Welspun Living Ltd logo

Welspun Living Ltd

WELSPUNLIV NSE

Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position. [1] It manufactures a wide range of home textile products ranging from towels, bath robes to sheets, tob and basic& fashion bedding. It also entered into the business of carpets flooring solutions recently. [2]

AI Verdict: HOLD Confidence: 4%

Welspun Living trades at a steep PE of 73.4x with TTM profit declining 66% and sales contracting 11%, making the current valuation hard to justify. However, strong analyst consensus (78% buy ratings) and 26% one-year stock CAGR suggest the market is pricing in a recovery. Hold for now until earnings trajectory improves.

Key Fundamentals

SmallcapTextile ProductsTextiles
Market Cap
₹16,196 Cr
Volatility
High Risk
P/E Ratio
78.55
EBITDA
₹774 Cr
Return on Equity
4.83%
Debt to Equity
0.58
Book Value
₹51.27
EPS
₹7.25
52W High
₹171
52W Low
₹107.1

Technical Indicators

Key Insights

Weaknesses

5
  • Stock is trading at 3.31 times its book value
  • The company has delivered a poor sales growth of 5.07% over past five years.
  • Company has a low return on equity of 11.1% over last 3 years.
  • Dividend payout has been low at 2.89% of profits over last 3 years
  • Promoter holding has decreased over last 3 years: -4.12%

Growth Rate

Revenue Growth
-12.13% ↘
Net Income Growth
-67.21% ↘
Cash Flow Change
29.12% ↗
ROE
-10.22% ↘
ROCE
-11.98% ↘
EBITDA Margin (Avg.)
-39.68% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 3d ago
HOLD
Risk high

Welspun Living trades at a steep PE of 73.4x with TTM profit declining 66% and sales contracting 11%, making the current valuation hard to justify. However, strong analyst consensus (78% buy ratings) and 26% one-year stock CAGR suggest the market is pricing in a recovery. Hold for now until earnings trajectory improves.

Bull Case 7
  • Strong analyst consensus with 77.78% buy ratings (7 out of 9 analysts recommend buy) and zero sell ratings
  • Stock has delivered 26% CAGR over the past 1 year, outperforming broader market indices
  • 3-year stock CAGR of 21% indicates sustained investor confidence and re-rating potential
  • Compounded sales growth of 5% over 10 years shows consistent top-line expansion on a longer time horizon
  • 3-year compounded profit growth of 4% suggests the business has had periods of earnings recovery
  • Market cap of Rs 15,516 Cr positions the company as a mid-to-large cap with adequate institutional interest and liquidity
  • 10-year average ROE of 13% demonstrates the business has historically generated reasonable returns on equity
Bear Case 8
  • PE ratio of 73.4x is extremely elevated for a consumer discretionary company with declining earnings, indicating significant overvaluation risk
  • TTM compounded profit has declined 66%, signaling a severe earnings deterioration in the most recent period
  • TTM sales growth is negative at -11%, indicating demand weakness or market share loss
  • 5-year compounded profit CAGR of -17% shows persistent inability to grow bottom-line over a meaningful period
  • Last year ROE collapsed to just 4% from a 3-year average of 11%, reflecting sharp profitability decline
  • Promoter holding has decreased by 4.12% over the last 3 years, raising concerns about insider confidence
  • Dividend payout of only 2.89% of profits over 3 years with a yield of just 0.06% offers negligible income to shareholders
  • Price-to-book of 3.18x is elevated given the poor return profile, with 5-year sales growth at only 5.07%

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 1d ago
Positives 2
  • ₹252 crore buyback completed Jun 12

    Welspun Living bought back 1.44 crore shares at ₹175 each, fully subscribed and settled on June 11, 2026. This signals management confidence and returns capital to shareholders.

  • Nevada unit hits full production Jun 16

    US pillow manufacturing facility commenced full commercial production on June 15 after $13M investment, targeting $60M in FY27 revenue (~7% of company operations).

Neutral 1
  • ₹15 crore NSE block trade Jun 9

    Institutional block trade of ~10.44 lakh shares executed at ₹144.69 per share on NSE, aggregating ₹15.11 crores with limited market impact.

