Wendt (India) LimitedQ2 FY27 Results & Financial Update

Wendt (India) Limited: Q2 FY27 consolidated results and company financials – revenue ₹71.98 Cr, PAT ₹5.49 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: WENDTPublished 21 Oct 2026Updated 21 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹71.98 CrReported Q2 FY27
Profit after tax₹5.49 CrReported Q2 FY27
Sequential change-11.2%Quarter-on-quarter

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Quarterly Results AnalysisExplore Wendt (India) Q2 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

During the quarter ended September 30, 2026 (Q2 FY27), Wendt (India) Limited recorded consolidated sales of INR 71.98 crore, reflecting a sequential increase from the preceding quarter's revenue of INR 71.28 crore.

02

Consolidated Profit After Tax (PAT) stood at INR 5.49 crore for the current quarter, compared to INR 6.18 crore reported in the previous quarter (Q1 FY27), reflecting a sequential moderation in net earnings.

03

Total consolidated income for Q2 FY27 reached INR 73.37 crore, supported by INR 0.86 crore of other income and interest income of INR 0.08 crore.

04

On a standalone basis, the company highlighted strong year-over-year momentum in its press release, reporting standalone sales of INR 59.25 crore and a PAT of INR 6.29 crore, attributing profitability gains to higher volumes and manufacturing cost optimization despite input cost pressures.

05

Consolidated performance for the first half of FY27 (ended September 30, 2026) demonstrated total sales of INR 142.91 crore and a cumulative PAT of INR 11.67 crore.

06

The financial statements reflect tight expense control with finance costs kept minimal at INR 0.01 crore, alongside depreciation and amortisation charges of INR 3.61 crore for the quarter.

01 · Business model

What does Wendt (India) do?

Wendt (India) Limited is a prominent manufacturer of superabrasives, precision grinding wheels, special purpose machines, and precision components, serving key manufacturing and industrial engineering sectors.

Part of the diversified 126-year-old Murugappa Group, the company operates under the engineering cluster alongside other listed entities such as Carborundum Universal Limited and Shanthi Gears Limited.

The company's operational model spans both domestic markets and international exports, catering to customers across Europe, South East Asia, and Eastern Europe with advanced industrial grinding solutions.

02 · Historical context

What shaped the business before this quarter

Group Association

Wendt (India) operates as part of the Murugappa Group, a conglomerate with diversified engineering and industrial interests.

03 · Financial snapshot

Current quarter vs the available comparable

MetricQ2 FY27Previous quarter
Revenue from operations₹71.98 Cr₹71.28 Cr
Total income₹73.37 Cr₹72.79 Cr
Profit before tax₹7.83 Cr₹8.94 Cr
Profit after tax₹5.49 Cr₹6.18 Cr
EPS₹27.45₹30.90

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 7.6% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.

Pre-tax earnings

Profit before tax was equivalent to 10.9% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.

Operating revenue versus total income

Total income exceeded operating revenue by ₹1.39 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.

Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.

04 · Why it moved

Why the quarter looked the way it did

What drove revenue

Consolidated Top-Line Growth

Consolidated revenue reached INR 71.98 crore in Q2 FY27, improving sequentially from INR 71.28 crore in Q1 FY27.

Standalone Growth & Export Contribution

According to management's press release, standalone sales grew 19% YoY to INR 59.25 crore, driven by domestic sales of INR 47.93 crore (up 22% YoY) and exports of INR 11.32 crore (up 6% YoY) spanning Europe, South East Asia, and Eastern Europe.

What drove margins

Cost Optimization Initiatives

Management noted that manufacturing expense reduction initiatives helped mitigate input cost increases during the period.

Tax and Depreciation Impact

Tax expenses for the quarter were recorded at INR 2.34 crore against a profit before tax of INR 7.83 crore, while quarterly depreciation stood at INR 3.61 crore.

05 · Segments, products & geography

Which parts of the business are doing the work

Geography and market mix

International Markets

Export revenues were driven by shipments to international regions including Europe, South East Asia, and Eastern Europe.

06 · Reported developments

What changed operationally

Standalone Profit Expansion

Standalone PAT increased by 38% YoY to INR 6.29 crore for the quarter, supported by volume growth and efficiency measures.

Half-Yearly Performance

For the half-year ended September 30, 2026, standalone sales grew 25% YoY to INR 120.02 crore with PAT rising 50% YoY to INR 14.29 crore.

07 · Pressure points & risks

What is not going smoothly

Input Cost Pressures

The company cited ongoing input cost increases that necessitated focused cost optimization in manufacturing.

08 · Beyond the numbers

What changed beyond the numbers

Reported update

Murugappa Group Context

The filing highlights the broader Murugappa Group's scale, comprising 10 listed companies and a total workforce exceeding 100,000 employees.

09 · Previous-quarter changes

What changed since the previous quarter

Sequential Revenue Movement

Consolidated revenue rose from INR 71.28 crore in Q1 FY27 to INR 71.98 crore in Q2 FY27.

Sequential Profit Movement

Consolidated PAT moved from INR 6.18 crore in Q1 FY27 to INR 5.49 crore in Q2 FY27.

10 · Key Q&A

The quarter, answered directly

What does Wendt (India) do?

Wendt (India) Limited is a prominent manufacturer of superabrasives, precision grinding wheels, special purpose machines, and precision components, serving key manufacturing and industrial engineering sectors.

What is the clearest takeaway from Q2 FY27?

During the quarter ended September 30, 2026 (Q2 FY27), Wendt (India) Limited recorded consolidated sales of INR 71.98 crore, reflecting a sequential increase from the preceding quarter's revenue of INR 71.28 crore.

What drove revenue or demand?

Consolidated revenue reached INR 71.98 crore in Q2 FY27, improving sequentially from INR 71.28 crore in Q1 FY27.

What mattered most for margins or profitability?

Management noted that manufacturing expense reduction initiatives helped mitigate input cost increases during the period.

What changed operationally beyond the headline numbers?

The filing highlights the broader Murugappa Group's scale, comprising 10 listed companies and a total workforce exceeding 100,000 employees.

What are the main pressure points disclosed for the quarter?

The company cited ongoing input cost increases that necessitated focused cost optimization in manufacturing.

11 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

12 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    H2 FY27 Execution: Monitor subsequent quarterly filings for continued demand trends in domestic superabrasives and export markets.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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