About Windsor Machines
Windsor Machines is a publicly listed company based in Ahmedabad (India) founded in 1963, and was acquired by Plutus Wealth Management in June 2024. Injection molding machines and extrusion lines are designed and manufactured. The company has 506 employees. Windsor Machines has completed 1 acquisition, including Italtech. Its chief executive, as recorded, is Rajan Shankar Tarakhad. Its Indian entity Windsor Machines Limited reported revenue of ₹574 Cr. Windsor Machines offers products and services including Injection Moulding Machines and Pipe Extrusion Lines. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Windsor Machines was founded in 1963 in Ahmedabad, India, where operations in the plastics machinery sector are based. Injection molding machines, pipe extrusion systems, and blown film lines are designed and manufactured for industrial applications. Focus is placed on production processes that support global manufacturing needs, with headquarters serving as the primary hub for engineering and assembly activities. Leadership is provided by CEO Rajan Shankar Tarakhad.
- Headquarters Ahmedabad, India
- Employees 506
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website windsormachines.com
- Social LinkedIn X YouTube
- Acquired by Plutus Wealth Management (Jun 2024)
- Legal Name Windsor Machines Limited
- Market Cap₹3,052 Cr
WINDMACHIN · NSE
- Share Price₹294.90
-0.02% today
- Revenue₹570 Cr
FY 2025-26 · +54.7% YoY
- EBITDA₹27.46 Cr
Margin 4.8%
- Net Profit₹2.49 Cr
FY 2025-26 · +117.4% YoY
- ROE0.4%
ROCE 2.0%
- Debt / Equity0.10
Interest cover 84.5x
- Investors
- Employee Count506
- Investments & Acquisitions
- Acquired byPlutus Wealth Management
(Jun 2024)
Associated legal entities of Windsor Machines
Windsor Machines is associated with 2 registered companies on The Company Check; the primary company is Windsor Machines Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Windsor Machines Limited Listed CIN L99999GJ1963PLC168458 | Active | 04 May 1963 | Ahmedabad, Gujarat | ₹574 Cr | 476 | 11 | View details |
| Windsor Machines Limited CIN L99999MH1963PLC012642 | 04 May 1963 | Thane, Maharashtra, India | View details |
Products & Services of Windsor Machines
Windsor Machines offers a comprehensive portfolio of products and services, including Injection Moulding Machines and Pipe Extrusion Lines.
Injection moulding machines are provided by Windsor Machines for efficient plastic processing applications.
Pipe extrusion lines are offered by Windsor Machines using single and twin screw technologies for various material segments.
Apps and channels of Windsor Machines
its YouTube channel Windsor Machines has 11 subscribers and 1 videos.
Videos from Windsor Machines
The most watched videos on Windsor Machines's YouTube channel, Windsor Machines (11 subscribers). Click a video to play it here.
More on Windsor Machines.
Investors in Windsor Machines
Windsor Machines has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Plutus Wealth.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed across multiple sectors. | plutuswealth.in | Ahmedabad, India |
Investor details for Windsor Machines
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Windsor Machines Limited (Windsor Machines)
Windsor Machines Limited is the primary company behind Windsor Machines. The board of Windsor Machines Limited currently have 8 directors; the longest-serving is Vinay Girdhar Bansod, appointed in 2021. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vinay Girdhar Bansod DIN 09168450 | Whole-time director | 13 May 2021 | 5 yrs 5 mo | Windsor Machines Limited |
| Manoj Dineshchandra Antani DIN 05177142 | Director | 21 Sep 2024 | 2 yrs 1 mo | Windsor Machines Limited |
| Vivek Chopra DIN 10240558 | Director | 21 Sep 2024 | 2 yrs 1 mo | Windsor Machines Limited |
| Garima Malhotra DIN 10762983 | Director | 21 Sep 2024 | 2 yrs 1 mo | Windsor Machines Limited |
| Subhendu Roy DIN 10763149 | Director | 21 Sep 2024 | 2 yrs 1 mo | Windsor Machines Limited |
| Hitendrabhai Hasmukhbhai Patel DIN 09176579 | Director | 01 Feb 2025 | 1 yr 9 mo | Windsor Machines Limited |
| Ravi Mamodiya DIN 07609452 | Director | 10 Apr 2025 | 1 yr 6 mo | Windsor Machines Limited |
| Dharmendra Becharbhai Varasada DIN 09176580 | Director | 09 May 2026 | 5 mo | Windsor Machines Limited |
People of Windsor Machines
9 people are tracked at Windsor Machines (6 in leadership, 3 in team); the tracked headcount is 506.
