WEL
Wonder Electricals share price & financials
- Price
- ₹94.37
- Market cap
- ₹969 Cr
- Sector
- Consumer Durables
What Wonder Electricals Limited does
Wonder Electricals is a pure-play OEM/ODM manufacturer of ceiling, exhaust, pedestal, TPW and BLDC fans, plus small appliances such as heaters and kettles, built and supplied under its clients' own brand names rather than a house brand. It runs three fan-manufacturing plants and two captive component facilities across Roorkee, Haridwar and Hyderabad, with in-house blade fabrication, stator winding/varnishing, machining, and powder-coating/painting. The company designs and engineers products for more than 10 major Indian electrical brands and also exports to the Gulf and neighbouring countries, earning through contract manufacturing rather than its own retail distribution.
Segments
- Fans
- Appliances
- Installed manufacturing capacity
- 12 million fan units per annum
- Manufacturing plants
- 3 (Roorkee and Haridwar, Uttarakhand; Hyderabad, Telangana)
- Total manufacturing area
- 3+ lakh sq ft across the three plants
- Peak daily production capacity
- 40,000 fans per day
- FY25 fans sold
- 86 lakh units
- Manufacturing integration
- 3 fan-assembly units plus 2 captive component facilities (in-house blade fabrication, stator winding/varnishing, machining, powder coating and painting)
Quarterly results
Q1 FY27: revenue up 51.0%, net profit up 264.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 130 | 222 | 312 | 155 | 95 −27% | 153 −31% | 252 −19% | 234 +51% |
| EBITDA | 4 | 12 | 17 | 5 | 4 +23% | 5 −57% | 14 −20% | 9 +78% |
| Net profit | 1 | 5 | 12 | 1 | 0 −49% | 1 −89% | 7 −38% | 4 +264% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −46.0% 1Y
1Y: ₹133.84 on 10 Sept 2025 → ₹72.34. High ₹179.74 (1 Dec 2025), low ₹69.39 (8 Sept 2026).
Financials, as filed
Revenue grew 17.6% a year over 3 years, FY23 to FY26. Operating margin held at 4.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹403 Cr | ₹570 Cr | ₹895 Cr | ₹655 Cr |
| Operating profit | ₹17 Cr | ₹25 Cr | ₹39 Cr | ₹28 Cr |
| Operating margin | 4.2% | 4.3% | 4.3% | 4.3% |
| Interest | ₹3 Cr | ₹4 Cr | ₹7 Cr | ₹9 Cr |
| Depreciation | ₹5 Cr | ₹6 Cr | ₹7 Cr | ₹8 Cr |
| Net profit | ₹6 Cr | ₹10 Cr | ₹19 Cr | ₹9 Cr |
| Net margin | 1.6% | 1.8% | 2.1% | 1.4% |
| Cash from operations | ₹2 Cr | ₹-17 Cr | ₹-22 Cr | ₹25 Cr |
| Free cash flow | ₹-3 Cr | ₹-23 Cr | ₹-35 Cr | ₹19 Cr |
| ROCE | 15.0% | 16.0% | 18.0% | 10.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹13 Cr | ₹13 Cr | ₹13 Cr | ₹29 Cr | ₹29 Cr |
| Reserves | ₹39 Cr | ₹40 Cr | ₹46 Cr | ₹55 Cr | ₹71 Cr | ₹75 Cr |
| Borrowings | ₹10 Cr | ₹22 Cr | ₹25 Cr | ₹85 Cr | ₹92 Cr | ₹112 Cr |
| Other liabilities | ₹140 Cr | ₹150 Cr | ₹148 Cr | ₹200 Cr | ₹110 Cr | ₹197 Cr |
| Total liabilities | ₹197 Cr | ₹225 Cr | ₹233 Cr | ₹352 Cr | ₹303 Cr | ₹413 Cr |
| Fixed assets | ₹34 Cr | ₹34 Cr | ₹34 Cr | ₹55 Cr | ₹61 Cr | ₹59 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹163 Cr | ₹191 Cr | ₹199 Cr | ₹298 Cr | ₹242 Cr | ₹354 Cr |
| Total assets | ₹197 Cr | ₹225 Cr | ₹233 Cr | ₹352 Cr | ₹303 Cr | ₹413 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, FIIs added +2.00 pp while the public trimmed −1.99 pp. The shareholder count grew 29% to 14,303.
- Promoters
- 71.8%
- FIIs
- 11.0%
- Public
- 17.2%
Since Jun 2025
- FIIs +2.00 pp
- Public −1.99 pp
- Promoters 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 71.8%, FIIs 10.9%, Public 17.3%.Dec '23: Promoters 71.8%, FIIs 11.1%, Public 17.1%.Mar '24: Promoters 71.8%, FIIs 11.1%, Public 17.1%.Jun '24: Promoters 71.8%, FIIs 10.9%, Public 17.3%.Sep '24: Promoters 71.8%, FIIs 9.1%, Public 19.1%.Dec '24: Promoters 71.8%, FIIs 8.9%, Public 19.3%.Mar '25: Promoters 71.8%, FIIs 9.0%, DIIs 0.1%, Public 19.1%.Jun '25: Promoters 71.8%, FIIs 9.0%, Public 19.2%.Sep '25: Promoters 71.8%, FIIs 9.3%, Public 18.9%.Dec '25: Promoters 71.8%, FIIs 9.5%, Public 18.7%.Mar '26: Promoters 71.8%, FIIs 10.0%, Public 18.2%.Jun '26: Promoters 71.8%, FIIs 11.0%, Public 17.2%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Nexus Global Opportunities Fund FPI fund newly disclosed 2.34% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Wonder Electricals Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jatin Anand | 12.18% | unchanged |
| Yogesh Anand | 11.79% | unchanged |
| Harsh Kumar Anand | 11.68% | unchanged |
| Bhaijee Broking & Investments Private Limited | 8.51% | −0.14 pp |
| Unico Global Opportunities Fund Limited FPI fund | 7.48% | unchanged |
| Siddhant Sahni | 7.35% | unchanged |
| Yogesh Sahni | 7.02% | unchanged |
| Karan Anand | 6.12% | unchanged |
| Rohit Anand | 6.12% | unchanged |
| Neerja Sahni | 5.87% | unchanged |
| Samarth Sahni | 3.66% | unchanged |
| Nexus Global Opportunities Fund FPI fund | 2.34% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Wonder Electricals Limited
Guides on how to read this kind of business and the numbers that matter.