Synopsis:
WPIL’s South African subsidiary secured an 821 million Rand (Rs. 426 crore) MCWAP2 challenge contract, boosting its worldwide portfolio, strengthening its African presence, and offering long-term income visibility over 48 months.
This Water administration inventory, engaged in designing, growing, manufacturing, erecting, commissioning, and servicing pumps and pumping programs, offering fluid dealing with options and turnkey water initiatives globally, jumped 9.33 p.c after securing Rs. 426 crore order for electro-mechanical and instrumentation work from the South African Govt Water Infra company
With a market capitalization of Rs. 4,038.69 crores, the share of WPIL Restricted has reached an intraday excessive of Rs. 422.90 per fairness share, rising practically 9.33 p.c from its earlier day’s shut worth of Rs. 386.80. Since then, the inventory has retreated and is presently buying and selling at Rs. 413.50 per fairness share.
What’s the information?
WPIL introduced that its South African subsidiary has gained a brand new contract from METSI KE MATLA JV for the MCWAP2 Venture, run by the Trans Caledon Tunnel Authority. The contract is price 821 million Rand, which is about Rs. 426 crore. It covers full electromechanical and instrumentation work and is a vital addition to the corporate’s worldwide challenge portfolio.
The challenge is predicted to be accomplished inside 48 months, giving WPIL long-term income visibility. This win additional strengthens WPIL’s presence within the African market and helps its international development plans.
Order E-book
WPIL has a robust consolidated order e-book of Rs. 4,131.5 crore, reflecting wholesome demand throughout each challenge and product segments. The challenge order backlog stands at Rs. 3,054 crore, with Rs. 2,134 crore from the home market and Rs. 920 crore from worldwide operations, displaying a strong pipeline for long-term execution.
The product order backlog provides one other Rs. 1,077.5 crore, consisting of Rs. 422 crore home and Rs. 655.5 crore worldwide orders. This balanced mixture of home and international orders highlights WPIL’s robust market presence and ongoing development momentum.
Firm Overview
WPIL Restricted was included in 1952 and previously generally known as Worthington Pump India Ltd, is a multi-national firm headquartered in Kolkata, India, specializing within the design, improvement, manufacturing, erection, commissioning, and servicing of engineered pumps and pumping programs.
Initially targeted on centrifugal pumps, WPIL constructed a robust manufacturing infrastructure and a big put in base throughout industries like irrigation, water provide, and energy. The corporate expanded into turnkey water initiatives by including civil building capabilities, establishing a presence all through India earlier than increasing globally to Europe, Africa, Australia, and Southeast Asia.
Additional, WPIL operates 12 manufacturing places overlaying all sides of pump manufacturing, meeting, and testing. Its product vary contains vertical turbine pumps, axial circulation pumps, cut up case pumps, submersible pumps, and motor pumps, serving various sectors.
Current quarter outcomes
Coming into monetary highlights, WPIL Restricted’s income has decreased from Rs. 491 crore in Q2FY25 to Rs. 426 crore in Q2 FY26, which is a drop of 13.24 p.c. The web revenue has additionally decreased by 25.71 p.c from Rs. 70 crore in Q2 FY25 to Rs. 52 crore in Q2 FY26. WPIL Restricted’s income and internet revenue have grown at a CAGR of 14.73 p.c and 18.65 p.c, respectively, during the last 5 years.
When it comes to return ratios, the corporate’s ROCE and ROE stand at 15.6 p.c and 10 p.c, respectively. WPIL Restricted has an earnings per share (EPS) of Rs. 9.88, and its debt-to-equity ratio is 0.39x.
Written By – Nikhil Naik
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