Windlas Biotech Limited
NSE: WINDLAS · Unclassified
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Instant answers about Windlas Biotech Limited — computed from its filings, no language modelPrice & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | 465.9 | 513.1 | 631.0 | 759.9 | 904.1 |
| EBITDA | 52.4 | 60.2 | 78.2 | 94.1 | 104.7 |
| Operating margin | 11.3% | 11.7% | 12.4% | 12.4% | 11.6% |
| Interest | 1.4 | 0.8 | 1.1 | 4.4 | 4.8 |
| Depreciation | 12.2 | 12.4 | 13.4 | 28.0 | 30.7 |
| Profit before tax | 45.6 | 57.0 | 77.1 | 79.8 | 87.0 |
| Tax | 7.5 | 14.4 | 18.9 | 18.8 | 20.5 |
| Net profit | 37.9 | 42.6 | 0.0 | 0.0 | 66.5 |
| EPS ₹ | 18.80 | 19.70 | 27.97 | 29.19 | 31.60 |
| Operating cash flow | 9.1 | 61.0 | 109.0 | 68.2 | 104.9 |
| Capex | 14.8 | 70.9 | 37.7 | 52.2 | 67.7 |
| Dividend paid | 0.0 | 7.6 | 8.3 | 11.5 | 12.2 |
| Total assets | — | 529.0 | 626.2 | 760.5 | 907.4 |
| Equity | — | 402.3 | 449.9 | 505.8 | 580.8 |
Quarterly performance
last 20 quarters · ₹ crore| JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 111.0 | 115.2 | 117.6 | 122.1 | 119.9 | 132.7 | 119.7 | 140.7 | 144.8 | 152.7 | 162.2 | 171.3 | 175.2 | 187.0 | 195.0 | 202.7 | 210.1 | 222.4 | 233.1 | 238.5 |
| Operating profit | 12.4 | 13.2 | 13.0 | 13.8 | 13.8 | 16.1 | 13.9 | 16.4 | 17.1 | 18.7 | 20.3 | 22.0 | 20.9 | 23.1 | 24.6 | 25.6 | 26.5 | 28.6 | 24.4 | 25.3 |
| Operating margin | 11.2% | 11.4% | 11.1% | 11.3% | 11.5% | 12.1% | 11.7% | 11.7% | 11.8% | 12.2% | 12.5% | 12.8% | 11.9% | 12.3% | 12.6% | 12.6% | 12.6% | 12.8% | 10.5% | 10.6% |
| Other income | 0.7 | 1.2 | 1.8 | 3.0 | 2.9 | 2.6 | 2.2 | 2.3 | 2.6 | 3.2 | 3.2 | 4.4 | 4.1 | 4.8 | 4.1 | 4.9 | 5.2 | 3.6 | 4.6 | 4.3 |
| Interest | 0.5 | 0.4 | 0.2 | 0.3 | 0.3 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.5 | 1.1 | 1.5 | 1.3 | 1.1 | 1.0 | 1.3 | 1.5 |
| Depreciation | 3.0 | 3.1 | 3.1 | 2.9 | 2.8 | 2.9 | 3.1 | 3.6 | 3.2 | 3.3 | 3.4 | 3.5 | 6.2 | 6.5 | 6.9 | 8.3 | 7.5 | 7.6 | 7.7 | 8.0 |
| Profit before tax | 9.6 | 10.9 | 11.5 | 13.7 | 13.5 | 15.6 | 12.8 | 15.0 | 16.3 | 18.3 | 19.8 | 22.6 | 18.3 | 20.3 | 20.3 | 20.8 | 23.3 | 23.6 | 20.0 | 20.2 |
| Tax | 2.9 | 2.6 | 3.2 | -1.1 | 3.7 | 3.4 | 3.6 | 3.6 | 4.3 | 4.3 | 4.7 | 5.6 | 4.8 | 4.6 | 4.8 | 4.5 | 5.6 | 5.8 | 5.0 | 4.2 |
| Net profit | 6.4 | 8.3 | 8.4 | 14.9 | 9.8 | 12.2 | 0.0 | 11.4 | 12.1 | 14.0 | 15.1 | 0.0 | 13.5 | 0.0 | 0.0 | 0.0 | 0.0 | 17.8 | 0.0 | 16.0 |
| EPS ₹ | 3.67 | 4.11 | 3.81 | 6.97 | 4.50 | 5.59 | 4.23 | 5.37 | 5.79 | 6.75 | 7.26 | 8.17 | 6.47 | 7.49 | 7.45 | 7.77 | 8.43 | 8.48 | 7.12 | 7.58 |