| Name | Role | Group |
|---|---|---|
Rajan Shankar Tarakhad | CEO | Leadership |
Susmit Patel | Deputy General Manager-design & Development At Windsor Machines Ltd. | Leadership |
| Executive Director & CEO | Leadership | |
Hardev Bharaj | Head Of Win Retro Project(retro Fitting Project) | Leadership |
Vatsal Parekh | CFO | Leadership |
Anand Jain | Chief Financial Officer | Leadership |
Ashish Thakore | Sr. Manager -design And Development | Team |
Akash Nahar | Manager Accounts And Finance | Team |
Pragnesh Mistry | Assistant Manager | Team |
Complete people profiles for Windsor Machines
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Windsor Machines
Windsor Machines is a publicly listed company on the NSE with ticker symbol WINDMACHIN in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date17 Aug 2011
- Listed onNSE: WINDMACHIN
- Listed entityWindsor Machines Limited
- Exchange sectorProducer manufacturing
- ISININE052A01021
- Share price₹296.00 (-0.74% on the day) · 2026-10-14
- Market capitalisation₹3,086 Cr
- Price to earnings516.7
- EPS (diluted, trailing year)₹0.57
- Volume (last session)3,848
Financials of Windsor Machines
Exchange-reported figures of Windsor Machines Limited, the listed company behind Windsor Machines (NSE: WINDMACHIN).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 570 | 369 | 354 | 376 | 369 | 314 | 283 |
| Revenue growth | +54.7% | +4.2% | -5.9% | +1.9% | +17.4% | +11.1% | - |
| EBITDA | 27.46 | 24.47 | 22.47 | 27.97 | 29.71 | 29.36 | (18.09) |
| EBITDA margin | +4.8% | +6.6% | +6.4% | +7.4% | +8.1% | +9.3% | -6.4% |
| Profit before tax | 4.82 | 19.92 | (5.61) | 11.02 | 7.14 | 5.82 | (32.04) |
| Net profit | 2.49 | (14.33) | (8.01) | 4.68 | 2.24 | 10.85 | 15.32 |
| Net profit margin | +0.4% | -3.9% | -2.3% | +1.2% | +0.6% | +3.5% | +5.4% |
| EPS (₹) | 0.07 | 0.88 | (1.19) | 0.72 | 0.35 | 1.67 | (1.13) |
| Balance sheet | |||||||
| Total assets | 598 | 769 | 353 | 347 | 338 | 347 | 343 |
| Net worth | 493 | 734 | 267 | 280 | 284 | 286 | 275 |
| Total debt | 86.30 | 34.86 | 35.83 | 35.87 | 26.47 | 46.38 | 52.82 |
| Cash & bank | 33.86 | 93.79 | 2.99 | 11.31 | 9.81 | 19.16 | 9.29 |
| Net working capital | 97.85 | 148 | (26.52) | (18.99) | (30.93) | (40.89) | (43.43) |
| Cash flow | |||||||
| Cash from operations | (51.25) | (41.32) | 46.42 | 12.17 | 27.13 | 36.83 | 24.09 |
| Cash from investing | (127) | (295) | (29.15) | (6.81) | 1.01 | (9.92) | 8.30 |
| Cash from financing | 112 | 426 | (21.97) | (7.73) | (37.13) | (17.30) | (37.64) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 183 | 149 | 185 | 136 | 137 | 113 | 121 | 108 |
| Revenue growth (YoY) | +33.8% | +31.4% | +52.8% | +26.2% | +130.0% | +40.2% | - | - |