TL;DR: Welspun Living is executing well on capital allocation with a completed buyback at a premium to market price and its US manufacturing expansion reaching full production targeting $60M revenue. No visible headwinds in recent news flow. The trend is constructive with domestic shareholder returns and international capacity ramp-up both progressing on schedule.

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
2,154
2,184
2,509
2,411
2,575
2,536
2,873
2,490
2,646
2,261
2,441
2,262
2,435
Expenses
1,875
1,874
2,151
2,072
2,217
2,195
2,515
2,209
2,330
2,035
2,288
2,102
2,186
Operating Profit
278
310
358
339
359
342
358
280
316
225
153
160
249
OPM %
13%
14%
14%
14%
14%
13%
12%
11%
12%
10%
6%
7%
10%
Other Income
42
31
33
43
42
52
63
38
2
29
15
-5
16
Interest
33
26
34
42
52
43
55
62
57
42
43
39
37
Depreciation
114
99
98
100
96
97
86
98
93
88
101
102
103
PBT
173
216
259
240
252
253
280
158
168
124
24
14
125
Tax %
26%
25%
23%
25%
48%
27%
28%
22%
21%
28%
38%
82%
15%
Net Profit
129
163
200
179
131
186
202
123
133
89
15
3
106
EPS in Rs
1.25
1.66
2.02
1.82
1.5
1.91
2.1
1.26
1.37
0.91
0.14
0
1.08
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
5,264
5,924
6,638
6,050
6,527
6,741
7,340
9,311
8,094
9,679
10,545
9,399
Expenses
3,987
4,325
5,054
4,926
5,458
5,526
5,988
7,950
7,341
8,310
9,246
8,606
Operating Profit
1,278
1,599
1,584
1,124
1,068
1,215
1,352
1,362
753
1,369
1,299
793
OPM %
24%
27%
24%
19%
16%
18%
18%
15%
9%
14%
12%
8%
Other Income
91
84
-384
81
-187
139
68
63
121
146
152
50
Interest
283
237
158
141
159
178
198
131
130
153
217
161
Depreciation
333
372
505
504
436
481
454
420
442
394
373
394
PBT
753
1,074
536
560
287
694
769
873
302
967
860
287
Tax %
28%
30%
32%
29%
21%
24%
28%
30%
33%
30%
25%
26%
Net Profit
544
749
362
398
226
524
551
607
203
673
644
213
EPS in Rs
5.37
7.33
3.56
3.83
2.09
5.05
5.37
5.98
1.98
7.01
6.66
2.13
Div. Payout %
20%
18%
18%
17%
14%
20%
3%
2%
5%
1%
3%
5%
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
100
100
100
100
100
100
100
99
99
97
96
96
Reserves
1,331
1,870
2,297
2,505
2,679
2,872
3,544
3,873
3,989
4,419
4,725
4,821
Borrowings
3,085
3,248
3,311
3,281
3,310
3,521
2,940
3,304
2,462
2,632
2,762
2,315
Other Liabilities
1,178
1,258
1,550
1,301
1,593
1,701
1,981
2,036
1,978
2,337
2,684
3,223
Total Liabilities
5,695
6,476
7,258
7,187
7,682
8,194
8,566
9,312
8,527
9,485
10,267
10,455
Fixed Assets
2,627
3,348
3,689
3,460
3,306
3,933
3,814
4,005
3,918
3,813
4,022
4,471
CWIP
156
183
56
83
489
58
173
166
46
49
380
258
Investments
142
29
126
128
127
244
111
698
642
916
570
892
Other Assets
2,770
2,916
3,387
3,516
3,761
3,959
4,467
4,443
3,922
4,707
5,295
4,834
Total Assets
5,695
6,476
7,258
7,187
7,682
8,194
8,566
9,312
8,527
9,485
10,267
10,455
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
939
1,328
832
545
807
777
954
587
756
533
688
1,175
Investing
-606
-801
-715
-300
-540
-458
-97
-600
244
-210
58
-348
Financing
-325
-620
-99
-250
-232
-269
-762
-55
-1,086
-269
-663
-975
Net Cash Flow
8
-93
18
-5
35
51
94
-68
-86
55
83
-148
Free Cash Flow
362
273
135
214
74
287
533
81
511
274
-7
726
CFO/OP
87
98
59
60
87
77
78
55
112
47
66
160
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
31
52
53
56
60
59
59
39
43
47
57
51
Inventory Days
158
152
168
172
158
184
180
151
168
158
150
157
Days Payable
99
91
98
85
83
108
111
71
74
69
77
99
Cash Conversion Cycle
90
113
122
143
135
135
128
119
137
136
130
108
Working Capital Days
-12
14
39
47
26
8
29
14
42
40
47
68
ROCE %
24%
27%
21%
12%
11%
13%
15%
14%
6%
16%
14%
6%

