Document Overview

Financial Results (Consolidated)

Income Statement (₹ in lakhs)

Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹50,053.51
  • Other Income: ₹1,190.91
  • Total Income: ₹51,244.42

Expenses:

  • Cost of Materials and components consumed: ₹13,173.20
  • Changes in inventories: (₹2,240.13)
  • Contract Execution Cost: ₹17,600.54
  • Employee Benefits Expense: ₹7,860.21
  • Other Expenses: ₹6,129.76
  • Finance Costs: ₹851.91
  • Depreciation and amortisation: ₹1,063.91
  • Total Expenses: ₹44,439.40

Profit Metrics:

  • Profit before Tax and share of profit/(loss): ₹6,805.02
  • Share of profit/(loss) of associates and joint venture: ₹1,124.62
  • Profit before Tax: ₹7,929.64

Tax Expenses:

  • Current tax: ₹2,083.30
  • Deferred tax expense/(credit): (₹56.93)
  • Total Tax: ₹2,026.37

Net Profit:

  • Profit after Tax from continuing operations: ₹5,903.27
  • Net Profit/(Loss) after tax from discontinued operation: (₹2.29)
  • Net Profit after tax: ₹5,900.98

Comprehensive Income:

  • Other Comprehensive income/(loss): ₹913.77
  • Total Comprehensive Income: ₹6,814.75

Attribution:

  • Profit attributable to Equityholders of the Parent: ₹3,388.86
  • Profit attributable to Non-Controlling interests: ₹2,512.12
  • Total Comprehensive Income attributable to Equityholders: ₹3,784.38
  • Total Comprehensive Income attributable to Non-Controlling interests: ₹3,030.37

Capital Structure

  • Paid Up Equity Share Capital: ₹976.71 lakhs (Face value ₹1 per share)
  • Basic and Diluted EPS from continuing operations: ₹3.47
  • Basic and Diluted EPS from discontinued operation: ₹(0.00)
  • Basic and Diluted EPS total: ₹3.47

Comparative Performance

Vs. Previous Quarter (March 31, 2026):

  • Revenue decreased from ₹51,124.48 lakhs to ₹50,053.51 lakhs
  • Net Profit increased from ₹4,652.80 lakhs to ₹5,900.98 lakhs
  • EPS increased from ₹4.14 to ₹3.47

Vs. Year-Ago Quarter (June 30, 2025):

  • Revenue increased from ₹37,858.38 lakhs to ₹50,053.51 lakhs
  • Net Profit increased from ₹2,574.21 lakhs to ₹5,900.98 lakhs
  • EPS increased from ₹2.29 to ₹3.47

Segment Analysis

Operating Segments: Pumps and Accessories; Projects (Works Contract)

Quarter Ended June 30, 2026:

  • Pumps and Accessories Revenue: ₹24,014.07 lakhs
  • Projects Revenue: ₹26,039.44 lakhs
  • Total Segment Revenue: ₹50,053.51 lakhs

Segment Results:

  • Pumps and Accessories: ₹7,547.21 lakhs
  • Projects: ₹1,901.52 lakhs
  • Total Segment Results: ₹9,448.73 lakhs

Geographical Revenue:

  • India: ₹11,240.23 lakhs
  • Rest of World: ₹38,813.28 lakhs

Entity Structure

The consolidated financial results include:

  • WPIL Limited (Parent)
  • 14 subsidiaries (including 13 step-down subsidiaries)
  • 2 associates
  • 1 joint venture
  • 5 joint operations

Key subsidiaries include Aturia International Pte Limited, Sterling Pumps Pty Limited, WPIL SA Holdings Pty Limited, and Gruppo Aturia S.p.A.

Auditor Review

Salarpuria & Partners, Chartered Accountants (ICAI Regn. No.302113E) issued limited review reports for both consolidated and standalone results. The review identified several entities whose results were reviewed by other auditors or certified by management, including:

  • 5 joint operations with nil revenue and profit
  • 1 direct subsidiary, 4 subsidiaries of Aturia International, 1 subsidiary of Sterling Pumps, 1 subsidiary of Gruppo Aturia, 3 subsidiaries of WPIL SA Holdings, 2 subsidiaries of Paterson Candy International, and 1 subsidiary of APE Pumps with total revenues of ₹39,487.00 lakhs
  • 1 associate and 1 joint venture with net profit/(loss) of ₹546.12 lakhs

Material Developments

The company received a letter from Madhya Pradesh Jal Nigam alleging delay in completion of prescribed contractual milestones on certain ongoing contracts, consequently debarring the company from participating in future tenders, bids, and procurement processes until completion and commissioning of said contracts or for three years, whichever is earlier. Management assessment indicates no impact on existing financial or operational activities.

Standalone Results Summary

Quarter Ended June 30, 2026:

  • Revenue from Operations: ₹11,466.18 lakhs
  • Other Income: ₹313.09 lakhs
  • Total Income: ₹11,779.27 lakhs
  • Total Expenses: ₹10,905.46 lakhs
  • Profit Before Tax: ₹873.81 lakhs
  • Net Profit: ₹619.70 lakhs
  • Basic and Diluted EPS: ₹0.63