Western Ministil share price
BSE: 504998Industrial Products
Western Ministil Ltd. · Face value ₹10 Face value. The nominal value of one share as the company issued it, the unit its share capital is counted in and a dividend can be stated as a percentage of; it has no link to the share price. Face value in the glossary · Listed Jun 1973
Last traded ₹0.60 on 10 Aug 2026
Latest announcements
Routine notices left out.
Sep 2026
18 Sep · Meeting
Aug 2026
Q1 results, quarter to Jun 2026
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- RevenueRevenue from operations. Money earned from selling the company's goods and services in the period. Revenue from operations in the glossary
- ₹0.00 Cr
- Operating profitOperating profit before depreciation (EBITDA). Revenue less operating expenses: what the business earns from its operations before depreciation, interest and tax. Operating profit before depreciation (EBITDA) in the glossary
- −₹0.06 Cr
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- −₹0.04 Cr
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- −₹0.07
From revenue to net profit, ₹ crore
- Revenue0.0
- Employee costs0.0
- Other expenses0.0
- Operating profit−0.1
- Depreciation0.0
- Other income0.0
- Finance costs0.0
- Profit before tax0.0
- Tax0.0
- Net profit0.0
Western Ministil results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
- Loss
Peak revenue ₹0.00 Cr, quarter to Sep 2023A loss in 12 of the 12 quarters shown
Operating and net margin by quarter, per cent
- Operating margin
- Net margin
| ₹ crore | Sep 2021 | Dec 2021Q3 | Mar 2022 | Jun 2022Q1 | Sep 2022 | Dec 2022Q3 | Mar 2023 | Jun 2023Q1Filed 14 Aug | Sep 2023 | Dec 2023Q3 | Mar 2024 | Jun 2024Q1 | Sep 2024 | Dec 2024Q3Filed 14 Feb | Mar 2025Q4 | Jun 2025Q1 | Sep 2025Q2 | Dec 2025Q3Filed 9 Feb | Mar 2026Q4Filed 21 May | Jun 2026Q1Filed 6 Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating expenses. What the business spent to run itself in the period, materials, staff and other costs, before depreciation, interest and tax. Operating expenses in the glossary | 0.03 | 0.04 | 0.03 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.06 | 0.02 | 0.04 | 0.04 | 0.11 | 0.06 | 0.05 | 0.02 | 0.10 | 0.11 | 0.06 |
| Materials and goods boughtCost of materials and goods. Raw materials used and goods bought for resale in the period, adjusted for the change in stock held. Cost of materials and goods in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee costsEmployee costs. Salaries, wages, bonuses and other benefits paid to staff in the period. Employee costs in the glossary | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Other expensesOther expenses. Every operating cost besides materials and staff: power, rent, freight, repairs, marketing and the like. Other expenses in the glossary | 0.02 | 0.04 | 0.02 | 0.03 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 0.06 | 0.00 | 0.02 | 0.02 | 0.06 | 0.05 | 0.04 | 0.02 | 0.09 | 0.10 | 0.05 |
| Operating profit before depreciation | −0.03 | −0.04 | −0.03 | −0.04 | −0.05 | −0.04 | −0.04 | −0.04 | −0.04 | −0.06 | −0.02 | −0.04 | −0.04 | −0.11 | −0.06 | −0.05 | −0.02 | −0.10 | −0.11 | −0.06 |
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before one-off items and taxProfit before one-off items and tax. Profit before tax as it would be without the one-off items below it, as the company states it. Profit before one-off items and tax in the glossary | −0.03 | −0.04 | −0.03 | −0.04 | −0.05 | −0.04 | −0.04 | −0.04 | −0.04 | −0.06 | −0.02 | −0.04 | −0.06 | −0.14 | −0.09 | −0.05 | −0.02 | −0.10 | −0.11 | −0.04 |
| One-off itemsExceptional items. Gains or losses the company reports separately because they are not expected to recur, such as selling a business or writing down an asset. Exceptional items in the glossary | 0.00 | 0.00 | 0.00 | −0.01 | 0.00 | −0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.03 | −0.04 | −0.03 | −0.05 | −0.05 | −0.04 | −0.04 | −0.04 | −0.04 | −0.06 | −0.02 | −0.04 | −0.06 | −0.14 | −0.09 | −0.05 | −0.02 | −0.10 | −0.11 | −0.04 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | −0.03 | −0.04 | −0.03 | −0.05 | −0.05 | −0.04 | −0.04 | −0.04 | −0.04 | −0.06 | −0.02 | −0.04 | −0.06 | −0.14 | −0.09 | −0.05 | −0.02 | −0.10 | −0.11 | −0.04 |
| Earnings per share | −₹0.16 | −₹0.19 | −₹0.15 | −₹0.23 | −₹0.23 | −₹0.20 | −₹0.18 | −₹0.18 | −₹0.18 | −₹0.28 | −₹0.10 | −₹0.17 | −₹0.26 | −₹0.67 | −₹0.40 | −₹0.24 | – | −₹0.44 | −₹0.17 | −₹0.07 |
Earnings per share in rupees, restated for later splits and bonuses.
