Plastic processing machinery stock surged to a 10% upper circuit following the announcement of its 100% acquisition of Global CNC. Global CNC specialises in manufacturing and exporting high-quality Special Purpose Machines (SPM) and CNC machinery.
This strategic acquisition strengthens Windsor Machine’s portfolio in precision engineering, enhancing its capabilities in both domestic and international markets.
Share Price Movement
The share price of Windsor Machine hit an upper circuit of 10 percent to Rs. 252.17 per share on Tuesday, an increase from its previous close of Rs. 229.2 per share. The market capitalisation now stands at approximately Rs. 1640 crore as of November 12, 2024.
What Happened
Windsor Machines Limited’s stock rose after announcing its 100% acquisition of Global CNC Private Limited for Rs. 343.11 crore. The strategic acquisition expands Windsor’s product portfolio in CNC machines and strengthens its presence in industrial automation. The deal complements Windsor’s existing offerings and brings advanced technology across multiple sectors.
Q2 Financial Highlights
According to its recent filing, in the quarter ending September 2024, Windsor Machine’s consolidated revenue from operations has decreased by 33.7 percent YOY from Rs. 89 crore in Q2 FY24 to Rs. 59 crore in Q2 FY25 and decreased by 27 percent QoQ from Rs. 81 crore in Q4 FY24.
The company’s consolidated net profit has gone from Rs. 1 crore in Q2 FY24 to negative Rs. -37 crore in Q2 FY25. As compared to the last quarter of 2025, the trend has worsened, and the net loss is 37 crores.
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Market Outlook
India’s plastic processing industry shows strong growth potential, driven by 50,000 MSMEs employing over 50,000 people. The sector processes about 30,000 units utilising various technologies. Western India leads consumption at 47%, followed by Northern (23%) and Southern regions (21%). The industry expects to generate US$122.54 billion by 2027. Government initiatives like ‘Make in India’ and ‘Swachh Bharat’ support growth, while increased focus on agricultural applications and eco-friendly practices drives expansion.
Shareholding Pattern
As of the November 2024 shareholding pattern, Windsor Machine Limited is primarily held by the promotors at 53.90 percent, foreign institutional investors hold 1.12 percent, and the public with 44.95 percent.
About company
Founded in 1963, Windsor Machines Limited has grown into a leader in plastic processing machinery. Headquartered in Ahmedabad, Gujarat, the company is known for its high-quality machinery and innovative technology. Initially established as Windsor Engineering Pvt. Ltd., it became Windsor Machines Limited in 2005, marking a significant transition in its evolution. Under CEO Vinay Bansod, Windsor continues to drive technological progress in plastic manufacturing.
Windsor Machines offers a broad range of machinery, including injection moulding, blow moulding, and extrusion lines. The company collaborates with international firms like Kuhne GmbH and Italtech to advance its technological edge, enhancing its products’ performance. Windsor’s products support industries in packaging, automotive, and consumer goods and are exported worldwide, highlighting its global market presence.
Looking ahead, Windsor Machines remains committed to customer satisfaction and innovation. By focusing on technology and performance optimisation, the company solidifies its role as a pivotal player in global plastics machinery manufacturing.
Written By Fazal Ul Vahab C H
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