| Other income | 1.57 | 0.48 | 7.62 | 0.03 | 3.40 | 0.12 | 0.26 | 38.76 |
| EBITDA | 1.58 | 6.31 | 10.95 | 3.97 | 8.50 | (3.64) | 10.99 | 8.77 |
| EBITDA margin | +0.9% | +4.2% | +5.9% | +2.9% | +6.2% | -3.2% | +9.1% | +8.1% |
| Depreciation | 5.84 | 5.08 | 5.37 | 6.16 | 4.76 | 4.74 | 5.09 | 4.25 |
| Interest | 2.23 | 3.50 | 2.25 | 0.72 | 1.03 | 1.10 | 1.73 | 1.40 |
| Profit before tax | (4.92) | (1.79) | 10.95 | (2.88) | 6.11 | (9.36) | 4.43 | 41.88 |
| Tax | 0.35 | (0.88) | 3.72 | (0.14) | 1.83 | 1.18 | 8.57 | 0.21 |
| Net profit | (5.27) | (0.91) | 7.23 | (2.74) | 4.28 | (10.54) | (4.14) | 41.67 |
| EPS (₹) | (0.51) | (0.10) | 0.70 | (0.45) | 0.42 | (1.03) | (0.52) | 6.42 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 567 | 366 | 340 | 350 | 338 | 287 | 244 |
| Revenue growth | +55.0% | +7.6% | -2.9% | +3.6% | +17.6% | +17.8% | - |
| EBITDA | 21.22 | 24.51 | 25.26 | 40.05 | 36.56 | 29.43 | (26.88) |
| EBITDA margin | +3.8% | +6.7% | +7.4% | +11.4% | +10.8% | +10.3% | -11.0% |
| Profit before tax | (1.30) | 2.55 | 5.52 | 23.21 | 18.69 | 7.93 | (38.27) |
| Net profit | 2.43 | (14.39) | 3.43 | 16.87 | 13.76 | 12.91 | 11.32 |
| Net profit margin | +0.4% | -3.9% | +1.0% | +4.8% | +4.1% | +4.5% | +4.6% |
| EPS (₹) | (0.50) | (2.44) | 0.53 | 2.59 | 2.12 | 1.99 | (2.12) |
| Balance sheet | |||||||
| Total assets | 593 | 456 | 332 | 335 | 316 | 329 | 322 |
| Net worth | 488 | 421 | 296 | 299 | 290 | 283 | 269 |
| Total debt | 86.04 | 34.85 | 35.65 | 35.69 | 26.29 | 46.24 | 52.81 |
| Cash & bank | 31.38 | 93.79 | 1.72 | 10.16 | 9.20 | 15.02 | 4.42 |
| Net working capital | 93.51 | 145 | (35.00) | (16.91) | (39.03) | (44.87) | (50.32) |
| Cash flow | |||||||
| Cash from operations | (29.06) | (6.05) | 38.58 | 7.43 | 24.93 | 35.17 | 19.35 |
| Cash from investing | (122) | (319) | (29.40) | (6.69) | 1.80 | (10.10) | 7.91 |
| Cash from financing | 112 | 429 | (14.01) | (3.65) | (32.19) | (14.74) | (35.96) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 180 | 146 | 181 | 136 | 137 | 69.60 | 121 | 107 |
| Revenue growth (YoY) | +31.5% | +110.1% | +49.5% | +26.7% | +134.1% | -12.1% | - | - |
| Other income | 1.57 | 0.41 | 2.90 | 0.03 | 3.40 | 0.19 | 0.40 | 0.76 |
| Total expenses | 178 | 140 | 171 | 132 | 128 | 80.10 | 110 | 94.60 |
| EBITDA | 2.04 | 5.90 | 9.34 | 3.97 | 8.50 | (10.50) | 10.99 | 12.61 |
| EBITDA margin | +1.1% | +4.0% | +5.2% | +2.9% | +6.2% | -15.1% | +9.1% | +11.8% |
| Depreciation | 5.57 | 4.81 | 5.17 | 6.16 | 4.76 | 4.63 | 5.09 | 4.20 |
| Interest | 2.22 | 3.50 | 2.25 | 0.72 | 1.03 | 1.10 | 1.73 | 0.84 |
| Profit before tax | (4.18) | (2.00) | 4.82 | (2.88) | 6.11 | (16.04) | 4.57 | 8.33 |