10 years at a glance
Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.
Revenue, net profit and borrowings, ₹ crore
- Revenue
- Net profit
- Borrowings
- Loss
Peak revenue ₹0.01 Cr, year to Mar 2017; lowest ₹0.00 Cr, year to Mar 2019A loss in 9 of the 10 years shown
Operating and net margin, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
Results for the year to Mar 2026
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
From revenue to net profit
- Revenue0.0
- Employee costs0.0
- Other expenses−0.2
- Operating profit−0.3
- Depreciation0.0
- Other income0.0
- One-off items0.0
- Finance costs0.0
- Profit before tax−0.3
- Tax0.0
- Net profit−0.3
What the company owns
- Cash and bank₹4 Cr
- Plant, investments and other assets₹0 Cr
What pays for it: net worth and liabilities
- Other liabilities₹2 Cr
- Borrowings₹1 Cr
- Net worth₹1 Cr
- Owed to suppliers₹0 Cr
Profit and loss
Standalone, ₹ crore, years to March. The last column is the twelve months to Jun 2026, the latest four quarters added.
| ₹ crore | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026Filed 21 May | Jun 2026Twelve monthsFiled 6 Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.13 | 0.21 | 0.15 | 0.15 | 0.14 | 0.13 | 0.17 | 0.16 | 0.25 | 0.28 | 0.28 | |
| Materials and goods bought | – | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee costs | 0.03 | 0.03 | 0.04 | 0.05 | 0.04 | 0.04 | 0.05 | 0.05 | 0.06 | 0.04 | 0.03 |
| Other expenses | 0.09 | 0.17 | 0.12 | 0.10 | 0.10 | 0.09 | 0.12 | 0.11 | 0.19 | 0.24 | 0.25 |
| Operating profit before depreciation | −0.12 | −0.21 | −0.15 | −0.15 | −0.14 | −0.13 | −0.17 | −0.16 | −0.25 | −0.28 | −0.28 |
| Operating margin | −1,151.0% | −10,265.0% | – | – | – | – | – | – | – | – | – |
| Employee costs, % of revenueEmployee costs, % of revenue. Salaries, wages and other staff costs divided by revenue, times 100. Employee costs, % of revenue in the glossary | 325.0% | 1,625.0% | – | – | – | – | – | – | – | – | – |
| Other expenses, % of revenueOther expenses, % of revenue. Operating costs besides materials and staff divided by revenue, times 100; with the two above and the operating margin it makes 100. Other expenses, % of revenue in the glossary | 925.0% | 8,730.0% | – | – | – | – | – | – | – | – | – |
| Depreciation and amortisation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating profit after depreciationOperating profit after depreciation (EBIT). Operating profit before depreciation, less depreciation and amortisation. Operating profit after depreciation (EBIT) in the glossary | −0.12 | −0.21 | −0.15 | −0.15 | −0.14 | −0.13 | −0.17 | −0.16 | −0.25 | −0.28 | −0.28 |
| Other income | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Finance costs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.00 | 0.00 |
| Profit before one-off items and tax | −0.12 | −0.21 | −0.15 | −0.15 | −0.14 | −0.13 | −0.17 | −0.16 | −0.32 | −0.28 | −0.27 |
| One-off items | – | 0.28 | 0.00 | 0.00 | 0.00 | 0.00 | −0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | −0.12 | 0.07 | −0.15 | −0.15 | −0.14 | −0.13 | −0.18 | −0.16 | −0.32 | −0.28 | −0.27 |
| −0.05 | 0.02 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net profit | −0.07 | 0.05 | −0.15 | −0.16 | −0.14 | −0.13 | −0.18 | −0.16 | −0.32 | −0.28 | −0.27 |
| Net margin | −670.0% | 2,500.0% | – | – | – | – | – | – | – | – | – |
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank.
