Wol 3D IndiaShare price, financial results, shareholding and management
- Market cap
- ₹90 cr
- Stock P/E
- 13.5peers 16.6
- Book value
- ₹66.6
- Price to book
- 2.10
- EV / operating profit
- 11.0
- Market cap to sales
- 0.92
- ROCE · FY26
- 20.7%
- ROE · FY26
- 16.9%
- ROE, 3-year average
- 34.1%
- Operating margin · FY26
- 9.0%peers 13.6%
- Sales growth, 3 years
- 61.2%
- Profit growth, 3 years
- 40.4%
- Debt to equity
- 0.28peers 0.23
- Borrowings
- ₹12 cr
- Interest cover
- 37.5×
- Cash from business / op. profit
- -123%
- Debtor days
- 19
- Pledged
- 0.00%
- Promoter holding
- 64.73%
- Change in promoter holding
- -0.75 pts
- Shareholders
- 502
- 52-week high / low
- ₹217 / ₹107
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
Wol 3D India share price chart
Close on 6 Nov 2026 · +0.90% on the day · Vol 6,000
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- -0.1%
- 3 months
- -1.5%
- 6 months
- -10.2%
- 1 year
- +8.4%
- Since IPO
- -6.8%
- Traded a day, 20 days
- ₹0.05 cr
- Taken for delivery
- 97%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | +103% | +19% |
| 3 years, a year | +61% | +40% |
| Latest half, H2 FY26 | +120% | +7% |
About Wol 3D India: business, products and customers
This Mumbai company imports and distributes desktop printers that build objects layer by layer, makes the plastic filament they use, and prints prototypes and toys on its own printer farm. Its shares trade on NSE Emerge.
Wol 3D India sells 3D printers, 3D pens, scanners and laser engravers made by global brands such as Flashforge, Creality, Bambu Lab and Elegoo, for which it is an authorised distributor. It reaches buyers through branch offices that double as experience centres, franchise offices, online marketplaces and its own website, and it serves schools and colleges, businesses and individual hobbyists. It also makes PLA and ABS filament at a plant in Bhiwandi, Maharashtra, and runs a printer farm called Brahma for prototypes and small batches, which also makes its Vinglits brand of printed toys.
Most of the business is resale of imported machines, so the cost of goods takes about two thirds of sales and the margin is a distributor's margin rather than a maker's. The managing director said on the June 2025 call that hardware earns a gross margin of about 30% to 35%, while prototyping and farm work earn far more, and that sales to businesses earn less than sales to individuals. Because the printers come from abroad with long shipping times, the company holds a lot of stock, and stock rises quickly when sales grow; that is why operating cash flow was negative in FY26 even as profit rose.
Read more about the business
The company itself says it does not deal in industrial grade printers, which is a different, more expensive market. The documents name no listed Indian rival; the exchange groups it with industrial product makers, which are not like for like, and the brands it distributes are its suppliers rather than its peers.
From the May 2026, November 2025 and May 2025 investor presentations and the June 2025 earnings call.
Read the deeper study ↓In its favour
- Sales have grown very fast: 61% a year over three years.
- It earns a high return on the money it uses: ROCE 21% in FY26.
- It has little debt for its size: debt to equity 0.28.
- The promoters own a large part of the company: 64.73%.
To watch
- The new filament manufacturing machine announced to the exchange on 6 July 2026.
- The printer farm's move from about two hundred to an anticipated thousand printers at the new Bhiwandi warehouse (Investor presentation, May 2026, p.8).
- Whether stock and borrowings come down from their March 2026 levels in the FY27 half year results (Investor presentation, May 2026, p.26).
- The aim of an experience centre in every state by FY27 (Earnings call, June 2025, p.3).
