Windsor Machines FY26: Growth Delivered, Margins Absorbed the Rajkot Shift
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Frequently Asked Questions
Revenue from operations was 184.6 crore in Q4FY26 (up 52.8% YoY) and 570.5 crore in FY26 (up 54.7% YoY).
FY26 revenue share was CNC 33.1%, Injection Moulding 44.0%, and Extrusion 22.9%.
The company states current capacity of 3,600 machines per annum (expandable to 8,400) at its integrated facility in Chibhada, Rajkot.
Global CNC Pvt. Ltd. was acquired in Feb 2025 for 343 crore and Unitech Workholding Systems Pvt. Ltd. was acquired in Feb 2026 for 42 crore.
Management attributes margin softening to temporary impacts from plant relocation and a change in pricing strategy, along with disclosed one-time relocation costs.
DGTR imposed anti-dumping duty for 5 years from Jun 2025 on injection moulding machines imported from China and Taiwan, ranging from 0% to 63% of CIF value depending on the producer.
FY26 revenue was 501.2 crore from India and 69.3 crore from outside India, implying 88% India and 12% outside India as per the geography mix table.
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