Indian Accounting Research Analyst, Trudence Capital Advisors

Nitin Mangal

Indian Accounting Research Analyst

Trudence Capital Advisors

Trudence Capital Advisors Private Limited is a SEBI-registered Research Analyst, holding SEBI registration number INH000015747. Our firm is dedicated to providing independent and unbiased research on Indian mid to large-cap companies. Trudence Capital is known for its counter-consensus views, with a focus on forensic research and on-ground primary investigations. Our research approach is thorough, involving detailed analysis of accounting practices and governance, alongside extensive channel checks.

Independent & Unbiased Research

Forensic Accounting

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<a href="https://www.smartkarma.com/entities/wpil-ltd" target="_blank" data-smartkarma-citation="entities:18149:1" rel="noopener">Wpil Ltd (WPI IN)</a> is principally engaged the business of pumps &amp; pumping systems. The company recently has also started construction contracts related to water supply and irrigation.</li>
<li>Key forensic takeaways include transactions with related parties and promoters, receivables related concerns, auditor woes, etc.</li>
<li>Additionally, it is also noticed that WPIL does not exhibit strong disclosure norms in its annual report. Key disclosures regarding receivables, fixed assets, goodwill remain translucent.</li>
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Wpil Ltd (WPI IN) is principally engaged the business of pumps &amp; pumping systems. The company recently has also started construction contracts related to water supply and irrigation.
Key forensic takeaways include transactions with related parties and promoters, receivables related concerns, auditor woes, etc.
Additionally, it is also noticed that WPIL does not exhibit strong disclosure norms in its annual report. Key disclosures regarding receivables, fixed assets, goodwill remain translucent.


India

WPIL Ltd. manufactures solid handling pumps, stock pumps, horizontal split casing centrifugal pumps, vertical submersible pumps and vertical submersible motors. The Company also manufactures grey iron castings and sluice pumps. Worthington Pump India sells its products in India and abroad.

WPIL Ltd (WPI IN)

WPIL Ltd- Forensic Analysis

Key forensic takeaways include transactions with related parties and promoters, receivables related concerns, auditor woes, etc. along with poor...

Nitin Mangal