Windsor Machines shares tumbled 6.82% to ₹283.65 following the company's disappointing quarterly results. The stock decline reflects investor concerns over the company's shift from profitability to losses despite strong revenue growth in the June 2026 quarter.
The company posted a standalone net loss of ₹107.63 lakh for Q1 FY27 compared to a net loss of ₹1,053.77 lakh in Q1 FY26, marking a substantial improvement in loss reduction. Revenue from operations showed strong growth of 31% year-on-year to ₹14,620.55 lakh, with consolidated revenue growing even sharper at 31% to ₹14,886.73 lakh, reflecting robust demand across key machinery segments despite the bottom-line challenges.
The company's revenue composition showed mixed results across business segments. The Injection Moulding Machinery Segment delivered exceptional growth of 85.4% YoY to ₹75.72 crore, while the Extrusion Machinery Division declined 6.3% YoY to ₹26.92 crore. The CNC & VMC Machinery Business remained relatively stable with a marginal 0.4% decline to ₹43.55 crore.
Operating expenses increased significantly, with cost of goods sold rising 40.3% YoY to ₹109.5 crore and selling, general and administrative expenses growing 21% YoY to ₹33 crore. This cost inflation contributed to EBITDA falling 20.9% YoY to ₹6.3 crore and EBITDA margin contracting 280 basis points to 4.2%. Additionally, finance costs surged 3.2 times to ₹3.5 crore from ₹1.1 crore in the previous year, further pressuring profitability.
Despite the quarterly challenges, Windsor Machines maintained a healthy order book of ₹217 crore as of June 30, 2027, with major contributions from Injection Moulding machinery, followed by Extrusion Machinery and CNC Machines. The company continues to serve the plastic processing industry across 65 countries globally, positioning itself as one of the select few companies supporting varied needs of this sector worldwide.