| Revenue YoY | — | — | — | — | 8.1% | 15.2% | 1.8% | 15.2% | 20.7% | 15.0% | 35.5% | 21.7% | 21.0% | 22.5% | 20.2% | 18.4% | 19.9% | 18.9% | 19.5% | 17.7% |
| Profit YoY | — | — | — | — | 53.8% | 46.9% | -100.0% | -23.1% | 23.1% | 15.1% | — | -100.0% | 11.8% | -100.0% | -100.0% | — | -100.0% | — | — | — |
Returns & margins
trailing-twelve-month, per quarter| MAR '22 | JUN '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | 11.1% | 9.0% | 8.3% | 8.9% | 9.0% | 12.6% | 9.2% | 9.5% | 6.1% | 2.9% | 2.7% | 0.0% | 3.3% | 3.3% | 5.8% |
| ROCE | — | — | 13.5% | 13.8% | 14.4% | 15.0% | 15.1% | 16.8% | 17.4% | 17.9% | 17.1% | 17.5% | 15.8% | 16.8% | 16.6% | 16.5% | 15.0% |
| Net margin | 8.1% | 8.7% | 9.2% | 7.5% | 6.5% | 6.6% | 6.7% | 8.8% | 6.5% | 6.4% | 4.1% | 1.9% | 1.8% | 0.0% | 2.1% | 2.0% | 3.7% |
| EBITDA margin | 11.2% | 11.3% | 11.5% | 11.7% | 11.7% | 11.8% | 11.9% | 12.1% | 12.4% | 12.4% | 12.4% | 12.4% | 12.4% | 12.6% | 12.7% | 12.1% | 11.6% |
| Debt / equity | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.03 | 0.03 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| Interest coverage | 33.09 | 39.40 | 56.99 | 61.49 | 72.29 | 87.71 | 74.54 | 71.20 | 71.08 | 59.56 | 38.35 | 25.50 | 19.21 | 18.11 | 19.07 | 19.69 | 18.97 |
| Asset turnover | — | — | 0.95 | 0.95 | 0.97 | 1.02 | 0.98 | 1.05 | 1.01 | 1.06 | 0.93 | 0.98 | 1.00 | 1.05 | 1.02 | 1.07 | 1.00 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | |
|---|---|---|---|---|---|---|---|---|
| Share capital | 10.9 | 10.5 | 10.4 | 10.4 | 10.4 | 10.5 | 10.5 | 10.6 |
| Other equity / reserves | 397.4 | 391.8 | 405.8 | 439.5 | 460.8 | 495.3 | 523.5 | 570.3 |
| Total equity | 408.3 | 402.3 | 416.2 | 449.9 | 471.2 | 505.8 | 534.1 | 580.8 |
| Borrowings | 0.6 | 0.4 | 2.2 | 0.1 | 15.2 | 27.1 | 25.9 | 29.9 |
| Current liabilities | 106.7 | 121.2 | 148.7 | 171.8 | 270.9 | 249.4 | 273.3 | 320.9 |
| Non-current liabilities | 3.2 | 5.5 | 5.1 | 4.5 | 4.8 | 5.2 | 6.8 | 5.6 |
| Total assets | 518.2 | 529.0 | 570.0 | 626.2 | 746.9 | 760.5 | 814.2 | 907.4 |
| Property, plant & equipment | 85.0 | 102.6 | 99.6 | 169.5 | 161.5 | 195.5 | 187.5 | 187.2 |
| Capital work-in-progress | 13.6 | 13.8 | 57.0 | 5.7 | 31.5 | 3.2 | 24.2 | 56.2 |
| Investments | 78.9 | 106.5 | 141.2 | 173.4 | 181.6 | 223.4 | 245.6 | 268.4 |
| Inventories | 82.2 | 74.7 | 61.1 | 62.2 | 82.0 | 81.4 | 70.3 | 61.8 |
| Receivables | 105.3 | 116.9 | 127.4 | 136.3 | 186.8 | 166.9 | 197.8 | 227.4 |