Earlier years, Mar 2008 to Mar 2016
| ₹ crore | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation and amortisation | – | – | – | – | – | – | 0.06 | – | – |
| Other income | – | – | – | – | – | – | – | – | 0.12 |
| Finance costs | – | – | – | – | – | – | – | 0.05 | 0.05 |
| Profit before one-off items and tax | – | −0.04 | −0.04 | −0.05 | −0.07 | −0.28 | −0.12 | −0.12 | −0.65 |
| One-off items | – | – | – | – | – | – | −0.42 | – | 1.38 |
| Profit before tax | −0.04 | −0.04 | −0.04 | −0.05 | −0.07 | −0.28 | −0.53 | −0.12 | 0.73 |
| Tax | – | – | – | – | – | – | – | – | 0.20 |
| Net profit | −0.04 | −0.04 | −0.04 | −0.05 | −0.07 | −0.28 | −0.53 | −0.12 | 0.53 |
Standalone, ₹ crore, years to March.
Balance sheet
Standalone, ₹ crore, at 31 March.
| ₹ crore | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026Filed 21 May |
|---|---|---|---|---|---|---|---|---|
| Net worth. What the company owns less everything it owes: the money shareholders have in the business, paid in and kept from profits. Net worth in the glossary | −3.73 | −3.89 | −4.03 | −4.17 | −4.34 | −4.50 | −4.83 | 0.61 |
| Share capitalShare capital. The face value of all the shares the company has issued. Share capital in the glossary | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 | 2.16 | 6.16 |
| ReservesReserves. The rest of the shareholders' net worth: profits kept in the business over the years, and money paid for shares above their face value. Reserves in the glossary | −5.89 | −6.05 | −6.19 | −6.32 | −6.50 | −6.66 | −6.98 | −5.55 |
| Borrowings. Loans, bonds and other money the company has borrowed and must repay with interest. Borrowings in the glossary | 1.43 | 1.58 | 1.73 | 1.86 | 2.04 | 2.24 | 2.52 | 1.03 |
| Liabilities due within a year. Everything the company must pay within twelve months: borrowings falling due, suppliers, and other dues and provisions. Liabilities due within a year in the glossary | 2.48 | 2.64 | 2.79 | 2.92 | 3.10 | 3.26 | 3.87 | 2.40 |
| Liabilities due after a yearLiabilities due after a year. Everything the company owes that falls due more than twelve months on, borrowings among it. Liabilities due after a year in the glossary | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 1.25 | 0.96 | 0.96 |
| Total assetsTotal assets. Everything the company owns or controls: plant, investments, stock, money owed by customers and cash. Total assets in the glossary | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 3.96 |
| Assets held for longer than a yearAssets held for longer than a year. Everything the company owns that it does not expect to turn into cash within twelve months: plant, intangibles, long-term investments, loans given and the like. Assets held for longer than a year in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Assets turning to cash within a year. Everything the company expects to turn into cash or use up within twelve months: stock, money owed by customers, cash and short-term investments. Assets turning to cash within a year in the glossary | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 3.96 |
| Net debtNet debt. Borrowings less cash, other bank balances and current investments: what the company would still owe if it used its cash to repay. Net debt in the glossary | 1.43 | 1.58 | 1.73 | 1.86 | 2.04 | 2.24 | 2.52 | −2.90 |
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Cash flow
Standalone, ₹ crore, years to March.