| Tax | 0.47 | (0.94) | 2.67 | (0.14) | 1.83 | 0.03 | 8.57 | 0.21 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 183 | 149 | 185 | 136 | 137 | 113 | 121 | 108 |
| Revenue growth (YoY) | +33.8% | +31.4% | +52.8% | +26.2% | +130.0% | +40.2% | - | - |
| Other income | 1.57 | 0.48 | 7.62 | 0.03 | 3.40 | 0.12 | 0.26 | 38.76 |
| EBITDA | 1.58 | 6.31 | 10.95 | 3.97 | 8.50 | (3.64) | 10.99 | 8.77 |
| EBITDA margin | +0.9% | +4.2% | +5.9% | +2.9% | +6.2% | -3.2% | +9.1% | +8.1% |
| Depreciation | 5.84 | 5.08 | 5.37 | 6.16 | 4.76 | 4.74 | 5.09 | 4.25 |
| Interest | 2.23 | 3.50 | 2.25 | 0.72 | 1.03 | 1.10 | 1.73 | 1.40 |
| Profit before tax | (4.92) | (1.79) | 10.95 | (2.88) | 6.11 | (9.36) | 4.43 | 41.88 |
| Tax | 0.35 | (0.88) | 3.72 | (0.14) | 1.83 | 1.18 | 8.57 | 0.21 |
| Net profit | (5.27) | (0.91) | 7.23 | (2.74) | 4.28 | (10.54) | (4.14) | 41.67 |
| EPS (₹) | (0.51) | (0.10) | 0.70 | (0.45) | 0.42 | (1.03) | (0.52) | 6.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 570 | 369 | 354 | 376 | 369 | 314 | 283 |
| Revenue growth | +54.7% | +4.2% | -5.9% | +1.9% | +17.4% | +11.1% | - |
| Other income | 3.82 | 21.94 | 2.95 | 7.85 | 2.71 | 0.80 | 11.59 |
| Total expenses | 543 | 344 | 332 | 348 | 339 | 285 | 301 |
| Employee cost | 73.57 | 55.03 | 53.71 | 56.96 | 56.17 | 53.04 | 53.04 |
| EBITDA | 27.46 | 24.47 | 22.47 | 27.97 | 29.71 | 29.36 | (18.09) |
| EBITDA margin | +4.8% | +6.6% | +6.4% | +7.4% | +8.1% | +9.3% | -6.4% |
| Depreciation | 21.03 | 17.96 | 15.64 | 13.91 | 14.06 | 13.70 | 14.32 |
| Interest | 5.43 | 8.53 | 15.39 | 10.89 | 11.22 | 10.64 | 11.22 |
| Profit before tax | 4.82 | 19.92 | (5.61) | 11.02 | 7.14 | 5.82 | (32.04) |
| Tax | 4.17 | 23.14 | 2.09 | 6.37 | 4.91 | (4.98) | (24.52) |
| Net profit | 2.49 | (14.33) | (8.01) | 4.68 | 2.24 | 10.85 | 15.32 |
| Net profit margin | +0.4% | -3.9% | -2.3% | +1.2% | +0.6% | +3.5% | +5.4% |
| EPS (₹) | 0.07 | 0.88 | (1.19) | 0.72 | 0.35 | 1.67 | (1.13) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.70 | 16.90 | 12.99 | 12.99 | 12.99 | 12.99 | 12.99 |
| Reserves & surplus | 404 | 630 | 254 | 267 | 271 | 273 | 262 |
| Shareholders' funds (net worth) | 493 | 734 | 267 | 280 | 284 | 286 | 275 |
| Minority interest | 0.00 | 0.00 | 10.96 | 10.98 | 11.00 | 11.03 | 11.07 |
| Secured loans | 79.80 | 10.05 | 35.36 | 35.69 | 26.29 | 41.24 | 52.81 |
| Unsecured loans | 6.50 | 24.81 | 0.47 | 0.18 | 0.18 | 5.14 | 0.01 |
| Total debt | 86.30 | 34.86 | 35.83 | 35.87 | 26.47 | 46.38 | 52.82 |
| Total liabilities | 598 | 769 | 353 | 347 | 338 | 347 | 343 |
| Assets | |||||||
| Gross block | 317 | 804 | 468 | 440 | 442 | 448 | 456 |
