This small-cap stock engaged in providing advanced grinding solutions, manufacturing super abrasives, precision tools, and machinery for industries like aerospace, glass, and steel, jumped 7 percent after plans to enter the European Market with a new wholly owned subsidiary.
Stock Price Movement:
With a market capitalization of Rs. 1,745 crores, the share of Wendt India Limited has reached an intraday high of Rs. 9,651.25 per equity share, rising nearly around 7.30 percent from its previous day’s close price of Rs. 8,994.55. Since then, the stock has retreated and is currently trading at Rs. 8,725 per equity share.
What Happened:
Wendt (India) Limited has announced the incorporation of a wholly owned subsidiary in Germany to strengthen its presence in the European market. The decision was approved by the company’s Board of Directors on March 3, 2025. With an investment of Rs. 5 crores (0.55 million euros), the new subsidiary will focus on sales, servicing, and marketing of super abrasives, machine building, and precision components.
This expansion aligns with Wendt India’s strategy to grow its international footprint and cater to European customers more effectively. The company expects to complete the incorporation within three months and invest in phases over two years. This move marks an important step in Wendt India’s global growth strategy.
Products Offering:
Wendt (India) Limited offers a wide range of products, including super abrasives, precision products, and grinding machines. Their super abrasives include resin bond, metal bond, hybrid wheels, and rotary diamond dressers.
The precision products range consists of vanes, transfer blades, and ceramic grinding inserts. They also provide advanced grinding machines, such as surface grinding, cylindrical grinding, and CNC profiling dressing machines, backed by strong R&D investments.
Business Operations:
Wendt India Limited operates with state-of-the-art manufacturing facilities and a strong global distributor network. Its main facility in Hosur, India, spans 16.38 acres with a more than 490-member team. The company has high capacity utilization across various product lines like resin, metal, vitrification, rotary, and EP.
Additionally, Wendt has a production site in Thailand and a vast global footprint with sales offices and distributors worldwide, exporting 30.2 percent of its revenue and 69.8 percent from domestic.
Recent quarter results and ratio:
Wendt India Limited’s revenue has decreased from Rs. 54.50 crore in Q3 FY24 to Rs. 53.40 crore in Q3 FY25, which has dropped by 2.02 percent. The net profit has also decreased by 16.79 percent from Rs. 9.60 crore in Q3 FY24 to Rs. 8.22 crore in Q3 FY25.
Written By – Nikhil Naik
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