| ₹ crore | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026Filed 21 May |
|---|---|---|---|---|---|---|
| Cash from operations. Cash the business brought in from its operations in the period, after paying suppliers, staff and tax. Cash from operations in the glossary | −0.14 | −0.13 | −0.18 | −0.20 | −0.21 | −0.29 |
| Change in working capital. Cash taken up, below nought, or released by the change in stock, money owed by customers, money owed to suppliers and other short-term items over the year. Change in working capital in the glossary | 0.00 | 0.00 | −0.01 | −0.03 | 0.04 | −0.01 |
| PayablesChange in payables. Cash kept, above nought, or paid out by the change in what the company owes suppliers. Change in payables in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.03 |
| Other working capitalOther working capital. The working-capital change from every other short-term item: advances, provisions, other assets and liabilities. Other working capital in the glossary | 0.00 | 0.00 | −0.01 | −0.03 | 0.00 | −0.04 |
| Capital spendingCapital spending. Cash spent in the period on plant, equipment, buildings and other long-lived assets. Capital spending in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flowFree cash flow. Cash from operations less capital spending: what is left to repay borrowings, pay dividends or keep. Free cash flow in the glossary | −0.14 | −0.13 | −0.18 | −0.20 | −0.21 | −0.29 |
| Cash from investingCash from investing. Cash spent on, below nought, or received from plant, investments, businesses bought or sold, and interest and dividends received. Cash from investing in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing. Cash raised from, or paid to, lenders and shareholders: borrowings taken and repaid, interest, lease payments, dividends and shares issued or bought back. Cash from financing in the glossary | 0.15 | 0.12 | 0.19 | 0.19 | 0.21 | 4.22 |
| Dividends paidDividends paid. Cash paid to shareholders as dividends during the period. Dividends paid in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares bought backShares bought back. Cash spent buying the company's own shares back from shareholders. Shares bought back in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Shares issuedShares issued. Cash raised by selling new shares. Shares issued in the glossary | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 5.71 |
| Net change in cashNet change in cash. Cash from operations, investing and financing added together: how much cash and cash equivalents rose or fell over the year, before currency effects. Net change in cash in the glossary | 0.01 | −0.01 | 0.00 | 0.00 | 0.00 | 3.93 |
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.
Ratios
Standalone, years to March.
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026Filed 21 May |
|---|---|---|---|---|---|---|---|---|---|
| Revenue growthRevenue growth. This year's revenue less last year's, divided by last year's, times 100; blank where last year's is not above nought. Revenue growth in the glossary | −80.0% | −100.0% | – | – | – | – | – | – | – |
| Return on capital employedReturn on capital employed. Operating profit after depreciation divided by net worth plus borrowings at the year end, times 100: what the business earns on all the money in it. | – | – | – | – | – | – | – | – | −16.9% |
| Debt to equityDebt to equity. Borrowings at the year end divided by net worth: rupees borrowed for each rupee shareholders have in the business. | – | – | – | – | – | – | – | – | 1.70 |
| Asset turnoverAsset turnover. Revenue divided by average total assets: rupees of sales for each rupee of assets. Asset turnover in the glossary | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Assets per rupee of net worthAssets per rupee of net worth. Average total assets divided by average net worth: how far borrowings and other liabilities stretch the shareholders' money. Assets per rupee of net worth in the glossary | – | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.94 |
Interest cover is left blank for the years to Mar 2017, Mar 2018, Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023 and Mar 2025: operating profit after depreciation is a loss, and a loss covers no interest bill. Debt to equity is left blank for the years to Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: net worth is below zero, so there is no shareholders' money to set the borrowings against. Return on capital employed is left blank for the years to Mar 2019, Mar 2020, Mar 2021, Mar 2022, Mar 2023, Mar 2024 and Mar 2025: net worth and borrowings together come to nought or less, so there is no money employed to set the operating profit against. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.
Growth and returns over 3, 5 and 10 years
Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.
- Return on assets, latest yearReturn on assets, latest year. Profit to the company's own shareholders in the latest year ÷ the average of that year's opening and closing total assets × 100; empty for a bank, a lender or an insurer, whose own return on assets is shown with its accounts.