| Net block | 255 | 652 | 323 | 311 | 320 | 332 | 345 |
| Capital work in progress | 16.05 | 20.91 | 19.23 | 19.23 | 19.24 | 18.93 | 18.78 |
| Investments | 0.00 | 0.00 | 0.02 | 0.02 | 0.02 | 2.13 | 0.07 |
| Inventories | 215 | 144 | 109 | 85.86 | 78.36 | 77.76 | 73.49 |
| Sundry debtors | 38.16 | 24.58 | 28.41 | 48.27 | 40.17 | 30.39 | 19.11 |
| Cash & bank balances | 33.86 | 93.79 | 2.99 | 11.31 | 9.81 | 19.16 | 9.29 |
| Loans & advances | 38.68 | 62.25 | 9.29 | 5.31 | 11.02 | 11.02 | 11.37 |
| Total current assets | 326 | 325 | 150 | 151 | 139 | 138 | 113 |
| Total current liabilities | 228 | 177 | 176 | 170 | 170 | 179 | 157 |
| Net working capital | 97.85 | 148 | (26.52) | (18.99) | (30.93) | (40.89) | (43.43) |
| Total assets | 598 | 769 | 353 | 347 | 338 | 347 | 343 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 91.66 | 2.68 | 7.39 | 9.75 | 18.75 | 9.15 | 14.40 |
| Net cash from operating activities | (51.25) | (41.32) | 46.42 | 12.17 | 27.13 | 36.83 | 24.09 |
| Net cash from investing activities | (127) | (295) | (29.15) | (6.81) | 1.01 | (9.92) | 8.30 |
| Net cash from financing activities | 112 | 426 | (21.97) | (7.73) | (37.13) | (17.30) | (37.64) |
| Net change in cash | (66.41) | 88.97 | (4.70) | (2.36) | (9.00) | 9.60 | (5.25) |
| Closing cash | 33.86 | 93.79 | 2.99 | 11.31 | 9.81 | 19.16 | 9.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +54.7% | +4.2% | -5.9% | +1.9% | +17.4% | +11.1% | - |
| EBITDA growth | +12.2% | +8.9% | -19.7% | -5.9% | +1.2% | +262.3% | - |
| PBT growth | -75.8% | +9998.0% | - | +54.3% | +22.7% | +9998.0% | - |
| Net income growth | +117.4% | -78.9% | -271.2% | +108.9% | -79.4% | -29.2% | - |
| Revenue CAGR (3Y) | +14.9% | -0.0% | +4.0% | +10.0% | +1.8% | -7.2% | -7.2% |
| EBITDA CAGR (3Y) | -0.6% | -50.0% | -8.5% | - | +33.3% | -6.6% | - |
| Profitability & leverage | |||||||
| Net income margin | +0.1% | -0.9% | -2.2% | +1.2% | +0.6% | +3.4% | -2.7% |
| Return on capital employed | +2.0% | +1.4% | +2.9% | +6.6% | +5.5% | +4.9% | +0.7% |
| Return on net worth | +0.4% | -4.5% | -2.8% | +1.6% | +0.8% | +3.9% | +5.4% |
| Debt / equity | 0.10 | 0.07 | 0.13 | 0.11 | 0.13 | 0.18 | 0.22 |
| Long-term debt / equity | 0.07 | 0.05 | 0.08 | 0.06 | 0.06 | 0.11 | 0.14 |
| Interest cover | 84.45 | -59.90 | 225.33 | 77.45 | 71.69 | 67.94 | -34.62 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.02 | 0.58 | 0.78 | 0.85 | 0.83 | 0.70 | 0.63 |
| Inventory turnover | 3.18 | 2.91 | 3.63 | 4.58 | 4.73 | 4.16 | 3.58 |
| Debtors turnover | 18.19 | 13.92 | 9.23 | 8.51 | 10.46 | 12.71 | 11.70 |
