Wendt (India) (505412) Q2 25/26 earnings summary

Executive summary

• Standalone sales for the quarter ended September 30, 2025, were Rs 4,986 lakhs, nearly flat year-over-year, with PAT at Rs 455 lakhs, down 57% YoY due to lower machine sales mix and brand amortization.

• Consolidated sales for the quarter were Rs 5,617 lakhs, up 2% YoY, but PAT dropped 75% YoY to Rs 270 lakhs, impacted by lower profitability in subsidiaries.

• For the half year, standalone sales reached Rs 9,635 lakhs (up 2% YoY) with PAT at Rs 950 lakhs (down 47% YoY); consolidated sales were Rs 10,780 lakhs (up 4% YoY) with PAT at Rs 648 lakhs (down 65% YoY).

Financial highlights

• Standalone Q2 revenue: Rs 4,986 lakhs; PAT: Rs 455 lakhs; EPS: Rs 22.74.

• Consolidated Q2 revenue: Rs 5,617 lakhs; PAT: Rs 270 lakhs; EPS: Rs 13.47.

• Standalone half-year revenue: Rs 9,635 lakhs; PAT: Rs 950 lakhs; EPS: Rs 47.50.

• Consolidated half-year revenue: Rs 10,780 lakhs; PAT: Rs 648 lakhs; EPS: Rs 32.40.

• Export sales declined 5% YoY due to geopolitical volatility and lower demand from certain regions.

Outlook and guidance

• Management highlighted ongoing geopolitical volatility and lower offtake in key export markets as challenges.

• No explicit forward guidance provided, but commentary suggests continued caution in export-driven segments.