- Its borrowings rose a lot last year: ₹12 cr, from ₹0 cr.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
Wol 3D India revenue and profit growth
Half-yearly results · Profit and lossSales have grown very fast. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were higher than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
Wol 3D India half-yearly results
SME companies report every six months · ₹ crore
| H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|
| Sales | 22.72 | 25.51 | 41.46 | 56.06 |
| Expenses | 18.36 | 22.76 | 37.65 | 51.90 |
| Operating profit | 4.36 | 2.76 | 3.81 | 4.16 |
| OPM | 19.2% | 10.8% | 9.2% | 7.4% |
| Interest | 0.40 | 0.05 | 0.04 | 0.20 |
| Depreciation | 0.12 | 0.15 | 0.34 | 0.50 |
| Profit before tax | 3.90 | 3.57 | 4.86 | 4.27 |
| Net profit | 2.93 | 2.66 | 3.83 | 2.84 |
Wol 3D India profit and loss
Full years to March, FY21 to FY26 · ₹ crore, consolidated where reported
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Sales | 16.34 | 19.69 | 23.31 | 39.59 | 48.24 | 97.70 |
| Expenses | 15.41 | 18.54 | 19.74 | 32.60 | 41.13 | 88.91 |
| Operating profit | 0.93 | 1.15 | 3.57 | 6.99 | 7.11 | 8.79 |
| OPM | 5.7% | 5.8% | 15.3% | 17.7% | 14.7% | 9.0% |
| Other income | 0.49 | 0.68 | 0.40 | 0.43 | 1.08 | 1.43 |
| Interest | 0.12 | 0.51 | 0.27 | 0.37 | 0.45 | 0.25 |
| Depreciation | 0.07 | 0.15 | 0.29 | 0.20 | 0.27 | 0.85 |
| Profit before tax | 1.23 | 1.17 | 3.41 | 6.85 | 7.47 | 9.13 |
| Tax rate | 28.5% | 28.2% | 29.3% | 26.4% | 25.2% | 26.9% |
| Net profit | 0.88 | 0.84 | 2.41 | 5.04 | 5.59 | 6.67 |
| EPS ₹ | · | · | 8.03 | 16.80 | 9.76 | 10.33 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Wol 3D India profitability
Margins and returns on capitalLast year the company kept less from each rupee of sales than the year before. It earns a high return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Operating margin | 5.7% | 5.8% | 15.3% | 17.7% | 14.7% | 9.0% |
| Tax rate | 28.5% | 28.2% | 29.3% | 26.4% | 25.2% | 26.9% |
| ROCE | · | 23.7% | 35.4% | 49.3% | 30.1% | 20.7% |
| ROE | · | 29.6% | 54.0% | 61.5% | 24.0% | 16.9% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Wol 3D India debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown. It borrowed much more last year. Its loans are smaller than its own money. Last year the business used more cash than it brought in. Customers pay faster than they did in FY24, which frees up the company's money.
Bars below the line are cash going out.
Wol 3D India balance sheet
At each 31 March · ₹ crore
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 3 | 3 | 6.45 | 6.45 |
| Reserves | 1.42 | 2.26 | 2.67 | 7.71 | 29.34 | 36.50 |
| Net worth | 2.42 | 3.26 | 5.67 | 10.71 | 35.80 | 42.95 |
| Borrowings | 3.37 | 5.10 | 6.79 | 6.10 | 0 | 12 |
| Other liabilities | 0.93 | 1.67 | 1.45 | 7.75 | 9.12 | 16.57 |
| Total liabilities | 6.72 | 10.03 | 13.91 | 24.56 | 44.92 | 71.52 |
| Fixed assets | 0.39 | 0.33 | 0.57 | 0.55 | 1.23 | 2.23 |
| Capital work in progress | 0 | 0.26 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 5.42 | 0.12 |
| Other assets | 6.33 | 9.44 | 13.34 | 24.01 | 38.27 | 69.17 |
| Receivables | · | · | · | · | 4.83 | 5.01 |
| Inventory | · | · | · | · | 23.83 | 48.25 |
| Cash | · | · | · | · | 1.11 | 5.90 |
| Trade payables | · | · | · | · | 6.77 | 11 |
Wol 3D India cash flow
₹ crore
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Cash from operations | -1.79 | -1.50 | -1.39 | 2.39 | -1.29 | -10.84 |
| Cash from investing | -0.35 | -0.36 | -0.26 | -0.89 | -11.55 | 3.96 |
| Cash from financing | 3.04 | 1.62 | 1.44 | -1.04 | 13.03 | 11.67 |
| Net cash flow | 0.90 | -0.24 | -0.21 | 0.46 | 0.19 | 4.79 |
| Capital spending | · | · | · | · | 0.95 | 1.85 |
Working capital
Days
| FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|
| Debtor days | 19 | 35 | 70 | 37 | 37 | 19 |
| Inventory days | 111 | 162 | 159 | 222 | 292 | 264 |
| Days payable | 0 | 19 | 0 | 68 | 83 | 60 |
| Cash conversion cycle | 130 | 177 | 229 | 191 | 245 | 223 |
| Working capital days | 21 | 101 | 125 | 112 | 178 | 111 |
Wol 3D India peers and competitors
Listed SME companies in the same industryBy sales, Wol 3D India is number 87 of the 156 listed SME companies in industrial products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| G M Polyplast | 83 | 10.4 | 103 | 8 | 12.0% | 0.04 |
| Sealmatic India | 468 | 46.8 | 103 | 10 | 15.0% | 0.08 |
| Marco Cables & Conductors | 52 | 12.5 | 103 | 4.2 | 12.1% | 1.62 |
| SKP Bearing Industries | 283 | 322.9 | 103 | 0.9 | 9.6% | 0.88 |
| Jyoti Global Plast | 82 | 11.7 | 102 | 7 | 11.8% | 0.39 |
| B. D. Industries (Pune) | 166 | 16.6 | 101 | 10 | 18.0% | 0.25 |
| Neetu Yoshi | 931 | 37.3 | 98 | 25 | 31.0% | 0.03 |
| Wol 3D India | 90 | 13.5 | 97.7 | 6.7 | 9.0% | 0.28 |
| Metalic Technoforge | - | - | 96 | 12 | 23.0% | 0.94 |
| Narmadesh Brass Industries | 81 | 22.8 | 95.2 | 3.6 | 4.8% | 0.20 |
| Agarwal Toughened Glass India | 355 | 16.4 | 94.9 | 21.6 | 29.6% | 0.21 |
| Median of the 10 others | 166 | 16.6 | 102 | 9 | 13.6% | 0.23 |
Wol 3D India shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company, a little less than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has come down.