| EPS (₹) | 0.07 | 0.88 | (1.19) | 0.72 | 0.35 | 1.67 | (1.13) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.50 | 1.00 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 47.63 | 76.55 | 41.07 | 43.17 | 43.77 | 44.07 | 42.34 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 180 | 146 | 181 | 136 | 137 | 69.60 | 121 | 107 |
| Revenue growth (YoY) | +31.5% | +110.1% | +49.5% | +26.7% | +134.1% | -12.1% | - | - |
| Other income | 1.57 | 0.41 | 2.90 | 0.03 | 3.40 | 0.19 | 0.40 | 0.76 |
| Total expenses | 178 | 140 | 171 | 132 | 128 | 80.10 | 110 | 94.60 |
| EBITDA | 2.04 | 5.90 | 9.34 | 3.97 | 8.50 | (10.50) | 10.99 | 12.61 |
| EBITDA margin | +1.1% | +4.0% | +5.2% | +2.9% | +6.2% | -15.1% | +9.1% | +11.8% |
| Depreciation | 5.57 | 4.81 | 5.17 | 6.16 | 4.76 | 4.63 | 5.09 | 4.20 |
| Interest | 2.22 | 3.50 | 2.25 | 0.72 | 1.03 | 1.10 | 1.73 | 0.84 |
| Profit before tax | (4.18) | (2.00) | 4.82 | (2.88) | 6.11 | (16.04) | 4.57 | 8.33 |
| Tax | 0.47 | (0.94) | 2.67 | (0.14) | 1.83 | 0.03 | 8.57 | 0.21 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 567 | 366 | 340 | 350 | 338 | 287 | 244 |
| Revenue growth | +55.0% | +7.6% | -2.9% | +3.6% | +17.6% | +17.8% | - |
| Other income | 3.74 | 1.35 | 2.63 | 3.18 | 1.47 | 0.26 | 12.06 |
| Total expenses | 545 | 341 | 315 | 310 | 301 | 258 | 271 |
| Employee cost | 72.97 | 49.03 | 45.63 | 44.76 | 42.91 | 41.32 | 42.32 |
| EBITDA | 21.22 | 24.51 | 25.26 | 40.05 | 36.56 | 29.43 | (26.88) |
| EBITDA margin | +3.8% | +6.7% | +7.4% | +11.4% | +10.8% | +10.3% | -11.0% |
| Depreciation | 20.83 | 17.67 | 14.95 | 13.27 | 13.25 | 13.43 | 13.56 |
| Interest | 5.43 | 5.64 | 7.42 | 6.75 | 6.09 | 8.33 | 9.89 |
| Profit before tax | (1.30) | 2.55 | 5.52 | 23.21 | 18.69 | 7.93 | (38.27) |
| Tax | 3.13 | 23.14 | 2.09 | 6.37 | 4.91 | (4.98) | (24.52) |
| Net profit | 2.43 | (14.39) | 3.43 | 16.87 | 13.76 | 12.91 | 11.32 |
| Net profit margin | +0.4% | -3.9% | +1.0% | +4.8% | +4.1% | +4.5% | +4.6% |
| EPS (₹) | (0.50) | (2.44) | 0.53 | 2.59 | 2.12 | 1.99 | (2.12) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 17.70 | 16.90 | 12.99 | 12.99 | 12.99 | 12.99 | 12.99 |
| Reserves & surplus | 399 | 316 | 283 | 286 | 277 | 270 | 256 |
| Shareholders' funds (net worth) | 488 | 421 | 296 | 299 | 290 | 283 | 269 |
| Secured loans | 64.58 | 8.94 | 35.36 | 35.69 | 26.29 | 41.24 | 52.81 |
| Unsecured loans | 21.46 | 25.91 | 0.29 | 0.00 | 0.00 | 5.00 | 0.00 |
| Total debt | 86.04 | 34.85 | 35.65 | 35.69 | 26.29 | 46.24 | 52.81 |
| Total liabilities | - | - | 332 | 335 | 316 | 329 | 322 |
| Assets | |||||||
| Gross block | 271 | 494 | 464 | 437 | 439 | 445 | 445 |
| Net block | 213 | 338 | 322 | 309 | 317 | 329 | 342 |
| Capital work in progress | 16.05 | 20.91 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 42.00 | 0.00 | 9.19 | 9.19 | 9.19 | 11.30 | 9.25 |