- −14.0%
| Measure | 5 years | 3 years |
|---|---|---|
| Asset turnover, averageAsset turnover, average. 3 years: The plain average of the yearly asset turnover over the last three years, needing at least two of them; a year without the figure is left out, never filled in. 5 years: The plain average of the yearly asset turnover over the last five years, needing at least four of them; a year without the figure is left out, never filled in. 10 years: The plain average of the yearly asset turnover over the last ten years, needing at least nine of them; a year without the figure is left out, never filled in. | 0.00 | 0.00 |
Where the cash came from and went
Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.
| ₹ crore | 5 years | 3 years | Latest year |
|---|---|---|---|
| Cash from operationsCash from operations. Latest year: Cash from operating activities in the latest year. 3 years: Cash from operating activities added over the last three years, needing every one of them. 5 years: Cash from operating activities added over the last five years, needing every one of them. | −1.01 | −0.70 | −0.29 |
| Cash from investingCash from investing. Latest year: Cash from investing activities in the latest year. 3 years: Cash from investing activities added over the last three years, needing every one of them. 5 years: Cash from investing activities added over the last five years, needing every one of them. | 0.00 | 0.00 | 0.00 |
| Cash from financingCash from financing. Latest year: Cash from financing activities in the latest year. 3 years: Cash from financing activities added over the last three years, needing every one of them. 5 years: Cash from financing activities added over the last five years, needing every one of them. | 4.94 | 4.63 | 4.22 |
| Capital spendingCapital spending. Latest year: Spending on property, plant and equipment in the latest year. 3 years: Spending on property, plant and equipment added over the last three years, needing every one of them. 5 years: Spending on property, plant and equipment added over the last five years, needing every one of them. | 0.00 | 0.00 | 0.00 |
| Dividends paidDividends paid. Latest year: Dividends paid in the latest year. 3 years: Dividends paid added over the last three years, needing every one of them. 5 years: Dividends paid added over the last five years, needing every one of them. | 0.00 | 0.00 | 0.00 |
| Shares bought backShares bought back. Latest year: Shares bought back in the latest year. 3 years: Shares bought back added over the last three years, needing every one of them. 5 years: Shares bought back added over the last five years, needing every one of them. | 0.00 | 0.00 | 0.00 |
| Shares issued for cashShares issued for cash. Latest year: Shares issued for cash in the latest year. 3 years: Shares issued for cash added over the last three years, needing every one of them. 5 years: Shares issued for cash added over the last five years, needing every one of them. | 5.71 | 5.71 | 5.71 |
| Borrowings raisedBorrowings raised. Latest year: Money raised by borrowing, as a positive amount, in the latest year; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. 3 years: Money raised by borrowing, as a positive amount, added over the last three years, needing every one of them; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. 5 years: Money raised by borrowing, as a positive amount, added over the last five years, needing every one of them; empty where a year's filing states only borrowing net of repayment, which says neither how much was raised nor how much paid back. | 0.79 | 0.48 | 0.00 |
| Borrowings repaidBorrowings repaid. Latest year: Money paid back on borrowings, as a positive amount, in the latest year. 3 years: Money paid back on borrowings, as a positive amount, added over the last three years, needing every one of them. 5 years: Money paid back on borrowings, as a positive amount, added over the last five years, needing every one of them. | 1.49 | 1.49 | 1.49 |
Accounting checks
Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.
| Check | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Profit not backed by cash, % of assetsProfit not backed by cash (Sloan accruals). Net profit less cash from operations, as a percentage of average total assets. Profit not backed by cash (Sloan accruals) in the glossaryPublished threshold 10 per cent of average total assets | – | – | – | 13.89 | −14.63 | 373.91 | 1,429.17 | −8,872.00 | 0.74 |
| Effective tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossaryPublished threshold 17.16 per cent | 29.58 | – | – | – | – | – | – | – | – |
A threshold marked as ours has no published figure; it is the line we read the check against.
Business segments
In the year to Mar 2026 the company reports one business segment, Iron & Steel Products, which carries all its revenue.
Who owns Western Ministil, filing by filing
Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.
