Manufactures industrial machinery in three segments: Injection Moulding Machinery, CNC & VMC Machinery, and Extrusion Machinery Division. For FY26 (period ended 2026-03-31), Injection Moulding Machinery was the largest at 252.8 crore (44.3% of segment revenue) with EBIT of 14.9 crore, followed by CNC & VMC Machinery at 186.3 crore (32.6%, EBIT 16.1 crore) and the Extrusion Machinery Division at 131.8 crore (23.1%, EBIT 3.3 crore). Total FY26 revenue was 570.5 crore against a small net profit of 0.6 crore, with total assets of 883.4 crore. Materials make up 70% of revenue, employee costs 12.9%, and capex ran at 29.5% of revenue. The company is expanding physical capacity: in May 2026 it completed acquisition of about 77,198 square metres of land in Chibhda, Rajkot for Rs 55 crore, and shareholders approved the sale of the non-operational Thane plant (about 21,912 sq metres) the same month. A new 'Energy Storage Systems' line appears in the segment disclosures but had no revenue in the periods shown. A new CEO, Mohan Ramachandran, took charge on July 16, 2026. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Injection Moulding Machinery (44%), CNC & VMC Machinery (33%), Extrusion Machinery Division (23%). Cyclical, capital-goods maker of plastic-processing and metalworking machinery.
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 369 | 377 | 354 | 369 | 570 |
| EBITDA (ex other income) | 29 | 29 | 22 | 44 | 27 |
| margin % | 8.0 | 7.7 | 6.3 | 12.0 | 4.8 |
| Owners' profit | 2 | 5 | (8) | 7 | 1 |
| EPS, as reported (₹) | 0.34 | 0.71 | (1.19) | (0.47) | 0.08 |
| ROE % · ROCE % | 0.8 · 4.6 | 1.6 · 5.4 | (2.8) · 2.4 | (0.4) · 3.4 | 0.1 · 1.6 |
| Debt / equity (x) | 0.04 | 0.12 | 0.13 | 0.01 | 0.16 |
| Cash from operations | 27 | 12 | 46 | (41) | (51) |
| Capex | (2) | (6) | (27) | (348) | (168) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 59 | 108 | 121 | 113 | 137 | 136 | 185 | 149 |
| Profit before tax | (22) | 42 | 4 | (9) | 6 | (3) | 11 | (2) |
| Net profit | (37) | 42 | (4) | (11) | 4 | (4) | 7 | (1) |
| EPS (₹) | (5.65) | 6.42 | (0.52) | (1.25) | 0.51 | (0.45) | 0.83 | (0.10) |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Extrusion Machinery Division | 132 | 22.9 |
| Injection Moulding Machinery | 253 | 44.0 |
| CNC & VMC Machinery## | 102 | 17.8 |
| CNC & VMC Machinery ## | 44 | 7.7 |
| CNC & VMC Machinery | 44 | 7.6 |
| Total, before eliminations | 575 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Newspaper ad filed for 63rd AGM notice and e-voting information | compliance | minimal | — | — |
| 2 Sept 2026 · 63rd AGM on Sep 29, 2026; Book Closure Sep 23-29 | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Annual Report FY26 and 63rd AGM Notice filed | board shareholder meetings | medium | — | — |
| 2 Sept 2026 · Windsor Machines 63rd AGM on Sep 29, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Windsor Machines announces 63rd AGM via video conferencing on Sep 30 | compliance | minimal | — | — |
| 19 Aug 2026 · Company clarifies volume surge, says no undisclosed info | regulatory legal | medium | — | — |
| 19 Aug 2026 · BSE seeks clarification from Windsor Machines on volume movement | regulatory legal | high | — | — |
| 18 Aug 2026 · Windsor Machines says volume spurt is market driven, no hidden info | regulatory legal | medium | — | — |
| 18 Aug 2026 · NSE seeks clarification on unusual trading volume | regulatory legal | high | — | — |
| 14 Aug 2026 · SAST disclosure by Vinit Bediya under Reg 29(1) | ownership changes | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| ADITYA INFOTECH LIMITED |
| 45,150 |
| 93.8 |
| 24.06 |
| 77.9 |
| 19.6 |
| 24.5 |
| — |
| 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 30,717 | 82.8 | 10.02 | 53.5 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 30,536 | 55.7 | 6.84 | — | 11.8 | 15.5 | — | 18.2 |
| KAYNES TECHNOLOGY IND LTD | 23,496 | 67.9 | 4.93 | 33.3 | 7.6 | 9.8 | — | 17.1 |
| JYOTI CNC AUTOMATION LTD | 22,490 | 69.9 | 11.24 | 39.7 | 16.8 | 19.2 | — | 22.2 |
| LMW LIMITED | 19,058 | 109.1 | 6.65 | 61.8 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 12,982 | 455.9 | 3.81 | 38.8 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 12,285 | 48.3 | 7.30 | 50.1 | 11.7 | 11.5 | — | 15.0 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 379.9 | 26.9 | 135 of 138 | 2% |
| P/B | 6.2 | 3.5 | 80 of 111 | 28% |
| ROCE | 0.8 | 11.3 | 127 of 144 | 12% |
| ROE | 0.1 | 9.5 | 106 of 117 | 10% |
| Debt / Equity | 0.2 | 0.2 | 63 of 117 | 47% |
| EBITDA margin | 4.6 | 12.4 | 92 of 110 | 17% |
| Revenue growth | 31.4 | 20.6 | 35 of 114 | 70% |
| Profit growth | 91.4 | 17.1 | 32 of 109 | 71% |
| Market cap | 3053 | 356 | 24 of 140 | 84% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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