| Inventories | 212 | 144 | 85.68 | 62.95 | 53.54 | 50.59 | 55.05 |
| Sundry debtors | 34.30 | 24.58 | 24.91 | 36.86 | 19.94 | 19.16 | 6.15 |
| Cash & bank balances | 31.38 | 93.79 | 1.72 | 10.16 | 9.20 | 15.02 | 4.42 |
| Loans & advances | 38.53 | 59.78 | 8.12 | 5.99 | 6.27 | 7.87 | 8.28 |
| Total current assets | 316 | 322 | 120 | 116 | 88.95 | 92.64 | 73.90 |
| Total current liabilities | 223 | 177 | 155 | 133 | 128 | 138 | 124 |
| Net working capital | 93.51 | 145 | (35.00) | (16.91) | (39.03) | (44.87) | (50.32) |
| Total assets | 593 | 456 | 332 | 335 | 316 | 329 | 322 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 91.66 | 1.41 | 6.24 | 9.15 | 14.61 | 4.28 | 12.99 |
| Net cash from operating activities | (29.06) | (6.05) | 38.58 | 7.43 | 24.93 | 35.17 | 19.35 |
| Net cash from investing activities | (122) | (319) | (29.40) | (6.69) | 1.80 | (10.10) | 7.91 |
| Net cash from financing activities | 112 | 429 | (14.01) | (3.65) | (32.19) | (14.74) | (35.96) |
| Net change in cash | (38.86) | 104 | (4.83) | (2.91) | (5.46) | 10.33 | (8.71) |
| Closing cash | 31.38 | 93.79 | 1.72 | 10.16 | 9.20 | 15.02 | 4.42 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +55.0% | +7.6% | -2.9% | +3.6% | +17.6% | +17.8% | - |
| EBITDA growth | -13.4% | -3.0% | -36.9% | +9.6% | +24.2% | +209.5% | - |
| PBT growth | - | -53.8% | -76.2% | +24.2% | +135.7% | +9998.0% | -64.7% |
| Net income growth | +116.9% | -519.5% | -79.7% | +22.6% | +6.6% | +14.1% | - |
| Revenue CAGR (3Y) | +17.4% | +2.7% | +5.8% | +12.8% | +0.7% | -6.5% | -6.7% |
| EBITDA CAGR (3Y) | -19.1% | -12.5% | -5.0% | - | - | -7.8% | - |
| Profitability & leverage | |||||||
| Net income margin | -0.8% | -5.6% | +1.0% | +4.8% | +4.1% | +4.5% | -5.6% |
| Return on capital employed | +2.3% | +4.0% | +3.9% | +9.2% | +7.7% | +5.0% | -0.8% |
| Return on net worth | +0.5% | -4.0% | +1.2% | +5.7% | +4.8% | +4.7% | +4.0% |
| Debt / equity | 0.13 | 0.10 | 0.12 | 0.11 | 0.13 | 0.18 | 0.22 |
| Long-term debt / equity | 0.10 | 0.07 | 0.08 | 0.06 | 0.06 | 0.11 | 0.15 |
| Interest cover | 1,392.31 | 82.46 | 71.97 | 25.21 | 26.13 | 52.06 | -24.46 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.48 | 0.76 | 0.75 | 0.80 | 0.76 | 0.65 | 0.55 |
| Inventory turnover | 3.18 | 3.18 | 4.57 | 6.01 | 6.49 | 5.44 | 4.11 |
| Debtors turnover | 19.24 | 14.77 | 11.01 | 12.32 | 17.28 | 22.70 | 20.85 |
| EPS (₹) | (0.50) | (2.44) | 0.53 | 2.59 | 2.12 | 1.99 | (2.12) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.50 | 1.00 | 1.00 | 1.00 | 0.00 |
| Book value per share (₹) | 47.06 | 39.45 | 45.58 | 46.11 | 44.59 | 43.53 | 41.49 |