Sep 2026 filing
- Promoters74.87%
- Indian institutions0.11%
- Individuals and others25.03%
Shareholding pattern, per cent, from Sep 2022
- Promoters
- Indian institutions
- Individuals and others
| Per cent | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 50.33% | 47.77% | 50.01% | 50.01% | 75.49% | 74.87% | 74.87% | |
| Indian promoters | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 48.99% | 50.33% | 47.77% | 50.01% | 50.01% | 17.52% | 17.52% | 17.52% |
| Foreign promoters | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 57.97% | 57.34% | 57.34% |
| Public. Every shareholder outside the promoter group, the employee trusts and the shares held against depositary receipts, as the filing totals them. Public in the glossary | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 49.67% | 52.23% | 49.99% | 49.99% | 24.51% | 25.13% | 25.13% |
| Shares in issue | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 21,57,186 | 61,57,186 | 61,57,186 | 61,57,186 |
| Shares locked inShares locked in. Shares the filing reports as barred from sale until a set day, such as promoters' shares after a public issue or shares allotted to an investor directly. Shares locked in in the glossary | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 40,00,000 | – | 40,00,000 |
| Promoters' shares locked in | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 35,00,000 | – | 35,00,000 |
Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.
Western Ministil promoters
Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Patel Kalpesh Naginbhai, 49.22%.
| Holder | |||
|---|---|---|---|
| Patel Kalpesh NaginbhaiNon-resident and foreign individuals | 49.22% | 30,30,782 | 98.98% |
| Satish Ramsevak PandeyIndividuals and Hindu undivided families | 17.52% | 10,78,884 | 0.00% |
| Patel VandanaNon-resident and foreign individuals | 8.12% | 5,00,000 | 100.00% |
No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.
Largest public holders of Western Ministil, filing by filing
Per cent, on the same shares as the split above.
| Holder | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Anita Nalin ParikhResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1.55% | 1.55% | 1.55% | – | – | – |
| Mr. Hemant K ShahResident individuals, over ₹2 lakh at face value | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 2.95% | – | – | – | – | – |
| Roy Vinci WadiaNon-resident Indians | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | 3.95% | – | – | – | – | – | – | – |
| Hemant Kantilal ShahResident individuals, over ₹2 lakh at face value | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.35% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.34% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | – | – | – | – | – | – | – |
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.
Western Ministil share price by year
Each calendar year to 2025.
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 0.54 | +22.7% | 0.54 | 0.46 |
| 2023 | 0.44 | +10.0% | 0.44 | 0.42 |
| 2021 | 0.40 | – | 0.40 | 0.40 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 3 Jul 2025. 2023 is from its first session, 25 Aug 2023. 2021 is from its first session, 12 Aug 2021. The change in 2025 is on the close at the end of 2023, the last year before it with a trade. The change in 2023 is on the close at the end of 2021, the last year before it with a trade. The close is the year's last trade for 2023 (25 Sep 2023) and 2021 (12 Aug 2021).
Recent sessions
The 10 trading days to 10 Aug 2026, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 10 Aug 2026 | 0.60 | 0.60 | 0.60 | 0.60 | 0.60 | 100 |
| 25 Jun 2026 | 0.58 | 0.58 | 0.58 | 0.58 | 0.58 | 50 |
| 1 Jun 2026 | 0.56 | 0.56 | 0.56 | 0.56 | 0.56 | 100 |
| 22 Dec 2025 | 0.54 | 0.54 | 0.54 | 0.54 | 0.54 | 100 |
| 30 Oct 2025 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 50 |
| 20 Oct 2025 | 0.50 | 0.50 | 0.50 | 0.50 | 0.50 | 450 |
| 29 Aug 2025 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 2,500 |
| 3 Jul 2025 | 0.46 | 0.46 | 0.46 | 0.46 | 0.46 | 50 |
| 25 Sep 2023 | 0.44 | 0.44 | 0.44 | 0.44 | 0.44 | 800 |
| 25 Aug 2023 | 0.42 | 0.42 | 0.42 | 0.42 | 0.42 | 400 |
Prices in ₹ per share as traded, not adjusted.
Company details
- BSE code
- 504998
- ISIN
- INE187U01015
- Industry
- Industrial Products
- Website
- www.westernministil.in
- CIN
- L28932MH1972PLC015928
- Corporate identity number, the registrar of companies' code for it
- Incorporated
- 1972
- Registered office
- Shop No. 413, Fourth Floor, CTS No. 458, Disha Construction, Subhash Road, E-Square, Village Vile Parle (East), Mumbai 400057, Maharashtra
- Share registrar
- MUFG Intime India Pvt. Ltd
- Keeps the register of shareholders and handles transfers and dividend payments