Wol 3D India shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| Sep 24 | Mar 25 | Sep 25 | Mar 26 | |
|---|---|---|---|---|
| Promoters | 65.48% | 65.48% | 65.48% | 64.73% |
| Foreign investors (FIIs) | 3.97% | 2.32% | 0.51% | 1.44% |
| Indian institutions (DIIs) | 7.84% | 3.30% | 2.65% | 1.86% |
| HNIs (over ₹2 lakh each) | 4.97% | 8.71% | 10.66% | 13.53% |
| Small holders (up to ₹2 lakh) | 13.35% | 13.64% | 14.62% | 12.36% |
| Companies and others | 4.39% | 6.55% | 6.08% | 6.08% |
| Number of shareholders | 888 | 580 | 612 | 502 |
The named holders are at 31 March 2026, beside 30 Sept 2025, each under the group the pattern files them in.
Wol 3D India study: the business from its own documents
Read from 6 of the company's own documentsWol 3D India so far
From the company's own record
- November 1988Company formed
- 30 Sept 2024Listed on NSE Emerge at ₹150
- 31 March 2026Promoters at 64.73%
- 26 May 2026Highest close since listing, ₹213.75
Wol 3D India key facts from the filings
Each figure with the document it comes from
- Sales
- ₹97.7 cr
- Revenue from operations in FY26, about double the ₹48.3 cr of FY25.Investor presentation, May 2026, p.5 and p.25
- Hardware
- ₹83.3 cr
- Printers, pens, scanners and engravers sold in FY26, about 85% of all revenue.Investor presentation, May 2026, p.6 and p.14
- Consumables
- ₹13.4 cr
- Filaments and resins sold in FY26, up from ₹5.6 cr in FY25.Investor presentation, May 2026, p.6
- EBITDA margin
- 9.0%
- In FY26, down from 14.8% in FY25, as staff and expansion costs were taken ahead of sales.Investor presentation, May 2026, p.5 and p.7
- Stock held
- ₹48.3 cr
- Inventory at March 2026, about double the ₹23.8 cr a year earlier.Investor presentation, May 2026, p.26
Show 5 more facts
- Operating cash flow
- -₹10.8 cr
- Cash used by operations in FY26, after -₹2.7 cr in FY25, mostly because more stock was bought.Investor presentation, May 2026, p.26 and p.27
- Short-term borrowings
- ₹12.0 cr
- At March 2026, against none a year earlier.Investor presentation, May 2026, p.26
- Filament plant
- 144 tonnes a year
- Capacity at Bhiwandi, used at 44.5% in FY26 against 38.9% in FY25.Investor presentation, May 2026, p.16
- Branches
- 11
- Branch offices cum experience centres, plus 5 franchise offices and one manufacturing unit.Investor presentation, May 2026, p.18
- Printer farm
- 200+ printers
- In the Brahma farm, which the company expects to take to about 1,000 printers with its new Bhiwandi warehouse.Investor presentation, May 2026, p.8 and p.22
What the company said, and what happened
The company's own statements, attributed, set against what it later reported; not newboard's estimates
The company says it expects strong momentum to continue through FY27 as awareness of 3D printing grows, and that margins should improve as it scales. It plans more experience centres with the aim of a presence in every state, a larger printer farm and more filament capacity; on 6 July 2026 it told the exchange it was adding a filament manufacturing machine.
| What management said | When | What happened |
|---|---|---|
| Revenue growth of at least 40% in FY26 | June 2025 call | 102% |
| Keep at least the past EBITDA margin | June 2025 call | 9.0% in FY26, from 14.8% |
| An experience centre in every state by FY27 | June 2025 call | 11 branch offices cum experience centres by May 2026 |
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
Wol 3D India earns a distributor's margin on imported printers and a higher margin on its own filament and printing work, and its sales have grown fast.
