W S Industries (India)'s Q1 FY 2025-26 Quarterly Results

Result Summary

• W S Industries (India) Ltd reported a 70.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 63.0%.
• Its expenses for the quarter were down by 69.5% QoQ and 61.8% YoY.
• The net profit decreased 91.8% QoQ and decreased 63.2% YoY.
• The earnings per share (EPS) of W S Industries (India) Ltd stood at 0.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

W S Industries (India) Ltd is a company engaged in the manufacturing and supply of electrical insulators and related products. The company primarily operates in the electrical equipment industry, which includes the production and distribution of high-quality insulators used in power transmission and distribution systems. Recent major developments for the company are not available at this time, and thus any new strategic initiatives or product launches remain unspecified. The company has been a part of the electrical manufacturing sector for an extended period, contributing to infrastructure development through its specialized offerings.

Revenue

For the first quarter of FY26, W S Industries (India) Ltd reported a total income of ₹26.81 crores. This marks a significant decline of 70.6% from the previous quarter (Q4FY25), where the total income was ₹91.06 crores. Similarly, when compared year-over-year (YoY) to Q1FY25, the total income fell by 63.0% from ₹72.38 crores. This substantial decrease in revenue over both the quarterly and yearly periods highlights a notable contraction in the company's income streams during the first quarter of FY26.

Profitability

In Q1FY26, the company recorded a Profit Before Tax (PBT) of ₹1.78 crores, representing a decrease of 70.5% from the previous quarter's PBT of ₹6.03 crores, and a 70.1% decline from the ₹5.95 crores reported in Q1FY25. The Profit After Tax (PAT) for Q1FY26 stands at ₹1.36 crores, which is a 91.8% decrease compared to the ₹16.64 crores in Q4FY25 and a 63.2% drop from ₹3.70 crores in Q1FY25. The company's Earnings Per Share (EPS) also decreased significantly, from ₹3.20 in Q4FY25 to ₹0.20 in Q1FY26, and from ₹0.60 in Q1FY25, reflecting a YoY drop of 66.7%. The taxation line item exhibited an unusual figure in Q4FY25, with a negative ₹10.61 crores, contrasting with a positive tax expense in the other periods.

Operating Metrics

Total expenses for W S Industries (India) Ltd in Q1FY26 were ₹25.35 crores, which decreased by 69.5% from ₹83.14 crores in Q4FY25 and by 61.8% from ₹66.43 crores in Q1FY25. The significant reduction in expenses aligns with the overall revenue decline, although the percentage decrease in expenses slightly trails the decline in revenue. The operating margin, calculated as the difference between total income and total expenses, also saw a contraction due to these changes. The financial metrics suggest a challenging quarter for the company, with significant decreases across key revenue and profitability indicators.