Shareholding Pattern

As of Mar 2026
Promoters 66.24%
Public 11.96%
DIIs 11.19%
Others 5.61%
FIIs 4.99%
Government 0.01%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters
70.00%
70.00%
70.36%
70.36%
70.36%
70.36%
70.36%
70.36%
70.36%
70.50%
70.50%
70.50%
70.50%
70.50%
66.24%
66.24%
66.24%
66.24%
66.24%
66.24%
66.24%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
7.14%
5.89%
7.08%
5.91%
5.36%
4.75%
4.97%
5.03%
4.99%
DIIs
7.22%
7.30%
5.79%
4.89%
5.24%
5.35%
5.63%
6.10%
6.10%
6.09%
5.86%
5.32%
5.82%
5.95%
7.67%
8.31%
8.93%
9.25%
8.58%
10.43%
11.19%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.01%
0.01%
0.01%
0.01%
Public
11.15%
10.31%
10.54%
10.17%
10.52%
11.78%
11.81%
11.86%
11.93%
11.23%
11.37%
10.90%
10.99%
11.74%
11.78%
12.64%
12.75%
13.42%
14.18%
12.82%
11.96%
Others
11.63%
12.39%
13.31%
14.58%
13.89%
12.51%
12.20%
11.69%
11.61%
12.17%
12.27%
13.28%
5.55%
5.92%
7.23%
6.91%
6.72%
6.34%
6.02%
5.47%
5.61%
No. of Shareholders
77,350
1,14,871
1,48,896
1,58,439
1,84,849
2,12,631
2,10,842
2,05,737
2,00,428
1,82,184
1,76,476
1,75,816
1,83,300
1,89,283
2,13,587
2,39,358
2,42,891
2,60,516
2,73,918
2,48,962
2,43,222

Documents

1
Concall - May 2021 May 2021
2
Concall - Apr 2017 Apr 2017
3
Concall - Feb 2018 Feb 2018
4
Concall - May 2018 May 2018
5
Concall - May 2021 May 2021

Frequently Asked Questions about Welspun Living Ltd

What does Welspun Living Ltd do?
Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home...
Where is Welspun Living Ltd (WELSPUNLIV) listed?
Welspun Living Ltd is listed on the Indian stock exchanges. It is listed on NSE: WELSPUNLIV and BSE: 514162. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Welspun Living Ltd belong to?
Welspun Living Ltd operates in the Consumer Discretionary sector within the Textiles & Apparels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Welspun Living Ltd?
Welspun Living Ltd has a market capitalisation of approximately ₹16196.25 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Welspun Living Ltd?
The Price-to-Earnings (PE) ratio of Welspun Living Ltd is 78.55. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Welspun Living Ltd?
Over the past 52 weeks, Welspun Living Ltd has traded between a low of ₹107.1 and a high of ₹171. This range helps investors understand the stock's price volatility and recent trading levels.
Does Welspun Living Ltd pay dividends?
Yes, Welspun Living Ltd has a dividend yield of 0.06%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Welspun Living Ltd?
Welspun Living Ltd has a Return on Equity (ROE) of 4.83%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Welspun Living Ltd on Tapetide?
On Tapetide, you can view Welspun Living Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Welspun Living Limited, part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position. [1] It manufactures a wide range of home textile products ranging from towels, bath robes to sheets, tob and basic& fashion bedding. It also entered into the business of carpets flooring solutions recently. [2]

Website welspunindia.com
Listed 2003-12-04
Face Value ₹ 1
Issued Size 95,91,52,514

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