Its weak spots are a lot of money tied up in stock, margins that fell as it expanded, and reliance on foreign brands for most of what it sells.
AverageCan it set its own prices?It earns a fair margin on hardware, but prices in the category are falling as the market matures, and business buyers pay less than individuals.
AverageHow strong is it against rivals?It is an early and large distributor with exclusive models, but it resells other companies' machines and its filament faces easy entry.
StrongWho are its customers?A wide spread of schools, colleges, businesses and individuals, reached through branches, franchises and online stores.
WatchDoes it need a lot of money?Yes, for stock. Machines are imported with long lead times, so stock rises with sales and has to be funded.
StrongCan it keep finding new work?Sales have grown every year, with new branches, a printer farm, a toy brand and a training tie-up adding new lines.
AverageDo good and bad years swing a lot?Sales have only risen so far, but the margin has moved a lot from year to year as costs were added ahead of sales.
Who runs Wol 3D India?
Promoters, directors and officers; tap a name for the background
RVRahul Virendra ChandaliaChairman and Managing Director
Post Graduate Diploma in Management from Prin. L.N. Welingkar Institute of Management Development and Research, with 13 years of experience; earlier Sales and Procurement Head at Rahul Rayon. With the company since 2019 and responsible for strategy, governance, finance and compliance.
Investor presentation, May 2026, p.21SRSaloni Rahul ChandaliaWhole Time Director
Master of Management Studies in Finance from Prin. L.N. Welingkar Institute of Management Development and Research, with 13 years of experience; proprietor of Ubercool Gifting Solutions since 2013.
Investor presentation, May 2026, p.21PSPradeep Shripal JainWhole Time Director
B.Com from Sydenham College of Commerce and Economics, Mumbai, with two decades in the electrical sector; formerly with Bhavya Lights. Responsible for human resources and after-sales service.
Investor presentation, May 2026, p.21SPSwati Pradeep JainNon-Executive Director
Bachelor of Arts from the University of Mumbai (2005), with three years at Amisha Impex and experience in textiles and fashion.
Investor presentation, May 2026, p.21MMMayuresh Mahesh AdvilkarChief Financial Officer
Chartered Accountant; two years at Parksons Packaging and six years at MonetaGo India. Oversees financial strategy, planning, budgeting and capital allocation.
Investor presentation, May 2026, p.21Wol 3D India latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹56.1 cr (+120%), net profit ₹2.8 cr (+7%) on H2 FY25.
- Shareholding, 31 March 2026: promoters 65.48% to 64.73%.
Wol 3D India announcements
34 on record, latest first; each opens the filing on the exchange
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Certificate under regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018PDF ↗
- Shareholders meetingSrutinizers report of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regarding voting resultsPDF ↗
- Shareholders meetingProceedings of Annual General Meeting held on September 30, 2026PDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meetPDF ↗
- Updates'Submission of Annual Report of Wol3d India Limited for the financial year 2025-26 'PDF ↗
- Shareholders meetingNotice of Annual General Meeting to be held on September 30, 2026PDF ↗
- Outcome of Board MeetingHeld on September 05, 2026.for approval of Director's Report and Notice of ensuing Annual General MeetingPDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meetPDF ↗
- Analysts/Institutional Investor Meet/Con. Call UpdatesSchedule of meetPDF ↗
- Trading WindowClosure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015PDF ↗
- Outcome of Board MeetingHeld on July 28, 2026PDF ↗
Wol 3D India annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
- Offer document ↗read
- 31 July 2025 ↗read
- FY25 ↗read
Wol 3D India share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on Wol 3D India's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (64,52,000 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY21 to FY26.
- iPrices run to the close on 13 Oct 2026, from the exchange's daily figures.
Questions people ask about Wol 3D India
What does Wol 3D India do?
This Mumbai company imports and distributes desktop printers that build objects layer by layer, makes the plastic filament they use, and prints prototypes and toys on its own printer farm. Its shares trade on NSE Emerge.
What is the share price of Wol 3D India?
₹140 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of Wol 3D India?
₹90 cr at the close on 6 Nov 2026, on 64,52,000 shares.
What is the P/E of Wol 3D India?
13.5 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are Wol 3D India's revenue and profit?
Revenue ₹98 cr and profit after tax ₹7 cr in FY26.
Who are the promoters of Wol 3D India?
The promoter group; promoters held 64.73% at 31 March 2026.
What was the IPO price of Wol 3D India?
₹150 a share; it listed on 30 Sept 2024.
What is Wol 3D India's website?
www.wol3d.com
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Built from 3 investor presentations, 1 offer document, 1 earnings call transcript, 1 annual report, 34 exchange announcements, 4 shareholding patterns and 6 years of reported results. Every figure carries its source; where the documents are silent, the page says so.