Which companies are Windsor Machines's closest peers?

The cockpit's peer set: Jiangsu Liance Electromechanical Technology (688113.SS), Shanghai CEO Technology (688335.SS), JPP (5284.TW), Shenzhen Intelligent Precision Instrument (301512.SZ), Qingdao Daneng Environmental Protection Equipment (688501.SS), HANGZHOU INNOVER TECHNOLOGY (002767.SZ), Technoflex (3449.T), Tianjin MOTIMO Membrane Technology (300334.SZ).

Is Windsor Machines expensive compared with its peers?

On ev / sales it trades at 4.6× against a peer median of 1.7×, 5th most expensive of 21 in its peer set.

How has Windsor Machines stock performed?

Over six months to 6 Nov 2026 the shares returned -6.8% against -25.2% for the median peer; over one year +4.8%.

← CockpitCompetitor Analysis › WINDMACHIN.NS Windsor Machines LimitedOpen in the cockpit ↗

Windsor Machines LimitedWINDMACHIN.NSCompetitor analysis, valuation and peers

India · INR·Capital Goods›Industrial Machinery

Momentum strong 60

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$322M

US dollars, full cap

Free float

53%

of shares outstanding

$/day

$180,717

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

-20.0 pp

WACC 20.0%

Hurdle

n/a

no reverse DCF

Close · INR₹294.90

1D0.0%

1W+10.5%

1M-2.7%

3M+6.7%

6M-6.8%

YTD+9.3%

1Y+4.8%

ATR %4.8%

Beta0.92

52w lowhigh14.2% off high

What Windsor Machines does

Employees: 1,101

Windsor Machines at a glance

Size Windsor Machines (WINDMACHIN.NS) is an India Industrials company (Industrial Machinery) with a market value of $322M, the 1027th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹294.90 on 6 Nov 2026.

Performance Over six months the shares fell 6.8%, against -25.2% for the median peer and 0.0% for the India market (cap-weighted) — 3rd highest of 21 in its peer set.

Growth Revenue grew 36.3% over the last twelve months (peer median +17.2%); the operating margin is 0.1% (peer median 7.6%).

Valuation It trades at 4.6× enterprise value to sales against a peer median of 1.7× (5th most expensive of 21).

Capital Return on invested capital runs 20.0 points below its cost of capital (20.0% WACC).

Relative performance

Six months, rebased to 100: Windsor Machines against the median of its 20 peers (local-currency closes).

Windsor Machines financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	₹6.52B	₹5.69B	₹3.67B	₹3.53B	₹3.75B
Revenue growth	—	+55%	+4%	-6%	—
Gross profit	₹708M	₹571M	₹443M	₹375M	₹469M
EBITDA	₹228M	₹308M	₹236M	₹215M	₹264M
Net income	-₹28.3M	₹6.42M	₹74.2M	-₹77.0M	₹46.6M
Free cash flow	n/a	-₹2.43B	-₹3.97B	₹42.2M	-₹42.1M
Capital expenditure	n/a	₹1.88B	₹3.48B	₹271M	₹57.9M
Total debt	₹901M	₹863M	₹349M	₹358M	₹359M

Quarterly statements and history in the cockpit →

Windsor Machines competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. Windsor Machines is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Windsor Machines is the large dot.

Windsor Machines competitors and peer comparison

How Windsor Machines compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Windsor Machines against its 20 peers (data as of 6 Nov 2026)
Measure	WINDMACHIN.NS	Peer median	Rank in peer set
1-month return	-2.7%	-16.6%	2nd highest of 21
6-month return	-6.8%	-25.2%	3rd highest of 21
Distance from 52-week high	-14.2%	-43.1%	highest of 21
Revenue growth (TTM)	+36.3%	+17.2%	5th highest of 21
Operating margin	0.1%	7.6%	5th lowest of 21
EV / Sales	4.6×	1.7×	5th most expensive of 21
ROIC minus cost of capital	-20.0 pp	+0.0 pp	lowest of 21
Net debt / EBITDA	-2.6×	-0.7×	4th least indebted of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
Windsor Machines WINDMACHIN.NS	India	$322M	-7%	+36%	0%	4.6×	n/a	n/a
Jiangsu Liance Electromechanical Technology 688113.SS	China	$321M	-23%	+10%	18%	3.6×	7.9%	+6.7%
Shanghai CEO Technology 688335.SS	China	$321M	-55%	+29%	-8%	4.8×	n/a	n/a
JPP 5284.TW	Taiwan	$323M	-47%	+50%	22%	2.4×	-0.6%	+21.0%
Shenzhen Intelligent Precision Instrument 301512.SZ	China	$320M	-20%	0%	5%	3.1×	n/a	n/a
Qingdao Daneng Environmental Protection Equipment 688501.SS	China	$323M	-29%	-15%	9%	1.7×	n/a	n/a
HANGZHOU INNOVER TECHNOLOGY 002767.SZ	China	$325M	-30%	+25%	1%	2.5×	n/a	n/a
Technoflex 3449.T	Japan	$326M	-41%	+22%	19%	1.7×	3.0%	+6.8%
Tianjin MOTIMO Membrane Technology 300334.SZ	China	$326M	-11%	+37%	-10%	7.0×	n/a	n/a
Gltechno 255A.T	Japan	$326M	-24%	+9%	16%	1.1×	9.7%	n/a
Aida Engineering,Ltd 6118.T	Japan	$326M	-13%	-2%	6%	0.2×	-19.0%	+6.2%
Zhuhai Kles Technology 301314.SZ	China	$326M	-18%	+22%	0%	7.2×	n/a	n/a
Wave Cyber (Shanghai) 688718.SS	China	$327M	-26%	+16%	13%	4.8×	35.0%	+5.9%
Protec 053610.KS	South Korea	$316M	-42%	+47%	25%	1.2×	n/a	n/a
Symtek Automation Asia 6438.TW	Taiwan	$314M	-30%	+18%	9%	1.4×	n/a	n/a
Ningbo Water Meter 603700.SS	China	$314M	-19%	+20%	1%	1.2×	n/a	n/a
Mikron MIKN.SW	Switzerland	$313M	-3%	-1%	9%	0.4×	-17.2%	+8.2%
Shandong Zhangqiu Blower 002598.SZ	China	$313M	-17%	-7%	5%	1.2×	3.8%	+11.4%
Rechi Precision 4532.TW	Taiwan	$332M	-2%	-9%	5%	0.7×	-3.8%	+1.0%
SNTEnergy 100840.KS	South Korea	$311M	-59%	+7%	20%	0.8×	n/a	n/a
Qingdao Guolin Technology 300786.SZ	China	$311M	-31%	+39%	-4%	3.0×	n/a	n/a

Questions

Which companies are Windsor Machines's closest peers?: The cockpit's peer set: Jiangsu Liance Electromechanical Technology (688113.SS), Shanghai CEO Technology (688335.SS), JPP (5284.TW), Shenzhen Intelligent Precision Instrument (301512.SZ), Qingdao Daneng Environmental Protection Equipment (688501.SS), HANGZHOU INNOVER TECHNOLOGY (002767.SZ), Technoflex (3449.T), Tianjin MOTIMO Membrane Technology (300334.SZ).
Is Windsor Machines expensive compared with its peers?: On ev / sales it trades at 4.6× against a peer median of 1.7×, 5th most expensive of 21 in its peer set.
How has Windsor Machines stock performed?: Over six months to 6 Nov 2026 the shares returned -6.8% against -25.2% for the median peer; over one year +4.8%.