WSI

W S Industries (I) financials

Market cap
₹447 Cr
Sector
Construction

What W S Industries (I) Limited does

Originally incorporated with manufacturing as its main object, W S Industries (India) Limited has, under its post-2022 management, diversified into infrastructure development, EPC contracting and IT/ITES-enabled services as its principal line of business. It executes public-sector works such as an integrated bus terminal and multi-utility facility centre, a rural water-supply scheme under the Jal Jeevan Mission, and a rail-over bridge. The company has also acquired a large land parcel near Chennai to develop an industrial park, and has entered a joint venture with the Prestige Group to develop an IT/ITES park on an adjoining site.

Segments

  • Infrastructure Development / EPC
  • Industrial Park Development
  • IT/ITES Park (JV with Prestige Group)
Land bank for industrial park
300 acres (Sunguvarchatiram, Tamil Nadu)
JV land parcel for IT/ITES park
6.53 acres (Mount Poonamallee Road, Porur, Chennai)
Active infrastructure projects under execution
3
Founded 1961Headquarters Chennai, Tamil Nadu Company website

Quarterly results

Q1 FY27: revenue down 98.3%, net profit up 31.6% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue62 66 40 26 24 −61%21 −69%21 −47%0 −98%
EBITDA6 -2 -0 3 2 −61%-0 +89%4 +1078%-3 −178%
Net profit4 -24 -2 1 0 −93%-2 +91%3 +257%2 +32%
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 −19.1% 1Y

₹60.0₹70.0₹80.0₹90.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹76.55 on 10 Sept 2025 → ₹61.92. High ₹92.65 (7 Jan 2026), low ₹56.93 (11 Aug 2026).

Financials, as filed

Revenue grew 4.7% a year over 3 years, FY23 to FY26. Operating margin widened to 9.9%.

Year endingFY23FY24FY25FY26
Revenue₹80 Cr₹326 Cr₹239 Cr₹92 Cr
Operating profit₹-0 Cr₹41 Cr₹11 Cr₹9 Cr
Operating margin0.0%12.6%4.5%9.9%
Interest₹4 Cr₹6 Cr₹8 Cr₹9 Cr
Depreciation₹0 Cr₹1 Cr₹2 Cr₹2 Cr
Net profit₹20 Cr₹47 Cr₹-18 Cr₹2 Cr
Net margin24.6%14.4%-7.4%2.4%
Cash from operations₹-105 Cr₹113 Cr₹-83 Cr₹-6 Cr
Free cash flow₹-103 Cr₹-14 Cr₹-91 Cr₹-94 Cr
ROCE1.2%25.2%5.3%3.1%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹26 Cr₹26 Cr₹42 Cr₹50 Cr₹64 Cr₹76 Cr
Reserves₹-120 Cr₹-49 Cr₹23 Cr₹87 Cr₹142 Cr₹319 Cr
Borrowings₹128 Cr₹87 Cr₹64 Cr₹74 Cr₹90 Cr₹69 Cr
Other liabilities₹38 Cr₹17 Cr₹110 Cr₹138 Cr₹111 Cr₹77 Cr
Total liabilities₹73 Cr₹82 Cr₹239 Cr₹349 Cr₹407 Cr₹540 Cr
Fixed assets₹0 Cr₹0 Cr₹25 Cr₹151 Cr₹194 Cr₹207 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹1 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹73 Cr₹82 Cr₹215 Cr₹198 Cr₹213 Cr₹332 Cr
Total assets₹73 Cr₹82 Cr₹239 Cr₹349 Cr₹407 Cr₹540 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 +12.45 pp while promoters trimmed −9.14 pp. The shareholder count shrank 9% to 17,906.

Promoters
51.7%
FIIs
13.5%
DIIs
0.1%
Public
34.7%

Since Jun 2025

  • FIIs +12.45 pp
  • Promoters −9.14 pp
  • Public −3.26 pp

How it drifted, 12 quarters

Over this window FIIs went from 0.0% to 13.5% — +13.5 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 57.7%, DIIs 0.1%, Public 42.2%.Dec '23: Promoters 57.6%, DIIs 0.1%, Public 42.2%.Mar '24: Promoters 58.5%, FIIs 0.0%, DIIs 0.1%, Public 41.3%.Jun '24: Promoters 62.9%, DIIs 0.1%, Public 37.0%.Sep '24: Promoters 60.4%, FIIs 1.1%, DIIs 0.1%, Public 38.5%.Dec '24: Promoters 60.4%, FIIs 1.1%, DIIs 0.1%, Public 38.4%.Mar '25: Promoters 60.7%, FIIs 1.1%, DIIs 0.1%, Public 38.1%.Jun '25: Promoters 60.8%, FIIs 1.1%, DIIs 0.1%, Public 38.0%.Sep '25: Promoters 61.1%, FIIs 1.0%, DIIs 0.1%, Public 37.8%.Dec '25: Promoters 59.4%, FIIs 0.8%, DIIs 0.1%, Public 39.8%.Mar '26: Promoters 51.6%, FIIs 13.7%, DIIs 0.1%, Public 34.6%.Jun '26: Promoters 51.7%, FIIs 13.5%, DIIs 0.1%, Public 34.7%.

Who was buying across the market this quarter →

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.

The same filing shows 0 holders 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 W S Industries (I) Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Seyyadurai Nagarajan 11.74%unchanged
Trineva Infra Projects Private Limited 11.74%unchanged
Vikasa India Eif I Fund FPI fund6.59%unchanged
M7 Global Fund Pcc - Cell Dewcap Fund FPI fund6.51%unchanged
Sathiyamoorthy Anandavadivel 6.09%unchanged
Aravindan 6.09%unchanged
Chinniampalayam Kulandaisamy Venkatachalam 6.00%unchanged
Chinniampalayam Kulandaisamy Balasubramaniam 5.78%unchanged
Prakash K V 2.83%unchanged
Sri Meenakshi Ammal Enterprises Private Limited 1.98%unchanged
Mamatha P 1.31%unchanged
Hitesh Ramji Javeri 1.19%unchanged

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 W S Industries (I) Limited

Guides on how to read this kind of business and the numbers that matter.