Investments & Acquisitions by Windsor Machines
Windsor Machines has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Italtech.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Website and mobile app development services are provided by Italtech. | italtech.it | Mazzano Romano, Italy | 1984 | Apr 2013 | •••• |
Complete acquisition details for Windsor Machines
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Timeline of Windsor Machines
4 dated milestones of Windsor Machines across 61 years, from founding to its latest funding, stage changes and deals.
- Founded Windsor Machines is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Italtech.
- Exit Acquired by Plutus Wealth Management.
Web traffic of Windsor Machines
The website of Windsor Machines (windsormachines.com) receives about 3.7K visits a month.
- Monthly visits3.7K
▼ 33.3% vs previous month
Websites whose visitors overlap most with Windsor Machines. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bausano.com | 100% | #842,070 | View details | ||
| aisglass.com | 62% | 62K | #569,746 | View details |
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Windsor Machines (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 43 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Related news about Windsor Machines
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Frequently Asked Questions about Windsor Machines
Windsor Machines was founded in 1963.
Windsor Machines is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Rajan Shankar Tarakhad is the CEO of Windsor Machines, as recorded in our data.
Windsor Machines has 506 employees.
The primary company behind Windsor Machines, Windsor Machines Limited, reported revenue of ₹574 Cr for FY 2026, up 55% year on year.
Windsor Machines was founded in 1963 in Ahmedabad, India, where operations in the plastics machinery sector are based. Injection molding machines, pipe extrusion systems, and blown film lines are designed and manufactured for industrial applications. Focus is placed on production processes that support global manufacturing needs, with headquarters serving as the primary hub for engineering and assembly activities. Leadership is provided by CEO Rajan Shankar Tarakhad.
Windsor Machines offers Injection Moulding Machines and Pipe Extrusion Lines.
Yes, Windsor Machines is publicly traded on NSE under the ticker symbol WINDMACHIN.
Windsor Machines has made 1 acquisition, including Italtech.
Windsor Machines has 1 investor. Key investors include Plutus Wealth.
Windsor Machines operates through Windsor Machines Limited.
Yes. Windsor Machines was acquired by Plutus Wealth Management in June 2024.

