SYNOPSIS:
Walchandnagar Industries ended its lockout after talks with unions, beginning maintenance work and planning phased operations from 20th December 2025. No property damage occurred, though the shutdown caused Rs. 27 crores revenue loss.
Shares of an engineering company known for its design, engineering & complex precision manufacturing capabilities and focused on the Defence, Nuclear, Aerospace business, surged nearly 8 percent on Tuesday, after the company announced that the plant lockout had been lifted.
At 02:57 p.m., shares of Walchandnagar Industries Limited were trading in the green at Rs. 154.95 on BSE, up by around 5 percent, as against its previous closing price of Rs. 147.6, with a market cap of Rs. 1,051 crores. The stock has delivered negative returns of over 35 percent in one year, and has fallen by nearly 8 percent in the last one month.
What’s the News
Walchandnagar Industries Limited, in its latest regulatory filing, announced that following extensive discussions with the Recognised Union and Workers Representatives, the company has officially lifted the lockout. Maintenance activities at the plant have already commenced as part of the reopening process.
The company further stated that operations at the facility will resume in a phased manner starting on 20th December 2025, ensuring a controlled and systematic restart of activities.
No damage or loss to company property was reported during the lockout period, which lasted from 12th April 2025 to 24th November 2025. However, the suspension of work since 20th March 2025 resulted in an estimated revenue loss of around Rs. 27 crore, which also adversely affected overall profitability due to the halt in operations.
Financials & More
Walchandnagar Industries reported a decline in revenue from operations, experiencing a year-on-year decrease of around 24 percent, from Rs. 68 crores in Q2 FY25 to Rs. 52 crores in Q2 FY26. The company attributed the weaker revenue trajectory to the lockdown in its Foundry division, which barely generated any income during the quarter.
Likewise, the company’s net loss widened during the same period, increasing from Rs. 11 crores to Rs. 12 crores, reflecting a 9 percent YoY deterioration in bottom-line performance.
Walchandnagar Industries further indicated that it expects a healthy order book of Rs. 150-200 crore in the second half of FY26, in addition to regular rolling orders. As per the September 2025 shareholding data available with the BSE, the ace investor Ashish Kacholia holds a 2.59 percent stake in the company.
Walchandnagar Industries Limited is a heavy engineering and project execution company engaged in the business of offering services across core sectors with hi-tech manufacturing, engineering products and engineering services.
Written by Shivani Singh
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