margin guidance is a 15–20% band on a consolidated basis, with FY26 actual at 17.16%.