| Cash & equivalents | 21.9 | 3.7 | 1.1 | 5.3 | 0.4 | 0.4 | 0.2 | 0.5 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 9.1 | 61.0 | 109.0 | 68.2 | 104.9 |
| Cash from investing | -154.6 | -14.1 | -92.1 | -74.1 | -91.8 |
| Cash from financing | 130.1 | -43.7 | -15.3 | 1.0 | -13.0 |
| Capex | 14.8 | 70.9 | 37.7 | 52.2 | 67.7 |
| Free cash flow | -5.7 | -9.9 | 71.3 | 16.0 | 37.3 |
| Dividends paid | 0.0 | 7.6 | 8.3 | 11.5 | 12.2 |
Where the assets sit
Mar '26 · ₹ crorePeer comparison
largest in Unclassified · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Avantel Limited | 36,86,04,549 | 138.69 | — | 1059360.68 | 0.0% |
| Ducol Organics And Colours Limited | 19,55,275 | 120.00 | — | 20089.13 | 0.0% |
| Jio Platforms Limited | 12,57,181 | 1,406.40 | — | 3.57 | — |
| SBI Funds Management Limited | 1,01,750 | 499.55 | — | — | — |
| Tamilnadu Telecommunication Limited | 91,314 | 9.93 | — | — | — |
| Manipal Health Enterprises Limited | 76,294 | 646.70 | — | — | — |
| INDO-MIM Limited | 59,042 | 1,219.50 | — | — | — |
| AvenuesAI Limited | 45,138 | 129.25 | 153.6 | 9.51 | 6.2% |
| Dhoot Transmission Limited | 32,761 | 1,601.60 | — | 8.11 | — |
| 3M India Limited | 31,071 | 27,570.00 | 53.8 | 17.57 | 32.7% |
| Windlas Biotech Limited | 2,099 | 994.40 | 62.1 | 3.61 | 5.8% |
StoxGud checklist: Neutral setup · 6/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
FAQs
What is the share price of Windlas Biotech Limited?
Windlas Biotech Limited (WINDLAS) closed at ₹994.40 on NSE on 06 Nov 2026.
What is the market cap of Windlas Biotech Limited?
₹2,099 crore at the latest close.
What is the P/E ratio of Windlas Biotech Limited?
62.1, on trailing-twelve-month earnings from its filings.
How fast is Windlas Biotech Limited growing?
Windlas Biotech Limited: revenue has compounded at 20.8% a year over three years; net profit at 16.0% a year. Latest-quarter revenue is up 17.7% year on year.
How profitable is Windlas Biotech Limited?
On a trailing-twelve-month basis return on equity is 5.8%, return on capital employed 15.0%, operating margin 11.6%, net margin 3.7%.
How much debt does Windlas Biotech Limited have?
Windlas Biotech Limited is lightly geared: debt to equity is 0.05 with borrowings of ₹30 cr against cash of ₹1 cr (balance sheet of 2026-03-31). Operating profit covers interest 19.0 times.
Financials parsed from Windlas Biotech Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '21, annual from FY22, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.