Walchandnagar Industries Ltd — Earnings Release 2026

May 21, 2026

WALCHANDNAGAR INDUSTRIES LIMITED
Walchandnagar: 413 114, Dist Pune, Maharashtra, India
Tel: 02118-307100 / 252 235 Fax: 02118-252 358
Website: www.walchand.com Email: wil@walchand.com

Ref. No.: WIL: SEC: 2026
Date: May 21, 2026

National Stock Exchange of India Ltd.
Exchange Plaza, 5th floor,
Plot No. C/1, G Block,
Bandra Kurla Complex, Bandra (East)
Mumbai 400 051.
Fax: 26598237/38, 66418126/25/24
SCRIP CODE: WALCHANNAG

BSE Ltd.
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai 400 001.
Fax: 22723121/2039/2037
SCRIP CODE: 507410

Dear Sir(s),

Sub: Press Release on the Audited (Reviewed) Financial Results and updates for the Quarter and Year ended on March 31, 2026

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a copy of Press Release titled "Walchandnagar Industries Limited Press Release – Results and updates for the quarter and year ended March 31, 2026" is annexed with this letter.

A copy of the said Press Release is also being uploaded on the website of the Company www.walchand.com.

We request you to kindly take the same on record.

Thanking you,

Yours faithfully,

For Walchandnagar Industries Ltd.

GRIRAJ
SHARAN
AGRAWAL

G. S. Agrawal
Whole Time Director & Company Secretary
DIN: 00404340

Encl: As above

REGD OFFICE: Siddharth Towers (Tower No. 1), S. No. 12/3-B, Office 908 to 910, Kothrud, Pune- 411 038, Maharashtra, India
Tel: 020-25438585 Fax: 020-25438585 CIN: L74999PN1908PLC255621

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Walchandnagar Industries Ltd

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WALCHANDNAGAR

Press Release

RESULTS AND UPDATES FOR THE YEAR ENDED 31st MARCH, 2026

Walchandnagar Industries Limited delivers landmark financial turnaround; EBITDA surges to ₹3548 Lakhs from loss of ₹3561 Lakhs. Strategic transformation, operational discipline and strong positioning in Defence, Nuclear and Aerospace drive a defining inflection point

Mumbai, India — May 20, 2026: Walchandnagar Industries Limited today announced a landmark financial turnaround for FY 2025–26, signalling the beginning of a new era of growth, profitability, and strategic relevance for the Company.

The Company reported a positive EBITDA of ₹3548 Lakhs for FY 2025–26, compared to a negative EBITDA of ₹3561 Lakhs in FY 2024–25.

Summary of the revenue & profitability for FY 2025–26 as compared to previous financial year is tabulated below:

(All figures in INR Lakhs)

Particulars	FY 2025-26	FY 2024-25
Total Income	29,626	29,484
EBIDTA	3,548	(3,561)
PBT (Before Exceptional Items)	(1,399)	(9,015)
Profit / (Loss) After Tax (PAT)	(1,468)	(8,603)

More importantly, the PBT before exceptional items losses reducing sharply from INR 9,015- Lakhs in FY 2024–25 to INR 1,399 Lakhs in FY 2025–26.

This transformation was achieved while maintaining stable revenues, underscoring the strength of the Company's restructuring initiatives, execution discipline, and renewed focus on high-value strategic sectors critical to India's long-term growth story.

A New Strategic Identity

With decades of engineering heritage and long-standing participation in strategic national programs involving organizations such as DRDO, NPCIL, BARC and ISRO, the Company believes it is entering a phase where its capabilities are increasingly aligned with India's long-term strategic priorities.

Commenting on the performance, the Company's MD & CEO Chirag Doshi stated:

"FY 2025–26 marks a defining inflection point in our journey. The turnaround is not merely financial but it reflects a deeper strategic transformation of the Company into a focused, future-ready engineering enterprise serving sectors of national importance.

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We have strengthened our operational foundation, and improved execution discipline. The momentum built over the past year gives us confidence that the Company has entered a fundamentally new phase of growth and value creation."

Looking Ahead

With a strengthened balance sheet trajectory, improving operational metrics, and growing participation in high-entry-barrier sectors, the Company believes it is now positioned to capitalize on a multi-decade investment cycle unfolding across defence manufacturing, nuclear energy, and aerospace systems.

As India advances toward becoming a globally significant industrial and strategic power, the Company intends to play an increasingly important role as a trusted engineering and manufacturing partner to the nation's most critical programs.

For more information write to: investors@walchand.com

Disclaimer:

Certain statements in this release concerning our future growth prospects are forward-looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fiscal policy, competition, inflationary pressures and general economic conditions affecting our industry. The Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.